Old Mutual Group Old Mutual On The Money

The Relationship between Mental Health and Finances

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How tight can the relationship between mental health and money be? Very… it turns out! Our Head of Financial Education, John Manyike, sat down with Dr. Nomathamsanqa Watala to explore this fascinating topic. Discover how your financial decisions might be impacted by factors such as childhood trauma, narcissistic relationships, and more – plus get some valuable insights on how to overcome these hurdles. 

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Chapters
  • 00:19 Introduction to our guest speaker, Dr. Nomathamsanqa Watala
  • 01:20 Is there a relationship between mental health and how we manage finances?
  • 02:03 What is trauma and how does it relate to managing finances?
  • 05:11 "Comfort food" as a trauma response
  • 06:25 What is the wounded inner child?
  • 08:15 The masks that people wear: people pleaser, overachiever, and peacemaker
  • 12:36 What is a narcissist? Dr. Watala unpacks the stages of narcissism
  • 16:22 What are the signs of being manipulated financially?
  • 18:02 What to do you do if you are in a relationship with a narcissist?
  • 19:07 What are practical steps I can take towards financial healing?
  • 21:28 How to say no to never-ending requests for money
  • 22:37 What is a trauma bond? And how do you get out of it?
  • 24:19 The psychological trauma wounds that create imposter syndrome
  • 25:36 What are the practical steps to find balance with finances and mental health
  • 27:02 How do you co-parent with a narcissist? The gray rock technique
  • 29:00 How do you overcome this if you don't want to speak to a psychologist?
  • 30:38 Dr. Watala unpacks abandonment wounds in relationships
15 Sep 2023 English South Africa Education

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