Old Mutual Group Old Mutual On The Money

The Relationship between Mental Health and Finances

Loading player...
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. 

Thanks for listening! Interested in getting more financial education? Visit our website for free resources. You can follow us on X, Facebook, Instagram, TikTok, and YouTube.
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

Other recent episodes

Polygamist Musa Mseleku on Balancing Family and Finances

Join Mr. Musa Mseleku and Old Mutual’s Head of Financial Education, John Manyike, as they talk about finances and family. From how Mr. Musa Mseleku learnt to handle money, taking care of his growing family, his streams of income, and protecting his loved ones' future. Listen to this candid podcast…
7 Sep 2022 41 min

What You Need to Know about Debt Collection

There are a few calls we can look forward to in our day but calls from debt collectors don’t make the favourites list. Our Head of Financial Education, John Manyike, sat down with lawyer and debt expert Timmy van der Grijp as he shares some useful facts and information around…
21 Nov 2022 41 min

Kwesta and Sibu Mabena Discuss Finances & the Relationship between Artists and Managers

South African rapper and songwriter Kwesta, and his manager, Sibu Mabena, chatted with Head of Financial Education John Manyike about their relationship as artist and manager. Catch this candid discussion about the music and money, learning curves coupled with industry wins and lessons. Thanks for listening! Interested in getting more…
21 Sep 2022 43 min
All episodes