We’ve all felt some money stress about affording an expense or saving for a goal, but the ties between financial and mental health run even deeper than these obvious needs. This week, Derrick and Travis are talking with Kabir Bhagaria, Manager of Employee Health and Safety at First West Credit Union, about how your mind creates behaviours and responds to influences that ultimately shape your financial wellbeing. 

1:40 Money Problem: Travis’ client never really mastered the art of budgeting, so when a big inheritance came along, they had an opportunity to change their outlook on financial management. 

4:00 Expert Examination: Travis, Derrick and Kabir get into the way the way you think affects your pocketbook – and vice versa: 

• The impact of financial concerns on happiness. 
• Signs that money is affecting your mental health. 
• Fallout from financial stress. 
• Creating conditions to make good financial decisions. 
• What to do when other people’s money problems affect your mental health. 
• Recognizing and managing mental triggers that affect your financial actions. 

23:00 Weekly Financial Fix: 2021 can be the year you worry less about money with Travis’ simple financial task. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode.