• The Impact of Stress on Financial Well-being and Relationships

  • Sep 3 2024
  • Length: 50 mins
  • Podcast

The Impact of Stress on Financial Well-being and Relationships

  • Summary

  • Summary

    In this conversation, Jax Crider and Eileen McDonald discuss the impact of stress on financial well-being and relationships. They emphasize the importance of understanding one's values and beliefs around money and how they shape financial decisions. They also highlight the need for effective communication and open-mindedness when discussing finances with others. The conversation explores the role of self-awareness, curiosity, and positive psychology in managing financial stress. They encourage listeners to step into discomfort, confront their stressors, and develop empowering financial habits. In this conversation, Jax and Eileen discuss the importance of listening to our bodies and being present in the moment. They draw parallels between potty training and learning to listen to our body's cues as adults. They emphasize the need to slow down, be intentional, and learn to hear ourselves. They also discuss the power of affirmations and the importance of knowing ourselves and what we want. Eileen highlights the significance of movement and exercise in managing stress and overwhelm. They conclude by encouraging listeners to take control of their situations and make empowered decisions.


    Keywords

    financial stress, values, beliefs, communication, self-awareness, curiosity, positive psychology, financial habits, body cues, presence, potty training, learning, listening, affirmations, knowing ourselves, movement, exercise, stress management, overwhelm, empowered decisions


    Takeaways

    Financial stress is a common issue that affects relationships and overall well-being.

    Understanding one's values and beliefs around money is crucial for making sound financial decisions.

    Effective communication and open-mindedness are essential when discussing finances with others.

    Self-awareness, curiosity, and positive psychology can help manage financial stress and develop empowering financial habits. Slow down and be present in the moment to listen to your body's cues.

    Learning to listen to our bodies is a lifelong process, just like potty training.

    Affirmations can be a powerful tool to rewire our brains and empower ourselves.

    Knowing ourselves and what we want is essential in making empowered decisions.

    Movement and exercise are important for managing stress and overwhelm.

    Taking control of our situations and making empowered decisions leads to a fulfilling life.

    Sound Bites

    "There's so much shame around money."

    "Financial is just literally dollars and cents, right? It's just this purely math thing."

    "How do we really communicate? First, how do we know what our true value is around money?"

    "Just slow it down and just be in the moment."

    "We have the ability to like, stop for a moment and learn something and really like, hear ourselves and be in that place."

    "Doing the hard things is what makes you succeed all of those goals that felt impossible."

    Chapters

    00:00 Highlights
    00:25 Introduction and Background
    02:31 The Impact of Stress on Financial Well-being and Relationships
    04:33 Understanding Your Values and Beliefs Around Money
    08:57 Effective Communication and Open-mindedness in Financial Discussions
    11:14 The Role of Self-awareness, Curiosity, and Positive Psychology in Managing Financial Stress
    14:28 Stepping into Discomfort and Developing Empowering Financial Habits
    26:38 Listening to Our Bodies
    29:11 The Power of Doing Hard Things
    34:12 Movement and Exercise
    39:41 Embracing Our Power

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