Jacqueline Trumbull and Kibby McMahon
Jacqueline Trumbull and Kibby McMahon
Can Money Buy Happiness?
Can Money Buy Happiness?
Can Money Buy Happiness?
Thursday 23rd February 2023
Can money buy happiness? Jacqueline Trumbull & Dr. Kibby McMahon discuss financial stress's impact on mental health & share tips for better financial wellness.
55 minutes
Informative
Thought-provoking
Engaging
Supportive
Transformative
About this podcast
Author:
Jacqueline Trumbull and Kibby McMahon
Overview:
Categories:
Recovery from Trauma
Sobriety Toolkit
Healing Relationships
Navigating Intimate Relationships
Relationships & Community
Links:
Visit site
Episodes:
124 (View all)
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Get the buttons here!Can Money Really Buy Happiness? Dive Into Financial Wellness on A Little Help For Our Friends
Financial stress is a major contributor to serious mental health issues, especially depression and anxiety. But the numbers on your bank statement are not the only things that determine your psychological wellbeing.
Ever found yourself wondering if a bigger bank balance could really make you happier? In this thought-provoking episode of 'A Little Help For Our Friends', hosts Jacqueline Trumbull and Dr. Kibby McMahon tackle the age-old question: Can money buy happiness? They dive into the nitty-gritty of how financial stress can wreak havoc on mental health, leading to issues like depression and anxiety. But it’s not all doom and gloom.
The duo also shares practical tips on how to improve your financial coping skills and manage money more effectively in relationships. Drawing from a mix of scientific research and personal anecdotes, Jacqueline and Kibby offer a fresh perspective on the psychological impact of financial hardship. They discuss a fascinating study by Frankham, Richardson, and Maguire that sheds light on the link between money and mental health.
More importantly, they provide a framework to help you and your loved ones navigate financial conversations without pulling your hair out. One of the standout moments in this episode is when the hosts emphasize that while money can contribute to happiness, it’s far from the only factor. They encourage listeners to explore their personal values and goals, and to develop healthy financial habits that align with these. As Dr.
Kibby McMahon puts it, 'Financial stress is a major contributor to serious mental health issues, especially depression and anxiety. But the numbers on your bank statement are not the only things that determine your psychological wellbeing'. Whether you're dealing with financial stress yourself or supporting someone who is, this episode offers valuable insights and practical advice. Tune in to learn how you can achieve financial wellness and boost your overall mental health.