Money & Mental Health | Learn with RG | Season 4, Episode 1
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In this episode, join Radhika Gupta, MD & CEO of Edelweiss Mutual Funds, and Sonia Shenoy as they explore the profound ways in which money impacts our emotions, relationships, and overall well-being. Moving beyond conventional financial discussions, they delve into the generational differences in financial attitudes, personal experiences with financial stress, and the significance of healthy money management.
What will you learn in this video:
• Money can trigger a range of emotions like pride, anger, and insecurity, which can be managed with understanding.
• Different generations have unique financial attitudes and experiences that shape their behavior and outlook.
• Reflecting on how your financial views and practices have evolved provides valuable insights.
• Money should be used to enhance life, not to be the sole focus of happiness.
• Effective financial planning helps reduce stress and maintain mental well-being amidst market fluctuations.
Watch this full video for an insightful conversation about how our financial situations can influence our mental state and discover strategies for achieving a balanced approach to managing your finances.
00:00 – Introduction
0:40 - Why discussing money and mental health is important?
04:21 – What is your relationship with money now vs what was seen in a decade and a half ago?
8:50 – How do you manage money?
11:25 – Pressure related money
15:32 – What is the definition of money?
19:30 – How do you structure investments?
29:40 – Importance of offline life
31:04 – The F & O case
33:38 – Is there a hack to improve your relationship with money?
40:00 – Money Solution, how to save, where to save and how to safeguard?
40:30 – How do you build a sustainable corpus?
45:20 – Optimizing earned money
50:00 - Conclusion
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