Joining us in the booth this week is Norma Cassius who is a Psychotherapist & Money Management Consultant with over 20 years experience in banking and 17 years as a Qualified Psychotherapist. As part of mental health week we wanted to shed a light on the link between money and mental health and what you can do to reduce stress and anxiety when it comes to money. In this episode we discuss: The Psychology of Money Why people stress bout Money & how to combat it The impact of Debt & Spending on Mental Health Organisations that help with Debt The importance of a Budget Two parts of the brain that influences Spending How to think like a Bank! Steps you can take today to Build Wealth How to be positive in the Cost of Living Crisis and more! Connect with Norma on her website: https://www.normacassius.com Connect with Norma on Instagram: https://www.instagram.com/think.like.a.bank Follow me on: Instagram - https://www.instagram.com/savvywallet Tiktok - https://www.tiktok.com/@savvywallet Check out: https://www.youtube.com/savvywallet for the video version Our partners: Coursera Learn AI, Cybersecurity, Project Management, Data Science & more with Coursera here: https://imp.i384100.net/savvywallet Ato has personally used Coursera to obtain an AI certificate. NordVPN Get 3 extra months free with a 2 year plan: https://go.nordvpn.net/aff_c?offer_id=15&aff_id=106735&url_id=902 Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. Timestamps 00:00 - Preview 01:13 - Intro 01:49 - Meet Psychotherapist & Money Management Consultant Norma 03:54 - Lessons learnt from my parents 07:32 - Growing up in Bow, London! 12:04 - This is how I started my career in a bank 14:16 - Surviving domestic violence & economic abuse 16:42 - My job as a psychotherapist 18:01 - This is how people cope with money struggles 20:00 - Easier to swipe a card than part with cash! 21:34 - Why do people stress about money? 22:50 - The Psychology Of Money…! 25:17 - A lot of my clients feel like they need a 2nd job…! 28:39 - How not to be stressed about money…! 30:54 - Reasons why people get into debt…! 36:39 - Impact of debt on your mental health…! 39:03 - Is being in debt really that bad?! 40:52 - How to be comfortable with debt & How to get out of debt…! 45:27 - Organisations that help you with debt…! 47:11 - What’s your relationship with money…! 49:49 - There are two parts of the brain that influences spending…! 52:45 - Budgeting is like driving a car without…! 57:38 - How to not feel bad spending your money…! 58:47 - How to think like a Bank! 01:01:32 - How I Paid Off My Mortgage In 10 years…! 01:02:51 - Buying a property in Miami..! 01:04:42 - Steps you can take today to build wealth… ! 01:06:33 - How to be positive in the cost of living crisis…! 01:08:27 - Final words Learn more about your ad choices. Visit megaphone.fm/adchoices

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