Navigating financial stress and mental health. Listen to the podcast interview with Dr Jelena Janjusevic
Welcome to #278 weekly newsletter from The Purse.
The Purse Podcast interview (#139): Dr Jelena Janjusevic
In this podcast interview, we unpack the intricate relationship between financial stress and mental health, particularly heightened by the pandemic. We explored why money remains a taboo topic, its impact on mental health, and its disproportionate effects on women and Gen Z.
Who They Are:
Dr. Jelena Janjusevic is an Associate Professor of Finance and Head of Accountancy, Economics, and Finance at Edinburgh Business School, Heriot-Watt University in Dubai. She specialises in quantitative finance, portfolio selection, sustainable development, sustainable finance, and sustainable tourism.
Key Takeaways:
Financial stress is pervasive and universal; it affects not only those with low incomes but also individuals earning higher salaries due to pressures of maintaining lifestyles and managing extensive responsibilities.
The pandemic intensified financial anxieties, especially among women who disproportionately shouldered increased caregiving duties, and Gen Z, who face mounting student debt and a precarious job market.
Education systems have a critical role in providing financial literacy and stress management skills early, preparing young adults better for real-world financial challenges.
Proactive measures are crucial: Seeking financial counseling, engaging with supportive communities, and embracing financial planning can significantly alleviate stress.
Personal well-being is paramount: Slowing down, regular self-care routines, meditation, and hobbies can mitigate the physical and mental toll of financial anxiety.
Dr. Jelena's empowering message: Financial hardship does not define your worth—you're not alone, and support is available.
🎧 Listen to the full episode:
We’d love to hear from you. Get in touch with Jana via the The Purse website or tweet @jointhepurse and janicka. We do no provide investment advice. Please do your own research or speak to a financial adviser.
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