Ep25: Financial Stress and Suicide

09/14/20 • 45 min

Heads up: This episode is about suicide.

If you need help, please call a suicide hotline. In the U.S., call the National Suicide Prevention Lifeline at 1-800-273-8255 any time of day — press "1" to reach the Veterans Crisis Line or use Lifeline Chat

On today’s episode, Andy and Aaron discuss:
-Suicidal ideation versus suicidal intent
-COVID’s impact on suicidal thought
-The link between debt and suicide
-The impact of trauma
-Suicidal ideation or intent despite no past mental illness
-Preventive factors
-Your situation and thoughts matter
-Empathy vs. sympathy
-Signs to look for

(Note: My mic picked up way more sound than I thought - you’ll hear my dog playing ball at the beginning, but he finds another adventure after a few minutes. -Aaron)

Resources/Links:
AFSP: Home
Suicide Deaths in the United States
Mental Health, Substance Use, and Suicidal Ideation During the COVID-19 Pandemic
impact of the COVID-19 pandemic on suicide rates
COVID-19 (coronavirus) and the risk of suicide
Report: Financial difficulty and suicide - Money and Mental Health
Suicide and Debt: The Link We Can No Longer Ignore
Mind Over Money by Brad and Ted Klontz (the Kindle version is the only easy access, unfortunately)
Your Money and Your Brain by Jason Zweig
Brené Brown podcast “Unlocking Us”

Heads up: This episode is about suicide.

(Note: My mic picked up way more sound than I thought - you’ll hear my dog playing ball at the beginning, but he finds another adventure after a few minutes. -Aaron)

Previous Episode

Ep24: Our Money Mistakes

Andy and Aaron share some personal experiences and mistakes with buying a house, expenses when you have children, pet expenses, buying vs. leasing cars, fun money accounts, investing in children’s education, and more!

Resources/Links:
Loaded: Money, Psychology, and How to Get Ahead Without Leaving Your Values Behind by Sarah Newcomb

Next Episode

Ep26: Personal Finance 102 (Savings)

Andy and Aaron discuss emergency savings, the “sleep test” framework, what an emergency could mean, human inertia, retirement savings, “short term pain for long term gain,” target retirement funds (the only fund you’ll ever need), guilt vs. shame, and more.

Resources/Links:
Personal Finance 101 episode (NOT necessary to listen to first)
The Psychology of Money by Morgan Housel
Michael Kitces: Buying Happiness & Well-Being With Cash-On-Hand Reserves
Animal Spirits podcast: Everything You Need to Know About Retirement
How to Vanguard (step-by-step instructions for opening a Vanguard account and automating contributions to a target retirement fund)
Brené Brown (website) → podcast