https://www.timetrakgo.com/signmeup?utm_source=SMB24&utm_medium=IAP&utm_id=SBM24 The Psychology of Pay: How Money Affects Mental Wellness In episode 54, the hosts discuss how salaries and financial situations impact mental health, covering topics such as self-esteem, job satisfaction, and the psychological toll of underemployment. They share personal anecdotes and statistics, noting the effects of sufficient versus excessive income and the psychological implications of pay inequity. The episode also includes discussions on saving strategies, financial fitness challenges, and future plans to engage listeners with live sessions and giveaways. 00:00 Introduction and Episode Overview 00:12 Casual Catch-Up and Gratitude 02:12 Financial Fitness Challenge 05:04 Robinhood and Investment Talk 07:16 Sports and Current Events 14:11 Psychology of Pay 18:27 The Importance of Financial Security 18:39 The Stress of Living Paycheck to Paycheck 19:11 Borrowing Money from Family 19:43 Impact of Financial Stress on Health 20:05 Job Satisfaction and Fair Compensation 23:04 Gender Pay Gap and Its Effects 23:55 The Income Quality Paradox 26:45 Underemployment and Its Psychological Toll 27:11 Personal Stories of Financial Struggles 35:02 Upcoming Episodes and Engagement 36:45 Conclusion and Call to Action Learn more about your ad choices. Visit megaphone.fm/adchoices