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With today’s hustle culture, we sometimes put our health aside in order to achieve financial independence or financial freedom. But what is the use of all the money, the title and the success that we accomplish if we can’t enjoy it or we are still unhappy?
What we need to have is financial wellness.
Learn what financial wellness actually means as I chat with my good friend Jason Vitug. Jason is a wellness expert, bestselling author, speaker and founder of Phroogal.com. He is the creator of the Plutus Award winning Road to Financial Wellness project, and a certified yoga teacher and breath work specialist.
In this episode, Jason shares how and when his interest for financial wellness began. And, with the opportunity to climb the corporate ladder and all the success he experienced for his fintech company, he discussed why it’s more important to chase our purpose and not the money.
He opens up about the depressive stage in his life and how he got out of it. He also shares the need to have a holistic approach with our money and health so that we can live healthier, happier, and better lives.
What You Will Learn From This Episode
- What is financial wellness and why it’s so important
- How financial wellness differs to financial independence or financial freedom
- Why it’s more important to chase our purpose and not the money
- The importance of listening to our body and physical state
- Actionable steps to improve financial wellness
“We need to work on our health as we work on our wealth.” – Jason Vitug
“It’s important for us to make sure we take care of ourselves in the present moment while we hope for a better future and still continue to plan for that future. And financial wellness is about that.” – Jason Vitug
“I knew exactly what my purpose in life is, but here I am chasing once again the money and the title to wrap it back up.” – Jason Vitug
“The issue wasn’t the work, the issue for me was chasing the wrong thing in the work.” – Jason Vitug
“I didn’t work this hard to become financially well, to not be able to do the things I say I wanna do.” – Jason Vitug
“If I’m dealing with a mental issue or a physical ailment, and if I have to deal with financial stress on top of that, it is such a dark place to be in.” – Jason Vitug
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Timestamps
02:23 – Jason’s profile and why he focuses on the wellness space
04:10 – Starting a fintech business and how Melanie helped him with it
07:26 – What is financial wellness, how it differs to financial freedom and why it’s so important
11:35 – Why the term financial wellness started as a Human Resource (HR) term
13:23 – How and when Jason’s interest for financial wellness began
15:03 – Why he quit his corporate job even as a successor CEO
19:46 – When and why Jason started his blog Phroogal.com
21:37 – Building his company, the success of his road trips, events and book
25:02 – How his success altered his ego and caused a disconnect and where it led him
29:37 – Jason’s depressive stage, his wake-up call and and how he dealt with it
38:24 – How all his experiences shaped his mental and financial health
44:55 – The wellness wheel and improving our overall well being
47:47 – Actionable steps we can take to improve our financial wellness
Resources
- The Mental Health and Wealth Challenge (a week-long challenge to transform your money and mental health in 13 minutes a day) Join here!
- You Only Live Once: The Road to Financial Wellness and a Purposeful Life by Jason Vitug
- Gary Vaynerchuck
- FIRE Movement
Connect with Jason
Connect with Melanie
- mentalhealthandwealth.com
- melanielockert.com
- Contact: mentalhealthandwealthshow@gmail.com
What do you want to hear from The Mental Health and Wealth Show?
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