Stephanus Vries, human capital manager at Old Mutual Namibia.Photo: Contributed
Stephanus Vries, human capital manager at Old Mutual Namibia.Photo: Contributed

Achieving financial balance and mental well-being

Stephanus Vries
In the hustle and bustle of everyday life, it's easy to get swept up in the whirlwind of financial goals and commitments. It's crucial to take a step back and reflect on how we're balancing our financial aspirations with our mental well-being.

In Namibia, where the pace of life can be both exhilarating and demanding, finding harmony between our financial pursuits and our mental health is more important than ever. It's about recognising that our well-being is intrinsically linked to how we manage our money and navigate our financial journeys.

Achieving this balance begins with a simple shift in perspective – understanding that our mental health is just as valuable as our bank balance. It's about prioritising self-care alongside financial success, acknowledging that true wealth encompasses both financial stability and emotional well-being.

So, how do we strike this delicate balance? It starts with cultivating mindfulness in our financial decisions. Instead of chasing after material possessions or comparing ourselves to others, we should focus on what truly brings us joy and fulfilment. Whether it's saving for a dream holiday, investing in further education or simply building a safety net for the future, our financial goals become a reflection of our values and aspirations.

But achieving financial balance isn't just about setting goals – it's also about embracing flexibility and resilience in the face of unexpected challenges. Here in Namibia, where economic fluctuations and external pressures can impact our financial security, it's essential to adapt and adjust our plans accordingly. By building a financial cushion and seeking support when needed, we can navigate turbulent times with greater confidence and peace of mind.

Above all, achieving financial balance and mental well-being mid-year is about finding what works best for us as individuals. It's about embracing our unique circumstances, strengths and challenges, and crafting a financial plan that aligns with our values and priorities. Whether it's seeking guidance from a financial advisor, practicing mindfulness techniques or simply being kinder to ourselves, every small step we take towards greater balance contributes to our overall well-being.

As we journey through the rest of the year, let's remember that true wealth is not just about the numbers in our bank accounts – it's about the richness of our experiences, the strength of our relationships and the peace of mind that comes from knowing we're living in alignment with our values. By prioritising both our financial goals and our mental well-being, we can create a life that's truly fulfilling and abundant – here in Namibia and beyond.

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Allgemeine Zeitung 2024-07-27

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Currie Cup: NovaVit Griffons 45 vs 47 Toyota Cheetahs XV Katima Mulilo: 12° | 33° Rundu: 11° | 31° Eenhana: 11° | 33° Oshakati: 12° | 30° Ruacana: 12° | 31° Tsumeb: 14° | 27° Otjiwarongo: 9° | 26° Omaruru: 9° | 27° Windhoek: 8° | 24° Gobabis: 5° | 23° Henties Bay: 11° | 16° Swakopmund: 12° | 15° Walvis Bay: 11° | 20° Rehoboth: 5° | 22° Mariental: 5° | 19° Keetmanshoop: 4° | 16° Aranos: 5° | 20° Lüderitz: 10° | 20° Ariamsvlei: 6° | 14° Oranjemund: 10° | 15° Luanda: 19° | 21° Gaborone: 8° | 23° Lubumbashi: 12° | 31° Mbabane: 10° | 27° Maseru: 1° | 11° Antananarivo: 10° | 25° Lilongwe: 15° | 29° Maputo: 18° | 33° Windhoek: 8° | 24° Cape Town: 9° | 13° Durban: 14° | 20° Johannesburg: 8° | 16° Dar es Salaam: 21° | 31° Lusaka: 16° | 31° Harare: 14° | 28° Currency: GBP to NAD 23.47 | EUR to NAD 19.84 | CNY to NAD 2.52 | USD to NAD 18.28 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.69 | ZWL to NAD 0.04 | BRL to NAD 3.22 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 134.1 | USD to AOA 872.64 | USD to BWP 13.56 | USD to EGP 48.29 | USD to KES 130.48 | USD to NGN 1598.89 | USD to ZAR 18.29 | USD to ZMW 26.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1807.67 Up +1.81% | Casablanca Stock Exchange (CSE) MASI 13660.65 Up +0.14% | Egyptian Exchange (EGX) 30 Index 29090.57 Down -0.36% | Botswana Stock Exchange (BSE) DCI 9392.07 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 387.02/OZ UP +0.98% | Copper US$ 4.11/lb DOWN -0.001 | Zinc US$ 2 678.50/T DOWN -0.29% | Brent Crude Oil US$ 80.81/BBP DOWN -0.022 | Platinum US$ 935.05/OZ UP +0.34% Sport results: Currie Cup: NovaVit Griffons 45 vs 47 Toyota Cheetahs XV Weather: Katima Mulilo: 12° | 33° Rundu: 11° | 31° Eenhana: 11° | 33° Oshakati: 12° | 30° Ruacana: 12° | 31° Tsumeb: 14° | 27° Otjiwarongo: 9° | 26° Omaruru: 9° | 27° Windhoek: 8° | 24° Gobabis: 5° | 23° Henties Bay: 11° | 16° Swakopmund: 12° | 15° Walvis Bay: 11° | 20° Rehoboth: 5° | 22° Mariental: 5° | 19° Keetmanshoop: 4° | 16° Aranos: 5° | 20° Lüderitz: 10° | 20° Ariamsvlei: 6° | 14° Oranjemund: 10° | 15° Luanda: 19° | 21° Gaborone: 8° | 23° Lubumbashi: 12° | 31° Mbabane: 10° | 27° Maseru: 1° | 11° Antananarivo: 10° | 25° Lilongwe: 15° | 29° Maputo: 18° | 33° Windhoek: 8° | 24° Cape Town: 9° | 13° Durban: 14° | 20° Johannesburg: 8° | 16° Dar es Salaam: 21° | 31° Lusaka: 16° | 31° Harare: 14° | 28° Economic Indicators: Currency: GBP to NAD 23.47 | EUR to NAD 19.84 | CNY to NAD 2.52 | USD to NAD 18.28 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.69 | ZWL to NAD 0.04 | BRL to NAD 3.22 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 134.1 | USD to AOA 872.64 | USD to BWP 13.56 | USD to EGP 48.29 | USD to KES 130.48 | USD to NGN 1598.89 | USD to ZAR 18.29 | USD to ZMW 26.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1807.67 Up +1.81% | Casablanca Stock Exchange (CSE) MASI 13660.65 Up +0.14% | Egyptian Exchange (EGX) 30 Index 29090.57 Down -0.36% | Botswana Stock Exchange (BSE) DCI 9392.07 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 387.02/OZ UP +0.98% | Copper US$ 4.11/lb DOWN -0.001 | Zinc US$ 2 678.50/T DOWN -0.29% | Brent Crude Oil US$ 80.81/BBP DOWN -0.022 | Platinum US$ 935.05/OZ UP +0.34%