Lowering financial stress and stress in general
Lowering financial stress and stress in general. Financial stress is debilitating; it can add a layer of unwelcome, even toxic, distraction to everyday life. It can affect our relationships and our productivity at work; plenty of research shows this, including research commissioned by financial mindfulness. But people under financial stress don’t need research to confirm […]
How can we reduce mortgage stress
How can we reduce mortgage stress. Despite sustained, record low interest rates, repaying a mortgage remains one of the most significant financial stressors for many Australians. According to Moody’s Analytics, 20 percent of all Australian households are said to be under mortgage stress in Australia. Government figures record just over a third of Australian households has a […]
How to maintain a budget
How to maintain a budget. Setting up a budget is a great step toward improving your relationship with money and, ultimately, your financial position.
How to budget successfully
How to budget successfully. Last week, we established that budgeting isn’t easy, so you need to understand why it’s a behaviour that must be followed up with regular—and even daily—actions.
Why do a personal budget
Why do a personal budget. We have started a new financial year. Like in previous financial years, new rules come into effect.
What about the mindfulness part of financial mindfulness
What about the financial mindfulness part. One crucial component of the Financial Mindfulness program is the practice of mindfulness.
Mythbusting our beliefs about financial stress
Mythbusting our beliefs about financial stress. Financial Mindfulness interviewed a dozen people in Hyde Park Sydney while gathering footage for a marketing video, every person we spoke to believed financial stress was all around them. The problem is “huge, huge”, said one respondent, while others suggested 70 per cent of the population might be under […]
Sunk cost fallacy and mindless behaviour
Sunk cost fallacy and mindless behaviour. If you’ve ever persisted with a dead-end job, a loveless relationship or a university degree you quickly regretted starting, all in the hope things will somehow improve, you might want to pay attention. Maybe you’ve endured reading a novel you hated from the first chapter or stayed through a […]
Why do women under-earn
Why do women under-earn. Research constantly proves the point that women earn less than men. In Australia, legislation exists to promote and improve gender equality (including equal remuneration between women and men) in employment and in the workplace. The Workplace Gender Equality Agency was set up in 1986 to promote and improve workplace gender equality […]
Ten steps to increase your financial literacy
Ten steps to increase your financial literacy. The feeling of fear and anxiety of not knowing your subject matter strikes most of us. When it comes to your finances, it is no different. Making financial decisions comes with consequences, both good and bad.