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.
Why our financial literacy matters
Why our financial literacy matters. While knowledge is power, the lack of knowledge can leave us vulnerable in many areas of life. This is especially true when it comes to our relationship with money. Financial literacy is the missing building block undermining many people’s financial capability and personal financial position, invariably leading to chronic financial […]
New clinical help on the horizon for shopalcoholics
New clinical help on the horizon for shopalcoholics. We all instinctively know that compulsive, mindless spending can be a problem. We see it in those around us and even in ourselves at times – especially when stress drives the perceived need to ‘escape’ mentally. Whatever is behind compulsive shopping, buying, spending, even shopalcoholism – whatever […]
The cost of divorce and its impact on families
The cost of divorce and its impact on families. We know that divorce – the unsettling reality for one in three marriages – usually has an immense but largely immeasurable emotional impact on couples and their children. But the financial costs can be quantified. A detailed report by the National Centre for Social and Economic […]