Money and relationships
Money and relationships. Many elements can lead to relationship tensions and even breakdown. One of the most difficult to change can be disputes or differences over money. Perhaps strangely, often ‘opposites’ attract when it comes to money and relationships. “You’ll often see a spender/saver dynamic in a couple,” says Lea Clothier, a Behavioural Money Coach. […]
What to do if lockdown has caused me financial stress
What to do if lockdown has caused me financial stress. Right now, millions of Australians are under public health orders to stay at home in an attempt to reduce the spread of the Delta variant of the Covid-19 virus all around the country. More than half of all Australians face this uncomfortable but necessary reality, […]
How to reduce the shock of unexpected expenses
How to reduce the shock of unexpected expenses Unexpected events are by definition surprising and can cause anxious feelings in most of us. Where it’s a positive surprise that speaks for itself, positive feelings of wellbeing usually follow. But where it’s an unwelcome unexpected event, we can be quite shaken. A flood or fire, a […]
Why you need to stay mindful with your use of ‘buy now pay later’ services
Buy now pay later. Popular new payment services like Afterpay, Openpay, Zip Pay and soon, Paypal’s ‘Pay in 4’ – collectively known as ‘buy now pay later’ services – perform something of a trick in the minds of consumers. The trick results in people walking out of a store with a television, a carry bag […]
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.
Proving the business case for financial wellness programs
Proving the business case for financial wellness programs. Financial wellness has been a buzz phrase in the workplace for a few years now – with good reason. More and more data show how bad for productivity the problem of employee financial stress is. In Australia, AMP’s 2020 Financial Wellness Report showed 1.8 million Australian workers […]
Australians rebounding from pandemic
Australians rebounding from pandemic Financial Mindfulness was reported in Money Management on its latest financial stress survey. Australians assessed as “thriving” financially have rebounded after sliding backwards during the first six months of the COVID-19 pandemic, according to Financial Mindfulness. The firm’s Financial Stress Index (FSI) showed that 25.8% of 645 respondents were rated as […]