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 […]
Key insights from the FSI report
Key insights from the FSI report. A significant focus of Financial Mindfulness is the tracking and reporting of our Financial Stress Index (FSI), which allows us to benchmark and compare the impact of financial stress on Australians. The FSI has now become a leading financial stress measure in Australia. The FSI is a comprehensive measure […]
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 […]
Staggering number of Australians with less than $2000 in the bank
Staggering number of Australians with less than $2000 in the bank. Financial Mindfulness was interviewed by the Daily Mail on the latest study on financial stress. These results show just how dire circumstances are for some Australian’s. Revealed: The staggering number of Australians with less than $2000 in the bank – and why the slow […]
Graduates arrive in their careers with financial stress
Graduates arrive in their careers with financial stress. Graduating from University is an exciting and rewarding experience. The prospect of being in the field of your choice and apply those years of learning is one of hope and excitement, however there are elements of fear. Fear of ‘will I be good enough?’, fear of performing […]
Mindfulness to remain a key part of what it means to be human in the future
Mindfulness to remain a key part of what it means to be human in the future. While we look in awe at the videos of amazing robots coming out of labs worldwide on ever smarter smartphones, sceptics and academics are meanwhile busy wrestling with the real value of mindfulness. A leading British expert has made […]
Money doesn’t make you happy, but bad debt makes you sick
Money doesn’t make you happy, but bad debt makes you sick. You can’t buy happiness, goes the old saying. We also know that being in poverty decreases happiness, but instinctively we know having lots of money doesn’t guarantee happiness. Research backs up the motherhood statement too. In a landmark study, Daniel Kahneman and Angus Deaton, […]
Financial stress a perennial reason couples split
Financial stress a perennial reason couples split. It’s February already and in a lot of relationships that means money worries will be to the fore. It’s well known amongst lawyers that returning to work after the holidays brings up dissatisfaction amongst couples. The pressure of being forced together more often, especially with the added burden […]
Using Mindfulness practice to help reduce financial stress
Using Mindfulness practice to help reduce financial stress. Mindfulness has been a big buzzword for several years. The cabin-fever worry of the COVID pandemic reinvigorated mindfulness as a solution too. Mental health organisations, major news outlets, universities and of course meditation programs were discussing the merits of mindfulness as a way to deal with COVID stress. In […]
Financial stress and under-earning
Financial stress and under-earning. When people think about answers to financial stress a lot of energy and attention is paid to our spending. Where does all our money go, we are urged to ask of ourselves and our partners. The implication is clear: if we suffer financial stress we share a flaw – impulsive and sometimes reckless […]