Why women suffer more from financial stress
Why women suffer more from financial stress. Recent studies have found women feeling considerably more financially stressed than men – but why? In the United States, a recent study of 10,500 employeesby Salary Finance, found more than half of women born between 1981 and 1996 (millennials) are worried about not having enough to retire. In […]
Want to avoid financial stress: ask yourself these questions
Want to avoid financial stress: ask yourself these questions. There’s never been so many options for accessing cash quickly as there are today, and that’s very appealing around this time of year – especially this year, with many more people unemployed as a result of the ‘pandemic induced’ economic disruption. Nobody wants to be in […]
The real cost of gift-giving: financial stress – part 3
The real cost of gift-giving: financial stress – part 3. In ancient history giving gifts began as part of the ritual of worship and over the centuries it has morphed into a show of appreciation. In the age of mass consumerism gift-giving has become an expensive habit too, especially in holiday season. While most of us […]
The real costs of gift-giving: Financial stress – part 2
The real costs of gift-giving: Financial stress – part 2. Who wants to buy something special for their partner, relative, friend or colleague on Black Friday or this Christmas? It’s a thoughtful idea given how tough 2020 has been – with bushfires, then the COVID-19 pandemic, various lockdowns and financial stress coming at Australians in […]
Mindfulness and the Sunk Cost Bias
Understanding the Sunk-Cost Fallacy If you’ve ever persisted with a dead-end job, loveless relationship, or regrettable university degree, hoping it will somehow improve, or ‘chased your losses’ by doubling down, this article is for you, Mindfulness and the Sunk Cost Bias.
Australians distressed and acting aggressively to others
Australians distressed and acting aggressively to others. These are the findings from the latest Financial Mindfulness Financial Stress Index (FSI) report which has tracked financial stress in detail over the last 12 months and captured the impact from the COVID-19 pandemic. An estimated 2.29 million Australians are experiencing levels of financial stress that reduce their […]
Contactless payments surge 44% during COVID-19
Credit card giant Mastercard reported a major shift in consumer behaviour that has seen 44% of Aussies decrease their use of cash when making purchases in-person since the outbreak of the coronavirus pandemic, as shoppers fear germs on cash. The research found that more than half (52%) of Aussies are more aware of the dirtiness of […]
Stressed about your finances or your mortgage
Stressed about your finances or your mortgage. Financial Mindfulness was covered in Yahoo Finance If you’re experiencing financial stress, you’re dealing with two distinct issues: the money problems, and then the stress itself. While Headspace has rolled out meditations specifically to help tackle financial stress, a new app has gone one step further to try and […]
Financial stress is widespread for Australians
Financial stress is widespread for Australians. Financial Mindfulness released its latest Financial Stress Survey and the results showed just how much damage financial stress is causing. The Sydney Morning Herald covered the story. Nearly one in three Australians is feeling financially stressed, with damaging effects on mental and physical health and social relationships. The CoreData/Financial […]
The cost of divorce: unhealthy spending, retirement ‘bleak’, huge benefit and court costs
The cost of divorce: unhealthy spending, retirement ‘bleak’, huge benefit and court costs.