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 isn’t mindfulness working for me
Why isn’t mindfulness working for me. Mindfulness, in theory, sounds great. The deal seems to be roughly this: if I sit still and listen to my breathing for 10 minutes each day, I will be calmer, certainly cooler, possibly richer and definitely an all-round better person. So how come it’s not working, you might ask […]
The Australian dream holds big financial risks
The Australian dream holds big financial risks. It’s said that the American dream is upward mobility – the ultimate example being to become the US President. The Australian dream seems more modest – home ownership, especially the good-old quarter acre block. But arguably it comes with bigger risks than the American dream, especially for Australians […]
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 […]
Find stability with Financial Mindfulness
Find stability with Financial Mindfulness. With a horrible year in 2020, routines have returned back to normal but 2021 hasn’t started well. David, 51 and Lisa, 46 are parents to Joshua (8), Jake (13) and Bella (11). Josh misses his dad while Bella is angry at her dad and hasn’t seen him for 4 months. […]
Financial Mindfulness exclusive interview with Dr Ellen Langer – Part 2
Financial Mindfulness exclusive interview with Dr Ellen Langer – Part 2. We continue with our exclusive interview with the world-renowned Professor Ellen Langer. Part 1 can be found here Financial Mindfulness: So, what is the difference between mindfulness and positive thinking? Dr Langer: “Positive thinking says things are positive, by definition. Mindfulness says outcomes are […]
Financial Mindfulness exclusive interview with Dr Ellen Langer – Part 1
Financial Mindfulness exclusive interview with Dr Ellen Langer – Part 1. Financial Mindfulness had the good fortune in March 2021 to secure an exclusive interview with the world-renowned Professor Ellen Langer, the first woman ever tenured in psychology at Harvard University, in the United States. She has written over 200 research articles and six books […]
Mindfulness can help you get in control of your spending
Mindfulness can help you get in control of your spending. Why do we spend money to feel good now, even if it’s obviously going to have negative consequences at some point, such as damaging financial stress. And why do we seem to make better decisions if those decisions are planned and not impulsive? The answer […]
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 […]
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 […]