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 […]
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 […]
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 […]
The 10 biggest barriers to peace of mind in 2021
Call it what you will, peace of mind, inner peace, sanity, contentment, serenity – that feeling of freedom from when your brain just won’t shut up and in bad moments you feel only marginally less negative about the world and others than you do about yourself. In a world full of fear about the pandemic, […]
Six great New Year’s Resolutions to improve your finances in 2021
Six great New Year’s Resolutions to improve your finances in 2021. These days we know there is a correlation between our financial wellbeing and our general wellbeing. We know that toxic levels of financial stress impacts us in many different ways, it affects our relationships, our self-esteem, our social life, our productivity at work, even […]
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 […]
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 […]