Rich and Grumpy

rich and grumpy

There is nothing better than having a break away and getting away for a few days.  Leaving behind all the chores, taking time out from the business and instead seeing new places – or sometimes returning to our favourites.  Taking time out is something we really look forward to.

We know not everything is going to go 100% smoothly, life isn’t going to be perfect.  But when you are on holiday/vacation, that is when you are a little more tolerant and make the most of the things that go really well. Continue reading

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Money Worries and Your Intelligence

money worriesWe know that when we have money worries, they can seem all consuming.  If we go to bed worrying about money, when we wake up the next morning and it’s the first thing that pops into our head.

So, it would seem logical that when we’re in this all-consuming money worries state that we find it hard to focus on other things.  And more importantly, we find it hard to make sound rational decisions about anything (not just money). Continue reading

The Other Side of Financial Infidelity

financial infidelity

We’ve read the stories in the media about financial infidelity where one partner has run off with the couple’s life savings, or has mortgaged the house without their partner’s knowledge to pay a tax bill.  That is, until the bailiff comes knocking.

The other week, calls to a morning radio show around financial infidelity were hilarious – you had to laugh otherwise you would have cried! Continue reading

Teens and Money – Part 1

teenagers and money

Teens and Money is a biggie so we’ve split it into two parts.  Here, we look at Responsibility, Accountability and Consequences.

When it comes to teaching your teens about money, you are going to be starting from one of two places.

The first is that you have been teaching your children about money from an early age, so they already have a good grounding in the value of money.  Continue reading

Financial Abuse

financial abuse

When we think of financial abuse the picture that pops into your mind is probably the same as mine; the elderly person with over aggressive family members (or carers) forcing them to hand over their savings and leaving them with nothing.

This does happen, unfortunately it features in the media all too often.  But there is also another, maybe even darker type of financial abuse happening and that’s to intelligent women (~70% of financial abuse cases are women).   They are left with nothing because their partners have financially abused them and left. Continue reading

Money, Behaviours and Beliefs

If you aren’t getting the results you want in an area of your life, take a look at your behaviours.  Are they helping you or hindering you?  If you are up for the challenge take a step further back and examine the underlying belief that is generating the behaviour.

If you really want to make changes in your life, this is a very important equation to learn and more importantly, to implement.

Beliefs drive Behaviours.  Behaviours drive Results.

??????????My clients challenge me on this and ask, “Why should I examine my beliefs? I just want to spend less/save more.”

A belief is an assumed truth that we then make our reality; our beliefs become self fulfilling prophecies. So if life is going well for us then our beliefs are working and we don’t need or want to examine them; we may not even be aware of what the underlying belief is.

Let’s look at an example. I have a belief that exercise is good for me.  So even though it occasionally causes me physical pain (particularly after a personal training session),  I don’t question or challenge my belief because I know I have more energy on the days that I exercise and I know my health is much better than my pre-exercise days.  My belief is working for me. Continue reading

Money Beliefs, where do they come from?

Our beliefs, or our view of the world starts with our early childhood memories.  We learn from our parents, our environment and form our own beliefs from those observations.  So what are your earliest memory’s of money? How do you think that has impacted on how you relate to money now in your adult life?

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My earliest memories of money revolve around the word ‘No’.  No I couldn’t have the umbrella with the pink frill; the must have winter fashion accessory for a 4 year old.  No, I couldn’t have a Barbie doll, they were too expensive, so I got the imitation one instead.

My parents were (and still are) very careful with their money, they were quite frugal in day to day expenditure but that meant that there was money set aside for our holidays and should any emergency crop up.

Their goal was to be mortgage free, as they hated any sort of debt and over the years they achieved that goal.

Continue reading