If you happen to have cash in your wallet right now, take out a note and have a look at it. It’s just a piece of paper. It has a picture of someone famous on it, a few words and a number. That’s what money is.
In real terms, it is a medium of exchange created because bartering got a bit tricky, e.g. how do you value your cow when you want to swop it for a sack of grain. But, as you will see, not all dollars are equal!
Sounds all very rational doesn’t it and it kept the economists happy. But the economists forgot a very important point. We aren’t rational! So, when we see the piece of paper with pictures and numbers on it, we see a lot more than a symbol to buy stuff. We see all sorts of emotions and meanings and it’s different for men & women. Continue reading →
Your ‘money personality’ is a behavioural pattern relating to your spending and saving. In a relationship it may appear your Money Personalities clash. By understanding how opposing types can be complementary in a relationship, you will become a stronger team.
Your Money Personality is rarely just the one type. The large majority of us are a blend of two and sometimes three.
At different times in your life and depending on circumstances, you will very likely see more than one money personality type in yourself and that’s quite natural. As a result, you’ll probably see a cross over between these – in other words, you can show parts of more than one money personality at the same time. Continue reading →
All our decisions are governed by emotions. Food is a classic example, when we see that sandwich or the chocolate cake or the donuts, we can taste it. Our emotions have told us.
Money is another classic example. If we are happy, sad, stressed or angry, it is very easy to take the credit card for an outing to make ourselves feel better. If you use money in this way, that is what your children will also learn.
Funny how songs have a habit of popping into our heads. I was wondering why this song – You Don’t Bring Me Flowers popped into my head this morning as I was walking from the train to the office.
A lot of our week has been meeting with women in business. They’re busy building their businesses, looking after their children and their homes. Then at the end of the day, they are just too tired to relax and enjoy the time they have with their partners. Continue reading →
What do I mean when I say you need to know your numbers? Let me explain.
You pull out your favourite pair of jeans that you haven’t worn for a while and you can’t quite get the zip up. No, they haven’t shrunk, you have expanded (put on weight…). So you decide to do something about it.
What’s holding you back from achieving your financial dreams – your Financial Freedom? Do you even know? Well, it is time to find out and to do something about it.
What I would like you to do is to write down (has to be on paper, not computer) a list of 20 things that are holding you back from achieving financial freedom.
Once you have done that, take a break, have a coffee/juice/water and walk around the block, or whatever it is you do to clear your head. Then come back and have another look at the list. Continue reading →