Conspicuous spending or Keeping up with the Joneses and using money as a status symbol, used to be thought of as the prerogative of the rich and famous. Well not anymore.
Why do we feel the need to be keeping up with the Joneses? We see it frequently with clients, “We couldn’t possibly cancel the holiday, it simply wouldn’t look good.”
So what! What is more important looking good or staying afloat financially? Well, it seems for many people, it is looking good in the eyes of others. Continue reading
It’s your first date, you have had a lovely meal and the bill arrives. What happens next?
According to a survey by Nerdwallet in 2014 (1,000 respondents in the USA who are in a relationship) 77.4% believe that the man should pick up the tab. It looks as though traditional gender roles when it comes to money are alive.
Both men and women think this, but men are a little more likely to think this way. Continue reading
“l’ll be happy when I get the pay rise” or “I’ll be happy when I get a ………” Just insert whatever the word is for you.
Why do so many of us wait to be happy? What is wrong with being happy right now? And, why do we look to money to make us happy? Continue reading
Happy New Year! We hope that you have had a fantastic time over the Christmas/New Year period and enjoyed a least a few days off.
It’s (late) January, a time for reflection about last year and looking ahead at self-improvement for this year. Once you have worked through the diet and exercise goals (they always seem to be fairly near the top of my list), there’s the money planning for the year.
Here are the Three Critical Rules of Money Management that you need to incorporate into your planning.
Typically in our society wealth is equated with how much money we have. Wealth can mean different things to different people and what it means to you comes down to your core values.
As a money mentor I love to listen and learn from as many different experts and differing perspectives about money as I can. So it was with eager anticipation that I attended Dr John Demartini’s recent talk on wealth in Auckland.
I wasn’t disappointed, it was fascinating. I could really relate to what he was saying. It isn’t just about changing your money behaviours, you need to go much deeper than that and explore your beliefs and core values.
When you ask a room full of people how many of them want to be financially free most of the room put their hand up. When you ask the same room to put their hand up if they are financially free, very few do. Why is this? Continue reading
Why? Because of the emotions and meanings we attach to money.
Money is still a Taboo subject. In 1913 Sigmund Freud wrote, “money questions will be treated by cultured people in the same manner as sexual matters, with the same inconsistency, prudishness and hypocrisy.”
I think his observation is still applicable today. Look at this NY Times article
Lynda Moore http://www.mymoneyseeker.com