Money is more than just a tool for transactions; it’s an emotional force intertwined with our identities, values, and sense of self-worth. Our money story is a tapestry of beliefs and experiences that shape our financial behaviours and attitudes. By exploring different elements of our money story, we can better understand our emotional connection to finances and work towards a healthier relationship with money. Financial Role Models: Our money story is greatly influenced by the role […]
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Investing with Heart and Mind
Embarking on and sticking to your investment journey requires a solid understanding of financial principles and an appreciation for the emotional roller coaster that comes with it. Asset allocation, a crucial component of investing, is about striking the right balance between risk and reward to achieve your financial goals. As you consider different allocations, it’s essential to recognise the emotional implications of your choices, allowing you to make informed decisions that align with your unique risk […]
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Time to think about money – Part 1
Discussing finances can be a daunting task, especially when emotions run high. It’s important to remember that there’s a human element behind every financial decision – our dreams, fears, and values. Nancy Kline is an American-born author, business consultant, and personal development coach. She is best known for her Time to Think methodology, which emphasises the importance of creating a thinking environment that promotes independent thinking, deep reflection, and transformative change. By incorporating Nancy Kline’s Time […]
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Empathy vs Codependency
In lifestyle financial planning, striking the right balance between empathy and codependency is essential to building healthy relationships while maintaining personal well-being. A recent tweet by Dr Nicole LePera (@Theholisticpsyc) highlighted the differences between empathy and codependency. Empathy means understanding a person’s feelings and being able to put ourselves in their shoes. In the context of financial planning, empathy allows us to be aware of and attuned to the emotions and perspectives of others. By actively […]
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A miss is as good as a mile
Our mindset is crucial to our financial success. Dealing with our money can quickly become an obsessive task; either focusing solely on the amount we’re lacking or missing, or becoming obsessed with saving and storing up, we can sometimes do more harm than good. This is why mindset plays a significant role in how we approach financial planning. Whilst a miss is as good as a mile, at the same time, too much of a good […]
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Create a life of your own design
Personal financial planning has become critical in shaping our lives and determining our future. However, many of us need help to make the right decisions and achieve our financial goals. The key to overcoming these challenges lies in harnessing and leveraging our strengths to create a life of our own design. By understanding and embracing our strengths, we can replace apathy with passion and ambivalence with engagement, ultimately shaping a more authentic and fulfilling financial future. […]
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Why character matters
One of the reasons why so many people chase riches, relationships and reputation to define their value is that they haven’t been coached to understand that they can build a life of worth, value and meaning without relying on other people, positions or possessions to define them. If we want to know how we add value to the world, we need to know what our values are. Discovering our character strengths is a building block of […]
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Financing a life you love
When it comes to financial planning, many believe that the ultimate goal is accumulating as much money as possible. However, this approach may only sometimes lead to a fulfilling lifestyle. Instead, it’s important to consider what kind of life you want and then create a financial plan that allows you to achieve that lifestyle. As Chris Brogan said, “The goal isn’t more money. The goal is living life on your terms.” This means that financial planning […]
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Inbox zero = energy zero
For years there have been copious books, blogs and articles written on healthy time and energy management, and in today’s digital environment, it’s even more essential for success. Experts suggest a shift in how we approach our daily routines, starting with our emails and social media notifications. While our email inbox or WhatsApp notifications may seem like the most urgent priority, it can often lead to “energy zero” if we are not careful. After running a […]
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Stay motivated and committed to change
Staying motivated to change can be a challenge! It’s too easy to fall into old patterns and habits. It can be difficult to remain committed to change because change can be a complex process that requires effort, discipline, and perseverance. Sometimes, people need more motivation to change, and with a clear and compelling reason, it can be easier to stay committed. Negative self-talk, such as negative thoughts and self-doubt, can erode commitment and motivation. Some of […]
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