Why does your money story even matter? If you are trying to change the way you behave with money, why bother looking into your past? Because to deal with money well, you need to know what goes in the background of your mind. Often an echo of a memory can pop up – sometimes at the oddest times – with an unhelpful effect on your money habits.
In money coaching we talk a lot about taking agency and responsibility for your own money matters. But what happens if someone is controlling you by controlling your access to money? Financial abuse is a lesser known form of abuse which can take place in intimate relationships, in exploitation of older or more vulnerable people – and can happen to people of any gender in any form of relationship.
Thanks to @bhavesh1024 for this excellent question. When everyone around you is panicking about market downturns and recession on the horizon, how can you avoid the crazy sell off? And importantly, how do you ensure that those around you make good decisions as well? These are chaotic times and – no matter what experience you…
When clients come to me for negotiation skills coaching, many struggle to separate negotiation from ideas of fighting, argument and conflict. The core of this is that many people – especially women – see negotiations as risky situations threatening their relationships. When you need to negotiate with your partner or employer – you may worry that asking for more could undermine your relationship.
In traditional economics, you are told that humans basically make financial decisions like robots. I sat through lecture after lecture being told to make decisions in my own self interest – and frankly, I struggled with that idea. Because my self interest was not just about getting the best price, or the ‘highest economic value’. That doesn’t work for humans in reality.
When you have to sit down and explain money issues to a 5 year old, sometimes what they say back to you will change the way you think, completely. This is how listening to Hamilton led to a complete change in view about taxation.
Ahhhh, the second week in January. How we love to hate thee. The Christmas decorations have been taken down, the hangovers have cleared (except for that one still on the credit card), and we are getting back to the work and university grind. Those shiny new years resolutions are in the recycling bin, ready to…
Marketers are desperate to part you from your money this Christmas – and after the 2020 effect on sales, they are going to do whatever they can to get your cash. But once you know what to look out for, and what to consider – you will be far less likely to be sucked in.