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Financial Freedom Manage Finances

Why 7 Minutes a Day Can Change Your Life

I have spent my career making educational content that explains concepts in financial services easier to understand and relate to.

Have I succeeded?

I have people who tell me their savings got them through COVID. I’ve had people say they got a financial adviser, or that they changed their super fund. What I have noticed, time and again, is that it’s not just one piece of advice that people need or find helpful. What seems to be useful is encouraging everyone to know more about money and how financial services work. Everyone learns at their own pace, in their own style.

Which is why I say, setting yourself a goal of 7 minutes a day to learn more about money, will pay off. It’s a realistic time goal, it can be done easily on your phone, and can be as simple as following some budget gurus on insta, or reading articles in the press.

The first step to making life changing financial decisions, is to make the decision to know more, so that you can make informed decisions, when you are ready. This doesn’t mean you don’t seek professional advice (in fact I have been a huge advocate for advice for many years.)

What it does mean, is you need the switch to come on inside you. The one that says, I really want to get my shit together, and change my life. It’s only then that the learning and development can really have an impact – because you are investing time and attention into it willingly.

And seven minutes a day is a great start.

So next time you find yourself scrolling through your social feeds,  google a term like investing, financial advice,superannuation,or any word you hear when people are talking about finance, that has traditionally made you tune out.

Go down the rabbit hole. Monitor where your skill level is at, and spend seven minutes increasing it.

If you are just starting to build your knowledge, books and newsletters like The Barefoot Investor are a great start at understanding savings, credit, planning for emergencies and investing.

If you want to know more about investing and super, then start with media publications. See who they are using as their experts in commentary. Then follow those people on social media. I promise you, it soon starts to become interesting, rather than a chore.

Learning more about money is one of those few topics that can actually have a positive direct affect on your life. Getting rid of financial stress by actually formulating a plan to change your situation over time is about living intentionally, and not just letting life “happen” to you.

With fires, pandemic,floods and more,there is so much beyond our control  in the world, that having some certainty around your own goals and plans, and enough knowledge to make the right decisions to get there, is one of the smartest decision you can make

So go ahead and invest in yourself.

Invest some time into more skills and knowledge. I promise that it will  benefit you and your family.

Until next time
Vanessa

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Financial Freedom

3 Stories to Empower

Have you heard that new research suggests that 30 per cent of girls show signs of disordered eating?

Can you honestly say you’ve never been critical about your own body or judged someone else on theirs?

It might have started with well meaning comments from your mum, who heard it from her mum, who heard it from hers.


Our connection of our self-worth to how our bodies look is so pervasive and ingrained. It’s  constantly reinforced by unrealistic body standards and diet culture, media, social media and each other that it’s hard to break the cycle.

Imagine if we shifted the focus to how we feel, rather than how we look.

If we stopped being hard on ourselves, counting calories, workouts and limitation, to being kind to and respecting our amazing bodies, tuning into them to understand what we need to be healthy and happy.

Lyndi Cohen’s life-changing new book is a brilliant place to start liberating ourselves from food guilt and self-blame.

A highly qualified nutritionist who has lived the experience of disordered eating, Lyndi is on a mission to call out the BS in the beauty and diet industries and provide evidence-based strategies and tools for an alternative way to live.

What we weigh is not who we are, and as Lyndi says, “trying to ‘fix’ your weight by focussing on weight loss is like putting a bandage on your pinky toe to cure a headache.”

Your Weight is Not The Problem gives us the beginning of an antidote to the steady diet of misinformation and misrepresentation we have all been fed, along with an alternative framework to nurture and nourish ourselves, beyond what we eat.

I was lucky enough to work with Lyndi when I was at Murdoch Books and am a huge fan of her work, her message and the way she delivers it in such a positive and accessible way.

If enough of us get behind Lyndi’s message and this book, it can change lives and the way we all live.

Even if you don’t think it directly affects you, the statistics tell us that there is a strong chance it’s affecting someone you love, you just may not be aware of it.

You can also catch more of Lyndi’s soothing common sense in her feed @thenudenutritionist, her website https://www.lyndicohen.com  or her podcast, No Wellness Wankery.

Head and Heart: The Art of Modern Leadership

I had the pleasure of working with leadership expert Kirstin Ferguson on her previous book, Women Kind, Unlocking the Power of Women Supporting Women, so have been waiting eagerly for her new book on leadership.

I’ve only just started and already know I’m going to love it. More to come on this in our next newsletter but I couldn’t wait to put it on your radar straight away.

If you read my recent article for Women’s Agenda you know how passionate I am about breaking down taboos and advocating for a human centred approach in the workplace.

Although perimenopause and menopause are starting to be talked about more openly, the 85% of people who experience symptoms remain undersupported, both in and out of the workplace.

This eye-opening podcast from Susan Dominus of The New York Times is compelling listening.

Trigger warning, I was yelling out loud with anger as I listened to it, but came away even more informed and determined to keep talking about an issue that affects at least half the population.

The Daily: The Sunday Read: ‘Women Have Been Misled About Menopause’ on Apple Podcasts

Or you can read the original article instead.

https://www.nytimes.com/2023/02/01/magazine/menopause-hot-flashes-hormone-therapy.html

Categories
Financial Freedom

What I Learned from The Walking Dead

I love a good story.

One that takes me to other places, that makes me laugh, cry or just relax. And it seems while I have arrived to the party pretty late, there’s one series that I can’t stop thinking about.

“The Walking Dead” has eleven seasons, so many of you may already have taken the ride years ago.

But in our household this show has become a real talking point because the moral dilemmas it presents are so closely aligned to the reality of our world.

The premise, for those of you who haven’t seen it, is that the human race becomes subjected to a virus that eats out the functioning brain. Those who catch the virus end up becoming part of a mindless horde of human zombies, intent on eating human flesh.

Sound gory? Believe me it is. This is definitely not a feel-good family show, so don’t watch it with anyone under 15.

But while the effects are realistic, to say the least, it is the human dynamic that I found most fascinating.

Survival quickly becomes the name of the game, as the world shifts from school drop offs, malls and life as we know it; to daily chaos, where basics like food and water are fought over by survivors, who quickly lose all the rules and consequences of society,  rapidly descending into dog eat dog (literally).

Of course, there are the bullies. The ones who gather around violent leaders and prey on the weak. But there are also characters who reflect the best of the human race. Rick Grimes, the central character, is a father, husband and small town local sheriff. He’s not perfect, but he has a strong sense of right and wrong, and quickly becomes a leader to a group of people that grows and suffers tragedy over a series of tumultuous, violent and emotional events.

There are strong female role models, unexpected anti-heroes, warriors and philosophers. Representing everything that is the best the human race has to offer, and much of the worst too as they are stripped of all the things we hold dear as a society.

No restaurants, no clothes shopping, no internet or hospitals.

While many lives are lost along the way, as the show develops, the script writers are able to show what a world is like when the currency is no longer money, but instead trading necessities needed to live this new life.

I love immersing myself in a series, and am guilty of “bingeing” a show. I know it’s good when the characters, and the dilemmas they are presented with, stay with me long after I have stopped watching. When I start to compare their situation to my own.

What would be important to know, or be able to do, if there was some kind of apocalyptic event? How would my family and I survive?

When I was watching The Walking Dead, all the things I was worrying about, or stressing over fell away.

The chores I had to do, the appointment I was late for. Would any of that shit matter if it was all about survival?

So what does matter?

It was quite clear on the show that what connected the characters were love, family, loyalty and friendship. That’s  the reason why the show has been so successful because these are the building blocks of happiness and humanity.

It’s the same in my own life. My family and friends bring the most happiness. My work is fulfilling my purpose and driving me to do my best to help make this world a better place.

Yes I have stresses, health challenges and all the difficult dynamics that go with families, but at the end of the day, I am extremely fortunate, and I am grateful every day.

What I do know is that all the things that matter don’t cost money. They are connections and attachments to people, to purpose, and to something greater.

But money allows us to make choices and have freedoms that without it, make our world smaller and tougher to navigate.

While we aren’t quite in the world of The Walking Dead today, we are in a tough environment where it has become more than obvious that the 30 years of economic growth we have enjoyed as a country are over.

There are limited resources, times are tougher and people are being forced into being much leaner.

In some ways, this can be a good thing. It can help us eliminate waste, running a tighter and more efficient household, and learning how to navigate tough times while teaching our kids at the same time.

Because we still have all the things that REALLY matter. Friends, family, work and the beauty of the world around us.

I say this because I know many of us regret not saving more when times are good, or stockpiling like the folk in The Walking Dead. But living with regrets is unproductive and a waste of time. We can only take the lessons from them and apply them to what’s happening right now.

So maybe it’s time to do a ground zero assessment of your life.

  • What can you do without?
  • What can you change that takes financial pressure off the table?
  • Is it where you live? The cost of your mortgage? School fees?

Whatever is happening for you, start imagining what you could live without. You’ll be surprised how much easier it can become over time when you adopt this mindset, to minimise spending in your life. The leaner you can operate, the less stressful life can be.

I have moved on to another series now, but I won’t easily forget the lessons I learned from The Walking Dead.

When it comes down to it, valuing what we have in our lives already, and appreciating the things that really bring us joy, can make life a whole lot happier. And being thoughtful and frugal with money choices is a smart way to live.

Because peace of mind is a valuable commodity.