Working Women's Wealth Podcast

Have you started another year with less money than you need to make ends meet? Between Christmas, summer vacation and the start of the new school year (in the Southern Hemisphere), January can be wildly expensive. And with money being one of the top causes of stress in the world today, getting it under control should be a priority. It can feel easier to bury your head in the sand when things feel hard, but in the long run it just makes the problem worse. So chin-up, listen to this week's episode and get your head around the first steps required to getting your money under control.

How much of what you earn do you give away? And whilst giving (or tithing) isn't optional, (in the flawed and poverty-stricken world that we live in), many questions arise on the actual logistics of giving. With a complex topic like giving money, there is no right or wrong answer, there is only personal opinion. In today's episode are the guidelines that I give on the subject. Most importantly though, it all comes down to the main core principle - the motivation of your heart...

So you've given in to the nagging voice in your head that says you need a will (because you need a will), now what? Because it's so important that you put the effort and research in to create a will, this weeks episode is all about the structure of a will, and what needs to be included to make it a GOOD one.

Do you have a will? If not, that's the first mistake to remedy...   Listen to this week's episode to find out the most common mistakes made when drawing up a will, and at least ONE of the reasons why it is SO important that you have one.

Are you able to choose what you do with your time? If you work, where you work, when you work, with whom you work? Financial freedom gives you those choices. In today's episode I talk about the three things you CAN do to grow your wealth and get financially free!

Have you been saving 20% of your earnings every month to go toward your future investments and retirement? Like most of us, probably not. And also like most of us, you KNOW that you need to invest more... But how? Using theories of behavioural finance, in today's episode I offer some practical tools that you can use to save for tomorrow, tomorrow.

Do you settle for OK rather than rock the boat and make the hard decisions that could change your life? An easier course of action may seem painless in the short term, but hard choices lead to an easy life, whilst easy choices on the other hand... But what if you weren’t afraid? Or despite the fact that you were afraid, you knew that you could handle whatever came your way?  Because you can. Make the hard choices and turn OK into GREAT! Great health, great wealth, great happiness, and great work.

Have you (like me) cried, ‘Enough Now!’ at the seemingly constant onslaught of hard and heavy things that life has been throwing at you? Then it may be time to change the season in your life. As the bleakness of winter melts into an ever-hopeful spring, there are some things you need to KNOW, to SENSE, and to DO if you want to make the transition of the metaphorical seasons of your life smoother and more seamless. In this 200th episode of the Working Women’s Wealth podcast, I’d like to say a GIANT thank you to all of you who have been walking this journey alongside me... Thank you for joining me for 200 episodes.  I am humbled that people still listen!  

Do you catch yourself telling your children the same disempowering statements about money that your parents taught (or modelled for) you? Then it might be time to reframe your money beliefs. In our house, we talk in the currency of ‘worth it’, and the girls understood this concept from a young age. Money is finite and you can’t have everything you want. But what you can have is everything that’s WORTH IT. In today’s episode I talk about HOW to reframe your money beliefs, so that you can live now AND invest for your future freedom.

When it comes to your money, do you have a plan? Or are you just hoping for the best? Here’s how you CAN set yourself up for financial success... In today’s episode are the five P’s of a Money Management System that make it doable. Getting a grip on your day-to-day money is the first step towards changing your financial future. Tomorrow night, Thursday 26 August, I’m holding a LIVE workshop where you can join me and I’ll go through what exactly you need to implement to make it happen for YOU. Sign up at teachyourselfwealth.com, and spend two hours getting your money sorted.

Are you consistently weighed down by guilty thoughts and ‘shoulds’ around money? You can budget yourself into a coma, OR you can follow this hassle-free system of money management that I’ve spent years simplifying for myself. Whilst there’s a time and place to track every single cent that goes out, when it comes to managing your day-to-day money, it needn’t be overcomplicated.  I’ve just finished preparing a quick 2 hour workshop to help you sort out your everyday money, and it launches next week.  But in the interim, here are 5 easy steps you need to make sure you put into place to manage your money...

What brings you joy? If life has knocked you sideways and joy feels JUST out of reach, these Five Signposts to Joy and Purpose may help you find the direction you need to travel. The biggest opportunity to feel joy is to live in congruence with your purpose and your values, and becoming clear on the things you need to include more of in your life going forward, (and what you actively need to do to put boundaries of ‘no’ in place) will help you to make the space and time to do what brings you joy. I hope this will help you find joy when life knocks you sideways.

Debating whether to invest offshore? There are pro’s and con’s of investing offshore so whether you choose to or not, make the decision consciously KNOWING both. More than 90% of the success of building wealth and investing is to do with managing emotions, so when it comes to investing it’s important to put strategies and people in place to prevent us from making big mistakes and not sticking with our plan. And we can only put those in place for things we’re aware of… In today’s episode is a strategy that I want to make you aware of when making your investment plan. You always need to go into anything with your eyes wide open.

Are you a creative who was sold the myth of the starving artist? I’m here to tell you that the creatives are the future. But you need to understand ‘the rules’ for building wealth. There is a reason the demand for creatives is rising massively, and you CAN make money from your craft! In today’s episode I’ll introduce you to the Four Income Streams that will enable you to work on your passion and become financially independent. Understanding the four streams of income will help you understand how you can do the AND… make money now and save to be financially independent, AND do what you love. Things are only going to get better for creatives. Much better.

Has the chaos of the world around you driven you into survival mode? Here are some reflections from inside a riot zone that may come in handy… It’s like Maslow says, when your survival (but more importantly the survival of your children) is under threat, everything else disappears. And it’s true, amidst the sound of gunshots, the implementation of war time safety measures and worrying about how I was going to feed my children, following dreams was about as far from my radar as flying to the moon. If you are ever in a position of ongoing threat, the reflections in this week’s episode are tools that you can use to create emotional space, as well as some tips on how to support others who may be going through a tough time. Stay safe this week, hug your children, and every time you pour milk or eat bread and vegetables, give thanks for how unbelievably lucky you are.

Ready to start investing? But you’re wondering ‘Should I invest in property?’ Here’s the recipe that I’d advise my children to follow... I wish I’d listened to this interview in my 20's as my path would have been a lot clearer, and I probably would have a lot more money! You see, there is a way to convert those early years from being the survival times where you can’t afford to pay rent AND invest, to being an investment time. Listen to today’s episode to find out how.

Have you noticed that when unexpected expenses occur, they usually come in threes? That’s only ONE of the reasons why everyone should have an emergency fund! A crucial element of financial freedom, an emergency fund can prevent you going into debt, and in this weeks episode I go into detail about WHY it’s so important, and I tackle some of the questions that arise when the subject does. So start today, save a little bit each month towards it. Pay your future self first, and when an ‘unexpected’ expense happens, you will have that money available to use as you need.

What did you buy when you last blew your budget? If you’re looking for the motivation to stick to it, then the F*ck It Fund is your secret weapon. In today’s episode you’ll find tools to help you build a budget, as well as stick to it, so that you can have the money that enables you to CHOOSE – IF you want to work, where you work, and when, so that you can follow your dreams.

Are you an aspiring entrepreneur planning to start your own business? Then a book detailing 12 critical lessons on entrepreneurship could be a great place to start! Mind Your Own Business, written by Nevi Letcher, is the ultimate business handbook. In today’s episode I chat to Nevi about some of the lessons mentioned in the book, her biggest money learning, and the things the COVID has taught her.

In your quest to living your Best Life, are you struggling to build good habits? Then let me introduce you to your new best friend - Temptation Bundling! Using the brain science of habits to explain how (and WHY) it works, in today’s episode I’ll tell you all about the genius of temptation bundling. Whether in relation to your health, your relationships or your money, when you’re needing to come up with the motivation to do something all by yourself, it's a game changer.