How to improve the level of financial wellbeing in our society.
How to communicate around money. Money is an emotive subject. Most people struggle to talk about money – whether it’s their salary or how money makes them feel.
What should I be doing? In the last article we looked at ways to create a psychological gap so we could stop our higher brain being swamped by the emotions from our lower brain.
Managing Money Anxiety. In the last article we looked at the how the brain reacts to threats. Our ancient ‘fight or flight’ response evolved to keep us safe in situations of extreme danger.
What is anxiety for? Why am I anxious? Levels of anxiety have never been higher. Billions of people are struggling to cope with economic uncertainty while also worrying about their health and that of their children and vulnerable relatives.
How to get better at managing your finances. Money doesn’t come with instructions and, for most people, managing their finances is something they have never been shown how to do.
60% of people in the UK don’t have a will. This means that if they die, the state will determine how their money and assets will be split up among the family.This is not what most people would want, yet the 60% finding is consistent over time. Why should this be?
Very early in life, children begin to internalize messages about money’s purpose – how it works, what it promises, its overall significance. These messages come from parents and the wider cultural environment. Sometimes they are specific message about money, usually delivered in the form of a saying – money doesn’t grow on trees – or [...]