I was recently interviewed by Chrissie Wood from the fabulous website Split The Bills which has a service which literally helps you split the bills when you live with a group of people – takes away the money stress when one person doesn’t pay or you are the one who’s always taking responsibility!  Or maybe you have a young adult in your life who recently moved in with others?  Then this website is for them.

They have useful articles on ALL things money that affect the younger generation.  I’m 42 so I guess I get to say that now!

Two wealth experts and I were posed questions that would interest Millennials such as should you save for a house? How do you balance fun and saving? Is it impossible to live in anything but the now and gin?

Find out the answers over at Split The Bills.

In a recent survey, 94% of respondents said they knew they had become an adult once they had confronted their own mortality.

If you’ve been feeling that you are being less than grown up around your money, then looking at the financial situation around your demise could be the jolt you need to fast forward your financial freedom plans!

I know, I know it’s not the jolliest of topics but let’s bear in mind the good old Dr Stephen Covey habit “Begin with the end in mind”!

In the recording below I’m being interviewed below by Ade Oduyemi from Maximum Inheritance Specialists about the money mindset you need to ensure you get your financial freedom sooner rather than later.

Check out the interview below if you want to press play on your financial future.

Includes:

2.20 Why we need balance and focus

4.50 How to achieve money confidence

8.00 Ditching the budget plan

9.10 How to achieve REAL financial freedom and build wealth

12.05 How to increase your income

14.00 The value of money

18.22 The influence of your money story on financial freedom

26.00 What does retirement mean?

30.10  Influence of pocket money

36.00 The ultimate luxury

42.00 And if I were Queen for a day…..

Do enjoy!

 

 

 

I’m just going to jump ( well clamber up it feels more like nowadays!) onto my soapbox a minute here.

I’m come out first and say I’m not a bra-burning feminist but I do think that women have a unique set of challenges when it comes to money and money mindset.  (and sure as eggs men have their own particular hang-ups too, but that’s for another day).

So what’s on my soapbox, on my wick today..   It’s THIS.  The air freshener, the chocolate bar, the tampons… we as women have had years of not being encouraged to step up into our true financial power.  One of my money mentors Denise Duffield Thomas couldn’t explain it better than in this video…

I give you permission today to really think about what it is that you truly want in your life.  I mean really, really.  No fluffing around here, let’s get it out on the table (or into your fave notebook/journal for this kind of thing) and put it all down.

Now, this doesn’t have to be the stereotypical Rolls Royce and Champagne list, it is whatever makes your life first class for you.   And that is unique to everyone.

Start with thinking about your home, your environment, your clothes, your self-care, your personal development, your business, your time, your relationships, your family.

Pick ONE thing to upgrade right now.   Go do it!

If you are ready to uplevel your income and redefine what your first class life means to you then grab my daily checklist to upgrading your life and bank balance right here.

 

 

There she is laying on the floor again.  At least she has learned through trial and error to fling herself in a certain way so her head doesn’t bounce on the floor now – style and effect are high on the list of my daughter’s tantrum performances….

Sound familiar? Whatever age your children are I’m sure they have they own style of getting annoyed, showing frustrations, and sometimes just being downright unreasonable!  When this is linked to money, it can be an even bigger source of conflict between you and them, for it’s never just about the money is it?

Sometimes they become ongoing arguments, which neither of you seems to be able to move on from, they feel like they are still brewing, ready to boil over at any moment.

You want to give them control but on the other hand find their impulsiveness frustrating, even downright scary sometimes.

You feel the conflict in your heart.

You & I know we are all doing the best we can but really like me, I’m sure you wish kids came with a manual!

The Way You Do Money

The way you “do” money in your household can give you all that sanity break you’ve been looking for. It doesn’t matter if your child is 2 or going on 22 then learning about money in a positive way has effects way beyond knowing that 100 pennies make a pound.

In a recent poll I held on LinkedIn I asked what age people started giving pocket money and it ranged from 2 to latter Secondary School.  There was a particularly lovely story about giving up dummies in exchange for a train set from one lady, that shows you are never too young to start seeing the comparative value of things.

I’d like to give you the confidence to use pocket money as the fantastic learning tool it can be.  A tool to give independence, curiosity, and value to both you and your child or teenager.   There’s a number of techniques that Parenting Success Coach, Louise Hoffman Brooks shares that do just that.  For that’s what we all want isn’t it for our kids for them to grow up with a good sense of money behind them?

Here are some questions to get you started thinking…

• Do you think its never too young to start bringing in some money concepts?
• What age would you start pocket money?
• Would you put any constrictions on how the money was spent?
• Or what about no pocket money at all and just buying things or giving money as needed?

What about your money story?

Often times though we can also get tripped up by our own money stories, those past down to us like the fables of our ancestors, almost written in stone.  Money doesn’t grow on trees you know, no we can’t afford that, a penny saved is a penny earned, you can’t take it with you, the best things in life are free….   All these sayings and ways your parents and wider social aspects were with money have rubbed off on you and can be influencing the way you and your children do money both now and in later life.  Some of these are subconscious and unknown to us but block us receiving money well. It pays to check that you are operating from the best place when it comes to money too.

Check out this FB LIVE for the 3 surprising questions you can ask about pocket money.

 

What do you want for your children?

To understand money?  Do you want them to feel beholden by it?  Or scared of it?  Or working to the bone for the last penny? To think about money differently to you?

Or to be comfortable at attracting it in and spending and saving it wisely?

The Secrets of Sucess With Pocket Money Workshop

If you do then join us for a 2-hour workshop where we uncover the secrets to success with pocket money.  Run jointly by myself, your Money Mindset Coach and Louise Hoffman Brooks, Parenting Success Coach we will give you all the tools you need to make pocket money a smooth sailing experience.  Whether you have yet to start or are in the midst of giving pocket money already then this is for you.

Register now for the IN-PERSON workshop in Addlestone, Surrey on 29th June OR if you are not local, or it’s more convenient, register your interest for the VIRTUAL workshop, date to be confirmed.