Mastering Money: Tips for Financial Health and Stress Management
Episode Overview
Understand the difference between 'purpose money' and 'performance money' Learn how bond market volatility affects your financial health Explore tax reduction strategies to save more money Discover tips for managing stress related to financial planning Find out how to set balanced, long-term goals for a happier life
There's a lie that we all tell ourselves: happiness can only come from achieving our goals and getting what we want
Steve Sexton dives into the nitty-gritty of money management in this episode of 'Saving with Steve'. From tax reduction to retirement planning, Steve covers it all. Joined by guest Mark Congdon, author of 'The Ideal Life', they explore the often overlooked bond market volatility and its impact on your financial health. Mark also shares valuable insights on handling stress and achieving long-term goals, especially for recent graduates stepping into the workforce.
If you've ever wondered how to have a healthier relationship with your money, this episode is packed with practical advice and real-life examples. Steve and Mark discuss the importance of differentiating between 'purpose money' and 'performance money', and how understanding this can help you manage financial stress better. They also touch on the psychological aspects of financial planning, emphasising the need for a balanced approach to achieving life goals.
With a blend of humour and expert advice, this episode is a must-listen for anyone looking to improve their financial well-being. Don't miss out on these valuable tips that could save you thousands and help you sleep better at night. Tune in to learn how to make your money work for you, not against you.