Listen to Mel and Darlene explore different professionals in the finance industry and unpack where financial wellbeing coaches fit, when you might engage one, and what exactly they can do for you.
They discuss financial planners and financial counsellors, and what the differences are between them, as well as money coaching and how financial wellbeing encompasses that but is far more holistic in its approach and outcomes.
Further examining the capability and resilience that form financial wellbeing, they touch on the concepts of scenario planning, the balance of power in relationships, and the fear emotion that so many people have around money.
This episode discusses what we’re teaching our children and modelling for them when it comes to money, and how our money story impacts them. As a very common thing we discuss in financial wellbeing coaching, the money relationship with children and young people is important, and understanding the balance between truly helping, versus creating the ‘I’m bad with money’ feeling or the weight of expectation.
This episode unpacks how everything we do and the conversations we have as parents forms part of our children’s personal money story and impacts their view and feelings about money with lasting effect. It highlights the importance of being real, honest, and open about money and how things work for your family.
Read MoreJoin a real conversation about financial wellbeing and the gender gap. Mel and Darlene discuss recent reporting on financial wellbeing for women and comment on the key statistics we need to know, highlighting it as an issue everyone can help make cultural change in. They go in depth on the biggest things impacting the financial wellbeing of women including the importance of workplaces, earning capacity, choices around personal careers, and juggling social expectations with independence and feeling equal about their contribution in the home and decision making.
Mel and Darlene raise some key questions for employers around women in their workplaces. They touch on the importance of independent financial resilience when it comes to relationship breakdown and being able to have choice in unforeseen circumstances.
This episode underscores the importance of understanding your own money story and how it impacts your expectations and experiences of money in your life now and into the future.
Get to know Mel and Darlene and understand more about their passion for financial wellbeing. You'll hear why they're talking about money, listen to their discussion on the importance of knowing your number, and introducing some key financial wellbeing concepts.
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