Making Money Resolutions

The Swan Effect - Creating and Sustaining Your Financial Wellbeing

A range of topics are covered including:

• Explaining what a money resolution is and how high up the list of normal resolutions should they need to be
• Having the right mindset if you want to achieve your money goals
• Why it is important to set realistic goals to align with your financial wellbeing
• The significance of including insurance, medical aid, and retirement in your money goals
• Why financial wellness in vital as we are faced with the impacts of the Covid-19 pandemic and the importance of having an emergency fund
• Managing your debt and ensuring you have a good credit score
• Identifying your spending leaks
• Making budgeting simpler

We would love to hear your views on money resolutions based on the themes covered in this episode. Please feel free to rate, write a review, and share with others.

#TheSwanEffect #FinancialWellbieng #WomenInFinance #MoneyResolutions #Financialwellness

Chapters

1. Introduction - About Arthi Rabikrisson and Lucille Sikosana (00:00:00)

2. Making resolutions in a brand new year (00:01:24)

3. What is a money resolution (00:02:09)

4. Arthi talks about having a map in place to take you where you want to go (00:03:52)

5. Lucille recommends writing down your resolutions to bring them to life (00:04:56)

6. Taking control of your financial situation (00:05:55)

7. Arthi talks about why it is important to have a positive mindset about money (00:07:21)

8. Setting SMART goals one goal at a time (00:11:41)

9. Creating accountability when it comes to money goals (00:15:29)

10. Including insurance, medical aid and retirement into your money goals (00:16:41)

11. Lucille and Arthi share their parents’ retirement stories (00:17:42)

12. Creating follow up flags to make sure you are still on track with your goals (00:19:57)

13. There is no need to go at it alone, partner with someone (00:22:58)

14. Making smart choices on when and how to use debt (00:25:59)

15. Lucille shares insights and techniques on how to start budgeting (00:33:29)

16. Rewarding yourself with small treats as you reach milestones (00:37:49)

17. Having a solid financial plan allows you to sleep better at night (00:38:30)

18. Having an emergency fund for those rainy days (00:40:36)

19. Spending leaks and working towards breaking those habits (00:45:04)

20. Thank you to our listeners (00:47:16)

21. Look out for our next episode on Savings and Investments (00:47:21)

22. Swanning out for now! (00:47:59)