Posts tagged money personality
Season 2 Episode 7: Money and Narcissism

Mel and Darlene start by reflecting on the cathartic nature of discussing their personal financial journeys and how listening back to their own discussions feels like getting sage advice from a friend.

In this episode we explore the challenges of dealing with increasing health insurance premiums and the decisions about coverage and excess. Mel talks about feeling of having control over your budget, even while planning a much-needed holiday and juggling medical expenses.

In the heart of this episode we tackle the topic of narcissism and its impact on financial decisions and relationships. We delve into how narcissism can manifest in financial power dynamics, both in personal relationships and in professional settings like the finance industry. Learn how to recognize and respond to manipulative behaviour, educate yourself to make informed decisions, and maintain your self-worth in the face of financial narcissism.

Mel and Darlene share their passion for discussing financial challenges openly, and recognising and responding to ego-centred financial interactions, and empowering yourself by education and informed decision-making. One of the key points is knowing when to move away from an unbalanced financial interaction.

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Season 2 Episode 6: It is not what you earn

Mel and Darlene share candid insights on navigating work you're not passionate about and preparing for the emotional journey when parents retire. They discuss the unconscious biases and judgments people face about money, regardless of gender or income. They emphasize the tendency to match spending to income and lifestyle, even among higher earners, and the importance of managing social expectations and being open about financial challenges. The hosts also touch on the pressure of being a breadwinner and the toll of maintaining appearances. They stress the significance of recognizing personal biases and having honest conversations about money, and offer insights on selling and buying homes, including tips on communication and what to include on offer clauses.

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Season 2 Episode 4: Financial Hardship

Mel and Darlene discuss setting goals with your partner, paying children for chores, and the taboo topic of financial hardship. They provide strategies for managing financial challenges and stress the importance of assessing your financial standing, educating yourself, and building a support network. The hosts also address organizing bank accounts after purchasing a home, emphasizing aligning your setup with your money management style and automating your finances.

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Season 2 Episode 3: First Nations Financial Wellbeing with Larisha Jerome

In this episode Mel and Darlene discuss spending and pocket money within the context of helping their children become financially independent.

Larisha Jerome, a proud Jarowair, Wakka Wakka, and Wulli Wulli woman, Manager of Women's Economic Empowerment & Business Education at First Nations Foundation, joins as a special guest. She discusses her journey from a disadvantaged childhood to her current roles, highlighting the importance of education and financial empowerment. Larisha explores cultural and generational disadvantages faced by Indigenous communities and aims to make finance fun for younger people through approaches like vision boards. She emphasizes learning from different cultures and will be giving a TEDx Talk on decolonizing Western money concepts. Mel and Larisha both stress the importance of genuine, transparent money discussions.

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Season 1 Episode 5: Money personalities and how they influence our relationships

Have you ever wondered why you make certain financial decisions, while others seem to have completely different approaches? Listen as Mel and Darlene unpack each unique money personality, looking at their inherent strengths and weaknesses and their hallmark traits. They discuss how being aware of your money personality and seeking support when needed can bring balance and confidence to your financial choices.

They discuss how the money personality quiz can be used to gain deeper insights into the "why" behind your impulsive responses when it comes to money, and can help you recognise opportunities for uplifting your financial wellbeing.
They dive deep into relationships and discuss the need for understanding your partner on a financial level. At the beginning in ‘Our Truth’ the topic of parents giving pocket money is raised, and the episode ends with an in-depth talk about ‘mortgage prisoners’ being people stuck in certain home loan situations and what some possible options are to change their situation.

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