Wise Monkey Financial Coaching
The end of the tax year is fast approaching. There’s some last minute planning you can do to make full use of your allowances. If you haven’t yet used up your Cash ISA allowance, and want to do so before the tax year end this week, watch this video to find out how…
I’ve found myself mentioning Maria Nemeth’s work quite a bit to clients recently. She wrote a compassionate and empowering book in 1997 called ‘The Energy of Money’ and she talks about success being ‘doing what you say you’re going to do in life, with clarity, ease, focus, and grace’.
The same goes for financial success. In other words, it’s not about how much money you have in the bank, or invested in property, pensions and ISAs. Or anything to do with where you go on holiday, whether your kids are privately educated and whether or not you can afford a cleaner or shop in Waitrose. It’s about moment by moment decisions where you do what you said you were going to do with money, with clarity, focus, ease and grace.
Suddenly it’s December again and Christmas is coming hurtling towards us in a blur of sparkly lights and parties and last minute shopping, making excessive demands on our budgets. That’s how it often feels – to have come suddenly at us, even though December follows November each and every year.
One of my clients, Anna, is taking Advanced Driving lessons and her instructor had said that the most common word in accident reports was ‘suddenly’: ‘suddenly the van came hurtling round the corner’; ‘the car ahead braked suddenly’. Anna was learning that Advanced driving skills are all about anticipation - looking well ahead, adjusting your behaviour to ensure a smooth ride. Things rarely happen ‘suddenly’ if you’re anticipating well. She realised that ...
Are you someone who doesn’t live up to your earning potential? Try our Sheconomics quiz to find out.
Women in particular often undervalue their worth and dread asking for pay rises or increasing their rates. We happily give away our time and skills at bargain prices because we don’t trust that we’re worth more.
If you can identify with this, here’s a trick to help you convince yourself that you’re worth whatever you want to earn:
The government’s just announced that parents who are higher rate tax payers (currently those earning more than £43,875 a year) will have their child benefit axed from 2013. The benefit will be stopped even if only one parent falls into that tax bracket. This will affect families with only one parent working the most. Hmm… I can see this affecting lots of women.
But… wait for it, there’s some good news.