The Swan Effect - Creating and Sustaining Your Financial Wellbeing

S2 E1 Unleashing your Financial Superpowers!

August 02, 2022 Arthi Rabikrisson and Malika Petersen Season 2 Episode 1
The Swan Effect - Creating and Sustaining Your Financial Wellbeing
S2 E1 Unleashing your Financial Superpowers!
Show Notes Chapter Markers

We Are Back on Air!

After a hiatus of 8 months, The Swan Effect Podcast is launching Season 2 with host Arthi Rabikrisson and co-host Malika Petersen!

As August is Woman's month in South Africa, this episode spotlights that we women have the ability to unleash our financial superpowers, given inherent strengths and capabilities. Many of these are actually shaped by our narratives or stories of how money was managed around us. Arthi shares her narrative around her mum being key to controlling the disbursement of money in the household even though her dad was the sole income earner. This has shaped how hands on Arthi is with her money management. Malika shared an opposite narrative of a friend who's father controlled every financial decision in the household, resulting in her friend not wanting to take control of her own finances today. And yet, within both those narratives, lie very key traits that actually can be those financial superpowers that lead us on the  path to financial wellbeing.

Listen in to the discussion where we share:

  • Superpower 1: Know your Money Pot
  • Superpower 2: Monetise your passions
  • Superpower 3:  the P-T-P (plan-track-plan some more!)
  • Superpower 4: Spending Leash

We also offer some practical advice and ideas on how to move ahead with using these superpowers, through budgeting, will and commitment to the plan, and of course, over time, resulting in this augmenting the narrative we each have with our personal finances and investments.

We would love to hear your views based on the concepts covered in this episode. 
Do rate, write a review, and share with others.

#TheSwanEffect #FinancialCoaching #Debt #FinancialWellbeing #WomenInFinance #Saving#Investing #Financialwellness

Introduction
About Arthi Rabikrisson and Malika Petersen
Welcome listeners!
Welcome Malika!
Malika shares a bit of her background
What are our financial superpowers?
What are some of the hindrances that prevent us from unleashing our financial superpowers?
Arthi shares her first memory of money
Malika shares a different money memory, from a friend's story
Our first memories of money shape our behaviour with money
We can take positives out of our behaviours in everyday life and focus in on money mangement too!
Superpower 1: Know your money pot
Where can multiple income streams come from?
Superpower 2: Monetise your passions
What can be monetised to generate income?
Superpower 3: P-T-P (Plan-track-plan some more)
How can we P-T-P through budgeting in the short, medium and long term?
Superpower 4: Spending Leash
Some examples of the spending leash in practice
Recap of the financial superpowers
Malika's parting shot
Arthi's parting shot
Thank you listeners!
Swanning out for now!