The Swan Effect - Creating and Sustaining Your Financial Wellbeing

Making Money Resolutions

February 02, 2021 Arthi Rabikrisson and Lucille Sikosana Season 1 Episode 1
The Swan Effect - Creating and Sustaining Your Financial Wellbeing
Making Money Resolutions
Show Notes Chapter Markers

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

Introduction - About Arthi Rabikrisson and Lucille Sikosana
Making resolutions in a brand new year
What is a money resolution
Arthi talks about having a map in place to take you where you want to go
Lucille recommends writing down your resolutions to bring them to life
Taking control of your financial situation
Arthi talks about why it is important to have a positive mindset about money
Setting SMART goals one goal at a time
Creating accountability when it comes to money goals
Including insurance, medical aid and retirement into your money goals
Lucille and Arthi share their parents’ retirement stories
Creating follow up flags to make sure you are still on track with your goals
There is no need to go at it alone, partner with someone
Making smart choices on when and how to use debt
Lucille shares insights and techniques on how to start budgeting
Rewarding yourself with small treats as you reach milestones
Having a solid financial plan allows you to sleep better at night
Having an emergency fund for those rainy days
Spending leaks and working towards breaking those habits
Thank you to our listeners
Look out for our next episode on Savings and Investments
Swanning out for now!