
The Swan Effect - Creating and Sustaining Your Financial Wellbeing
Money makes the world go round, and if this is true, do you struggle to understand the complex workings of finance, money and investments? Join us, Host Arthi Rabikrisson and co-host on Season 2 Malika Petersen, both women in finance, as we delve into simplifying the complexities that come with managing your finances and investments. The theory of Black Swan Events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often rationalized after the fact with the benefit of hindsight. The opposite of that are White Swan Events which are characterized as being more certain. Because life can be uncertain, there are Grey Swan areas and The Swan Effect is a monthly podcast that dives into some of those grey areas to empower persons in all walks of life to make better money decisions, and ultimately improve their relationship with money. A tribute and thank you to the late co-creator and co-host on Season 1 of the Swan effect podcast, Lucille Sikosana: you set the benchmark high, and we are proud to continue to elevate the important message on financial wellness and financial literacy globally. Your tenacity and optimistic attitude will always be the wind beneath our wings.
The Swan Effect - Creating and Sustaining Your Financial Wellbeing
Spending with Confidence
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Lucille Sikosana and Arthi Rabikrisson
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Season 1
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Episode 3
Spending with confidence is not something we hear often. There is often guilt attached to spending money, and quite a negative mindset in fact.
In this episode Lucille and Arthi talk about how it is very possible to have a great relationship with money and how you can nurture that over time too.
Topics that are covered include:
- How to spend with confidence,
- Breaking bad spending habits,
- Re-iterating that all-important spending plan,
- How to recover from overspending, debt traps and even being blacklisted,
- On a more macro level, considering consumer confidence and what that means for the economy and spending,
- A pivotal question….. can money buy happiness?
We would love to hear your views based on the themes covered in this episode. Please feel free to rate, write a review, and share with others.
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