Page 50 - Women’s Health - Australia (February 2020)
P. 50

financial fitness























                The Art of





                Mindful Money









                            Get ready to swap cash-strapped stress for healthy wealth


                                                 By Penny C arroll





                Pop quiz: what’s as important for your                                                 ● CREATE A
                health as food, sleep and fitness? Answer:                                             MONEY MINDSET
                money – and not just ’cos it buys you green
                smoothies. A report* found that more than                                              Wealth isn’t just money in the
                half of all Australians are stressed about                                             bank, says Campbell, it’s a ticket
                their finances, with 90 per cent of women
                saying it affects their overall wellbeing. Yep,                                        to freedom – whatever that looks
                cash is complicated – but building a healthier                                         like for you. Connect with your own
                relationship with your dough doesn’t have                                              financial goals by asking yourself:
                to be. “The simplest changes in the way that
                you use money can have a profound impact,”                                                 1           2             3
                says financial planner Canna Campbell, author                                             What       What do         What
                of Mindful Money (Penguin, $34.99) and                                                    does       I want to     habits do
                founder of YouTube channel Sugarmamma.                                                   wealth       achieve      I want to
                TV. The key, she says, is applying a few of                                              mean to    financially?  leave in the
                those mindfulness techniques – the same                                                    me?                     past, and
                ones you use to stay focused in yoga – to your                                                                     what do I
                spending habits. “It’s about being present and                                                                      want to
                conscious when you spend money so that                                                 Take                        bring into
                you get maximum value and appreciation,                                                                           the future?
                and you satisfy your appetite,” Campbell                                               Stock
                explains. “Then you can use your new-found
                savings and awareness to start building money
                rather than just using money as something                                              Time to take a good, honest
                to survive on or to spend.” Sound like                                                 look at your financial
                something you’d like to work on in                                                     situation. “Write it out on a
                2020? Thought so. Consider these                                                       piece of paper and look at
                mindful money tips an exercise in                                                      what you want to change,”
                self-care – ’cos you’re worth it.                        OUR PODCAST                   says Campbell. If you have
                                                                           TUNE IN TO
                                                                        UNINTERRUPTED                  credit card debt weighing
                                                                        Want more? Listen              you down, for example,
                                                                       to our Uninterrupted            set a goal to pay it off by
                                                                          episode with                 a certain time. “Focus on
                                                                       Canna on your fave              what you can do right then
                                                                         podcast player.
                                                                                                       and there, no matter how
                                                                                                       big or small, to get to where
                                                                                                       you need to be financially.”



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