Dealing with Financial Stress

Meet your hosts Betsy Westcott & David Koch as they introduce themselves and the concept of financial stress.

Discover the emotional strain that arises from income challenges, debt, and unexpected expenses. Explore the prevalence of financial stress in Australia today, driven by economic factors, personal financial challenges, and life transitions.

Understand how financial stress affects your physical and mental health, relationships, social dynamics, and work performance. And empower yourself with actionable activities to identify and manage financial stress. Let's embark on this transformative journey together!

Let’s begin by understanding the powerful connection between money and emotions in this transformative module. Discover the impact of your money mindset on financial decisions and behaviors, shaped by beliefs about self-worth, abundance, and success.

This module is designed to enhance your financial capability, confidence and resilience with practical strategies that you can apply instantly.

Talking about money with our nearest and dearest can be fraught with emotion and discomfort. Not talking about money, however, is holding you back from achieving financial wellbeing. In this module, you will learn how to have healthy and productive money conversations that boost your financial wellbeing.

This module is all about understanding where you are today. If you don’t know where you are, you can’t make a plan to get where you want to be. Take charge of your financial future by assessing your financial situation with confidence!

Discover the benefits of gaining a clear understanding of your financial health, identifying strengths and weaknesses, and setting informed goals and strategies.

Learn how to gather financial information accurately and make simple calculations to gauge your financial well-being.

Financial goals are essential for helping you overcome financial stress. They give you direction, focus, and motivation as well as a decision making framework to support you along the way.

In this module, Betsy & David show you how to create meaningful and motivating financial goals. They also share their best tips to overcome challenges you may experience along the way.

Unlock the power of a sustainable budget for financial wellbeing and resilience. Discover how budgeting provides financial control, aligns spending with goals, manages debt, and fosters savings and wealth building.

Explore different budgeting methods, from 50/30/20 to zero-based budgeting, and how you can utilise digital tools and apps to streamline the process

Discover the alarming reality of personal debt in Australia, and learn effective strategies to manage and overcome it. Embrace a debt-free mindset, explore healthy financial habits, and find hope in taking control of your financial future.

Explore the correlation between savings and financial security, freedom, and peace of mind. Learn how to automate savings, build your financial cushion and achieve your long-term dreams.

Beware of common savings pitfalls like FOMO and lifestyle inflation. Embrace the transformative power of savings on your financial future!

This module is all about creating a future that’s exciting and resilient. Explore the importance of personal insurances, for financial protection and peace of mind.

Learn the essentials of investing to grow wealth and create passive income streams, while planning for a comfortable retirement by starting early and diversifying your investments.

Lastly, discover the significance of estate planning in providing financial security for your loved ones and ensuring a well-managed distribution of your assets. Don't miss this opportunity to shape a financially resilient tomorrow.

You’ve made it to the end of the Dealing with Financial Stress course.

Before you graduate David and Betsy share their tips on how to maintain your financial wellbeing, continue building your knowledge, and celebrate your new found financial confidence!