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Australian Finance Podcast
🧠Brain Hacks: 5 money psychology tips for 2024
Mar 14, 2024
Learn how psychology influences financial decisions, manage stress and regrets, caution in following financial advice, Rask's growth and new investment platform, financial partnerships and resources for listeners
34:13
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Quick takeaways
- Manage financial stress during renovations by focusing on budgeting for negative cash flow.
- Shift from scarcity mindset to recognize financial stability by evaluating needs and desires.
Deep dives
Managing Financial Stress During a Renovation
The podcast episode discusses how a family decides to undergo a renovation despite high costs and interest rates in 2024. The hosts highlight the importance of managing financial stress during such projects by focusing on five money tips. Despite the financial pressure, the family remains determined to pursue its goal for the year, emphasizing the significance of financial position and budgeting for negative cash flow during renovations.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode