Financial wellbeing with Anna Glynn

How do you feel about your finances? Be honest. Do you feel in control and heading in the right direction? Or are you just getting by week by week? Maybe you just prefer not to think about it. Whatever financial headspace you’re in at the moment, you’re sure to get your money’s worth from the next 28 minutes.That’s because this week’s episode is all about Financial Wellbeing, where Ryan and Steph sit down with Positive Psychology expert Anna Glynn to dig deep into this most talked about but often misunderstood financial buzzword of our times. They unpack questions like: Does money really buy happiness, or can happiness actually create more money for you? What is financial wellbeing in simple terms and how can you rate your own and improve it? And why is talking about and understanding our relationship with money so important to achieving our goals and living with a strong sense of financial freedom and security.What is financial wellbeing?Financial wellbeing is defined as a state of being wherein you; have control over your finances, have the capacity to absorb a financial shock, have the freedom to make choices to enjoy life and are on track to meet your goals.   When these four factors are in alignment, you then arrive at two very strong emotional responses; a sense of security and feeling of freedom. Maslow’s hierarchy of needsAbraham Maslow's hierarchy of needs outlines a model suggesting that human motivation arises from five key levels: physiological, safety, love and belonging, esteem, and self-actualisation. According to this theory, individuals achieve greater fulfillment and drive as they progress through these stages.What are money scripts Money stories are the personal narratives that we hold about money and are shaped by experiences, upbringing, and cultural influences. These stories influence how we perceive, manage and relate to money and can impact our financial decisions and behaviours. Rating your financial wellbeingIf there’s one thing you should do after listening to this episode, it’s to rate your financial wellbeing. Grab a pen and paper and mark yourself out of 10 on the following questions.Do you feel like you have control over your financesDo you have the financial freedom to make choices to enjoy lifeDo you have the capacity to absorb a financial shockAre you on track to meet your financial goalsHere’s to your Good Life. And thanks for listening.You can find us at https://www.tribecafinancial.com.au/Our guest:Anna Glynn, Speaker, Author & Coach Connect with Anna: linkedin.com/in/anna-glynn-mapp-0797b639 Visit Anna’s website: https://annaglynn.com.au/Our hosts:Ryan Watson, CEO, Tribeca Financial Follow Ryan: https://www.linkedin.com/in/r-watson/Stephanie Coombes, podcast expert and media strategistFollow Steph: https://www.linkedin.com/in/stephanie-coombes-62903825/Tribeca Collective Pty Ltd, ABN 54 604 005 209 trading as Tribeca Financial has been appointed as a Corporate Authorised Representative (CAR No.1008603) of My Dedicated Advisory. My Good Life ® is a registered trademark of Tribeca Collective Pty Ltd.  Advice given in this podcast is general in nature and is not intended to influence decisions about investing or financial products. Our listeners should always seek their own professional advice that considers their own personal circumstances before making any financial decisions. Tribeca Financial acknowledges the Traditional Owners of Country throughout Australia, and we pay our respects to Elders past and present.