The Financial Wellbeing Podcast

Episode 56 – Community Wellbeing Chris, David and Producer Tommo delve deeper into one of the 5 main pillars of wellbeing – community wellbeing. They explore ideas to think about and act upon to engage in your community. A brilliant podcast dedicated to a brilliant man who exemplified community spirit – cheers digger Welcomes and introductions Episode dedication, to Digger What is this podcast all about? – Community wellbeing. Ideas to think about and act upon. Ovation Client Question’s – What happens to my pension when I die? Why so quick today? #oops Tight Ass Tommo Tips from Twitter listeners – David Lamb, @lotusdave – charge electronic devices at work Darren Cook, @redcirclefp – vasectomy @shininglightsuk – online outlet stores, look to buy last season Last but not to be forgotten, #thightasstommo’s tip of the week – spending money on others Community wellbeing Link to Episode 11 – sharing economy and creating community spaces Why do we record this podcast? To give people ideas on how to improve their wellbeing, particularly when it comes to using their money. How Community effects our wellbeing? This is passive and out of our control. So what steps can we take to improve our own community wellbeing? How can we measure community wellbeing? People – social interactionsPlace – aestheticsPower – your voice in community Wellbeing by Rath & Harter Five areas of wellbeing – FinancialCareerSocialPhysicalCommunity Even if you live somewhere great, you won’t get wellbeing unless you engage with the community Anecdotal evidence from talking to Ovation clients show people want to help others in someway once they know they are financially OK The impact we make on other people drives us David’s time volunteering at Bristol City Community Foundation Planned giving, time or money, is good for wellbeing. Especially where you can see the results What is virtue signalling? Ideas on where to get involved locally – coach local football teamScout groupsGovernors/Trustees of schoolsChildlineHelping army cadetsOrganise Christmas light switch on in local town Volunteer work is so rewarding and I recommend everyone do some. Find their thing, whatever it is that inspires them and give to is as they can, time, intellectually, money. Jason Holmes Use self-interest for a positive change – royalvoluntaryservice.orggoodgym.orgChris Daems – Kindness Project podcast Community wellbeing is something we need to work on Conclusions from the guys Live in a community that suits us, gives us a voice and the opportunities for engagement. Then we get out and use them.

After a book, 50+ episodes of the podcast and a brilliant conference the Financial Wellbeing message is spreading. In this episode we are happy to announce the creation of the Initiative for Financial Wellbeing. Financial advisers, planners, paraplanners, practice managers, anyone in the financial planning industry and beyond, take note – this will be a way to share the message of putting happiness and wellbeing at the heart of everything we do to help clients become happier not just wealthier. Introductions What is this podcast all about? Why is it not an institute just yet? What is the IFW? A place to talk about and share ideas on money and happiness Looking at researchTools for financial advicePartnershipsEvents Producer Tommo’s regional network – find out more, members@ifw.org.uk Please bear with us as we get going Thank you for all the support If you want to find out more, ask any questions or register your interest visit: www.ifw.org.uk

Episode 55 – Overcoming Anxiety with Nick Elston In this episode Chris, David and Producer Tommo share a chat with the inspirational Nick Elston. Following on from his spellbinding talk at the Financial Wellbeing Conference, Nick talks about his personal experiences with anxiety and how this led to becoming a professional speaker. With top tips on what you can do to overcome money anxiety, planting trees with #tightasstommo and a very topical Ovation Client Question, this is an episode not to miss.   Welcomes & Introductions The Financial Wellbeing Book and it’s part in helping shape the Podcast What is this podcast all about –  An interview with Nick Elston, sharing his amazing story of how he deals with daily anxiety through professional speaking. Ovation Client Questions – What to do about investments with Brexit looming? Diverse portfolio Don’t keep looking at it If your financial adviser only talks about investments performance, get a new adviser Tight Ass Tommo – Click here to visit ecosia.org  Use your internet searches to plant trees Nick Elston Interview His honest approach to professional speaking Nicks story, from OCD to GAD Thinking the worst of daily events, and how it impacted his daily life Money and anxiety Putting our happiness into material things will lead us out of control Scheduling recovery to avoid burn out and breakdown Anxiety stunting growth. We find it easier to stay put and find change scary The fear of letting others down These problems have always happened, but now mental health is getting a voice Wearing masks Question and get to know yourself Disarming truth – telling people  exactly how you feel How to use self help books to create your own playbook to cope The Chimp Paradox book Testing Mark Twain’s theory “some of the worst things in my life never actually happened” A worry journal Writing down 128 worries and looking back a week later to see they never happened What else did Nick do to manage anxiety? Never assume an outcome good or bad, look at the facts and process ‘Regret from the past and fear of the future’ Take emotion out of finances Comparison is an enemy to wellbneing Jim Rohm – you are the average of the people you surround yourself with Choose to be happy How did Nick end up talking on stage about his anxiety? Emotional storytelling People arn’t crying out to be fixed, they just want to be heard Conclusions from the guys Click here for more information about Nick Elston and how to book him as a speaker Do you have any financial wellbeing questions you would like us to answer?  Do you have a #tightasstommo money saving tip you would like to share with our listeners? If so, let us know by going to Twitter @Finwellbeing or email – contact@financialwell-being.co.uk If you would like to purchase a copy of The Financial Wellbeing Book please click on this link to visit Penny Brohn UK shop