Friends With Money #151: The emotional rollercoaster of your finances

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Did you know emotions can get in the way of how well you manage your money? Being aware of the money lessons you learned during childhood, and the feelings that come up around finances when you think or talk about them, can be a great first step towards taking control of your finances and creating real wealth.

This week on the Friends with Money podcast, Money's Joanna Tovia is joined by financial advisor Dawn Thomas from The Wealth Designers to talk about how to improve your relationship with money.

  • How do emotions get in the way of sound money management?
  • Why are feelings of guilt, shame and apathy so common when it comes to money?
  • Why it's important to celebrate the things we've done right with our money
  • What a healthy relationship with money looks like
  • Five tips to better manage your money

friends with money podcast 151 emotional rollercoaster of your finances

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Friends With Money podcast FAQ

What is the Friends With Money podcast?

Friends With Money is a weekly personal finance podcast by Money magazine, offering expert insights on investing, budgeting, superannuation, property, and other money strategies for everyday Australians.

Where can I listen to the podcast?

You can listen on Apple Podcasts, Spotify, or YouTube (with closed captions available).

Who hosts Friends With Money?

Episodes are hosted by Vanessa Walker and Tom Watson from Money magazine, featuring expert guests and real conversations about money.

Is the podcast suitable for beginners?

Yes! It's designed to be accessible for beginners while still offering valuable insights for seasoned investors.

What topics does the podcast cover?

The Friends With Money podcast covers topics including banking, property, budgeting, superannuation, investing, saving, insurance, employment, travel and more.

How often are new episodes released?

New episodes are released weekly, so you can stay up to date with the latest financial tips and trends.

Can I watch episodes with captions?

Yes, full episodes with closed captions are available on YouTube.

Why subscribe to the Friends With Money podcast?

Boost your financial literacy anytime, anywhere with the Friends With Money podcast from Money magazine. Whether you're commuting, working out, or relaxing at home, this weekly podcast makes it easy to grow your money knowledge on the go.

Each episode dives into real conversations about money - how it's earned, shared, saved, and grown - with tips and insights that make finance simple and relatable. Perfect for beginners and seasoned investors alike, it's your go-to guide for building better financial habits.

Subscribe to the Friends With Money podcast today and start learning when it suits you.

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Joanna Tovia is a freelance journalist. She is the former personal finance editor of The Daily Telegraph and author of Eco-Wise & Wealthy, a book about saving money by going green at home. She has worked as a journalist in the US, UK and Australia writing about money, travel, design and wellbeing. Connect with her on LinkedIn.

Dawn Thomas is a senior financial adviser at The Wealth Designers. She holds a Bachelor of Media Studies (Radio and Screen & Sound), a Bachelor of Mass Communications (Journalism), a Graduate Diploma of Financial Planning, and a Masters of Applied Finance. She is a Certified Financial Planner, and an SMSF Specialist Adviser.