How to flourish financially, 23/11/2024

RTL Today - The Lisa Burke Show

Financial advisors can be quite intimidating, especially if we feel we’re starting ‘too late’, or we don’t have ‘enough’ money. Dr. Sophie Jablonski and Minna Schmidt are on a mission to break that stigma and encourage more people to talk about money matters in a healthy way.
On The Lisa Burke Show this week, Sasha Kehoe starts off by giving us a reflection of the week's news.
Flourishing Financially in mid-life.
Dr. Sophie Jablonski and Minna Schmidt set up Flourish Financially to help empower people both mentally and financially, the two being highly combined. Their main community are midlife women who fall into the statistical bracket of being behind men in building wealth. The gender wealth gap across all countries has been averaged as about 77%: that’s to say for every €100 earned by a man, a woman earns €77. There are many reasons for this including taking time out to raise a family, returning part-time and sickness. Women are also less likely to talk about money, often end up dependent on others, especially in older years, despite also living longer on average.
For many people, it’s midlife, that crunch-point of perhaps raising a family plus parents who might need more help, to heavy workloads, plus possibly divorce, where one contemplates the purpose of having a buffer in life; a financial blanket to ease the inevitable moments of hard times. This duo want to encourage anyone, whatever stage of life you are in, to take control of your own financial health.
Unquestionably, more money means more freedom: freedom of choice; freedom to find the best healthcare for aging parents; freedom to leave a bad marriage. Sophie and Minna hope to inspire and create a community who is more aware of their own financial options, without feeling shame or fear, whatever the starting point; at whatever age. Sophie is particularly clear that positive psychology is linked to a flourishing mindset, and when this part is ‘right’ the rest can follow.
How is your Financial Health?
Sophie and Minna have developed a Financial Flourishing Scale - a reflective tool to help people understand where they stand on their financial health journey— thriving, languishing or surviving. Using evidence-based insights from positive psychology and financial resilience research, it’s a great starting point for building financial well-being.
Access the tool for free here: Financial Flourishing Scale https://flourishfinancially.org
The PROVIDERS celebrate their 25th anniversary at Den Atelier
The Providers started out 25 years ago in a garage in Kehlen with three teenagers. It’s now grown to a 10-piece band and old members will join them to perform at their sold-out show at Den Atelier on Saturday.
However, there are two tickets left. In this show, Pit Mass talks about The Providers and mentioned how many people will be on stage for this show.
Write into [e-mail] with your answer after listening to the show!
Website of Minna: https://www.minnaschmidt.com
Website of Sophie: https://drsophiecoaching.com
LinkedIn of Minna: https://www.linkedin.com/in/minnaschmidt/
LinkedIn of Sophie: https://www.linkedin.com/in/dr-sophie-jablonski/
Instagram of Minna: https://www.instagram.com/minnaschmidt/