When you have dreams about money, it can be a bit of an interesting view as to what your subconscious is thinking about when it comes to the topic of money. Your dreams can influence your decisions, so it’s a good idea to delve deeper into what you’re dreaming. Are you dreaming of winning money or giving money away? Whatever the case, there can be a hidden meaning. Let’s take a look at what it all might mean, shall we?
What does it mean to dream about money?
Firstly, it’s not weird to have dreams about money, you’re not the only one. Many folks out there have dreams about money. Although you might think it’s odd, it can be fun to try and see what it all might mean!. Once you have a better understanding of what your dream might mean, you can nut out a plan and take action. We’re going to go through some common dreams that are commonly experience – then we can see if we can make these become a reality!
Dreaming about finding cash?
How exciting! You’ve found money! You might find $20 in a jacket or purse, or perhaps you’ve spotted a few bucks on a footpath. Just think… did you feel excited? Perhaps the amount of money you found is somewhat less important than the exciting feeling you get finding it. When dreaming about finding money, your subconscious could be indicating that you might have misplaced some cash somewhere.
Have you checked to see if you have any unclaimed money around? Who knows… it’s worth checking!
Dreaming about winning money?
Dreaming about winning money doesn’t necessarily mean that you’re about to win big in some lottery draw.
However, it could insinuate that you currently have positive energy in your life, making you feel happier or might have a bit more luck than usual. Use the opportunity to harness this positivity and look for ways to boost financial security. Perhaps you could start a side-hustle that suits your hobbies as well as your income goals.
Dreaming about losing money
This one’s more stressful! Even though you can wake up from such a dream, you might be in a situation where it’s a representation of your current reality. Meaning, your real-life finances don’t match your financial goals. Take a look at your budget. Are you spending money on items that don’t serve you any value? Maybe you could cut the pay-TV? Being about to reign in or cut out necessary spending can take away the feeling that money is slipping through your fingers. Take advantage of this Budget Planner.
Dreaming about a shopping spree?
We all like this one! A fantasy shopping spree! A spending spree that satisfies your wants and needs sounds like a fantastic dream. However, excessive shopping can also have the down-side of being in debt.
With this in mind, you might want to re-evaluate your money goals and make saving a priority.
The bottom line
Heaps of people have dreams about money at some point in their lives. When you experience this for yourself, you can decide what action you need to take. Listen to your subconscious and aim to move toward a financial life that brings you peace of mind.
As a result of all the global economic changes from the COVID pandemic, many have resorted to starting up their own business to generate income. With this global shift, people have figured out new ways to be their own boss, gaining more control of their finances and have found opportunities wherever possible. For some, this has given greater opportunities in entrepreneurial pathways to success. However, operating your very own business has its own pressures. What happens if you’re unable to work? How do all the business expenses get paid?
Business Expenses insurance – what is it?
If you’re self-employed or have a small business, you’ll be reimbursed for particular business expenses incurred while you’re totally disabled – (up to your insured monthly benefit amount for up to 12 months).
Keep in mind that, if there’s more than one owner, you will receive your share of the covered business expenses.
What are the key features of having Business Expenses cover?
- You will receive a monthly benefit for up to a year for certain business expenses that are incurred should you become totally disabled
- You can also choose a waiting period of either 14 or 30 days
- If you’re on claim the premiums are automatically waived while you’re receiving benefits
- Recurring disability benefit continues a previous claim with no new waiting periods if the same disability recurs
Do you need Business Expenses insurance?
You may want to consider Business Expenses insurance if you:
- have a business or are self-employed.
To get further information with regards to Business Expenses cover, please do not hesitate to reach out for a chat using the form below.
From a young age we are taught…
GOOD GRADE = GOOD UNIVERSITY = GOOD JOB = GOOD MONEY
Teenagers are believing that this is the only route to lead a success.
It’s a cycle, churning throughout time – being handed down from generation to generation, merely reciting what they heard from parents and teachers in the early stages of their lives.
Who here has taught their children…
“If you don’t study hard and get good grades, you’ll never get a job!”
Does this sound familiar?
I’m not going to lie… it’s what I was taught!
How about… “Acting like a child isn’t going to get you into a good college”. We are constantly pushing our kids to strive for academic excellence so they have the best chance for success.
Lets be honest, life can be tough and doesn’t necessarily treat you with kindness. Some people are fighting every day in order to make a living… to survive.
You see, there’s always been the division of classes:
Upper, Middle and Lower class
The above-mentioned terminology is globally used and seems normal to society – But in all honest, it’s a very warped view.
People are assigned into groups based on their financial circumstances and are labelled as lower, middle or upper. Naturally, the higher you are ranked the more successful you are perceived to be.
But here’s the kicker….
It doesn’t matter what class you belong to —
you always want more… What you have is NEVER enough.
Yes, even those who are ranked in the upper class! They believe that if only they could attain that little bit more money, they’d finally feel happy and fulfilled. Really? It’s never going to be enough.
It’s simple. Our infinite desire to upgrade and “level up” inflates our self-worth, makes us feel smart and gives the perception to others that we are successful.
If it wasn’t for this emotional reassurance, many of us wouldn’t be in debt in the first place – credit cards wouldn’t exist and retail companies would go under.
A lot of us pay for houses, cars, clothes, furniture, electronics, and vacations that we can’t really afford because we are always striving to accumulate more and more. More than we currently have… More than what others have.
Ultimately, we are playing a big game with our finances.
The goal? To accumulate as much money as possible. And then? At some point in the future — it’s game over.
Richard Ashcroft is right in saying,
“We are slaves to money, and then we die.”
Wow that was very dramatic! lol
Ok so let’s riel it in a bit… We don’t have to eliminate money from our lives. Money isn’t evil. Money is just… money. It’s what we make of it and do with it that counts!
When handled correctly, it can be used as a powerful tool. We just have to be in control of it and understand our emotions towards it.
Be real with yourself. Ask “where do I see myself in five years from today?”
Would you like to spend less time doing the things you dislike and spend more time on the things that provide value to your life?
It that even possible? How the hell are you going to get there?.
Firstly, take the initial step of regaining control over your spending. Stop being an easy target to retail marketing!
Then, go that step further and speak with a qualified profession to go through the best solutions tailored to your circumstances.
It all starts with you…
the best investment you can make – is in yourself!
Could you confidently recognise a red flag or a warning sign of financial abuse?
Unfortunately, financial abuse is becoming increasingly more visible on a global scale and it does not discriminate. This type of abuse can occur irrespective of someone’s socio-economic status, level of education, race, gender or ethnicity, which is why it’s important advisors are armed with the particular skillset required to handle suspected cases of financial abuse.
My road to specialising in Financial Abuse
A few years ago I began writing a finance book with the intention of exploring people’s relationships with money. I wanted to determine whether it’s our make up or the lessons we learn in childhood (or both) which impact the decisions we make with money later in life.
Of the many people I wanted to interview for my book, Tanya Targett – a lady I was doing my media studies course with – was one of them. Tanya explained how she had walked into a marriage as a savvy media professional. She was an award-winning journalist, had money in the bank, a home and a trust account. Fast forward quite a few years when Tanya left the marriage with her daughter having to stash $20 grocery cards she could find, and later having a stroke and a complete emotional breakdown after crawling away from her marriage. Tanya was a victim of financial abuse.
That interview set me on a path of wanting to understand the intricacies of financial abuse, how prevalent it is within society and the many different forms it can take. As I started this journey, I couldn’t believe I was a financial adviser and had never come across something like this before. After a lot of researching, it was very apparent to me advisers had either experienced financial abuse first hand with a client or a loved one, or they had had no exposure to it at all.
What is the trigger for financial abuse?
Often there isn’t one defining moment or trigger which leads to financial abuse, it’s more of a ‘frog in the pot’ situation. The pressure is turned up slowly over time and quite often it’s a build up of little moments people let go of or try to justify.
Warning signs of financial abuse
Limiting a partners employment options or prohibiting a partner from progressing in their career and being financially compensated for it is a classic red flag of financial abuse. Some partners will actually forbid work, or forbid any kind of study or professional development. My friend Tanya who I interviewed for my book, told me her husband had told her she had to give up the ‘nonsense’ of her successful media career and take a shelf packing job at Woolworths.
Other warning signs are extreme monitoring of purchases. A spouse may demand to see a receipt for every cent their partner spends or will give their partner a controlled allowance to spend. They likely control and monitor all bank accounts as well. Basically, any severe forms of financial control should raise an immediate red flag.
As advisors, one of the first time we ever encounter suspected financial abuse could be in a meeting with a prospect, or even a long-term client. What if one day, your elderly client walks into your office with their adult son who is requesting to have all funds moved to cash and withdrawn. What would you do?
If we look at elder financial abuse, thefts of funds is a big warning sign – whether it’s taking money from the night stand, right up to re-direction of pension payments or large withdrawals from bank accounts. Inheritance impatience is another warning sign, where the mindset of an adult child is “well I’m going to get it anyway, I might as well take it now”.
Action steps advisors can take
First and foremost, make sure you are protected by taking down very thorough file notes. Sometimes, it may be nothing more than a gut feeling but over time, if you’ve built up a lot of gut feelings (and file notes), it could be time to have a conversation with the person or couple in which you suspect financial abuse.
Setting the expectation with couples you work with by explaining you like to work with couples who have a respectful relationship, and perhaps you can explain what a respectful relationship looks like – one where both parties have the opportunity to voice their opinion, to get involved in the decision making and have access to important documents and family accounts.
Getting your licensee involved and working closely with them if you have a case that needs to be referred. Hopefully your licensee has a professional standard team and a procedure in place to handle suspected financial abuse. If they don’t, tell them they need to write one. They should have policies and procedures in place to protect you and your business.
Having a list of people you can call – local shelters, the elder abuse hotline, organisations like WIRE in your local state or territory. While not all of these providers will be able to solve the problem, they will at least be able to point you in the right direction.
It’s not easy calling out financial abuse
It takes a very brave person to call out suspected financial abuse. If you do have a hunch something is going on, know you don’t have to deal with it all on your own. Get the right people involved to support both you and the victim of suspected abuse.
I believe it’s also very important to make sure you entire team is on board, or at least made aware of the warning signs of financial abuse. Your team are often your frontline staff. Making sure they have the confidence to speak up if they suspect untoward activity (an adult child popping by reception with a withdrawal form for their parent/your client for example) can be the difference between stopping financial abuse, or unknowingly supporting it.
Finally, don’t think this only happens to certain demographics of people. Celebrities, professionals, people who appear to ‘have it all together’ are just as susceptible through a psychologically abusive relationship.
Advisers are in a powerful but also confronting position to not just recognise but to do something about financial abuse. It’s a very delicate topic, but when approached with support and conviction, could save a marriage or could save a life.
– Amanda Cassar