The Money Medicine Clinic Podcast Dr Nikki

Hello!

Robert Kiyosaki calls them "doodads". Vicki Robin calls them "Gazingus Pins". Otherwise known as an unconscious spending weakness.

We all have them.

Be it books, journals, notebooks, scarves, shoes, bags, jewellery, makeup, watches (like my mum), toys for your kids, there will be SOMETHING you can’t resist spending money on.

For me its shoes.

Oh, and journals. I never seem to be able to resist a journal.

Now, in my world, there is nothing wrong with spending money on things we want.

I am ABSOLTELY all about rewarding yourself for a job well done or a goal reached. We celebrate people's wins often in my community.

But what does cause problems is if this celebrating is done without thought or planning. In other words, when we allow our unconscious emotions to guide our spending.

Enjoy my ramble on the subject!

Dr Nikki x

P.S. For the show notes, go here

Hello!

I'm back with a new season and a new episode for 2022!

Here's the topic for today's discussion. Can money buy you happiness? Well, it’s a hotly debated topic. The thing is, I think a lot of people confuse money and happiness with the well-known phrase, “money is the root of all evil”. Personally, I think you can have both money and happiness, and here’s why.

Enjoy!

Nikki x

P.S. If you want to read the show notes, go here: https://thefemalemoneydoctor.com/does-money-buy-happiness/ ‎

Hello!

It's time for another community question, and it's one I get asked a lot - "how much do I need in my emergency fund?".

An emergency fund is really important to help you out if you lost your job or had an unexpected major life event to deal with. But how much should you have, and where should you keep it? As with anything to do with personal finance – it depends. It’s very specific to who you are and your circumstances. 

It was one of the first goals I ever set myself when I started out on my money journey, and I will never forget the excitement when I managed to save my first £1000!

To check out the shownotes, go here: https://thefemalemoneydoctor.com/how-much-should-i-have-in-an-emergency-fund/

Until next time,

Nikki x

Hello!

For most people, buying their first house will be the biggest investment that they ever make. However, the worst thing you can do is get on the property ladder before you are ready.

Many people think that they’re “throwing money away” if they don’t buy a home, but actually, it may be the more savvy approach not to.

Today, there is so much pressure to own your own property, yet it is more difficult than ever before to do so. With that being said, read on to discover the key signs that you are ready to purchase a property.

To read the show notes, go here: https://thefemalemoneydoctor.com/ready-to-buy-a-house/

Until next time,

Nikki x

Hello!

There are many forms of investing. Most people, when they think of investing, I’m sure will think of the “Wolf of Wallstreet”, or something similar; high aggression, testosterone-driven, swearing, sweaty, money-fueled madness.

But this is embellished reality – a story made all the more obscene to make a good film. Real investing is not like this. In fact, the kind of investing that is safe, secure and sustainable is decidedly unexciting. It involves due-dilligence, honest, emotionless appraisal, and playing the long-game. This is everything that the famous Warren Buffett stands for, and he is an excellent investing role-model for the rest of us. In fact, he also disliked the testosterone-fueled craziness that was going on in wall-street, and chose not to be part of it.

If you don’t know who this genius man is, he is the CEO of a major American share-holding company called Berkshire-Hathaway, and is known as the “Oracle of Omaha”. He is one of the richest men in America, building his wealth slowly over his lifetime. This is what he partially blames his amazing success on – his good genes and time spent actually investing.

If you want to catch the show notes, go here: https://thefemalemoneydoctor.com/warren-buffett/

If you want to join the October 3-day Investing Ignition event, go here: https://thefemalemoneydoctor.com/3-day-investing-ignition/



Speak soon,

Nikki

Hello!

I’ve previously spoken about ethical investing on the Money Medicine Clinic podcast (episode 38). But I want to give you a broad overview of ethical banking, because there’s more to it than just ethical investing. You may have come across the idea of switching your utilities to ‘greener’ products and services; you can also do the same when it comes to choosing a banking provider.

For the show notes, go here: https://thefemalemoneydoctor.com/ethical-banking-and-investing/

For the ethihcal investing freebie, go here: https://thefemalemoneydoctor.com/free-downloads/

Until next time!

Nikki x

P.S. For the $1 trial, go here: https://thefemalemoneydoctor.com/join-the-abundance-clinic-membership/