We have a very special interim podcast for you. Special guest Nick Elston is back for a chat with Chris Budd to talk about anxiety and our well-being during the pandemic lockdown. The two talk about what you can do when stuck at home worried or anxious in order to improve your mental well-being.

Welcomes and Introductions

Click here to listen to Episode 55 – Overcoming Anxiety with Nick Elston

Nick Elston is a public speaker and talks about anxiety from personal experience

• Survival mode – we will get through this
• Evolution mode – adapting to be stronger from this situation

We don’t know what the future holds, each day we are creating a new reality together

Focus on what we can do today

Our control has been taken away?

New dynamics of homeworking

The courage to set boundaries – to be left alone

Definition and understanding of of introvert/extrovert

Positive mental wellbeing

Why is it important to keep in contact at the moment?

There is empowerment with us all being in this together and learning as we go

How are you feeling right now?

Feeling the fear at a subconscious level, leaving us tired as we spend energy on this worry

Why we need to keep moving

Tell people how you are feeling – get the help you need in order to give back to others

Feeling Thankful

Motivation

• be proactive
• schedule time
• personal development

Finding Time

• ring-fence time for yourself and /or spending time with your partner

Every storm runs out of rain

Things may not go back to what they once were – we have a chance to make the world a better place

Thank you for listening to The Financial Wellbeing Podcast – Stay safe and keep well

We have over 60 podcasts for you to listen to whilst at home, why not have a listen to these –

Episode 54 – Mental Wellbeing & Money (Further help with worry and anxiety)

Episode 50 – Wellbeing and Writing with Amanda Prowse (If not now, when? Some inspiration to start writing that book!)

Episode 31 – Dealing with Financial Shocks (This lockdown has been a shock on finances)

How damaging can our relationship with money be? Chris, David and Producer Tommo have a chat with Mark Bristow, The Financial Healer, about how we can uncover and challenge our self-limiting beliefs. From great #tightasstommotips to David’s excessive use of Bristol Rovers player names this is a podcast to keep you entertained!

Welcomes and introductions

I’m not that modest (the quiet one who does all the work – Tammy Devonald)

Initiative for Financial Wellbeing update – Click here for more information about IFW 

What is this podcast all about –

• An interview with Mark Bristow, author of the book The Financial Healer. Talking about our relationship with money and how it can cause stress and unhappiness.

Tight Ass Tommo

Featuring January weddings, the risks of stalking and takeaway ice cubes! Many thanks to Chris @Ankers43 / Nick Lincoln @HatTipNick / Neil and Sandy Bage

Two old guys reminisce about TVs, with rentals, thefts and wonky aerials.

#tightasstommo Tip of the week – National Trust membership and wellbeing

Mark Bristow Interview

What is financial coaching?

Financial wellbeing and your relationship with money

If you go to a financial coach – make sure they are trained and have experience

“Increase your self worth to increase your net worth”

David Lloyd’s reputation precedes him!

Chris and Mark know each other from training days, and although they went different ways, have ended up in similar areas

How did Mark get into financial coaching

NLP – Neuro Linguistic Programming

How Mark incorrectly judged himself and found he was in the wrong job – what he did next

Achievement without recognition

When it is all about gaining money, and you gain that money, what then?

Emotional Freedom Technique

Click here to find out more on The Financial Healer book

The book is all about self worth and how to get to your core self-limiting beliefs

How to uncover those self limiting beliefs?

Challenging Self-Limiting Beliefs blog post from Chris

Bruce Lipton & Epigenetics – the biology of belief

External sources play a large part in forming our beliefs when young, and we seek to support them. What memory is causing our belief? How can we rework the memory with a positive outcome?

Marks childhood memory creating a mistaken belief, and how it followed him into adulthood

The ‘there’s someting missing’ conundrum

Believing in ourselves

What one thinkg can we do differently? Catch a negative view and ask yourself, is it true?

If you would like to purchase a copy of The Financial Wellbeing Book please click on this link to visit Penny Brohn UK shop

Conclusions from the guys

How writers come up with names

“If we talk to friends like we talk to ourselves we wouldn’t have many friends”

Know thyself

Click here for more information on Mark Bristow

Episode 59 – Social Prescribing

Join Chris, David and Producer Tommo as they explore how all the areas of wellbeing support each other. In this episode the spotlight is on social prescribing, digging a little deeper past the initial problem and looking at more preventative solutions. With updates from the IFW, Ovation Client Questions on life assurance and plenty of sheds in the Tight Ass Tommo tip of the week have a listen to another great Financial Wellbeing Podcast.

Welcomes & Introductions

David will be appearing in the Bristol Old Vic play Red Lion, 11th – 28th March – click here for more information and tickets

What is this podcast all about –

• Other areas of wellbeing and how they all support each other

Ovation Client Question’s – Life assurance. Early payouts in exceptional circumstances to maximise wellbeing.

Tight Ass Tommo

Shed’s, Shed’s, outbuilding’s and Sheds! Along with dieting and running the Bristol 10k.

#tightasstommo’s borrowed tip of the week – Get kids watching Disney

Thank you to Marcus @marcusinstroud and Amyr @a_rochalima

Initiative For Financial Wellbeing Update

• Next conference 14th May
• Keep an eye out for regional events in Bristol and London coming soon
• Click here for more information

Social Prescribing

It’s about time!

The NHS definition of social prescribing – looking at the wider issues of wellbeing

20% of GP consultations are for social issues not health

Looking more at preventative solutions

Financial help from Macmillan, for those with cancer, but can also help others – click here

The five parts to wellbeing that all interact with each other:

• Community
• Social
• Career
• Physical
• Financial

Financial wellbeing supports all the other areas

How does social prescribing fit in with financial wellbeing?

Community story from @leisa_batkin a Wellbeing Co-ordinator

Starting conversations

Social outlets needed to avoid loneliness

Don’t sit on the wall and let the world go by

Finding purpose

Link to Episode 55 Overcoming Anxiety with Nick Elston

Do your own social prescribing, build it into your planning when working out what you want from life

• Plan social interaction
• Plan recovery time

Conclusions from the guys

This is what a good financial planner can do for you. They get to know you and find out your motives, spending time to help you maximise your wellbeing.

Shameless plug – Ovation Finance can help with that – click here for more information

Do you have any financial wellbeing questions you would like us to answer?  Or 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 – [email protected]

If you would like to purchase a copy of The Financial Wellbeing Book please click on this link to visit Penny Brohn UK shop

Episode 58 – Interview with Anthony ‘Tas’ Tasgal

David and his co-conspirators Chris and Producer Tommo have a chat with author and strategist Anthony ‘Tas’ Tasgal about our behaviours and how we make decisions. Tas looks at changes that can be made for better money decisions with some fun exercises. Be sure to play along! We don’t think the way we think we do, but I am sure we can all agree the highlight of the Financial Wellbeing podcast is the brilliant #tightasstommo, so be sure to listen to yet more tongue in cheek money saving tips.

Welcomes and introductions

Click here for tickets if you want to see our very own David Lloyd treading the boards in Red Lion at the Bristol Old Vic

More information about IFW – [email protected]

What is this podcast all about –

• An interview with Anthony ‘Tas’ Tasgal, exploring bad behaviours we don’t notice

Tight Ass Tommo, featuring –

• Transparent piggy banks from Alexandre Riley
• Dubious Air B&B tips from Della Husdon and Joseph Gibson!

Tas Tasgal Interview

Sorry for the bad audio, please stick with it

Tas is a trainer, author and strategist. He made his career in marketing along with understanding peoples buying decisions. and knows a lot about behavioural economics and decision making

How did Tas get into finance?

Loss aversion and how we make choices

“we don’t think the way we think we think”

We are far more influenced than we think

• Episode 38 – Keeping it fuzzy with Greg Davies
• Episode 25 – Behavioural Economics with Greg Davies

We are programmed to apply cognitive ease, our brain does not make the best decisions, it makes the most effortless decision

How much actual control do we have when we think we are making choices?

System 1 Process –

• The unconscious
• The emotional
• Where we store shortcuts in the brain.
• We have very little connection or understanding of this process

System 2 Process –

• The conscious
• The rational
• The slow and future thinking takes place here.
• We think this is where we make our choices

A lot of decisions we think we make at a rational and logical system 2 level are actually system 1 in action

The bat and ball excersise – system 1 in action. Leads to poor and inaccurate decisions.

Know when we are being led by system 1, how to target system 1 and occasions when system 1 is a problem

How Axa make changes with ‘Save More Tomorrow’ campaign, resetting the default and tackling loss aversion

Anchoring excersise – be careful of numbers given to us, or brain will latch onto them

Advertising suspicions and how we can use behavioural economics to help wellbeing

Warning people about the nefarious tricks of advertising

Reciprocal altruism

Chris has never meta 20 year old where pensions are the most important thing in their life, nor has he met a 70 year old where a pension isn’t the most important thing in their life.

Talk to people who are already in the financial position you want to be in. We need to break out of our current self and imagine our future self.

New book from Tas – InCitations

Conclusions from the guys

System 1 and system 2 extra reading – Thinking Fast and Slow by Daniel Kahneman

An interesting insight into advertising to help us deflect it when needed

Shameless plug from Tom – financial planning can help you with good behaviours and being controlled with finances

Do you have any financial wellbeing questions you would like us to answer?  Or 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 – [email protected]

If you would like to purchase a copy of The Financial Wellbeing Book please click on this link to visit Penny Brohn UK shop

Win 1 of 5 FREE copies of “The Inspiratorium” from @TaswellHill  To enter, follow and give us a RT on Twitter!

• 5 Retweets will be picked at random to win a copy of “ The Inspiratorium ” by Anthony Tasgal
• Winners will be asked to supply a postal address, details will only used to post prize
• Competition closes midnight 22/02/2020

Episode 57 – A Christmas Special

It’s that time of year again – The guys have a festive episode of the podcast for you, featuring real dice and sketchy crackers! Join Chris, David and Producer Tommo as they pull a few crackers and play a few games with a financial twist.

Ho Ho Ho – Welcomes and introductions

Why the new location? – Cheers Parmenion

News on the next Financial Wellbeing Conference

www.ifw.org.uk

What is this podcast all about –

A typical Christmas day, pulling a few crackers and playing a few games

(Note from Editor Tammy – the Ovation Team have been working hard this festive season!)

Christmas Crackers with a financial twist

Christmas tree tip from Steve Gazzard

Christmas toy tip from Tom Orchard

Christmas Games

Episode 21: Financial Capability with Neil Bage

What does Producer Tommo do with £20 from Chris?

• Highlighting loss aversion and endowment effect

Rolling the dice

• Highlighting attitude to risk and chasing a loss

3 Questions – play along with this one and compare your answers to David and Producer Tommo!

• Highlighting anchoring

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 interactions
• Place – aesthetics
• Power – your voice in community

Wellbeing by Rath & Harter

Five areas of wellbeing –

• Financial
• Career
• Social
• Physical
• Community

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 team
• Scout groups
• Governors/Trustees of schools
• Childline
• Helping army cadets
• Organise 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.

Use self-interest for a positive change –

• royalvoluntaryservice.org
• goodgym.org
• Chris 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 research
• Tools for financial advice
• Partnerships
• Events

Producer Tommo’s regional network – find out more, [email protected]

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 – 

Ovation Client Questions – What to do about investments with Brexit looming?

Tight Ass Tommo – Click here to visit ecosia.org 

Use your internet searches to plant trees

Nick Elston Interview

Money and anxiety

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

Testing Mark Twain’s theory “some of the worst things in my life never actually happened”

What else did Nick do to manage anxiety?

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?

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 – [email protected]

If you would like to purchase a copy of The Financial Wellbeing Book please click on this link to visit Penny Brohn UK shop

Episode 54 – Mental Wellbeing & Money

The guys take a canter around the subject of mental health in this episode of the Financial Wellbeing Podcast. Although Chris, David and Producer Tommo are not experts in mental health, they are in money. They stick to how financial issues effect mental wellbeing along with signposting for more information and further help. As ever there is the Ovation Client Question and #tightasstommo tips. This may be a tricky topic, but we urge you to stick with it and have a listen.

Welcomes & Introductions

What is this podcast all about? – Looking at how financial issues effect our mental health and wellbeing

Ovation Client Question’s – Income protection

Tight Ass Tommo – What happened to empathic customer service?

Money and mental health

Being in a mental state that makes it difficult to make decisions when it comes to money,

Chris and his muzzy head

You need to recognise the problem to do something about it.

Anxiety when there is more on the line

Talking about it helps, others have similar worries and you will find they are also struggling

Airport analogy – you are not alone, everybody has baggage

Chris and his dad’s bankruptcy

Do men find it more difficult to talk about their struggles?

We all struggle to talk about stresses as a result of societal pressures

Feeling in control of your finances, helps you feel in control of your life

Signposting

Financial Wellbeing comes from not having to think about money

Not enough people focus on the clear path to identifiable objectives

One thing people can do to manage and control anxiety that leads from money worries is to engage with your finances

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 – [email protected]

If you would like to purchase a copy of The Financial Wellbeing Book please click on this link to visit Penny Brohn UK shop

Episode 53 – The Financial Wellbeing Conference 2019

We have a bumper hour long episode for you from the Financial Wellbeing Conference. Chris, David and Producer Tommo, along with special guests, delivered a great message to fellow financial planners under the iconic wings of Concorde. The event was a fantastic way to share with others in the financial planning industry the message of putting happiness and wellbeing at the heart of everything you do. Whether you are a financial planner, want to know more about financial wellbeing and how to apply it to your finances, or just want a giggle with the legendary #tightasstommo money saving tip, this is the episode for you!

Welcomes and introductions

How the conference came about?

Big thank you to Parmenion for organising the conference.

The speakers at the conference; (click on names for more information)

What happens next? If you are interested in being a part of this get in touch – [email protected]

Panel Discussion from the conference

Introduction to the panel members

Tight Ass Tommo conference trips can be expensive!

Questions for the Panel

Thank you to those who supported the conference –

Parmenion

The Money Charity

C The World

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 – [email protected]

If you would like to purchase a copy of The Financial Wellbeing Book please click on this link to visit Penny Brohn UK shop