S2 E15 Avenging The Christmas Bonus

The Swan Effect - Creating and Sustaining Your Financial Wellbeing

It's Episode 15 of Season 2 and with the end of the year fast approaching, Arthi and Malika prompt you to remember all the advice shared ahead of the festive or 'silly' season. In a fun twist, analogies from the cartoon comic Asterix and Obelix form the underlying basis of this episode (can you believe there was a Roman legionary called Christmasbonus!).

If you are lucky enough to receive a Christmas bonus or thirteenth cheque in November, it may be very tempting to immediately splurge this extra income on non-essentials. However, this might leave you feeling in the doldrums come 2024. The good news is that if you have been listening and implementing all the useful hacks provided since February, that bonus can be used smartly and effectively allowing your 2024 to begin with ease.

Malika and Arthi recap tips and tricks to enable you to be in a much better financial position. These include thinking ahead, using loyalty points, dining at home, sticking to your budget, shopping online, and recycling decorations.

Arthi reminds us about how to prioritise investments at this time of year and how to spend wisely.

Highlights from this episode's discussion:

• The do’s and don'ts when it comes to the festive season
• What to do if you are not prepared for this time of year?
• How you can be better prepared next year.
• Mindfully rewarding yourself for sticking to your budget
• Remember to Plan-Track-Plan (PTP)
• The questions posed at the end of 2022

And so much more!

Remember: “that small changes in behaviour and that the decisions we take with our money can really make a huge difference to our wealth”.
Stay on track to avenge you Christmas bonus from previous years, to secure you financial village into the future!

We would love to hear your views based on the concepts covered in this episode.

Do rate, write a review, and share with others.

This episode is proudly sponsored by Old Mutual Wealth.

Chapter

1. Advertisement: Old Mutual Wealth (00:00:00)

2. Introduction (00:01:42)

3. About Arthi Rabikrisson & Malika Peterson (00:02:17)

4. Welcome Listeners! (00:03:26)

5. The Christmas Bonus (00:04:38)

6. Investment_We Cannot Say It Enough (00:07:30)

7. Revisiting The Tips & Tricks (00:09:36)

8. Tip #1 Creating The Pot (00:09:52)

9. Tip #2 Buy Gifts Year Round (00:10:27)

10. Tip #3 Loyalty Points (00:11:09)

11. Remember PTP (00:13:00)

12. Reviewing Your Spend (00:14:19)

13. Malika's Favourite Tip (00:15:27)

14. Wait 48 Hours! (00:17:41)

15. 2022 Question 1 (00:19:14)

16. 2022 Question 2 (00:20:38)

17. Arthi Is Only Human (00:22:00)

18. Marie Kondo Your Spend (00:24:13)

19. Malika's Parting Shot (00:25:36)

20. Arthi's Parting Shot (00:26:38)

21. Thank you Listeners! (00:28:10)