12 months ago, the Australian Federal Government announced a stimulus that allowed Australians to access money from their superannuation accounts early. The intention behind this measure was designed to support people who were adversely financially affected by the unfolding pandemic.
When we talk about making a realistic Money Plan, we are not talking about some budget you write at the beginning of the year and then never look at (much like a New Year’s resolution). We are talking about a real plan for your money that you can stick with, because just like a diet, it’s not going to do you any good if you don’t actually stick with it.
I have been pondering a bit lately about happiness and in particular what does pursuing contentment and happiness have to do with money? Can money buy you happiness and if so, why are there miserable millionaires?
Money can’t buy you happiness, but it sure can buy you fun.
And we do. Australians spend $80.3 billion a year on recreation (the 4th highest area of weekly spending, only beaten by the essentials of housing, food, and transport).