-
Latest Posts on Taming the Pound
Author Archives: Kim Stephenson
Financial Triage and Concierge
After working with Toynbee Hall for a while, my ideas about how to help people to manage money came together in a new form – which we’ve started to promote with those helping those who are “financially unhealthy”. Here’s … Continue reading
Posted in Articles, Basic concepts
Comments Off on Financial Triage and Concierge
How can we teach financial capability
This is a companion piece to “What’s the problem with financial capability?” There I suggested some issues with the practice of teaching financial capability. Here I cover questions asked about how to implement the ideas, and objections to changing … Continue reading
What’s the problem with financial capability?
It sounds easy to teach – just teach financial skills. So why doesn’t that work? A few reasons. We think of financial capability. But finance is only one tool in life, there are many others. There’s making good … Continue reading
Financial ignorance
I was surprised how simple the questions described in this research were. But the most surprising thing is how much difference they claim some basic financial facts would make, as in the quote: “Lusardi and Mitchell found that … Continue reading
Dealing with debt
Another headline about debt recently was how 4 million people owe almost £130 on their energy supplies. Do you think that people decided to owe money? Apparently a third owe more than they did a year … Continue reading
Investment advice
Why do people keep giving financial advice that is biased and omits vital details? I read an article in the Financial Mail on Sunday. It’s not exactly a professional journal, but it reaches a lot of people and, sadly, a … Continue reading
Posted in Current financial events
1 Comment
Too much month, not enough money
Generally, the more “right wing” our economic/political view, the more likely we are to regard money as being a reward for effort and talent, the more “left wing” the more we may be suspicious of the effects of money. … Continue reading
Posted in Current financial events
Leave a comment
Pensions: are pensioners adults?
There has been a lot about pensions since the budget bombshell, particularly in the financial press. George Osborne plans to allow savers to take their entire pension pot as cash when they reach age 55. He … Continue reading
Posted in Current financial events
Leave a comment
No-nup or no brain?
There was a piece in the Evening Standard the other day about agreements for co-habiting couples, a “no-nup” (equivalent to the “pre-nuptial” agreement of married couples). The theory seems to be that it’s a sensible idea. Maybe, but I … Continue reading
Posted in Couples, Current financial events
Leave a comment
Mindfulness, happiness and finance.
It looks as if the UK military are catching up with the US marines. According to the Sunday Times, senior military personnel are being taught “happiness” lessons and meditation. The inverted commas indicate that there is still a … Continue reading
Posted in Current financial events
Leave a comment
