Insight

Borrowing Money, a trap or ongoing battle?

Published

2 months ago

April 11, 2023

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Avoiding the ‘Debt Trap’ and managing our money

The borrowing system is a trap that many of us fall into. We see a house we want to buy, a car we want to drive, or a vacation we want to take, and we don’t have the funds to pay for it. So we turn to borrowing money from banks and other financial institutions. But what we fail to realise is that once we borrow money, we are no longer in control of our finances. We become customers who are owned by somebody else, and they have authority over our finances.

The idea that borrowing money makes us trapped is not a new one, but it is one that we often overlook. When we borrow money, we are not just borrowing money, we are also agreeing to pay interest on that money. This interest can add up quickly and can make it difficult to get out of debt.

So how can we reframe the way we think about borrowing money? The first step is to understand that we are in a system that is designed to keep us in debt. Banks and financial institutions do not want us to pay off our loans and leave them. They want us to stay and borrow more and more money. This is because the more we borrow, the more interest they can charge us, and the more money they can make.

Related Topics:CASH Dr Steve Enticott Money matters savings Wealth

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Accelerating cybersecurity skills in the workforce

Published

8 hours ago

June 1, 2023

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The increasing demand for cybersecurity talent is ramping up to meet industry needs

The Australian cyber sector currently employs 26,500 people but increasing demand for talent means an estimated 30,000 jobs will need to be created by 2026 to meet industry needs. Globally, the cybersecurity industry projects a massive 3.5 million jobs will be unfulfilled by 2025.

Australia’s largest ASX listed cyber security company, Tesserent (ASX:TNT), is investing over $250,000 to develop cybersecurity talent from diverse backgrounds, age cohorts and genders to accelerate the future pipeline of talent in cybersecurity.

Tesserent’s CEO Kurt Hansen joined us to discuss how the free ‘100 Day Challenge’ program will help accelerate 100 participants in cybersecurity skills.

Insight

Our second brain

Published

2 days ago

May 30, 2023

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It has been described as the organ that heavily influences a person’s mood even more than the brain

It has been described as the organ that heavily influences a person’s mood even more than the brain – Your stomach.

Scientist have found that the gut behaves like a second brain to the body. So how does the brain impact your gut and mood?

Clayton Thomas, CEO & Founder of The ROOT Brands explains his thoughts as to how the brain can have an impact on your gut, which scientists call the “gut/brain axis connection”.

Harvard Medical School recently found that a person’s stomach or intestinal distress can be a cause of anxiety, stress or even depression. Other studies show people with mood disorders have a gut microbiome. Research has also shown that 50 percent of all dopamine and roughly 95 percent of all serotonin are produced in a person’s gut and both of these play a crucial role in a person’s mood.

The Green Edition is presented by The ROOT Brands – Inspiring Greatness with natural solutions for people to reach their highest and healthiest potential.

For all media inquiries, please get in touch here: tshuvah4u@yahoo.com.

Insight

The impacts of bad money mindsets

Published

6 days ago

May 26, 2023

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Bad money mindsets are leading people down a bad economic path, so how can you get your head in the financial game?

Money mindsets have the potential to lead people down a bad economic path, so how can you get your head in the financial game and break bad mindsets to turn it into a much more positive approach towards money?

CIA Tax’s Dr Steven Enticott describes a bad money mindset where someone’s always saying, “I’m really bad at money”, “I’m never going to be able to save money”.

However, this mindset can be changed with a few simple steps – to turn your attitude to turn your money habits around.

Money Matters is sponsored by CIA Tax.