The content of this conversation is general information and for educational purposes only. Nothing contained in it is, or is intended to be construed as financial, tax or legal advice. You should, before you act or use any of this information, consider the appropriateness of this information having regard to your own financial situation and requirements. And seek advice from suitably qualified professional before making any financial decisions.

So, you're a Money Monk. What does that mean?

As a Money Monk, you harbour an adversarial relationship with money, viewing it as tainted, corrupting, perhaps even the root of all evil. You tend to admire individuals of modest means, believing that wealth can lead to negative outcomes and overshadow positive human, political, or spiritual ideals that you hold dear.

While holding strong convictions is commendable, it's crucial to find a balanced perspective on money that recognises its potential for positive impact and contribution to meaningful causes. Remember, money can be a force for good when used consciously and in alignment with your core values.

Watch the video for some tips for Money Monks to help with cost of living pressures.