Babytalk: Budgets Don't Work – Babytalk – ABC News

Who wants to talk about money right now? Money and budgets may be the topic that makes you feel worse than almost anything else. Relationships Australia says money is what we’re most likely to be fighting about at home.

But we do need to be talking about budgets and where our money is going. The Covid-19 situation has made it clear that we live in a fragile world where a safety net is not guaranteed.

The special Australian Government funding packages and free childcare are about to come to an end in less than 90 days and we need a plan.

For most couples the first financial crisis is when you find out that you’re going to have a baby and you have to start planning for the future whether you’re ready or not.

Melissa Browne is a woman with some serious financial credentials, she’s a financial columnist and has talked saving and investing for years. Melissa believes that people need to know how they relate to money to make the best plans for their future. Her new book ‘Budgets Don’t Work’ explains how people’s money personality can influence the way they deal with money.

In this week’s Babytalk podcast Melissa Brown will talk through some strategies for getting through this current crisis. How different ways of dealing with money can create conflict in families and what we need to make sure our finances don’t take more of a hit than they need to.

Next week on the Babytalk podcast we’ll have an episode dedicated to the Australian Government assistance programs for families. The stimulus payments, childcare arrangements, job keeper, job seeker and tax packages. If you have a question about how these payments or deductions might be able to help your family can you send your questions to the Babytalk Facebook Group.

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