Career Choices Series Pt 2 - Finding the Right Fit

Finding Sanctuary

Blog post of this episode - Tap here!
Resources (courtesy of Alex Bechara):
https://moneysmart.gov.au/financial-advice/choosing-a-financial-adviser

https://www.fairtrading.nsw.gov.au/buying-products-and-services/buying-services/banking-and-finance/investment-and-financial-advice

https://www.service.nsw.gov.au/business/business-concierge-service

https://www.service.nsw.gov.au/transaction/find-a-financial-counsellor

https://ndh.org.au/financial-counselling/find-a-financial-counsellor/

https://www.ato.gov.au/businesses-and-organisations/preparing-lodging-and-paying/record-keeping-for-business/setting-up-and-managing-records/manage-your-business-cash-flow

Key Takeaways:

• Career Transition: Alex Bechara shares his experience of transitioning from a career in computer science to accounting, highlighting the importance of finding a fulfilling career.
• Economic Climate: Current financial pressures are causing significant anxiety for families, and economic downturns have pushed more people to seek financial help.
• Financial Education: Understanding personal finances, including income and expenses, is critical. Start by asking questions and seeking financial advice if needed.
• Emotional Impacts: Financial stress can strain family dynamics and relationships. It is crucial to have open conversations and seek support from loved ones and professionals.
• Community and Support: Utilizing community resources and support systems, like those offered by Hill Sanctuary House, can help alleviate financial stress and anxiety.

Notable Quotes:

1. "It's very hard to change and adapt...we do need to have the ability to assess and understand what can I do and what I can't do anymore." - Alex Bechara
2. "There is a huge misconception about who we are...living within our means is definitely a great way to start." - Alex Bechara
3. "Financial advice is a really good place to start, but it's also not the only tool out there...being educated enough to understand your current personal situation." - Alex Bechara
4. "Debt is a natural and normal thing now for a society. As long as we can keep up the payments, we should always bring our focus back to the family." - Eddie Reaiche

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