Your debts are costing your boss. 82% of workers are worrying about money during work hours.

Most of you are spending more than you earn. You’ve been taught how to spend money, not how to save money. So if you’re ‘status shopping’, buying to ‘keep up with the Joneses’, buying because you’re never satisfied with the things that you already have or spending money you don’t have on things that you don’t need, you’re probably living off credit cards and personal loans. You won’t believe how many people tell me that they are paying their multiple mortgages with their credit cards.

Things is. You’re not alone.

  • 82% of all full-time workers are worrying about their debts during work hours
  • 1 in 3 Australians are in really major financial stress.
  • 1 in 4 workers regularly stays awake at night worrying about their personal financial situation.

All of this has a major impact on performance at work the next day, it can also impact our colleagues/staff and it could have fatal safety implications in certain industries.

This is more than a distraction.

The impact on workplaces is huge. 39% of all workers are spending more than 2 hours each week thinking about their finances during work hours. 26% spend more than 3 hours a week, at work, thinking about their financial stress according to Map My Plan. Map My Plan commissioned a report, with market research undertaken by Newgate Research, on the state of financial wellbeing in Australia and the financial health of Australian workers to provide a deeper understanding of the issues affecting working Australians.

Personal debt is a major cost to Australian business. According to research and reports by Map My Plan it is a major productivity cost to Australian employers – equivalent to 9.55 per cent of each employees paid salary hours. Map My Plan reports suggest that across all of Australia’s employees this equates to over $60 billion dollars in working time lost to thinking about personal finances, paying bills, doing our banking or speaking with financial providers or advisers. Map My Plan say, and to put this in context, that 9.55 per cent is just slightly more than employers contribute to superannuation – one of our most important sources of long-term financial security. When Map My Plan analysed the data by type of employer, they found government organisations are losing just over $14 billion in productivity across their 2.4 million employees, with an average annual cost of $5,749.15 per staff member. Private companies, partnerships and listed companies are losing $40.5 billion annually.

I didn’t buy anything new or 2nd hand in 2014 and saved $52,580 (38% of my salary). I quit impulse shopping and saved my money. I changed my spending and transformed my savings. It started as a lifestyle experiment, but it changed my life, so I kept on going.

I help men & women – people like you – break the habit of impulse shopping and save their money through my Underspent book, talks, workshops, online program’s and weekly blog+video. The Underspent mission is to give every man and women in Australia, America and the UK the opportunity to break the habit of impulse shopping and save their money so that they are debt-free, stress-free and mortgage-free.

Debt-free, Stress-free and Mortgage-free.

Here my 3 solutions so that you can be debt-free, stress-free and you – and your colleagues – don’t have to spend hours of time worrying about money during work hours.

  1. Do a 1 week Reality Check – For the following week, keep a shopping, buying and money diary (in an old notebook). Write down information about every single item that you buy, and the price, and record: the time of day that you went shopping, what you went to the shops to buy, why you went shopping and what you actually bought and arrived home with. You’ll soon discovered it is very easy to go to the shops after work to buy milk, and to get home with milk, a magazine, shampoo, chocolates and a bunch of flowers!
  2. Set your financial goals and priorities for 2018 – Ask yourself to finish this sentence: ‘If I really wanted to, I could___________’ In 2014 I set myself a goal to save one quarter (25 per cent) of my annual salary and to save money for one big experience, a horse riding holiday. I also created a number of smaller goals for the twelve months. What are your financial goals for 2018? What are your priorities? What do you want to be able to afford in 2018? (Check out the templates on page 63 of the Underspent book).
  3. Stop using your credit card – I carry cash. I stopped using my credit and debit cards. I locked my credit card in a drawer at home (for emergency purposes only) and I carry cash instead.

VIDEO BLOG – Your debts are costing your boss. 82% of workers are worrying about money during work hours. 3 tips to be in the 18%!!

What next? How can you break the habit of impulse shopping and save your money? How can you get involved?

Buy the Underspent book, $2.99 or $12.95 available in paperback, e-book, iBook and Kindle formats from all online bookstores and most Dymocks and QBD bookstores as well as Folio Books in Mary Street, Brisbane CBD. Buy a signed paperback copy direct from me via

Underspent Talk – Rachel will share how she quit impulse shopping & saved $52,680 in 12 months. She’ll share the 7 sticking points and the 7 Underspent steps. 1 hour

Underspent Talk & Financial Wellbeing Workshop – After an Underspent talk Rachel will show and teach you how to implement the 7 steps in the Underspent book. 2 hours. Workbooks included.

Back to Basics ‘Learn to’ Workshops – 5 different workshops: Learn how to: 1) Identify your passions and priorities. 2) Make a budget and sort your banking. 3) Get people in place to help & have fun. 4) Inspect, assess & organise your stuff. 5) Use everything you already have. Community centres, groups, libraries, banks, accountants, workplaces & schools love hosting these 2 hour workshops. Workbooks included.

5 day $5 Underspent Challenge – The perfect place to start your Underspent journey. Understand your spending & debts, identify your dreams and make a budget, a Spending & a Savings Plans. 15-30 minutes a day for 5 days.

Underspent Playbook DIY – Break your habit of Impulse shopping. Work at your own pace. (Complete typically in 10-30 hours) Workbook + 10 tutorials/audios. Implement the 7 steps using 15 behaviour change principles.

Underspent Playbook with Rachel – The only real solution to break the habit of impulse spending. Work at your own pace PLUS 1o x 1 hour private support sessions with Rachel (in person or phone/Skype).Workbook plus 10 tutorials/audios. Implement the 7 Underspent steps using the 15 behaviour change principles.

Support group – Monthly support for those who want to break their habit of Impulse shopping and save their money. FREE