Why financial stress could be hurting your career

Each week the NZ Herald and Newstalk ZB's Cooking the Books podcast tackles a different money problem. Today, it's how your workplace could be helping with your money. Hosted by Frances Cook.<br /><br />Money and work are clearly closely linked, but we don't always talk about how one can hold you back from the other. <br /><br />Financial worries are a big problem in New Zealand, with research from the Commission for Financial Capability showing that 69 per cent of us are concerned about money. That's a clear majority.<br /><br />The impacts are wide-ranging, including creating problems in our personal relationships, or some people feeling physically ill. <br /><br />But the stress about money can also hurt our ability to make it, with a worrying 10 per cent of people between 18 and 34 taking regular days off work to deal with money problems. <br /><br />Other people are spending hours at work trying to fight personal financial fires, or are less productive because they're so stressed. <br /><br />Clearly this is impacting lots of us – so should employers step up to help, and how could they do it? <br /><br />For the latest Cooking the Books podcast I talked to Nick Thomson from the Commission for Financial Capability. <br /><br />We discussed how money stress can hurt your career, why they started the Sorted at Work programme, and whether employers should just be paying you more. <br /><br />If you have a question about this podcast, or question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here <a href="https://www.facebook.com/FrancesCookJournalist/" rel="noopener">https://www.facebook.com/FrancesCookJournalist/</a> Instagram here <a href="https://www.instagram.com/francescooknz/" rel="noopener">https://www.instagram.com/francescooknz/</a> and Twitter here <a href="https://twitter.com/FrancesCook" rel="noopener">https://twitter.com/FrancesCook</a>