Amanda Thompson on financial planning
From Amanda Thompson Live Book Launch - Dean Publishing · · Dean Publishing
“Affordable access to financial planning is quite hard to come by in Australia, so my book aims to provide general financial planning concepts and money confidence without the need to commit large sums of money to a financial planner.”
On , Amanda Thompson, Executive Vice President & Chief People Officer at GAP INC, spoke about financial planning during Amanda Thompson Live Book Launch - Dean Publishing on Dean Publishing.
About Amanda Thompson
In September 2023, Amanda Thompson launched her book *Financially Fit Women: How to Be Your Own CFO*. During a book launch event, Thompson stated that she had a heart attack at age 34, which she described as a "classic burnout from work" and a pivotal moment that led her to start her own business. She said the book aims to provide general financial planning concepts and money confidence, addressing what she described as a significant gap in financial literacy and security for women, including pay gaps and superannuation balances. Thompson described the book as a "self-development, creative goal-setting, and educational book" rather than solely a finance book. She said she prefers the term "spending plans" over "budgets" because budgeting has a negative connotation, and she suggested that tying financial goals to personal and emotional reasons creates stronger motivation. Thompson also noted that affordable access to financial planning is difficult to obtain in Australia and that the book is intended to be accessible without requiring large sums of money for a financial planner.