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‘I’m worth millions but I still fret about money’

Money mindsets are established early in life and can lead to poor financial decision-making, but there are ways to reframe your approach.

Joanna MatherWealth editor

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Entrepreneur Stephen Pastor recalls his parents fighting about money because “there was never enough”.

“You didn’t know where it was coming from or when it would come, if at all,” he says. It is one of the reasons Pastor still defaults to what he describes a “scarcity mindset”.

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Joanna Mather
Joanna MatherWealth editorJoanna Mather joined the AFR as an education reporter in 2008. She spent four years in the Canberra press gallery before becoming superannuation reporter in 2016, deputy news director in 2021 and wealth editor in 2023. Connect with Joanna on Twitter. Email Joanna at jmather@afr.com

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