In this episode, I talk about what doesn’t really get talked about as much when it comes to good money management and living a financially free life.
Conventional ideas about being good with money focuses on how to cut your spending or stick to a budget. These operate from what’s called a ‘scarcity’ approach - the idea that money will ‘run out’. Even investing and saving stems from this fear that if we don’t invest and save, we won’t have enough for later because we’ll run out.
While having healthy money habits such as not being reckless with our spending is important, what we can do more of is to also pay attention to how we can make more, because there’s only so much you can save and cut.
The first step to making more is to master ourselves, particularly our mindset about how we see our own value. Without recognizing your own value, how are you ever going to convince and demonstrate to others your value to them, so that they will pay you more?
Embracing a more abundant perspective to your life and yourself is how you can start to acknowledge your own inherent value and look at how you can continuously grow to increase your value to others and ultimately, make more.
Why continuing in a scarcity way of life is limiting and unsustainable in the long run.
My 3-Step Approach to Cultivating an Abundant Mindset to see the value in yourself - a critical first step before you can create value for others and therefore make more.
Ramit Sethi’s website and New York Times bestselling book.
Download the worksheet to my 3-Steps to Cultivate an Abundant Mindset so that you can increase your own value and sense of self-worth to take the actions to get the outcomes you want.
If you liked what you heard, please sign up to my mailing list to receive updates about new podcast episodes, free training and courses to learn more about your psychology and relationship with money, and how to implement practical, grounded actions to live a life you love and be financially free.
I’m super excited to launch my RISE Programme. This is an online course to help you master your mindset and relationship with money so that you can take the right actions to be financially free! Register here to be notified when it is released and to hear more about it!
Receive free updates with fresh content and all new guests.
SHARON SIDHU The Financially Free Woman Podcast Host
ABOUT SHARON & THE FINANCIALLY FREE WOMAN PODCAST
The Financially Free Woman Podcast was launched in November 2020 during the COVID-19 pandemic to share the stories of everyday people making a living doing what they love. While training her students in leadership and mental resilience, Sharon noticed the rising level of financial stress and anxiety experienced by many of her students. It dawn on Sharon that this was an opportunity for her to share how she overcame her own financial anxieties triggered by her personal experience with a 6-figure business debt and being let go from her job as the family's primary breadwinner. She began sharing everything she learned about mastering not just the practical side of money but also her mindset around money. Through this work, Sharon began meeting and building a community of women creating and living their dream lives. The Financially Free Woman Podcast is a collection of stories, practical tips and strategies to help you discover your passions, and use them to make a lucrative living. Imagine a life where you spend your time doing what you love and getting paid well for it! That's exactly what these women featured on the podcast are doing and they tell you how! Get inspired and start creating your own your dream life!
SEE ALL PREVIOUS EPISODES
See previous episodes by selecting your preferred options below!