December 3, 2024 • 21 mins
Why does financial success often fail to bring the emotional security we expect? In this episode, we explore the mindset shifts and nervous system recalibration needed to transform your relationship with money. Learn practical exercises to define your “enough,” track your progress, and truly feel the security your wealth represents. Perfect for high-achieving entrepreneurs ready to embrace peace and abundance.
Why you should listen:
- How Scarcity Mindset Limits You: Recognize how survival-mode thinking keeps you from feeling safe, even when your finances say otherwise.
- Why Financial Success Doesn’t Always Feel Secure: Uncover the hidden beliefs and nervous system responses that create a sense of "not enough."
- Practical Tools to Feel Financial Security: Learn exercises to calculate your runway, define your safety cushion, and make your wealth tangible.
Feeling stuck despite financial success? Tune in to uncover why financial success doesn’t always feel secure and how to change that.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
Hello there.
And welcome back to the jury.
HSA said podcasts.
I hope you had a restful fullbelly holiday weekend.
If you did any cyber Monday,black Friday sales baby, I hope
your Stripe account was tocheating back to back to back
touching.
Should shingling.
You get what I'm trying to say,But today's episode is for those
(00:23):
of you who have achieved, whatonce felt impossible, earning
good money, building financialsecurity, maybe even hitting
milestones you only dreamedabout.
And yet something steel fillsoff.
Do you ever look at your bankaccount?
You know, see the numbers add upand wonder why doesn't it feel
as secure as it should, or maybeyou've hit every major financial
(00:46):
goal you set for yourself, butthere's still a little voice in
the back of your mind sayingwhat if I lose it all?
And it just doesn't feel likeit's enough.
Where did the money go?
If you've ever felt this tensionbetween financial success on
paper and insecurity in yourheart and mind at this episode
is specifically for you.
We're diving into the reasonswhy money.
(01:07):
No matter how much you've made.
Doesn't always translate to afeeling of safety insecurity in
your body.
And more importantly, what youcan do to change that.
Here's what we're covered today.
How a scarcity mindset shows upin both your thoughts and your
body keeping you in a loop ofnot enough.
The hidden reasons why financialsuccess doesn't always feel
(01:29):
secure.
Even when it logically, should.
And practical, actionableexercises to help you shift your
mindset, calm your nervoussystem, and finally feel the
security you've worked so hardto build.
We'll also dive into thestories.
We don't often talk aboutpublicly, you know, the guilt
and uncertainty that can creepin, even when you're managing
(01:51):
your money responsibly.
I'll share my journey of makinga million dollars in profit in a
single year.
That was probably one of thewildest years of my business and
realizing that no amount ofmoney could fix the pressure and
insecurity.
I still felt.
And we'll talk about a client ofmine who is experiencing the
exact same sentiment, earningmore than she ever has, but
(02:12):
struggling to feel like it'senough.
By the end of this episode, myhope is that you'll have tools
to really transform and rethinkyour relationship with money
from something you fear, losingto something you can trust and
feel secure in.
So grab your tea, your journal,or maybe your heating pad,
because that's what I'm sittingon right now, while I record
(02:32):
this episode or whatever makesyou feel grounded and let's dig
into the real work of buildingfinancial peace.
To be totally honest with you.
Money mattered is so much to me.
It mattered a lot until I hadmade enough of it.
(02:55):
Before I took the leap intoentrepreneurship.
I was very intentional aboutbuilding a bridge.
I wasn't going to leave thesafety of my corporate
engineering job without a solidplan in place.
Partly because my grandma wouldhave tow up my tail if I had
dead, but I made sure I couldreplace my salary.
I made$150,000 on my own in thebusiness before I finally
(03:18):
decided to go full-time andentrepreneurship and leave
behind my good benefits and theprestige that comes with having
an engineering job.
At that point, I had achievedwhat my grandma had dreamed of
for me.
A steady salary.
Great benefits, stability.
But deep down, I knew there wassomething more for me.
So I took the plunge intorunning my own business full
(03:41):
time.
And then growth came fast.
Each year after that, my revenuedoubled the speed was
exhilarating, overwhelming, andsurreal all at once.
By my fifth year in business, Ihad made a million dollars in
profit in a single year.
Big P profit.
Okay.
I'm not just talking aboutrevenue.
From the outside.
(04:01):
I had everything, a boomingbusiness, more money than I had
ever dreamed of.
And the ability to createopportunities for others.
But here's the thing.
No one tells you.
And here's the thing that I didnot know.
Is even with all that moneysitting in the bank, a part of
me still did not feel safe.
The growth was fast.
(04:22):
But with the speed, it came thisimmense pressure.
I had accidentally became thebreadwinner.
The safety net for my family.
And despite the success, therewas a nagging feeling of
insecurity that money that justcouldn't fix.
And this isn't specificallyunique to me.
Like I recently spoke with aclient who had earned over
(04:44):
$400,000 this year, her highestincome yet.
She's done everything right withher money saving for her future,
maxing out her retirementaccounts.
Investing at her first home, andyet she feels stuck.
She told me I should have moreto show for this.
(05:05):
When we dig deeper and dugdeeper with her, we realized
that the problem wasn't in howshe managed her money, because
let's be honest, She wasincredibly responsible with her
finances.
We realized the problem wasn'tin how she managed her money,
but in how she was experiencingher new found wealth.
She wasn't allowing herself tofeel the rewards of her hard
(05:28):
work.
She still budgeted as if she wasin survival mode, afraid to let
go of a tight grip she'd had onher finances for so long.
And she didn't have a clearbenchmark to know if what she
was doing was quote, unquotegood or enough.
Okay.
So why do so many of usexperienced this feeling?
Even when the facts.
(05:49):
Say we're financially secure.
It often comes down to twothings, mindset and our nervous
system.
So let's get into the mindsetand beliefs aspect of it.
Many of us have a deeplyingrained scarcity mindset
because many of us grew up insurvival mode.
And it's the constant thoughtthat no matter how much we
(06:10):
achieve, no matter how much weearn or how matter, how much
money is sitting in the bank, nomatter how many raises or
promotions we get, no matter howbig the launches, it's never
enough.
Even when we've reached success,our minds will whisper, but what
if I lose it all?
And then there's a nervoussystem and safety aspect to all
of this, but it's not just inour head.
(06:32):
It's also in our body.
When we operate in survival modefor years, our nervous systems
adapt to a state of constantvigilance.
Even when we're financiallysecure on paper, our bodies may
still feel like they're bracingfor the next emergency.
This is why some of us stillfeel tight about spending money,
(06:53):
even when we've done everythingright.
And there's more than enough inthe bank for us to actually
experience the joy, the desireand the pleasures that we have.
And again, I'm no therapist.
And I'm not trying to sit hereand, you know, diagnose all of
us with this, with this label.
But I just, from someone who haspersonally experienced this and
really struggled with this in myown journey and having gone
(07:16):
through therapy and.
Getting some language to namewhat the emotional experience
was I was having was really,really empowering to me.
And I think too, like formyself, and I think something
similar with what my client hasbeen going through and what you
might be going through is thatwhen you've had to be the
responsible one, Make theresponsible decisions do the
responsible thing for so long.
(07:38):
When you start to experiencesuccess in the business and you
start to make all this money andall of the above, I think
sometimes we can focus on stillplaying that responsible role,
but we.
Typically lack giving ourselvespermission to open ourselves up,
to receive the joy and pleasurebecause we're so focused on
maintaining control and beingthe responsible player at hand.
(08:01):
I share all that because it'slike, you know how to be
responsible, but do you know howto celebrate?
Have you yet taught yourself howto indulge, how to.
Go buy the thing that you want,how to not keep pushing yourself
for more, but to feel thatsafety and security and
enoughness.
And that is something that hastaken me quite a lot of time and
(08:22):
a lot of.
Ed to intention to actually beable to learn how to do for
myself.
And we'll talk about this alittle bit more in the episode,
but the solution isn't.
To add more money to the pile.
Typically, you know, it's toaddress these deeper layers.
Retraining our nervous system tofeel secure in reshaping your
mindset to actually trust whatyou've built.
(08:43):
So, let me go back to thatclient.
I mentioned earlier, she feltguilty for spending.
Six figures on lifestyleexpenses this year.
Things like rent, groceries, andwith the cost of avocados and
olive oil bay.
A hundred thousand dollars doesnot go to the lengths that it
used to go.
And even, you know, just takingfamily trips and doing
(09:03):
vacations, like she was stillvery much living below her
means, but here's the thing.
She also was able to savesubstantial amount of her
income.
Which was absolutelyextraordinary.
And I think that this is what Isee happening with a lot of my
clients who kind of, um, really.
Relate to this topic is thatthey will stockpile their money.
(09:27):
They will live a lifestyle as ifthey are broke and on the
tightest budget possible, andthey will stockpile.
Tons of cash, almost likethey're screwed or something
from.
Um, what is that show from backin the day with Scrooge and the
other little ducklings?
I can't even think of the nameof the show right now, but that
is what they'll do.
And then they will have thisfeeling of, oh my gosh, I don't
(09:49):
have enough.
I'm hustling.
I'm working so hard.
Like.
I feel like I should have moreto show for it.
And I personally also deeplyrelate.
To that sentiment, but when webroke it all down, We realize
that her guilt wasn't comingfrom overspending.
It wasn't coming from this placeof being irresponsible.
It wasn't coming from notactually legitimately having
(10:11):
enough money, but it was comingfrom a lack of clarity on what
enough actually looked like forher.
And what she needed to feel safegiven where her nervous system
was, she was still carrying thebelief that she needed to do
more, save more and spend lessto feel secure, even though her
financial foundation was rocksolid.
(10:31):
Okay.
So one of the most powerful waysto shift from scarcity to
security.
When it comes to this financialrelationship dynamic that we're
talking about.
Is to make your wealth tangible.
I think too also is just tostart to accept this new
identity that you are somebodywho is a wealthy woman.
(10:52):
That you are somebody that hasmore than enough that you are
somebody that.
You know, has an overflow inabundance.
And I think that even justseeing what comes up for you
when you name that identity,when you put that identity on
yourself, Like, how does it feelto say that I am a millionaire?
How does it feel to say I havesix figure sitting in a bank
(11:13):
account?
How does it feel to say I havemore than enough every single
month?
And when you put that identityon yourself, one maybe evaluate
whether or not that is yourcurrent truth.
And maybe you're just notclaiming it.
Even if it's something that youaspire to be really start to pay
attention to, what are thebeliefs, the feelings, the
bodily reactions that you havewith assuming that identity.
(11:37):
Okay.
The other way to really makeyour wealth tangible is when you
see your numbers, clearly what'scoming in.
What saved what's invested.
You can begin to feel thesecurity that you've built.
So one of the biggest thingsthat helped me feel secure was
getting super clear.
On my numbers and creating alevel of visibility for me
around my finances.
(11:59):
Knowing exactly what I have andwhere I stand financially helped
me shift my mindset and feel thesecurity I had been looking for.
And that literally meant forquite a long time, that
sometimes when I was feelingsuper overwhelmed or feeling
like I just didn't have enough,all I had to do was pull up my
net worth spreadsheet andactually look at it or open up
my bank account and just belike, Hmm, the money's still
(12:20):
there.
Like you are more than safe.
Sometimes I would just need tolike run my financial models in
my projections just to be like,okay, You have more than enough,
your runway is clear.
All of that, but let me walk youthrough a few exercises.
That can help you do the exactsame.
So one is actually calculateyour runway.
And what I mean by that is ifyou didn't make another dollar
(12:41):
starting today, Based oncommitted revenue to be
collected and money in the bank.
How long could you sustainyourself?
What does that runway look like?
And how does it feel for you?
The reason why I recommend thatyou do this is so that you one
know what your burn rate isactually know.
What are your fixed lifestyleand business expenses.
(13:03):
How much do you actually need tomake, to cover what you need
right now for day to day?
And just get clear on what yourcurrent present state is.
And based off of how much moneyyou have coming in, how much
money you have committed, howmuch money you have saved, what
is your runway like?
What type of, you know,financial security currently
exists for you?
(13:25):
And really seeing that timelineand being able to actually
visualize it.
Look at those numbers on papercan often create a sense of
relief and spaciousness.
Showing you how far you'vealready come and how safe you
actually are.
If that gap is not where youwant it to be, it also gives you
very clear, realistic in realtargets versus your fear taking
(13:48):
over and really amplifying asituation that may or may not be
as big as what your emotions cancreate.
The second exercise that I'drecommend is identified the
unreal money.
And what I mean by that is, islook at the money you've earned,
saved, or invested, but you'retreating it.
Like it's not real.
(14:09):
Because I know you are probablydoing that.
I know.
And if you're not, I've had somany people share this with me
of like, oh, that money didn'tcount.
You know, maybe it's money setaside for retirement for maybe a
house down payment for awedding.
Um, whatever it is, that's justmaybe sitting in a savings
account, but I want you to askyourself how much is really
there.
(14:30):
And what are you not counting asreal money?
You know, for so many of us,once we quantify this unseen or
unrealized money, it becomesclear that we're probably a lot
more safe and secure than we aregiving ourselves credit for.
The third thing that you can dois determine your safety
cushion.
Now, this is going to lookdifferent from person to person,
(14:52):
but it's important for you toknow, like, what is your risk
tolerance?
And what do you need to actuallyfeel safe?
And I want you to think aboutwhat type of savings would allow
you to exhale, to feel calm.
To, you know, Unclench thosebutt cheeks that are probably
tight into release your jawmuscles, like just to relax.
(15:12):
Is it three months, six months,one year.
Like, I want you to start bydefining what enough actually
looks like to you.
And break down exactly how muchthat number is.
Seeing that number can provide arealistic target.
Rather than this endless pursuitof more unnecessarily.
The last exercise I'd recommendthat you do is actually review
(15:34):
your longterm investments.
Uh, take a look at yourlong-term accounts.
If you didn't contribute anotherdollar to your 401k, your IRA,
your stock and brokerageaccount, whatever it might be
based on an average compoundingand growth rates, how much would
be there at the age that youideally would like to quote
unquote retire or either justreduce.
(15:55):
Your reliancy on having to work.
And if you want to add to it,calculate the minimum.
Annual contribution to reach anumber that feels secure.
Often the pressure to performeases.
When we see that reaching thatnumber, isn't as intense as we
thought.
Whenever I do this exercise withclients.
(16:17):
And they often realize theyalready have what they need or
that the extra is so attainablethat the pressure isn't
necessary anymore.
It can completely shift how theyapproach launch goals or
business growth because theirgoals start coming from a place
of possibility, spaciousness,and enoughness rather than
scarcity and fear.
(16:38):
So let's take a moment to kindof reflect and pull all this
together.
Where do you feel financialdistress in your actual body?
When money problems start tocome up, start to pay attention
to where you actually.
Feel it in your body.
Are your shoulders tight?
Is it in your lower back?
Like the reason why I'mrecommending this is just so
that you can start to get out ofyour head and get into your body
(16:58):
and have that experience andkind of notice what's coming up
for you.
What's one way you canexperience your wealth this
week.
Whether it's treating yourselfupgrading a part of your life,
or simply just acknowledging howfar you've come.
You know, we worked so freakinghard to build these businesses,
become these entrepreneurs, run.
These businesses, serve theseclients.
(17:19):
Like you.
You know, typically, like whenyou, if you were working this
hard in a normal nine to fivejob, you'd have a boss or a peer
or somebody that would say, Hey,you're doing a good job.
Hey, let's go celebrate that,that major promotion that you
just got, or just like, Hey, Inoticed you, I see the good work
that you're doing.
Keep it up.
When you're running your ownbusiness, you don't have that
(17:40):
outside validation or justsomebody else to just recognize
you.
And so we have to do that.
So let me take a moment first torecognize you because you are
doing a damn thing.
And I'm going to say it like itis.
The effort you have putting inis not going unnoticed.
You are doing a great job andyou absolutely deserve to
celebrate how far you've comeand the progress that you have
(18:01):
made.
So just think about how can youexperience the wealth that
you've already created foryourself?
How can you celebrate and baskin the joy of the answered
prayers that you're currentlyliving in this week?
And lastly, if you knew you werealready secure, how would you
approach your money goals andgrowth goals differently?
And I think that as we're cominginto the new year, or as you're
(18:25):
maybe doing some planning forthe business, Kind of
formulating and getting a reallyclear picture of where your
financials are, where youremotional nervous system is in
relation to the wealth that youhave created and are in the
process of creating can reallyhelp anchor you and ground you
when it comes to setting growthgoals for the business, moving
forward.
Okay.
So I want to really close outthis episode with an affirmation
(18:48):
that I have been reading tomyself lately, whenever I'm
having these thoughts and kindof struggling with my own
enoughness when it comes tomoney.
So repeat after me.
My wealth is secure and I amsafe in the success.
I've built.
My wealth is secure and I amsafe in the success.
(19:11):
I've built.
Remind your body, not just yourmind that you are safe.
Thank you for joining me today.
And for listening to thisepisode, here's to building not
just financial security, but alife of peace and significance.
I can't wait to chat with you inthe next episode.
Hello there.
And welcome back to the jury.
HSA said podcasts.
I hope you had a restful fullbelly holiday weekend.
If you did any cyber Monday,black Friday sales baby, I hope
your Stripe account was tocheating back to back to back
touching.
Should shingling.
You get what I'm trying to say,But today's episode is for those
(00:23):
of you who have achieved, whatonce felt impossible, earning
good money, building financialsecurity, maybe even hitting
milestones you only dreamedabout.
And yet something steel fillsoff.
Do you ever look at your bankaccount?
You know, see the numbers add upand wonder why doesn't it feel
as secure as it should, or maybeyou've hit every major financial
(00:46):
goal you set for yourself, butthere's still a little voice in
the back of your mind sayingwhat if I lose it all?
And it just doesn't feel likeit's enough.
Where did the money go?
If you've ever felt this tensionbetween financial success on
paper and insecurity in yourheart and mind at this episode
is specifically for you.
We're diving into the reasonswhy money.
(01:07):
No matter how much you've made.
Doesn't always translate to afeeling of safety insecurity in
your body.
And more importantly, what youcan do to change that.
Here's what we're covered today.
How a scarcity mindset shows upin both your thoughts and your
body keeping you in a loop ofnot enough.
The hidden reasons why financialsuccess doesn't always feel
(01:29):
secure.
Even when it logically, should.
And practical, actionableexercises to help you shift your
mindset, calm your nervoussystem, and finally feel the
security you've worked so hardto build.
We'll also dive into thestories.
We don't often talk aboutpublicly, you know, the guilt
and uncertainty that can creepin, even when you're managing
(01:51):
your money responsibly.
I'll share my journey of makinga million dollars in profit in a
single year.
That was probably one of thewildest years of my business and
realizing that no amount ofmoney could fix the pressure and
insecurity.
I still felt.
And we'll talk about a client ofmine who is experiencing the
exact same sentiment, earningmore than she ever has, but
(02:12):
struggling to feel like it'senough.
By the end of this episode, myhope is that you'll have tools
to really transform and rethinkyour relationship with money
from something you fear, losingto something you can trust and
feel secure in.
So grab your tea, your journal,or maybe your heating pad,
because that's what I'm sittingon right now, while I record
(02:32):
this episode or whatever makesyou feel grounded and let's dig
into the real work of buildingfinancial peace.
To be totally honest with you.
Money mattered is so much to me.
It mattered a lot until I hadmade enough of it.
(02:55):
Before I took the leap intoentrepreneurship.
I was very intentional aboutbuilding a bridge.
I wasn't going to leave thesafety of my corporate
engineering job without a solidplan in place.
Partly because my grandma wouldhave tow up my tail if I had
dead, but I made sure I couldreplace my salary.
I made$150,000 on my own in thebusiness before I finally
(03:18):
decided to go full-time andentrepreneurship and leave
behind my good benefits and theprestige that comes with having
an engineering job.
At that point, I had achievedwhat my grandma had dreamed of
for me.
A steady salary.
Great benefits, stability.
But deep down, I knew there wassomething more for me.
So I took the plunge intorunning my own business full
(03:41):
time.
And then growth came fast.
Each year after that, my revenuedoubled the speed was
exhilarating, overwhelming, andsurreal all at once.
By my fifth year in business, Ihad made a million dollars in
profit in a single year.
Big P profit.
Okay.
I'm not just talking aboutrevenue.
From the outside.
(04:01):
I had everything, a boomingbusiness, more money than I had
ever dreamed of.
And the ability to createopportunities for others.
But here's the thing.
No one tells you.
And here's the thing that I didnot know.
Is even with all that moneysitting in the bank, a part of
me still did not feel safe.
The growth was fast.
(04:22):
But with the speed, it came thisimmense pressure.
I had accidentally became thebreadwinner.
The safety net for my family.
And despite the success, therewas a nagging feeling of
insecurity that money that justcouldn't fix.
And this isn't specificallyunique to me.
Like I recently spoke with aclient who had earned over
(04:44):
$400,000 this year, her highestincome yet.
She's done everything right withher money saving for her future,
maxing out her retirementaccounts.
Investing at her first home, andyet she feels stuck.
She told me I should have moreto show for this.
(05:05):
When we dig deeper and dugdeeper with her, we realized
that the problem wasn't in howshe managed her money, because
let's be honest, She wasincredibly responsible with her
finances.
We realized the problem wasn'tin how she managed her money,
but in how she was experiencingher new found wealth.
She wasn't allowing herself tofeel the rewards of her hard
(05:28):
work.
She still budgeted as if she wasin survival mode, afraid to let
go of a tight grip she'd had onher finances for so long.
And she didn't have a clearbenchmark to know if what she
was doing was quote, unquotegood or enough.
Okay.
So why do so many of usexperienced this feeling?
Even when the facts.
(05:49):
Say we're financially secure.
It often comes down to twothings, mindset and our nervous
system.
So let's get into the mindsetand beliefs aspect of it.
Many of us have a deeplyingrained scarcity mindset
because many of us grew up insurvival mode.
And it's the constant thoughtthat no matter how much we
(06:10):
achieve, no matter how much weearn or how matter, how much
money is sitting in the bank, nomatter how many raises or
promotions we get, no matter howbig the launches, it's never
enough.
Even when we've reached success,our minds will whisper, but what
if I lose it all?
And then there's a nervoussystem and safety aspect to all
of this, but it's not just inour head.
(06:32):
It's also in our body.
When we operate in survival modefor years, our nervous systems
adapt to a state of constantvigilance.
Even when we're financiallysecure on paper, our bodies may
still feel like they're bracingfor the next emergency.
This is why some of us stillfeel tight about spending money,
(06:53):
even when we've done everythingright.
And there's more than enough inthe bank for us to actually
experience the joy, the desireand the pleasures that we have.
And again, I'm no therapist.
And I'm not trying to sit hereand, you know, diagnose all of
us with this, with this label.
But I just, from someone who haspersonally experienced this and
really struggled with this in myown journey and having gone
(07:16):
through therapy and.
Getting some language to namewhat the emotional experience
was I was having was really,really empowering to me.
And I think too, like formyself, and I think something
similar with what my client hasbeen going through and what you
might be going through is thatwhen you've had to be the
responsible one, Make theresponsible decisions do the
responsible thing for so long.
(07:38):
When you start to experiencesuccess in the business and you
start to make all this money andall of the above, I think
sometimes we can focus on stillplaying that responsible role,
but we.
Typically lack giving ourselvespermission to open ourselves up,
to receive the joy and pleasurebecause we're so focused on
maintaining control and beingthe responsible player at hand.
(08:01):
I share all that because it'slike, you know how to be
responsible, but do you know howto celebrate?
Have you yet taught yourself howto indulge, how to.
Go buy the thing that you want,how to not keep pushing yourself
for more, but to feel thatsafety and security and
enoughness.
And that is something that hastaken me quite a lot of time and
(08:22):
a lot of.
Ed to intention to actually beable to learn how to do for
myself.
And we'll talk about this alittle bit more in the episode,
but the solution isn't.
To add more money to the pile.
Typically, you know, it's toaddress these deeper layers.
Retraining our nervous system tofeel secure in reshaping your
mindset to actually trust whatyou've built.
(08:43):
So, let me go back to thatclient.
I mentioned earlier, she feltguilty for spending.
Six figures on lifestyleexpenses this year.
Things like rent, groceries, andwith the cost of avocados and
olive oil bay.
A hundred thousand dollars doesnot go to the lengths that it
used to go.
And even, you know, just takingfamily trips and doing
(09:03):
vacations, like she was stillvery much living below her
means, but here's the thing.
She also was able to savesubstantial amount of her
income.
Which was absolutelyextraordinary.
And I think that this is what Isee happening with a lot of my
clients who kind of, um, really.
Relate to this topic is thatthey will stockpile their money.
(09:27):
They will live a lifestyle as ifthey are broke and on the
tightest budget possible, andthey will stockpile.
Tons of cash, almost likethey're screwed or something
from.
Um, what is that show from backin the day with Scrooge and the
other little ducklings?
I can't even think of the nameof the show right now, but that
is what they'll do.
And then they will have thisfeeling of, oh my gosh, I don't
(09:49):
have enough.
I'm hustling.
I'm working so hard.
Like.
I feel like I should have moreto show for it.
And I personally also deeplyrelate.
To that sentiment, but when webroke it all down, We realize
that her guilt wasn't comingfrom overspending.
It wasn't coming from this placeof being irresponsible.
It wasn't coming from notactually legitimately having
(10:11):
enough money, but it was comingfrom a lack of clarity on what
enough actually looked like forher.
And what she needed to feel safegiven where her nervous system
was, she was still carrying thebelief that she needed to do
more, save more and spend lessto feel secure, even though her
financial foundation was rocksolid.
(10:31):
Okay.
So one of the most powerful waysto shift from scarcity to
security.
When it comes to this financialrelationship dynamic that we're
talking about.
Is to make your wealth tangible.
I think too also is just tostart to accept this new
identity that you are somebodywho is a wealthy woman.
(10:52):
That you are somebody that hasmore than enough that you are
somebody that.
You know, has an overflow inabundance.
And I think that even justseeing what comes up for you
when you name that identity,when you put that identity on
yourself, Like, how does it feelto say that I am a millionaire?
How does it feel to say I havesix figure sitting in a bank
(11:13):
account?
How does it feel to say I havemore than enough every single
month?
And when you put that identityon yourself, one maybe evaluate
whether or not that is yourcurrent truth.
And maybe you're just notclaiming it.
Even if it's something that youaspire to be really start to pay
attention to, what are thebeliefs, the feelings, the
bodily reactions that you havewith assuming that identity.
(11:37):
Okay.
The other way to really makeyour wealth tangible is when you
see your numbers, clearly what'scoming in.
What saved what's invested.
You can begin to feel thesecurity that you've built.
So one of the biggest thingsthat helped me feel secure was
getting super clear.
On my numbers and creating alevel of visibility for me
around my finances.
(11:59):
Knowing exactly what I have andwhere I stand financially helped
me shift my mindset and feel thesecurity I had been looking for.
And that literally meant forquite a long time, that
sometimes when I was feelingsuper overwhelmed or feeling
like I just didn't have enough,all I had to do was pull up my
net worth spreadsheet andactually look at it or open up
my bank account and just belike, Hmm, the money's still
(12:20):
there.
Like you are more than safe.
Sometimes I would just need tolike run my financial models in
my projections just to be like,okay, You have more than enough,
your runway is clear.
All of that, but let me walk youthrough a few exercises.
That can help you do the exactsame.
So one is actually calculateyour runway.
And what I mean by that is ifyou didn't make another dollar
(12:41):
starting today, Based oncommitted revenue to be
collected and money in the bank.
How long could you sustainyourself?
What does that runway look like?
And how does it feel for you?
The reason why I recommend thatyou do this is so that you one
know what your burn rate isactually know.
What are your fixed lifestyleand business expenses.
(13:03):
How much do you actually need tomake, to cover what you need
right now for day to day?
And just get clear on what yourcurrent present state is.
And based off of how much moneyyou have coming in, how much
money you have committed, howmuch money you have saved, what
is your runway like?
What type of, you know,financial security currently
exists for you?
(13:25):
And really seeing that timelineand being able to actually
visualize it.
Look at those numbers on papercan often create a sense of
relief and spaciousness.
Showing you how far you'vealready come and how safe you
actually are.
If that gap is not where youwant it to be, it also gives you
very clear, realistic in realtargets versus your fear taking
(13:48):
over and really amplifying asituation that may or may not be
as big as what your emotions cancreate.
The second exercise that I'drecommend is identified the
unreal money.
And what I mean by that is, islook at the money you've earned,
saved, or invested, but you'retreating it.
Like it's not real.
(14:09):
Because I know you are probablydoing that.
I know.
And if you're not, I've had somany people share this with me
of like, oh, that money didn'tcount.
You know, maybe it's money setaside for retirement for maybe a
house down payment for awedding.
Um, whatever it is, that's justmaybe sitting in a savings
account, but I want you to askyourself how much is really
there.
(14:30):
And what are you not counting asreal money?
You know, for so many of us,once we quantify this unseen or
unrealized money, it becomesclear that we're probably a lot
more safe and secure than we aregiving ourselves credit for.
The third thing that you can dois determine your safety
cushion.
Now, this is going to lookdifferent from person to person,
(14:52):
but it's important for you toknow, like, what is your risk
tolerance?
And what do you need to actuallyfeel safe?
And I want you to think aboutwhat type of savings would allow
you to exhale, to feel calm.
To, you know, Unclench thosebutt cheeks that are probably
tight into release your jawmuscles, like just to relax.
(15:12):
Is it three months, six months,one year.
Like, I want you to start bydefining what enough actually
looks like to you.
And break down exactly how muchthat number is.
Seeing that number can provide arealistic target.
Rather than this endless pursuitof more unnecessarily.
The last exercise I'd recommendthat you do is actually review
(15:34):
your longterm investments.
Uh, take a look at yourlong-term accounts.
If you didn't contribute anotherdollar to your 401k, your IRA,
your stock and brokerageaccount, whatever it might be
based on an average compoundingand growth rates, how much would
be there at the age that youideally would like to quote
unquote retire or either justreduce.
(15:55):
Your reliancy on having to work.
And if you want to add to it,calculate the minimum.
Annual contribution to reach anumber that feels secure.
Often the pressure to performeases.
When we see that reaching thatnumber, isn't as intense as we
thought.
Whenever I do this exercise withclients.
(16:17):
And they often realize theyalready have what they need or
that the extra is so attainablethat the pressure isn't
necessary anymore.
It can completely shift how theyapproach launch goals or
business growth because theirgoals start coming from a place
of possibility, spaciousness,and enoughness rather than
scarcity and fear.
(16:38):
So let's take a moment to kindof reflect and pull all this
together.
Where do you feel financialdistress in your actual body?
When money problems start tocome up, start to pay attention
to where you actually.
Feel it in your body.
Are your shoulders tight?
Is it in your lower back?
Like the reason why I'mrecommending this is just so
that you can start to get out ofyour head and get into your body
(16:58):
and have that experience andkind of notice what's coming up
for you.
What's one way you canexperience your wealth this
week.
Whether it's treating yourselfupgrading a part of your life,
or simply just acknowledging howfar you've come.
You know, we worked so freakinghard to build these businesses,
become these entrepreneurs, run.
These businesses, serve theseclients.
(17:19):
Like you.
You know, typically, like whenyou, if you were working this
hard in a normal nine to fivejob, you'd have a boss or a peer
or somebody that would say, Hey,you're doing a good job.
Hey, let's go celebrate that,that major promotion that you
just got, or just like, Hey, Inoticed you, I see the good work
that you're doing.
Keep it up.
When you're running your ownbusiness, you don't have that
(17:40):
outside validation or justsomebody else to just recognize
you.
And so we have to do that.
So let me take a moment first torecognize you because you are
doing a damn thing.
And I'm going to say it like itis.
The effort you have putting inis not going unnoticed.
You are doing a great job andyou absolutely deserve to
celebrate how far you've comeand the progress that you have
(18:01):
made.
So just think about how can youexperience the wealth that
you've already created foryourself?
How can you celebrate and baskin the joy of the answered
prayers that you're currentlyliving in this week?
And lastly, if you knew you werealready secure, how would you
approach your money goals andgrowth goals differently?
And I think that as we're cominginto the new year, or as you're
(18:25):
maybe doing some planning forthe business, Kind of
formulating and getting a reallyclear picture of where your
financials are, where youremotional nervous system is in
relation to the wealth that youhave created and are in the
process of creating can reallyhelp anchor you and ground you
when it comes to setting growthgoals for the business, moving
forward.
Okay.
So I want to really close outthis episode with an affirmation
(18:48):
that I have been reading tomyself lately, whenever I'm
having these thoughts and kindof struggling with my own
enoughness when it comes tomoney.
So repeat after me.
My wealth is secure and I amsafe in the success.
I've built.
My wealth is secure and I amsafe in the success.
(19:11):
I've built.
Remind your body, not just yourmind that you are safe.
Thank you for joining me today.
And for listening to thisepisode, here's to building not
just financial security, but alife of peace and significance.
I can't wait to chat with you inthe next episode.
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