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June 2, 2025 15 mins
In this solo episode, Michelle discusses the importance of reassessing your financial goals and mindset as we reach the midpoint of the year. She encourages listeners to reflect on their progress since January and to consider this time as an opportunity for a fresh start. It's never too late to reset your goals and intentions, even halfway through the year.   Mid-Year Reflection:  - Acknowledging that the first half of the year may not have gone as planned for many.  - Encouragement to revisit and redesign goals for the second half of the year.

Visualizing Future You:     - Importance of envisioning who you want to be financially and personally.   - Questions to consider about your future self's relationship with money.

Purpose and Clarity:    - The role of understanding your purpose in making confident financial decisions.   - How clarity about your goals can enhance confidence in your financial journey.

Practical Steps for Resetting Goals:     - Suggestions for journaling, meditation, or spending time in nature to reflect on your financial mindset.   - Emphasizing the need to align money decisions with your purpose and vision for the future.

Purpose-Driven Decisions: Knowing your purpose provides clarity and confidence in financial decision-making.   Confidence Through Clarity: A clear vision of your future can enhance your confidence in achieving financial freedom.

The discussion underscores that financial freedom is not merely about numbers but about cultivating a positive mindset and proactive planning. This episode is significant as it provides listeners with practical insights and strategies to transform their financial lives, particularly during a time when many may feel stalled in their goals.

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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:05):
Mindset around money, your relationship with money. That has to
come first, that has to be top of mind what
you're working on. And then along with that that's the
primary goal. And then along with that you can also
take certain specific actions that you can plan for now. Hey, there,

(00:26):
and welcome to Money and You. I'm Michelle Perkins, your host.
My search for more fulfilling work led me to career
in business coaching, where I stumbled upon a game changing discovery.
Money issues often start with our mindset and habits. You see,
our relationship with money is the key to overcoming those
frustrating financial obstacles. As an entrepreneur, coach and problem solver,

(00:48):
I'm passionate about helping you create a great relationship with money,
because turns out that's the foundation for a limit free life.
Each week on Money in You, I speak with amazing
guests about all things money, mindset, practical tips, and everything
in between. We're here to give you new insights, education
and empowerment. So money can be one of your favorite relationships.

(01:11):
So join us for some lively conversations and let's transform
your financial life together. Hello, Hello, and welcome to another
episode of the Money and You show. I'm going to
do a solo show today, and it's going to be quick.
I don't like to talk at you for two terribly long,
but I do like to deliver some great content. So

(01:32):
that's what I want to do today. It's June first,
I think, is it June second already? Oh, it's a
June second, thanks Tony. But it's close enough to June first,
which means we're halfway through the year, and I've always
kind of got my planning brain going. I'm also very,
very aware that this year has been just the first

(01:54):
half of the year has just been kind of weird.
I think a lot of people had great goals for
January included, and a lot of things happened in that time,
and so I think a lot of people are hitting
this mid point of the year and feeling like, well, actually,
I talked to a friend of mine yesterday who just said,
oh my gosh, here are my New Year's resolutions. I
haven't done a single thing, And I kind of feel

(02:17):
similar in a way. I mean, January came, I was
twenty twenty four, and the years before, the few years
before we're tough. So twenty twenty five was like, this
is my year, This is what I'm doing. Then we
had the fires, and then and then we had just
a lot of you know, all kinds of craziness in
the news and everything else, and people are bracing for

(02:38):
impact with tariffs and all kinds of ups and downs,
and you know, I think everybody has been sort of
distracted and maybe pausing trying to see where things are
going to go before we take any action, and plans
sort of fell apart, and so I just want this

(02:58):
show really to be about having faith in the second
half of the year and maybe going back to some
of your plans and re looking at them or redesigning
them and reinventing them so that you can go forward
into the rest of the year with that sense of okay,

(03:20):
fresh restart. You know, I've got things I'm going to
accomplish in, things I'm going to go forward with and
do and sort of, you know, put the brakes on
this whatever whatever you've been doing. If you've been if
you've been doing your goals and you know what you
want to do, great, But if you haven't, if you
do feel like you got a little stalled out this year,

(03:42):
this is a great sort of you know, second New
Year moment. So I want to give you a couple
of little thoughts that I recently wrote about in my
last blog, which if you haven't come to my website
and signed up for my newsletter and my blog, that
would be a great thing to do. That's at limit

(04:02):
FreeLife dot com and you can sign up to get
my blog posts and hear about what's going on at
limit free Life and what events we have coming up
and programs. So that would be great. And I did
just really write a blog recently about the future you
and trying to envision this future you that you want,

(04:24):
and that can include your finances, that can include many
other things, but let's just talk in terms of finances
right now. So it's never too late, and it's certainly
not too late to reach goals and get a fresh
start midway through the year. So I really want you
to think about this, this future you. Who that is,

(04:46):
what you're doing, who you're with, where you're living, what
you're doing for work, what you're doing with your money.
Are you still having the same stresses that you've been having,
are you, you know, are you feeling much more positive
about your relationship with money? Do you understand it better?
What are you doing. What is this future you if

(05:07):
you were to vision the future you, what does she
look like? What is she doing? What is she how
is she handling her money? So let's think about that
for a minute, because I think before we jump into action,
we always want to have a little bit of a plan,
and we also always want to get our mindset in order.

(05:28):
And one of the things that I wrote about in
this blog was that financial freedom is not about numbers. First,
you know, we have it in our head that there's
a magic number we need to get to and that
will solve all of our problems, or that will allow
us to retire, or that will allow us to feel,
you know, to breathe easy and feel free. And that's
kind of a myth, I mean, just having that number.

(05:50):
There are people who have reached that number and they're
not necessarily feeling that freedom. And there are other people,
you know, for whom that number seems so far away
and so they just sort of give up on the
whole thing. But if we don't even think about it
in terms of a number or you know, a financial goal,
If we think of it in terms of a relationship goal,

(06:11):
things go much better. And honestly, mindset around money, your
relationship with money, that has to come first. That has
to be top of mind what you're working on. And
then along with that that's the primary goal. And then
along with that you can also take certain specific actions
that you can plan for now. But this future you

(06:35):
is really enjoying a healthy, trusting relationship with money. That
is the path to freedom. Once you connect with money,
you feel comfortable with it, you feel a stress from it,
you feel more in control. That is really where you
start settling into a life where you expect good things
to happen. You expect financial wins. You expect you know,

(06:59):
to earn more, to meet the right people who could
help you with that, to find the right set up
for your business, or to find a new job, or
to find new avenues for saving, for getting your budget,
taking your debt taken care of. So I really feel
like when you are in the headspace that you need

(07:19):
to be, when your mindset around money is one of
anticipating good things to come along versus the stress of
you know, thinking about what you don't have and what
you will never have or whatever your mind goes. That's
the most crucial thing. So the first step in resetting

(07:41):
and replanning needs to be spending some time with your
just noticing what your brain is doing, where is it going,
what are you thinking about? Where is it taking you?
Where's you know? What's coming up? Fear, doubt and worry
or excited anticipation and curiosity about what you could do
and you could have and what you could be. So

(08:02):
think about that, make that a little process. Come up
with some kind of a way to whether it's journaling
or getting into a meditation or taking a walk in
nature and just thinking about when I think about money,
where is my mind going? And that future you, who
you want to be, where is her mind going? What

(08:26):
does future use mind the thinking around money, because that's
where you want to go. And so now you can
stop yourself when you start getting into some negative you know,
kind of spinouts in your thinking and put yourself into
future you and even if you have to pretend, even
have to take it. What would future you be thinking?

(08:47):
What would future you be? How would she be handling
that problem? And make decisions based on that future you
make decisions as she would not as the you know,
scared freaking out you right now might do. Okay, So
that is number one, and then then you can think
about numbers. Then you can think about you know, I'd

(09:07):
like my savings to increase by X percent or whatever,
and then you can start getting a plan for that.
But I think if there's one thing that I want
this show to help people understand is your way of
thinking about money and your way of reacting, you know,
either consciously or unconsciously. That's what's going to make all

(09:29):
the difference in your future financial freedom. So get this
vision of the future you and when you need that person,
pull that person in to you know, look at and
see how is that person making decisions? Are they being bold,
are they being scared? What are they doing? And try
to step into their shoes. So that's one piece of this.

(09:50):
And then I wanted to just remind you as you
go into this reset, your purpose matters. So purpose is
what creates flood. Otherwise we're all over the place, we
are making decisions, you know, just kind of whatever sounds
good in the moment. But if we have a purpose
and we are aligned with that purpose, then the decisions

(10:12):
we make should be you know, helping you to achieve
that purpose, and that is also going to make all
the difference in the world. But what happens is people
don't know their purpose or they haven't really thought it out.
So again, you know, I'm asking to take that time
before you, before you set any new resolutions or new intentions,

(10:33):
to get in touch with your purpose. And again, sometimes
that really means some alone time, some time hiking in
the you know, on your own, some time journaling, and
all of that that I say all the time, But
stop and think about what is my purpose? And that
could be anything. That doesn't mean, you know, you're going
to go do something amazing and spectacular. It just means

(10:57):
whatever is purposeful for you, and mean for you, how
do you want to spend your time, What do you
want to be doing? How what do you want to
be doing for work? What do you want to be
doing in your you know, your leisure hours. So again,
think about your purpose, think about how to align your
decisions with that purpose and not just make sort of random,

(11:18):
all over the place decisions. And then you know, when
it comes to money, make sure that feeds into your purpose.
Make sure money decisions are fueling this future life with
the purpose that you have visioned for yourself. So that's
really what I wanted to mention I also wanted to
mention confidence and confidence with money comes from clarity. So again,

(11:43):
if you know your purpose and if you know what
that future you is doing out there in the world,
then that is giving you. That's a backwards way into clarity.
You can then unpack that and see, Okay, the clarity
is now there. I can visualize this future you, and
I can understand my purpose and so I'm clear, I'm

(12:07):
clear on where I want to go, and that gives
you huge confidence. When you don't have clarity around what
you want, you don't really have a purpose, you're not
clear about what that is, and you can't actually picture
a future version of you, it's going to be a
lot harder to make decisions. When you have all that down.
Not only is it easier to make decisions, but it's

(12:28):
easy to be confident in what you're doing because you
know that that confidence that you know that those actions
that you're taking and what you're planning is going to
take you where you want to go. And that in
itself confidence and decisions is a great thing. When we
have to make decisions and we don't know what to do,
it's that throws us off our game. That does some

(12:52):
damage to our mindset because we go into this place
of not knowingness and that degrades our confidence. So to
get confidence, work on these other things and just march
in that direction, and you're going to When you start
doing that, you'll start seeing things as well that come
You'll start seeing evidence that this is the right direction

(13:12):
to be going in. Things will start popping up so
that you go, oh, yeah, this was a good decision.
I was right on this one. And that's when your
confidence really builds because then you can look back at
that too and think, what was I thinking? What was
I doing? It worked, it led to this evidence. So
I'm going to keep doing those things. So again, an

(13:33):
the beginning of the second half of the year, and
I really want you to make this second half one
where you are feeling in control and confident and clear
and ready for action. And so there's you know, maybe
you lost a few months this year, you can gain
it back and you can still achieve everything that you
wanted to achieve when you set out at the beginning

(13:54):
of twenty twenty five and probably more. And you've probably
also learned a few things with this kind of crazy
first six months. And so it's a good time to
revise and see what your new goals are. Maybe they
make a lot more sense than the ones that you
had in January, and maybe they're more meaningful to you
and you're more motivated. So go for it and have

(14:17):
a great time resetting and replanning for the second half
of the year. Okay, so thanks for joining me here,
thanks for listening, and I hope this helps you to
set out on a news start. I think we always
need new starts. I think that's a regular thing. So
have a great time with this to make sure you
make it fun and enjoyable for yourself so that you'll

(14:38):
continue to do it. And please come to the Money
and You show and subscribe to the show if you
haven't yet, and rate and review the show. We love
to have more listeners and more five star ratings on
the show. It helps us a lot, So thank you
for that. Thank you. You be in go and we'll
see you next week at the Book The Tackle Act,

(15:02):
the Board Book, The Tackles at the bo
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