Improve Your Relationship With Money To Reach Amazing Success – PTC 523

I tend to be very analytical. When I first heard about our relationship with money and the mindset needed to succeed, I thought it was a lot of woo and not for me. MY RELATIONSHIP WITH MONEY The more I heard about mindset, and the more I researched it, the more I realized that success absolutely requires the right mindset and relationship with money. Growing up, we had very little money. My mom raised us on her own on the wages of a waitress. She always had a side hustle to make ends meet. I never knew we didn't have money. I just thought we were frugal. One year when I was about 12, I told my mom that my best friend Russ would receive gifts on Easter. I found that odd. My brother and I always received Easter baskets full of candy. But that was about it. Russ' family was Catholic. We were Methodist. Maybe that was just part of their tradition. That year, my mom bought us gifts for Easter. That's when I realized gifts had nothing to do with our spiritual denomination. It had everything to do with where and how we spent our money. THE INFLUENCE OF MY MOM Looking back on my childhood, mom always had a bit of disdain for the wealthy. She waited on many of those wealthy people at work, and many weren't respectful. I think that influenced her relationship with money. Mom always expected me to go to college. But I don't think she ever thought we would be a wealthy family. It was part of our relationship with money. I once dated a girl after college whose dad was the president of a bank. I think her dad even had part ownership. One year, I joined them at the country club for Easter brunch. It was just like any other meal at a nice restaurant. There were just golf fairways out the window. When we broke up, my mom said, "That's ok, you're not the country club type anyway." She didn't mean anything by it. It was just the way our family was raised. It was her relationship with money. She never had a great deal of money. My mom eventually died broke. I had to send her creditors the death certificate along with a letter notifying them there was no money in her estate to pay them. That's when I realized I didn't want that to be my story. I didn't want that to be my relationship with money. RELATIONSHIP WITH MONEY IS A DECISION I like money. Money allows me to have nice things. But it also allows me to help others who need it. I began donating a portion of my salary to various organizations. The money wasn't mine. It was just flowing through me. When my relationship with money changed, the amount of money God would send my way changed. You deserve money. But to get it to flow your way, you need a good relationship with money. You need to believe you deserve it. TONYA WHITE In this episode, we dive into the insightful discussions and powerful lessons shared at the Podcast Profits Summit with Tonya White. Tonya is the founder of Heart & Soul Wealth. She is a financial educator and coach who empowers women to transform their relationship with money and make informed financial decisions. With a background in corporate Human Resources and over a decade in financial services helping couples, individuals and families, Tonya uses a holistic approach to help women navigate their financial goals, especially those nearing or in retirement. YOUR PAST SHAPES YOUR RELATIONSHIP WITH MONEY In this episode, Tonya emphasizes the importance of learning from past financial decisions and using new skills to make better future choices. She tackles tough questions about dealing with trauma from investment failures and overcoming self-judgment and shame. We explore the profound impact of disempowering money messages, often rooted in childhood and societal beliefs, and how they shape our relationship with money. Through real-life examples and personal anecdotes, Tonya illustrates how transforming these mindsets can lead to significant personal and professional growth. She also shares valuable techniques such as using affirmations effectively, meditation, and connecting money to a larger mission to overcome worthiness issues and imposter syndrome. This episode is packed with essential insights and actionable advice to help you shift your money mindset and pave the way for financial success. Let's get started! PAST FINANCIAL DECISIONS Tonya emphasizes the importance of learning from past financial decisions by acknowledging that they were made with the best information and resources available at that time. She advocates for using newly acquired financial skills and insights to make better decisions moving forward, while underlining the significance of self-forgiveness and grace in the journey of personal and financial growth. Tonya addresses handling trauma from past investment failures, acknowledging the self-judgment and shame that often accompany financial losses. She advises listeners to accept what was known at the time and to glean valuable lessons from these experiences to improve future financial decisions. Furthermore, she offers actionable advice on moving past these negative experiences, highlighting the necessity of self-forgiveness and grace to foster personal, financial progress, and a healthier relationship with money. The conversation also explores the impact of disempowering money messages ingrained in us from childhood and societal norms. These messages shape our relationship with money. Tonya explains the difference between "money is the root of all evil" and the actual biblical phrase "the love of money is the root of all evil," emphasizing how such misconceptions can affect one's ability to cultivate wealth and achieve goals. We share our personal experiences with disempowering financial messages, discussing how these beliefs shaped our decisions and self-perception over time. AFFIRMATIONS Diving deeper, Tonya discusses practical techniques to transform disempowered mindsets into empowered ones. Using affirmations effectively, especially in the form of engaging questions, can rewire the subconscious to foster a healthier relationship with money. Tonya shares the story of an entrepreneur who successfully changed her financial outlook through such mindset work, resulting in more confident business dealings and improved sales conversations, demonstrating the profound impact of overcoming negative self-talk and disempowerment. Tonya’s holistic approach, combined with her personal journey from corporate HR to financial coaching, brings a warm, nurturing perspective to money management, particularly empowering women to make informed financial decisions and attain lasting financial health. You can download Tonya's free gift "The 5 Keys To Financial Health" at www.podcasttalentcoach.com/financial.   If you don't have a mentor who can take your hand and walk you every step of the way, go to www.PodcastTalentCoach.com/apply, click the button and apply to have a chat with me. We will develop your plan and see how I can help and support you to achieve your podcast goals.