Episode 29: How to Feel Confident with Money

Jun 7

“I believe that financial confidence is the most important component to financial success, wealth building, and making great financial decisions. It all starts with financial confidence.”

In this episode, I'll discuss financial confidence—the key to financial success, wealth building, and wise financial decisions.

Financial confidence is the belief in your money-related abilities, from investing to savings and understanding the stock market.

Financial confidence is developed through a combination of financial education and your relationship with money. Without it, you're less likely to seize opportunities, ask for raises, or take control of your life. Join me as we explore actionable steps to develop stronger financial confidence, starting today. Let's begin!

Key highlights

[00:00:00] Introduction to today’s topic: How to feel confident with money

[00:02:13] Things to do to feel confident with money:

[00:02:27] #1: Bringing a higher level of awareness around the way that you were talking about money and the way that you were specifically talking about yourself with money.

[00:05:28] #2: Get a foundational understanding of money

[00:06:10] Key concepts you need to understand about money

[00:06:48] Money management skills

[00:08:25] Why should download the Free Money Map training

[00:09:10] Having some basic education in investing

[00:10:05] How to build financial confidence with the Holistic Money Program

[00:10:37] #3: Start asking questions about money or any financial-related concept that you don't understand

Notable Quotes

I find that without financial confidence, you're so much less likely to put your hat in the ring for that promotion, ask for a raise, take advantage of the financial opportunities that are presented to you, or just take full ownership of your life and feel empowered.
The way you talk about money and how you talk about yourself with money reflects your internal belief systems about money. If you consistently speak in limiting ways about money in yourself, that can highly impact and reflect your confidence in money.
When you learn more about managing your money, you'll start to understand how much money you want to spend on your present-day expenses versus how much you want to save and invest for your future.
When you start to ask more questions about money, you're going to start to practice talking about money more often, and you're going to hear other people talking about money. You are going to get just more comfortable and confident. Being in conversation about money.