027 | Breaking the Cycle of Scarcity: How to Think Differently About Money

She's Equipt with Jennifer Allwood | The Christian Business Coach for Women

Jennifer Allwood: Christian Business Coach

Entrepreneurship, Business, Marketing

4.9 • 1.9K Ratings

🗓️ 13 January 2026

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

What did you hear about money growing up? Maybe it was "money doesn't grow on trees," or reminders to save everything for a rainy day. While often well-intentioned, these messages can quietly shape a scarcity mindset that follows us well into adulthood.

In the world of entrepreneurship, that mindset can be especially limiting. It doesn't just affect how much you earn, it influences how you price your work, how you save, how you spend, and how confidently you invest in your business. Over time, it can restrict growth in ways many women don't even realize are happening.

This episode explores how early money beliefs show up in business ownership and why addressing them matters, not only for your current success but for the example you're setting for the next generation. Because the way you relate to money today has the power to shape both your business and how your children will one day view financial abundance, responsibility, and possibility.

Important Links:

Ciara Stockeland Interview: https://jenniferallwood.com/podcast026/

Episode 022: https://jenniferallwood.com/podcast022/

Transcript

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0:00.0	This is She's Equipped with Jennifer Allwood, a podcast for Christian women in business who want to earn more from their God-given talent, grow their impact, and lead with faith.
0:09.8	Well, hello there, friends. Welcome back to the podcast. This is, she's equipped with Jennifer Allwood. I am Jennifer Allwood. Funny how that works, right? Hey, happy New Year. I know this is the second episode of 2026, but I recorded the first episode back in 2025, so, you know, because we record ahead as we do. So this is actually the first one that I am recording in the new year. So how is everyone? I'm excited to be here. This is episode 27. We're going to
0:39.8	actually talk about a scarcity mindset and breaking the cycle of having a scarcity mindset.
0:45.9	And before you're like, oh, I don't have that. I don't have a scarcity mindset around money.
0:50.0	We're going to be talking about a scarcity mindset around money. I love talking about money,
0:52.7	by the way. Because what I actually love about talking about money mindset things is that most people
0:59.2	think that they don't have any money mindset problems and most people do.
1:04.2	Even like at all different levels, like even when I think that I've kind of gotten through
1:09.5	most of my junk around the idea of money and money mindset problems, even because I had some money mindset issues when I didn't have money and then when I got money, when the business really took off and, you know, started making millions of dollars a year. It's interesting that then I had different money mindset issues. Like before, I was worried
1:29.4	about never having it. And then when I got it, then I started worrying about losing it all. And it's,
1:32.9	it's interesting just at different levels. I never, by the way, say new level, new devil,
1:38.2	because you're basically then just welcoming in problems and anticipating issues and
1:42.8	basically settling for the fact that there's going
1:46.0	to be adversity and evil at every level. So don't do that. Don't say new level and a devil,
1:50.3	okay? But at every new level, there is a potential for new things that just you may bump up
1:58.5	against and new things that you may uncover new mindsets that you may
2:04.1	have to address because as you know, God never, he loves us so much that he never just leaves us
2:12.6	as we are. We are always constantly growing and uncovering new things about ourselves. And we,
2:18.9	at least we should always be growing, right? Because we're, we never reach a point of completion.
2:23.5	We never reach a point of perfection or we are Christ-like. We never reach that point. And so we should
2:30.7	always be growing and bettering ourselves. And there will always be things, at least for me,
2:37.2	that I am constantly needing to renew my mind about. And so we're talking about a scarcity mindset.
	...

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