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Everyone's Talkin' Money

7 Ridiculous Money Lies That Keep You From Building Wealth (and how to easily get rid of them)

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6 • 631 Ratings

🗓️ 14 August 2024

⏱️ 34 minutes

🧾️ Download transcript

Summary

Money lies just might be holding you back from building wealth and reaching financial independence. Why? Well, money lies are stories you tell yourself that don't have any real factual evidence. Have you ever believed you're too far behind or made too many money mistakes? You are not alone! Now is the time to get rid of these seven ridiculous money likes that keep you from building wealth. CONNECT WITH SHANNAH Apply for one-on-one Emotions-Based Money Coaching with Shannah https://etmpod.link/coaching  Ask Shannah questions - submit your question here https://etmpod.link/askshannah  Freebie: 10 Money Questions to Ask Yourself Money Guide https://etmpod.link/10moneyq  Follow me on Instagram  Leave a 5-star Review here https://ratethispodcast.com/etm Subscribe to our YouTube Channel https://www.youtube.com/@EveryonesTalkinMoney SPONSORS Thanks to ASPCA for sponsoring the show. To explore coverage, visit ASPCApetinsurance.com/ETM. Thanks to Mint Mobile for sponsoring the show. To get your new 3-month premium wireless plan for just 15 bucks a month, go to http://www.mintmobile.com/ETM . Thanks to Notion for sponsoring the show. Notion is my go-to tool for managing notes, to-do lists, and action items. You can try Notion for free at Notion.com/ETM. Thanks to OneSkin for sponsoring the show. Get 15% off OneSkin with the code ETM at https://www.oneskin.co/  Thanks to Quince for sponsoring the show. Go to http://www.quince.com/etm for free shipping on your order and 365-day returns.  Thanks to NerdWallet for sponsoring the show. Don’t wait to make smart financial decisions. Compare and find smarter credit cards, savings accounts, and more today at www.nerdwallet.com. Thanks to Monarch for sponsoring the show. ​​After trying out Monarch for myself, I understand why it’s the top-rated personal finance app. Listeners of this show will get an extended thirty-day free trial when you go to www.monarchmoney.com/ETM.  Thanks to EarnIn for sponsoring the show. Just download the EarnIn app in Google Play of the Apple App store and use code Talkin Money under Podcast. Thanks to Noom for sponsoring the show. Start taking control of your weight management and join the millions who have lost weight with Noom. Sign up for your TRIAL today at www.noom.com.   Thanks to ButcherBox for sponsoring the show. Sign up today at www.butcherbox.com/etm and use code ETM to get $20 off your first order. Thanks to DelelteMe for sponsoring the show. Today get 20% off your DeleteMe plan when you go to www.JoinDeleteMe.com/ETM and use promo code ETM at checkout.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey, it's Shawna and welcome to everyone's talking money.

0:11.8

Hey, welcome back to the show. It is so good to have you with us. This episode is one that is,

0:19.0

I think, really near and dear to my heart because there are so many

0:25.0

money lies that hold you back. And I see this with people all the time, with private money

0:31.9

coaching clients, with people taking my courses, with even just friends, honestly, that I run

0:37.4

into on a day-to-day basis

0:39.0

or somebody who might ask what I do for a living. And I talk about being a money expert.

0:44.9

There's a lot of these lies around money that start to bubble to the surface. And it's interesting

0:51.1

because I think one of the biggest lies is that somebody like myself,

0:57.5

who's a money expert, is going to come to you and say something like, you spend how much

1:03.1

on what? Those are words you are absolutely never going to hear me say. And it's because whatever you spend your money on, whatever you

1:14.5

decide to spend your money on is ultimately your choice. You get to decide whether it's a viable

1:22.9

purchase or not, or if you're saving money, if it's the way you want to be saving money,

1:29.1

or if it's not the way you want to be saving money. And so I think that, you know, this isn't

1:34.8

actually one of the money lies I'm going to be talking about, but I think this is really

1:38.2

important to bring up here in the beginning is that I don't want you to feel timid or ashamed about working with somebody to help you reach

1:48.4

your financial goals, whether that is a traditional financial planner or somebody like myself

1:54.2

that offers money coaching, which to me is a lot more, it's an approachable way, I think, to helping you with your financial future,

2:04.6

with your dreams, your goals, all of that. But whoever you decide to work with, please,

2:11.0

don't pick somebody who is going to judge you on what you spend your money on. My job here is to guide you to give you all the information that

2:20.7

you possibly could need and then let you decide what actually works or doesn't work for your life.

2:28.6

Some of these money lies, they're very sneaky. As are most of the lies and stories and shame and all of this kind of baggage

...

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