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The Daily Motivation

Create Financial Abundance & Change Your Money Mindset | Payal Kadakia

The Daily Motivation

Lewis Howes

Education, Self-improvement

4.8893 Ratings

🗓️ 10 August 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

My life-changing annual event, The Summit of Greatness, is happening September 12 & 13, 2025. Get your ticket today! Check out the full episode: greatness.lnk.to/1224   Payal Kadakia discusses how to take ownership of your finances and develop an abundance mindset around money.    Sign up for the Greatness newsletter: http://www.greatness.com/newsletter

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, my name is Lewis Howes and welcome to the Daily Motivation Show.

0:09.0

There was one main thing that is blocking you from reaching your full potential.

0:13.0

And it's all because you're trying to do everything alone.

0:17.0

And that's a big problem because real growth happens when you build a community. when you're in a room full of people who want to see you thrive, who supports you, becoming your best self.

0:28.1

And if that's something you're looking for, then make sure to join me at the Summit of Greatness live at the iconic Dolby Theater in Los Angeles down in Hollywood, September 12th and 13th, because this year is a powerful lineup of incredible speakers and performers like Gabby Bernstein, like Dr. Teres Swart, like Brendan Bouchard, Amy Purdy, and so many more inspiring surprise guests. You'll experience a couple days of

0:55.5

transformation and inspiration and deep connection with the community that actually gets you and

1:01.2

wants to see you thrive. Tickets are selling fast. So go to lewishous.com slash tickets right now to

1:07.6

get your seats, bring your friends and family. And I can't wait to see you there

1:12.1

at the summit of greatness very soon.

1:21.0

Money can make you feel like you're trapped if you don't have enough conscious knowledge about it, right? At the end of the day, you have to know what's coming in, what's going out, how are you growing your money over time? And if you don't know these things, like there are lessons online that you can learn, you know, there's tools like mint and apps like, you know, learn vests, where you can actually put your knowledge into this, you know, and really figure out how to make your money work for you, right? I think that's such an important part of it. Yeah, I mean, you know, money, like I said, can be very constraining for people. And it can also be the dream, but a rich life is not money. And we just talked about that, right? It's really about waking up every day and loving what you do.

2:01.3

So you want to actually be able to earn that over time.

2:04.7

People are so afraid to just talk about.

2:07.2

Yeah.

2:07.6

Why do you think people are so scared of it?

2:08.9

I think because there's so many expectations on it, because for some reason,

2:14.0

society has made that, like, a marker of success. So it So it becomes like this taboo thing to talk about, right? It's funny, right? Like if you think about followers, we all see that, right? It's just like a different currency, right? So I think there's a little bit of that. I think it's complicated, right, at the end of the day. Like it's a little bit complicated. You're like, wait, how do I do the math on this?

2:34.7

Like, I don't know, but you don't need to know it every day. I think it's just a matter of having the knowledge of it and not letting it run between your fingertips and get away from you to a point where you're like, how did I end up here, right? You want to be in a place where you're planning where it goes. I mean, especially if you're working so hard, it's so important to know where every single one of those dollars goes. And I think that goes to my other point is after talking about it, and especially I think in relationships, talk about it. Talk about money in relationships. Yes, because I think, you know, especially like when you get married or any of that in a family, people also have different like ways that they were raise and that they value money differently and I think, you know, especially like when you get married or any of that in a family, people also have different, like, ways that they were raised and that they value money differently.

3:11.2

And I think it goes down to what does money mean to you. Like, my husband loves cars. And I'm like, I realize that. I'm like, great. I don't really value that, but you value that. And like, you know, sometimes he'll be like, cars mean the same thing to me as dance means to you.

3:06.9

And I'm like, okay, like I, it took me a second to like fully understand that.

3:11.2

But I was like, okay, like, I, it took me a

3:24.4

second to like fully understand that, but I was like, it's really a passion for you. So what was the

3:30.1

conversation you had with your husband, Nick, around money that worked well and what conversations

...

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