55. Financial Health: Well-Being Series (Part 1) … From $37K in Debt to Overflow in Savings

In this episode of the Her.Unlocked Podcast, I am getting very vulnerable and we are talking about finances. I am sharing this with you to kick off a Well-Being Series and we are starting with this topic, because I know that finances can feel heavy for a lot of us. And in 2023 we started the year feeling very heavy with the debt that we accumulated and we decided to get intentional with our finances. 

 

I'll talk about how crucial it is to really understand and set your financial goals, and I'll share the deliberate steps my family and I took to wipe out $37,000 of debt.I can't stress enough how important it is to have open discussions about money. It's time we break those societal taboos and get real about our finances. I'll be diving into how aligning what you believe with what you do can lead to true financial freedom. And it's not just about the money—it's about overall well-being. I really hope that by sharing my story, I can inspire you to take the reins of your financial health. 

 

Let's get into it!

 

3 Powerful Questions to Reflect On: 

1. What is your money mindset right now? 
2. What are your financial numbers and goals for this next year?  
3. What intentional spending decisions can you start to make based on your numbers and goals and what you value?

Ways to Work with Me: 

Follow Me on Instagram

Becoming Her Program

Episode Outline: 

• Introduction to Well-being Series (00:01:14) 
• Dealing with Debt (00:02:21) 
• Overcoming Shame and Judgment (00:04:33)
• Shifting Money Mindset (00:08:23) 
• Understanding Financial Numbers and Goals (00:21:40)
• Paying Off Debt and Lifestyle Changes (00:23:46) 
• Understanding the Goals of Paying Off Debt (00:24:59)
• Communicating About Money and Making Shifts in Spending Behavior (00:26:10) 
• Assessing Numbers, Setting Goals, and Making Intentional Spending Decisions (00:27:17) 
• Investing and Spending Priorities (00:28:12) 
• Smarter Spending and Intentional Decisions (00:29:14) 
• Eating Out and Alcohol Spending (00:35:11)
• Embodying a Healthy Relationship with Money (00:36:10) 
• Commitment to Continuous Financial Well-Being (00:37:19)

Referenced Resources: 

Ramit Sethi on Instagram

Ramit Sethi Website 

I Will Teach You to Be Rich Podcast 

Money A Love Story - Kate Northrup

 

If you enjoyed this episode and want more money mindset topics like this, share with a friend and leave a rating & review letting me know your favorite episode topics!