According to National Women's Law Center analysis, women’s labor force participation was 57.0 percent in February 2021. Before the pandemic, the last time women’s labor force participation had been this low was in 1988. Women lost more than 12.2 million jobs from February 2020 through April 2020, 11.3 million of which were in April alone, which means one month of the pandemic’s losses wiped out nearly an entire decade of women’s job gains since the Great Recession.

Given these statistics, is there a way for women to stop the feeling of powerlessness about money and shift out of the scarcity mindset?

Yes, there definitely is! Join us in this episode as we have an open conversation with Leisa Peterson, Business Strategist, Money Coach, Author of the book “The Mindful Millionaire”, of how women can transition from scarcity mindset to abundance, how to unlock their wealth and unleash their fullest potential to finally walk the path of true wealth. 

Enjoy listening! 

What we learned from Leisa Peterson in this episode:

- What does “true wealth” mean to Leisa? 

- From scarcity mindset to abundance — How to break the cycle of fear, grief, and shame that often surrounds your money habits.

- How to finally overcome your scarcity mindset. (... a look at Leisa’s inspiring personal experience.) 

- The biggest challenge that women face in wealth building. (... and how to resolve it!) 

- The relationship between historical self worth and the current financial situation.

- Mindful Millionaire — What makes this book unique and how can you become a "Mindful Millionaire"?

- How scarcity becomes tunneling?

- How can men help to bridge the gender wealth gap?

Success Quotes:

“Women culturally have not been empowered by the condition systems to comfortably ask for what we want.”

“Separation is scarcity.”

“What mindfulness does is it changes the way we're thinking about money on the planet.”

“It's helpful to have people outside of yourself who aren't stuck in that same dynamic, who have a different perspective to communicate and connect.”

Timestamp:

00:00 - Intro

01:14 - Leisa shares the three phases of her life – how her scarcity mindset helps her build her wealth and how it helps people. 

05:42 - What does “true wealth” mean to Leisa? 

08:40 - Our fundamental processes and beliefs create the basis for a healthy financial mindset — what’s the biggest challenge that women face specifically? 

11:17 - From scarcity mindset to abundance: Leisa gives us a direct example of her mindset shift. 

14:54 - Leisa shares her experience on how she finally breakthroughs from a scarcity mindset. 

18:36 -  Is there a difference between the United States and other countries in terms of scarcity of financial resources?

21:54 - Leisa unpacks the relationship between historical self worth and the current financial situation. 

24:00 - Leisa talks about her book, Mindful Millionaire. 

26:38 - What does Mindful Millionaire really mean? 

28:00 - Leisa talks about her “I PROSPER” process. 

29:50 - How scarcity becomes tunneling and why is that problematic?

35:01 - Leisa offers her advice for people who are facing different kinds of stressful financial situations. 

39:01 - How do we empower people that are on the losing end of the struggle to rise up?

44:15 - How should men help women to bridge the wealth gap? 

47:39 - Outro 

Resource(s):

Mindful Millionaire book: https://www.mindfulmillionairebook.com/ 

National Women's Law Center analysis: https://nwlc.org/wp-content/uploads/2021/03/Final_NWLC_Press_CovidStats.pdf 

Connect with Leisa Peterson:

Website: https://www.wealthclinic.com/ 

LinkedIn: https://www.linkedin.com/in/leisapeterson1/ 

Connect with us:

Jonathan DeYoe - Money Philosopher LinkedIn: https://www.linkedin.com/in/jonathandeyoe/

Terrie Schauer, PhD - Author of Mindful Landlord LinkedIn: https://www.linkedin.com/in/terrieschauer/