Money You Should Ask

Our relationship with money goes deeper than numbers on a spreadsheet? It all starts in our mind. My guest today is award-winning financial educator and author of the book "Mind Your Money," Yanely Espinal. She joins me to spotlight the emotional and psychological aspects that influence how we manage, spend, and even talk about money.

Yanely shares openly about growing up below the poverty line, only realizing she was different when applying for financial aid programs in high school. She unpacks the guilt and scarcity mindset that held her back along with the shopping addiction tied to wanting to feel normal. 

Now a leading voice in financial literacy advocacy, Yanely is on a mission to transform money mindsets through education. She offers tangible advice around childhood financial trauma, automating your savings to avoid temptations to spend, finding community support, and the importance of making money conversations mainstream.

In this vulnerable conversation we explore the roots of financial trauma and how becoming aware of our own money stories is the first step toward real change.

Resources Mentioned

Yanely's Book: https://www.mindyourmoneybook.com/

Yanely's Website: https://www.missbehelpful.com

Californian's For Financial Education Initiative: https://www.financialed4ca.com/

Take a few minutes to uncover the cost of your money story? https://www.testyournerve.com

More about this episode: https://go2.money/story

Wishing you all a joyful and prosperous new year! We will be back in February 2024.

If you could travel back in time and give your 18-year-old self one piece of money advice, what would it be? Would you tell yourself to save aggressively, avoid debt traps or utilize frugal living hacks or invest in assets destined to explode?

In this episode, I am joined by Dan Sheeks, a high school teacher and Author whose mission is to educate young people to think like millionaires. Dan Sheeks is the author of "First to a Million: A Teenager's Guide to Achieving Early Financial Independence," He wrote this and the accompanying workbook specifically for Gen Zr’s to introduce money management concepts for early financial independence.

Dan shares his motivation for teaching and giving back, as well as his own personal financial journey. He discusses the advantages and challenges for Gen Z when it comes to finances and the impact of social media on their money mindset. Dan emphasizes the importance of finding balance and enjoying the journey to financial independence. He also highlights the value of community and support in pursuing non-traditional goals. 

Resources Mentioned

Dan's Website: https://www.sheeksfreaks.com/

Join the Sheeks Freaks Community: https://www.sheeksfreaks.com/sign-up/

Dan's book - First to a Million: A Teenager's Guide to Achieving Early Financial Independence: https://bookshop.org/a/59401/9781947200463

What is your money story costing you? https://go2.money/free-quiz

More about this episode: https://go2.money/Gen-z

Today I'm thrilled to welcome leading financial advisor Brad Barrett. As founder of One Capital Management, Brad takes a holistic, personalized approach to financial advising that examines the emotional and psychological aspects behind money. With nearly 20+ years experience empowering clients, Brad shares game-changing perspectives on achieving financial freedom by resetting your money mind.

In this episode we delve into how our upbringing and early life experiences shape our core money beliefs. Whether it was a parent’s job loss or childhood money quarrels, those formative moments mold our mindsets as adults. We also explore the disconnect between wanting wealth yet judging the “rich.” And why time is the most precious commodity and how investing buys future time.

So lets dive into ways to avoid money stress, find fulfillment beyond dollars, and reboot harmful money mentalities.

The money mindset reset you need, starts now. Lets transform those pesky money patterns holding you back.

Resources Mentioned

Website: One Captal Management

You Tube: Make Your Money Matter

Free Money Mindset Quiz: Test Your Nerve

Can you relate to feeling undervalued or underpaid in past jobs or careers? How might that experience influence the career and money-making opportunities you pursue in the future?

Sex work. The world's oldest profession, shrouded in controversy. Enter Phoebe, a spokesperson for the Prostitute Information Centre in Amsterdam, an activist working to empower sex workers and create change. 

In this eye-opening interview, Phoebe pulls back the curtain on the adult entertainment industry - its financial realities, social stigma, and her advocacy for destigmatization.

This conversation explores the complex relationship between sex work, money, and morality. Phoebe shares how she started doing online sex work in Thailand as a viable way to make money during COVID. She also explains how sex work changed her perspective on fair pay and value of work. We discuss the difficulties in getting loans and financial access in the Netherlands, despite legalization. And Phoebe offers tips like having multiple income streams and always having "get the f*** out" money.

Resources Mentioned:

Prostitute Information Centre Website: https://pic-amsterdam.com

Transform your money story - https://themoneynerve.com/mindsetshift

More about this episode - https://go2.money/morality

The stories we believe shape what we achieve, yet rarely do we question the narratives that we tell ourselves.

Our guest Paolo Selletti assists purpose-driven clients in clarifying the narratives that form their reality. By getting to the heart of their unique stories, he helps unlock creative potential to transform how people see themselves and how others see their businesses.

Paolo reveals how becoming conscious of our inner narratives is key. By examining the stories keeping us stuck, we can re-author our path aligned with bold visions in all areas, including financial potential.

Tuned into people’s stories with profound curiosity, he shares the winding journey that led him to establish Hypnotic Design, specializing in purpose-led story shaping for entrepreneurs.

Dive into rich perspective on getting unstuck from limiting identities, understanding your gifts to serve others, and above all, embracing curiosity.

Links mentioned:

Hypnotic Design website - https://hypnoticdesign.com

Transform your money story - https://themoneynerve.com/mindsetshift

More about this episode - https://go2.money/lead-with-purpose

Money, money, money! It's the thing that makes the world go 'round, yet it's also the source of stress, anxiety, and conflict for so many people. How should we think about money in a healthy way? What money beliefs are limiting us from reaching our full financial potential?

in this episode of Money You Should Ask, recorded at FinCon 2023 in New Orleans, I roamed the halls of the nation's biggest personal finance conference, getting up close and personal with attendees and speakers to uncover their deepest money beliefs, biggest money mistakes, and most insightful money lessons learned.

You’ll discover practical tips and thought-provoking perspectives that will help you shift your relationship with money and ignite your financial potential.

Get ready for an eye-opening and ear bending episode of Money You Should Ask that will shake up how you think about your money. 

A huge thank you to all of the generous attendees who opened up and shared their stories, wins, failures and lessons learned when it comes to personal finances. In order: Clifton Corbin, Diedre Tshien, Lauren Cobello, Robert Croak, Austin Hankwitz, Amy Smith, Steve Chou, Brenton Harrison, Scott Carson, Sean Pan, Jeff Underwood, Joe Saul Sehy, Khadijha Stewart, Philip Taylor (aka PT), Nathan Barry, Lily Vittayarukskul, Jeff Moore, Gordon Firemark, Jay Narvaez, Zinnia Adams, Ericka Young, Paula Pant, Sebastian Guerra, Wendie Veloz & Steven Jarvis. 

To learn more about this episode and our guests visit: https://go2.money/fincon23

Do you feel like a circus performer, frantically juggling motherhood, business, and personal finances? Our guest Virginia Elder has lived this struggle. She joined me at FinCon 2023 to share her story. While raising infants, coping with family crises, and working full-time, this mompreneur and founder of Podcast Abundance, accumulated over $80,000 in debt. Her rock-bottom breaking point became the catalyst to completely transform her money mindset.

Virginia's story provides a roadmap for moms on how to master finances while succeeding as a mompreneurs and as a parent. 

Learn Virginia's tips for overcoming financial shame, setting boundaries, making tough choices all the while successfully balancing business, motherhood and money. 

Join us as Virginia's shares her vulnerable insights and wealth wisdom.

Links Mentioned:

Virginia's Website: https://podcastabundance.com

Could one dollar change your financial story? - https://go2.money/book-deal

More on this episode - https://go2.money/momprenuer

What dreams do you have for your family’s generational wealth and financial freedom? Entrepreneur, wealth strategist, and personal finance content creator, Acquania Escarne joined me at FinCon 23 and shared her life lessons in building wealth for herself and her family.

After watching loved ones and close friends struggle around financial security, Acquania was inspired to take control of her financial future. At just 16 years old, she opened a Roth IRA - taking the first step into understanding her own ability to build wealth.

Aquania runs the financial literacy platform The Purpose Of Money, focused on helping women of color Build Generational Wealth One Dollar at a Time. Discover Acquania’s inspirational path to building generational wealth through education, investing, entrepreneurship, and protective assets. Learn practical tips and mindset shifts that allow you to earn more, budget better, teach your kids about money, and protect your assets through any life transition.

Resources Mentioned:

Acquania's Website - https://thepurposeofmoney.com

Acquania's Podcast - The Purpose of Money Podcast

Could one dollar change your financial story? - https://go2.money/book-deal

More on this episode - https://go2.money/generational-wealth

In 2022, Financial fraud exploded into a $9 billion per year criminal enterprise and the psychological tactics being used to groom trusting elders are disturbing. Even worse is how our society tends to blame the victims, leaving them silenced by shame and embarrassment instead of showing empathy. While financial fraud affects people of all ages, elders typically lose far greater life-altering amounts when targeted by scams.

My guest today is a true advocate working on the front lines to support those affected and push for real change. Kathy Stokes is the director of AARP's fraud prevention programs and she joined me at FinCon 23 to have a frank discussion about the elder fraud epidemic in America. She explains the importance of awareness and knowledge around financial scams and why we desperately need greater empathy and advocacy to combat these predatory schemes.

Join us as we shine a light on this crisis and explore how even small acts of empathy and advocacy can help safeguard the wellbeing of those we cherish.

Resources mentioned:

AARP Fraud Watch Network - https://www.aarp.org/FraudWatchNetwork

AARP Fraud Watch Network Helpline - 877-908-3360

Transform your money story - https://go2.money/book-deal

More on this episode - https://go2.money/scams

What fuels someone to hustle their way out of childhood adversity and achieve massive financial success as an adult?

Our guest today transformed periods of homelessness as a child into laundromat riches as an adult. Danny D’Angelo’s unpredictable upbringing shaped his pragmatic money mindset and hustler mentality from a very young age. After experiencing homelessness, Danny went on to make over $1 million in a single year in his late 20s after building a laundry empire and now mentors others in the business.

Now the self-proclaimed “King of Laundry,” Danny shares his rags to riches mindset. He emphasizes taking big risks and having “balls” in business and money.

Join us as we explore Danny’s incredible journey and unconventional philosophies around entrepreneurship and prosperity. His tenacious spirit provides powerful lessons for anyone striving for success.

Resources Mentioned:

Danny's King of Laundry YouTube Channel - https://www.youtube.com/@KingofLaundry

Change your money story for $1 - https://go2.money/book-deal

More on this episode - https://go2.money/laundry