In this episode of Money Talk With Tiff, Tiffany Grant dives deep into the concept of scarcity with special guest Scarlett Stanhope, also known as "The Biz Hippie." Scarlett and Tiffany explore how scarcity mindset affects financial decisions, ways to identify if you're operating in scarcity, and actionable steps to shift towards an abundance mentality.

Check out the full show notes: https://moneytalkwitht.com/podcast-show-notes/understanding-scarcity-mindset/

About Our Guest

Scarlett Stanhope, aka The Biz Hippie, teaches coaches to conquer their finances and own their worth so they can be fully supported by the work they love! Scarlett harnessed the power of money to break free from her workaholic career path and pursue her dreams.

She uses a combination of tangible money management strategies as well as a variety of coaching techniques to help her clients transform their mindset and relationship to money, allowing them to strategically achieve their goals and live their best lives.

Key Takeaways

• Understanding Scarcity: Scarcity is the belief in "not enoughness," impacting daily actions and decisions, particularly around money.
• Identifying Scarcity: Recognize actions driven by fear, stress, or anxiety. It's often not based in reality but in perception.
• Combating Scarcity: Awareness is the first step—get clear on your financial reality and create your safety.
• Impact of Society and Family: Cultural norms and family teachings heavily influence scarcity mindsets.
• Scarcity vs. Abundance: Abundance isn't dependent on a specific amount of money but on your relationship with money. It’s about natural growth and possibilities.

Actionable Steps

1. Notice Scarcity: Pay attention to decisions driven by fear or stress.
2. Pause and Reflect: Understand what’s causing the fear and if it's grounded in reality.
3. Get Real: Review your finances to see the true picture and eliminate fear of the unknown.
4. Seek Safety: Create safety in your financial choices.

Special Offer

Scarlett is offering a free 30-minute Abundance Activation Session. Dive deep into recognizing scarcity blocks and get a roadmap towards abundance. Visit www.thebizhippie.com/activate to book your session.

Connect with Scarlett Stanhope

• Instagram: @thebizhippie
• Website: www.thebizhippie.com

Connect with Tiffany

• Website: moneytalkwitht.com
• Social Media: @moneytalkwitht on all platforms

This podcast uses the following third-party services for analysis:

Podcorn - https://podcorn.com/privacy
OP3 - https://op3.dev/privacy