Elizabeth Westendorf is an Associate for Atwood Financial Planning, LLC and a comprehensive fee-only by the hour financial planner. She specializes in working with young professionals to help them start financially strong and meet their goals. In today’s episode, Elizabeth shares how she manages her money and mental health after surviving a traumatic accident. Also, after reaching what she thought was success and realizing from her mistakes the connection between money and mental health, Elizabeth left her full-time job and shifted careers. Learn how she was able to rebuild a vision for her life into something new.

“There's a whole lot of risk in staying somewhere where you know you won't be happy and that you know will kind of erode at your mental health long-term.” - Elizabeth Westendorf

 

Timestamps 02:22 - Elizabeth's experience that made her realize the correlation between money and mental health 06:52 - When Elizabeth was hit by a truck and how it affected her perspective on money and mental health 14:00 - Why Elizabeth left what she thought was her dream job to focus on being self-employed 21:24 - The "sunk cost fallacy" - how it’s preventing you to pivot and how to deal with it 24:40 - How Elizabeth considered money/financial aspect during her career transitioning 29:00 - How self-employment affected her mental health 33:34 - The financial challenges that women are facing today and how we can address those 40:20 - Elizabeth’s money tip

Resources and People Mentioned Lori Atwood Lola Retreat Merrill Lynch Study

Connect with Elizabeth Instagram - Elizabeth owningthestars.com Instagram - Fearless Finance by AFP atwoodfinancial.com

Connect with Melanie mentalhealthandwealth.com melanielockert.com Instagram Contact: [email protected] Attend our next Money Management Check-in Party

 

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