Yoga | Wellness | Money

Yoga | Wellness | Money

By Patricia MunroeBusinessHealth & FitnessEducationSelf-ImprovementInvesting
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Yoga | Wellness | Money episodes

  • Know Nothing, Build Wealth: 7 Simple Money Habits Anyone Can Start

    What if you could know practically nothing about money and still build a financially comfortable life? In this Money Monday episode, I share the 7 simple habits that helped me go from a broke college student with a "shotgun" 401(k) to early retirement. We cover embracing your inner frugalista, keeping housing costs low, the 3 questions to ask before any splurge, the personal finance books worth reading, and why you should never play rich instead of being rich.

    P.S. I promised five tips, said "number five" twice, ended on six, and gave you seven. Money I can count. Tips, apparently not.

    Show notes:

    In this episode:

    • 00:00 You can know nothing and still build wealth
    • 00:31 My orthodontist's money advice and the graph that changed everything
    • 03:33 #1: Embrace your inner frugalista
    • 05:58 "In this family, we earn interest. We don't pay interest."
    • 08:17 #2: Watch your housing costs
    • 10:59 Get a roommate (or two)
    • 11:55 Divorce: why keeping the house can cost you
    • 13:31 #3: Ask "Can I afford it?" The 3 questions
    • 17:05 #4: Read at least 3 personal finance books
    • 19:33 #5: Have a long-term plan, and don't play rich
    • 22:40 #6: Make a spending plan (and loosely track it)
    • 27:50 The $800-a-month alcohol story
    • 29:52 #7: Grow your income: skills, experience and an updated resume
    • 31:50 Recap

    Before you splurge, ask yourself:

    1. Do I have a 3–8 month emergency fund, based on my actual expenses rather than my take-home pay?
    2. Am I out of consumer and student loan debt?
    3. Am I automatically putting 10–20% into retirement every month?

    If the answer to all three is yes, you can probably enjoy that trip or treat.

    Books mentioned:

    • As a Man Thinketh by James Allen
    • Charles Schwab's Guide to Financial Independence by Charles Schwab
    • The 9 Steps to Financial Freedom by Suze Orman
    • Smart Couples Finish Rich and Smart Women Finish Rich by David Bach
    • The Millionaire Next Door by Thomas J. Stanley and William D. Danko
    • The Bogleheads' Guide to Investing by Taylor Larimore, Mel Lindauer and Michael LeBoeuf
    • The Total Money Makeover by Dave Ramsey

    Also mentioned:

    • The Ramsey Show's "debt-free screams" on YouTube

    Connect: yogawellnessmoney.com

    If this episode helped you, I'd love a 5-star rating and review.

    34 min
  • Creating Your Life: 6 Principles for When Life Doesn't Go as Planned

    Your future isn't something that happens to you—it's something you build. In this episode, we'll talk about the excuses that quietly keep us stuck and how intentional choices today can help create the life you truly crave.

    Show Notes:

    After six years away, I'm back behind the mic. A lot has changed since I last recorded in early 2020. Your life today isn't luck or chance. It's the result of thousands of small decisions, habits and responses, some intentional and some not.

    In this episode I share what a year of grief and loss has taught me. I talk about why the "be happy all the time" message drives me bananas, why discipline beats motivation, and six principles for creating a life you love: the setbacks included.

    In this episode:

    • 00:00 Your life is the sum of tiny decisions
    • 01:38 Back after six years: what changed since 2020
    • 02:50 Why we're not meant to be happy all the time
    • 06:10 A season of grief and loss, and what it's teaching me
    • 08:16 Life as a hero's journey
    • 10:01 Motivation vs. discipline (and a story from my brother)
    • 12:40 Principle 1: The setbacks were written in
    • 14:27 Principle 2: No effort is wasted
    • 16:52 Principle 3: Consistency beats intensity
    • 18:23 Principle 4: Think things through in quiet
    • 20:07 Principle 5: Write to purge
    • 22:43 Principle 6: Gratitude is woven into a good life
    • 25:43 Creating your life: one better choice at a time

    Key takeaways:

    • Expect setbacks. They're part of the path, not a detour from it.
    • Effort you've put on the shelf, like old skills, old savings or old workouts, still counts.
    • Set goals small enough that you can hit them most days.
    • Before you call a friend or ask an app, give yourself quiet time to think.
    • When your brain is spinning, write it out. You can tear it up afterward.
    • Get specific and a little silly with gratitude.

    Resources mentioned:

    • Huberman Lab episode on expressive writing with Dr. James Pennebaker: https://www.hubermanlab.com/episode/a-science-supported-journaling-protocol-to-improve-mental-physical-health

    Connect:

    • Website: yogawellnessmoney.com
    • Sign up on the website for free e-book, Diving for Dollars, or purchase for Kindle at: https://www.amazon.com/dp/B0HM7BR8VF
    29 min
  • New Decade: Purge and Plan
    Don’t wane! Even though it’s late January, let’s stick with purging the past and strategically planning our future. And if strategery is not your strong suit, then sit back and at least imagine what you’d like your life to look like 1, 5 or 10 years from now. Today’s podcast includes a window into my […]
    21 min
  • Sell or Keep Passive Income?
    Yes, because it builds equity and if it’s our primary residence for 2 of the past 5 years, we could sell it and pay no capital gains ($250,000/$500,000). But if we just live in the house, we have security and “rent control” but it’s a “personal use” asset and not making us monthly income, unless…
    25 min
  • Money: Start with the End in Mind
    Too often, we talk about budgeting now for "retirement" later. But a non specific future isn't very motivating. In today's podcast, we explore the vision of where we see ourselves on a very micro level. A really specific description of who we'll be, what we're wearing, who's around us, where we are. Then map backwards.
    23 min
  • Passion vs. 9-5 Job
    Got a 9-5 and feel guilty that you're not pursuing your passion? Don't fret! Hopefully you're in a great position to earn a reliable, predictable income, contribute to your employer's 401K and otherwise set your financial life in motion. Keep setting goals and pursuing passion projects on the side. A wise financial plan buys plenty of time later to do what you love all the time!
    19 min
  • Morning Rituals
    Does your morning start with more “ughs” than “aaahs”? Mornings are your soul’s prime real estate…make sure you guard what parks there first thing upon waking. In today’s podcast, we explore various morning routines to start our day feeling blessed. Below are two books I reference. I recommend either of them if you’re seeking inspiration […]
    18 min
  • Be Still, Be Satisfied
    Part of being financially at peace is to learn to be satisfied. Grateful. Still. Unfrantic. Today's podcast is about how one retired mother achieved financial peace on less than $40,000 a year.
    19 min

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YogaWellnessMoney is the place where we talk about keeping our money, our health, and our lives in balance.