Episode 235: How To Beat Money Anxiety, Quit Toxic Budgeting, And Invest With Empowerment, with Finance Coach Nicole Stanley

July 22, 2024 Cailyn and Gillian

What’s your relationship to money? Is it rooted in fear? Scarcity? Shame? Abundance? Generosity? It turns out, all the hot stock tips and budgeting hacks are only half of the equation… for a lot of us, the missing ingredient is improving our mindset around money.

Approaching your money management from a place of empowerment, compassion and self-worth can make all the difference for your financial success, and embracing that financial success can unlock new opportunities and impact in your life: After all, money is a gateway for other areas of growth in your life.

But money is still considered taboo for many, and it can come with all sorts of judgment and anxiety. So we called in Nicole Stanley, the Founder & Head Financial Coach of Arise Financial Coaching. After battling crippling financial anxiety in her early twenties, Nicole enrolled in her first personal finance course and made changes to go from 30K in debt to building over a quarter-million in net worth for her family at age 27. Arise Financial Coaching has now served over 600 clients and has been featured in TIME, Yahoo Finance, & CNET.

Today’s episode is a must-listen reframe if you struggle with financial stress and toxic money patterns. As Nicole says, the way you earn money becomes half of your life… and the way you spend money becomes the other half.

Tune in to hear more about:

Financial habits we should be starting early, no matter how much money we make
How Nicole moved her family from debt to an impressive net worth on a modest salary
Overcoming toxic frugality and financial diet culture
How to budget while still living a life you can enjoy
The energetics of money and what we believe about it
How to overcome scarcity and develop a positive, generous mindset with money
The differences between financial stress and financial anxiety
Nicole’s refreshing take on “lifestyle creep”
The Steps To Success money framework
Leveraging the power of compound interest