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