39 min listen
043: Kim Trathen - Money Mindset & Our Relationship
FromMindful Money
ratings:
Length:
39 minutes
Released:
Feb 3, 2023
Format:
Podcast episode
Description
Upcoming Event!How Can Mindfulness Give You a More Abundant Retirement?Are you ready to let go of anxiety and find the peace of mind you seek as you prepare for your golden years? Your Answer Lies in These 5 Critical Retirement Questions: Am I on track for financial independence?What do I need to do to get on track?How do I design a mindful investing portfolio?How do I manage that portfolio and my income over time through changing markets?How do I prepare non-financially for retirement? What are the dominant variables in a happy retirement?Learn more: https://courses.mindful.money/mindful-retirement-review-workshop/Kim Trathen is a business, money, and mindset coach, three things that are foundational to the process of building wealth and creating financial independence for our families. Her favorite topic is how our thoughts about money shape our ability to make more money. Today, Kim joins the show to share how her own relationship with money was forged, what inspired her to become an entrepreneur, and why she is so passionate about helping female founders.? Watch on YouTubehttps://youtu.be/f8VPekrW4z0Key Takeaways00:59 – Jonathan introduces today’s guest, Kim Trathen, who joins the share her philosophy on money, what it means to have a healthy relationship with money, and the importance of awareness09:33 – What inspired Kim to start her own business13:39 – A passion for helping women and the difference between a consultant and a coach20:08 – The importance of entrepreneurship in the journey to financial independence28:35 – Kim speaks to some of the more common ‘mainstream’ money beliefs32:36 – One piece of financial advice to focus on and one thing to absolutely avoid35:17 – The last thing Kim changed her mind about and the one question she would like to know the answer to36:28 – Jonathan thanks Kim for joining the show today and lets listeners know where to connect with herTweetable Quotes“Saving is such an important part of being financially healthy, but I took it to an extreme where I actually made us live like we were poor. And we would sock everything away so that I wouldn’t see it, because I had this deep perception that I might turn into a nasty person if I had access to all of this money.” (04:43) (Kim)“I think, as so often happens with things, whatever is the negative that is going on seems to have the stronger influence on the brain. It’s not too surprising that I came out with that unhealthy relationship with money because that was the negative piece that my brain hung onto. As our brains process information, we all absorb it differently, and it impacts us differently. It wasn’t until I was well into adulthood that I started recognizing that maybe that’s not the healthiest approach that I have.” (08:03) (Kim)“When I first sat down I had a divine inspiration one night that I really didn’t want to work foranybody else. I wanted to be an entrepreneur. I wanted to have that freedom lifestyle. I wantedto be able to make choices about how I spend my time, who I spend my time with, things likethat. So, I knew I wanted to be an entrepreneur.”(13:45) (Kim)“Some people will ask what’s the difference between a coach and consultant. My personaldefinition is that a consultant will come in and tell you how to do something. So, if you hire aSales consultant, they will come in and tell you how to do your Sales; they will train your people.A Marketing consultant may write your entire Marketing Plan for you. I view my role...
Released:
Feb 3, 2023
Format:
Podcast episode
Titles in the series (100)
006: Mark Silver - Enlightening Entrepreneurs To Approach Money with Heart, Spirituality and Compassionate Patience by Mindful Money