Kate Campbell

I've been told my whole life I'm bad with money and that's just my reality and I can't do anything to change it.

And they can often hold us back from getting started, can't they?

Yeah.

And the more we repeat these phrases to ourselves in that little loop in our heads, the more they stick with us and we start believing them.

And we tell enough people in our lives that they start believing them as well.

Like just one example that's not finance.

I'm not really great with my sense of direction, whether it's following Google Maps or just trying to make it to the place I just came from in the city and

I've told myself that and repeat so many times.

Plus, I've told everybody else around me.

So they're like, OK, it's not good with directions either.

And I've kind of let that stop me from trying to get better with my sense of direction.

And I know this isn't a money related thing, but I guess there's some similarities there where the more times you repeat that pattern and tell everybody else, it kind of it's a self-fulfilling prophecy almost.

And you stop trying to overcome that thing.

One of the statements you made in the book was that most markets go up most of the time.

And I know you've looked at a lot of different markets across the world.

Are you able to expand a bit more on this statement?

Because I know a lot of people do get scared that when they look at the sort of history of the market, that that was in the past and the future is not going to be like that.

Often when people say they want to be better at money, one of the first things they want to try and target is their budgeting.

I know we've had listeners write in before and like, oh, I've tried a lot of different budgeting methods, but I still can't really figure out what works because my expenses change every month.

Do you have any strategies there?