The Year Everything Was Chaos

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Making Change with your Money 42 min 2 speakers 3 chapters transcribed 1 month ago
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Why does money feel heavy even after doing mindset work?

Laura Rotter 0:00
Imagine you've done everything right. You've worked on your money mindset, you've done the inner work, the journaling, the healing, and yet your bank account still doesn't reflect any of it. At some point or another, you've probably asked, Why does money feel so hard? Why do I know what I should do, but still can't seem to do it? You've tried affirmations, abundance, Mindset work, even therapy. But here's what most people miss. Mindset without skill set is half the equation. My guest today, Megan Hale, learned this the hard way. She was a trained therapist who knew every psychological trick in the book and still couldn't get her money to work. It wasn't until she was one month away from giving birth to her second child, with her military husband about to deploy for six months that she
Laura Rotter 0:56
That she opened a spreadsheet for the very first time and asked herself, What do I actually need my money to do for me? That one question, asked from the most chaotic season of her life, changed everything. In this episode, Megan shares the framework she built from that moment, how she doubled her revenue and Paid off thirty thousand in debt. And built a fintech company designed to help women entrepreneurs do the same. If you've ever felt like you're chasing someone else's definition of financial success, this episode is for you. Welcome to Making Change with Your Money, a podcast that highlights the stories and strategies of women who experienced a big life transition and overcame challenges as they redefined financial success for themselves.
Laura Rotter 1:50
Now here's your host, Certified Financial Planner, Laura Rodder. Welcome, Megan, to the Making Change with Your Money podcast. Thank you so much for having me, Laura.
Megan Hale 2:03
I can't wait to be here and have a great conversation.
Laura Rotter 2:06
Back at you. I'll start as I always do with the question, Megan, what was money like in your family growing up? Oh, this is such a juicy question.
Megan Hale 2:16
I think that money always equated stability and security in my family. And I would say that like most households, my parents had different ideas around what was the right thing to do with money, especially when it comes to doing like the smart, wise, responsible thing. And I would also say that I think in as in most families, we have financial figures that are Really important and influential for us. For me, my paternal grandmother was a huge financial role model for me.
Laura Rotter 2:49
Wow.
Megan Hale 2:49
And it's actually taken some time to really sauce out what I wanted to move forward with from what she's taught me and what I wanted to leave behind. Um, because she had very strong opinions on debt. Um, she had very strong opinions on investing, she had very strong opinions on spending, which worked out really, really well for her and what she wanted money to look and feel like for her. But I really had to do Thanks for sharing.
Laura Rotter 3:19
That and I wonder if you could say a little bit. I'm so used to my guests, my clients, Megan, saying I didn't really get messages. I saw some things, but money was never talked about. So I'm intrigued by what you said about your paternal grandmother. How did how was this communicated? Did she actually say
Megan Hale 3:42
Oh yeah, totally. I mean, I remember there were moments when my parents were in debt and they had to ask for a loan. And just the way that she received that, the way that she talked to them about she she saw that as being very irresponsible of them. And so she had very, very strong opinions about that. And so I remember those memories very, very clearly. But also going to her house, I remember she had this big old legend. Major? And she was the one that kept all the numbers, all the accounts. And so she was modeling at a very young age just the importance of knowing your numbers, of keeping track of everything. She was the financial leader in her household. And she was a self-made woman. So she paid for her own house.
Megan Hale 4:25
She like she did all of these things at in a historical time when that wasn't normal for a woman to do. And so she taught me so many things just from the things that I heard her say, but also the things that I watched her practice.

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