Flex Your Money Muscles to Reprogram Your Broken Money Brain with Jeannie Dougherty
Manage episode 437886241 series 2803016
What if the secret to your financial freedom lies not in your bank account, but in the way you think about money? Today, we will dive into the fascinating world of money psychology with Jeannie Dougherty, a renowned money expert and mental fitness guide. Discover how to reprogram your "money brain" and unlock the key to financial abundance and success.
Jeannie reveals the surprising truth about the emotional roots of our financial decisions and breaks down the difference between making money and building lasting wealth and introduces us to the concept of "money muscles." Think of it like a workout for your finances—small, consistent actions that build up your financial strength and prosperity. Patty and Jeannie also emphasize the importance of shifting from a scarcity mindset to an abundance mentality, sharing tips on reducing stress, improving communication, and bolstering financial confidence.
Plus, Jeannie offers a quick money type quiz on her website to help you understand your financial habits better. Tune in for practical advice, fresh perspectives, and actionable tips to level up your financial game.
Key Takeaways in this Episode:
- Understanding the "Broken Money Brain" - Broken Money Brain is not a physical condition, but a combination of emotions and behaviors that influence our financial decision-making.
- The concept of "Money Muscles" - “Money Muscles” is the repetitive actions and habits we need to develop to achieve our financial goals.
- Overcoming Common Money Blocks - Overcome money blocks by having a system and a team to handle financial challenges.
- Strategies for Rapid Financial Results - Strategies like checking for unaccounted money, making offers to clients or friends, and exploring options beyond credit or loans to achieve rapid cash flow improvements.
- Building Self-Confidence through Financial Agility - Improved financial awareness and decision-making can lead to better sleep, communication, and relationship building, boosting self-confidence and the ability to pivot in business.
- Understanding Money Archetypes - Jeannie's money type quiz helps individuals identify their money archetypes and understand how they make financial decisions.
- Shifting from Scarcity to Abundance Mindset - Shifting from a scarcity mindset to an abundance mindset can open up new opportunities and creative solutions to financial problems.
"If you want to make a change, if you want to go big, if you want to have the money that you need for an emergency, if you want money or more money for your retirement, you need to have a better financial conversation. All of that is on the right side of the brain. It's through the empathy, it's through the curiosity. It's the ability to navigate. It's the ability to activate when you're like, ‘Oh, there's a money situation, let me get on it’, not avoid and pretend it's not happening." ~ Jeannie Dougherty
About our Guest:
Jeannie Dougherty, a money expert, speaker, and author, brings a fresh perspective to transforming money mindsets for entrepreneurs. Her approach of rewiring and fixing 'broken money brains' resonates with those seeking financial stability and abundance. Through her transformative strategies, Jeannie helps individuals and professionals navigate emotional financial decisions, cultivate financial confidence, and build their money muscles. With a focus on overcoming money blocks, Jeannie's insights empower entrepreneurs to embrace a new narrative and achieve their desired financial change.
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