002: Leisa R. Peterson - Overcoming Financial Trauma and Teaching with Empathy
Mindful Money
How Does Scarcity Affect Your Money?
People who had a lot of trauma early in life seemed to have it come and affect their money now. The one that nobody complains about are the people like us, she says. "Our society acts like if you have money everything's awesome but then you can also look on the other side" She explains how spending as an emotional gap filler was taught by her mom when she was young.
Leisa Peterson is the Founder of The Wealth Clinic and author of the Amazon best-seller The Mindful Millionaire. Leisa is also the host of The Mindful Millionaire podcast, a show that features inspiring discussions, interviews and commentary aimed at teaching self-mastery and practical financial wisdom. Leisa is a mindfulness teacher and long-time finance-pro, who joins the show today to share her expertise. Today, Jonathan and Leisa touch on the topic of financial trauma and how it can have such a profound impact on a person’s financial future. Leisa provides her thoughts on the dangers of having a scarcity mindset and what affect it can have on your finances. They talk about the importance of teaching financial literacy, especially to young people, in order to foster financial success. Finally, Lesia speaks to the value of applying a mindful approach to money and highlights a bold move each of us can aspire to for a better financial future.
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Key Takeaways
00:03 – Jonathan introduces today’s guest, Leisa Peterson, who joins the show to share some of the early lessons she learned about money growing up and discusses the concept of financial trauma
07:27 – Leisa provides examples of financial trauma she’s witnessed throughout her career
15:23 – Lesia reflects on her own career development
20:20 – How trauma affects financial success
25:35 – The dangers of having a scarcity mindset
26:53 – The importance of teaching young people financial literacy
32:02 – The Less Than Fifty Percent Rule
36:15 – Questioning the assumptions of what you value
39:08 – Something Leisa changed her mind about recently
41:13 – One thing that Leisa wishes people knew about her
42:53 – Jonathan thanks Leisa for joining the show and lets listeners know where to learn more about her
Tweetable Quotes
“You have to control your destiny because your destiny is not going to just deliver itself on your front porch.” (05:45)
“What I think is first and foremost the most important thing is that you can’t just tell yourself affirmations or read a book to change how you feel about yourself. What I have seen is you actually need to be in the presence of a mentor and a group of people who are shifting that at the same time. You have to be an example of it on a regular basis.” (08:28)
“I am in a ‘Take Out More’ space because I am enough, because I see the value that I’m creating in the world. And that starts to create feedback loops because the business, or the money, starts to come in but it’s fueled by this sense of self that is not prideful but fully enveloping the life and the care and the compassion and the love that we bring into what we’re doing. It’s a much fuller experience than most people give themselves permission to live.” (14:19)
“It’s helpful to show people their patterns, such as, ‘This is what it feels like to be stuck in scarcity and let me show you what it looks like on the other side because I want you to be able to do this for yourself in the future.’ And I’ll start to show them the possibilities that they’re not even aware.” (26:12)
“The idea that you could have all of your necessity expenses at less than fifty percent of the income coming into your home is a game changer.” (33:13)
Guest Resources
Leisa’s Websites – https://www.wealthclinic.com/
https://www.mindfulmillionairebook.com/
https://podcasts.apple.com/us/podcast/mindful-millionaire-with-leisa-peterson/id1507801376
Leisa’s Book:
Mindful Money Resources
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