The Color of Money | Transformative Conversations for Wealth Building

109. Redefining Wealth: The Six Pillars That Change Everything with Patrice Washington

Sep 17, 2025

Patrice Washington, an author and behavioral finance coach, dives into how mindset and habits shape true wealth. She recounts her journey from real estate success to starting over after the 2007 crash, emphasizing the importance of radical honesty and breaking old patterns. Patrice introduces her Six Pillars of Wealth: Fit, People, Space, Faith, Work, and Money, illustrating how they interconnect. She encourages listeners to clear mental clutter, build meaningful relationships, and choose faith over fear to redefine what wealth means for them.

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ANECDOTE

From Seven Figures To Starting Over

Patrice went from a seven-figure real estate business to scraping change to feed her daughter after the 2007 collapse and medical debt.
That fall and recovery sparked her mission to teach wisdom and financial psychology rather than just technical skills.

ANECDOTE

Blog Turned Into A Movement

After hitting rock bottom Patrice started a blog on March 9, 2009 that led to writing for Black Enterprise and Upscale.
That blog and media work grew into a podcast with millions of downloads and her Redefining Wealth platform.

INSIGHT

Wisdom Is Applying Knowledge

Knowledge without wisdom fails because wisdom is the application of knowledge.
Patrice studied behavioral finance to help people apply what they know by addressing beliefs and behaviors.

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What if the real drivers of wealth aren’t budgets and spreadsheets, but mindset, habits, and the spaces we live in? In this episode, Julia, Daniel, and Emerick sit down with Patrice Washington—author, coach, and founder of Redefining Wealth®—to explore the Six Pillars of Wealth and the psychology that shapes our financial lives.

Patrice shares her rise in real estate, the 2007 collapse that forced her to start over, and how surrender and radical honesty reshaped her path. We talk about the biases that keep people stuck, why high achievers often neglect their health and financial planning, and how clearing clutter in our relationships, spaces, and beliefs opens the door to better money outcomes.

Patrice explains each pillar—Fit, People, Space, Faith, Work, and Money—showing how they intersect to protect vision and create freedom. She reminds us not to weaponize today’s wisdom against our past selves, to choose from faith instead of fear, and to let joy be both the standard and the currency for our decisions.

Resources:

Learn more at The Color of Money
Learn more about Patrice’s work at patricewashington.com
Listen to the Redefining Wealth Podcast
Pillar Mastery
Become a real estate agent HERE

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Produced by NOVA

This podcast is for general informational purposes only. The views, thoughts, and opinions of the guest represent those of the guest and not Keller Williams Realty, LLC and its affiliates, and should not be construed as financial, economic, legal, tax, or other advice. This podcast is provided without any warranty, or guarantee of its accuracy, completeness, timeliness, or results from using the information.