Australian Finance Podcast

Your Money Reset: How to Boost Net Worth, Self Worth & Income

Oct 15, 2025
Gemma Mitchell dives into transforming your financial mindset as she introduces six key steps for a money reset. Discover how to track your net worth and build a financial safety net, while creating a supportive community around you. Learn the importance of a healthy money mindset and how small habit changes can lead to success. Reassess your goals after major life events and align budgeting systems with your aspirations. Plus, explore ways to boost your income through upskilling and side hustles for long-term prosperity.
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ADVICE

Measure Your Net Worth Regularly

  • Track your net worth at least once a year to see the whole financial picture.
  • Calculate assets minus liabilities so you can measure progress beyond bank-account swings.
ADVICE

Create A Full Safety Net

  • Build a broader safety net that includes an emergency fund and a support 'village' of people and professionals.
  • Use a 'sleep at night' test of questions to check if decisions align with how you want to feel.
INSIGHT

Mindset Shapes Financial Behaviour

  • Money mindset shapes decisions and can silently sabotage progress through negative self-beliefs.
  • Small, repeatable wins reinforce identity as 'someone who can save' more than unrealistic targets that fail.
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