Mentally Stronger with Therapist Amy Morin 181 — The Money Mindset Makeover to Help You Cope with Financial Anxiety with Elizabeth Husserl
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Jan 27, 2025 Elizabeth Husserl, a registered investment advisor and co-author of "The Power of Enough," shares valuable insights about financial anxiety. She discusses how our mindset influences our relationship with money and reveals the importance of identifying personal financial stories. Strategies to differentiate between genuine financial concerns and misconceptions are highlighted, along with practical tips for creating a spending plan. Husserl also introduces a transformative 30-day challenge designed to alleviate financial stress and emphasizes the need to separate self-worth from net worth.
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Building a Healthy Relationship with Money
- Define your relationship with money, acknowledging its presence.
- Understand your triggers, weaknesses, and strengths related to finances.
Money's Significance and Stress
- Money often represents worth, power, and choices, linking it to stress.
- Decouple self-worth from money by focusing on neutral terms like asset size.
Uncovering Financial DNA
- Elizabeth Husserl explores her family's financial history to understand her scarcity mindset.
- She aims to break the cycle of scarcity for her daughter.
