Death on the Daily Financial freedom, grief and being there for what matters the most in life
I am joined today by Hannah Mayfield, founder of What Is Wealth. We explore the relationship between grief, financial freedom and money mindset.
Hannah shares her personal journey of navigating her father's death and how it propelled her into the world of finance. Plus how financial freedom enabled her to be there when her Nan was dying.
We discuss the importance of financial planning, particularly pensions, and how understanding one's money mindset can empower you to take control of your financial future. We also speak about the impact of ancestral patterns on financial behaviours and the significance of open discussions about money and inheritance.
We dive into the complexities of navigating grief, financial preparedness, and the emotional weight of inheritance. Discussing the importance of having financial plans in place to ease the burden on loved ones during difficult times. Exploring ethical investing, and how to approach financial decisions with compassion and awareness.
This episode has inspired me greatly. I hope it will for you to - so that you can take control of your financial future in a way that is in alignment with your values.
Key takeaways
- Financial resources provide the freedom to be present during difficult times.
- Grief and money are interconnected in complex ways.
- Understanding money mindset is crucial for financial empowerment.
- Pensions are essential for longterm financial security.
- Starting financial planning early can significantly impact retirement savings.
- Ancestral patterns influence our relationship with money.
- Open conversations about finances can ease the burden of inheritance planning.
- Navigating grief can shift one's perspective on life and priorities. We avoid talking about death, but it's essential.
- Take your time when dealing with inheritance.
- Emotions around money can be complicated.
- Legacy isn't just about finances; it's about kindness.
- Switching to more ethical banks and pension funds can make a difference.
- Small financial actions can lead to significant change.
Disclaimer:
This podcast is for entertainment purposes only and does not constitute professional advice. Nor is it a substitute for professional support.
Follow Death on the Daily:
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You can connect with Hannah Mayfield here:
Instagram: https://www.instagram.com/hannahwhatiswealth/
LinkedIn: https://www.linkedin.com/in/hannah-mayfield/
Website: https://www.whatiswealth.io
The theme music for Death on the Daily is Set Free by Katie Gray, which is used with artist's permission.
You can connect with Katie and her music and work here https://www.katiegray.com.
This podcast is edited by David Strutt, who you can contact here for any editing needs: davidstrutt2@gmail.com
Chapters
00:00: Navigating Grief and Financial Freedom
10:50: The Importance of Pensions and Financial Planning
20:26: Understanding Money Mindset and Ancestral Patterns
23:55: Navigating Grief and Financial Preparedness
28:14: Empowering Financial Decisions After Loss
31:59: Understanding Legacy and Its Emotional Weight
34:43: Aligning Finances with Ethical Values
40:21: Demystifying Investment for Everyday People
44:19: Words of Wisdom for Your Past Self