Paco de Leon, author, podcaster, and entrepreneur, discusses overcoming scarcity mindset, childhood money stories, and the impact of scarcity and uncertainty on everyday lives. They also explore practical strategies to resist impulse buying and finding alternative fulfillment.
The scarcity mindset warps our perception of money and self-worth, impacting decision-making and personal well-being.
Scarcity is perpetuated by marketing messages and societal pressures, leading to not-enoughness in various areas of life.
Cultivating presence, mindfulness, and gratitude can combat scarcity mindset and promote intentional consumption.
Deep dives
Overcoming Scarcity Mindset
In this podcast episode, the hosts discuss the scarcity mindset and how to overcome it. They explore the impact of scarcity on decision-making and personal well-being. The guest, Paco De Leon, shares her journey of finding fulfillment in helping the creative community with financial advice. They examine the ways in which scarcity relates to personal beliefs, fear, and the need for safety and security. The conversation highlights the importance of being present and finding gratitude as antidotes to scarcity.
The Influence of Not-Enoughness
The podcast delves into the connection between not-enoughness and various aspects of life, such as alcohol consumption and consumerism. They reflect on the impact of marketing messages and societal pressures that perpetuate the idea of not being enough. The conversation raises awareness about the manipulative tactics used by the modern consumer industry. The hosts and guest suggest ways to combat these influences through mindfulness, intentional decision-making, and reevaluating true desires and motivations.
Seeking Presence
The conversation explores the importance of cultivating presence and being mindful. The hosts discuss the need to disconnect from distractions and reestablish a connection with oneself and the present moment. They encourage listeners to find joy in simple things and appreciate the beauty in everyday experiences. The suggestion is made to practice gratitude, savoring moments of beauty and pleasure, and rediscovering childlike wonder as ways to foster presence.
Navigating Consumerism
The podcast addresses the challenges of consumerism and the constant desire for more. The hosts discuss practical strategies to combat impulsive buying and promote intentional consumption. They suggest creating a buy list and implementing a waiting period before making non-essential purchases. The conversation encourages considering alternative ways to fulfill desires, such as engaging in hobbies, spending time in nature, and connecting with others.
Embracing the Journey
The podcast concludes by emphasizing the importance of self-reflection and personal growth. The hosts and guest acknowledge that the path to overcoming scarcity mindset and finding fulfillment is an ongoing journey. They highlight the value of being compassionate with oneself while actively challenging limiting beliefs and staying open to new perspectives.
[Ep. 17] Are you scared that you’re one mistake from losing it all? We all experience some form of the scarcity mindset. This mindset warps money into our self-worth, our “enough-ness,” safety and security amidst the real (and imagined) risks out there. We look at climate change, our childhood numbing ourselves with consumerism/substances, childhood money stories and whether you actually need money to change your money mindset.
