Money Stories

Philip McKernan: He Lost Everything and Found His Gift - Money Stories Ep 20

37 snips
Jul 25, 2025
Philip McKernan, a speaker and author, shares his journey from the brink of financial ruin to self-discovery and purpose. He candidly discusses how inherited beliefs about money shaped his self-worth, nearly sabotaging his future. The conversation reveals the emotional toll of chasing wealth and the importance of vulnerability in connecting with others. McKernan emphasizes that true fulfillment comes from serving others, not just accumulating success. His SoulSet philosophy encourages individuals to strip back to their authentic selves and embrace their gifts.
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INSIGHT

Money Scripts Shape Identity

  • Philip's early money memories involved control and conflict around finances in his family.
  • His father's focus on money as a success metric deeply influenced his own relationship with money.
INSIGHT

Rejecting Yet Needing Money

  • Philip pushed money away to avoid being like his father and its controlling narrative.
  • Despite this, he recognized money was necessary for life, freedom, and fulfillment.
ANECDOTE

Real Estate Collapse Abroad

  • Philip and partners invested heavily in Canadian real estate just before the 2007-2008 recession.
  • The Irish economy collapse wiped out their business and assets, leaving them nearly broke overseas.
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