The Broke Generation

It’s 2024, and I’ve set 24 goals for myself, my finances, and my business. From spontaneous trips to doubling my podcast listenership, these goals reflect a mix of building on past achievements and future growth. Balancing bold targets, such as running a live event, with practical steps like monthly business strategy reviews, I'm determined to make 2024 a transformative year. Join me on this journey and share your 2024 goals too! Plus, if you fancy leaving a podcast review on Apple Podcasts or a star rating on Spotify, you'd be helping me kick off one of my goals! Episode highlights: Reflecting on the achievements of last year's goals, The impact of having a list of goals, emphasising accountability and self-reflection, Building routines, with the intention to develop more structured habits in my daily life, Striving for balance in personal and professional life, with specific goals related to financial and business aspects, The value of interconnected goals, where working towards one, actually helps another goal too! “So I feel like I've gone from a year of experimentation… and now I want to like, refine that and sort of lay down some patterns using that data."Emma [10:57] “I'm sort of getting into that mindset of working three months ahead of myself in terms of what I'm planning to do, so that I can think about plotting out those times I want to take off ahead of time rather than trying to take it off in the moment"Emma [27:43] “If I can give anybody any advice in terms of, like I guess, mental health and finding your passions and things like that and like finding yourself, it's find things to be proud of that aren't work."Emma [46:32]   Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @the.brokegeneration  Pre-order my book, Good with Money! Out February 27th 2024  Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

In this last episode of The Broke Generation podcast for 2023, we’re diving into the annual Guided Reflection, exploring the highs and lows of our individual financial journey this past year. I’ll walk you through some helpful questions and introduce my LILAC framework (Leave, Improve, Learn, Achieve, Carry) to gain insights into your successes, challenges, and major life events and to help you plan for the upcoming year. Now armed with this valuable data, it's time for you to sit with it, empowered to plan your next year with intention. It’s time to leave behind what no longer serves you, seek improvement, continue to learning, and set achievable goals. If this episode has you hungry for more reflection, check out my Reflect & Reset workshop series, you can watch the replay for session one now, and catch the second workshop on the 14th of January. And hey, don't forget about my upcoming book, "Good With Money," available for pre-order, check the links below.  I’ll see you next year! Episode highlights: Work through my Guided Reflection, a lite version of my Reflect & Reset workshop series, Looking back at major events, experiences, financial ups and downs, and leveraging that reflection for personal growth, Unpacking the LILAC Framework (You know I love a framework!), Bring clarity to your financial situation, understanding personal behaviours, and setting meaningful goals. “Reflecting is so powerful and I'm going to go out on a limb and say, I actually don't think that you can do the deep work on your money mindset, your money perspective to change your reality without doing a bit of reflection."Emma [04:35] “Think about if your year in money were a book or a movie, what would it be called? What would the Shownotes be? What would the reviews be?"Emma [19:23] “How do we hold ourselves back? How did other non-financial things perhaps get in the way of our financial progress?"Emma [22:43] Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @the.brokegeneration  Sign up for my Reflect & Reset Workshop Series, workshop one is now available for replay! Pre-order my book, Good with Money! Out February 27th 2024  Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

Welcome to part two of my Year in Review! In case you missed the first part, it dropped last Thursday, so be sure to give that a listen. Today, we're diving in from July, where I'm sharing the highs and lows of juggling running my own business, writing a book and everything else that life felt like throwing at me! From working to the bone on my book, to dealing with the challenges of maintaining mental health, we're covering it all.  Despite some very heavy challenges, the second half of the year definitely started to come up (thanks Milhouse Mindset!). While in rock-bottom’s basement, my book was eventually becoming more solidified, and my wardrobe challenge gave me an extra boost of positivity. Reflecting on the year, I'm proud of overcoming challenges and finding a level of financial stability in my second year of full-time self-employment. So, let's jump right into the second instalment of my journey through the year. Episode highlights: Finding my rhythm with university studies and the rest of my schedule, The importance of scheduling breaks and maintaining boundaries when it comes to rest, The importance of the supportive business community, How the Milhouse Mindset has been helping me in the later half of the year (Check out Episode 115: My game-changing mantra for the last 3 months of 2023). “By the middle of the year, really started leaning into the really lovely business self-employed community that I kind of cultivated over the last few months."Emma [07:59] “Now I can chill a little bit before we hit the ground running in the New Year in terms of like goals and stuff for 2024."Emma [33:13] “You sow seeds, and they bloom. I'm hoping that in the new year they can bloom. And I've also, you know, I'm not going in blind, but a bit of a direction for what I want to do in Jan and beyond."Emma [35:50] Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @the.brokegeneration  Pre-order my book, Good with Money! Out February 27th 2024  Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

Strap in for part one of a two-part year in review extravaganza! I walk you through each month, sharing the behind-the-scenes of my life, money, and business. From navigating the challenges of self-employment, to the complexities of health issues and the exciting inception of the year-long wardrobe pause challenge, this year has been non-stop! In between everything else, I have also been writing a book (available for preorder now!), and in this episode I’m giving you a peak behind the curtain about how I went about juggling that with the rest of my life. I also get real about how my freelancing and sponsored content has been going, and where this podcast fits in amongst it. Stay tuned for part two, where I'll be talking about the latter months of 2023, I promise it’s more positive than the start. Remember - Milhouse Mindset! Episode highlights: It’s my first full year of being self-employed! I’m chatting about what I’ve learned from it, Challenges in mental and physical health, along with a busy schedule due to study, Writing my book! Holy moly this is a big chunk of my year, but obviously it has a good ending! Reflection on the podcast's growth, and the challenges and complexities of sustaining a podcast. “This year in general just turned out very different to how I expected in terms of like I had some mental and physical health things that needed to be dealt with."Emma [06:41] “I kind of realised that I wanted to finish study and I wanted to finish the book before I did this, sort of like next, I guess, phase because of, I guess the uncertainties that I was feeling around that."Emma [07:54] “I knew that completing the book would not only give me this kind of beacon to stand behind of like what my work represents and also the confidence of standing behind that and the accomplishment and the achievement of finishing that project, as well as my study."Emma [09:05]   Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @the.brokegeneration    Pre-order my book, Good with Money! Out February 27th 2024    Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

‘Tis the season for reflection! This episode I’m kicking off with a review of my 23 goals for 2023, both my achievements and setbacks, and exploring the reasons behind why some goals weren’t met - and whether I’ll be giving them another crack next year. I’m sharing insights into my own personal growth over the year, the challenges I faced, and the emotions tied to achieving my goals. I also share personal highlights, such as overcoming the mental hurdle of getting a new car and the importance of taking breaks. Whether they’re fun activity based like rock climbing, or important super contributions, goals should be made for yourself!  Episode highlights: Reflecting on the benefit of adding a level of accountability to goal setting, The importance of flexibility in adjusting goals, especially when faced with unexpected challenges, Overcoming mental hurdles in financial decision-making. “Even if you do not share your life and your goals with the internet and listeners and things like that, I really encourage you to just set a list of 24 things that you want to do, even if those things aren't even necessarily hard, just things you want to do."Emma [02:42] “I have really found that it's pushed me to saying ‘come on, we've got three months left of the year. Which of these can you do?’ Or even just take a step closer to some of them."Emma [03:00] “I'm pretty happy with having this list because I'm like, you know what I'm going to put I'm going to find $1,000, or if it's 500, I'm going to put it in there so that I have done something for future me."Emma [13:12] Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @the.brokegeneration  Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

In today's episode, I’m sharing a personal technique I've been using to boost my productivity and achieve goals - making promises to myself. When you make a promise to a friend, you work hard to keep that promise, right? So it’s time to treat yourself with the same level of respect and commitment! I’m covering four big reasons why this approach is effective and how it can be applied to various aspects of life, not just your finances. I also have a little challenge for you, to help build momentum fostering self-respect and building a positive self-identity. Tune in to discover how this method can enhance self-trust, improve financial habits, and create a routine for achieving larger goals.  Episode highlights: Micro actions lead to macro results, Integrate positive habits into daily routines with small daily promises, Build momentum, learn what works and refine your routine for long-term success. “I've had a lot of hard things to do, like life stuff, business stuff. I've had to pretty much bribe myself to be a functioning adult."Emma [02:43] “Making a promise to yourself not only sets the intention at the time but actually brings that concept of saying, I'm going to do this, I am respecting myself."Emma [06:43] “Every time you follow through, when you break something down, follow through with it, the power is back in your hands and allows you to go a bit further and a bit further and a bit further every single time."Emma [14:10] Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816Instagram: https://instagram.com/the.brokegenerationTikTok: @the.brokegeneration  Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

Have you got your card details at the ready for Black Friday tomorrow? Maybe you’re hanging out till the Cyber Monday deals instead? I’m swooping in with this episode just before tomorrow’s frenzy with a bit of insight into the psychological aspects that can influence our spending behaviour during sale periods. The current economic landscape, marked by reserved spending and consistent interest rate hikes, can make even the most disciplined saver more susceptible to the allure of a good sale. Now is the time for mindful decision-making! I’m also discussing the challenge of dealing with regret avoidance spending, (Hello FOMO!) especially when faced with significant discounts. This is the time to be strategic, isolate your shopping behaviours, and prioritise mindful spending over impulsive decisions.  Tune in for some practical tips, including price comparisons, checking alternative platforms for better deals, and leveraging discounts and cashback opportunities. Episode highlights: Experts are predicting significant discounts during Black Friday, with 71% of retail experts expecting high discounting, Five #SpendingTraps that could test you this sale season The importance of comparing prices, checking alternative platforms like marketplaces and Depop for better deals, and leveraging discounts and cashback opportunities to maximise savings. “Because of the cost of living crisis, people's discretionary spending is down. We're being a lot more reserved. So they're needing to entice us to spend a little bit more."Emma [03:40] “Be really, really careful with big discounts when you see them because it's going to throw everything else out of context."Emma [10:17] “Being good with money does not mean being perfect. It's all about how you respond."Emma [25:31] Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816Instagram: https://instagram.com/the.brokegenerationTikTok: @the.brokegeneration  Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

By now, you've probably heard me talk about the significance of aligning your personal values not just with savings and investments but also with your day-to-day spending. In this episode, I'm highlighting the importance of recognising and understanding your natural spending tendencies and how they shape your financial behaviour. It's about mastering the art of blending your financial choices seamlessly with your unique personality and priorities! Like most things, there are pitfalls and exceptions to navigate. I share my own experiences, shedding light on the nuances of values-based spending, and the ongoing challenge of distinguishing between conditioned wants and genuine needs. The beauty of this approach lies in its dual nature: indulging in things that truly matter while also saving or investing in alignment with those core values.  And because learning doesn't have to be all serious, I've got a couple fun exercises for you to try. These will guide you in uncovering and comprehending your financial values. Remember, getting to know yourself is the first step in getting on top of your money! Episode highlights: The importance of understanding and acknowledging your behaviour and motivations, How savings and investments can also honour your values, contributing to your overall financial well-being, Assessing how well current financial behaviours reflect values and potential for adjustments. “It's a lot easier to shut out a lot of that noise when you have your financial values nutted out and you really get into the flow of aligning your money to these values."Emma [10:34] “I've noticed a lot that my priorities, my values are shifting and not like going against each other, but more just becoming more refined."Emma [17:55] “Finding a way to honour your values in some way in your financial routine makes your money, makes your relationship with money instantly stronger, and it makes it easier to engage in the behaviours that are conducive to positive financial outcomes."Emma [31:07]   Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @the.brokegeneration  Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

If you’ve clicked on this episode it’s probably because you’re fighting that nagging feeling that you’re ‘behind’ in life. It's a topic that resonates with all of us, consuming our thoughts more often than we'd like to admit. Featuring voice notes from listeners, sharing their own experiences with this all-too-familiar sensation, and how to navigate the complex feeling of being behind in life. Feeling behind isn't just about the numbers; it's about the choices we make, the experiences we gather, and the unique circumstances that shape our journey. Together we explore the need to discern the specific triggers that make us feel behind and the underlying emotions driving these perceptions. It’s important to define your own unique path, discover your core values, and find contentment in their distinct journey. Episode highlights: Learning to differentiate between the societal pressure to conform to certain life milestones and your own personal desires and values, Recognising privilege and how comparing yourself to others who may have had different opportunities can be counterproductive, The importance of self-awareness and personal growth. “Getting aware is the very first stage, and that might be noting little things down if and when they pop into your mind or getting better at sort of slowing down and noticing when these thoughts and feelings are coming to you."Emma [11:15] “Where can you kind of move away from that goal that's been sort of drilled into you is the right thing to do."Emma [39:11] “There is no decision, there is no end destination, there is no place you can be in your life where you don't have questions about where you're going next."Emma [39:35] “The older you get, stage of life matters so much more. I've got friends that are 25 and I've got friends that are in their forties, but the stage of life is kind of more important than the age."Emma [42:26]   Where to find The Broke Generation Website: https://thebrokegeneration.com/?v=518f4a738816 Instagram: https://instagram.com/the.brokegeneration TikTok: @the.brokegeneration  Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.

It’s the final guest episode of the year and I am so excited to be joined by Annelise McCarthy, owner and founder of ‘Her Speaking Coach’. This week, we're delving into the often intimidating world of confidence, communication, and self-belief as Annelise explores the five factors that frequently hinder women from speaking confidently: fear of judgement, perfectionism, imposter syndrome, comparison, and people-pleasing. We discuss how these factors can be interconnected and how they can impact our ability to speak up and trust ourselves. Annelise stresses that building confidence isn't solely about mastering the technical aspects of speaking; it's also about cultivating a resilient mindset, and embracing your individual voice. External validation is a natural human need, but the journey towards self-belief involves finding a balance between seeking validation and developing internal self-trust. Remember, building confidence is a continuous journey, and it's crucial to prioritise self-compassion, self-awareness, and a dedicated commitment to challenging these limiting beliefs. Episode highlights: How confidence in speaking is not just about having the right tools or techniques but also about working on your mindset, voice, and body language, Addressing the challenges people face when trying to express themselves, advocate for their ideas, and overcome self-doubt in various aspects of their lives, not just in formal presentations, The importance of confident listening - confident communication involves both speaking and listening effectively! “The more that you avoid that fear, you validate the fact that it's scary."Annelise [10:45] “It's so hard to know where to start with breaking out of those things when they've been such ingrained patterns. I'll think that I've got over a hurdle I've been having, but then something will happen… and it kind of rears its ugly head again."Emma [26:26] “We talk about these powerful tools that we can use to overcome that external validation piece and to overcome perfectionism, whatever it might be. I think it's really human to want to be validated."Annelise[28:50] Where to find AnneliseWebsite: https://www.herspeakingcoach.com/Instagram: https://www.instagram.com/herspeakingcoach/LinkedIn: https://www.linkedin.com/in/annelise-mccarthy-b31533142/ Where to find The Broke GenerationWebsite: https://thebrokegeneration.com/?v=518f4a73881Instagram: https://instagram.com/the.brokegenerationTikTok: @the.brokegeneration  Sign up to The Glue: the weekly money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.See omnystudio.com/listener for privacy information.