These are some of my favorite episodes
#1 Episode #53 and 54 “We grew up poor but we could be millionaires”
Annie and Austin were both raised without knowing where their next meal would come from. They came to me looking for a way to break the relentless chain of generational poverty that they’ve experienced… and that they fear they’re passing on to their two young children.
The good news is that it’s not too late for them, or anyone, to start making the right decisions and move toward a Rich Life they can be proud to pass on. They bring in about $130k a year in a low-cost region, and since they’re only in their twenties, they can expect to make more money as they get further into their careers.
Annie and Austin have never been taught about money. So listen in as I meet them where they are: zero savings, $68,000 in debt, and no tools for managing their finances. Stick around next week for part two of this conversation, where we dig into the numbers and present long-term solutions.
https://podcasts.apple.com/us/podcast/i-will-teach-you-to-be-rich/id1577864998?i=1000571208810
https://podcasts.apple.com/us/podcast/i-will-teach-you-to-be-rich/id1577864998?i=1000574756766
#2 Episode 51 “We went bankrupt, but I still have no boundaries with money”
Katie and Cal are in their mid-twenties and, after moving around a bit, they live back home in Alaska with their young children. They bring in about $100k a year and have a good chunk of debt, about $25k of that they transferred to Katie’s mom for a better interest rate—a move which has hopelessly entangled her in their finances.
What do you do when a family member who means well (they all do) oversteps the line? Listen in to hear how Katie and Cal come to terms with the truth—that her mom’s influence has got to go—and how they might start to enact that very difficult change in their lives.
https://podcasts.apple.com/us/podcast/i-will-teach-you-to-be-rich/id1577864998?i=1000569662949
#2 Episode #49 “Our housing expense unexpectedly went up $2k when we bought our first home.”
“Elena and Eric are both 25. They live in Toronto, and they make $160k as a household. They love going to EDM festivals and spend thousands of dollars every year traveling to them—it’s their Rich Life! The problem is that they also own a condo that’s draining their savings at a rate of $2k every month. They’ll be broke in two years.
Before this call, Elena and Eric made a pact that they would NOT consider selling their condo, no matter what I said. But we learn that they’re committed to keeping the condo for all the wrong reasons.
What will it take for both of them to see the truth in their error? To admit a mistake and commit to moving on as a team? First, we need to see if either of them are even willing to budge on the subject. Listen in to find out.”
This one I really enjoyed because he talks about the value in doing something that you love you shouldn’t give up things that make you happy and this episode helps you reframe in a more empowering context to add more of what gives you happiness in life.
https://podcasts.apple.com/us/podcast/i-will-teach-you-to-be-rich/id1577864998?i=1000567981718
#3 Episode #45 “She tells me that it’s my fault we can’t live the life we want to live.”
Sarah earns more than Andrew. They’re unmarried but imagine a future together, or would like to. The problem is that Andrew’s existing money scripts (and $65k in debt) have him frozen—unable to spend but also unwilling to seriously plan a way out.
She wants to spend money on things like vacations, but he doesn’t feel like he can afford to spend. To make things worse, he feels terrible about money in general because that’s how his dad raised him—his presence looms over the conversation.
We need to cut out the negative judgments and help Sarah see things from Andrew’s perspective. Then we can talk to Andrew about the mindset to overcome his past—and current—money issues.
https://podcasts.apple.com/us/podcast/i-will-teach-you-to-be-rich/id1577864998?i=1000564641899
#4 “The ghost of FIRE still haunts our money mindset- we can’t enjoy money.”
Carolyn and Gavin have been married for ten years. They have three small children and bring in about $130k annually—with a healthy $500k in investments. So what’s the problem? Once we look closer, specifically at their obsession with money mechanics, we see a deeper issue.
They learned these bad habits as members of the FIRE community, a lifestyle they’ve left behind but that continues to haunt their money mindsets to this day. To make matters worse, Carolyn has disassociated from the family’s money conversation completely.
How do you work as a team when one member refuses to participate? And how can you reset your instincts related to saving and spending after so many years repeating bad habits? Listen in to find out.
https://podcasts.apple.com/us/podcast/i-will-teach-you-to-be-rich/id1577864998?i=1000565499730
#5 Episode 8 “My wife is spending too much money.”
Natalia prioritizes experiences over finances. She doesn’t want to miss out on life, so if she wants to visit her family, she doesn’t wait to check their budget — she gets on a plane. Andres, on the other hand, worries about money. He remembers growing up without money and doesn’t want to go back there again. He’s pushing to save, invest, and anticipate what’s coming around the corner – especially now that they have a son.
They’ve both become used to only talking about money in the heat of the moment. Because of their different perspectives on money, they’ve adopted roles in their relationship: Natalia says she’s the overspender, while Andres is the worrier who tries to tamp down on spending.
This is a classic push and pull role you see in so many couples. But as I dig in, you’ll discover some fascinating reasons behind the roles they’ve given themselves.
Listen as I flip the switch on Andres’s approach to the conversation he’s having with Natalia. What if “we can’t afford to go away” turned to “what trips would you like to plan for the future?” What if money planning was part of a planned conversation instead of a heated clash? What if talking about money was based on possibility instead of scarcity?
Listen in to this conversation with Natalia and Andres.
#6 Episode 45 “She tells me that it’s my fault we can’t live the life we want to live.”
Sarah earns more than Andrew. They’re unmarried but imagine a future together, or would like to. The problem is that Andrew’s existing money scripts (and $65k in debt) have him frozen—unable to spend but also unwilling to seriously plan a way out.
She wants to spend money on things like vacations, but he doesn’t feel like he can afford to spend. To make things worse, he feels terrible about money in general because that’s how his dad raised him—his presence looms over the conversation.
We need to cut out the negative judgments and help Sarah see things from Andrew’s perspective. Then we can talk to Andrew about the mindset to overcome his past—and current—money issues.
https://podcasts.apple.com/us/podcast/i-will-teach-you-to-be-rich/id1577864998?i=1000564641899
#7 Episode 44 “Trust in the universe and it (or my partner) will provide
“Today’s couple is actually on the same page when it comes to their Rich Life, but they’re not making much progress toward it. Alex brings in $70k from a full time job. Charlotte runs their joint business that isn’t making much money yet, but should be soon. They both know what they want, they just have different perspectives on how to get there.
Despite their income recently doubling, they are living paycheck to paycheck—while outright ignoring over $200k in student loan debt. Charlotte believes the universe will take care of them … but when it doesn’t, Alex feels like he has to step in and fix everything.
Charlotte is highly intuitive, but intuition alone won’t get you to a Rich Life—you also need to be able to analyze your situation. Hearing Charlotte and Alex work toward common ground may help you realize where you’re playing small in life by relying too much on one skill set while ignoring the other.”
This one was interesting because so many of us struggle with paying off our student loans. Having a game plan currently helps and when getting into a marriage. It’s important to talk about all of these potential land mines that could play a role in a marriage many of us never spoke about our debts people sometimes forget that when you marry someone you also inheritage a lot of their debts and student loans is one of them.
https://podcasts.apple.com/us/podcast/i-will-teach-you-to-be-rich/id1577864998?i=1000563494544
#8 Episode #43 “Our $300k income is variable and declining but we aren’t adjusting our lifestyle.”
“How do you manage your finances when your monthly pay is inconsistent? Vince makes around $300k a year in the mortgage industry, while Kasey focuses on raising their kids at home.
Despite that rather high average income, the actual monthly takeaway is incredibly variable—one month could be $25k, the next month just $2k. That uncertainty is causing Kasey a lot of stress. On top of that, Vince’s income has been steadily decreasing. Vince chooses to remain positive; Kasey is afraid of the worst happening. But neither of them is willing to look at what they will do if that worst-case scenario does happen. When times are good, they spend guilt-free. But when times aren’t as good, they begin to worry that they’ll never come back out of that hole.
There are reasonable concerns when it comes to not knowing how much money you will have coming in month to month. There are also ways to work around this. Let’s find out exactly how worried Kasey and Vince should be, and what they can do to set themselves up to feel more secure.”
He’s a mortgage broker and being mindful of the trends is important and not to get too carried away and face the facts especially if your income is declining.
https://podcasts.apple.com/us/podcast/i-will-teach-you-to-be-rich/id1577864998?i=1000561774335
#9 Episode #37 “My love language is spending money I don’t have.”
“Money can be a way of showing love, but what happens when you’re spending money you don’t have? Does spending any less mean you love the people in your life any less?
It seems simple, sometimes it’s not.
Meet Jessica and Javier. She’s tried to help him with his financial literacy, but Javier only knows how to show love through spending. Unfortunately, his love is bigger than his paycheck. Not only that, he’s admittedly ignorant of how credit works. He relies on magical money thinking and is unrealistic about what it’s going to take to pay it off.
We’re going to get to the root of Javier’s relationship with money and show him what’s ultimately at stake here—everything. It’s one thing to realize you’re making bad financial decisions, it’s another to turn the page on everything you know to be true about yourself. Let’s get into it.”
So many of us want to treat our families. This one certainly hits home as we try to over-compensate by caring for people, even spending money we shouldn’t be spending.
https://podcasts.apple.com/us/podcast/i-will-teach-you-to-be-rich/id1577864998?i=1000556294295
#10 Episode 34 “It’s unromantic if my boyfriend doesn’t pay for date night.”
Ashley and Josh both have high incomes but they find themselves arguing about who pays for what. Like a few past guests, Ashley thinks certain things are the man’s responsibility to pay for, but Josh wants a partnership. He feels like her spending is more out of obligation than true togetherness.
These unspoken expectations are toxic. They’re eating away at what they both like about being together, and they need to be addressed right away.
We all have internal beliefs and expectations around money, and they have deep roots. Let’s do some digging with Ashley and Josh to see what we can uncover.
https://podcasts.apple.com/us/podcast/i-will-teach-you-to-be-rich/id1577864998?i=1000554057412
