Ready to finally take control of your finances? We dive into the common roadblocks that hold us back from reaching our financial goals. Discover why your mindset might be your biggest obstacle, the power of knowing your numbers, and how to navigate the crucial relationship dynamics that impact your money. It’s time to stop making excuses and start making progress – we’ll show you how.
Erica joins this week’s podcast as we talk about:
– The impact of mindset and limiting beliefs on financial progress
– The importance of tracking net worth and expenses
– Overcoming the “it’s too hard” mentality and building positive financial habits
– The crucial role of communication and alignment in relationships
– Reframing tradeoffs as intentional decisions, not sacrifices
– Distinguishing between “wants” and “needs”
– Understanding your savings rate and its significance for retirement
– The power of small wins and celebrating micro victories
Show References:
- Inside Out Money episode #055 – Our formula for how much to keep in your emergency fund
- friends on FIRE podcast #035 – 10 F.I.R.E. Extinguishers + How to avoid them
- Money mindset quotes
- friends on FIRE podcast #027 – Why Tracking Net Worth Matters
- friends on FIRE podcast #060 – Budgeting vs. Tracking Expenses
- friends on FIRE podcast #015 – Expense Tracking Gone Wild
- Inside Out Money episode #045. The one metric you likely don’t track: Lifetime gross savings rate
- Inside Out Money episode #022 – How much do you need to retire? Flaws in the 4% rule
- friends on FIRE podcast #151 – How to make paying off debt fun
- friends on FIRE podcast #164 – Debt pay-off, thrifting, ethical landlording, and more with Budget Girl Sarah Wilson
- friends on FIRE podcast #107 – Why you should reject Dave Ramsey’s Debt Snowball Method, and what to do instead
- Inside Out Money episode #028 – Love and money – navigating finances in a relationship
- friends on FIRE podcast #109 – Talking to your partner about money
- friends on FIRE podcast #034 – Split or Combined Finances
- Inside Out Money episode #059. Splitting Finances with Your Partner – Practical Approaches for Financial Transparency
- Inside Out Money episode #102 – Beyond the Headlines: Making Sense of Inflation, Tariffs, and Your Investment Strategy
- Inside Out Money Episode# 066 – Mid-year spend review with Liz, Andrew, and Greg
- Inside Out Money Episode #014 – Liz’s $700 dinner, Maggie’s $17K medical expenses, and Andrew’s $18 on coffee – Mid-year expense review
- Inside Out Money Episode #014 – 2023 Expense Review
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