116. Mastering Your Money Mindset with The Good Life Money Coach

Power, Purpose & Prosperity - Life & Leadership Strategies for Impact-Driven Leaders

Do you think achieving success in one aspect of your life should guarantee success in others? How do your perceptions of money influence different areas of your life, such as your career and relationships?
In this episode of the Power, Purpose, & Prosperity Podcast, Sabine speaks with Barbara Welch about the importance of financial literacy, overcoming challenges, and embracing gratitude on the journey to financial empowerment. Barbara is the co-founder and Managing Director of Inheritance Development LLC, a firm offering business and personal finance coaching & consulting under the brand "The Good Life Money Coach
Listen in as we dive into the world of financial success for women, addressing common misconceptions and offering practical insights to creating “the good life.”
Key Takeaways:

• The positive impact of the current economic conditions in driving women to start and grow businesses.
• How to address financial fears and misconceptions and develop a healthy relationship with money.
• The impact of confidence and avoiding comparison on achieving financial goals and overall success.
• The difference between having the desire for wealth and embodying a growth mindset/taking actionable steps.
• How to build resilience, change your mindset, and overcome financial difficulties through gratitude.

What You Will Learn in This Episode:

• [02:18] Barbara’s career journey, from her start in banking to her entrepreneurial ventures and founding her current firm.
• [07:11] The trends in women starting businesses and the impact of current economic conditions on financial planning.
• [10:06] The common financial pitfalls for women and the importance of women developing a healthy relationship with money.
• [13:11] Understanding the concept of holistic wealth – integrating mental, emotional, and spiritual health alongside financial success.
• [17:46] The power of doing self-work and self-examination to break cycles of financial fear and worthiness issues.
• [21:49] Barbara on the characteristics and behaviors of women who excel in financial management and wealth building.
• [27:10] Understanding the role of a growth mindset and the difference between desiring wealth and embodying a growth mindset.

Connect with Barbara:

• Website: thegoodlifemoneycoach.com
• LinkedIn: https://www.linkedin.com/in/barbara-welch-brooks-m-s-36b45211

Book Recommendations:

• The Good Life Money Mindset: 8 Principles For Living The Good Life Now

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HOST INFO:
Sabine Gedeon is a transformative figure in leadership and personal development and serves as the CEO of Gedeon Enterprises. With nearly two decades of experience, she guides clients in startups and Fortune 500 companies. Sabine's unique approach combines human-centered principles with tech-enabled solutions, delivering customized programs for leaders at all levels to tackle crucial leadership and talent development challenges.

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