Mastering Money Mindsets For Your Mental Health

Word on the street is that we can develop money mindsets from just 7 y/o, so when it comes to being solely responsible for earning, spending, saving, and investing our money as adults, it's no surprise that most of us struggle to get a grip on it. 

CJ chats with Emilia Nutley, a Money Coach and Financial Strategist who is the woman behind helping us pay ourselves more, grow profit, and fund our lives. 

Expect revelations that’ll leave you shook and takeaways you wish you’d learned sooner like:

1. Why there's no truth behind the "I'm bad with money" mindset.  
2. Ways to gain more knowledge with money, investments, and crafting your own financial strategy as you grow your revenue. 
3. Mo money, mo problems? Not necessarily. Emilie explains what to do if you feel trapped by your growing wealth. 
4. 3 things you can do immediately to improve your relationship with your money.

Where to find Emilie - 

Instagram: https://www.instagram.com/emilienutley

Threads: https://www.threads.net/@emilienutley

LinkedIn: https://www.linkedin.com/in/emilienutley/

Website: https://emilienutley.co.uk/

Book Recommendations Emilie recommends in the show:
Keeping Finance Personal by Ellyce Fulmore
You Are a Badass At Making Money by Jen Sincero
I Will Teach You To Be Rich by Ramit Sethi
Girls That Invest by Simran Kaur

Where to find lil ol' me - 

Instagram: https://www.instagram.com/onherplate_/

Threads: https://www.threads.com/@onherplate_

LinkedIn: https://www.linkedin.com/in/cj-robinson-1009005b/

Website: onherplate.com.

Transcript

Welcome to the Energized Entrepreneur podcast. I'm your host founder of On Her Plate Educating and
Empowering female entrepreneurs to repave the foundation of their business with a nourishing diet so
they can match their energy with their growth rate. I am genuinely honored to be inside of your ears right
now. If you're listening to this, you must be a female entrepreneur looking for your permission to hustle
in a way that puts your health first. Well, great news, you found it. Let's power up this episode. welcome,
Emily, to the Energized Entrepreneur podcast. How are you? I'm good. Thank you so much for having
me on this lovely hot day. We were just talking about before we hit record. We were just being the most
British people ever and saying how July was pretty shocking in terms of how bad the weather was. And
now it's too hot. It is too hot. So I'm just going to go right out and say that, um. Yeah, just own it. Like
own the Britishness. Own that. I complained in July because it was too cold. And I'm complaining in
August because it's too hot. We're allowed to. We're allowed to at least I've been eating an ice cream a
day. I know I'm saying this as a nutritionist, I don't care. I the ice cream is just one of the only things that
calls me down at the moment. So that's the positive that I'm taking from this weather. Yeah. Yeah. We'll
just sit here and sweat it out together. Um, so so let's jump straight in with the hot seat questions. I like to
do this to loosen everyone up and let the listeners get to know you on all personal level before we dive
into the professional side of things. So I'll dive straight in. What was the latest podcast or TV series that
you binged? The latest TV series that I binged was Bridgerton. She's a Bridgerton girl. Oh, she is as in
me as well. Yes, you both are. Yeah, I don't normally watch, like, TV and stuff, but if, like, the new
series, I was like, it's got to be done. Yeah. Especially as they made us wait, like two years. I Right. felt
like it was justified. That were not the two year wait, but the the binge Yeah. session that happened? Yes.
Uh, great. If you could eat one meal for the rest of your life, what would it be? Tuna pasta? Interesting.
Yeah. Tuna pasta. Mayonnaise. Sweetcorn I from mean. a sweetcorn. From a tin. It's Oh. sweeter. Green
giant. Mm. Oh, obviously. That is a classic dish. Is it? Is there, like, a nostalgia element there or or. Yeah.
Yeah. It's like what my mum would always make me if I think. Like if I was just. Just what she Yeah.
would always make me. I pretty much ate nothing else as a child. Um, so now it is. But my son, my
toddler doesn't like it. Which, honestly, like, hurts me to the core. He I'm still just going to keep feeding
it to him. has time. He has time to Yeah. develop into that. Mature into it. Okay. City or countryside? I
mean, on a hot day like this, I feel like I know what you might say, but let's put it let's give it a nice
temperature of 21. Yeah. It's city every day. Okay. I felt Yeah, like you were going to say. I, I can't do
countryside, I just, I need things to do. I need to be busy. Yeah. That's fair. Okay. Favorite workday
beverage? Cherry Pepsi max. Oh, delightful. Nice. Okay, Yeah. lastly, your go to hype song for when
you need to power through a block of work. So I don't really have a song, but I do have. So Ludovico and
Aldi, Oh. it's like he's like a pianist. Yes. Pianist or however you say it. Um, essentially, if I can't listen to
anything with words, if I'm trying to focus. So it's like, more like background and like something about
like. Just like, really cool piano. Like. Makes me feel like I'm in, like, an action film or like a dramatic
film and like, this is my soundtrack. I love Piano music. Lovely. Okay, great. So they got to know a bit
better. We like that. But now we'll get into the hard stuff. So over to you. What do you do and why do
you do it? Give us a nutshell intro. so yes, I'm Emily, I'm a money coach and financial educator. I work
with professionals, entrepreneurs, Okay. their own mums, the full shebang, um, essentially to help you
get in control of your finances, um, so that you can make financial decisions with confidence. So all
about the mindset, releasing shame and being. I come at it from a very, like empathetic place. Like there's
no shame, there's no judgement. Um, I just want you to achieve your financial goals. And that's what I'm
here to help you to do. a lot of how you educate and how you talk about the money mindset is and we'll
get into like more into this later. But I think for me, a lot of it stems from. Almost like childhood, like my
family have notoriously Mhm. been. I'm going to use quite good with money. Um, and I think you know
what I mean by that. Like, they're super sensible with money. Save everything. Don't spend frivolously.
And so that's how I got brought up with that kind of money mindset. And if you do anything else other
than that, it's considered irresponsible. And et cetera. ET cetera. But I think I'm the I'm the youngest in
my family by by quite a mile. Like my brothers are ten years older than me. So I think there's a a slight,
um, difference in how we think about money as well, like millennial women. Um, think and think about
and spend their money differently, too. And especially, Mhm. you know, when they transition into
owning their own business. It's just a minefield of what you can spend your money on. And and so I
think there's just a lot to unpack. I'm sure you pick a you don't pick a lot of things and a lot of threads
from your clients. Mhm. Um, so yeah, that's why I wanted to get you on. Really? Because I think it plays
a huge part in your mental health when you're a business owner, and essentially when you're running
your business on your own. Finances are scary. So, yeah, um, I love that. That's why I got you on. And
I'm going to ask the next question because I'm just I'm excited about all the questions. So I know you're
very much into and an advocate for exploring the neuroscience behind money mindsets and how our
brains perceive real and perceived scarcity when it comes to money. Can you speak more to that in terms
of a negative money mindset? And when people tell themselves, I'm bad with money, you know, maybe
where does that come from? And all that deep rooted things? Please explain. Yeah. So the reason why I
love going into the neuroscience, the psychology behind money, is because it helps us, if we can
understand how our brains is, are deciphering the capitalist society that we live in, then we can make
more educated decisions and choices. It's almost like you kind of learn that your brain is wired against
you. So our brains are wired from, you know, the primal days where we cave dwelling, lived in tribes,
um, you know, hunter gatherers, that kind of thing. Our brains are not designed to live in a capitalist,
consumerist society where we have this fictional thing called money. Um, so our brains literally don't
know what to do. So I think that's the first thing to be like. Your brains don't know what to do. It's okay if
you don't know what to do. Um. But the reason why, the reason why we feel bad with money, it it comes
down ultimately to how our brain is perceiving everything it sees throughout your life. So you mentioned
your childhood. Your childhood has the biggest impact on your money mindset. And there's research to
suggest that your money mindset is set by the age of seven. Um, in that like you, what you've learned
about money is then like how you then go and act it out unless you learn more, kind of relearn, rewrite
those scripts. And our brains have a negativity bias, which is they love to focus on the negative. Again,
going back to that, like primal wiring, it's all to do with how a negative threat back in the day was usually
life or death. Now it's not now. It's the most useless piece of evolution that we've kept. But it means that
we focus on the negative things that happened in our lives. So when the unexpected bill comes up, when
we've, like, gotten stuck in like a credit card cycle, when we've not made enough money to be able to pay
our bills that month. And, you know, our payment plans have, you know, bounced back. Those are what
we're focusing on. We're not focusing on any of the good stuff. So it's it's really easy. If anything, it's
easier to say that you're bad with money than it is to say that you're good with money. That on top of.
The society as a whole telling us which is hot. It's kind of all messed up, basically. Companies use
financial, behavioral, behavioral finance against us in order to get us to spend money. Yeah. So
everything was sold is a solution to our problems, Yes. but it costs money. And but money is our
problem. For a lot of us, because we have is a limited resource for a lot of us the month to month. So
yeah, it can be easy to blame ourselves for all of those things that are just going on in the world, in life,
around money, when actually you're probably doing okay. You just need to understand a bit more about
your financial situation, your goals, what you can afford, what you can't afford. Just a direction. Nine
times out of ten, it's the direction you want to go in. I waffled. But No, yeah. no. That was a really good
answer. I think it's a really important point to make as well that, you know, we we miss out on the on the
good things about about that. So a great example that came to my head was when, um, whenever I spend
money on something that maybe is a bit frivolous or, you know, but. Well, yeah, a bit frivolous, maybe I
buy a new pair of trainers and could I really happily afford it? And, you know, like, feel really giddy
about buying them, like, I don't know. But just from that perspective, I now no longer feel good about
buying the trainers. Mhm. I feel I reinforce the belief that I'm bad with money. I shouldn't have spent
that. It was too frivolous. You know, that's the kind of example that I got in my head, because I did used
to do that all the time, whereas instead I could have focused on, well, I could afford those and I wanted
them and I feel good in them. But that, you know, is totally dismissed Mhm. once the negativity comes
in. Right. Mhm. Yeah. Absolutely. And there's one thing I want to bring up around the word frivolous
because it gets mentioned so much when. And we all know what it means. We say frivolous spending.
We all know what it means yet. Have you ever heard a man say it or a woman say it or anyone say it
about a man. Has a man ever spent frivolously? Oh good one. No, I don't think so. The word frivolous is
applied to the way that women spend money. To imply that we're not good with money, we can't be
trusted with money we. Because back in the day, we're traditionally the male of the household would go
to work and earn while the woman raised the household both equally important jobs. But the man were
bringing Yeah. the money. So there's this idea of the woman, how that woman is spending that money
and whether they're spending it on the family or whether they're spending it on necessities or non
necessities, and this idea that we don't deserve to spend money on non necessities because we haven't
earned it, but nowadays we do earn money, we do earn our own money. We absolutely deserve to spend
it. But that word and the connotations with it have come with us through the generations so that now, as
women were still shaming ourselves for spending money that we've worked hard to earn and deserve to
spend in a way that brings us joy. Oh, I love that. Yes. Literal. Literal mic drop. Um, no, don't drop your
mic. Because otherwise the recording. But if you could. Yeah, you should drop your mic. Um. Amazing.
Okay. Is so. So is it true, then, that the. Actual amount of money in your bank account doesn't matter so
much when it comes to mindset, because one thing, like I said, I've struggled with is like that panic when
you don't have as much as you expected, especially as, you know, female entrepreneurs. Some months
we might not make as much as we forecasted or expected. Um, you know, is that so? Yeah. Is it the
actual amount of money in your bank account that can cause that? Or actually, is it something different?
To to a degree, because it's one of those things where usually it's not the amount of money, as in like the
physical pounds, dollars, wherever you are. Um, it's how you perceive the value of that money and
whether or not you perceive the value of that money to be enough. And it's that feeling of enough. A lot
of work I do with my clients is actually working out what that enough is like, what feels good and like I
hate I hate the word abundance. I don't know why I like, I think girlboss girls of like 2019 ruined it. I like
to say it's more of like a gratitude mindset. And if we're in Mm. that stage, where have we reached that
point where we recognize that we have enough and we look at our bank account, and maybe there's not
as much in there as we thought in that, you know, scenario. You still can feel abundant, grateful. And
actually you're like, I'll be okay. Or I can figure something out. Like it's fine. But on the Mm. flip side,
which I think is where most people lie, is worrying, okay, that's not enough. I've got x, y, z bills to pay.
I've got, you know, someone's birthday next weekend. We're going on holiday next month. How am I
going to afford to do all these things? Um, especially as a business owner, a lot of us or a lot of business
owners don't pay themselves enough. They treat themselves as like. And a kind of expendable bit of the
business, which doesn't make sense because the business would literally wouldn't happen without you. So
I find a lot of business owners put themselves into this scarcity, but this perceived scarcity. So I know
you mentioned in the beginning about how I like to talk about the the fact that your brain literally doesn't
know the difference between real scarcity and perceived scarcity. So whether or not you physically have
enough money, whether you are in poverty or you're feeling a bit broke because maybe you did
overspend this month or, you know, worrying about the future, this, that and the other. Your brain doesn't
know the difference that you're not literally like hand to mouth going to die because you have no money.
Again, it all goes back to that, like primal wiring in your brain. So if you're in that scarcity mode, it's very
hard to get out of it. Mm. And your your brain tunnels in on the immediate concerns, the immediate
worries. And so you and you physically. Well, I guess mentally it's in your brain cannot think about the
future. So you're you're all you're doing is worrying, worrying, worrying worrying about today,
tomorrow. The next month, rather than thinking about the future and how you can make your money
work for you in the long term. So is it the amount of money? No. It can be. Obviously, if you are in
legitimate like you're in legitimate poverty, but your brain doesn't know the difference. So for a lot of
business owners, it might not actually be the case that you need to worry. Yeah, that's really interesting. I
mean, I only know, um, obviously I know about that kind of survival mode scarcity mindset because I
see it from my clients who don't eat enough or, you know, so a bit from a more physical and or a mental
standpoint, I suppose. Um, so it's really interesting as well that you mentioned it is from a money
perspective, because I can totally understand that any form of stress in that way will cause that reaction.
Right? So and I think that completely takes away your almost your ability to control the situation or your,
um, sorry, you can control the situation, but you don't feel like you can. Mhm. And so when it comes to
money, especially obviously what you earn relies on how much you sell and your content. And, you
know, I could go on and and on, but basically it's down to you. Right? So Mhm. if you're in a, in that
kind of lack of control desperation mindset, then I suppose that starts to show up in how you show up,
Mhm. right? 100% I say this to business owners all the time. Like you have to pay yourself enough from
your business. You have to treat yourself like the most important asset of your business because you are.
Um, but also from a money point of view, because if you're putting yourself into financial stress, you're
that money worry is there all the time that's triggering a stress response in your brain, like you said. And
Yeah. when you're in that response, your amygdala is, um, activated. Your prefrontal cortex, uh, capacity
reduces you again, physically, mentally or whatever it is like. Cannot think clearly. You can't think big
picture. So if you're marketing, trying to promote yourself, trying to promote your business, trying to
grow your business while you're in that mental state. It's not that it's not going to happen, but it's going to
be really hard and you're going to have to grind a lot more than if you were to be able to relieve some of
that stress, relieve that financial stress, pay yourself even just that little bit more to feel that little bit more
freedom, think more clearly and then make big picture decisions on your business and grow your
business. That's why I say, like your your money mindset is your most profitable asset, because if you
don't have that fixed, you can't strategically grow your business properly. Okay. So, um, now we're going
to segue into the kind of second half where we look at a different audience. But, uh, when I say different
audience, the same kind of audience, but, um, instead of female entrepreneurs who not are struggling
with money but are still learning more about finances, how to manage it, there's their maybe haven't been
in business for a huge amount of we're now going to look entrepreneurs who maybe are more established,
have experienced that growth in their wealth and are now like, okay, now what do I do with it? But we'll
answer this question for both. So the first part is, um, you're obviously a strong advocate for women
educating themselves in, in financial management, which is awesome. Where can the audience who are
just figuring out the basics, where can they look to educate themselves? And Um. then where would the
other, more established female entrepreneurs look to know the next steps of what to do with their money?
Mhm. The first place I would start would be books, just because I find the internet. Obviously we have so
much stuff nowadays. Um, it's a whole minefield to try and pick out what is actually useful. And then
also finance almost has like its own language. So it's a lot of the stuff on the internet is written in, I find
in a way that can be quite complicated or like alienate, alienate people who maybe don't have that, like
foundational financial education, which a lot of us don't have because we're not taught in schools. And if
our parents don't know it, they can't teach us either. Yeah. Yeah. I would also say in order to get those
book recommendations is talk to people. And I know it's difficult if you're in that you know that earlier
on position in your financial journey where you maybe you have some debt or you're just making it.
Month to month, you maybe don't have many savings. It's hard to talk about your financial situation,
because obviously there's a certain level of shame and guilt and embarrassment and all those annoying
negative emotions tied to money. But you don't necessarily have to go into all of that to ask people, you
know, people that you trust or even, you know, the internet threads is a great place for this. Well, Like
just yeah. ask people what their recommendations are. You don't have to go into the whole thing of like,
I've got this problem. What do you recommend? Just like, what books have you read that you found
really good? Um, and I every week I have a newsletter and every week I like, try and send a new book.
So, like, hopefully there'll be something there for everyone. Like, there are loads of recommendations
and I'm happy to kind of like formulate a bit of a list. Um, also because, you know, I've got to toot my
own horn. Go into someone like a money coach. I was going Who? to say I hope you're going to include
yourself in this, but. Yes. Yeah, I know, I'll say. Oh yeah, just talk about myself. Yeah, they come to me.
Um, but people like myself. So financial coaches, money coaches, whatever they call themselves,
financial educators feel like everyone has a different name for it. But someone who you vibe with, you've
got to vibe with them. Check that they have a certain level of education or like qualification or
certification. Um, and yeah, work. Because we have all this knowledge that we're super nerdy about that
we'd like, really like we just want to bestow it on you. We Yeah. want to help you. Yeah. I think as well
you can simplify it. Right. Because that's the Mhm. that's I think what so many people struggle with is
that it's like buying a house as well. Well, in the UK it's like buying a house. It is just horrendous. The
amount of the amount of jargon that surrounds Mhm. this and you feel incapable, you feel overwhelmed
and you just don't feel like you understand it enough to do it. And yet you also look around you and
think, well, everyone else can do it, everyone else can Mhm. understand it, so why can't I? I think money
is the same. It's there's just so Mhm. much jargon out there. Whereas I think working with someone like
you is, is so beneficial. Just even just from a simplification, simplification simpler. Is that a word?
Simplified simplification. I don't know It's a word now. how to get it. Um, working with someone like
you is is beneficial because you will simplify it for us. And I think that's one of the the best things about,
um, about coaches like you. Really. Mhm. 100%. My whole thing is like simplifying. And if that's one
thing my clients all say it's like even my budget template is like the most basic one tab Google sheet.
Now. And all my clients use it. And it's I've used it for four years. Life changing. You don't need all these
complicated budget spreadsheets. Planners like you just don't, uh, simplify it and get to the real root of
your money problems. But that's like a that's a whole other that's a whole other podcast episode. Um,
That's another episode. yeah. In terms of let's say you've done all that, you spoke to your friends, you've
got some book recs, you went and worked with an amazing money coach. You've got one on top of your
finances. Maybe you've paid off your debt. You're starting to build some savings, like the money is
coming in from your business and you're like, oh, what do I do now? Um, that is when again, I'm going
to go back to the money again, because again, Wait we're for there. it. We we have the knowledge. We
want to help you, um, again, go to someone that you know is qualified, especially if it comes to investing
knowledge, because there's a lot of stuff out there. Um, in the obviously there are different, um, rules
everywhere in the world. But as a general rule of thumb is if someone isn't. Qualified or certified to tell
you There's like a really great area that I'm trying to explain, but essentially as an educator, as a financial
educator, a money coach, I can teach you about the options available. But as a financial advisor, Yeah. I
don't practice as a financial advisor. But if you went to a financial advisor, they would more tell you what
investments to actually invest in in order to grow your money in a way that meets your goals. So it's like
depending on what your goal is Right. and how hands off you want to be, you can either be really hands
on, which is what I recommend because you can do it much lower. Fees. Work with someone who has
the education, who can teach you about your options, and maybe guide you in a direction, but not
actually sell you products. Um, again, books. There are loads of great investing books out there. Um, the
Simple Investor. I'm obviously going to forget all the others because I can only remember one book at a
time at the moment. Um. for the rest of the show. Notes. It's all good. Yeah. investing as well nowadays
is so, so simple. You can do it really, really simply on programs called like Robo Advisors, where you
literally pick Yeah. like a, um, like a risk level low, medium high, um, and you can literally set it and
forget again. Do recommend having some knowledge around the options, because then you can
obviously decide on what is best for you. But that is, someone like myself can help Okay. you figure out.
I feel like when you're in that next stage it is important and you don't know. You genuinely don't know
what to do, what to do next. Um, that's when I would say, like, yes, invest in someone else's knowledge
just Mm. to help guide you through it. Or you could always work with a financial advisor where they
take on your investments like they manage them for you for a fee. Yeah. Makes sense. Okay. And onto,
you know, this, let's say female business owner. Um, she's been experiencing high growth in the past six
months or so. Been hitting her revenue targets, earning more than she ever has before. So she's gone from
maybe more of a scarcity mindset to I know you don't like this word, but an abundance mindset. Um, uh,
in in about half a year, which isn't a huge amount of time, but obviously, as we know it can happen. Are
there any other any mental shifts that you need to make in order to feel more in control of that wealth, but
also to protect that wealth? And what if so, what are those shifts? Mhm. Yeah. Absolutely. Well let's just
use the example of the people that win the lottery and then end up broke a few years later. Yeah. Yeah.
More money is not the savior of your money problems. Because your money problems nine times out of
ten are all up here in your head. So there will be a whole host of mental challenges. That makes it sound
like really drab. Like it's amazing. Well done. You've done really well to get to this position, You did a
great but don't. Yeah. job. You do great, sweetie. Don't diminish the Impact on your mental state, on your
money mindset, because you likely won't know what to do with that money. And if you don't know what
to do with that money in terms of either having the education or even just you don't have the goal or you
don't know what the goal is or Not knowing your body like your nervous system isn't going to know what
to do either. If you've not grown up with wealth, you've never been around wealth. And now you're like,
oh, I'm like making a lot of money. This is going to feel scary because it's like, what do I do with that
money? And you're still in that panic mode. So there's a chance Mhm. that you can earn a lot of money
and still be in scarcity, because, again, your brain doesn't know the difference between real and perceived
scarcity. You might be able to look at your bank account and go, I've got a lot of money in there, but if
you don't know what to do about it, and then you're worrying because you don't know what to do about it,
but you know you should be doing something that's still money. Stress is just a different type of money
stress. So you still need to Yeah. work on what is the version of enough? What are the goals that I want
to achieve? And that is where obviously like money coaches. That's where like we come in to be like we
can help you work through what it is. What are the beliefs that you hold? Like it's so much more than just
the financial education. It's what are the beliefs that you hold? Why? What are the goals you want to
achieve? Why do you want to achieve those goals and helping you work through the things that are
stopping you from getting there? Because I've seen business owners that are earning good amounts of
money and because they're nervous system is not equipped for handling money, it just goes. They
literally can't keep hold of it. And Yeah. that's how I used to be as well. Before I like did all my own
stuff, you know, earning a lot of money. But because I'd grown up in poverty where money came in and
went back out again, that's all I knew. So I didn't know how to keep hold of Yeah. money. And even
though it sounds ridiculous, we know not to spend all our money and to save our money. Like save some
money. We know to do that. But we don't do it. We can't do it. And that's all because of, like, just Yeah.
ingrained things in our brains and our subconscious that we don't even realize. So those are the the things
I would focus on your belief system around money and rewriting those beliefs in a way that's actually
going to serve you. Yeah, I love that. I mean, it's about building financial empowerment, I guess. Which
actually brings us to the last question, because I think this is an important question and I've left it to the
end. But, um, what are three things listeners can do to become more financially empowered from
tomorrow? Mhm. I would open your this is the scary thing. Open your bank statements, credit card
statements, business bank account statements wherever you spend money. And I want you to do like a
full financial audit. So what money is coming in. What money is going out. What what the average has
been. What savings do we have? What debt do we have? Just having a snapshot view of our current
financial situation. That's step one because then you're going to have the awareness of what your situation
is and what you do and don't like about it. Now that activity is going to be really difficult if you're
financially avoidant. If you have money, shame. It's going to be hard. I say break it down, um, into
different tasks. Do it over a number of days in your companies. It's hard to be comfortable in this
weather. Yeah. Um, your favorite beverage? Your favorite snack? Your favorite TV show on the
background? Like, just create a safer place as possible for your nervous system so that if you get too
triggered by the money stuff, you can, like, look away and like focus on Bridgerton or whatever. So that
would be step Yeah. one. Step two. I feel like nothing's going to be like, go and do this thing. It's more
like, here's this resource, go and do this thing. It's more like things we need to do ourselves to work out.
Yeah, I think that's good though, because even that first one I was like, oh, Yeah. that's that's going to be
awesome. Um, but but again, like you say, that's something that we Yeah. avoid. If you are money
avoidant you're not going to do it. And that's probably more important and more valuable than going and
reading Mhm. a book, because the book isn't going to tell you anything about your personal situation.
There's only so like knowledge doesn't actually help. And there's a fantastic side note. There's a fantastic
study um Fernandez 2014 which essentially proved that education itself isn't enough to motivate you to
do the beneficial thing that you need to do. So when they say like the fix is to put financial education in
schools, it's not the fix. It's a great step. It's a great first step. But education enough isn't going to Yeah.
motivate you. You need to have your own motivation. Which leads me nicely Yeah. onto point to step
two. I want you to work out what your ideal lifestyle looks like. Where do you want to see yourself? And
that's a really annoying question there. Like where do you see yourself in five years time? I used to hate
people asking me that, and I was like, I don't know what I want to do in six months, so I don't know. But
I think just think like what? What things in your life do you currently like, really? Like maybe you like
your job if you're a business owner, I really hope you like your job. Um, I do, yeah, yeah. yeah. Maybe
you you like your house. You like the neighborhood you like, live in, like those things that you can
already be like, okay, no, I want to stay in this situation. But I would like. And that's where you can go
into like and you can't just say I would like more money Yeah. because like, wouldn't we all think more
like, I would like more money so that Yeah. x, y, z. And when you've worked out what those goals are,
you can use the data that you've just collated with how much money you have coming in, how much
money you have going out, let's say after bills, after necessities, how much, how much is left, and divvy
that up. Divide that up between enjoying yourself now, which is really important. Give yourself joyful
spending. That's what we call it Mhm. in my universe. Um, or or slash between your your goals. So
whether that's paying off debt, building savings, adding to investments, increasing your pension
contribution, whatever it is, and you can do more than one thing at once. You don't have to have one
goal. You don't have to be all or nothing. I love, I know we love being Okay. all or nothing but build,
build the breathing fund, which is my word for emergency fund. Again, there are reasons, um, build build
that safety net and then work towards your financial goals using the data that you have and knowing that
actually there are already things about your current life that you like adding to that, like gratitude
mindset. These were great. Yeah. And and I think way more valuable than go with this. But um. So. So
that was great. Um. Okay. Yeah. Great. That is, that is the episode wrapped up and it was as amazing as I
knew it would be. So thank you so much for coming on. If you could just finish up with where people
can find you, how they can work with you. Yeah. So thank you for having me. That is fun. I love any
excuse to talk about money, but And I like it. yeah, I honestly, anyone's starting to. My DMs just be like,
talk money to me. I'd be like, let's go. Um, but yes, I, uh, Emily Natalie with I, I'm pretty much every
single platform. Uh, Instagram is where I post pretty much daily. Um, and threads is where I'm more
unhinged. Um, I have yeah. Um, obviously I have a website that's there. I don't really need to talk about
that. Um, but yeah, I have one on one programs, or I have a group program that is just about to start in
September. That is for that, like next stage wealth building. Um, and yeah, just come and talk to me
about money. I'm just happy to chat. That's why I got you on. Really? Because I wanted to chat. So.
Fantastic. Okay, great. Thanks again, Emily, for joining. Um, yeah. In this hot weather as well. Good.
Good effort. We did well.