Let’s Talk Money and More

Welcome to Episode 159 of "Let's Talk Money and More"! I'm your host, Lesley Thomas, and today we have a fascinating discussion lined up with our special guest, Rocky. In this episode, we'll explore some pressing financial topics, from the UK’s end-of-financial-year spending pressures to essential tips for managing excess funds in the US.Rocky shares his profound insights on how maintaining financial security can lead to personal contentment and how he's transitioned to a lifestyle focused on enjoying life, maintaining health, and personal growth. We dive into the psychological aspects of money, exploring how societal pressures and historical factors influence our financial behaviors. Rocky also sheds light on the Profit First principle, a game-changing approach that prioritizes building cash reserves for businesses, ensuring long-term stability and success.Whether you're an entrepreneur struggling with cash flow issues or simply someone eager to improve your financial literacy, this episode is packed with practical advice and thought-provoking discussions. Tune in, and let's learn how financial health can pave the way for a richer, more satisfying life. Don't forget to like and share if you find our conversation valuable!Key Takeaways:End-of-Year Spending vs. Building Reserves (UK Focus): We discussed the pressure UK businesses face to spend remaining budgets before the financial year ends. Rocky highlighted the importance of building cash reserves instead of wasteful spending.Psychology of Money: Discover the impact of financial literacy (or lack thereof) on self-confidence and business success. We explored how deep-seated beliefs and money stories influence financial behavior and decision-making.Profit First Method: Rocky shared the transformative principle of "Sales - Profit = Expenses" over the traditional model. This simple yet powerful shift can help businesses prioritize profitability and build financial resilience.Connect with Rocky LalvaniLinkedin: https://www.linkedin.com/in/rocky-lalvani/Website: https://profitcomesfirst.com/Podcast: https://profitanswerman.libsyn.com/Connect with Lesley ThomasFREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/lesleythomascoaching/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas

Welcome to another insightful episode of "Let's Talk Money and More" with your host, Lesley Thomas.In today's episode, we delve into the fascinating and crucial topic of our relationship with money. Lesley explores how our money mindset, often shaped by the age of seven through beliefs passed down by our parents and caregivers, impacts our financial behaviors and decisions. She guides us in identifying limiting beliefs and transforming them into empowering ones, encouraging us to reflect on our earliest money memories and their lasting influence.Join us as we take actionable steps to rewrite our money stories, align our financial actions with our goals, and ultimately, enhance our financial confidence and success. Get ready to transform your relationship with money because where mindset goes, money grows!Key TakeawaysEarly Money Beliefs: Our relationship with money is often shaped by the age of 7, inherited from our parents or caregivers. Understanding these early beliefs can help uncover the roots of our current financial behaviors.Reframing Limiting Beliefs: Identify the three words that come to mind when you think about money. If they're not supportive, redefine them and set actionable steps to foster a positive money mindset.Constant Evaluation: Regularly reflect on your money story. Align your actions with your financial goals by challenging and changing unhelpful patterns, ensuring your beliefs empower rather than hinder your financial progress.Connect with Lesley ThomasFREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/lesleythomascoaching/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas

In this latest episode of Let's Talk Money and More Podcast, we are joined by Lisa Cook, the Community Outreach Coordinator for Warminster School in Wiltshire. Lisa and I delve into the importance of teaching financial literacy to young people. We share insights on the impact of providing practical life skills, such as money management, to students. We highlight the evolving landscape of finance, from physical to digital transactions, and stress the need for open discussions about money. Tune in to hear their fascinating perspectives and practical initiatives in equipping students with essential life skills.Key TakeawaysTeaching Confidence and Questioning: Providing knowledge about money and finance isn't just about numbers – it's about teaching confidence, questioning, and not being afraid to ask.Evolution of Money Management: The way we manage money has evolved from physical transactions to digital payments. Open discussions about money and passing on financial knowledge through generations are crucial for adapting to these changes.Practical Life Skills Program: Lisa introduced a structured program for year 10 students, dedicating 4-5 weeks to skills like first aid, sewing, cooking, and money management. This hands-on approach equips students for future life skills and builds confidence.Connect with Lisa CookEDGE programme https://verluciancommunity.co.uk/pages/outreachEmail lcook@warminsterschool.org.ukConnect with Lesley ThomasBook a call with me www.calendly.com/lesley-themoneyconfidenceacademy/30minsFREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/iamlesley_thomas/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas

In this episode, Lesley Thomas talks about the significance of September as a new beginning for business. She emphasises the importance of reflecting on the year so far and setting clear goals for the upcoming quarter. From marketing strategies to managing finances and boosting team morale, Lesley provides valuable insights for business owners. She also highlights the importance of customer engagement, self-development, and decluttering workspaces. Join us as we explore the opportunities that September offers to finish the year strong and prepare for a successful start to the next year. Key TakeawaysReflect & Set Clear Goals: Analyze the year to date, understand what's worked well, and set precise goals for Q4. This will provide clear focus and direction for your business.Revisit Your Audience & Finances: As times change, it's crucial to revisit your target audience and assess how effectively you are managing your money. A financial review at this time can set you up for success.Boost Your Mindset: Use September as an opportunity to reinforce and reboost your mindset, especially the money mindset. Shed the old and embrace the new, letting the energy of this time propel you forward.Connect with Lesley ThomasBook a call with me www.calendly.com/lesley-themoneyconfidenceacademy/30minsFREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/iamlesley_thomas/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas

Welcome back to another guest episode of Let's Talk Money and More Podcast!In this episode, I am joined by Chris Budd, owner of the financial planning company Ovation Finance Ltd. He is the author of six books, including the original book about financial wellbeing which he wrote in 2015, The Financial Wellbeing Book, and The Four Cornerstones of Financial Wellbeing.In this episode we delve into the fascinating concept of one's money story. Chris shares insightful anecdotes about growing up during Thatcherism and witnessing their father's bankruptcy, leading to a distinctive perspective on wealth and financial well-being. Chris and Lesley touch on the correlation between monetary success and happiness, the impact of social media comparisonitis, and the importance of purposeful actions and problem-solving in the workforce. Moreover, they emphasise the need for proper financial planning and considering life after selling a business. Join us for a thought-provoking discussion on finding meaning and purpose, making informed decisions, and seizing opportunities that align with personal values. Tune in to gain valuable insights that could reshape your approach to money and more.Key TakeawaysShifting the focus from financial rewards to purpose and belonging in the workforce, emphasising the importance of a meaningful vocation.The significance of connecting with your future self to make decisions that not only enhance your current well-being but also benefit you in the long run.The power of saying yes to opportunities that align with your values and stepping out of your comfort zone, as it often leads to unique, rewarding experiences.Connect with Chris BuddFinancial Wellbeing website www.financialwell-being.co.uk/For Advisers - The new Financial Wellbeing Pulse: www.financialwellbeingpulse.com/The Institute for Financial Wellbeing: www.instituteforfinancialwellbeing.com/To Buy the Books: www.amazon.co.uk/stores/Chris-Budd/author/B00FF6G094?ref=sr_ntt_srch_lnk_4&qid=1722241683&sr=8-4&isDramIntegrated=true&shoppingPortalEnabled=true Connect with Lesley ThomasBook a call with me www.calendly.com/lesley-themoneyconfidenceacademy/30minsFREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/iamlesley_thomas/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas

Welcome to the Let's Talk Money and More Podcast with me, Lesley Thomas.In this episode, I dive into the topic of money mindset and the crucial role it plays in shaping our business decisions and actions. I provide 5 powerful reflective questions aimed at helping listeners understand and transform their relationship with money. From exploring beliefs about money to addressing fears and anxieties, defining financial success, reframing past experiences positively, and cultivating daily practices for a more abundant and confident money mindset, I provide valuable insights and invite listeners to journal on these questions. So grab a pen and paper, find a quiet moment, and let's explore how to transform our money mindset for business success.Key TakeawaysYour beliefs about money have a significant impact on your business decisions and actions. Reflect on whether these beliefs are empowering or limiting your financial growth and success.Examine and address your fears or anxieties about money to cultivate a healthier relationship with it, paving the way for a more confident and abundant mindset.Define financial success in alignment with your personal and business values. It's not just about the numbers; it's about identifying what success means to you and building a sustainable pathway toward achieving it.Connect with Lesley ThomasBook a call with me www.calendly.com/lesley-themoneyconfidenceacademy/30minsFREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/iamlesley_thomas/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas

Welcome to the latest episode of Let's Talk Money and More Podcast. In this episode I am joined by Ruth Ferreira, a multi-award-winning business growth strategist working with ambitious, high-achieving individuals who are looking to maximise their potential and take their business to the next level. Ruth and I explore the intersection of finance, mindset, and personal growth. We dive into the intriguing story of Ruth Ferreira as she shares her journey to financial freedom and the power of seizing new opportunities. We discuss how wealth is about creating choices and the impact of COVID on work dynamics. With Ruth’s transition to self-employment and her upcoming career mastermind for business women, we explore the significance of networking, mentorship, and celebrating even the smallest wins in business. So join us as we delve into the world of financial independence and the joy of living life on one's own terms.Key TakeawaysWealth is about creating options and choices, not just a financial number. It's about prioritizing the quality of life and freedom to pursue what truly matters to you.Flexibility in work dynamics can lead to more balanced lifestyles, especially for mothers juggling career and family. Adapting to a more online and flexible work environment has opened up new possibilities for many.Celebrating even small wins in business and practicing gratitude can have a profound impact on our mindset and energy levels, ultimately influencing our success.Connect with Ruth FerreiraWebsite www.successcoaching.biz/freebusinessgrowthguide LinkedIn www.linkedin.com/in/ruth-ferreira-65724126/Instagram www.instagram.com/growyourbusinesswithruth/Connect with Lesley ThomasBook a call with me www.calendly.com/lesley-themoneyconfidenceacademy/30minsFREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/iamlesley_thomas/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas

In our latest episode of Let's Talk Money and More Podcast, I discussed the value of creating a safe space for children to ask questions about money and learn through real-life experiences. I emphasised the importance of teaching kids about budgeting, earning opportunities, and the positive psychology behind financial planning. Join me in building a financially competent future for our kids. Check out the Money at Home Financial Literacy Portal and let's make this summer a season of learning and financial growth for our children.Key TakeawaysMake money conversations positive: It's vital to frame budgeting and financial planning in a positive light, focusing on opportunities rather than scarcity. Involving children in financial decisions like planning activities and understanding costs can help them grasp the concept early on.Teach through real-world experiences: Summer holidays provide a perfect opportunity to practice real-world math through budgeting, comparison shopping, and even letting children buy ingredients for a meal within a budget. These experiences can lay a strong foundation of financial literacy for kids.Encourage curiosity and learning: Starting money conversations early, around age 2-3, can make money less taboo and foster curiosity. Letting children ask questions and be curious, even if it means repeatedly asking "why," can instill a lifelong love for learning and a comfort with questioning the unknown.Unlock your teen's financial potential this summer with Money@Homehttps://lesleyathomas.kartra.com/page/money-at-home-summerConnect with Lesley ThomasBook a call with me www.calendly.com/lesley-themoneyconfidenceacademy/30minsFREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/iamlesley_thomas/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas

Welcome to the latest episode of Let's Talk Money and More Podcast! In this episode, we dove deep into the transformative power of understanding your money story with Dennis Harhalakis, a seasoned financial expert turned money coach. We explored how our childhood experiences shape our financial behaviours and the profound impact of open money conversations within families. Don't miss out on this insightful conversation, join us as discover the key to unlocking a healthier relationship with our finances. Enjoy tuning in!Key TakeawaysOur relationship with money is deeply emotional and often shaped by our childhood experiences. It's crucial to recognise and address inherited views to develop a healthy relationship with money.Open, honest conversations about money from a young age can help foster a positive and conscious relationship with finances, leading to greater confidence and well-being.Money coaching goes beyond financial literacy, focusing on the emotional aspect of money and offering the opportunity for self-awareness, growth, and self-compassion.Connect with Dennis Harhalakishttps://linktr.ee/DennisHarhalakisConnect with Lesley ThomasBook a call with me www.calendly.com/lesley-themoneyconfidenceacademy/30minsFREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/iamlesley_thomas/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas