As we kick off the new year, many of us find ourselves setting resolutions and goals. In 2025, I'm dedicating this month to helping you set the stage for personal and financial growth. We often promise ourselves to be better with money, to save more, and to spend consciously. In this episode, I am joined by Meghan Dwyer, Certified Financial Planner and Money Coach and we dive deep into understanding our relationship with money—because it's integral to our lives, whether we like it or not.
Our relationship with money often starts in childhood. Whether we grew up in a household where money wasn't discussed, or were fortunate to have financially literate parents, these early experiences shape how we manage finances as adults. Recognizing where our beliefs come from is the first step in transforming our money mindset.
Money isn't just about paying bills and saving for retirement. It's interconnected with our wellbeing and self-worth. We can have a fraught or fruitful relationship with our finances. If dealing with bills induces anxiety, it might be time to explore where these feelings stem from.
True self-care isn't always about that new purse or a spa day. It's about self-parenting—doing what's right for ourselves even when it’s hard. This includes financial self-care, which is crucial for holistic well-being. We must attend to these needs intentionally and responsibly, creating a blueprint for a more stable financial future.
It's no secret that emotions can drive us to impulse buying. Whether we're celebrating success or comforting ourselves, shopping can feel rewarding. However, it’s essential to recognize these patterns and understand the underlying emotions. Planning for these impulses with a dedicated budget for fun can alleviate guilt and stress later on.
As we learn to manage our emotions, embrace our worth, and make conscious choices, we can shift our relationship with money from one of trepidation to empowerment. By engaging in self-awareness and embracing emotions as a guiding force, not a hindrance, we cultivate healthier financial habits.
Our relationship with ourselves is foundational to financial and overall wellbeing. By getting to know ourselves, we make more aligned and intentional decisions, enriching every aspect of our lives. If you're looking to dive deeper into financial empowerment, there are resources and communities ready to support you.
As you embark on this journey, remember: you’re not alone, and every small step counts. Here’s to a thriving 2025, where you align your life with your true values and desires! Feel free to revisit this guide whenever you need a refresher, and share it with anyone who could benefit from a bit of encouragement and guidance as we navigate the intricate world of money, relationships, and personal growth.
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