#73: The Inside Scoop: Our Earliest Money Memories

Episode Summary

Team Factora gets together to share each of their earliest money memories. Whitney, Julia, and Allegra also chat about how these early memories shaped their respective relationships to their finances, and how they've since adjusted these relationships to better help them achieve their financial goals (hint: personal money mantras are a must!).

Episode Notes

Check out Ayesha Selden on Instagram.

Love Coffee & Coin?

• Subscribe on Spotify or Apple Podcasts.

• Leave us a review on Apple Podcasts and help us spread the wealth, literally.

Click here for the full transcript +

This is a Allegra Moet Brantly. And you're listening to the coffee and coin podcast where women talk wealth. I'm the founder and CEO of factoria. of company on a mission to lead 1 million women to 1 million in net worth. Because when women have more money, we'll have more power to be the change we want to see in the world. If you're ready to hear real women share their real numbers and investment journeys and have a sneaky feeling you should be doing a little more with your money, you are in the right place, just sit back, relax at the turn knee.

All opinions expressed by Team factoria and podcast guests are solely their own and do not necessarily reflect the opinions of factoria Incorporated. This podcast is for informational purposes only and should not be used as the basis for investment decisions. Team factoria. And podcast guests may maintain positions in the securities or investments discussed in this podcast.

Welcome back to another episode of Coffee and coin. I've got team factorial on the pod with me again today. Welcome team. Hey, hey, listeners.

Hi. So we are extremely excited because the wall circle starts next week, something we look forward to all year long. And then we only get to be in this first day of school feeling twice a year. And I don't know about you guys, but I'm getting my outfit ready for next week. And we're just getting really, really excited to meet the hundreds of women who will be joining us. So today we're doing a podcast on our first money, memories, and what those mean to us and how our views have changed from then to now. Because one of the questions I always love asking women, especially at the beginning of these episodes is what is your first money memory, because it's so telling how you view money, then, and how you might still be handling it. Now, whether we like it or not, we're all imprinted by the beliefs and actions of our caretakers. And so it's valuable to go back and look at what our semi inherited beliefs are, and see if we need to rewrite them if that narrative no longer fits us. So let's get into it and share our first money memories. I know mine is not really a happy one. But the first time I remember money being a really important feature in my life was maybe nine ish years old. And my mom was balancing her checkbook in the living room, and she was crying. And this did become a bit of a habit every few months. And I just kind of knew to stay away from mom, sometimes I would go into my room and I would write her little letters, and then I'd put them under her door at the end of the night. But the way that that impacted me was that I thought money was hard. I thought money was a bad situation. And I definitely always felt on the verge of us not having enough to do certain things. Now I want to be clear, I had a very lovely upbringing, my mom protected me as much as she could from knowing that there were many times where we were either really low on money, had no money, or we're borrowing money from friends to allow me to do the things that I wanted to do, which was really just dance class. I want to dance class all the time, as many as possible. But other than that, it was pretty humble. I went to public school, and we didn't have you know, very nice homes or anything like that. But I just knew that money was difficult. And it felt like it was fleeting. And I grew up to behave with it in the exact same way, which is really interesting. I got my first job, and I went to work and I never liked a job. When I worked for someone else that just never really jive with me. Well, I actually heard someone say recently that they're a corporate drop out. And that is my new favorite term. I'm definitely a corporate drop out and much better because of it. But I just thought money was fleeting, and difficult. And that was my mindset. And so I walked around like a self fulfilling prophecy. And it was hard for me to keep my money I acted rashly. I spent impulsively. I ignored my bank statements. I didn't want to sit down and cry over them. So I just didn't review them at all. And that's I was generally bad with money for all of my 20s So how did I rewrite that story? Well, it really comes down to mindset. I finally thought about it and decided

If I needed to change my perspective from thinking I'd always be bad at money, like my mom, to thinking, What if I could just get a little better at money? And how would I do that? Well, I need to learn about it, because I've been straight up ignoring it for so long. So for me, it was really a combination of taking personal responsibility, changing my mindset. And I want to be clear that mindset shift at first was, oh, little, it wasn't, I'm going to be great with money and went from I am bad at money to I should learn about money, so I'm not so bad at it. And then ultimately, I really got into the law of attraction, as you all know, and I started to recognize that the things you think about you bring about, so when I was living in that I'm bad at money, I'm bad at money, constant thought process. I was bad at money, I made my own reality. And when I started to think I'm learning about money, so I can be good with money, then that became my reality. And now today, I'm over here being so confident, I'm like, I love money. I'm great at money. And that's what I seem to be attracting. So that's kind of how it went down for me. And I'd love to know what your first money memory was Whitney and and how you either lived that or change that or where you're at today? Yeah, I'll share that. But I have a quick question for you, Allegra. Because I think a lot of our listeners and women within our community feel the same way you felt that they're just bad with money, they don't know how to handle it. So what do you remember that specific turning point for you where you finally said, Okay, this is this is the bottom, it's only up from here? Yeah, I think it was a rock bottom. I remember writing in a journal in either 2016 or 2017, that I couldn't believe I was rapidly approaching 30. And I didn't really have any money to my name. I was. And this is embarrassing. But this is my story. And I'm always open to sharing transparently. I had fallen into not purposely set out to be but fallen into becoming a salary negotiation coach for other women, I was helping women after I'd helped myself make a lot more income at their jobs. I'm talking some friends, I helped make $35,000 more in one fell swoop, which isn't really something to be proud of, because it means they were so underpaid, that it's horrifying to think that that was ever allowed. But I really loved that I was helping women make more money, only to realize that just because I kept making more didn't mean I have more like I just I'd make more I'd spend more. I didn't have any financial foundation or education to know what to do with that extra income coming in. But marketing works really well. So I was constantly getting marketed to to spend that hard earned additional income, and it went right back out the door. So that's really what happened, I had this just realization that I was spending everything I earned and that a lot of the women I were helping are doing the same. And I remember writing in a journal, I need a financial revolution, I need to turn this around, so that when I hit 30, I don't see zeros everywhere. And I can actually feel like it will be possible to start a family travel around the world and not feel scared, like I won't be able to afford those things. What I really love about your story is how realistically your mindset changed, and it was gradual. You didn't go from being like, I'm really bad with money to trying to force this like I'm a multi millionaire with multiple income streams montra into your brain. You really took it through realistic steps. And I think that's a really important part of shifting your mindset is like you were like, instead of going from like, I'm bad with money to I'm great with money, you kind of went through the middle ground of like, what would happen if I learned about money, and now I'm pretty good with money now I'm great with money. I think that's a really smart thing that you maybe did unconsciously. Thanks, holy, I think that you're absolutely right. That's part of it. It would feel so fake. If back then with how desperate I felt, if I had just tried to change my mindset to I'm a multi millionaire. And I don't have to go to work tomorrow, because I was so far from that. But wait to hear my mantra today because it's basically that.

But yeah, so it was so slow. It was so gradual. And that's why I know it's so possible for anyone. I think that's the biggest piece of encouragement is that you can turn your money situation around today instantly no matter what your income is like because you don't need a lot of money to start investing as long as you're putting that money to work for you. Like that is the key to building wealth. And even before you start investing, I think

That if you were to be feeling guilty about your money and just do one thing today that would make you feel better. It could be as simple as calling your credit card company and getting a charge taken off, you know, just something that's going to build up that confidence of, Oh, yeah, I can have a say here, I can do the right things with my money. And they can be so tiny at first. But any step you take is just going to compound on itself. I think the first real step, which I think speaks to like your first money memory is that when it's presented to you as it's like, very scary, bad mystery, you just like want to ignore it. Like, you just don't want to even start dealing with it. Because your mom would like go behind closed doors. And it was like this whole thing. And you were like, I don't know what's going on. But I feel scared. I just know money isn't something that I want to really focus on. But like first step is like to get under the hood, and like take stock of where you're currently at. And then once you do that, most of the time, I feel like at least women in the wealth circle. They're like, Oh, like, I'm not as bad off as I thought that I was. It's just that first step of just like getting in there and stop avoiding it. Because once you face it, that's really like the hardest part.

It's kind of like looking under the bat, right? Yeah. If you feel like there's a scary monster under the bed or in the closet, just look under the bed, or open the closet, and then you'll realize there isn't. It's exactly that with your money. And you're absolutely right, Julia, that first spreadsheet that everyone does in the wall circle, the network spreadsheet where they're going, and they're getting all the information from all their different accounts. And they're putting it in one place and looking at it just straight up where where I'm at today. I think a lot of times people are quite surprised to see they're doing better than they thought. Because it is that big, scary monster until you've got it right there. And you're like, Oh, all right. Yeah, this is what I'm working with. Yeah, we have a lot of more pleasant surprises than unpleasant surprises when people fill out their network spreadsheet. Yeah, well, my first, I'm not sure if it's the first money memory, but it's definitely the biggest money lesson that I remember, it was around the same age as your first money memory like or about age nine. And my family and I were on vacation. And right across like the little bike path. There was a little convenience store. And I've had a sugar tooth ever since I was a young kid. So I begged my parents for $1 to go get candy from the convenience store. So one day they gave me $1 I went in there with the intention to buy some sort of candy bar, I got distracted, and saw like a little squirt gun on the wall. And without checking the price. I was like, You know what, I'm gonna buy the squirt gun and said, because you know, you're vacationing at the lake, this will be fun to you know, go surprise my brother and sister. So I just grabbed it off the wall, brought it up to the cashier. she rang it up and she said, Oh, this will be like $2.07 I was like, Oh, I only have $1 and she's like, well, you don't have enough money to buy this. I was so embarrassed. So I put the squirt gun back. And then I instead of grabbing a candy bar again, I grabbed this like big bag of corn nuts because I check this time the price tag said $1 Exactly. So I brought the coordinates out to the same cashier. she rang it up and it was like $1 and something sets and I was like, well, ma'am, it says $1 on the bag. And she looked at me and she's like, taxes.

Like that was the moment I was like, What the heck are taxes? These are the most evil thing out there. They're so sneaky and surprising. So I just I put it back and I ran out of there empty handed just stunned and not even understanding what the heck taxes were so went to my parents and and they really gave me my first first lesson on taxes. Of course your first money memory is about taxes. Like it's about how taxes are like the because we teach that to like taxes are your biggest expense. like of course yours wasn't like, oh, money isn't scary. It's like taxes are a real tiny traumatizing for a nine year old to get that lesson and on top of just being embarrassed because I was like clearly I don't know how this money thing works. This tack these taxes thing work. So it really like maybe as trivial as it sounded. It did impact me from a young age because that was the moment I vowed to myself that I would always have enough money before I bought anything because of how embarrassed I was to get turned down twice. So I really think that that lesson helped me just always live below my means never take on consumer debt. I also learned that tax

Is our real ditch and they're going to add a huge expense to your life. And they always need to be accounted for ahead of time before you go buy something and not after the fact. So I really did take those lessons with me. I think however, though, because of that little bit of trauma, I really lived a life of scarcity mindset, just kind of the fear of never having enough. And so I would really like save and save and hoard my money. In my teenage years, when I got my first job in my early 20s, I just would save, save, save, because I, I always feared never having enough since I live that experience at age nine. So it wasn't really until even you know, taking a while circle in my early 30s, that I I shifted my mindset to learn that I am in a really good financial position to take risks to invest more in real estate in the business asset class, because previously, I like to have all my investments in paper, because they were liquid, I can see them I can get to them. And it was that scarcity mindset that kept me from taking on that additional risk to put my money to work. And so another, you know, thing I learned is that I am actually on the path to financial freedom, like I won't have to work forever. And I just I can't tell you how relieving that feeling is because ever since my money lesson at age nine, I just, I almost feared money and just never having enough. So it, it's been great to just let that go and realize money is the tool to freedom. What I love so much about your story are really how different all three of our stories are. And before we give away, Julia, but we have very different upbringings around money, we had very different situations, when we met around money, we have very different financial situations currently. And when you join your wall circle, you were the millionaire in that eight person wall circle, because they used to be so tiny back then. And it was so interesting, because I was still experiencing women who had a lot more money than I did almost be just as fearful or more so than I was, which started to help me understand. Now I feel a little bit like a behavioral finance person just because I've had so many women share their money and express their feelings around how they felt about that particular net worth. And it really is all mindset, right? Like we are what we perceive around us. And you were perceiving that nothing was ever going to be enough. So even though you walked into your wealth circle with a million dollars, it still didn't feel like enough. And then you had to do some shifts around that. which I'd love to know. How did you start to shift your mindset from I don't have enough to Oh, wait, I'm on the path to financial freedom. I've done a good job. For me it really was community I know I've shared a lot that my I've always been an investor, I always knew that you need to invest and save and live below your means. And I was very, very strict with that lifestyle. But I was on my own journey. I was like so low path. Totally siloed I just was doing what I thought I never had a money community of other women to learn from to talk with to just share these like money, concerns, because we're very trained to just put your head down, keep it to yourself, and, you know, do what you read in books and articles in here on podcasts. But that doesn't work that still keeps everyone siloed from each other. So really connecting with hundreds of other women through the factory community to hear how they think about money, how they invest, I learned so much about mindset, and how to shift mine and just be comfortable taking on more risks from other women just like myself, then, you know, then I learned in all the professional books out there. I love it. And yeah, I also think that I mean, we always joke with you about this. But we would love to have picked up some of those books and started investing in our early 20s. But that wasn't meant to be my journey. And I know it wasn't meant to be several women who's joined factorio, which is why we have this community. It doesn't matter where you're coming in from, whether you've got the millions or whether you're building them, it's more so allowing yourself to prioritize your wealth. Find a community that's going to inspire you to build from wherever you're at and put the fundamentals in place. Because if you don't have the fundamentals in place, you're going to feel like all of us, which is a little bit scared, frantic and fearful that we won't have enough because if you don't really understand what you're doing or where you're going. It's

It's too daunting, and no one should live like that, right? Like we all are so open talking about our careers and different aspirations. And we just keep money behind these locked, sealed vault doors that we don't even know how to open, it seems. So that's what we're changing here. And that's what's so inspiring is really just the best word. I mean, I love getting on slack every day and seeing women purchasing houses and just doing things that they may have never suspected they be capable of six months ago, a year ago. Yeah. And I think what's so cool about listening to both of y'all stories side by side is that, like mindset, like how you think about an actor on money has absolutely nothing to do with your circumstances. Whitney has been saving since she was seven, you know, like, and yet she still felt like scarcity mindset. Versus Allegra who was you know, spending it all lifestyle inflation, like even if you do have plenty, you can still have a scarcity mindset. And I think that's really empowering to remember, because no matter what your money looks like on paper, you can choose how you feel about it, which changes how you act about it. I love that Whitney left that store with the dollar, she saved that dollar, I would have found something that would have included tax just so I could spend it. After you get turned down twice like that you're like, Okay, time to get out of here.

I love it. Cool. Let's hear your story. Yes, well, mine, I was probably about nine to Honestly, I don't know, maybe I'm just saying that. But I was old enough to have friends. And remember, my best friend had a sweet trampoline. And I begged my parents when they wouldn't get me one. And I was like, why? Like, why can't we just have a trampoline? And they were like, honestly, Julia, we need to use that money for things that matter more to us than entertainment, like clothes and school supplies and food. And I was like, Oh, I guess that makes sense. I mean, I'm sure I didn't actually say that. When I was at age. I'm sure I was like a mom. But But looking back on it. It made a lot of sense to me. I think I learned from a very early age that like material things don't matter as much is lesson one. lesson two is of course spending in line with like, what you actually value and my parents were telling me in not so many words that education and having kind of like the basics down was more important than having this trampoline in our backyard, which I now know is also a deathtrap like, I will never be buying my children a trampoline, but they just let me know that certain things are more important. And I think I grew up not really caring that much about material stuff like not really feeling like I needed to have the latest and greatest. That isn't to say that I had no problems with spending, like when I did get into some credit card debt. When I was living in San Francisco, I was spending on concerts and restaurants. But that was like more experiences than actual stuff. And I'm really grateful for that lesson because I think it's lovely. However, my parents also didn't really talk about money. So it was still really scary. And such a mystery to me. And so similar to Allegra I, we never talked about it. We never, like they never sort of explained anything to me. And so I just ignored it and got really stressed about it. And yeah, it was like just complete avoidance, which is not a healthy way to deal with something that stresses you out. Because I just felt like it was like this unknown sort of, like, massive thing to figure out. You know, like, I hear a lot of women that are in factory or factory adjacent, say like, they've had figured out my money on their to do list. But it's like when you phrase it like that, how do you even get started? Because what does that even mean? So that's kind of why I joined the wealth circle. I was like, it's time for me to figure out my money. And that's how I began sort of rewriting my story around it. So I think Yeah, one of the first things that we do, like we talked about is fill out that spreadsheet where you kind of like start, you understand where you're starting from, but then also just realizing that salary is like one I've said this on previous podcasts. But I think it is such a powerful lesson that salary is such a tiny piece of the wealth equation. Sometimes it feels like salary is the only thing you really have control over and even then you don't really have that much control over it. But just understanding that is just one sliver of the wealth pie, I think is amazing. So that was really what helped me turn my money mindset around is like a getting super clear and be realizing that like a W two job is not the only way to build wealth. And Yep, just being surrounded by so many people that were doing so many cool things with money. And I will never forget in session one we talked about using money as a tool. Because I think one of the things that we all do with money is we project all this stuff onto it, pour money money didn't ask for this, but we make it mean love. We didn't mean security, we make it mean scarcity. We make it mean all these things that like it really doesn't mean it's just numbers on a piece of paper or in your bank account. And so being able to separate the two and being like money can be

At least a neutral thing. And then it can be a positive thing. And it's a tool more than anything. I don't have to make it mean something that it doesn't preach love. It was like the best, you captured all the best lessons from question one like, and you're right money didn't ask for this, like money didn't ask for, you know, to take on the job of retail therapy to make you feel better after a breakup like that. So that's a lot of pressure. Yes, money is tired and money needs to sit down. And so yeah, session one was like totally mind blowing to me, for sure. And I was just like, I just never, we also talked about the traditional like savings equation versus like the millionaire equation, which you know, flips around the sort of like, you know, spend first save later, it just talks about rearranging your priorities. And once I did that, it was just like, game over for me. pay yourself first. It's like such a simple concept where once you start doing it, you're like, why didn't I do this years before. But I would argue that the pay yourself first concept, felt a lot like figure out your money to me, because I started reading everything about personal finance, when I had this realization that I needed to get my shit together. And that was one of the things I constantly read about, but it still felt like a big mountain to climb. So there's something about knowing what you should do, and doing it that are just light years apart in some cases. And the way that I'm so proud of how we built the wealth circle is we don't just say pay yourself first, we then show you how to do it and give you assignments, so that you kind of need to go and do it. And then once you've climbed that short step from spending first to saving for yourself, first, you want to do all the other things, because it's an immediate effect to see whatever it is whether it's $200, that you're putting into a high yield savings account, or $500, because you've decided you want to fill up your Roth IRA this year, and you automate that money directly from your employer over to that brokerage account, so you don't even see it land in your checking account. It is pivotal and life changing. And it comes right after session one. So it's like, straight out the gate. And the biggest thing I think that helps women get from I should be doing this to doing it is the accountability piece, when you're surrounded by hundreds of other women saying, alright, I finally made these changes I this, this is how I did it. You're like, okay, I can do this too. And the steps aren't that hard. So I mean, that's one of our like prize ingredients to the well circle is that accountability piece. For sure. When there's so many people saying all the changes they're making, you're like, shit, I gotta get on line tonight and open up that new high yield savings account we were talking about in session, get you fired up? It does get you so fired up something else that fires me up our money mantras, which is something else we do in the wall circle? Do you all have your money mantras, because I would love to share what these are? For us? Yes, let's do it. Yes. Who wants to share a mantra, I can start, I love my money mantras, I created them at the very end of the wall circle. And I am not a woowoo type person. So I'm more of the analytical type. So I would have never created a mantra, I don't do too much journaling. So this was a great way for me to break out of my traditional mindset and tap into the law of attraction more so so I still have the post it notes where I wrote my mantra. They're right above my desk. So I see them every day. And they are I work less and earn more. And I am financially free at 45. So good. It's so good. so clear. And I love that you there in the present tense. And I also love that

you're so clear on that financial freedom by 45 goal, like you talk about it all the time. Yeah. So and the biggest piece of advice you gave me, Julia was that these mantras are or better, meaning like I am free at 45 or early. Yes.

So it it's a great refrain. And it's, it's something I just I live by every day.

I kind of think listeners are gonna want to know how long until you're 45. So how long we got to accomplish that 110 years? Well, I'm actually almost 36 we'll call it nine years to hit financial freedom. And like I said, y'all I never would have believed I was actually on the path to do so if I didn't take the wall circle and I just have such a great

clear path now that I'm, I'm so excited to look at my money and work on my money every single day. I just love this so much. And I hope that listeners are feeling invigorated by this message too, because I know my corporate life. And now that you all know, I'm a proud corporate dropout, the message that was constantly delivered to me was put money into a 401k. And then hopefully, if you got enough in there, by the time you're 65, you can retire. And that's just never sat well with me, because by the time I'm 65, I'm old, you know, I want to do really cool stuff when I'm young. And I think, Well, for one thing, we're all very fortunate to work at a remote first company, like factory I, that was a decision that we made, that's something we're building together. But the fact that we don't have to keep that, you know, 65 plus age in mind, I have so many friends whose parents are still working, they're well above 65. They don't know if and when they can stop, because they probably still have figured out their finances on their to do list. So they're just scared and keeping going. And I just don't want that for anyone. So I also love how short and clear and frickin awesome your mantras are. How about you Hulu? What are your mantras, I have two one is I'm continually and effortlessly creating more money for myself. And the second one is I buy assets that pay for my life. Because I think buying assets is like such a simple thing that is worth repeating. Like, I don't even know how to even know how to say it. I just knew that it was I just knew that it was something that I just wanted to keep reminding myself of because it's like, you just want to keep buying assets that are smart, that fit in your portfolio that can keep paying for other things. You know, what's interesting is before you understand what assets are, I think that phrase is kind of unsexy. Like I buy assets that provide income that you know, pay for my life. It's kind of like, okay, but then when you dig in, and you understand what assets are, what income generating assets are, you're like, oh, wow, like this light bulb goes off. And it's like assets are the sexiest thing out there. And that is the biggest thing that sets the you know, the wealthy, apart from those that are struggling is that instead of just earning a paycheck to then buy things, so the money in money out concept, they earn money to buy assets that generate income that is then used for expenses. And that's exactly what Julius montra is saying. And it's like genius. I think also the word asset literally has the word asset in it. So like it should be sexy.

I know I'm sitting here thinking we have to make a really cool, like marketing slogan out of assets. That's that asset.

That's what we all want in our lives. Oh, that's so good. I love that. But I agree with Whitney that if if you don't really understand your financial life, your financial picture your net worth these different calculations that we're talking about your investing rate, all of these basics that we supply, well circle women with and then they're just frickin off to the races. Even the term buying wouldn't feel very sexy, right? Because you feel like when you're buying something, you're spending money and losing it, you're not getting it back. Because that's more of the traditional approach. I buy something and then that money's gone, not with assets. It's like you are keeping it for good by choosing assets over liabilities or expenses or something that's not going to return you any money on that investment. Yeah. And that is Plex, and it sounds so good. Yeah. The we talked about her a lot. Aisha Selden on Instagram, she is a real estate investor extremely successful. She says on her Instagram account all the time. And I also think this is like a semi money mantra for me it's just owns some shit. Like, go on some shit, you know, owns a property owned some whatever. I think that's very empowering. I love that. Yeah, that's that's exactly what she means go buy from the assets. Yeah, we have to find some lyrics that are kind of sexy when I like big assets. And I can't deny that kind of thing to put into.

Wet as assets. Oh, yeah, workshop it. We're getting explicit on here. So watch out everybody.

Let go. What are your mantras? Okay, so I also have two mantras and they are my actions create constant prosperity and new income streams. And I didn't do that when I created this mantra. And now I do do

And so again, I built something that I wanted to build into. And I'm doing it and I love it. And then my second one is I'm a multimillionaire with daily schedule freedom. And that's,

I like that scheduled freedom. That's just like, a good way to put, I'm protecting my time to be free. Yep, I was right here on my little computer. I love it. And look how far you've come full circle to I'm so bad with money, too. I'm a multimillionaire with daily schedule, freedom. And that feels very realistic to you. With passive income streams. I know, I know, I love them. So that is pretty much it for our money, memories, our money mantras. Basically, no matter how you grew up thinking about money, I just really want listeners to understand that now is the time to change it. If the way you grew up is more negative, or neutral or simply not serving you, you have the opportunity to shift your mindset just little by little, and start creating more abundance in your life, just from your beliefs just from within. So the best way to do that is to not have fear, or at least push through the fear and open up your financial trunk and give it a look see what's currently going on. Because just like we were talking about with the monster under the bed, tell you look, you're not gonna know if it's big and scary, or if it's like, you know, cute and small. So yeah, and fear. Fear subsides, with education. Hopefully, that rings true across whatever side of the spectrum you're on, and you have a lot of money, you're not doing anything with it. And you have scarcity mindset, you don't have a lot of money you're spending above your means. I mean, education solves all ends of the spectrum. So whatever you do, you're ready to tackle your money. First step is to learn more about it. So true. I mean, then that's beyond money. That's anything you need to figure out how to do if you want to change your oil, watch a YouTube video and then start doing it on your own car. And that is how overwhelm subsides. So we're obviously all about that with your monies. And if any listeners want to share their money story or any money mantras you use, please feel free to slide into our DMS over at at factoria underscore wealth on Instagram. We love hearing from our listeners. We love engaging with them. So thanks for listening to our money stories. Thanks for hanging out Team factoria Thanks, y'all. Team factorial out out.

If you enjoyed this episode, come join us in a while circle. It's our live online 12 week course and community where we teach you how to create a personalized financial plan alongside hundreds of other women building wealth. It will change your life and your money for good. You can apply at factorial wealth.com forward slash wealth circle. That's factorial wealth.com forward slash wealth circle. See you in the next episode.