Demystifying Mental Toughness 143 How Your Money Mindset Influences Your Behaviour
In today's episode I chat with the author and the founder of The Money Confidence Academy, Lesley Thomas, where we discuss a subject some people are uncomfortable discussing "money". Lesley shares valuable insights into our money mindset and how money can impact our self-worth. For psychology practitioners or business professionals we chat about pricing your services and conversations that come with this. We also highlight the relationship between your mental toughness and money.
Key Learning Points:
- A confident relationship with money starts with having a confident relationship with yourself.
- Our relationship with money starts around the age of 7 years old, based on what we hear our parents say about money.
- We often connect our relationship with money with our self-worth.
- When setting goals pure financial goals are not particularly motivating for a lot of people as they don't create an emotional connection.
- See money as an enabler.
- Social comparison is harmful.
- When pricing your services consider the results that you are bringing for your clients.
Connect with Lesley Thomas:
Website – The Money Confidence Academy
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Useful Podcast Episodes
Ep128: Paula Eddy-Wilcox - Can You Show Vulnerability and Be Mentally Tough? Yes!
Ep132: Kevin Stansfield - How Lessons from Golf can help with Game of Business
Ep133: Christina Flach - Why Mental Toughness is Important: Lessons from Sport, Business and Loss
Ep139: Steve Beharall – Steve Beharall's Journey from Football Coach to CEO
Other Useful Resources
Blog - 5 Reasons team captains should work with a Sports Psychologist
Blog – Mental Toughness is a Hugely Valuable Trait
Blog - 5 Ways to Create a Psychological Safe Sporting Environment
Blog – Mental Health Guidance for Coaches When Supporting Athletes