3 Steps to Transform Your Beliefs About Money

Several years ago, I was interviewed by Lorwai Lan, the brilliant radio show host of Your Money and Your Mindset. My topic was It’s Never Too Late to Become a Midlife Millionaire. I later discovered that this interview was the top downloaded podcast on the CEM network with over 30,000 downloads. You can access it by clicking here.

One of the things I discuss is mindset. The idea of mindset is so important because unless you have a healthy relationship with money, no matter how much you earn or have, you will never be able to keep it, grow it, or feel secure and joyful about it. This is why 70% of lottery winners squander away their winnings within a few years. We have all heard these stories and think, “I’d never do that!” Oh really?

We also know that when new wealth is created in families, there is a 90% probability that all the wealth will be gone by the third generation. It’s known as “shirt-sleeves-to-shirt-sleeves in three generations.”

So, what is your mindset about money? If you received a large sum – millions of dollars, could you hold on to it? You say yes, but how are you treating the money that you have today? Do you respect and appreciate it? To create, grow, and keep wealth, you need a healthy relationship with it and an action plan.

How does the idea of Becoming a Midlife Millionaire feel to you?

  • Does it make you feel uncomfortable or does it feel too unrealistic?
  • What would your friends and family think of you if you were extremely rich?
  • Does the word millionaire seem too materialist or masculine?
  • What were you told about money when growing up?
  • Did you hear, “Money doesn’t grow on trees” or “Money is the root of all evil”?
  • Are you negatively triggered by the idea of having lots of money or by those who already have it?


Your relationship with money – how you feel about it AND what you do with it – will have a profound effect on every area of your life. Until you develop a truly sacred relationship with it – this means both the ‘Inner Work’ and the ‘Outer Work’ of money, you will never be able to ask for what you are worth, keep what you earn, invest confidently to make it grow, or feel secure and confident about it once you have it.

I’ve worked with hundreds of women who have come to me for help with their money, and we always start with the Inner Work. If you are struggling with your relationship with money, thinking it’s too late to become wealthy, waiting for someone else to solve your financial problems, hoping the issues will go away by simply ignoring them, or going deeper and deeper into debt, even being afraid to spend it, or invest it, then it’s time to take action.

The Inner Work identifies our beliefs and disempowering beliefs about money, and then shifting, healing, and releasing those beliefs while creating new empowering beliefs AND actions.

The Outer Work is what you do with your money. Are you getting paid what you are worth? Do you respect money? Are you saving and investing for your future?

No matter where you are in your life, there is hope. I can promise you this one thing. There is always hope and there is always a solution. So where do you start?


Step #1: Start with the Inner Work – Identify your beliefs around money.  I’ve helped hundreds of women heal their relationship with money. I do this by helping them identify their money personality which is based on their disempowering belief and their biggest challenge. These beliefs were normally created very early in their life by what they saw, felt, and heard before they were seven years old

There are five money personalities:

  • Value – I need to prove I am good enough
  • Status– Whatever I achieve is not enough
  • Love – I need to do whatever it takes to get love
  • Security – I never know when what I have may be taken from me
  • Recognition – I need to prove I’m right


Once you identify your disempowering belief, challenge, and money personality, it is then time to release, forgive, and heal. This process can take years. However, if done with a professional, it can be instantaneous.

This one step will shift everything. I’ve seen it happen over and over, frequently with immediate almost magical results.


Step #2: Now you can begin the Outer Work – Taking Action.  This is when you begin to look at where you stand and where you want to go. It’s time to be brutally honest, to clean up messes, set goals, and get the help you need.

Steps can include:


Step #3: Don’t give up. Don’t try to do this part alone. Get support and surround yourself with like-minded women who are on the same path. You can do this by joining our free Smart Women Community, where you will receive our inspirational weekly radio shows, 100 days of inspirational quotes by women and our brand new course, Unlock Your Financial Power which is all about creating your vision, values, goals and developing a strong mindset. Because once you do, you can accomplish anything.


I believe in you. I have been there and know how to do this. If you want to talk to me personally about clearing those beliefs that are sabotaging your wealth and happiness, then feel free to schedule a 90 minute Money Breakthrough Coaching Session. You can learn more by clicking here.


Ready to get financial clarity?

Enjoy your life with the peace of mind that comes with having a proven financial strategy, Schedule a consultation today!

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