Mind Over Money: How Thoughts Create Wealth

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In this podcast episode, we’re talking about how the way you think can make you richer…or poorer.

We’ve all heard the stories: people win the lottery, then lose it all. Or a millionaire who loses everything, and then rebuilds their fortune seemingly overnight.

These examples illustrate that financial success isn’t just determined by your income and expenses, just like success as an athlete isn’t just about talent. A significant part of winning, physical or financial, comes from things like your attitude and beliefs.

So today, we will talk about how you can flip your mental script to unleash your potential.

Host Stacy Johnson is joined by financial journalist Miranda Marquit. Listening in and sometimes contributing is producer Aaron Freeman. Our guest today is Yanely Espinal, the author of the book “Mind Your Money.” She’s going to help us figure out how to change your money mindset and position yourself for success.

Before you listen, remember: This isn’t financial advice. So make sure to do your own research and consult your own experts before acting on anything you learn here.

You can listen to the podcast wherever you get your podcasts:

Money mindset is a big part of financial success

Often, the stories we tell ourselves about money hold us back. Overcoming some of these money mindset issues can be a big part of moving on to the next stage of financial success. How we view money and our financial values can shape our budgets and how we plan for the future.

Here are some of our resources for planning, values, financial wellness and updating your money mindset.

Financial resources for taking those first money steps

While working on your money mindset is a big part of moving forward, you also need the ability to take actionable steps. Here are some of our best resources for mastering the basics so that you can go on to build wealth.

Meet this week’s guest, Yanely Espinal

Yanely Espinal
Courtesy of Yanely Espinal / Money Talks News

Yanely is a Brooklyn-born ball of energy with an intimate knowledge of financial education, culture, and politics in America. Known on the internet as MissBeHelpful, she’s a millennial financial educator who started her career as a teacher, and now serves as the director of educational outreach at Next Gen Personal Finance. (NGPF.org)

Over the last four years, Yanely has worked with governors and state legislators to pass laws requiring personal finance education for a full semester before high school graduation. Bills that Yanely has championed have been signed into law in Florida, Michigan, Georgia, Rhode Island, and North Carolina.

The stories in her debut book, Mind Your Money, detail her journey from food stamps to financial freedom and her experience navigating the Ivy League as a first-generation daughter of immigrants.

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About the hosts

Stacy Johnson founded Money Talks News in 1991. He’s a CPA, and he has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

Miranda Marquit, MBA, is a financial expert, writer and speaker. She’s been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoors.

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