In this episode of the Living in Sync podcast, host Joelle and guest Lauren Francois discuss money mindset, wealth, and defining wealth for oneself. They share their personal journeys with money mindset and how it has impacted their lives and businesses.
Lauren emphasizes the importance of women becoming wealthy and involved in finances, and they discuss the common issue of fights over money in relationships.
They also touch on the importance of women pursuing wealth, not just for personal gain, but for...
In this episode of the Living in Sync podcast, host Joelle and guest Lauren Francois discuss money mindset, wealth, and defining wealth for oneself. They share their personal journeys with money mindset and how it has impacted their lives and businesses.
Lauren emphasizes the importance of women becoming wealthy and involved in finances, and they discuss the common issue of fights over money in relationships.
They also touch on the importance of women pursuing wealth, not just for personal gain, but for the ability to make a positive impact in the world. The episode concludes with a discussion on teaching children about money and life skills, and the importance of being equal partners in a marriage or partnership when it comes to finances.
Referenced Resources
Lauren on Instagram
The Wealthy Woman Podcast
MONEYmind Mastercourse
Episode Content Time Stamp
*Lauren's interest in money mindset [00:04:46]*
Lauren talks about her personal journey with money mindset and how it led her to become a money mindset mentor and coach.
*Defining wealth [00:07:29]*
Joelle and Lauren discuss the subjective nature of wealth and how it differs from person to person. They emphasize that wealth is whatever amount of money allows you to live the kind of life that you want.
*Women and Wealth [00:12:36]*
Lauren explains why she is passionate about women becoming wealthy and how women are still new to the wealth game, working through generational beliefs and identities that are limiting around women with money.
*Money and Mental Health [00:16:11]*
Lauren shares statistics that show how money affects relationships and mental health, and why she wants women to go after the kind of wealth they desire to have less stress and more joy in their lives.
*Women and Wealth [00:25:09]*
Lauren talks about the importance of women going after wealth, as well-resourced women can make a big impact in the world by donating to causes that matter to them and creating a certain kind of lifestyle for their kids.
*Splurging vs Skimping [00:28:19]*
Joelle and Lauren discuss their personal splurges and skimps, with Joelle splurging on hair and makeup products and skimping on kids' clothes, while Lauren also skimps on kids' clothes but splurges on nicer dresses for her daughter.
*Motherhood and Money Mindset [00:39:38]*
Joelle and Lauren discuss how their money mindset has changed since becoming mothers and how they would approach motherhood differently now.
*Teaching Kids About Money [00:45:58]*
Lauren shares how she teaches her kids about money and the importance of setting boundaries, while avoiding limiting beliefs around hard work and expense. Joelle and Lauren discuss how they teach their kids about money and the importance of making them aware of privilege.
Lauren and Joelle discuss the importance of educating children about money, including how to use a credit card, how a bank account works, and how to invest.
Joelle and Lauren discuss the importance of teaching kids about money and life skills, and how it's never too late to start. They also share their personal experiences with learning about money.
*Importance of Educating Yourself About Money [01:12:49]*
Lauren emphasizes the importance of educating oneself about money and finances, and encourages listeners to start asking questions and seeking resources. She also warns about the consequences of not being involved in the money conversation.
*Biblical Perspective on Money [01:21:11]*
Joelle shares her insights on the Proverbs 31 woman and the parable of the loaned money, emphasizing the importance of being wise with money and investing it wisely.
