1043: On a Mission to Empower Communities and Close the Poverty Gap with Author and Speaker Angela Duncan

What this episode covers

Sometimes, we only think about our own businesses, but what if we could use our skills and resources to help those who are in need? Prepare to be inspired by the potential of leveraging financial empowerment to bridge the poverty gap and how it can revolutionize the experience for business owners like yourself with Angela Duncan! https://youtu.be/k8i4zTI77IA Angela Duncan is the host of the Empower Her Money podcast, which is in the top 5% of podcasts globally. She has expertise in personal finance and banking and has worked as a financial advisor and owned a top 10 RE/MAX office with over $2 billion in sales. Today, Angela discusses her personal journey with money, including how her beliefs about money were formed in childhood and how she has worked to decouple emotions from financial decisions. She also talked about the importance of financial empowerment for women, and how her podcast aims to share personal stories and experiences to help women learn about money in a relatable way. Quotes “We all have a story and have learned something about money that we can share with others. No matter how big or small your idea or thought, someone else might need that information at this moment.” – Angela Duncan “Money is just a tool, like this pen in my hand. I use this tool to write; money is a tool you use to exchange for something else. That's all it is, so take the emotion out of it.” – Angela Duncan “If you ask for more, you're more likely to get it than if you never ask at all.” – Angela Duncan Takeaways 01:44 Uncovering limiting beliefs about money that were formed in childhood is crucial to breaking free from financial fears and achieving financial literacy. 03:47 Starting with understanding your current financial numbers, including expenses and income, is the foundation for building financial freedom. 07:42 Investing in tangible assets like real estate can be a logical, less emotional approach compared to more speculative investments. 15:09 Finding a trusted mentor and coach is essential when venturing into new investment areas like multifamily real estate. 20:17 Continuous learning, adaptability, and a willingness to pivot are necessary to overcome failures and capitalize on changing market conditions. Resources Empower HER Money: 1 Female Podcast To Change Financial Lives Angela Duncan's LinkedIn Empower YOUR Money: 101 Simple Ways for Female Entrepreneurs to Create Financial Freedom by Angela Duncan on Amazon

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