Habits, mistakes & mindset to know about money with Lámidé Elizabeth

Today we chat about a topic I've only discussed a handful of time, that is - MONEY! Love it, hate it, repelled by it want more of it? We all have our relationship with it and at the end of the day, need it to survive and live quintessentially in the modern world. This is why I wanted to get someone on who could speak to me (someone who has only recently started on her money journey and unpacking my beliefs around it) about common mistakes we can avoid, saving tips, investment ideas, mindset around money, the concept of lifestyle inflation and more! This episode is especially for anyone, like me, who wants more abundance via financial wealth in their life, but are battling some pre-existing ideas around your ability to have it and practical ways to achieve it! (00:00) Introduction (02:04) Upbringing & Influences (06:39) Advice to 18 year old self (09:59) Mistakes & Mindset with money (13:24) Lifestyle Inflation (16:53) 50-20-30 rule (18:57) Saving Pots (21:54) Saving Best Practice (28:00) Difference between saving and hoarding  (30:10) Making your money work for you (35:27) Scarcity to Abundant Mindset You can connect with Lamide on Youtube or Instagram. 📢 Like, subscribe, and activate notifications for more content on personal development and achieving career success without compromising your personal life. ▶︎ NEW - GOAL SETTING SYSTEM 2024 eBOOK! Get it here ▶︎ Connect on IG ▶︎ Connect on TikTok ▶︎ YOUTUBE Channel ▶︎ Join our free telegram chat ▶︎ Curated playlists, website and other channels here Support this show http://supporter.acast.com/thebalancetheory. Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices