Podcast
Money Files: Money Mindset & Personal Finance
Hosted by Keina Newell - Personal Finance & Money Mindset Expert · EN
Is money (or lack thereof) keeping you from fully enjoying your life? Are the stories you tell yourself preventing you from improving your money mindset and having a better relationship with your finances? Join Keina Newell of Wealth Over Now on Money Files: your financial toolkit and a place to start working on your money mindset, learn new financial concepts, and hear candid conversations from her clients who have been right where you are and are on the other side. If you are ready to start your financial journey, head to www.wealthovernow.com and subscribe for new episodes each week.
19episodes
Episodes
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230 | Financial Emergence: The Identity Shift That Actually Gets You to Your Money Goals
Jun 200:19:43Tap to summarizeYou started this year with an intention. Maybe it was January 1st, maybe it was sometime before the new year even started, but at some point you told yourself this was going to be the year you finally got out of debt, started budgeting for real, or stopped living paycheck to paycheck. And now we're in the middle of the year and if you're being honest, you're somewhere between "I made some progress" and "I honestly don't know what happened since January."This episode isn't about your budget or your numbers. It's about what's actually missing, and it has nothing to do with how much debt you're in, how much you make, or how much you have or haven't saved.What I want you to understand is that reaching your financial goals isn't just about setting them, it's about becoming someone new in the process. I'm introducing a concept I call financial emergence, which is the identity shift that happens when you stop trying to force yourself into a goal and start actually becoming the person who can hold it. Just like a caterpillar doesn't go in the same way it comes out, you're not going to reach your financial goals as the same version of yourself that set them, and that is the real work this episode is about.In this episode I walk you through what financial emergence looks like in real life, not on a vision board and not in a pretty spreadsheet, but on a Tuesday when things feel hard and nothing is going as planned. I also share a three-column exercise you can do today to identify your financial intentions, name what's most likely to get in the way, and decide in advance exactly how your emerging self responds when that moment comes.In this episode you'll learn...[00:04:22] What financial emergence actually means and why your financial journey will always have peaks and valleys, and why that's not evidence that you're failing but evidence that you're in process[00:08:15] Why setting a financial goal is not the same thing as building a financial identity, and why the goal alone will never be enough to get you to the other side of where you're trying to go[00:12:40] What it looks like when the emerging version of you responds to overspending, shame around debt, or a last-minute trip invitation you've already decided your money can't say yes to right now[00:18:30] Why your financial journey isn't linear and never has been, and how to use that understanding to change the conversation you have with yourself in the hard moments instead of closing the app and avoiding your numbers for two weeks[00:22:10] The three-column exercise that helps you decide in advance who you're becoming so that when the hard moment arrives, you already know exactly what to say to yourself and how to keep moving forwardTune in to this episode of Money Files to understand what financial emergence is and how it changes everything about the way you see yourself, talk to yourself, and show up for your financial goals especially when it gets hard.Get full show notes and the episode transcript: https://wealthovernow.com/financial-emergence-the-identity-shift-that-actually-gets-you-to-your-money-goals/Links mentioned in this episode…Set up a call | Financial Coach Washington, DC | Wealth Over NowDownload my FREE spending plan
Transcribe →229 | If You've Ever Said I'll Figure It Out About Your Finances, This Episode Is for You
May 2600:22:35Tap to summarizeThere is a phrase you have probably said to yourself this week, maybe even this morning on the way to work, when that bill you keep pushing to the back of your brain showed up again. And that phrase is "I'll figure it out." It feels harmless in the moment because it always has been, you've made it work, you've kept the lights on, you've gotten to the next paycheck. But that quiet habit of figuring it out has become a financial identity, and it is costing you thousands of dollars every single year.In this episode I am calling you out in the most loving way I know how because I want you to understand what is really happening underneath the surface when you tell yourself you'll figure it out later. For a lot of high earners it has become a default response that lives right next to a low level of guilt and shame about the gap between what you earn and what you actually have to show for it, and when shame is running in the background, avoiding your finances feels safer than looking at the truth.I will also walk through exactly what figuring it out is costing you in real dollars, from overdraft fees to forgotten subscriptions to the intention tax that keeps eating away at money you could be putting toward something that actually matters to you.In this episode you'll learn...[00:04:18] What the "I'll figure it out" identity actually looks like in real life and why it has nothing to do with you being bad at math or not making enough money[00:08:45] How shame quietly drives financial avoidance for high earners and why not looking at your bank account feels like the safest option when you make really good money but don't have much to show for it[00:13:20] The real dollar cost of figuring it out, from overdraft fees that add up to hundreds of dollars a year to subscriptions quietly draining three hundred dollars a month from your account in money you never meant to spend[00:18:10] Why the figure it out mentality could actually be limiting how much money you earn, because if you don't trust yourself to manage what you already make, it becomes harder to go after the opportunities that would pay you more[00:23:45] What it looks like to actually figure it out, not just survive to the next paycheck, but have a real system that lets you travel, pay off debt, and come back from summer knowing exactly what is in your bank account[00:28:30] What the intention tax is and how closing the gap between what you intend to do with your money and what you actually do is where thousands of dollars are hiding in your finances right nowTune in to this episode of Money Files to understand what the figure it out mentality is really costing you and what becomes possible when you replace it with an actual plan for your money.Get full show notes and the episode transcript: https://wealthovernow.com/if-youve-ever-said-ill-figure-it-out-about-your-finances-this-episode-is-for-you/ Links mentioned in this episode…Set up a call | Financial Coach Washington, DC | Wealth Over NowDownload my FREE spending plan
Transcribe →228 | Stop Being Surprised by Summer Spending: A 3-Step Budget Reset
May 1900:12:26Tap to summarizeYou told yourself you'd be more intentional this year — and then Memorial Day weekend showed up, your friends started texting, and you committed to the trips, the concerts, the rooftop brunches. If you're being honest, your emotions made spending decisions before your budget could catch up and now you're staring at your bank account wondering where your money went.In this episode I'm talking about something most people completely ignore when they decide to become intentional with their finances. Just like the weather has seasons, so does your spending — and if your budget doesn't change with it, summer will show up, do exactly what summer does, and you'll be standing in September full of regret. When the sun comes out your calendar fills up, your kids' activities change, your dining out doubles, and your "I deserve this" moments start showing up everywhere. And none of that is a problem unless you never made space for it in your budget.I'm inviting you to take a quick pause right now to get in front of your summer spending so you can go into the season with a real plan and come out of it without the guilt, the shame, or the credit card hangover.In this episode, I walk you through how to actually prepare. Because going into summer with a plan means coming out of it feeling proud of how you spent your money.In this episode you'll learn... [00:02:00] Why your budget needs to change when the seasons change, and why not planning ahead is what leaves you broke in September[00:05:00] How having kids changes your summer spending (and the expenses that sneak up on you)[00:07:30] The specific areas of your budget you need to look at right now: holiday weekends, travel, dining out, gas, and what your kids need[00:11:00] Three steps to build a real summer budget, one you can actually feel good aboutTune into this episode of Money Files to discover how to prepare your budget for a fun and financially sound summer.Get full show notes and the episode transcript: https://wealthovernow.com/stop-being-surprised-by-summer-spending-a-3-step-budget-reset/ Links mentioned in this episode…Set up a call | Financial Coach Washington, DC | Wealth Over NowDownload my FREE spending plan
Transcribe →227 | The 7 Questions to Answer Before Every Summer Trip (So You Don't Blow Your Budget)
May 1200:21:28Tap to summarizeYou’ve done it before. You come back from your trips, you drop your bags, and before you can even exhale there's that knot. The one that shows up right before you open your banking app. The one that makes you want to just wait until things settle before you look at any of it.The problem was never that you spent money. It's that you spent without a real plan. And when there's no plan, your vacation spending feels like something to “figure out” later.In this episode, I walk through exactly how to build a vacation budget, even if you’ve already planned all of your summer travel. This summer I want you to know what you’re spending before you leave, so you can enjoy every dollar you spend while you’re there and come home ready to keep going instead of spending September cleaning up summer damage. In this episode you'll learn…[00:02:30] Why summer is the season most people fall behind financially[00:06:10] The real reason you feel stressed after vacation (and how to avoid it)[00:10:45] The question most people skip when building a trip budget — especially if you have a side job, hourly work, or any income that stops when you do[00:18:20] Why food, getting ready costs, and the day you come home are the three line items most people forget to budget for [00:28:50] How to create a simple daily check-in so you stay on track while travelingTune into this episode of Money Files to discover how to create a vacation budget that helps you spend intentionally without guilt, stress, or regret afterward.Get full show notes and the episode transcript: https://wealthovernow.com/the-7-questions-to-answer-before-every-summer-trip-so-you-dont-blow-your-budget/ Links mentioned in this episode…Set up a call | Financial Coach Washington, DC | Wealth Over NowDownload my FREE spending planEP. 226 How Lisa Paid Off $15,000K in Debt and Built $7,000K in Savings in One Year
Transcribe →226 | How Lisa Paid Off $15,000 in Debt and Built $7,000 in Savings in One Year
May 500:44:08Tap to summarizeIn today’s podcast I’m interviewing my client Lisa and you might relate to her story more than you think. Before working with me, Lisa would go on vacation and assess the damage when she came back. But what Lisa has figured out after a full year of working the system we implemented is that she doesn’t have to figure anything out anymore. Thanks to the Three Money Bucket system, the money is already there. Lisa started working with me about a year ago, right before her 40th birthday, with about $40,000 in credit card debt that she couldn’t seem to shake, and a savings account that wouldn’t grow despite making good money. She would say she felt like she was just above water, and she knew things didn’t add up. In this episode, Lisa shares what a full year of using the Three Money Bucket system actually looks like: $15,000 paid off, nearly $7,000 saved across multiple accounts, another $7,000 in her bills account, and a Disney cruise paid in full. She also talks about what has surprised her most from our work together and how budgeting has helped her elevate what she values financially. Listen to this episode as Lisa shares her transformation and answers questions about her experience......[01:35] What has a full year of budgeting been like?[03:37] What have you adopted since we started working together?[07:52] How do you make decisions and trust that you made the right ones?[14:32] What was your journey with debt like?[24:14] How coaching paid for itself[27:20] How has your relationship with your son changed when it comes to finances and how you want to support him?[30:36] What was the missing link when it came to savings?Tune in to this episode of Money Files as Lisa and I discuss her journey to financial freedom. Get full show notes and the episode transcript: https://wealthovernow.com/how-lisa-paid-off-15000k-in-debt-and-built-7000k-in-savings-in-one-year/Links mentioned in this episode… Set up a call | Financial Coach Washington, DC | Wealth Over NowDownload my FREE spending plan
Transcribe →225 | What's Really Underneath Your Money Patterns — A Conversation With Two Therapists
Apr 2800:39:08Tap to summarizeYou've told yourself a version of your money story where your credit card balance, your bank statements, and your savings account balance or lack thereof is your fault. The story says if you were more disciplined. If that one thing hadn't happened. If you just knew more about money you’d be further along. You've tried the budget, the app, the fresh start on the first of the month and something still isn't moving the way you want it to.The problem was never your discipline. It was never the math either.In this episode, I'm sitting down with Heidi Vanderwerf and Marjorie Strachman Miller therapists and co-founders of Kennedy Counseling Collective right here in D.C. to talk about what's actually underneath your money patterns. Not the numbers. Not the budget. The emotional story that's been running on autopilot and making every financial decision harder than it needs to be. If you've ever felt like you know exactly what you should be doing with your money and still can't make yourself do it, this conversation is going to name something you've been carrying for a long time.In this episode, you’ll learn…[02:09] How to navigate money problems.[05:06] How to talk to your coach or therapist about money.[10:10] Coaching and therapy as a long-term investment.[13:35] How to find the right therapist and coach for you.[18:26] Overcoming the shame around money conversations.[20:07] How to recognize your own patterns.[26:17] How to destigmatize asking for help.[37:55] The value of human support vs A.I.Tune into this episode of Money Files to learn how to balance your finances and mental health and take back control.Get full show notes and the episode transcript: https://wealthovernow.com/whats-really-underneath-your-money-patterns-a-conversation-with-two-therapists/Links mentioned in this episode:Set up a call | Financial Coach Washington, DC | Wealth Over Now.Download my FREE spending plan.Kennedy Counseling Collective.
Transcribe →224 | The Debt Exit Plan: How to Break the Cycle For Good
Apr 2100:17:53Tap to summarizeYou paid it off. You told yourself this time was different. And then, slowly, the balance crept back up and somehow you're sitting in more debt than when you started.That's not a you problem. That's a pattern problem. And until you can actually see the pattern, no amount of aggressive payoff plans, balance transfers, or personal loans is going to change what keeps happening.In this episode, I'm walking you through what I call the Debt Exit Plan, the framework I use with every single client before we touch one dollar of debt repayment. The Debt Exit Plan isn't about how fast you can pay off debt. It's about understanding what's driving the cycle so this can actually be the last time. I also share what I learned about my own pattern when I was making $90,000 a year and still cycling in and out of $2,000 to $5,000 of credit card debt and what shifted once I could finally see it clearly.In this episode, I’m walking you through...[01:00] Why so many people try to get out of debt and end up in deeper debt[03:10] The difference between the reason you’re in debt and the pattern for why it keeps happening[09:35] Why a list of bills is not a budget and what your income actually needs to be doing[13:05] How to build a debt exit plan that includes saving, spending, and debt payoffTune into this episode of Money Files to discover how to break the debt cycle by addressing the pattern behind your debt, not just the balance.Get full show notes and the episode transcript: https://wealthovernow.com/the-debt-exit-plan-how-to-break-the-cycle-for-good/Links mentioned in this episode…Set up a call | Financial Coach Washington, DC | Wealth Over NowDownload my FREE spending plan
Transcribe →223 | Five Savings Buckets Every Budget Needs — Starting With the One You're Probably Skipping
Apr 1400:15:37Tap to summarizeYou told yourself you'd only touch it in a real emergency. But then the car needed tires, a friend's birthday trip came up, and somehow your savings account is lower than it was three months ago — and you're not even sure where it went.Here's what's actually happening: you've been saving into one bucket and spending from five different parts of your life. In this episode, I'm walking you through the five savings buckets that every budget needs starting with why lumping everything into one account is exactly what's keeping you stuck in that cycle of dipping, rebuilding, and dipping again. I also share what happened when a client came to me with $7,000 saved, $2,000 in credit card debt, and what we did in our very first call to shift how she saw her money.If you have been focusing on building just one savings account but still find yourself dipping into it, this conversation will change how you look at saving money. In this episode you'll learn…[02:00] Why one savings account creates pressure and messy habits[03:01] Why focusing only on an emergency fund causes your plan to break[05:20] What a side-eye fund is and how it changes your perspective[07:45] Why you need more than one place to put your money[09:30] The living fund and how it prepares you for home expenses[12:10] The transportation fund and how it keeps you off the credit card for repairs[15:05] The travel fund and how to plan for trips without the guilt[17:40] The celebration fund and why it matters more than you think[20:10] How separating your money stops the second-guessing and builds a real habitTune into Money Files to learn how to set up your savings to fit your life so you can stop dipping into your accounts and finally feel in control. Get full show notes and the episode transcript: https://wealthovernow.com/five-savings-buckets-every-budget-needs-starting-with-the-one-youre-probably-skipping/Links mentioned in this episode…Set up a call | Financial Coach Washington, DC | Wealth Over NowDownload my FREE spending plan
Transcribe →144 | Understanding Debt: How Awareness Breaks the Debt Cycle
Oct 8, 2024Tap to summarizeAs we approach the end of the year, it is time to start thinking about your relationship with debt. If you've paid off debt only to fall back into it, feel ashamed about your financial situation, or are ready to break free from the debt cycle, this episode is for you. Today, I'm focusing on building personal debt awareness. This episode isn't about creating a debt payoff plan or managing your finances; it's about uncovering your unique debt story to understand how and why you're in debt. I'll guide you through a three-step framework that begins by challenging common beliefs about debt and exposing ways we justify accumulating debt. Then, I'll provide a series of questions to help you explore your feelings about debt and ultimately make peace with it. Your financial journey is about understanding your relationship with money. So take a moment to reflect on your debt, embrace your story, and learn how debt awareness leads to a healthier financial future. Learn how to build personal debt awareness by following these steps… [01:15] Justifying debt: common beliefs that keep you in a debt cycle [03:12] Understanding your debt story [06:30] Recognizing how you feel when your debt increases [08:06] Making peace with your step Tune into this episode of Money Files to understand your relationship with debt and how awareness can help get you out of a debt cycle. Get full show notes and the episode transcript: https://wealthovernow.com/understanding-debt-how-awareness-breaks-the-debt-cycle/ Links mentioned in this episode… Set up a call | Financial Coach Washington, DC | Wealth Over Now Download my FREE spending plan
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