Podcast Summary: This Is Woman's Work with Nicole Kalil
Episode: The Power of Enough with Elizabeth Husserl | 299
Release Date: April 14, 2025

Introduction and Episode Overview

In episode 299 of This Is Woman's Work, host Nicole Kalil engages in a profound conversation with Elizabeth Husserl, a registered investment advisor and co-founder of Penn Peak 360 Wealth Management. The episode, titled "The Power of Enough," delves into redefining financial well-being by exploring what it truly means to feel "enough" in our financial lives. Together, Nicole and Elizabeth challenge the conventional pursuit of more money, advocating instead for a holistic approach to wealth that encompasses both financial and non-financial aspects of life.

Defining "Enough" in Financial Terms

Timestamp: [01:24]

Nicole Kalil opens the discussion by addressing a universal struggle many women face: the constant questioning of whether they are "enough." She ties this internal conflict to financial behaviors, highlighting how the elusive concept of "enough" often drives us to chase more—whether it's more money, possessions, or status. Nicole emphasizes that the true power lies not in the relentless pursuit of more but in recognizing and embracing what is already sufficient.

"What if true financial security isn't about hitting some magic number, but about redefining your relationship with money altogether?" — Nicole Kalil [01:24]

Distinguishing Money and Wealth

Timestamp: [05:14] - [07:48]

Elizabeth Husserl responds by differentiating between money and wealth. She explains that while money is a tool for managing resources, wealth encompasses a broader sense of well-being that includes emotional and psychological fulfillment. Elizabeth underscores that conflating money with wealth can lead to an unfulfilling accumulation of resources that doesn't truly satisfy our deeper needs.

"Wealth is a state of well-being. It's a state." — Elizabeth Husserl [05:14]

The Abundance-Scarcity Cycle

Timestamp: [14:46] - [18:29]

The conversation transitions to the prevalent abundance-scarcity cycle that traps many in a perpetual loop of wanting more. Elizabeth introduces the concept of integrating this cycle within a broader framework that includes human needs such as health, community, and purpose. By expanding our understanding of wealth to include these dimensions, we can break free from the narrow focus on financial accumulation.

"If you have resources that you can actually start to bring to satisfying these other human needs, then I'm not striving for more money for the sake of more money." — Elizabeth Husserl [18:29]

Elizabeth's Book and Wealth Mandala

Timestamp: [20:17] - [23:57]

Elizabeth shares insights from her book, The Power of Enough: Finding Joy in Your Relationship to Money, where she introduces the "wealth mandala." This tool helps individuals assess their sense of wealth across various life dimensions beyond finances. By identifying areas where they feel lacking—such as leisure, connection, or purpose—listeners can create more balanced and fulfilling wealth strategies.

"Most of the times, Nicole, it's not in their financial stability because we've created a plan. Most of the times they come back, they're like, 'I'm lacking in leisure,' or 'I'm lacking in touch.'" — Elizabeth Husserl [22:00]

Practical Advice for Listeners

Timestamp: [25:10] - [28:22]

Elizabeth offers actionable advice for listeners to cultivate a healthier relationship with money. She recommends starting a "30-day satiation journal," where individuals record three things each day that genuinely satisfy them. This practice helps identify authentic sources of fulfillment, enabling listeners to make intentional changes that align their financial behavior with their personal values and needs.

"Start a 30-day satiation journal. Write down three things that satisfied you, that truly satisfied you." — Elizabeth Husserl [25:10]

Nicole echoes the importance of this exercise, noting that it helps break the habit of seeking temporary gratification through purchases dictated by external advertisements.

Addressing Myths About Money

Timestamp: [32:48] - [34:57]

As the episode nears its conclusion, Nicole and Elizabeth tackle common myths that hinder women from achieving financial empowerment. Elizabeth dispels the notion that "money is evil," emphasizing that money itself is a neutral tool whose impact depends on how it is used. She also addresses the fear of taking financial risks, encouraging women to embrace calculated risks to grow their wealth responsibly.

"Money is neutral. It’s not good nor bad. We see people cause harm with money, that is 100% correct. But money is neutral." — Elizabeth Husserl [33:16]

Nicole reinforces this perspective, advocating for more women to gain control over their finances to effect positive change.

Conclusion and Key Takeaways

Timestamp: [35:52] - [End]

In her closing remarks, Nicole Kalil summarizes the episode's core message: recognizing that "enough" is not a distant goal but a conscious mindset choice. By shifting away from measuring success solely through financial metrics and embracing a broader definition of wealth, women can reclaim their power and achieve true freedom and satisfaction.

"Enough isn't just a finish line you cross. It's a decision. You make a mindset shift, a choice to stop chasing more and start recognizing the freedom that comes with knowing that you already have enough." — Nicole Kalil [35:52]

Elizabeth encourages continual exploration and dialogue about money, urging listeners to redefine their wealth narratives in ways that resonate personally and authentically.

Notable Quotes with Timestamps

• "What if the real power isn't in more? It's in enough." — Nicole Kalil [01:24]
• "Wealth is a state of well-being. It's a state." — Elizabeth Husserl [05:14]
• "If you have resources that you can actually start to bring to satisfying these other human needs, then I'm not striving for more money for the sake of more money." — Elizabeth Husserl [18:29]
• "Start a 30-day satiation journal. Write down three things that satisfied you, that truly satisfied you." — Elizabeth Husserl [25:10]
• "Money is neutral. It’s not good nor bad." — Elizabeth Husserl [33:16]
• "Enough isn't just a finish line you cross. It's a decision." — Nicole Kalil [35:52]

Final Thoughts

This Is Woman's Work with Nicole Kalil offers listeners a transformative perspective on wealth and financial well-being. By featuring Elizabeth Husserl's expertise and experiences, the episode empowers women to redefine their relationship with money, prioritize genuine satisfaction, and cultivate a balanced sense of enough. This conversation serves as a valuable guide for anyone seeking to move beyond the confines of traditional financial success and embrace a more holistic, fulfilling approach to wealth.

For more insights and resources, visit nicolekalil.com and Elizabeth Husserl's website at ElizabethHusserl.com.