Episode #

102

The Why Behind Your Relationship with Money

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Show Notes

Your relationship with money includes the beliefs and habits that shape how you spend, save, and give. In this episode of The Live Out Loud Show, Brooke Thomas and Rachel Cruze discuss childhood influences, different money tendencies, and how understanding your habits can help you make more intentional financial decisions.

Episode 102 of The Live Out Loud Show. Hosted by Brooke Thomas, featuring Rachel Cruze, author of Know Yourself, Know Your Money. Originally published December 17, 2020.

Question Highlights

  • What inspired you to write Know Yourself, Know Your Money?
  • Can you explain what the different types of money classrooms are and how they impact us?
  • How does an understanding of the money classrooms help us create a sound financial future?
  • You say there are seven major money tendencies. Can you give a few examples and explain why they matter?
  • How do you suggest couples handle it when they’re wired differently around money?
  • How do we change our mindset around money from scarcity to abundance?
  • What advice do you have for someone who has trouble saving money?
  • What is your honest take on tithing? When would you recommend giving beyond that?
  • What is the best money advice you ever got from your dad, personal finance icon Dave Ramsey?

In this episode, you will learn about…

  • Understanding WHY you handle money the way you do
  • How our childhood experience influences the way we approach personal finance
  • Rachel’s challenge to parents to talk about money, even when it’s awkward and difficult
  • How naming your partner’s money tendencies gives you a level of empathy and appreciation for where they’re coming from
  • The relationship between dreaming and our ability to save money
  • Rachel’s insight on making budgeting a priority
  • How Rachel’s faith informs the way she thinks about giving and why she sees it as a very serious responsibility
  • Why it’s okay to have nice stuff as long as you don’t let your nice stuff have you

Connect with Rachel Cruze

Rachel’s Website

Rachel on Facebook

Rachel on Instagram

Episode Resources

Know Yourself, Know Your Money by Rachel Cruze

Dave Ramsey

Christine Caine on The Live Out Loud Show EP038

Esther 4:14

Habakkuk 2:2-3

Is Your Money Mindset Holding You Back?

The Money Mindset to Build Wealth

Dive Deeper

How does childhood shape your relationship with money?

Childhood experiences influence the way we approach personal finance. In this episode, Rachel Cruze discusses those early influences and the value of understanding why you handle money the way you do.

How can couples handle different money habits?

Different money tendencies can be easier to understand when you can name them. Rachel explains how recognizing a partner’s tendencies can build empathy and appreciation for their perspective.

What can help when you struggle to save money?

Rachel connects the ability to save with having something to dream about and work toward. The conversation also covers making budgeting a priority, rather than stopping at knowing what you should do.

Resources

Building at a high level but craving deeper alignment?

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Apply at brookethomas.com/mastermind

Find Your People. Build With Purpose.

Activate Your Impact is where faith-driven women stop building alone and start building together. Access monthly teaching, live coaching, and a network of women who are moving in the same direction you are. This is what keeps you plugged in, growing, and activated between the big moments.

Join today at brookethomas.com/activate

Activate Your Impact!

There’s a version of you God is waiting to activate. This book will show you how to step boldly into your calling with unshakable faith and build a life and business that honors Him. 

Get your copy and special bonuses at brookethomas.com/book

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The Why Behind Your Relationship with Money

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