Hey, it's your friend Mel and welcome to the Mel Robbins podcast Are you afraid you'll never have enough money Or worried that you'll never be able to buy a house or send your kids to college Or maybe deep down.
You're afraid that no matter how hard you work You'll never get ahead Or just staring at your bank account make you panic Well, I know that fear because I've lived with it for a large part of my life From maxing out credit cards in my 20s to spending my money on just the dumbest things to worrying that I
would never Be able to afford a house and then when I finally did I almost lost it For years I had no idea how to get out of debt or how to get out of this spiral and fear around money Working myself to exhaustion multiple jobs feeling like I would never ever ever Climb out of the hole that I was in if the fear
of money is suffocating you you're not alone And if I can figure this out so can you I have changed my relationship with money and today best -selling author and leading financial expert Farnoosh Karabi is here to teach you how to face your fears and unlock the financial freedom that you deserve This episode
is your lifeline and guide to a completely different relationship with money Whether you're struggling with that or starting to build a little savings or you're already on the path to financial freedom This is a conversation about money that you and everyone that you love needs to hear I Hate smell
I am so excited that you're here It is always such an honor to spend time with you and to be together and if you're brand new welcome to the Mel Robbins podcast family and Thank you for choosing to listen to this podcast episode about money And you know what that tells me it tells me that you're the type
of person that not only values money But you value your time and you're interested in learning about ways that you can improve your life I just love that and I'm so excited that you're here today because you and I are gonna dive into something that so many of Us struggle with but we don't talk about and that's
financial fear Now I know firsthand What it feels like to be afraid when it comes to money I know what it looks like to look at your bank account and not know how the heck you're gonna make it to the next month I know that gut wrenching anxiety when you Go to check your bank balance and you just hope
that it won't be in the red You may not know this about me, but there were days when my husband Chris and I were so Terrified that we wouldn't be able to pay the bills or worse that we were gonna lose everything Just over a decade ago.
We were on the brink of complete financial ruin I was 41 years old I still remember sitting at the kitchen table Staring at the pile of bills that have been sitting there for weeks wondering how the heck are we gonna pay these things?
We don't have any money in the bank.
I mean at one point my husband and I were $800 ,000 in debt.
Yep, you heard that right?
$800 ,000 now, I don't know about you But when I thought about my life plan or I made a vision board I never pasted up an image that said bankruptcy $800 ,000 in debt.
That's not exactly how I thought my life was going to turn out But what ended up happening is that my husband had gone into the restaurant business and the first location was pretty successful So like complete idiots we poured our entire life savings home equity line maxed out credit cards into it and boom
The business started to fail and we were drowning in debt with no way out of sight it felt like no matter how hard we tried we Couldn't dig out of the hole that we had put ourselves in and that fear the fear of losing everything became my constant companion Now if you've ever had that fear You know
how crushing it is to not know how you're gonna pay your bills And I want you to know something.
You're not alone That fear has shaped how I approach money today And if you're in that place you can learn how to tap into that fear and change how you relate to money, too I mean just talking about it.
I can still feel the pit in my stomach There was a time where I felt completely powerless over our finances.
I mean the debt was so freakin big It felt like it felt impossible to get in front of it I felt like I had lost control of my choices my future my family's well -being and even after we started slowly Holy cow, it was painstaking.
I'm not gonna lie to you.
It wasn't glamorous.
It was grueling to try to chip away at the debt Even as we did that Financial failure it loomed over us for years, you know, I think as a parent the biggest fear that you have is failing your kids Especially when it comes to providing for them I mean there is a time when I couldn't even figure out how
we gonna get groceries on the table this week How are we gonna pay for you to stay in town soccer?
I mean let alone start putting money away, you know into their college funds I mean that's kind of the funny thing about financial advice right when you can barely make the ends meet How the hell are you gonna put things away for the future?
The idea of not being able to give my kids what they needed Paralyzing and the guilt and the shame that my husband and I felt I mean it was just consuming It makes you question your worth as a mother as a provider as a human being as parent And so let me be real with you There is shame around money
and For years. I was embarrassed to talk about our financial situation.
I didn't want anyone to know how bad it was But here's the truth.
I have learned over the last 14 years That financial fear is universal and it doesn't have to control your life.
It doesn't have to drive your decisions In fact if you learn how to face it head -on If you lean into that fear and you unpack where is this coming from you can flip it from something that paralyzes you into this force that Motivates you to do what you need to do to figure things out and you are more
than capable of that And that's what we're gonna do today We're gonna talk directly about where your fear around money is coming from and that fear is there I don't care how successful or how in debt you are Everybody has a fear around money and in order to help us tackle this I've called in Farnoosh
Tarabi Who's one of the most trusted voices in personal finance to help us dive even deeper into this topic?
She spent over two decades guiding people through their financial fears helping them not only confront the anxiety around money But use it.
That's the cool part We're gonna use it as fuel to create the financial future you deserve now Farnoosh is gonna help you unpack why so many of us especially women feel guilty or afraid about being financially ambitious and More importantly she's gonna show you how to start taking control of your money
whether you have any or not Your mindset and your future and by the end of this episode.
I promise you you'll see your financial fear in an entirely new light Because you're gonna know how to leverage it Farnoosh Tarabi.
I'm so excited that you're here.
I cannot wait to talk about fear of money with you Thank you so much Mal.
Well, this is an extremely timely and important topic Because there's uncertainty all around us and There's also opportunity But what I'm present to at least with people in my life is a lot of fear around money fear that I'm Never gonna make enough fear that I'll never be able to afford the kind of neighborhood
that I grew up in even though it wasn't the world's fanciest neighborhood fear that I'm never gonna be successful fear that I'm Gonna run out of money fear that I'll never make enough fear that I'll never get out of debt fear that I won't have enough retirement savings Fear that something bad is gonna happen
and I'm gonna lose it all fear that I'm gonna make the wrong Investment in the stock market and that's gonna be a dumb pick Fear that I missed out on buying Amazon way back when and now it's that NVIDIA AI stock that I missed out on Gosh fear that I don't understand what's happening fear that I've spent
too much fear that I'm an idiot like it's just nothing But fear and so I'm not only excited for you to unpack fear But to normalize that this is a very common experience and that there are specific things that you can do To take control and understand these fears and actually address them Yeah, I've
been a financial advisor for 20 years and people like what you're writing about about fear Yes Because it is the emotional underpinning of so many of our financial questions when people come to me and they say should I buy?
A house should I get married divorce have kids take the job quit the job start the business file for bankruptcy There is advice there to be given that is tactical But to really get to the root of the solution you have to go deeper and usually address the fear I want to first start by saying that fear
can be a tool in your life Why why are we all wrapped up in this idea of being fearless?
I? Am a daughter of immigrants.
I am a daughter of the 1980s in Worcester, Massachusetts I grew up terrified and I say you know things worked out And it wasn't because I abandoned fear It was because I got to a point in my 20s when I was trying to be fearless And I would get into a lot of dead ends and I would make a mess of things But
I said you know what this fear is not going away I am just I am just that person that has this fervor all the time And I thought let me like look at it and try to understand what it's trying to tell me Perhaps fear is here with a message.
Can we start by having you just?
Talk to the person listening and tell them what they could experience in their life That's different if they take everything to heart that you're about to teach us today Imagine a world where you can make your own financial choices for yourself by yourself.
You have autonomy you have agency You can choose for yourself choose to stay in a job not stay in a job stay in a marriage not stay in a marriage Start a business not do it and I'm not saying those things are easy but with money and with financial independence comes so much confidence you can sleep
better at night and You know the world's a scary place sometimes it with money helps When you experience fear in your financial life, which for me sometimes is a lot of the time I think that if you are able to apply some of these learnings You will not experience fear as paralysis.
You will experience it as opportunity to know that when fear arrives in your financial life, it doesn't want to Create stasis or keep you stuck.
It wants you to find a solution to help you To engage with your fear is to engage with your values to engage with what's important to you and what you want to protect And you have to be clear on these things before you make any financial decision So when you're good with fear, you can be good with money.
So I take it. It's normal to be afraid of money.
I'm Yes, I mean money is a limited resource Okay money inherently creates scarcity in our minds and that is terrifying because you make a financial decision You can't rewind and now you're with less money than when you started potentially There is risk inherent to making certain financial decisions
and money is personal So when we make a financial choice or decision or we think about something financially related We can't help but make it really personal and think about well What does it say about me if I do this thing?
How is it gonna reflect on me all the list of fears that you mentioned make a hundred percent sense to me Because as humans we want to protect our resources, right and money I mean talk about an important resource.
Well and a lot of times I didn't have it So I was also afraid of never having that resource.
How do you want? Someone to think about money What is money?
Hmm? It's a tool It is an important tool.
It's a tool. That's going to give you access It's going to help you create a bridge in your life when you need it most I got into this space as a financial author as a journalist Not because I had all the credentials Because when I was young I saw my parents argue about money constantly I saw how it
was weaponized Listen money can be a tool for good and it can be a tool for evil for bad and In my parents marriage I saw as a result of my father being the breadwinner and the fact that he was a man and he Associated his manhood with financial dominance My mother also had her own issues in terms of not speaking
the language So she wasn't able to work right away in America as immigrants They came from Iran and I watched them fight around money and on the one hand I was grateful I grew up in a household where we did talk about money freely as Middle Easterners that culturally it's not as taboo But often the topics
around money were were discussed with I say with fists banging on kitchen tables It was a lot of crying.
It was a lot of silent treatment news and I quickly saw I mean, this was it This is my origin story I saw how as especially as a woman if you don't have access to your own money and feel empowered around your finances Then someone will make the decisions for you and they're not always decisions that you
want They're not always in your best interest.
So money you need it.
It's not a nice to have Everybody needs money particularly women.
We don't think that it's our domain Because we've been told it's not it's he'll take care of it You know, I've been to restaurants where they give me a menu and my menu doesn't have any prices on it This is not in America.
By the way This is a when my husband I went on a trip to the Caribbean and I and I go What's going as a prefix?
Like did we miss the sign in the front?
This is gonna be like a you know, and the waitress will say no No madam.
You should not have to worry about such things and I said it it like it can't escape me This follows me everywhere and I make more in my relationship So I had to have a good laugh about that because it's like really I don't have to worry about money.
It's all I do. I Think that this is important for women to Believe that it is not just a nice to have that being financially independent is your right I'm really glad that you're saying that and here's why I Look at money like a tool, but I believe money is power.
Mm -hmm and I say that knowing it's very loaded word and the reason why I say it's power is because when you have your own money and you are able to make your own money and you're able to choose what you do with your money without feeling a Consequence or that you're gonna get in trouble or that you
got to hide the packages you have power you have power over yourself you have power over your decisions and the other reason why is the word power is because I think about The way in which society has glamorized success and glamorized money and certainly Makes all of us believe that when you have more
money you have power and in our lived experiences We know when we see people that have a lot of money that they do have access to things that maybe you don't have access To because they can afford it.
But I think a lot about that moment when you're at a restaurant and the bill comes and Who's going to pay?
Mm -hmm and the person that reaches forward and grabs it If that happens versus we're gonna split the bill, but even the ability to split the bill is Power.
Yes, I agree with you money is power the complexity arrives when you're in a relationship and you think that my power means I have power over you as a power as opposed to I have power to Heal to support, you know, there's a difference.
There's a difference in how you wield that power and I want every woman to have power and to use money as a tool for power and Men too, but when you're in the context of a relationship, it's about how to Sort of dance with money, you know and not be Sizing each other up based on what you earn this happens
all the time Mm -hmm.
Imagine a world where you can roam freely and choose for yourself by yourself You can afford yourself options You can say you know what?
This doesn't suit me anymore and I can leave and I know there are some risks and I know there's uncertainty down the road But I have money.
I have not just money but I have financial autonomy This is what being truly wealthy is it's being able to Understand that the world is a scary place.
Yes money does not solve all of the problems, but money does give us a runway It gives us resources It gives us confidence sometimes to believe we can do something and arrive on the other side safe and as women in this world I know this Personally, I've seen it.
I've witnessed it. I've experienced it money Helps having your own money Someone else's money is not your money Your parents money is not your money your partner's money to an extent you share in that But do you have your own bank account?
Do you have your own credit card?
Do you have your own source of income potentially?
I think that if you are willing to prioritize your financial well -being And say that not only do I need this but I deserve this it is my birthright your world opens up Who doesn't want options?
Furnish I just love The way that you talk about money and I know that we're only just scratching the surface There's so much more that we're going to be covering but I need to take a quick pause so we can hear a word from Our amazing sponsors as you're listening to our sponsors share this with someone
in your life who needs to hear it Which is basically all the people that you love and don't go anywhere because we're gonna be waiting for you after a short break And you're gonna love where this conversation is going next.
Stay with us You Welcome back It's your friend Mel Robbins and today you and I are digging deep into the topic of money with Financial expert Farnoosh Turabi, so Farnoosh.
What are the top five fears that people have about money just five So I would say that the biggest fear is the fear of not having enough which has real There's a realness to that and you look outside things are expensive And so there could be a real actual legitimate reason for that fear Then there's
the fear of even if you have enough losing it all right?
You're just one job loss away from losing your house.
You're one bad investment away from not being able to retire there is a fear of wanting too much and this affects a lot of women the Admitting of I want to be rich.
I want to be financially successful That's a scary thing to come to terms with out loud in front of others because you're worried about what that might Say about you and your priorities The expectation is not that you're gonna be that woman right the expectation is maybe that you're gonna prioritize
Caregiving you're gonna prioritize your family.
You're gonna prioritize other things not money So we fear we fear that we fear as parents sometimes and caregivers raising our kids in such a way where the cycles get repeated or maybe we grew up with a fear of scarcity and now we're Bestowing that on our children or on the other end giving them too
much and then they don't appreciate it So again, it's it's sort of what we all have which is that lack of financial literacy I think it's like 60 % of Americans didn't speak a word of money growing up and as adults that Becomes a fear of its own that not only you're not going to have the sort of fluency
and confidence around money But that your kids who are watching you are also not going to be able to be strong in that department and then I think for those who are perhaps the boomers my parents this fear of Dying without a real financial legacy You know it's that's important culturally to Americans
is to be able to die with the will to pass on some assets to the next generation and Again, I think part of it is like this fear of thinking about death and not doing the proper estate planning Exacerbates that so those are the five things and I tried to pick the ones that kind of go through the Generations
there was a recent study that actually found that Gen Millennials Gen Why?
They're the ones who are most afraid of running out of money Wow what's interesting about hearing those five top fears is that if you put it in the context of The issues that money can create with couples and in your relationships that if you are not able to talk about money if you don't feel equal
in your relationship when it comes to money and These fears are lingering underneath the surface I can see how if you're fighting around What are we buying the kids in terms of the sneakers and we're gonna spend this and it becomes these surface level arguments Yeah, one of you might be having a budget
conversation The other one might be having a concern or a fear about kids who grow up spoiled And if you don't understand your own relationship to money and what you value It's gonna keep coming up in all of the conflicts that you have With your partner as you argue around the things that you're buying
or what's happening and I can see how this creates a big divide Oh, yeah I mean That's why I often say before you get into the nitty -gritty of your finances You have to talk about how you grew up with money.
That is a It's so foundational to really understanding your partner And so when you when you see them when you witness them being tight with money or overspending Or not wanting to talk about money and not wanting to have that confrontation.
You don't go what's wrong with you you go Oh my god, I understand where this is coming from.
So let's unpack that, you know, sometimes The exercise I often say is when you're experiencing a financial fear of any sort is to trace it to its root Where did this fear come from is it even my fear it may just be my parents fear from the 1960s from the 1970s latched on to me because yeah growing up
there was scarcity and that was a scary time But that was also a time when I was 9 and I didn't have agency and I didn't have control over what Was happening with the money and so my parents fears became my fears I inherited that and I never let go of it and maybe even just maybe that helped me for a while
as I got older Having that fear of losing money made me a super saver But now I still have this anxiety that I'm gonna lose it all but I have savings.
I haven't a job I And yet so this is when the fear is no longer serving you and you need to kind of go down memory lane Find its source and make the adult decision that This ends here this ends with me right now And I'm gonna rest this fear I'm gonna thank it maybe for how far it's taken me, but now
it's not serving me Looking at the facts of your life that you do have I mean I remember this woman for this woman wrote to me She said far news.
I'm in my 50s a single mom.
I've helped my boys get through college I grew up in scarcity and poverty and It it actually that fear led me to be very financially in charge of my life I started a business I bought my house I single -handedly raised my boys and I just fear like I'm gonna lose it.
I'm gonna lose I'm a one bad decision away I don't trust that this is going to endure and so what I said to her was first let's like let's trace this wave Everything I just told you.
This is your mother's fear.
This isn't you and this is this is real I mean not to say that this is a fabrication.
It happened you were once this young girl experiencing lack Now is that true, you know look at look at everything that you have take inventory of your life You have done amazing things with your money You have not exhibited a pattern of making bad decisions with your money and so Sometimes you need
that wake -up call you need someone else to tell you here are all the things that you've done or you need to Take a really honest look at all of your accomplishments I say is taking inventory of all of your accomplishments and all of your assets that no one can take away from you like yeah maybe the market
will tumble and you have no control over that and your investments do dip and that may mean that you don't be able to Retire you know at 65 as you were planning But does that mean you've lost it all and you'll never regain it because you are who you are at the end of the day you've gotten to where you
are for a reason and That is not something that can be taken away from you When people get laid off and they're afraid of never getting a job again.
I say okay that That's scary.
You don't have a title.
You don't have an income You source a lot of your sense of self -worth and identity from that job.
It's gone now. You're worried about uncertainty But here's the thing when you fear financial uncertainty, which is what that is What does your body want?
You know, it wants certainty ice cream.
It wants ice cream I know first I look at listen acres as a woman who has been laid off twice the first time it happened a lot of Virginia Jones diary a lot of Chinese dumplings and you should allow yourself a pity party like that is to be allowed but I Say, you know, you lost the job you lost the income,
but what did you not lose?
What are the things that you are still taking with you?
And that is your experience your network Your accomplishments even the failures are assets, you know You learned a lot and that is the stuff that you're gonna be able to take into your next into your next move So we lose sight we think that our accomplishments our measure of value is just in these sort
of tangible things You know our income our title our job But it's also in the life that we have lived all of these experiences and the people and the network and the health that we have this is all these are all assets and so when you're in that Terrifying moment of feeling lost and life is uncertain The
fear is telling you hold on to what is certain what is certain and I think you will find the courage and the Motivation that you are lacking, you know furnished there are so many people I want to share this conversation with top of my list My daughter's Sawyer and Kendall and so I'm sure there's somebody
that you want to share this with too We're gonna take a short pause so we can hear a word from our amazing sponsors Share this with somebody who you know will benefit from this conversation And since we all have a relationship with money That means everybody and don't go anywhere because we got more
to cover with the amazing Farnoosh Torabi and your relationship with money when we return stay with me Welcome back.
It's your friend Mel Robbins and today you and I are learning from leading financial expert Farnoosh Torabi, so for noosh What about the person who's afraid they are never gonna buy a house?
This is a good one because my gosh What is more American pie?
What is more American dream than buying a house, right?
And I would say to that person let's first Unpack why you're afraid you'll never be a homeowner What is it about?
Are you worried that you're not going to expensive?
Well, yes, but more than that that if you don't buy the house, you won't be wealthy You won't build wealth you won't have security for your family You won't be able to be considered a financial adult because we associate so many of those things With the act of a home purchase in our culture So I think
that also the there is also a fear of like if I don't do this Grand thing with my money if I don't buy a home Am I really?
Financially mature am I really going to be doing the right things with my money rent?
Oh, I've just heard that that's money down the drain.
So I would look at that I would examine that and go why why do you think this who told you this?
We grew up a lot of us with that sentiment, you know, it's making me realize that underneath every financial fear I'm afraid I won't be able to pay for my kids college is a deeper value and I would imagine that it makes you feel like maybe I'm not a good parent or maybe that's what I believe a Parent
should do what about the fear?
I won't be able to retire That's a real fear that's a real fear because The cost of living there's so many unknowns in retirement the cost of health care and we're living longer So we need more money to support us in retirement So if that is your fear, then I want you to imagine go to the dark place.
You're 75 years old You still have to work.
You don't want to be working and You're tired and you don't get to see your grandkids.
You don't get to see your friends.
It sounds sucky I don't want to imagine this.
Are you motivated to do something after hearing this?
I hope so. I would this is what I'm trying to condition you to be inspired to do Don't just sit in the what -if go to the place where things have really fallen apart for you because you Are scared now?
But I'm gonna tell you there's a lot scarier things for you waiting for you if you don't do something today And that's so we have to sort of hold fear and balance, you know what you fear today Versus the scary place you might be in five years from now ten years from now because you didn't act Healthily
With this fear you didn't use this fear to motivate you to take some steps that could help you make some progress I totally get it.
You're basically flipping the fear from something that paralyzes you and keeps you feeling insecure to using it to activate This motivation to do something now.
Yes and to look at it now and See that you can figure it out now.
So it's not a fear at all I mean Mel you just that story you gave about The restaurant going out of business and you just you were afraid you and what did you do?
you went out and made a ton of money and you worked and worked and worked and It wasn't sustainable but and it wasn't a ton of money in the beginning.
Let's be honest It was like let's get some groceries on the table.
Well, let's let's make sure the lights don't get turned off How can you stop fearing money?
So I don't really like to talk about how to stop fearing it Okay, you want to reframe is how to have a conversation with your fear?
So we tend to go through life Reacting to fear often in knee -jerk ways.
We freeze we fly and We what's the third one freeze fight fly fight.
I want to offer a fourth option which is figure it out That's my fourth f and by figuring it out I mean Like realizing that maybe fear showed up for a reason and I'm not talking about like fear of heights or fear of you know I'm talking about like when you're at the crossroads of life and you have to
make a financial decision and the stakes are high If you're afraid, there's probably a reason because you're worried about risk.
You're worried about Losing money.
This is not a small thing.
And so in that moment I Offer queries in the book.
Here are things that you can ask yourself that can help you create some Sense of a roadmap for where to go next like fear does not want you to keep you stuck Diane Fosse, she studied apes.
She was a primatologist and she Essentially taught us all that fear has an evolutionary purpose.
It's here to protect us, you know She wandered around with apes in one experiment and realized that inevitably There was always a subset of apes that were always on a periphery they were always like sleeping with one eye open and She wondered what if we remove them from the community and when that happened
the community was obliterated and she realized that in culture in society, there's always there's always sort of like a Border of people who are always like sort of on the fringe We're the we're the I'm the tarsu in Farsi is like the fearful one and I'm proud of that because for me It's how I've protected
myself and as we've evolved as humans You know maybe we're no longer in primitive era but we have evolved and fear has evolved with us to be there for us when we're trying to Make decisions that are more self -aligned that can we can feel like protected doing something that is scary So honor it and how
you honor it We've talked about it already so a little bit is like sort of trace it to its root figure out how it got here What's the story?
fear of Losing money could this have been sourced from when you were younger and you saw your parents go bankrupt You saw your father lose his job or your mother lose her job And now you have carried that fear into your adult life and you don't believe that you can have it any better Sometimes that's
important because it's a wake -up call.
I would also say if you're somebody who's afraid Of losing it all Imagine losing it all like go to the dark place Because what we have found is that the fear of losing money It takes place that fear sort of bubbles up in the same place as like physical pain in the brain Hmm, and what do we want more
than anything when we experience physical pain?
We want a solution We want to we want to fix it So I often say when people are like sort of just living in this cloud of fear like what if what if what if it's like No, let's actually make it really urgent.
Like what if tomorrow you did lose your job?
What if tomorrow you did make a bad investment and it wiped out your savings go there?
Imagine what you would do in that moment.
Who would you call?
What would you stop spending your money on?
Where would you allocate the resources and rather than making it a hypothetical?
This is your roadmap.
This is your plan of action This is what you need to do today.
Oh, I see so in the hypothetical You force yourself to face it and you ask yourself while you're secure right now what I actually do and that proves to you that you Could figure it out.
You could figure it out We often live in this like cloud of fear, you know, I say people often worry about What if and that's normal, you know, what if this happens what if that happens?
But you're not serving yourself when you just are going you're chasing your tail So stop and this may seem really mean to say but like I want you to go to the edge I want you to imagine like what would actually happen if you did if that what if became a what now like it's happening it's happening today
bring it to your doorstep and How would it play out you're not gonna just sit there you're gonna do something you're gonna be you're gonna be mobilized and now You know what you have to do So for the person who's afraid of losing their job It's amazing what happened so many chips fall into place like
I'm gonna go figure out what my state's unemployment insurance is I want to go look at my budget actually because maybe I would have enough to cover me for a couple of months while I'm Getting back on my feet What are your parting words on this topic of fear of money?
It's normal when you fear money You're a human being there is cause for this.
But what if I told you that Fear can be your friend that when fear shows up.
It's an opportunity to listen to it to unpack it When we are able to face our fears I think we're only getting closer to who we really are what we value what we want to protect and what a way to walk through life so if you can Accept that and appreciate that especially in the context of your financial
life fear in your financial life It will make you more motivated and More excited to do The sort of nitty -gritty with your money, which is you know the saving and the investing and all that but now you really have this this desire Because what fear has taught you is that you have a lot to protect you
have a lot to honor in your life It's my offer as so many people have come to me over the years Asking me about how to do this how to do that and I go wait a minute Yes, we're gonna get to how to but let's talk about the fear that you're feeling and why it's there and what it might be educating you
on Amazing. My biggest takeaway is fear is the biggest obstacle all the stuff that you need to do you're capable of You address the fear and you'll actually do what you need to do and address it.
Don't be fearless There's a great book out Caroline Dooner wrote a book and in it.
She said if you if You protest if you are proud of the fact that you are fearless I'm sorry to tell you but you're a psychopath Because what does that mean it means that you're not You're not afraid of risk and consequence.
You're not worried about things backfiring You're just walking through life believing that you're invincible.
I Can't personally I can't afford that.
I need to be constantly thinking about how this is gonna impact my life my kids life And that's that's okay.
I don't want to lose that fear.
I want to be able to Have a relationship with that kind of fear Barnoosh, thank you.
Thank you. Thank you for being here in a Boston studios and helping us with this really important topic and Honestly life -changing skill.
Oh, thank you, Mal.
It's my honor. Thanks for bringing me back to my roots.
This is Kind of near where I'm from.
So I feel like it's such a privilege to be here what I've loved about everything that we've talked about today is the fact that money and your relationship to it is a critical part of your life and You deserve to have a powerful relationship with money and I don't want you to ever Shy away from that.
In fact, I want you to embrace it and in case no one else tells you I wanted to be sure to tell you that I love you and I believe in you and I believe in your ability to change your life and what you learn today Will 100 % help you create a better financial life.
Alrighty. I'll be waiting for you in the next episode I Furnoosh Tarabi Mel Robbins.
Holy cow. You're here.
This is happening. Pinch me.
Okay, great Great. Okay.
Great. Thank you for that Okay, this is Kevin.
You ready for me to read this now or do you need a different file?
Oh, I understand now Okay, I understand that now.
Okay. Gotcha. Gotcha.
Gotcha. Oh my gosh Such a such a pro Wow, you know when I first learned I was gonna be under podcast I was like I'm not a scientist.
I'm not a doctor either.
I I know but you're I was very intimidated by Just knowing the caliber of guests you bring on and I was hoping to you know, arise to the occasion I hope I did.
Well, you did. Thank you.
Thank you. Thank you.
Thank you. Thank you.
Thank you Kevin Thank you team who's listening.
Thank you everybody for hanging with us.
Thank you for showing up Oh And one more thing and no this is not a blooper This is the legal language, you know what the lawyers write and what I need to read to you This podcast is presented solely for educational and entertainment purposes.
I'm just your friend I am NOT a licensed therapist and this podcast is not Intended as a substitute for the advice of a physician professional coach Psychotherapist or other qualified professional got it good.
I'll see you in the next episode Stitcher
