Paying back $100k of long-term consumer debt in 9 months is something I’m incredibly proud of.
Not just because of the hard work and the strategies it required, but because I had to search deep within myself and completely shift my relationship with money.
See, a few years ago, I was presenting an illusion of success to the world.
I had a high-paying finance job with a major media company and a couple of side hustles… but I was also hiding a huge secret - I was in $100k of consumer debt.
Even though I was earning good money and I could pay my bills, I found myself stuck on a financial rollercoaster where I would make great money and watch it all go out the door.
I hardly saved anything and getting a deposit together for a property seemed like a distant dream.
I also desperately wanted to grow my coaching business and leave my 9 to 5, but I felt like an imposter.
Here I was - a coach and a professional in the finance industry and yet even with the best money...
The first time I felt shame about money was when I was 4 years old, and it happened somewhere totally unexpected.
I used to have a friend at school who got free snacks because her Mum volunteered at the school canteen and we’d often go together and get something tasty. One day, I went without my friend and asked for a strawberry frozen yoghurt (my favourite) and her Mum told me I’d have to start paying for my food.
I hadn’t known, of course, that she’d been paying for those ‘free’ snacks behind the scenes all along. What I did know was that I stood there, 4 years old, suddenly aware that I needed money and deeply humiliated by not having any.
I started looking around at the other kids and comparing myself. The rich kids had money for the canteen and Reebok shoes. Their parents were doctors or lawyers. I wasn’t like them. The shame I felt stopped me from telling my parents about what had happened and though I didn’t realise it at...
It’s been three months in the making and it’s finally here...
I’m so excited to reveal what you’ll hear inside in the first 3 episodes:
Episode 1: The Truth About The Law of Attraction
How to get the LoA to work for you if you aren’t having much luck with it
Episode 2: The Law of Attraction - How It Works
How I’ve personally used the LoA to improve my life and business
Episode 3: How To Start Fixing Your Money Mindset
If you know that working on your mindset is a top priority but you’re not sure HOW to do it, this episode is for you!
Can’t wait to hear more? Check out the Money Mindset with Caroline Labour podcast on Apple Podcasts today.
P.S. Please leave a review on Apple Podcasts and let me know what you think!
Food or exercise? Which do you think matters most when you're trying to get in shape?
Before you answer, let me share a personal story about what I'm celebrating this week... I'm feeling stoked because for the first time in months, I can fit into my skinny jeans!
I don't talk about weight and body image much because people usually roll their eyes when I do. They say things like "you're skinny, you have nothing to worry about" or "what do you know about putting on weight?".
But as any woman knows - and I'm sure a lot of guys do too - body image is such a personal thing. It's not the numbers on the scale that matter, it's how you see yourself.
When you look in the mirror, you don't just see your physical reflection. You see what you already believe about yourself - which is often shaped by your life experiences.
When I was younger, I struggled with my weight a lot. I went from being a super skinny kid to filling out in my early teens and staying chubby for years. It's only after...
The other day I replaced a cartridge in a high-end water purifier.
It was meant to take 5 minutes… but it took me over an hour (and after a couple of tantrums, I finally asked someone to help me!)
Was there something wrong with the filter? Nope.
Did I follow the instructions incorrectly? Not this time (although that has happened before!).
The problem was, I hadn’t used this particular water purifier in several years. This caused the filter cartridge to get over-saturated and it created a tight seal inside the unit. So separating the filter cartridge from the lid required a mammoth effort.
At first I felt annoyed because the advertised '5 minute filter change' had failed by miles. But of course I accepted it was my fault, and because of one thing - neglect.
It's actually a story I see playing out all the time in the mindset space.
Most business owners believe their mindset is fine because they read 'Think And Grow Rich' ten years ago. So they go about spending all their...
Seventeen years in accounting taught me many things. The most important lesson I learned? Money mindset is everything.
Who Gets Promoted?
For the majority of my accounting career, I worked with the chief financial officer (CFO) and a finance team of over 100 people, managing billions of dollars of revenue and expenses for the Australia’s largest media company.
With a finance team that big, the structure looks a bit like a pyramid: you have the CFO at the top, followed by several directors, followed by different levels of managers, followed by many analysts. A structure like this creates the popular circumstance of more employees wanting promotions than there are promotions available.
So what makes some people rise up and get promoted while others stay stuck at the same level for years? What did those of us who got promoted have that the ones left behind didn’t?
The simple answer: A strong money mindset.
My own money mindset...
Do you feel like you have a strong money mindset or could you use a bit of a boost? Improving your money mindset not only helps you to manifest your money goals quickly, it also creates long-lasting results.
The best way to shift your money mindset is through consistent, daily actions. Read on to discover my simple ritual to improve your money energy in record time.
Money Energy is Powerful
Money is a medium of exchange and also a form of energy. We project our personal habits, beliefs, and experiences onto money to create either good or bad results in our life.
Developing a great money mindset means changing your money energy to produce positive and abundant thoughts about your relationship with money and your ability to make the money you want.
When your money energy is strong and positive, your money goals become much more attainable.
To shift your money mindset, you've got to learn how to clear any baggage that you might be...
As an entrepreneur, how you manage your relationship with money in your personal life also determines your success in business. Ultimately, you want to be the master of your money and your mindset.
Your Money Energy
The state of your personal and business finances is a direct reflection of the money energy you carry.
So what exactly is Money Energy?
Your money energy is made up of the thoughts and beliefs you have about money. These thoughts and beliefs trigger specific emotions that get stored in your nervous system.
To put it another way, your money energy is basically how you feel about money - i.e. whether you have mostly positive or negative experiences with money.
Most of the thoughts, beliefs and emotions you have about money were formed many years ago, when you were a young child. And that energy is what determines your relationship with money today.
How To Control Your Money Energy
To have a great relationship with...
If you’ve been watching my videos on money mindset mastery, you already know the importance of neutralizing your money blocks. These 3 simple steps will help you tap into their roots to clear them out fast!
The 2 Major Money Blocks
Money blocks are self-limiting beliefs around money. When left unchecked, they keep you stuck. This happens in one of two ways:
1. Money blocks make you stay poor
For people with this type of money block, saving feels impossible. Somehow money always runs out and you can’t help but spend everything you earn. For some, it means cycling in and out of debt, unable to truly break out. For others, it’s never being able to reach your income goals, regardless of strategies and effort.
2. Money blocks make you feel poor
With this type of money block, you may have money in the bank, but your feelings about money are negative: anxious, fearful, guilty, or ashamed. You find yourself unable to enjoy your objectively...