How to Rewire Your Brain for Wealth
Why You've Got to Listen to This Episode...
In this episode, I’m talking with financial therapist and best-selling author, Barbara Huson. Her latest book, Rewire for Wealth breaks downs the neuroscience of money so you can take charge of your finances. We’re talking about chasing sacred success, how to practice rewiring your brain, and how you can teach your kids about money without injecting fear.
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Key Takeaways to Help You Rewire Your Brain for Wealth
As always, we’ve rounded up our top three takeaways to summarize what we believe are the core points to remember from Barbara.
1 - Practice Recognizing and Reframing When Limiting Money Beliefs Come Up
Barbara mentioned that rewiring happens in the moment, not in reflection after the fact. This doesn’t mean that reflection isn’t important. Or that coming back to our money habits and our money mindset isn’t a crucial part of the process – because it is.
But these moments reflection are the moments when you can start to see what came up throughout your day. That way you can catch it next time in the moment, and you get more aware of what is happening. You can also learn to create more space – maybe have a practice of taking a 15 second pause before you make a purchase or of not multitasking as you pay the bills or have a money meeting.
The more we can become aware of our financial thoughts, the more we can figure out what serves us and what doesn’t and start the process of reframing. This is a habit and a new skill, and it’s going to take time. But each opportunity you have to reframe is going to make it easier to do it the next time and really start that process of rewiring.
2 - When Something is Not True for Someone, It Is Very Hard for Them to Hear
Barbara’s family doesn’t talk about her career and her work. And as we talked in the episode, that makes me a little bit sad. She has done so many incredible things for women across the world in her career. I just wish she had that validation from her family. I’m glad she’s come to terms with that in her own life.
But for us, there’s a huge learning experience here. We can’t force our spouse, our friends, our family to change before they’re ready. If their mindset or their belief system doesn’t allow them to let in the abundance that you are building in your own life, you can’t force them to. What we can do is focus on ourselves, focus on our own change, rewire our own money beliefs, and find our own version of success.
Often what we see with families is that as one spouse starts to save more and starts to feel more confident, the other spouse asks, “What’s going on? How did you do that?” It gives you an opportunity to pull them into the conversation because you’re leading by example.
But if you can’t get your spouse or your friends to have the conversations that you wish you could have, don’t let that stop you from doing your own money mindset work. Because you still deserve everything you’re dreaming up. You can tap into that abundance that you need and that abundance is something you can pass on to your your kids. We can hope that our family and friends get on board at some point, but focus on yourself first.
3 - Never Doubt the Power of Community
Women have been programmed to believe that we’re meant to raise the babies and keep the home while the men hunt and gather and provide. Has that changed a little bit over the last few generations? Sure. But that root belief is still there.
And so we need to ask ourselves: Does that fit our lives? Does that fit what we truly want?
You need to make space for moments to recognize and reframe those thoughts, not just about money, but about all the things we do in our day – all the things we feel like we’re supposed to do.
Willpower and intention aren’t enough. You have to learn to actively rewire your brain.
It’s why we talk so much about money mindset within the Motivated Mama Society, because that is the foundation of change. It starts with taking small action in the direction of your goal. You have to believe that the end result is possible. You have to believe you are worthy of that wealth before you can start taking those steps.
Mindset is crucially important. Start paying attention to the little beliefs that come up. Start practicing reframing.
Links & Resources Mentioned
Connect with Barbara
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