Episode 20 is a different type of episode. We felt like 20 episodes (if you don't count the Christmas and New Year specials) was a milestone episode so we decided to talk about land and the importance of land when it comes to building generational wealth.
How To Process And Release Financial Fear
A lot of times when I was struggling financially, I'd give up my personal power in the present moment because I was so busy running away from my feelings about money in the present moment and denying my fear.
I was obsessed with being in a “high vibe” state and being constantly grateful that I denied my present state of being.
I bought into the belief that if I wanted to change my finances, I had to constantly monitor my thoughts and think of positive things, I couldn’t think or debt, as soon as I thought about my debt, I had to quickly change my thoughts and focus on income and making more money.
The crazy thing was that the thought of having money and making more money, freaked me out because of my deep money trauma.
When I did get tired of constantly having to be positive and having to visualize great success, I’d give myself permission to focus on my debt so I could develop a debt repayment plan.
But focusing on my debt would get me thinking about all the bad things that could happen in the future and would leave me frozen with fear.
I'd think – A month from now, I'm not going to be able to eat or pay rent because I don't have enough time to make this much money.
Lessons from being involved in 600 property transactions
Our guest in episode 19, is Andrew Walker, co-founder of the South African Property Investors Network (SAPIN).
Andrew is a property investor and coach and is passionate about educating people about real estate. In this podcast he takes us through his property journey and the amazing benefits of SAPIN.
How Financial Trauma Affects Our Finances
At least 80% of my financial life and my relationship with money has been influenced by events in my teen years.
When I was 13, my mom’s fancy car (she had 2 cars) got repossessed because she had an outstanding bill of R2000/ US$150 that she couldn’t pay.
She was only left with 1 installment and she couldn’t pay it.
This was the first time I realized that my mother was running out of money.
It was also the first time I became aware that money could run out and that felt strange to me.
My mom had spent most of her life making sure that we never wanted for anything, so up until this point, I didn’t know that a person could run out of money.
The trauma of watching my mom lose her car has stayed with me and has influenced the way I buy cars.
I’ve owned several cars in several different countries and have always bought all my cars cash.
I paid cash for all my cars, even when I was drowning in debt.
It’s never crossed my mind to buy a car any other way, in fact, the thought of having a car installment sends me into a state of panic.
Real estate investment trends in Zambia
In episode 18, we interview Inutu Zaloumis-Kalumba our first Zambian guest in the show.
She is the co-founder and Managing Director of Pam Golding Properties, Zambia.
Why Healing Financial Trauma Is The Key To Manifesting Your Financial Vision
Ray Dalio once said: “By and large, life will give you what you deserve and it doesn’t give a damn what you like. So it’s your responsibility to connect what you want with what you need to do to get it, and then do those things.”
I think this quote is onto something but life doesn’t give you what you deserve, it gives you what you think you deserve.
This is important to understand – you deserve everything life has to offer. That’s a fact. We all do.
The problem is we don’t believe this and we have created so many stories about what we need to do or be to deserve the things we want or have.
And nowhere is this apparent then with money and when we’re working on manifesting our financial vision.