Life by Design, LLC

MONEY MIND$ET:
Uncovering and Eliminating the Blocks
to Making and Keeping More Money
Lisa Smith
Mindset & Marketing Coach
www.mmmcoach.com
 MONEY MIND$ET:
Change Your Mind to Change Your Bank Account

 WHAT money REALLY is (this may surprise you)

 The DIFFERENCE between how MEN and WOMEN think about money

 WHY you are having problems with money (it doesn’t have to do with
your job, the economy, or anyone else)

 The FIRST THING you MUST work on to CHANGE your relationship

with and experience around money (if you don’t work on this, you will
CONTINUE to have money struggles)
 What Money REALLY Is
(this may surprise you)

$ A medium of exchange that facilitates trade (dict.)

$ A representation of value/worth
$ A way to make “perceived value” tangible & interchangeable
$ymbol
A means to get
what you want
Idea of “security”

$ ≠ Wealth – cannot make self richer by printing more money

 Money is a representation of value/worth

Money is Energy – we trade our life energy

for this representation of its worth

Self Worth  Net Worth

Low self worth = OR Low self worth =

low income/ overcompensation w/
low bank account money, NEED for status
boost with lots of $$
 The DIFFERENCE between how MEN and
WOMEN think about money
According to a combined survey done by Ask Men and Cosmopolitan:
45% of men have a plan for retirement and either are currently saving or will start
saving for retirement soon."
Only 21% of women have any plan, and 45% of women surveyed said they
“have not even thought about retirement."

Men – traditional/cultural role of earner/provider  bring home the bacon

taught about money/encouraged to learn about it; acceptable to discuss

Women – traditional/cultural role of caregiver, facilitator  fry it up in a pan

not taught about money/encouraged to learn about it; discouraged
from discussing
 Money Relationship Assessment
Rate the following issues in regard to how you are with money
0 = Never 1 = Sometimes 2 = Frequently 3 = Most Always

Employees Sales/Biz Owners

____ You worry about money or tell others you don’t have enough money
____ You and your significant other argue a lot about money
____ There are things you really need to replace (car, appliances, home repairs, clothes) but can’t seem
to find the money to do it, so you tolerate them or keep “mending” them over and over
____ You have an “income ceiling” you can’t seem to get past
____ You have a hard time saving money. It always seem to “slip through my fingers”
____ You are too embarrassed or overwhelmed about your money situation to even talk with someone
about helping you change it
____ You have a hard time asking for a raise/negotiating salary
____ You stay in a job you don’t like because you’re afraid you can’t make enough doing
what you love
____ You live paycheck to paycheck (and are even “short” at the end of the month)
____ You have a hard time asking your customers for money/to pay you for your services
____ You attract people to your business who say they want to buy from you but “don’t have
the money”
____ You feel like you need to raise your rates/upsell your products but you’re afraid if you do,
people won’t buy from you or think you’re pushy/greedy
____ You’re hoping you can just win the lottery/get an inheritance/find a man to take care of you
so you don’t have to worry about money anymore
 Money Relationship Assessment Score
0-10 You have a very healthy relationship with money. You likely have no or
few issues with money. Congratulations. Now make sure to protect it
so it can always stay that way.

11-20 You’re not doing too bad with your money relationship. There may be
occasional “spats,” but they usually don’t last long and you are adept
at working them out. Or there may be just a few areas that are more
troublesome to you. There is room for growth for a more satisfying
relationship.

21-30 Money is not your “honey.” Your relationship with money is in the dumps
or like a roller coaster with highs and lows. It feels unpredictable to you
or a constant focus and sense of worry/fear. It’s likely been a pattern with
you for some time. It’s time to establish a healthy relationship.
 WHY you are having problems with money
(hint: it doesn’t have to do with your job,
the economy, or anyone else)

1. Lack of knowledge/training/planning

2. Your Money Setpoints (what is acceptable to spend on

various things)

3. Your Money Thermostat (what acceptable to earn/have)

4. Limiting Money Beliefs (review assessment)

5. In business – how you buy  how you sell

 WHAT you MUST work on to CHANGE
your relationship with and experience around Money

#1 THING to work on (if you don’t work on this, you will CONTINUE to
have money struggles)

Your unconscious programming

Limiting Money Beliefs
• General (e.g., money is hard to come by, rich people are greedy)
• Specific
 Your Money Thermostat (what “acceptable” to earn)
 Your sense of self-worth/value
 Your Money Setpoints (what “acceptable” to spend on
various things; often related to self-value)
 WHAT you MUST work on to CHANGE
your relationship with and experience around Money

#2--Lack of knowledge/training/planning

Financial
Coach, Mary
OR Fisher/
5 Rings
Financial