A scarcity mindset can be difficult to unlearn. Find out how Hannah pushes through generational scarcity to pursue her ambitious goals.
Table of Contents
GUEST BACKGROUND
Hannah describes herself as an ambitious woman and a project manager in everything she does. Now she works as a COO, runs a project management agency, and is working towards her goal of full-time entrepreneurship for herself and financial independence for her husband.
Related Post: How Sara Overcame Financial Traumas To Pursue Her Ambitious Goals
Listen To The Full Episode:
TIMESTAMPS
00:00 Show update
01:54 Introduction
05:10 Hannah’s background with money
08:30 Inheriting the trauma of a scarcity mindset
11:15 Understanding privilege
18:44 Finding the balance between spending and saving money
22:30 Time vs. Waste
28:00 Finding her passion
33:30 Hannah’s Ambitious Goal
36:30 The concept of financial independence
50:42 Things Hannah can do to help her reach her goals
54:30 Is it more financially sound to be married or unmarried?
57:00 Hannah’s advice to women who feel stuck
60:00 Where to find Hannah
KEY INSIGHTS FROM HANNAH
- Comparing yourself to other people can lead you to create a false narrative that you don’t have enough — when in actuality, you have everything you need.
- You have to have a balance between spending money now and saving for the future because you still need to enjoy your life today.
- Life shouldn’t just be about work. But when we work, it should be a positive improvement to our lives and the people around us. It should be about creating a joyful life.
- For women, it’s important to talk about money and to have transparency with money.
- It’s crucial to have your own money and your own accounts. Make sure your name is on everything, like the deed to the mortgage. So that you have options and
HANNAH’S NEXT ACTION STEPS
- Reducing her family’s expenses.
- Increasing her income.
- Trying to build wealth through Real Estate (selling houses and buying rental properties)
- Working on her spreadsheet side hustle to create passive income
- Having aggressive savings goals, with HSA and maxing out retirement accounts
- Learning from other women through Facebook groups
WHERE TO FIND HANNAH?
For more details about the Women with Ambition podcast, visit ExtravagantlyBroke.com/podcast