Redefining Wealth: Pamela George on Value-based Budgeting and Healing Money Trauma - podcast episode cover

Redefining Wealth: Pamela George on Value-based Budgeting and Healing Money Trauma

Oct 03, 202359 minSeason 3Ep. 41
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Episode description

Join us for an impactful episode as we dive deep into personal financial stories with our incredible guest, Pamela George. Pamela’s journey is a beacon of hope and resilience, from poverty in Trinidad and Tobago to financial empowerment.

Why Tune In:

  • Resilience and Determination: Hear Pamela’s journey from poverty and becoming the primary caregiver for her sister at 19, demonstrating her tenacity and resolve.
  • Seven Pillars of Money Management: Learn about Pamela’s innovative framework for financial transformation. These pillars guide women in managing their finances effectively and empower them to take control of their economic futures.
  • Value-Based Budgeting: Gain insights on budgeting practices that prioritize personal values, address money trauma, and help break free from the cycle of consumerism. Pamela explains how understanding our spending habits can lead to more meaningful and intentional financial decisions.
  • Generational Healing: Understand and forgive generational money patterns. Pamela discusses recognizing and healing from inherited money traumas, offering hope and strategies for breaking negative cycles.
  • Practical Advice and Empowering Stories: Pamela shares her profound insights on utilizing her experiences and knowledge to assist clients in healing from their own money traumas. Her stories are about survival and transforming money into a tool for empowerment and change.

Tune in to gain a fresh perspective on money, trauma, and healing thanks to Pamela George’s inspiring story and expertise. Discover how to redefine wealth and achieve financial empowerment, aligning your financial life with your true desires.


Connect with Pamela George

Learn with Pamela
Join her on a free Money Date – Gift yourself the space to do the money stuff that you've been avoiding doing.

Pamela is currently reading
Yoga Bitch: One Woman's Quest to Conquer Skepticism, Cynicism, and Cigarettes on the Path to Enlightenment by Suzanne Morrison

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Transcript

Pamela George

Jennifer Walter

Pamela George is a financial powerhouse , but it wasn't always that way . Born into poverty and raised by an illiterate mother , Pamela George , a first-generation Canadian , now consoles numerous influential broke a cycle of poverty, healed women about the power of financial literacy .

She from her childhood money trauma and today stands proud as a financially empowered woman . Pamela teaches women how to be financially empowered through her signature framework, the seven pillars of money management .

Pamela George

Pamela hi welcome to Scenic Route podcast .

Jennifer Walter

Jennifer . So I am super excited because today we're talking about something that every one of us has a history with and has a present and a future with . We're going to talk about money and all different kind of ways , probably more of the nasty side of things where we don't really want to deal with .

So I'm super excited that I have the sunny Pamela here to walk us through it , to hold our hands , so then we kind of get like an idea of who you are . Can you please briefly walk us through your story , like how you started , how you got where you today , like the pivotal crossroads , the big moment .

Pamela George

All right , okay , jennifer . Well , for me to do that we have to go back to Trinidad and Tobago . Oh , yes , it's Caribbean , yes , where you know little girl Pamela was . Tell me about little girl Pamela . Yes , so my mom , I was the eighth of nine children . Wow , who does for your mom ? Yes , and she raised us more or less on her own .

Wow , because so she had . So it's nine of us , five from her first marriage , four from her second , but the second marriage she was more or less doing everything on her own . In fact , I remember her saying , quite you know , flippantly , my father was the laziest man she's ever known .

She did it herself and what she did was support herself and create a lifestyle for her by running . For those of you who know Trinidad and cuisine , she had a roti shop , which is a curry dish . Do you know that ? Yes , yes , so she made a living by cooking and selling that in a little shop right outside of the house .

And the thing is , she couldn't read or write . No , wow , indian woman , and she was doing business . Yeah , yeah , so she's an Indian woman . Back in the day that would have never gone to school , she didn't even know the alphabet , but , man , she was good with money . And I look back now and I'm like how did she do inventory ? How did she balance Bookkeeping ?

Yeah , yeah , nothing . I guess she did , I don't know , but she was able to support her family and her lifestyle based on that and she did that for many , many years . And I remember when I was maybe like about five or six , she met a man because she was , by the time I'm that age , she and my father are no longer together .

Yeah , she met a man and as an adult woman , looking back , I think it was the first time she probably fell in love , because Indian culture back then , her two marriages were arranged marriages , right , so she would have been , I am thinking , around 45 and probably in love for the first time the first spring . Yeah , right .

And the thing is , when you're in love as a teenager or a young adult at the first time , you know what you do . Yes , there are consequences , but it's not as big as when you're 45 and you have nine kids . Yeah , we're too dumb to care , right . And she fell in love , and she fell in love hard .

And so at the time when she met this man , she had owned her house fully , paid for no mortgage or anything , because she's running this beauty shop on her own . Oh , the marriage doesn't end well , does it no ?

Jennifer Walter

I thought so I had this net yeah .

Pamela George

Anyway .

Jennifer Walter

And .

Pamela George

I'm going to get to how I started my business .

But what happened was she sold her property and against the advice of all her older children , and she moved in with my stepfather and it was my mom , my stepfather , myself and my younger sister sorry , my mom , my younger sister , myself and when she made that move , most of her adult children they stopped talking to her and the family which is split , and she

used the proceeds of a house to build a house on his property , on his land . And I don't know the exact time and in my mind I think it's about a month after the house was built . He literally threw us out in the streets , literally threw us out in the streets .

And I remember I mean , sometimes I wonder how much of it is influenced by Hollywood but I remember it being a night and the rain , it was raining and we're standing out there . Well , we could turn this into a movie Right Right , dear Lord yeah .

Well , yeah , but with that my mother has no education , no money , because everything went in the house two young daughters and so talking about I'm like about seven or eight , my younger sister is five years younger than me and we're there and nowhere to go , no halfway house , no , nothing like that .

So I remember my mother going and asking neighbors if we can stay there , and that was our life for many , many , many years .

Spend two weeks here , two weeks here , and I remember the longest we ever stayed anywhere was six months and that was in somebody's garage , and a garage in Trinidad and Tobago at the time is very different from a garage we know now in the first world country . Let me just say that .

Jennifer Walter

I kind of yeah Right .

Pamela George

It was a struggle and I was able to . The older I got , the more I became aware of what was happening and why it happened . My mom died when I was 19 . And I suddenly became the primary caregiver of my younger sister , who would have been 14 . So I had to grow up pretty fast .

In fact , by the time I was like I was about 15 or 16 , my mom got very sick the stress and the heartbreak and she died at 60 , a very old woman , an old 60 . And so I had to grow up pretty fast , yeah , and rough . It was tough . You know , when you're poor , somehow the abuse just seems to come easier and faster towards you .

The abuse , the violence , the judgment , the harassment , and that's what we were exposed to . Right , it just came to us , no matter how hard it felt . No matter how hard it felt . It's like that .

Jennifer Walter

Yeah , I get that . This is why you , so this is where my , this is where the sociologist comes in and me , like you , need to talk about the social implications of poverty . Right Like it's , it's like as money is creating a barrier against harassment and then judgment and false accusations and all these sorts of things , all types of abuse .

Pamela George

Yes , yeah , and somehow the abusers and the harassers feel it's okay to do that because we're poor . Of course You're worthless .

Jennifer Walter

You're under them on the ladder , whatever that means . Yeah .

Pamela George

And I struggled , I suffered a lot , but you know , I have this beautiful , beautiful resilience spirit that I'm so proud of and so happy and grateful that I have it , that yeah , you're a gorgeous sunshine .

Thank you , yeah , no , I mean , you're just there like thank you , thank you , but I'll tell you this I , having struggled like that , spending so many years hopeless , I vowed I would not follow the same faith as my mother . So that involved me knowing . But what ? What does that mean If I don't want to follow the same faith as my mother ? What ? What is my ?

What did she do ?

Jennifer Walter

And that was her like mistake . If you want to see like that , it's mistake .

Pamela George

It was mistake and that was odd because I loved my mother right and , and then when I started to examine and deep , go deep and reflect on on what happened that love while it was still there , I got angry and and I went through all the emotions of you know , and then eventually I accepted it but I'm like , okay , so I need to not do this , I need to

project myself and not do this . And you know it's , it's start . I I realize it started with education , so I started to learn a little bit about money . The thing is you're poor and you're struggling . You don't have mentors . I have not mentors . I didn't have anybody willing to help me do anything , but that happens .

Jennifer Walter

And you're also I assume you also do not have a lot of mental and emotional capacity to learn right . It's not on the forefront on your mind because you're struggling just to get by . Yeah , survival mode .

Pamela George

When you're in survival , you don't have capacity for that . But you know what ? I was able to somehow do it and I was able to claw myself and my sister out of poverty .

We were able to get out of that and I was able to finish school , so was my sister , and we got little jobs here and there and eventually , you know , every job was better than the one before , right , yeah , and slow and steady , exactly , and the the .

Every time I got a better job , I always had this influence , the test thing where , okay , gotta learn , gotta learn because I didn't learn so much .

There was so much I didn't learn in my teenage years and early 20s because I was surviving , right so , and a big part of the learning was was financial literacy , because I saw , didn't want to end up like my mother , because I saw what she did and how it affected like four generations , siblings , stuff , like the .

My youngest sister and I we were with my mother , but there were other children and they had children and there's this big rift right now , even now , right With the siblings and their children and so forth .

So I just wanted to make sure that didn't happen to me and I just educated myself I , very early o'clock in the game , I came across the concept of money mindset and I started to do some work . It started with forgiveness forgiving my mother , forgiving myself , because I blamed myself for a lot of stuff .

Jennifer Walter

And especially like forgiving your mom's let's call him abuser because he was abusing her . Oh , he was , without any doubt . Yeah , yeah

Empowering Women Through Personal Financial Stories

.

So also , like I mean , I don't know , I always feel so bad when , like good people , like your mother right , like good to a fault , right , I've taken advantage of just for being good people , like good hearted people yeah , you can call them naive and whatever , and it's always wise to I don't know , not do I don't know silly things , but you should never be

in a position to kind of like always double check I feel I don't know , yeah .

Pamela George

I guess she was a good , good woman . I get that she was a mean man , I see . I mean , I lived there for a few years and I said I know what it's like to live with the devil . That's what I say . There was a poem by someone , a refugee , I think it's from .

She was from Iran or Iraq , one of those countries , and she wrote a poem and she said you know , when you leave home , you leave home when home is the mouth of a shark . And I still remember that right I was . I'd prefer to be homeless and houseless than go back and live with that devil , as I call him right .

Anyway , one thing led to another and I was able to just get myself out of this poverty , not just the physical poverty but the poverty mindset , and I came up with this system that worked for me and I got to a place where I was happy , where I am . I felt like I had .

You know I was healing and just so you know , the healing is still happening but it's never dying right .

Jennifer Walter

I don't know . I always like that's what I tell my clients when they're like aren't we like done with this shit ? And I'm like , well , you're never done , Well , you'll be done . When you are done , like , quite literally , yes , on your last day you'll be done , right , that's when you're done . That's when you're done right , there will always be .

It's kind of like this never ending tower of bubble . There's always another floor up and , regardless whether you wear your ad in your business or in your personal life , like , it'll always be , there will always be more . Yes , yeah , and it's . But you need to flip it to see the beauty of that .

Pamela George

Yeah , right , yep , and yeah , and then . So , you know , one thing led to another . I moved to Canada and got myself a job . I was looking at a college in financial aid and I'm relancing , you know , coming from Trinidad and Tobago , going to snowy Canada , going to snowy Canada .

But Canada is an affluent by and large , I mean , for the most part , canada is an affluent country . I live in Canada , in Ottawa , Canada , which is the city , it's the capital of Canada , it's the seat of government , right , and it's , you know , I would say , an affluent city .

But then , working with students in financial aid , I'm realizing there's so many parents couldn't afford to get a student loan because their credit was trash or they had so much debt , so much credit card debt , and that time of day , and that made me curious and it reminded me of , okay , you know what my mom went through and what we went through , and I'm

seeing folks now going into , you know , money problems , and it reminded me of the situation with my mother and over the years , I'm like you know what I feel . Women in particular need help and I could help them because I am a woman who clawed my way out of poverty .

Oh , wow , I mean right and I felt I if only from experience , I felt I could have helped other women . But what I did ? I went and I got accredited . I'm now a fine , an accredited financial counselor , and I've upgraded my skills . I've become accredited and qualified that I can counsel anybody , but I choose to work with women and show them .

Listen , you can be struggling with money what is a way out of this , and it's not just while it's very important the numbers , the dollars and cents , that's very , very important . You need to tie that in with what I call trauma-informed money mindset . You need to bring in those two together , right , and that's what I do .

That's the I believe that's my unique value proposition .

Jennifer Walter

Yes , yeah , like this , like bracket Branding , less than the income . Yes , so I'll tell you .

Pamela George

I call it the tri-vector . So that is there's my story , which is there for inspiration . There's the numbers and the dollars and cents . That's there for the financial literacy , and then there's the trauma-informed money mindset that's there for the healing . And that is what I call the tri-vector and that's what I do .

My story is an integral part of my work because I have lived it . I have lived it so I not just live poverty . I've lived through a divorce , I have gone through it all and , as a business owner , I'm going through it now . You know how it is , the cash flow situation sometimes , especially during COVID . So no , that's what I do now .

I work with women and my tagline is I work with women who are ready to change their relationship with money so they can live the life that they really want to live , not the life that's supposed to live , not the life that they're living , but the life that they really want to live . Yeah , yeah , that's beautiful .

Jennifer Walter

Yeah Well , first off , thank you so much for sharing your story carefully . And yeah , like , branding less than incoming , right , like there is almost there's always so much beauty in your story and it doesn't like .

Sometimes people like when I talk to my clients they're like , well , but I never like nothing big happened to me , you know like well , I don't know , do you wish something bad to happen to you ? We all have a story . We all have a story . We all have trauma and trauma is not . There is no like , oh , I have bigger trauma than you do .

Like it is no competition . When your body like releases a trauma response , it doesn't matter . It was big to you and that's all it matters .

And , as said right Like back to kind of like more like the branding business Lens yes , it's not a prerequisite to have your story when you're helping people doing budgets and planning for the retirement , but just if you think of working with someone and you know they have their story , this upbringing , and you're in the same boat , I don't know , I always rather

navigate towards those people , kind of I kind of like that , oh , they get me , yes , right , and yes , also other people can get you , but I don't know , I always feel it's different . Yeah , I feel that .

Pamela George

So , you know , we all talk in business , we talk about , you know , our ideal clients , right , and we want to zero in on them . I feel that the people who can relate to my story have similar stories , mm-hmm , and , and they are the ones who come to me and they make the perfect clients . Yeah , and I love that . I love that .

And If my story inspires someone , that tends to be what pulls them into me . Yeah , and then there's just this deeper connection and and the work although it's it could be hard work at times , it's beautiful at the same time yeah , yeah .

Jennifer Walter

I mean that's a differentiator , right . Like that's , that's the value driver , right . The inspiration , the oh wow , if she did it , I can do it too . Yes , I mean because I mean they are a shit ton of people who can do your accounting . There are shit ton of people who can do your branding like we're all like let's be real , that's cool .

But the actual , the value driver , inspiration to me is such a big value driver . If you're like wow , okay , I , whenever , every time I talk this person , I feel like lit up , I'm so excited , I'm like ready to go into action mode .

That feeling if you get that with someone you can't buy that like you can't it though , yeah , and I and I I never used to tell my story , you know .

Pamela George

So I'm in business five years now and I think the first two years , even two and a half years , I didn't tell that story . That . I just told to everybody who is listening to this . That's right now . They're my dear Thomas from Trinidad .

She had a tough , you know , yeah , but not like not the detail that I go into but I started doing that , I think sometime 2020 , when , you know , as , as a entrepreneur , we wear so many hats . So I guess I was wearing my marketing hat that day and I started doing research and , you know , I started to read and then one thing left another books and etc .

And I realized , wait a minute , that's my story . I think it started with Simon select what's your life ? I think , yeah , I think I saw the , the tattoo , yeah , yeah , that's a good way in to think , for sure . And then I'm like , oh , I need to know my why . Of course , I know my why , but what ? Do other people know my why ?

And that's when I really started to first of all embrace my story for what it is , yeah , and and then comfortably enough to share it yeah , so it's not on my website . I don't , I don't hold back that . I grew up in poverty and I was , you know , abused and and all of that . I know , you know I wear it as a badge of honor .

Jennifer Walter

Yeah , yeah it there's really something about that right it and it's not . You can still decide which parts to keep private . Right like it's not . You don't create relatability through kind of like a share it all Piper for the approach .

That's not the case , but it's just really I always kind of like , think of like , like we anyone who is listening is I , I know I go out on a limb is the eater , solopreneur , wanting to become a solo entrepreneur , or has like a small team , and so you're not like a big international corporation .

So Do actually what I don't know what you like play your strength , play your like , play your aces . That's actually doing shit . It doesn't scale . Like . Actually go back to hey , this is me , this is what I do and like , this is the trauma I had and this is how I , this is how I healed from it .

Pamela George

Yes , yes , and I think woman in particular , we , we have a unique way of doing that . I , hmm , I was talking to a lady a couple weeks ago and she her story . She started a business around her story which was she was married , abusive relationship , and she spent three years trying to get out of the marriage and putting an exit plan into place .

It took her three years saving money , doing what she had , yeah , quietly , while being abused , and eventually she left and after a few years she has this really successful business now in the US .

But it just , you know , when you really willing to take your story , there's so many people now with her that they're so drawn to her because what she basically does is help them with an exit plan when they're in a troubled relationship like that , and that's her business , right , and and she's open about what she does and , of course , woman who in a similar

situation are drawn to her and they come to her . She helps them and Benefit in all the ways that she can help them .

Jennifer Walter

So , yeah , our story is , I feel , as a big asset as yes that is , yeah , I mean you're especially the discos for all the service providers . You are providing the service . Yes , you are your big , your business , biggest asset , right ?

Yep , all of you , yeah like y'all , biggest asset , yes , yeah , again yes like the good things and the shitty things and the traumas and like all of it . So bring it to the table . Yes , right , and , and I feel , was there some part of you when you I'm curious where you shared , when you , in 2020 , you said you started to share it more openly ?

Was that also part of your healing process ?

Pamela George

Yes , yes it was Not just the actual words , sharing it like that , but Having people hear me and come to me with love and affection and understanding and empathy that helps with my healing .

Jennifer Walter

Yeah you see what was more about you had to become a version of you that allowed this empathy and affection flow be flowed towards you . Yes , yes .

Pamela George

Yep , and you know

Healing Women's Money Trauma

you . Earlier on in the podcast you said I'm sunshine , I'm so bubbly and bright . That's , that's who I am . So I think people didn't expect such a sad story . To be honest , folks who didn't know me Didn't expect such a story so well . It was this big impact and and and shock .

I think so , and you know they'd write me or , you know , take me off a car for a while . I think so , and you know they'd write me , or , you know , take me off a coffee . And just wanted to just be nice . Yeah , yeah , yeah , right , and that's really nice . And and being open to accepting that and hearing that Was was very healing for me .

Yes , I yeah , Wow .

Jennifer Walter

So how are you now supporting women healing from I let's go . I'd say most of the women who comes see you come see you because they have some sort of intense money Situation or money trauma going on .

Pamela George

So they usually start following me and I'll tell you , clients usually follow me for like a minimum of six months before they even Like a post or even say hello to all the shadow lurkers out there . We know what you're doing . Yes , right , I wouldn't . I wouldn't even know . And then they'll book a call and I'll be like so how did you hear about me ?

Oh , I've been following you for six , seven months , two years whatever , I think that is .

Jennifer Walter

Why do you think you have such a long or long ?

Pamela George

lead up time books are shamed of their money situation . They they want to know if I can really help them . Am I trustworthy ? Like , who is this woman ? Who is she talking about ? All of this ? Let me get to know . It's a very vulnerable thing . Right , money and and that and see yeah , and see right . So they do that .

And when they feel comfortable enough to reach out to me and they tend to reach out to me because , well , a few things . But they usually struggling with consumer debt . If they have no debt , they are struggling with a budget and While they're meeting the everyday expenses , they know they're not maximizing that . They know they could do so much better .

Like you know , I work for $150,000 . Well , at the end of the month , if I have like a penny left , so exactly , exactly , and and that situation will only go on for so long and then they'll start going into debt again , right ? So there's that , um , there are some women .

Jennifer Walter

It's kind of like as if you can't hold . So you can get into , kind of like the capacity of receiving more money , but you cannot hold it . Yes , or sustain it . I'm fine , we're going to talk about that . I'm going to talk about that ?

Pamela George

Yeah , so that's . It's usually that , um , some of them just getting by because you know they landed a really good job and , um , they just doing what they think they should do . But they know that they don't understand what they're doing and they know that's not sustainable . So they reach out for help .

Um , but I'll tell you , they all know , inherently , they all know , that it's not just the dollars and cents , it's not the numbers alone . They all know they have some history with money . Everyone have a money story . Uh , they all know that there's some stories , some money mindset issues going on with money .

So they come to me because they know I can help them with post and , of course , they would have heard about my story . So they're really into it . So that's why they come to me . Um , I think when they come to me , they don't expect to go as deep as we go .

Jennifer Walter

That goes from my client's to their , with kind of like , oh , and I was scared , well , you better be .

Pamela George

So we go and my work is gentle , but you know , I mean we , like I always say you have a $50,000 in credit card debt , I don't . Yes , we get you on a plan to pay it all that debt , sure , but if we don't fix the root cause of that , you're going to end up in debt again .

Jennifer Walter

Yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah , yeah .

Pamela George

So we figure out what the problem is like . Like , what is the root cause of this During the pandemic ? So , um , overwhelm was always an issue . But what was- ? Or consumer debt or a ?

Jennifer Walter

firm Just life , oh well , real life .

Pamela George

Yeah , yeah , yeah , yeah , yeah , that was something that it's called adulthood . Primarily it's called adulthood . It was always there , but you know , there would be a lot of um , well , I'm in a shitty marriage and that's causing it . Some other things , some childhood stuff . That's causing it what I'm seeing now . The overwhelm is out there .

It's like that's the first thing . That is really like superseding all the other stuff . There's so much overwhelm happening that women are just driving themselves crazy . Yeah , or just shutting down like no , I'm not gonna yeah , not again . Yeah , not even Exactly . So , um , I am too tired and I'm too busy to cook , so we just order food .

Well , you order food too many times and eventually you can't afford it , right , but then for you to sit down and plan the meals and go grocery shopping and stuff Don't have the capacity to do it , you don't have the capacity Exactly , and um , so , so we have , and they don't . They're so busy and they don't have it sounds like a really bad cycle .

It is a bad cycle . So . So , with when I work with my clients , I'm like let's take a pause . Let's take a pause and see what you like could look at like without doing two jobs . Because you see , the thing is we feel that if we have money trouble , the best thing or the thing to do is to just get a second job or increase income .

Jennifer Walter

Yeah , and have more , exactly Like increase the income , right ? Yeah ? Yeah , I don't know . Most people say you have two sides to command this either increase income or cut spending .

Pamela George

Yeah , I say it's both , it's both , it's both . But if you have a deficit of a thousand dollars in your budget , I don't expect you to cut a thousand dollars . Neither do I expect you to bring in an additional thousand dollars in income . Yeah , but if you don't know what you're doing , you'd think that you need to bring in a thousand dollars .

And then you're looking at not having . You know you're working how many hours a week now , have no time for the kids , have no time to plan your meals , no time to shop in the grocery for the food . And then it's just like this , like you say , it's like this revolving door just in our catch 22 .

Jennifer Walter

Yeah , we're not even talking about like health falls yeah .

Pamela George

Yeah , exactly , yeah , right . And then your kids are growing up now without you spending time so much time with them . They're seeing that money just stresses you out . Imagine the money lesson you're giving them . Right , they are seeing that money is stressful . You got to work hard for money .

Jennifer Walter

Yeah , you got to work hard .

Pamela George

Money is stressful , money is hard work , money is everything you don't want , basically , and you are creating their mindset for them that they grow up and they just repeat the cycle that they saw their parents live . So how to break the cycle Behavior ? We got to change our behavior .

And to change our behavior we need to do a bit of money mindset work together with , because we could do all the money mindset work and we don't can balance the budget . Does that make sense ? No , likewise Right , I am .

Jennifer Walter

Yeah , we don't balance the budget and we don't fix your scarcity mindset , then yeah , that's the thing where a lot of the also kind of like all these like I don't know attraction , where visualization board , mood board things fall short . Yeah , you can do all the affirmations you want If you don't have the capacity to hold them and to execute on them .

Like you can say affirmations until you're I don't know , until you fall down in your grave , yeah , yeah .

Pamela George

I mean , and I said that to a new client I had last week and she is overspending by $2,000 . And she was telling me that every morning she says money mantra . She got this from some guru . Money right ? Oh , I love the gurus , yes . And she's like I'm seeing my money mantra .

Jennifer Walter

I haven't written on my . I do all the things , but why am I overspending ? Yeah ?

Pamela George

Yeah , right , so tell her . I said let's look at your budget , let's leave the mantra aside , let's look at your budget . And then we were able to bring it down . We got it to a place where she can now supplement her income with a couple hundred dollars and yeah , that's , that's what we had to do . I had to see where the budget was and what was happening .

I mean spending $2,000 , close to $2,000 , in takeout . Come on , we got to fix that first , right ?

Jennifer Walter

Yeah , it's not fixed completely yet , but she knows what you're kind of like going to , but also , like , as I said , like going to the root , kind of like the root cause of the thing . Like why are you actually spending , I don't know ?

I mean take out money , and it's always kind of like it seems like an easy enough thing to answer superficially , Right , Like I mean I don't know . I remember when I was in corporate , I mean I don't know , I still , I have still learned swear . I'm really not that good with money , but I know why it's happening .

Yes , so at least like okay , yeah , I mean okay .

Pamela George

And you try to cause correct the next month , that's the thing , yeah , yeah , yeah , Right , Like I need .

Jennifer Walter

I know . For me personally , I know because I'm dealing with chronic pain and I feel so powerless when I have kind of like a flair . Money or food are the things I can control . So that's when I have the tendency to overspend yes , Because I can control , whereas other things I cannot . So , but so then I haven't and I can course correct .

The next month I probably got a higher . We got to go to the root cause of this . Yeah , I did not . I've already . I'm like well , it's not struggle , Like I'm not in debt or anything , right ?

Pamela George

Like , but no , I was talking about I didn't realize . You struggle with chronic pain because I do as well . Like , oh , I do as well . So what are you struggling with ? Yeah , who is struggling more ? I have been diagnosed with MS oh In 20 , late 2017 .

Jennifer Walter

Yeah , 2017 . How are you , how are you keeping up with MS Um ?

Pamela George

my . What I get is severe , chronic pain all the time , like I'm in pain right now for the past hour that I've been giggling and laughing and stuff . I'm in pain right . After all , there's sinister Me too , yeah , yeah , and I go to bed , take a painkiller . I wake up at two , three in the morning . Guess what ?

There's the pain that makes me up , right , and that's that's what it is . Um , so it's pain and fatigue . I'm extremely tired , which is why I work in the morning and by by one or two o'clock I'm wrapping up to go home because I'm done . Yeah , I'm done .

Jennifer Walter

Well , I mean , it's beautiful that you , that you're constructed , you structured your business in a way to suit you , to suit your needs , right , like that's ultimately what we're doing . Like this is why we're , why we're doing all of this right To be like nope , not today's Satan .

Pamela George

Yeah , I'm going , I'm going . I'm sorry to hear that you have chronic pain . I know the feeling , so yeah .

Jennifer Walter

Because , yeah , you win , yeah , you win , you win the card with MS . You like to choke ? No , but I suffer from endometrosis and adenomyosis , which is the endometrosis in the uterus . Oh , I'm

Budgeting and Healing Money Trauma

sorry . So every month there are a couple of bad periods as well as like IVS and the and celiacs .

Pamela George

But hey , like listen , we got this , we got this .

Jennifer Walter

No , no problem , but but right , like I mean going back to that , I know that's where I'm like , oh , okay , but we're spending needing the course correct , right , and it took me a while to actually realize that right , because I don't know , it's it's . It usually is more of the superficial side when you're like , oh , why are you spending 2K on takeout ?

And you're probably I don't know , and so it's like , oh , I was too busy . Well , I were you too busy .

Pamela George

Well , I needed to make more money . Why you needed to make more money , and we just go deep and deep . But I'll tell you this A lot of people think that when they come to me , I'll be like you can't do this , you can't do this , you can't do this . Yeah , no , I have a process that I call value based budgeting .

We get , we do an exercise where we figure out what your values are whether you're talking more values , top three , core values and we ensure that that is represented and reflected in your budget . Yeah , all right , so let's , so , let's say , you say to me Pam , I have chronic pain and four times a month I can't cook , I can't , I can't do anything .

We need to find money in that budget where those days are covered , are covered , and we work together to find that . And that's how I work with my clients and budget and we work it and not , you see , a budget is more than you know what comes in and what goes out , and making sure there's not as much .

We go deep into that and and we design a budget that really suits your lifestyle .

Jennifer Walter

Yeah , and especially because otherwise it's , you know it , like it's I don't know . I go back to like the dieting thing because I feel like there's so many similarities .

You know , I know everyone probably at least who grew up in like the nineties , with like the visual role models of women in the nineties Thank you , Um , that's some sort of like eating story , like food story as well .

And like if you go on a crash diet and you're like no , not eating anything , just have my water , and like I don't know , my crackers , um , and the same probably goes with food , with budgeting , right , if you're like , oh , I'm not spending any money , nothing at all .

Like you're going to live on ramen noodles , like you can maybe do it for a week or two , maybe you can push yourself to a month , whatever but it . But you always all got a crash and burn , right , like it's I .

Pamela George

that's why I really like the value approach of like hey , let's look at , yeah , value base and value based budgeting , and we also talk about topics such as consumerism and overconsumption , and and capitalism , and and that shows up in our lives , whether we we against capitalism or not . That comes in . We living in a world .

Jennifer Walter

We are all against capitalism because , seriously , who is profiting from the system ? I bet it's not you and I . It's not anyone who's listening right now .

Pamela George

Right , so yeah .

Jennifer Walter

So unless , like chat face is listening , then like okay , cool , you want to have it . Yeah , yeah , everyone else is not .

Pamela George

I am , but no , it's budgeting At least the way I do it , is completely different . It's not just an Excel spreadsheet , it's so much more . You know , I would love to work with you . My God , just hearing what you do and I'm like , oh bring it on .

Jennifer Walter

Yes , yes , we do that , we do that . I don't know , I should look , I should look up your website , but kind of like that , not trust the Excel spreadsheet . We have to do something with there , with the messaging this is gold . We have to do something there . This is gold . Hey , I'm open to suggestions . Go for it .

Yeah , wait , there , there there is something . I'm not 100% there yet , but there is something , because no one actually likes Excel spreadsheets , exactly . There are a few people who do , and I love you , but most of us do not .

Pamela George

Especially when it comes to budget . A budget is not just numbers . A budget is your goals and your dreams and your plans . Yes , I always kind of yes , I always explain the directions .

Jennifer Walter

It's more than the sums of its parts , right , like it's . It's a different entity , yes , but I'm curious again like you said , you , you healed your own money trauma .

Yeah , we kind of like circle bit back , because I'm sure a lot of people are now like oh yeah , I like are hearing themselves and the stories you've shared like or in your client , examples of like consumer debt , like anyone who's listening from the US also like college debt , huge issue , not here in Europe , luckily .

I mean consumer debt , like Chris , like we're recording this today , on Black Friday of all days .

So I mean consumer debt , yes , and then also kind of like I know I had , I share with you , like I had a client who had a like good launch and it was the first time she had like this big influx of money in a short period of time and like I don't know a bird of that period , it was gone again .

Like those are all kind of like how , how do we like if they're all trauma based , like the root of all of those are traumas and I know there we already said there are like a gazillion of traumas and there's no like one size fits all . But how can we start healing from those trauma ?

Pamela George

Okay , so my answer is going to be like a three part answer , so get ready . So I'll answer what I did to heal my trauma .

Healing From Money Trauma and Patterns

So my trauma started with being angry with my mother for putting us through this , all right . But when I was able to realize that she just did the best with what she had , an old Indian woman back in the what 1970s right , and no educator . And her parents would have been immigrant indentured workers from India , right . So no education there either .

And what money stories would have been passed on to her ? What generational I don't like to use the word curse , but what generational stuff would have passed on to her through lessons and DNA and all of that , right . And then what they would have had .

So the minute I started to look outside of me , and then outside of my mother , and then my grandparents and their parents , et cetera , I realized that it's not their fault , it's not their fault . And what I inherited , it's just I inherited it . Nobody was like I am going to pass this on to Pamela George , no .

Jennifer Walter

I just got a screwed Pamela .

Pamela George

Yeah , I did , yeah , no , yeah right , yeah , so I realized that , and that is when the forgiveness for my mother started and the forgiveness for my line , my generational line , that came before me . That was very what's the word ? Catartic is the word . I think Catartic , yeah .

Jennifer Walter

Yeah , it is , it is the word and , yes , this process is catartic .

Pamela George

Yeah , and so forgiving her was like the pivotal point . And then there was forgiving me for being angry with her and all of that . And around that time I realized that this is a little bit too big for me to handle myself , because I've always been an introspective person .

So I was doing this by myself , reading books , you know , journaling and stuff and I realized , okay , this is a little too much for me to handle . Yeah , and I was what I've been like in my early thirties at the time and that's when I sought therapy . I went to therapy and I tried different therapies .

You know , I'll try somebody for a year and I can feel , okay , the work together is done . Now I need to go for a different type of therapy . Right , yeah , and I did . Yeah , and I did different types of talk therapy . I did cognitive , something it's called . I remember I did that . I did energy work as well .

I did lots and lots of work to really heal from that and I'm still doing work . But that's how it's done .

So when I work with my clients and we just touch the surface with a little bit of money trauma and trauma-informed money mindset I always say to them we are just doing the surface work here to get you aware of how it's affecting your money , and my advice is always go get a therapy session somewhere .

I always have referrals that I can send them because the work is only just starting with me . Yeah , and I'm not a therapist , I'm a financial counselor and I do focus on trauma-informed money mindset .

But usually we do enough work where we can affect the budget and affect the debt and affect the money right , but anything deeper than that they need to go and get full-fledged therapy and get some work done . So there's that . There was a second part to your question .

So that's how I feel I am healing and I will say healing , not healed from my money , trauma and from what happened to me . Was there a second part of your question ? I feel ?

Jennifer Walter

no , no , no , that's what , yeah , yeah . And I just kind of want to start back on two things . One is like kudos to you for trying out different shit , right , like no , but seriously , like I mean I send people like oh yeah , like yeah , I tried that , like I tried journaling , it wasn't for me yeah , that's cool . Like journaling doesn't do shit for me .

Like I'm just , I'm not a bit , I'm not a writing person , I'm a talking out loud person . That's probably why no one was surprised I have a podcast , but I was late to the party .

But like , just try out different things and see how it makes you feel , right , like you don't know beforehand if I don't know what kind of therapy will release something , right , I mean , kind of , when she she did sound healing , she was like I love sound healing .

Pamela George

What was that ? I love it . Yeah , what I love it .

Jennifer Walter

And she was like I cried like a baby yeah , yeah , I just don't know , just try different things . So I love that Like just kind of having this like explorer playful mindset of like I just got to try . I mean , I just didn't know , I'm done .

Pamela George

Yeah , I knew I didn't want to stay where I was , right . I didn't want to stay where I was and I want to show up as my best self for those I love . And I feel showing up where everything is a trigger for me is not fear the folks around me , right , and if you also fair to you , because if you're in a triggered state you're not feeling well , Exactly .

So I wanted to heal from that and remember I saw what stress and unhealed trauma , unaddressed trauma , did to my mother . I didn't want that for myself and that in itself is a therapy session , because normally you'd be like , oh , I want to be the kind of mom my mom was . I want to be the hard worker that my mom was .

So you use your mom as some kind of role model All my life it was how do I not be like my mom ? So that in itself was a few therapy sessions .

Jennifer Walter

Well , yes , and this brings me . This could lead into another whole new episode of like . If you don't want to be like your mother and add to a lot , to quite a high percentage , I agree , I also do not want to be like my mother . It ultimately will come to the question of okay , how will you mother yourself ?

Pamela George

Yes , and I had to learn how to do that . There is there . As a side note , there is a blog on my website and the title is Got Money Problems . Let's talk about your mother .

Jennifer Walter

Yeah , that should also be more prominently placed on your website .

Pamela George

Yeah , I will take any suggestions you have .

Jennifer Walter

Yeah , or yeah , it's like thanks mom , thanks dad , yeah no . But then it again brings me to what you said before , and I think this is so beautiful and worth noting and circling back . We're now like joking and saying thanks mom , thanks dad .

But it's actually kind of like the relief what you said about you have to release the anger and come into forgiveness by realizing they did the best they could . And I had to go through that for my own set of parents too , where I was like okay , I know where they came from and they did so much and I'm thankful for that .

And then , but for me the hard stone was to swallow was like okay , if we're going to say everyone is like like they're trying the best they could , so everyone is trying the best they could , yes , that means now that's the real kicker . You are also doing the best you would . Yes .

And still we look back at Chen from last year , at Pamela from two years ago , and often crap on ourselves .

Pamela George

Yes , right , yeah , yeah , yeah . I just want to say something . You started to talk about your parents and we're talking about mothers , and I just felt the need to pull my crystal and hold it to my hands . What is this kind of is ?

Jennifer Walter

it amnesty ? Yes , it is , yeah , oh yeah . What is the meaning of that ?

Pamela George

I do not know , I do not know , but I'll tell you this , you also have crystals and because I just like them .

Jennifer Walter

They're pretty , yeah , but I have no question .

Pamela George

No , I actually one of my , so I intend to learn more about them in the new year , yeah , but I love having crystals around me . But you were talking we were talking about that mother energy and I just felt the need to pick it up and like it was soothing to me .

So , even after all these years , there is still obviously something in me that felt it needed soothing while we were talking about this , because I grabbed my crystal , yeah , and it's not so okay .

Jennifer Walter

So I have to be fair . I do not pretend I am smarter than I am , although I'm pretty fucking smart . I just Googled random Google search , amethyst crystal meaning . Yeah , you know what came up ? Tell me Amethyst , apparently , is the best crystal for mothers .

No way , yeah , I'm like seriously , you can tell me about all the wo-wo things and you don't have to believe anything that yeah , wow , sometimes you cannot make this shit up , wow , and I have other crystals here and I mean it's a natural stress reliever . Hello , triana , it comes to mind that neutralizes negative energy . Wow .

Pamela George

That's why I'm holding it to my hand now .

Jennifer Walter

Yeah , yeah , there you go . Seriously , you cannot make this up . So see , those are those things , those are those nudges , right , those are the things that can help us heal . And when you , whenever you have like a little nudge like this , go execute .

Yeah , whether it's in your business or holding it , holding a crystal , which is , yeah , just go execute on it what you say , my man , oh my God , I say follow your God .

Pamela George

I think a lot of women we have been taught to not follow that , not give in to it , not give in to our feminine powers . Listen , I believe our feminine power is powerful if we would just listen and dive into it . Right , of course , everything in balance , but in the you know the- .

Jennifer Walter

That's what you say , because the spreadsheets and yeah , we have the thing right . Like , yeah , yeah , like my clients know they have to Google analytics data and they have to go . So I'm like , let me pull up your Google analytics data and then let me pull a tarot card , just listen .

Pamela George

Wherever we're at right , like that's , it's not this or that , let's just go like I don't know , I hate those dualities and like all the other , yeah , yeah , let's just go for , and we always go for , and I think if we can just lean in a little more to our feminine , our , you know , whatever who we feel we call to , I think , incorporating that with the

facts and the logic and the numbers , it can really take us places .

Jennifer Walter

Yeah , that's really . That's a really lovely word , lovely sentiments to to also end our podcast sadly , because I feel like we could do . We could go for another hour . Yeah , I know we have stamina . Yeah , so tell us , like , where can people find you online ? Where do you hang out ? I know you host a money date . Do you want to tell me something about it ?

Pamela George

Yeah , it's the third Wednesday of every month , from one to two PM Eastern time . I'm in Canada , ottawa , canada . So it's every third Wednesday , one to two , and it's free . I do an event bright event , free event and it's usually on all my social media , or you just do a search for me , it will show up . So there's that and I invite everybody .

What do we do ? We have about the first 15 minutes where I do a mini lesson , just a mini lesson , and then we spend 30 minutes getting shit done . You know the bills you don't want to pay or the taxes you don't want to look at the taxes , whatever it is , we keep the cover on , we go on mute and we do all shit . Yeah , I like that .

Jennifer Walter

I need a lot of co-working like that during the pandemic Right .

Pamela George

So it's similar to that , and then , at about 10 minutes to the hour , we wrap up and there's some accountability . Okay , tell us , what did you do ? What didn't you do ? I saw you on the phone while we should have been working , was going on with that type of thing when are you talking to your accountant ?

Jennifer Walter

I hope you say yeah , I know .

Pamela George

So that's what I do the money day , the third Wednesday of every month , and I'm also I'm launching a group and it's what I call the prosperity circle , and it starts on January 10th . It's six months where we meet every other week and we go over my signature system . We cover , and it's called the seven pillars of money management .

So registration is now open for that . I don't just take anybody blindly . You need to book a call with me , yeah , application based . Yeah , yeah , you book a call with me . And one we need to see if we're a good fit . But two , I need to talk to you to figure out if you're ready for this .

Yeah , right , so if that's something you want to do , you can do that . But my website sorry , not but , and my website is my website is simple . It's sandalaco , not com , not ca , but co . I'm all hip , right , yes , yes , you're on the way .

Jennifer Walter

We're going to link it in show notes as well . So , yes , that's amazing , thank you . Yeah , I love the money day . So much things , so much laughter . Oh my gosh , that's the . That's the right like . You come for the knowledge , you stay for the entertainment . There you go . And I have one more question for let you go , because I'm curious .

You always need new , new , new materials . What book are you currently reading ?

Pamela George

I , or audiobook , whatever like no , no , I love to read . I have my , my Kobo E reader and I am reading Yoga Bitch . Yoga Bitch . I'm now like on page five and it's this woman who is talking about her journey . Smoking and transcendence , I believe , is what I love it . Yeah , it's quite interesting . So it's Yoga Bitch . I recommend it .

Jennifer Walter

Perfect . Thank you so much . Well , Pamela , what is it Absolute bless to have here . Thank you so much for sharing your journey with us . I love .

Pamela George

Thank you . Right back at you , girl , right back at you , thank you .

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