Episode description

In this episode of Let's Talk Money and More, host Lesley Thomas delves into the crucial topic of money confidence through her innovative B.A.L.A.N.C.E framework.

Having recently introduced it to a group of young performers transitioning to financial independence, Lesley underscores its universal applicability for anyone seeking to enhance their money management skills. This episode guides listeners through the framework's seven key principles: Building savings, Assessing needs versus wants, Learning to earn, Aligning spending with goals, Saying no to impulses, Contributing to others, and Evaluating regularly.

Join Lesley as she provides insights on how to cultivate a balanced approach to financial growth and maintain money confidence, encouraging listeners to submit their questions for future episodes as the podcast approaches its three-year anniversary.

Key Takeaways:

• B is for Building Savings: Begin with a solid foundation by accumulating savings. It's not just about a safety net; it's about fostering peace of mind and financial resilience for the future.
• N stands for No to Impulses: Learning to say no is crucial. Identifying emotional triggers and practicing mindful spending can significantly impact your financial goals.
• E means Evaluate Regularly: Consistently revisiting and adjusting your financial plans ensures you remain aligned with your objectives and enhances your confidence in managing your finances.

Connect with Lesley Thomas

FREE Resources www.themoneyconfidenceacademy.com/resources/

My website www.themoneyconfidenceacademy.com/

Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmore

Youtube channel www.youtube.com/@themoneyconfidenceacademy

Follow me on Instagram www.instagram.com/lesleythomascoaching/

Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas

Email me lesley@themoneyconfidenceacademy.com

Hosted on Acast. See acast.com/privacy for more information.