I’m Katie, Financial Planner turned Money Coach.
Why money coaching?
During my 2 years of experience in the financial services industry, I found my clients had a need that I wasn’t quite able to fulfill. Many were struggling with their monthly cash flow, despite making good income. How is this possible? Because they did not have great systems in place to track and manage their finances, and also had limiting beliefs that were preventing them from taking full ownership of their financial situation.
Growing up I heard things like “Money doesn’t grow on trees.”
I also heard things like, “What do you think, I’m made of money?” (maybe you did too?!). My dad made good money but self-sabotaged through gambling. My mom was a stay-at-home mom and was afraid to leave my dad for fear of how she would make it financially.
In high school, I was a perfectionist and due to my people-pleasing nature, I developed an eating disorder while trying to become the “perfect” athlete. It took me years to regain a healthy relationship with food. I was eventually able to overcome this through self-love, mindfulness and yoga.
So what does this have to do with money? A lot, actually.
Our relationship with food and our relationship with money are oftentimes the same and born out of fear and scarcity. Think about it: If you are a overspender/overeater it is likely because you don’t feel enough or you unsure of where the next pleasure derived from spending or eating is going to come from.
Once recovered from an eating disorder, I turned that unhealthy outlook to my relationship with money. Although I was a decent saver, when I felt down or bad about myself I would turn to retail “therapy”. I struggled with a terrible scarcity mindset, felt that I had to work really really hard to earn money, and had major anxiety when it came to my bank accounts.
I’ve gone from avoiding my bank accounts and having constant fear around where money was going to come from to paying off $10k of debt (3 times!), understanding my unique relationship with money, and becoming “unavailable” for recurring debt.