177 | Money Management: How to Simplify Your Finances w/ Mikelann Valterra
Join Jennifer in another enlightening episode of The Make Room Show, where she engages in a conversation about breaking through the "money fog" and designing a life of financial clarity. Today's special guest is Mikelann Valterra, an author, speaker, and master money coach with 25 years of experience helping women transform their relationship with money.
This episode provides tangible steps for individuals to take control of their finances, design a life they desire, and get excited about their financial future. Receive valuable guidance to empower yourself to rise above financial challenges and cultivate a healthier relationship with money.
Talking points:
- The "money fog" explained as feelings of vagueness, fear, overwhelm, and guilt around finances.
- Michael Anne's journey into money coaching, blending economics and psychology to address emotional and practical aspects of money.
- The importance of simplifying financial accounts to reduce stress and anxiety.
- Practical advice on pruning accounts to achieve financial clarity, focusing on one primary checking account and one or two credit cards.
- Two essential savings accounts: periodic savings for upcoming large expenses and a safety net (or freedom fund) for income protection.
- The concept of "saving your way out of debt" by prioritizing periodic savings alongside debt payments.
- Transitioning from a scarcity mindset to an abundant mindset.
- The significance of a spending plan over a traditional budget, designed to give individuals a sense of control, confidence, and excitement about their financial future.
- Crafting an annual income and spending plan to align financial decisions with the life one desires, emphasizing self-care, dreams, and hobbies.
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Are you interested in finally getting organized & don't even know where to start? Book a discovery call & let's uncover what could be standing in your way.
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Mikelann Valterra is an author, speaker, and master money coach who helps women around the world rise above the money fog, transform their relationship with money, and design their ideal life.For twenty-five years, Mikelann Valterra, MA, AFC has been a thought leader in financial psychology. She has written, spoken, and been interviewed extensively on powerful, practical ways to reduce money anxiety and teaches effective methods for earning, saving, reducing debt, and managing money. Her new book, Rise Above the Money Fog is now available online.
instagram.com/seattlemoneycoach
facebook.com/MikelannSeattleMoneyCoach
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About your host, Jennifer Ford Berry: Jennifer is the host of the Make Room podcast and the founder of the Created Order Neighborhood, an online community of women who want to live a life of order and purpose. She is the author of five books, including the Organize Now! series and her latest, Make Room. Jennifer was previously the regular organizing expert on the TV show Winging It, Buffalo Style. , and has appeared as a guest expert on several television and radio shows, as well as in national magazines and newspapers. Jennifer lives in western New York with her husband and two children. She works both hands-on and virtually with her clients to help them eliminate clutter and live their dreams.
Where to find Jennifer:
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