In this transformative episode, Germaine Foley, a life and money coach, dives into her philosophy of building wealth while enjoying life. Germaine and Mande explore the practical strategies and mindset shifts that help women get out of debt, save effectively, and invest wisely without sacrificing the joys of everyday living.
Germaine introduces her innovative “Do Both” method, a system designed to help individuals balance their financial goals with their desired lifestyle. Together, they discuss actionable steps for breaking free from credit card debt, building liquid savings, and setting up sustainable investment practices. Germaine also shares personal stories, including her journey out of $200,000 in debt, and how she cultivated a lifestyle of financial freedom and fulfillment.
What you’ll learn:
- How to use the “Do Both” method to build wealth and enjoy life
- Practical strategies to break free from impulsive spending cycles
- The benefits of high-yield savings accounts and bucket-based budgeting
- Why understanding your financial priorities is key to long-term success
- Tips for managing time scarcity and aligning finances with your values
- The power of curiosity over judgment in reshaping financial habits
- Why setting up separate accounts reduces money stress and arguments
Money Mindset & Impulse Control
Germaine delves into the emotional side of money management, explaining how impulsive spending often stems from seeking a dopamine hit. She shares powerful tools like the “sleep-on-it rule” to curb unnecessary purchases. She also discusses the importance of fostering a positive relationship with your finances.
Tools and Resources Mentioned:
- High-yield savings accounts with Ally Bank
- The Wealthy Woman’s Podcast for ongoing money advice
- Germaine’s free training: How to Build Wealth Without a Strict Budget
“You don’t have to give up your lattes or vacations to build wealth. It’s about aligning your spending with what truly matters to you.” – Germaine Foley
Join Germaine and Mande as they uncover ways to achieve financial security without deprivation. Whether you’re looking to clear debt, save more, or start investing, this episode will inspire you toward wealth and happiness.
#MoneyCoaching #WealthBuilding #FinancialFreedom #ImpulseSpending #BucketBudgeting #MoneyMindset