THOUGHT FOR THE DAY
< BACK TO BLOG

The Conscious Consultant Hour

Thursday, March 18, 2021
18
Mar
Facebook Live Video from 2021/03/18 - Mindful Money Management

 
Facebook Live Video from 2021/03/18 - Mindful Money Management

 

2021/03/18 - Mindful Money Management

[NEW EPISODE] Mindful Money Management

This week Sam welcomes Master Prosperity Coach, & Author, Joel Salomon, and his co-author, Mollie Singh.

Joel is a Finance and Mindful Money Expert and Master Prosperity Coach who helps others overcome obstacles standing in the way of their financial freedom. He’s an award-winning speaker, workshop facilitator and has been quoted in the Wall Street Journal, Newsday, U.S. News and World Report, and interviewed in Forbes and on Bloomberg Radio. As manager of a $700 million portfolio, the creator of his own successful hedge fund and the author of two best-selling books: The 9 Money Rules Millionaires Use and Mindful Money Management, Joel is an expert in the field of finance and the mindset of money. Becoming a Certified Infinite Possibilities Trainer and Trailblazer in 2017, ignited a dream in Joel’s heart to help over 100,000 people become financially free so they too, could live the life of their dreams.

Mollie Singh is a university professor, author, and IT Program Manager. She earned her MBA in global business. She is also certified Infinite Possibilities Trainer and a Gottman 7 Principles Leader. She enjoys mentoring individuals, couples and business professionals achieve their personal and professional goals by helping them live with intention, designing and living their best lives with love.

Tune in for this enlightening conversation at TalkRadio.nyc or watch the Facebook Video by Going Here.


Show Notes

Segment 1

Sam starts with a quote from his book Everyday Awakening.  The quote is about the constant quest for self improvement and how this leads many people to look for solutions outside of themselves.  Sam welcomes his guests Joel Salomon and Mollie Singh.  Joel is a Finance and Mindful Money Expert, Master Prosperity Coach, and best-selling Author.  Mollie is a university Professor, Author, IT Program Manager, and a Certified Infinite Possibilities Trainer. They talk about how many people do not have a conversation about money with their parents at a young age.  If there isn’t an actual conversation many learn from watching their parents.  Joel and Molly will discuss how their partnership began after the break

Segment 2

Joel and Molly met each other through one of Mike Dooley’s seminars. After talking to a client about how this client should include his wife in the conversation about money and having this client resist because he insists that he is “the money guy,” Joel realised that Mollie’s experience working with couples would help this couple and others tremendously with managing their finances.  Joel believes that the greatest misconception is that money is scarce. Mollie points out that many couples see it as a binary subject, “we either spend on me or them.” After the break, they will discuss the difference in how people think about money. 

Segment 3

Mollie believes that the way people think about money is shaped by their upbringing.  Sam brings up a cultural difference that he has seen in money management due to his marriage.  She manages the money in the family and is accustomed to saving most of her income. Molly notes that women want safety and security so that is often a priority when managing money. In their book, Joel and Molly wrote about the money personality types.  People often fall into more than one of the personalities and over time they change as well. 

Segment 4

Joel believes that in order to best manage money, you need to be self aware and want to learn more about yourself.  As a couple it is important to talk about money, specifically talking about feelings and fear  around money.  Sam notes that the solution is not always making more money.  For some couples that he knows, the solution has been downsizing their lives.  Joel  and Molly’s book Infinite Love and Money will be available May 14 on Amazon.  If you would like to learn more about Joel’s services or events hosted, visit salaurmor.com.  If you would like to know your money personality type, email him at joel@salaurmor.com for a survey. Everyone who sends in a survey will be automatically included in a raffle for a free copy of Infinite Love & Money.  To find Mollie, visit molliesingh.com. 


Transcript

00:00:25.770 --> 00:00:35.490 Sam Liebowitz, The Conscious Consultant: Good afternoon, my conscious co creators, welcome to another edition of the conscious consultant our awakening humanity.

00:00:35.880 --> 00:00:58.200 Sam Liebowitz, The Conscious Consultant: I am very, very pleased that you are all here with me today we've got another wonderful show in store for you today, you know we've we've kind of a different show today much more grounded, you know we've had shows lately on on tantra on on energy healing on on.

00:00:59.730 --> 00:01:05.220 Sam Liebowitz, The Conscious Consultant: strength and all kinds of stuff but today we're talking about a very important topic money.

00:01:05.640 --> 00:01:14.190 Sam Liebowitz, The Conscious Consultant: Everyone loves to talk about money well actually we usually don't like to talk about money, which is why it's an important topic and why we're going to get to it today we've got a couple of great guests on.

00:01:15.000 --> 00:01:24.270 Sam Liebowitz, The Conscious Consultant: That i'm looking forward to bringing on in just a moment and now of course it's time for our quote of the day, not quotes of the day anymore, yes.

00:01:25.110 --> 00:01:27.900 Sam Liebowitz, The Conscious Consultant: For those of you who missed last week i've started to.

00:01:28.470 --> 00:01:42.360 Sam Liebowitz, The Conscious Consultant: move away from doing my Abraham and and universe quotes and and i'm just going to read you a quote from my book, every day awakening which is available all over the place, and at everyday awakening book calm.

00:01:42.720 --> 00:01:59.070 Sam Liebowitz, The Conscious Consultant: Alright, so today it's section two from the book, which is, we are not broken, and we do not need to be fixed sometimes we get a nagging feeling an itch to change something about ourselves.

00:02:00.090 --> 00:02:15.300 Sam Liebowitz, The Conscious Consultant: As if we need to be fixed there is that seminar to go to another course to take another book to read and in trying to scratch that itch we fall into the trap of the men never ending cycle of self improvement.

00:02:16.020 --> 00:02:30.990 Sam Liebowitz, The Conscious Consultant: We think i'm broken and I need to be fixed there was something wrong with me please fix me, I am in pain so must be my fault, I did something wrong, I always mess up i'm just effective.

00:02:31.740 --> 00:02:41.880 Sam Liebowitz, The Conscious Consultant: We may not say it, we may not even think it, yet we act that way, because we feel we are not good enough in some way.

00:02:42.810 --> 00:03:05.250 Sam Liebowitz, The Conscious Consultant: We go looking for a guru or a teacher to make us feel better the trap is that we were are looking for a solution outside of ourselves, we think that there must be someone out there who can change us just one more workshop and i'll be okay just one more boot camp and i'll be at peace.

00:03:06.390 --> 00:03:21.870 Sam Liebowitz, The Conscious Consultant: The fallacy is the idea that we are broken and need to be fixed, for we are not broken we don't need to be fixed, we are absolutely perfect the way we are, we are whole complete and enough.

00:03:23.160 --> 00:03:42.720 Sam Liebowitz, The Conscious Consultant: pain is normal, the real issue is the story we tell ourselves about it, the story about why we feel the way we do the story about why that thing is happening to us, the story that tells us there is something wrong with us.

00:03:43.770 --> 00:03:52.980 Sam Liebowitz, The Conscious Consultant: What if there's not something wrong with us, what if that story is false, what if everything that happened to us is here to serve us.

00:03:53.490 --> 00:04:06.990 Sam Liebowitz, The Conscious Consultant: What if everything is perfect and we are perfect to just learning our lessons and growing every day, what if the real issue is the story, we made up about the issue.

00:04:08.130 --> 00:04:18.630 Sam Liebowitz, The Conscious Consultant: What if you don't need to go to another seminar another boot camp to feel better what if the only thing that prevents you from feeling better about yourself is you.

00:04:19.980 --> 00:04:32.730 Sam Liebowitz, The Conscious Consultant: If the stories don't serve you there's no purpose in hanging on to them when we drop the stories everything changes, when we let go of the stories we can start fresh.

00:04:33.150 --> 00:04:55.350 Sam Liebowitz, The Conscious Consultant: We can start a new and we can feel better about ourselves in an instant we may not be able to drop the story right away, but it is, but there is a way for you to reinterpret the age old story that has been haunting you to something a little kinder a little gentler on yourself.

00:04:56.850 --> 00:05:07.170 Sam Liebowitz, The Conscious Consultant: So this is the second essay in the book and it's one that that i'm actually very passionate about because.

00:05:08.100 --> 00:05:16.890 Sam Liebowitz, The Conscious Consultant: In the work that i've been doing and over my years and and look i'm right about this because i'm as guilty of this as anybody else.

00:05:17.310 --> 00:05:27.120 Sam Liebowitz, The Conscious Consultant: There was that time, where I kept going to seminars, I had to take to study under one more teacher had to do like one more thing, just to.

00:05:27.480 --> 00:05:36.390 Sam Liebowitz, The Conscious Consultant: to feel like oh okay I just need this this this one more thing and then i'll be okay that's one other thing and i'll feel good about this one other thing and then everything will be fine.

00:05:38.340 --> 00:05:50.490 Sam Liebowitz, The Conscious Consultant: and actually know the feeling fine is comes from within, nobody in the external world is going to help us to feel better about ourselves now.

00:05:51.210 --> 00:06:04.200 Sam Liebowitz, The Conscious Consultant: People can be our guides people can show us examples, people can tell us stories that we can relate to that can maybe help us along our path, but they can't walk the path for us.

00:06:05.430 --> 00:06:09.600 Sam Liebowitz, The Conscious Consultant: Nobody can it is our unique path to walk.

00:06:10.980 --> 00:06:13.440 Sam Liebowitz, The Conscious Consultant: And the thing is there's nothing wrong with it.

00:06:14.820 --> 00:06:31.710 Sam Liebowitz, The Conscious Consultant: And that is really I think the challenge that we all have that just because something doesn't go the way we want just because we're in pain, just because we've suffered loss or grief or trauma.

00:06:33.120 --> 00:06:37.740 Sam Liebowitz, The Conscious Consultant: does not mean that there's something wrong with us, or with life.

00:06:39.630 --> 00:06:42.810 Sam Liebowitz, The Conscious Consultant: it's all a part of life.

00:06:43.980 --> 00:06:51.390 Sam Liebowitz, The Conscious Consultant: And we may not see it and we may not feel it because we don't have the perspective when we're in it in the moment.

00:06:52.530 --> 00:07:01.080 Sam Liebowitz, The Conscious Consultant: But one day we will have the perspective and one day we will see how sometimes our greatest struggles were our.

00:07:01.410 --> 00:07:13.710 Sam Liebowitz, The Conscious Consultant: greatest opportunities to grow to learn to learn about ourselves to develop our confidence to understand how strong we are that, if we could get through that we can get through anything.

00:07:14.490 --> 00:07:28.770 Sam Liebowitz, The Conscious Consultant: And indeed that we were here not to be suffering all the time, not to be in pain all the time that we were here to love and laugh and play and enjoy life and to live more fully.

00:07:32.070 --> 00:07:43.620 Sam Liebowitz, The Conscious Consultant: And it and I guess this essay kind of grew out of a bit of my frustration with the personal development, industry, because so much of it, not all of it, there are some amazing wonderful teachers, many of them have had on my show.

00:07:44.610 --> 00:07:53.100 Sam Liebowitz, The Conscious Consultant: But they're amazing teachers out there, but there are a lot that their whole purpose is to get you to keep coming back.

00:07:53.640 --> 00:08:09.810 Sam Liebowitz, The Conscious Consultant: it's to enroll you into the next thing, and the next thing, and the next thing and they don't empower you to enroll yourself into your next big thing they don't empower you to to rely on yourself and not on them.

00:08:11.010 --> 00:08:21.300 Sam Liebowitz, The Conscious Consultant: Now look, this is not to say that there are not great strategies out there, that there are not things to learn that they're not wonderful techniques that can be really useful absolutely there are.

00:08:21.570 --> 00:08:31.320 Sam Liebowitz, The Conscious Consultant: Look, I work with people all right, I I I facilitate people in in many different ways i'm not saying you shouldn't work with a mentor or facilitator.

00:08:33.660 --> 00:08:34.980 Sam Liebowitz, The Conscious Consultant: But work with one.

00:08:36.060 --> 00:08:39.240 Sam Liebowitz, The Conscious Consultant: Who, you can feel, and you know from the beginning.

00:08:40.650 --> 00:08:47.010 Sam Liebowitz, The Conscious Consultant: That their main interest is getting you to a place where you don't even feel you need them anymore.

00:08:47.970 --> 00:08:56.010 Sam Liebowitz, The Conscious Consultant: That your desire to work with someone is out of joy, not out of pain or guilt or shame or trauma.

00:08:56.940 --> 00:09:04.350 Sam Liebowitz, The Conscious Consultant: And that's what I try and do with my clients and many of them have have said they really appreciate that aspect of it.

00:09:05.190 --> 00:09:13.260 Sam Liebowitz, The Conscious Consultant: Alright, so a wonderful quote from everyday awakening available on Amazon Barnes and noble all over the place, and actually.

00:09:14.160 --> 00:09:18.330 Sam Liebowitz, The Conscious Consultant: If you go to your independent bookstore i'm a big believer in like supporting the independent bookstores.

00:09:18.630 --> 00:09:26.940 Sam Liebowitz, The Conscious Consultant: You can ask them to order it and they can order it because we are listed on ingram and ingram cells to as a distributor goes to all the big bookstores so.

00:09:27.240 --> 00:09:37.470 Sam Liebowitz, The Conscious Consultant: On small bookstores so code here independent bookstore if you haven't gotten a copy yet and say hey there's this book every day awakening the author Sam leibowitz could you order it for me.

00:09:38.010 --> 00:09:48.510 Sam Liebowitz, The Conscious Consultant: they'll appreciate the business and and I would appreciate it and and really these small bookstores they really they do a lot a lot for our community in our neighborhoods okay.

00:09:49.200 --> 00:09:53.910 Sam Liebowitz, The Conscious Consultant: enough about that I want to introduce to you my guests plural for the day.

00:09:54.540 --> 00:10:03.450 Sam Liebowitz, The Conscious Consultant: And it is my pleasure to welcome to the show master prosperity coach and author Joel Solomon Joel is a finance and mindful money expert.

00:10:03.720 --> 00:10:10.050 Sam Liebowitz, The Conscious Consultant: and master prosperity coach who helps others overcome obstacles standing in the way of their financial freedom.

00:10:10.290 --> 00:10:21.150 Sam Liebowitz, The Conscious Consultant: he's an award winning speaker workshop facilitator has been quoted in The Wall Street Journal newsday us news and world report and interviewed on forbes and on Bloomberg radio.

00:10:21.480 --> 00:10:30.120 Sam Liebowitz, The Conscious Consultant: As a manager of a $700 million portfolio the creator of his own successful hedge fund and the author of two best selling books.

00:10:30.420 --> 00:10:38.790 Sam Liebowitz, The Conscious Consultant: The nine money rules millionaires to use and mindful money management Joe was an expert in the field of finance and the mindset of money.

00:10:39.120 --> 00:10:44.790 Sam Liebowitz, The Conscious Consultant: becoming a certified infinite possibilities trainer from our dear friend Mike Dooley we love Mike Dooley here.

00:10:45.300 --> 00:10:58.320 Sam Liebowitz, The Conscious Consultant: And trailblazer in 2017 he ignited a dream and it ignited a dream and joel's heart to help over 100,000 people become financially free so they too could live a life of their dreams.

00:10:58.680 --> 00:11:09.300 Sam Liebowitz, The Conscious Consultant: see a person like myself dedicated to service as well, I would also like to welcome molly Singh, who is a university professor author and it program manager.

00:11:09.540 --> 00:11:15.600 Sam Liebowitz, The Conscious Consultant: She earned her MBA in global business she's also a certified infinite possibilities trainer.

00:11:15.900 --> 00:11:20.190 Sam Liebowitz, The Conscious Consultant: And a gottman seven principles leader i'm going to have to ask her about that I have no idea what that is.

00:11:20.460 --> 00:11:34.620 Sam Liebowitz, The Conscious Consultant: She enjoys mentoring individuals couples and business professionals achieving their personal and professional goals by helping them live with intention designing and living their best lives with love, welcome to the conscious consultant our Joel and molly.

00:11:35.790 --> 00:11:40.140 JOEL SALOMON: Thanks so much Sam great to be here really appreciate you having us on.

00:11:41.100 --> 00:11:42.000 Mollie Singh: Yes, thank you again.

00:11:42.630 --> 00:11:56.070 Sam Liebowitz, The Conscious Consultant: john you're most welcome you're most welcome well i'm glad that that today brings you to our show because I really feel that sometimes this the conversation around money is one that.

00:11:56.910 --> 00:12:04.470 Sam Liebowitz, The Conscious Consultant: We don't have like it's something that should be taught in school when we're in like fifth grade or something or sixth grade.

00:12:04.830 --> 00:12:12.240 Sam Liebowitz, The Conscious Consultant: And, and we never are and and it's something that sometimes I think there's a lot of shame around just having that conversation or.

00:12:12.450 --> 00:12:20.790 Sam Liebowitz, The Conscious Consultant: it's like oh no we don't talk about money you don't talk about money with your friends that that's personal stuff you don't want to do that, did you find that Joel.

00:12:21.870 --> 00:12:32.100 JOEL SALOMON: Absolutely, and I think it comes from how we grew up right at least how I grew up and i'm sure how many of your listeners grew up you know it's a.

00:12:33.000 --> 00:12:46.050 JOEL SALOMON: peg your parents don't talk about it, they don't talk about it with you growing up it's not a conversation it's almost like the same as the sex conversation you just don't have any given I was given a book on sex, I wasn't even given a book on money you.

00:12:47.490 --> 00:12:48.450 Sam Liebowitz, The Conscious Consultant: Know book on money.

00:12:48.930 --> 00:12:53.160 JOEL SALOMON: You know there's there was no book, I was taught so there's no conversation that's being hacked.

00:12:53.760 --> 00:12:55.170 JOEL SALOMON: And so that's the problem.

00:12:55.380 --> 00:13:04.440 JOEL SALOMON: I think and and you're right yeah i've actually started teaching some youngsters I taught in stamford Connecticut a group in high school.

00:13:04.860 --> 00:13:17.610 JOEL SALOMON: And you know these concepts that molly and I are teaching in this book, so I think it's really, really important to get to the younger generation because it's true you know parents aren't teaching their kids or if they are the kids are learning.

00:13:18.240 --> 00:13:27.630 JOEL SALOMON: subconsciously through ups Moses, you know right we got to where that money doesn't grow on trees, you know we go down a different island the toys R Us or we used to.

00:13:28.800 --> 00:13:35.220 JOEL SALOMON: You know, so that they avoid the toys that they can afford, you know that that whole process is not helpful.

00:13:35.700 --> 00:13:44.070 Sam Liebowitz, The Conscious Consultant: yeah I mean my my whole recollection of the money conversation I was a kid is my mom always yelling at my dad that she didn't have enough money for the household and.

00:13:45.060 --> 00:13:49.230 Sam Liebowitz, The Conscious Consultant: that's all so it was always a very scarcity mentality and the funny thing is.

00:13:49.650 --> 00:13:57.360 Sam Liebowitz, The Conscious Consultant: God, I mean my mom was just a school teacher but man, she was good, with money, she accumulated a lot of money over her lifetime you wouldn't think of it.

00:13:57.630 --> 00:14:07.530 Sam Liebowitz, The Conscious Consultant: To look, I mean you know she was always clipping the coupons always being very, very frugal but by the time she passed away she had actually amassed quite a decent.

00:14:08.280 --> 00:14:15.660 Sam Liebowitz, The Conscious Consultant: estate not not huge not you know gigantic but much bigger than you would have ever thought just looking at how she lived her life.

00:14:18.210 --> 00:14:31.320 Sam Liebowitz, The Conscious Consultant: Okay, and molly just just real real real quick as we gotta go to break second and the money conversation actually transcends cultural things doesn't it, I mean coming from different cultural backgrounds those challenges tend to be pretty similar don't they.

00:14:32.430 --> 00:14:35.190 Mollie Singh: So I think that many, I think that money does.

00:14:36.390 --> 00:14:41.280 Mollie Singh: Money is just an issue I think for everybody, everyone considers it taboo to talk about.

00:14:42.240 --> 00:14:49.980 Mollie Singh: You either the messages are very mixed it's either pretend like you have a lot or in at home, you say you don't have anything.

00:14:50.490 --> 00:15:08.910 Mollie Singh: So the mixed messages or what's the biggest thing that you're going to find, but between couples it's one of the biggest arguments that people have and it's one of the biggest reasons people get divorced, which is why we're we've come together talking about love and money.

00:15:10.020 --> 00:15:18.810 Sam Liebowitz, The Conscious Consultant: Beautiful beautiful okay so we're going to go to our first break when we come back, I just wanted to ask you guys about how the two of you met, how did you come together to work on this project.

00:15:19.110 --> 00:15:32.250 Sam Liebowitz, The Conscious Consultant: And then, why you know why did you so focus on on money in terms of your careers and education, and you know why why this topic like what about it resonated with the two of you that you decided to really.

00:15:32.850 --> 00:15:38.400 Sam Liebowitz, The Conscious Consultant: dedicate your time your energy and your effort into talking about this conversation okay.

00:15:39.480 --> 00:15:51.210 Sam Liebowitz, The Conscious Consultant: All right, so everybody, please stay tuned you're listening to the conscious consultant our awakening humanity, we do this every Thursday 12 noon to 1pm Eastern right here on talk radio dot nyc.

00:15:52.110 --> 00:16:06.960 Sam Liebowitz, The Conscious Consultant: All over Facebook on our Facebook live video and afterwards, if you missed the live show were recorded on all the podcast platforms apple Google stitcher spotify Amazon and just a whole bunch of others as well, we will be right back after this.

00:19:06.180 --> 00:19:16.350 Sam Liebowitz, The Conscious Consultant: and welcome back everyone to the conscious consultant our awakening humanity we're speaking this hour with Joe Solomon and molly sing about their upcoming book.

00:19:16.980 --> 00:19:21.240 Sam Liebowitz, The Conscious Consultant: infinite love and money and we're talking all about the topic of money so.

00:19:21.900 --> 00:19:32.430 Sam Liebowitz, The Conscious Consultant: Joe you've been working quote unquote working with money for a long time I gotta ask you when you were a little kid were you like one of those kids who like dominated the game of Monopoly when you played with your friends.

00:19:33.930 --> 00:19:35.970 JOEL SALOMON: I did do pretty well in monopoly.

00:19:36.900 --> 00:19:38.520 JOEL SALOMON: My kids also do quite well.

00:19:38.520 --> 00:19:40.350 JOEL SALOMON: Monopolies well yeah.

00:19:41.130 --> 00:19:57.750 Sam Liebowitz, The Conscious Consultant: Okay um and uh i'm molly your university professor you've got an MBA what made you decide that you wanted to help people around this topic of money was there some personal experience or was it just a need that you saw.

00:19:58.770 --> 00:20:16.050 Mollie Singh: No, I come together with Joel from the perspective of being as seven principles leader through the gottman course which Dr john gottman wrote the seven principles that make a marriage work and, for me, I do a lot of work with couples around.

00:20:17.100 --> 00:20:35.460 Mollie Singh: Creating a conscious coupling to being present with each other to diving deeper into their who they are, as people and then who they can become it as a couple because of it, I wrote a book infinitely loving it's a workbook for couples to dive deeper into.

00:20:36.570 --> 00:20:37.260 Mollie Singh: and

00:20:38.550 --> 00:20:46.830 Mollie Singh: So Joel and I came together with that in mind, because we bring those two unique perspectives together now, I do have a background.

00:20:47.550 --> 00:20:52.680 Sam Liebowitz, The Conscious Consultant: Just one quick question just, just to clarify for my audience I don't want any confusion, you and Joe are not married.

00:20:53.070 --> 00:21:03.810 Sam Liebowitz, The Conscious Consultant: No, no you're not you're not partners that way, so I just just wanted to be clear for my audience, because you know it's easy because i've had many couples on my show over the years, so I just want to be clear about that.

00:21:04.410 --> 00:21:06.750 Mollie Singh: No we're writing partners and friends.

00:21:07.530 --> 00:21:14.700 Mollie Singh: Okay, God, how we came together and we found out, we were both writing a book around the same time.

00:21:16.350 --> 00:21:32.910 Mollie Singh: And so, he found out what book, I was writing and I found out what book he was right and he actually had the greatest idea to join forces and together and say hey you know, money is a big reason people couples don't work out and so to that end we've worked together and.

00:21:34.050 --> 00:21:34.560 Mollie Singh: Wonderful.

00:21:34.590 --> 00:21:37.140 Sam Liebowitz, The Conscious Consultant: Wonderful so How did the two of you initially meet.

00:21:38.130 --> 00:21:40.320 JOEL SALOMON: So we actually met through Mike Dooley.

00:21:41.790 --> 00:21:54.420 JOEL SALOMON: Where we were both in fact we didn't we were both certified in 2017 and Santa fe new Mexico we'd actually meet each other, but the next year in 2018 we were both speakers.

00:21:54.720 --> 00:22:03.840 JOEL SALOMON: At my true Mike julie's infinite possibilities train the trainer and that's when we really got to know each other and and a couple months later, I was jogging.

00:22:04.200 --> 00:22:21.090 JOEL SALOMON: I jog every day and I was jogging around my house and I had this Aha moment that molly and I should work together, she has a mate you know she's a master couples coach and I knew I had actually had a conversation with one of my clients which.

00:22:22.110 --> 00:22:30.780 JOEL SALOMON: Is, which was the impetus for this, and he had and i've been working with them and we had been taught I was working with his mindset around money.

00:22:31.440 --> 00:22:45.510 JOEL SALOMON: And we started getting getting into some negative cash flow issues that he had and and I said to him, you know, we should probably have he's married and we should probably have a conversation with you and your wife he's like no i'm the money guy.

00:22:45.870 --> 00:22:47.940 JOEL SALOMON: She she doesn't need to know anything she.

00:22:47.970 --> 00:22:56.640 JOEL SALOMON: She doesn't know anything and I thought to myself, this can be a good way to manage your your communication or your money.

00:22:57.030 --> 00:23:03.930 JOEL SALOMON: And then, while I was jogging the next day is like molly and I need to get together this couple is not on like.

00:23:04.350 --> 00:23:19.080 JOEL SALOMON: The world, the world has a lack of communication about money molly's the expert here we need together get together and I first thought you know workshop or seminar and then it's like wait it's write a book together that can really be of service to others.

00:23:19.500 --> 00:23:28.890 Sam Liebowitz, The Conscious Consultant: yeah yeah no I love that I love the idea I love collaboration like that i'm in a couple of collaborations at the moment myself working with a couple of people to develop some classes.

00:23:29.430 --> 00:23:42.270 Sam Liebowitz, The Conscious Consultant: um so molly What did you think when Joe first kind of came to you and said hey you're reading a book i'm writing a book why don't we do something together was your initial reaction year great idea was your initial reaction I don't know, let me think about that.

00:23:42.960 --> 00:23:50.670 Mollie Singh: She took me no time at all to think about it, it was so perfect the idea was perfect we're both.

00:23:51.780 --> 00:24:04.380 Mollie Singh: We both believe in law of attraction and we're both versed in trainers and have lasers through infinite possibilities so combining that work with our individual works just with a national.

00:24:05.880 --> 00:24:19.740 Sam Liebowitz, The Conscious Consultant: Wonderful wonderful and so just just out of curiosity you both were working on two books sort of independently first before this happened, so what book were you working on molly and what book, are you working on Joe before you decided to join forces.

00:24:21.330 --> 00:24:25.590 Mollie Singh: So I was working on my book infinitely loving it's a couple's workbook.

00:24:26.760 --> 00:24:31.350 Mollie Singh: workbook that will bring that asks the deeper questions of connection.

00:24:32.370 --> 00:24:48.510 Mollie Singh: What do you think of life, use the word to describe it, why do you think this way where did you come to that definition from what, in your history body to describing life in this manner and, if you want it to change and, if so, how do you want it to change yeah.

00:24:48.810 --> 00:24:49.350 Sam Liebowitz, The Conscious Consultant: And how about you.

00:24:49.950 --> 00:24:54.030 Mollie Singh: Book kind of follows that pattern of talking about.

00:24:55.290 --> 00:25:06.360 Mollie Singh: Who, you are, as a person, because, as you said, in the very beginning we're not broken, we just need to understand each other at our core levels and once we do that we can grow together.

00:25:06.840 --> 00:25:22.980 Mollie Singh: And so that was the idea of the book and then also you know complex aren't an issue it's just had the repair how you repair from those conflicts are our key but combining it with joel's work because money is either, depending on what study you look at number one or number two further.

00:25:24.450 --> 00:25:26.880 Sam Liebowitz, The Conscious Consultant: And so, Joe what are you working on at the time.

00:25:27.330 --> 00:25:39.990 JOEL SALOMON: I was working on the nine money rules millionaires use only conventional ones, and this was, this is a book about it's mostly a spiritual book about money, the spiritual laws around money.

00:25:40.410 --> 00:25:49.920 JOEL SALOMON: You know rule number one is when you believe will number two is trust your intuition rule number three is can happiness make you money.

00:25:51.750 --> 00:25:52.680 Sam Liebowitz, The Conscious Consultant: love that love that.

00:25:53.010 --> 00:26:09.480 JOEL SALOMON: yeah, and so I go through a lot of spiritual rules, and so what we did was that book really wasn't targeted to couples per se, so the whole purpose was to combine forces so that we really target, you know, the issue that couples have around communicating around money.

00:26:09.540 --> 00:26:17.820 Sam Liebowitz, The Conscious Consultant: Great I love that I love that well, what do you think is the number one misconception that people have around money.

00:26:21.540 --> 00:26:22.170 JOEL SALOMON: Great question.

00:26:24.030 --> 00:26:25.470 Sam Liebowitz, The Conscious Consultant: I can tell the gears are turning there.

00:26:28.470 --> 00:26:33.870 JOEL SALOMON: So I think, for me the number one miss conception, is that.

00:26:35.550 --> 00:26:39.000 JOEL SALOMON: scarcity there's like there's a lack of money.

00:26:40.170 --> 00:26:59.910 JOEL SALOMON: You know there's never enough and that's what I was taught growing up, I think that's what you know the 99% of us are taught and it's not true, I mean rose $400 trillion of net worth on this earth, and that was $1 trillion 100 years ago so.

00:26:59.970 --> 00:27:09.390 JOEL SALOMON: Right exactly creating wealth and abundance everyday through awesome ideas and it's unlimited it's really truly unlimited so.

00:27:09.420 --> 00:27:10.380 Sam Liebowitz, The Conscious Consultant: yeah I think.

00:27:10.440 --> 00:27:17.910 Sam Liebowitz, The Conscious Consultant: I agree with you 100% and I always say it there's no lack of resources is only a lack of imagination.

00:27:18.540 --> 00:27:31.740 Sam Liebowitz, The Conscious Consultant: And I used as the example and I forget, where I got the idea for this example from but you know we talked about lack of resources here, sometimes, but if we look above our heads there's this huge.

00:27:32.850 --> 00:27:41.790 Sam Liebowitz, The Conscious Consultant: Complex of asteroids and really you know rotating around the sun, that if we just figured out how to get there just one.

00:27:42.120 --> 00:27:50.490 Sam Liebowitz, The Conscious Consultant: One asteroids in the asteroid belt that we could mind, we could get more nickel cadmium silver gold than has ever been mined in all of.

00:27:51.030 --> 00:28:00.480 Sam Liebowitz, The Conscious Consultant: The history of the world, so there's plenty of resources out there, we just got to figure out and use our imagination and our ingenuity, for how to access it.

00:28:01.320 --> 00:28:09.750 Mollie Singh: So for couples, what I find is the biggest problem they have with money is that they think it's a binary choice if.

00:28:10.530 --> 00:28:16.410 Mollie Singh: We spend for him, or we spend, for me, or we do what she wants, or we do, what I want.

00:28:17.490 --> 00:28:24.450 Mollie Singh: And again coming back to both of your points it's not that we can do both we can find a way to do both.

00:28:24.900 --> 00:28:25.800 Sam Liebowitz, The Conscious Consultant: Right right.

00:28:25.860 --> 00:28:26.670 Sam Liebowitz, The Conscious Consultant: Right it's not.

00:28:26.700 --> 00:28:28.350 Sam Liebowitz, The Conscious Consultant: Either or it's and.

00:28:29.400 --> 00:28:41.700 Sam Liebowitz, The Conscious Consultant: yeah totally absolutely okay great so when we come back, I want to ask you about the difference between how men and women view money do they view it the same or do they view it differently okay molly.

00:28:42.060 --> 00:28:51.360 Sam Liebowitz, The Conscious Consultant: So, think about that we're going to take a quick break everyone, please stay tuned you're listening to the conscious consultant our awakening humanity, we do this every Thursday.

00:28:51.630 --> 00:29:03.360 Sam Liebowitz, The Conscious Consultant: 12 noon to 1pm Eastern right here on talk radio dot nyc we're talking today with Joel Salomon and molly seeing co authors of the upcoming book infinite love and money and we'll be right back.

00:31:53.160 --> 00:32:06.030 Sam Liebowitz, The Conscious Consultant: and welcome back to the conscious consultant our awakening humanity very pleased that everyone is with us joining us today we in our conversation all around money.

00:32:07.140 --> 00:32:17.310 Sam Liebowitz, The Conscious Consultant: topic we talked about once in a while, on the show i've had on some money people definitely worth going back in the archives taking a look at my interview with natalie pace we had her on.

00:32:18.060 --> 00:32:31.230 Sam Liebowitz, The Conscious Consultant: I was the last time we had him on a couple of times but she's really good person to as well talk about this whole conversation around money so molly i'm sure you're familiar with the book men are from Mars, women are from Venus right.

00:32:33.240 --> 00:32:33.900 Mollie Singh: Absolutely.

00:32:34.380 --> 00:32:35.610 Sam Liebowitz, The Conscious Consultant: Alright, so.

00:32:36.810 --> 00:32:45.540 Sam Liebowitz, The Conscious Consultant: Given that, given that book do men and women think differently about money, or are we kind do we kind of look at it the same way.

00:32:47.700 --> 00:32:49.830 Mollie Singh: You know I I feel like.

00:32:50.940 --> 00:32:54.360 Mollie Singh: A lot of this has more to do with your upbringing.

00:32:54.840 --> 00:32:55.890 Mollie Singh: And how you.

00:32:55.950 --> 00:33:05.220 Mollie Singh: Use your money so, for example, um do do we have a scarcity mentality, because that's how we grew up or do we.

00:33:06.900 --> 00:33:16.230 Mollie Singh: Do we spend a lot of money, or do we do, we have an abundant outlook, because that's how we grew up, there are some people, if you look at.

00:33:17.250 --> 00:33:24.390 Mollie Singh: You can look at two kids from the same household and one person is going to scrimp and save and and do everything else in the other person is going to say no, no.

00:33:24.690 --> 00:33:40.020 Mollie Singh: i'm going to spend everything and why do they grow up it's the perceptions that they individually had at in there in in how they were raised by the same parents in the same House, so I think sometimes it just depends on your personal outlook.

00:33:40.830 --> 00:33:44.220 Sam Liebowitz, The Conscious Consultant: gotcha gotcha so it's a very individual thing you're saying.

00:33:44.370 --> 00:33:44.640 hi.

00:33:46.260 --> 00:34:01.110 Sam Liebowitz, The Conscious Consultant: So, Chris I would just just curious Joe do you find you know you mentioned before, about the couple where the guide said he takes care of all the money the woman doesn't know anything about money, do you find that that very common, or does the roles flip both ways.

00:34:01.560 --> 00:34:13.020 JOEL SALOMON: I think it flips both ways I thought i've had clients, you know guys who don't know anything about money, and you know don't don't want to know you know and.

00:34:13.350 --> 00:34:19.590 JOEL SALOMON: And one of the things we talked about in the book we created the seven money personality types that's the unconscious ones.

00:34:19.890 --> 00:34:34.860 JOEL SALOMON: So, in the first example I gave you with the guy who said i'm the money guy so my wife doesn't want to know she's the unconscious one right and he was the investor type, so we have seven money personality types we created, and you know that can create conflict.

00:34:35.640 --> 00:34:43.350 JOEL SALOMON: So you two completely different money personality types and you have you want to go in a certain direction and your partner wants to go in a different direction.

00:34:43.710 --> 00:34:53.550 JOEL SALOMON: And so molly gets into this a lot in the book talking about you know, conflict resolution, you know and how you know it's good to have differences yeah.

00:34:53.880 --> 00:35:05.280 Sam Liebowitz, The Conscious Consultant: Absolutely, I mean and and I am you know I feel sometimes a little bit more sensitive to the ideas of cultural sensitivity around also money issues, because my wife is from China.

00:35:05.730 --> 00:35:15.060 Sam Liebowitz, The Conscious Consultant: And in China it's kind of differently, I mean she tells me it's very common in China, where the man is going out and he's working hard and supporting the family.

00:35:15.330 --> 00:35:25.860 Sam Liebowitz, The Conscious Consultant: But then he comes home he gives everything to the wife and the wife manages the budget for the household and the wife is the one who takes care of all the the paying the bills and doing everything but also like.

00:35:27.060 --> 00:35:34.890 Sam Liebowitz, The Conscious Consultant: And again, this is, you know she she emigrated from China like over 20 years ago, but she was an adult when she came over but, at the time.

00:35:35.550 --> 00:35:45.120 Sam Liebowitz, The Conscious Consultant: She also again very, very frugal many Chinese households they don't spend a lot of money on the the quote unquote what.

00:35:45.450 --> 00:36:00.000 Sam Liebowitz, The Conscious Consultant: frivolous what they considered frivolous things that we consider like just standard lifestyle expenses, but they save like 50% of what they make any year which for Americans is like what like what what's the average savings rate for American is it like two or 3% a year.

00:36:00.780 --> 00:36:01.590 JOEL SALOMON: Probably zero.

00:36:03.330 --> 00:36:12.900 Sam Liebowitz, The Conscious Consultant: Exactly, so it just blows my mind, you know that that there are these different societal norms yet yet how we feel about it can be very similar.

00:36:14.700 --> 00:36:26.790 Mollie Singh: I think it comes down to the feeling of safety, so when when women want to feel safe, if I have to break it down by gender, I will say that women want that feeling of safety.

00:36:27.150 --> 00:36:35.820 Mollie Singh: And so, women tend to be at least from what my experiences and dealing with couples, they tend to be aware of what's happening.

00:36:37.140 --> 00:36:38.730 Mollie Singh: When i'm talking to couples.

00:36:40.080 --> 00:36:51.870 Mollie Singh: parable that that follows through the through our book that proceeds many of the chapters, it talks about a husband and wife, who are actually going through mediation process of their in divorce.

00:36:53.700 --> 00:37:03.720 Mollie Singh: And that parable actually follows the couple who the woman was the conscious person who knew everything about how you know what.

00:37:05.430 --> 00:37:07.920 Mollie Singh: The practicalities of what your.

00:37:08.400 --> 00:37:22.470 Mollie Singh: Your interest rates are or what you know how to save or we're not to spend or your credit rating, etc, and the man was unconscious Now I will tell you that this is a true story, this was my story from me and my ex husband and.

00:37:23.130 --> 00:37:27.840 Mollie Singh: ended up divorcing because of it, which again leads to why this was so.

00:37:30.120 --> 00:37:31.380 Sam Liebowitz, The Conscious Consultant: yeah yeah.

00:37:32.490 --> 00:37:36.570 Sam Liebowitz, The Conscious Consultant: Joe, why is the word budgets such a dirty word for so many people.

00:37:37.860 --> 00:37:42.150 JOEL SALOMON: yeah I think it's it's the same reason why money is the taboo topic.

00:37:42.660 --> 00:37:50.370 JOEL SALOMON: it's just it's the same reason, people don't want to talk about but it's a lot of people are the unconscious money type.

00:37:51.000 --> 00:38:02.190 JOEL SALOMON: Which means they have their head in the sand and they don't want to know so when you when you propose budgeting to them, which is actually rule number seven in the NIH money rules.

00:38:02.280 --> 00:38:09.210 JOEL SALOMON: Ah it's it and, by the way, more than 80% of millionaires budget more than 80% of.

00:38:09.480 --> 00:38:10.050 JOEL SALOMON: Our budget.

00:38:10.110 --> 00:38:10.590 JOEL SALOMON: So.

00:38:11.250 --> 00:38:19.530 JOEL SALOMON: If you want to be like a millionaire budget but yeah The reason is most people are you know they don't want to know and and look.

00:38:20.070 --> 00:38:32.100 JOEL SALOMON: Just what we talked about the savings rate at least here in the United States is not great, and so you don't you don't really want to know the bad news you'd rather have your head in the sand.

00:38:32.610 --> 00:38:39.720 JOEL SALOMON: josh and so that's why you know actually going through and seeing where the money is going and then having to be a little bit more.

00:38:40.230 --> 00:38:52.260 JOEL SALOMON: You know, you can you can decide right, you can have more of a you know lack mentality, or you could think about the upside you know this huge amount of abundance and prosperity in the world.

00:38:52.500 --> 00:38:56.520 JOEL SALOMON: And i'm going to create more of that in my life, rather than cutting back cutting back coming back.

00:38:59.700 --> 00:39:00.330 Sam Liebowitz, The Conscious Consultant: I did.

00:39:00.750 --> 00:39:14.190 Mollie Singh: also carries a constricting connotation, where I have to construct, and then it feels you know, like you're lacking something and it doesn't feel abundant in any way, but.

00:39:15.000 --> 00:39:23.520 Mollie Singh: I think that that comes down to your emotions around that word and we talked about this in our book as well, what are your emotions around these words.

00:39:24.120 --> 00:39:25.230 Sam Liebowitz, The Conscious Consultant: Right right.

00:39:25.470 --> 00:39:35.520 Mollie Singh: You how, how can we work with the emotions not fix the emotions because, again, as you mentioned before we're not broken not fix them understand them and move forward together with them.

00:39:36.750 --> 00:39:38.220 JOEL SALOMON: Because that could be a trigger word for.

00:39:38.220 --> 00:39:38.970 JOEL SALOMON: Some people.

00:39:39.180 --> 00:39:50.550 JOEL SALOMON: It can be a and you get really angry or fearful when you hear that word so knowing what the emotion is attached to and we actually go through this in the book, we have all these lists of money words.

00:39:51.060 --> 00:40:00.990 JOEL SALOMON: That, and you know, had, how do you feel when you hear this word so that's really important to go through as well in the book, as well as the money personality types figuring out which one you are.

00:40:01.290 --> 00:40:09.600 JOEL SALOMON: By the way, we have a survey in the book, which will be on a couple months, but if anyone wants to survey will give you access to that will tell you how to get that as well.

00:40:09.630 --> 00:40:12.720 Sam Liebowitz, The Conscious Consultant: Oh wonderful wonderful and how many money personality types are there.

00:40:13.140 --> 00:40:14.850 Sam Liebowitz, The Conscious Consultant: seven seven.

00:40:14.880 --> 00:40:19.770 JOEL SALOMON: Interesting interesting oh here's the acronym to remember them Shebaa pie.

00:40:20.700 --> 00:40:29.370 JOEL SALOMON: Chicago pie that's the S stands for the splurge years you stands for the unconscious ones we've already talked about G for the greedy ones.

00:40:29.760 --> 00:40:39.840 JOEL SALOMON: A for accumulators and then pi P for protectionists they just want to protect their money they don't want to put their money into any account, they just bought it.

00:40:40.500 --> 00:40:51.960 JOEL SALOMON: Is the investors and use the ego tests, they got all seven now you could just get determine which one you are and, by the way we found out that you're usually not just one.

00:40:53.130 --> 00:40:53.610 JOEL SALOMON: On one.

00:40:54.060 --> 00:40:55.350 JOEL SALOMON: And the other thing.

00:40:55.380 --> 00:41:06.180 JOEL SALOMON: This is not myers briggs, at least in our perspective, we believe that your money personality type changes over time and in different circumstances so you're not just an investor.

00:41:06.720 --> 00:41:12.750 JOEL SALOMON: But you may be an investor in a particular circumstances in one particular circumstance, but then not in another.

00:41:13.320 --> 00:41:30.390 JOEL SALOMON: And so, knowing how you in what circumstance you act in a certain way, and then it could be who you're with it could be over time when you're younger, you might act like you know, a splurge and then, when you get older, you might act like you know the accumulated saver right.

00:41:30.570 --> 00:41:49.620 Sam Liebowitz, The Conscious Consultant: Right and people molly like people can be have a very successful career or they've built a successful business and they could still be unconscious about their money right it's not it's not like your level of success doesn't determine your level of consciousness around money does it.

00:41:50.040 --> 00:41:57.390 Mollie Singh: No, no, not at all and Joel Joel can answer this more directly, but I, in terms of couples, I can tell you.

00:41:57.720 --> 00:42:14.340 Mollie Singh: That know that has very little to do with it again, a lot of this comes back to your history with money or your how you've been brought up and how you feel about looking at your finances or looking at your budget, you can be hugely successful and still unaware right.

00:42:14.700 --> 00:42:15.840 JOEL SALOMON: yeah no I there's.

00:42:15.870 --> 00:42:20.130 JOEL SALOMON: plenty of examples I found that in fact one client I had.

00:42:21.600 --> 00:42:30.720 JOEL SALOMON: You know, he the net earnings so after taxes was seven figures over a million dollars and no warrant saving anything.

00:42:31.350 --> 00:42:42.450 JOEL SALOMON: wow so like a magical and that just comes from this this perspective of lack and and splurging and having the mindset of lack and poverty.

00:42:42.840 --> 00:42:53.220 JOEL SALOMON: And so there's no savings going on there and it's all about how you were brought up you know it's never enough so it doesn't matter if you're generating more.

00:42:54.120 --> 00:42:57.900 Sam Liebowitz, The Conscious Consultant: Revenue It reminds me of that statistic that like.

00:42:58.560 --> 00:43:06.510 Sam Liebowitz, The Conscious Consultant: What is it like 95% of lotto winners in five years or back to where they were before they want or worse off.

00:43:09.060 --> 00:43:16.500 JOEL SALOMON: From my my last book actually and I have a whole section on the reason why that's true, and the reason why it's true is back to mindset.

00:43:16.800 --> 00:43:24.900 JOEL SALOMON: yeah they didn't they didn't become a millionaire they get became a millionaire but they didn't become a millionaire mindset person.

00:43:25.320 --> 00:43:25.740 Sam Liebowitz, The Conscious Consultant: Right.

00:43:25.890 --> 00:43:26.910 JOEL SALOMON: Right and so.

00:43:27.000 --> 00:43:28.350 JOEL SALOMON: My real critical.

00:43:28.620 --> 00:43:40.290 Sam Liebowitz, The Conscious Consultant: I want to ask you a question just really quickly before we go to break so many people are so educated around how money, how they feel about money, their consciousness around money.

00:43:41.130 --> 00:43:57.480 Sam Liebowitz, The Conscious Consultant: How come there aren't more people like going out there, trying to get educated about it it's like you know it's one thing to like say okay I just don't know much about it, but then it's another thing to say I don't know much about it and, like I don't want to learn about it.

00:43:59.250 --> 00:44:14.820 Mollie Singh: Well, I think it's because it goes back to that being a taboo subject, where we have so much fear around money or it or talking about money or being superstitious that Oh, I have this now I don't want to spend it.

00:44:16.020 --> 00:44:27.840 Mollie Singh: I know a couple who made seven figures and they are now have stopped investing and we had to have that conversation to say Okay, you have.

00:44:28.290 --> 00:44:40.110 Mollie Singh: You know you have a few million dollars now don't you want to grow that a little bit more, you need to start investing and then suddenly now that they've got a few million they're like okay we're protecting everything and they just stopped investing.

00:44:40.380 --> 00:44:41.160 Ah.

00:44:42.240 --> 00:44:51.390 Mollie Singh: it's again that taboo subject it's the fear it's it's not thinking abundantly like well let's multiply this let's grow this.

00:44:51.780 --> 00:45:02.670 JOEL SALOMON: yeah I think it's definitely what molly said the emotions attached to right subject and that's why it's just there's not the education that's being done out there and that's why we're here.

00:45:03.030 --> 00:45:07.830 Sam Liebowitz, The Conscious Consultant: yeah that's why you guys are definitely needed and i'm so glad you're doing what you're doing okay.

00:45:08.310 --> 00:45:16.530 Sam Liebowitz, The Conscious Consultant: time for our last break of the show when we come back, I want to talk a little bit more about your upcoming book infinite love and money and want to know where you got that title from and.

00:45:17.070 --> 00:45:22.740 Sam Liebowitz, The Conscious Consultant: And i'm wondering if just you have some advice for people listening like Where do they get started, like maybe they're.

00:45:23.100 --> 00:45:33.480 Sam Liebowitz, The Conscious Consultant: Okay they're not struggling, but like what do they do to start educating themselves about it, and I do see loyal listener patty on the Facebook live waving hi hi patty.

00:45:33.750 --> 00:45:39.360 Sam Liebowitz, The Conscious Consultant: And this is your last chance anybody listening on the Facebook live, let us know if you have any questions before the end of the show.

00:45:39.690 --> 00:45:52.350 Sam Liebowitz, The Conscious Consultant: So everyone, please stay tuned you're listening to the conscious consultant our awakening humanity or my guests these hour this hour has been Joe Solomon and molly sing and we will be right back to wrap this up after this.

00:48:11.130 --> 00:48:15.810 Sam Liebowitz, The Conscious Consultant: and welcome back to the conscious consultant our awakening humanity.

00:48:16.980 --> 00:48:22.950 Sam Liebowitz, The Conscious Consultant: molly we added the title for the book your upcoming book infinite love and money where'd you get the title from.

00:48:24.150 --> 00:48:39.000 Mollie Singh: So um I got the title for my own book infinitely loving and combining it with jewels many rules so infinite we want to share infinite love and money and how to have that with people.

00:48:39.720 --> 00:48:44.280 Sam Liebowitz, The Conscious Consultant: I see I see and and would you say, the two are interrelated.

00:48:45.390 --> 00:48:46.050 Mollie Singh: Of course.

00:48:49.800 --> 00:49:03.120 Sam Liebowitz, The Conscious Consultant: Absolutely absolutely so Joe I mean given you know we're in challenging economic times, right now, right, I mean more people unemployed then then there's been unemployment, since like the Great Depression.

00:49:03.690 --> 00:49:15.600 Sam Liebowitz, The Conscious Consultant: very challenging stuff yet at the same time, the stock market's going through the roof, what kind of advice, what kind of like practical tips, would you give somebody who is listening to the show, and they say you know what.

00:49:16.260 --> 00:49:20.610 Sam Liebowitz, The Conscious Consultant: I really don't know much about my money mindset I don't know much about.

00:49:22.110 --> 00:49:28.290 Sam Liebowitz, The Conscious Consultant: You know where to even start educating myself what would you recommend to those people, how would you get them started.

00:49:28.830 --> 00:49:36.900 JOEL SALOMON: I think the first, as you started out this show right it's everything's internal it's not external so you got to get to know yourself.

00:49:37.410 --> 00:49:48.720 JOEL SALOMON: Right know your emotions around money know how these words true you know, I have a financial freedom survey on my website and it's all about you know what are your subconscious beliefs around money.

00:49:49.470 --> 00:49:59.190 JOEL SALOMON: You know what what are your beliefs around, and if you hear a certain statement like I am a money magnet lucrative opportunities always come my way.

00:49:59.670 --> 00:50:14.370 JOEL SALOMON: Or, I am financially free the do you start cringing you know if you know how do you feel around these different statements do you believe that you can be rich and spiritual and a lot of people i've met no that's not possible.

00:50:14.520 --> 00:50:15.090 Sam Liebowitz, The Conscious Consultant: yeah.

00:50:15.300 --> 00:50:15.900 JOEL SALOMON: yeah, why not.

00:50:16.110 --> 00:50:24.390 JOEL SALOMON: So there's a you need to be self aware, you need to want to learn more about yourself and how you were brought up and how.

00:50:24.960 --> 00:50:39.960 JOEL SALOMON: These subconscious beliefs are impacting you today, and then we can move forward, but the first step is really understanding yourself and has a couple understanding yourself together and how you're interacting how you have Have you had arguments around money in the past.

00:50:40.980 --> 00:50:45.270 JOEL SALOMON: And why and what are your triggers and how to move forward from there.

00:50:46.260 --> 00:50:55.740 Sam Liebowitz, The Conscious Consultant: Right so molly what is the some of the key things that couples can do to keep money from becoming the thing that divides them.

00:50:56.820 --> 00:51:07.560 Mollie Singh: So I think one of the biggest things to do is to actually sit down and talk to each other, and one of the things that I always suggest is to first start with.

00:51:08.010 --> 00:51:16.440 Mollie Singh: I feel I, we have a couple of techniques in the book that and one of them's called I feel a solution.

00:51:16.890 --> 00:51:28.980 Mollie Singh: So I feel and own your feelings around whatever it is, I feel fearful about our budget I feel fearful about the word budget it it frightens me when.

00:51:29.910 --> 00:51:41.910 Mollie Singh: We have to look at our finances and then offer a solution within that let let your partner tell you in their own words first how that they understand how you feel.

00:51:42.480 --> 00:51:58.110 Mollie Singh: I hear you feel insecure yes Okay, how do we do it, what is our solution around that and then create a solution around it so really coming together and get her given take with the language with each other mm hmm.

00:51:58.890 --> 00:52:17.790 JOEL SALOMON: One of the things we have in the book is a game, called the budget game, so it making making things fun like playing the game monopoly, you know, making things fun and expecting good things to happen as opposed to worry, which I say worries just negative future planning.

00:52:18.210 --> 00:52:20.520 JOEL SALOMON: That you're thinking about what you don't want to happen.

00:52:21.300 --> 00:52:38.520 JOEL SALOMON: Right, so why not thinking about what you do so, having you know thinking about money in terms of fun and expectation, rather than worry and fear and scarcity and and all those kinds of negative feeling so like, how do you shift it play again gotcha gotcha gotcha.

00:52:39.030 --> 00:52:50.130 Sam Liebowitz, The Conscious Consultant: And sometimes you know we can get ourselves out of a difficult financial situation by also being a little creative right like one of the things I saw people doing.

00:52:51.240 --> 00:53:03.300 Sam Liebowitz, The Conscious Consultant: Who were educating themselves about money is they got themselves to that point of financial freedom, not by necessarily making a ton of money, but by simplifying their lifestyle.

00:53:03.660 --> 00:53:08.610 Sam Liebowitz, The Conscious Consultant: And by by deciding like what's really important to them what's essential.

00:53:08.970 --> 00:53:20.970 Sam Liebowitz, The Conscious Consultant: That, then, they were able to sort of cut back and not have as big overhead not have as many expenses, they got rid of their car they they downsize to smaller living quarters, because they weren't there that much at the time.

00:53:21.780 --> 00:53:34.290 Sam Liebowitz, The Conscious Consultant: And then they were able to have the freedom that now, or they move to a place, they move from place like New York City, which is ridiculously expensive to live to a place that that less expensive to live, so their money went a longer way so.

00:53:34.530 --> 00:53:40.260 Sam Liebowitz, The Conscious Consultant: it's not always about oh I just I gotta just make more money that's not always, the solution is it.

00:53:40.860 --> 00:53:58.590 JOEL SALOMON: Correct so the way I define financial freedom is you have income from your passive income investments that cover your expenses, so you don't have to work, so the example is say your expenses are five that i'm using a number that makes the math easy.

00:53:58.980 --> 00:54:08.580 JOEL SALOMON: So your expenses of $5,000 a month that's $60,000 a year you didn't $1 million you're earning 6%.

00:54:09.330 --> 00:54:22.290 JOEL SALOMON: become financially free so it's you, you want to get so you can have your expenses come down to a level or invest the investments go up so either way it works to become financially free.

00:54:22.830 --> 00:54:32.970 Sam Liebowitz, The Conscious Consultant: Right right right okay so we're almost at the end of the show um so the your upcoming book it's called infinite love and money when is it going to come out.

00:54:33.840 --> 00:54:34.530 JOEL SALOMON: May 14th.

00:54:35.010 --> 00:54:40.770 Sam Liebowitz, The Conscious Consultant: May 14 wonderful wonderful and and where will it be published, where will people be able to find it.

00:54:41.640 --> 00:54:44.040 JOEL SALOMON: will get an it'll be published on Amazon.

00:54:44.940 --> 00:54:52.650 Sam Liebowitz, The Conscious Consultant: Okay wonderful wonderful and and anything coming up around the book or anything coming up in the meantime that you want to let our audience know about.

00:54:53.550 --> 00:55:05.760 JOEL SALOMON: Well, I actually on Thursday night march 18 i'm starting my next three months money miracles course which is been just mind blowing for me personally, because this is the fifth time i'm doing it.

00:55:06.060 --> 00:55:13.470 JOEL SALOMON: And the people in the course have generated over $800,000 manifest over dollars so it's pretty incredible course.

00:55:13.950 --> 00:55:15.510 Sam Liebowitz, The Conscious Consultant: And so, where would they go to find out.

00:55:15.510 --> 00:55:16.260 JOEL SALOMON: about that, how would they.

00:55:16.470 --> 00:55:19.080 Sam Liebowitz, The Conscious Consultant: How would they get in touch with you and learn all that good stuff.

00:55:19.350 --> 00:55:27.690 JOEL SALOMON: So it's on my website as solemn or.com SA la you are mr.com it's named after my daughter's lauren and Morgan.

00:55:28.620 --> 00:55:37.710 JOEL SALOMON: alamo.com and, by the way, we're going to so we talked a little bit about the money personality types, we want to give away a free book we're going to raffle off a free book.

00:55:38.130 --> 00:55:55.710 JOEL SALOMON: Anybody who wants to know their their money personality type they can email me Joel at SA la you are Mr calm and we'll give them will send you the survey, so you can fill it out and figure out which money personality type, you are at least today hmm.

00:55:56.100 --> 00:55:58.890 Sam Liebowitz, The Conscious Consultant: Absolutely and that's, how do you spell solemn Oregon.

00:55:59.220 --> 00:56:02.940 JOEL SALOMON: SA la you are Mr.

00:56:05.160 --> 00:56:11.340 Mollie Singh: And everyone who does that will be entered into a raffle for free book of Internet Internet mother money.

00:56:12.450 --> 00:56:18.090 Sam Liebowitz, The Conscious Consultant: got it wonderful and and for you molly if people want to get in touch with you how would they find you.

00:56:18.840 --> 00:56:26.460 Mollie Singh: Oh, I find me on my website molly sing.com that's mo ll IE s I n G H calm.

00:56:27.120 --> 00:56:31.170 Sam Liebowitz, The Conscious Consultant: All right, wonderful thank you both so much, I really appreciate you both.

00:56:31.230 --> 00:56:38.100 Sam Liebowitz, The Conscious Consultant: yeah coming on the show today again the upcoming book, which will be out may 14 15th he said.

00:56:39.300 --> 00:56:47.820 Sam Liebowitz, The Conscious Consultant: 14th infinite love and money, Joe Solomon molly saying thank you so much for coming on and having this important conversation on the show today.

00:56:48.450 --> 00:56:50.220 JOEL SALOMON: Thank you, Sam great to be here.

00:56:50.670 --> 00:57:00.810 Sam Liebowitz, The Conscious Consultant: Wonderful wonderful and thank you, my loyal listeners for tuning in this week and every week, you know that without you there's no show, I really appreciate you all tuning in.

00:57:01.500 --> 00:57:09.000 Sam Liebowitz, The Conscious Consultant: Let me know your questions next week, we have another wonderful guest who do I have next week, let me just check real quick.

00:57:11.580 --> 00:57:18.180 Sam Liebowitz, The Conscious Consultant: Oh, Michael Gallo very successful business person i'm looking forward to having him on the show next week and.

00:57:19.140 --> 00:57:32.280 Sam Liebowitz, The Conscious Consultant: Hopefully, starting next week, as long as there's no technical difficulties before my show we're premiering a new show on the talk radio network, the 630 call Oddly enough happening at 11am on Thursdays right before the conscious consultant hour.

00:57:32.790 --> 00:57:38.460 Sam Liebowitz, The Conscious Consultant: And please stay tuned coming up next immediately following my show it's can foster in his show.

00:57:39.150 --> 00:57:52.530 Sam Liebowitz, The Conscious Consultant: voices of courage followed later this evening at 7pm Eastern time with Graham dominant his show the mind behind leadership and, of course, on Friday, we have our whole big block of shows of business related shows.

00:57:52.800 --> 00:58:07.200 Sam Liebowitz, The Conscious Consultant: Starting with philanthropy and focus at 10am followed by always Friday the entrepreneurial web and wise content creates wealth and then you'll have an amazing weekend digesting all of that all right, thank you all for tuning in we will talk to you next week.

download this episode of https://tabmaron.s3.amazonaws.com/talkinga/recordedshows/The Conscious Consultant/20210318-TCCH-Mindful_Money_Management.mp3

SIGN UP FOR OUR NEWSLETTER