She Hit Rock Bottom and Still Built a Six-Figure Life. Here’s How. (With Rebecca Whitman)

Transcript:

A lot of people go out there and they chase money thinking it is going to fix everything else. When does that backfire? We can look to the example of celebrities who have money, power, and fame, yet so many of them are Oding and dying or suicidal or having really dysfunctional relationships.

We think our society tells us that money, power and fame are the three things to constantly be striving for and that they're going to fix us. We're looking for outside validation to fill a God in our heart, and it starts from within. Happiness is a decision, not an acquisition.

It was 2016. It was the hardest year of my life because as my marriage was slowly and painfully unraveling, my dad was slowly and painfully dying. And I never knew when the divorce would end or when my dad would die. And it just so happened they culminated in the same week.

My dad was buried on a Wednesday and my divorce was finalized on a Friday. A few months later I was sitting across the desk from my financial financial planner and he said, Rebecca, you lost your dad, you lost your marriage, but you're having your best fiscal year ever. You've actually become a self-made millionaire.

I'll get happy when I get over there, but guess what? Over there never comes. She lost her father and her marriage in the same week, and most people would have fallen apart. Most people would have let everything burn, including their finances.

Rebecca Whitman didn't, and when I sat down with her, I wanted to know why. Because what she figured out is it isn't about money. It's about why the people who grind the hardest are often the ones building the least. Why high achievers who look successfully outside are secretly burned out and broke in ways that don't show up on paper.

And a lot of them are chasing a version of freedom that they'll never actually reach. Rebecca has worked with thousands of people who, by every external measure, have made it They have a good income, they have a busy calendar, and they look successful. But she keeps seeing the same blind spot and over and over again.

It is quietly destroying their wealth. Now. She built a framework around the pillars of abundance, not because it sounds good, but because she learned the hard way that when one collapses, they are all going to collapse, including your money. So in this episode we get behind the real psychology of lifestyle inflation, why most side hustles fail before they even get started, and what it actually takes to build a six figure income from scratch.

The one thing that the personal finance world doesn't talk enough about and is not honest enough about. This episode is going to shift the way you think about money entirely. So without further ado, let's welcome Rebecca to the Personal Finance Podcast. So, Rebecca, welcome to the Personal Finance Podcast.

Thank you. I'm so excited to be here, Andrew. So you built this really cool framework around abundance and I want to talk about financial abundance a lot because the psychology behind money is one of the things that we love to talk about. And I say this all the time, 90% of money is your psychology and only 10% is kind of your know how.

And I love kind of how you think about this and how you think through abundance overall. So you've talked about financial abundance and how it can't exist in isolation, and you talk through these six different pillar. So I want you to kind of introduce those six pillars to our audience and then we can kind of dive into this.

So thank you so much. It's actually 7 pillars. So your audience gets a bonus pillar that you know about. So the first pillar is spirituality and they are in order of importance according to my experience. So having a relationship with a power greater than yourself, I choose to call that power God.

You can choose it to call it whatever you want. The second pillar is fitness, body before business, and if you're strong and healthy, then you can go out and build a great business. If you're sick and have to stay in bed, then you can't do anything. So health is wealth.

The third pillar is emotions. I believe all emotions come from scarcity or abundance. You're in a conversation of not enough time, not enough energy, not enough money or more than enough time, more than enough energy, more than enough money. I mean, you, for example, have all these different businesses as I do and a lot of people like I'm overwhelmed, but just one, well, it's just, it's just a mindset that we have enough time and we have enough like energy to do all this, all these different businesses and it's, it's a lot of fun.

We can get into that. After emotions, it is romance and romance effects all the other areas. If you're if you're in a healthy loving relationship or even happily single, you can keep everything going with a high vibe and a good attitude after.

Romance is mental, and that's listening to shows like this awesome show, top 5% in the world, the personal finance podcasts, working on your mind and learning things all the time. It could be creativity, it could be travel, it could be learning a new recipe, learning to play pickleball after mental is social.

And that is having a community and having mentors and mentees. And finally, it's financial. And I believe all of these things affect your finances. A lot of people think abundance is just financial. I'll go out, make a ton of money, I'll hire a personal trainer, I'll look totally hot, I'll manifest my soulmate and we'll travel and go on spiritual retreats and work on our mindset.

But in my experience, money is the last thing that comes into play. And this is something that I love because I think really when you have a wealthy life and an abundant life overall, you need to have a balance in all these different areas. And so that's why I love that you kind of talk through this stuff because it is very, very important.

And overall, I know for me specifically, a lot of times I can feel like, hey, I'm doing really well in some of these areas. And then some of these areas I feel completely out of whack or I feel like I'm just completely lacking. So for someone out there who is kind of working really hard, maybe they're working really hard in their finances, but they feel out of balance kind of everywhere else, where would you tell them to start?

I say to start with your morning ritual, have a connection with a power greater than yourself, whether you call that you know God, Jesus, Allah, nature, Buddha, your coffee, anything to start your morning off having a great mindset.

And when I was 20 years old, I met someone who changed my life. She gave me some journal prompts that helped me create an abundance mindset to go from negative critical fear based thinking to positive thinking. And these journal prompts are a gift I'm going to give you guys at the end of the interview.

So make sure you stay tuned till the end. But these journal prompts, I've been writing them every morning for 30 years. They've completely changed my thinking and it just has given me a way to process what I'm learning and what I'm going through and then spin it to the positive. So having that journal practice, just having some quiet time in the morning, I think that is the first foundational thing.

The second thing is to have some exercise in your life, whether you can do it in the morning, afternoon, evening, even if it's just walking, even if it's just doing some gentle stretching in between Zoom calls. Having movement in your life is so important.

And just I call fitness H&M, not the discount store, but hydration, nutrition and movement. And those are the two things that I think are the foundation for everything else. And then you can work on your finances, work on your love life, you know, work on getting a more expansive social life, but having the spirituality and the fitness I feel are essentials and and those you can work on if you can every single day.

And the cool thing about this is you're kind of talking through, hey, first let's get our mind right. Let's make sure our mind is is, you know, in the right spot. And then in addition, let's make sure that our body is in the right spot. If you do those two things alone, you're going to feel a lot better. In your situation where especially you really want to be working on this stuff, even when life is going good, when you feel like things are going well, it is really important to make sure that you maintain a lot of these different habits to ensure that when life gets tougher or when life gets harder, you can actually overcome some of these things.

And you went through one of the hardest week in your life where you had a divorce, the loss of your father at the same time, and you still came out high performing. Can you kind of talk through it and what was it about having those pillars that you have in place that helped you through that process? Yeah, it was 2016.

It was the hardest year of my life because as my marriage was slowly and painfully unraveling, my dad was slowly and painfully dying and I never knew when the divorce would end or when my dad would die. And it just so happened they culminated in the same week.

My dad was buried on a Wednesday and my divorce was finalized on a Friday. And a few months later I was sitting across the desk from my financial planner and he said, Rebecca, you lost your dad, you lost your marriage, but you're having your best fiscal year ever.

You've actually become a self-made millionaire. And I think you should inspire people to be resilient because it's usually when you go through these life changing tragedies that things are going downhill financially. But because of the seven pillars, they went uphill.

Because I had the daily morning practice with the abundance journaling. Because I poured all my anger and sadness and angst into my workouts. Because I shared with my community all the uncertainty and insecurity I was feeling about not knowing how much the divorce would cost me or where it would end.

And I was working on my mindset constantly. If I was awake, I was listening to positive podcasts or YouTube videos or audibles constantly just pouring into myself and the mental pillar that I was able to get out. And even though I had a bad romantic year, all the other areas either stayed the same or leveled up because I knew that it was kind of like make it was going to make or break me that year and I did not want to let it break me.

I almost think about it in terms of a lot of folks out there know that we talk here about investing a lot in this podcast. So one of the things we talk about a lot is the kind of S&P 500 where you have this diversified group of stocks that you can buy all in one. You know, stock or investment where you're buying basically a ton of different stocks all at one time.

And the beautiful thing about this is, is because you're diversified across all these different companies, a lot of times if one of those companies starts to struggle, it doesn't hurt you as bad because you have all these other companies that you're diversified into. And this is almost a way what you're talking about here is to make sure you're diversified in life where you are covering all the major areas of your life and you're consistently making sure that you are kind of doing the things that are going to help you, the habits, put those habits in a place that are going to help you moving forward even when you don't need them.

So that one win 1 area, just like what you had to go through, when one or two areas starts to really be become painful, you have those other areas that are going to help lift you up in life. And I think that's a really cool way to kind of think about this in the way that your your pillars are kind of working where a lot of people go out there and they chase money thinking it is going to fix everything else.

When does that backfire and what would you tell them to do if that's something that they do do? Well, I think we can look to the example of celebrities who have money, power and fame, yet so many of them are OD ING and dying or suicidal or having really dysfunctional relationships or end up checking themselves into a psych ward.

We think our society tells us that money, power and fame are the three things to constantly be striving for and that they're going to fix us. And we spend our life like the donkey chasing the carrot. And I used to say, well, I know they're not going to fix me, but I still want to get them.

And then I'll decide on my own. But I will tell you we can learn through the power of example. And we're looking for outside validation to fill a God sized hole in our heart. And it starts from within. Happiness is a decision, not an acquisition.

And happiness is a choice that you get to make every day. And when you choose to prioritize your happiness, you are going to become admit magnetic to more business opportunities. For example, you found me through the law of attraction, the law of magnetism.

I didn't go out seeking you. And now we're doing, you know, a great collaboration. We're going to do a podcast swap. But it was through the magnetism. That's why my nickname is a magnetic abundance mentor. Because when you have these areas in place and you have a full life, and I don't call it, even though my podcast is the balanced, beautiful and abundant show, it's more like a Symphony.

No, different areas take different presidents and different seasons. I know you have young kids, you know they're going to take more time and more of a precedence now than when they, you know, go off and leave the nest. So it's there's reasons and seasons for different things. I'm not saying you can have all these seven areas perfectly balanced every single day.

But my intention when I teach my clients is just to touch them at least once a week. Like have one date night a week, go to 1 social event a week. But the other things you can do more of like the morning practice and the fitness, but just knowing that there's all these instruments of life and if you don't get hyper focused on money, you can actually be happy while you're making money instead of put your happiness over there.

I called over there ISM like I'll get happy when I get over there, but guess what? Over there never comes. Exactly. And I think, you know, a lot of people are looking at the future, they're going to do that someday, they're going to get they're going to get healthy someday. One day they'll kind of get to that point in time where they're going to have enough money and they'll have a little more time and then they're going to get there.

But what I find a lot of times with most people is that the goalpost continues to move. And when that goalpost continues to move and your goals just become, you know, greater and greater and greater, they never actually get to the point in time where they prioritize these areas. So it's so important to make sure that you stay balanced and you prioritize other areas even as you're working on building wealth.

Now, one of the things that we talked about a lot here is that income is the number one lever that you can pull in order to fix a lot of areas of your financial situation. You can only cut back so much, but you can earn infinitely more. And I think you and I talk about, you know, building businesses and side hustle so much that I think this is something that you can really, really help a lot of our listeners when we go through this.

So you have an entire program built around this and how to kind of build your income up over six figures. But what is the number one reason that people who start a side hustle don't actually turn it into meaningful income? Because one of the things we want them to do when we talk about side hustles is we talk about side hustles that can become a full time income.

That's the overall goal that I'm looking for a lot of times when people are building businesses. So why do you think that people who start a side hustle usually don't turn it into something meaningful? Well, if you treat your side hustle like a hobby, you're going to make hobby income.

If you treat your side hustle like a serious business that you could make 6 figures or more on, then you're going to make 6 figures or more. And it's not the time you can You can create a successful business with one dedicated power hour a day, five days a week.

It's not the amount of time it's doing income producing activities versus busy work. There's so much busy work to do as an entrepreneur that you can get caught up in the weeds and never actually ask people if they're going to, you know, pay.

You ask people if they're open to taking a look at your product, good or service. Unless you're doing the ask, you are just getting caught up in the busy work. And I like to tell my clients, dedicate one power hour a week and make that hour just as important as any doctor's appointment or any other appointment.

You would have put boundaries around that hour and really focus and put your pedal to the metal and do some income producing activities to move your business forward. One of the things that I do is a lot of times in my business is when I feel like I'm getting out of whack and I'm too doing too much of that busy work, I will literally take out a spreadsheet and I will go and track every 15 minutes of what I'm doing for an entire.

And when I go through this, all of a sudden I identify, Oh my goodness, I am spending 15 hours a week just on busy work stuff that really doesn't matter. And or if it is something that needs to get done, but it is not highly important. You can either, you know, if your business is making enough money, you can hire someone to kind of solve those problems for you so that you're not continuing to do that.

The non income producing activities, And I think that's what the most powerful word that you said there was the income producing activities. You must focus on those. And that should be what propels your business forward is making sure that you do that so we can generate revenue, so you can grow your business, so you can hire people and do all these other things if you want to.

That, I think is a really, really important thing there that you said. You teach people coming from contribution rather than desperation when they're building a side business. Why does that mindset shift matter financially, and how does it actually change the outcomes that people get? Well, a lot of business coaches tell you to sign up for their high ticket coaching programs, spend 2530 grand, Max out your credit cards, quit your job and they say you got to burn the boats to take the island.

And that puts you in a do or die situation where when you are, you know, you have your business set up and you finally get to talk to the prospect. You're like, Oh my God, I'm like, you know, in credit card debt and my kids don't have health insurance and like, I've got to make this sale and people can pick that up.

So I tell them, keep your job, keep your health benefits, keep the money rolling in so you can feel secure and also reinvest into your own business and come from contribution. Don't be a go getter, be a go giver. And I was just at a conference this weekend and they said, don't get yourself rich.

Give yourself rich. And when people feel that you're coming from contribution, not desperation, they're going to want to give you their business. We're in a trust recession right now. There's so many entrepreneurs and so many people are selling stuff online. People are like sales averse and they're like, oh God, every time you say hi to someone, like I'm do the same thing.

Oh, if somebody says hi to me, what do they want? What are you trying to sell me? And so it's so important to learn how to build relationships and truly come from contribution. I agree. And I think that's one where I know a lot of people out there who are even looking for folks who say that, for example, they wanted to to do business with them or they wanted to partner with them, that they wanted to do all these other things.

And a lot of times they go 1st and they ask them for something. They ask, you know, hey, can I have some of your time for, you know, 30 minutes of coffee? That is one of the worst things that you can ask a busy entrepreneur because their time is their most valuable asset. And so a lot of times, if you can come up with ways to help contribute just like Rebecca's talking about and come up with ways to, you know, find find ways to actually help them, find ways to contribute with them, to collaborate with them to make their lives better.

I think that is such a powerful message for a lot of people out there. So you, your own story story started with, you wrote a book and then you turn that into coaching, which I think is absolutely fantastic For someone who doesn't see themselves as an entrepreneur. What's the 1st signal that they might have something worth monetizing if they're thinking through?

OK, I want to do something as a side hustle and I want to try to turn it into a full time business. Is there a signal out there that may say to them, hey, this is worth pursuing? Well, I like to ask them, what is your superpower? What could you give a Ted Talk on right now?

Speak for 20 minutes without checking your notes? What is something that people come to you and ask your advice? And what is something you were always good at as a kid? What is something you're constantly Googling or listening to podcasts about? What is something that you could do like blindfolded?

That would be a great place to start as a side hustle. And then you can expand from there. But my goal is to help take people's passion to a profitable business. For example, I had this young woman, she was in her 20s. She's working as a vet tech.

And she's like, I don't see myself as a vet tech. I want to start a side hustle. I'm like, well, what brings you the most joy in your vet tech job? And she said it's helping people find their perfect soulmate pet. And I and I helped her create a brand called the Furry Godmother.

And her business was connecting people to their soulmate pet and doing the search for them. And that business is very profitable. And she's still doing the vet tech, but now she's taking her passion of matching people to their soulmate pet and she's making a great side income and eventually it'll be her full time income.

And I think that's a really cool way to think about it because for most people out there, you need to realize that if you're going to turn this into a side hustle, you really do need to have that passion in place. Because a lot of times when it gets tough or when you hit a wall, you need to find a way to push through that. And for some folks, if they're not passionate about what they're talking about or they're not passionate about their business, it's going to be a lot harder to push through those walls than would be if, you know, you actually had that passion in place.

And so because you enjoy the process, because you enjoy doing it, I think that can be something that is really, really helpful. Have you seen that with a lot of your students where, you know, have you ever seen any of them kind of come up with something that they're not passionate about and they get stuck and, or have you seen them push through any obstacles because they were passionate about it?

I have a client who has made a lot of money as a financial planner and she just grinded it out because she actually loves helping people. But now she's at a stage of her life where she's like, I'm so tired of being on call 24/7 and having the responsibility of people's life savings.

And she's like, I, I just want to do something that's fun like flip houses because it's creative and I get to like see a before and after. And she's selling her financial planning business because it just stopped being fun. And so that that's an example or myself, I'm a huge believer in the network marketing profession.

One out of four self-made millionaires come from network marketing and I've been successful at it. So I get pitched all the time. And I love health and Wellness. I love beauty. Those are the products that I'm already recommending to my friends. I would not recommend like life insurance or legal help or anything like that long distance and services for the phone or anything.

So it's I tell people find something that you're already going to recommend to your friend. If you're trying to look forever 21 like I am already try. I'm trying to tell my friends about what to take so I might as well get paid for it. Absolutely. And I think that's, that's a great lesson overall.

Like an example of that same thing is like my sister, for example, is an esthetician and she became an esthetician because she's so passionate about, you know, just beauty products and, and that type of stuff. And so she actually figured out a way to kind of turn it into a full time business. She took her time and kind of went through that process. And I think a lot of people will kind of get to this point in time where they they say to themselves, OK, I'm really passionate about this subject.

I want to start this side hustle. And they start the side hustle and all of a sudden, boom, it makes a little bit of money and they start to see some real impact happening. And they start to see some revenue coming in and they are really, really excited because they see that revenue happening. And you talk about transitioning from this side hustle to a full time job.

But first you need to have that financial security. So what does that actual threshold look like? Or what does it look like for someone to have financial security in your mind? In my mind, if you can pay all your bills and then have a little bit of a cushion, then it's time to switch.

And I know David Ramsey, a lot of people say you should have six months savings. I have started a lot of businesses without six months savings. So I would say if you could have three months savings, that would be great. And yeah, if you can match your income, or even if you can't match it, maybe you have a really high paying job that you hate.

If you can just pay your bills with a little bit of wiggle room at the end, then I think you should go for it. And if it's too uncomfortable, you don't have to force it because you can think of your job as a way to reinvest into your side hustle. And when you have a side hustle, you can be more passionate about your job Because instead of feeling burned out and stale about it, you're like, oh, I'm just doing this so I can have extra money to reinvest into my virtual assistant or my software or the conference or the coach that I really want.

So it actually can feel your passion for your job. I would agree is, is having that emergency fund in place, making sure you have enough cash on hand to give you enough runway going. And then once you are paying all of your bills, in addition to having some extra cushion with that side hustle, that is a time or an indicator where you can pursue it.

And I've seen people do both. I've seen people kind of even, you know, hang on to their side hustle and their job at the same time until their side hustle hits double their income. We talk about something called the sleep well at night number, which is your swan number. And a lot of times when we talk to that swan number, it's like for each person, it's, it's a little bit different. And possibly one of those areas where if you feel more comfortable that revenue is, you know, a long a longer runway and or you just have a bigger emergency fund.

I think that is kind of the area where a lot of people land. It's OK to go the other way too. Like if you, if you leave your job, want to become an entrepreneur and then you hit some hard times, I don't see any shame and judgement and going to get a job to get you out of survival mode.

And people have people that I really respect who are super successful entrepreneurs at certain times in their careers, they had to go get a job. So there's no, nothing wrong with doing it the other way too. If you make that decision too soon or if you hit a rough patch, there's no harm in getting a job and getting back to that swan security threshold that you talked about.

And I think careers a lot of times for most folks are a lot more flexible than they think they are. You can go and do exactly what Rebecca said. You can go get a job, even if it's a part time job while your business is still kind of building that revenue back up. Maybe you hit a hard time or a season. I think that's really important to even be willing to do that. Some people almost have this pride in place where they're not willing to kind of go back.

And I think if you don't go back in a lot of situations, you got you got to go back even to save your business. And can I kind of continue on on what you're doing there? So a really great tip there because I think it does go both ways on the spectrum. You define freedom as doing what you want, when you want, with whom you want.

And we say that phrase literally all the time on this podcast. It is one that we talked about constantly when it comes to building wealth because we feel as though the real reason why you want to build wealth and you want to gain this money is not for the money or the things that you can buy so that you can buy your freedom, so you can do what you want, when you want, with whom you want.

And so I think this is a real powerful message that a lot of people need to hear. When does freedom become real and not just a concept for people? If somebody asks you to do something like spur the moment, Oh my God, I got an extra ticket to go to this concert or this ball game and it's in a different city.

You don't have to hesitate. You're like, yes, I definitely I've always wanted to see this team play. I've always wanted to see this band. Absolutely yes, yes, yes. And it gives you the freedom to be spontaneous. It also gives you freedom because unexpected expenses come up where you could have like a, you know, a car or a home repair that would break you.

But it's like, Yep, I can I can handle that. I can pay for that car or home repair and it's not going to break my stride. And I think it's it's having fun money and it's also walking away from toxic relationships. If you are making enough money where you can pay your bills on your own, you do not have to stay in a negative environment just because somebody's helping out with the rent and helping out with the bills.

That's the ultimate freedom is having the freedom to be around people that are positive, loving and supportive and to walk away from negative, toxic people because you have your own money. It truly is. And being in those relationships is, is a key one. Another one is even, you know, if you're in a job that you you hate, but you have enough savings and investments on hand and your boss is, you know, someone who could be, you know, abusive or emotionally or whatever else.

That is another amazing reason to focus on building wealth because you can walk away from a job that just not is good for you. It's not good for your environment or your mental capacity or anything else. I think that is another great thing for freedom. Location. Even if you are in a location, maybe you are in the, you know, up north and you hate being up north, or maybe you're in the South and you hate the heat.

You can change your location and absolutely change your entire financial life just because you built wealth. Money is the tool. It is the tool that gets you what you want. You know, if God forbid you have a health crisis and you know a lot of treatments that are alternative that work are not covered by insurance, you you have enough money to get the best treatment to travel for treatment, to hire the best doctors or practitioners like health is another huge asset you would get from having financial freedom.

Exactly. It is the tool that gets you these things. And that's where I want to reframe a lot of people's minds is it's not to get the stuff so you can buy the fancy car. It's not to get the stuff so you could buy the mansion. It's not to get the stuff so you can buy the designer clothes, even if if that's what you love, OK, that's completely fine. But it is the tool to get you what you want out of life so that you can actually change your entire life.

You can literally change your life with using money as a tool, not to, again, not to gain the money, but to be able to use it as a tool. So I think that's one that is really, really important. What do you think the personal finance world gets wrong or doesn't talk about honestly enough when it comes to building wealth? The personal finance world, what they get wrong is people do not want to come from deprivation when it comes to budgeting.

People think of budgets the way people think of diets. They think, Oh my God, I'm going to feel restricted. My freedom is going to be impinged. I'm not going to be able to go out with my friends, you know, and have whatever I want on the menu. People feel that way when they're put on a budget.

So I think it's important for financial planners to have like a slush fund or to have fun and recreation portion of the budget allotted so people don't feel that restriction because it's just like dieting. When people feel like they're on a restricted diet and they go off, they're like, I'm gonna eat the whole cake, right?

So people would like go on a shopping spree if they feel like, oh, I've been following this super strict financial plan and I'm on such a budget. I mean I had a friend who was doing a financial planners thing and she had to have a garage sale like every weekend like until all her personal belongings since we're almost gone like it's crazy.

So yes I would say take the use a different word for budget to make people feel more expansive. Or if you are going to use the word budget, have a fun name for a slush fun or a fun recreation fund so people feel like they can still have some room to play and live a life.

It's funny, anytime we put the word budget in any of our episode titles, it is our worst performing episode title ever. And it tells you everything of just about what you're saying right here, which is, you know, overall, we want people to actually spend more and lavishly on the things they love and then cut out everything else they hate.

And spending really comes down to a skill. It's a skill that most people have never been taught and it's most people have never learned. And really once you learn the skill of spending a budget is something where you really don't need it as much anymore. You can kind of throw it out. It's not a big thing that you need. Instead, you want to make sure that you're spending and living lavishly on those things that you want and cutting out everything else that you hate.

And you can find ways to do this by just developing that skill and developing that muscle over time. I think it's a really, really important thing that that most people need to realize is they think through finance and they think through money. And they say, oh, if I, if I want to get good with money, I got to cut back all the things that I want. I can't go out to, like you said, I can't go out to dinner with my friends.

I can't, you know, buy the things that I want. But instead, and I have a friend named Paula Pan who says you can afford anything. You just can't afford everything. And so you got to make sure that you are looking at this in a, in a way that that makes a ton of sense. So this has been fantastic so far. Rebecca, I'm going to switch gears here and I'm going to ask you some questions that we ask a lot of our guests on this show to kind of see what what your answers are because this is always fun.

What is the best personal finance tip you have put into practice in the last year? The best personal finance tip was moving from a super expensive area, Los Angeles, where I was living a middle class lifestyle, to Cincinnati, OH where I'm living an upper middle class lifestyle because my money goes so much farther and I don't have to work as hard and I have more money.

It's a huge life hack to change your location, especially if you're in a high cost of living area. We have had a lot of people like do that and you know, it's based on their values obviously, but they do that and they are just amazed at how much money they are saving. So that's a great one. What is the best book you have read over the last year?

Wow I got to confess I haven't been reading a lot because I'm one of these people that likes podcasts and audibles. But I will tell you my favorite book of all time self help is The Four Agreements by Don Miguel Ruiz and they are always do your best, be impeccable with your word, don't take anything personally.

And I forget the 4th one, do you know it? I can't and I read. It about a while ago. Ever assume? Never assumed. That's it, That's it. So a while ago completely changed my life. The four agreements by Don Miguel Ruiz. That is one too. And I haven't we we talk a lot about books on this this show and I haven't recommended that one yet, but it is a it a good one, a good one.

I've actually forgotten about it until you brought it back up. So that's a that's a great one for sure. What is the number one thing you can do to change your finances long term? Is there anything that you've thought through like, hey, if I do this differently, it'll absolutely change my finances drap dramatically. Or maybe you just did it, Maybe it was the move, but is there anything that you are thinking about doing long term?

I think it's been, I haven't been investing in Roth or regular Iras every year. If I, you know, make a certain threshold, then I can't invest in a Roth because I make too much, then I'll invest in a regular. But depending on my year, I've been investing every single year for years, you know, probably for 25 years now in Iras.

And I just make that a priority every year, whatever I can find to invest in a Rother regular. And now I have a nice financial portfolio and a retirement fund because I've had the discipline to invest in Iras Rother regular every year for 25 years.

You're speaking my language on that one. And then the last one is what does wealth mean to you? It's what we talked about. It's freedom to do what I want, when I want, when I want, where I want and with whom I want. And it is also what we talked about.

I called FU money to have enough money to get out of any situation. I was in a really toxic marriage and he was threatening, I'm going to go after everything you have. I'm going to go after your real estate, your stocks. And I was like, you know what?

My freedom does not have a price tag. My freedom, I can make money. I know how to make money. I've made it once, I've lost it and I've made it, I can make it again. But you cannot control me with money. And my parents used to control me with money too, because they paid for a very fancy Ivy League education at Princeton.

They'd say, we've spent all this money on your Ivy League education. Now you have to go be a doctor or a lawyer. And I was so determined to make it as an entrepreneur without being a doctor or lawyer. So they wouldn't be able to control me by giving me money. So I just think it's having a few money and having that freedom to not be bought by people and not being beholden to anyone based on their emotional blackmail and using money to control you is the ultimate wealth.

I love that and I think that's the the ultimate testament to what happens when you use money as a tool. You have it available to you. And once you have enough there, you know, a lot of people wouldn't be able to take advantage of that situation if they didn't actually build wealth and have money there as a tool. And I think that you are the ultimate testament on why you need to do that.

Well, Rebecca, this has been absolutely fantastic. Where can people find out more about you, your podcast and everything? Else, I want to thank you so much. This has been a great conversation and your questions are amazing. Your research on me is amazing, so I can see why your podcast is super successful successful. I want to give you guys a gift.

It's called the balance beautiful bundle. It includes a free digital copy of my book. It includes that amazing abundance journal, which I promise you if you do it every day for 10 days, you will have a major shift in your financial life. You're also going to get ageless beauty tips and the elegant Warrior Manifesto, which is a poem I wrote about how to be, you know, an amazingly resilient person.

So you're going to get all that the balance Beautiful bundle as my gift to you. You can find me on my website, rebeccawhitman.com, REBECCAWHITMAN or you can find me on Instagram at rebeccaewhitman.com.

And you can also find me on LinkedIn. Rebecca Whitman. I'd love to hear from you and hear about your biggest take away and just learn like which pillar of abundance do you feel like you're the most challenged by these days? Fantastic. We will link all that up down below in the show notes as well, so you could guys can take action on that.

Rebecca, thank you so much again for being here. Thank you.