Show notes
In this episode of the Millennial Money Canada podcast, hosts Guillaume Girard and Sam Lichtman explore the emotional challenges clients face regarding money. They discuss the scarcity vs. abundance mindset, the disbelief in success, and the guilt associated with spending. The conversation emphasizes the importance of financial planning, communication in relationships, and the mental toll of managing finances. The hosts also highlight the need for mindfulness and gratitude in wealth creation, and the significance of recognizing one's limitations and seeking help when necessary.Topics Covered in this Episode00:00 Introduction to Emotional Challenges with Money03:06 Scarcity and Abundance Paradox09:49 Disbelief in Success and Its Impact20:51 Reorienting to an Abundance Mindset29:28 Guilt and Paralysis Around Spending30:24 The True Cost of Not Planning Financially31:00 Guilt and Anxiety Around Spending35:38 Decision Fatigue and Disorganization49:28 The Physical and Mental Toll of the GrindSubscribe to our NewsletterThe Weekly Brief: https://www.mwadvisors.ca/newsletter-guillaumeMillen Wealth AdvisorsVisit our Website: https://www.mwadvisors.ca/Podcast YouTube Channel: https://www.youtube.com/@MillennialMoneyCanadaPodcastFollow Guillaume on Social MediaGuillaume’s Instagram: https://www.instagram.com/financialplannergui/Guillaume LinkedIn: https://www.linkedin.com/in/guillaume-girard-cfa-cfp-08487170/Follow Sam on Social MediaSam’s TikTok: https://www.tiktok.com/@millennialmoneycanada?lang=enSam’s LinkedIn: https://www.linkedin.com/in/sam-lichtman/KeywordsEmotional challenges, money mindset, financial planning, wealth management, scarcity mindset, abundance mindset, spending guilt, decision fatigue, financial organization, mental health