In this episode we welcome Rachel Dorsey, a financial wellness coach and founder of Effortless Budgeting. Rachel discusses her personal journey from financial anxiety to wellness and provides insights into common financial blocks and how to shift one’s money mindset. We explore the importance of understanding and discussing financial habits within families and couples, and Rachel offers practical advice on budgeting, financial literacy, and managing financial stress. The conversation emphasizes that financial wellness is less about how much money you make or spend and more about how you feel about your financial decisions, aiming to empower listeners to achieve a balanced and positive relationship with their finances.
00:00 Introduction to Core Happiness Podcast
00:38 Meet Rachel Dorsey: Financial Wellness Coach
01:45 Rachel’s Personal Financial Journey
04:54 The Importance of Mindset in Financial Wellness
06:21 Common Financial Blocks and How to Overcome Them
09:44 The Anxiety Around Money Conversations
14:50 Defining Financial Wellness
19:29 Overcoming Financial Overwhelm
20:08 Mindset Shifts for Financial Wellness
21:05 Practical Tips for Reducing Financial Anxiety
21:50 The Importance of Financial Conversations in Relationships
22:45 Sharing Money Stories with Your Partner
26:03 Real-Life Impact of Financial Coaching
27:54 Balancing Saving and Spending
29:57 Planning for Retirement
38:04 Corporate Financial Wellness Programs
39:49 Final Thoughts and Contact Information