Christine Luken is a money coach, speaker, “financial lifeguard,” and author of the book Manage Money Like a Boss: A Financial Guide for Creative Entrepreneurs. She co-creates financial prosperity plans with her clients to decrease debt, increase savings and prioritize the best ways they can spend their money. Christine believes that how we were raised can ingrain both healthy and toxic financial habits, and has the right tools to help employees and entrepreneurs alike break free of them.
In this episode, Christine helps you figure out if you have a positive relationship with money, three things that all healthy relationships have, and whether or not you respect your money. Please also see the link in the notes below to get the Unboxed audiobook for free!
THE FINER DETAILS OF THIS EPISODE:
(2:52) – The kind of clients Christine works with and how she strategizes with them.
(3:29) – How to diagnose if your relationship with money is healthy or toxic.
(6:36) – Helping parents understand the financial beliefs they’ve been raised with and if they’re imprinting them on their children.
(10:05) – A reliable method for being both financially responsible and allowing yourself a decent amount of spending money.
(11:02) – Why being honest about your own financial state is so important, and how even Christine has stumbled in the past.
(13:59) – How well-intentioned people end up deluding themselves about their spending habits.
(15:20) – Looking at money in terms of what we need vs. what we desire.
(16:42) – Christine lists some resources from her own site that listeners can use to get themselves on the right financial track.
(17:48) – How to get your personal finances in order to prepare for your own business.
(21:06) – Formulating a healthy financial relationship with your own partner or spouse.
(23:46) – The biggest mistake new entrepreneurs often make.
(25:07) – Why Christine seeks out her clients in particular.
(29:48) – What is the right time to leap from steady work to your own business, and what you can do to prepare yourself.
(30:40) – Christine plays Rapid Fire and reveals the surprising celebrity she finds to be most annoying.
“I really like the idea of having your ‘fun money’ completely separate.”
“If you’re not looking at your money honestly, on a weekly basis, then it is really easy to lie to yourself about where things are.”
“Money can either be a source of contention, or it can be a source of unity in your relationship.”
“I firmly believe that the vast majority of us can enjoy the journey while we are rectifying our relationship with money.”
“You almost always have to pull the trigger before you feel ready.”
The Financial Lifeguard – https://www.christineluken.com/
Manage Money Like a Boss – https://www.christineluken.com/manage-money-like-a-boss-book/
Money is Emotional book, free chapters and workbook – https://www.christineluken.com/money-is-emotional-book/
Website – https://www.nickjmurphy.com
Buy Unboxed – https://www.nickjmurphy.com/unboxedbook
Get the Unboxed audiobook for free – https://www.nickjmurphy.com/unboxedbook/audiobook/
Follow Nick J. Murphy on Social:
LinkedIn – https://www.linkedin.com/in/nickmurphy
Instagram – https://www.instagram.com/nick_j_murphy
Facebook – https://www.facebook.com/njmstrategy/
Twitter – https://www.twitter.com/nick_j_murphy