Creating Financial Independence and Money Mindset Blocks with Liz Carroll
About Today’s Guest:
Liz Carroll
Liz Carroll has an interesting and diverse background spanning corporate, investing, and life coaching and I have no doubt this conversation about money mindset will inspire you to set bigger goals for your home staging business in 2021.
Liz set a goal many years ago to be debt-free, retire from corporate before she turned 50, and generate passive income, and she did all of it, two years early!
Now a Financial Life Coach and the co-Founder of Mindful Money Coaches with her husband of over 30 years, Dan, Liz built a multi-million dollar rental portfolio in the last six years of sixteen single family homes and a four-plex which gave her the freedom to retire early.
After retiring from corporate, Liz followed her passion by becoming a Certified Financial Coach from Ramsey Solutions, a Certified Life Coach from The Life Coach School, and a 200-RYT Yoga & Meditation Instructor from The Purna Yoga College.
In this conversation, Liz shares her favorite money mindset tips, the two levels of financial independence (and how to achieve both!), along with the power of defining a meaningful impact goal in your business.
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This Week on The Home Staging Show Podcast
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Liz shares how she started her business (00:04:22)
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Dave Ramsey’s philosophy on living debt-free and the program he created that led Liz to financial freedom (00:05:53)
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Why Liz sold the home she built, moved states, and changed jobs (00:08:14)
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The importance of certainty and staying the course with your spending and savings decisions (00:09:08)
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The fatal mistake business owners make when navigating a pandemic (and what they need to do instead) (00:11:28)
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The most common negative mindsets and limiting beliefs Liz sees her clients experience (00:13:28)
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The definition of a “bridge thought” and how to consciously baby step a shift in your mindset (00:14:23)
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How Liz reshaped her beliefs around her career while being a Mom (00:16:20)
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Old generations vs. new generations when it comes to creating financial independence (00:20:12)
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How Liz was strategic paying for her investments in the early days and what % she puts away in a cash reserve (00:22:08)
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The perks of paying off debt sooner and how Liz felt after she became debt-free (00:26:18)
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Good debt vs. bad debt and why investing in real estate is the best kind of debt to have (00:28:01)
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How Liz showed up in her life and with clients after becoming debt-free (00:30:05)
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The two levels of financial independence (00:31:29)
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Defining an impact goal for your business (00:34:54)
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Liz’s unique strategies around math and mindset that she uses with her clients (00:35:47)
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What inspired Liz to create the Mindful Money Method (00:37:33)
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How journaling can help you tap into your limiting beliefs around money (00:39:20)
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Liz’s favorite money habits for small business owners (00:43:46)
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Why overspending is common in the home staging industry and the common traps new home stagers fall into (00:45:20)
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Liz’s favorite tools to track your expenses and reconcile your books (00:46:55)
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Liz’s advice for home stagers who want to create financial independence in their lives and businesses (00:47:56)
Connect with Liz
Liz’s website: www.mindfulmoneycoaches.com
Liz’s Facebook page: http://www.facebook.com/mindfulmoneycoaches
Liz’s Instagram profile: http://www.instagram.com/mindfulmoneycoaches
Liz’s LinkedIn profile: http://www.linkedin.com/moneycoach
Financial Wellness Checklist to keep finances organized for years to come: https://mindful-money-coaches.mykajabi.com/pl/232243
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