How can understanding our beliefs about money transform our financial freedom?
In this episode of the Thrive Today podcast, host Natalie Born interviews financial literacy advocate Kristi Nowrouzi about shifting limiting money beliefs, overcoming debt, and claiming financial freedom. They discuss common financial pitfalls and habits as well as biblical principles for prosperity. Kristi shares practical money management tips and her inspiring vision to "live off a third, save a third, and give away a third."
Kristi Nowrouzi is a dedicated advocate for financial literacy, committed to helping people understand their relationship with money and their financial mindset. Kristi has a master's degree in executive management and boasts a wealth of expertise as a credit specialist, financial professional, and Mortgage Loan Officer.
[00:00- 05:00] Kristi's Journey From Poverty to Prosperity
Kristi learned limiting money beliefs from a young age which affected her financial health as an adult
She had to expose the lies she believed and create new, empowering money beliefs
Understanding her self-worth wasn't tied to her net worth was pivotal
[05:00-10:00] Taking Action to Change Finances
Mindset shift must precede practical financial changes
Kristi took multiple jobs, paid off debt, set savings goals to buy a home
Delayed gratification and planning are key
[10:00-15:00] Biblical Principles Around Money
God desires for us to be prosperous and generous
We shouldn't conflate Jesus' earthly mission with notions of poverty
Kristi aims to live off a third of her income, save a third, give away a third
[15:00-20:00] Money Management Tips
Examine housing and car costs and aim to reduce
Pay off high-interest credit cards urgently
Meal planning saves hundreds monthly
[20:00-25:00] Kristi's Books on Finances
"First Home: Where to Start and How to Win" offers guidance for first-time home buyers with money savings tips
"Finish Financially Free" helps create a new money relationship by examining limiting beliefs
Quote:
"I want to live off of a third, save a third, and give a third away." - Kristi Nowrouzi
Connect with Kristi:
LinkedIn: https://www.linkedin.com/in/kristinowrouzi/
Follow Thrive Today on Instagram (@thrivetodaywomen) and visit our website at Thrive Today.
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