Episode Summary
Michelle and Nicola discuss the challenges and psychology around money, pricing, and self-worth, especially for women in business. They share personal stories about setting prices, offering discounts, and the emotional hurdles of talking about money. The conversation covers:
- The discomfort of discussing prices with clients
- Techniques for confidently stating your rates
- The impact of childhood beliefs and family attitudes on money mindset
- The tendency to undervalue services, especially when starting out
- The importance of setting boundaries around discounts and "mates rates"
- How to calculate what to charge, including practical tips and the emotional side
- The value of services perceived as "luxuries" and how to communicate their worth
- The role of imposter syndrome in pricing decisions
- Bartering and job swaps as alternatives to monetary payment
- Listener engagement: requests for stories about money mindset, pricing strategies, and childhood money phrases
Fun Extras
- Stories about dog drying bags and furry slippers
- Lighthearted banter about autumn weather, household chores, and school memories
Listener Call to Action
- Share your experiences with money mindset and pricing
- Send in childhood money phrases you remember
- Contact: studio@thereinventiondiaries.co.uk or DM on Instagram @thereinventiondiariespodcast
