In this episode of Money on My Mind, I break down why mastering money isn’t about complicated formulas or secret investment hacks—it’s about your relationship with money.

 

At its core, money is simple: spend less than you make, invest the difference, and let time compound your returns. But fear, guilt, shame, and identity conflicts often sabotage even the smartest strategies. I share how subconscious beliefs, childhood programming, and emotional barriers can keep you stuck in a cycle of avoidance and scarcity, and I give you practical steps to reset your money mindset for long-term success.

 

This conversation will challenge your beliefs, push you to confront your fears, and give you a framework for aligning your identity with abundance.

 

Key Talking Points of the Episode

 

00:00 Introduction

00:37 How your emotions about money make it complicated

01:38 The 3-step playbook: spend less than you make, invest the difference, let time work

02:27 The role of fear, guilt, and mindset blocks in your relationship with money

05:12 The unknown factor: why people fear investing like they fear the “unknown villain” in a movie

07:02 Scarcity and procrastination: why people hoard money instead of investing

08:10 Subconscious programming and avoidance behaviors

10:40 Guilt and shame: linking mistakes with self-worth keeps people stuck

11:42 Why avoiding your budget or bank account makes the problem worse

13:03 Identity conflict: “I grew up poor, I’m not supposed to be rich”

16:06 How labels hold you back from achieving your financial goals

18:02 Victimhood vs. ownership: why externalizing blame disempowers you

21:40 Breaking from the matrix mindset and thinking independently about money

24:53 Personal story: saving every paycheck at McDonald’s, losing $1M in potential investments

28:35 Why environment and belief systems dictate results (Budget Dog Academy framework)

33:02 The two keys to success: focus and not giving up

36:00 Conviction, belief, and aligning your identity with your desired outcome

 

Quotables

 

“If you save money and don’t invest it, you are guaranteed to lose money through inflation.”

 

“You are your own problem, therefore you are your own solution.”

 

“Your confusion, fear, and avoidance—not money itself—are the real enemy.”

 

Links

The Roadmap to Financial Freedom

https://budgetdogacademy.com/order-now

 

Budgetdog

https://budgetdog.com/

 

Brennan Schlagbaum

https://www.instagram.com/budgetdog