Money & Mindset Expert Laura Ann Moore: Think Saving Will Make You Rich? Here’s Why You’re Wrong
Description
In this episode of No Bollocks with Matt Haycox, I sit down with financial coach and influencer Laura Ann Moore. Known for her straightforward insights into money management and wealth-building, Laura shares the secrets behind her journey to financial freedom—and why she believes that building wealth is as much about mindset as it is about numbers.
Laura makes a compelling case: "Most people think money is about numbers, but I believe the emotional side of money is even more important. It’s your mindset, not your income, that ultimately shapes your financial future." Her insights challenge conventional views, underscoring why she thinks people are often held back by their own relationship with money. As Laura explains, "Your relationship with money is built from childhood. The phrases you hear, the experiences you have—they all shape the way you handle money today."
In this episode, you’ll learn:
- The powerful role emotions and mindset play in how we manage, save, and invest money.
- Why investing—not just saving—is essential for true wealth building and financial freedom.
- How Laura transformed her own finances by reshaping her mindset and developing financial confidence.
- Why starting early, even with small amounts, can set you on the path to financial freedom.
Laura’s insights are invaluable for anyone looking to not only manage money better but also to gain emotional clarity around wealth. Whether you’re in debt, saving, or already investing, Laura’s perspective will resonate with anyone serious about long-term financial empowerment.
Timestamps
0:00 - Intro
0:42 - Financial Coach vs Financial Advisor
2:32 - People's Emotional Problems with Money
5:13 - Morgan Housel, The Psychology of Money
7:41 - Matt's Personal and Emotional Problem with Money
17:01 - Investing Advice for the Best Compound Interest
25:41 - Laura's Youngest Client
27:03 - Dealing with Clients with Too Much Debt
31:52 - Pay off all debt in full before investing, or both together?
33:06 - Why Buy Gold?
36:05 - Where to Find Laura