#30 "Unleash Financial Freedom: A New Era of Empowerment" with Wave Melon

Speaker 1 Cheryl  Speaker 2 Wave

00:01 - 00:59
Speaker 1: Teen Minds Redefined, you're listening to the podcast with Cheryl Pankhurst. Brace yourself for a tsunami of financial wisdom and glitter energy as Wave, the self-proclaimed financial badass crashes on the scene of teen minds redefined. Wave, welcome to the podcast. Thank you. I am so excited because you know the polar opposite for me of money and then energy is like I just it drains me so Learning about you and getting to know you and the other ways we connect your energy is amazing So you have to bring some energy into this whole financial World I guess we

00:59 - 01:05
Speaker 1: would say just that financial world So let's start with what's your mission here and why is it so important?

01:07 - 01:48
Speaker 2: Definitely. My, my mission. I like to make, let everyone know that we don't have to live in isolation or fear anymore. We are having fun with our money. We're falling in love with our money. It represents our our heart, our passion, everything we do and all our hang ups. We're over it. This is a new life, new worlds, and we're ditching the old like. You know, Victor, I'm like, oh, the money is coming for us, and we're going to just embrace what we can with what we've got, which I realize can be complicated. So we want

01:48 - 01:54
Speaker 2: to focus on fun. We want to maximize fun and see what we can get away with.

01:55 - 02:30
Speaker 1: I love it. And I'll tell you, here's my money story. Growing up, it was never talked about. We never, I would never know what my parents paid for their house or their mortgage or their car. It was just it was none of anybody's business. It was just a very, very private matter. And growing up, I never asked for money. I never asked for things. And and it was celebrated. Oh, what a good girl. She never asked for money. And I would literally go to school without lunch money because I didn't want to ask for it. My

02:30 - 02:52
Speaker 1: parents were fine. Yeah. We had no problem giving me lunch money, but there was something about this block with me. It was like, I can't ask for it. I can't ask for it. So, so I totally like your energy around This just really attracted me because how many other people are feeling like? Money just makes me feel sick to my stomach. Mm-hmm

02:53 - 03:26
Speaker 2: Yeah, this I don't know I haven't done the history of why we have decided that money is the most taboo subject on the planet at least here in America. I'm not sure, to be fair, I don't know that the other culture is in there. I'm told, like my dad's from Sweden and I'm told that there it's much more freely talked about. But here, right, we have all these deep, deep hangups. People would rather share some really other crazy things with me and their money. And there's just I get it because we have feelings are deep. I

03:26 - 03:59
Speaker 2: have felt the guilt, shame and fear. And I think it's like a new era. This is the era, the heart of our passions. We're breaking out of molds right now. We're not just going to work till we're 80 and barely make it like this. Isn't OK anymore for us. And yeah, we are paddling upstream against some really weird macro economic forces. But there are so many things we can do to re-empower ourselves and I'm so excited about it. You guys, I was just looking up some things like, what do you know, just some random articles just

03:59 - 04:04
Speaker 2: now like, What do people tell teens to do with their money? And it was such a nightmare for me.

04:05 - 04:19
Speaker 1: Yeah, let's go there. Let's go there. Because the schools aren't doing it. I was 25 years in high school. Schools are not doing it. It's ridiculous how we are 0, 0 education.

04:20 - 04:52
Speaker 2: I do remember in high school once they had us like play the stock market and I bought Beanie Baby stock and lost all my imaginary money and I just think that's hilarious like and so I actually on my Instagram I have a character named Bad Betty. She is a time traveler from the future and she talks about her being a baby stock. So she's my alter ego. But yeah, no, there's no education. And is that intentional? I have no idea, but it feels sometimes intentional. And so, you know, what can we do? Yeah, a lot of

04:52 - 05:24
Speaker 2: the budgeting and, you know, all the advice for teens was so adulty. Like you need a budget and you need to do this and that. And yeah, we do need a budget. And what we need to talk about in ways that like, like ditches all the restrictive conversation. Like this is not, I don't, yeah, I don't know, I got lost there you guys, but I'm just, I do know that there is 1 way to talk about it in another way, and we need to start shifting to the other way, which is that budgets maximize fun, that

05:24 - 05:47
Speaker 2: our budgets are flexible and here for us, so that we can blow money on things that we actually want, and that match our core values, versus you need a budget so you can do this and that and you know like literally not do anything you ever want and so Can I can you see the contrast there?

05:47 - 05:53
Speaker 1: Oh, yeah, I can see all that harsh energy that comes with that like I can like oh

05:53 - 06:24
Speaker 2: No wonder we all feel this way some of us older. I'm a millennial. I know like my parents had a lot of hang-ups too and almost all my clients come to me and they're like, well, my, my, this is how my parents did it. And now I have all these achievements, which I'll think, thank you parents, because you know what? Of course we have issues that come with them. That's what we're supposed to be having. So it's going to contrast and growth. So that's fine. And I think I'm really excited for people to Like all of

06:24 - 06:43
Speaker 2: us to go along on this journey. We're learning so much from Like our younger generations, you know, they're talking about money on social media it's totally it's becoming super normal for them yep and so I love that like we're having like people are talking about money more and more it's great

06:44 - 07:14
Speaker 1: it really is and I think like how how do you feel about things when we're talking about things at home, like allowances or paying our kids for chores or, you know, or just, or, or education or so When my kids were growing up, my kids are both millennials. I think my son's on the edge of Gen Z. I don't know. But when they were growing up, if they really wanted something, they had to come up

07:14 - 07:14
Speaker 2: with half.

07:14 - 07:43
Speaker 1: Didn't matter what it was dirt bike, drums, they had to come up with half and then we would come up with half because I feel like if you have not invested in something then you're not invested in something but I wonder too like people have very different you know thoughts around well I had kids so I should pay for my kids, or my kids should earn everything, or here's your allowance for doing chores in the house that you live in.

07:44 - 08:19
Speaker 2: So how do you feel about that financial exchange with kids and parents? Yeah, good question. Like kind of some of those decisions are so internal and I just want to respect them. At the same time, right, everything, okay, I am only a cat parrot, you guys, so please forgive me. But I do know I'm 1 of 5 kids and it's like, it wasn't what they taught me, it was what they were doing, right? So I watched my dad and I watched my mom. And I think there is this component where I'm, I think building skills and

08:19 - 08:57
Speaker 2: education, like within your family, it's so healthy, however you choose to do it. And, and just that gentle reminder that like parents should also or anybody should be going through that kind of revolution inside their hearts around how they're managing their money, how are they taking care of themselves. And I actually come from the my I come from a worldview or a community called the financial independence community. And technically, it's the second part is retire early. It's called financial independence retire early. It's the fire community. Yeah. And what it it says, you know, if you start

08:57 - 09:35
Speaker 2: investing $100 at 18, you will have like, wait, millions of dollars if you were to work till 67, you can actually retire at 42. Now, does anyone actually retire at 42? No, we then have access and freedom and ability and choice to live our purpose. So what I tend to like recommend is people just really start early and it doesn't have to be investment in the market. It could be investment in a small business. It could be investment in a real estate opportunity. But the sooner you start, the compounding interest is gold. And what I wish

09:35 - 10:08
Speaker 2: someone had told me was that sooner Because I didn't realize it until I was 32 No, I could I could literally start pouring I think it's like a thousand dollars a month from 32 on. And this 18 year old who started with 100 and stopped at 32 will still have more than me. Wow. Right. And so starting now I'm getting, and you know, I have a lot of, families that I helped there. They've actually got Roth IRAs for their children. You know, there's just this this education book piece, and I just want people to know that

10:08 - 10:44
Speaker 2: the I don't know. OK, I don't know if the word is correct. The zeitgeist is not necessarily like working at the same company forever for a pension. That right, we know that that's not true anymore. My grandparents, you know, we don't have pensions anymore. We don't have corporate loyalty. So we really have to start considering how we can support ourselves and our communities. So this isn't like a bootstrap situation where everyone's just gonna stay quiet in their homes and bootstrap their way up. This is like social media, we're talking. We wanna raise each other up together.

10:46 - 11:06
Speaker 2: We wanna be like isolation sucks, togetherness rocks. Right, and so from that, just from that fire community perspective, I'm hoping to bring like illumination to how you can kind of start early and not suffer later, if that makes sense.

11:06 - 11:33
Speaker 1: It does make sense. And even when you talked about budgeting being more for, so that you can have fun, not so that you have to sit in a hole until it's time to cash in. Yeah, like talk, talk about the budget piece, like, especially when we're talking about, like filling that gap that the schools aren't doing. If you're at home talking to your kids about the financial piece, like what are we budgeting piece? What are we what are we saying that they're going to hear?

11:34 - 12:11
Speaker 2: Yeah, so I mean my budget, you guys, I have, I just have some really funny line items that make me giggle. Like, I have my video game line item, right? Very important. And, like I have these all towards the top of my budget. Most of us have digital budgets now, right? I'm a certified coach for YNAB, which is you need a budget.com. That's a very, it's kind of the gold standard of budgets online. I teach teens and young adults how to use it all the time. They're so quick and then they've got their budget and we're

12:11 - 12:43
Speaker 2: putting all the emojis and all the unicorns and all the glitter at the top and all the fun things that you are ready to blow money on. Right. And I think there's a lot of value judgment. And it's like, well, you shouldn't be spending money on like this or that. I really believe you should spend money on whatever you want, as long as you have your needs covered and you are paying your future self now. So let's say I make sure that everyone's, let's say you're 18, you're putting a hundred dollars in automatic withdrawal into some

12:43 - 13:17
Speaker 2: kind of account that's going to grow. As long as that's taken care of and your needs are met, go for it. Pick your passions. I don't care if it's purses or travel or whatever people think is junk. Yeah. So we really do want to have conversations though around core values, right? Like when I spend when I buy books on Amazon, that's 1 thing. But when I go down to my local bookstore and I spend like an hour and I pick that 1 book. This is a feeling that carries me for weeks. I'm like this is my

13:17 - 13:55
Speaker 2: core value. I love my community. I love spending time there. I felt community connection. I've got core values of love. So it just really fills my cup to buy that book. And I think we have a consumer mindset in our country that's just like, let's just buy random crap from Tmoo and like weird Chinese markets steal our data. And like, again, I'm not really judging. It's just that like, our money is precious. And it represents who we are and how we decide that our blood, sweat and tears every day gets funneled. And so I want us

13:55 - 14:28
Speaker 2: to have these conversations. Where am I going to place my money? Why do I love my money? It's so valuable to me. And when I am going to blow it, is it exactly where I want to blow it? So, yeah, when you when your budget, you know. Everyone's different. My sister is very different from me. Her clothing budget is very high. My clothing budget is like 15 a month, almost 0. But I'm like, really, I like I hard slash things that do not matter to me. Now, some people like balance, but I think I think the

14:28 - 14:40
Speaker 2: younger generations are much More excited to really funnel money to what they love and a little less balance and a little more extremes I don't need this. I don't need that but I do need this

14:41 - 15:15
Speaker 1: And as you're talking about spending I'm feeling like, you know in the bookstore for me it's going to the local roaster instead of like the drive thru coffee place. Yeah, yeah. And and having my coffee in there and people watching and what you know, watching the pour overs and it's an experience. It's a year. Yeah. To me, that's like, like for me, I'm separating that it's like, oh, that's an experience for me. But actually, okay, I'm spending my money there. So that's a really good energy. It's like that turns my money into energy, good energy, as

15:15 - 15:22
Speaker 1: opposed to, you know, oh, yeah, that's, it kind of changes the perspective.

15:23 - 15:58
Speaker 2: It does. Yeah, there's a famous author, her name is Vicki Robbins, and she just talks about like, it's your life force. We don't know why in this 3d planet that all of who we are is like drilled down to this dollar bill thing. But really it does represent our life force, our time, our health, and our small blip on this planet. And if we take it to that extreme, we start seeing our money as like, a little more valuable than we saw it before.

15:58 - 16:37
Speaker 1: Yeah, yeah, Absolutely. And I feel like, as we're, as we're, you know, as we're spending, and like you said, the independent book, like it's a it's a ripple effect out. As right instead of just this coin and bills, like it's it is, it is. Yeah, I just think a positive energy and what am I, I'm trying to describe what I'm trying to say and that is money. You know, there was this this thing about money like you money is evil and money makes you this and money makes you that. But you look around and you see

16:37 - 16:55
Speaker 1: hospitals that are paid for by someone who had a lot of money. And all these organizations, like I think if you look that way you see what money can actually do Yeah, yeah, I Love this. It's

16:57 - 17:33
Speaker 2: That belief that you just said that money is evil, right We have all these beliefs and I think we should do some work to unravel them. And I have this, I have this like new thing where I think, okay, if you are struggling financially alone in your home and you haven't told anyone because you're in isolation and you fear guilt and shame because yeah you haven't been spending according to your core values now waves freaking me out. I really think you should invite your best friend over or have an entire bring a bunch of them over

17:33 - 18:07
Speaker 2: there's champagne and you have a white board and you present like look this is how I'm struggling this is where I need help I need support like this is the new thing or with my best friend I remember we came over to each other's houses and we reviewed each other's bank statements because we were like, what is going on? And this is how like, this is how we uncover and bring light and love to our suffering at home alone. This whole bootstrap situation is kind of, I understand the ideal. It does feel good to boots, like

18:07 - 18:40
Speaker 2: I did this myself, but I just don't think that that's working for us anymore. So if you are having that panic isolation, Some people are arguing with their partners about it. It's the number 1 predictor of divorce. You know, it's this huge thing. It's like, it's time to tell someone and get help. And if you like, I would, I have a lot of clients of kids and like they're approaching their children like, look, we've actually got some debt or going to be pulling in the reins, but we're going to be doing some fun stuff. We had

18:40 - 19:13
Speaker 2: this new idea with, instead of going out to a really fancy dinner with the extended family, we decided we were going to do a frozen pizza contest at the house. And right. And that's just it's going to save money. It's going to help our goals, but it's even more fun. It actually hits our core values more of like fun, excitement versus going out. Right. So there's just a lot to think about in terms of like why are we trying to do this alone and struggling and how do we get creative and come together?

19:15 - 19:57
Speaker 1: Yeah and you know this day my kids are 31 and 34 So with the way the economy is right now, like there's, there's no way they're buying a house. There's no way there's you know, when I got out of high school, I got out of high school, got my first job by house. Like 1986, I bought a house for $85,000. And then I flipped it. Like, it was like, so accessible. But cost of living and wages, right? Like, they just don't line up anymore. So can we, my daughter lives in like downtown Toronto, where it's very,

19:57 - 20:38
Speaker 1: very expensive. And of course they rent. And I'm trying to, I think we've had this conversation where, you know, they, renting is terrible for whatever you could rent, you could pay a mortgage for. But what's more important, and you tell me with with budget and finances is loving absolutely loving where you live. But renting or you move out to Bumpak, Iowa. And you know, you have a third of the price of the mortgage but you're in a space that doesn't resonate but it's better to pay a mortgage and pay rent.

20:38 - 21:17
Speaker 2: What do you think about that? Sure so the science actually supports renting But I am a home person right? I want a home, right? So the science is actually more in favor of renting now. I'm sure some people might argue with me on that but I Would as a non renter I feel confident in saying that 1 of the most famous financial people right now is Ramit Sethi. He has a Netflix show right now. He is a million dollars and he still rents and he will fight you. You know, he's cool. He is comes from a

21:17 - 21:55
Speaker 2: similar lineage of me in terms of like the fire community and feeling like this is a purpose-driven life and If you feel super strong about Toronto amazing Renting is great Renting is fine. You can actually save money by not buying that house. As far as moving, now I did move to a media. I went from a high cost of living area. I'm from the Bay Area in San Francisco. I moved to Eugene, Oregon, which is medium cost. There's a thing called geo arbitrage, which we talk about in the community, which is where you try to hack

21:55 - 22:35
Speaker 2: the system. Like maybe you can work in Google, but you can work remote in Mexico, right? Yeah. And so we're all getting really creative because I like I said before the macroeconomics and honestly if you're indigenous or a BIPOC you have other forces working against you besides Just the regular forces that someone who's a white queer person is identifying, right? So we have so many things working against us that we're all starting to try to hack the system because I, you know, I don't know all the answers about some of that So geo arbitrage is trying

22:35 - 23:06
Speaker 2: to figure out ways to kind of make it work Yeah, do you live with your are you a millennial living with your parents to save money? Brilliant Right, but we're all trying to get creative because we are a bit stuck. It is hard. Like, yeah, I think my, my father-in-law, but you know, yeah, they bought their house for so cheap back then. And, and it's hard for that generation to see that they were getting all these rates that were so different from what we can do. So, you know, I won't, I don't want to sugar coat

23:06 - 23:43
Speaker 2: it and tell everyone like, it's fine, just have fun. Like, shit's real out here, right? And we have this 1 precious life and how are we going to make it work and how can we advocate as well. I'm always down to talk about that financial policy but not for today. But yeah, you know, if someone were to come to me and tell me, hey, I really want to buy a house. I really want it to be in Toronto, right? We might have some creative conversations around that. At the same time, sometimes moving to this, this idea

23:43 - 23:56
Speaker 2: of the unknown is a major curiosity to me, Cheryl, because it's like, what happens when we do move somewhere and it's it's nothing and it's not who what we thought it would be. But there could be really cool people there.

23:56 - 23:57
Speaker 1: And we're

23:57 - 24:09
Speaker 2: always now. And if it's like if your passion is to have some animals and like some goats and like live that life. But it's like for me as a queer person, right? I would need to really consider where I'm going.

24:09 - 24:10
Speaker 1: Yeah.

24:10 - 24:31
Speaker 2: But also that there is the unknown. Like, I think we're all we get a little stuck and be like, I'm going to buy this 1 house and live here forever. And it's like, go to Iowa, like buy some property, see what happens. If you love it, great. If you hate it, even better. Like this is life. Let's be adventurous. Just kind of shaking that up a little.

24:31 - 24:36
Speaker 1: I've moved 15 times. There you go. See? I'm

24:36 - 24:37
Speaker 2: a transient.

24:39 - 25:03
Speaker 1: Yeah, I totally have moved it and from 1 spectrum to the other small town like just so yeah, shake it up a little is great. And I have no problem with that. No problem with that. And my parents moved into their $20,000 home in 1962 and my mom is still there. Yeah. And then their daughter. Everywhere, right? Everywhere, everywhere.

25:03 - 25:27
Speaker 2: People like all live in our passion And in that scenario that you asked, I wouldn't say that there was 2 options. I would say that there's a million options. Another thing we talk about is a lot of, you know, there's a version of you can buy a fourplex and live in 1 and rent out the others. There is buying a duplex, renting out the other side. There's a lot of variety to how we can approach all these, approach this.

25:27 - 25:46
Speaker 1: Yeah, yeah. It sounds like, you know, when you hear financial wizard financial coach, you think, Oh, we're going to sit down and we're going to line up my budget. But, but just talking to you, I feel like there's so much mindset and consciousness behind your coaching. Can you talk about that?

25:46 - 26:21
Speaker 2: Yeah, I do something called value driven finances and I know I've been speaking about core values, but what are they? And so that's something I run through with people. We credit collect some core values of ours. And I don't you know, this is like a North star. This isn't like every decision needs to be according to like my core value. But my core values are like love, laughter, connection, authenticity. And so it's best, I'm happiest and most fulfilled and I feel less existential angst when I kind of live according to these principles, right? Because some of

26:21 - 26:45
Speaker 2: the other sides of these are loneliness, fear, self-hate, you know, the dark side. Like, you know, I want to be my master Jedi, like be in my, with things that fill my existential cup and you know, there's always going to be things that, you know, what am I doing here? There's always

26:45 - 26:46
Speaker 1: this question.

26:46 - 27:22
Speaker 2: Yeah. So for me, I help people. Yeah. Let's unravel some financial beliefs, especially if it's between partners. That's a big 1 to discover who we are as individuals, as a family, and then kind of start making decisions based on that. And yeah, we do budgets and we also get creative. Like, where is it that we want to go? What are our dreams? And how can we get there? And you know, a lot of us, myself included, it's scary to dream big because we do live in this really chaotic planet right now. Like it seems unstable. And

27:22 - 27:41
Speaker 2: I just want to recognize and honor that. And also we want to do it in a really supportive way. So it's sustainable and that you'll like, you know, you've got cash and money that's going to support you if anything happens. That's a big 1. Getting slammed by like a medical bill, right?

27:41 - 27:42
Speaker 1: So yeah, yeah.

27:43 - 27:46
Speaker 2: It's a safety thing for me too. Yeah.

27:46 - 27:54
Speaker 1: So you're taking your aligning the value, you're stepping there first aligning the values and then bringing the money into it. Is that my hearing?

27:55 - 28:28
Speaker 2: Ideally, that's how I would do it because we're not robots. We're human. And if we were robots, we would just, the money would make sense. But I would say most people we jump in on finances first and then we realize that we have to go straight to Figuring out what what's the humanity behind it? So, you know what I do is I create a strategic map with everybody and it's completely different and it's rainbow colors and it's beautiful. But this strategic map, you know, this is no longer paycheck to paycheck. This is not like living like

28:28 - 29:02
Speaker 2: by the seat of whatever your shorts or whatever that fricking this is like an action plan where everything is going to make sense because we're going to center our finances in our lives once and for all and a small investment in something like This is like the forever kind of life. So again, this can be done. It doesn't have to be me. It can be another financial coach. It can be your best friend and starting to read books and watching Ramit Sethi's show on Netflix and reading Vicki Robbins. But I think the key is that we,

29:03 - 29:40
Speaker 2: again, it's not, we're leaving isolation, the guilt, the fear and the shame. I have so much, I had so much shame about money. I had spent debt that I'd gone into, you know, I went into $30,000 of consumer debt. I couldn't tell you where that went. I have an idea. But it's all gone, right? And so when I had to climb out of that, you know, just, it's just, it's hard to deal with sometimes. And that's okay. Yeah. So there's just, like I said, there's a lot of tricks and tips to it, right? There's travel hacking,

29:40 - 30:17
Speaker 2: there's geo-arbitrage, like I talked about. There's, yeah, all the real estate ideas. There's just ideas around doing your budget in a way that's actually fulfilling. I've seen people people's budgets that they've shown me and it's just like where was the fun? When are we funding what we love? And I realized some of us are living on very tight budgets. So we've got to get creative there too, to figure out how, like, how we can move forward. That's a stuck place that no 1 deserves to be in. And I think a lot of people feel like there

30:17 - 30:24
Speaker 2: is no hope. And I just want to provide that hope. I've seen it. We can do it. There's hope.

30:24 - 30:57
Speaker 1: Yeah, and the isolation piece, I think, is huge. Because of the shame, then you don't talk about it. And then you don't realize almost any issue, not just financial. But when you open up to somebody and they're like, Oh my god, me too. Yeah, I'm 2 steps ahead. So this is what I did. And this is what they and then it becomes, oh my god, seriously? Why didn't I do this before? Like it's just such connection and community is key for sure. I even talking about it. Parents starting to talk about it at home, like now,

30:57 - 31:10
Speaker 1: talk about now, talk about the deck you got into, talk about your credit card issue. But if you're honest, then the kids can go, oh, they're watching you. Always watching you.

31:10 - 31:10
Speaker 2: Yeah.

31:11 - 31:12
Speaker 1: I think that's super important.

31:13 - 31:51
Speaker 2: Being open and honest just feels good to me. You know, I guess I wish that my parents. Yeah, like that there had been some semblance of like, look at all the stuff with us, right? And like, we made some mistakes, but we'd like you to like, check those out and maybe make a different decision. And oh yeah, I just, starting early is so crucial. And most people that I work with, they don't even want to look, it is completely, it's The level of panic is so extreme and I get it. That's how I got into debt.

31:51 - 32:35
Speaker 2: I was like, whatever. It doesn't even matter. Looking at even an APR percentage on a credit card, it can be really challenging. But once you look, it's worse when you aren't looking. It grows and grows and grows. Then we look and people go, well, yeah, all right, now what? So looking is such a big piece of it. That's actually usually the first step I ask people to go through is an audit. Like, let's just look at what happened last month in detail. Like, where did your money go? And that is a revealing process. There's sometimes tears

32:35 - 32:41
Speaker 2: or anger. But once we're over that hump, it's like, all right, let's move forward now. What? Yeah.

32:42 - 32:56
Speaker 1: Yeah. So first step would be look at the budget. What would be a couple of steps they would, let's say at home, parents are like, okay, we're going to sit down. What are the 3 things you would say a parent should start with in these conversations?

32:57 - 33:11
Speaker 2: Sure. Yeah. You know, I think there's resources out there. And again, it's like a language. I think like if I were to, it's a language thing. It's like, we're going to sit down. I'm already stopping us. They're like, I don't want to sit down.

33:12 - 33:13
Speaker 1: Yeah, that was bad. Sorry.

33:14 - 33:45
Speaker 2: No, you don't have to apologize. I'm, I'm, I'm sensitive to, I'm reactionary because I am a wild and free spirit. You know, I want to run around in the desert, my underwear. And the last thing I want to do, you know, is have a budget. But so, yeah, it is this conversation like, hey, let's sit down and do some dream casting. What are the dreams that you have? What are some visions that you've been thinking? Have you ever thought about like, right? What is like? Yeah, maybe it's like trade school versus this major. And like, How

33:45 - 34:20
Speaker 2: are we going to do that? Or have you ever started to think about putting some of your money into an account that'll grow with compound interest? Have you ever seen this online calculator? Did you know $5 can turn into $100 if you let it sit? There's resources, but there's such great books out there and there's Instagram accounts. There's 1 called personal finance club That's the 1 I recommend to everyone in your feed So yeah, I think that dream that vision that's what really inspires us No 1 needs a budget to take care of their boring stuff.

34:20 - 34:21
Speaker 2: You know, we want to fun

34:22 - 34:25
Speaker 1: You want to dream casting? I love that.

34:26 - 34:53
Speaker 2: Yeah, so I think it's also like teaching. How do we dream big? I think as adults we start getting limited and risk averse but our kids aren't and they that's the perfect time to go nuts and yeah what if I started this gluten-free cookie business like cool I don't know I'm gonna start mentoring kids like those are small businesses or you know, whatever like really encouraging free free dreams.

34:54 - 35:08
Speaker 1: I love it. That's awesome. That's so awesome. Is there anything that I didn't ask you that you wanted to say last words I don't want to miss out on your wonderful wisdom but is there anything you want to add?

35:11 - 35:14
Speaker 2: Wow I feel like I've totally told you guys everything I know.

35:16 - 35:20
Speaker 1: That's cool. How about you tell us where we can find you? How we can work

35:20 - 35:51
Speaker 2: with you? Definitely. So my Instagram is financial coaching with wave and that's where you'll find my alter ego bad Betty. Cannot miss her. And through there, you know, a lot of times people may not be ready to work with me, but they want to have a chat So that's a good place to do it. My website is coaching with wave calm I do work with young people. I do work with families. I do work with couples And it's absolutely my passion. I have some free resources and mostly though I'm down to have that free coffee chat

35:51 - 36:03
Speaker 2: I feel like I can at least point you to the right direction verbally, which is a little easier than I don't know reading this book or that, you know, so Yeah, so financial coaching with wave or coaching with wave.com.

36:04 - 36:18
Speaker 1: That's great. And the fact that you're offering a chat is fantastic because sometimes like just don't wait, don't sit there in your squalor and your isolation and then your panic, just make a call. Yeah. And, And that's the next step.

36:18 - 36:31
Speaker 2: And I think that sounds like a really important step. Definitely. And it's just tea and coffee. I'm an authentic marketer. I am not trying to oversell you there. It's just easier for me to check in with you and point you to where you need to go.

36:32 - 36:42
Speaker 1: Yeah. Well, in this way, we find out, right? When you meet, who's your person and who's not your person. Sometimes it just doesn't feel good. Yeah. Sometimes the vibe is fantastic. So.

36:42 - 37:01
Speaker 2: I am not everyone's cup of tea, but you'll notice that I'm not Chad. I am wearing a button up today. But right, my passion is people who may be a little freaky or outside the box, or just want to think differently this way. Right. So I love it. I love it. Somebody there's somebody for everyone. And yeah.

37:02 - 37:32
Speaker 1: Ah, Well, thank you so much. I really appreciate the work you do is fantastic. Your energy is fantastic. You have to go on on waves website is just glitter and gold and just such I just love the shift. That's what we're trying to create with this podcast, just the shift in thinking and being able to just kind of be ourselves and figure out the like the great energy and the resonance that's going to bring all the good to us instead of resisting it with all this bad energy. And I love it. So thank you so much.

37:32 - 37:52
Speaker 1: Thank you for listening to Teen Minds Redefined. Thank you, Wave. Check out Wave and all the resources will be in the show notes. And yeah, thanks for stopping by. Teen Minds Redefined with Cheryl Pankhurst. New episodes out every Wednesday. Thanks for stopping by.

38:00 - 38:01
Speaker 2: You