04: Power Session with Shelby and Johnny: From Strict Goals to Flexibility

 

Today’s Mind Money Balance episode lets you listen to a real couples’ power session with me! Johnny is a member of the Air Force finishing up his Ph.D., and Shelby is a speech pathologist. Together, they have four children and in addition to being debt-free, they are working toward saving up a downpayment for a future home. Tune in to listen to my coaching session with them, and how they were able to see that strict financial goals aren’t always the best approach. Don’t have time to listen? Below is a breakdown of what we covered.

  • Johnny and Shelby are college sweethearts who are actively working on achieving the financial goal of purchasing a home. They had their goal set on buying a home in the fall, but Shelby had a surgery. They really wanted to adhere to this timeline, but as we spoke, they were able to see the importance of moving financial goals to accommodate the realities that life threw at them.

  • They had read several books and enrolled in a course to help them get debt-free. They’ve been debt-free for seven years and were finding themselves looking for something more than a monetary goal. They’d been sold on the idea that being debt-free would make them feel better, but it didn’t feel as free as they’d anticipated.

  • In this financial coaching session, they learned to tune into their values: emotional support, physical health, and having a space that is theirs, help to drive their goals rather than relying on strict goals that others in the personal finance community had drilled into their minds.

  • Shelby and Johnny found that participating in the Clarify for Couples workshop (now a self-paced course!) highlighting the importance of having fun with their money. The biggest takeaway was automating their savings so they first funded their downpayment savings account, rather than waiting until the end of the month and saving their leftovers.

  • Giving themselves compassion and grace was a big takeaway from today’s coaching session. They realized that Shelby’s health was more important than rigidly adhering to someone else’s guidelines.

I’m so grateful that this couple came on the show, shared their story, and am grateful for their service as a military family. Clarify for Couples is the workshop Johnny and Shelby mentioned at the top of this episode. If you want to go through this mini-course, you can! Check out the self-paced, three-module course right here.

 
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05: Financial Anxiety and Relationship Building

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03: Coping with Financial Anxiety in Times of Uncertainty