Is anyone honestly excited about budgets? Maybe two people out of 100!
Let’s explore why we don’t like traditional budgets and how to shift our mindset around tracking out numbers.
In this episode, Financial Dignity® Coach, Christine Luken, talks about the challenges of traditional budgeting and offers a new perspective on managing personal finances. She suggests reframing budgeting as a prosperity plan or a wealth accumulation plan and emphasizes the importance of a sustainable and personalized approach. Christine also touches on the importance of both micro and macro budgeting and explains what they’re best suited for.
Christine talks about:
Why budget is an emotionally loaded word
The cookie cutter problem with traditional budgeting
Why the pass/fail paradigm is a problematic approach to budgeting
As a business owner, securing your financial future requires making important decisions and considering various factors.
It’s easy to get caught up in the daily hustle and forget about the need to build a strong retirement plan.
In this episode, Financial Dignity® Coach, Christine Luken, sits down with Darren Wurz, co-owner of Wurz Financial Services and host of The Lawyer Millionaire™ Podcast. They dive into retirement savings options for business owners. They explore strategies like backdoor Roth IRAs and solo 401(k) plans. Darren also highlights the importance of building savings outside of retirement accounts and cautions against relying solely on the sale of assets.
Christine and Darren discuss:
Darren’s background and experience in financial planning for attorneys and law firm owners
The difficulty for self-employed individuals to prioritize saving for retirement
Retirement savings options for solo entrepreneurs and small business owners
The benefits of a cash balance plan for retirement savings
Non-qualified compensation plans
The importance of considering saving and investing outside of retirement accounts
The potential pitfalls of relying solely on the sale of a business or property for retirement savings
Darren Wurz specializes in financial planning for law firm owners. He is a Certified Financial Planner® Professional with an M.S. in Financial Planning from Golden Gate University. As a fiduciary and fee-only advisor, he has developed expertise in the unique financial planning needs of those in the legal profession, and he now specializes in serving attorneys and law firm owners across the country. His mission is to help his clients achieve financial independence as they define it. As a small business owner himself, he is deeply familiar with the challenges of solo practitioners and small firm owners.
He is the host of The Lawyer Millionaire Podcast, available wherever you get your podcasts, and author of The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence, published by the American Bar Association. Darren is a member of the American Bar Association and the Financial Planning Association. Locally, he is a member of the Cincinnati Bar Association, the Northern Kentucky Bar Association, and the Covington Business Council. His office is located in Cincinnati, OH, and he was born and raised in Toledo, OH.
Have you ever felt guilty about desiring wealth? Have you been told that money is the root of all evil?
Dive into this episode as Financial Dignity® Coach, Christine Luken, unravels the intricate ties between money, spirituality, and morality! Dismantling long-standing myths and drawing from the wisdom of thought leaders and spiritual teachings, this transformative journey offers a balanced view of wealth, fostering a positive and dignified relationship with finances.
Throughout the episode, Christine dives into:
Discover the paradigm shift that recognizing money as a tool creates in your wealth perspective
Debunking misconceptions around wealth and spirituality
How to navigate wealth, embody generosity, and respond to scrutiny with grace and dignity
How to ensure that money is your servant, not your master
How to uncover, process, and heal your emotional money triggers to achieve financial dignity and success
It’s rare to find a person without emotional money baggage. Most of us have at least one money wound haunting us from the past. What’s yours?
Dive into this episode with Financial Dignity® Coach, Christine Luken, as she hangs out with the fabulous Emily Wilcox, the Money Healer and Business Guru. Emily reveals her own money wounds and how they inspired her to make it her medicine to help fellow female entrepreneurs. Ever heard of the “Money Shame Wound” and “Hard Money Wound”? Emily breaks them down and lets us in on her secret to make those money wounds vanish!
Christine and Emily discuss:
Emily’s journey from money mishaps to financial finesse, and why she’s passionate about guiding entrepreneurs on a similar path
The skinny on money wounds: What they are and the signs you might have one
Unraveling the mysteries of the “Money Shame Wound” and the “Hard Money Wound”
Emily’s effective strategies to smooth out those financial creases
Emily Wilcox is a Multi 7-Fig CEO and Business Coach, Money and Business Mentor, Podcaster, and Creator of Money Wound Medicine. Emily is on a mission to bring more conscious wealth to this planet by helping entrepreneurs heal their money wounds and call in big, aligned, joyous moolah. She is happily married for over 12 years, a mom of two amazing kids, and loves crossfit and pilates in her spare time.
In this episode, Financial Dignity® Coach Christine Luken challenges conventional wisdom about debt, offering a nuanced perspective on what is often viewed as a financial no-go zone. Far from being just a problem or a solution, debt is a tool with many faces. Christine breaks down how to navigate debt responsibly, and what sets “good debt” apart from “bad debt.”
Throughout the episode, Christine covers:
How chef’s knife and dumbbell analogies illuminate debt’s dual nature: useful or harmful
The essential differences between “good debt” that propels you forward and “bad debt” that entraps you
How to assess your comfort level with debt before taking the plunge
Why the concept of “prolonged pleasure” is a healthier alternative to instant gratification
Ever wonder why you feel calm in a green room or why red makes your heart race?
In this episode, our guest, Color Psychology Strategist Michelle Lewis, plunges into the mesmerizing field of color psychology. Explore how color not only influences your emotions but also significantly impacts your financial decisions, relationships, and business interactions
In this episode, Financial Dignity® Coach, Christine Luken and Michelle discuss:
The soothing power of green in fostering financial stability
How opting for purple in business meetings can boost trust
Navigating delicate financial conversations with your partner using colors like purple and orange
Aligning your daily attire with your goals for maximum effectiveness
How to turn your wardrobe into a toolkit for emotional and psychological well-being
Michelle Lewis is a Color Psychology Strategist and Visual Presence Expert. Michelle specializes in turning struggling brands into eye-catching success stories. Through her signature Color Course, she helps businesses find their unique brand color and voice, attracting the right customers and boosting sales. She’s been featured on prominent platforms like TEDx, The Huffington Post, and EOFire. Whether you’re a solo entrepreneur or a large corporation, Michelle’s innovative strategies in color psychology and visibility can revolutionize your business.
Have you ever wondered why we choose instant gratification over long-term rewards?
In this episode, Financial Dignity® Coach, Christine Luken uncovers the psychological and biological factors behind our saving habits. Christine discusses how to conquer present bias, save for safety and pleasure, and master the art of delayed gratification.
Discover how emotional factors influence saving attitudes and why saving isn’t just about restricting spending. Get ready to supercharge your financial strategy with smart goal-setting, automated savings, and more.
Christine discusses:
The emotional factors behind saving money and how to recognize + curb poor saving attitudes
Why saving money isn’t the opposite of spending money
How to start implementing visuals reminders & delayed gratification in your finances
The role of an emergency fund in your financial plan + how to start making yours
Have you ever wondered if your acts of kindness are truly helping or unintentionally fueling poor financial habits?
Brace yourself for a mind-bending exploration as Christine dives deep into the world of financial enablement, deciphering its meaning and empowering you with the tools to identify and address this delicate issue head-on.
With a dash of wisdom and a sprinkle of practical advice, Christine will guide you through setting healthy boundaries and fostering financial independence for your loved ones. Get ready to reclaim your own financial power while supporting those you care about.
In this episode, Christine explores:
Unveiling the fine line between helping and enabling
Recognizing when your “help” falls short of being helpful
The crucial first step to fixing the enabling dynamic
Preparing for “the talk” and establishing healthy money boundaries
And much more insightful advice to transform your financial relationships!
Have you ever felt like you had no control over your finances?
Financial abuse is a common form of domestic violence that can leave people feeling helpless and trapped.
In this episode, Financial Dignity® Coach, Christine Luken invites Allison Dagney, author of “When Tears Leave Scars”, to discuss the warning signs of financial abuse and how to overcome its effects.
Allison also shares her journey of transforming her relationship with money after her divorce, which was initially filled with fear and anxiety due to the conditioning and programming from her previous marriage.
Allison discusses:
How to recognize emotional and financial abuse
Her personal story experiencing financial and emotional abuse and what she would tell her past self
How she escaped the relationship and discreetly saved up resources to live on her own
Her recovery journey–the strategies she is using to regain confidence, control, and peace of mind
As a young adult, Allison met a man who she believed was the love of her life. They got married quickly and brought three kids into the world. But something was wrong. She was miserable. And she blamed herself for all the problems in their marriage. What she didn’t know was that she was being emotionally abused by who she believed was a narcissist. Allison decided it was time to break free and step into the person she was always meant to be — confident and free to live the life she’d always imagined.
Allison escaped, and she turned her personal story of transformation into a memoir. And now she coaches women all over the world to help them stop thinking of the painful past, experience peace, and start enjoying life like never before.
Unleash your inner money magician with Christine Luken’s enchanting formula for lasting Financial Dignity®! Wave goodbye to debt, skyrocket your net worth, and embark on a whimsical adventure to financial abundance! Abracadabra, it’s time to play with your money!
In this episode, Financial Dignity® Coach, Christine Luken, shares the Financial Dignity® Formula with you. She breaks down the formula into 5 parts: your relationship with money, building a prosperity plan, mastering your debt, emotionally charging your savings, and investing in yourself, and shares some case studies and examples to help you apply the Financial Dignity® Formula to your finances.
Christine discusses:
How to develop a positive relationship with your money
How a prosperity plan can eliminate the problems with extreme budgeting
How you can master your debt by using it wisely and in moderation
How you can emotionally charge one of the important goals you want to save for
Why you should invest in yourself and your financial future
