Episode #61 Build Your Money Muscles with Joan Sotkin

Today I have the truly inspiring Joan Sotkin with me! Joan has been working people on their finances for over 20 years, she is the author of Build Your Money Muscles: Nine Simple Exercises for Improving Your Relationship with Money and the host of the Prosperity Show podcast. She has a story that you will not want miss, and has learned trust like no one I have ever met.

She shares with us the connection between our financial choices and our emotions. Years of working to release her own repressed emotions helped deepen her understanding of how we act out family-of-origin issues through our businesses and finances.

She loves working with forward-thinking individuals who are willing to implement new ways of being with themselves and their commercial ventures. As she continues to learn and grow, her passion is sharing with others and helping them find both peace of mind and prosperity.

A major portion of Joan’s work is helping people change the habits in their emotions so they can change the habits in their money management. This involves rewiring the way that your brain works.

Rewiring your brain for prosperity

When you move into a new way of being, you get the Moving Stupids!

How to deal with the Moving Stupids

1. Recognize you are dealing with the Moving Stupids – acceptance IS the first step with this too!
2. Become ok with the discomfort of being there – Go through the Tunnel of Transition – it can be dark and disorienting inside, but once you start to see the light at the other end, you get your footing
3. Have a Prosperity Buddy, going through the same process you are – company makes all the difference!

Quotes

• “I learned how to be ok with whatever was going on.” – Joan
• “Money problems, like weight problems and a lot of other things, have an emotional base.” – Joan
• “I was doing what people want to do, but I learned that you have learn how to manage the money.” – Joan
• “If there wasn’t an emotional component, anyone could just read a book [about money] and be successful.” – Jen
• “What I’ve come to understand is that everything about us is a habit.” – Joan
• “It’s your emotions that inform your decisions that are behind your behaviors.” – Joan
• “You have to be able to recognize what you’re doing, decide if you want to change it, and have a plan for changing it.” – Joan
• “Underearning and overearning are both expressions of longing.” – Joan
• “Getting rid of that longing means you are threatening your identity.” – Joan
• “It’s the process of change that’s the problem, not creating new financial habits. The amygdala is saying you are walking into the unknown, danger! danger!” – Joan
• “People who have billions of dollars and need more very possibly don’t feel wealthy because they are trying to get to that point of enough.” – Joan
• “I think it’s also important to eat right, I have not had sugar since August 11th, 1973.” – Joan
• “This is why it’s so important to meditate: it teaches you to focus on the moment, not the future.” – Joan
• “Fear doesn’t solve any problems.” – Joan
• “Losing money is not bad, it’s just uncomfortable. What does it take to accept where I am and take action to move some place else? When you are in fear it’s hard to take action.” – Joan
• “If someone comes and says that they need more money, I help them understand that they need more people. Because money comes from people.” – Joan
• “The feeling alone doesn’t come from the financial issues, the financial issues come from feeling alone.” – Joan
• “Money by itself has no power at all, it’s just coins or paper, or numbers on a spreadsheet, it’s when it passes between two people or entities that it gets it’s power.” – Joan
• “Money is actually a symbol of relationships, how you deal with your money is similar to how you deal with your relationship to yourself and others.” – Joan
• “So many people want their lives to change, but they don’t want to change.” – Joan

Joan has several main programs running right now: Rewire Your Brain for Prosperity and Financial Freedom,  Financial Freedom Formula, a holistic blueprint for success and Simple Meditation for Busy Entrepreneurs. Both of which can be found on her website at prosperityplace.com/programs.

Joan’s website: www.prosperityplace.com

Remember you can highlight any text in this post and share it, give it a try!

Book Resources

The Power of Habit: Why We Do What We Do in Life and Business

Build Your Money Muscles: Nine Simple Exercises for Improving Your Relationship with Money

Childhood Disrupted: How Your Biography Becomes Your Biology, and How You Can Heal