Expo! Expo! IAEE’s Annual Meeting & Exhibition 2024 takes a deep dive into the inner workings of exhibitions and events with six unique learning tracks from thought leaders such as Holly Morphew, AFC®, Financial Coach, Author, and Speaker with Financial Impact. In her session, Financial Wellbeing: Master Your Money, Master Your Stress, Holly will explain why financial concerns create stress, fear and anxiety as well as offer solutions to resolve them.
The lack of education about money and finances in our society has impacted many people’s sense of safety and security, diminishing their productivity, connection and joy. In this session, Holly will share her methodology for eliminating the reactive behavior with money that contributes to feeling out of control and overwhelmed. Participants will also be inspired to explore new possibilities that come from taking control of their financial worries.
Attendees will learn to proactively manage their personal finances so they feel confident, safe and powerful. What is the most common obstacle people face when trying to shift from reactive to proactive financial management?
When you think about being proactive with money, what comes to mind? For most people, it’s budgeting. But I have news for you – budgeting doesn’t work! Budgeting is a reactive way to manage your money, and this is why the failure rate is so high.
The reality is, every month’s income and expenses are different. In addition, what we plan to happen and what actually happens are different. When you have a system designed to proactively flow with varying income and expenses, managing your money will feel like a breath of fresh air. Learn spend planning instead of budgeting, and see how this simple shift is the first step to financial wellbeing, wealth, and feeling awesome about money.
Participants will also learn the correlation between their finances and their health as a balancing act. Can you share an example of how financial stress can impact physical or mental health, and an effective way to restore balance?
Following Maslow’s Hierarchy of Needs theory, we must meet basic needs before moving on to higher-level needs. At the bottom of the hierarchy of needs are those required for survival such as food, water, shelter, rest, and air. Moving up to the second level is our need for safety, and included in this is financial security. So, until we feel financially safe we cannot ascend to meeting our needs of love and belonging, esteem, and self-actualization.
Financial stress impacts our health and physical experience, relationships, career, self-worth, and more. The antidote begins with awareness. To restore balance, being willing to look at where you are and visualize where you want to be, is the first step to feeling lighter with money. In this session I will show you how to do that in a simple way, with compassion and kindness for yourself that ultimately gives you power and control of your personal finances.
You will teach participants how to build wealth and get on track to retirement (and beyond) by dropping limiting beliefs around money to move from a scarcity mindset to an abundance mindset. What is the most transformative result you’ve witnessed from someone who has successfully shifted their mindset?
So many stories I can share! We are each the product of our subconscious beliefs. Often times, we are not even aware of what beliefs are driving our behavior. By becoming aware of what you learned about money growing up (your money stories) and replacing any beliefs that are blocking you from abundance with new, empowering beliefs about money, you can reach your financial goals faster and more easily.
I have worked with thousands of people over the years and their successes range from eliminating five- and six-figure debt, buying property, pay raises, creating additional income streams, and double digit returns on investments.
What fuels your passion for this subject, and why is this information so relevant in today’s business environment?
I am passionate about teaching personal finance and wealth building because frankly, life is more fun when those around you are able to engage meaningfully. When we do not feel safe – and financial security is integral to feeling safe – we are constricted, which means we do not have the capacity for connection, kindness, creativity, and productivity.
I experienced financial insecurity first-hand when I discovered I had $67k of credit card debt and was living paycheck to paycheck. I was able to overcome this experience using systems, strategy, and mindset, and in the process, I discovered that I wasn’t alone with my financial anxiety.
Many people, regardless of income, experience financial stress, and when they bring it into the workplace it has a ripple effect. Feeling powerful and confident with money is possible for everyone, and enhances the experiences that we create together both in business and in life.
