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Welcome back to BeREAL! This week, Diana and Ednesha are joined by Money Emotions Manager Vivi Schenk.
As a Money Emotions Manager and Money Coach, Vivi Schenk helps millennials get unstuck with money, teaches them how to have a healthy relationship with it and equips them with financial knowledge so they can build lasting wealth.
Vivi begins the episode by explaining the financial mistakes she made when she was young. She states her goal is to help millennials to avoid making the same mistakes she did. One reason why money is such a hard concept to grasp when young is because it is often viewed as taboo. Because it was so hard to learn about, money began to affect Vivi’s lifestyle and even her relationships. She claims she only knew how to spend, and not how to save.
Vivi then discusses how mindsets about money exist on a spectrum. On one end, money can make people very anxious, and on the other end it can be too heavily relied upon to make people feel better. This spectrum lends itself to a cycle. People will spend money, feel guilty, spend more money to feel better, and then the cycle repeats. Vivi highlights that it is important to set goals for yourself. She emphasizes that you need short term goals as well as long term. Without short term goals, you will not enjoy life and want to give up on the long term goals.
The most important thing young people must learn is how to make financial sacrifices. You must make sure you do not trade what you want most (a long term goal) for instant gratification. Ednesha brings up the point that people in their twenties don’t want to make sacrifices, they want to take the world by storm. Vivi points out that this is the best time for people to evolve their financial understanding.
To finish off the episode, Vivi talks about her work. She tells listeners how they can work with her, and what they can expect from a consultation. The process usually takes about three months and during that time Vivi works with her clients on both emotional and strategic relationships with money. Vivi also has free finance tools available on her website for everyone!
Thank you for tuning into BeREAL this week! Be on the lookout for an all new episode next Tuesday. In the meantime, make sure to check out last week’s episode with the women of Root and Nourish.
For more information on Vivi and her work, visit the links below:
Website: http://www.vivischenk.com
Instagram: https://www.instagram.com/vivischenk/
Facebook: https://www.facebook.com/vivischenk1/
YouTube: https://www.youtube.com/vivischenk
Linkedin: Vivi Schenk
For more information on BeREAL (our psychotherapy podcast) and BeWELL (our psychotherapy practice in New York City and Hoboken, NJ) visit the links below:
To schedule a therapy appointment text BeWELL to 484848 today
Facebook: https://www.facebook.com/Be.WELL.Psychotherapy/
