Flourish Financially with Kathy Longo

Society encourages us to look at things in black and white but, when our finances are uncertain, this mentality can hinder our ability to see a new path forward. The Sherpas of Nepal spend their days guiding eager, daring travelers up the treacherous paths of Mount Everest. What they witness in a month is likely more terrifying than what most of us have experienced in a lifetime. And yet, they con...

Have you ever experienced a major transition in your life? One that changed everything, including your finances? Times like these can be exciting, but they’re also overwhelming and can take an emotional and mental toll. In the midst of transition, self-reflection helps you identify your main sources of challenge and worry. So, this week’s challenge is to jump-start your self-reflection process and...

One of the frustrating parts of financial planning is that your plan is never permanent. Unexpected financial setbacks happen to all of us, and they can be things like job loss, the death of a spouse, suffering the effects of a risky investment, a failing business or many other stressful occurrences. In these situations, it’s normal to feel anger, sadness or fear, but one thing that can help us mo...

Right now in the world, so many people are going through transitions, many of which were unexpected. This is difficult. It’s painful. And it’s easy to feel like a victim of circumstance. But when we choose to own the moment – that is, to take charge of how we act and react in the face of a difficult transition – we can use our energy to accept what is, while also planning for what will come next....

Episode 13: Taking Small Steps Mindset is often the biggest obstacle we need to overcome in order to create a financial plan that will help us meet our goals. In particular, the belief that our goals are simply too big to achieve holds us back from making progress. But, I want to let you in on a little secret: big goals don’t require big steps. They can be reached with a series of small, steady st...

Episode #12: Cash Flow Focus It can be difficult to get excited about your finances, particularly if you feel burdened by debt, lack the income you desire, or feel your financial goals are unattainable. If you’re feeling stuck and less-than-excited about your current financial outlook, you can break your cash flow down into smaller components that let you take more control of your finances - and h...

Do you find money topics to be confusing? Do you lack confidence in your ability to understand financial concepts? If so, you may be suffering from numerophobia - and you’re not alone. This inevitably leads to a reactive approach to money management, but taking a proactive interest in your money is the best way to meet your goals and create a meaningful life for yourself and your family. So, if a...

Your credit score takes into account your amount owed, credit, length of credit history, credit mix, and payment history. It can make or break your ability to accomplish financial and life goals like buying a home and, once damaged, it may take considerable time to repair. Everyone should know their credit score, but many people avoid it because they fear bad news. But, knowledge is power. That’s...

For this week’s challenge, I’m going to encourage you to wade through something that many people avoid, but which is helpful if you really want to take charge of your money – financial jargon. Learning to “speak finance” is a lot like learning a foreign language. Yes, many financial terms are confusing, but with a little time and patience the terminology becomes approachable - and you can develop...

for this week’s challenge, I want you to think back to the last time you received a pay increase. Did you immediately rework your monthly budget to allocate more of your income to savings? Or, like many people tend to do, did you use your increased income to do something like lease a nicer car or purchase a larger home? If your answer is the latter – increased spending – you may be a victim of Lif...

For this week’s challenge, I am talking about building a financial safety net. The world can become an uncertain place in a short time. This economic volatility can lead to fear and anxiety. Having a financial safety net for an unexpected loss of income can provide you with peace of mind and freedom should the worst-case scenario arise. Listen in to think about how you can create an emergency fund...

For this week’s challenge, I’m going to talk about Money Roles and Rules. Remember that you can visit www.flourishfinanciallychallenge.com to find archives of my podcast and free downloads of all of the resources I discuss on this show. In recent weeks, we’ve been discussing the importance of having honest financial conversations with your spouse or partner, and this topic is related. Most househo...

For this week’s challenge, I encourage you and your spouse to get down to brass tacks about your shared financial reality. Whether you’re on the sharing or receiving end of a financial secret, try to remain calm and work to have a constructive conversation so that you can move forward together. If you’re ready to go all-in on your financial reality conversation, head to https://www.flourishfinanci...

for this week’s challenge, I am going to talk about your spouse and money. To download your Seven Questions to Ask Your Spouse or Partners worksheet, login to the flourish financially challenge. Don't forget to visit https://flourishfinanciallychallenge.com to login and track your progress. Complete fifty challenges and you will receive a free hardcover copy of Kathy Longo's book, Flourish Financi...

Episode 3: The Numbers Game for this week’s challenge, think about a number you’ve been fixated on. It could be the number of clients you’d like to have at your business, the age at which you hope to retire, or even the desirable zip code you hope to live in. After you identify your number, ask yourself WHY. Why is this number important? What will it mean for your business, your life, or your fami...

Episode 2: Your Money Story This week, host and Flourish Wealth Management owner, Kathy Longo reflects on her earliest money memory. Her challenge for you this week is to think back to your earliest money memory and how it impacted your life. Don't forget to write us a review on your favorite podcast provider as well as on your Amazon Alexa app. To get in touch with Kathy, learn more about her fir...

Don't forget to write us a review on your favorite podcast provider as well as on your Amazon Alexa app. To get in touch with Kathy, learn more about her firm, Flourish Wealth Management, or download resources from the Flourish Financially Challenge, register at www.flourishfinanciallychallenge.com . You can keep track of your challenges and accomplishments plus get free resources and discounts on...