Breaking Financial Curses: How Your Money Mindset Shapes Your Future

💰 What if the biggest obstacle to financial freedom isn't your income, your job, or the economy—but the beliefs you've carried your entire life?

In this powerful episode of Breaking Curses with Excellence, host Christy sits down with coach Kenny Ingersoll to uncover how generational conditioning, scarcity thinking, fear, and shame quietly shape our financial decisions and self-worth.

Together, they discuss:

✨ Why most financial struggles begin in the mind

✨ How childhood messages about money impact adulthood

✨ The connection between self-worth and financial success

✨ Breaking free from generational financial patterns

✨ Practical steps to build a healthier relationship with money

✨ Why it's never too late to change your financial future

Whether you're trying to pay off debt, build wealth, overcome financial anxiety, or simply create a healthier mindset around money, this conversation offers actionable insights and hope for lasting change.

🎙️ Listen now and take the first step toward breaking the financial cycles that no longer serve you.

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CONNECT WITH KENNY INGERSOLL

Website:
http://www.ingersollenterprises.com/

Mentorship & Free Resources:
http://www.ingersollenterprises.com/mentorship.html

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ABOUT BREAKING CURSES WITH EXCELLENCE

Breaking Curses with Excellence is a podcast dedicated to helping people break generational cycles, heal from limiting beliefs, overcome adversity, and create lives filled with purpose, self-worth, and growth.

Hosted by Christy

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Transcript

SPEAKER_01 0:04

Welcome to this episode of Breaking Curses with Excellence. I'm your host, Christy Christina. I have today with me.

SPEAKER_02 0:15

It's all yours. Oh, sorry. Um Yeah, um, thank you for being here. Umersall. I've excuse me. In Utah, have uh two kids, been married 15 years. Wow, that's and uh love what I do in the financial space, but more in the the mindset space of of finances and dreaming big.

SPEAKER_01 0:42

Yes, because it's so connected and people don't always see how connected the two are, right? Um, so I I want to start with what's the passion behind um helping people transform their relationship with money and possibility? What what made what inspired you to help people with that?

SPEAKER_02 1:03

Well, it it started with my own journey, and you know how you you go to a restaurant, like, oh, try this pasta. It's like the best I've ever had. Here, here, try some, try some. You want everybody to try some because of how awesome it is. Yes, yes, yes, yes. That's that's kind of how it is for me. I'm like, I want you to go, yes, yes.

SPEAKER_00 1:26

I'm literally that way with food. You gotta try this, try this, try it, try it.

SPEAKER_02 1:31

Yeah, so so I want everyone to to taste that and to enjoy that same opportunity and that same understanding and that same freedom.

SPEAKER_01 1:44

That's amazing. We we appreciate the passion that you have behind that. Um, how how much of financial struggle do you believe is connected to our mindset, our conditioning, our fear, or limiting beliefs? All of it or some of it, half of it?

SPEAKER_02 2:01

Um, I've never thought of it that way exactly. Okay so I would probably say about 75 to 80 percent of it is connected, you know, the the other um 15-20 percent is circumstantial only because you've already in that circumstance, so you gotta deal with, if you will, deal with where you're at, but how you got there and how you get out of there is all connected to the mindset. Absolutely. Um what how you were raised, what you were grown up around, um the mental process that you kept and allowed to keep or developed on your own.

SPEAKER_01 2:42

Yes, yeah, absolutely, absolutely. I I um I can say that that's been true. I found in my own life, right? That uh a lot of my mindset and how I was raised had a huge effect on how I dealt with money. Um what are what are some most common unhealthy money beliefs that that people carry from childhood or their family environments, even as adults?

SPEAKER_02 3:10

Money doesn't grow on trees, so the the scarcity. Yes, yes, that there's never enough, you know. We what am I made of money, or money doesn't grow on trees, or you know, the the then that ties in with the we can't afford it, or we can't do this, or we can do this or this, you know. So that scarcity, that limiting, that um binding impact or thought that sticks with us.

SPEAKER_01 3:43

Yes, absolutely. I heard a lot of those as I as I grew up. Yes, I'm not made of money, money doesn't grow on trees, I don't have McDonald's money. Yes, those type things. We can do this or that. Um how how do shame and fear play into that, like in survival mode, into the financial decisions people make?

SPEAKER_02 4:06

Oh, it it comes from all angles, you know, and no matter what you do, you're gonna have fear and shame in somebody's opinion about something, you know. Um, the fear of what if I invest this money and it doesn't work out? What if I spend it over here, or what if I this, this, this, what if I make our family look bad? What if Uncle Bob finds out, you know, or on the opposite, what are what if I I have all this money and then they ridicule me for ooh, now you're rich and too good for us, or you know, why don't you share with us? And you know, so um there's a lot of shame and fear on both ends of the rainbow about the spectrum, you know, whether you're on the poor end or the rich end or in anywhere in between, you know, and then the and then a lot of it's internal too. Okay, I've I've known all these habits up to this point, but now what if I get a bunch of money or I change my habits? What if I mess up with the money that I get now with these new habits?

SPEAKER_01 5:20

Right, right. Yes, all of the above, right? All of the above, those are so yeah, very common thoughts I know that I've had, I can say. Um how does having a healthy mindset around money um actually look beyond money, right? Beyond the the dollars and um the bank account. How how does how does having that healthy mindset affect us beyond that scope?

SPEAKER_02 5:49

Um a simple analogy, I guess, um, because I love analogies, whatever, is is it's a a relationship. You your mindset is a relationship with money. Whatever that mindset is, is where your relationship is. So the analogy is you know, think of how you your relationship with uh the person at the checkout at the the store versus your best friend you've known for 35 years, versus your partner, versus your kids, whoever. You know, do you do you talk to the checkout person the same way you talk to and have a conversation with your partner and best friend for 30 years versus you know, so where's that relationship? It's it's not just like the checkout, hi Bob, thanks for your help, have a good day, you know. Did you find everything okay, blah, blah, blah? Right. You know, you have those deep conversations with your best friend. You know, if you had a bad day at work, your your dress got torn, your tire got flat, you know, all the way cleared down to the very deep, deep conversations.

SPEAKER_01 7:04

Right.

SPEAKER_02 7:05

It's similar with money, you know, a lot of people, their relationship is very simply transactional, like the checkout stand person. Yes. Versus how it should be deep and go beyond um that to like your BFF, because money is a tool. You know, I have a screwdriver, I use it to get this project done, I do this, whatever. You know, so if you have that relationship, uh and it goes into the passion and the purpose why you have that money. Okay, I have this money, I use it to do this because I love this, and it fuels me and it fulfills me, or it creates these opportunities. So having that relationship, having that different mindset is everything.

SPEAKER_01 7:56

Wow, I I truly never thought of it like that. Never thought about, but you're right. It's for me, like I can say it's it's honestly transactional, you know, it's it's not like uh actual relationship. So making it more like that and that shifts things. Wow, thank you for bringing that out, um, for sharing that that perspective with us. Um why do so many people struggle with that? Do you think? Um would to dream bigger for their lives, their businesses, their relationships, everything. Like, why do why do we struggle with such limiting ideas?

SPEAKER_02 8:35

Um, a lot of it is what's ingrained from us oftentimes that from birth. Yep, you know. Um what what we heard growing up, you know, money doesn't grow on trees, we can't do this, we can't afford that. Right, you know, and and so it continues with us throughout our lives, and then the people we um associate with often have similar mindsets because that's how they were raised, you know, and and nothing against the people that raised us because that's how they were raised, and that's how they were raised, and things like that. But generational, yeah, definitely generational, and then also going back to that fear, you know, if if um everybody that's known me in my whole life and I all of a sudden make these shifts and changes and habits and do these things and and don't do these things that I used to do all the time, oh no, what are they gonna think of me? Or they're not gonna want to hang out with me anymore. I better not do that, right?

SPEAKER_01 9:36

Right, right, right, absolutely. And that that makes perfect sense. So, how do you help um people separate their self-worth for their income, status, and financial mistakes? How do you help people divide that?

SPEAKER_02 9:55

Um helping them understand where their current money mindset is or their mindset in general. My my bigger focus is money, but mindset in general, helping them understand that so they have a starting point, and then we establish where they want to head towards. Maybe they don't know exactly the the address if you're putting in GAPS, they don't have the exact address, but Central Florida, let's say, whatever.

SPEAKER_00 10:23

Yeah, yeah.

SPEAKER_02 10:23

You know, okay, or let's head towards Florida, we'll figure out later. But you know, then creating the steps, maybe it's um don't focus on the whole journey, just the next step, the next mile. Okay, um, and some people they can't take too big a bite, so we we help them. Imagine if you could do this, you know, whether it's maybe pay off this credit card. What would that feel like? How would that what would that mean to you to just pay off this credit card? We'll we'll ignore all their debt for the moment, but just focus on this credit card or focus on going on this trip that they've been planning or wanting to for 10 years, right? You know, and then they could start to believe in it again and see that it's possible for them because a lot of people know it's possible, right? Like let's say they want a brand new car. I know it's possible, I see it all the time. I drive by a dealership all the time, right? But they don't believe it's possible for them.

unknown 11:25

Yes.

SPEAKER_02 11:26

So if we could start with the bite-sized pieces, you know, whatever that looks like, okay, let's go pay off that credit card, let's go rent that car for a day. Let's go put a little bit more in your savings, watch it build a little bit longer, you know, whatever those little bite-sized pieces are, and then eventually we'll take a bigger step and a bigger step to where they can start. Oh, I can see that now.

SPEAKER_01 11:55

Right, right, right, right. No, that's amazing. That's amazing. I love your analogies there. I love what you said. Like, we'll get to Central Florida, but we, you know, these are the steps we're gonna take. Um, renting the car. Wow, never thought of that. That's a perfect way to get yourself into a different mindset, right? I'm driving this car for this amount of time. Yeah, this this can be mine, right? It not only is it an awesome car, it can be mine. That that's amazing. What would you say to somebody um right here, right now, who feels stuck um financially, overwhelmed financially, or afraid that they've waited too late in life to fix it all?

SPEAKER_02 12:39

I've got a couple thoughts that come to mind. My first thought is Colonel Sanders didn't start KFC till he was in his 60s. So you you're not too late, it's never too late. Yeah, and then my next thought is you're not the only one. And then there's resources, and it is possible for you to make that change, to hit that shift, to hit those goals. It is possible for you. Not just possible, but possible for you.

SPEAKER_01 13:08

Yes, absolutely. Thank you so much for that. Now, now, um, can you give us just some practical tips that could help somebody shift their mindset around money? Um, it can be one, it can be as many as you want. However, you you feel comfortable sharing with us today.

SPEAKER_02 13:25

So, yeah, again, um believing that and then understanding, you know, do a little self-diagnosis where your mindset is. Right. You know, okay, when I when I go to the store and I pay go to the to the register to check out how am I feeling? Ugh, oh $200, you know, do some self-analysis, and then um that kind of helps you understand where your money mindset is. And then making those small tweets, what can I I can put five dollars a month into something, you know, towards my future. A lot of people think, oh, it's just five bucks, what difference is that gonna make?

SPEAKER_00 14:09

Right.

SPEAKER_02 14:10

You know, but just taking that baby step, you know, I could put five dollars here, and then another good thing is like finding credible sources to read, like good books, yes, or good podcasts, or um you know uh good even there's some uh valuable YouTube videos that are out there for free, yeah. Um you know, don't always disregard it just because it's free. There is some value in free, you know. So finding some sources and maybe applying a few of those and just getting around that environment, even just listening to it, right, will help eventually. So yeah.

SPEAKER_01 14:49

Yeah, that's awesome. So, how can a person um I'm obviously gonna share your links and everything in our caption, but tell us how one could work with you. Um, do you have a website, uh, email address that you prefer them to email? How can they contact you? Social media.

SPEAKER_02 15:06

Uh yeah, thank you for that. Um, the fastest way is Ingersoll Enterprises.com. Uh, Ingersolls with two L's, but Ingersalt Enterprises.com. That's got all my social media, all my contact, some different links, and even there's even a um free self-evaluation PDF you can download and okay do as well. So I think I'll do resources on that.

SPEAKER_01 15:34

Yeah, absolutely. Thank you so much for sharing this perspective because I think it's something you know, a lot of times when we talk about healing and different things, we don't think about money, we don't think about our financial mindset, and it's so connected, it's so very connected. So, thank you for sharing that perspective, your story. I love analogies, so that made my my heart happy. Um, it it connects everything for me. Uh, and I know it will for the read the listeners as well. Um, is there anything else before we go that you'd like to share with the audience that you'd like to share about your journey? Um, we'd love to hear it.

SPEAKER_02 16:13

Um yeah, just to repeat what I said a little bit ago was you know, you're you're not alone, it's not too late. There's uh tools and resources to help you. And then my next thing would be start now. Yes, go get a book, go find a YouTube video, tune into this recording a few times.

SPEAKER_01 16:35

Yes, yes, yes, now yes, start now. Thank you so much for that. Um, you know, I want to thank you for your time today. I know it's a Saturday, right? We prefer to rest on Saturday. So I thank you for taking your time um with us here today and sharing uh everything you have. Um let's start now. I'm gonna start now, you know, even with my mindset and get that diagnosis. So I hope that everyone who listens to it does it as well. Um, we're gonna look for some resources. Um, thank you for everything you've shared today and for taking the time. Um and I want to say to the audience, please, like he said, listen to this multiple times. I think I'm gonna listen to it multiple times just to get myself, you know, realign myself at times. Um and remember, it all comes from us, right? It starts with us. So how we feel on the inside, what mindsets we subscribe to, right, will will flow into our relationship with money and with our finances and and how we look at our mistakes. So keep breaking those generational curses, those negative cycles. And until next time, thanks for tuning in.