You’ve heard me talk about The Money Table, The Money Edit, and The Money Rhythm, but today, I’m closing this series with the final piece of my four-part framework: The Money Legacy.
The Money Legacy is where true sustainability begins. It’s not about budgeting or cutting back, it’s about building trust with your money and creating long-term possibilities that reflect your values. This is the phase where my clients go from managing debt and expenses to setting bigger goals, investing in their future, and building a financial legacy that changes what’s possible for them and their families.
In this episode of Money Files, I share how The Money Legacy helps you move beyond financial survival mode and into a space of grounded confidence. You’ll hear how clients like Linnae and Clara used this process to redefine their goals, from paying off debt to building savings, changing careers, and even buying their first home.
When you build your Money Legacy, you stop operating from urgency and start living from intention. You make decisions based on what matters most and begin to see yourself as someone who manages money well.
Listen in to learn:
[01:25] What The Money Legacy is and why it’s the key to sustainability
[03:40] How to build financial trust and confidence that lasts
[05:00] Client story: How Lynae moved from debt payoff to freedom and choice
[08:25] Why expanding your goals starts with managing what you already have
[10:40] How to plan for your next financial chapter with clarity and confidence
[12:10] Why your relationship with money shapes your opportunities
[12:45] The truth about shame, perfection, and trusting yourself with money
Tune into this episode of Money Files to learn how to build a Money Legacy that expands your possibilities, strengthens your trust with money, and creates a financial foundation that grows with you.
Are you ready to start asking for help with your finances? Apply to work with me, and let’s start working towards your financial goals.
If you loved hearing about The Money Legacy, check out these episodes as well. Together they complete the four step system that will help you see how structure, rhythm, and trust work together to create lasting financial peace.
- Episode 195:The Money Table: How to Create a Real Budget (and Stop Fake Math)
- Episode 196: The Money Edit – Stop the Leaks and Create More Choice With Your Money
- Episode 198:
Transcript for “The Money Legacy: Building Trust and Expanding Possibilities With Your Finances”
Intro: Hi, and welcome to Money Files. I’m Keina Newell from Wealth Over Now. I work everyday with professional women and solopreneurs to help them get out of financial overwhelm and shame so they can experience more flexibility and ease with their finances. Are you ready to gain confidence and learn to manage your finances intentionally? Tune in and grab financial tips that will help you master the way you think about and manage your finances.
Keina: Hello and welcome back to another episode of Money Files. I am wrapping up my four part process this week that helps my clients have 25% more choice with how they want to spend their money. So they can use that 25% to pay off debt, they can use it to take their kids to Disney World, they could use it to create a five figure savings account. Whatever milestone goal they have, they can actually use the money towards that. So I just wanted to dive in today and wrap up, like I said, this four part process. So we started with the money table. Then the money table is where we talk about laying out all of your numbers and then we move to the money edit where we refine what’s actually going on, walking clients through this like keep, revisit, cancel. And then last week I talked about the money rhythm, where you actually start living out your plan and learning how to adjust your plan through real life.
And today we’re going to close with the fourth part of the process, which is called the Money Legacy. And this is the part that is about true sustainability and seeing yourself as someone who manages money well. And it is the part of the process that comes like after everything clicks, when you’ve built your confidence, when you have the consistency, when you’re really ready to make some new money moves in your life. Because my goal isn’t just to help you budget, it’s really about helping you build a financial legacy that allows you to have a ripple effect in your family, allows you to have a ripple effect with your friends and even a ripple effect with your community in different ways, where you just feel more confidence in when it comes to hearing other people talk about money and just knowing like your financial house is in order. And so you can show up in different ways.
So when I’m thinking about legacy, I’m not just talking about generational wealth, I am talking about your ongoing relationship with money. Because if you can manage your ongoing relationship with money, you’re going to be able to build the generational wealth. You are going to be able to have conversations you’ve never had before, that is also going to allow you to build this wealth that you desire to build. So I know that oftentimes we think that financial peace of mind comes from making more money, but real wealth really comes from learning how to make decisions that align with your values no matter how much money you make. And the money Legacy is where you start to see that you don’t just manage money differently. You’ve started to think differently and you’ve started to learn how to plan ahead.
You’ve started to learn how to pivot when life changes, but ultimately you’ve started to build this level of trust with your money that you’ve never had before. And this is where you start to feel like the money that I have is really mine and I’m in control of it. So in this phase, I would say it’s also where my clients start to build financial goals. One of my favorite activities with my clients is in their first meeting with me, I ask them to talk about where they want to be six months from now, a year from now, five years from now, and when they’re 80 years old. And for a lot of people we don’t sit down still enough to kind of like do this thing. And you know my clients, they engage me. They write down what they want life to look like. The thing that I find most exciting is during our coaching relationship they realize that their six month goals have started to actually move.
The things that felt most urgent, they started to change and they can have anywhere on there from like, I want to make sure that I can buy a new car or I want to start paying down debt. Sometimes people will have, on Claire’s episode if you listen to that, a couple weeks ago she talked about wanting to buy a house. She bought a house before we stopped working together. And so it is really fun to watch your financial goals, be able to move from a, I wish I could do this, I want to do this space to a, I have done this, what’s next? And so it really starts like the Money Legacy I think is where your dominoes kind of start to fall. You start to have more trust. And so because you’ve had this trust, you also trust yourself to create and set bigger goals. As I’m talking to you, one of the clients I’m thinking about is my client Lenea, I had our own the podcast twice now.
When we first started working together, we were trying to pay off, I think she paid off about $10,000 worth of debt. I had her back on the podcast because she’s in education. But she went down to part-time in her role in the school and then she also was working in her business. So she was able to like step away from a job and be able to use it in the capacity that she wanted to use it in, and then also leverage the skillset that she has to start making income outside of her work. And that has given her more time freedom. She really enjoys traveling. It’s given her the opportunity to be able to travel. But like when we first started working together, Lanea was not talking about, in that six month block, she was not talking about working for herself.
That was kind of a goal she had off in the distance. But she has been able to continue to work towards financial goals that she never felt were possible because the only thing she could worry about is like I’m in this paycheck to paycheck cycle and I’m having to use my credit cards to make ends meet. And because she was able to be in a place where she has her rhythm, but now she’s actually in a place where she can think about legacy and change her relationship with money, her financial goals have drastically changed. So if you’re one of those people that’s like, oh my goodness, like I want to be able to invest, or I want to be able to invest in real estate, and you have some of these goals that kind of seem far fetched, but they’re goals that, maybe you’re thinking about having multiple streams of income or whatever that is, like those things start to unfold for you when you get to the Money Legacy portion of our work because you have a foundation for your money and you have trust in what’s going on with your money and that’s what creates these new opportunity.
So when we’re thinking about goals in this phase, we’re not just rooted in like fixing problems, but we’re really rooted and grounded in like thinking about possibilities and thinking about what you’re capable of and how much more money could you earn. Like let’s actually talk about the salary, let’s talk about starting your small business, like what do you want to charge? How are you going to manage that money? So we’re starting to dream with your numbers versus just like figuring things out from a place of urgency. So in the beginning when clients work with me, they’re very urgent and by the end they’re very grounded. So there’s a span of emotions that people go through, but I want to move you from a place where you feel really urgent to where you feel grounded. So like I said, the Money Legacy is where people were maybe paying off their debt, they’re started to pay off the last of their debt, or they may be a couple of months out from paying off debt.
But then we start to build a plan for, okay great, like what does our no debt budget look like? And so we start talking about, okay, you want to do these things, you’re thinking about increasing your savings. Maybe you want to upgrade your lifestyle, but you can do it with a peace of mind because you know you’re not going to get right back into debt. And maybe they’re going to start planning a wedding, or maybe they’re buying a home or taking a dream trip. Like these are the things that are coming out of the Money Legacy. So your emotional relationship with money catches up to your financial progress because at this point you’ve built proof that you can trust yourself. You’ve practiced making intentional decisions, you’ve learned that setbacks don’t mean that you’re failing, they just mean that you’re human. You know that your budget is flexible, and this space is where the lessons that we learned together are going to be the thing that click for you.
You now have, I like to always talk about like you have a scroll of wins. So regardless of what happens, you can go back and say like, no, I actually know how to solve for this. And you get to be your own hype woman or hype man. So fake math can show up here even. And I think it’s more so challenging the speed in which you’re reaching some of your goals, making sure that we are grounding in real numbers for you. Like if you have a goal to hit your emergency fund, we’re thinking about what are some of the obstacles you might have. I’m you’re thinking about a client who wanted to hit $30,000 in her emergency fund. And we talked about some of the obstacles. She’s like, Keina, I can’t ever get over 20,000. Like something always seems to happen. And so we made some very intentional mini goals to help her think about what did she want to experience as she saved the next $10,000 in her emergency fund.
And so just now being able to break down other things that are coming up for you and being honest about your numbers, like regardless of who you are, you have thoughts about your money and we want to be able to make sure that you are able to talk to yourself about how you think about your money. So once you’ve entered into this phase of coaching, I think it’s the most fun because we’re able to really zoom out, revisit your big picture, decide if you want a new picture. We can expand the picture, really thinking about, is there a sabbatical ahead? Is there a career change ahead? Is there love ahead? Is there caregiving ahead? Whatever that is. But really just troubleshooting through, what does your next year look like? What does your next three years look like? What does your next five years look like financially?
And how do you leave my coaching container knowing that you have a plan for how your life can shift for the next one to five years out. So as I close the series, I just hope that you have a new sense of possibility about what could be true for you as you work with a coach. I know that you have attempted many different things and I know that the number one thing that gets in the way is shame when you feel really stuck. If you go to my show notes, I’m going to put in the link. There’s only four reasons that my clients don’t make progress and they’re all shame related, but there’s a little mini podcast series that you can download. So I’ll put that in my show notes. But with that, I just want you to hear that you can actually trust yourself to say, Hey Keina, I need help. And I don’t want you to think that you need to wait for a right time, because I promise you there’s not going to be a right time.
And even if you are in a place where you’re like, dang, I should have talked to Keina three months ago, don’t worry about that. Like, just make the decision today because today is as good a day as any day. Just don’t let another day go by before you make that decision. So you’ve been listening to my podcast, maybe this is the first episode, maybe this is your 20th episode, but there’s a reason that you are here today. There’s a reason that you’re tuning in, and let’s make this process official for you so that you can have 25% more choice when it comes to your finances, regardless of where you are, regardless of what you think is going on. I can guarantee you that you are telling yourself a story that is not a hundred percent true, and it is really nice to have another set of eyes to be able to make the shifts that you desire to create with your finances. So go to the link in my show notes or just go to wealthovernow.com and you can apply to work with me there. Until next time, have a great week.
Outro: Thank you so much for listening to Money Files. If you’re ready to take the next step to reach your financial goals, head to www.wealthovernow.com/appointment and let’s get started.
