This Is Woman's Work with Nicole Kalil - The Power of Enough with Elizabeth Husserl | 299

Episode Date: April 14, 2025

We live in a world that screams more, more, more—more money, more success, more hustle, more everything. But what if the key to fulfillment isn't more... it's enough? In this episode, we're joined b...y Elizabeth Husserl, financial advisor, speaker, and co-founder of Peak360 Wealth Management, to unpack the mindset shift from scarcity to sufficiency. Elizabeth has helped leaders at companies like Airbnb, Google, and Unity redefine their relationship with wealth—and today, she’s helping us do the same. This conversation is for those of us who technically have enough—but still don’t feel like it. If you’ve ever tied your worth to your bank balance, your achievements, or someone else’s definition of success, this one’s for you. Because true abundance isn’t found in the numbers—it’s found in freedom, contentment, and choice. In This Episode, We Cover: ✅ The hidden fears that keep us chasing “more” ✅ Why scarcity is a mindset—and how to break free from it ✅ How to build a wealth philosophy rooted in values, not fear ✅ What “enough” actually means and how to define it for yourself ✅ Letting go of comparison and external validation ✅ How contentment leads to greater confidence, peace, and power You are enough. You have enough. And believing that? It just might be the most powerful investment you ever make. Connect with Elizabeth:  Website: http://www.elizabethhusserl.com  Book: https://a.co/d/aSa095I  LI: https://www.linkedin.com/in/elizabethhusserl IG: https://www.instagram.com/elizabethhusserl/ FB: https://www.facebook.com/conversationswithmoney/ Related Podcast Episodes: 207 / How To Financially Protect Yourself In Your Romantic Relationship with Anna N’Jie-Konte 162 / Compensation Myths with Kelli Thompson 031 / Your Financial Planning Strategy with Chantel Bonneau Share the Love: If you found this episode insightful, please share it with a friend, tag us on social media, and leave a review on your favorite podcast platform! 🔗 Subscribe & Review: Apple Podcasts | Spotify | Amazon Music

Transcript
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Starting point is 00:00:00 I am Nicole Kalil and I bet at some point in your life, maybe even today, you've questioned whether or not you are enough or maybe at times too much. For many of us, some core wound created a core belief that has us constantly asking questions like, am I good enough, smart enough, pretty enough, talented enough, strong enough? And the list goes on, which begs the question, what is enough? And how would you know if you are enough enough? I mean, it seems like enough has just become some ever moving, ever elusive target. And while this struggle plays out in our lives, careers, relationships, and our daily choices,
Starting point is 00:00:52 there's one area that acts as a mirror for our toxic relationship with enough, and that is our money. Because when it comes to our finances, most of us have no idea what enough actually looks like and wouldn't recognize it even if we had it. We chase more. We hoard. We overspend. We under earn. We stress. We fear. We avoid. We justify. And somehow, enough always feels just out of reach.
Starting point is 00:01:22 We've been conditioned to believe that more is always better, that success is measured in dollars and the things that we have, and that financial security is just one promotion, one investment, one client saying yes, or one lucky break away. Let's be real. Most of us think that the phrase, money doesn't buy happiness, is something only rich people say to make everyone else feel better. But what if the real power isn't in more? It's in enough.
Starting point is 00:01:51 And what if more is actually the enemy of enough? What if true financial security isn't about hitting some magic number, but about redefining your relationship with money altogether? If that sounds a little too radical, a little too soft, or a little too woo-woo for your hard-earned hustle loving brain, stick with me. Because what we're really talking about today is freedom. And spoiler alert, freedom isn't found in the relentless pursuit of more. It's found in knowing when you have enough. Now, before we go any further, let me be crystal clear. This conversation is not about those
Starting point is 00:02:29 who are truly struggling to meet their basic needs. If you're living below the poverty line, dealing with financial insecurity, or just trying to keep the lights on, this isn't some mindset shift. This is a real, tangible problem. And I fully recognize my privilege in knowing that I have enough and that my work is about changing how I think about it.
Starting point is 00:02:52 This conversation is for those of us who do have enough, hint, that's probably most of us, but still don't feel like we do. Because constantly wanting more, needing more, that's not freedom, that's fear, that's scarcity, that's comparison. True freedom is built on contentment, satisfaction, and knowing when we have options. So to help us navigate this important conversation on this episode of This Is Woman's Work, I'm joined by Elizabeth Husserl,
Starting point is 00:03:22 a registered investment advisor representative, financial advisor, and co-founder of Peak 360 Wealth Management, a boutique wealth planning firm. Her experience spans nonprofit work throughout the Americas, and she's a highly sought after speaker, having led workshops at major tech companies like Airbnb, Unity, and Google. Elizabeth, thank you so much for joining us today. And I would love to start by asking you about this word enough. As it relates to money and finances, how are you interacting with the word enough?
Starting point is 00:03:56 How are your clients and the people that you work with interpreting it? Yeah, no, that's a great question. And before I jump in, Nicole, that was the best introduction I've had, right? In terms of all podcasts I've been in, because you really brought such a unique angle, you know, that is about how do we experience enough, which is the question you're asking me. And I really, as I was listening to you talk about it, I was like, oh, the issue is that
Starting point is 00:04:21 we confuse what money and wealth are. They are not the same thing, right? And I think that's the piece of the conversation that I'm having with my clients is that if we say, okay, let's separate and get clear on what money's role is in our life. It's a tool, it's a technology. It has a really important piece into your point.
Starting point is 00:04:42 I'm a wealth advisor and a financial planner. My job is to bring money into the fold. I'm not saying let's go do a mindset shift and just try to forget about money. No, it's like, how do we bring money into the fold and have it be part of the conversation? But it can't define our experience of wealth because it will never satisfy us at that level.
Starting point is 00:05:02 And that's that when you're saying, are we enough maybe too much? I'm like, yeah, I've been told my whole life, I'm really intense because I live life so deeply. And I think what we're able to do is wealth is a state of well being. It's a state. And so when I'm talking to clients around how to define enough, it's more like, how are we getting super creative about designing strategies that are both financial and non-financial, right? That include money, that don't include money to address all the different types of human needs that we have. And financial stability is one slice of that pie. It's an important one. And to your point, if it's on fire, because we're not making ends meet, we really do have to focus there. But when it starts to have some level of
Starting point is 00:05:45 stability, if we just stay in that part of the pie and we define wealth of how much more money do I get, we actually rob ourselves of the experience of wealth, which is so much more broad, and we rob ourselves of the ability to feel like we have enough, feel that we are enough versus just accumulating it on a spreadsheet or a bank account or investment statement. And so when I talk to my clients around enough, I'm asking them, what makes you feel satisfied and satiated and fulfilled?
Starting point is 00:06:19 What's the visceral experience of bringing meaning and fulfillment into your experience of your resources. Because that's how we're building wealth strategies and not just financial strategies for the end of bringing in more money. And because that can be highly addicting and unhealthy, this money for the sake of money. And I mean, I know people who make millions, who it's like the world is on fire and they don't have enough and it's their worst year ever and oh my God.
Starting point is 00:06:51 And it's interesting. And I personally experienced this too, because I mean, Jay and I talk, it's like, what more do we need? Right. And so I wanna hone in on the word satisfied. I brought up the word contentment. I don't think that those are words that are often being used when it comes to money.
Starting point is 00:07:17 Again, it's like more, it's that addictive. How do we even begin to know when to be satisfied and when to be content? Yeah. And so you just, I mean, I feel like the easiest example that I have found is let's come back to food, right? And nourishment, right? We all know what it's like to eat a meal that is very nourishing. They're like, oh, that just hit the spot.
Starting point is 00:07:41 We also know what it feels like to overeat, right? We're like, oh, that was great, but I don't feel comfortable in my body anymore. And we also know what it's like to eat empty calories. We're like, I'm actually still hungry, even though I just shoved a bunch of calories in my mouth. Right? So if you bring it to food, it's very similar. Our brains are wired to seek, right? And so that's why scarcity is such a big part of our life. We are wired to seek because that's how our that's why scarcity is such a big part of our life. We are wired to seek because that's how our ancestors found survival. And the reality, and so we're wired to look for
Starting point is 00:08:10 calories, but we have to kind of press the reset button. I wish it was as easy as pressing the software update on our phones, right? But that's something that we're being asked to do is that we're not in the same situation around survival, either in calories or in dollars, as are the ancestors who built the foundations that we have. And so it's up to us and our responsibility to find those little software update buttons. And the easiest way to do it is to start to pay attention to those things that satisfy you, right?
Starting point is 00:08:40 And contentment, it's interesting, contentment to me feels a little bit more connected to gratitude, which is like a heart centered emotion of like, I'm feeling happy in my life. Satisfaction is visceral. Sometimes it takes a lot of goddamn hard work to get there, right? It could be like, I met that deadline
Starting point is 00:08:55 and I bust my butt to do it. And I'm so satisfied with my final outcome, right? Or I went to the gym and I tried a new workout class and I'm just satisfied in how they felt. I worked really hard. It often comes with hard work. So that's really important because a lot of times our relationship to money
Starting point is 00:09:14 makes us do things that are really hard, take risks. Like I'm an entrepreneur, I did not know how to be an entrepreneur Nicole and I had to teach myself and I had to face my fears and I have to take risks and I had to, you know, take it in it in when people said no or people said yes or people came in and people like it's a very cyclical experience. And I think that's the piece that sometimes we want to wish away. Nine out of 10 clients come into my office and say, I want so much money.
Starting point is 00:09:40 I don't have to think about it. Right. And I bet you you've had that thought too. Everyone does. And in reality, what happens, I just kind of smile and I think to myself, yeah, it's kind of like saying I want nine husbands so that one is always in a good mood. And I'm like, that's actually a lot of work. Right. And people don't realize more money comes with more work. And that's okay. You know, bring it in, organize it, have a plan. But that doesn't take away
Starting point is 00:10:07 Bring it in, organize it, have a plan, but that doesn't take away the journey of being human and the hard work that it takes to know who we are in our careers and our relationships and our ability to feel love and our ability to experience wealth. I argue and say that our relationship to money is actually a doorway and a mirror into knowing who we are, our relational styles, what works, what doesn't, how intense or how overwhelmed are we, and it can help us get super clear on how we design those strategies to feel wealthier. And that's when you start to make the distinction about, am I just accumulating enough number on a spreadsheet or I'm actually taking the time to understand every day what feels satisfying so that I can start to add more of those strategies into my wealth portfolio.
Starting point is 00:10:50 I got to tell you, when you started with the food analogy, I had him on like, where is she going with this? That was brilliant. To me, that completely connected it and put it in a way that, you know, I think we experience a little bit more regularly. And it's sort of the, we don't create a healthy relationship with food by obsessing over it. Similarly with money. And it is interesting. I think a lot of people kind of obsess about, I'm gonna focus on money so I can create this where I don't think about it anymore. And that's just not how it works. Well, you're not nourished, right? Like we continue to create cravings in the I can create this where I don't think about it anymore. And that's just not how it works. Well, you're not nourished, right? Like we continue to create cravings and the empty ghost.
Starting point is 00:11:30 It's like, you know, you can, I agree, right? And I come from kind of a lineage of CPAs and we would track money too obsessively. We weren't enjoying it. And so that's actually the question, Nicole. I was raised in an environment of two working parents, a physician and a therapist, and we had enough, right? We were able to pay for school and we'd go travel
Starting point is 00:11:50 and see my family in Columbia and they'd buy me books and we had enough, but I was like, why is it that we feel scarcity still in the family dynamic? I didn't have those words when I was growing up as a teen, but as an adult going into the financial career, I was like, huh, why? We didn't necessarily have scarcity, but as an adult going into the financial career, I was like, huh, why? We didn't
Starting point is 00:12:05 necessarily have scarcity, but we felt scarcity. And I wrote this book because I'm committed to not passing that on to my daughter. There's no reason for her to feel scarcity. And so I have to do my work and look at my relationship to money as I continue to track my spreadsheet and we have a family budget and we talk about it often and we add things and we know what's happening. But when I feel scarce, I have to take ownership for what that is. And a lot of times in my own being, it's like around wastefulness, right? Like I struggle with that because of my family lineage, but I have to take responsibility to be like, okay, that's feeling wasteful. Is it really wasteful or is it an old habit that I need
Starting point is 00:12:42 to start to reprogram so that I can be in the moment in my relationship to money. Very well said. And Elizabeth, I did you the disservice of not mentioning your book in my intro. Can you just quickly say the title of it? Yes, of course. It's called The Power of Enough, Finding Joy in Your Relationship to Money. And there's a little nuance there because people are like, really, joy in my relationship
Starting point is 00:13:04 to money and there's a little nuance there because people are like really joy in my relationship to money and the reality is that when we start to separate what money and wealth is and start to bring money into the fold and we clear up the interference and be like okay money we're gonna figure this out right we're going to make sure we have a clear financial plan and you are not what determines my sense of wealth and happiness and satisfaction, but you certainly can become a resource amongst other resources that I use for that end. You brought up two words that we hear a lot when it comes to money, abundance and scarcity. Let's talk about this.
Starting point is 00:13:43 I do feel like there is this either or thing that seems to be happening. Like I'm either being abundant or I'm being scarce, as opposed to neutral is always an option, or that there are a variety of other options. What are your thoughts on this abundant scarcity, I don't know if relationship cycle that we're hearing a lot about?
Starting point is 00:14:04 What are your thoughts about that? Yes. So Nicole, this is a great question scarcity, I don't know, relationship cycle that we're hearing a lot about. What are your thoughts about that? Yes. So Nicole, this is a great question because we are stuck in this abundant scarcity cycle, right? And a lot of times I like to tell people, go back to your body. We're pushing, literally take your arm out, we're pushing scarcity away and we're grasping onto abundance, right?
Starting point is 00:14:21 And when you do that in your body, you're like, wow, that's kind of tense. This is not a nice way of living. So I'm gonna argue that we have to kind of like relax our body for a moment and understand that that scarcity abundance cycle happens because again, we think that wealth equals money. So I'm pushing away the feeling of not having enough money to try to grasp onto more money.
Starting point is 00:14:44 And I'm getting stuck in this cycle of like, wait a second, more money isn't necessarily bringing me more fulfillment. In fact, a lot of times more money means more responsibilities, more work, more direct reports, right? More I'm going up the career ladder and you're like, wait a second, I kind of liked it when I was an individual contributor and life was a little simpler.
Starting point is 00:15:02 So that we get stuck thinking that having more money will solve the feeling of scarcity. And as I was pointing out earlier, that is only one cycle in a bigger cycle of wealth. And so what I talk about in the book is situating that abundance scarcity cycle in the meaning fulfillment cycle. And I lean on the science of human needs.
Starting point is 00:15:26 So we're all familiar with human needs from Maslow, right? The different needs to make sure that we're satisfying physical health and shelter and food, et cetera, but also his needs of self-actualization. And funny enough, he never put it in a hierarchy, right? That was a corporate management company that came in and put in a hierarchy, which kind of resembles our climbing the corporate ladder. He had more of a conversation of needs being all interconnected.
Starting point is 00:15:54 There was another economist who came in, Manfred Max Neve, and put it in the matrix. I put it in a mandala, which is a circle, which funny enough means in Sanskrit, the path from suffering to joy. So again, that piece around joy. And what ends up happening is that if we understand that the needs around abundance and scarcity are situated together around financial stability, physical health and safety, and we put it
Starting point is 00:16:20 in connection to wider needs that connect to our body, heart and mind, right? Needs for purpose and connection and understanding and belonging and touch. Just to name a few, we start to realize that when you lift your head and be like, OK, I have resources that I can actually start to bring to satisfying these other human needs, then I'm not striving for more money for the sake of more money. Right. That's when it feels really empty, empty calories, but I'm calling in more money or more opportunities or more resources like creativity or connection or resilience. You name it.
Starting point is 00:17:00 A lot of those are unlimited to add a sense of fulfillment to these other needs in my wealth portfolio. So the abundant scarcity loop is one portion of it, but we're stuck there. You've mentioned wealth and the difference between wealth and money several times. I want to dive into that just a little bit deeper. What are some examples of being wealthy that may be different than what we're thinking of? So where all of this started for me, and this might be helpful to give an example, is right out of college. I did my undergraduate in economics and finance, and I went and I worked
Starting point is 00:17:43 at a nonprofit in Oaxaca, Mexico. And I was teaching indigenous groups of women how to create savings and loan cooperatives, a super practical financial tool so that they would no longer have to be dependent on loan charts in the community. And it was super empowering. And one day after teaching a workshop,
Starting point is 00:18:03 I got lost in the countryside. I was so lost in thought around like, how can I teach these women really to be successful? I'm like, my heart and spirit were being poured into this project and I got lost and I raised my eyes and I was like, where am I? And if no one comes to find me, Nicole, I don't know how to make my clothes. I don't know how to grow my food. I don't know how to build shelter. I'm like, what did I actually learn in college?
Starting point is 00:18:26 That was practical to being part of the human experience. I wasn't lost too long, fortunately, but in that moment, I was like, huh, there's a whole other element of wealth that these communities have built over time. They brought me in for more financial strategy, but they can teach me something I did not learn. And so I started going around for the next year and talking to the different communities and asking them what was their definition of wealth? Their eyes would light up. And the first thing they always told me was health, right?
Starting point is 00:18:58 If they were not healthy, they were not wealthy. Second was always community relationships, their ability to work as a coherent unit. If there was strife, right? That felt unwealthy to them, their connection to nature, their connection to spirituality and whatever their cosmological story was. And so I came back in my mid-20s to the States to be like, oh, my work isn't in Oaxaca or in Latin America. My work is back in the States where we have so much and yet we feel poor and what that's about.
Starting point is 00:19:26 So in my career as a financial advisor, yes, I do a lot of work of helping people create financial strategies both for their day-to-day living and for investments and for retirement, but I always tell them my job is only half done when we do that. Equally important at the start of every year with my clients, I will have them do the exercise on the wealth mandala. And I will ask them to tell me which areas are they feeling potentially lacking in. Most of the times, Nicole, it's not in their financial stability
Starting point is 00:19:57 because we've created a plan. Most of the times they come back to like, oh my gosh, I'm lacking in leisure. I work so much, there is no off time or I'm lacking in touch. Right. And I don't know how to ask for that in my family system because that's where I had a wound from my past or I'm lacking in inspiration and purpose. And so when we get super clear where the true lack in poverty is, then that's the second part of our journey together is helping them bring resources there. And so to give you an example, recently I was talking to a client and they were super fulfilled
Starting point is 00:20:33 in their wealth slice of purpose because we had mapped out a plan. They had left their W2. They had taken the risk to become a 1099 to do consulting work because what they wanted to do on the side was to write their book. Right. So very similar kind of, I very much know that journey, but if I would have asked them a year earlier, purpose would have been a two. And when I met with them this year, purpose was filled all the way up to a nine, not quite a 10 because the book hadn't come out, but they were so happy. And even though we're going through a year of market volatility, their sense of wealth was deeper and wider and broader than when we had spoken a year ago. Okay. I love everything about that paradigm of wealth. And I do agree that here in the United
Starting point is 00:21:21 States, we need to think about it significantly more holistically than we do. And I acknowledge that that can be hard to do in day-to-day life because I feel like we're inundated with messaging that's the opposite or that's so honed in on the money part of it that sometimes it's hard to unravel that or take a step back. You think about social media wealth. It's like all the things you have, where you traveled, all that. You think about my younger adult years. I lived in the LA area. One of the things that I didn't really love was how much energy and effort people put into, and I'm
Starting point is 00:22:03 putting an air quotes, looking wealthy. Like they would drive the nicest car, but living outside their means, it felt very showy. So all of that to say, any advice for holding on to this more holistic approach to wealth when being faced with constant messaging that tells you otherwise? Yeah, and so I love that you asked that question.
Starting point is 00:22:29 I think part of it is, again, we're not trying to push things away, right? And so I would say, you know, you can start by not having to change anything in your external financial life. Like I'm not, like the keep your spending habits the same for a minute, like keep that going. But what I would encourage
Starting point is 00:22:45 the listeners to do is to start a 30 day satiation journal. So for the next 30 days, at the end of the day, write down three things that satisfied you, that truly satisfied you. Maybe it was your outfit, maybe it wasn't, right? But because it's, because here's the thing that I didn't say earlier, human needs are universal, but the way we satisfy them is unique and personal. Right, and so I think that's the hard piece with financial literacy. It's really important to learn
Starting point is 00:23:13 the basic principles of finance, but a lot of how we experience wealth is really personal. That's why it's so fricking murky, right? There is no one size fits all. And so I would encourage people that for the next 30 days, write down at the end of each day, three things that satisfied you.
Starting point is 00:23:28 And just don't edit, don't think about it. After 30 days, go back and read it in one sitting and see like, huh, what were some of the patterns? What are some of the strategies? What is really satisfying me? And you'll see Nicole, that it's like those micro moments of insight that we start to make those micro changes in our habits.
Starting point is 00:23:47 And so I'm not saying you have to unravel your life. And like I said, we won't have too much more time today, but my whole work is also bringing money into the fold. It's, I mean, earn all the money you want. I amen to that. And I love women earning money. I love women having money. I love women investing money. Right? So it's not about pushing money away. It's more about how do depth and wealth coexist. And I think that's the interesting piece is that if you start to pay
Starting point is 00:24:17 attention to what satisfies you, the change is more natural and less forced. It's more authentic. the change is more natural and less forced. It's more authentic. I got to tell you, I love this approach. And I love that you reiterated that it's personal, what brings satisfaction. But I got to tell you, I don't even need to do this to know at the end of my 30 days, I would never have written down that buying some random product from some random advertisement that popped up in my feed would ever be the thing that brings satisfaction. It's like the amount of times I regret doing that. Yeah. But it's easy to fall into that trap. So having that 30 day overview, I think can really give some
Starting point is 00:24:58 insight into themes and what's true and real for you. And to give us that kind of like ability to ask that question before you press buy, right? It's like, Oh, does this satisfy me? And if it does, then buy it. And if it doesn't, oops, I know that habit, right? It's kind of like the therapist, like there's the whole keep falling in the hole. One day we walk around the hole.
Starting point is 00:25:17 So it just creates different habits in our body. Because I think I'll come back to that point. We are wired to want more. So let that be, but our body can help the mind relax by telling viscerally the rest of you that you actually have enough and you are enough and you know the way to feel enough. What is, and I'm gonna just put in air quotes, the goal.
Starting point is 00:25:41 Like, do we feel we have enough most days? Are we mostly feeling grateful? I know this might seem like a really stupid question, but I don't think very many of us are experiencing this feeling of I am enough, I have enough on a regular enough basis. So I'm kind of like trying to even wrap my head around what it looks like. And to say on a personal note, something you said earlier, I'm in the too much category. I have this and it's not necessarily a working, I'm not saying that this is a good thing. I have been told the vast majority of my life that I'm a little too much for people.
Starting point is 00:26:23 I literally have a quote in front of me that says, you will be too much for some people. Those aren't your people, as a reminder. Right. And I think a lot of my money stuff that isn't working for me that does also stem from my upbringing is this idea that there is too much, right? That there is such a thing as having too much money
Starting point is 00:26:43 or that there is too much wealth in the hands of too few people. Like I have this so long-winded way of asking what is feeling and knowing we have enough, what does that experience even feel and look like? Yeah, I mean, I think you asked me what the goal was at the beginning of the question, right? And so, which was such a great question. I forgot, sorry. Yeah, so I was tracking, I was tracking, and girl, you are in my camp. I've been told my whole life I'm too much and enough, and like, those are my people, right?
Starting point is 00:27:11 And so, you know, there is a tribe of people who just live life intensely. And I think for me, my goal is that I love my life, Nicole. And I've loved my life, not having lots of money in my bank, right? I've loved my life for the last 10 years and it was a moment, it's almost like I started to compound because there's three really basic steps. Once you start to pay attention and appreciate what matters and is meaningful to you, and
Starting point is 00:27:42 then two, you take the step to digest that. And literally what I do, Nicole, is that I swallow. After every meaningful conversation, before I jump into email and get on my to-do list, I stop, I swallow what was meaningful. I tell all my cells in my body, wow, that was a moment of meaning. And then three, you start to compound that.
Starting point is 00:28:04 And in my personal expression, that gave me a feeling of like, Oh my God, I love my life. I didn't add another dollar to my bank account, but I love my life. Right. And I don't love my life every day, but I know how to make my way back there. And so that's what the goal was for me is like, am I living my life in alignment that I'm coming back as often as I can to the I love my life feeling, right? And for you, it might be different. It might be a different word.
Starting point is 00:28:30 And to reality is that the more I've let myself be intense, the more I love my life. And you're right, not a cup of tea for everyone. And that's okay. And it helps me be like, you know, and sometimes money will be part of that. Like going to your example, like I don't necessarily love buying a ton online,
Starting point is 00:28:50 but I love going on a once a quarter shopping spree with my teenage daughter because we're building connection. And we get to comment on our outfits that we buy and we do it together. So I'm not just buying to buy, I'm having an experience with her and we do it once a quarter. We know how much like what our age of our budget is
Starting point is 00:29:07 and we just make it a fun day together. So do you see that? It's not about, but so I think it's really part of why I wrote the book and there's no investment or financial strategy in the traditional sense of the word is because I wanted to give a different entry point into exploring what wealth and money meant to you, to each person, so that then you can go back to your spending
Starting point is 00:29:30 habits and see what feels different. And so it's really a place of non-judgment, total exploration. What does it feel like if you let yourself, Nicole, start to really embrace, yeah, I'm a lot and that's amazing. And money, we'm a lot. And that's amazing, right? And money, we're a lot together. What are we gonna do today? Maybe it's earn you, maybe it's spend you, maybe it's gift you, maybe it's, you know,
Starting point is 00:29:53 like you start to have a creative partner. You know, it's a board member that you can really start to design and feel agency in your financial life. Elizabeth, I have so many more questions and we're out of time. I'm gonna try to sneak one in here. We talked a lot about what it could look like and what enough is.
Starting point is 00:30:15 And I'm curious if there are any harmful myths about money or anything that you're seeing specific to women that we need to let go of or watch out for that may get in the way of us creating wealth for ourselves. And I think a couple myths that come to mind is, I often hear money's evil, right? Or I'm afraid to lose it all. I'm gonna be a bad lady at the end of the day.
Starting point is 00:30:41 Like, those are a lot of the myths. And so I would tell people money's neutral. It's not good nor bad. And so I would tell people money is neutral. It's not good nor bad. We see people cause harm with money. That is 100% correct. But we need to get super clear at what are the corporate structures, administrative structures, policy structures that are in place that are allowing that to happen.
Starting point is 00:31:01 And that's our role as human beings to change that. Money is a neutral tool and I want more women to be in control of our money making decisions and channeling resources because the world would be a better place. So put aside the money is evil because that's when we resist it. Money is neutral, right? And we can help change the world on how money is used. And then the other piece is like, I don't want to take enough risk or I'm going to be a bad lady, I'm going to lose it all. You know, money, women usually take less risk when it comes to investments because we, we forget to see that there's different types of buckets we can put money in. Yes,
Starting point is 00:31:37 keep your cash savings less risky, but the money that we're going to be using for the future that you're growing for the next generation, you can take more risk in. Right? And so I think it's also like our relationship to risk and our relationship. All good advice, and I will just reiterate, money is neutral and it doesn't change people, it reveals them. And that's one of the things that I think we need to remind ourselves. If you are focused on good and you have money, you'll do good with it.
Starting point is 00:32:08 Yeah. And that's why I couldn't agree more that we need more money in the hands of more women. Yeah. And I would say women have, I think, more of an innate ability to start to embody wealth alongside accumulating it. And I think for me, that's the next revolution and the next wave of women really being leaders in this industry. Elizabeth, thank you for a compelling
Starting point is 00:32:30 and important conversation. And I just want to send people to the right and best places to learn more about you. So again, the book is The Power of Enough and Elizabeth's website is elizabethherserrell.com. Yeah, it's H-U-S-S-E-R-L. There's a ton of free resources there that go along with the book.
Starting point is 00:32:49 There is a book discussion guide because I think ultimately it's not a book to put on your nightside table and let it accumulate dust. It's a book to take a journey in and one to also share with others so that you're talking. We need to talk more about money. Agreed. Thank you, Elizabeth. Thank you, Nicole. Pleasure being here. If there is one thing I hope you take away from this conversation, it's that enough isn't just a
Starting point is 00:33:13 finish line you cross. It's a decision you make, a mindset shift, a choice to stop chasing more just for the sake of it and start recognizing the freedom that comes with knowing that you already have enough. Because when you stop measuring your worth or your success by numbers in a bank account, by external validation, or by somebody else's definition of having made it, you take your power back. You stop operating from fear, scarcity, and comparison,
Starting point is 00:33:39 and start living from a place of satisfaction, confidence, and actual abundance. You are enough. You have enough. a place of satisfaction, confidence, and actual abundance. You are enough. You have enough. And the more you believe that, the freer you become. And all of that is woman's work.

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