Money & Mindset Expert Laura Ann Moore: Think Saving Will Make You Rich? Here’s Why You’re Wrong

15/11/2024 37 min
Money & Mindset Expert Laura Ann Moore: Think Saving Will Make You Rich? Here’s Why You’re Wrong

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Episode Synopsis

In this episode of No Bollocks with Matt Haycox, I sit down with financial coach and influencer Laura Ann Moore. Known for her straightforward insights into money management and wealth-building, Laura shares the secrets behind her journey to financial freedom—and why she believes that building wealth is as much about mindset as it is about numbers.Laura makes a compelling case: "Most people think money is about numbers, but I believe the emotional side of money is even more important. It’s your mindset, not your income, that ultimately shapes your financial future." Her insights challenge conventional views, underscoring why she thinks people are often held back by their own relationship with money. As Laura explains, "Your relationship with money is built from childhood. The phrases you hear, the experiences you have—they all shape the way you handle money today."In this episode, you’ll learn:The powerful role emotions and mindset play in how we manage, save, and invest money.Why investing—not just saving—is essential for true wealth building and financial freedom.How Laura transformed her own finances by reshaping her mindset and developing financial confidence.Why starting early, even with small amounts, can set you on the path to financial freedom.Laura’s insights are invaluable for anyone looking to not only manage money better but also to gain emotional clarity around wealth. Whether you’re in debt, saving, or already investing, Laura’s perspective will resonate with anyone serious about long-term financial empowerment.Timestamps0:00 - Intro0:42 - Financial Coach vs Financial Advisor2:32 - People's Emotional Problems with Money5:13 - Morgan Housel, The Psychology of Money7:41 - Matt's Personal and Emotional Problem with Money17:01 - Investing Advice for the Best Compound Interest25:41 - Laura's Youngest Client27:03 - Dealing with Clients with Too Much Debt31:52 - Pay off all debt in full before investing, or both together?33:06 - Why Buy Gold?36:05 - Where to Find Laura========================Connect with Matt Haycox, No BS Business Podcast Host & 8-Figure Entrepreneur. I’m Matt Haycox, entrepreneur, investor, and your straight-talking guide to building a business that actually works. I’ve raised over £750M, built (and rebuilt) 8-figure companies, and learned the hard way what it really takes to win. On No Bollocks with Matt Haycox, I cut through the bollocks to bring you raw conversations with 7–8 figure founders, investors, and experts who’ve been there, done it, and got the scars to prove it. No hype, no theory, just actionable strategies you can use today to start, grow, and scale your business. Whether you’re stuck in your 9–5, building your side hustle, or trying to hit your first £100k month, this is your go-to podcast for entrepreneur tips, startup growth strategies, raising capital, building a personal brand, and avoiding the costly mistakes most founders make. 📩 Get Matt’s free business newsletter for weekly strategies, mindset shifts, and behind-the-scenes lessons → https://nobollockswithmatthaycox.beehiiv.com/subscribe ▶ Instagram – https://www.instagram.com/thematthaycox/ ▶ YouTube – No Bollocks Podcast - YouTube ▶ LinkedIn – https://www.li...

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