Money Mindset: Moving from Scarcity to Abundance | Leisa Peterson

How can we move from a mindset of scarcity to one of abundance? In today’s episode, Leisa Peterson, author of The Mindful Millionaire and The Money Catalyst, joins us to explore how our early money beliefs can hold us back and how to create a healthier, more abundant relationship with money. Leisa shares how she overcame her own scarcity mindset, the impact it had on her marriage, and practical steps you can take to enjoy your wealth and your life with more freedom and trust. Then, in our Net Worth Win segment, we meet Sushant Thakray from North Carolina. Sushant and his wife Amrita have built a $3 million net worth in their 40s and achieved financial independence after years of living below their means, investing steadily, and staying debt-free. He explains how they grew from $30,000 of student debt to full financial freedom, how they’re passing money lessons to their kids, and what life looks like now that he’s “retired from corporate life, but not from life.” RESOURCES 👉 Sponsors, Deals & Partners – See all current offers in one place: https://marriagekidsandmoney.com/sponsors 📚 Leisa Peterson – The Mindful Millionaire & The Money Catalyst: https://amzn.to/4nvXGP9 📺 Sushant Thakray – Money with Swabi (YouTube): https://www.youtube.com/@Moneywithswabi 📘 Own Your Time – Pre-order Andy’s new book: https://marriagekidsandmoney.com/book PODCAST CHAPTERS 00:00 – Leisa Peterson on overcoming scarcity thinking 00:28 – Today’s two segments overview 01:15 – Defining a scarcity mindset 02:10 – How early money beliefs shape our behavior 04:30 – Moving toward abundance and trust 06:30 – Recognizing scarcity triggers 07:10 – Leisa’s “candy bar” story and breaking old patterns 09:45 – Parenting and passing down money beliefs 10:50 – How to identify your money story and triggers 12:30 – Scarcity and marriage dynamics 15:30 – Navigating abundance vs. frugality in relationships 16:20 – The $4,000 New Zealand trip that changed everything 18:15 – First steps to embracing abundance 20:20 – Finding joy and celebrating life’s moments 21:30 – Leisa’s new book: The Money Catalyst 23:25 – Introducing Net Worth Win: Sushant Thakray 24:00 – From average student to millionaire mindset 25:00 – Motivation shifting from money to freedom 26:20 – Paying off $30,000 in student loans 27:45 – Living below their means and saving for freedom 29:45 – Retiring from corporate life, not from purpose 30:20 – Breaking down a $3 million net worth 32:10 – Teaching his kids about money and investing early 34:00 – Generational wealth through knowledge and mindset 36:00 – Redefining retirement and designing a free life 37:30 – Advice for new investors and wealth builders 38:40 – Connect with Sushant and his Money with Swabi channel 39:35 – Andy’s update on Own Your Time book pre-orders 39:50 – Quote of the Week: Eckhart Tolle on gratitude and abundance HOW WE MAKE MONEY + DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered professional advice. Marriage Kids and Money (https://www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by linking to Amazon.com. CREDITS Podcast Artwork: Liz Theresa Editor: Johnny Sohl Podcast Support: Andy Hill Learn more about your ad choices. Visit megaphone.fm/adchoices