Ep. 177: What Creates Your Relationship with Money with Biz Hippie

INFO

In this episode of the Money & You podcast, host Michelle Perkins is joined by money coach and entrepreneur Scarlet Stanhope, known as “The Biz Hippie.” Together, they explore the deep connection between emotional awareness, belief systems, and financial behaviors—emphasizing that healing your relationship with money is the true path to financial freedom. Scarlet shares her personal evolution from finance professional to spiritual coach, explaining how she combined financial strategy with inner healing techniques to support clients in transforming both their mindset and money habits. She explains that your money story often originates in childhood and continues to unconsciously shape your adult life—until you gain awareness and take control. The episode dives into techniques like story work and “parts work” to identify and shift internal money narratives. They also discuss the importance of clarity: when you look directly at your financial situation, stress decreases—even before the numbers improve. Ultimately, Scarlet and Michelle emphasize that money should be used intentionally, in service of a clear personal vision—not simply accumulated out of fear or habit. 00:00 – Meet Scarlet Stanhope and her unique approach to money 07:45 – From accounting to coaching: Scarlet’s personal money journey 14:02 – How money mindset affects income at every level 19:35 – Understanding your “money story” 24:18 – Unpacking childhood beliefs and money trauma 31:10 – Tangible steps: How to start seeing and managing your money 37:50 – Creating a vision for your life (and funding it) 45:15 – Maintaining financial routines and emotional resilience 52:00 – Using your money intentionally and living in alignment

Key Takeaways:

  • Your Money Story Begins Early: Beliefs about worth, scarcity, and success are often formed in childhood and can unconsciously impact adult decisions.
  • Awareness is Power: Avoidance creates more anxiety. Simply looking at your numbers—without judgment—reduces stress and opens the door to financial empowerment.
  • Multiple Inner Voices Shape Decisions: “Parts work” helps identify internal conflicts that create confusion or sabotage around money.
  • Vision First, Strategy Second: Know what you truly want from life—then use money as the tool to get there. Most visions are simpler than you think: freedom, family time, travel, ease.
  • Financial Freedom Comes from Alignment: Not just making more money, but using money intentionally to live the life you want—even if it means redefining “success.”

Additional Resources:

  • Learn more about Scarlet’s Empowered Abundance coaching program: https://thebizhippie.com/abundance
  • Follow Scarlet on Instagram: @thebizhippie
For more insights on money mindset, personal finance, and creating an empowered financial life… Subscribe to the Money & You Podcast: Apple Podcasts Please rate and review & share the podcast with your friends and family members who want to better understand money, and feel more confident and in control of their financial lives. Join the Limit Free Life newsletter: https://limitfreelife.com/newsletter Learn more about Michelle Perkins: https://limitfreelife.com LinkedIn: Michelle on LinkedIn Instagram: @livealimitfreelife YouTube: Limit Free Life on YouTube