four steps to

Mastering Your Money Mindset

Disheartened about money - woman at computer - money mindset - Ruffle Mentoring
Feeling disheartened about money? You're not alone.

“Shining the light on your Money Mindset gives you back your power” – Melissa Meagher

Mastering your money mindset is a process, but it doesn’t have to be a negative undertaking. In fact, it feels super empowering!

Have you ever noticed how you can be having a fabulous day, yet within seconds of receiving that unexpected bill or learning of (yet another) interest rate rise, your internal world can crash?

You’re not alone, it happens to many of us. Our feeling of fabulousness immediately vanishes and is replaced by negative money thoughts and feelings of financial hopelessness. 

This has happened to me too!

But it doesn’t have to be this way.

That’s why I’ve put together this overview of my 4 steps to mastering your money mindset to get you started.

So, What is a Money Mindset?

Let me start by drawing an analogy between our money mindset and the Titanic story (for those of you who haven’t watched Leo and Kate for a while!) 

The apparently invincible and amazing luxurious passenger liner, the Titanic, was cruising along when it unexpectedly hit a seemingly small piece of ice. Of course, this was an iceberg with just its top innocently jutting out of the water.  No-one could see its massive expanse lying below the water, nor comprehend the huge damage it could cause.

This iceberg represents exactly how our money mindset operates. We think we are completely in control on a conscious level, but in fact this is just the tip of the iceberg – just 5% of its mass! It is our massive subconscious that lurks deep beneath our surface and our hidden money mindset completely runs the show!

In order to truly master our money and quieten that constant internal negative money chatter, (especially at 3 in the morning!) we need a mastery map. 

Sound simple? Well, it can be.

Mastering Your Money Mindset in Four Steps

I’ve created the Money Mastery Map – not only from my expertise as a financial advisor, but from the personal experience of knowing how it feels to be awake at 3am feeling like my world is crashing.

Yes, despite my financial expertise, I’ve experienced that too. No-one is exempt from having that mass of (subconscious) money mindset hidden below the surface. I’m pleased to tell you that these days, I have a healthy money mindset, so I now know how it feels to truly master my money and be in control!

And that’s what I want for you.

I’ve put together an overview here of my four steps to mastering your money and your money mindset.

These steps are your Mastery Map for negotiating how to Master Your Money Mindset…and anything else in your life that might need sorting out!

My suggestion is to get yourself a beautiful journal and start writing this all down – because once you open the floodgates, it will be amazing what will come up from the depths of your money mindset!

And in your financial journey, please know that I am here, so feel free to reach out anytime.

1. Open up the space to get real about your money

The best map in the world is no good if you don’t know where you are.

To be able to have freedom and choice around when, what and where you spend your money, you first need to understand what makes up your Money Pot.

I get my clients to do a personal financial audit or money health check. Of course, I support my clients in a step-by-step process to do this, however, if you’re up for it to do this step alone, go for it. 

Here’s where you start. 

Grab your journal and get crystal clear on the following:

  • List all money that you own. (eg home, car, cash, investments)
  • List all money that you currently owe. (eg mortgage, investment loans, personal loans, credit cards. Yes, the lot. You’ve got this.)
  • List all the money that you have coming in. (eg income from job/business, investment income, child support, Centrelink)
  • List all the money you have going out. (fixed costs and lifestyle spending)



This exercise will give you clarity, awareness and efficiency around knowing your numbers.

Let me ask you a question… What would life be like if you weren’t stressed around money?

Money loves clarity…and clarity is power!

2. Understand your Money Story

Did you know that our money beliefs are formed by the age of seven when we are in Theta brain wave mode, where we take everything in like a sponge with absolutely no filter?

These money beliefs are the set of rules or guidelines we have told our subconscious to live by, so it will do everything in its power to keep those rules safe.

As we get older, our subconscious money beliefs are reinforced with every experience and interaction we have and are further ingrained as our core beliefs.

Now the problem is that some of these money beliefs are not serving us and may not even be true!

It is our job to identify any negative or limiting money beliefs and blocks you might have around money and challenge the outdated ones that don’t serve you anymore (or weren’t even true in the first place!).

3. Get in touch with your Heart’s Desires

By the time you get to this step three, you will be feeling a little more empowered and in control of your money because you will understand the connection your childhood memories have on your current relationship with money. 

You are in the position to THINK BIG!  

You have created this beautiful and powerful space that you can now fill with whatever your heart desires.

These are your non-negotiables. They are not just what you want – it must be stronger than that. I want you to tap into what is an absolute must for you in your life, your aspirations!

It is vitally important to ensure you create the space and time to be able to look at this. It is not something you can just squeeze in between everything else that is going on in your life.

Tuck yourself away with that journal and get crystal clear and into flow.

Make sure your language is in the present tense and positive!

4. Are you repelling money without even knowing it?

Money is simply a form of energy. It is not good or bad, positive or negative, it is simply a means of exchange – like we traded camels and goats in the past.

The meaning and the emotion we attach to money gives it the power and amplifies it. 

Within our money stories and rules, we have also been conditioned by society. This has a huge impact on us, too.  For example, think about movies you watched when you were growing up where the wealthy person in a position of power was always the villain!

We are all an energy force, as is money, and we vibrate on a certain frequency level sending out energy waves to the atmosphere.

So, our negative thoughts (negative energy waves) repel money. If your money belief system is that you will never have enough money, that becomes your reality because you are giving out or vibrating energy that repels money.

Alternatively, if you think there is more than enough to go around and money flows easily to you, you will draw in the vibrational energy and attract money to you.

Our thoughts create the reality around us and can have a ripple effect so what you put out there definitely relates to what we receive back!

Clear Your Money Blocks

Knowing where your money is going gives you the ability to make educated and informed decisions… and you need to know what this looks like first before you are able to move forward!

Not making it right or wrong, good or bad, it is what it is… and pulling the curtain back and shining the light on your money mindset and your personal finances is the first step to taking back your power. 

Flexing your financial capability muscle and experiencing ultimate financial freedom and independence is what I am determined to help you to achieve.

Clients tell me all the time how absolutely liberating it is to take the emotion out of their numbers and treat their finances purely as data. This allowed them to draw a line in the sand, move forward and make fully informed decisions.

In fact, a client recently told me how they were able to make the decision to send their daughter to a private school that would have never been a consideration had they not gone through this process.

So, grab that journal and get started. 

Need help to get started?  No problem. 

You can apply for me to give you a free ‘Clear your Money Blocks’ session here.

Otherwise, I look forward to hearing how you go. 

Feel free to message me!

Melissa Meagher has over 20 years’ experience in the financial services industry, working previously as a financial planner, stockbroker and seminar delivery specialist.  She has worked with a variety of different employers – from large financial institutions such as Sunsuper, Suncorp and Westpac to small boutique financial planning firms.

Melissa now coaches women by providing the tools, support and framework to empower them to have clarity and freedom around their money. 

View Melissa’s profile.

Melissa Meagher The Rebel Money Coach - Ruffle Mentoring
Melissa Meagher - Finance Coach


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