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Bitesize: How Your Money Story Shapes Your Financial Future with Melissa Browne

HOST Bryce Leske|4 November, 2022

After five years of Equity Mates and three years of Get Started Investing we’ve built a back catalogue of more than 700 episodes. Bitesize is our opportunity to share some of our favourite moments, lessons and quotes from both Equity Mates and Get Started Investing.

In this clip, we chat to Melissa Browne – about understanding what makes you tick, and how that impacts your attitudes towards money (and helps you get better at looking after yourself!).

Listen (or watch) the full episode here:

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Melissa: [00:00:21] So I believe that until you understand who you are, you can't have great finances as and what I mean by that is both nature and nurture. It's your money story. So figuring out what's the money story that I inherited from my parents, what's the money story that I've picked up from the media? And is that serving me or is it sabotaging me? Do I need to lean on an amplifier or do I need to rewrite it? But it's also figuring out how I inherently behave? So what's my money type? And I believe there's four different types of money. The discern are the realtor, the creator and the worker. And depending on your money, time will depend on what investments will feel most comfortable for me. How should I set up my financial life so that it becomes a rip tide rather than an itchy jacket? So for example, my husband is a worker that he just wants to go 24/7. He just needs jobs. Yeah, he does. I would think I have for him everything that I've done, but I do that from my discernment. So for me, the idea of 9 to 5 doesn't make sense, but I can work hard to strategically put things in place if it makes sense to me. Where is he? Will perpetually be frustrated by people that work less than him but have a better financial result because he's so busy working that he's not investing and a worker will also potentially hoard cash and not want to invest because that makes them feel safe. Whereas a year later for the on the other hand, it needs to put their own financial oxygen mask on first and they're most at risk of sexual transmitted debt and rescuing others. The Creator is the most at risk, risk of just blowing everything because they need it to look a particular way off or just sitting back and going, You know what? I'm just going to manifest finances, which, you know, could work if you're also taking action steps in and potentially hiding their investments away from themselves. So when I say who you are, it's figuring out both my money story and my money type and then setting up habits in an environment that's right for me. And I think that's the first step that most people don't do. 

Bryce: [00:02:47] If you enjoyed that bite size, you'll find a link to the full episode in the show notes.   

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Meet your hosts

  • Bryce Leske

    Bryce Leske

    Bryce has had an interest in the stock market since his parents encouraged him to save 50c a fortnight from the age of 5. Once he had saved $500 he bought his first stock - BKI - a Listed Investment Company (LIC), and since then hasn't stopped. He hopes that Equity Mates can help make investing understandable and accessible. He loves the Essendon Football Club, and lives in Sydney.

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