Decoding Your Client's Money Language Words That Reveal Their Money Story

It's Not About The Money

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3M ago 26:05

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Episode Overview

In this episode, I delve into how coaches, therapists and professionals can decode their clients' money language to uncover deeper beliefs and patterns around finances. By becoming attuned to specific words and phrases, practitioners can help clients identify unconscious money stories that may be limiting their financial wellbeing.

Key Highlights

The Power of Money Language

The words we use around money often reveal our deepest beliefs and fears
Most money language is unconscious - clients don't realise what they're revealing
Listening carefully can unlock breakthroughs much faster than traditional approaches
Money language appears in conversations about pricing, investing, saving, spending and receiving

Becoming a Skilled Listener

The importance of genuine curiosity when exploring money language
The difference between hearing and truly listening to clients
Creating space for clients to express themselves fully
Noticing emotional markers - when clients speed up, slow down or change their tone
Reflecting back exact language rather than paraphrasing or interpreting

Money Story Types and Their Language Patterns

The Impulsive

Key phrases: "I couldn't resist," "I'll figure it out later," "You only live once," "It was calling my name"
Makes emotional, in-the-moment money decisions
Challenge isn't budgeting skills but creating systems that work with their spontaneous nature
Traditional budgeting often feels restrictive and triggers resistance

The Architect

Key phrases: "I need to plan for this carefully," "What's the return on investment?" "I'm falling behind on my financial goals," "I'm not comfortable taking that risk"
Prefers solid plans and struggles with taking financial risks
Benefits from permission to be occasionally spontaneous with money
May need an "impulsive money pot" to build capacity for flexibility

The Enabler

Key phrases: "I should help them out," "I can't spend that on myself," "I need to do more"
Prioritises others' financial needs before their own
Needs support with creating healthy boundaries
Benefits from recognising their own financial worthiness

The Pacifist

Key phrases: "I don't think about money," "Money will work itself out," "Money isn't important to me," "I trust the universe will provide"
Avoids financial decisions due to fear of responsibility
May have past experiences of poor financial decisions or being rescued financially
Needs gentle accountability and small steps to build confidence

The Innovator

Key phrases: "I see a big opportunity here," "I can always make more money," "The potential upside is huge"
Often seen in entrepreneurs who focus on possibilities and growth
May neglect stability and foundations in pursuit of opportunity
Benefits from strong financial planning alongside their risk-taking

Other Language Patterns to Notice

Scarcity Language

Phrases like "That's never enough," "I can't afford it," "I always run out of money"
Indicates patterns of lack and limitation in money thinking

Abundance Language

Phrases like "There's always more where that came from," "Money comes easily to me"
May indicate a healthy relationship with money OR potential neglect of financial stability

Inherited Money Beliefs

Listen for phrases starting with "My parents always said..." or "In my family, we never..."
These reveal generational patterns that may not actually belong to the client

Practical Applications

Reflect language back: "Tell me more about how money burns a hole in your pocket"
Go deeper with questions: "When did you first learn that money was scarce?"
Help clients create new language patterns that better serve their financial goals
Remember that changing money language can lead to changing money behaviours

Final Thought

By becoming fluent in the language of money psychology, coaches can create deeper, faster transformations with clients rather than simply handing them off to financial experts.

Chapters

00:00 Decoding Money Language

02:52 Understanding Money Stories

06:08 The Role of Active Listening

08:56 Exploring Money Story Types

12:08 Identifying Language Patterns

14:53 Inherited Money Beliefs

18:14 Transforming Money Narratives

339 episodes