How Nyla Cut Her Losses and Unlocked Her Biggest Asset – Herself!
From a frugal upbringing in India, to an almost 15 year-long career working as a stock trader on Wall Street, writer and researcher Nyla has always possessed a strong fluency in the language of money. But when faced with the abrupt endings of both her job and her marriage, Nyla took the opportunity to re-examine her life path, and her relationship with money.
In this episode of “Financially Ever After”, Nyla shares some of the insights she has discovered that have helped her unleash her most creative, well-rounded and generative self, including:
• Why, when it comes to marriage, looking at finances and value creation between two spouses as a zero sum game is not healthy and can prevent you from seeing one another as equal partners. [14:48]
• Why financial coaching should be an important and lifelong educational process for individuals and couples, alike. [25:30]
• How a dramatic “life audit” shifted her understanding of the value of money and has led her to now view money as a tool that makes possible incredible opportunities and experiences. [37:48]
• How she has learned to redefine her net worth as a “holy triangle” comprised of: social capital (your network), human capital (yourself) and financial capital. [44:10]
• Why your creative and generative potential is the key to your sense of well-being, and how when that is out of whack, you do a disservice to everyone in your life. [46:40]
Items mentioned in this podcast:
• Financial Therapy Association www.financialtherapyassociation.org