S3E22. Change Your Money Mindset with Isaiah Goodman

Isaiah Goodman, chief financial advocate at Becoming Financial and founder and CEO of MoneyVerbs, is going to take you on a financial journey to help everyone better understand the complex world of money. Isaiah is a certified financial planner and financial instructor, and his passion is to empower others and help them think about becoming better every single day.

Isaiah’s dream of helping as many people as possible develop financial character led him to creating MoneyVerbs, a new app that allows users to practice how to get rich in a safe way. You can get all of the money knowledge in the world, but at the end of the day, the only way to really figure it out you have to practice. The problem is that, when you practice with money, you have the real risk of losing it — and that’s not a risk everyone can take. But anyone can use MoneyVerbs.

People don’t like to talk about money, and that creates a lot of fear around it — and also a lot of opportunities to build up bad habits. Isaiah believes that one of the reasons we don’t talk about money is because many people tend not to spend their money in a way that aligns with their values. When our spending does not reflect our values, we are ashamed to bring it up and we’d rather just ignore the topic altogether.

One of the key things that everyone needs to do—but nobody ever wants to—is budgeting. The way Isaiah sees it, we’re all going to have to start budgeting eventually. Once you’re retired, you only have so much money to work with. If you start early, not only is the change not going to be as abrupt but you may even be able to bring that retirement up a few years earlier!

The goal of MoneyVerbs is not just financial literacy, it’s changing financial behavior—or, changing your money mindset. At some point, we’ll be able to change the world for the better through changing one mindset at a time… starting with yours.

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