The Mental Money Challenges Stopping YOU From Enjoying Your Wealth

about episode 600:

  • January 21, 2025
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Episode #600

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Are you building wealth but feel like you can never enjoy it? Do you struggle with money, fearing you carry the same poor financial habits as your parents? Whether you’ve got a lot of money or a little, many of us face the same mental financial challenges—anxiety, shame, and stress—but it doesn’t have to stay this way.

Today’s guest is living proof that change is possible. After completely turning his financial life around, from maxed-out credit cards, a rock-bottom credit score, repossessions, and empty bank accounts, to achieving financial success, he now teaches others how to do the same.

Steven Hughes, a money therapist, focuses on uncovering the financial beliefs shaped during childhood. Steven recognized that the negative money mindset affecting him in his youth also impacted countless others. To address this, he founded the non-profit “Know Money” to help people cultivate a stress-free, anxiety-free, and guilt-free perspective on money, empowering them to achieve true wealth—both mentally and financially.

Do you feel like, even though you’ve got money, you’re constantly worrying or unable to keep a cent in your bank account? Steven provides practical tools to help you finally break free from an unhealthy money mindset.


00:00 Intro
01:13 7 Maxed Out Credit Cards?!
05:56 Teaching Others to Avoid His Mistakes
07:34 Identifying Your Money “Root”
10:08 Getting Out of Debt
11:55 Financial Therapy
16:28 Mental Money Challenges
18:53 Healthy vs. Unhealthy Money Emotions
22:24 What to Do AFTER FIRE
25:46 Tools to Manage Money Emotions
32:34 Family Asking for Money?
38:34 Connect with Steven!
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