Ooh how exciting that your millionaire is Leonie! I’ve been in and around her orbit since 2017 (her workbook back then was called My Shining Year which really spoke to me as I was turning 40 that year) and I’m in her Academy now. I tend to have quite a lot of negative responses to high levels of wealth (ever the poor scholarship kid at the posh school eh) but her attitude to having a lot of money is really positive and inspiring - that it just makes you more of who you already are so if social justice and compassion are your values having more money means you can practice those values even more impactfully. Thanks so much for this interview, really enjoyed reading it 😃
I had the My Shining Year workbook too! And, yes, agree with you - I think good people can do good things with a lot of money. I’m definitely willing to give it a try 😂
Love this interview, so interesting, and Leonie sounds like a brilliant example of someone who made money by being truly herself, instead of having to change herself and lose integrity to hustle to make money. What a good example for us all. And I LOVE the idea that money just makes you more of who you are. It chimes in with that idea that success just amplifies who you are - so for both of these, success and money, it's lovely to think that we can make progress by getting happy, healthy and fulfilled from where we already are, we don't have to wait, and more abundance will just deepen what we already are, and have.
Great interview! Think it's worth saying that it's slightly misleading where she says that it's not true that you can live off the interest if you have a £1,000,000: the 4% rule, that she cites, would give you £40,000 a year, which a lot of people could live off! (and 4% is fairly conservative, as the average annual return of the global stock market over the past 25 years is around 9%)
That’s a good point. I thought she was answering for herself, but now I’ve reread I take on board what you’ve said. I could certainly live on £40k a year. I’ve not yet earned close to that.
Thank you for this interview & sharing !! Thank you for your newsletter. 🐞 Thank you for being a source of information for those of us who ignored money for way too long & are trying to figure it out now, in our 50s.
Ooh how exciting that your millionaire is Leonie! I’ve been in and around her orbit since 2017 (her workbook back then was called My Shining Year which really spoke to me as I was turning 40 that year) and I’m in her Academy now. I tend to have quite a lot of negative responses to high levels of wealth (ever the poor scholarship kid at the posh school eh) but her attitude to having a lot of money is really positive and inspiring - that it just makes you more of who you already are so if social justice and compassion are your values having more money means you can practice those values even more impactfully. Thanks so much for this interview, really enjoyed reading it 😃
I had the My Shining Year workbook too! And, yes, agree with you - I think good people can do good things with a lot of money. I’m definitely willing to give it a try 😂
Ha! Likewise 🤣
So INTERESTING! I’ve never thought of money as a relationship that needs tending before.
Love this interview, so interesting, and Leonie sounds like a brilliant example of someone who made money by being truly herself, instead of having to change herself and lose integrity to hustle to make money. What a good example for us all. And I LOVE the idea that money just makes you more of who you are. It chimes in with that idea that success just amplifies who you are - so for both of these, success and money, it's lovely to think that we can make progress by getting happy, healthy and fulfilled from where we already are, we don't have to wait, and more abundance will just deepen what we already are, and have.
Great interview! Think it's worth saying that it's slightly misleading where she says that it's not true that you can live off the interest if you have a £1,000,000: the 4% rule, that she cites, would give you £40,000 a year, which a lot of people could live off! (and 4% is fairly conservative, as the average annual return of the global stock market over the past 25 years is around 9%)
That’s a good point. I thought she was answering for herself, but now I’ve reread I take on board what you’ve said. I could certainly live on £40k a year. I’ve not yet earned close to that.
Actually I think that might have been my goal for this year. Better make it a financial year goal instead and get on with it 😬
£40,000 equates to around $77,000 AUD though, which might explain the difference in opinion about "40k".
Ah! That makes sense. Thank you.
I wish I had these kinds of realisations in my 20’s 😆 it’s def a relationship. Though I am learning this the hard way 🙃 great interview
Oh absolutely. Me too. And thank you!
Thank you for this interview & sharing !! Thank you for your newsletter. 🐞 Thank you for being a source of information for those of us who ignored money for way too long & are trying to figure it out now, in our 50s.
Thanks so much, Jodi. I’m so glad it’s useful. (Figuring it out if my fifties too - 53 this month 🫥)