Transforming Your Relationship with Money with Judy Wilkins-Smith
Money is more than just currency; it’s a reflection of our beliefs, fears, and aspirations. On a recent episode of Heal Squad with Maria Menounos, Judy Wilkins-Smith, author of Decoding Your Emotional Blueprint, provided invaluable insights on how to break free from limiting financial mindsets and create a healthier, more abundant relationship with money. If you’ve ever felt stuck in scarcity thinking, this conversation is a must-read.
How Your Money Mindset is Formed
From childhood, we unconsciously absorb financial beliefs from our families. As Maria shared, growing up in a household where money was a constant source of stress shaped her belief that no matter how much she earned, there was never enough.
Judy explains that these generational money narratives often dictate our financial behaviors—even when they no longer apply to our current reality. “If you’ve grown up hearing ‘we don’t have enough’ or ‘money is hard to come by,’ then those beliefs stay with you and influence every financial decision you make,” she says.
The key is identifying whether these inherited beliefs are still serving you. If not, it’s time to rewrite your money story.
Scarcity vs. Abundance: Flipping the Script
One of the biggest hurdles to financial freedom is scarcity thinking—the belief that money is limited and should be hoarded out of fear of loss. This mindset can keep you from taking necessary risks, investing in yourself, or even enjoying the wealth you already have.
“Money is like a relationship,” Judy explains. “If you treat it with fear and anxiety, it won’t want to stay with you. But if you welcome it, appreciate it, and use it wisely, it will flow into your life more freely.”
Maria recently put this concept to the test. Instead of overanalyzing and second-guessing a big purchase, she told herself, “I deserve this. I’ve worked hard for it.” The result? She felt empowered, and instead of guilt, she experienced more financial opportunities flowing her way.
Steps to Breaking Free from a Scarcity Mindset
If you’ve been living in financial fear, Judy suggests a simple three-step process to shift your perspective:
- Identify Your Money Beliefs
Write down every thought you have about money—positive and negative. Then, ask yourself: Where did these beliefs come from? Are they still true? - Flip the Narrative
Replace limiting beliefs with empowering ones. Instead of saying, “There’s never enough money,” say, “I am open to receiving abundance in all forms.” - Take Inspired Action
Make one financial move that aligns with your new mindset—whether that’s investing in yourself, starting a savings plan, or simply allowing yourself to enjoy your earnings without guilt.
The Energy of Money: Let It Flow
Judy emphasizes that money should be seen as energy that needs to move. “If you hold onto it too tightly out of fear, it stagnates,” she says. “When you circulate money in a meaningful way—whether that’s investing in education, your business, or your well-being—you create space for even more to come in.”
Maria reflected on this realization when she started making her home a true sanctuary. By investing in beautiful furniture and creating a peaceful space, she noticed a surge in creativity, productivity, and overall happiness. “I used to think I had to hoard money, but now I see that when I invest in my joy, everything flows better—including my finances.”
Final Thoughts: Turn Off the Money Nightmare and Turn On the Dream
One of the most profound takeaways from this episode is that financial fear stifles our ability to dream. If you’re constantly worried about what could go wrong, you’re not creating space for what could go right.
As Judy puts it, “Happiness requires courage. The more you embrace abundance, the more opportunities, ideas, and resources will flow into your life.”
So, what’s one step you can take today to shift your relationship with money? Start small, be mindful, and watch the transformation begin.
For more healing and wellness tips, be sure to subscribe to the Heal Squad with Maria Menounos podcast via YouTube or Apple Podcasts.
