Interview with Elizabeth Plancon
In this episode, we will uncover 3 keys:
- Releasing Fear and Limiting Beliefs Around Money
- Shift Your Money Mindset by Changing Your Language and Beliefs
- Trust and Let Go: The Power of Faith in Manifestation
Podcast Transcription
Episode 56: Mind Over Money: Master Your Finances and Elevate Your Wealth | Elizabeth Plancon
Intro
Odiva Vasell: (00:32)
Welcome, welcome, my fabulous fempreneurs! I’m excited that I am bringing you today some more really in-depth information on money mindset. I am here with wonderful Elizabeth Plancon, and she is gonna give us some practical tips on how to move forward in our money—not only mindset but just improvement for the better of each of our lives. Welcome, welcome, Elizabeth!
Elizabeth Plancon: (01:11)
Thank you so much for having me. I’m so excited to be here with you all today.
Odiva Vasell: (01:16)
Yes, and it is—it is warm! It’s summer now, and you are just bringing the beach to us with that lovely, lovely background that I just can’t take my eyes off. But for those who are just listening on the podcast, we just welcome you to grab a pen and paper while we open up and explore one of the taboo topics of the world. I don’t know why, but yeah, let’s start there. Why do you think money became such a taboo topic for us, especially for women?
Releasing Fear and Limiting Beliefs Around Money
Elizabeth Plancon: (01:57)
Yeah, I think it’s because it became so personal. Like, right? Like, personal. Like, everyone kind of—it’s how they, you know, live. And there’s a lot of judgment, I feel, around it too—judging others, judging what they do with their money. Or if they have more than someone else, then sometimes they feel better than other people. Or those with less than might feel that those people with more money feel that, right? Like, there are all these assumptions about money and how it changes people and how people—you know, what they do with it and how it makes them feel and live their life. So, I really think it just became that—such this personal, like, personal thing in people’s lives that, you know, we—I don’t know how you were raised, but you were always taught, like, you don’t ask people how much they make. I don’t know how much my friends make—like, my very best friends—like, we don’t talk about that, right? Like, it’s not really out in the open. And, you know, I think it’s a beautiful thing that it’s starting to come more into the awareness that money is just a tool, and it doesn’t have to rule our lives and how we feel about each other or have judgments attached to it.
Odiva Vasell: (03:15)
Right, and I love what you’re saying. That’s one aspect that we have not explored—how it makes us perceive ourselves when we don’t have as much or how those that have more perceive themselves or perceive others. In the sense that it could be just in your head. People might be looking down on you, or you might just feel that people are looking down on you. And how does that play out in someone’s life who is living paycheck to paycheck? For example, how do they feel?
Elizabeth Plancon: (03:57)
You know, it’s—it’s—I can’t really say how they feel, right? Because only they know how they feel. I can only make my assumptions, just as I think, which is exactly what you said. People have their perceptions, and they hold that as truth. But when you realize that your assumptions and, you know, projections are not the truth for everybody, it may be true for you, but that doesn’t hold true about them. Those are not facts. So, you know, really, like, if you’re someone that’s living paycheck to paycheck, you know, maybe removing the judgment from that on yourself but also remove the judgment of comparing yourself to other people, right? And we could definitely get into that when we talk about, you know, tips and everything like that and how it kind of works with the energetics of money—’cause it’s like one of my favorite things to talk about. But it’s so huge about your perceptions and beliefs.
Odiva Vasell: (04:54)
Yes, okay, yeah. So, yeah, we cannot talk about how someone else feels, but I can only imagine that there is a mindset involved that brought them to the place where they’re living paycheck to paycheck. And so, what are the energetics? How do we move and change this energetic so that we become a person who is more in the flow and not living fearful?
Elizabeth Plancon: (05:24)
Yeah, I mean, really just like cultivating the belief that there’s always more than enough. That is something that’s really changed my life because there really is always more than enough money and supply in this world. There’s always more than enough abundance. Abundance is limitless, and we can tap into that limitless supply based on what we believe to be true for ourselves and our energetics. And so, you know, my first thing is, if you are living paycheck to paycheck, even just trying to hold that gratitude that you are able to pay your bills, right? That you are able to cover your expenses and that you have everything that you need. Being in gratitude for having the things that you need and what you do have now is going to be, like, the first step in shifting your energetics and perspective.
Odiva Vasell: (06:20)
Beautiful! Being in gratitude—that’s a great tip. How about other tips for managing your money from day to day?
Elizabeth Plancon: (06:32)
Yeah, so for managing day to day, with—as far as like the energetics—you know, I’ll try to answer this, you know, as short of a statement as I can because it really is, you know, for me identifying where you are now, right? Like, seeing where you are, having that awareness, and then getting clear about what you would love. Not so much about what you think is possible at this moment, but how much would you love to be making every month? Because if you are not clear on how much you would actually like to make per month or, you know, feel like that would, you know, make you feel comfortable and safe and secure, in terms of manifestation, you know, the universe—we talk about that. If you’re asking for more money—
“I just want—I just want more money.”
Well then, what? Have you got an extra $10 for that paycheck? Or you had an unexpected, you know, free lunch, or you found a dollar on the street? Well, you got more money, right? So, you know what I’m saying? We really have to get clear on what is that amount that you would love to be able to be making every month or bringing into your life every month.
Odiva Vasell: (07:47)
So, what I hear you saying is having goals?
Elizabeth Plancon: (07:50)
Yes, having goals and clarity around those goals.
Odiva Vasell: (07:55)
Yeah, clarity around the goals—possibly writing them down. How do you record those goals?
Elizabeth Plancon: (08:04)
So, when I first meet with a client or one of my students in manifestation and trying to achieve more money, we clearly define that dollar amount, right? And then we are going to be writing it every day in present tense as if you already have it. So, it is like a statement that is:
“I’m so happy and grateful now that I make”—whatever amount you wanna make—”every month, you know?”
We’ll just say, you know:
“I make $5,000 every month on a consistent basis with ease and flow.”
But the important part of saying that every day or writing it—whatever feels good to you—is feeling. How would it feel if that were true in your life? How would it feel once that happens for you? Would you feel safe? Would you feel secure? Would you feel joy? Freedom? What is that feeling? And taking a moment to actually feel and experience that feeling.
Odiva Vasell: (09:00)
Wow, yes! And that is a key to manifestation. Yes, just knowing how it feels. And the tip was putting it in the present tense—nothing wishing, not the wanting or the chasing, but having.
Elizabeth Plancon: (09:20)
Right, because when you have it and you become it, that’s when it manifests in your physical reality. That’s when it’s, you know, you’re changing your vibration and becoming an energetic match to that amount. If you continue to say, like, “I want this,” or “I wish I had this,” or “I would love this to happen,” right? You’re keeping it in the future and keeping yourself in the energetic of wanting, meaning you don’t have it. So, we wanna be in the energetics of already having it because that is what the universe will respond to by bringing it to you in your physical reality.
Odiva Vasell: (09:59)
Brilliant! And you just touched on something that is very clear now to me—how the media and, you know, television commercials keep you in that area of wants. They—they have this system set up that makes things seem just out of reach so that you will try and purchase it. And then you have to get the next thing and the next thing, and one of the results is that people wind up in debt.
Elizabeth Plancon: (10:39)
Yeah, and I also think that debt is also a taboo in this, you know. It’s a controversial thing, and many people won’t agree with me, but if you have debt, I don’t always think it’s the worst thing in the world, right? Because we put this—when you put this negative connotation to debt, right? Then that’s what brings your energetic down, and you’re going to stay there. So, you know, one of the things that I’ve learned in manifestation is, you know, instead of saying the goal like, “I’m so happy I’m debt-free,” or “I just wanna be out of debt. I just wanna be out of debt,” what you’re doing by saying those things is you’re focusing then on your debt. And whatever you focus on is what’s going to continue to manifest over and over in your current reality.
So, instead of focusing on the actual debt, we wanna shift your focus to what is it—the state that you wanna be in—which is financial freedom, right? So, “I’m so happy and grateful now that I live in financial freedom every day.” And whatever that means to you, that’s totally fine. But for me, sometimes, you know, having a little bit of credit card debt is not the worst thing in my life because I’m grateful that I have this credit available to me, you know, to get the things that I need when I need them. And I know it’s gonna get paid off. Like, I fully know 100% it’s going to get paid off, so I don’t worry about it anymore, right? Like, that was the biggest shift for me that changed my life—when I stopped worrying about my debt and focused on financial freedom. And that’s how I was able to pay off my debt.
Odiva Vasell: (12:19)
Oh wow, so that’s huge! That can apply to every area of our life. Instead of focusing on what you don’t want—because what I’m hearing from you—the universe doesn’t hear that “don’t.” It doesn’t hear “I don’t want that.” It hears, “I want debt,” and you’re stuck in that phase. And transforming it to “I am so grateful that I live in financial freedom”—so changing your language around your current situation is very helpful to change your mindset. Is that true?
Shift Your Money Mindset by Changing Your Language and Beliefs
Elizabeth Plancon: (12:51)
Yeah, so 100%! Your words are so powerful. And even if you’re just joking around, right? A lot of times, like, paying attention to your language—this is another great tip—like, “That’s really expensive,” or “It’s too expensive,” or “I’m broke.” Like, if you keep saying, “Oh, I’m so broke,” what do you think is gonna happen? You’re gonna remain in that state of being broke.
So, really, paying attention to the words that you’re using is so powerful, right? And, you know, another thing is, like, when we go to the grocery store and we have to—if you do have to use your credit card, right—instead of being in that feeling like, “I can’t believe I have to use my credit card. I’m putting this on my credit card,” we give thanks for being able to get the things that we need. Or when we’re paying our bills: “I’m so grateful that I’m able to pay my bills. I’m so grateful that I’m able to pay for this food,” right? And that is just putting you in that energy of abundance and gratitude, which will bring more things to be abundant and grateful for.
But going back to, like, the focus really quickly, I just wanna say this one statement that is one of my, like, mottos:
“You know, worrying is like praying for what you don’t want.”
So, it kind of is like—whatever you’re focusing on is what you’re asking for. So, if we’re constantly worried about money and the lack of it, right? We’re constantly worried about the debt. We’re basically asking for more of that, even though it doesn’t feel that way, right?
Odiva Vasell: (14:24)
Interesting! And I—yeah, I understand. Those are part of the things that get programmed into us from childhood and from our environment—family background, culture—to say things all the time:
“Oh, that’s too expensive.”
“Oh, that’s a waste.”
And just in the last few years, I had to curtail myself from saying, “Oh, I can’t afford that,” because it wasn’t actually true. Once you believe that you can, then things start to open up for you.
So, it’s interesting that, too—I would say sometimes maybe socially—to say you don’t have it is more acceptable than to say, “Oh, I have it. Money is no problem.” People might, again, they might be judgmental:
“She thinks she’s so—I don’t know—so above it all,” right?
Elizabeth Plancon: (15:25)
Right.
Odiva Vasell: (15:27)
And how—how do you manage that, especially when it comes to family that are still stuck in that judgment and in that kind of scarcity mindset, money-is-evil mindset? How do you maneuver around people who don’t allow you to expand? Or—I shouldn’t say “don’t allow you.” You can expand if you want to, but who are giving negative vibes?
Elizabeth Plancon: (16:02)
Yeah, so I love how you caught yourself there, right? Because no one can, you know, not allow us to do anything. That is our choice. We are allowing other people to impress their beliefs upon us. So, it really is kind of like putting those blinders on and those walls up to, you know, figure out what it is that you would love to believe to be true and holding on to those beliefs.
And understanding that we are all on our own journey, and my beliefs are different from yours. And what I believe to be true is going to be different than other people, and that’s okay. Everyone can have their own beliefs, but we don’t have to take them on for ourselves.
And we can, you know, start to express to people:
“You know what? I’m choosing to believe that I am supported and everything will be okay.”
And the more you start living in this way, and others see how your life starts to shift, they’re going to start catching on, and they’re going to be like, “I want some of that too,” right? Like, “I want that positive mindset.” It will start rubbing off on people.
But it really is deciding to not allow the outside circumstances around you to affect your inner being. That’s what it comes down to.
Odiva Vasell: (17:22)
Brilliant! I repeat that again—do not allow the outside circumstances around you to affect your inner being. And one other thing that you said: hold on to what you want to be true or what you believe is true. Hold on, yes!
So, moving into fear—fear around money and money as a reflection of your self-worth—keeps yourself at a certain level. How does one begin to, I guess, erase or let go of the programming that this is the way my life has to begin?
Elizabeth Plancon: (18:18)
Yeah, right? Like, you’re just assuming that this is the way you were brought up, or this is how your family is and has been for generations, and there’s no way out, right? And fear comes from our ego. And our ego is not all a bad thing. Like, people talk about the ego as this awful thing. Our ego is here to keep us safe, right? It protects us, which is good. We need that sometimes, but most of the time, it is to keep us small and not expand and grow because it wants to keep us comfortable.
And when we are growing and expanding, that is uncomfortable. So, letting go of the fear of going into the unknown… And for me, it really is believing and trusting in a higher power, whatever that is for you—whether it be God, Universe, Spirit, or Source. You know, I believe that there is a higher power that connects us all, and I am divinely supported and guided, and I will always be okay in this universe.
And that’s something I had to kind of, you know, shift in my beliefs of what I thought God was, right? And I definitely shifted my beliefs in that—believing that there’s a universal energy that, you know, does not want us to suffer. We’re not here to suffer. We’re not here to be without. We can have the life that we desire, and we are worthy and deserving of it.
There’s nothing you need to do to become worthy of deserving it. You don’t have to prove yourself, okay? So, these are the beliefs that have allowed me to release fear from my life, follow my intuition, take new steps, and realize I can create anything I want in my life. And so, I don’t have to be held down by those limitations I once thought I was.
Odiva Vasell: (20:06)
Beautiful sentiments! And you create a shift for yourself. So, tell us a little bit about your story—where you were and how you moved and transitioned to now having your own money empowerment business.
Trust and Let Go: The Power of Faith in Manifestation
Elizabeth Plancon: (20:23)
Yeah, so I—I was working with my mom, actually, straight out of college and worked with her for 16 years. I was going to take over the company. It was gonna be a pretty cushy-paying job. I was gonna be doing well, and I started to have this pull towards something else—like that I was meant for something bigger, you know?
Just really something that was more purpose-driven, something that I had a passion for, something I felt inspired by, ’cause what I was currently doing was not my passion. And I was in debt. I was always—I would usually have, you know, a break… not a breakdown, but I would freak out about money probably about once a month. You know, being like, “Oh my gosh, we have all this debt. We’re never gonna be able to get a bigger house. We’re never gonna be able to do this. We wanna do all these things,” and like, you know, I would always worry about how much money we spent.
I would go to look for the cheapest thing, right? All the time. And then I found this material. I found mindset work and I found manifestation work, and it changed my life. It completely changed how I look at the world. It changed how I look at myself and realizing that I can create a life of my own that I love, and I can change my circumstances at any moment in time.
And so, by doing that, I have been able to manifest the things that I desire. You know, I manifest unexpected money all the time. And that is one thing—like, when something happens now, like if something breaks, like an appliance, right? Or your car or whatever—I used to freak out. “How are we gonna pay for this? Oh my gosh, it’s so much money!” and go on that spiral.
Now, and even when I first started, I would just let go and trust—trust that the money would come and it would be okay. And every single time, the money has showed up in unexpected ways. And I can get into those stories if you want me to—some of them—’cause they’re super fun. But, you know, just things like that—um, manifesting the money to buy our dream home, right? You know, and go on trips.
And then, one of my biggest manifestations I wanted to do was create my business that was a soul-led business, which I’ve done. So, that’s kind of like my story and how, you know, I started off. I used to be that person who was like, “Let me talk to your manager. I’m gonna get my way,” you know? And I let things bother me. I worried all the time.
I’m a completely different person.
Odiva Vasell: (22:58)
I wanna go back to that phrase—letting it go. Trust that it will be okay. Trust that it will be okay, and I invite our listeners to take a deep breath on that because, yeah, it can be tough for a woman—a woman running her own business—to take risks and feel like, because she’s giving up her security.
But trusting that it will be okay is part of the process of manifesting that it will be okay and feeling gratitude for when it happens and it comes out okay. How did you… how did you manage to transition your family into that? Because just one person doing the work—and let’s say the husband is the same or used to you being a certain way—and then the reaction is like a codependent reaction to your money mindset and then his money mindset. How does that transition?
Elizabeth Plancon: (24:08)
It really is just living by example, right? You know, just holding that truth, like I talked about before, and these beliefs—just sharing what I’ve learned, you know, and how I’ve changed my beliefs. And, you know, really just giving a different perspective and not coming from judgment, letting go of judgments, and really being vocal about it.
For me, with my family, it’s about releasing judgments around other people or their actions and the world, and explaining to people what I’ve learned. You know, my whole family has kind of shifted—not even just my husband and my kids, but also my, you know, my family, like my sister, my mom, and my cousins. They all watch me—my, you know, friends—and they say, “We watch you. We’re learning from you how to just live this happier life.”
And I think they see how I’ve changed, and it’s easy for them to ask me questions or just listen to how I phrase things, or how I, you know, talk about things or the actions that I’m taking. And I would say, you know, as an entrepreneur, when you’re talking about taking risks and everything—and how it could be scary, right?—I truly believe you had this pull, this calling to do what you wanna do in your business for a reason, and that everything happens for a reason.
It’s not by mistake. So, knowing that by stepping into your purpose, stepping into this business—whatever it is that you’re doing—you will… you can make it work because you are meant to do this. So, just believe in yourself and that goal towards where you wanna go, and let go of the fear surrounding that—you know, the fear that you will be without.
Odiva Vasell: (26:04)
Oh, beautiful sentiment and a lot of wisdom! And you can just feel your energy of wisdom that surrounds you—like age-old, timeless wisdom. And I just invite others to breathe into this and not only have courage but… it’s kind of a faith—trust that it will be okay.
And whatever your soul, as you said—the soul-led business—is leading you to, lean into that purpose, definitely. And then, I guess you learn to love it, or the enjoyment will come as soon as you are in the place that you truly belong. Well, yes. Thank you, thank you for sharing your wisdom with us, Elizabeth, today.
Elizabeth Plancon: (27:04)
Thank you so much for having me. I really enjoyed it.
[music]
Conclusion
In conclusion, transforming your money mindset starts with small yet powerful shifts—changing your language, focusing on financial freedom, and letting go of fear. By practicing gratitude, trusting the process, and leading by example, you not only create a positive shift in your own life but also inspire those around you. Remember, abundance begins when you believe it’s possible and take aligned steps toward the life you desire. Trust that everything you need is already within reach.