Known as The Financial Healer, Dr. Wendy Labat is a doctor for a reason. She takes care of any problem and gives the right medicine to entrepreneurs and working professionals to succeed. Today, Dr. Wendy joins Mark Yuzuik to talk about The Financial Cures System they developed and to share some tips for entrepreneurs to help them get unstuck. Need help in resuscitating your finances? Then don’t miss this episode!
—
Listen to the podcast here:
The Financial Cures System With Dr. Wendy Labat
I’m with Dr. Wendy Labat, a financial wizard. This woman has got it down. She’s a doctor for a reason, she can take care of any problem, and make sure she gives the right medicine to be successful. Dr. Wendy, thanks for being here. I want to thank you for being here. What can my readers learn from you? They may have heard of you. A lot of people know who you are, but for those that don’t know who you are, tell them who are you really, Dr. Wendy, because I saw you speak at a women’s conference and you blew them away.
Mark, thanks for having me. I’m Dr. Wendy Labat also known as the Financial Healer. What I do is we develop The Financial Cures System to empower entrepreneurs and working professionals to diagnose their financial health so they can take control of their finances, develop strategies, to get proper protection, build a financial legacy, and create generational wealth. We’ve started our Financial Cures Clinic which is our membership site where you can get access to our content and other professionals in the area.
Many times, people lack strategy. They have the desire, mindset, drive and sometimes they’ll even go out there and invest in knowledge but yet they’re missing something. You’re the woman that puts it together for them. You’re getting them the right strategy to make sure that they are step-by-step in making it successful in their life. That’s what I loved about who you are and what you’ve created, not just for yourself, but you’ve taken that message, you’re sharing with other people, and people that need your help out there. Even entrepreneurs get stuck. There’s a wall to hit and we don’t know why we hit it. We come to you, you tear that wall down, you don’t let no walls get in your way. You are a powerful and inspirational woman and that’s what I love about your program. What would be some tips you can get to somebody when they feel like they’re stuck and they want to get through that wall that they put in front of them? What are some tips that you can give to them right off the bat, Dr. Wendy?
First, they need to take a realistic look at their budget, not just their expenses and their income but their spending habits, because that’s what kills a budget every time. People say, “I know how much I get.” They don’t know how much they spend and once they look at that then they can find income and money that they’ve been wasting.
People don’t measure what they spend, do they? Here’s the deal. If somebody makes say $100,000 a year, they spend $100,000 and then if they get it raised $150,000, their expenses for some reason go up and they don’t monitor. They take for granted like, “I’ll buy this Starbucks coffee for $7 a cup. I’ll go and do this.” They don’t monitor. I remember talking and watching, not only you speak, but you look at other speakers out there. Keith Cunningham goes, “If you’re not willing to measure how you’re willing to grow, how do you know where you can grow from? If you’re making $100,000 a year and you get $20,000 cut off your income, you still survive.” Isn’t that interesting how our mind works? I want to say nobody but the reason that a lot of people stuck is they don’t invest in themselves first.
Your mind determines your destiny. Share on XThat’s one of the things you want people to do is you pay yourself first. From there, you have some strategies that you can invest and make your money work for instead of you working for your money. When you work for your money, you’re trading dollars for time versus your money doesn’t have any time. It’s going to make you either money or it’s going to lose your money because you don’t respect your time. What advice could you give to somebody about paying themselves first? I hear excuses all the time, “I can’t make it. I can’t do this.” That’s an excuse as somebody buys into, but you’re going to spank them and tell them that’s not the way it’s going to be.
What you have to do is prioritize in a different way. A lot of people make things priorities that aren’t priorities. You have to make sure your priorities are in order and then you can pay yourself and afford to do other things that you think you can’t afford to do.
Paying yourself first and that’s the problem people don’t do. You know what they do is they pay their bills first and they forget the most important bill is themselves. When they stopped doing that, then they’ll never grow because they always think that everybody else and other things are more important. I’m not saying don’t buy food, rent, mortgage, and your car but when you make yourself a priority, that point your mindset changes because you’re big on making sure their mindset is in the right place so they feel, number one, is they deserve it.
A lot of times, people don’t say because they don’t feel they deserve it. They get caught up in the, “I made a little extra money. Let me go spend it on things that are losing me money.” Things like TVs, bigger cars, and showboating because they want people to think they have more than they did for acceptance and love. You’re not about that. You’re about creating strategies that get them to realize that when you create a system that brings you in money and allows you the freedom, then you can have all that stuff but don’t go try and get freedom at the expense of growth.
Not only do you want to pay yourself but you want to protect yourself. I’m a breast cancer conqueror and because I had the proper protection, my disease wasn’t a financial disaster for me. Even though I went through some mental things but financially, I was doing fine.
That’s the one thing people forget is to protect themselves first. Insurance isn’t there with the mindset of something is going to happen to me. Some people say, “You’re bringing it onto.” Insurance is there in case the unforeseen things happen. Everything happens for us for a reason. Thank God you’re in that position where you’re able to do that because I’ve seen families destroyed because of medical bills and things like that but you set yourself up right. If they go, “I want to follow this strategy.” You should be on TV. You should have your own show because you’re an inspirational, powerful woman. They call you a doctor for a reason because you are the doctor of a lot of things. How would somebody get ahold of you so they can follow, get some ideas, tips, and strategies? Your life isn’t always easy. You’ve created a lifestyle to make it so you’re fulfilled.
Not only can you get ahold of me but you can get some free tips from me at Splash.TheFinancialCures.com.
She’s a giving woman. She has given so much to many people, not just inspiration. When you reach out to her, she understands about life and what life is. It’s about fulfillment and allowing somebody to have the freedom so they can have a lifestyle that allows them to enjoy the time they want to enjoy with their family, friends, and the life they deserve. That’s why you say to pay yourself first. When you pay yourself first, you’re paying yourself not just in profits but in fulfillment and growth. If you don’t have anything for yourself, how are you going to be able to give to somebody else? That’s the thing. I want to say you’re a great inspiration. You’re a powerful woman. I love every time around you and the energy you have.
I wish I had a video of people who could see how beautiful you are because you are a beautiful woman. I’ve never seen you where you haven’t shined. When you walk down the hall, they’ll go, “That’s a woman with power.” She’s beautiful, confident, has made it, and you’re an inspiration to many people. My wife loves you to death. She’s like, “Dr. Wendy Labat, I love her so much.” We had such a great time in Cancun. That’s where we got to meet you and see you and all that. I still remember when we did the demonstration in the show and how much fun we had, but then you realize the power of your mind.
That’s for sure. Your mind determines your destiny.
We are going to destiny yourself to success. Dr. Wendy, thank you. Make sure you get ahold of her. Keep in touch with her. She is an inspiration to many people out there. She’s a powerful woman and she’s here with a purpose. I love everything she has to do with everybody, your message, energy, and being around her. When you see her, you’ll light up because she lights up everybody. Thank you for reading. Dr. Wendy, God bless you. Thank you for being on my show. Remember, Get Your Mind Set. That’s the name of my show. Subscribe so you could be notified. Read all these other episodes with these great guests of mine, people that are my inspiration. Go to my website, GetYourMindSetWithMark.com. Download the free book, Creating The Life You Want. Read a chapter a day, live your life, and make sure you rock this world because you deserve it. God bless you. I’ll talk to you next time.
Important Links:
Love the show?Subscribe, rate, review, and share!
Join the Get Your MindSet Community today: