Vivian Goh, Simple Wealth Coaching – InnovaBuzz 241
Vivian Goh, Simple Wealth Coaching
In this episode, I’m really excited to have as my guest, Vivian Goh, Founder and Financial Wellness Coach at Simple Wealth Coaching.
Vivian built financial knowledge and connections in the Property, Super and Financial Advice industries over a decade, and realised that financial know-how is only a part of a solution, not the whole solution to wealth creation. This led her to leave her financial advising license and found Simple Wealth Coaching. Her life mission is to help people improve their financial wellbeing through personalised coaching and unbiased financial guidance.
In our discussion, Vivian and I talked about:
- Some of the limiting beliefs we have about money and how they hinder our wealth growth
- Asking really good questions to uncover what really motivates people
- Considering money as a means of exchanging value, rather than an entity of itself
Corey Wastle on episode 227 introduced us to Vivian.
Listen to the podcast to find out more.
Listen to the PodcastThe better thing to really aim for is the freedom to make a choice with the financial resources that you have and how you can amplify and make the most of that. – Vivian Goh on #InnovaBuzz podcast Click To Tweet
Show Notes from this episode with Vivian Goh of Simple Wealth Coaching
Key points and takeaways from this episode include:
- Unhealthy money beliefs are usually the underlying cause of our money struggles.
- Entrepreneurship is all about listening and being fully present in what is really happening in the market. It is all about understanding what the real problem is and offering a solution for that.
- Coaching is all about asking your clients really good questions and creating a space for them to reflect on their common patterns.
- Money is just a tool. It is a great tool to reflect on how we are showing up.
- Set financial goals that are aligned with your values.
- Financial goals and financial strategy are two different things. Financial goals are basically life goals that require funding. A financial strategy is what you use to achieve that goal.
- Use money as a vehicle and not as an end goal.
- Financial Wellness Coaching takes a more holistic approach to your finances. It is not just about the numbers or strategies.
- How you earn money and how you feel about it is part of your financial wellbeing because that is how your money is flowing in.
- Value is important. Money is a medium for exchange. It is a convenient way for exchanging goods and skills.
- Know the skills that you are good at. If you can solve more problems for people that they truly value then they will pay more for it.
- Financial freedom is such a very vague goal. The better thing to really aim for is the freedom to make a choice with the financial resources that you have and how you can amplify and make the most of that.
- Have a clear definition of the things that you truly value in life. When you’re clear about those things, then you can spend more time and resources to have more of those things and you no longer need to be motivated to achieve your financial goals because those are the things that you value most in life.
- The more you stress about the future and the more you think about what could go wrong, the more energy it consumes and it takes you away from making the right financial decisions that can progress and change your situation.
- Financial wellbeing is important especially when you’re running a business.
- There is no best way. There are just different ways.
- Everyone has a different view. You need to be flexible in your perspectives so that you don’t only have one way of doing things and you can incorporate alternatives.
- Being innovative is all about being in tune with what’s going on and then creating something that is valuable.
The Buzz – Our Innovation Round
Here are Vivian’s answers to the questions of our Innovation round. Listen to the interview to get the full scoop.
- #1 thing to be more innovative – Let go of any stress that you are experiencing in life. Find ways to resolve it straight away.
- Best thing for new ideas – Daily meditation routine.
- Favourite tool for innovation – My ability to really look for patterns and see what’s really going on in the market.
- Keep project / client on track – Ask great questions to uncover what they really want.
- Differentiate – Look into yourself and learn more about yourself – what your strengths are, what comes naturally to you, and what you enjoy. Know yourself really well.
To Be a Leader
Continue leading. Leadership needs to be sustainable. Really look into what’s going on in society. Identify problems that need to be solved and solve them. Doing that continuously lets you become a leader in your field.
Vivian suggested I interview Christina Canters, CEO of Podcast Services Australia. So Christina, keep an eye on your inbox for an invitation from us to the InnovaBuzz podcast, courtesy of Vivian Goh.
Cool things about Vivian
- She speaks Cantonese, Malay, Mandarin, and English.
- She’s a mentor at the University of Melbourne and Monash University.
- She has numerous coaching qualifications including NLP, Coaching Genius Cert, and Integral Semantics Facilitation.