On this episode of The Your Money Sorted teachers’ podcast, Eileen is joined by Sumantha, a former teacher turned English tutor and business owner. Sumantha opens up about her first money memory, detailing how her parents' cautious spending habits left her justifying expenses. Sumantha shares her journey as a business owner and the crucial shift from viewing spending as an expense to an investment, drawing on lessons from authors like Denise Duffield Thomas. The conversation explores the impact of fear on Sumantha’s decision-making, highlighting the need to distinguish healthy caution from unnecessary worry. Sumantha emphasises the value of personal development for teachers, discussing the challenges they face in prioritising well-being. The discussion concludes with insights into Sumantha’s fear of running out of money and the delicate balance between financial security and leading a fulfilling life. Sumantha reflects on the influence of her immigrant parents on her money mindset and the ongoing journey to overcome ingrained fears around spending. If you enjoyed this episode, make sure to leave a 5 star review on the streaming platform of your choice!

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You can find out more about Sumantha over on her website.