The Money Mindset Podcast

#120 Our Worst Financial Mistake That Cost Us $1million dollars 😲

January 30th, 2023

I'm sure you've been given money advice at some point in your life that sounded good at the time, but turned out to be bad advice that cost you money!

Today I'm sharing the worst advice we followed that led to our biggest money that will cost us almost $1 MILLION.....yes million....dollars in our lifetimes.

But as with all mistakes and setbacks, there is a silver lining!

Hosting Today:
I'm Ashley Patrick, ex detective turned debt-free CEO of my very own business and stay at home mom of three. Not too long ago, my dreams of staying at home with my kids seemed impossible. I thought I'd have to stay miserable in a high stress demanding job, just so I could retire someday.

After gaining the confidence in my own ability to manage my family's finances and a simple step-by-step plan to make it happen, I was able to pay off $45,000 in just 17 months, which then allowed me to finally quit my job, stay at home with my kids, and build a debt-free business.

Now, my mission is to help moms like you conquer debt and free themselves from the mental load of handling their family's finances.

“But you know, we all make mistakes and we learn from each other. So I would love to hear your biggest mistake and maybe you know, what you've learned from that mistake because that's where we really grow and that's where we make the biggest progress in our learning and our journey because we're like, hmm, never wanna do that again. Right? We learn more from our failures and our mess-ups than we do from our successes. And that's just how our brains work.”
- Ashley Patrick

00:11 - The Money Success Club
00:57 - The topic of today's episode
02:52 - What made us take out a loan
05:33 - 401(k) loan
10:59 - The start of our debt free journey
12:40 - Tell us about your biggest financial mistake
14:22 - How to sign up for your own Budget Strategy Session episode

Do you need time, space, and accountability to take action on the things you KNOW you should be doing, such as budgeting so you can actually pay off debt, save money, make a meal plan, and all the other things that keep falling off your to-do list? Would you thrive in a supportive community of other busy moms who understand what you're going through and are working to achieve similar financial goals?

If that’s a YES, I invite you to sign up for the Money Success Club at

And if you enjoyed the podcast today and got some great takeaways, I’d really appreciate it if you followed the Money Mindset Podcast so you don’t miss out on future episodes

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