Rich & Radiant With Liz Carroll

What does it really mean to be wealthy?

For many women, the answer goes far beyond the balance in a bank account. Wealth can mean freedom, peace of mind, confidence, and having the ability to live a life that aligns with your values. Yet despite being successful in their careers and businesses, many women still struggle with financial stress, limiting beliefs, and uncertainty around money.

In this episode of the Redefine Business Podcast, Brittni Schroeder welcomes back bestselling author, financial coach, and life coach Liz Carroll to discuss how women can transform their relationship with money. Liz shares her own financial journey, explains why mindset plays such a critical role in financial success, and offers practical tools to help women move from financial survival to financial freedom.

If you’ve ever felt overwhelmed by money, avoided looking at your finances, or believed you weren’t “good with money,” this conversation will encourage you to think differently.

Liz Carroll’s Journey to Financial Freedom

Liz didn’t always feel confident with money. Early in her career, she found herself working hard but constantly feeling financially overwhelmed. She describes feeling like she was running on a treadmill she couldn’t slow down—always earning, always spending, yet never feeling secure.

Instead of accepting that as her reality, she decided to create a financial plan.

As she and her husband intentionally worked toward their financial goals, Liz noticed something unexpected. While their finances improved, so did her confidence. She began exploring mindfulness through yoga and meditation, eventually becoming both a certified financial coach and life coach.

Today, Liz combines financial education with mindset coaching to help women create lasting financial confidence instead of temporary financial fixes.

Why Women Think Differently About Money

One of the biggest topics discussed in this episode is how women have been conditioned to think about money.

For generations, many women were taught to focus on spending less instead of earning more. Conversations around money often centered on restriction, budgeting, and sacrifice rather than opportunity, abundance, and growth.

Liz believes it’s time to unlearn many of those outdated beliefs.

Rather than viewing money as something to fear or avoid, she encourages women to see it as a tool that can support the life they truly want to build. As more women become entrepreneurs, business owners, and primary income earners, it’s increasingly important to develop a healthier and more empowering financial mindset.

Moving Beyond the Traditional Budget

One of the biggest mindset shifts Liz introduces is replacing the idea of a restrictive budget with a thoughtful spending plan.

For many people, the word “budget” feels limiting. It often brings feelings of guilt, scarcity, or deprivation.

A spending plan, however, creates intention.

Instead of asking, “What can’t I spend?” Liz encourages women to ask:

• What matters most to me?
• Where do I want my money to go?
• Does my spending reflect my values?

When your finances align with your priorities, money becomes a tool for creating the life you want rather than a constant source of stress.

Redefining What Wealth Means

Liz’s bestselling book, Rich & Radiant, invites readers to redefine wealth on their own terms.

While financial security certainly matters, wealth isn’t only measured by income or net worth. It’s also found in peace, purpose, fulfillment, generosity, and living in alignment with your values.

Throughout the episode, Liz emphasizes the importance of slowing down long enough to ask yourself what success truly looks like. When your goals are based on your own values instead of outside expectations, financial decisions become much easier to make.

The Three Stages of Financial Growth

One of the most powerful frameworks Liz shares is the three stages of financial transformation:

Survive

This is where many people begin.

Financial stress feels overwhelming, money conversations are uncomfortable, and it can feel easier to avoid looking at the numbers altogether.

The first step isn’t perfection—it’s awareness.

Strive

Once clarity begins to replace confusion, you can start intentionally working toward your financial goals.

During this stage, you begin making decisions based on purpose rather than fear. You become devoted to creating the future you want instead of simply reacting to your current circumstances.

Thrive

Thriving doesn’t mean life becomes perfect.

Instead, it means you’ve created enough confidence and security that money no longer controls every decision. You experience more peace, flexibility, and enjoyment because your financial foundation supports the life you’ve intentionally built.

Liz also reminds listeners that these stages aren’t permanent. Life changes happen, and it’s completely normal to move between them over time.

Building Confidence Through Both Mindset and Math

While mindset is a major part of financial success, Liz believes confidence also comes from understanding your numbers.

Many people avoid looking at their finances because they’re afraid of what they’ll discover. But avoiding the numbers often creates more anxiety than facing them.

By identifying clear financial goals and building a personal safety net, women can create genuine confidence backed by both emotional resilience and practical planning.

Financial confidence isn’t about knowing everything—it’s about knowing enough to make intentional decisions.

Creating Security Without Burnout

Another important conversation in this episode centers around burnout.

Many high-achieving women work incredibly hard but still don’t feel financially secure. They’re constantly chasing the next goal without stopping to ask what they’re actually working toward.

Liz encourages listeners to build financial security in a way that also protects their wellbeing.

Success doesn’t have to come at the expense of your health, relationships, or happiness. Financial freedom should create more ease in your life—not more exhaustion.

Rich and Radiant Is a Mindset

One of the most inspiring takeaways from this conversation is Liz’s reminder that being rich and radiant isn’t reserved for people with a certain income level.

It’s a mindset.

It’s choosing intentionality over fear, abundance over scarcity, and confidence over avoidance.

No matter where you are financially today, you can begin making decisions that move you toward greater freedom and fulfillment.

Connect with Liz Carroll

Liz Carroll is a bestselling author, financial coach, life coach, and speaker who helps high-achieving women build healthier relationships with money through practical financial strategies and mindset transformation.

Learn more about Liz and her work:

• Book: Rich & Radiant (available on Amazon)
• Website: https://berichandradiant.com
• Instagram: @mindfulmoneycoaches