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Episode Show Notes

Bree Soscia

The Financially Empowered Yogi; Finding $$$ Flow and Freedom w/ Bree Soscia

April 04, 20244 min read

“Financial Freedom is being able to walk away from your yoga teaching business and earning money if you want to.” - Bree Soscia

Being a self-employed yoga teacher offers a unique blend of work and passion.

You get to share your love for yoga and help others find their center, all while setting your own schedule. But this freedom comes with the challenge of financial uncertainty.

Bree will help you navigate this by exploring both the advantages (flexible hours, doing what you love) and the challenges (income fluctuations, lack of employer benefits) of being a yogipreneur.👊

Custom HTML/CSS/JAVASCRIPT

Delegate, Don't Drown: Freeing Up Your Time

Imagine having more time to focus on creating inspiring yoga classes or deepening your practice. Bree argues that outsourcing is crucial for self-employed individuals. She'll identify the #1 task you should delegate (e.g., bookkeeping, social media marketing) to free up your valuable time and energy.

Budgeting as a Pathway to Empowerment

The "B-word" often conjures up images of restriction and deprivation. But Bree will show you how to reframe your relationship with budgeting. Learn how to create a flexible spending plan that aligns with your values and empowers you to make conscious financial choices.

Financial Self-Care: Nourishing Your Financial Well-Being

Just like taking care of your physical body through yoga, your finances need regular attention. Bree will introduce you to financial self-care rituals you can incorporate into your routine. These might include tracking your spending, conducting regular financial reviews, or setting up automatic transfers to savings.

Beyond Budgets: Embracing Goal-Based Planning

Traditional budgets often fail because they focus on restricting spending, neglecting the bigger picture. Bree will introduce you to a more empowering approach – goal-based financial planning. This involves identifying your financial goals (dream retirement, travel fund) and creating a roadmap to achieve them.

Demystifying Financial Advisors: Finding the Right Fit

Many people believe financial advisors are only for the wealthy. But Bree will debunk this myth. Learn how a qualified financial advisor can help you develop a personalized financial plan, navigate investment options, and stay on track towards your goals.

Defining Your Freedom: What Does Financial Freedom Mean to You?

Financial freedom doesn't have a universal definition. Bree will guide you through an exercise to help you define what financial freedom means to you. Is it being able to work less? Travel the world? Securely retire early? Understanding your unique definition will be the driving force behind your financial planning.

Friends and Finances: Seeking Expert Guidance

Financial advice from friends can sometimes lead you astray. Bree will explain why you should seek guidance from qualified financial professionals. They have the knowledge, experience, and objectivity to help you make informed decisions.

Investment Lingo Made Simple: Understanding Your Options

The world of finance can be intimidating with its technical jargon. Bree will translate the lingo commonly used in investment discussions. You'll learn about the 3 levels of savings (emergency fund, short-term goals, retirement) and explore different investment vehicles suitable for your needs and risk tolerance.

Retirement Accounts Demystified: Investing for Your Future

Saving for retirement can feel overwhelming, especially for self-employed individuals. This post will explain the main differences between retirement and non-retirement accounts (e.g., IRAs, 401(k)s, taxable accounts) and their tax implications.

Common Pitfalls to Avoid: Financial Planning Mistakes for Yogipreneurs

Self-employed yoga teachers often make specific financial planning mistakes. Bree will identify these common pitfalls, such as neglecting to save for taxes or not having adequate health insurance. She'll also provide actionable tips to help you avoid them.

The Yoga-Finance Connection: Mindful Money Management

The principles of yoga extend beyond the mat and can be applied to your finances. Bree will explore the surprising connection between practicing yoga and managing your money. You'll learn how concepts like discipline, mindfulness, and living in the present can guide you towards financial peace.

By taking control of your finances and implementing these strategies, you can bridge the gap between your yoga mat and your dream beach retirement.

Watch entire episode on YouTube


Links mentioned in episode:

Recharge Retreat information and sign up. Use code MYYT for 10% off 

Join FGFunnels 

Submit Your True Story! 

Connect with MaKenzie

OTHER RESOURCES FOR YOU FROM MAKENZIE:

⏬  Download my free e-book 8 Steps to Master your Yoga Teaching to start standing out above the crowd.
💵Purchase the Pose Bible for $13 to design dynamic sequences in half the tie without the stress, overwhelm, or second guessing. 

OTHER RESOURCES MENTIONED BY THE GUEST:

Connect with Bree

@finacialyogi on IG


SUPPORT: 

Please subscribe, rate, and review to help us continue to deliver free, valuable content each and every week. Take a screenshot at the end of every episode, share to your stories, and tag @masteryouryogateaching. 

#MYYT #YTT #NamasteBlessed

yoga teachersyoga businessyoga teacher financesfinancial planning for yoga teachersretirement for yoga teachersbudgets for yoga teachersself employed yoga teachers
blog author image

MaKenzie Fly

MaKenzie Fly is the host of Master Your Yoga Teaching podcast. She is a yoga teacher mentor, helping others hone their skill and stand out above the crowd.

Back to Blog
Bree Soscia

The Financially Empowered Yogi; Finding $$$ Flow and Freedom w/ Bree Soscia

April 04, 20244 min read

“Financial Freedom is being able to walk away from your yoga teaching business and earning money if you want to.” - Bree Soscia

Being a self-employed yoga teacher offers a unique blend of work and passion.

You get to share your love for yoga and help others find their center, all while setting your own schedule. But this freedom comes with the challenge of financial uncertainty.

Bree will help you navigate this by exploring both the advantages (flexible hours, doing what you love) and the challenges (income fluctuations, lack of employer benefits) of being a yogipreneur.👊

Custom HTML/CSS/JAVASCRIPT

Delegate, Don't Drown: Freeing Up Your Time

Imagine having more time to focus on creating inspiring yoga classes or deepening your practice. Bree argues that outsourcing is crucial for self-employed individuals. She'll identify the #1 task you should delegate (e.g., bookkeeping, social media marketing) to free up your valuable time and energy.

Budgeting as a Pathway to Empowerment

The "B-word" often conjures up images of restriction and deprivation. But Bree will show you how to reframe your relationship with budgeting. Learn how to create a flexible spending plan that aligns with your values and empowers you to make conscious financial choices.

Financial Self-Care: Nourishing Your Financial Well-Being

Just like taking care of your physical body through yoga, your finances need regular attention. Bree will introduce you to financial self-care rituals you can incorporate into your routine. These might include tracking your spending, conducting regular financial reviews, or setting up automatic transfers to savings.

Beyond Budgets: Embracing Goal-Based Planning

Traditional budgets often fail because they focus on restricting spending, neglecting the bigger picture. Bree will introduce you to a more empowering approach – goal-based financial planning. This involves identifying your financial goals (dream retirement, travel fund) and creating a roadmap to achieve them.

Demystifying Financial Advisors: Finding the Right Fit

Many people believe financial advisors are only for the wealthy. But Bree will debunk this myth. Learn how a qualified financial advisor can help you develop a personalized financial plan, navigate investment options, and stay on track towards your goals.

Defining Your Freedom: What Does Financial Freedom Mean to You?

Financial freedom doesn't have a universal definition. Bree will guide you through an exercise to help you define what financial freedom means to you. Is it being able to work less? Travel the world? Securely retire early? Understanding your unique definition will be the driving force behind your financial planning.

Friends and Finances: Seeking Expert Guidance

Financial advice from friends can sometimes lead you astray. Bree will explain why you should seek guidance from qualified financial professionals. They have the knowledge, experience, and objectivity to help you make informed decisions.

Investment Lingo Made Simple: Understanding Your Options

The world of finance can be intimidating with its technical jargon. Bree will translate the lingo commonly used in investment discussions. You'll learn about the 3 levels of savings (emergency fund, short-term goals, retirement) and explore different investment vehicles suitable for your needs and risk tolerance.

Retirement Accounts Demystified: Investing for Your Future

Saving for retirement can feel overwhelming, especially for self-employed individuals. This post will explain the main differences between retirement and non-retirement accounts (e.g., IRAs, 401(k)s, taxable accounts) and their tax implications.

Common Pitfalls to Avoid: Financial Planning Mistakes for Yogipreneurs

Self-employed yoga teachers often make specific financial planning mistakes. Bree will identify these common pitfalls, such as neglecting to save for taxes or not having adequate health insurance. She'll also provide actionable tips to help you avoid them.

The Yoga-Finance Connection: Mindful Money Management

The principles of yoga extend beyond the mat and can be applied to your finances. Bree will explore the surprising connection between practicing yoga and managing your money. You'll learn how concepts like discipline, mindfulness, and living in the present can guide you towards financial peace.

By taking control of your finances and implementing these strategies, you can bridge the gap between your yoga mat and your dream beach retirement.

Watch entire episode on YouTube


Links mentioned in episode:

Recharge Retreat information and sign up. Use code MYYT for 10% off 

Join FGFunnels 

Submit Your True Story! 

Connect with MaKenzie

OTHER RESOURCES FOR YOU FROM MAKENZIE:

⏬  Download my free e-book 8 Steps to Master your Yoga Teaching to start standing out above the crowd.
💵Purchase the Pose Bible for $13 to design dynamic sequences in half the tie without the stress, overwhelm, or second guessing. 

OTHER RESOURCES MENTIONED BY THE GUEST:

Connect with Bree

@finacialyogi on IG


SUPPORT: 

Please subscribe, rate, and review to help us continue to deliver free, valuable content each and every week. Take a screenshot at the end of every episode, share to your stories, and tag @masteryouryogateaching. 

#MYYT #YTT #NamasteBlessed

yoga teachersyoga businessyoga teacher financesfinancial planning for yoga teachersretirement for yoga teachersbudgets for yoga teachersself employed yoga teachers
blog author image

MaKenzie Fly

MaKenzie Fly is the host of Master Your Yoga Teaching podcast. She is a yoga teacher mentor, helping others hone their skill and stand out above the crowd.

Back to Blog

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