Reframing Money: From Scarcity to Abundance with Rhea Wong
Why do so many of us feel stuck when it comes to money—especially in mission-driven work? In this episode, nonprofit leadership coach Rhea Wong breaks down the hidden narratives we carry about wealth, value, and hustle culture, especially as women, people of color, and children of immigrants.
Rhea and Payal dive deep into how our upbringing shapes our money stories, why nonprofit professionals are often conditioned to accept scarcity, and how to build both abundance and impact without selling out. They also share powerful reframes on manifestation, work ethic, and what it really takes to ask for (and receive) more.
Whether you're running a nonprofit, leading a social enterprise, or simply trying to reset your relationship with money, this episode is a must-listen. Like what you hear? Make sure to leave a review and show your support for the podcast.
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In This Episode:
00:00 Introduction
01:07 Meet Rhea Wong: Nonprofit Fundraiser Extraordinaire
02:46 Personal Money Scarcity and Overcoming It
03:08 Intersectionality and Money: A Woman of Color's Perspective
04:06 Family Influence: Immigrant Mentality and Money
06:01 Philanthropy and Fundraising: A Career Path
09:57 The Reality of Work and Success
14:44 Nonprofit Sector: Financial Struggles and Misconceptions
18:51 Redefining Money: Freedom and Optionality
24:12 Adapting to Change: The Key to Success
27:32 Social Media and Mental Clarity
29:39 The Impact of Technology on Human Interaction
30:56 The Addiction to Instant Gratification
34:52 Family Influence on Money Perception
36:48 Tying Self-Worth to Financial Success
39:28 Overcoming Scarcity Mindset in Business
45:33 Challenges in the Nonprofit Sector
53:57 The Future of Fundraising
This Podcast is Produced by MicMoguls.com