A Love Story With Money: Author brings emotional, spiritual side of money to Fargo audience

FARGO - Kate Northrup was $20,000 in debt, lackadaisical about her finances, and in a business partnership with her mom that made her feel uneasy and like a fraud.

FARGO - Kate Northrup was $20,000 in debt, lackadaisical about her finances, and in a business partnership with her mom that made her feel uneasy and like a fraud.

You could say she and money were on the outs.

Now Northrup, who has a multi-level marketing business and speaks and blogs about personal growth, has written a book. "Money: A Love Story" encourages women to delve in to the emotional and spiritual side of personal finance.

She speaks Saturday in Fargo.

Northrup's event is hosted by Laura Caroon, a Moorhead artist and entrepreneur and founder of Spark of Awesome retreat, which brings nationally known speakers to the region.


Caroon says she wanted to offer something smaller, during the day and in Fargo, and Northrup's approach to money was perfect for January, a time of resolutions.

"Something that really resonated with me is Kate's philosophy," Caroon says. "If you create financial freedom for yourself, you can be truly present for your purpose on the planet."

Northrup's book is filled with exercises that encourage the reader to get to the root of her feelings and habits surrounding money, as well as her true desires. It talks about self-worth, gratitude and expansiveness.

It's not a nuts-and-bolts money book. If you're looking for IRA, you're most likely to find it inside the word "inspiration."

Caroon says Northrup has helped her create awareness and open up to possibility.

"I'm hoping this will be a stepping stone for women, especially those who feel in a money rut," Caroon says. "Just give them an opportunity to shift their focus a little from what they've done in the past to what can we do, how we can have more abundant finances."

The Forum talked to Northrup about her unconventional approach to personal finance, and the money know-how women need.

FORUM: What inspired you to take this approach to a personal finance book?


NORTHRUP: It's really just who I am. I actually don't have a personal finance background, so I couldn't take any other approach.

My way is very from the inside out. It's very much about ... emotions and spiritual energy and the inner stuff that's going on. Ultimately I believe our behavior changes from changing our beliefs and our thoughts and emotions, not the other way around. If we want our reality to change, we have to look at our perspective, what are the driving forces behind what we're doing.

I wanted to bring the emotional side to the money conversation, whereas most people are trying to leave it out.

How would you describe your relationship with money now?

The reason I called the book "Money: A Love Story" is not because I'm advocating loving money necessarily, but it's really about loving what money can bring us in our lives, the choices and the freedom it offers us. And being able to also love ourselves as a way of increasing our self-value and increasing the amount of value that we're offering in the world.

My relationship with money is so much better than when I started out in business in my early 20s. Now I really understand money is just a tool; it's not something that has control over me.

I really understand what it is for and what it's not for. It's for creating change, it's for creating experiences, but it's not for filling emotional gaps, where we're feeling empty or where we're not enough. No amount of money is going to actually help us fill those holes.

What messages from the book have women said resonate most with them?


I've been hearing that the piece about seeing money as a value for value exchange, as opposed to this outside entity that we have no control over, has been really empowering. And also, seeing money as a tool for self-love. Seeing being able to improve our personal finances as a means of self-care and self-love.

What are some of the biggest money mistakes women tend to make?

I see women especially just kind of handing their financial power away to somebody else, whether it's a husband, a boyfriend, a job, a financial professional, a parent. It's just so common.

Never fully growing up around our money is something we as women do a lot, because we still have that belief hangover ... that women aren't as capable financially as men. Because the reality is we've only been valued for more than our ability to make babies for like the last 80 years or so, which, in the grand scheme of time, is such a drop in a bucket.

How do we reclaim our financial power?

The first thing is just starting to pay attention. Getting all your ducks in a row, knowing what accounts you have. Getting your credit score checked. Knowing what you owe on your credit card. Knowing, if you have any investments, what are you invested in? Knowing how much you spend, how much you make.

Knowing those numbers is incredibly clarifying and powerful. When you know where you're starting from, then you can start to move toward your financial dream life.

What message do you hope to bring to your Fargo audience?

We have everything in us to be financially empowered. We are enough.

When we wire in the knowledge, the true knowing we are enough, then our financial picture begins to fall into place. But it can't come from a place of trying to patch ourselves up, fix something that we think is wrong with us, trying to fill an emotional void. It has to come from a place of wholeness first.

All the financial tips and tricks are great, but if they are not being layered on top of a feeling of wholeness, they don't really stick.

Readers can reach Forum reporter

Sherri Richards at (701) 241-5556

If you go

What: "Money: A Love Story" with Kate Northrup

When: 9 a.m. to noon Saturday

Where: Radisson Hotel, Fargo

Info: General admission tickets are $79 and available at Sales end Wednesday.


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