Becoming a Millionaire Series: Our Millionaire Story

Ep. 121 – Julia Carlson (Part 1)

[00:00:00] Jamie: So happy to be on the podcast in this series with the amazing Julia Carlson. These episodes are going to be packed with so much value, hopefully so many perspective shifts and openings for you. I’m so excited that you are listening because. Our intention for this series is to help you step into the identity of someone who could become a millionaire.

[00:00:31] We wanna plant that seed of possibility. So what’s super fun is that Julia and I have a mastermind coming up. This is an offer that we put together. It feels. So soul aligned for both of us. And I wanna talk about how that came together a little bit first. And then in this episode, I thought we could talk about our millionaire stories and you know, our journey to becoming a millionaire.

[00:01:00] And what we wanna do is we wanna just be really real, authentic, vulnerable, and share the true behind the scenes with you of. The journey to becoming that. So first I wanna talk a little bit about how the Mastermind came together, and then we’re gonna talk about our. Uh, our journeys. So this is so wild. So Julia and I met at a, um, actually at a retreat.

[00:01:24] We were in a mastermind together, the How to Be, how to Be Famous Mastermind with Whitney Eland. And we were both excited to just create more impact in the world. And so we were doing that work together. We met at a retreat in Cabo through the Mastermind, both. Obviously obsessed with the work of money, the inner work, the strategy, we vibed on it and you know, the mastermind ended months went by, we kind of connected through Instagram and I just kept having this vision that kept coming up and it wouldn’t stop bothering me.

[00:01:59] That was like Jamie do a mastermind with Julia. And I know, and at first I was like. Oh, I don’t know. She’s so busy. She has an eight figure company. She’s got a book launch. I don’t know. You know, our brain does that. But that vision wouldn’t stop. Like it just, not only working with you and collaborating with you is the vision, but also like what we could bring to the world and what we could bring to women.

[00:02:26] So anyways, it was amazing. And I’m curious for you, when you first heard about the idea, what was your thought?

[00:02:32] Julia: I was like, oh my goodness. Yes, because I, I feel like the, the, the teachings, the energy, what you bring is so different than my gifts. I, I see so many women get hung up on the energetics of money and the money story, and like even thinking about seven figures and eight figures, and how do we normalize that?

[00:02:55] And I feel like sometimes I, I don’t have the right tools in my toolkit to help them always. And. That’s exactly where the perspective you come in and, and bring that, um, energy and that alignment and that leveling up. And so, yes, it was funny ’cause I, I’m such a quick start. I was like, yes, I

[00:03:14] Jamie: I love it. I was like, yay. My whole team was like, yay. We were all so excited when you said yes, because vice versa, right? You bring so many, so much amazing experience, years of experience, of creating wealth, multiplying wealth, you know how to actually scale a business, not only to seven figures, but up to eight figures, and you’ve helped.

[00:03:36] So many businesses do that. So you know how to get in there and lock in some of the strategy, whereas my specialty is the energetics. So I’m so excited for the magic that we’re gonna create together. It’s gonna be so much fun.

[00:03:49] Julia: I

[00:03:49] Jamie: Um, okay, so I thought it’d be just fun to talk about our stories. ’cause I don’t know, I mean, I know what you do and everything, but I’ve never heard your millionaire story and I want to hear a little bit more about, you know, what got you going.

[00:04:04] Um, you know, just. In the work that you do in the world, what called you towards it? Not only in helping people, but also maybe on a personal level, like did you always know you wanted to become a millionaire? Did you always know you wanted to have wealth or was it something that I, I’m just curious.

[00:04:24] Julia: Yeah. You know, when I look back in my childhood, I was very entrepreneurial spirited. Like I remember having a babysitting club and between me and my friends, we would babysit and I’d like the concept of making money was. Super fun to me.

[00:04:40] Jamie: Yes.

[00:04:41] Julia: We had

[00:04:41] Jamie: I had a babysitting business too. That’s hilarious. I didn’t like kids, but I liked money.

[00:04:46] Julia: totally, yes. We had like lemonade stands, we mowed lawns. I remember

[00:04:53] Jamie: yeah.

[00:04:54] Julia: uh, we, we flew a lot. My dad was a pilot and we

[00:04:57] Jamie: My dad was a pilot too. Yes.

[00:05:01] Julia: Wow. So maybe you have this memory. We were at, um, Minneapolis, MSP for a

[00:05:07] Jamie: Yep.

[00:05:08] Julia: and we would have to, we’d fly standby. So it was like long waits. My brother and I would go out and we would go collect the carts, the luggage carts, and return them because we’d make 25 cents for every cart we would

[00:05:19] Jamie: Oh my gosh.

[00:05:20] Julia: we like tore it up.

[00:05:23] Jamie: Genius. Genius. That’s awesome. So you had that entrepreneurial spirit from a you, I mean, a young age, obviously.

[00:05:33] Julia: young age. And then, you know, I remember in high school I took a business, um, class and

[00:05:38] Jamie: I.

[00:05:38] Julia: teacher, he was great and he actually taught us about stocks. We did like a mock portfolio. And I remember being super interested in that and I brought that information home. And my dad, um, my dad, both, both my mom and dad, like were, were. It savvy enough to be able to understand stocks and had a healthy money story. It’s not like, you know, we were wealthy, but it was like they understood it and probably because my grandfather invested in stocks and. He was a teacher, but just

[00:06:09] Jamie: Yeah.

[00:06:10] Julia: was like under, understood enough to like start investing and, and little by little they built wealth.

[00:06:17] And so that was passed on to me. And so when I started my first job at McDonald’s, like my first paycheck job, uh, my dad set me down and Hey, you have to start investing. And, and I started my very first mutual fund.

[00:06:32] Jamie: Oh my gosh.

[00:06:33] Julia: probably invested every month since then. It’s like it just

[00:06:36] Jamie: Wow.

[00:06:37] Julia: habit in me, so

[00:06:40] Jamie: that consistency. That’s amazing. And what was it that made you want to, because I know you have a huge passion and heart for helping women do it, and female entrepreneurs, and I know your perspective is unique from a lot of the very masculine, super structured, very much like.

[00:07:03] Julia: Yeah.

[00:07:04] Jamie: no debt and budget and restrict, and I know you have like your own unique perspective of that.

[00:07:10] How was that developed? And I’m just curious, where does that passion come from for helping women do it?

[00:07:18] Julia: Yeah, so I, so after I, um, graduated high school, I actually met my husband that summer and, um, so I was 18 and then

[00:07:26] Jamie: I,

[00:07:27] Julia: got married at 19 and I moved for, to a very small town on the Oregon

[00:07:31] Jamie: yeah.

[00:07:32] Julia: And started working for a bank. And, um, in the, in the bank they had an investment department. And I’m like, oh, okay.

[00:07:39] I wanna learn how to do that. So, um, you know, so I worked at the bank for four years and during our first four years of marriage, it was really tough. Like you,

[00:07:50] Jamie: Yeah,

[00:07:51] Julia: hard to get married at 19 and, and navigate all of that

[00:07:54] Jamie: I can imagine. Yeah, totally.

[00:07:58] Julia: and at the time my husband, um, was older than me, more established in his career.

[00:08:03] And so like I hugely depended on him, uh, for money, frankly. And so, you know, I think at a time where. I was trying to figure out my personal life. There was an opportunity to excel in investments in personal finance, and I just really leaned into that and gravitated towards that because I wanted to be financially independent.

[00:08:28] I, I wanted that sense of I could make my own money and, and make a life for myself if. You know, our relationship ended, which thankfully it didn’t. We’re gonna

[00:08:39] Jamie: Yeah.

[00:08:40] Julia: years, uh, this

[00:08:41] Jamie: Oh my God. Congratulations. Incredible.

[00:08:46] Julia: but that desire to feel

[00:08:48] Jamie: Yeah.

[00:08:49] Julia: I couldn’t make decisions because I wasn’t financially set. Um, you know, I’ll never, I’ll never forget that.

[00:08:55] And that, translated into wanting that for others. And

[00:09:00] Jamie: Yeah.

[00:09:01] Julia: that, that’s where like I have this teaching spirit in me because I want, I want other women to be financially free and financially independent. I’ve done that over my career and helped many others do that, and, um, I just have a huge passion for, for, for doing that.

[00:09:22] Jamie: Yeah. That is so beautiful. And as you did that work and really decided that you wanted to become financially independent and decided to dive in and learn that skill, um, did you, did you see ways in which I improved your relationship, shifted your relationship? Like did things change once?

[00:09:45] Julia: it was interesting because when I, um, when I got married, my husband’s sister was doing my, doing his money, so.

[00:09:53] Jamie: Okay. It wasn’t him.

[00:09:56] Julia: It wasn’t

[00:09:57] Jamie: Yep. Yeah.

[00:09:58] Julia: managing our money.

[00:10:00] Jamie: Mm.

[00:10:00] Julia: but again, it was, even though I could see the money, I, I, you know, I saw the, I saw it where it, it was, I was managing his money. So weird, right? ’cause we’re

[00:10:10] Jamie: Yeah.

[00:10:11] Julia: and I, I think over time. You know, we, we, we navigated that marriage. We went to counseling.

[00:10:18] We, we worked through it all. And then, you know, as soon as we could kind of like, come together and set financial goals together, and, and I, I could, I am like contributing significantly to the, to the, um, to the family, you know, wealth or the family money if you will. But it was, it was. Like, we really got on the same page and we started tracking our money together and

[00:10:43] Jamie: Yeah.

[00:10:44] Julia: and, you know, whether we bought real estate or,

[00:10:47] Jamie: Yeah.

[00:10:48] Julia: other investments.

[00:10:49] So it was interesting. I, I, I bet I could go back. I, we started tracking our money. I think it was around 2005,

[00:10:57] Jamie: Mm-hmm.

[00:10:58] Julia: and I bet I could tell you the year that maybe I’ll come back in EPIs in the next episode to tell you the

[00:11:03] Jamie: Yep.

[00:11:04] Julia: we became millionaires and. Then now into eight figure net worth. It’s like

[00:11:10] Jamie: Yep.

[00:11:11] Julia: compounds.

[00:11:12] And

[00:11:12] Jamie: Yeah.

[00:11:13] Julia: you pay attention to, Magno magnifies and, and it’s like you put your energy there and your attention and it’s only gonna grow. And

[00:11:23] Jamie: Yeah.

[00:11:23] Julia: know, I think that’s probably gonna be a huge piece of what our work together that we do in this mastermind is helping set up the infrastructure of how do you go to a millionaire status.

[00:11:34] Jamie: Yes, a hundred percent. A hundred percent. What do you wish people knew now that you’ve gone on that journey and become financially independent and financially free and? You see this not as a, you know, you’ve stepped into wealth as a way of connection and building strength and goals together as a relationship, right?

[00:11:57] Like, what do you wish other people knew who are maybe struggling with that?

[00:12:02] Julia: Yeah, I, I think it money, money is sometimes taboo, like to talk about it and sometimes it’s like they don’t have the tools or the resources to under like the facilitation piece of it

[00:12:14] Jamie: Totally.

[00:12:14] Julia: it. I think it’s like super. Like we have to normalize talking about money.

[00:12:21] Jamie: Yeah.

[00:12:21] Julia: funny because I’ll, I’ll ask people like, Hey, what do you earn?

[00:12:24] And, and

[00:12:25] Jamie: Yeah.

[00:12:25] Julia: deal because

[00:12:27] Jamie: Same.

[00:12:28] Julia: They’re like, they kind look at me like, that’s a, that’s a deep question. Why are you asking

[00:12:32] Jamie: know I’m the same way. It’s so normalized for me and in the work that I do, I talk about it all and I’m like, oh yeah, this is what I’m paying and this and the rent and that. People are just like, you’re just sharing all that. I’m like, oh, it’s just normal. Like I just talk about money. It’s not weird, you know?

[00:12:47] It’s an everyday topic. I love it.

[00:12:49] Julia: And as, as you grow, like especially in in business, it’s like you, you have to normalize these bigger amounts

[00:12:56] Jamie: Yeah.

[00:12:57] Julia: you grow your business, as you grow your income. And, and the more, again, the more you pay attention to it and the more it’s like. You, it’s, it’s not like an angst energy in your body. It’s like

[00:13:09] Jamie: Yeah.

[00:13:10] Julia: It’s like

[00:13:11] Jamie: Yeah,

[00:13:11] Julia: oh, this is what I get to do. Like every quarter we still track every quarter our, um, net statement. And it’s like,

[00:13:18] Jamie: yeah,

[00:13:19] Julia: fun. It’s,

[00:13:20] Jamie: yeah.

[00:13:20] Julia: it’s like, oh, like what progress did we make? Or what do we wanna, what

[00:13:24] Jamie: Yeah.

[00:13:25] Julia: now? And so it’s really an, it’s a connection builder, like you said.

[00:13:30] I

[00:13:30] Jamie: Yeah, and I’m so excited for you to bring that process to the Mastermind. I know you are gonna share your process for setting those 90 day goals, and I’m so excited not only to have everyone who’s coming and learn it, but I’m excited to learn your process myself. It’s gonna be amazing. So, yeah.

[00:13:48] Julia: Yeah.

[00:13:49] Jamie: yeah.

[00:13:50] Amazing. It’s fascinating because my story, it’s funny how many things we have in common too. Like we started to babysit our business. We both started working really young, loved making money. My dad was a pilot too.

[00:14:02] Julia: That’s.

[00:14:03] Jamie: That’s wild. But my story’s actually like almost the opposite, um, in terms of my, I guess we’ll call it Millionaire Story or my story of stepping into Wealth because.

[00:14:16] I grew up seeing, so first of all, I didn’t learn anything about money other than avoiding it. Like being a credit card debt, you know, just, it was always a, um, a topic of kind of just stress, you know, and, uh, a lot of avoidance. And I, that’s what I saw growing up. And of course, like my parents were never taught either.

[00:14:39] Um, so that’s why, you know, we, we didn’t, we didn’t learn it. Um, and so I, I didn’t know anything about how to take care of money. I don’t know. Anything about investing or any of that. Um, but what I did see was growing up and, um, I’ve shared this story before, but what I saw was like. Back in the day, my mom did not quite believe in herself and her ability to make money.

[00:15:05] So she always thought, well, I have to have a man to do it, or I have to be married. And unfortunately that caused some like toxic relationships. And so I saw so much turmoil because of that. And the story was always, well, we have to put up with this, otherwise we’re gonna be homeless. Well, we have to put up with this as a family, otherwise we’re gonna be on the streets.

[00:15:25] Right? And so. Like that was the story that was ingrained in me. And sometimes, right as kids, we take these things on as, oh, I guess this is how I’m gonna be. But other times we take it on and we create this agreement with ourselves of that’s never how I’m gonna be. And that’s what I did. I remember being like, that’s never gonna be me.

[00:15:47] I’m gonna be an independent woman. I’m never gonna rely on a man. I’m gonna be a millionaire. Right? But it was like this harsh, like absolutely not right.

[00:15:56] Julia: Yeah.

[00:15:56] Jamie: But the problem was I didn’t know how to make money because that was never mirrored. I didn’t know, you know, how to believe in myself. ’cause that also wasn’t mirrored.

[00:16:05] So growing up I thought I just had to work really hard. So, of course I had the babysitter business. I worked at a produce stand. I had all these jobs all the time. All through my twenties, even whenever I started my first makeup business, I worked around the clock. I remember when I first met my husband when I was 24 years old, had just moved out to la.

[00:16:27] I was about one year into LA and I told him, I’m so. Sorry, I can go on dates with you around 10:00 PM sometimes midnight, because I work three jobs. He was like down, luckily he was a music producer and they work really late. Those were like his hours. So he is like, oh yeah, I stay up, down. It’s cool. Like let’s go on dates in the middle of the night.

[00:16:48] So, you know, I worked a ton. I worked my butt off and I always thought, well, if I just work more, if I work harder. But of course that is so exhausting and it’s not true. Like I was. Still always just getting by and always stuck. If my car broke down, I was like, okay, well guess I’m eating, you know, Greek yogurt for the next, every single meal, you know, and it was very, very stressful.

[00:17:14] Um, but I had moved out to LA where I. Saw a lot of wealth and I saw a lot of like, it was a shift. It was a difference. And I was really curious how do people do this? And as me and my husband’s relationship grew, he also was a beautiful mirror ’cause he had a great re a great relationship with abundance and with money and.

[00:17:35] I wanted to shift careers and become a coach, and he wanted to support me in that, but I had the no way. I’m not gonna be helped. I’m, you know, an independent woman. I’m paying half of everything, you know, but the problem was, it was so harsh. My opportunity was actually in a safe environment where, you know, I felt very safe with my husband to learn how to receive first.

[00:18:00] That was like step one, was to learn like, Jamie, you don’t have to do it all alone. You don’t have to prove anything. You don’t have to prove that you can be the one making a million dollars on your own. So I really had to open up to this idea of like, it’s. Safe to receive. It’s safe to receive help. He can support me on this journey of becoming an entrepreneur, and that opened up so much for me.

[00:18:25] Actually, it was wild because when I started opening up to like, okay, maybe I can attract money with ease, maybe it’s safe to let money in with Eve ease, maybe I don’t have to prove it. It was wild because as I allowed him to kind of come in and support me partially. I also like, that’s when like my business started growing more and I had this space to do the inner work around money and I could actually put the time in to start creating my business.

[00:18:55] And I did a lot of inner work on money and I did start making more, you know, a lot more money after that. But, um, yeah, it was so fascinating how like, it, it was such, I had a receiving block for sure. Luckily that was an opportunity to kind of unlock it, and since then it’s been kind of a co-creation. So it’s been really fun.

[00:19:16] And similar to you and your husband, I see it as like a partnership. We, we love to like, you know, look at our net worth and the different channels. We can create wealth and I see my business as one channel. I see real estate as one channel. I see investing as one channel, and I’ve kind of opened up to receiving.

[00:19:33] It’s like I don’t have to prove it from one. Channel or the other, like, this is gets to be fun and I get to multiply money in so many different ways and add value to the world in the ways that I want to. Um, so that was, yeah, it was interesting.

[00:19:48] Julia: I love that. That’s such a, I mean, so much self-awareness in that, which is amazing and I feel like the connection, um. It, it was interesting because when I started, I, I left the bank actually at 23 and started my own wealth management business

[00:20:04] Jamie: Yeah.

[00:20:05] Julia: for probably a good 10 years. I was in that prove it like,

[00:20:11] Jamie: Yeah.

[00:20:12] Julia: and I was like, I’m gonna make it.

[00:20:14] I’m gonna be successful. Like, watch me prove it, attitude.

[00:20:18] Jamie: Yeah,

[00:20:19] Julia: had to shift too into that receiving so

[00:20:22] Jamie: yeah.

[00:20:23] Julia: later

[00:20:24] Jamie: Yep.

[00:20:25] Julia: at, at the end of myself, at the end of exhaustion where I was the bottleneck in my business. It was like I just had to surrender. Receive, like bring

[00:20:35] Jamie: Yeah.

[00:20:35] Julia: along in the journey to, to help and, and knowing that, that, that was okay.

[00:20:40] But gosh, it’s such a hard pivot in that moment.

[00:20:45] Jamie: Yeah.

[00:20:46] Julia: Yeah.

[00:20:46] Jamie: a hundred percent. And I, I think it takes a little, like, not a little bit of both, but it’s like, it, it takes kind of knowing where you need when, right? Because sometimes it is a little bit more of that push, or not push, but a little bit more of that like. Um, you know, that fiery energy to go and then other times it is about stepping back and receiving and we kind of, that’s like the work that we talk about all the time is we need both the masculine and the feminine and just to know when is necessary for what.

[00:21:18] Julia: Yeah. I love

[00:21:19] Jamie: So yeah, totally. I love it. So good. So, okay, let’s, let me think real quick. We can cut this part out, but. What do we wanna wrap up with here? Um,

[00:21:36] Julia: we wanna talk more about the the mastermind or the hope for the women in the Mastermind?

[00:21:41] Jamie: let’s do that. Yep. Awesome. Okay, so this is the Becoming a Millionaire Series, and so let’s talk about, we’ve shared our stories. Let’s talk a little bit about. What it is we hope for you that is listening and those that are gonna be coming into the Becoming a Millionaire Mastermind, what would you say your hope is for them?

[00:22:10] Julia: I, I feel like the, like to me, I, I love to activate people. I love for them to see potential and to. See, maybe something that they weren’t able to see from their vantage point, but I think coming in and like, you know, looking at the, the holistic view of their life, of their business, and it’s oftentimes just like a teeny tipping point, a teeny tweak that can really like un uh, unveil this whole new level in, in entrepreneurs. And so that’s what I’m excited about to, is like. To, to really activate and inspire them. Because what I’ve learned is people out there love to complicate becoming a millionaire.

[00:22:51] Jamie: Mm-hmm. Mm-hmm.

[00:22:52] Julia: you know, thinking that there’s all these other responsibilities and, and you have to be, um, you know, sophisticated and savvy and, and you don’t, like everybody can become a millionaire.

[00:23:02] You just

[00:23:02] Jamie: Yes.

[00:23:03] Julia: and make it happen. So I’m

[00:23:05] Jamie: Yes,

[00:23:06] Julia: talk about that.

[00:23:08] Jamie: I couldn’t agree more. What I’m excited about is showing people that. They can do it while being in full alignment with their soul values. And really it’s like you said, it’s not about necessarily doing more or adding more, but sometimes it’s just about tuning in and starting to trust yourself.

[00:23:32] Starting to trust yourself with money, starting to trust your intuition, starting to listen to your soul calling and see that you can actually. Make the kind of wealth that you want while living in alignment with the lifestyle that you want, right? It doesn’t mean that you have to sacrifice something that’s very important to you.

[00:23:52] You really can do this while living in alignment with your sole purpose and with your values. And I’m actually excited for people to see, like I have this vision of they’re gonna be like, I didn’t realize it was gonna be this. What? Like, how is this happening? Why is this all like. Is, I didn’t think it would be, I don’t wanna say this easy, of course, because it’s a becoming journey, but I think it’s easier than people make it out to be.

[00:24:18] Julia: I think so

[00:24:18] Jamie: And especially when you have support

[00:24:20] Julia: Yeah. Yeah.

[00:24:21] Jamie: and of course the ripple effect of like what that’s also, you know, as they step into that, um, what that’s gonna do for generations to come in terms of them reprogramming their relationship with money and learning these skills that they’re gonna be able to teach to their loved ones and kids if they have kids or, you know, passing it on.

[00:24:42] Um, it’s huge. It’s not just about the six months it’s gonna be. Far beyond that stuff that they can take into their entire lives. So I love that.

[00:24:51] Julia: Yeah.

[00:24:52] Jamie: Yeah. Awesome. Yeah. All right. Well we are gonna do part two next week and we are going to debunk some millionaire myths that both of us have seen many, many times within people.

[00:25:05] Probably myths that we carried ourselves at one point, but we’re gonna be debunking ’em. So make sure to tune in next week for part two.

[00:25:14] ​