SUMMARY
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Nafasi Ferrell is the Founder and CEO of Narratives Unbound, a consulting and education company that expands awareness of racial and economic systems. Nafasi is a community connector and events specialist focused on building bridges, healing, economic empowerment and closing the wealth gap.

Today, Jonathan and Nafasi dive deep into financial and generational trauma, the racial wealth gap and restorative practices for overcoming blockades to personal financial success. Nafasi speaks to the work she’s doing to help those in her community deal with trauma and personal finance and her idea of building a for-profit universal basic income program.

TAKEAWAYS
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01:11 – Jonathan introduces today’s guest, Nafasi Ferrell, who joins the show to talk about the connection between trauma and money
08:01 – The Racial Wealth Gap, explained
10:50 – Cultural and generational trauma
13:24 – How Nafasi has overcome trauma in her own life
17:51 – Overcoming limits that we put on ourselves
20:19 – Shame, scarcity, trauma, and personal finance
27:00 – Wealth redistribution
34:40 – How listeners can learn more about Nafasi’s for-profit universal basic income program
35:06 – One piece of financial advice to heed and one thing to absolutely ignore
37:48 – The last thing Nafasi changed her mind about and one thing that he would like people to know about her
39:33 – Jonathan thanks Nafasi for joining the show and let’s listeners know where to connect with her and learn more about Narratives Unbound

QUOTES
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“But it really was when my father died in 2018. His death shook me to my core around really the big questions of ‘What am I doing? What am I living for? What society is this? What is my future and who’s writing my future? Is it me?’ And I realized it wasn’t me.” (05:37)

“People ask, ‘Why is there a large racial wealth gap? Why do we have these issues?’ Well, we don’t understand how society is made. And, the society comes from us and the things that we build. It’s not just you get up and go to work. It’s that there’s a whole society that’s being built around your labor and your efforts just as well as everyone else in your community, whether that’s positive or negative.” (07:40)

“I think when we speak to cultural trauma, we’re really talking about generational trauma. It’s trauma that’s passed down through generations. We know that slavery was just outlawed legally in a few states in the United States today. We know that people of color are still experiencing physical slavery. So nothing has changed for many since the Declaration of Independence, since the Civil War, since the end of Jim Crow Laws. This idea that ‘the past is the past and today is today’ is really not true...” (11:26)

ABOUT MINDFUL MONEY
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Do you struggle with money? You’re not alone.
Money is a means, not an end. It’s a necessity of life for sure, but more money does not always guarantee a “good life”. Money enables many aspects of modern life, but as a dominant consideration it becomes destructive.
The paradox is that more time and energy spent on personal finance does NOT create better outcomes. Unlike many other parts of life, we can’t create better outcomes by being smarter, spending more time, or putting in more effort.
Join Mindful Money author and experienced 40-year investor Jonathan DeYoe as he shares stories from artists, authors, entrepreneurs, and other advisors about how they mindfully minimize their need to think about money and get more out of life.
If you aren’t happy with your finances, feel like money takes more time that it should, or want to place your financial decisions into the broader context of your life, this show is for you.
Each episode will draw the line between the “enough” activities that the academics tell us are additive to family outcomes, and those “little bit more” efforts that take time and sap energy, but do NOT improve outcomes.

GUEST RESOURCES
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Nafasi’s LinkedIn: https://www.linkedin.com/in/nafasi-ferrell-448aa991/
Narratives Unbound Website: https://www.narrativesunbound.net/
Narratives Unbound Instagram: https://www.instagram.com/narrativesunbound/
Narratives Unbound Facebook: https://www.facebook.com/narrativesunboundllc
Narratives Unbound LinkedIn: https://www.linkedin.com/company/narratives-unbound-llc/
SHEEO (Now Coralus) Website: https://coralus.world/
Nafasi’s Email: info@narrativesunbound.net

MINDFUL MONEY RESOURCES
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Jonathan’s Book – https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369
Website - https://mindful.money/
Jonathan DeYoe on LinkedIn - http://linkedin.com/in/jonathandeyoe
Mindful Money on Twitter - https://twitter.com/MindfulMoney_Ed
Mindful Money on Facebook - http://facebook.com/MindfulMoneyPlan
Mindful Money on Instagram - http://instagram.com/mindfulmoneyplan
Mindful Money on YouTube - https://www.youtube.com/c/MindfulMoney🎙️
Podcast Production by FullCast: https://fullcast.co/sn