I Blew Through an Inheritance—Here’s What I Learned

Tracy Latona

There’s a reason your bank account stays small, even when you’re making good money.

It’s not just lifestyle inflation or a broken budget.

Let me share a story I’ve held onto with guilt and shame—until now.

Because there’s someone who needs to hear why they aren’t making the progress they crave with their finances, and what I learned could be the reason– and that someone could be you.

When I was 28, I inherited a “large-to-me” sum after my bonus mom passed away. She loved me as her own, and her gift was significant.

My husband and I made thoughtful choices:
🔥 Paid off $8,000 to become debt-free
🔥 Fully funded our 6-month emergency fund, so we could buy a house sooner
🔥 Invested in Financial Coach Master Training, and I opened my coaching business

But then life happened:
🚗 We bought a new to us car after totaling mine.
🛍️ We spent the rest on odds and ends I can barely remember.

Until all that was left was $6.

I didn’t want this outcome, but here’s what I didn’t realize back then:

My capacity to receive and keep money was small.

It’s like having a cup that can only hold so much. Once it’s full, the money flows away—even to “good causes.”

This is why so many people feel like their money vanishes.

For me, it was fear and control. Scarcity had made money an idol, and I feared losing it. So, I did.

What I needed was to expand my capacity to receive by:
✅ Shifting to an abundance mindset, and be open to receiving from areas outside the budget
✅ Trusting God as my provider, not my bank account
✅ Creating habits that let me grow, steward, and enjoy money, instead of feeling like I had to hoard it, “Just in case.”

Now, my cup is bigger—and my bank account reflects it.

This is the same transformation I guide my clients through. They learn to shift their beliefs, manage their money confidently, and watch their net worth grow.

Imagine This:
You wake up in a paid-off home, with enough savings to replace your car in cash if you need to, and investments that grow while you sleep.

You no longer dread checking your bank account—in fact, you check it with joy, because it reflects your hard work and God’s blessings.

When your kids need something big, like tuition or braces, you don’t panic. You pull from their college fund or your well-planned budget, and it feels… easy.

You take your family on trips—yes, the spontaneous kind—and you savor the experiences without worrying about the cost when the credit card bill comes- because there are no credit cards and you paid in cash.

Giving generously is no longer a dream; it’s your lifestyle. You’re able to support your church, sponsor missions, and bless others with ease, knowing there’s plenty left for your family’s future.

You’ve broken the cycle of money stress, and the legacy you’re passing on to your kids is one of peace, wisdom, good money habits, and abundance.

This is what happens when you expand your capacity to receive.

Are you ready to grow your “cup” and finally experience confidence with your finances?

Book a Money Strategy Session and learn how to expand your capacity, steward God’s gifts wisely, and create a life of freedom and generosity.

Your legacy starts here.

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