What Project Runway Can Teach You About Money: Fashion, Finances and Fun

Home , Lifetime (TV network), Project Runway, Tim Gunn

Published in Beauty & The Bull Magazine

By Kathleen Burns Kingsbury, Wealth Psychology Expert and Author

Project Runway is an entertaining have on your money habits. Kathleen Burns fashion show on Lifetime As an avid viewer and a specialist Kingsbury is a wealth Television that has been on the in money psychology, I can’t help psychology expert, founder air for a decade. Catchphrases but see the financial messages of KBK Wealth Connection, and author of several books like “Make It Work” and “You’re embedded in Project Runway. Out” make this show fun viewing. including How to Give Financial Whether you realize it or not, Advice to Women and How to But did you know that Project the show is teaching you about Runway contains messages about Give Financial Advice to Couples. finance and fashion. Here are a She serves on the CNBC Digital money, called money scripts, few examples: that could impact how you invest Financial Advisor Council and is a sought-after industry keynote your hard earn money on clothes, You Can Look Good speaker on the topics of women shoes and (say it with me using on a Budget and wealth and advising Tim Gunn’s accent) accessories! Every week Tim Gunn gives the couples. Money scripts are thoughts, designers a limited budget to For more information, visit beliefs or attitudes toward spend at the fabric store. Often it kbkwealthconnection.com. money. These scripts are is $100 or less, which is surprising developed in childhood starting given the beautiful clothes they at age five and are influenced create. The money message: You high six figures do get support by many factors including your can look great and not break the and leverage their time and their family, religion, economic status bank. Set a budget before going talents. Don’t think earning and the culture you were raised to the store and then stick with more money or accumulating in. The reason they are called it. If they can do it on Project wealth equates to a ridiculous “money scripts” is because Runway, then you can do it too. schedule and high stress. When similar to how an actor reads a done right, wealth gives you the script and is instructed on how Success Comes at a freedom to focus on what you play a scene, a money script Personal Price love to do and what you are good dictates how you act in a financial The designers competing work at doing. You get to delegate the situation. Ultimately, these scripts day and night and are pushed to rest. impact your saving, spending, their breaking point. The money Sponsors Can Make giving, and investing on a daily message is loud and clear. If you Or Break You basis. The tricky part is money want the career of your dreams, scripts often reside in your then you need to work long hours During the first season of the unconscious mind; therefore, you and be constantly stressed out. show the infamous accessory do not recognize the impact they The truth is women who earn wall was sponsored by Banana

© Copyright 2014 Kathleen Burns Kingsbury. All rights reserved. Republic. Their name was professional, sponsorship means Project Runway, now in its 12th mentioned and their products finding a powerful person who season, remains a fun hour of were shown several times during believes in you and having them television. The next time you each broadcast. You can bet these introduce you to the right people. are flipping channels, tune in. sponsors paid really good money The end result is you get first dibs This time notice the cool fashion for the honor. The message on that new job with the corner creations but also tap into the is sponsorship is financially office. Yes, sponsorship in the money scripts and messages in important. If you are a business modern world, like it or not, can the program. You never know owner looking to grow a business make or break you. So take the what good stuff you might learn. or fund a new project, finding time to develop a list of potential likeminded companies to sponsor sponsors, then start letting them your work and help defray the know about your good work. costs can be the difference between profitability and being in the red. If you are a career