1 00:00:00,120 --> 00:00:04,000 Speaker 1: You're not bad with money, you were just never taught 2 00:00:04,040 --> 00:00:07,240 Speaker 1: how to use it. You were taught how to earn it, 3 00:00:08,200 --> 00:00:11,119 Speaker 1: not how to grow it. You were taught how to 4 00:00:11,160 --> 00:00:15,480 Speaker 1: spend it, but not how to invest it. You were 5 00:00:15,520 --> 00:00:19,000 Speaker 1: taught to chase it, not how to make it work 6 00:00:19,079 --> 00:00:24,480 Speaker 1: for you. You weren't taught about investing, only about surviving. 7 00:00:25,200 --> 00:00:28,600 Speaker 1: And it's not your fault. You didn't know, but it's 8 00:00:28,600 --> 00:00:32,360 Speaker 1: your power to learn now. The number one health and 9 00:00:32,400 --> 00:00:40,760 Speaker 1: wellness podcast, Jay Setty Jay Shetty shet Hey, everyone, welcome 10 00:00:40,800 --> 00:00:43,960 Speaker 1: back to On Purpose. I'm Jay Shetty, and I'm so 11 00:00:44,400 --> 00:00:47,760 Speaker 1: deeply grateful that you tuned in. I hope that you've 12 00:00:47,760 --> 00:00:51,120 Speaker 1: subscribed so that you never miss an episode, and make 13 00:00:51,159 --> 00:00:54,240 Speaker 1: sure you keep tagging me on Instagram and TikTok and 14 00:00:54,320 --> 00:00:57,040 Speaker 1: all your platforms. I love seeing the clips and the 15 00:00:57,080 --> 00:00:59,720 Speaker 1: parts that resonate with you, and I love the community 16 00:00:59,760 --> 00:01:03,920 Speaker 1: we're building now. Today's episode is about something that I 17 00:01:04,000 --> 00:01:08,520 Speaker 1: believe is so important. It's everything I wish I knew 18 00:01:08,560 --> 00:01:13,400 Speaker 1: about money in my twenties. Now, whether you're in your twenties, thirties, forties, 19 00:01:13,520 --> 00:01:17,640 Speaker 1: or fifties, this episode still applies because I believe that 20 00:01:17,760 --> 00:01:22,399 Speaker 1: financial literacy is something we all learn far too late. 21 00:01:23,000 --> 00:01:25,839 Speaker 1: It's something that some of us never learn at all. 22 00:01:26,319 --> 00:01:30,080 Speaker 1: I'm sure you've had some challenges with this, whether it's 23 00:01:30,120 --> 00:01:33,720 Speaker 1: being credit card payments, whether it's been debt, whether it's 24 00:01:33,760 --> 00:01:37,360 Speaker 1: been understanding how to make money or grow money, whether 25 00:01:37,400 --> 00:01:40,080 Speaker 1: it's understanding do I need a side hustle, how many 26 00:01:40,080 --> 00:01:43,000 Speaker 1: streams of income do I have? Do I really know 27 00:01:43,600 --> 00:01:46,240 Speaker 1: where I'm spending my money? Do I know where I'm 28 00:01:46,240 --> 00:01:49,680 Speaker 1: wasting my money? And chances are, if you've turned up here, 29 00:01:50,240 --> 00:01:54,680 Speaker 1: there's a part of you that's also avoided money. I'm 30 00:01:54,720 --> 00:01:56,760 Speaker 1: guessing there's a part of you that doesn't like looking 31 00:01:56,840 --> 00:01:59,160 Speaker 1: at your bank statement. There's a part of you that 32 00:01:59,200 --> 00:02:01,600 Speaker 1: maybe wants to put it away. There's a part of 33 00:02:01,640 --> 00:02:04,880 Speaker 1: you that doesn't check how much you've saved because you're scared. 34 00:02:05,360 --> 00:02:08,400 Speaker 1: You're scared to look at the number. It's hard to face. 35 00:02:09,360 --> 00:02:11,000 Speaker 1: And here's what I want to start by telling you 36 00:02:11,800 --> 00:02:15,280 Speaker 1: it's not your fault. You never taught how to do it. 37 00:02:15,280 --> 00:02:17,080 Speaker 1: It's not something you should know how to do. I 38 00:02:17,080 --> 00:02:19,320 Speaker 1: think we all feel like we grow up and all 39 00:02:19,360 --> 00:02:22,200 Speaker 1: of a sudden, we're paying rent, we're paying taxes, We've 40 00:02:22,200 --> 00:02:23,880 Speaker 1: got to figure out what a mortgage is. We have 41 00:02:23,919 --> 00:02:27,720 Speaker 1: no idea how that works. Everything has interest, and all 42 00:02:27,720 --> 00:02:29,080 Speaker 1: of a sudden you grow up and you go, well, 43 00:02:29,080 --> 00:02:30,760 Speaker 1: wait a minute, No one taught me this in school. 44 00:02:31,160 --> 00:02:34,240 Speaker 1: Even if you studied economics at school, you didn't know 45 00:02:34,280 --> 00:02:38,400 Speaker 1: how real world economy worked. Even if you studied finance 46 00:02:38,440 --> 00:02:42,320 Speaker 1: at university, you didn't necessarily know how to start and 47 00:02:42,400 --> 00:02:45,520 Speaker 1: run a business. It doesn't work that way. So I 48 00:02:45,520 --> 00:02:47,760 Speaker 1: want you to take the pressure off, and I want 49 00:02:47,760 --> 00:02:51,560 Speaker 1: this to be the start of you changing your money mindset. 50 00:02:52,240 --> 00:02:55,440 Speaker 1: I want this to be the beginning of transforming your 51 00:02:55,520 --> 00:02:59,480 Speaker 1: relationship with money. I think that's the main thing I 52 00:02:59,520 --> 00:03:03,480 Speaker 1: want to focus on here. Currently, you have an avoidant 53 00:03:03,760 --> 00:03:08,080 Speaker 1: relationship with money. There are three types of attachment styles 54 00:03:08,080 --> 00:03:13,760 Speaker 1: in love, secure, anxious, and avoidant, and I believe that 55 00:03:13,919 --> 00:03:19,040 Speaker 1: those three attachment styles are also our attachment styles with money. 56 00:03:19,200 --> 00:03:22,560 Speaker 1: We either feel secure talking about money and what it is, 57 00:03:23,200 --> 00:03:25,880 Speaker 1: We feel anxious talking about money and how mhich we make, 58 00:03:25,960 --> 00:03:30,440 Speaker 1: save and spend, or we avoid it all together. Which 59 00:03:30,440 --> 00:03:33,240 Speaker 1: one are you? If I asked you right now, do 60 00:03:33,280 --> 00:03:37,400 Speaker 1: you feel secure talking about money? Listening about money, looking 61 00:03:37,400 --> 00:03:40,360 Speaker 1: at your bank statements, looking at your budgeting and saving. 62 00:03:41,080 --> 00:03:43,960 Speaker 1: Do you feel anxious so you might do those things, 63 00:03:43,960 --> 00:03:47,120 Speaker 1: But actually there's this underlying anxiety. I don't have enough. 64 00:03:47,200 --> 00:03:49,360 Speaker 1: I'm not gonna have enough. I don't like all of this. 65 00:03:49,360 --> 00:03:52,640 Speaker 1: This is stressful. And then there's avoidance. I don't look 66 00:03:52,680 --> 00:03:55,760 Speaker 1: at it at all. I have no idea. We want 67 00:03:55,840 --> 00:03:59,720 Speaker 1: to transform our relationship with money to be secure. I'm 68 00:03:59,720 --> 00:04:02,000 Speaker 1: not saying we have to be overly confident. I'm not 69 00:04:02,040 --> 00:04:04,640 Speaker 1: saying you have to become a millionaire. I'm not saying 70 00:04:04,720 --> 00:04:07,720 Speaker 1: that you've got to have an abundance mindset. I just 71 00:04:07,720 --> 00:04:10,800 Speaker 1: want you to feel safe and secure talking about money, 72 00:04:11,000 --> 00:04:14,720 Speaker 1: hearing about money, and learning about money. We've all been 73 00:04:14,760 --> 00:04:18,920 Speaker 1: taught this myth. I'm sure you've heard it before. Money 74 00:04:19,440 --> 00:04:22,560 Speaker 1: is the root of all evil. You know what's really 75 00:04:22,600 --> 00:04:27,120 Speaker 1: interesting about that when you actually check the actual reference. 76 00:04:28,120 --> 00:04:32,880 Speaker 1: The actual quote is the love of money is the 77 00:04:33,000 --> 00:04:37,320 Speaker 1: root of all evil. Notice how different that is. It's 78 00:04:37,360 --> 00:04:40,680 Speaker 1: not that money is the root of all evil. It's 79 00:04:40,720 --> 00:04:43,680 Speaker 1: the love of money that's the root of all evil. 80 00:04:43,920 --> 00:04:48,120 Speaker 1: It's the obsession, it's the last it's the greed after 81 00:04:48,240 --> 00:04:51,359 Speaker 1: it that's the root of all evil. But money itself 82 00:04:51,440 --> 00:04:58,080 Speaker 1: is energy. Money is a resource. Money is a universal power. 83 00:04:59,160 --> 00:05:02,599 Speaker 1: Money's a currence. But when we get lost in this 84 00:05:02,680 --> 00:05:06,120 Speaker 1: belief that it's bad, it's negative, our relationship with it 85 00:05:06,200 --> 00:05:10,279 Speaker 1: becomes anxious and avoidant. When we feel it's unhealthy, we're 86 00:05:10,279 --> 00:05:13,479 Speaker 1: not being told to not master our money, which is 87 00:05:13,520 --> 00:05:15,279 Speaker 1: being told not to fall in love with it and 88 00:05:15,320 --> 00:05:17,840 Speaker 1: think it's the be all and end all of everything. 89 00:05:18,400 --> 00:05:23,320 Speaker 1: That's the beginning of transforming our relationship from avoidant to 90 00:05:23,440 --> 00:05:28,839 Speaker 1: anxious to secure. Let's dive in number one. You don't 91 00:05:28,839 --> 00:05:34,200 Speaker 1: have an income problem, you have a decision problem. Most 92 00:05:34,240 --> 00:05:38,559 Speaker 1: twenty year olds think they'll be better with money once 93 00:05:38,600 --> 00:05:41,480 Speaker 1: they can earn more. I'm sure you've said this as well. 94 00:05:41,720 --> 00:05:44,480 Speaker 1: When I have more money, I'll be better at dealing 95 00:05:44,560 --> 00:05:46,840 Speaker 1: with it. Right now, I don't have enough to even 96 00:05:46,880 --> 00:05:51,440 Speaker 1: think about it. But science shows that your sense of control, 97 00:05:51,839 --> 00:05:56,960 Speaker 1: not your salary, predicts your financial wellbeing. People with an 98 00:05:57,080 --> 00:06:01,600 Speaker 1: internal locus of control who belie leave they influence their 99 00:06:01,680 --> 00:06:06,480 Speaker 1: outcomes are more likely to budget, save, and bounce back 100 00:06:06,760 --> 00:06:10,080 Speaker 1: from financial stress. One of my favorite quotes from Jim 101 00:06:10,160 --> 00:06:14,120 Speaker 1: Rohan is he said, formal education will make you a living. 102 00:06:14,960 --> 00:06:19,960 Speaker 1: Self education will make you a fortune. But here's the takeaway. 103 00:06:20,440 --> 00:06:25,000 Speaker 1: The moment you take responsibility for your financial habits, even 104 00:06:25,040 --> 00:06:29,080 Speaker 1: if you're broke, is the moment you start building wealth. 105 00:06:29,839 --> 00:06:34,120 Speaker 1: Here's an action list three money related decisions you can 106 00:06:34,160 --> 00:06:38,200 Speaker 1: make today, even if your income is low. You could 107 00:06:38,440 --> 00:06:42,720 Speaker 1: set up a free budgeting app. You could cancel one 108 00:06:42,920 --> 00:06:47,800 Speaker 1: unnecessary subscription. You could transfer five pounds to savings or 109 00:06:47,839 --> 00:06:53,039 Speaker 1: five dollars even if it feels small. Don't avoid talking 110 00:06:53,040 --> 00:06:58,320 Speaker 1: about money. Don't avoid talking to people about money. Don't 111 00:06:58,360 --> 00:07:03,440 Speaker 1: act broke to stay relatable. Don't play so small so 112 00:07:03,600 --> 00:07:07,880 Speaker 1: no one feels uncomfortable. Don't pretend you don't care about 113 00:07:07,880 --> 00:07:13,720 Speaker 1: wealth when you're struggling without it. Don't shame ambition, then 114 00:07:13,920 --> 00:07:18,560 Speaker 1: envy the results. Don't wait to get rich before learning 115 00:07:18,640 --> 00:07:23,280 Speaker 1: how to manage it. Don't hide your financial goals. Speak 116 00:07:23,320 --> 00:07:27,600 Speaker 1: them like they already belong to you. Don't stay silent 117 00:07:27,680 --> 00:07:32,120 Speaker 1: about money and expect your relationship with it to improve. 118 00:07:33,120 --> 00:07:36,680 Speaker 1: It's like not talking to your partner and wanting to 119 00:07:36,680 --> 00:07:39,760 Speaker 1: stay in love. Imagine if you never talked about love, 120 00:07:40,360 --> 00:07:43,239 Speaker 1: you never talked about your relationship, you never talked about 121 00:07:43,240 --> 00:07:47,960 Speaker 1: connection or intimacy. How good would your relationship be? How 122 00:07:48,000 --> 00:07:52,480 Speaker 1: healthy would it be? People who believe that they can 123 00:07:52,720 --> 00:07:56,960 Speaker 1: control their destiny, that they can change their reality, that 124 00:07:57,000 --> 00:08:00,560 Speaker 1: they take control of their financial habits, will see change. 125 00:08:01,160 --> 00:08:04,320 Speaker 1: I want you to recognize that you won't feel better 126 00:08:04,840 --> 00:08:08,600 Speaker 1: about your financial situation because you avoid looking at your 127 00:08:08,640 --> 00:08:12,640 Speaker 1: bank statement. You'll only feel better about your financial situation 128 00:08:13,160 --> 00:08:18,240 Speaker 1: when you actually turn towards it. Number two, you won't 129 00:08:18,280 --> 00:08:22,720 Speaker 1: save what you don't see. This is a psychological principle. 130 00:08:23,200 --> 00:08:28,360 Speaker 1: We spend what we mentally label as available. If your 131 00:08:28,400 --> 00:08:31,800 Speaker 1: paycheck hits your account and sits there, your brain sees 132 00:08:31,840 --> 00:08:37,400 Speaker 1: it as spendable. This is why automation and separation are 133 00:08:37,480 --> 00:08:41,719 Speaker 1: more powerful than discipline. We think, oh, I'll be disciplined 134 00:08:41,760 --> 00:08:44,960 Speaker 1: this month, I'll spend less. But no. If there's no 135 00:08:45,160 --> 00:08:49,520 Speaker 1: automation and separation of how that money is divided, you 136 00:08:49,559 --> 00:08:55,720 Speaker 1: will break your discipline. Mental accounting helps reduce friction between 137 00:08:55,760 --> 00:08:59,200 Speaker 1: what you want and what you do. There's an amazing 138 00:08:59,240 --> 00:09:03,000 Speaker 1: quote I love. It says, do not save what is 139 00:09:03,120 --> 00:09:08,400 Speaker 1: left after spending, but spend what is left after saving. 140 00:09:08,760 --> 00:09:12,320 Speaker 1: That's from Warren Buffett. One of my favorite quotes. Don't 141 00:09:12,360 --> 00:09:16,640 Speaker 1: save what is left after spending, but spend what is 142 00:09:16,760 --> 00:09:21,520 Speaker 1: left after saving. You want to create an automatic save, 143 00:09:22,280 --> 00:09:24,839 Speaker 1: and then spend what is left over. You don't want 144 00:09:24,880 --> 00:09:26,600 Speaker 1: to be in a position where you just have this 145 00:09:26,920 --> 00:09:30,280 Speaker 1: amount in your current account and you're thinking, Okay, I'm 146 00:09:30,320 --> 00:09:32,199 Speaker 1: going to try and save some of it this month, 147 00:09:32,400 --> 00:09:33,600 Speaker 1: and then at the end of the month you're looking 148 00:09:33,600 --> 00:09:35,800 Speaker 1: at it and you're back at zero. You've got to 149 00:09:35,840 --> 00:09:42,800 Speaker 1: remember this. Your brain is lazy, but programmable. Make savings invisible. 150 00:09:43,240 --> 00:09:46,960 Speaker 1: Open a second account today. Automate ten percent, twenty percent, 151 00:09:46,960 --> 00:09:49,960 Speaker 1: whatever you can do of every paycheck, even if it's 152 00:09:50,280 --> 00:09:55,080 Speaker 1: ten dollars. To go straight there and label it freedom fund. 153 00:09:56,000 --> 00:09:58,160 Speaker 1: Label it your freedom fund, give it a name, give 154 00:09:58,160 --> 00:10:00,960 Speaker 1: it something exciting. Don't just call it savings, because even 155 00:10:00,960 --> 00:10:04,480 Speaker 1: the word savings sometimes can feel boring and kind of, 156 00:10:04,920 --> 00:10:07,840 Speaker 1: you know, unenthusing, or it can feel scary to look 157 00:10:07,880 --> 00:10:09,800 Speaker 1: at a saving as a coward. Not much in it, 158 00:10:09,880 --> 00:10:14,479 Speaker 1: but a freedom fund. Whatever inspires you. Make it automated 159 00:10:14,840 --> 00:10:19,520 Speaker 1: and make it separated. Don't just make money, learn to 160 00:10:19,600 --> 00:10:25,520 Speaker 1: keep it. Don't spend to look rich, save to stay free. 161 00:10:25,800 --> 00:10:30,120 Speaker 1: Don't let every paycheck pass through you like you don't matter. 162 00:10:31,320 --> 00:10:37,640 Speaker 1: Don't confuse lifestyle with wealth. Don't buy comfort now and 163 00:10:37,760 --> 00:10:42,760 Speaker 1: borrow stress later. Don't think saving is boring. It's the 164 00:10:42,760 --> 00:10:46,360 Speaker 1: most rebellious thing in a world that wants you broke. 165 00:10:47,400 --> 00:10:52,040 Speaker 1: Don't wait until you make more, save now so future 166 00:10:52,120 --> 00:10:58,120 Speaker 1: you has options. Don't treat saving like a punishment. Treat 167 00:10:58,160 --> 00:11:01,840 Speaker 1: it like self respect. A lot of people that I've 168 00:11:01,840 --> 00:11:04,720 Speaker 1: spoken to finance experts as well. We'll talk about the 169 00:11:04,840 --> 00:11:08,600 Speaker 1: dangers of how everyone online will tell you invest invest invest. 170 00:11:09,200 --> 00:11:11,079 Speaker 1: You may end up losing a bunch of money on crypto. 171 00:11:11,600 --> 00:11:14,400 Speaker 1: You may end up losing a bunch of money on NFTs. 172 00:11:15,040 --> 00:11:16,640 Speaker 1: You don't need to do any of those get rich 173 00:11:16,720 --> 00:11:20,360 Speaker 1: quick schemes, or you need to focus on is building 174 00:11:20,400 --> 00:11:25,640 Speaker 1: your future. Number three. Buying things won't make you rich, 175 00:11:26,400 --> 00:11:31,199 Speaker 1: but learning about them actually might. Most people think money 176 00:11:31,440 --> 00:11:36,800 Speaker 1: is for spending, not studying, but impulsive buying triggers dopamine 177 00:11:37,080 --> 00:11:41,880 Speaker 1: and short term pleasure, while financial literacy builds long term gain. 178 00:11:42,559 --> 00:11:47,760 Speaker 1: Study show those with higher financial literacy experience lower anxiety, 179 00:11:48,320 --> 00:11:52,960 Speaker 1: more saving, and better life outcomes. Warren Buffett said, the 180 00:11:53,000 --> 00:11:57,440 Speaker 1: more you learn, the more you earn. Money grows when 181 00:11:57,480 --> 00:12:02,640 Speaker 1: your brain grows first talking about investing. Spend ten minutes 182 00:12:02,640 --> 00:12:08,400 Speaker 1: today reading about a financial concept compound interest, inflation, investing 183 00:12:09,160 --> 00:12:15,600 Speaker 1: swap one scroll for one financial insight. Investing in yourself 184 00:12:15,640 --> 00:12:18,600 Speaker 1: and your knowledge is a far better investment at the 185 00:12:18,600 --> 00:12:22,040 Speaker 1: beginning of your wealth journey than any other asset. I 186 00:12:22,080 --> 00:12:27,559 Speaker 1: promise you that buying things won't make you rich. Impressing 187 00:12:27,600 --> 00:12:33,199 Speaker 1: people won't build your net worth. Wearing your salary won't 188 00:12:33,240 --> 00:12:39,480 Speaker 1: grow your savings. Spending like your wealthy won't make you wealthy. 189 00:12:39,679 --> 00:12:44,240 Speaker 1: Every time you buy to feel better, you're selling off 190 00:12:44,600 --> 00:12:48,800 Speaker 1: your future piece. You don't need more stuff, you need 191 00:12:48,840 --> 00:12:53,360 Speaker 1: more strategy. The goal isn't to look rich. The goal 192 00:12:53,840 --> 00:12:56,920 Speaker 1: is to stop worrying about money. Now. I'm not saying 193 00:12:56,920 --> 00:12:58,680 Speaker 1: I don't want you to treat yourself. I'm not saying 194 00:12:58,679 --> 00:13:02,280 Speaker 1: that I like things too. I don't think there's anything 195 00:13:02,320 --> 00:13:06,520 Speaker 1: wrong with that. You just don't want it to be imbalanced. 196 00:13:07,160 --> 00:13:09,640 Speaker 1: You don't want it to be that you're stressed every 197 00:13:09,679 --> 00:13:12,240 Speaker 1: time you buy something. I was talking to a friend 198 00:13:12,280 --> 00:13:16,600 Speaker 1: about this. He didn't go to university. He found something 199 00:13:16,600 --> 00:13:19,480 Speaker 1: that he loved early on in life and started making 200 00:13:19,559 --> 00:13:21,959 Speaker 1: a living. Now, in the beginning, it didn't make him 201 00:13:22,040 --> 00:13:25,960 Speaker 1: loads of money, but he learned very quickly how to 202 00:13:26,120 --> 00:13:30,200 Speaker 1: not get wrapped up in building a lifestyle and actually 203 00:13:30,240 --> 00:13:32,800 Speaker 1: how to invest it and learn about it. And that's 204 00:13:32,840 --> 00:13:34,680 Speaker 1: the point I really want to bring about here. It's 205 00:13:34,720 --> 00:13:38,680 Speaker 1: not just investing before investing. There's a learning piece. Okay, 206 00:13:38,760 --> 00:13:41,120 Speaker 1: is it property? Is it compound? Is it this? Is 207 00:13:41,120 --> 00:13:43,640 Speaker 1: it borrowing? It's figuring that out. And I think a 208 00:13:43,679 --> 00:13:45,400 Speaker 1: lot of people today will be like, Hey, invest in 209 00:13:45,440 --> 00:13:47,680 Speaker 1: this because this is the next big thing. Hey invest 210 00:13:47,679 --> 00:13:49,640 Speaker 1: in this because this is the next big hit. And 211 00:13:49,679 --> 00:13:51,920 Speaker 1: the challenge with that is you do something with very 212 00:13:51,960 --> 00:13:54,720 Speaker 1: low learning, usually it's a very big investment. I've got 213 00:13:54,760 --> 00:13:59,000 Speaker 1: another friend who knew nothing about crypto, put practically fifty 214 00:13:59,000 --> 00:14:01,800 Speaker 1: percent of his life saving into it, and then the 215 00:14:01,840 --> 00:14:04,960 Speaker 1: next week when crypto dropped, he took everything out because 216 00:14:04,960 --> 00:14:07,160 Speaker 1: he'd lost ten K and got worried about it. And 217 00:14:07,200 --> 00:14:09,160 Speaker 1: then the next week it all went up again, and 218 00:14:09,200 --> 00:14:10,560 Speaker 1: then he'd lost all of it. And it was just 219 00:14:10,600 --> 00:14:14,160 Speaker 1: this mess of getting involved in things and investing in 220 00:14:14,240 --> 00:14:17,560 Speaker 1: things that you have very little insight over. At the 221 00:14:17,600 --> 00:14:20,560 Speaker 1: same time, I've got friends who got great jobs out 222 00:14:20,560 --> 00:14:25,120 Speaker 1: of university, but their lifestyle changed so much that their 223 00:14:25,160 --> 00:14:29,360 Speaker 1: lifestyle was competing with their income. Right when your lifestyle 224 00:14:29,440 --> 00:14:33,160 Speaker 1: is competing with your income, the pressure that we experience 225 00:14:33,640 --> 00:14:37,440 Speaker 1: that makes it extremely hard to turn that into future value. 226 00:14:38,120 --> 00:14:39,800 Speaker 1: A lot of the times we can look at people 227 00:14:40,520 --> 00:14:43,560 Speaker 1: and think that they're spending lavishly, but we're looking at 228 00:14:43,600 --> 00:14:47,000 Speaker 1: a number, not as a percentage. I would start looking 229 00:14:47,000 --> 00:14:50,840 Speaker 1: at your life as a percentage of how much you 230 00:14:50,920 --> 00:14:54,360 Speaker 1: spend on your lifestyle versus how much you spend on 231 00:14:54,400 --> 00:14:57,720 Speaker 1: your future. It's not about the amount someone could spend 232 00:14:58,560 --> 00:15:01,320 Speaker 1: ten thousand on a wedding. Someone could spend fifty thousand 233 00:15:01,360 --> 00:15:03,680 Speaker 1: on a wedding. Someone could spend a million or on 234 00:15:03,680 --> 00:15:06,440 Speaker 1: a wedding. It's not about the amount they spend. It's 235 00:15:06,440 --> 00:15:10,880 Speaker 1: the percentage of their income that matters about how they spend. 236 00:15:11,000 --> 00:15:14,320 Speaker 1: And so stop looking at numbers at face value. Start 237 00:15:14,360 --> 00:15:16,480 Speaker 1: looking at your life as a percentage of what you're 238 00:15:16,480 --> 00:15:20,000 Speaker 1: walking home with after tax and figuring out how that 239 00:15:20,080 --> 00:15:22,640 Speaker 1: feels for you. I think that before and after tax 240 00:15:22,720 --> 00:15:25,360 Speaker 1: is a whole conversation in and of itself. So many 241 00:15:25,440 --> 00:15:27,680 Speaker 1: of us look at how much we make as a 242 00:15:27,720 --> 00:15:31,600 Speaker 1: revenue standpoint, or as an income standpoint, and not looking 243 00:15:31,640 --> 00:15:33,720 Speaker 1: at what does that look like after tax? What does 244 00:15:33,760 --> 00:15:36,240 Speaker 1: that look like after rent? What does that look like 245 00:15:36,360 --> 00:15:39,480 Speaker 1: after my car bill? Right? I see so many people 246 00:15:39,560 --> 00:15:43,960 Speaker 1: with really great, amazing cars. That is their entire salary 247 00:15:44,160 --> 00:15:47,200 Speaker 1: is the amount that car is worth, and all of 248 00:15:47,240 --> 00:15:49,360 Speaker 1: a sudden, when you start looking at those payments monthly, 249 00:15:49,760 --> 00:15:54,240 Speaker 1: it starts getting really painful. Don't ignore the reality of 250 00:15:54,240 --> 00:15:57,600 Speaker 1: trying to present your lifestyle in a certain way. I've 251 00:15:57,640 --> 00:16:01,240 Speaker 1: also find it to be what's known the golden handcuffs. 252 00:16:02,080 --> 00:16:05,240 Speaker 1: A lot of people get so used to their lifestyle 253 00:16:05,680 --> 00:16:08,400 Speaker 1: that they can't quit a job they hate. So you 254 00:16:08,440 --> 00:16:11,600 Speaker 1: actually hate what you're doing, but you can't stop doing 255 00:16:11,640 --> 00:16:15,080 Speaker 1: it because it pays for the lifestyle you want. The 256 00:16:15,200 --> 00:16:17,520 Speaker 1: question you have to ask yourself is do I want 257 00:16:17,560 --> 00:16:19,720 Speaker 1: to do something I hate for the rest of my 258 00:16:19,800 --> 00:16:23,840 Speaker 1: life to pay for things? And it's okay if you do. 259 00:16:23,880 --> 00:16:27,040 Speaker 1: If the answer is yes, that's fine. But oftentimes we 260 00:16:27,120 --> 00:16:29,440 Speaker 1: get an opportunity to do something closer to our heart, 261 00:16:29,920 --> 00:16:31,920 Speaker 1: but we don't want to take it because we'd make less. 262 00:16:32,320 --> 00:16:34,280 Speaker 1: In my own life, I went through that. I had 263 00:16:34,280 --> 00:16:37,680 Speaker 1: a stable job as a consultant. I was doing okay, okay, 264 00:16:37,760 --> 00:16:41,120 Speaker 1: being very important as part of it, and I wasn't 265 00:16:41,160 --> 00:16:42,880 Speaker 1: doing well, and I wasn't doing badly. I was doing 266 00:16:42,960 --> 00:16:46,720 Speaker 1: just fine, and I gave that up to pursue my passion, 267 00:16:46,760 --> 00:16:50,880 Speaker 1: and I'm so grateful for that, because I am so 268 00:16:51,120 --> 00:16:53,120 Speaker 1: thankful that I get to do what I love today. 269 00:16:53,600 --> 00:16:56,120 Speaker 1: But I had to take off the golden handcuffs. I 270 00:16:56,120 --> 00:16:59,400 Speaker 1: had a safe, stable career lined up, but I was 271 00:16:59,440 --> 00:17:01,800 Speaker 1: willing to make less. I was willing to make nothing 272 00:17:01,840 --> 00:17:04,960 Speaker 1: at all in the beginning to get it going, and 273 00:17:04,960 --> 00:17:06,920 Speaker 1: I'm grateful that I was able to put those down. 274 00:17:07,000 --> 00:17:10,600 Speaker 1: So don't be tied by the golden handcuffs. I have 275 00:17:10,720 --> 00:17:12,840 Speaker 1: so much more to share with you, but we're just 276 00:17:12,880 --> 00:17:15,239 Speaker 1: going to take a short break for our sponsors and 277 00:17:15,280 --> 00:17:18,360 Speaker 1: I'll be right back. Hey, it's Jay Sheddy and I'm 278 00:17:18,400 --> 00:17:21,919 Speaker 1: so excited to share. We're launching a brand new subscription 279 00:17:22,359 --> 00:17:26,680 Speaker 1: on Apple Podcasts. That means if you want more on purpose, 280 00:17:27,040 --> 00:17:30,480 Speaker 1: more inspiration, more tools, more depth, you now have the 281 00:17:30,520 --> 00:17:35,320 Speaker 1: option to subscribe and unlock bonus content from our incredible guests. 282 00:17:35,760 --> 00:17:38,840 Speaker 1: And don't worry, the main show is still free for everyone. 283 00:17:39,160 --> 00:17:41,280 Speaker 1: But if you're someone who wants to go even deeper 284 00:17:41,359 --> 00:17:44,479 Speaker 1: and support the show, this is for you. Just hit 285 00:17:44,680 --> 00:17:49,040 Speaker 1: Try free on Apple Podcasts and join our growing community 286 00:17:49,359 --> 00:17:52,240 Speaker 1: of purpose driven listeners. I can't wait for you to 287 00:17:52,320 --> 00:17:57,760 Speaker 1: check it out. Okay, we're back. Let's dive right back 288 00:17:57,800 --> 00:18:03,280 Speaker 1: in step number four. Debt isn't evil, but ignorance is. 289 00:18:03,760 --> 00:18:06,720 Speaker 1: Most twenty somethings are taught that all debt is bad. 290 00:18:07,160 --> 00:18:11,520 Speaker 1: It's not. What's dangerous is not understanding how it works 291 00:18:11,920 --> 00:18:15,000 Speaker 1: and what type of debt you're getting into. We avoid 292 00:18:15,240 --> 00:18:19,639 Speaker 1: debt education out of fear. Yet the avoidance is what 293 00:18:19,760 --> 00:18:23,920 Speaker 1: leads to mistakes. Psychology shows that we react more strongly 294 00:18:24,000 --> 00:18:30,119 Speaker 1: to losses than gains, so we emotionally shut down around debt. 295 00:18:30,720 --> 00:18:33,280 Speaker 1: One of my favorite quotes is, if you don't find 296 00:18:33,280 --> 00:18:36,240 Speaker 1: a way to make money while you sleep, you will 297 00:18:36,280 --> 00:18:39,719 Speaker 1: work until you die. That's Warren Buffer as well. So 298 00:18:39,760 --> 00:18:43,920 Speaker 1: the takeaway is you can't beat a system you don't understand. 299 00:18:44,680 --> 00:18:49,440 Speaker 1: Action point for you learn the basics APR, credit score, interest. 300 00:18:50,160 --> 00:18:53,200 Speaker 1: Pick one debt could be your student loan, credit card, 301 00:18:53,560 --> 00:18:57,320 Speaker 1: and break down how it actually works. Then make a plan. 302 00:18:57,440 --> 00:18:59,560 Speaker 1: Do one thing at a time. Don't just look at 303 00:18:59,600 --> 00:19:02,600 Speaker 1: debt as this one big bubble. Student loan is different 304 00:19:02,640 --> 00:19:06,159 Speaker 1: to credit card debt. Go and understand it deeply and 305 00:19:06,240 --> 00:19:09,480 Speaker 1: see what support there is out there as well. Number five, 306 00:19:10,119 --> 00:19:15,160 Speaker 1: you're not lazy, you're overwhelmed. We blame ourselves for being 307 00:19:15,280 --> 00:19:19,640 Speaker 1: bad with money, but often it's not laziness. It's too 308 00:19:19,640 --> 00:19:26,000 Speaker 1: many small, unresolved financial decisions. Training willpower. Science shows that 309 00:19:26,040 --> 00:19:33,119 Speaker 1: decision fatigue leads to avoidance, impulsive spending, and missed opportunities. P. T. 310 00:19:33,240 --> 00:19:37,720 Speaker 1: Barnum famously said money is a terrible master, but an 311 00:19:37,760 --> 00:19:44,760 Speaker 1: excellent servant. Here's the takeaway. Simplify before you scale. What 312 00:19:44,800 --> 00:19:48,359 Speaker 1: does that look like in action? Pick one financial goal 313 00:19:48,760 --> 00:19:53,200 Speaker 1: for the next thirty days. Just one, and track only that. 314 00:19:53,760 --> 00:19:58,120 Speaker 1: No pressure to fix everything at once. And remember, you're 315 00:19:58,160 --> 00:20:02,080 Speaker 1: not bad with money. You were just never taught how 316 00:20:02,119 --> 00:20:05,040 Speaker 1: to use it. You were taught how to earn it, 317 00:20:06,000 --> 00:20:08,919 Speaker 1: not how to grow it. You were taught how to 318 00:20:08,960 --> 00:20:13,280 Speaker 1: spend it, but not how to invest it. You were 319 00:20:13,320 --> 00:20:16,840 Speaker 1: taught to chase it, not how to make it work 320 00:20:16,880 --> 00:20:22,320 Speaker 1: for you. You weren't taught about investing, only about surviving. 321 00:20:23,080 --> 00:20:27,000 Speaker 1: You learned to feel guilty when you had money and 322 00:20:27,080 --> 00:20:33,760 Speaker 1: ashamed when you didn't. You inherited stress, not strategy. And 323 00:20:33,800 --> 00:20:37,240 Speaker 1: it's not your fault you didn't know, but it's your 324 00:20:37,359 --> 00:20:43,480 Speaker 1: power to learn now. Number six, Your money beliefs aren't yours. 325 00:20:44,080 --> 00:20:48,600 Speaker 1: They're inherited. This is from a psych principle of cognitive 326 00:20:48,600 --> 00:20:52,920 Speaker 1: scripts and money archetypes by Brad Klonts. What we don't 327 00:20:52,960 --> 00:20:58,080 Speaker 1: realize is we grow up absorbing money messages. Maybe in 328 00:20:58,119 --> 00:21:01,600 Speaker 1: your house people always said money's hard to make rich, 329 00:21:01,680 --> 00:21:05,960 Speaker 1: people are greedy, or we don't talk about finances. These 330 00:21:06,240 --> 00:21:12,399 Speaker 1: unconscious scripts drive your habits until you rewrite them. T. 331 00:21:12,600 --> 00:21:16,600 Speaker 1: Harvecker said your money blueprints are not said in stone. 332 00:21:17,160 --> 00:21:20,680 Speaker 1: You can change them. So here's the takeaway. You can't 333 00:21:20,760 --> 00:21:26,000 Speaker 1: change your future until you challenge your programming. Write down 334 00:21:26,080 --> 00:21:29,199 Speaker 1: three money beliefs you heard growing up. What were the 335 00:21:29,200 --> 00:21:31,440 Speaker 1: things your parents said, What were the things your family 336 00:21:31,480 --> 00:21:34,879 Speaker 1: members said, What were the what was the rhetoric around money? 337 00:21:35,200 --> 00:21:40,280 Speaker 1: And ask yourself do these still serve me? Then rewrite one. 338 00:21:40,960 --> 00:21:45,719 Speaker 1: Instead of saying money is selfish, rite money is fuel 339 00:21:46,200 --> 00:21:51,280 Speaker 1: for generosity. Notice the difference. You can change your relationship 340 00:21:51,280 --> 00:21:54,359 Speaker 1: with money. You can stop chasing it out of fear 341 00:21:54,760 --> 00:21:58,240 Speaker 1: and start building it from wisdom. You can stop using 342 00:21:58,280 --> 00:22:02,119 Speaker 1: it to impress and start using it to invest. You 343 00:22:02,160 --> 00:22:06,040 Speaker 1: can stop hiding from your bank account and start owning 344 00:22:06,240 --> 00:22:10,320 Speaker 1: every number. You can stop saying I'm bad with money 345 00:22:11,000 --> 00:22:15,679 Speaker 1: and start learning like your future depends on it. Because 346 00:22:15,720 --> 00:22:19,360 Speaker 1: it does. You can rewrite the money stories you were 347 00:22:19,480 --> 00:22:23,280 Speaker 1: raised on. You can replace guilt with clarity. You can 348 00:22:23,359 --> 00:22:28,520 Speaker 1: replace shame with strategy, scarcity with intention. It's not about 349 00:22:28,560 --> 00:22:32,560 Speaker 1: how much you have, it's about how you treat it, 350 00:22:33,160 --> 00:22:38,040 Speaker 1: and how you treat money determines whether it stays or leaves. 351 00:22:38,720 --> 00:22:41,960 Speaker 1: Think about a partner. Is your partner going to stay 352 00:22:42,080 --> 00:22:45,040 Speaker 1: if you don't respect them? Is your partner going to 353 00:22:45,080 --> 00:22:47,639 Speaker 1: stay if you don't invest in them? Is your partner 354 00:22:47,680 --> 00:22:50,159 Speaker 1: going to stay if you don't learn about them? Is 355 00:22:50,200 --> 00:22:53,199 Speaker 1: your partner going to stay if you avoid them? No 356 00:22:54,280 --> 00:22:57,680 Speaker 1: money is exactly the same, But why do we treat 357 00:22:57,720 --> 00:23:00,560 Speaker 1: it so differently. It's because of these narratives we built 358 00:23:00,640 --> 00:23:03,520 Speaker 1: up since we were kids. I grew up an house 359 00:23:03,520 --> 00:23:05,880 Speaker 1: where we always had just enough, which meant I looked 360 00:23:05,880 --> 00:23:08,359 Speaker 1: at my bank account growing up with zero in it 361 00:23:08,400 --> 00:23:12,200 Speaker 1: a lot. I started working when I was fourteen. I 362 00:23:12,240 --> 00:23:14,920 Speaker 1: paid for my first phone bill, paid for my car, 363 00:23:15,040 --> 00:23:18,160 Speaker 1: my car insurance. I started paying for things very very 364 00:23:18,160 --> 00:23:20,760 Speaker 1: early in life. But I was lucky to live at 365 00:23:20,760 --> 00:23:23,080 Speaker 1: my parents, so I wasn't paying for rent. But I 366 00:23:23,119 --> 00:23:25,720 Speaker 1: started learning the value of money, and I remember growing 367 00:23:25,760 --> 00:23:27,680 Speaker 1: up just looking at my back balance and seeing zero 368 00:23:27,840 --> 00:23:31,400 Speaker 1: because my money mindset was I need just enough. Would 369 00:23:31,400 --> 00:23:34,760 Speaker 1: I ever say I need just enough oxygen. Imagine you 370 00:23:34,800 --> 00:23:36,879 Speaker 1: had all the oxygen for the next three months in 371 00:23:36,920 --> 00:23:39,040 Speaker 1: a bag and you were like, all right, I've only 372 00:23:39,080 --> 00:23:41,320 Speaker 1: got three months, but I've got just enough for three months. 373 00:23:41,760 --> 00:23:44,280 Speaker 1: You wouldn't do that. You'd be like, oh God, I 374 00:23:44,280 --> 00:23:46,440 Speaker 1: need to figure out how to get more oxygen, or 375 00:23:46,920 --> 00:23:48,880 Speaker 1: I need to have more available oxygen. I can't live 376 00:23:48,960 --> 00:23:51,240 Speaker 1: like that. Money and oxygen are very similar like that. 377 00:23:51,880 --> 00:23:53,680 Speaker 1: And by the way, I've been there, I've been nearly 378 00:23:53,720 --> 00:23:55,879 Speaker 1: four months away from being broke. I know what it 379 00:23:55,880 --> 00:23:58,520 Speaker 1: feels like to be living paycheck to paycheck with only 380 00:23:58,600 --> 00:24:01,280 Speaker 1: enough money for rent and grocery. Having been there, what 381 00:24:01,359 --> 00:24:03,399 Speaker 1: I know is that there was a lot of fear. 382 00:24:03,800 --> 00:24:06,080 Speaker 1: There was a lot of stress. It was because I 383 00:24:06,119 --> 00:24:11,000 Speaker 1: was avoiding conversations about money. I was avoiding looking aware 384 00:24:11,040 --> 00:24:12,760 Speaker 1: the money was going. It was just coming in and 385 00:24:12,800 --> 00:24:15,800 Speaker 1: going out, and I wasn't breaking it down. If you're 386 00:24:15,800 --> 00:24:17,760 Speaker 1: not aware of how much is being saved, how much 387 00:24:17,800 --> 00:24:19,760 Speaker 1: is going for bills, if you're not budgeting, if you're 388 00:24:19,760 --> 00:24:21,960 Speaker 1: not taking a look at this at a very basic level. 389 00:24:22,240 --> 00:24:25,040 Speaker 1: You will always be scared. I don't want you to 390 00:24:25,040 --> 00:24:32,199 Speaker 1: be scared anymore. Number seven, Generosity multiplies wealth, not drains it. 391 00:24:32,600 --> 00:24:36,560 Speaker 1: We're taught to hoard money when stressed, but psychology shows 392 00:24:36,600 --> 00:24:41,720 Speaker 1: that intentional generosity improves well being, long term wealth, mindset, 393 00:24:42,000 --> 00:24:47,080 Speaker 1: and even motivation. People who give even small amounts are 394 00:24:47,119 --> 00:24:51,480 Speaker 1: more optimistic and productive. One of the things I love 395 00:24:51,560 --> 00:24:54,160 Speaker 1: to see is I've been very fortunate over the last 396 00:24:54,200 --> 00:24:58,639 Speaker 1: few years to lead some fundraises. We led one online 397 00:24:58,880 --> 00:25:03,920 Speaker 1: during the pandemic for Give India, and it was phenomenal 398 00:25:04,520 --> 00:25:06,919 Speaker 1: to see so many of you jump in. And it 399 00:25:07,000 --> 00:25:10,240 Speaker 1: was because of people like yourself who jumped in five 400 00:25:10,320 --> 00:25:13,600 Speaker 1: dollars ten dollars that we were able to raise over 401 00:25:13,760 --> 00:25:17,920 Speaker 1: five million dollars in twenty four hours. People often think, 402 00:25:17,960 --> 00:25:20,120 Speaker 1: what will my five dollars do? What will my ten 403 00:25:20,200 --> 00:25:23,160 Speaker 1: dollars do? I promise you it makes a difference because 404 00:25:23,160 --> 00:25:24,719 Speaker 1: what we need is a lot of people who give 405 00:25:24,760 --> 00:25:30,080 Speaker 1: a little. That great giving that happens connects us and 406 00:25:30,119 --> 00:25:32,040 Speaker 1: I saw that in action. I remember we did this 407 00:25:32,119 --> 00:25:35,720 Speaker 1: live broadcast where we were raising money. We had big 408 00:25:35,720 --> 00:25:37,760 Speaker 1: donors who were matching it. I had friends like Ray 409 00:25:37,840 --> 00:25:40,520 Speaker 1: Dahlio come in and give a million dollars to match 410 00:25:40,560 --> 00:25:43,480 Speaker 1: whatever we were doing. We had India Aspira who were 411 00:25:43,480 --> 00:25:45,840 Speaker 1: matching whatever we made as well, But it was you 412 00:25:45,880 --> 00:25:49,400 Speaker 1: who raised millions of dollars that then were matched by 413 00:25:49,400 --> 00:25:53,840 Speaker 1: these other donors. And that's what created this beautiful feeling 414 00:25:53,920 --> 00:25:57,040 Speaker 1: of giving. And one of the things I think about 415 00:25:57,240 --> 00:25:59,520 Speaker 1: is if I have more, I have more to give. 416 00:25:59,760 --> 00:26:02,840 Speaker 1: It's a beautiful mindset to have. And that's what it is. 417 00:26:02,880 --> 00:26:06,160 Speaker 1: It's the responsibility of those who have more to give more. 418 00:26:06,440 --> 00:26:10,000 Speaker 1: That's what it's there for. And so you don't have 419 00:26:10,080 --> 00:26:13,560 Speaker 1: to be greedy. There's a famous quote that have heard 420 00:26:13,600 --> 00:26:17,399 Speaker 1: many many times, and it says money just makes you 421 00:26:17,480 --> 00:26:20,640 Speaker 1: more of who you are, right, it just amplifies who 422 00:26:20,680 --> 00:26:23,280 Speaker 1: you were in the first place. A lot of us 423 00:26:23,359 --> 00:26:26,320 Speaker 1: are scared to become wealthy because we're scared it might 424 00:26:26,400 --> 00:26:29,119 Speaker 1: change our hearts. I'm here to tell you that it 425 00:26:29,119 --> 00:26:31,320 Speaker 1: will only make you more of who you are. If 426 00:26:31,359 --> 00:26:33,400 Speaker 1: you're a generous person, if you have more money, you'll 427 00:26:33,440 --> 00:26:37,080 Speaker 1: just be more generous. If you're a greedy, small minded person, 428 00:26:37,080 --> 00:26:39,240 Speaker 1: it will just make you more of that. And so 429 00:26:39,320 --> 00:26:41,159 Speaker 1: don't feel like it will change you. It doesn't have 430 00:26:41,280 --> 00:26:44,359 Speaker 1: to change you. There's a famous Brake lyric that I 431 00:26:44,400 --> 00:26:47,240 Speaker 1: love where he said, I like when money makes a 432 00:26:47,320 --> 00:26:50,840 Speaker 1: difference but doesn't make you different. And that's what I 433 00:26:50,840 --> 00:26:52,600 Speaker 1: think we have to approach it from is how can 434 00:26:52,640 --> 00:26:54,399 Speaker 1: we use money to make a difference in our lives, 435 00:26:54,400 --> 00:26:57,280 Speaker 1: the people that we love and people beyond. So that's 436 00:26:57,320 --> 00:27:00,720 Speaker 1: the takeaway, and here's the action one leave you with here, 437 00:27:01,400 --> 00:27:06,639 Speaker 1: give something small this week, five pounds, your time, a referral, 438 00:27:06,800 --> 00:27:10,040 Speaker 1: or a skill. All of that is giving. Watch how 439 00:27:10,119 --> 00:27:14,560 Speaker 1: your energy towards money shifts when it serves others as well. 440 00:27:15,119 --> 00:27:19,600 Speaker 1: Here's my final thought. Money isn't just numbers, its emotion, 441 00:27:20,320 --> 00:27:25,560 Speaker 1: it's energy, its identity. At twenty, you're not too young 442 00:27:25,920 --> 00:27:30,320 Speaker 1: to build wealth. You're early enough to build it with wisdom. 443 00:27:31,200 --> 00:27:34,640 Speaker 1: Start with just one of these shifts today, and remember 444 00:27:35,440 --> 00:27:39,320 Speaker 1: the wealthiest people aren't always the ones who made the 445 00:27:39,359 --> 00:27:43,600 Speaker 1: most money. They're the ones who built the best relationship 446 00:27:44,000 --> 00:27:46,880 Speaker 1: with money. Let me know what resonated with you, what 447 00:27:46,920 --> 00:27:49,639 Speaker 1: connected with you. I'd love to do more episodes about 448 00:27:49,640 --> 00:27:52,760 Speaker 1: our financial health and wellbeing. I'm always approaching it from 449 00:27:52,800 --> 00:27:56,480 Speaker 1: an energetic standpoint. I have some amazing experts on the show, 450 00:27:56,560 --> 00:28:00,520 Speaker 1: giving you much more tactical, practical, specific insight on what 451 00:28:00,600 --> 00:28:02,040 Speaker 1: to do with your money. Make sure you go and 452 00:28:02,119 --> 00:28:05,720 Speaker 1: check out those episodes. We've had everyone from Cody Sanchez 453 00:28:05,960 --> 00:28:09,160 Speaker 1: to Spree to many many more. Do not miss those 454 00:28:09,200 --> 00:28:12,880 Speaker 1: episodes on financial wellbeing. I'll see you very soon. If 455 00:28:12,920 --> 00:28:16,160 Speaker 1: you love this episode, you will also love my interview 456 00:28:16,320 --> 00:28:19,840 Speaker 1: with Charles Douhig on how to hack your brain, change 457 00:28:19,880 --> 00:28:24,680 Speaker 1: any habit effortlessly, and the secret to making better decisions. Look, 458 00:28:24,760 --> 00:28:27,359 Speaker 1: am I hesitating on this because I'm scared of making 459 00:28:27,400 --> 00:28:29,639 Speaker 1: the choice because I'm scared of doing the work, Or 460 00:28:29,640 --> 00:28:32,119 Speaker 1: am I sitting with this because it just doesn't feel 461 00:28:32,320 --> 00:28:33,000 Speaker 1: right yet