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Speaker 1: Welcome to How the Money. I'm Joel and I am Matt,

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Speaker 1: and today we are discussing going full cross fit on

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Speaker 1: your finances. That's right, Joel. We actually we're gonna have

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Speaker 1: a confession to make. Recently, you and I we both

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Speaker 1: have started working out a little bit there mon fashions,

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Speaker 1: is that us? I don't remember that way? Remember shot

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Speaker 1: in the Dark? U s h r H. I am

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Speaker 1: oh Wendy my wife's genre music. I'm more in the

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Speaker 1: blue grounds. But yes, I remember saying that in fifth

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Speaker 1: grade or we have You and I. Neither of us

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Speaker 1: are are yolked or anything like that. We're not like

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Speaker 1: beast mode over here. But yes, we have been working

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Speaker 1: out regularly, and we're both getting a little bit older,

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Speaker 1: and with age comes maybe more of a focus on

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Speaker 1: your health. It's not quite as easy as it used

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Speaker 1: to be. And through the process of working and I

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Speaker 1: think both of us have realized there are so many

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Speaker 1: parallels between being healthy with your body, with your physical health,

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Speaker 1: and being healthy when it comes to your finances with

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Speaker 1: your money. And so we felt that we would be

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Speaker 1: doing a disservice to you, our listener, if we didn't

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Speaker 1: share some of these really with some of these true

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Speaker 1: these some of these nuggets of wisdom that we think

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Speaker 1: are applicable from the physical fitness world. Yeah, and you know,

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Speaker 1: a lot of people wait to get their bodies in shape,

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Speaker 1: tell you know, the middle of their lives, which is

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Speaker 1: true for us, but a lot of people wait that

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Speaker 1: long to get their money in order to and so

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Speaker 1: getting started young. That is one of those things we're

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Speaker 1: gonna talking about. But there are a lot of things

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Speaker 1: just from the past few months. You and I've been

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Speaker 1: really really getting this ramped up over the past few months,

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Speaker 1: and we've learned some things and then we think applied

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Speaker 1: to money. So we'll talk about that today. But before

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Speaker 1: we get to that, Matt, I wanted to mention, I

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Speaker 1: want to ask you whether or not I was frugal

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Speaker 1: or cheap with a recent purchase. A recent date night

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Speaker 1: I took my wife on. You know, we did not

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Speaker 1: go to McDonald's. I know that's what you're thinking. No,

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Speaker 1: but we we went to see a play at the

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Speaker 1: Fox Theater downtown, which was which was lovely. But I

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Speaker 1: bought the seats that were quote unquote limited view seats

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Speaker 1: and so they were discounted another twenty bucks from the

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Speaker 1: seats on either side, and here's so, yeah, we're in

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Speaker 1: front of a post behind the post. No, that's the thing.

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Speaker 1: I knew the theater well enough to know that. I

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Speaker 1: don't know why they were calling them limited view seats

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Speaker 1: like they there was no post. There was no We

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Speaker 1: were off to the side a little bit. But interestingly enough,

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Speaker 1: we were in the middle of this row and the

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Speaker 1: seats to the left into the right of us, none

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Speaker 1: of them were considered limited view. That's just the seats

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Speaker 1: where we were. And I'm like, the deal nothing there

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Speaker 1: were there were great seats. I was like, it's shocked.

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Speaker 1: So you truly didn't have a limited view, truly not

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Speaker 1: a limited you know the answer that was achieved that

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Speaker 1: was totally frugal. But I was, I guess you run

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Speaker 1: the risk of it being potentially cheap. I was because

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Speaker 1: I've seen a few shows at the Fox and I

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Speaker 1: was like, there's still post down there, Like, unless I'm

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Speaker 1: crazy and completely mistaken, may like change the architecture right

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Speaker 1: and a post in there. But they got got rid

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Speaker 1: of a post balcony. There used to be a post

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Speaker 1: there and maybe no longer. Well I remember one time going,

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Speaker 1: um okay, now We got seats one time up in

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Speaker 1: the balcony, and I sat behind the post in the

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Speaker 1: balcony and it's it's not fun. I'm talking specifically. I

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Speaker 1: call them like, uh like date night seats or whatever.

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Speaker 1: But there's this there's a couple of particular rows where

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Speaker 1: it's just two chairs, two seats where you're sitting by

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Speaker 1: yourself and so you kind of feel like a v

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Speaker 1: I P. Where you're not sitting with the throngs of folks.

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Speaker 1: But I am glad though that I worked out for

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Speaker 1: You even saw Chicago, That's right. I enjoyed it. I've

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Speaker 1: never never seen Chicago me neither. That was my first

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Speaker 1: time and never never saw it on TV. No, I

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Speaker 1: never saw the movie or anything, which those aren't really

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Speaker 1: that great either. I feel like some of the ones

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Speaker 1: that they make for TV end up like Cats. How

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Speaker 1: terrible was that thing? I saw it? I never saw

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Speaker 1: it either, But I've really gotten into the pres for it.

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Speaker 1: Are you know, like with the Taylor Swift and Judy Dench,

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Speaker 1: It's like it was scary. It was like terrifying, and

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Speaker 1: people are like, yeah, she was she was in the Cats,

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Speaker 1: the movie, the one made for TV. Okay, No, I

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Speaker 1: didn't it. Yeah, and I didn't even know what existed.

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Speaker 1: I don't think. So that's how that's all. Horribly it faired.

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Speaker 1: I'm trying to get more cultured, and part of that includes,

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Speaker 1: you know, more art museums, more plays. So it was

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Speaker 1: it was fun to get to do it, but you know,

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Speaker 1: you want to do it on the cheap, and and

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Speaker 1: if it if it meant an actual limited view sitting

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Speaker 1: behind a post, no it would not have been worth

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Speaker 1: a discount. But I guess I looked out and it

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Speaker 1: was worth the dis kind of thing. Now, you know,

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Speaker 1: you can always go after those. So I think I

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Speaker 1: think our tickets were forty nine each, and so I

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Speaker 1: think it was sixty nine for the people on either

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Speaker 1: side of us. I didn't bring it up to them.

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Speaker 1: I didn't want to rub it in. All right, let's

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Speaker 1: move on it. Let's mention the beer we're having on

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Speaker 1: this episode. This one is called october Fest. It's by

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Speaker 1: Talisman Brewing. We had a beer by the same brewery

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Speaker 1: on Monday's episode. We'll give our thoughts on this one

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Speaker 1: at the end of the episode. That's right, But Matt,

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Speaker 1: let's get into this one. We're going full CrossFit on

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Speaker 1: people's finances today, We're going, I don't know, maybe, and

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Speaker 1: you're doing the Richard Simmons workouts, right, is that sure?

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Speaker 1: Into Well, so I am doing the CrossFit workout, and

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Speaker 1: I'm gonna do my best to not make this like

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Speaker 1: U P s A to try to get everyone to

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Speaker 1: do across because the joke is always how do you

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Speaker 1: know someone's in across it? Because they'll tell you immediately,

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Speaker 1: they'll let you know. And that being said, I feel

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Speaker 1: like it's uh, the fact that I haven't brought it

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Speaker 1: up for the past two I've done it for like

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Speaker 1: two or three months now. Yeah, even we've both been

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Speaker 1: doing it for about two and a half months now.

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Speaker 1: So that's why we're like, we don't want to get

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Speaker 1: too far into it. We want to kind of like

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Speaker 1: see the lessons as they're evolving, but we also want

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Speaker 1: to be far enough into it. Were like immediately and

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Speaker 1: we're both like, oh my gosh, there are some incredible

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Speaker 1: lessons to be learned from exercising, from staying healthy. Yeah, well,

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Speaker 1: it makes me think that like one unit, you just

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Speaker 1: never know when inspiration is going to strike, and which

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Speaker 1: kind of sounds like something a creative artist would say, right,

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Speaker 1: and chain smoking artist would say, but it makes me

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Speaker 1: think of a scene from the classic movie Back to

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Speaker 1: the Future when Doc Brown he basically explains how does

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Speaker 1: that he came up with the idea for the flex capacitor,

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Speaker 1: And the reality is that no flex capacitor means no

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Speaker 1: time machine. So this is like vitally important to time

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Speaker 1: travel but also to the more than anything to the

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Speaker 1: plot of the movie. But the way that he came

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Speaker 1: about it was that he was standing on his toilet.

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Speaker 1: Doc was standing on his toilet hanging a clock or

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Speaker 1: something when he slips, hitting his head on the sink,

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Speaker 1: and it was at that precise moment that he came

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Speaker 1: up with the idea for the flux cost and doing

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Speaker 1: something completely unrelated to his scientific pursuits, and that of

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Speaker 1: course would alter his life and and also Marty McFly's

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Speaker 1: life as well. If you've never seen the movie, well

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Speaker 1: what are you doing with your life? But will link

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Speaker 1: to a clip where this where where you get to

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Speaker 1: see this in action. But it's a classic moment from

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Speaker 1: a movie that embodies the idea that answers have a

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Speaker 1: unique way of showing up when we least expect that,

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Speaker 1: and we promised, by the way, this this podcast isn't

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Speaker 1: going to start churning out fitness content. That's now we're

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Speaker 1: going to do. But the correlations between fitness and finance

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Speaker 1: are numerous. We felt like there are answers in this

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Speaker 1: realm that apply to the realm that we typically talk

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Speaker 1: about every single week. Matt and we just kind of

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Speaker 1: felt like we had to share absolutely. Yeah, And by

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Speaker 1: the way, Back to the Future, the original Back to

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Speaker 1: the Future one such an amazing movie. Like I don't

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Speaker 1: think there's any movie out there as a kid that

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Speaker 1: I watch more than particular movies except for maybe like

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Speaker 1: The Goonies, Like it was a toss up between one

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Speaker 1: of those two films. Um, And so you might be wondering, like,

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Speaker 1: how is it that Back to the Future has anything

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Speaker 1: to do with personal finance? Well, you know, like in

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Speaker 1: the same way that Genius came to to doc when

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Speaker 1: het least expected it, we found that there are so

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Speaker 1: many different money lessons that we both learned from working

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Speaker 1: out from getting more fit. Who knew that there'd be

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Speaker 1: so many of like additional benefits and externalities in the

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Speaker 1: language of economists from exercising, But the fact is there

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Speaker 1: are so many different ways that we learn. Some folks

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Speaker 1: out there, they're able to sit down and devour a

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Speaker 1: book in a single sitting, retain every bit of information

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Speaker 1: that way. But then for others it might it might

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Speaker 1: take them interacting with the ideas, right like, they might

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Speaker 1: be more of the doer type. And so while we

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Speaker 1: think this is going to be a valuable episode for

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Speaker 1: everyone out there, it might be appreciated even more by

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Speaker 1: the type of person who likes to get their sweat on, right,

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Speaker 1: which it turns out, Joel, that's more of what you

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Speaker 1: and I are doing these days. We're getting our sweat on,

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Speaker 1: We're getting fit, trying to be that Richard Simmonds type

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Speaker 1: for sure. And by the way, is there any more

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Speaker 1: Is there any more identifiable person in the world of

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Speaker 1: exercise and Richard Simmons is either him or Billy Blank.

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Speaker 1: It's it's one of those two, right, It's got to

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Speaker 1: be one of those two. I guess the tybo I

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Speaker 1: couldn't name any I know there's a lot of like

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Speaker 1: exercise Instagram gurus now, but influencers, nobody's gonna have the

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Speaker 1: same reach of Richards. It's it's sort of I mean,

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Speaker 1: that's the difference between media today and media back when

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Speaker 1: we were kids, right, Like, you had the three four

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Speaker 1: major networks, and whoever was on there, they got all

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Speaker 1: the eyeballs. But that's not quite how it is today.

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Speaker 1: And so even though there are a number of folks,

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Speaker 1: we're still going to remember the classics, the O G

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Speaker 1: fitness guys out there right right well, And I like

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Speaker 1: how you said, like I think some people that people

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Speaker 1: who work out might might get more from this episode.

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Speaker 1: But hopefully some of our listeners who maybe haven't really

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Speaker 1: gotten into working out yet, maybe they still have an

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Speaker 1: impact on their desire to actually get out there and

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Speaker 1: do some sweating themselves. And we've talked about on the

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Speaker 1: show how time is even more important than money, Matt.

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Speaker 1: Even though we talk about money, the most limited resources

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Speaker 1: exactly cannot get any more of it, That's right, And

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Speaker 1: you're realizing that and then living accordingly is crucial so

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Speaker 1: that we aren't spending all of our waking hours trying

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Speaker 1: to amass this one asset, right, and which is money,

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Speaker 1: which is a tool that ultimately it provides diminishing returns,

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Speaker 1: especially past a certain point. And the interesting thing is

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Speaker 1: that if you're you're looking to increase your allotment of

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Speaker 1: available time. The only thing that you can do is

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Speaker 1: to exercise and to participate less risky behaviors. Yes, skydiving, yes,

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Speaker 1: don't do right, Yes, things like that that will short

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Speaker 1: in your life. So being being healthier and then he's

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Speaker 1: not doing crazy stuff is certainly gonna help you live longer.

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Speaker 1: But friend of the show, Nick ma Julie, who came

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Speaker 1: on you know, I don't know a few months back,

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Speaker 1: he wrote the book just Keep Buying Well. He wrote

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Speaker 1: about this recently in his his blog, and he wrote

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Speaker 1: back about the fact that health experts have shown that

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Speaker 1: folks with proper cardiovascular fitness can add something like three

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Speaker 1: to five years onto their lives, and not just that,

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Speaker 1: but six to eight years of health span, which is

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Speaker 1: basically the healthy life where you're physically capable of doing

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Speaker 1: the things that you'd like to do, or you know,

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Speaker 1: if you live quality years. Yeah, an unhealthy life you're

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Speaker 1: going to you you might live on us is long,

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Speaker 1: but you're gonna have more years where your body isn't

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Speaker 1: able to line up with your mental capacity and you're

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Speaker 1: not able to do things you actually like. And the

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Speaker 1: best line from his piece, Matt was he he wrote,

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Speaker 1: assuming you spent four hours a week exercising fifty weeks

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Speaker 1: a year for fifty years, that would be ten thousand

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Speaker 1: hours of lifetime exercise. That's barely over one year of time.

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Speaker 1: But for that one year, you would likely get six

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Speaker 1: to eight additional years of disability free health. And I

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Speaker 1: think that's just an important thing to realize, Like what

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Speaker 1: you're putting in to exercise, you're getting a whole lot

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Speaker 1: more out on the back end. Well, and that's assuming

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Speaker 1: that you're discounting the time that you're spending exercising as

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Speaker 1: like you're basically just completely throwing it away, right, And

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Speaker 1: I would argue that even even that time spent running

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Speaker 1: or working out or rowing like you gotta you gotta

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Speaker 1: rowing machine, Like that's time. Ay, well, that's time that

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Speaker 1: you can spend like listening to an audiobook or podcast

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Speaker 1: something like that. But if you, let's just say you're

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Speaker 1: gonna go out for a run, you've got to be

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Speaker 1: time that you're just completely unplugged right where where you're

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Speaker 1: kind of reaping the mental health been of fits of

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Speaker 1: just clearing your mind, the ability to process some thoughts.

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Speaker 1: But for me, going into a gym it's been nice

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Speaker 1: as well because there's there's community there, right, and so

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Speaker 1: there's some friendships and contributing to a local business, like

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Speaker 1: these are all things that also have intrinsic value. And

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Speaker 1: so it's not like it's just you throwing away a

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Speaker 1: full year, a full year of your life, do you

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Speaker 1: guys like do chest bumplows? I don't know. Yeah, No,

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Speaker 1: it's and we should mention by surprisingly like not Broie

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Speaker 1: at all, which is like one of the great things

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Speaker 1: about it. Well, you you're doing cross fit. I'm working

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Speaker 1: at a home on mostly like a rowing machine and

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Speaker 1: some free weights and then and then doing some additional biking,

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Speaker 1: so like you can do it a lot of ways.

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Speaker 1: My method is a little bit less expensive, but yours

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Speaker 1: has a lot of other perks as well. So that's

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Speaker 1: another thing. It's like different we can get into this lighter,

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Speaker 1: but different strokes are different folks. It doesn't always have

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Speaker 1: to look the same. Yeah. Well, and you kind of

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Speaker 1: hinted at this at the beginning too, But the reality

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Speaker 1: is like we haven't avoided exercise completely up until this point, right,

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Speaker 1: Like we just haven't been super intentional about it. Like

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Speaker 1: I would sign up for races occasionally, and that would

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Speaker 1: spur me on to specifically run more often. But aside

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Speaker 1: from that, there wasn't a whole lot that I was

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Speaker 1: doing myself. And dude, you know, I don't think we're

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Speaker 1: alone in the fact that we've waited this long to

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Speaker 1: get started and to start thinking about our health. I

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Speaker 1: think a lot of folks don't really get started thinking

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Speaker 1: about this until they're, you know, as they're entering middle age.

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Speaker 1: Perhaps we're in our like thirties and now you're gonna

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Speaker 1: live forever and exactly, and you start to see some

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Speaker 1: deterioration and you're like, wait a second, I actually need

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Speaker 1: to be proactive exactly. Yeah, And it's you know, it's

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Speaker 1: not that you can't make signific significant progress at this

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Speaker 1: point in your life. It's just that I think it's

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Speaker 1: more ideal to be doing at least something during those

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Speaker 1: early years, whether you're talking about fitness or money, but

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Speaker 1: they both have this in common. It's not ideal to

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Speaker 1: wait until you're older, but it's still better late than never.

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Speaker 1: I think what's really interesting about it as well is

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Speaker 1: I almost feel like that money and like physical fitness,

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Speaker 1: they are in an inverse relationship with each other. Because

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Speaker 1: like you said, when you're younger, you don't really think

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Speaker 1: about being fit. You're just fit typically like automatically, right,

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Speaker 1: Like if you're just an average person, like think about

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Speaker 1: kids nothing or maybe you're not like fit, but you're

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Speaker 1: at least like if you're not not fit, you're you're

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Speaker 1: fairly healthy exactly. And so I think when you're younger,

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Speaker 1: you're thinking a little bit less about your fitness, maybe

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Speaker 1: more about your money, because you typically don't have as

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Speaker 1: much of your money. But then as you get older,

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Speaker 1: assuming just maybe the average person, you tend to make

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Speaker 1: more money, and because of that, you're able to invest

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Speaker 1: that money. Uh, and that money is then able to

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Speaker 1: work more for you on your behalf. And to a

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Speaker 1: certain extent, I think it it does get a little

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Speaker 1: bit easier with your personal finances as you get older.

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Speaker 1: But again you see the inverse, and I think you

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Speaker 1: you start to see your health decline a little bit.

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Speaker 1: You can't move in the same way, you can't run

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Speaker 1: as fast, you can't lift as much as you could

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Speaker 1: when you're younger, And so I think that's just a

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Speaker 1: it depends on what phase of life you're in, because

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Speaker 1: I think these are all natural sort of outcomes. But regardless,

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Speaker 1: what we're saying is that it is important to do

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Speaker 1: something when you're younger, because it is important to basically

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Speaker 1: like set forth some of these healthy habits that we

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Speaker 1: think are going to pay dividends and both arenas of life. Yeah, so,

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Speaker 1: whether you're talking about fitness or you're talking about money,

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Speaker 1: getting started early is a really important thing. But it's

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Speaker 1: also important to note that neither of these things is

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Speaker 1: rocket science. And I think the more you try to

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Speaker 1: overthink and create the perfect workout routine, let's say, Matt,

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Speaker 1: the more likely you are to not do it at all,

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Speaker 1: You're likely to just not follow through. Studies actually show

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Speaker 1: that the time of day that you exercise can have

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Speaker 1: an impact on fat burning and strength building. And apparently

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Speaker 1: I read this, you're reading this in Men's Health. Now,

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Speaker 1: this is actually an article from the Washington Post. But

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Speaker 1: but building, right, that's where I spend most of my

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Speaker 1: time now. But morning workouts achieve better results for women,

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Speaker 1: and then evening workouts achieve more results for men. And

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Speaker 1: I saw that, but I was like, I don't really care,

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Speaker 1: And why don't I really care? Because I'm not trying

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Speaker 1: to optimize to that extent. The better goal for me

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Speaker 1: is just to work out consistently, to do something whenever

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Speaker 1: I can make it happen. And so if I'm gonna

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Speaker 1: get like one percent better results in the evening, am

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Speaker 1: I going to try to like revolve my whole life

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Speaker 1: around evening workouts even though it's inconvenient to the rest

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Speaker 1: of my lifestyle and my family. No way, It's it's

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Speaker 1: it's possible to optimize things too much. And we would

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Speaker 1: say the same thing is true with your money. It's

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Speaker 1: possible to do that with with your workout regiment. It's

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Speaker 1: also possible to do that with your finances. You might

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Speaker 1: be overthinking things and you're allowing perfect to be the

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Speaker 1: enemy of good when instead you simply need to spend

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Speaker 1: less than you make and invest the difference. Like it's

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Speaker 1: it's not rocket science to get more fit. It's not

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Speaker 1: rocket science to get better with your money. Yes, right,

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Speaker 1: And that being said, I think it is okay if

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Speaker 1: you have an interest in all the details and and

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Speaker 1: all the technical specs, and if you start if you're

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Speaker 1: diving into like macros and like when it comes to diet,

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Speaker 1: like there's all these different elements. I think that is okay,

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Speaker 1: as long as you are not keeping those additional complexities

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Speaker 1: from keeping you from taking any action at all. Right,

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Speaker 1: And that's just in particular true true for folks who

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Speaker 1: are just getting started, because if you're just getting started

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Speaker 1: with your money, or you're just getting started with a

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Speaker 1: fitness regiment, the more you overcomplicated, the less likely you

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Speaker 1: are to continue on, right, And so the easier we

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Speaker 1: can make that transition, I think, the more likely we

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Speaker 1: are to kind of at a routine going. And that's

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Speaker 1: exactly yeah. Well that being said, another lesson I think

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Speaker 1: that we can glean from physical fitness is accountability. That

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Speaker 1: it can go a long way. Obviously, the purest form

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Speaker 1: of accountability is the one that you have with yourself,

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Speaker 1: you know, like it's a personal commitment that you refuse

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Speaker 1: to violate. But it is also going to be powerful

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Speaker 1: to say our goals out loud, right, maybe to tell

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Speaker 1: your closest friends in your family about your goals, because

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Speaker 1: that can help you to commit or even like like

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Speaker 1: posting publicly on social media, like that can be a

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Speaker 1: type of commitment device, because nobody likes to fail in

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Speaker 1: front of hundreds of their closest friends. Yeah, like you

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Speaker 1: don't necessarily need a workout partner, for instance, although that

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Speaker 1: can provide real help as well. Uh. And so like

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Speaker 1: I say this because like, yes, self discipline is great,

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Speaker 1: but if you're like me, maybe you have a little

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Speaker 1: less self discipline than you'd like. And in that case,

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Speaker 1: accountability it can be a massively helpful substitute for willpower

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Speaker 1: at times when you feel yours failing. Back in the spring,

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Speaker 1: we had Erica hung on Taylor made budgets, and one

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Speaker 1: of the biggest takeaways I had from that conversation with

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Speaker 1: her like she like she's a money coach basically, And

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Speaker 1: one of the questions we had for her was like, Okay, so, Joel,

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Speaker 1: you and I were best friends. We to a certain extent,

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Speaker 1: we hold each other accountable. So if you have somebody

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Speaker 1: in your life who can be that accountability partner, well,

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Speaker 1: what's the difference between that and and actually having like

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Speaker 1: a money coach. And what she said was that, like,

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Speaker 1: at the end of the day, she's not there to

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Speaker 1: be their friend, She's there too for them to see results.

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Speaker 1: And so this is an instance where we made the

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Speaker 1: crossover from personal finances to physical fitness, and so for

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Speaker 1: me it helped me to realize that for years I

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Speaker 1: had been wanting to work out more. I wanted, I

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Speaker 1: was wanting to get a little more healthy, but I

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Speaker 1: had never done it. Uh. And so I realized it

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Speaker 1: was going to take a device, specifically, it was gonna

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Speaker 1: take me paying to go to a gym where in particular,

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Speaker 1: where they had programming that was going to cause me

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Speaker 1: to actually follow through on the actions that I said

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Speaker 1: I wanted to take. The fact is I hadn't done

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Speaker 1: it myself. And sometimes that skin in the game can

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Speaker 1: be the perfect accountability paying to go to a jam.

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Speaker 1: Although the that can be true, right, people can pay uh,

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Speaker 1: and then they might sign a contract even to go

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Speaker 1: to a gym, and and then they don't actually follow

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Speaker 1: through and it's just wasted money. But if you're really

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Speaker 1: cheap like me, you better believe that I am there

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Speaker 1: every single day that I wanted, like that I'm planning

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Speaker 1: to be there, like I have not missed a freaking day,

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Speaker 1: because I'm gonna get my money's worth and be It's

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Speaker 1: just I don't know, it's like this mental thing that's

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Speaker 1: it's just clicked in my mind and I can't not

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Speaker 1: do it. But when it comes to your money. I

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Speaker 1: do think like you don't necessarily have to go straight

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Speaker 1: to a money coach and pay somebody to do it.

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Speaker 1: I think it can, although they can often be better

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Speaker 1: than some sort of financial advisor. Absolutely absolutely like somebody

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Speaker 1: who is more paying attention to you from like a

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Speaker 1: psychological and behavioral standpoint as opposed to giving you technical

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Speaker 1: investing advice something like that. But that being said, even

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Speaker 1: having a friend who has some similar shared life goals

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Speaker 1: or investing goals as you, I think can be a

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Speaker 1: massive boom when it comes to your money, and you're

430
00:18:54,520 --> 00:18:55,879
Speaker 1: probably thinking, well, how do I do that? Well, it

431
00:18:55,920 --> 00:18:58,919
Speaker 1: starts by just talking about money more right, like like

432
00:18:58,960 --> 00:19:01,280
Speaker 1: it's been a while since we've about this, but making

433
00:19:01,320 --> 00:19:05,320
Speaker 1: the topic of personal finances of money less taboo within

434
00:19:05,400 --> 00:19:08,600
Speaker 1: your your friends circle, like, start the conversation, and pretty soon,

435
00:19:08,840 --> 00:19:11,399
Speaker 1: like your entire group can all be kicking butt together,

436
00:19:11,800 --> 00:19:14,440
Speaker 1: making more money, spending less money, investing in a way

437
00:19:14,480 --> 00:19:17,120
Speaker 1: that's gonna propel you, you know, into your future years

438
00:19:17,160 --> 00:19:20,240
Speaker 1: with nothing to worry about doing it alongside other people.

439
00:19:20,400 --> 00:19:23,840
Speaker 1: Having that accountability can help you make progress more quickly,

440
00:19:23,880 --> 00:19:27,919
Speaker 1: both in your exercise endeavors and in your your personal

441
00:19:27,960 --> 00:19:30,760
Speaker 1: finance schools, and we've got a lot more lessons actually

442
00:19:30,760 --> 00:19:32,600
Speaker 1: that you and I that we have learned from working

443
00:19:32,600 --> 00:19:36,040
Speaker 1: out consistently over these past few months. Really it's it's

444
00:19:36,040 --> 00:19:37,960
Speaker 1: still we're still in the newbie phase. But we'll we'll

445
00:19:38,000 --> 00:19:41,000
Speaker 1: give kind of our thoughts on what we've learned about

446
00:19:41,000 --> 00:19:43,400
Speaker 1: exercise how that applies to personal finance. Well, we'll get

447
00:19:43,400 --> 00:19:54,400
Speaker 1: to that right after this. Alright, we're back from the break,

448
00:19:54,480 --> 00:19:57,840
Speaker 1: and we'll talk about how Joel taking shirtless picks, how

449
00:19:57,920 --> 00:20:02,040
Speaker 1: that has helped him to to stick with his workout

450
00:20:02,440 --> 00:20:06,040
Speaker 1: because my wife wants them. Okay, but well we'll get

451
00:20:06,080 --> 00:20:07,520
Speaker 1: to that in a little bit. But first, let's talk

452
00:20:07,560 --> 00:20:11,440
Speaker 1: about your feelings, because if you listen to your emotions,

453
00:20:11,560 --> 00:20:14,080
Speaker 1: you're not gonna get anywhere obviously. Like emotions, they are

454
00:20:14,080 --> 00:20:16,880
Speaker 1: a glorious part of being a human being, right, Like

455
00:20:17,680 --> 00:20:19,960
Speaker 1: being overcome with joy when you see your your little

456
00:20:20,000 --> 00:20:24,040
Speaker 1: baby take his or her first step like that is amazing. Emotions,

457
00:20:24,240 --> 00:20:26,160
Speaker 1: I mean that they just play such a meaningful role

458
00:20:26,240 --> 00:20:29,480
Speaker 1: in how we experience the world. But the anger I

459
00:20:29,480 --> 00:20:32,720
Speaker 1: feel towards you right now, that, however, if we let

460
00:20:32,760 --> 00:20:35,880
Speaker 1: those emotions take over the driver's seat, like we are

461
00:20:35,920 --> 00:20:38,040
Speaker 1: going to be bound to make some bad choices that

462
00:20:38,080 --> 00:20:41,159
Speaker 1: aren't in our best interest. Um. Like my my feelings

463
00:20:41,160 --> 00:20:44,000
Speaker 1: that they're often pushing me towards the easier choices that

464
00:20:44,160 --> 00:20:47,120
Speaker 1: might be the most satisfactory sure in the short term,

465
00:20:47,680 --> 00:20:50,120
Speaker 1: but that are not going to be in my long

466
00:20:50,240 --> 00:20:53,680
Speaker 1: term best interests. Eating the extra additional doughnut is short

467
00:20:53,760 --> 00:20:56,280
Speaker 1: term best interest happy, Joel, but it's not long term

468
00:20:56,280 --> 00:20:58,000
Speaker 1: best interest happy exactly. And when when it comes to

469
00:20:58,000 --> 00:21:00,639
Speaker 1: my money, the easiest choice it's often gonna be just

470
00:21:00,680 --> 00:21:03,560
Speaker 1: to give in to a knee jerk purchase. Right Like

471
00:21:03,600 --> 00:21:06,400
Speaker 1: that ad pops up in Instagram and I'm like, oh,

472
00:21:06,640 --> 00:21:09,119
Speaker 1: that looks awesome. I want that. I do want the

473
00:21:09,119 --> 00:21:11,760
Speaker 1: new pair of shorts in the mail two days from now, exactly.

474
00:21:11,960 --> 00:21:15,680
Speaker 1: We're regularly tempted to spend more money than we should, um,

475
00:21:15,720 --> 00:21:17,480
Speaker 1: but we need to stick with the plan that's going

476
00:21:17,560 --> 00:21:20,680
Speaker 1: to provide us with long term financial security, and that

477
00:21:20,720 --> 00:21:24,199
Speaker 1: means saving and investing when you just don't feel like it,

478
00:21:24,720 --> 00:21:26,840
Speaker 1: like it is still important at that point in time,

479
00:21:26,920 --> 00:21:28,880
Speaker 1: Like there there are many mornings when my alarm goes

480
00:21:28,880 --> 00:21:31,719
Speaker 1: off at five and I think, you know what, I

481
00:21:31,760 --> 00:21:34,199
Speaker 1: really just want to lie here in bed instead, I

482
00:21:34,240 --> 00:21:36,560
Speaker 1: do not want to get up, especially as it gets colder,

483
00:21:37,600 --> 00:21:40,840
Speaker 1: and because my bike in and so lately it hasn't

484
00:21:40,880 --> 00:21:44,120
Speaker 1: been too bad. It's been it's been pretty chilly. But yeah,

485
00:21:44,200 --> 00:21:45,840
Speaker 1: I mean in the dead o Winner, it's gonna be

486
00:21:46,000 --> 00:21:48,320
Speaker 1: a bit more. It's gonna take a little more discipline,

487
00:21:48,359 --> 00:21:50,639
Speaker 1: and I'm gonna have to remember that that I'm sticking

488
00:21:50,680 --> 00:21:53,520
Speaker 1: to the plan. And I that being said, it's like,

489
00:21:53,520 --> 00:21:55,600
Speaker 1: I don't want to completely discount emotions because I think

490
00:21:55,640 --> 00:21:59,040
Speaker 1: emotions can be really valuable when it comes to basically

491
00:21:59,320 --> 00:22:01,600
Speaker 1: like getting fed up with whatever it is that you're

492
00:22:01,640 --> 00:22:04,000
Speaker 1: fed up with, right, and so in this case, like

493
00:22:04,160 --> 00:22:06,919
Speaker 1: use your emotions to fuel you on to make the

494
00:22:06,960 --> 00:22:09,440
Speaker 1: positive changes in your life. But then when the going

495
00:22:09,480 --> 00:22:11,879
Speaker 1: gets tough, when the going gets rough or whatever, like,

496
00:22:12,080 --> 00:22:14,320
Speaker 1: don't fall back on your emotions and think, oh what

497
00:22:14,600 --> 00:22:16,520
Speaker 1: is me? Like, that's the point in which you need

498
00:22:16,560 --> 00:22:18,359
Speaker 1: to stick to the plan. Yeah, well, sometimes I actually

499
00:22:18,520 --> 00:22:20,919
Speaker 1: use those emotions to fuel me when I'm in the

500
00:22:20,920 --> 00:22:23,840
Speaker 1: middle of a workout, Like I'll use like David Goggin's

501
00:22:23,920 --> 00:22:25,680
Speaker 1: esque sort of language where I'm kind of like cursing

502
00:22:25,680 --> 00:22:27,520
Speaker 1: myself and call myself bad names just to kind of

503
00:22:27,800 --> 00:22:31,720
Speaker 1: keep me pushing on because I know, I know I

504
00:22:31,800 --> 00:22:34,560
Speaker 1: can do more. Verbally abuse yourself. I do occasionally I do.

505
00:22:34,640 --> 00:22:37,960
Speaker 1: I'm just gonna it's true. It's true. And something else, Matt,

506
00:22:38,000 --> 00:22:40,760
Speaker 1: that that we've at least I've learned from working out

507
00:22:40,960 --> 00:22:43,920
Speaker 1: is that a multifaceted approach is best. And that's something

508
00:22:44,000 --> 00:22:46,480
Speaker 1: across It does really well. They're kind of about making

509
00:22:46,520 --> 00:22:48,240
Speaker 1: sure that your whole body is in shape, right, They're

510
00:22:48,240 --> 00:22:50,359
Speaker 1: not just focusing on on one area. Yeah, we're not

511
00:22:50,359 --> 00:22:53,439
Speaker 1: isolating our biceps and doing doing curls. It's like, all right,

512
00:22:53,480 --> 00:22:56,200
Speaker 1: pick up this giant bag of or not bags, but yeah,

513
00:22:56,400 --> 00:22:59,239
Speaker 1: you're you're doing full body movements for sure. Exactly. And

514
00:22:59,320 --> 00:23:03,040
Speaker 1: imagine if you made running you're only exercise or maybe

515
00:23:03,119 --> 00:23:05,600
Speaker 1: you're like, I'm only gonna do hundred fifty push ups

516
00:23:05,640 --> 00:23:08,159
Speaker 1: every single day. If you opted to go either one

517
00:23:08,200 --> 00:23:10,560
Speaker 1: of those routes, it's not going to typically produce the

518
00:23:10,640 --> 00:23:14,399
Speaker 1: best results. And with the first one, your cardio is

519
00:23:14,400 --> 00:23:17,119
Speaker 1: gonna be legit. And if you opt for the second choice,

520
00:23:17,160 --> 00:23:20,160
Speaker 1: you're gonna have strong chest and arms. But that combo

521
00:23:20,280 --> 00:23:24,240
Speaker 1: of strengthen cardio, alternating between different types of workouts is

522
00:23:24,240 --> 00:23:26,760
Speaker 1: a better idea for you when it comes to getting

523
00:23:26,760 --> 00:23:29,159
Speaker 1: more fit overall. And on top of that, even if

524
00:23:29,200 --> 00:23:31,640
Speaker 1: you start working out for forty five minutes five days

525
00:23:31,640 --> 00:23:33,680
Speaker 1: a week, which is a lot, but if you still

526
00:23:33,720 --> 00:23:35,439
Speaker 1: eat like crap, you're not gonna be able to get

527
00:23:35,480 --> 00:23:37,600
Speaker 1: the results that you you might be dreaming of, that

528
00:23:37,640 --> 00:23:39,920
Speaker 1: you might be hoping for. And the same is true

529
00:23:40,000 --> 00:23:43,040
Speaker 1: with your money. Right. That's why we talk about earning, saving, investing,

530
00:23:43,040 --> 00:23:45,040
Speaker 1: and spending. We want to talk about all the different

531
00:23:45,040 --> 00:23:48,280
Speaker 1: facets of personal finances because if you focus too hard

532
00:23:48,320 --> 00:23:50,159
Speaker 1: on just one of these elements, you might be able

533
00:23:50,200 --> 00:23:53,119
Speaker 1: to make some progress, but doing them in tandem is

534
00:23:53,160 --> 00:23:56,520
Speaker 1: where you're gonna see the most results happen. That's right, man,

535
00:23:56,720 --> 00:23:59,679
Speaker 1: And okay, so our next lesson is to not follow

536
00:23:59,680 --> 00:24:02,480
Speaker 1: the fact ads. You know, back in the pandemic, a

537
00:24:02,520 --> 00:24:05,080
Speaker 1: lot of folks were buying Peloton bikes. Guess what, You

538
00:24:05,080 --> 00:24:07,399
Speaker 1: don't need a Peloton bike to get fit to get healthy,

539
00:24:07,440 --> 00:24:10,040
Speaker 1: but it's so nice and fancy the screen. You don't

540
00:24:10,080 --> 00:24:13,200
Speaker 1: need the new Peloton rower rowing machine, which I'm sure

541
00:24:13,359 --> 00:24:16,959
Speaker 1: you saw and rolled your eyes at that. And then

542
00:24:17,119 --> 00:24:18,639
Speaker 1: on top of it, you're gonna pay something like forty

543
00:24:18,640 --> 00:24:21,440
Speaker 1: dollars a month for the stupid subscription my water rower.

544
00:24:21,480 --> 00:24:23,040
Speaker 1: It's just like me and that thing is I got

545
00:24:23,040 --> 00:24:24,960
Speaker 1: it for four or fifty bucks on Craigslist and we're

546
00:24:24,960 --> 00:24:27,160
Speaker 1: having a good time. Yeah, Like and so I mean

547
00:24:27,160 --> 00:24:29,240
Speaker 1: I mentioned that because there's all sorts of things that

548
00:24:29,520 --> 00:24:31,840
Speaker 1: pop up that are going to entice us to either

549
00:24:32,040 --> 00:24:34,639
Speaker 1: join this little fat or to spend some money in

550
00:24:34,800 --> 00:24:36,280
Speaker 1: an effort to get fit, Like, like, you don't need

551
00:24:36,320 --> 00:24:38,720
Speaker 1: the newest diet you know that folks are talking about

552
00:24:38,880 --> 00:24:41,240
Speaker 1: on social media to lose weight undering the carnivore and

553
00:24:41,359 --> 00:24:44,119
Speaker 1: uh steaks only. Similarly, you don't need to invest in

554
00:24:44,400 --> 00:24:46,399
Speaker 1: like crypto to grow your wealth. You don't need to

555
00:24:46,400 --> 00:24:48,360
Speaker 1: get in on the ground floor of like the most

556
00:24:48,440 --> 00:24:51,480
Speaker 1: hyped I p o. You don't need to invest in

557
00:24:52,080 --> 00:24:55,840
Speaker 1: and fancy things like like art, whiskey, wine, like like

558
00:24:56,560 --> 00:25:00,679
Speaker 1: precious metals, all these different things that they're ads. Basically,

559
00:25:00,720 --> 00:25:02,960
Speaker 1: they're gonna come and they're gonna go, and so avoiding

560
00:25:03,000 --> 00:25:05,520
Speaker 1: them in the world of personal finance is going to

561
00:25:05,600 --> 00:25:07,200
Speaker 1: help you to stay focused and it's gonna help you

562
00:25:07,200 --> 00:25:08,800
Speaker 1: to avoid some of the traps that that others are

563
00:25:08,840 --> 00:25:11,480
Speaker 1: gonna fall into as opposed to focusing on the things

564
00:25:11,480 --> 00:25:14,120
Speaker 1: that are going to actually propel them forward. Yeah, trying

565
00:25:14,160 --> 00:25:17,240
Speaker 1: to find the nicest equipment or something like that, when

566
00:25:17,480 --> 00:25:19,359
Speaker 1: really what you need it's like that's almost like a

567
00:25:19,400 --> 00:25:23,000
Speaker 1: replacement for your own self discipline and for your own

568
00:25:23,040 --> 00:25:25,399
Speaker 1: ability to show up every day, and but that's not

569
00:25:25,480 --> 00:25:28,119
Speaker 1: actually what's going to move the needle in helping your

570
00:25:28,119 --> 00:25:30,560
Speaker 1: body get fit. And it's also important to mention that

571
00:25:30,600 --> 00:25:34,159
Speaker 1: progress isn't always smooth, Like it's not linear. Sometimes you

572
00:25:34,240 --> 00:25:35,960
Speaker 1: might get injured in the in the course of workout

573
00:25:36,000 --> 00:25:38,000
Speaker 1: mat you've already had what you you're always every day

574
00:25:38,000 --> 00:25:40,359
Speaker 1: you're wrapping around like cold packs around your elbows because

575
00:25:40,600 --> 00:25:42,320
Speaker 1: you have what was it called golfer's elbow? Is that

576
00:25:42,400 --> 00:25:44,840
Speaker 1: what you got? Tennis elbow? Tennis elbow? Okay, they're they're

577
00:25:44,880 --> 00:25:47,199
Speaker 1: different but similar. But yeah, those are the kind of

578
00:25:47,200 --> 00:25:49,439
Speaker 1: things like they're gonna at times they've set you back.

579
00:25:49,480 --> 00:25:51,240
Speaker 1: You've had to miss a workout day here or there,

580
00:25:51,320 --> 00:25:53,720
Speaker 1: or a kid gets sick, or you get sick, and

581
00:25:53,920 --> 00:25:58,359
Speaker 1: the reality is that your perfect workout routine, you're probably

582
00:25:58,359 --> 00:26:00,520
Speaker 1: not gonna hit it every single day for a whole year.

583
00:26:00,560 --> 00:26:02,840
Speaker 1: Like there are going to be things that happen. Life

584
00:26:02,880 --> 00:26:05,520
Speaker 1: is going to happen, and you're not going to progress

585
00:26:05,520 --> 00:26:07,920
Speaker 1: like clockwork, and you've got to be able to adapt,

586
00:26:08,080 --> 00:26:11,080
Speaker 1: not letting those inevitable bumps in the road derail your

587
00:26:11,119 --> 00:26:14,840
Speaker 1: progress altogether. And it's the same is true with your money. Ryan.

588
00:26:14,920 --> 00:26:17,080
Speaker 1: Keep in mind that your budget is not always going

589
00:26:17,119 --> 00:26:19,840
Speaker 1: to be this thing of perfection where you hit every

590
00:26:19,880 --> 00:26:22,840
Speaker 1: category perfectly every single month. You're gonna spend too much

591
00:26:22,840 --> 00:26:25,359
Speaker 1: in a given category because life happens. You ended up

592
00:26:25,560 --> 00:26:27,320
Speaker 1: going up to eat having drinks with a friend after

593
00:26:27,800 --> 00:26:29,320
Speaker 1: after work, and that wasn't in your budget, so you

594
00:26:29,400 --> 00:26:31,719
Speaker 1: gotta cut back somewhere else in order to kind of

595
00:26:31,760 --> 00:26:35,399
Speaker 1: maintain balance. That's okay. This is also why we stress

596
00:26:35,480 --> 00:26:38,000
Speaker 1: up the importance of building up an emergency fund, which

597
00:26:38,040 --> 00:26:41,280
Speaker 1: allows you to financial flexibility to not derail your progress

598
00:26:41,480 --> 00:26:44,960
Speaker 1: when unforeseen expenses pop up in your life. Making progress

599
00:26:44,960 --> 00:26:48,680
Speaker 1: with your personal finances in building well, that takes self discipline,

600
00:26:48,880 --> 00:26:51,679
Speaker 1: it takes staying after it. But that doesn't mean that

601
00:26:51,680 --> 00:26:54,200
Speaker 1: there aren't going to be bulips along the way kind

602
00:26:54,240 --> 00:26:58,320
Speaker 1: of inhibiting your progress even on that perpetual march upwards. Yeah.

603
00:26:58,359 --> 00:27:00,240
Speaker 1: Well so I mean you mentioned kind of getting in jured.

604
00:27:00,400 --> 00:27:02,879
Speaker 1: I think another sort of mini lesson would be to

605
00:27:02,880 --> 00:27:05,000
Speaker 1: to not push yourself too hard, because that's how I

606
00:27:05,040 --> 00:27:07,880
Speaker 1: got injured basically. You know, like I go into the gym,

607
00:27:07,960 --> 00:27:09,800
Speaker 1: I think I'm fairly I'm a fairly fit dude, try

608
00:27:09,800 --> 00:27:12,160
Speaker 1: to impress everybody still think I'm twenty five years old basically,

609
00:27:12,320 --> 00:27:15,840
Speaker 1: and I completely overload myself. Uh, not to mention, I've

610
00:27:15,880 --> 00:27:18,560
Speaker 1: got terrible technique because I'm doing these like Olympic movements

611
00:27:18,560 --> 00:27:20,919
Speaker 1: that I've never done before. Like literally my entire life,

612
00:27:20,960 --> 00:27:23,080
Speaker 1: I've never done a movement like this, and all of

613
00:27:23,119 --> 00:27:25,360
Speaker 1: a sudden, I think I can show up and do

614
00:27:25,440 --> 00:27:29,360
Speaker 1: what everybody else is doing. Well, guess what I can't. Uh,

615
00:27:29,400 --> 00:27:32,080
Speaker 1: And that is how I got tendonitis in my elbow.

616
00:27:32,119 --> 00:27:34,320
Speaker 1: And so I think the financial lesson here is to

617
00:27:34,440 --> 00:27:36,880
Speaker 1: realize that, like you've got to be patient, you can't

618
00:27:36,920 --> 00:27:40,000
Speaker 1: push yourself too hard, because if you're going after certain

619
00:27:40,040 --> 00:27:42,800
Speaker 1: financial goals too hard, like if you're like paying off debt,

620
00:27:42,880 --> 00:27:46,200
Speaker 1: or if you're going after financial independence with too much fervor,

621
00:27:46,359 --> 00:27:49,320
Speaker 1: like you've got a chance in setting yourself back right,

622
00:27:49,320 --> 00:27:50,879
Speaker 1: like not only will you not achieve be able to

623
00:27:50,880 --> 00:27:53,199
Speaker 1: achieve it sooner, it might even take you longer. If

624
00:27:53,240 --> 00:27:55,560
Speaker 1: that's where I am now, I'm in my elbows. I'm

625
00:27:55,560 --> 00:27:57,760
Speaker 1: having to take it easy, make sure I've got my

626
00:27:57,800 --> 00:28:00,760
Speaker 1: technique right. Like I'm having a watching upid videos to

627
00:28:00,840 --> 00:28:02,359
Speaker 1: be like, Okay, that's how you do it. Okay, you

628
00:28:02,359 --> 00:28:05,879
Speaker 1: could lift smarter, not harder kind of thing. Uh. And

629
00:28:05,920 --> 00:28:08,000
Speaker 1: so when it comes to your finances, though, it's important

630
00:28:08,040 --> 00:28:10,479
Speaker 1: to keep that in mind. They're going to be periods

631
00:28:10,480 --> 00:28:13,040
Speaker 1: where you see some growth when it comes to your

632
00:28:13,040 --> 00:28:15,320
Speaker 1: debt payoff or the you know, your net worth, but

633
00:28:15,320 --> 00:28:17,160
Speaker 1: they're also going to be periods of time when things

634
00:28:17,160 --> 00:28:20,000
Speaker 1: slow down a little bit, or even times when it

635
00:28:20,040 --> 00:28:22,280
Speaker 1: feels like you're making backwards progress a little bit, where

636
00:28:22,280 --> 00:28:24,760
Speaker 1: you're you're falling behind a little bit because you have

637
00:28:24,880 --> 00:28:27,520
Speaker 1: pushed yourself too hard, and you want to also make

638
00:28:27,560 --> 00:28:30,120
Speaker 1: sure you avoid that burnout. Yeah, Manton, And I think

639
00:28:30,440 --> 00:28:32,480
Speaker 1: partly what you're saying here is that results take time,

640
00:28:32,920 --> 00:28:35,359
Speaker 1: and you gotta be patient. Yeah. The more quickly you

641
00:28:35,400 --> 00:28:38,240
Speaker 1: try to accelerate things, sometimes it has the opposite impact.

642
00:28:38,480 --> 00:28:42,160
Speaker 1: Or sometimes we we just get overwhelmed because we can't

643
00:28:42,200 --> 00:28:44,560
Speaker 1: keep up that pace. And most of us are going

644
00:28:44,640 --> 00:28:46,880
Speaker 1: to achieve our fitness goals overnight. I know I'm not

645
00:28:46,920 --> 00:28:49,040
Speaker 1: gonna achieve mind overnight. It's gonna take me quite a while,

646
00:28:49,240 --> 00:28:52,760
Speaker 1: and I'll probably always be kind of refining that goal

647
00:28:52,960 --> 00:28:55,360
Speaker 1: of where I want to be. And let's say you

648
00:28:55,440 --> 00:28:57,480
Speaker 1: are the kind of person who is able to achieve

649
00:28:57,480 --> 00:28:59,400
Speaker 1: their fitness goals in no time flat, you might need

650
00:28:59,440 --> 00:29:00,800
Speaker 1: to aim a little hire, right, You might need to

651
00:29:00,800 --> 00:29:03,200
Speaker 1: set your goals a little bit further on down the road.

652
00:29:03,440 --> 00:29:05,400
Speaker 1: If it took you three weeks to get there, well,

653
00:29:05,520 --> 00:29:07,640
Speaker 1: you know what, maybe you should be setting a more

654
00:29:07,640 --> 00:29:09,960
Speaker 1: ambitious goal. Yeah, and it's probably okay to have like

655
00:29:10,080 --> 00:29:11,840
Speaker 1: different three week goals. That's probably a good way to

656
00:29:11,840 --> 00:29:13,640
Speaker 1: do it, to take it up into small chunks. But

657
00:29:13,680 --> 00:29:15,880
Speaker 1: if like you're like done, achieved now, I'm gonna get

658
00:29:15,920 --> 00:29:17,960
Speaker 1: back on the couch, like that's that's probably not great.

659
00:29:18,160 --> 00:29:20,960
Speaker 1: But the studies show that it takes something like twelve

660
00:29:20,960 --> 00:29:24,440
Speaker 1: training sessions to see any physical progress, and you're actually

661
00:29:24,520 --> 00:29:27,560
Speaker 1: unlikely to see much of any real muscle building and

662
00:29:27,640 --> 00:29:30,080
Speaker 1: close until closer to something like eight teen training sessions.

663
00:29:30,160 --> 00:29:32,080
Speaker 1: That's like at least a month if you're taking days

664
00:29:32,080 --> 00:29:34,520
Speaker 1: off and stuff like that. The realities. You might start

665
00:29:34,560 --> 00:29:36,720
Speaker 1: feeling better before them, but your body is not gonna

666
00:29:36,720 --> 00:29:39,080
Speaker 1: look much different after a couple of weeks of working out.

667
00:29:39,240 --> 00:29:41,880
Speaker 1: It's likely going to take something like three months before

668
00:29:41,920 --> 00:29:44,240
Speaker 1: you start seeing a real impact on your physique. And

669
00:29:44,280 --> 00:29:46,840
Speaker 1: so we would say be patient, be prepared to work

670
00:29:47,360 --> 00:29:50,960
Speaker 1: without seeing progress for a meaningful period of time. And

671
00:29:51,000 --> 00:29:52,440
Speaker 1: that can be disheartening, mat because I'm the kind of

672
00:29:52,440 --> 00:29:53,760
Speaker 1: guy who, like, I want to I want to get

673
00:29:53,800 --> 00:29:55,080
Speaker 1: that exercise done, and I want to go look at

674
00:29:55,120 --> 00:29:56,800
Speaker 1: myself in the mirror see if there's been any change,

675
00:29:56,800 --> 00:29:58,600
Speaker 1: and well, there is a change, at least mentally, right,

676
00:29:58,680 --> 00:30:02,280
Speaker 1: because you're all you're all like you got the pump, yeah, yeah,

677
00:30:02,280 --> 00:30:04,040
Speaker 1: the blood flow, and so for a second, but then

678
00:30:04,080 --> 00:30:05,400
Speaker 1: I go back in there and like you go into

679
00:30:05,400 --> 00:30:07,440
Speaker 1: the c Emily, she's like making coffee and you're like, hey,

680
00:30:07,520 --> 00:30:11,760
Speaker 1: check me out. She's like, you look fine, but not

681
00:30:12,000 --> 00:30:14,000
Speaker 1: much to write home about. But yeah, if you've been

682
00:30:14,040 --> 00:30:16,080
Speaker 1: listening to our show for any length of time, you've

683
00:30:16,080 --> 00:30:19,360
Speaker 1: heard us talk about the magic of compounding returns, and

684
00:30:19,760 --> 00:30:22,680
Speaker 1: over time, the money you've invested has a snowball like

685
00:30:22,720 --> 00:30:25,400
Speaker 1: effect growing on itself. But the thing is neither of

686
00:30:25,440 --> 00:30:28,600
Speaker 1: these things, like your physical progress nor your wealth building

687
00:30:28,640 --> 00:30:32,320
Speaker 1: progress becomes really noticeable until further down the road. It

688
00:30:32,320 --> 00:30:34,160
Speaker 1: takes time. Yeah, you just have to be content knowing

689
00:30:34,160 --> 00:30:36,960
Speaker 1: that you're doing the right things without seeing major progress,

690
00:30:37,000 --> 00:30:39,320
Speaker 1: without seeing that progress in the mirror, without seeing that

691
00:30:39,360 --> 00:30:42,640
Speaker 1: progress in your inside of your investment account for retirement,

692
00:30:42,720 --> 00:30:45,160
Speaker 1: like where you know you're doing the right thing, but

693
00:30:45,240 --> 00:30:48,280
Speaker 1: the results are going to show up further into the future. Yeah. Well,

694
00:30:48,440 --> 00:30:49,800
Speaker 1: you know, I think one of the ways that you

695
00:30:49,840 --> 00:30:52,800
Speaker 1: can allow yourself, like, one way that you can keep

696
00:30:52,800 --> 00:30:56,200
Speaker 1: yourself from being too impatient is by documenting your progress.

697
00:30:56,200 --> 00:30:57,520
Speaker 1: I think that can help a lot. This is where

698
00:30:57,560 --> 00:31:03,040
Speaker 1: those shirts yeah exactly. Uh, and so tracking and celebrating

699
00:31:03,080 --> 00:31:06,640
Speaker 1: your achievements, I think that actually it begets more progress.

700
00:31:06,760 --> 00:31:08,120
Speaker 1: You know, Like like a lot of folks out there,

701
00:31:08,280 --> 00:31:10,920
Speaker 1: like they'll take those pictures of their their flabby body

702
00:31:10,960 --> 00:31:13,240
Speaker 1: before the first workout, and then they take a picture

703
00:31:13,360 --> 00:31:15,320
Speaker 1: like every month or so. It's kind of like taking

704
00:31:15,400 --> 00:31:18,400
Speaker 1: pictures before you renovate a house. It's gonna help you

705
00:31:18,400 --> 00:31:20,920
Speaker 1: to appreciate the finished product so much more. For a

706
00:31:20,960 --> 00:31:22,880
Speaker 1: lot of folks, that's just them hopping on the scale.

707
00:31:22,880 --> 00:31:26,640
Speaker 1: They've got like a certain goal weight that they're trying

708
00:31:26,680 --> 00:31:29,320
Speaker 1: to achieve. And so when it comes to your money,

709
00:31:29,600 --> 00:31:32,360
Speaker 1: this means tracking the progress that you're making towards your

710
00:31:32,440 --> 00:31:35,120
Speaker 1: financial goals. So how much have you saved in uh,

711
00:31:35,120 --> 00:31:37,800
Speaker 1: in those savings buckets, or you're sinking funds for your

712
00:31:37,840 --> 00:31:40,640
Speaker 1: beach vacation next summer. Maybe maybe it means keeping track

713
00:31:40,680 --> 00:31:43,000
Speaker 1: of your net worth as well, because I think over

714
00:31:43,400 --> 00:31:47,360
Speaker 1: time that can be just a really encouraging data point

715
00:31:47,360 --> 00:31:48,960
Speaker 1: to help you to see that, you know, what, I

716
00:31:49,000 --> 00:31:51,520
Speaker 1: am making progress. But especially in a year like this one,

717
00:31:51,720 --> 00:31:53,440
Speaker 1: you might you know, you might see it slump for

718
00:31:53,480 --> 00:31:56,440
Speaker 1: a little bit, but on average, that number it should

719
00:31:56,480 --> 00:31:59,360
Speaker 1: be going up into the right over time. Uh. And

720
00:31:59,400 --> 00:32:01,680
Speaker 1: so we want you to document that progress because it

721
00:32:01,720 --> 00:32:04,280
Speaker 1: can be a motivating tool that's going to push you

722
00:32:04,600 --> 00:32:08,520
Speaker 1: towards continued progress. Whether that's using software like personal Capital

723
00:32:08,600 --> 00:32:10,960
Speaker 1: to track your net worth or even uh yeah, like

724
00:32:11,040 --> 00:32:14,360
Speaker 1: Mints that allows you to automatically track your expenses. Whatever

725
00:32:14,400 --> 00:32:16,480
Speaker 1: tool it is that's going to work for you, that's

726
00:32:16,480 --> 00:32:17,959
Speaker 1: what we want you to use. Yeah, And Mint's got

727
00:32:18,040 --> 00:32:21,120
Speaker 1: a helpful network tracker as well, So either one that

728
00:32:21,160 --> 00:32:24,160
Speaker 1: you use like find something or if you're just keeping

729
00:32:24,200 --> 00:32:26,640
Speaker 1: it manually, that's fine, but or whatever it's going to

730
00:32:26,760 --> 00:32:28,520
Speaker 1: take to help you kind of keep track of that number,

731
00:32:28,600 --> 00:32:31,520
Speaker 1: because the reality is, Matt, let's say you didn't see

732
00:32:31,560 --> 00:32:33,720
Speaker 1: my three year old for five years, and so right

733
00:32:33,720 --> 00:32:35,200
Speaker 1: now you know him as a little three year old

734
00:32:35,280 --> 00:32:38,560
Speaker 1: dude running around playing with trucks. But by the time

735
00:32:38,560 --> 00:32:41,720
Speaker 1: he turns eight, he's gonna be a completely different, different kid.

736
00:32:41,840 --> 00:32:43,360
Speaker 1: He's going to be grown up, he's going to be

737
00:32:43,360 --> 00:32:46,800
Speaker 1: into completely different things. It's just amazing how when we're

738
00:32:46,800 --> 00:32:50,440
Speaker 1: seeing somebody every day, we we forget where they started, right,

739
00:32:50,800 --> 00:32:53,560
Speaker 1: And so the more you document that progress, you remember

740
00:32:53,640 --> 00:32:56,240
Speaker 1: where you were five years ago, as opposed to just like, yeah,

741
00:32:56,320 --> 00:32:57,720
Speaker 1: I feel like i've made some progress, but I'm not

742
00:32:57,800 --> 00:33:00,000
Speaker 1: sure how much you context. He gives you the context

743
00:33:00,320 --> 00:33:03,080
Speaker 1: by keeping track of the progress you've made, and it's

744
00:33:03,120 --> 00:33:06,520
Speaker 1: really important, I think, to your motivation and helping you

745
00:33:06,520 --> 00:33:08,720
Speaker 1: get a visceral understanding of just how much progress you've

746
00:33:08,720 --> 00:33:11,080
Speaker 1: actually been able to make instead of just knowing that

747
00:33:11,120 --> 00:33:13,360
Speaker 1: you've made some progress, you're like, no, no, here's how

748
00:33:13,440 --> 00:33:15,400
Speaker 1: much progress I made and here's how I'm doing it.

749
00:33:15,440 --> 00:33:18,600
Speaker 1: Because it can if you're not tracking well enough, and

750
00:33:18,640 --> 00:33:20,880
Speaker 1: you're not thinking through the progress you've made, you can

751
00:33:20,920 --> 00:33:23,040
Speaker 1: get discouraged. You're like, am I really how am I

752
00:33:23,040 --> 00:33:25,160
Speaker 1: really doing? Okay, Like I feel like I'm making changes,

753
00:33:25,200 --> 00:33:27,400
Speaker 1: but I'm not sure if they're having the impact that

754
00:33:27,840 --> 00:33:30,000
Speaker 1: I desire. But the more you can document when it

755
00:33:30,040 --> 00:33:32,480
Speaker 1: comes to exercise, whether it's the like you said, the

756
00:33:32,520 --> 00:33:36,680
Speaker 1: number on the scale or the shirtless pick in my case,

757
00:33:37,280 --> 00:33:39,280
Speaker 1: either way or in the same in same By tracking

758
00:33:39,280 --> 00:33:41,600
Speaker 1: your net worth and tracking your progress on goals that

759
00:33:41,640 --> 00:33:43,920
Speaker 1: you're saving for, it can help you realize just how

760
00:33:44,000 --> 00:33:46,200
Speaker 1: much progress you actually are making, and it makes you

761
00:33:46,240 --> 00:33:48,440
Speaker 1: more in tune really with the progress that you're making.

762
00:33:48,480 --> 00:33:50,200
Speaker 1: It makes you more thankful for what you've been able

763
00:33:50,240 --> 00:33:52,280
Speaker 1: to achieve. Sure, And I mean the other thing too,

764
00:33:52,440 --> 00:33:54,680
Speaker 1: is it doesn't take some fancy software like like I

765
00:33:54,720 --> 00:33:57,240
Speaker 1: mentioned a few different options out there, because there's some

766
00:33:57,280 --> 00:33:58,680
Speaker 1: of the more popular ones, but it could be as

767
00:33:58,760 --> 00:34:01,640
Speaker 1: simple as you drawing up a bar graph on a

768
00:34:01,680 --> 00:34:03,920
Speaker 1: sheet of notebook paper. Right. And if it's if you've

769
00:34:03,960 --> 00:34:06,200
Speaker 1: got like a debt payoff goal, well, every time you

770
00:34:06,200 --> 00:34:08,240
Speaker 1: pay off a thousand bucks, maybe that's you just coloring

771
00:34:08,280 --> 00:34:09,840
Speaker 1: it in up to the next line. Right, and so

772
00:34:09,880 --> 00:34:13,360
Speaker 1: it doesn't have to be the super sophisticated, fancy fancy

773
00:34:13,480 --> 00:34:15,560
Speaker 1: app or something like that where it's all integrated. It

774
00:34:15,600 --> 00:34:17,680
Speaker 1: can literally just be you sitting down and coloring it

775
00:34:17,719 --> 00:34:21,680
Speaker 1: in with a crayon. But we actually have several other

776
00:34:21,920 --> 00:34:23,799
Speaker 1: lessons that we want to share with you that we've

777
00:34:23,880 --> 00:34:26,640
Speaker 1: learned from going full cross it on our money, including

778
00:34:27,200 --> 00:34:29,960
Speaker 1: at my gym, what a seven year old lady has

779
00:34:29,960 --> 00:34:32,520
Speaker 1: in common with like a twenty five year old marine.

780
00:34:32,920 --> 00:34:35,680
Speaker 1: Will get to that, plus several other lessons right after this.

781
00:34:45,400 --> 00:34:48,640
Speaker 1: All right, Matt, we are back. We're still talking about exercise.

782
00:34:48,680 --> 00:34:50,880
Speaker 1: The lessons that we have learned from just I don't know,

783
00:34:50,880 --> 00:34:53,960
Speaker 1: like two and a half to three months of exercising regularly,

784
00:34:54,440 --> 00:34:57,760
Speaker 1: and neither of us, like you can tell a little

785
00:34:57,760 --> 00:34:59,479
Speaker 1: bit I think in our physical physiques. But no one's

786
00:34:59,480 --> 00:35:01,440
Speaker 1: going to be like overwhelmed by the muscle masks we

787
00:35:01,480 --> 00:35:04,080
Speaker 1: put on or anything like that. Definitely is like, oh yeah,

788
00:35:04,480 --> 00:35:09,000
Speaker 1: she likes it. I'm not gonna get into that. I

789
00:35:09,000 --> 00:35:10,960
Speaker 1: feel like folks are gonna want pictures of us now

790
00:35:11,040 --> 00:35:13,520
Speaker 1: I'm not gonna happen. I'm not gonna happen. It's gonna

791
00:35:13,520 --> 00:35:16,680
Speaker 1: take some Russian hacker breaking into my Google. My wife's

792
00:35:18,120 --> 00:35:19,680
Speaker 1: she literally took pics of me last night. She's like,

793
00:35:19,719 --> 00:35:21,840
Speaker 1: come on, line up, Like, okay, all right, I'll do it.

794
00:35:22,000 --> 00:35:23,520
Speaker 1: But it's good. I want to document the progress. I

795
00:35:23,560 --> 00:35:24,759
Speaker 1: want to be able to look back and be like,

796
00:35:24,840 --> 00:35:27,120
Speaker 1: look at what a whip I was, just like a

797
00:35:27,440 --> 00:35:30,200
Speaker 1: weakling I was. It's going to be encouraging after several

798
00:35:30,239 --> 00:35:32,399
Speaker 1: more months. I mean, honestly, even now, I'm sure you've

799
00:35:32,400 --> 00:35:35,000
Speaker 1: been able to see a result between where you started.

800
00:35:36,120 --> 00:35:39,280
Speaker 1: Have the beginning of trap zoid muscles, Like, that's amazing.

801
00:35:39,320 --> 00:35:41,120
Speaker 1: I've never had those before. Is that a trap as well?

802
00:35:41,120 --> 00:35:44,640
Speaker 1: We don't. I knew they existed in like fiction, but

803
00:35:44,760 --> 00:35:47,279
Speaker 1: I didn't realize that I could actually have something. Well.

804
00:35:47,680 --> 00:35:51,520
Speaker 1: But so we have learned lessons already, but we didn't

805
00:35:51,520 --> 00:35:53,560
Speaker 1: want to like wait five years down the road because

806
00:35:53,560 --> 00:35:55,360
Speaker 1: like we're actually kind of learning these lessons. We're in

807
00:35:55,400 --> 00:35:57,319
Speaker 1: the middle of figuring some of this stuff out. So

808
00:35:57,440 --> 00:35:59,200
Speaker 1: we thought it was a good idea to share those

809
00:35:59,200 --> 00:36:01,480
Speaker 1: things with you now in the moment. Yeah, And one

810
00:36:01,520 --> 00:36:03,760
Speaker 1: of the things I think we've learned is that it's important,

811
00:36:03,960 --> 00:36:05,800
Speaker 1: at least that I've learned is to make it fun.

812
00:36:06,040 --> 00:36:08,080
Speaker 1: Because when you can, when you can turn your workouts

813
00:36:08,120 --> 00:36:10,600
Speaker 1: into a sort of game, we'd say you've unlocked kind

814
00:36:10,600 --> 00:36:12,640
Speaker 1: of a cheat code that will keep you at it

815
00:36:12,680 --> 00:36:14,799
Speaker 1: over the long haul. Makes me think of Matt like

816
00:36:15,360 --> 00:36:18,080
Speaker 1: I have never been into running, Like running through a

817
00:36:18,080 --> 00:36:20,200
Speaker 1: neighborhood sounds like the most boring thing possible to me.

818
00:36:20,360 --> 00:36:22,160
Speaker 1: I know you like to do that sometimes, but for me,

819
00:36:22,440 --> 00:36:24,600
Speaker 1: I think it's the worst. And but if but if

820
00:36:24,600 --> 00:36:26,839
Speaker 1: I'm trail running, and if I'm on one of our

821
00:36:26,880 --> 00:36:30,719
Speaker 1: our local National park trails in our backyard, then I

822
00:36:30,719 --> 00:36:32,680
Speaker 1: have a completely different experience. I'm out in nature. I

823
00:36:32,719 --> 00:36:34,759
Speaker 1: don't mind running for a couple of miles if if

824
00:36:34,800 --> 00:36:37,920
Speaker 1: that's the case, or bike riding for instance, right like

825
00:36:38,040 --> 00:36:39,560
Speaker 1: I think if it is a way to get around town,

826
00:36:39,560 --> 00:36:41,080
Speaker 1: like I don't even always have to think about it

827
00:36:41,120 --> 00:36:43,919
Speaker 1: as some sort of workout device, but I don't mind

828
00:36:44,000 --> 00:36:46,600
Speaker 1: kind of going hard on the bike. But again, like

829
00:36:46,680 --> 00:36:48,880
Speaker 1: running through the neighborhood just bores the mess out of me.

830
00:36:48,920 --> 00:36:52,279
Speaker 1: And so for you, yeah, find something that you find enjoyable.

831
00:36:52,320 --> 00:36:55,040
Speaker 1: And if you can find like joy in the doing

832
00:36:55,280 --> 00:36:57,279
Speaker 1: of the working out, I think it can make a

833
00:36:57,280 --> 00:37:01,120
Speaker 1: big difference. In your ability to sustain it. Well. Again,

834
00:37:01,480 --> 00:37:03,480
Speaker 1: not to sound like someone who's chilling for cross fit

835
00:37:04,440 --> 00:37:06,759
Speaker 1: for your local CrossFit gym, but that's one of the

836
00:37:06,800 --> 00:37:10,560
Speaker 1: things I love so much about doing CrossFit is the programming.

837
00:37:10,600 --> 00:37:12,719
Speaker 1: Like you go in there and I mean I go

838
00:37:12,800 --> 00:37:14,640
Speaker 1: three times a week now and not once have I

839
00:37:14,680 --> 00:37:17,040
Speaker 1: done the exact same workout ever. I mean there you're

840
00:37:17,080 --> 00:37:19,480
Speaker 1: always like you're doing the same movements, but it's just

841
00:37:19,480 --> 00:37:22,880
Speaker 1: different combinations of movements. They're doing them in different orders,

842
00:37:22,920 --> 00:37:26,959
Speaker 1: different reps, different like max amounts. I'm still learning the terminology.

843
00:37:27,320 --> 00:37:29,640
Speaker 1: But because that it is, it's novel. Every time you

844
00:37:29,680 --> 00:37:32,040
Speaker 1: come in, they're they're able to keep it fresh. It

845
00:37:32,120 --> 00:37:34,720
Speaker 1: truly it makes it fun and it keeps me interested,

846
00:37:34,760 --> 00:37:37,280
Speaker 1: it keeps me engaged, and I literally want to continue

847
00:37:37,320 --> 00:37:39,840
Speaker 1: to be there. I'm never bombed that I'm there, Like

848
00:37:39,840 --> 00:37:42,359
Speaker 1: when I show up, I'm really unexcited to be there

849
00:37:42,360 --> 00:37:45,400
Speaker 1: and to get my fitness on. But again, let's like

850
00:37:45,440 --> 00:37:47,600
Speaker 1: translate this, what does this mean for your money? Well, like,

851
00:37:47,640 --> 00:37:50,120
Speaker 1: this is why we did an episode about the gamification

852
00:37:50,320 --> 00:37:53,319
Speaker 1: of money. This is uh a while ago actually back

853
00:37:53,320 --> 00:37:58,200
Speaker 1: at it was EPISODEE. But creating smaller and and more achievable,

854
00:37:58,360 --> 00:38:01,160
Speaker 1: bite sized goals that can help you to make progress

855
00:38:01,160 --> 00:38:03,839
Speaker 1: more quickly. It can from a mental standpoint, I think

856
00:38:03,840 --> 00:38:06,040
Speaker 1: it can allow you to feel like that you're making

857
00:38:06,080 --> 00:38:08,360
Speaker 1: some of that forward progress. Uh. And so maybe that

858
00:38:08,400 --> 00:38:11,520
Speaker 1: means instituting a no spend month, Like that's another way

859
00:38:11,560 --> 00:38:14,719
Speaker 1: to gamify your ability to make progress, because by on line,

860
00:38:14,760 --> 00:38:17,560
Speaker 1: if you're taking your personal finances too seriously, you know,

861
00:38:17,680 --> 00:38:20,160
Speaker 1: like if you are up to your your eyeballs and

862
00:38:20,160 --> 00:38:22,920
Speaker 1: spreadsheets and that's not something you like. I mean, that's

863
00:38:22,920 --> 00:38:24,959
Speaker 1: something that I like, but for a lot of people

864
00:38:25,040 --> 00:38:27,160
Speaker 1: that's what they think of as like the drudgery when

865
00:38:27,160 --> 00:38:29,680
Speaker 1: it comes to, you know, being smarter with their money.

866
00:38:29,920 --> 00:38:31,480
Speaker 1: If you're doing that and you find that you don't

867
00:38:31,520 --> 00:38:34,480
Speaker 1: like it, will find ways to make handling your finances

868
00:38:34,560 --> 00:38:37,080
Speaker 1: just more fun, uh and for it to feel like

869
00:38:37,320 --> 00:38:39,080
Speaker 1: less of a burden to you. Yeah, I mean makes

870
00:38:39,120 --> 00:38:40,600
Speaker 1: me think even to the beginning of the year, Matt,

871
00:38:40,640 --> 00:38:43,480
Speaker 1: when we instituted to Sell Your Stuff Challenge. We challenge

872
00:38:43,480 --> 00:38:45,680
Speaker 1: our listeners to download this PDF that we created and

873
00:38:45,719 --> 00:38:48,759
Speaker 1: we said, can you sell fifty two things one thing

874
00:38:48,760 --> 00:38:51,359
Speaker 1: a week for the entire year, and how much money

875
00:38:51,400 --> 00:38:52,839
Speaker 1: can you make at the end of the day, can

876
00:38:52,880 --> 00:38:56,840
Speaker 1: you declutter your house and also find more money that

877
00:38:57,040 --> 00:38:59,799
Speaker 1: you didn't have? And I'm really curious to see there

878
00:38:59,880 --> 00:39:01,440
Speaker 1: was also the end of the year, how many of

879
00:39:01,480 --> 00:39:03,439
Speaker 1: our listeners followed through how much money they were able

880
00:39:03,480 --> 00:39:06,560
Speaker 1: to make. But the truth is when you gamify it,

881
00:39:06,560 --> 00:39:08,680
Speaker 1: when you turn it into some sort of challenge, you're

882
00:39:08,719 --> 00:39:10,840
Speaker 1: more likely to rise up to that challenge as opposed

883
00:39:10,840 --> 00:39:12,719
Speaker 1: to be like, I don't know, maybe I'll sell some

884
00:39:12,719 --> 00:39:14,560
Speaker 1: stuff or have a yard sale or something like that.

885
00:39:14,719 --> 00:39:16,680
Speaker 1: But if it's a challenge, it takes on like a

886
00:39:16,719 --> 00:39:19,000
Speaker 1: new significance. And so I do think that's a really

887
00:39:19,040 --> 00:39:21,799
Speaker 1: important way. It's a really it's a really great tool

888
00:39:21,880 --> 00:39:24,160
Speaker 1: to help you make progress more quickly. I think it's

889
00:39:24,160 --> 00:39:27,239
Speaker 1: important to note that you can do more than you

890
00:39:27,280 --> 00:39:30,040
Speaker 1: think as well. I think, um the realities that are

891
00:39:30,080 --> 00:39:33,399
Speaker 1: our minds often fail before our bodies do. When we're

892
00:39:33,400 --> 00:39:36,760
Speaker 1: working out, it's it's not that our muscles can't handle

893
00:39:37,280 --> 00:39:39,120
Speaker 1: going a little bit longer, going a little bit further,

894
00:39:39,200 --> 00:39:41,000
Speaker 1: or lifting a little bit more. It's just that we

895
00:39:41,040 --> 00:39:45,120
Speaker 1: impose artificial limitations on ourselves, which inhibits our ability to

896
00:39:45,200 --> 00:39:48,480
Speaker 1: make progress. And I mentioned David Goggins earlier, who's just

897
00:39:48,520 --> 00:39:51,520
Speaker 1: like really fascinating guy who was basically he was obese

898
00:39:51,560 --> 00:39:54,799
Speaker 1: and he became a marine and now he's just a

899
00:39:54,840 --> 00:39:57,359
Speaker 1: complete beast. He can do like four thousand push ups

900
00:39:57,440 --> 00:39:59,799
Speaker 1: or something in today, which is insane, but he's just

901
00:39:59,840 --> 00:40:02,480
Speaker 1: a true monster. And he would say that increasing your

902
00:40:02,480 --> 00:40:05,080
Speaker 1: mental strength is key to being able to tap into

903
00:40:05,080 --> 00:40:08,520
Speaker 1: those deeper reservoirs of physical strength that you have. And

904
00:40:08,560 --> 00:40:10,120
Speaker 1: the same is true when it comes to our money.

905
00:40:10,120 --> 00:40:12,879
Speaker 1: Because we are far less limited than we think we are.

906
00:40:13,280 --> 00:40:15,600
Speaker 1: There are of course mental hurdles that we have to

907
00:40:15,640 --> 00:40:18,080
Speaker 1: overcome in order to be able to make more progress.

908
00:40:18,200 --> 00:40:20,680
Speaker 1: So whether it's income limitations why you think you can't

909
00:40:20,680 --> 00:40:23,440
Speaker 1: surpass because of your level of education or where you

910
00:40:23,480 --> 00:40:25,719
Speaker 1: live or something like that, or it might be thinking

911
00:40:25,760 --> 00:40:27,680
Speaker 1: that you can't save and invest more because you just

912
00:40:27,719 --> 00:40:31,000
Speaker 1: don't have enough money coming in. There are always ways

913
00:40:31,200 --> 00:40:34,440
Speaker 1: to boost your income, there are always ways to cut expenses.

914
00:40:34,560 --> 00:40:37,680
Speaker 1: It takes creativity and the realization that you have more

915
00:40:37,719 --> 00:40:40,239
Speaker 1: of an ability to control your personal outcomes than you

916
00:40:40,239 --> 00:40:44,080
Speaker 1: actually think. Nice. Yeah, okay, So another benefit of getting

917
00:40:44,280 --> 00:40:46,719
Speaker 1: physically fit is that the confidence that you're going to

918
00:40:46,840 --> 00:40:49,960
Speaker 1: gain and that area of life, and that one domain

919
00:40:50,120 --> 00:40:54,000
Speaker 1: is going to extend to others as well. The longer

920
00:40:54,200 --> 00:40:56,960
Speaker 1: that you've been regularly exercising, it's like it's going to

921
00:40:57,000 --> 00:40:58,880
Speaker 1: build your confidence, and not just because your body is

922
00:40:58,880 --> 00:41:01,160
Speaker 1: in better shape and you feel better, but because you've

923
00:41:01,200 --> 00:41:03,960
Speaker 1: seen that you can stick to something difficult, right, Like

924
00:41:04,000 --> 00:41:07,239
Speaker 1: you've got this greater level of self knowledge because of

925
00:41:07,280 --> 00:41:10,520
Speaker 1: the hardship that you have imposed on yourself on purpose,

926
00:41:10,840 --> 00:41:13,560
Speaker 1: and so that extends to other areas of life, giving you,

927
00:41:13,880 --> 00:41:16,480
Speaker 1: i think, more confidence, like say at work or in

928
00:41:16,520 --> 00:41:19,040
Speaker 1: your relationships. And so it started off as a just

929
00:41:19,280 --> 00:41:22,080
Speaker 1: as simply as a desire maybe to get more physically fit,

930
00:41:22,680 --> 00:41:25,920
Speaker 1: you'll find has just radiated outward and it's gonna have

931
00:41:26,000 --> 00:41:27,839
Speaker 1: a positive impact. It's gonna improve some of these other

932
00:41:27,880 --> 00:41:30,200
Speaker 1: areas of your life as well. And in this way,

933
00:41:30,239 --> 00:41:32,919
Speaker 1: I feel that personal finances and physical fitness like they're

934
00:41:33,000 --> 00:41:36,719
Speaker 1: very complementary, right, Like one basically begets the other. And

935
00:41:37,400 --> 00:41:38,840
Speaker 1: we're not here to tell you that you should be

936
00:41:38,840 --> 00:41:41,799
Speaker 1: getting physically fit, but based on what we've seen, we

937
00:41:41,840 --> 00:41:44,480
Speaker 1: think that it can have a literal impact on your

938
00:41:44,520 --> 00:41:47,760
Speaker 1: ability to not only make more money because you're rising

939
00:41:47,760 --> 00:41:51,240
Speaker 1: to the occasion, you're taking on more responsibilities, you're working

940
00:41:51,239 --> 00:41:53,759
Speaker 1: and thinking more creatively. But it can also give you

941
00:41:53,840 --> 00:41:56,799
Speaker 1: the self discipline needed in order to tell yourself, no,

942
00:41:56,920 --> 00:42:00,000
Speaker 1: I don't need those whatever you said shorts earlier, whatever,

943
00:42:00,280 --> 00:42:04,320
Speaker 1: gadget that uh that flashes across your Instagram strength app

944
00:42:04,360 --> 00:42:06,880
Speaker 1: as you're using it um And so this quite literally

945
00:42:06,880 --> 00:42:09,080
Speaker 1: could be a way that you actually do see more

946
00:42:09,120 --> 00:42:12,680
Speaker 1: money in your account because you happen to be more

947
00:42:12,680 --> 00:42:15,400
Speaker 1: physically fit. And when that confidence is contagious, the confidence

948
00:42:15,480 --> 00:42:17,680
Speaker 1: knowing that like, oh man, I can do this, I

949
00:42:17,719 --> 00:42:19,719
Speaker 1: can I can hit some of these goals that I have,

950
00:42:20,000 --> 00:42:23,560
Speaker 1: and I can change the look and feel of my body.

951
00:42:24,239 --> 00:42:26,000
Speaker 1: And the same thing is true with your money, right Like,

952
00:42:26,280 --> 00:42:29,040
Speaker 1: not only are the financial rewards real as you gain

953
00:42:29,080 --> 00:42:32,480
Speaker 1: added levels of financial security and freedom, but other important

954
00:42:32,480 --> 00:42:34,560
Speaker 1: aspects of your life are going to be possibly impacted

955
00:42:34,560 --> 00:42:36,640
Speaker 1: to that confidence is going to build and it is

956
00:42:36,640 --> 00:42:38,520
Speaker 1: going to radiate outwards too. So in both of those

957
00:42:38,520 --> 00:42:40,000
Speaker 1: things that you kind of start to get your act

958
00:42:40,000 --> 00:42:43,320
Speaker 1: together as you make progress, it's like you're gonna feel

959
00:42:43,320 --> 00:42:46,680
Speaker 1: it in all aspects of your life, I think. And

960
00:42:46,719 --> 00:42:48,880
Speaker 1: another important thing to note matter is that is that

961
00:42:48,960 --> 00:42:53,040
Speaker 1: individual goals are entirely different, right, So somebody's fitness goal

962
00:42:53,120 --> 00:42:54,920
Speaker 1: might be I want to like the rock, and that

963
00:42:54,960 --> 00:42:58,600
Speaker 1: honestly sounds like a physically impossible goal for almost every

964
00:42:58,600 --> 00:43:01,080
Speaker 1: single person. But other folks might say, Hey, I'm just

965
00:43:01,120 --> 00:43:03,120
Speaker 1: training four a five K that I want to run

966
00:43:03,160 --> 00:43:06,120
Speaker 1: on Thanksgiving morning, which could be a great personal goal

967
00:43:06,120 --> 00:43:08,719
Speaker 1: and a great first step. Whatever your goal is, though,

968
00:43:08,960 --> 00:43:12,799
Speaker 1: it's a personal thing, and comparing our progress or our

969
00:43:12,880 --> 00:43:15,960
Speaker 1: bodies to other people is just the opposite of helpful.

970
00:43:16,160 --> 00:43:19,600
Speaker 1: We should be playing the comparison game with ourselves alone,

971
00:43:19,960 --> 00:43:21,759
Speaker 1: and so are we making the progress we want to

972
00:43:21,760 --> 00:43:23,840
Speaker 1: make based on the goals that we have set for ourselves.

973
00:43:23,960 --> 00:43:26,120
Speaker 1: That is the question we should be asking, not is

974
00:43:26,120 --> 00:43:29,080
Speaker 1: my body starting to look more like in certain name here?

975
00:43:29,320 --> 00:43:31,480
Speaker 1: And so comparison, we would say, is the thief of joy,

976
00:43:31,880 --> 00:43:34,600
Speaker 1: and we're liable to find ourselves chasing the wrong things

977
00:43:34,840 --> 00:43:37,600
Speaker 1: if we're too focused on what everyone around us is

978
00:43:37,680 --> 00:43:40,160
Speaker 1: up to. We really want to be playing that game

979
00:43:40,160 --> 00:43:43,480
Speaker 1: where we're only comparing, paring against ourselves and our recent past. Like,

980
00:43:43,520 --> 00:43:45,399
Speaker 1: am I better than I was yesterday? That's a much

981
00:43:45,440 --> 00:43:47,719
Speaker 1: better question to ask than am I starting to look

982
00:43:47,719 --> 00:43:50,040
Speaker 1: like the person that I see in the magazine. That's right. Yeah,

983
00:43:50,080 --> 00:43:51,879
Speaker 1: And so this is gonna be the last CrossFit soft

984
00:43:51,880 --> 00:43:54,640
Speaker 1: sell that I've got for you. But this is again

985
00:43:54,680 --> 00:43:56,720
Speaker 1: one of the reasons I love it is because folks

986
00:43:56,719 --> 00:43:58,239
Speaker 1: show up like literally, so this is what I what

987
00:43:58,320 --> 00:44:00,920
Speaker 1: I teased to earlier. But like there there's like this

988
00:44:01,000 --> 00:44:03,560
Speaker 1: twenty five year old Air Force guy or marine guy

989
00:44:03,600 --> 00:44:06,120
Speaker 1: and he's I mean, he's a beast. Uh. And then

990
00:44:06,160 --> 00:44:09,320
Speaker 1: literally you've got like a seventy year old university professor

991
00:44:09,520 --> 00:44:13,200
Speaker 1: and they're working out together. And guess what, they don't

992
00:44:13,200 --> 00:44:16,200
Speaker 1: have the same goals, but they are participating in the

993
00:44:16,280 --> 00:44:19,160
Speaker 1: same movements. They're they're they're quite literally doing the exact

994
00:44:19,239 --> 00:44:22,040
Speaker 1: same workout. Granted, the weights different, but that's one of

995
00:44:22,040 --> 00:44:24,160
Speaker 1: the great things about a cross fit is like you

996
00:44:24,160 --> 00:44:26,680
Speaker 1: can scale it and so like basically it's the same workout,

997
00:44:26,680 --> 00:44:29,480
Speaker 1: but it's a different level of intensity. But those folks

998
00:44:29,480 --> 00:44:31,680
Speaker 1: are working alongside each other and again they're they're doing

999
00:44:31,719 --> 00:44:33,319
Speaker 1: the same movements. And the same thing is true when

1000
00:44:33,320 --> 00:44:36,040
Speaker 1: it comes to our money, Like we are all earning money,

1001
00:44:36,120 --> 00:44:38,120
Speaker 1: we are all trying to spend our money in ways

1002
00:44:38,160 --> 00:44:40,640
Speaker 1: that brings us value. We're all trying to invest it

1003
00:44:40,640 --> 00:44:42,399
Speaker 1: in a way that's going to provide us the least

1004
00:44:42,400 --> 00:44:44,759
Speaker 1: amount of risk for the most amount of reward with

1005
00:44:44,840 --> 00:44:47,920
Speaker 1: the lowest feest possible. A lot of the methodology is

1006
00:44:48,000 --> 00:44:50,880
Speaker 1: exactly the same, but we all have different goals. And

1007
00:44:50,920 --> 00:44:52,920
Speaker 1: the truth is, by the way, with money, money is

1008
00:44:52,920 --> 00:44:55,319
Speaker 1: so much more hidden than even physical physique, and so

1009
00:44:55,560 --> 00:44:59,960
Speaker 1: oftentimes we associate spending or somebody's outward displays of opulent

1010
00:45:00,239 --> 00:45:02,520
Speaker 1: with how much money they have, when the reality is

1011
00:45:02,520 --> 00:45:05,040
Speaker 1: the opposite. Is true that the more the more public

1012
00:45:05,120 --> 00:45:08,600
Speaker 1: displays of wealth that someone pertakes in it might mean

1013
00:45:08,640 --> 00:45:10,600
Speaker 1: the less and typically it means the less money they

1014
00:45:10,600 --> 00:45:12,600
Speaker 1: actually have in the bank account, right or or maybe

1015
00:45:12,600 --> 00:45:14,560
Speaker 1: the more debt they're going into. So that's an important

1016
00:45:14,560 --> 00:45:17,480
Speaker 1: thing to realize, is that the more you compare yourselves

1017
00:45:17,520 --> 00:45:20,319
Speaker 1: to other people in the fitness realm, the more you're

1018
00:45:20,360 --> 00:45:22,879
Speaker 1: gonna be disappointed. But it's even more true, I would say,

1019
00:45:22,880 --> 00:45:24,960
Speaker 1: in the personal finance realm, if you're comparing yourself to

1020
00:45:25,040 --> 00:45:27,479
Speaker 1: someone else how they handle money and what they're doing

1021
00:45:27,520 --> 00:45:29,520
Speaker 1: with it, well, a lot of the best money moves

1022
00:45:29,600 --> 00:45:31,879
Speaker 1: are actually more hidden. You don't really see how much

1023
00:45:32,000 --> 00:45:34,320
Speaker 1: is in someone's investment account, how much is in someone's

1024
00:45:34,320 --> 00:45:36,840
Speaker 1: retirement account. What you see are how big of a

1025
00:45:36,880 --> 00:45:39,319
Speaker 1: house they have or how nice of a car they drive,

1026
00:45:39,600 --> 00:45:42,360
Speaker 1: and so those those are things that we're comparing ourselves to.

1027
00:45:42,360 --> 00:45:45,160
Speaker 1: To that we're comparing ourselves to the wrong things, and

1028
00:45:45,160 --> 00:45:47,239
Speaker 1: we're setting ourselves up for failure. Yeah, don't let your

1029
00:45:47,280 --> 00:45:49,319
Speaker 1: your money goals be determined by like how it is

1030
00:45:49,360 --> 00:45:51,960
Speaker 1: that others are living, because all those trappings of success

1031
00:45:51,960 --> 00:45:55,120
Speaker 1: are they're just distractions from your goals and whatever it

1032
00:45:55,239 --> 00:45:58,200
Speaker 1: is that you've identified as important. Uh, And if you

1033
00:45:58,239 --> 00:46:00,560
Speaker 1: haven't determined what your ultimate goals are, like, we would

1034
00:46:00,560 --> 00:46:03,160
Speaker 1: recommend that you you spend some time with a worksheet

1035
00:46:03,200 --> 00:46:05,799
Speaker 1: that we created. It's the Money Mission Statement, and we'll

1036
00:46:05,800 --> 00:46:07,680
Speaker 1: make sure to link to that in our show notes.

1037
00:46:07,840 --> 00:46:10,520
Speaker 1: But that can help identify you and basically kind of

1038
00:46:10,520 --> 00:46:14,440
Speaker 1: point you to your true north. Vijil. Another sort of

1039
00:46:14,520 --> 00:46:16,960
Speaker 1: lesson that we've learned from physical fitness and sort of

1040
00:46:16,960 --> 00:46:20,239
Speaker 1: how it crosses over to personal finances is that you've

1041
00:46:20,280 --> 00:46:23,720
Speaker 1: never quote unquote arrived right, and so like just because

1042
00:46:23,840 --> 00:46:26,400
Speaker 1: maybe you've had a good run of working out, you know,

1043
00:46:26,440 --> 00:46:27,960
Speaker 1: for let's say like four or five days a week,

1044
00:46:28,000 --> 00:46:30,399
Speaker 1: for the for even for a couple of years. Maybe

1045
00:46:30,400 --> 00:46:32,799
Speaker 1: your looking you're feeling good. That doesn't mean that you

1046
00:46:32,840 --> 00:46:35,640
Speaker 1: can then just rest on your laurels and backslide into

1047
00:46:35,719 --> 00:46:38,520
Speaker 1: not doing anything. Because if you start eating like crap

1048
00:46:38,520 --> 00:46:41,920
Speaker 1: and you just completely discontinue your workout regimen, you're gonna

1049
00:46:41,960 --> 00:46:46,320
Speaker 1: lose muscle, You're gonna lose your cardio, your endurance. Those results,

1050
00:46:46,360 --> 00:46:49,360
Speaker 1: they can be wiped away if you take a foot

1051
00:46:49,400 --> 00:46:52,360
Speaker 1: off the pedal, off of the gas. Uh And so Similarly,

1052
00:46:52,400 --> 00:46:55,440
Speaker 1: just because you've made significant progress with your money goals,

1053
00:46:55,800 --> 00:46:58,280
Speaker 1: that doesn't mean that you can just ignore your finances completely.

1054
00:46:58,400 --> 00:47:02,000
Speaker 1: You know, your skill in your bank account, they can

1055
00:47:02,040 --> 00:47:05,080
Speaker 1: atrophy if you stop paying attention to them. Uh. Like,

1056
00:47:05,160 --> 00:47:07,920
Speaker 1: just because your income grows, that doesn't mean that the

1057
00:47:07,960 --> 00:47:10,840
Speaker 1: fundamentals of money management don't apply to you anymore. I

1058
00:47:10,880 --> 00:47:12,520
Speaker 1: feel like that can maybe be one of the biggest

1059
00:47:12,800 --> 00:47:16,080
Speaker 1: self owes as you really like seeing that your income,

1060
00:47:16,400 --> 00:47:18,520
Speaker 1: like your your salary has gone up significantly, and so

1061
00:47:18,560 --> 00:47:21,400
Speaker 1: you get sloppy in some of the other areas of life.

1062
00:47:21,680 --> 00:47:23,879
Speaker 1: Uh And when you do that, you're you can very

1063
00:47:23,920 --> 00:47:27,800
Speaker 1: easily see that maybe that increase of ten or twenty

1064
00:47:27,800 --> 00:47:29,840
Speaker 1: thousand dollars to your salary. You can see that amount

1065
00:47:29,840 --> 00:47:32,800
Speaker 1: evaporate because guess what, you've gotten so much less discipline

1066
00:47:32,840 --> 00:47:35,080
Speaker 1: when it comes to your spending, and it turns out,

1067
00:47:35,080 --> 00:47:37,239
Speaker 1: oh man, I thought I was gonna be investing way

1068
00:47:37,280 --> 00:47:39,680
Speaker 1: more because I got a twenty dollar boost to my

1069
00:47:39,840 --> 00:47:43,360
Speaker 1: to my income and I only invested one thousand dollars

1070
00:47:43,440 --> 00:47:46,480
Speaker 1: more than I did last year. That's sad, yeah, for sure.

1071
00:47:46,719 --> 00:47:49,359
Speaker 1: And I think it's we see more and more new

1072
00:47:49,440 --> 00:47:53,640
Speaker 1: stories about higher percentages of people making six figures who

1073
00:47:53,640 --> 00:47:56,520
Speaker 1: are living paycheck to paycheck, And the truth is that

1074
00:47:56,800 --> 00:47:59,040
Speaker 1: you should be able to make even more progress with

1075
00:47:59,080 --> 00:48:01,000
Speaker 1: your money the more come it's coming in. But a

1076
00:48:01,000 --> 00:48:02,799
Speaker 1: lot of people allow that to be the license for

1077
00:48:02,840 --> 00:48:05,120
Speaker 1: them to spend more because hey, now i've got more padding,

1078
00:48:05,160 --> 00:48:07,040
Speaker 1: I've got more more money coming in, so I don't

1079
00:48:07,080 --> 00:48:09,279
Speaker 1: have to be as dedicated to the fundamentals. But that's

1080
00:48:09,280 --> 00:48:11,160
Speaker 1: just not true. Like you've never arrived, You've got to

1081
00:48:11,360 --> 00:48:13,520
Speaker 1: can consistently being be paying attention to them. And it

1082
00:48:13,560 --> 00:48:15,800
Speaker 1: doesn't mean, like you mentioned earlier, Matt, being up to

1083
00:48:15,840 --> 00:48:18,480
Speaker 1: your eyeballs and Excel spreadsheets, but it does mean getting

1084
00:48:18,480 --> 00:48:21,240
Speaker 1: those fundamentals right making sure you are saving and investing

1085
00:48:21,520 --> 00:48:24,280
Speaker 1: a decent chunk of your income, having a solid margin

1086
00:48:24,520 --> 00:48:27,440
Speaker 1: no matter what your income is. And and the truth

1087
00:48:27,560 --> 00:48:31,080
Speaker 1: is everything compounds, right, your physical fitness does, and so

1088
00:48:31,160 --> 00:48:34,279
Speaker 1: do your dollars. As humans, we can learn lessons from

1089
00:48:34,280 --> 00:48:36,680
Speaker 1: all sorts of different places, and we think that if

1090
00:48:36,760 --> 00:48:38,759
Speaker 1: if how the money listeners that Matt and I, it's

1091
00:48:38,760 --> 00:48:42,240
Speaker 1: our goal to take a cross disciplinary approach, applying lessons

1092
00:48:42,560 --> 00:48:45,359
Speaker 1: that we've learned from one field of study to other

1093
00:48:45,440 --> 00:48:48,480
Speaker 1: areas that we're looking to succeed. And if we do that,

1094
00:48:48,520 --> 00:48:51,400
Speaker 1: if we're able to take lessons from different fields and

1095
00:48:51,400 --> 00:48:54,000
Speaker 1: different individuals in those fields, we think that it can

1096
00:48:54,000 --> 00:48:58,440
Speaker 1: have positive radomifications on our ability to grow and progress

1097
00:48:58,440 --> 00:49:01,759
Speaker 1: holistically as human beings and also specifically in the field

1098
00:49:01,760 --> 00:49:03,520
Speaker 1: of personal finance. And so that's kind of been our

1099
00:49:03,560 --> 00:49:05,560
Speaker 1: goal with this episode, is like, let's take some of

1100
00:49:05,600 --> 00:49:07,879
Speaker 1: the things we're learning as Matt and I are trying

1101
00:49:07,880 --> 00:49:10,000
Speaker 1: to trying to get stronger, trying to get more fit,

1102
00:49:10,320 --> 00:49:13,279
Speaker 1: dedicating more of our time and our resources to that endeavor. Well,

1103
00:49:13,280 --> 00:49:15,520
Speaker 1: we found a lot of parallels and and hopefully you

1104
00:49:15,520 --> 00:49:18,160
Speaker 1: found those parallels helpful. Yeah. So, yeah, so I'm hoping

1105
00:49:18,200 --> 00:49:20,000
Speaker 1: that this can be the uh, this can be the

1106
00:49:20,040 --> 00:49:21,759
Speaker 1: your back to the future moment, right like this can

1107
00:49:21,800 --> 00:49:23,759
Speaker 1: be the you hit in your head on the sink

1108
00:49:23,840 --> 00:49:26,520
Speaker 1: in the bathroom moment. Yeah, where hopefully it's this. This

1109
00:49:26,600 --> 00:49:28,759
Speaker 1: is like you realizing that, oh man, like you said, Joel,

1110
00:49:28,800 --> 00:49:30,439
Speaker 1: that we are capable of so much more. But sort

1111
00:49:30,440 --> 00:49:32,480
Speaker 1: of like we said earlier in the episode two, that

1112
00:49:32,640 --> 00:49:35,560
Speaker 1: personal finances and physical fitness there are a lot more

1113
00:49:35,560 --> 00:49:38,880
Speaker 1: complimentary than maybe you realize it in the past, and

1114
00:49:38,960 --> 00:49:42,239
Speaker 1: so maybe this means you kind of stepping it up

1115
00:49:42,239 --> 00:49:44,760
Speaker 1: in both of those areas, but both of those arenas

1116
00:49:44,760 --> 00:49:48,040
Speaker 1: in life, because I think one will fuel the other

1117
00:49:48,480 --> 00:49:51,000
Speaker 1: and you might see a lot more progress in both.

1118
00:49:51,320 --> 00:49:53,360
Speaker 1: But let's get back to the beer you and Agel

1119
00:49:53,480 --> 00:49:59,000
Speaker 1: we enjoyed uh an october Fest Lagger by Talisman Brewing Company. Andy,

1120
00:49:59,080 --> 00:50:02,040
Speaker 1: thank you so much for donating this beer to the show. Joe,

1121
00:50:02,120 --> 00:50:03,640
Speaker 1: what were your thoughts on this one? Man, this was

1122
00:50:03,640 --> 00:50:06,440
Speaker 1: a malt bomb. It was. It was in that almost

1123
00:50:06,480 --> 00:50:10,719
Speaker 1: like a light brown nail. Basically in my estimation, we

1124
00:50:11,040 --> 00:50:14,160
Speaker 1: again we're almost officially out of the logger boring into

1125
00:50:14,200 --> 00:50:17,400
Speaker 1: the category. It was. It definitely kind of had a

1126
00:50:17,440 --> 00:50:19,880
Speaker 1: little bit more going on in that vein. Well, I

1127
00:50:19,880 --> 00:50:22,399
Speaker 1: I like it. This a second October fus we've had

1128
00:50:22,440 --> 00:50:24,440
Speaker 1: in November, which is just an awkward thing to do,

1129
00:50:24,480 --> 00:50:26,200
Speaker 1: but we're doing in anyway. We don't care. Throw across

1130
00:50:26,239 --> 00:50:27,840
Speaker 1: in the wind, it doesn't matter. Yeah, but no, I

1131
00:50:27,840 --> 00:50:29,839
Speaker 1: thought I can drink an october Fest whenever you want.

1132
00:50:30,200 --> 00:50:31,480
Speaker 1: I thought it was good. I thought it was fun.

1133
00:50:31,560 --> 00:50:33,520
Speaker 1: It was a little less nuanced than the last October

1134
00:50:33,520 --> 00:50:35,799
Speaker 1: Fest we had and a little darker, but still still

1135
00:50:35,840 --> 00:50:36,960
Speaker 1: a good one. You're talking about the one with like

1136
00:50:37,040 --> 00:50:39,359
Speaker 1: all the spices and no, that was the Witch's Brewed

1137
00:50:39,400 --> 00:50:41,800
Speaker 1: Loud on Monday, but I'm talking about it wasn't technically

1138
00:50:41,800 --> 00:50:43,640
Speaker 1: an October Now. We had an October Fest, though, I

1139
00:50:43,680 --> 00:50:46,520
Speaker 1: think I think a week ago so and and that

1140
00:50:46,560 --> 00:50:48,239
Speaker 1: one was. I would say this one was way more,

1141
00:50:48,560 --> 00:50:51,480
Speaker 1: way more like dark bready, like like if if most

1142
00:50:51,520 --> 00:50:53,879
Speaker 1: of them are kind of malti and bready, this one

1143
00:50:54,040 --> 00:50:56,520
Speaker 1: it's the heel. It's you know, it's like all crust

1144
00:50:56,600 --> 00:50:59,600
Speaker 1: on one side, which honestly, I am a huge Do

1145
00:50:59,640 --> 00:51:01,759
Speaker 1: you eat the cross? Yeah, that's the best part, my kids,

1146
00:51:01,760 --> 00:51:04,080
Speaker 1: do you really? Oh? Yeah, Okay, I I've always loved

1147
00:51:04,120 --> 00:51:06,320
Speaker 1: the crust, especially when when my wife is making fresh

1148
00:51:06,320 --> 00:51:08,480
Speaker 1: made bread. I like cutting off that end piece, put

1149
00:51:08,520 --> 00:51:10,000
Speaker 1: a little butter on it. But even just like the

1150
00:51:10,040 --> 00:51:12,879
Speaker 1: regular interior slices, like I would always peel the uh

1151
00:51:13,640 --> 00:51:15,280
Speaker 1: I don't know. As a kid, I called it the scab,

1152
00:51:16,400 --> 00:51:18,560
Speaker 1: which is a less appetizing way. But you know that

1153
00:51:18,640 --> 00:51:21,120
Speaker 1: the dark part on top. I used to always love that,

1154
00:51:21,360 --> 00:51:24,040
Speaker 1: which obviously meant that I always love the end piece,

1155
00:51:24,480 --> 00:51:26,840
Speaker 1: or some folks call at the heel, but this beard

1156
00:51:26,960 --> 00:51:29,920
Speaker 1: very much reminded me of the heel, the end pieces

1157
00:51:30,160 --> 00:51:32,760
Speaker 1: of a loaf of bread where it was extra toast.

1158
00:51:32,800 --> 00:51:35,400
Speaker 1: He had some of that additional multiness going on, but

1159
00:51:35,440 --> 00:51:37,680
Speaker 1: definitely enjoyed it. And glad you and I got to

1160
00:51:37,760 --> 00:51:40,040
Speaker 1: enjoy one of these today. But for sure, all right, Matt,

1161
00:51:40,040 --> 00:51:42,320
Speaker 1: that's gonna do it for this episode. Where can listeners

1162
00:51:42,400 --> 00:51:46,160
Speaker 1: go to find your Instagram influencer CrossFit page you're gonna

1163
00:51:46,160 --> 00:51:49,800
Speaker 1: talk about. Yeah, I don't have some secret personal fitness

1164
00:51:50,160 --> 00:51:52,440
Speaker 1: account or anything like that, although maybe I'll post them

1165
00:51:52,520 --> 00:51:55,200
Speaker 1: maybe one of these days on there. Occasionally, uh, look

1166
00:51:55,640 --> 00:51:59,600
Speaker 1: like CrossFit Inaction picks up there. Please do head over

1167
00:51:59,640 --> 00:52:01,399
Speaker 1: to a web site though, go to how do Money

1168
00:52:01,400 --> 00:52:03,600
Speaker 1: dot Com. There you'll find our show notes, and don't

1169
00:52:03,640 --> 00:52:06,320
Speaker 1: forget to check out our credit cards tool, how do

1170
00:52:06,400 --> 00:52:09,080
Speaker 1: Money dot Com Forward slash credit Cards, and that's where

1171
00:52:09,520 --> 00:52:12,120
Speaker 1: we've got those easy to use sliders that allow you

1172
00:52:12,239 --> 00:52:15,120
Speaker 1: to filter the different credit cards that are out there

1173
00:52:15,160 --> 00:52:17,960
Speaker 1: based on the different benefits that you're looking for. It's

1174
00:52:18,000 --> 00:52:20,200
Speaker 1: super easy to use. We highly recommend it for sure.

1175
00:52:20,200 --> 00:52:22,520
Speaker 1: All Right, Matt, that's gonna do it for this episode.

1176
00:52:22,800 --> 00:52:25,600
Speaker 1: Until next time. Best Friends Out, Best Friends Out,