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

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Speaker 1: Matt and today we're talking about the power of knowing

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Speaker 1: yourself with Rachel Cruz. Our guest today hardly needs an introduction,

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Speaker 1: but we're gonna do it anyway. Rachel Cruise is a

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Speaker 1: two time number one national best selling author, financial expert,

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Speaker 1: and host of The Rachel Cruise Show. Since twenty ten,

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Speaker 1: Rachel has served at Ramsey Solutions, where she teaches folks

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Speaker 1: to avoid debt, save money, UH, and how to win

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Speaker 1: with money at any stage in life. She's authored three

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Speaker 1: best selling books, and her latest book, Know Yourself, Know

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Speaker 1: Your Money, is set to release in early January. UH.

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Speaker 1: Here on the show, we often talk about the why

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Speaker 1: behind our money, and that is what this book is

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Speaker 1: all about. It's all about self awareness and we're happy

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Speaker 1: to have Rachel with us today to talk about it. So, Rachel,

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Speaker 1: thank you for joining us today on the podcast. Absolutely, guys,

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Speaker 1: thanks for having me on. Rachel, We're so glad to

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Speaker 1: have you on, and Matt and I every episode we

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Speaker 1: like to have a craft beer while we're talking about

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Speaker 1: personal finances. It's kind of our splurge what we spend

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Speaker 1: money on now. While we're also saving and investing well

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Speaker 1: for the future. So our first question, every guest, our

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Speaker 1: first question to you is what is your craft beer equivalent?

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Speaker 1: What do you like to spend money on right now

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Speaker 1: while you're also doing an awesome job saving oh Man,

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Speaker 1: alcohol is a great answer. Um, yeah, I think my

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Speaker 1: splurge gosh is it probably is Cable. I love cable.

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Speaker 1: I love TV and I know my husband WinCE and

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Speaker 1: he always is like, can we just be normal millennials

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Speaker 1: and just stream everything? And I'm like, I know, but

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Speaker 1: I just love the option cable. I don't know why.

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Speaker 1: I think I'm like a six year old at heart,

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Speaker 1: but that that that's probably my blurs that we spend

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Speaker 1: money on every month. That's kind of cringe worthy, but

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Speaker 1: we still do it. No. If hey, if that's what

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Speaker 1: brings you joy, then by all means, is there a

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Speaker 1: particular genre or style of show that you like that

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Speaker 1: you like to watch or is it just the ability

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Speaker 1: to have anything at your fingertips? It's that to me.

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Speaker 1: It's like, because I I love news, so I love

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Speaker 1: any cable news on both sides of the spectrum. I'll

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Speaker 1: watch the Fox News is, I'll watch the CNNs I mean,

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Speaker 1: I like all cable news, especially during election time. I'm

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Speaker 1: like hooked. Um, yeah, all the network stuff. I mean

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Speaker 1: the fact that we have sports available for Winston, and

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Speaker 1: then I have h G t V and Bravo and

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Speaker 1: you know all the I don't know, I just like

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Speaker 1: all the options. Nice. Let's let's talk about your book, Rachel.

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Speaker 1: You know, so the new book, it's it's a little

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Speaker 1: bit of money and a lot of self discovery. So

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Speaker 1: why did you go in that direction with this book? Yeah?

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Speaker 1: For me, Um gosh, it's just like this whole new

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Speaker 1: way of looking at money. And about three years ago,

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Speaker 1: I kind of went on this own, my own personal journey,

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Speaker 1: if you will, of just discovering more about myself. I

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Speaker 1: feel I took the Angiograham, which is this personality type tests, um,

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Speaker 1: different person I tests. I read the book birth Order

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Speaker 1: um and just wondering, like, Okay, how do my birth

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Speaker 1: order affect me? I was in some counseling and and

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Speaker 1: no big event caused me to do this. It just

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Speaker 1: kind of was one thing after the other, and I

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Speaker 1: just found it also intriguing to really discover why I

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Speaker 1: do the things I do, and out of that I

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Speaker 1: really became a healthier person. I mean emotionally, I feel

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Speaker 1: like I was such a better wife and mom and friend,

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Speaker 1: and I was just aware of so much in my life.

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Speaker 1: And I thought, man, how would this affect my money

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Speaker 1: if I take all these same principles I've been learning

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Speaker 1: and these questions, what happens if I apply it to

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Speaker 1: my money? And it was like this black hole of

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Speaker 1: like endless content and endless discovery. I thought, Oh, my gosh,

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Speaker 1: why have I never done that? Because for ten years

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Speaker 1: of me teaching about money, you know, I talked to

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Speaker 1: people all the time about how to budget and how

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Speaker 1: to get out of debt, and how to invest, and

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Speaker 1: how to give and how to build wealth and how

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Speaker 1: to refinance it, how to and knowing that that all

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Speaker 1: is so important. But I also teach that personal finances

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Speaker 1: behavior it's only head knowledge. So the head knowledge, we know,

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Speaker 1: it's such a small part to winning with money. Your

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Speaker 1: behavior has to change and that's what causes you to win.

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Speaker 1: But I never really done large under the foundation of well,

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Speaker 1: why do we have the behaviors we have? And so

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Speaker 1: that's what this book is. It's just really discovering who

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Speaker 1: you are, why you are, the way you are with

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Speaker 1: money and then things you can do to change those

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Speaker 1: habits into better ones. So you mentioned the indiogram, and

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Speaker 1: that's definitely like an interesting tool to help us understand ourselves,

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Speaker 1: help us become a little more intimate with our own personalities. Um.

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Speaker 1: Are there any other tools that you found really really

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Speaker 1: helpful when you're kind of going down this process of

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Speaker 1: self discovery and anything? Um, any of these tools that

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Speaker 1: you would recommend people looking into if they want to

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Speaker 1: kind of understand themselves at a deeper level. Yeah, I

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Speaker 1: mean I went down you know, the whole Myers briggs

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Speaker 1: Way disk angiogram. Um. Again, I've read that book for

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Speaker 1: birth order, which was just fascinating. And then I mean

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Speaker 1: I always recommend no matter who you are, what stage

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Speaker 1: a life or whatever is, I would have a therapist

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Speaker 1: or a counselor, but someone that has the education to

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Speaker 1: be able to pull things out of you that, like

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Speaker 1: you had no idea was in there. I mean, all

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Speaker 1: of that together for me was really helpful. But yeah,

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Speaker 1: I would say those I mean, just like if you

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Speaker 1: were to google something. I think the angiogram was probably

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Speaker 1: the best for me tool that I use of of

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Speaker 1: understanding myself nice well. So on the note, so Joel

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Speaker 1: and I, both of our wives are really into the intiagram.

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Speaker 1: They have labeled us, you know, I mean I know

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Speaker 1: it a little bit. But Joel is pretty sure that

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Speaker 1: he's a seven based on what Emily has told him. Okay,

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Speaker 1: I'm pretty sure I'm a five based on what my

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Speaker 1: wife has told me. I keep going between a one

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Speaker 1: and a five. So I'm not nice. So I think

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Speaker 1: my wife is. She she's not sure if she's a

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Speaker 1: one or a three. Okay, okay, so I love I

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Speaker 1: know so little about it that I can't tell you.

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Speaker 1: I think maybe she's a four. I mean she's the individualistic, artistic.

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Speaker 1: Yes the are yes, yeah, Rachel, what's your number? I'm

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Speaker 1: a three? Three, yes, But I really feel a three

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Speaker 1: is the performer, the achiever. So I'm very motivated um

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Speaker 1: sadly sometimes by by what other people think, but also

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Speaker 1: the achievement and being effective is like really big in

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Speaker 1: my personality. I just want to be effective. And yeah,

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Speaker 1: our biggest fear as a three is being worthless, which

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Speaker 1: I totally feel that. I feel that not only in

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Speaker 1: my work, but it's so crazy even like as a

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Speaker 1: mom or a wife. Like, if someone sees me as

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Speaker 1: like not being everything they thought I was, it's like, oh,

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Speaker 1: I don't know, which is very can be very unhealthy,

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Speaker 1: but also you can use it in a healthy way too. Yeah,

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Speaker 1: but I will say the seven I rank really high

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Speaker 1: up there too, so I can I can turn into

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Speaker 1: a seven pretty quick. Yeah, that's right, that's right, that's right.

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Speaker 1: Language that it's impressive. I hear it talked about so much,

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Speaker 1: it's it's started to rub offers right. Well, not to

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Speaker 1: correct you, Matt, but I will say the wing is

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Speaker 1: is the number before after your number. So I'm technically

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Speaker 1: not a wing seven, so it's three. But you know

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Speaker 1: the fact you even said wing. I was really proud

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Speaker 1: you go to a seven in stress? How about that, Rachel.

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Speaker 1: At one point in the book, you say, when you

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Speaker 1: know your motives, you're able to reach your goals faster.

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Speaker 1: And I think you know, knowing a little bit more

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Speaker 1: about yourself, in particular through the indiogramm or or what

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Speaker 1: some of those some of those methods that you mentioned

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Speaker 1: could be sober helpful. But what did you mean by

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Speaker 1: that that when you know your motives you can reach

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Speaker 1: your goals faster? Well, you know why you're doing the

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Speaker 1: things you're doing. So, whether it's futuristic goals that you're

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Speaker 1: looking at saying, Okay, in the next five years, I

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Speaker 1: want X, Y, and Z to be accomplished, or whether

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Speaker 1: why what's your motivation for buying the thing you're buying.

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Speaker 1: I mean, any of those, any of those questions you're

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Speaker 1: asking yourself of why am I doing these things? Um?

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Speaker 1: It does it helps you realize, oh wow, that is

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Speaker 1: why I value certain things, um in my life. This

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Speaker 1: is why I'm spending money the way I'm spending it.

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Speaker 1: I mean, just again, asking those why questions and getting

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Speaker 1: underneath that foundation is is a big part of understanding Okay,

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Speaker 1: this is why um, I handle money the way I do,

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Speaker 1: and what I can do to change things I need

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Speaker 1: to change. Yeah, all that impacts how it is that

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Speaker 1: we handle our money, and so does our family. You

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Speaker 1: have a unique family history with money, as you point

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Speaker 1: out in chapter one. You know, you were born into

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Speaker 1: a household that handles money, maybe a little bit differently

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Speaker 1: than most folks. What did you discover, you know, during

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Speaker 1: the writing of this book, even about your actual upbringing

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Speaker 1: and how that impacts your relationship with money today. Yeah,

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Speaker 1: your upbringing is is such a huge piece of your story,

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Speaker 1: and like you said, why you handle money the way

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Speaker 1: you do today, And so looking back is think it's

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Speaker 1: so important for people to do that. Uh. Some people

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Speaker 1: are like, no, I don't want to go back to

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Speaker 1: my shildhood, don't take me back there. Um, but it

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Speaker 1: is it's crucial to realize, Okay, this is how money

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Speaker 1: was communicated and our family emotionally or verbally. Um, here

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Speaker 1: are the things that my parents did well that I

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Speaker 1: want to emulate. Here are things that gosh, I wish

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Speaker 1: I could unlearned from my parents because we all have that.

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Speaker 1: But personally, I mean, I was born the year my

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Speaker 1: parents filed for bankruptcy and so um, the first few

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Speaker 1: years of my life, I obviously have no memory of that.

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Speaker 1: But when my memories kind of start coming back, I'm like, Okay,

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Speaker 1: I now can understand the decisions my parents made, why

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Speaker 1: they made them, and even going back and talking to

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Speaker 1: them through through some of this book, because it's just

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Speaker 1: it's fascinating what my perception was during that time versus

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Speaker 1: what they were seeing, what they were feeling. Yeah. So yeah,

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Speaker 1: it's interesting when when you wrote that, Um, just I

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Speaker 1: it brought me back to my money past, um in

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Speaker 1: in my childhood and so my parents actually went through

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Speaker 1: bankruptcy when I was a teenager, when I was like

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Speaker 1: twelve or thirteen, and my sister, my sister's one was younger,

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Speaker 1: one was older, and they both had a completely different

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Speaker 1: experience with that than I did. But for me, obviously

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Speaker 1: I'm co hosting a personal finance podcast, it had a

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Speaker 1: big impact on me, and so I think that can

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Speaker 1: be so powerful. I still have to go back to

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Speaker 1: that and learn lessons because it's shaped so much of

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Speaker 1: who I am. I have to go back, go back

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Speaker 1: and see, well, am I going in a healthy direction

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Speaker 1: based on what I experienced in childhood or am I

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Speaker 1: just reacting to it? And so it's something that um,

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Speaker 1: I feel like I have to go back to over

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Speaker 1: and over. Um. In your opinion, Rachel, what what do

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Speaker 1: you think we need to come to grips with in

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Speaker 1: our money history that can help us not just maybe

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Speaker 1: fixate on an event in the past, but then actually

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Speaker 1: move forward from it in a healthy way. Yeah. I

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Speaker 1: think pinpointing where you came from as important. I write

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Speaker 1: about these four money classrooms in the book, and you know,

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Speaker 1: again like I said earlier. But the way money is

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Speaker 1: communicated to either verbally, so either had open communication or

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Speaker 1: closed communication, and emotionally it was either stressed or it

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Speaker 1: was calm. And so when I was writing the manuscript,

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Speaker 1: I was like, oh my gosh, this creates a quadrant,

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Speaker 1: like Jesus gave me a graph and I'm just so

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Speaker 1: happy about it. But like there was and so yeah,

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Speaker 1: if you grew up in classroom one, that's the anxious

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Speaker 1: money classroom, and so this tended to be high stress

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Speaker 1: level on the emotional scale and verbally closed. So you

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Speaker 1: knew money was a stressful subject, but you couldn't really

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Speaker 1: pinpoint why. Class number two is the unstable money classroom,

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Speaker 1: and this is when it's verbally open. So you heard

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Speaker 1: about money talked about, but it was high stress, so

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Speaker 1: probably lots of conflicts, lots of attention, lots of fighting.

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Speaker 1: You may hurt, your parents have the same money fight

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Speaker 1: over and over again. They may have even fought with

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Speaker 1: extended family members about money, but it was heard um.

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Speaker 1: And then classroo number three is the unaware of money classroom,

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Speaker 1: and this is where it's emotionally calm but verbally closed.

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Speaker 1: So you kind of had your head in the sand

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Speaker 1: a little bit. When it comes to money, if you

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Speaker 1: were in this classroom, you just didn't really think about

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Speaker 1: it much. It just wasn't a thing because your parents

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Speaker 1: didn't make it a thing. And then the fourth money

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Speaker 1: classroom is the healthiest, and this is the stable money

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Speaker 1: club that I'm sorry, the secure money classroom. And this

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Speaker 1: is where it's emotionally calm and verbally open. And in

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Speaker 1: this classroom, you don't have to have a ton of

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Speaker 1: money to be in this. Some people think, oh, if

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Speaker 1: I was just wealthier, you know, I would be in

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Speaker 1: classroo number four, and that's not the case. You could

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Speaker 1: have ten dollars but manage it really well with open communication,

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Speaker 1: or you could have ten million, and so so PenPoint, Okay,

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Speaker 1: this is kind of how I grew up, one of

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Speaker 1: the four. And each classroom has its weaknesses. So classroom

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Speaker 1: number one I find a lot of people. Again, money

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Speaker 1: was was a point of tension and no communication, and

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Speaker 1: so even being able to talk about money and having

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Speaker 1: language around it can be really difficult, especially if you're

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Speaker 1: married and you know you have a significant other. That's

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Speaker 1: part of this whole equation with your finances. Um So

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Speaker 1: diving in and talking about it just from the get

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Speaker 1: go is really difficult. And then classroom number two, that

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Speaker 1: unstable money classroom. Again, the communication part is really hard

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Speaker 1: because a lot of people just feel like, gosh, it's

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Speaker 1: if I talk about money, it's automatically going to be negative,

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Speaker 1: Like there's automatically going to be this instability that I'm feeling.

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Speaker 1: And so sometimes it's just better if I just do

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Speaker 1: my own thing. Classroom number three, you have to be

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Speaker 1: very careful in the unaware money classroom that that ignorance

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Speaker 1: is not bliss. And so in this I find, you know,

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Speaker 1: sometimes a spouse um that was raised in this classroom,

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Speaker 1: if the other spouse is really money driven, they'll just

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Speaker 1: let the spouse do it. They're like, okay, yeah, yeah,

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Speaker 1: you just take care of the money. I don't really

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Speaker 1: have to worry about it, because that's how you grew up.

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Speaker 1: You didn't worry about it. And that feels good and

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Speaker 1: that feels comfortable. But I would say push it and

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Speaker 1: and still, gosh, be on the same team and and

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Speaker 1: push into those conversations. And then that fourth money classroom,

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Speaker 1: even though that's the healthiest, I would say that there

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Speaker 1: can be a level of entitlement, and a little bit

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Speaker 1: of a level of not understanding the amount of sacrifice

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Speaker 1: it takes to create that level four. So if you

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Speaker 1: came out of that environment, you may think, oh, well,

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Speaker 1: it's gonna be easy and I'm going to be smart

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Speaker 1: with money because my parents were good with it. I

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Speaker 1: have no worries. And that's not the case. You have

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Speaker 1: your own life and your own stories. You still have

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Speaker 1: to engage and and you'll probably experience some of the

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Speaker 1: sacrifices and hard work your parents took on to create

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Speaker 1: that classroom for you. Right. So, then, on that note,

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Speaker 1: how it's not guaranteed that you're automatically going to fall

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Speaker 1: into the class the money classroom that maybe you grew

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Speaker 1: up in, right in, particularly if you have a spouse

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Speaker 1: or a partner who maybe it came from somewhere completely different.

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Speaker 1: What does it actually look like to move from one

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Speaker 1: of these classrooms to another to where you're able to

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Speaker 1: maybe communicate about it a little better, or it's it's

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Speaker 1: you know, a less emotional conversation. Yes, yeah, well, well,

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Speaker 1: pushing to that that number four classroom, that secure money classroom,

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Speaker 1: is something I challenge the readers to do in the book,

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Speaker 1: that no matter how you grew up, you can always

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Speaker 1: move to that fourth classroom. And so what it takes,

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Speaker 1: It takes a level of control with your money to

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Speaker 1: create that that emotionally calm household when it comes to money.

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Speaker 1: And there's a tactical side to that, right, like when

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Speaker 1: you're on a budget, when you don't have debt, when

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Speaker 1: you when you're saving for the future and you have

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Speaker 1: an emergency fund. I mean, there's tactical things you can

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Speaker 1: put in place that create this level of of calm

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Speaker 1: and peacefulness if you will, about the subject that can

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Speaker 1: be so insane. And I think that the insanity of

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Speaker 1: this emotionally when it comes to money happens when things

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Speaker 1: are unstable and you know, you if you re furloughed

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Speaker 1: or you lose a job and you don't have um

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Speaker 1: an emergency funds and you have bills to pay, I mean,

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Speaker 1: that's going to create stress. But if you lost a

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Speaker 1: job and you have no bills and you have money

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Speaker 1: in the bank, there, yeah, there's still a little there's

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Speaker 1: a percentage of fear of like Okay, I need to

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Speaker 1: get money coming in. Yes, but you're in a totally

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Speaker 1: different emotional a position than someone else. So there's tactical

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Speaker 1: things you can do to help the emotional side, and

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Speaker 1: then I would say the verbal side that communication. It

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Speaker 1: takes a lot of practice because it can be really

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Speaker 1: awkward at first. It's a very vulnerable subject, especially if

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Speaker 1: you're married, um, within a family, or even to your

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Speaker 1: kids to start that, but I would say it make it.

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Speaker 1: It's a non shameful topic, like your money does not

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Speaker 1: define you. And I feel like our our self worth

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Speaker 1: has become our net worth in today's world, and that's

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Speaker 1: not the case. This number that is attached to our

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Speaker 1: financial world, it's not who you are. And to say,

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Speaker 1: you know what I can, I can kind of put

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Speaker 1: this distance between me and my money. But to look

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Speaker 1: at my money as a tool and say, okay, what

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Speaker 1: can I do um to help this tool make my

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Speaker 1: life better instead of more stressful. And so just talking

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Speaker 1: about your goals and your dreams and your fears and

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Speaker 1: just having conversations around the bigger picture of money is

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Speaker 1: where you can start out. Well, you just touched on

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Speaker 1: some good stuff there, Rachel. We want to ask you

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Speaker 1: more about that stuff. In particular, we want to get

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Speaker 1: into the role of fear in handling our money. And

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Speaker 1: we'll ask you some questions about that right after this break. Alright,

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Speaker 1: we're back from the break talking with Rachel Cruz. We're

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Speaker 1: talking through her books Some Know Yourself, Know Your Money

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Speaker 1: and Rachel. Before the break, you know, we were talking

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Speaker 1: about how so much of the way we view our

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Speaker 1: money it's because of our childhood experiences. At the same time,

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Speaker 1: you know, you talk about our unique money tendencies in

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Speaker 1: the book, you offer seven different ones to think about.

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Speaker 1: How does thinking about our money tendencies? How does that

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Speaker 1: help us to understand money in a deeper way? What

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Speaker 1: helps us? It reveals what we value in life. So

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Speaker 1: one of the tendencies is when you spend money, do

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Speaker 1: you tend to spend it on experiences or things? And

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Speaker 1: I love experiences and like I all day we'll go

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Speaker 1: out to a nice dinner, or go on a great vacation,

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Speaker 1: or take my kids to the zoo, like I will

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Speaker 1: do an experience. Where my husband values things, He's like,

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Speaker 1: you know what, I if I work hard, I want

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Speaker 1: to be able to use something over and over again,

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Speaker 1: because that's where my hard work has been and I

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Speaker 1: want to be able to use it. And so gosh,

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Speaker 1: the first probably even a year and a half of

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Speaker 1: our marriage. We got married young, and I remember even

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Speaker 1: just going out to dinner and he would never buy

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Speaker 1: a drink, like he would always get water. And I

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Speaker 1: was like, Winston, have a glass of wine with me,

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Speaker 1: or like get a coke, like I don't care, like

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Speaker 1: like something, and he's like no, like I don't know,

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Speaker 1: I'm not gonna waste you know, ten dollars on a

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Speaker 1: glass of wine when I could buy a whole bottle

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Speaker 1: and you know, at the store down the street, And

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Speaker 1: like for the budget, we're on a type budget and

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Speaker 1: he's like, it makes no sense. And I wish I

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Speaker 1: had this verbage because I'm like, you know what it's

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Speaker 1: It's not because he's a saver and it's not anything

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Speaker 1: like that. It's just he just genuinely does not value

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Speaker 1: experience as the way I do. And so again having

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Speaker 1: that verbage, like, man, I wish I had that, and

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Speaker 1: that frustration probably wouldn't be there as much early on

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Speaker 1: a marriage. But yeah, I think it's it's that kind

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Speaker 1: of things when you go through the seven tendencies, neither

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Speaker 1: one is right or wrong. There's not like a moral

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Speaker 1: compass that this one's better or that one's better. It

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Speaker 1: really is just your natural instinct with money, what comes

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Speaker 1: to mind when of your personality, um and how you

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Speaker 1: relate to it. And so that just helps kind of

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Speaker 1: put verbiage and again these words too, Okay, this is

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Speaker 1: what I value and here's where I lean and it's

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Speaker 1: not right or wrong, but just knowing it helps you.

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Speaker 1: So one of the other tendencies you had in there

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Speaker 1: was the difference between a nerd and the free spirit.

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Speaker 1: And a lot of times folks will be like, man,

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Speaker 1: Matt and Jewel are are so similar when it comes

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Speaker 1: to how they talk about money. But I feel like

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Speaker 1: that that's one instance where Joel's one of free spirit.

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Speaker 1: I am totally the nerd. I'm the one that I

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Speaker 1: mean every month, you know, I've got a zero some budget.

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Speaker 1: I know where every single penny goes. If you intend

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Speaker 1: to never look at an extel spirit from my whole life,

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Speaker 1: but you like love them. Man, Joel's like, Everything's gonna

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Speaker 1: be fine, you know, like is we just do the

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Speaker 1: right things and everything's gonna fall into place. But yeah,

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Speaker 1: can you can you either talk to that example or

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Speaker 1: is another example that you can mention for our listeners. Yeah? Yeah,

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Speaker 1: the nerd and free spirit. It's definitely when it comes

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Speaker 1: to money management. But I like specifically the budget. So yeah,

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Speaker 1: do you just like you're saying, I mean, do you

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Speaker 1: just thrive and excel and you thrive like the control

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Speaker 1: of knowing that this is exactly what's happening, the planning,

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Speaker 1: the predictability, it's all there and oh there's it just

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Speaker 1: feels so good. Right. So that that's the nerd. That's

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Speaker 1: my husband. He loves it all. Where I'm more the

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Speaker 1: free spirit. Which is funny that I'm the one that

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Speaker 1: talks about money day in and day out, but I

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Speaker 1: am I'm like, I yeah, what was it Joel or Matt?

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Speaker 1: Who's the free spirit? I'm more the free spirit. I

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Speaker 1: could literally get by without a budget, as you know,

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Speaker 1: I don't really need a budget because I'm I'm so

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Speaker 1: focused on on saving and so yeah, but I feel

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Speaker 1: like after that, and now that I've got the savings handled, like,

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Speaker 1: I mean, really, do I need to be enslaved to

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Speaker 1: a budget? I know? I know, Yeah, I mean that's

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Speaker 1: where I leaned for sure. I'm like, oh the details.

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Speaker 1: I mean, at the end of the day, it's gonna

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Speaker 1: be fine. Like if I go to Chick fil A

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Speaker 1: one more time. I think we're gonna be okay, Like

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Speaker 1: it's fine, Like I yeah, that's totally where I tend

427
00:19:38,240 --> 00:19:42,359
Speaker 1: to lead lean And there's another tendency as well, spender

428
00:19:42,440 --> 00:19:44,400
Speaker 1: versus saver. And what's funny is a lot of people

429
00:19:44,480 --> 00:19:46,679
Speaker 1: think that a nerd is automatically the saver and the

430
00:19:46,720 --> 00:19:50,000
Speaker 1: free spirit's automatically the spender, where that's not always the case.

431
00:19:50,440 --> 00:19:52,880
Speaker 1: My parents are a great example of this. My mom

432
00:19:53,480 --> 00:19:55,880
Speaker 1: is a free spirit, but she is a saver. My

433
00:19:55,960 --> 00:19:58,959
Speaker 1: dad is a nerd, but he's the spender. So so

434
00:19:59,080 --> 00:20:00,720
Speaker 1: like that one can change too, just like you guys

435
00:20:00,760 --> 00:20:03,000
Speaker 1: are saying, but yeah, just knowing, Okay, I am a

436
00:20:03,200 --> 00:20:06,200
Speaker 1: I'm a spender at heart. I love I love spending money.

437
00:20:06,200 --> 00:20:07,800
Speaker 1: I guess that's Why'm okay it's spending money on cable

438
00:20:07,840 --> 00:20:10,600
Speaker 1: because I'm like, you know, that doesn't matter, it's fine, um,

439
00:20:10,680 --> 00:20:13,440
Speaker 1: but yeah, I love I love spending money. Where Winston

440
00:20:13,640 --> 00:20:16,840
Speaker 1: would be so content, so content just saving our whole

441
00:20:16,840 --> 00:20:19,879
Speaker 1: paycheck and like we I laugh all the times, and

442
00:20:19,960 --> 00:20:22,080
Speaker 1: like he is like the most low maintenance man I've

443
00:20:22,080 --> 00:20:23,760
Speaker 1: ever met. I'm like he can walk into our pantry

444
00:20:23,760 --> 00:20:26,479
Speaker 1: and making dinner out of anything. He'll like put peanut

445
00:20:26,520 --> 00:20:30,000
Speaker 1: butter and flower together or something. I'm like, what's And

446
00:20:30,040 --> 00:20:31,800
Speaker 1: I'm like, just let's just buy dinner. And it's like

447
00:20:31,880 --> 00:20:34,400
Speaker 1: I'm good. I'm like, man, you're such a saver. All

448
00:20:34,400 --> 00:20:37,840
Speaker 1: the classic peanut butter flower ball. I know, I know,

449
00:20:38,400 --> 00:20:41,520
Speaker 1: so low maintenance. All right, let's talk about fear for

450
00:20:41,560 --> 00:20:44,360
Speaker 1: a minute, Rachel, the role of fear in our financial lives.

451
00:20:44,400 --> 00:20:46,399
Speaker 1: It's just it's like a really interesting thing and you

452
00:20:46,480 --> 00:20:49,280
Speaker 1: tackled it really well. And most people, when we think

453
00:20:49,280 --> 00:20:52,199
Speaker 1: about fear, it strikes us as a bad thing, but

454
00:20:52,240 --> 00:20:54,560
Speaker 1: you talk about the positive effects that fear can have

455
00:20:54,840 --> 00:20:57,480
Speaker 1: on how we handle our money. So like, when, in

456
00:20:57,520 --> 00:21:00,960
Speaker 1: your estimation is fear good? And why is it good? Yes?

457
00:21:01,040 --> 00:21:03,760
Speaker 1: I interviewed Dr chip Dot about this subject because I

458
00:21:03,840 --> 00:21:06,240
Speaker 1: love his work on fear and he talks about how

459
00:21:06,240 --> 00:21:09,480
Speaker 1: fear is a gift and really fear is you're not

460
00:21:09,680 --> 00:21:12,439
Speaker 1: your body's natural reaction that you are in need, that

461
00:21:12,480 --> 00:21:14,640
Speaker 1: you are in need of something. So when a fear

462
00:21:14,760 --> 00:21:17,040
Speaker 1: rises up, it's just your body saying, oh gosh, I

463
00:21:17,040 --> 00:21:20,080
Speaker 1: need help, whether it's a bear you know, running at you,

464
00:21:20,119 --> 00:21:22,639
Speaker 1: and you know, fear comes through you have to do something,

465
00:21:22,680 --> 00:21:24,840
Speaker 1: you need help in that moment, or it's a money fear.

466
00:21:25,280 --> 00:21:28,800
Speaker 1: And I love that because anxiety that that's in the

467
00:21:28,920 --> 00:21:30,720
Speaker 1: unhealthy realm. I don't want us to get to a

468
00:21:30,760 --> 00:21:33,720
Speaker 1: point where it's we're anxious and we have anxiety towards money,

469
00:21:33,760 --> 00:21:36,920
Speaker 1: but just just a level of fear though to say okay,

470
00:21:37,240 --> 00:21:39,800
Speaker 1: be able to name it and put things in place

471
00:21:40,160 --> 00:21:43,160
Speaker 1: to help mitigate it. So one of the top financial

472
00:21:43,200 --> 00:21:46,879
Speaker 1: fears for women actually um that in the survey done

473
00:21:47,000 --> 00:21:51,040
Speaker 1: was the lack of security. So the question is you know,

474
00:21:51,080 --> 00:21:53,120
Speaker 1: if something happens, am I going to be okay? Are

475
00:21:53,119 --> 00:21:55,359
Speaker 1: we going to be okay? That's the number one fear

476
00:21:55,400 --> 00:21:58,600
Speaker 1: a woman has. And so putting these safeguards in place,

477
00:21:58,640 --> 00:22:01,160
Speaker 1: just like what we were saying, but an emergency fund

478
00:22:01,200 --> 00:22:02,760
Speaker 1: and getting out of debt, I mean, those kind of

479
00:22:02,800 --> 00:22:05,760
Speaker 1: things set you up well where you're like, okay, yeah,

480
00:22:05,760 --> 00:22:07,600
Speaker 1: if something happens, we are going to be okay because

481
00:22:07,600 --> 00:22:10,560
Speaker 1: we've worked a plan where we're healthier financially and this

482
00:22:10,600 --> 00:22:13,000
Speaker 1: feels good, but but it can still be there. I

483
00:22:13,000 --> 00:22:15,560
Speaker 1: mean Onceton and I we've been doing this stuff for

484
00:22:15,640 --> 00:22:18,560
Speaker 1: a decade now, we've been married, eleven years, and so

485
00:22:18,880 --> 00:22:21,600
Speaker 1: we are we are on you know the baby steps.

486
00:22:21,680 --> 00:22:23,080
Speaker 1: You know, we're on baby step seven. We're on the

487
00:22:23,119 --> 00:22:25,199
Speaker 1: last baby step. Like we we have no debt, we

488
00:22:25,280 --> 00:22:28,399
Speaker 1: have savings, were funding our retirement, like we are on paper,

489
00:22:28,440 --> 00:22:32,840
Speaker 1: in a great spot over ten years. But during the pandemic,

490
00:22:32,880 --> 00:22:36,200
Speaker 1: I mean, gosh, I would say for sure April, even

491
00:22:36,200 --> 00:22:38,280
Speaker 1: into early May. I mean I had so many nights

492
00:22:38,280 --> 00:22:40,200
Speaker 1: I went to bed and I was like, babe, are

493
00:22:40,240 --> 00:22:43,280
Speaker 1: we gonna be okay? Like what is happening in our world?

494
00:22:43,280 --> 00:22:46,239
Speaker 1: And on paper, I shouldn't have that fear, but I

495
00:22:46,280 --> 00:22:48,480
Speaker 1: did because there was such uncertainty. But just to be

496
00:22:48,560 --> 00:22:50,480
Speaker 1: able to name it and to say, okay, no, Rachel,

497
00:22:50,520 --> 00:22:52,560
Speaker 1: don't focus on fear. You have to focus on the facts.

498
00:22:52,560 --> 00:22:54,920
Speaker 1: And here are the facts of what's going on, and

499
00:22:55,000 --> 00:22:58,119
Speaker 1: God forbid, just say everything went to hell in a handbasket.

500
00:22:58,600 --> 00:23:01,440
Speaker 1: You know. Winston's always like, baby, I will landscape yards

501
00:23:01,440 --> 00:23:05,239
Speaker 1: like we well we exactly yet no matter what, like

502
00:23:05,280 --> 00:23:07,919
Speaker 1: we are gonna be okay. And so yeah, focusing on

503
00:23:07,960 --> 00:23:10,479
Speaker 1: the facts is a really important one during fear. And

504
00:23:10,520 --> 00:23:12,639
Speaker 1: so for that, for that fear of am I going

505
00:23:12,680 --> 00:23:15,120
Speaker 1: to be okay? Some people's answer though to that, sadly

506
00:23:15,240 --> 00:23:17,080
Speaker 1: is no, we wouldn't be okay. I mean, if I

507
00:23:17,119 --> 00:23:19,480
Speaker 1: lose a job where I'm furloughed during the pandemic, we

508
00:23:19,560 --> 00:23:22,760
Speaker 1: have bills and we don't have savings. For Americans couldn't

509
00:23:22,800 --> 00:23:25,720
Speaker 1: cover a four hundred dollar emergency in cash. So a

510
00:23:25,800 --> 00:23:28,160
Speaker 1: fear in that in that instance is a really good

511
00:23:28,200 --> 00:23:30,320
Speaker 1: thing because what that is saying is your body is

512
00:23:30,320 --> 00:23:32,679
Speaker 1: saying I need help, I need to do something different.

513
00:23:32,720 --> 00:23:34,840
Speaker 1: If I live like this, I'm going to continue to

514
00:23:34,840 --> 00:23:37,120
Speaker 1: be in this constant fear. So then you can say,

515
00:23:37,119 --> 00:23:39,120
Speaker 1: you know what, no matter what, I'm gonna put safeguards

516
00:23:39,160 --> 00:23:41,359
Speaker 1: in and change. So I'm handling my money so that

517
00:23:41,400 --> 00:23:43,520
Speaker 1: this fear doesn't rise up to the level that it

518
00:23:43,600 --> 00:23:45,320
Speaker 1: is right now. So you can see it as a gift.

519
00:23:45,359 --> 00:23:47,760
Speaker 1: And so whether it's a fear of I don't want

520
00:23:47,760 --> 00:23:49,959
Speaker 1: to end up like my parents, that's that's a lot

521
00:23:49,960 --> 00:23:52,320
Speaker 1: of people's fear. And to see your parents story and

522
00:23:52,359 --> 00:23:55,880
Speaker 1: what they did and make different decisions than what they did. Uh.

523
00:23:55,880 --> 00:23:58,080
Speaker 1: Some people, it's a fear that external forces are going

524
00:23:58,119 --> 00:24:00,080
Speaker 1: to cause me not to win. So like whoever's in

525
00:24:00,080 --> 00:24:03,040
Speaker 1: the White House or Corporate America or tax, like all

526
00:24:03,040 --> 00:24:05,399
Speaker 1: these things I can't control, it's going to cause me

527
00:24:05,400 --> 00:24:06,800
Speaker 1: not to win with money. Okay, well, let's look at

528
00:24:06,840 --> 00:24:08,919
Speaker 1: the things we can control. So, so being able to

529
00:24:09,000 --> 00:24:11,400
Speaker 1: name the fear and then focus on the facts of

530
00:24:11,440 --> 00:24:13,679
Speaker 1: that fear is are the steps to really kind of

531
00:24:13,680 --> 00:24:16,320
Speaker 1: push it down and to not let it take over

532
00:24:16,359 --> 00:24:18,280
Speaker 1: your life? Right? Yeah, well, so many of those fears

533
00:24:18,280 --> 00:24:20,439
Speaker 1: are related to right. I mean, you started talking about

534
00:24:20,520 --> 00:24:23,480
Speaker 1: the like the fear of security or insecurity, and then

535
00:24:23,520 --> 00:24:24,800
Speaker 1: you just touched on one of the other ones that

536
00:24:24,840 --> 00:24:26,959
Speaker 1: you mentioned there, which was the external factors and how

537
00:24:26,960 --> 00:24:30,560
Speaker 1: many individuals have seen those two collide when it came

538
00:24:30,560 --> 00:24:33,320
Speaker 1: to the pandemic. Right, Let's let's keep talking about fear.

539
00:24:33,400 --> 00:24:35,480
Speaker 1: In your book, Rachel, you know you also talk about,

540
00:24:35,840 --> 00:24:37,640
Speaker 1: you know, not just a money fear, but this fear

541
00:24:37,680 --> 00:24:41,440
Speaker 1: of man in the context of how we spend our money. Right,

542
00:24:41,720 --> 00:24:44,159
Speaker 1: that's one of those unhealthy sides of fear. And so

543
00:24:44,200 --> 00:24:47,040
Speaker 1: tell us how that fear of man can you know,

544
00:24:47,240 --> 00:24:50,200
Speaker 1: overcome us and can harm our ability to make smarter

545
00:24:50,280 --> 00:24:52,960
Speaker 1: money decisions. Yeah, the fear of man is simply that

546
00:24:53,560 --> 00:24:56,360
Speaker 1: you are you're you're going to purchase things, you're gonna

547
00:24:56,400 --> 00:24:59,040
Speaker 1: do things with your money because of what other people think.

548
00:24:59,560 --> 00:25:02,359
Speaker 1: And that's a really strong one in our world today.

549
00:25:02,400 --> 00:25:05,399
Speaker 1: I mean, man, whether it's on social media or just

550
00:25:05,440 --> 00:25:08,439
Speaker 1: comparing yourself to someone else at work or within your family,

551
00:25:08,960 --> 00:25:10,919
Speaker 1: I mean, it's a it's a big one. And so

552
00:25:11,080 --> 00:25:13,160
Speaker 1: to say to get to this point where you don't

553
00:25:13,200 --> 00:25:15,000
Speaker 1: have a fear of what man is saying and just

554
00:25:15,640 --> 00:25:18,199
Speaker 1: for your own family to do things that a lot

555
00:25:18,280 --> 00:25:20,200
Speaker 1: of people maybe make fun of you for. I think

556
00:25:20,200 --> 00:25:23,480
Speaker 1: you're strange. You're actually probably living the right way because

557
00:25:23,520 --> 00:25:25,240
Speaker 1: I look at like, you know, the Joneses are broke

558
00:25:25,359 --> 00:25:27,200
Speaker 1: and we're just trying to keep up with broke people.

559
00:25:27,600 --> 00:25:29,399
Speaker 1: We're gonna end up broke. So what are things that

560
00:25:29,440 --> 00:25:31,919
Speaker 1: we can do? And the level of sacrifice that we

561
00:25:31,920 --> 00:25:33,399
Speaker 1: talk about, you know, to get out of debt and

562
00:25:33,400 --> 00:25:36,040
Speaker 1: to do these things. It takes a level to say, I,

563
00:25:36,040 --> 00:25:38,159
Speaker 1: I just don't care what you think of me, Like

564
00:25:38,280 --> 00:25:39,720
Speaker 1: I don't care what you think. And I get that

565
00:25:39,760 --> 00:25:41,720
Speaker 1: a lot of my space, Like I I teach people

566
00:25:41,760 --> 00:25:44,159
Speaker 1: no credit cards, and I people look at me like

567
00:25:44,200 --> 00:25:46,080
Speaker 1: I have three eyes and they probably talk behind my

568
00:25:46,119 --> 00:25:47,920
Speaker 1: back and like she is the weirdest person. You don't

569
00:25:47,960 --> 00:25:50,480
Speaker 1: any airline miles she's not getting because of this, like

570
00:25:50,480 --> 00:25:51,760
Speaker 1: like all these things, and I'm like, you know what,

571
00:25:51,800 --> 00:25:54,400
Speaker 1: I just don't care anymore. I don't care what people think.

572
00:25:54,640 --> 00:25:56,320
Speaker 1: I'm going to continue to do what I'm doing. And

573
00:25:56,359 --> 00:25:58,280
Speaker 1: you have to have that level because of other people

574
00:25:58,760 --> 00:26:01,959
Speaker 1: and their opinions of you are driving your money decisions,

575
00:26:02,440 --> 00:26:04,480
Speaker 1: You're going to probably be in a very average place

576
00:26:04,480 --> 00:26:07,719
Speaker 1: in your life, and average financially in America is not

577
00:26:07,800 --> 00:26:10,000
Speaker 1: a great one. So there's a level where you have

578
00:26:10,000 --> 00:26:11,480
Speaker 1: to say, you know, I just don't care what you think.

579
00:26:11,480 --> 00:26:13,919
Speaker 1: I don't care that do you think my car is crappy,

580
00:26:13,960 --> 00:26:15,520
Speaker 1: because right now it is a little crappy, but I'm

581
00:26:15,520 --> 00:26:17,920
Speaker 1: gonna buy a new one eventually in life. Or like, uh,

582
00:26:17,960 --> 00:26:19,640
Speaker 1: I don't care what you think. You know that we're

583
00:26:19,640 --> 00:26:22,160
Speaker 1: not going on vacation this year, um, which I guess

584
00:26:22,160 --> 00:26:23,760
Speaker 1: probably with a lot of people because of the pandemic.

585
00:26:23,800 --> 00:26:25,199
Speaker 1: But like that used to be a weird thing if

586
00:26:25,240 --> 00:26:27,280
Speaker 1: people like, what, you're not going on vacation, It's like, no,

587
00:26:27,359 --> 00:26:29,800
Speaker 1: we're actually putting money away for savings, or we're getting

588
00:26:29,800 --> 00:26:31,639
Speaker 1: out of debt or you know whatever it is. So

589
00:26:31,680 --> 00:26:34,000
Speaker 1: it's just that fear, um that fear a man can

590
00:26:34,119 --> 00:26:36,680
Speaker 1: drive a lot of our unhealthy money choices. Yeah, I

591
00:26:36,680 --> 00:26:39,280
Speaker 1: think sometimes you gotta hang out with other people who

592
00:26:39,400 --> 00:26:41,439
Speaker 1: are trying to be weird in the same way, in

593
00:26:41,480 --> 00:26:43,719
Speaker 1: the same positive direction to that can be so helpful.

594
00:26:43,840 --> 00:26:46,320
Speaker 1: Right The people that are that are like pursuing the

595
00:26:46,359 --> 00:26:50,359
Speaker 1: same thing that you are, because most people are pursuing

596
00:26:50,480 --> 00:26:53,800
Speaker 1: the stock lifestyle that leads them into more debt, into

597
00:26:54,040 --> 00:26:57,000
Speaker 1: having less savings, into being less secure financially. And so yeah,

598
00:26:57,000 --> 00:27:00,360
Speaker 1: if you can put yourself around other weirdos money, where

599
00:27:00,440 --> 00:27:01,760
Speaker 1: does I think it's gonna be helpful? It's a good

600
00:27:01,760 --> 00:27:07,520
Speaker 1: thing unless it turns into a cult. Uh Rachel, At

601
00:27:07,560 --> 00:27:10,840
Speaker 1: what point do you describe the antidote to fear as

602
00:27:11,080 --> 00:27:13,640
Speaker 1: contentment um? And so, yeah, I want to ask you

603
00:27:14,080 --> 00:27:17,000
Speaker 1: specifically for yourself, how do you how are you able

604
00:27:17,040 --> 00:27:19,000
Speaker 1: to build more contentment into your life? And then how

605
00:27:19,040 --> 00:27:21,720
Speaker 1: do you suggest other people try to find contentment? Because

606
00:27:21,760 --> 00:27:25,280
Speaker 1: you're right, I mean scrolling through Instagram can instantly lead

607
00:27:25,320 --> 00:27:28,280
Speaker 1: to the pangs of wanting more. How do you how

608
00:27:28,280 --> 00:27:30,840
Speaker 1: do we build more contentment in our lives? Yes, contentment

609
00:27:30,920 --> 00:27:32,760
Speaker 1: is it's such a huge subject and it's when I've

610
00:27:32,760 --> 00:27:34,520
Speaker 1: I've written about in the past because it is such

611
00:27:34,520 --> 00:27:37,440
Speaker 1: a big part of winning financially. I think the first

612
00:27:37,480 --> 00:27:40,760
Speaker 1: step of contentment is just gratitude, learning to be grateful

613
00:27:41,119 --> 00:27:44,280
Speaker 1: and gosh, I mean heart filled with gratitude. There is

614
00:27:44,320 --> 00:27:47,320
Speaker 1: no room for discontentment when you are just grateful with

615
00:27:47,359 --> 00:27:49,600
Speaker 1: where you are and and gratitude. You know that doesn't

616
00:27:49,640 --> 00:27:51,679
Speaker 1: mean that you don't have goals or anything, but but

617
00:27:51,840 --> 00:27:53,320
Speaker 1: just to say, you know what, I am going to

618
00:27:53,400 --> 00:27:55,960
Speaker 1: be so thankful for where God has me in this moment.

619
00:27:56,600 --> 00:27:59,960
Speaker 1: And added that gratitude leads to humility, and I love

620
00:28:00,080 --> 00:28:02,760
Speaker 1: Rick Warren's quote on humility. He said, the humility is

621
00:28:02,800 --> 00:28:05,680
Speaker 1: not thinking less of yourself, but it's thinking of yourself

622
00:28:05,760 --> 00:28:09,080
Speaker 1: less and so putting other people on the forefront of

623
00:28:09,119 --> 00:28:12,240
Speaker 1: your mind. And I think giving and generosity flows out

624
00:28:12,240 --> 00:28:14,399
Speaker 1: of this. But just having a humble mindset. We're like,

625
00:28:14,440 --> 00:28:16,479
Speaker 1: you know what, life's not all about me? Like we

626
00:28:16,480 --> 00:28:18,000
Speaker 1: we live in a world where we have a camera

627
00:28:18,080 --> 00:28:19,800
Speaker 1: in front of our phones that looks at us to

628
00:28:19,840 --> 00:28:22,480
Speaker 1: take pictures of ourselves. Like I mean, it's just unbelievable,

629
00:28:22,880 --> 00:28:24,439
Speaker 1: and I'm like, man, what have we just actually had

630
00:28:24,440 --> 00:28:26,640
Speaker 1: an outward focus and say I'm gonna love and serve

631
00:28:26,680 --> 00:28:29,160
Speaker 1: people really well, and life's not all about me. There's

632
00:28:29,160 --> 00:28:30,720
Speaker 1: a level of joy that comes out of that. And

633
00:28:30,760 --> 00:28:33,919
Speaker 1: then out of that humility really does come contentments, but

634
00:28:33,960 --> 00:28:36,480
Speaker 1: it starts with that gratitude, humility, and in contentment to

635
00:28:36,560 --> 00:28:39,760
Speaker 1: it's not complacency. Um. I think it's just this peace

636
00:28:40,000 --> 00:28:43,240
Speaker 1: in your heart with where you're at, and it's a

637
00:28:43,400 --> 00:28:46,600
Speaker 1: it's an ongoing journey. Obviously, once you have contentment, you

638
00:28:46,600 --> 00:28:48,320
Speaker 1: don't have it forever. I mean, I have times where

639
00:28:48,360 --> 00:28:50,760
Speaker 1: I'm discontent and things and parts of my life, and

640
00:28:50,800 --> 00:28:53,440
Speaker 1: so going back to that kind of formula for me

641
00:28:53,520 --> 00:28:57,160
Speaker 1: at least helps drive forward, um, that contentment. But it

642
00:28:57,280 --> 00:29:00,560
Speaker 1: is when people are content, Gosh, they live life within

643
00:29:00,600 --> 00:29:04,240
Speaker 1: open hands. They're more generous, they can they save more money.

644
00:29:04,440 --> 00:29:07,200
Speaker 1: Content people are okay sacrificing their lifestyle and the short

645
00:29:07,320 --> 00:29:09,080
Speaker 1: term to get ahead in the long term. I Mean,

646
00:29:09,440 --> 00:29:12,560
Speaker 1: there's so much because that the amount of stuff that

647
00:29:12,720 --> 00:29:15,200
Speaker 1: is told to us that we need, this level of

648
00:29:15,320 --> 00:29:18,560
Speaker 1: lifestyle that is told to us that we should have. Uh,

649
00:29:18,760 --> 00:29:21,120
Speaker 1: it's pretty unbelievable. I'm like, God, there's just a level

650
00:29:21,160 --> 00:29:23,840
Speaker 1: of entitlement we probably all have to a degree but

651
00:29:23,920 --> 00:29:25,760
Speaker 1: we just keep thinking that stuff is going to make

652
00:29:25,840 --> 00:29:28,040
Speaker 1: us happy, and we become a rat and a wheel

653
00:29:28,480 --> 00:29:32,640
Speaker 1: for our whole lives, running running, running, getting nowhere, keep buying,

654
00:29:32,800 --> 00:29:35,560
Speaker 1: and keep keep consuming bigger and better, thinking okay, well

655
00:29:35,560 --> 00:29:38,160
Speaker 1: maybe this thing is going to fulfill that or maybe okay,

656
00:29:38,160 --> 00:29:40,520
Speaker 1: maybe I'll be happy when I get this. And it's

657
00:29:40,560 --> 00:29:42,320
Speaker 1: a game and we play it all the time. But

658
00:29:42,320 --> 00:29:43,760
Speaker 1: I'm like, what if we just kind of cut all

659
00:29:43,760 --> 00:29:46,040
Speaker 1: that out. I went on like a huge minimalist kick,

660
00:29:46,440 --> 00:29:49,040
Speaker 1: like two years ago. I was like, sell everything. I

661
00:29:49,120 --> 00:29:51,280
Speaker 1: was like, oh, I'm so done with it all because

662
00:29:51,280 --> 00:29:53,320
Speaker 1: there it doesn't like I always say it's okay to

663
00:29:53,400 --> 00:29:56,240
Speaker 1: have nice stuff, just at your nice stuff have you?

664
00:29:56,760 --> 00:29:59,719
Speaker 1: And we live in a culture where our stuff owns us.

665
00:29:59,760 --> 00:30:02,920
Speaker 1: At owns us financially because we're in debt for it,

666
00:30:02,960 --> 00:30:06,440
Speaker 1: and it owns us because of our emotional place where

667
00:30:06,440 --> 00:30:08,880
Speaker 1: we're at. We just consume and consume and consume, and

668
00:30:08,920 --> 00:30:11,320
Speaker 1: so it puts us in a really bad spot, I think,

669
00:30:11,360 --> 00:30:16,760
Speaker 1: financially and emotionally. So that contentment piece, Oh, it's huge, right,

670
00:30:16,800 --> 00:30:19,480
Speaker 1: I mean, it just takes having the proper perspective on it. Um.

671
00:30:19,520 --> 00:30:21,160
Speaker 1: I mean, and you're saying it starts with gratitude, So

672
00:30:21,200 --> 00:30:23,280
Speaker 1: I mean literally physically, what does that look like? You

673
00:30:23,280 --> 00:30:25,880
Speaker 1: know you mentioned kind of being like holding this gratitude

674
00:30:25,880 --> 00:30:28,080
Speaker 1: in your heart, but like outwardly, how do you even

675
00:30:28,080 --> 00:30:29,760
Speaker 1: get to that point? Does it come with just maybe

676
00:30:29,760 --> 00:30:32,520
Speaker 1: writing a few things down? Like how would you recommend

677
00:30:32,520 --> 00:30:36,600
Speaker 1: to somebody to take those first steps towards gratitude? Yes, uh, gosh,

678
00:30:36,640 --> 00:30:38,920
Speaker 1: probably five years. It's been a while. Probably five years ago.

679
00:30:38,960 --> 00:30:40,960
Speaker 1: I started this habit of writing down two things that

680
00:30:41,000 --> 00:30:43,400
Speaker 1: I'm grateful for, and I did it on the notes

681
00:30:43,440 --> 00:30:45,320
Speaker 1: app on my iPhone and I would wake up because

682
00:30:45,320 --> 00:30:46,880
Speaker 1: every morning I used to wake up and like check

683
00:30:46,920 --> 00:30:49,640
Speaker 1: email and scroll Instagram, like all before my feet even

684
00:30:49,720 --> 00:30:51,520
Speaker 1: hit like the floor, which is so sad to say,

685
00:30:51,600 --> 00:30:54,240
Speaker 1: but like that's where I was. And I thought, God,

686
00:30:54,240 --> 00:30:56,360
Speaker 1: I'm starting my day off like this. And and so

687
00:30:56,480 --> 00:30:58,160
Speaker 1: I changed it up where I was like, I'm gonna

688
00:30:58,160 --> 00:30:59,560
Speaker 1: just think of two things I'm grateful for. It. I

689
00:30:59,560 --> 00:31:02,320
Speaker 1: tried to do two different things each morning, and after

690
00:31:02,840 --> 00:31:05,160
Speaker 1: years of doing it, I'm still I'm not consistent at

691
00:31:05,160 --> 00:31:07,239
Speaker 1: it today, I should say that, But like for for

692
00:31:07,360 --> 00:31:09,400
Speaker 1: years though, I did it, and I just had this

693
00:31:09,520 --> 00:31:13,440
Speaker 1: running list of stuff and it was so helpful. So

694
00:31:13,480 --> 00:31:15,800
Speaker 1: I was starting there and then I would say verbalize

695
00:31:15,800 --> 00:31:18,280
Speaker 1: it and it's a little vulnerable, but like, if there's

696
00:31:18,320 --> 00:31:20,160
Speaker 1: people that you work with that you're just thankful for,

697
00:31:20,520 --> 00:31:23,720
Speaker 1: say it. If there if a spouse does something for you,

698
00:31:24,200 --> 00:31:26,200
Speaker 1: show gratitude and be like I see that and I

699
00:31:26,280 --> 00:31:29,600
Speaker 1: appreciate that. Thank you for doing that, um for your kids.

700
00:31:29,640 --> 00:31:31,480
Speaker 1: May have started doing this with my kids. They helped

701
00:31:31,520 --> 00:31:33,600
Speaker 1: so much around or the five year old does more

702
00:31:33,600 --> 00:31:35,840
Speaker 1: and more, and I'm always like, I just I need

703
00:31:35,880 --> 00:31:37,600
Speaker 1: to remind myself to tell her thank you. I'm like

704
00:31:37,800 --> 00:31:40,240
Speaker 1: Mili Jane, thank you so much. Like I it's such

705
00:31:40,280 --> 00:31:41,600
Speaker 1: a help to mom when you when you help me

706
00:31:41,640 --> 00:31:43,520
Speaker 1: get diapers for Charles or like whatever it is. But

707
00:31:43,960 --> 00:31:46,720
Speaker 1: just saying it out loud even changes your spirit and

708
00:31:46,720 --> 00:31:50,320
Speaker 1: who you are. That's awesome. I love it. And yeah,

709
00:31:50,360 --> 00:31:53,040
Speaker 1: you know, one of our best friends, when we have

710
00:31:53,080 --> 00:31:55,200
Speaker 1: dinner with them, they always do like, what's the best

711
00:31:55,240 --> 00:31:56,560
Speaker 1: thing about the day? What was the worst thing about

712
00:31:56,560 --> 00:31:58,480
Speaker 1: the day, And usually what the best thing about the

713
00:31:58,560 --> 00:32:01,280
Speaker 1: day was it's somebody in their family who who helped

714
00:32:01,320 --> 00:32:03,720
Speaker 1: them out with something, something they did together, and it's

715
00:32:03,760 --> 00:32:05,680
Speaker 1: that kind of thing. It's like, yeah, well it kind

716
00:32:05,720 --> 00:32:08,800
Speaker 1: of got us motivated to start doing something similar at

717
00:32:08,840 --> 00:32:11,200
Speaker 1: our dinner table. And I think those kind of acts

718
00:32:11,240 --> 00:32:13,760
Speaker 1: of gratitude one, they helped build a healthy family, but

719
00:32:13,960 --> 00:32:15,920
Speaker 1: they help remind you of what's important. It does, and

720
00:32:15,920 --> 00:32:17,640
Speaker 1: I think in our world today too, I'm like, we

721
00:32:17,720 --> 00:32:19,640
Speaker 1: are so I mean, I know, the word divided is

722
00:32:19,680 --> 00:32:21,640
Speaker 1: like thrown out all the time that high car country

723
00:32:21,640 --> 00:32:23,600
Speaker 1: is so divided, but it really is. I'm like, I

724
00:32:23,640 --> 00:32:25,440
Speaker 1: go on social media and I'm like, I'm dying at

725
00:32:25,480 --> 00:32:27,400
Speaker 1: these comments that people make. I mean, it's just a

726
00:32:27,760 --> 00:32:30,160
Speaker 1: it's so crazy. I feel like where we're living right

727
00:32:30,160 --> 00:32:32,440
Speaker 1: now in our world. And when you just have a

728
00:32:32,480 --> 00:32:35,200
Speaker 1: spirit of gratitude and you smile and you say thank

729
00:32:35,280 --> 00:32:37,080
Speaker 1: you and you say, hey, I'm grateful for that that

730
00:32:37,120 --> 00:32:39,800
Speaker 1: you just did, I mean that people don't hear that anymore.

731
00:32:39,800 --> 00:32:42,240
Speaker 1: It's so sad to say, but they don't. And so yeah,

732
00:32:42,480 --> 00:32:45,480
Speaker 1: stand out from the crowd, mean seriously, I mean, yeah,

733
00:32:45,520 --> 00:32:47,600
Speaker 1: it's huge. So I'd like to say thank you for

734
00:32:47,640 --> 00:32:53,280
Speaker 1: having me on you guys already and I just jol

735
00:32:53,320 --> 00:32:56,120
Speaker 1: I am thankful for you. But it's a great circle

736
00:32:56,160 --> 00:32:58,400
Speaker 1: of thankfulness of Hey, Rachel, we do have a few

737
00:32:58,400 --> 00:32:59,800
Speaker 1: more questions we want to get you with you and

738
00:32:59,800 --> 00:33:11,320
Speaker 1: what it to those right after this break? All right,

739
00:33:11,360 --> 00:33:14,480
Speaker 1: we're back from the break and we're talking with Rachel Cruz. Rachel.

740
00:33:14,520 --> 00:33:17,560
Speaker 1: I love how you tie becoming a good saver to dreaming.

741
00:33:17,880 --> 00:33:20,200
Speaker 1: In your book, you said that not having savings is

742
00:33:20,240 --> 00:33:23,280
Speaker 1: a warning sign that you've not tuned into your dreams.

743
00:33:23,560 --> 00:33:26,280
Speaker 1: And so tell us about that and how meaningful dreams

744
00:33:26,560 --> 00:33:29,480
Speaker 1: help us to become better savers. Yeah. I never really

745
00:33:29,480 --> 00:33:32,440
Speaker 1: have attached the two before this book, because as I

746
00:33:32,480 --> 00:33:34,480
Speaker 1: was writing it, though, I was thinking, okay, asking the

747
00:33:34,560 --> 00:33:36,400
Speaker 1: question why do we save the way we save? And

748
00:33:36,440 --> 00:33:38,960
Speaker 1: I do that with giving and spending two. But on

749
00:33:39,040 --> 00:33:41,000
Speaker 1: the saving side, I thought, well, why do we save

750
00:33:41,320 --> 00:33:42,920
Speaker 1: what we save? And I thought, well, there's like the

751
00:33:42,960 --> 00:33:45,440
Speaker 1: practical side that what I teach of the emergency fund

752
00:33:45,440 --> 00:33:48,440
Speaker 1: and saving fiftcent of your income to retirement all that,

753
00:33:48,560 --> 00:33:52,080
Speaker 1: but above and beyond that, why would you be saving

754
00:33:52,080 --> 00:33:53,520
Speaker 1: and what are you saving? Four? And so I just

755
00:33:53,560 --> 00:33:55,240
Speaker 1: thought back in my own life, what are things Onceton

756
00:33:55,280 --> 00:33:57,960
Speaker 1: and I have saved for over the years of marriage,

757
00:33:58,000 --> 00:34:00,400
Speaker 1: And it's all gold and dreams that we had of

758
00:34:00,520 --> 00:34:02,880
Speaker 1: like whether it was a you know, our first vacation

759
00:34:02,920 --> 00:34:05,160
Speaker 1: we took as a married couple after our honeymoon, or

760
00:34:05,240 --> 00:34:07,560
Speaker 1: it was building at home, like whatever it was big

761
00:34:07,640 --> 00:34:10,360
Speaker 1: or small, it was these things. I thought, Okay, we

762
00:34:10,440 --> 00:34:13,359
Speaker 1: have these dreams in life, and majority of dreams, not all,

763
00:34:13,440 --> 00:34:16,799
Speaker 1: but majority of them have a financial aspect to it

764
00:34:16,880 --> 00:34:19,040
Speaker 1: that you have to fund. And so um, I know

765
00:34:19,160 --> 00:34:21,160
Speaker 1: for us though, we can gosh, we can get to

766
00:34:21,200 --> 00:34:23,080
Speaker 1: the end of a week and just think, did we

767
00:34:23,120 --> 00:34:25,080
Speaker 1: even look up? Because I feel like you're just like

768
00:34:25,239 --> 00:34:27,399
Speaker 1: you're waking up and doing breakfast and getting kids ready

769
00:34:27,400 --> 00:34:29,560
Speaker 1: and going to work and coming home and doing homework

770
00:34:29,560 --> 00:34:31,640
Speaker 1: and bedtime and dinner and going to bed, and then

771
00:34:31,680 --> 00:34:33,840
Speaker 1: you're exhausted and fall asleep and wake up and you

772
00:34:33,880 --> 00:34:36,600
Speaker 1: just do it again. It almost feels like groundhog Day.

773
00:34:36,680 --> 00:34:39,800
Speaker 1: And if you if you're not purposeful of saying okay, no,

774
00:34:39,880 --> 00:34:41,600
Speaker 1: what you know what, we're gonna just stop and look

775
00:34:41,680 --> 00:34:43,160
Speaker 1: up and just say, Okay, what do we want in

776
00:34:43,200 --> 00:34:47,279
Speaker 1: the next year, five years, ten years, and dream And

777
00:34:47,280 --> 00:34:49,399
Speaker 1: when you have those dreams and you get excited about

778
00:34:49,440 --> 00:34:50,880
Speaker 1: them and they keep kind of rising up, then you

779
00:34:50,880 --> 00:34:53,279
Speaker 1: can say, okay, this one's sticking. This is something we

780
00:34:53,280 --> 00:34:55,760
Speaker 1: really want to do, then you can then the savings

781
00:34:55,840 --> 00:34:58,680
Speaker 1: aspect follows it because you're excited to save, or at

782
00:34:58,719 --> 00:35:01,400
Speaker 1: least for me, So them saving two can feel like

783
00:35:01,440 --> 00:35:03,680
Speaker 1: this black hole that I just especially in my like

784
00:35:03,680 --> 00:35:05,239
Speaker 1: four oh one K and roth ira A. I'm like,

785
00:35:05,320 --> 00:35:07,040
Speaker 1: I know I can see the numbers growing, but it

786
00:35:07,080 --> 00:35:10,520
Speaker 1: just feels like all this is going away for future. Yeah,

787
00:35:10,600 --> 00:35:13,200
Speaker 1: I mean, gosh, I'm like, oh so, but these these

788
00:35:13,200 --> 00:35:15,319
Speaker 1: other dreams that are so much more tangible in the

789
00:35:15,400 --> 00:35:18,680
Speaker 1: moment um, they do they help you, They help you save.

790
00:35:18,719 --> 00:35:21,000
Speaker 1: And when you don't have something you're excited to save for,

791
00:35:21,080 --> 00:35:24,120
Speaker 1: that means you probably don't have a dream you're excited about. Yeah.

792
00:35:24,280 --> 00:35:26,239
Speaker 1: So so then when we do have the dream, how

793
00:35:26,239 --> 00:35:29,160
Speaker 1: do we turn the dream then into like that money

794
00:35:29,200 --> 00:35:33,040
Speaker 1: saving reality. I would say, make make small goals and

795
00:35:33,080 --> 00:35:34,920
Speaker 1: so figure out, Okay, how much is this dream going

796
00:35:34,960 --> 00:35:38,920
Speaker 1: to cost? Whether it's maybe moving to a different school

797
00:35:38,960 --> 00:35:42,160
Speaker 1: district or starting a business or going on a vacation

798
00:35:42,200 --> 00:35:44,600
Speaker 1: like whatever that dream is. That you have to kind

799
00:35:44,600 --> 00:35:45,960
Speaker 1: of put it out there and say, okay, here's what

800
00:35:46,040 --> 00:35:48,040
Speaker 1: I need for it, here's the timeline, and then just

801
00:35:48,080 --> 00:35:50,960
Speaker 1: break it down into small bite sized pieces that you

802
00:35:50,960 --> 00:35:53,120
Speaker 1: can have these goals short term goals to save up

803
00:35:53,120 --> 00:35:55,279
Speaker 1: for it. Um that's the tactile side. But I would

804
00:35:55,320 --> 00:35:58,120
Speaker 1: also say to dig into the dream and ask those

805
00:35:58,200 --> 00:36:00,919
Speaker 1: why questions. You know, I hear a lot of people say, well,

806
00:36:00,960 --> 00:36:03,560
Speaker 1: you know, one big goal we have is to go

807
00:36:03,600 --> 00:36:06,560
Speaker 1: on a week long vacation to Hawaii or like whatever

808
00:36:06,600 --> 00:36:09,480
Speaker 1: the thing is, and to ask yourself, well, why do

809
00:36:09,480 --> 00:36:12,239
Speaker 1: you want to do that? It's like, well, I want

810
00:36:12,280 --> 00:36:13,919
Speaker 1: to just be with my family. Okay, So you want

811
00:36:13,960 --> 00:36:16,920
Speaker 1: quality time with your family. Why do you want that?

812
00:36:17,120 --> 00:36:18,759
Speaker 1: Because I don't feel like I have it all the

813
00:36:18,760 --> 00:36:21,640
Speaker 1: time because we're so busy. Okay, So you kind of

814
00:36:21,640 --> 00:36:24,640
Speaker 1: start asking this and then find the things that it's

815
00:36:24,840 --> 00:36:26,920
Speaker 1: fueling the dream and what can you do in the

816
00:36:26,960 --> 00:36:29,440
Speaker 1: short term. So if it really is quality time with

817
00:36:29,520 --> 00:36:31,759
Speaker 1: family in your a way so you don't have the

818
00:36:31,800 --> 00:36:35,160
Speaker 1: distractions of life, can you It sounds cheesy, but seriously,

819
00:36:35,280 --> 00:36:36,759
Speaker 1: like that weekend, can you just go to the park

820
00:36:36,800 --> 00:36:38,560
Speaker 1: with your family for three hours and get a little

821
00:36:38,560 --> 00:36:41,560
Speaker 1: glimpse of having that dream accomplished on a on a

822
00:36:41,680 --> 00:36:44,759
Speaker 1: very small end, but asking your your wise of the

823
00:36:44,880 --> 00:36:48,920
Speaker 1: dreams and finding ways to accomplish those throughout the saving process,

824
00:36:48,960 --> 00:36:51,280
Speaker 1: so you get to the big actual dream is important

825
00:36:51,320 --> 00:36:53,680
Speaker 1: to Yeah, well, and you can. I mean you've broken

826
00:36:53,719 --> 00:36:55,160
Speaker 1: them up as well. Right, So you've kind of talked

827
00:36:55,200 --> 00:36:57,360
Speaker 1: about some of these shorter term dreams, like a vacation

828
00:36:57,640 --> 00:36:59,640
Speaker 1: something like that, like longer term dreams, I guess are

829
00:36:59,760 --> 00:37:02,120
Speaker 1: you know, things more like maybe retirement, maybe stepping away

830
00:37:02,120 --> 00:37:04,839
Speaker 1: from a high pressure job. But you also talk about

831
00:37:04,840 --> 00:37:07,720
Speaker 1: these shared dreams, right, And that's where you dream together

832
00:37:07,760 --> 00:37:10,319
Speaker 1: with you know, your partner. You've been building your dream

833
00:37:10,320 --> 00:37:13,200
Speaker 1: house together with your husband. Congrats on that, But you know,

834
00:37:13,239 --> 00:37:15,799
Speaker 1: achieving a dream with someone you love can be more

835
00:37:15,920 --> 00:37:19,800
Speaker 1: gratifying and simultaneously more tricky. Uh. And so what tips

836
00:37:19,800 --> 00:37:22,799
Speaker 1: do you have for dreaming well with the person that

837
00:37:22,840 --> 00:37:25,480
Speaker 1: you love. Yeah, having a shared dream with your spouse

838
00:37:25,600 --> 00:37:27,080
Speaker 1: is really key. I think we all can have our

839
00:37:27,120 --> 00:37:30,640
Speaker 1: own individual dreams, which is fine because we all have

840
00:37:30,640 --> 00:37:33,239
Speaker 1: our own passions and hobbies and things that we all

841
00:37:33,280 --> 00:37:36,120
Speaker 1: love on an individual basis. But together as a couple,

842
00:37:36,120 --> 00:37:39,399
Speaker 1: if you're married, having something you're working towards together. Yeah,

843
00:37:39,400 --> 00:37:43,080
Speaker 1: and Winston I's big one was was this house? And um,

844
00:37:43,840 --> 00:37:46,880
Speaker 1: we were kind of nervous about it because we heard homebuilding,

845
00:37:46,960 --> 00:37:48,799
Speaker 1: you know, people like want to be divorced after and

846
00:37:48,800 --> 00:37:50,759
Speaker 1: we're like, oh, gosh, okay, should we like enter into

847
00:37:50,800 --> 00:37:53,279
Speaker 1: this um. But we had so much fun. And I

848
00:37:53,320 --> 00:37:55,359
Speaker 1: said it in the book, but it's true, like when

849
00:37:55,400 --> 00:37:58,160
Speaker 1: we moved into that house, Honestly, the fact that we

850
00:37:58,200 --> 00:38:00,440
Speaker 1: did it financially, in the in the goals that we

851
00:38:00,480 --> 00:38:02,480
Speaker 1: wanted for it, that we actually did it, like we

852
00:38:02,560 --> 00:38:07,160
Speaker 1: accomplished it was as not as more fun than moving

853
00:38:07,160 --> 00:38:08,799
Speaker 1: into the house. I mean, we looked at each other

854
00:38:08,840 --> 00:38:10,640
Speaker 1: so many times in the process and like we are

855
00:38:10,760 --> 00:38:14,600
Speaker 1: doing this, Like we sacrificed and we put goals out

856
00:38:14,600 --> 00:38:16,520
Speaker 1: there and we worked hard. I mean I took extra

857
00:38:16,560 --> 00:38:18,840
Speaker 1: speaking gigs and like we I mean we did things

858
00:38:19,400 --> 00:38:23,520
Speaker 1: around ourselves financially, um that kind of felt impossible at

859
00:38:23,520 --> 00:38:25,400
Speaker 1: the time, like can we really do this? But as

860
00:38:25,440 --> 00:38:28,480
Speaker 1: we're hitting these goals along the way, it was so fun.

861
00:38:28,520 --> 00:38:32,200
Speaker 1: And it brings you together because it forces communication, forces unity,

862
00:38:32,719 --> 00:38:34,799
Speaker 1: and when you work on the same team and you

863
00:38:34,840 --> 00:38:38,320
Speaker 1: see yourselves on the same team versus enemies through any

864
00:38:38,360 --> 00:38:40,719
Speaker 1: any part of life and marriage, like it's such a

865
00:38:40,880 --> 00:38:43,200
Speaker 1: much more enjoyable process. And I think money becomes a

866
00:38:43,239 --> 00:38:45,600
Speaker 1: wedge for a lot of people where it becomes the

867
00:38:45,640 --> 00:38:47,880
Speaker 1: thing where hey, we're so different, we're so opposite, and

868
00:38:47,960 --> 00:38:50,800
Speaker 1: so that's just gonna automatically, I mean that it's negative

869
00:38:50,800 --> 00:38:52,480
Speaker 1: and there's gonna be conflict, and it's not a thing

870
00:38:52,520 --> 00:38:54,600
Speaker 1: of unity where if you flip it and say no, no no, no,

871
00:38:54,760 --> 00:38:56,520
Speaker 1: we are on the same team and yeah, we're different,

872
00:38:56,560 --> 00:38:58,920
Speaker 1: have different personalities, but when we can find ways to

873
00:38:59,000 --> 00:39:03,440
Speaker 1: work together and have a shared goal together, oh, there's

874
00:39:03,480 --> 00:39:06,799
Speaker 1: so there's such unity and and such excitement to it.

875
00:39:07,440 --> 00:39:10,080
Speaker 1: That's great. Yeah. And and let's talk about too about

876
00:39:10,120 --> 00:39:13,200
Speaker 1: making change stick. This is another topic that you covered

877
00:39:13,200 --> 00:39:15,040
Speaker 1: in the book. And when it comes to doing smart

878
00:39:15,040 --> 00:39:17,600
Speaker 1: things with our money, you write about the difference between

879
00:39:17,600 --> 00:39:21,480
Speaker 1: being involved and being committed. So how are those different

880
00:39:21,680 --> 00:39:23,120
Speaker 1: and what does that look like when it comes to

881
00:39:23,160 --> 00:39:25,239
Speaker 1: our money. Yes, this was the part of the book

882
00:39:25,239 --> 00:39:26,880
Speaker 1: that I'll say, Okay, if you're ready to kind of

883
00:39:26,920 --> 00:39:30,120
Speaker 1: go on this journey of not under not only understanding

884
00:39:30,120 --> 00:39:31,440
Speaker 1: who you are and why you do the things you

885
00:39:31,480 --> 00:39:33,040
Speaker 1: do with money, but to say, you know what, I

886
00:39:33,040 --> 00:39:35,000
Speaker 1: may have to change the way I've been handling money

887
00:39:35,000 --> 00:39:37,799
Speaker 1: to actually get progress the progress that I want. Uh,

888
00:39:37,840 --> 00:39:39,719
Speaker 1: it may mean that you're gonna just flip everything on

889
00:39:39,800 --> 00:39:42,040
Speaker 1: its head and start this whole new path. And so

890
00:39:42,520 --> 00:39:45,279
Speaker 1: because of that, I say, you know, you can be uh,

891
00:39:45,320 --> 00:39:48,200
Speaker 1: you can be involved, which means yeah, I'll kind of

892
00:39:48,200 --> 00:39:49,759
Speaker 1: do it ish, but I'm gonna kind of do it

893
00:39:49,840 --> 00:39:52,719
Speaker 1: my way. I mean, I'll see. It's just gonna take

894
00:39:52,760 --> 00:39:55,120
Speaker 1: a lot longer to have progress. There's just not as

895
00:39:55,160 --> 00:39:57,560
Speaker 1: much motivation there. But when you are committed and you said,

896
00:39:57,560 --> 00:39:58,880
Speaker 1: you know what, this is the way I'm doing it.

897
00:39:58,880 --> 00:40:00,760
Speaker 1: It's a little bit more of a black and white stance.

898
00:40:01,360 --> 00:40:03,240
Speaker 1: But when you say I am going to be committed

899
00:40:03,280 --> 00:40:05,440
Speaker 1: to this and we're going to do it together, like

900
00:40:05,520 --> 00:40:08,440
Speaker 1: no bones about it, we're doing it, the progress comes

901
00:40:08,640 --> 00:40:11,200
Speaker 1: so much faster. And what happens in a married couples,

902
00:40:11,200 --> 00:40:13,279
Speaker 1: there's usually one or the other. There's usually one that's

903
00:40:13,320 --> 00:40:16,399
Speaker 1: really committed to one that's like involved. And so yeah,

904
00:40:16,400 --> 00:40:17,759
Speaker 1: in that part of the book, I talked about when

905
00:40:17,800 --> 00:40:20,440
Speaker 1: you when you decide to change the behavior. If you

906
00:40:20,480 --> 00:40:22,799
Speaker 1: are all in and you are committed, the progress you're

907
00:40:22,800 --> 00:40:25,200
Speaker 1: going to see so much faster than if you're just

908
00:40:25,280 --> 00:40:28,799
Speaker 1: involved on the sidelines. Rachel, last question, if you know

909
00:40:28,840 --> 00:40:30,439
Speaker 1: we go through with some of these steps that we've

910
00:40:30,440 --> 00:40:33,800
Speaker 1: talked about, Like obviously, hopefully at least we will understand

911
00:40:33,800 --> 00:40:36,600
Speaker 1: ourselves on a deeper level a little bit better. But

912
00:40:36,640 --> 00:40:38,879
Speaker 1: then how do we take that deeper understanding and then

913
00:40:38,920 --> 00:40:42,600
Speaker 1: turn it into meaningful, lasting change, Like essentially, do you

914
00:40:42,600 --> 00:40:44,600
Speaker 1: have some tips for us to, you know, to make

915
00:40:44,600 --> 00:40:47,560
Speaker 1: sure that we are being committed? Yeah, I would say,

916
00:40:47,560 --> 00:40:49,840
Speaker 1: look at all of the behaviors that have caused you

917
00:40:49,880 --> 00:40:51,799
Speaker 1: to get to where you are. They're unhealthy. So look

918
00:40:51,840 --> 00:40:53,760
Speaker 1: back and say, Okay, yeah, I really am still taking

919
00:40:53,800 --> 00:40:56,320
Speaker 1: this childhood fear with me or the way my parents

920
00:40:56,360 --> 00:40:58,319
Speaker 1: always did things, I rebelled against it, so I'm doing

921
00:40:58,320 --> 00:41:00,640
Speaker 1: the complete opposite. So maybe I went to extreme there,

922
00:41:00,840 --> 00:41:03,520
Speaker 1: or my financial fears are driving a lot of my

923
00:41:03,520 --> 00:41:06,239
Speaker 1: motivations and I'm paralyzed that I'm not moving forward, Okay,

924
00:41:06,239 --> 00:41:07,919
Speaker 1: I need to. I need to recognize that. Or maybe

925
00:41:07,960 --> 00:41:10,520
Speaker 1: I'm extreme on one of the tendencies we talked about.

926
00:41:10,520 --> 00:41:13,719
Speaker 1: Maybe I'm an extreme spender and I really really don't

927
00:41:13,800 --> 00:41:15,680
Speaker 1: save money and I have to realize, well, I have

928
00:41:15,800 --> 00:41:18,080
Speaker 1: to save money to get ahead. Or maybe one of

929
00:41:18,080 --> 00:41:21,200
Speaker 1: those spectrums to talk about two tendencies is status versus

930
00:41:21,239 --> 00:41:23,239
Speaker 1: safety and the why why do you want to learn

931
00:41:23,320 --> 00:41:25,360
Speaker 1: with money is and more for safetier status, and and

932
00:41:25,440 --> 00:41:27,920
Speaker 1: either extreme of those is unhealthy. And so just kind

933
00:41:27,920 --> 00:41:29,960
Speaker 1: of going through the book to realize, Okay, I'm understanding

934
00:41:30,000 --> 00:41:31,560
Speaker 1: who I am and this is why I'm doing what

935
00:41:31,600 --> 00:41:34,360
Speaker 1: I'm doing, and these are the unhealthy parts of me.

936
00:41:34,480 --> 00:41:37,239
Speaker 1: Just being able to understand that and name it, you

937
00:41:37,360 --> 00:41:40,319
Speaker 1: end up not having to play Wacamo mole in your life.

938
00:41:40,320 --> 00:41:41,719
Speaker 1: Like I feel like sometimes it's like, yeah, I hit

939
00:41:41,760 --> 00:41:43,920
Speaker 1: one problem down, but another pops up and uh, and

940
00:41:43,920 --> 00:41:46,680
Speaker 1: you're just going side to side when you can say, no,

941
00:41:46,680 --> 00:41:49,160
Speaker 1: I'm gonna look at me as an entirety, entire person

942
00:41:49,200 --> 00:41:51,000
Speaker 1: and to say, Okay, here are the things that I value.

943
00:41:51,040 --> 00:41:52,759
Speaker 1: Here the things that I'm really struggling with. Here are

944
00:41:52,760 --> 00:41:55,799
Speaker 1: my weaknesses. Here are ways that I can implement good

945
00:41:55,840 --> 00:41:57,600
Speaker 1: money habits. I know I need to be a little

946
00:41:57,600 --> 00:41:59,840
Speaker 1: bit more intentional with saving Okay, I know that I

947
00:42:00,040 --> 00:42:01,920
Speaker 1: have to forgive my parents for X, Y, and Z,

948
00:42:02,040 --> 00:42:04,440
Speaker 1: because I have bitterness towards them and it's affecting the

949
00:42:04,480 --> 00:42:06,680
Speaker 1: way I'm like spending my money almost out of rage.

950
00:42:06,920 --> 00:42:09,440
Speaker 1: I mean, whatever, whatever those unhealthy things are to be

951
00:42:09,440 --> 00:42:11,840
Speaker 1: able to see it and pivot from that and change

952
00:42:11,880 --> 00:42:14,040
Speaker 1: from that. Are those tools you can put in your

953
00:42:14,040 --> 00:42:16,960
Speaker 1: tool belt moving forward to become healthier in the way

954
00:42:17,000 --> 00:42:19,920
Speaker 1: you view money overall. Well, Rachel, thank you so much

955
00:42:19,960 --> 00:42:23,120
Speaker 1: for taking the time to join us on the podcast today.

956
00:42:23,160 --> 00:42:25,560
Speaker 1: We really really appreciate it, and thanks for writing this

957
00:42:25,600 --> 00:42:29,000
Speaker 1: awesome book. Um, Know Yourself, Know Your Money? So good. Yeah,

958
00:42:28,920 --> 00:42:31,440
Speaker 1: where can people find out more about this book that's

959
00:42:31,440 --> 00:42:33,279
Speaker 1: set to release in just a couple of weeks. Yes,

960
00:42:33,360 --> 00:42:35,239
Speaker 1: thank you, Matt, Thanks Joel uh if you can go

961
00:42:35,320 --> 00:42:38,000
Speaker 1: to Rachel Cruise dot com or anywhere books are sold. Well,

962
00:42:38,080 --> 00:42:40,560
Speaker 1: thank you so much. We really appreciate it. Rachel, Thanks guys,

963
00:42:40,840 --> 00:42:42,960
Speaker 1: Joel Man. What a great conversation we just had here

964
00:42:42,960 --> 00:42:46,600
Speaker 1: with Rachel Cruz her new book, Know Yourself, Know Your Money.

965
00:42:46,640 --> 00:42:49,520
Speaker 1: It really is fantastic. In particular, I'm so glad that

966
00:42:49,520 --> 00:42:50,960
Speaker 1: we talked We talked about this at the beginning of

967
00:42:50,960 --> 00:42:53,319
Speaker 1: the episode, but she talked about those different quadrants, the

968
00:42:53,400 --> 00:42:55,399
Speaker 1: different you know money classrooms that we you know, where

969
00:42:55,400 --> 00:42:58,120
Speaker 1: we grew up talking about money in different ways. So

970
00:42:58,360 --> 00:43:01,960
Speaker 1: incredibly helpful. And you can easily identify your household right

971
00:43:02,040 --> 00:43:04,000
Speaker 1: as a kid when you see it and how you

972
00:43:04,040 --> 00:43:06,759
Speaker 1: grew up, Like the classroom you grew up in you

973
00:43:06,800 --> 00:43:10,000
Speaker 1: spent all those years, in all your formative childhood years

974
00:43:10,280 --> 00:43:13,080
Speaker 1: massively influences who you are and how you handle money today.

975
00:43:13,120 --> 00:43:14,759
Speaker 1: But at the same time, like she said, you're not

976
00:43:14,800 --> 00:43:17,440
Speaker 1: stuck there completely, and in particular, when you have a

977
00:43:17,480 --> 00:43:19,440
Speaker 1: partner somebody else who you're working with when it comes

978
00:43:19,480 --> 00:43:22,480
Speaker 1: to your finances. Unless you were raising a very very

979
00:43:22,520 --> 00:43:26,320
Speaker 1: healthy household where you talked about money really well, chances

980
00:43:26,360 --> 00:43:29,040
Speaker 1: are you're working towards improving. You're working towards progress, right

981
00:43:29,080 --> 00:43:31,360
Speaker 1: Even then, I love what she said, Like, the biggest

982
00:43:31,440 --> 00:43:35,920
Speaker 1: challenge to someone in that healthy quadrant is entitlement, is

983
00:43:36,239 --> 00:43:39,000
Speaker 1: thinking that you're gonna inherit the way your parents handled money,

984
00:43:39,000 --> 00:43:41,319
Speaker 1: and that's not always takes work. It takes work on

985
00:43:41,400 --> 00:43:43,880
Speaker 1: your own part too, exactly. Yeah, So we're not going

986
00:43:43,920 --> 00:43:48,279
Speaker 1: to rehash the entire interview. Rachel is so great, but yeah, man,

987
00:43:48,280 --> 00:43:50,680
Speaker 1: what was your big takeaway from this conversation? All right? So,

988
00:43:50,719 --> 00:43:54,040
Speaker 1: I think my biggest takeaway is that people should dream more.

989
00:43:54,400 --> 00:43:57,000
Speaker 1: I think you're it was not gonna be yours too.

990
00:43:57,760 --> 00:44:02,080
Speaker 1: I think ultimately, like your dreams um and the clarity

991
00:44:02,120 --> 00:44:06,520
Speaker 1: of those dreams is such a massive game changer in

992
00:44:06,840 --> 00:44:10,239
Speaker 1: how you handle your finances. If you have a big

993
00:44:10,280 --> 00:44:13,719
Speaker 1: share dream with a spouse, or if you have if

994
00:44:13,800 --> 00:44:16,719
Speaker 1: you live alone, whatever it is, a motivating dream can

995
00:44:16,760 --> 00:44:20,320
Speaker 1: be all the difference in getting you excited about saving

996
00:44:20,360 --> 00:44:22,440
Speaker 1: your money or paring back on your bills. Right. The

997
00:44:22,520 --> 00:44:24,680
Speaker 1: dream is often just the catalyst to get you going

998
00:44:25,080 --> 00:44:27,759
Speaker 1: and to make you happy to actually cut back on

999
00:44:27,800 --> 00:44:30,080
Speaker 1: something that you normally would spend money on. Um And

1000
00:44:30,520 --> 00:44:32,600
Speaker 1: we found out the case in in our lives, Emily

1001
00:44:32,640 --> 00:44:35,120
Speaker 1: and I and even before we were married, that dream

1002
00:44:35,280 --> 00:44:38,960
Speaker 1: of doing things when I was a solo dude was

1003
00:44:38,960 --> 00:44:42,759
Speaker 1: was so so helpful in influencing my why behind why

1004
00:44:42,800 --> 00:44:44,960
Speaker 1: I was saving more, why I was putting more money

1005
00:44:44,960 --> 00:44:47,960
Speaker 1: away for the future. And yeah, I totally resonated when

1006
00:44:48,000 --> 00:44:50,560
Speaker 1: when Brachel was talking about how every day can feel

1007
00:44:50,560 --> 00:44:53,359
Speaker 1: like groundhog Day. You're getting the kids dressed and fed,

1008
00:44:53,440 --> 00:44:55,040
Speaker 1: and then you know you're going off to work and

1009
00:44:55,080 --> 00:44:57,480
Speaker 1: you come home and you guys eat dinner together again

1010
00:44:57,520 --> 00:45:00,959
Speaker 1: and you put the kids. You're tired, and so yeah,

1011
00:45:01,000 --> 00:45:02,960
Speaker 1: you have to find those times. You have to carve

1012
00:45:02,960 --> 00:45:05,000
Speaker 1: out those times to talk about and think about your

1013
00:45:05,080 --> 00:45:07,680
Speaker 1: dreams in order to start working towards them. Um. And

1014
00:45:07,680 --> 00:45:10,680
Speaker 1: then that will I promise you affect the way that

1015
00:45:10,760 --> 00:45:13,680
Speaker 1: you save and bend today too. So yeah, I don't know, Matt,

1016
00:45:13,719 --> 00:45:15,680
Speaker 1: what was your big takeaway from this episode? Obviously it

1017
00:45:15,719 --> 00:45:16,920
Speaker 1: was going to be that one. Yeah, I'll talk a

1018
00:45:16,920 --> 00:45:19,120
Speaker 1: little bit about that though. Yeah, and that's what she said.

1019
00:45:19,160 --> 00:45:21,560
Speaker 1: She said, if you aren't excited about saving, then you

1020
00:45:21,600 --> 00:45:23,959
Speaker 1: probably have a dream that you're also not excited about

1021
00:45:24,000 --> 00:45:26,400
Speaker 1: as well. Right, So once you find that motivation that

1022
00:45:26,440 --> 00:45:29,440
Speaker 1: can fuel everything like that is the reason why it

1023
00:45:29,560 --> 00:45:30,960
Speaker 1: is that you're getting up. Obviously, you have to pay

1024
00:45:30,960 --> 00:45:33,560
Speaker 1: the bills. There's sort of like this baseline dream that

1025
00:45:33,680 --> 00:45:38,040
Speaker 1: you're basically required to pursue to not getting closed on. Yeah, exactly.

1026
00:45:38,120 --> 00:45:41,080
Speaker 1: But beyond that, finding different ways to put those dreams

1027
00:45:41,440 --> 00:45:44,000
Speaker 1: front and center is I think the trickiest thing, because

1028
00:45:44,040 --> 00:45:46,359
Speaker 1: it can be so easy to get caught up in

1029
00:45:46,400 --> 00:45:48,520
Speaker 1: just doing the motions of our daily lives, and when

1030
00:45:48,520 --> 00:45:50,960
Speaker 1: we lose sight of those dreams, Uh, it can be

1031
00:45:51,000 --> 00:45:52,799
Speaker 1: easy to kind of, I don't know, fall off the

1032
00:45:52,800 --> 00:45:56,080
Speaker 1: wagon a little bit, not prioritize savings quite as much. Um.

1033
00:45:56,120 --> 00:45:58,040
Speaker 1: And so I guess that kind of maybe segways. So

1034
00:45:58,400 --> 00:46:00,400
Speaker 1: my runner up when it comes to by the takeaway,

1035
00:46:00,400 --> 00:46:02,919
Speaker 1: which was early on she talked about how essentially doing

1036
00:46:03,000 --> 00:46:06,040
Speaker 1: smart things with our money, it's only head knowledge, right,

1037
00:46:06,080 --> 00:46:08,600
Speaker 1: there's a certain level of instruction that we need. We

1038
00:46:08,600 --> 00:46:10,400
Speaker 1: need to know how to be able to open certain accounts,

1039
00:46:10,640 --> 00:46:12,680
Speaker 1: keep track of our money, you know, the basics. But

1040
00:46:12,760 --> 00:46:16,360
Speaker 1: beyond that, the other is all behavioral, and that's what

1041
00:46:16,400 --> 00:46:18,400
Speaker 1: this book is all about. She really speaks to behavior

1042
00:46:18,440 --> 00:46:20,880
Speaker 1: how it is that we need to be thinking about

1043
00:46:20,880 --> 00:46:23,000
Speaker 1: our money, and a lot of it starts with knowing

1044
00:46:23,000 --> 00:46:25,480
Speaker 1: how it is that we grew up thinking about money,

1045
00:46:25,520 --> 00:46:27,840
Speaker 1: because that just influences how we handle it today. And

1046
00:46:27,840 --> 00:46:30,359
Speaker 1: so my encouragement, you know, from that takeaway is that

1047
00:46:30,760 --> 00:46:32,360
Speaker 1: if you've been listening to the show for a while,

1048
00:46:32,400 --> 00:46:34,520
Speaker 1: and if you read about personal finance here and there,

1049
00:46:34,600 --> 00:46:37,120
Speaker 1: you know, just like casually, there's a good chance you

1050
00:46:37,120 --> 00:46:40,480
Speaker 1: already know enough, right you if you've listened to maybe

1051
00:46:40,520 --> 00:46:42,480
Speaker 1: a few episodes of the show, you know that you

1052
00:46:42,520 --> 00:46:45,080
Speaker 1: have to spend less than you make. You have two

1053
00:46:45,120 --> 00:46:50,200
Speaker 1: basic principles are exactly but beyond that, well, how do

1054
00:46:50,239 --> 00:46:52,560
Speaker 1: I actually put that into practice? Well, it's your behavior

1055
00:46:53,040 --> 00:46:54,479
Speaker 1: and so I don't. I think a lot of times

1056
00:46:54,520 --> 00:46:57,480
Speaker 1: folks can use knowledge or not knowing enough, not knowing

1057
00:46:57,520 --> 00:46:59,440
Speaker 1: all the tips and tricks. Uh, they can use that

1058
00:46:59,520 --> 00:47:01,920
Speaker 1: as a cry shot excuse to not do the right

1059
00:47:01,960 --> 00:47:03,920
Speaker 1: things with their money. But today, what we're saying is

1060
00:47:03,920 --> 00:47:05,840
Speaker 1: that you probably already know enough. And to tie it

1061
00:47:05,880 --> 00:47:07,520
Speaker 1: back to your big takeaway, Jill, maybe what you need

1062
00:47:07,560 --> 00:47:10,359
Speaker 1: to do instead is the dream bigger yeah, man, for sure.

1063
00:47:10,640 --> 00:47:12,400
Speaker 1: And one of the things, Matt, that you and I

1064
00:47:12,440 --> 00:47:14,560
Speaker 1: like to do, one of the small things that we

1065
00:47:14,719 --> 00:47:16,839
Speaker 1: love that we like to keep front and center for

1066
00:47:16,920 --> 00:47:19,279
Speaker 1: us is having good beer. And today on the show,

1067
00:47:19,280 --> 00:47:21,399
Speaker 1: while we were talking with Rachel, you and I were

1068
00:47:21,440 --> 00:47:25,160
Speaker 1: enjoying a beer by Burial Brewing Company out of North Carolina.

1069
00:47:25,520 --> 00:47:29,439
Speaker 1: This one's called the Shattered Remains of Nothing then, so

1070
00:47:29,719 --> 00:47:33,600
Speaker 1: quite the nehilistic title for like a pepped up conversation,

1071
00:47:33,719 --> 00:47:36,799
Speaker 1: right yeah, so, but yeah, this was a delicious beer. Man.

1072
00:47:36,840 --> 00:47:38,960
Speaker 1: What were your thoughts on this one, dude? Like you

1073
00:47:39,000 --> 00:47:40,640
Speaker 1: mentioned this was such a good beer. This was an

1074
00:47:40,640 --> 00:47:44,160
Speaker 1: Imperial stout, uh. And I'll mention too with coconut and

1075
00:47:44,280 --> 00:47:45,759
Speaker 1: you know we poured it. This is a bottle that

1076
00:47:45,760 --> 00:47:48,640
Speaker 1: you were sharing poured real thick. I mean you could

1077
00:47:48,640 --> 00:47:50,359
Speaker 1: tell as you're pouring it that this is a thick

1078
00:47:50,440 --> 00:47:54,560
Speaker 1: bodied beer, Motor Royal style. Yeah, yeah, not grossly thick,

1079
00:47:55,160 --> 00:47:57,279
Speaker 1: but like thick enough to know that you're you're in

1080
00:47:57,320 --> 00:47:59,840
Speaker 1: for a nice, you know, soul warming beer in the

1081
00:48:00,000 --> 00:48:01,800
Speaker 1: little of winter. And the first thing I feel like

1082
00:48:01,840 --> 00:48:03,359
Speaker 1: I noticed when I took a sip is that it

1083
00:48:03,440 --> 00:48:06,920
Speaker 1: was very sweet immediately. And a lot of times what

1084
00:48:06,960 --> 00:48:08,960
Speaker 1: that means is that you kind of don't want to

1085
00:48:09,000 --> 00:48:10,320
Speaker 1: finish the beer, right. You get to the end of

1086
00:48:10,320 --> 00:48:12,040
Speaker 1: it and you're kind of like, man, I'm done with that.

1087
00:48:12,400 --> 00:48:14,080
Speaker 1: But for whatever reason, I mean, this beer has just

1088
00:48:14,120 --> 00:48:16,360
Speaker 1: such great balance, even though it is sweet on the

1089
00:48:16,400 --> 00:48:18,560
Speaker 1: friend end right with maybe some of the additional coconut.

1090
00:48:19,040 --> 00:48:20,560
Speaker 1: The more I drink this beer, the more I want

1091
00:48:20,640 --> 00:48:22,200
Speaker 1: to drink it. You know. It's not one of these

1092
00:48:22,200 --> 00:48:24,600
Speaker 1: beers where I get tired of it, where I feel

1093
00:48:24,600 --> 00:48:27,799
Speaker 1: like my palette is completely fatigued. But yeah, how about you, man,

1094
00:48:27,840 --> 00:48:30,120
Speaker 1: what were thoughts? So the two words I wrote down

1095
00:48:30,120 --> 00:48:33,000
Speaker 1: for this beer, we're thick and sweet. Thick and sweet

1096
00:48:33,719 --> 00:48:35,600
Speaker 1: and sweet. But it wasn't overly sweet like you said, Like,

1097
00:48:35,640 --> 00:48:37,719
Speaker 1: it wasn't Colin Lye sweet. I thought it was going

1098
00:48:37,719 --> 00:48:39,480
Speaker 1: to be like first seth, I was like, oh, no,

1099
00:48:39,560 --> 00:48:41,160
Speaker 1: this is maybe they kind of overdid it. But as

1100
00:48:41,160 --> 00:48:42,000
Speaker 1: we got to the end of it, I was like,

1101
00:48:42,040 --> 00:48:44,439
Speaker 1: oh my gosh, this is still really really good. It was. Yeah,

1102
00:48:44,480 --> 00:48:46,800
Speaker 1: it was delicious. It's still had like some nice roasty

1103
00:48:46,920 --> 00:48:50,080
Speaker 1: tones going on underneath it. And man, beeril just has

1104
00:48:50,160 --> 00:48:52,520
Speaker 1: not made a beer that I don't like yet. And

1105
00:48:52,520 --> 00:48:55,320
Speaker 1: and There's definitely was another great one. It's a perfect

1106
00:48:55,360 --> 00:48:56,719
Speaker 1: kind of beer to kind of curl up next to

1107
00:48:57,080 --> 00:48:59,200
Speaker 1: a fire with, you know what I'm saying good or

1108
00:48:59,200 --> 00:49:01,480
Speaker 1: curl up next to a Rachel Cruz conversation. I don't know,

1109
00:49:01,600 --> 00:49:04,440
Speaker 1: but fireside chat exactly. Yeah, but that's gonna do it

1110
00:49:04,480 --> 00:49:06,719
Speaker 1: for this episode, Matt. And for folks who want show

1111
00:49:06,719 --> 00:49:09,120
Speaker 1: notes for today's episode, a couple of links in particular

1112
00:49:09,160 --> 00:49:11,000
Speaker 1: to Rachel's new book, will have those up on our

1113
00:49:11,040 --> 00:49:13,279
Speaker 1: website at how to Money dot com. That's right, And

1114
00:49:13,280 --> 00:49:15,520
Speaker 1: if you enjoyed this conversation, If you have enjoyed our

1115
00:49:15,520 --> 00:49:17,920
Speaker 1: show How to Money and have found it not only

1116
00:49:18,000 --> 00:49:20,319
Speaker 1: enjoyable but helpful, we would love for you to leave

1117
00:49:20,400 --> 00:49:22,400
Speaker 1: us a review over to Apple Podcasts that helps us

1118
00:49:22,440 --> 00:49:24,080
Speaker 1: to get the word out so that other folks are

1119
00:49:24,160 --> 00:49:27,040
Speaker 1: also doing smart things with their money. So Joel, that's

1120
00:49:27,080 --> 00:49:29,280
Speaker 1: going to be at Buddy until next time. Best friends,

1121
00:49:29,440 --> 00:49:30,759
Speaker 1: best friends out