Mindful Money

Jordan Grumet — Breaking the Mirage: How to Find True Purpose Beyond Wealth with Jordan Grumet

Jonathan DeYoe — Wed, 20 Nov 2024 03:00:00 -0500

Jordan Grumet found the spark to become a doctor after a deeply personal event reshaped his life's trajectory. The unexpected loss of his father, an oncologist, ignited a passion within him to practice medicine and instilled a unique vantage point that later melded seamlessly with his financial expertise. This convergence of roles has spurred him to explore profound notions like wealth, abundance, and financial independence with a thoughtful and critical lens.

In this episode, I talk with Jordan about the shift from chasing societal ideals to building true purpose. Jordan shares insights from his new book, The Purpose Code, emphasizing how embracing community and aligning with personal anchors of joy can lead to a fulfilling life. We also discuss the psychological impact of social media, generational trauma vs. generational growth, and the challenges of defining a moral and ethical life.

In this episode:

(00:00) - Intro
(03:24) - Jordan's early life and career
(07:44) - The mirage of wealth
(12:06) - Purpose and community
(13:55) - Lack of authenticity, purpose, and economics
(15:28) - Little "p" purpose vs. big "P" purpose
(20:34) - Purpose and impact
(24:11) - Generational trauma vs generational growth
(29:17) - Discovering Purpose Anchors
(32:17) - How to engage in your chosen purpose
(33:21) - Jordan's social media habits
(37:11) - The ultimate question of morality
(38:56) - Connect with Jordan

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

133: Brian Herriot - The Time Freedom Equation: Unlocking the Secret to Doing More of What You Love

Jonathan DeYoe — Wed, 13 Nov 2024 03:00:00 -0500

Brian Herriot writes and speaks about the power of time freedom. As a financial coach and founder of Choosy Consultant, he helps mid-career professionals escape the corporate grind. His frameworks for personal growth and financial success all start with taking back control of our one truly limited resource: time.

In this episode, I talk with Brian about finding freedom and balance in your career. Brian shares insights from his journey as a consultant and founder of Choosy Consultant, where he helps mid-career professionals design lives that prioritize time over money. Emphasizing the importance of self-reflection, Brian advocates for “lifestyle freedom”—the ability to define and pursue personal success without succumbing to conventional career pressures. We discuss strategies for avoiding burnout, reimagining financial goals, and aligning one’s career with core values. Brian also touches on “the smile curve” of happiness and how he restructured his life to enjoy summers at a lakeside cabin, inspiring others to envision work as a means to support meaningful living.

In this episode:

(00:00) - Intro
(01:02) - Meet Brian Harriot
(03:37) - The path to entrepreneurship
(06:36) - The importance of time and lifestyle freedom
(07:35) - Career arc and founding Choosy Consultant
(10:57) - Balancing financial and professional freedom
(17:49) - The Smile Curve: Understanding life’s happiness arc
(21:50) - Navigating midlife transitions
(24:55) - Creative financial solutions
(25:45) - Breaking conventional thinking
(28:04) - Understanding the corporate grind
(30:05) - Balancing entrepreneurship and personal life
(41:02) - Investment strategies
(43:17) - Personal reflections

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

132: Modular Financial Planning 10: Portfolio Optimizers

Jonathan DeYoe — Wed, 06 Nov 2024 03:00:00 -0500

In this final episode of our Modular Financial Planning series, we’ll explore “portfolio optimizers”—strategies that add a bit of extra return potential to a well-diversified portfolio. These steps, like managing taxes, flexible trading, and securities lending, can enhance outcomes but aren’t essential if you’ve followed our previous nine steps. If you’re already saving, investing, and rebalancing consistently, you’ve done enough. For those seeking a little boost, these optimizers may be worth exploring with your advisor.

In this episode:

(00:00) - Intro
(01:09) - Portfolio optimizers
(03:54) - Reducing expenses
(05:00) - Tax management
(07:48) - Investment factors
(12:53) - Securities lending
(14:18) - Flexible trading
(16:04) - Conclusion and next steps

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

131: Modular Financial Planning 09: Simple, Basic, Mindful Investing

Jonathan DeYoe — Wed, 30 Oct 2024 03:00:00 -0500

In this episode of Mindful Money, we break down the essentials of mindful investing within the larger modular financial planning framework. We’ll focus on three foundational practices: asset allocation, diversification, and rebalancing. These simple yet powerful steps can guide you to a successful long-term portfolio without succumbing to market predictions or emotional reactions. We’ll also discuss mindfulness exercises, like box breathing and body scans, to help manage the impulses of fear and envy in investing. By staying present and committed to these principles, you can navigate the market’s ups and downs with confidence and peace of mind.

In this episode:

(00:00) - Intro
(01:27) - The importance of managing investments and people
(06:21) - Core practices of mindful investing
(07:34) - Asset allocation explained
(10:55) - Diversification and its benefits
(12:40) - Rebalancing your portfolio
(18:49) - Mindfulness practices for better investing
(23:17) - The benefits of mindfulness on your investments

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

130: Modular Financial Planning 08: Paying Down Low-Interest Debt and Building Taxable Savings

Jonathan DeYoe — Wed, 23 Oct 2024 03:00:00 -0500

In this episode of Mindful Money, we explore the choice between paying off low-interest debt and building taxable savings. While paying down high-interest debt is crucial, once that’s done, the focus should shift toward maximizing retirement savings and investing in taxable accounts. We'll discuss how the power of compounding can make investing more beneficial than paying off low-interest debt. We'll also touch on the flexibility that taxable accounts provide, especially in retirement, where they allow for tax-efficient withdrawals. Ultimately, financial planning is about building a life well-lived, not just accumulating wealth.

In this episode:

(00:00) - Intro
(02:27) - Reaching financial basecamp
(04:18) - Three steps on the way to the summit
(04:36) - Debt management vs. investment
(06:08) - Optimizing your financial decisions
(09:03) - The power of compounding
(10:33) - Investing vs. paying off debt
(12:09) - Taxable accounts and their benefits
(13:12) - Tax strategies for retirement

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

129: Modular Financial Planning 07: Saving and Investing for Retirement

Jonathan DeYoe — Wed, 16 Oct 2024 03:00:00 -0500

In this episode of Mindful Money, we explore strategies for retirement planning. We’ll dive into the critical topics of saving, investing, retirement income, retirement age, Social Security, living arrangements, and more. We’ll also discuss investment strategies like maintaining a low withdrawal rate, diversification, and having a balanced portfolio, as well as practical advice on retirement accounts like 401(k)s and IRAs, and asset allocation. The goal is to help you make mindful financial decisions to ensure a secure retirement and build a lasting legacy.

In this episode:

(00:00) - Intro
(01:15) - Defining financial independence
(02:15) - Variables in retirement planning
(03:07) - Social Security and healthcare considerations
(04:27) - The need for early retirement planning
(07:15) - Mind the gap: calculating retirement needs
(08:56) - Withdrawal rates and portfolio management
(10:49) - Creating a legacy and setting savings goals
(11:45) - Choosing the right retirement account
(12:04) - Employer-sponsored plans and IRAs
(14:46) - Investment basics and compounding
(15:56) - Types of investments: owners vs. loaners
(18:40) - Building a diversified portfolio

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

128: Modular Financial Planning 06: Eliminate High-Interest Debt

Jonathan DeYoe — Wed, 09 Oct 2024 03:00:00 -0500

In this episode of Mindful Money, we talk about the critical step of eliminating high-interest debt, a common financial burden that hinders progress toward financial freedom. We’ll discuss the importance of identifying high-interest debt, the impact it has on your finances and health, and strategies for tackling it effectively through debt snowball and debt avalanche methods. We’ll also discuss the balance between debt repayment and investing, and the benefits of handling debts wisely to achieve a happier, financially stable life.

In this episode:

(00:00) - Intro
(00:58) - Understanding and tackling high-interest debt
(02:03) - Strategies for debt elimination
(07:30) - Balancing debt repayment and investing
(09:26) - Low-interest debt and financial strategy

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

127: Modular Financial Planning 05: Emergency Fund Basics

Jonathan DeYoe — Wed, 02 Oct 2024 03:00:00 -0500

In this episode of Mindful Money, we dive into the importance of building an emergency fund as the foundation of a successful financial plan. The purpose of an emergency fund is to cover unexpected expenses and provide peace of mind. We'll discuss guidelines on how much to save based on different life stages, from young adults to retirees, and explore practical steps for calculating and building your emergency savings. An emergency fund is a crucial safety net to protect against financial setbacks and ensure long-term financial stability.

In this episode:

(00:00) - Intro
(01:07) - Building your emergency fund
(02:11) - What is an Emergency Fund?
(03:14) - How much should you save?
(04:51) - Emergency fund by life stages
(08:23) - Calculating your minimum emergency fund
(09:25) - When to use your emergency fund

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

126: Modular Financial Planning 04: Adopt a Savings Habit

Jonathan DeYoe — Wed, 25 Sep 2024 03:00:00 -0500

In this episode of Mindful Money, we’re discussing the critical step of adopting a savings habit. Spending less than you earn, establishing healthy financial habits early, and taking advantage of compounding interest are crucial. Create a vision for your ideal life and align your financial priorities with that vision. These steps, along with automating your savings and making mindful spending choices, will help you build financial security, eventually leading to a comfortable retirement.

In this episode:

(00:00) - Intro
(01:51) - The savings habit
(02:22) - Spend less than you earn
(03:38) - Two financial statements every business needs
(05:14) - Empathizing with your future self
(06:06) - Take advantage of compounding
(07:48) - Ranking your priorities
(09:44) - Automate your savings
(10:59) - Re-Investing your savings
(11:17) - Next steps

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

125: Modular Financial Planning 03: Developing Your Vision of a Perfect Life

Jonathan DeYoe — Wed, 18 Sep 2024 03:00:00 -0500

In this episode of Mindful Money, we dive into step two of the modular financial planning process—developing a clear vision of your ideal life. It’s critical to think through each step in creating this vision, such as identifying personal values, declaring a meaningful purpose, envisioning your perfect life, writing a professional mission statement, and setting actionable personal goals. Following these steps will help you create a written financial plan that reflects your deepest values and aspirations. Financial security is a journey that requires acceptance, self-reflection, planning, and hope.

In this episode:

(00:00) - Intro
(01:13) - Understanding financial security
(02:18) - Developing your ideal life vision
(06:30) - Five essential elements of your vision
(06:46) - Identifying personal values
(07:45) - Stating your meaningful purpose
(09:34) - Picturing your perfect life
(11:04) - Creating a professional mission statement
(11:56) - Setting personal goals
(13:42) - Next steps

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

124: Modular Financial Planning 02: Defining What is Truly Worth Seeking

Jonathan DeYoe — Wed, 11 Sep 2024 03:00:00 -0500

In this episode of Mindful Money, we'll talk about the first step in the modular financial planning process. Contrary to common advice, financial planning should begin with understanding what is worth seeking in life. It's important to go through a process of self-discovery and introspection before setting financial goals. We'll explore the eight pillars of happiness and how they form the foundation for lasting happiness and effective financial planning. Join me as we learn how to align our financial decisions with what truly matters, ultimately leading to a fulfilling and satisfying life.

In this episode:

(00:00) - Intro
(01:08) - Life lessons from my father
(01:53) - Challenging materialism
(02:49) - The importance of self-discovery
(06:11) - Eight pillars of happiness
(06:15) - Health: The foundation of happiness
(07:21) - Engagement: Active participation in life
(08:15) - Relationships: The key to happiness
(10:56) - Meaning: Finding purpose in life
(12:09) - Accountability: Staying true to yourself
(13:16) - Generosity: The joy of giving
(15:55) - Optimism: The power of positive thinking
(17:15) - Gratitude: Appreciating what you have
(18:52) - Conclusion and next steps

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

123: Modular Financial Planning 01: The Essentials of Financial Planning

Jonathan DeYoe — Wed, 04 Sep 2024 03:00:00 -0500

In this episode of Mindful Money, I'm introducing a new nine-part series about modular financial planning, and why I think it's the best approach for getting started. Specifically, we'll discuss the importance of having a financial plan, comparing the in-depth and all-encompassing nature of comprehensive plans to the simplified and focused approach of modular plans. A financial plan acts as a roadmap, helping to achieve long-term goals, optimize investments, manage debt, and even provide psychological benefits such as reduced anxiety. The next nine episodes will explore the modular financial planning process in detail, starting with understanding your values and priorities. Join me for this series as we aim to normalize the money conversation and use financial planning to build a life of stability, purpose, and joy.

In this episode:

(00:00) - Intro
(00:55) - Exploring financial planning approaches
(01:50) - Why having a financial plan is essential
(04:25) - Setting long-term financial goals
(05:51) - Coping with the psychological impacts of managing money
(07:04) - Two approaches to creating a financial plan
(07:16) - Comprehensive financial planning
(09:22) - Modular financial planning
(12:41) - The steps of a modular financial plan
(14:29) - Adopting a savings habit
(16:38) - What’s in store for this series

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

122: Matt Wilkerson — Bridging the Gap Between Education and Employment with Externships

Jonathan DeYoe — Wed, 28 Aug 2024 03:00:00 -0500

Matt Wilkerson is the CEO and co-founder of Extern, a company on a mission to help anyone discover and launch their career through real professional experiences. Extern has created externships for leading companies such as AT&T, HSBC, Meta, PwC, Home Depot, and National Geographic, serving more than 35,000 students and career switchers.

In this episode, I talk with Matt about the externship model and its impact. Matt shares his journey from growing up in Atlanta, to attending MIT, and eventually founding Extern. He discusses the challenges students face in gaining practical work experience, particularly in the current landscape where traditional internships are becoming more scarce. We also discuss broader issues in higher education, such as the misalignment between academic training and real-world job requirements, and how Extern’s model seeks to reimagine the pathway from education to employment.

In this episode:

(00:00) - Introduction to Extern’s vision
(01:05) - Meet Matt Wilkerson
(01:49) - Matt’s early life and career aspirations
(03:02) - Entrepreneurial beginnings
(05:33) - The journey to MIT and beyond
(09:15) - Founding Extern
(15:15) - Challenges in higher education and employment
(25:11) - Skills-based hiring
(26:24) - Challenges in internship programs
(29:30) - Introducing the externship model
(30:36) - Scaling externships for broader impact
(41:06) - Measuring success and future plans
(45:38) - Final thoughts and advice for graduates

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

121: Mark Murphy — The Entrepreneur's Journey: Mark Murphy on Confidence, Wealth, and Purpose

Jonathan DeYoe — Wed, 21 Aug 2024 03:00:00 -0500

Mark Murphy, CEO of Northeast Private Client Group, is an accomplished author, speaker, and motivator who’s revolutionizing the financial planning and wealth management industry. He helps entrepreneurs achieve multigenerational wealth through personalized strategies, leveraging his strategic planning and financial engineering expertise. Forbes has ranked him as the No. 1 financial security professional in NJ and #15 nationwide. Additionally, his book, The Ultimate Investment, is a No. 1 bestseller and new release on Amazon.

In this episode, I talk with Mark about his journey from financial adversity in his youth to a successful career in financial services. We discuss the importance of protecting entrepreneurial confidence, differentiating between owning a job and running a business, and the concept of transformational versus transactional investments. Mark also shares his philosophy of investing in oneself and shares his “Ikigai” framework for finding passion and purpose in one’s career.

In this episode:

(00:00) - Welcome to Mindful Money
(00:59) - Meet Mark Murphy
(01:55) - Mark’s early life and lessons on money
(04:02) - Career journey: From college to CEO
(05:43) - Insights from The Ultimate Investment
(06:26) - The difference between buying a job and running a business
(08:45) - Entrepreneurial mindset and confidence
(10:17) - Transformational vs. transactional investments
(13:55) - The Ikigai test: Finding your path
(19:43) - Advice for entrepreneurs
(22:55) - Mark’s perfect day
(23:52) - The last thing Mark changed his mind about

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

120: Scott Rick — Navigating Money and Relationships: Insights from Behavioral Decision Researcher Scott Rick

Jonathan DeYoe — Wed, 14 Aug 2024 03:00:00 -0500

Scott Rick is a marketing professor at the University of Michigan’s Ross School of Business. He holds a PhD in Behavioral Decision Research from Carnegie Mellon University, where he was a National Science Foundation graduate research fellow. He has published research in premier journals spanning marketing, psychology, economics, and neuroscience. At the University of Michigan, he has won awards for both research and teaching. Rick's research has been covered extensively in outlets such as The New York Times, The Wall Street Journal, The Washington Post, and NPR. His first book, Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships, was published in January 2024 by St. Martin’s Press.

In this episode, I talk with Scott about common financial advice myths, how money occupies more space in our lives than it should, and the psychological factors that shape our spending personalities. Scott shares his personal experiences growing up with financial disparities and how those experiences influenced his financial behavior. We also dive into the dynamics of finances in relationships, addressing how couples can navigate financial conflicts to foster healthier relationships.

In this episode:

(00:00) - Welcome to Mindful Money
(01:05) - Meet Scott Rick: Behavioral decision researcher
(02:04) - Scott’s early life and money lessons
(04:57) - Teaching kids about money
(06:30) - The story behind tightwads and spendthrifts
(10:36) - Understanding tightwads and spendthrifts
(13:02) - Psychological and neurological factors in spending
(16:17) - Can financial personalities change?
(17:43) - Navigating financial behaviors in relationships
(20:48) - Opposites attract: Advice for financially mismatched couples
(22:00) - Setting up joint and separate accounts
(23:53) - Handling financial conflicts
(29:04) - And one thing couples should stop doing
(32:16) - Final thoughts and takeaways

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

119: Vicki Robin — Embracing Enoughness: Vicki Robin on Financial Independence and Sustainable Living

Jonathan DeYoe — Wed, 07 Aug 2024 03:00:00 -0500

Vicki Robin is a prolific social innovator, writer, and speaker. She is the co-author with Joe Dominguez of the international best-seller and classic, Your Money or Your Life: Transforming Your Relationship With Money and Achieving Financial Independence, and author of Blessing the Hands That Feed Us: Lessons from a 10-Mile Diet. She is the co-founder of Conversation Cafes and of the 10-Day Local Food Challenge, and hosts the podcast/YouTube interview series, What Could Possibly Go Right?, inviting cultural scouts to shine a light on what’s emerging as the pandemic, climate, the economy, and polarization unravel the old normal. Currently, she blogs on aging on her Coming of Aging Substack.

In this episode, Vicki discusses her journey with frugality, consciousness in spending, and applying the concept of “enoughness” to financial independence. We explore Vicki’s life experiences, from growing up in Long Island to her time in various roles, including her innovative efforts in promoting sustainable living. She shares her insights on the current economic system, the importance of sufficiency over constant growth, and the evolving cultural awareness surrounding financial independence. We also discuss her reflections on aging, sustainability, and her efforts to adapt her home to address affordable housing challenges.

In this episode:

(00:00) - Intro
(01:01) - Meet Vicki Robin
(02:12) - Vicki’s early life and lessons on money
(04:29) - The journey to writing Your Money or Your Life
(09:20) - Cultural shifts and financial independence
(15:32) - Reflections on social change and aging
(23:52) - Embracing serenity and acceptance
(26:44) - Resilience and adaptation in times of collapse
(28:43) - Affordable housing solutions
(33:50) - Rethinking retirement and work
(38:42) - Personal reflections and impact of travel

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

118: Darla Bishop — From Scarcity to Abundance: Transforming Financial Mindsets with Darla Bishop

Jonathan DeYoe — Wed, 31 Jul 2024 03:00:00 -0500

Dr. Darla Bishop, affectionately known as the FinanSis, is the Founder of Finansis LLC, a boutique consulting firm based in Lansing, Michigan, and the author of How To Afford Everything. Motivated by her own challenging childhood in Detroit, Dr. Bishop’s unique gift lies in her ability to motivate individuals to transcend limiting beliefs about wealth and cultivate a positive financial mindset. She firmly believes that empowering individuals with financial knowledge is pivotal in creating prosperous and resilient communities.

In this episode, I talk with Darla about her journey to becoming a renowned financial coach and professor. We discuss essential steps for financial awareness, the importance of mindset in managing money, and practical approaches to budgeting, debt management, and building multiple income streams. Darla also shares actionable tips on tracking expenses, changing financial mindsets, and achieving financial freedom through incremental wins.

In this episode:

[00:00] - Intro
[01:03] - Meet Darla Bishop
[02:48] - What Darla learned about money management growing up
[05:24] - The impact of financial advice from family
[07:10] - Darla's journey to financial literacy
[11:22] - Writing a book on personal finance
[14:27] - The importance of mindset in financial success
[15:13] - Identifying and changing unhelpful financial mindsets
[20:40] - Practical budgeting tips
[23:41] - Tackling debt
[28:57] - Multiple income streams
[33:49] - How to change your finances today
[35:11] - Redefining success
[37:14] - Travel and personal growth

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

117: Jessica Perrone — A Guide to Financial Empowerment with Jessica Perrone

Jonathan DeYoe — Wed, 24 Jul 2024 03:00:00 -0500

Jessica Perrone is a seasoned finance expert with more than 16 years of experience. As a mom of three teenage girls and a passionate advocate for financial education, she is dedicated to empowering young people with knowledge about money and investing. Jessica’s innovative and relatable approach has led her to develop a curriculum that makes finance approachable, fun, and relatable for teens of all backgrounds.

In this episode, I talk with Jessica about her passionate advocacy for financial literacy, especially among young women. Jessica shares her unique approach to smarter spending, emphasizing the importance of removing emotion from financial decisions. We dive into her personal upbringing and how it shaped her financial teaching methods, including how she educates her three teenage daughters about budgeting and work ethic. We cover crucial credit management strategies, generational differences in handling credit, and the role of credit scores in long-term financial health. Jessica and I also discuss empowering women in finance, challenging societal norms, and practical strategies for taking control of your financial destiny.

In this episode:

[00:00] - Intro
[01:19] - Meet Jessica Perrone
[01:50] - Jessica's background and family life
[04:04] - Financial lessons learned from childhood
[08:38] - The importance of credit scores
[14:20] - Jessica's financial journey
[20:39] - Three ways to invest
[22:23] - The inspiration behind Her Financial IQ
[23:20] - Empowering women through financial education
[27:42] - Mindfulness in financial decisions
[32:44] - Choosing the right financial advisor
[39:11] - Advice for young women on financial success
[42:06] - Final thoughts and how to connect

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

116: Dr. Daniel Crosby — The Science of Money and Happiness with Dr. Daniel Crosby

Jonathan DeYoe — Wed, 17 Jul 2024 03:00:00 -0500

Dr. Daniel Crosby is a psychologist and behavioral finance expert who helps organizations understand the intersection of mind and markets. Dr. Crosby's first book, Personal Benchmark: Integrating Behavioral Finance and Investment Management, was a New York Times bestseller. His second book, The Laws of Wealth, was named the best investment book of 2017 by the Axiom Business Book Awards and has been translated into 14 languages. His third book, The Behavioral Investor, was Axiom's best investment book of 2019 and is a comprehensive look at the neurology, physiology and psychology of sound financial decision-making. His latest book, The Soul of Wealth, will be published in October of 2024. When he's not decoding market psychology, Daniel is a father of three, a fanatical follower of the St. Louis Cardinals, an explorer of the American South, and an amateur hot sauce chef.

In this episode, I talk with Daniel about his fascinating journey from psychology to finance, the importance of understanding evolutionary biases in financial decision-making, and the real value that financial advisors bring beyond mere investment advice. Daniel shares insights from his books, particularly his forthcoming work, The Soul of Wealth, which focuses on finding meaning and happiness beyond monetary wealth.

In this episode:

[00:00] - Intro
[03:06] - Daniel's early lessons on money and entrepreneurship
[08:54] - The arc of Daniel's writing and research
[14:11] - Understanding evolutionary influences on decision-making
[24:09] - The four meta biases
[29:50] - The real value of financial advice
[33:17] - Defining true wealth
[35:29] - The power of generosity
[39:51] - How to build greater financial success
[41:56] - One thing people should stop doing
[44:03] - The last thing Daniel changed his mind about

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

115: Ben Utley — Finding Balance and Avoiding Burnout with Ben Utley

Jonathan DeYoe — Wed, 10 Jul 2024 03:00:00 -0500

W. Ben Utley, CFP®, not only serves as the Service Team Leader at Physician Family Financial Advisors but also co-hosts their podcast of the same name. Well-recognized for his expertise, Ben has been featured in The New York Times and listed among the "150 Best Financial Advisors for Doctors" by Medical Economics Magazine. As a Certified Financial Planner, Ben provides physician clients with solutions that extend beyond achieving financial freedom, ensuring they also have the time to enjoy it.

In this episode, I talk with Ben about his journey from a chemistry background to becoming a renowned financial advisor. We discuss the harmful effects of hustle culture, identifying and preventing burnout, and establishing work-life balance. We also dive into the importance of core habits like reading, writing, exercising, cooking, and how mindfulness or faith can serve as a foundation for financial success. Ben emphasizes the value of knowing “how much is enough” and shares insights into providing a positive impact through financial advising.

In this episode:

[00:00] - Intro
[02:04] - Ben’s early life and entrepreneurial journey
[04:08] - Transition to financial advisory
[10:55] - Balancing work and personal life
[13:44] - Understanding burnout and workaholism
[16:28] - Finding balance in a market economy
[20:07] - The FIRE movement: A critical perspective
[23:27] - Embracing career longevity
[25:16] - Finding fulfillment in work
[34:50] - Core habits for personal and financial success
[35:47] - The importance of relationships and service
[38:07] - What’s important to know about Ben

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

114: Kalani Leifer — The Economics of Higher Education and the Power of Peer Support

Jonathan DeYoe — Wed, 03 Jul 2024 03:00:00 -0500

Kalani Leifer is the Founder and CEO of COOP Careers, a company aiming to overcome underemployment through digital skills and peer connections. Kalani began his career as a history teacher at Kappa International High School in the Bronx, NY (with Teach For America). Later, he worked as a consultant at McKinsey in Zurich and Dubai, and as a project leader at Google in California. Kalani grew up in the Bay Area, graduated from Stanford, and earned a master’s in education from Lehman College, CUNY.

In this episode, I talk with Kalani about the profound impact of peer support and community in navigating career challenges. Kalani shares his unique perspective, shaped by his upbringing on Stanford’s campus amidst the economic disparities of Palo Alto and East Palo Alto, and his early teaching experiences. We discuss the broken promise of higher education for first-generation college students, many of whom face unemployment or underemployment despite their degrees. Through Kalani's insights, we explore the crucial role of social networks in career advancement and how peer relationships can drive long-term career success and upward economic mobility.

In this episode:

[00:00] - Intro
[02:06] - Kalani’s background and early influences
[07:36] - Navigating the challenges of higher education
[12:27] - The reality for college graduates
[18:35] - Why building and maintaining relationships is so important
[26:22] - How COOP Careers works
[27:34] - The struggles of job hunting for graduates
[28:36] - COOP’s unique curriculum: head, heart, and hustle
[31:34] - Challenges in workforce development
[33:07] - Networking and the importance of relationships
[37:12] - The need for federal and state investment
[43:34] - Advice for recent graduates
[48:01] - The future of COOP and final thoughts

Get full show notes and links at https://mindful.money.

Watch the episode on YouTube: https://www.youtube.com/@MindfulMoney.

113: Aimée Eubanks Davis - From Hardship to Hope: Aimée Eubanks Davis' Astonishing Story

Jonathan DeYoe — Wed, 26 Jun 2024 02:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with Aimée Eubanks Davis, the inspiring Founder and CEO of Braven. Aimée shares her personal journey, from growing up in a hardworking family in Chicago to leading a national nonprofit that empowers first-generation, low-income, and underrepresented college students.

We dive into her experiences and the pivotal moments that shaped her understanding of economic mobility, systemic barriers, and the importance of education. Her passion for creating equitable opportunities shines through as she discusses the importance of internships, social capital, and long-term economic mobility.

Aimée's story is a testament to resilience and the transformative power of opportunity, making this conversation both heartfelt and enlightening. This episode is a must-listen for anyone interested in education, social justice, and the power of community support. Join us for an engaging and motivating discussion that highlights the incredible potential within every student.

📺 Watch on YouTube

https://youtu.be/LB2aKFpxtXI

Key Takeaways

00:03:28: Starting and Growing a Family Business

00:10:28: Turning Point in Family's Financial Situation

00:12:24: Moving to the Suburbs and Realizing Economic Differences

00:17:45: Challenges Faced by First-Generation College Students

00:21:37: Introduction to Braven and Its Mission

00:26:01: Measuring Success and Impact of Braven

00:28:00: Unique Approach of Braven in Higher Education

00:31:41: Scaling Braven and Future Goals

00:34:39: Closing the Systematic Loop and Wealth Gap

00:38:23: Long-Term Impact and Wealth Gap Analysis

Tweetable Quotes

"One thing that I often talk to people about is how many things are tied together, from education to healthcare to economic mobility."

"I think in some ways, I got an accidental education in being an entrepreneur, but also in how systems can actually work against certain people being able to acquire money and wealth over time."

"Who you know matters, but it's actually who knows you that matters more. And if you're not in certain networks, you have no idea that an internship matters."

Guest Resources

Website - https://braven.org/

LinkedIn - https://www.linkedin.com/in/aimee-eubanks-davis

Facebook - https://www.facebook.com/aimee.eubanksdavis/

Instagram - https://www.instagram.com/aimeeeubanksdavis

Twitter - https://twitter.com/eubanksdavis

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

112: TJ van Gerven - Millennials' Homeownership Secrets Unveiled

Jonathan DeYoe — Wed, 19 Jun 2024 03:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with TJ van Gerven, a Financial Planner and Founder of Modern Wealth Builders. TJ shares his journey from growing up with contrasting financial influences—his father, a self-employed plasterer with a scarcity mindset, and his mother, who came from a more affluent background. We dive into how these experiences shaped his approach to financial planning, particularly for millennials. TJ emphasizes the importance of understanding time horizons when buying a home and the true costs associated with real estate, challenging the common belief that homeownership is always the best investment.

We also explore TJ's innovative approach to financial planning, including his use of a subscription model to make financial advice more accessible to younger clients. He discusses the value of focusing on cash flow, tax planning, and the importance of having a disciplined, rules-based strategy. TJ's insights are not just about numbers; they’re about helping people use their money as a tool to live better lives. Whether you're considering a sabbatical, navigating equity compensation, or just trying to get a handle on your finances, TJ's practical advice and genuine passion for helping others make this episode a must-listen.

📺 Watch on YouTube

https://youtu.be/ATG2dn18R4I

Key Takeaways

00:03:08: Early Lessons on Money and Entrepreneurship

00:07:15: Family Dynamics and Financial Lessons

00:10:24: Career Path from Virginia Tech to Financial Planning

00:13:05: Choosing Financial Services and Early Career Challenges

00:17:29: Conference Experiences and Networking

00:21:07: Financial Advisor's Circle of Competence

00:29:14: Big Issues in Financial Planning: Real Estate and Stock Options

00:32:46: Planning for Sabbaticals and Financial Independence

00:34:48: Simplifying Financial Success for New Couples

00:43:21: Impactful Travel Experiences

Tweetable Quotes

"Millennials think that buying a house is this natural progression, and what I try to educate them on is, number one, let's focus on time horizon. That is the biggest factor for a primary residence purchase, in my experience, is understanding how long do you plan to be in this house?"

"I think the value for advisors moving forward is going to be about making people's lives better in the sense that you're helping them use their money as a tool and not necessarily about maximizing performance, because we know that's kind of commoditized and there's a lot of good solutions for that already."

"I just don't think people have the basic financial education around just the concept of compound interest. I think if people understand that with a reasonable expected return, you actually can achieve a meaningful amount of wealth if you have a disciplined saving strategy over a long time frame."

Guest Resources

Website - https://modernwealthbuilders.com

LinkedIn - https://www.linkedin.com/in/tjvangerven/

Facebook - https://www.facebook.com/modernwealthbuilders/

Instagram - https://www.instagram.com/modernwealthbuilders/?hl=en

Twitter - https://twitter.com/TJvanGerven

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

111: Amy Schiller - Revolutionizing Philanthropy: Amy Schiller's Vision

Jonathan DeYoe — Wed, 12 Jun 2024 02:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with Amy Schiller; a Writer and Political Philosopher who has spent over 15 years in major gift fundraising. Amy's insights into philanthropy are both profound and practical, as she explores how we can use our resources to truly enrich our communities. We dive into her new book, "The Price of Humanity: How Philanthropy Went Wrong and How to Fix It,"We also discuss the importance of loving humanity in its fullest sense—beyond just survival, but also our ability to imagine, create, and connect. Amy's perspective is a refreshing take on how philanthropy can be more than just a transaction; it can be a meaningful extension of our values and a way to build a richer civic fabric.

Throughout our conversation, Amy shares her thoughts on the current trends in philanthropy, the pitfalls of a purely ROI-driven approach, and the unique role that philanthropy can play in our society. She highlights inspiring examples, like LeBron James' work in Akron, which beautifully illustrates how giving can be rooted in personal experience and community connection. Amy also touches on the balance between government responsibility and private giving, advocating for a more holistic approach to addressing societal needs. This episode is a must-listen for anyone interested in how we can make our giving more impactful and aligned with our deepest values.

📺 Watch on YouTube

https://youtu.be/BguPrdoWVIU

Key Takeaways

00:04:08: Importance of Philanthropy

00:09:46: Cultural Shifts and Philanthropy

00:13:32: Historical Context of Philanthropy

00:16:22: LeBron James' Philanthropy Example

00:19:41: Philanthropy and Hierarchical Dynamics

00:20:42: Philanthropy in a Capitalist Structure

00:23:31: Government for Bread, Philanthropy for Roses

00:24:51: Advisors' Role in Shifting Philanthropy Conversations

00:27:41: Importance of Unrestricted Giving

00:28:48: Local vs. Broader Philanthropy

Tweetable Quotes

"Philanthropy is this wonderful opportunity to engage with money as an expression of intrinsic value. Again, not just performance, but something that we feel is beautiful, has an evergreen significance, is important, is outside the utilitarian framework."

"I want to make this feeling possible for kids, but it is theirs to absorb in their own autonomous way that I don't need to surveil or control in the future."

"Philanthropy is not the right vehicle for meeting those needs. It only heightens the need for social policy and public spending to play that role because that's the only way people are able to access those necessities with a sense of dignity and with a sense of stature."

Guest Resources

Website - https://www.amybessschiller.com/

LinkedIn - https://www.linkedin.com/in/amyschiller

Facebook - https://www.facebook.com/amytheschill

Instagram - https://www.instagram.com/amytheschill/

Twitter - https://twitter.com/AmyTheSchill

Book Mentioned

The Price of Humanity: How Philanthropy Went Wrong and How to Fix It - https://www.amazon.com/Price-Humanity-Philanthropy-Went-Wrong_And/dp/1685890229

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

110: Miriam Castilla - From Broke to Six Figures: Miriam Castilla’s Journey of Financial Empowerment

Jonathan DeYoe — Wed, 05 Jun 2024 02:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with Miriam Castilla, a Money Mentor, Author, and Speaker who has a unique approach to financial well-being. Miriam's journey from a broke single mother to a successful business owner is nothing short of inspiring. She combines her background in engineering and finance with her expertise in hypnotherapy and metaphysics to help small business owners create a truly rich life. We dive into her philosophy of marrying the magical with the practical, and how our feelings about money can either attract or repel it. Miriam shares her personal story, including the contrasting money habits of her parents, and how those experiences shaped her understanding of financial success.

We also explore practical strategies for managing cash flow, attracting premium clients, and maintaining a wealth mindset. Miriam emphasizes the importance of having a clear plan for your finances and the power of mindset in achieving financial stability. She offers valuable insights into how business owners can smooth out their income fluctuations and focus on what truly matters. Whether you're struggling with financial stress or looking to take your business to the next level, Miriam's wisdom and practical advice will leave you feeling empowered and ready to make positive changes. Join us for a conversation that blends heartfelt personal stories with actionable financial strategies.

📺 Watch on YouTube

https://youtu.be/z0pHrZ77cC8

Key Takeaways

02:40 - Early Lessons About Money

07:47 - Hypnotherapy and Law of Attraction

11:38 - Overcoming Societal Messages About Money

20:32 - Addressing Scarcity Mentality

23:33 - Hypnosis as a Tool for Change

34:27 - Smoothing Cash Flow for Business Owners

40:16 - Attracting Premium Clients

42:47 - Advice to Stop Listening to Others

43:52 - Trusting Yourself Despite Circumstances

46:23 - Personal Insights About Miriam

Tweetable Quotes

"The way you feel about money will either make you magnetic to it or make you repel it unconsciously. If you feel uncomfortable asking to be paid or invoicing people, that will come through in your energy, and we all pick up on this unconsciously."

"It's really got nothing to do with your level of income; it's got to do with your money habits. It's about being mindful about money and thinking about what you're actually doing with the money you have, not when the money will come that will suddenly change everything."

"When you expect something to happen, it is so much more likely to happen. If you're out there discounting and pitching for really cheap hourly rates, you're going to attract people who don't value you. You need to become the person you want to attract."

Guest Resources

Website - https://miriamcastilla.com

LinkedIn - https://au.linkedin.com/in/miriamcastilla

Facebook - https://www.facebook.com/miriamcastilla.author/

Instagram - https://www.instagram.com/miriam_castilla/

Twitter - https://twitter.com/miriam_castilla

Book Mentioned:

The (5min) Magnetic Money Management System: A Pocket Guide to Help You Manage Your Money with Confidence in Just 5min a Week - EVEN IF You Have Irregular Income! - https://www.amazon.com/5min-Magnetic-Money-Management-System/dp/B0C87M9S3Q

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

109: John Crane - Mastering Cash Flow: Insights from Financial Advisor John Crane

Jonathan DeYoe — Wed, 29 May 2024 03:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with John Crane, a Seasoned Financial Advisor with over two decades of experience. John has a unique approach to personal finance, especially when it comes to budgeting. He shares his journey from struggling with traditional budgeting methods to developing the "One Number Budget" system, which simplifies the process and makes it more manageable for his clients. We dive into his book, published in 2022, where he outlines this innovative approach. John’s passion for making a difference in people's lives is evident, and he aims to be the go-to person for his clients when they face significant financial decisions.

John also opens up about his personal experiences, from his early entrepreneurial endeavors as a teenager to his career shift from corporate America to financial advising. He emphasizes the importance of cash flow management and the psychological aspects of financial decisions. We discuss the challenges of traditional budgeting, the benefits of his one number budget, and the importance of being over-prepared for the future. John’s insights are practical and grounded, making this episode a must-listen for anyone looking to simplify their financial planning and achieve greater financial stability. Join us for an engaging conversation that blends personal stories with valuable financial wisdom.

📺 Watch on YouTube

https://youtu.be/i69QwBGZVNM

Key Takeaways

00:02:06: Early Life and Career Beginnings

00:05:33: Family Background and Money Conversations

00:08:48: Realization and Career Change

00:17:20: Economic vs. Psychological Financial Decisions

00:20:17: Traditional Budgets and Their Failures

00:22:22: Budgeting Apps and Their Limitations

00:26:19: Over-Preparedness in Financial Planning

00:29:21: Importance of Cash Flow Management

00:33:24: Potential Future Book Topics

00:36:56: Impactful Travel Experience

Tweetable Quotes

"I realized pretty quickly that if I had my own money, then I could make a lot of my own decisions. And I liked that."

"Health and fitness are not the same thing. I was physically fit, but I wasn't really healthy. They require different disciplines."

"Cash flow management is the single greatest determinant of financial success or failure. Your ability to manage cash flow will make the difference as to whether or not you're a success financially."

Guest Resources

Website - https://www.cranefinancial.com/

LinkedIn - https://www.linkedin.com/in/johncrane/

Book Mentioned

The One-Number Budget: Why Traditional Budgets Fail and What to Do About It - https://www.amazon.com/One-Number-Budget-Traditional-Budgets-About/dp/1544533659

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

Disclaimer

This podcast is intended for general public use. By providing this content, Park Avenue Securities LLC and your financial representative are not undertaking to provide investment advice or make a recommendation for a specific individual or situation, or to otherwise act in a fiduciary capacity. The Mindful Money Podcast is not affiliated with or endorsed by PAS, Guardian, or Crane Financial and opinions stated are their own.

John W. Crane, Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 11350 McCormick Road, Executive Plaza III, Suite 202, Hunt Valley, MD, 21031, 667-318-0801. Securities products and advisory services offered through PAS, member FINRA, SIPC.

Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Crane Financial LLC is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License Number - 0G79065.

Compliance # 2024-168593 , Exp 06/2025

108: Mick Heyman - How Mick Heyman Stays Calm in Financial Storms

Jonathan DeYoe — Wed, 22 May 2024 03:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with Mick Heyman, a Seasoned Financial Analyst and Founder of Heyman Investment Counseling. With over 40 years in wealth management, Mick brings a unique perspective that blends formal education in economics with a deep understanding of human psychology and philosophy. We dive into his book; "Mellow Your Money: How to Surf the Market and Build Wealth Without Stressing Yourself Out," and explore how emotions drive market behavior. Mick shares his insights on the importance of understanding our own emotions to avoid making poor investment decisions. He explains how his interest in literature, particularly Dostoevsky and Tolstoy, has prepared him for a career on Wall Street better than any statistics course ever could.

Throughout our conversation, Mick's warmth and genuine appreciation for the wisdom he has gained over the years shines through. We discuss the concept of "benign neglect" in investing, the importance of mindfulness and meditation in managing stress. He also shares how to differentiate between real and perceived risks. Mick's stories, from his early career lessons to his personal experiences with meditation, offers valuable takeaways for anyone looking to improve their financial well-being. Whether you're a seasoned investor or just starting out, Mick's practical advice and relatable anecdotes will leave you feeling more confident and inspired to take control of your financial future.

Join us for an engaging and enlightening discussion that promises to change the way you think about money and investing.

📺 Watch on YouTube

https://youtu.be/tPI4mJrWbZY

Key Takeaways

00:02:00: The Spirituality of Investing

00:15:43: Warren Buffett's Investment Advice

00:18:21: The Role of Emotions in Investing

00:19:48: Mindfulness and Meditation in Investing

00:30:22: Determining Risk Tolerance

00:38:01: A Question About the Future

Tweetable Quotes

"If we don't understand ourselves and don't understand the emotions that drive us, we will make mistakes at the wrong time. The rules are simple, but it's not easy to follow them when the market's going down or way up."

"For most of us, the strategy of benign neglect is what we should be doing most of the time. You don't want to sit and do nothing forever, but for the main part, having good quality companies and not doing much with your portfolio is often the best approach."

"My daily meditation practice allowed me to accept uncertainty, live without having to be sure, and be more present and appreciative in the moment. It made me a better person and a better investor."

Guest Resources

Website - https://www.mellowyourmoney.com

LinkedIn - https://www.linkedin.com/in/michael-mick-heyman-cfa-b417bb16/

Book Mentioned

Mellow Your Money: How to Surf the Market and Build Wealth Without Stressing Yourself Out - https://www.amazon.com/Mellow-Your-Money-Stressing-Yourself/dp/B0CBL6YGB6

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

107: Victor Haghani - True Costs of Trading and Investment Biases

Jonathan DeYoe — Wed, 15 May 2024 02:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with Victor Haghani, a Seasoned Financial Expert whose journey through the realms of high finance is nothing short of enlightening. Victor shares his rich history of Long-Term Capital Management. From his early days in New York and Iran to his pivotal roles at Salomon Brothers and finally to founding Elm Wealth. His insights into the evolution of his investment strategies, particularly his shift from high-stakes trading to a more sustainable, mindful approach to personal wealth management, are not just educational but deeply relatable. Victor's recent work, including his book "The Missing Billionaires," offers a fresh perspective on making sound financial decisions, which he discusses with a clarity that resonates well beyond the finance-savvy audience.

The conversation dives into the practicalities of investing, the common pitfalls of financial decision-making, and the psychological aspects that often trip up even the most astute investors. Victor's approach to simplifying complex financial concepts and his emphasis on learning from past investment outcomes make this discussion a must-listen for anyone looking to navigate the often turbulent waters of personal finance. His personal anecdotes, combined with a straightforward breakdown of investment principles, provide a roadmap that encourages a more thoughtful, disciplined approach to managing money.

Join us as we discuss actionable advice that promises to empower you to take control of your financial future with confidence and a newfound understanding.

📺 Watch on YouTube

https://youtu.be/jtRbUALvmcA

Key Takeaways

00:03:34: Early Lessons About Money

00:07:50: Transition from LTCM to Personal Investing

00:11:39: The Story of 120,000 Missing Billionaires

00:15:14: Impact of Fees and Biases on Investment

00:23:19: Discussion on Mindfulness in Investing

00:32:23: Simplifying Investment Advice for Consumers

Tweetable Quotes

"You can't get return without taking risk, but you can have risk without getting return. Realizing that if somebody turns up and says, 'Here's a 20% investment return with virtually no risk,' you should know that that clock is broken. That's not the way that markets work."

"Humility for markets and respect for markets are essential. Every time you pick a stock or own a portfolio that's not the market portfolio, there's somebody saying they have the opposite belief to you, and that person is likely smarter or more informed than you are."

"The recent past is not a guide to what's going to happen in the future. Return chasing, thinking that what has been hot will continue to be hot, often leads to poor investment decisions. It's important to look forward and not just rely on what has happened."

Guest Resources

Website - https://www.elmwealth.com

LinkedIn - https://www.linkedin.com/in/victorhaghani/

Book Mentioned:

The Missing Billionaires: A Guide to Better Financial Decisions -

https://www.amazon.com/Missing-Billionaires-Better-Financial-Decisions/dp/1119747910

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

106: Jason Feifer - Moving From Fear to Opportunity and Turning Challenges Into Success

Jonathan DeYoe — Wed, 08 May 2024 03:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with Jason Feifer, the Editor-in-Chief of Entrepreneur magazine. We discuss the constant evolution of technology and its impact on society, a theme Jason explores deeply through his professional and personal experiences.

Jason shared insights on how historical technological advancements, like the telegraph, were perceived as transformative in their time, much like the internet and AI today. The conversation also covered the importance of adapting to change and the potential personal growth that can come from unexpected challenges.

Jason shared a personal anecdote about how a difficult lawsuit, which initially seemed like a career setback, inadvertently steered him towards a more stable and rewarding path. This experience underscored his message about the importance of resilience and adaptability in both personal and professional life.

Join us as we explore his perspective on viewing change as an opportunity rather than a threat. His approach to life and career challenges serves as a valuable lesson for anyone looking to navigate the complexities of modern work environments and technological advancements.

📺 Watch on YouTube

https://youtu.be/5RBYNRioMe0

Key Takeaways

00:05:32 - Transition from media to entrepreneurship

00:09:17 - Control your destiny through entrepreneurship

00:10:31 - Discussion on incremental vs. exponential growth

00:17:04 - Historical perspective on change and innovation

00:22:51 - Addressing fear and resistance to new technologies

00:30:31 - Advice on adapting to change and creating a personal mission statement

Tweetable Quotes

"Life feels like it's changing because it's only relative to what we were familiar with growing up. But every time in modern history is a time of great change. Some of those times were more transformative than the ones we're going through now."

"Develop a mission statement for yourself that is not anchored to something easily changeable. For example, instead of 'I am a magazine editor,' mine is 'I tell stories in my own voice.' This helps identify your transferable value and understand who you are in times of change."

"Life is not linear; it's reactive. We often fear that a new thing will destroy us... Instead, what we do is react in ways that may not have made sense before whatever new input came along. This reaction can ping us in a completely different direction, potentially leading to new opportunities."

Guest Resources

Website - https://jasonfeifer.com

Facebook - https://www.facebook.com/jasonfeifer

Instagram - https://instagram.com/heyfeifer

LinkedIn - https://www.linkedin.com/in/jasonfeifer/

Twitter - https://twitter.com/heyfeifer

Book Mentioned:

Build for Tomorrow: An Action Plan for Embracing Change, Adapting Fast, and Future-Proofing Your Career - https://www.amazon.com/Build-Tomorrow-Embracing-Adapting-Future-Proofing/dp/059323538X

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

105: Heather and Douglas Boneparth - From Corporate to Co-Founders: The Journey to Financial Collaboration

Jonathan DeYoe — Wed, 01 May 2024 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with Douglas and Heather Boneparth. Douglas, a Seasoned Financial Advisor, and Heather, a Former Corporate Attorney, share their journey and insights on managing finances within a relationship. They discuss the evolution of their financial strategies, especially in light of the global pandemic and how it necessitated a shift in their approach to money and partnership.

They emphasize the complexities of merging finances in a relationship, emphasizing that it's not a one-time event but a continuous process. They highlight the importance of communication and understanding each other's financial backgrounds and perspectives.

They also touch on their upcoming book, "The Merge," which explores navigating financial power dynamics within relationships, aiming to provide couples with tools to manage their finances harmoniously. It covers the personal challenges they faced, such as the impact of career changes and the dynamics of working together professionally.

Join us as we explore the importance of ongoing dialogue and mutual understanding in managing finances as a couple, ensuring both partners feel valued and empowered.

📺 Watch on YouTube

https://youtu.be/GNwHFY0T4Ho

Key Takeaways

00:02:00 - Douglas and Heather's Early Career and Financial Struggles

00:11:02 - Shift in Career Dynamics and Financial Contributions

00:15:33 - The Importance of Communication in Financial Relationships

00:30:14 - Growth and Success in Their Business

00:40:14 - Advice for Couples Considering Marriage

00:41:57 - Importance of Communication Over Financial Mechanics

Tweetable Quotes

"A global pandemic was not something we accounted for. Whatever we did to set up our financial life before then was no longer relevant to the world we live in now. It's a constant search for equity, balance, and communication to maintain a healthy relationship with money and each other."

"I grew up watching my father and grandfather as entrepreneurs, which baked into my DNA the understanding of money as a tool. This contrasted with Heather's experience, where money was a source of anxiety and not feeling in control."

"It's not just about how you merge your money the first time; it's about how you stay together over the decades. The real challenge is in how couples communicate about money, the autonomy they feel in spending, and how they value each other's contributions beyond financial earnings."

Guest Resources

Website - https://www.bonefidewealth.com

Douglas LinkedIn - https://www.linkedin.com/in/douglasboneparth

Douglas Instagram - https://www.instagram.com/dougboneparth/

Douglas Twitter - https://twitter.com/dougboneparth

Heather's Instagram - https://www.instagram.com/averagejoelle/

Heather's Twitter- https://twitter.com/averagejoelle

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

104: Liz Frazier Peck - From Allowances to Financial Independence: Guide to Raising Money-Savvy Kids

Jonathan DeYoe — Wed, 24 Apr 2024 03:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with Liz Frazier Peck, a Fee-only Certified Financial Planner and a passionate advocate for financial literacy. Liz shares her journey from growing up in a financially savvy household to becoming a leading voice in personal finance education.

We discuss the importance of introducing financial concepts early in life, drawing parallels between learning to swim and learning to manage money. Liz's approachable insights remind us that comfort with financial topics begins in the formative years, shaping our ability to navigate the financial pools of adulthood with confidence.

Liz also opens up about her personal experiences, from her initial career moves to the pivotal moments that steered her back to her roots in financial planning. Her story is a testament to the power of education and the impact of having financially literate role models.

This conversation is not just about numbers; it's about preparing the next generation to face financial realities with knowledge and confidence. Whether you're a parent looking to guide your children or an adult seeking to truly understand finance for yourself, this episode offers valuable perspectives on making financial education accessible and engaging.

Join us as we explore how to create a foundation of financial understanding that can support a lifetime of informed decisions.

📺 Watch on YouTube

https://youtu.be/niVNmXmW5vs

Key Takeaways

00:03:16 - Importance of Financial Education from a Young Age

00:13:19 - The State of Financial Literacy and Education

00:25:02 - Teaching Financial Concepts at Different Ages

00:30:56 - The Concept and Benefits of Giving Children an Allowance

00:33:39 - Avoiding Misinformation in Financial Education

Tweetable Quotes

"I love seeing more and more people talking about finance now because it's just, we talked about it with our families when we were younger, and I think it did the opposite of stress us out as adults. It made us comfortable with money. It's kind of like if you take an 18-year-old to a pool and you've never introduced them to water or never taught them to swim, and you just throw them in there, they're going to be like, what are you doing? This is crazy. So it's the same thing with money."

"I think that adults need to realize that they don't have to understand what a hedge fund manager does to be successful in their own financial management. There are some basic ideas that really are in my book for kids. If adults understand, it makes a big difference and they don't need to know anything more complicated."

"I believe allowance should be more about giving them the opportunity to practice and learn on their own. Make it relevant, then they're interested in it because it's theirs."

Guest Resources

Website - https://www.lizfrazier.com

Facebook - https://www.facebook.com/lizmfrazier

Instagram - https://www.instagram.com/lizfrazierpeck/

LinkedIn - https://www.linkedin.com/in/lfpprofile/

Book Mentioned:

Beyond Piggy Banks and Lemonade Stands: How to Teach Young Kids About Finance - https://www.amazon.com/Beyond-Piggy-Banks-Lemonade-Stands/dp/1475847610

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

103: Ben Wildavsky - The Economics of Learning: Insights on Higher Education

Jonathan DeYoe — Wed, 17 Apr 2024 03:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with Ben Wildavsky, a seasoned expert in education policy and a visiting scholar at the University of Virginia School of Education and Human Development. Ben shares insights from his new book, "The Career Arts: Making the Most of College, Credentials, and Connections,” new from Princeton University Press in November 2023 which delves into making the most of college through career credentials and connections.

We explore the value of college education in today's economic landscape, discussing the balance between acquiring broad skills and targeted skills that the job market demands. Ben's perspective is rooted in extensive research and personal experiences, making our conversation not only informative but also deeply relatable for anyone thinking about the true value of higher education.

Ben also opens up about the concept of social capital and its critical role in career advancement, especially for first-generation college students. He provides practical advice on how students can build their networks and leverage these connections to enhance their career prospects.

This discussion is particularly close to my heart as we navigate the complexities of preparing students for a world that values both academic and practical skills. Ben's thoughtful approach to these topics, combined with his genuine passion for education, makes this episode a must-listen for parents, students, and educators alike.

Join us as we unpack the tools necessary for turning educational investments into successful careers.

📺 Watch on YouTube

https://youtu.be/oKtYnD6RPc4

Key Takeaways

00:02:21 - Early years and lessons on success

00:07:12 - Discussion on high school to college transition statistics

00:19:11 - Three important skills students should acquire in college

00:34:04 - Advice to parents about college preparation for their children

Tweetable Quotes

"I still believe there is a strong case for taking on a moderate amount of debt for college. You're young, acquiring skills that the marketplace rewards. Borrow money, earn your degree, then get a job and start paying it back. You've invested in what economists call human capital."

"Growing up, the notion of upward mobility and the American dream was apparent to me. My father, a child of immigrants, managed to go from modest beginnings to becoming a professor and owning a house in Oakland Hills. It taught me that with fortune and hard work, higher education can propel you forward."

"It's not just about having a degree or specific skills. If you don't know anyone or can't communicate your abilities, it's hard to advance. Building networks, especially for those without inherited privileges, is crucial. It's about who you know, who can vouch for you, and who can open doors to opportunities."

Guest Resources

Facebook - https://www.facebook.com/ben.wildavsky/

Instagram - https://www.instagram.com/wildavsky/

LinkedIn - https://www.linkedin.com/in/benwildavsky/

Twitter - https://twitter.com/Wildavsky

Book Mentioned:

The Career Arts - https://press.princeton.edu/books/hardcover/9780691239798/the-career-arts

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

102: Ryan Craig - Apprenticeships for Skill Development and Economic Growth

Jonathan DeYoe — Wed, 10 Apr 2024 03:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with Ryan Craig, who brings a wealth of knowledge from the intersection of education and workforce development. Together, we tackle the pressing issue of America's skilled labor gap, dissecting how apprenticeships serve as a robust answer to our education and economic concerns.

Ryan doesn't hold back in sharing the raw stats on college outcomes and the transformative power of earn-and-learn models. His insights offer a refreshing perspective on building a workforce that is not just skilled, but also equitable and economically sound.

Our conversation is a deep dive into the mechanics of apprenticeships and why they're the hidden heroes of career development. We're not just talking theory here; Ryan provides a practical guide for anyone curious about how to get involved with apprenticeships, whether you're a learner eager to jumpstart your career or an employer looking to invest in future talent.

This chat is an honest look at the work ahead of us, highlighting the successes of apprenticeship programs abroad and the potential they hold for the U.S. labor market. If you've ever wondered about the alternatives to traditional college paths or how to foster economic growth in tangible ways, this is the episode you won't want to miss.

📺 Watch on YouTube

https://youtu.be/b4sTSKe3jD4

Key Takeaways

00:00 Revolutionizing Education and Workforce Skills

11:06 The Power of Apprenticeships

19:14 Expanding Apprenticeships Beyond Building Trades

25:27 Importance of Funding for Apprenticeships

Tweetable Quotes

"An apprenticeship is a job, first and foremost, that doesn't require you to have the specific skills or experience that you're going to need in the job because that's the point of the apprenticeship. You're gaining the skills and experience as you go."

"The odds are kind of against you. Now you can increase those odds by attending a selective or very selective college or university, which is hard to do. You can increase those odds if you're wealthy and you're not taking on debt, obviously, which will then expand the choices you can make post-graduation."

"What automation has done to cybersecurity, I'm afraid generative AI is about to do to all the jobs across the economy... But that higher value work you won't be able to do without some relevant experience, and so we're going to see this experience gap that we're already seeing turn into a chasm."

Guest Resources

LinkedIn - https://www.linkedin.com/in/ryan-craig-b4617a80/

Website - https://www.achievepartners.com

Twitter - https://twitter.com/ryancraigap

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

101: Henry Oliver - Late Bloomers Success Stories

Jonathan DeYoe — Wed, 03 Apr 2024 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I speak with Henry Oliver, a man whose passion for celebrating life's late bloomers is both infectious and deeply insightful. We dive into the rich narratives of those who've found their stride well beyond the conventional timelines of success, and Henry, with his upcoming book "Second Act," provides a beacon of hope for anyone questioning their path.

It's a chat that truly resonates with me, as we discuss the beauty of self-discovery that doesn't adhere to society's script and the potential that lies within a life lived at one's own pace. Henry's personal journey is a testament to the theme of our talk – it's never too late to pivot and embrace the talents that have been simmering beneath the surface.

As we share stories of historical late bloomers and the influence of serendipity in our lives, I'm reminded of the power of readiness to meet opportunity. This conversation is an invitation to you, the listener, to rethink achievement, explore the uncharted terrains of your own capabilities, and hold fast to the idea that your curiosities might just be the key to unlocking a fulfilling new chapter, no matter your age.

📺 Watch on YouTube

https://youtu.be/izqERFEmnA4

Key Takeaways

00:00 Late Bloomers and Financial Mindfulness

03:09 Exploring Views on Life Success

07:54 Late Bloomers and Talent Development

13:55 Variation in Intelligence and Life Paths

23:22 Encouraging Multiplicity and Late Bloomers

28:35 The Role of Luck and Readiness

36:38 Embracing the Second Act

Tweetable Quotes

"There are other people like that and once you write a short post saying, 'oh, there's a thing here,' all of a sudden you see it everywhere, and you're like, 'oh my God, late bloomers is such a thing.'"

"I want to get you to perhaps think differently because we don't know how many more people could be late bloomers. If we find another six like the people I've profiled, another Frank Lloyd Wright, another Margaret Thatcher, that's great, let's have them."

"You don't spot talent by what persistently happens to them, but by what they persist at. There is something that you have been persisting at in your life, something. That's your route, that's your thing. It never turns on the head of a pin without that quiet preparation."

Guest Resources

LinkedIn - https://www.linkedin.com/in/henry-oliver-5165b189/

Website - https://www.commonreader.co.uk/

Twitter - https://twitter.com/HenryEOliver

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

100 Versus "The Gathering Darkness" Part 9 - What About Social Responsibility (ESG)?

Jonathan DeYoe — Wed, 27 Mar 2024 03:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I dive deep into the world where ethics meet investments, and I'm thrilled to guide you through the often-misunderstood realm of Socially Responsible Investing (SRI) and Environmental, Social, and Governance (ESG) principles. It's not just about aligning your portfolio with your personal values, but also about securing a robust financial future for you and your family.

Together, we'll explore how to responsibly invest in the great companies that innovate and refuse to lose our money, and I'll share with you the tools and strategies to do so without forgoing profits. This is for those who believe in the power of conscientious investing and for anyone looking to navigate the challenges of balancing moral integrity with market returns.

We'll confront fears, debunk myths, and discuss practical solutions that cater to your principles while aiming for a secure retirement. I'm right there with you, supporting ESG values and discussing how modern investment tools like indices and ETFs can reflect individual beliefs.

It's all about empowering you with the knowledge to make informed decisions that resonate with your ethics and financial goals. So, join me as we tackle the big questions and uncover the realities of SRI and ESG investing.

Whether you're already on the path of responsible investing or just curious about what it entails, this episode is an invaluable resource for managing your wealth with a clear conscience. Let's take this enlightening journey together and empower our investment choices in the ever-evolving landscape of finance.

📺 Watch on YouTube

https://youtu.be/gNcHXvjwSLQ

Key Takeaways

00:00 The Importance of Socially Responsible Investing

14:12 The Concept of Responsible Investing

Tweetable Quotes

"The importance of investors having an 'adult memory' can't be overstated. It's about committing to owning shares in the great businesses of the US and the world, which can bolster asset accumulation, retirement income, and legacy creation."

"Whether it's responsible doesn't predictably move the long-term needle. The cost of the tool has a larger known effect on the long-term performance outcome to a client than does the moniker responsible."

"The opportunity to invest with SRI and ESG in mind is a privilege. I'm proud to do it, I'm proud to offer it as a choice for people who can afford to make that choice. It isn't right for everyone."

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

099 Versus “The Gathering Darkness” Part 8 - Defining The Great Companies of the US and the World

Jonathan DeYoe — Wed, 20 Mar 2024 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I take you through the ins and outs of equity investment, peeling back the layers of complexity to reveal a clear, tax-efficient strategy that can grow your wealth with ease.

We talk about the power of global all cap portfolios and how they might just be the one-fund solution you've been looking for. Together, we'll explore why market timing and security selection might not be the keys to investment success that they're often made out to be.

I'll share with you my personal journey towards embracing a portfolio that's not only simple to manage but also aligns with my belief in responsible investment. I'm also excited to dive into the heart of our ongoing series 'Versus the Gathering Darkness' in Part Eight, where we tackle the psychological hurdles to investing and celebrate the forward- thinkers who ensure our money is never idle.

This episode isn't just about understanding the 'what' and 'how' of investing in great companies globally—it's also about the 'why'. It's about adopting an investment mindset that moves beyond the individual to consider our collective impact on society and the environment.

So join me, and let's journey together towards a future where our financial decisions help build a more prosperous and ethical world.

📺 Watch on YouTube

https://youtu.be/IjY9ikfSyd0

Key Takeaways

00:00 Mindful Money Management for More Life

09:12 Low-Cost All Cap Index Investing

Tweetable Quotes

"If you understand that market timing and security selection cannot add value over time and are more likely to reduce performance, then one global all-cap portfolio could, and perhaps should, make up your entire equity portfolio."

"Performance favors indexing. At the same time, quality of life—lower stress, fewer decisions, less regret—also favors indexing."

"There are no facts about the future. We do not know what is coming next, and even if we did, we could not predict how markets would react."

Mindful Money Resources

SPIVA Scorecard

Domestic Indices:

Global Index Providers:

S&P Global

FTSE

MSCI

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

098 Versus "The Gathering Darkness" Part 7 - Outcome of a Lifetime Commitment to Equities

Jonathan DeYoe — Wed, 13 Mar 2024 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, we dive deep into the world of financial fortitude, with a focus on not just weathering the storm, but creating a legacy that'll ripple through generations.

I've laid out a blueprint that demystifies the complex world of investing, breaking down how a disciplined approach and the magic of compounding can turn even the humblest of savings into a retirement nest egg that's nothing short of impressive. And trust me, it's not just about stashing away cash; it's about cultivating a mindset that recognizes the power of great companies and the role they play in growing your wealth over time.

I'm genuinely excited to guide you through the nuances of building and maintaining wealth that outlives you. We'll explore the indispensable concept of an 'adult memory' when it comes to managing finances and why embracing innovation and minimizing losses can be game changers in your investment journey.

I'll also share insights on strategic legacy planning: how to pass on wealth and the wisdom needed to manage it across multiple generations. So whether you're taking your first step towards saving or you're looking to fine-tune your retirement plan, this episode is packed with practical advice that can help steer you towards a future where 'happy investing' is a tangible reality for you and your loved ones

📺 Watch on YouTube

https://youtu.be/Hxy7AmQLpoU

Key Takeaways

00:00 Long-Term Benefits of Investing

16:08 Wealth Compounding and Legacy Planning

30:12 Three Points of Financial Success

Tweetable Quotes

"Success is the ability to go from failure to failure without losing enthusiasm. In investing, this means holding on to your diversified shares through market declines without losing your drive."

"The goal, as Charlie Munger so wisely expressed, is to never interrupt compounding unnecessarily. This is the essence of building wealth—allowing the great companies to grow and expand your portfolio over time."

"Wealth is a river capable of growing deeper and wider as it flows downstream to the next generation. By committing to smart investing and prudent spending, one can create legacy wealth that is not just transgenerational but multi-generational."

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

097 Versus “The Gathering Darkness” Part 6 – Support Owning Great Businesses By Understanding The Summary Objection

Jonathan DeYoe — Wed, 06 Mar 2024 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, we take a deep dive into the timeless approach of equity ownership for wealth building. It's all about cutting through the noise and focusing on the proven success of investing in the finest companies worldwide.

I tackle the 'this time is different' myth head-on, offering historical evidence that demonstrates the resilience of shares through economic ups and downs. I'm here to equip you with the mindset to stand firm in your investment decisions, even when headlines and market fluctuations test your resolve.

By joining me, you're not just listening to another finance podcast—you're stepping into a space where we confront economic uncertainty with informed strategies that have stood the test of time. I'm genuinely thankful for you walking this path with me toward investment enlightenment.

In our journey together, I stress the importance of conviction in your investment choices and the power of compounding for your financial legacy. The goal here is to share knowledge that empowers you to build and secure long-term wealth, beyond the short-term volatility that can so easily distract.

So, if you're ready to reaffirm your belief in the value of global shares and want a companion in navigating these sometimes stormy investment waters, this is the episode for you. Let's reinforce our financial acumen together.

Remember, this isn't just about money—it's about sustaining prosperity and enabling philanthropy through savvy investing. Join me as we continue to build on these crucial concepts.

📺 Watch on YouTube

https://youtu.be/sT8OKHxjEN0

Key Takeaways

00:00 Owning Great Businesses for Long-Term Wealth

11:41 The Power of Belief in Investing

16:45 Ownership of US and World Shares

Tweetable Quotes

"Every rational, profit-seeking business does two things we can't imagine the stock market doing. First, rational profit-seeking businesses refuse to lose money any longer than they have to. When an event occurs, the business is acting to protect investors' capital and position for recovery. Every employee, every manager, every executive, and every board member are thereto protect and grow investors' capital."

"The five beliefs which I hope you're going to save and revisit are truths about how the world economies and markets work. They are factual, they are foundational, they're based on evidence. 'This time is different' is always an attempt to separate you from that history and evidence."

"Believing the five, you believe in something more powerful, more true, more real, more enduring than headlines, and you cannot be scared out of your genuinely well-asset allocated and broadly diversified portfolios of the great companies of the US and the world. Not being scared out means never having to decide when to re-enter and it means never interrupting the most powerful financial force on earth: Compounding."

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

096 Versus “The Gathering Darkness” Part 5 – Support Ownership of Great Businesses by Fully Grasping Growth OF Income

Jonathan DeYoe — Wed, 28 Feb 2024 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I dive deep into the often-misunderstood realm of retirement planning, debunking the myths that might have you believe bonds are the be-all and end-all for a secure financial future. We've been told time and again to play it safe as we age, but I'm here to flip the script and show you how equities - those powerful shares in the great publicly traded companies - could be your secret weapon against inflation and the key to a retirement income that doesn't just last, but grows.

I bring you almost a century of evidence and my personal anecdotes to back up this bold claim, demonstrating the resilience and growth potential of dividends in an uncertain economy. Together, we'll explore why the 'bonds are best' narrative could actually set you up for a slow-motion financial suicide in a world where living costs are relentlessly climbing.

You'll understand how fostering an income through equity investments in formidable companies isn't just smart; it's necessary to outpace inflation and maintain a lifestyle that's not just comfortable, but financially dynamic. I promise that by the end of our chat, you'll be armed with the essential tactics to make your golden years truly shine.

So, join me as we step confidently into a discussion that could very well redefine your approach to retirement. Let's grow that retirement income together!

📺 Watch on YouTube

https://youtu.be/ELx_ntCfhkY

Key Takeaways

00:00 Owning Shares for Retirement Income

06:33 Importance of Long-Term Equity Investing

Tweetable Quotes

"Wealth is created by owning businesses, and the reluctance to invest in such businesses is often due to fear stirred by the 'Gathering Darkness'—a blend of negative media narratives."

"Fixing your income in a rising cost world is financial suicide. It's slow-motion suicide, but suicide nonetheless."

"The only investments you can passively own that feature an active refusal to lose money any longer than necessary are the shares of the great publicly traded businesses of the US and the world."

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

095 Versus “The Gathering Darkness,” Part 4 – Support Ownership of Great Businesses By Observing Inconceivable Progress

Jonathan DeYoe — Wed, 21 Feb 2024 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode, I invite you to unlock the potential of your financial future through the lens of innovation and human ingenuity. Together, we dive into the world of investing where I blend personal stories with historical insights to show you how investing in pioneering companies can lead to significant wealth creation.

Imagine being part of the groundbreaking journey of a company like the one that brought you the iPhone, and the potential financial rewards that could come with it. As we navigate the importance of being shareholders in these transformative enterprises, I share my passion for the relentless progress they represent and the benefits gained by those who invest wisely.

We also take a closer look at retirement planning, where I challenge the traditional growth versus income debate. I discuss a blended approach that maximizes retirement income through the growth of innovative companies, offering you a strategy to secure a financially robust future.

I want to bring you into a community where we stay ahead of the curve, making informed investment decisions that enrich our lives. Next week, we'll continue this conversation, but for now, I'm excited for you to join me in rethinking how we can harness the power of growth to empower our retirement aspirations.

Don't forget to engage with the episode for a richer experience, and I hope you'll be as excited as I am to be part of this investment journey.

📺 Watch on YouTube

https://youtu.be/2DjIFOMGo2E

Key Takeaways

00:00 The Power of Innovation in Investing

12:54 Maximizing Retirement Income Through Growth

Tweetable Quotes

"Second only to love, human ingenuity and its expression through innovation is the greatest force on earth."

"One small handheld device operated by a teenager in 2023 has more computing power than all the IBM mainframes on the planet the year I was born, 1971."

"Publicly traded equity ownership provides remarkably consistent long-term returns. Short-term is a crap shoot. No one has any idea, no one can predict, and it's perhaps the only true passive investment out there."

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

094 Versus “The Gathering Darkness,” Part 3 – Support Ownership of Great Businesses By Understanding The Rational Refusal to Lose Money

Jonathan DeYoe — Wed, 14 Feb 2024 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Join me, Jonathan DeYoe, on a journey of financial acumen in the latest episode of Mindful Money, where we unravel the secrets to amassing wealth in the face of global economic tremors. With a deep dive into the remarkable resilience of profit-driven corporations, like the hotel behemoth Marriott International, we illuminate how they navigate through storms like the COVID-19 pandemic with strategic finesse and emerge even stronger.

In this episode, we discuss the art of placing money where it belongs, and how to extract the utmost value from life. We share stories that exemplify the power of informed financial decisions and the profound impact of possessing an 'adult memory' of financial history. This episode isn't just for seasoned investors; it's a clarion call to artists, authors, entrepreneurs, and advisors alike who yearn for financial serenity and aspire to enrich their lives beyond measure.

This discussion promises to arm you with the investing strategies necessary for profitability and financial security in today's world of burgeoning government debt. My heartfelt appreciation goes out to every listener joining us on this journey. Your time is precious, and I'm honored to share these nuggets of wisdom that could very well be the compass guiding you to your financial North Star.

So tune in to Mindful Money, and let's discover how to preserve and flourish our wealth, even amidst global crises.

📺 Watch on YouTube

https://youtu.be/SHwG_UvBN_E

Key Takeaways

00:56 - The Characteristics of Profit-Seeking Businesses

07:11 - Profitability in Business Locations

13:06 - The Power of Benefit and Uniqueness

Tweetable Quotes

"Rational, profit-seeking businesses will choose to protect their capital, regardless of what that does to a community or a geography. They cannot be forced to do otherwise."

"The moment the mistake or the surprise are realized, the activities of the executives and the board of directors will be 100% focused on reducing the losses and returning to profitability. This is their job."

"Capital invested in businesses will remain invested in those businesses so long as it is loved and allowed to prosper. When it is no longer loved, it will leave and prosper elsewhere."

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

093: Versus “The Gathering Darkness,” Part 2 - Support Ownership of Great Businesses With an Adult Memory

Jonathan DeYoe — Wed, 07 Feb 2024 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this episode I unravel the fabric of the 1970s—a decade of economic turmoil—and extract the golden threads of wisdom that are just as relevant to today's investor. We'll challenge the fallacy that "this time is different," shining a light on the enduring power of human ingenuity and the resilience of the market. It's a story that celebrates the remarkable ability of great companies to thrive amid uncertainty, and it's a story that I can't wait to share with you.

I'm genuinely thrilled to bring these historical insights to life, insights that empower us to craft investment strategies with a newfound confidence. By understanding the past, we pave the way for a future where our investments reflect the robustness of human progress, not the shadows of fear. So, come along and let's embrace the wisdom of history together—your financial peace of mind might just be a podcast episode away.

📺 Watch on YouTube

https://youtu.be/_28S8RAIG5o

Key Takeaways

00:00 Human Ingenuity in Investing

14:46 Great Companies Refusing to Lose Money

Tweetable Quotes

"The minute we decide to sit this one out or wait and see, or look for an all clear signal, we begin to fall behind."

"There is real suffering in the world. The headlines will always capture the current gathering darkness, but don't make the mistake of believing that the darkness any of it can overwhelm the inconceivable progress that's being made at the great companies of the US and the world all the time."

"The price is up 45 times because the earnings are up 40 times and the dividends are up 22 times, versus inflation, which is only up eight times in the same period."

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

092: Versus “The Gathering Darkness”, Part 1 - Support Ownership of Great Businesses By Understanding Words and Meaning

Jonathan DeYoe — Wed, 31 Jan 2024 13:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this heartening episode, I, Jonathan DeYoe, am thrilled to guide you on an eye-opening exploration of long-term investment, where we courageously confront the myths that have long clouded our financial judgment. This isn't just a lesson in diversification; it's a profound revelation in how you can become part-owner of the world's most successful companies.

We'll unravel the historical fallacies that have haunted investors for decades and reveal how to see past the media's sensationalism that often warps our wealth-building perspective. Together, we'll strip away the uncertainties and empower you with undeniable truths about the stock market, transforming your perception from viewing equities as mere financial instruments to recognizing them as your stake in the businesses that are shaping our world's future.

Join me in this transformative journey as we lay a new foundation for your investment beliefs and chart a path to enduring prosperity. I'm genuinely excited to share with you the invaluable insights and stories from various thought leaders that have shaped my understanding of the markets.

We'll delve into the compelling reasons why owning equities means so much more than just holding shares—it's about being intimately connected to the thriving pulse of global enterprise. My aim is to bolster your confidence, especially as we face the challenges of 'the gathering darkness', and to help you navigate the future with clarity and conviction.

By the end of this episode, you'll feel a renewed sense of ease and purpose in your investment strategy, armed with the knowledge that your financial future is backed by the rational, profit-seeking endeavors of the world's greatest companies.

So, don your captain's hat, and let's set sail into the vast and rewarding seas of global stock ownership. Your adventure towards financial enlightenment starts here, and I can't wait for you to join me.

📺 Watch on YouTube

https://youtu.be/bEVqfA34-e8

Key Takeaways

(00:34) Minimizing Money Thoughts and Building Wealth

(07:53) Businesses' Rational Behavior in Turbulent Times

Tweetable Quotes

"Wealth is built through the ownership of great companies."

"The most important element of my belief in equities stems from a simple but often overlooked fact. Equities represent the ownership of businesses."

"Recognize that the entire structure of the businesses you own is designed to protect and grow your invested capital and breathe easier. Don't sweat the zig-zags as the clouds gather and therains begin."

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

091: The Commitment to Business Ownership Builds Wealth; The Gathering Darkness Tests That Commitment (1/9)

Jonathan DeYoe — Fri, 26 Jan 2024 09:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In today's episode, I delve into the empowering reality that the vast majority of wealth in America is not handed down through generations but is actually self-made. It's a fact that flips the script on economic fear and opens up a world of possibility for anyone with the drive to succeed, even amidst global turmoil.

I bring you stories and insights from my years as a financial advisor, shedding light on how an average income can be the seed for a thriving financial future. The key? Business ownership and strategic investments in solid companies. This isn't a tale for the elite few; it's a roadmap for anyone ready to grasp financial opportunities, regardless of the economic climate.

But it's not all about the numbers. We face a "gathering darkness," an array of challenges that stir up our primal instincts of fear and flight. I address the importance of mindfulness as a tool to navigate through the sensationalism and anxiety that often accompany uncertain times, encouraging a steadfast focus on long-term goals.

By breaking down these concepts and offering practical advice, I aim to guide you through the tempests of doubt and into a future where your aspirations are not just intact but flourishing. Join me as we confront the "gathering darkness" and transform it into a journey towards financial liberation.

📺 Watch on YouTube

https://youtu.be/G4FPyb7H7wM

Key Takeaways

(00:00) Generation Control and Inherited Wealth

(06:17) Building Wealth for Your Family

(09:44) Natural Selection's Power in Our Minds

(17:48) Owning Shares in Great Companies

Tweetable Quotes

"Owning shares in the great companies of the US and the world is the dominant cause of all wealth. It is greater than all of the other causes combined."

"As the darkness gathers, the screaming will get worse. We have to recognize that the facts may also get worse as well. Until, eventually, they start getting better again. No one's going to know how markets or economies will react... There are no facts about the future. The light will always be followed by the dark, and the dark again by the light."

"The only reliable way to build wealth for yourself and your family that you can turn into a rising stream of income that rises to match your rising cost of living and last the rest of your life is by owning businesses, owning shares of the great companies of the US and the world."

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

090: Jennifer Dazols - Financial Planning for Women and LGBTQ+ Communities

Jonathan DeYoe — Wed, 17 Jan 2024 09:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

In this enlightening episode of the Mindful Money Podcast, host Jonathan DeYoe is joined by Jennifer Dazols of Modern Family Finance for a deep dive into the intersection of personal finance and individual values, with a particular focus on the unique financial planning needs of women and the LGBTQ+ community. As Jonathan shares his own transformative journey from tech to finance, influenced by his immigrant parents' wisdom, the conversation uncovers how to align wealth with personal happiness and reduce money's dominance in life. Jennifer sheds light on the specific challenges and strategies pertinent to diverse families and lifestyles, while also offering universally applicable financial advice.

Together, they empower listeners to craft a financial plan that is not only inclusive and specialized but also reflective of their deepest values and aspirations, making for a must-listen episode for anyone seeking to shape their wealth with intention and inclusivity.

📺 Watch on YouTube

https://youtu.be/B5C2RyYg5Sk

Key Takeaways

(00:00) Navigating Personal Finance and Money Beliefs

(11:44) Working with a good Financial Advisor

(18:53) Financial Coaching and LGBTQ+ Family Concerns

(27:03) Financial Advice on Cash Flow

(35:21) Financial Planning and Podcast Recommendations

Tweetable Quotes

"Money should be seen not as a constraint but as fuel for living your best life. It's about shifting the perspective from what we can't do because of financial limits to how we can use our resources to fulfill our dreams and aspirations." (Jennifer)

"The value of financial planning comes not from a transaction, but from a transformation. It's about moving from financial uncertainty to a place of confidence, where you can make decisions that align with who you are and what you value most in life." (Jonathan)

"Inclusive financial advice means recognizing that everyone's journey is unique. It's about crafting strategies that reflect the diversity of lifestyles and experiences, especially for communities like women and LGBTQ+ individuals, who have long been underserved by traditional financial planning." (Jennifer)

Guest Resources

Modern Family Finance

Mindful Money

TED Talk

Books Mentioned:

Your Money or Your Life

The Simple Path to Wealth

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

089: Spencer Sherman - Growing Outer Riches from Inner Wealth

Jonathan DeYoe — Wed, 10 Jan 2024 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Spencer Sherman is a financial advisor and the Founder and former CEO of Abacus, a values- driven financial planning firm in Northern California. He’s known for his mindfulness-based approach to money. He’s the author of The Cure for Money Madness , and he’s a proponent of this idea that our formal training and expertise in finance take a backseat to emotional intelligence, which enables us to make better choices rooted in balance, kindness, compassion and joy.

Today, Spencer joins the show to discuss his mindfulness-based approach to money, his meditative practices and his thoughts on the ever-changing financial industry.

📺 Watch on YouTube

https://youtu.be/YIZd8ELRT3g

Key Takeaways

00:52 – Jonathan introduces today’s guest, Spencer Sherman, who joins the show to discuss what he learned about money growing up in Queens

07:44 – Fixed money beliefs that held Spencer back

14:07 – Why Spencer named his company, Abacus

16:24 – How meditation and silent retreats have made Spencer a better financial advisor

23:34 – Getting started with meditation

25:10 – How the financial industry has changed over the years

35:57 – Spencer shares his concern with ‘abundance mindset’

42:55 – One thing we can do to increase personal and financial success and one thing to completely ignore

46:51 – One thing Spencer would like others to know about him

49:12 – Jonathan thanks Spencer for joining the show and lets listeners know where to connect with him

Tweetable Quotes

“Growing up, I thought [money] was paramount. And, of course, it led me to do some very unhealthy behavior like becoming this incredible workaholic in my early twenties. I sort of sacrificed my well-being, and those really fun years to this devotion to making money.” (08:53) (Spencer)

“I think a lot of the ideas in Buddhism really work well with how we think about money and how we plan our finances. Everything the Buddha said about not grasping for things, that generosity is the path to abundance. These kinds of messages have worked really well with being a financial advisor.” (15:06) (Spencer)

“I’m a big believer that doing something is way, way better than doing nothing. Having little successes is better than one big success.” (20:10) (Spencer)

“I think there’s a lot more awareness of the need for a financial advisor, of the need for objectivity.” (25:23) (Spencer)

“I think one of the most amazing things about having wealth is this ability to impact the world with your wealth.” (40:20) (Spencer)

Guest Resources

Spencer’s Website

Free Tools from Spencer

Abacus Website Schedule a call today with Abacus to speak with a financial advisor

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

This podcast is for informational purposes only. The opinions expressed are not the opinions of Abacus Wealth Partners, the firm that Spencer founded. Should you wish to connect with a financial advisor, we welcome you to schedule a free introductory 15 minute phone call. Once your financial needs are understood, we would be happy to help you find the best fit

088: Elizabeth Ralph - Building Wealth Through the Power of Spirituality & Investing

Jonathan DeYoe — Thu, 04 Jan 2024 00:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Elizabeth Ralph is a wealth strategist and intuitive investor who retired at the age of 39 to help others reach financial freedom in non-traditional ways. She was a financial executive and an energy trader until in 2012 she had an epiphany while feeding Cheetos to a kangaroo on a beach in Australia. She realized her purpose was saving unwanted horses and committed to a strategy to achieve financial freedom within ten years.

Today, Elizabeth joins the show to discuss her philosophy on money and spirituality, the myth of freedom and the risk of procrastination.

📺 Watch on YouTube

https://youtu.be/xK0IWd-8Xj0

Key Takeaways

00:57 – Jonathan introduces today’s guest, Elizabeth Ralph, who joins the show to discuss her personal approach to money and why her mindset is her most powerful asset

07:01 – How Elizabeth works with clients who won’t get off the water hose

08:47 – Elizabeth’s definition of ‘retirement’ and ‘financial freedom’

15:50 – The Spiritual Investor framework

21:46 – The myth of freedom

24:19 – The risk of procrastination

27:09 – One piece of financial advice to heed and one to completely ignore

32:46 – The last thing Elizabeth changed her mind about and what would constitute a perfect day for her

34:35 – Jonathan thanks Elizabeth for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“I do feel like I inhabit a specific frequency with money that allows me to be more open. It allows me to listen and really get in there with people.” (04:26) (Elizabeth)

“I feel like I have a pretty good filtering system with people coming into my world. They’re gonna go through the podcast, the program, something where they’re at least open to, ‘Ok, money is energy and I’m interested. I want to learn more about this.’ So, it does help in that regard. But yes, I have worked with people and done experiments where I’ve taken people off the streets and said, ‘Let me work with you.’” (07:18) (Elizabeth)

“Wealth is constantly changing and evolving just like we’re constantly changing and evolving.” (12:38) (Elizabeth)

“I think people are so sick of rules, especially when it comes to finance and money.” (16:14) (Elizabeth)

“I want people to be closer to their money because then it becomes part of their story. And when it becomes part of their story, then it becomes one and they’re not separate from it anymore.” (17:49) (Elizabeth)

“It's the cost of sitting on the sidelines. Once you really get that, you can no longer wait. And I think if you can get people to no longer wait, that is as valuable as giving them the best piece of financial advice out there.” (24:57) (Elizabeth)

Guest Resources

Elizabeth’s Website

Elizabeth’s LinkedIn

Elizabeth’s Instagram

Elizabeth’s Twitter

Elizabeth’s Facebook

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

087: Ann Garcia - How to Pay for College: Helping Families Choose the Right School

Jonathan DeYoe — Wed, 20 Dec 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Ann Garcia is a certified financial planner (CFP) who’s helped thousands of families save millions of dollars on college. As a partner and independent progressive advisor, she’s known as ‘The College Financial Lady.’ Ann has been featured in The New York Times , Washington Journal, Money, U.S. News & World Report, and countless other publications and is the author of How to Pay for College .

Today, Ann joins the show to discuss if college is really still worth it, what to consider and what to ignore during the admissions process, and creative ways to utilize merit scholarships and other aid to help parents and students pay for college.

📺 Watch on YouTube

https://youtu.be/Diyd_yqe6lE

Key Takeaways

00:50 – Jonathan introduces today’s guest, Ann Garcia, who joins the show to share early lessons she learned in entrepreneurship and how college planning became the core of her practice

07:16 – Is college worth it?

11:51 – Ignoring the competition that comes from college admissions

14:11 – Choosing the degree that makes sense for you

15:52 – Financial planning and parenting

23:32 – Why does the cost of college keep rising and ways to afford it

28:47 – Tools for figuring out what scholarships schools offer

31:36 – Direct Student Loans vs. other loans

33:38 – Counseling families to find the right schools

36:39 – One thing a family can do today to lead to better college options and one thing to stop doing

38:38 – The last thing Ann changed her mind about and one place Ann has visited that had a profound impact on her

40:24 – Jonathan thanks Ann for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“I learned one really important money lesson. And that was that trying to evaluate my success in life based on how much money I had, and comparing that to other people, was a fool’s errand. And it was a road to not having a happy adulthood and life.” (02:23) (Ann)

“I think college is one hundred percent worth it. What’s not worth it is overextending yourself to pay for college. And so those are two different things. I would say on the ‘Worth It’ side is that a college graduate will earn, on average, one million dollars more over their lifetime than someone without a degree. And typically the unemployment rate for college graduates is about half of what it is for those without degrees.” (07:27) (Ann)

“Having a successful college experience is much more about how you go to college than where you go to college. Such things like, as a student do you feel like professors care about you? Do you have opportunities to apply classroom learning outside the classroom? Are you engaging in extracurriculars? Do you find mentors? Those are really the drivers of a successful college experience, not which college did you choose to go to.” (09:37) (Ann)

“All of the other things we do in our lives that require big sums of money, there is some consideration of affordability and return on investment. And, when it comes to college, too often those two components get thrown out the window.” (15:32) (Ann)

“I do think that there’s tremendous value in Liberal Arts degrees. There are enough of us out here in the world doing good things with Liberal Arts degrees that I think that may not be something to shy away from.” (21:38) (Ann)

“Successful college careers are about the relationships that you form. And so, to me I think more important than what’s the name on your diploma is how do students on this campus engage and make friends?” (34:40) (Ann)

Guest Resources

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

086: Julia Keller - Quitting: It’s Not What You’re Leaving Behind, It’s What You’re Moving Towards

Jonathan DeYoe — Wed, 13 Dec 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Julia Keller is a Pulitzer Prize-winning journalist, novelist and teacher. She has a PhD in English Literature from Ohio State University and has taught at Princeton, the University of Chicago and Notre Dame. She was the chief book critic and staff writer at The Chicago Tribune for many years before she stopped journalism and started to write books.

Today, Julia joins the show to discuss how growing up in West Virginia shaped her outlook on money, why she’s challenging the negative connotation surrounding quitting, and how quitting certain things can help shape you into an even better version of yourself.

📺 Watch on YouTube

https://youtu.be/g7RZFxsGaeY

Key Takeaways

00:50 – Jonathan introduces today’s guest, Julia Keller, who joins the show to share what she learned about money and entrepreneurship growing up in a historically poor state, West Virginia

05:05 – The role money played in Julia’s life growing up

08:55 – The stigma behind the word ‘quitting’ and Julia’s definition of the word

14:14 – Julia’s quitting story and misconceptions on success, perseverance and grit

25:22 – Scientific studies on quitting

30:56 – Quitting our belief systems

36:07 – One thing we can do today to make better decisions and one thing to completely ignore

42:39 – The last thing Julia changed her mind about and the one question Julia would want to know the answer to

46:55 – Jonathan thanks Julia for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“There’s a phrase I like - it’s another writer’s phrase but - ‘Appalachian Fatalism.’ And that’s something I certainly witnessed growing up: people who were hard working, good, decent, honorable people who just constantly, constantly were running up against that lack of money.” (04:34) (Julia)

“I think as children we’re uniquely attuned to the financial situation in the family. Whether we can articulate that or not, you know it and you feel it.” (05:30) (Julia)

“Money takes on this outsized importance in our lives. And you only think of what you don’t have and not what you do have.” (08:01) (Julia)

“Quitting’ can be from a positive standpoint by saying, ‘No longer that direction. No more of that. More of this over here.’ And you’re making that active choice. And that’s why I hope people can begin to see ‘quitting’ as a positive thing. It’s not what you’re leaving behind, it’s what you’re moving towards.” (11:14) (Julia)

“If we start looking at the world as a ‘cause and effect’ universe, where two plus two always equals four, we’re doomed because we just know that isn’t true. And honest people will tell you that.” (22:26) (Julia)

“Things are hard. It’s hard to learn a new skill. It’s hard to learn a new language. It’s hard to run a business. It’s hard to do all of those things. And because something is hard, that doesn’t mean quit when it gets hard. But it also means to not stay the course just to stay the course.” (23:13) (Julia)

“You have to be sensitive to individual capacities, the emotional proclivities that we have because we’re all so very different. To suggest that there’s a ‘one-size-fits-all’ attitude - meaning always stay the course and never quit - is quite wrong and can be quite damaging, too.” (24:31) (Julia)

Guest Resources

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

085: Abby Davisson - Navigating Money & Love

Jonathan DeYoe — Wed, 06 Dec 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Abby Davisson has dedicated her career to helping other people achieve their goals, first as a social innovation leader, and now as an author and entrepreneur whose work has been featured in Fortune, Financial Times, Harvard Business Review, and Fast Company , among others. Abby co-authored the book, Money & Love: An Intelligent Roadmap for Life’s Biggest Decisions , and went on to become Founder and CEO of The Money & Love Institute, prior to which she drove social impacts as the President of the Gap Foundation.

Today, Abby joins the show to discuss how money and love factor into big life decisions, what couples should be considering prior to marriage, and what it means to live your authentic path.

📺 Watch on YouTube

https://youtu.be/oQXyWmrHCgY

Key Takeaways

00:45 – Jonathan introduces today’s guest, Abby Davisson, who joins the show to share early experiences that informed her money experience

04:51 – Abby’s career in social impact and the genesis of her book, Money & Love

11:43 – How money and love factor into big life decisions 16:08 – The Five Cs of decision making

22:53 – The most important factors to consider before getting married

25:25 – Regret and living your authentic path

30:08 – One thing couples can do today to make better decisions and one thing to completely ignore

32:45 – The last thing Abby changed her mind about and one thing people don’t know about her that she would like them to know

37:32 – Jonathan thanks Abby for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“I knew that it was possible to make dramatic changes in life, but I didn’t grow up in a family that talked about money a lot. And so, that was something that I had to come to through a different set of experiences.” (03:04) (Abby)

“Couples that live together before they get married have higher divorce rates. And that seemed very surprising to us, counterintuitive even. And so we wrote our final paper looking at why that was the case, if anything could be done to avoid it. And, yes, it turns out that there is something that can be done to avoid those negative outcomes, and that is being intentional.” (06:54) (Abby)

“Children born today - a baby born today in the Western world - has a majority chance of living to be 100.” (09:52) (Abby)

“All big life decisions - whether it’s moving across the country to accept a job or moving in with someone because you are excited to take your relationship to the next level - have a component of money and love to them. And if you make them in a siloed way, you are more likely to make a decision that you regret because you’re not thinking holistically and not acknowledging the fact that money and love are inextricably linked.” (12:19) (Abby)

“The first [of the Five Cs] is to clarify what is most important to you. The second is to communicate with the other person or people involved in the decision. The third is to examine and consider a broad range of choices. The fourth is to check in with trusted resources. And the fifth is to consider a broad range of consequences.” (16:15) (Abby)

“One thing living in Northern California that I think really helps is nature. I think getting into a place where you feel small relative to what else is out there enables introspection. One of the ways that my husband and I have found to have our most effective communication is on hikes. There’s something about being outside, away from the clutter of the dishes, and the sink, and the laundry that hasn’t been folded, that allows us to think more expansively.” (21:26) (Abby)

“There’s been a lot of research about people at the end of their lives. And what they most regret is not living a life that is authentic to themselves, but trying to follow a path that was expected of them or that they thought was their path but then they realized, ‘Oh, that actually wasn’t my authentic path.’” (25:32) (Abby)

“Pay attention to what you have outsized emotional reactions to. Sometimes, what is helpful as a North Star is understanding your core values in all of this. And one way you can do that is by looking at a set of values and circling the ones that are resonant for you.” (27:32) (Abby)

Guest Resources

Money Love Institute Website

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

084: Manisha Thakor - Balancing Financial Health & Emotional Wealth

Jonathan DeYoe — Wed, 29 Nov 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Manisha Thakor has worked in financial services for over thirty years, with an emphasis on women's economic empowerment and financial well-being. She is the author of MoneyZen: The Secret to Finding Your "Enough," and has been featured everywhere including The Wall Street Journal, The New York Times, NPR, PBS, CNN, CNBC, Real Simple & Women's Health. Her work focused on helping individuals of all ages balance financial health and emotional wealth.

Today, Manisha joins the show to talk about seeking wealth, counterfeit financial culture, and the difference between money problems and money worries.

📺 Watch on YouTube

https://youtu.be/tCQxxcAEwh4?si=Hijunx2kqk9VYsNp

Key Takeaways

00:59 – Jonathan introduces today’s guest, Manisha Thakor, who joins the show to talk about positive financial lessons she learned from both her mother and father

09:14 – Seeking wealth

13:36 – The feeling of ‘Enough’ and how gender influences it

16:51 – Money problems vs money worries

20:05 – The differences between the social infrastructures of the U.S. and Nordic countries

26:07 – Counterfeit Financial Culture and Hungry Ghosts, explained

32:50 – Financial Health plus Emotional Wealth equals Money Zen

36:57 – One thing we can do to increase personal and financial success and one thing to completely ignore

45:00 – One thing people don’t know about Manisha that she would like them to know, and one piece of advice she would give to her younger self

48:41 – Jonathan thanks Manisha for joining the show, encourages the audience to leave a review on her book on Amazon, and lets listeners know where to connect with her

Tweetable Quotes

“My mom is a hippie. She always - back before it was cool - had me playing with gender neutral toys and told me that money gives women voices and choices. And so I had very positive money influences growing up.” (04:47) (Manisha)

“And so, a set of behaviors that helped protect me as a young child ended up as a runaway trait, a subconscious way of moving through the world. And, in the world of finance, when you work like a maniac and you’re trying to earn a lot of money, that’s called being a good employee.” (10:57) (Manisha)

“A money problem is something that can be solved with a series of factual, tactical action steps. For example, how much house can I really afford? What is a reasonable, sustainable rate of withdrawal if I’m headed into retirement? My credit score is in the crapper. How do I improve it? Money problems.” (17:06) (Manisha)

“Money worries are things that have emotional components to their solution, versus purely factual, tactical.” (18:35) (Manisha)

“When we meet someone in the U.S. what is one of the first three questions we ask them? ‘What do you do?’ Overseas, in most countries, that is not the case. But we ask that question and we judge the person’s answer. Therefore, we are placing a value on ourselves and our fellow human beings based not on who they are - their character, the joy of being around them, the curiosity they may inspire in you - but what they do. That’s how we’re valuing them.” (21:00) (Manisha)

“Counterfeit Financial Culture is my name for the way in which we have anchored ourselves and our self-worth to false financial images.” (26:26) (Manisha)

“In lay language, the Buddhist concept [of Hungry Ghosts] is that amongst us walk hungry ghosts who have distended bellies because they are so starved for love and recognition and acceptance, but their throats are as thin as a needle. So, no matter how much of that they receive, they can never fill the hunger. And, I would argue that we have a whole heck of a lot hungry ghosts running around as a result of these factors that I talk about in Money Zen.” (31:23) (Manisha)

Guest Resources

Books Mentioned:

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

083: Sandy Lamb - Ownership, Accountability, & Emotional Intelligence

Jonathan DeYoe — Wed, 15 Nov 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Sandy Lamb is an executive coach, keynote speaker, and TedX speaker coach. She did the corporate gig and saw executive coaching and leadership development as the perfect way to use her skills, help other people excel, and balance work with family and wellness. Sandy helps executives build a culture of belonging and respect by focusing on authentic leadership and emotional intelligence.

She’s the CEO of Altitude Executive Coaching and today, Sandy joins the show to talk about EQ - Emotional Quotient - empathy, and self-awareness.

📺 Watch on YouTube

https://youtu.be/9DKyfpeB9kE

Key Takeaways

00:56 – Jonathan introduces today’s guest, Sandy Lamb, who joins the show to talk about early financial lessons she learned and why she never treated money as an idol

08:12 – Sandy’s path to executive coaching

11:46 – Male-saturated versus male-dominated

13:09 – Emotional Intelligence, empathy, and self-awareness

23:43 – Privilege and avoiding the victim mentality

31:09 – The Four Progressive Areas of Empathy

36:23 – What empathy is really about

39:50 – One thing we can do to increase personal and financial success and one thing to completely ignore

43:58 – The last thing that Sandy changed her mind about and a place Sandy has visited that had a profound impact on her

48:09 – Jonathan thanks Sandy for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“Now, my focus is primarily on the executive coaching and for promoting women in STEM. I don’t have an engineering degree, but I want more and more women to know that they’re worthy and that they can enter into that male-saturated industry, not male-dominated.” (11:22) (Sandy)

“Emotional Intelligence is your ability to be aware of your emotions as they’re coming up in real time.” (15:36) (Sandy)

“The key, and what I’ve really dug deep on, is this idea of empathy. And empathy really falls under social awareness in the EQ assessment world. So, it’s important to have an understanding of your own emotions.” (19:15) (Sandy)

“Understanding what it is that you have a passion for doing - what excites you to get up and go to work every day? So, there’s a piece of that that really comes into play when you’re looking at, ‘What’s the right role for me?’ And most people don’t leave their jobs, they leave their supervisors. So, again, it goes back to that relationship and this idea of, ‘Can I work for somebody who doesn’t necessarily align with my values and beliefs?’ And I think that’s something that we need to ask ourselves.” (20:02) (Sandy)

“The whole idea of women’s empowerment and being empowered is taking matters into your own hands. Don’t complain about what’s happening around you. The way in which you change your situation is you make it happen.” (26:36) (Sandy)

“Empathy is not about agreement and it’s not even necessarily about understanding as much as it is about listening. Sometimes, people just want you to listen.” (36:23) (Sandy)

“Don’t make a statement when you can ask a question. Because when you make statements, you’re talking at people; you’re not talking with them. And you are assuming that you already know what they need.” (39:19) (Sandy)

Guest Resources

Sandy’s LinkedIn

Sandy’s Email

Altitude Executive Coaching

Altitude Executive Coaching Facebook

Altitude Executive Coaching Instagram

Cracking the Rich Code: Volume 10

Books Mentioned:

The Oz Principle

Uncommon Ground

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

082: Kim Curtis - Taking Control of Your Financial Destiny

Jonathan DeYoe — Wed, 08 Nov 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Kim Curtis is the CEO of Wealth Legacy Institute and is proud to be part of a firm that puts clients first. For Kim, how you deal with money says a lot about how you deal with life. She’s the best-selling author of Money Secrets: Keys to Smart Investing, and her mission is to give women the right mindset and money formula to help them get comfortable with their money so they can focus on creating lives of purpose.

Today, Kim joins the show to talk about the Two Laws of Money, the gender differences surrounding money, and how and when money finds us.

📺 Watch on YouTube

https://youtu.be/BDSn6-O3XhE

Key Takeaways

00:54 – Jonathan introduces today’s guest, Kim Curtis, who joins the show to talk about how her parents’ divorce impacted her views on money

08:45 – The value placed on education and a student loan surprise

13:55 – The origins of the Wealth Legacy Institute

19:45 – The most potent money scripts Kim runs into with couples

24:07 – Love yourself and money will follow

25:29 – Two Laws of Money

28:46 – Differences in how men and women approach money

37:36 – One thing we can do to increase personal and financial success and one thing to completely ignore

39:32 – The last thing that Kim changed her mind about and one thing she would like others to know about her

41:27 – Jonathan thanks Kim for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“Events happen in our lives all the time that we have no control over. But, what I recognized at that point, was that I did have control over the responses or the choices that I made. And that would determine my outcomes.” (11:17) (Kim)

“I wanted to create a firm that had a soul - a firm filled with humanity that puts clients first, not last - and that’s when I created Wealth Legacy Institute.” (16:43) (Kim)

“You have to have managing money tied to a financial plan for self-preservation and putting it in perspective.” (21:38) (Kim)

“Money finds you when your frequency is high. And, when we have high frequency is when we have joy, when we have aliveness, when we have gratitude, when we have self-love, when we have self-respect, when we have consciousness and awareness. That raises up our frequency to understand for money to find us. And how does money find us? Well, money finds us through our ideas, and ideas are abundant.” (25:02) (Kim)

“I think the struggle allows, for the other side, gratitude.” (37:10) (Kim)

Guest Resources

Kim’s LinkedIn

Kim’s Book

Kim’s Instagram

Happiness Doesn’t Retire Instagram

Wealth Legacy Institute Website

Wealth Legacy Institute Twitter

Wealth Legacy Institute LinkedIn

Wealth Legacy Institute Facebook

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

081: Barbara Friedberg - Personal Finance, Robo Advisors & Sourcing Financial Information

Jonathan DeYoe — Wed, 01 Nov 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Barbara Friedberg is an MBA, MS, and former portfolio manager, who is committed to investment and money education across multiple platforms. She currently owns and manages Barbara Friedberg Personal Finance.com, which is dedicated to improving investment knowledge and wealth. She consults for a select group of fintech companies and writes for many popular online media outlets.

Today, Barbara joins the show to talk about financial influencers, the difference between robo advisors and actual advisors, & what she thinks about investors choosing to pick individual stocks.

📺 Watch on YouTube

https://youtu.be/9X08VOkx4-s

Key Takeaways

00:59 – Jonathan introduces today’s guest, Barbara Friedberg, who joins the show to discuss how her ‘Depression Baby’ parents influenced her outlook on finance

05:33 – What led Barbara to blogging about the FIRE Movement

12:11 – The goal of Barbara Friedberg Personal Finance.com

14:28 – Barbara’s thoughts on financial influencers on the Internet

19:02 – Barbara’s thoughts on individuals picking stocks

22:49 – Robo advisors 2

7:29 – Overcoming the roadblock of second guessing ourselves

31:43 – Situations that call for an actual advisor

33:53 – One thing we can do to increase investing success and one thing to completely ignore

37:23 – One thing that Barbara would want people to know about her and the one question Barbara would want to know the answer to

39:43 – Jonathan thanks Barbara for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“The goal [of Barbara Friedberg Personal Finance] was to get a book contract. I knew nothing about making money with the blog. That all came later. In collaboration with other bloggers, I learned, ‘Wow, people are actually making money with this. I can do this too!’ And my eyes lit up and I realized I could create a real job where I’m making a lot of money from my blog.” (12:18) (Barbara)

“And I would recommend to anyone, whomever you’re listening to, make sure you know what their background is so that you can assess the level of accuracy of their information. And also understand how they are getting paid.” (16:16) (Barbara)

“The benefit of the robo advisor is you can change your asset allocation. You can change it whenever you want.” (29:27) (Barbara)

“Many people just don’t have the interest to learn enough about investing to make those types of decisions. And, if you’re one of those people - I don’t care what your financial situation is - you may want to at least have one or two meetings with an advisor. And then there are wealthier individuals who have more complex situations, and they definitely need an advisor because they need somebody to talk about their tax situation, their estate planning, and all of that stuff, and they need help.” (32:04) (Barbara)

Guest Resources

Link to Barbara’s Exclusive Giveaway

How to Invest, and Grow Your Wealth

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

080: Franco Perez - The Wealth & Information Gap & Striving To Do Better

Jonathan DeYoe — Wed, 25 Oct 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Franco Perez is an entrepreneur and Founder of Franco Mobile Homes, who is working on a social challenge that exists within our capitalist system, while building wealth for his own family and his team and teaching others to do the same. Franco’s mission is to address the affordable housing crisis with well-designed mobile homes.

Today, Franco joins the show to delve into the psychology of not having enough, the shame of some living situations, the benefits of home ownership, and the idea of building a company to solve a problem.

📺 Watch on YouTube

https://youtu.be/YHt8Z9o4TZY

Key Takeaways

00:53 – Jonathan introduces today’s guest, Franco Perez, who joins the show to discuss growing up as an immigrant and the contrast in what he witnessed in the Philippines and in the United States

06:21 – Choosing happiness and overcoming immense pain and hardship

19:53 – The importance of exercise and the decision to become an entrepreneur

27:29 – Staggering statistics on house affordability

32:42 – Franco provides his thoughts on why mobile homes are the best solution

35:23 – Solving the stigma of mobile homes

43:27 – One thing we can do to increase financial success and one thing to completely ignore

45:48 – One thing that Franco would want people to know about him

46:28 – Jonathan thanks Franco for joining the show and lets listeners know where to connect with him

Tweetable Quotes

“There wasn’t just a wealth gap, there was an information gap. There’s a lot that I wish that I knew back then and a lot that we thought was normal when it comes to finances that actually weren’t. There’s different norms on the wealth side of things.” (04:17) (Franco)

“Going through that problem - even though it was the hardest and saddest time in my life - allowed for me to mature and grow psychologically and also be able to take on bigger and harder problems. It actually built my drive to want to do better.” (10:33) (Franco)

“When you’re in a very desperate situation, you learn to become resourceful and you learn to use the resources you have to try to create the most out of it.” (15:52) (Franco)

“The way this world is set up is that there’s so many services out there for the rich and wealthy and there’s not enough people helping and giving the right advice to those that are average or working class. And that’s exactly what I witnessed and it’s shocking to me. I didn’t care if I made money on it or not - it was more of a side gig for me - but I just wanted to find something that would help ease a family like that.” (22:40) (Franco)

“Knowing the pain was there and knowing that other families need this need allowed me to ignore the noise of people, even investors, saying, ‘Hey, this mobile home thing is crazy. You shouldn’t do this.’ But it was the need to have to fix this problem that I saw as so painful, in this system that is unfair, that I had to do it. When the ‘why’ is important enough, you just ignore the rest.” (26:58) (Franco)

Guest Resources

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

079: Maria Brito - Passion, Empathy & An Intuition for Business

Jonathan DeYoe — Wed, 18 Oct 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Maria Brito is an award-winning New York based contemporary art advisor, entrepreneur, author and curator. She was selected by Complex Magazine as one of the twenty power players in the art world and Art News says, ‘she’s one of the visionaries shaping that world.’ A Harvard graduate, originally from Venezuela, her first monograph “Out There” published by Pointed Leaf Press in 2013, was the recipient of the USA Best Book Awards in both the Art and Design Categories.

Today, Maria joins the show to discuss working with Diddy and Gweneth Paltrow, entrepreneurship, and common misconceptions about creativity.

📺 Watch on YouTube

https://youtu.be/noT_hd1LCc0

Key Takeaways

00:52 – Jonathan introduces today’s guest, Maria Brito, who joins the show to talk about how she transitioned from a Harvard-trained corporate lawyer to an art consultant

11:51 – From launching a small business to working with Diddy & Gweneth Paltrow

20:25 – Art consulting & Jumpstart Creativity

25:31 – The universal nature of creativity

30:51 – The Alchemy Lab, explained

35:57 – Common misconceptions about creativity

39:35 – One thing we can do to be more creative today and one thing to stop doing

44:50 – One thing that Maria would want people to know about her and the one question she would want to know the answer to

47:24 – Jonathan thanks Maria for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“The way that I teach my children about money being born and raised in New York is a very different story from how I grew up. And, the motivations they have and the things that they see are encouraging and different. And that’s not how I grew up.” (04:07) (Maria)

“I believe in God. Say whatever you want. I believe that you get the confirmation when you are on the right path. And, I think part of it is beginner’s luck, honestly.” (13:01) (Maria)

“I didn’t have that sort of pressure for anything to happen, right? I was like, ‘Look, I just want to prove that I am very good at choosing art - that I’m very good because I’m on top of my game and I can give a lot of value in this service business.” (18:25) (Maria)

“It’s very hard to be creative and not be empathetic.” (32:03) (Maria)

“I think that creativity and attention and mindfulness are very intertwined. I do not know anybody who is really creative and successful who is not paying attention.” (41:48) (Maria)

Guest Resources

Link to Jumpstart Creativity

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

078: Jamie Fiore Higgins - First In, Last Out: Beating the Addiction of Goldman Sachs

Jonathan DeYoe — Wed, 11 Oct 2023 09:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Jamie Fiore Higgins spent almost twenty years at Goldman Sachs, reaching the pinnacle of her field by earning the role of managing director. One of just 8 percent of Goldman employees to earn the managing director title, she was the highest-ranking woman in her department. She ran the trainee and internship programs, was active in the Women’s Network Committee, and managed top equity clients and $100 billion in stock.

Today, Jamie joins the show to discuss the abuse and misogyny she experienced in a toxic Wall Street environment, what led to her departure, and how she regained her own sense of moral clarity.

📺 Watch on YouTube

https://youtu.be/OKE85JB1CuQ

Key Takeaways

00:48 – Jonathan introduces today’s guest, Jamie Fiore Higgins, who joins the show to talk about how her familial history impacted the formation of her own beliefs about money

08:14 – Jamie’s experience at Goldman Sachs

17:34 – First In, Last Out, misogyny, and buying into the lifestyle

23:15 – Jamie reflects on losing her own sense of moral clarity

32:14 – The Spreadsheet of Freedom

37:07 – Advice Jamie would give to young female professionals starting out

40:10 – Fixing the industry itself

46:05 – Hard work, mentorship, and doing things your way

49:11 – Jamie’s current project

51:24 – The last thing Jamie changed her mind about and one thing she would want others to know about her

55:31 – Jonathan thanks Jamie for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“I think, for me, that mindset that I kinda inherited from my father and a little bit from my grandfather is what fueled my almost twenty years at Goldman. And then I started seeing what that cost me.” (06:50) (Jamie)

“I did well at first because I have a really good head for numbers, I have a work ethic - I was first in, last out - and I was really good with my clients. But what I realized at this part of my career, when I was five to seven years in, is what really gets you catapulted at Goldman is keeping your mouth shut.” (19:52) (Jamie)

“In order to be successful, I had to put up and shut up. And what I realized was that, over time, when you’re constantly living against your values, when you’re constantly feeling like you’re acting in opposition to what your gut says, it just takes its toll.” (22:19) (Jamie)

“I felt like Charlie Bucket. I felt like I had just gotten the Golden Ticket to the Chocolate Factory. And from the first day they said, ‘Getting a job at Goldman Sachs is harder than getting into Harvard. So, thank your lucky stars that you did something right.’” (27:51) (Jamie)

“Goldman was like an addiction...I couldn’t just walk away cold turkey. I was addicted to the prestige. I was addicted to making my family proud. I was addicted to saying I was Jamie from Goldman.” (33:32) (Jamie)

“Until these firms marry their wonderful goals of ‘We believe in equality, blah, blah, blah.’ They need to marry those wonderful soundbytes with actionable steps. And I think in order to do that, you need a curiosity and you need a humility.” (42:04) (Jamie)

Guest Resources

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

077: Chris Mamula - The Many Paths to Financial Independence

Jonathan DeYoe — Wed, 04 Oct 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Chris Mamula documented his personal path to financial independence at Eat the Financial Elephant for several years before leaving his career as a physical therapist in 2017 at age 41. Shortly after, he joined Darrow Kirkpatrick at Can I Retire Yet?, where he continues to follow his calling of helping people live their best lives. He’s the co-author of the book, Choose FI, and his mission is to spread the life-changing message of financial independence to a broader audience.

Today, Chris joins the show to talk about common misconceptions around the FIRE Movement, what it means to have a valuist mindset, and why it’s imperative to prioritize saving money.

📺 Watch on YouTube

https://youtu.be/y86KdZNzscM

Key Takeaways

00:58 – Jonathan introduces today’s guest, Chris Mamula, who joins the show to talk about debt, helping people, and the decision to choose a path towards financial independence, retire early (FIRE)

11:20 – FIRE resources and common misconceptions about the FIRE Movement

15:48 – Having a ‘valuist’ mindset

18:08 – Valuing financial independence over retirement

21:45 – Statistics around retirement readiness and the vision of ‘Can I Retire Yet’

25:49 – How Chris is raising his children to think about money and finances

32:22 – The psychology of saving money

37:16 – One thing we can do to increase financial success and one thing to completely ignore

39:47 – The last thing Chris changed his mind about

41:59 – Jonathan thanks Chris for joining the show and lets listeners know where to connect with him

Tweetable Quotes

“Debt is a part of life for most people - at the very least a mortgage. Virtually no one can buy their first house with cash unless they’re getting a lot of parental support. That’s, unfortunately, a part of life for most people.” (04:50) (Chris)

“A ‘valuist’ just means you really line your spending up with your personal values. To me, that kinda just summed up exactly what we were doing.” (15:48) (Chris)

“There’s this Warren Buffet idea of giving your kids enough that they can do anything, but not enough that they can do nothing.” (28:58) (Chris)

“One of the bigger downsides of reaching financial independence is that I wish I had more impact. But, again, I’m trying to keep perspective of where I’m at in life.” (30:38) (Chris)

“If you really dive into the big things that move the needle - housing, cars, food - change those big things, get out of debt so you don’t have your money working against you, and start saving where your money is working for you and it’s surprising how things add up. But you have to make the change and you have to do those big things.” (35:18) (Chris)

“If you want to change your financial picture, you have to know where your money is going.” (37:56) (Chris)

Guest Resources

Chris’ LinkedIn

Can I Retire Yet

Eat The Financial Elephant

Abundo

Chris’ Book: Choose FI

FIRE Resources:

JL Collins

Choose FI Podcast

The Psychology of Saving Money

Books Mentioned: Outlive

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

076: Paul Merriman - The Lifelong Process of Financial Education

Jonathan DeYoe — Wed, 27 Sep 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Paul Merriman is a nationally recognized authority on mutual funds, index investing, and asset allocation. He founded Merriman Wealth Management in 1983, retired from the firm in 2012, and created the Merriman Financial Education Foundation. Everything he does is dedicated to providing investors of all ages with information and tools to make informed decisions for their own best interests.

Today, Paul joins the show to reflect on early financial lessons he learned, discuss the current state of financial education, and share the top three decisions everyone must make in their financial lives.

📺 Watch on YouTube

https://youtu.be/MFHHT8oOnUs

Key Takeaways

00:47 – Jonathan introduces today’s guest, Paul Merriman, who joins the show to share his background in finance and the scarcity mindset he developed while growing up

07:15 – Paul reflects on early experiences that shaped his money story

11:25 – Paul’s career journey

17:22 – The state of financial education today

22:08 – How to make others understand that financial education is a lifelong process

27:46 – The FIRE (Financial Independence, Retire Early) movement and other financial advice

31:25 – Indicators of misleading financial advice

33:46 – A life changing experience

39:39 – The top three decisions everyone must make in their financial lives

45:38 – Paul’s thoughts on the 1% advisor fee

54:30 – One place Paul has visited that had a profound impact on him and the one question Paul would want to know the answer to

58:50 – Jonathan thanks Paul for joining the show and lets listeners know where to connect with him

Tweetable Quotes

“I don’t know why, but I started selling when I was eleven years old. And I kept selling from selling Christmas cards at eleven to selling in the record shop when I was in high school, selling in the clothing store. I have always enjoyed facing the public and I feel like I’ve always had something worthwhile to sell. And so, while others may see selling as a lowly profession, I’ve always found it to be wonderful because really it’s just another form of teaching as far as I’m concerned.” (03:54) (Paul)

“It’s amazing how much great information is being laid at the feet of young people. And there’s a lot more of that great information coming. On the other hand, there is an abundance of really bad advice that is available for free. The price is not what it costs to get the education. The price is gonna come when you get the education and those amazing investments don’t work out.” (17:39) (Paul)

“We all say that the best strategy is the one that you will use for the rest of your life. Now, you want it to be a good strategy. We don’t want you to be in cryptocurrency for the rest of your life. But, chasing performance is just not a winning strategy.” (35:40) (Paul)

“As a matter of fact, if you look at what is behind successful investing, it’s almost all about being a contrarian and doing the opposite.” (48:35) (Paul)

“Generally speaking, even though investment advisors are gonna make a good living, it’s not about making the big sale to get money right now, because they’re looking for a lifetime commitment. The salesperson who gets a commission can get rich right now for a few minutes worth of work. It doesn’t work that way with investment advisors. If you don’t like me after six months, I’m outta there.” (54:01) (Paul)

Guest Resources

Paul’s YouTube Channel

Paul’s Twitter

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

075: Kristen Wonch - Overcoming the Hurdle of Limiting Financial Beliefs

Jonathan DeYoe — Wed, 20 Sep 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Kristen Wonch is a money coach who works with women to build a relationship with money that turns them on. She does this by teaching women how to earn more, hold onto more, and grow it more simply.

A self-proclaimed, ‘wealth ninja,’ Kristen joins the show today to discuss the impact our financial beliefs have on our success, the differences between masculine and feminine energy, and how to avoid the three fatal mistakes investors make.

📺 Watch on YouTube

https://youtu.be/WrIyoybatWQ

Key Takeaways

00:54 – Jonathan introduces today’s guest, Kristen Wonch, who joins the show to share her journey to financial planning and how she made an early association between money and goals

07:22 – Breaking down masculine and feminine energy

14:02 – Where Kristen gets her information and how she differentiates herself as a financial coach

20:09 – The impact of our beliefs

24:48 – Overcoming the hurdle of limiting beliefs

34:12 – How men and women approach finances differently

38:29 – The shift in society around equality and opportunity

40:49 – Three fatal mistakes that investors make

45:34 – One piece of advice Kristen would give to a woman looking to invest for the first time and one thing to completely avoid

49:34 – The last thing Kristen changed her mind about and one thing people don’t know about her that she would like them to know

52:52 – Jonathan thanks Kristen for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“What I grew up believing about money was that there wasn’t a lot of it. Money was a thing to be stressed about, it wasn’t to be overspent, and it wasn’t to be spent on things that were luxuries.” (02:48) (Kristen)

“In our society, we’re socialized to believe that the masculine energy is the way to make shit happen - it’s the way to make money, it’s the way to achieve, it’s the way to climb the corporate ladder. So, society doesn’t socialize us to value a lot of the feminine energy aspects, like building relationships, empathy, having emotional intelligence.” (12:34) (Kristen)

“We all have beliefs. All of the beliefs you have about money - all the beliefs you have about yourself and the beliefs you have about world - that drives every single one of your actions. And most of the beliefs that you’re holding you’re not even aware that you have; you actually think that it’s true.” (18:40) (Kristen)

“With the inequality conversation, believing that there are certain things, both structural and societal, that mean you can’t be successful. Well that belief serves you because if you have that belief, you don’t have to go after your dreams or your goals. You just get to sit inaction and stay safe. Well, that’s not gonna get you a large and fulfilling life, so stop telling yourself that shit.” (24:08) (Kristen)

“You can create results, you can make money, you can build wealth, and you don’t have to burn out doing it. You don’t have to exhaust yourself. Your health is more important. You can’t pour from an empty cup.” (32:33) (Kristen)

“A lot of women, the biggest thing that holds them back is not feeling safe to have, hold, and make a lot of money. They believe they’re going to be judged. They believe that they’re not good with money, and so they try to get rid of it. They believe that they’re going to be a target. That lack of safety that women feel by growing and expanding I think holds a lot of women back.” (36:44) (Kristen)

Guest Resources

Mindful Money’s Long-Term Cost of an Advisor calculator

100 Money Blocks Free Guide

Kristen’s LinkedIn

Kristen’s Website

Women’s Money Mastery

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

074: Carrie Sax - Saving, Investing, & Planning with Care and Consideration

Jonathan DeYoe — Wed, 13 Sep 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Carrie Sax is a financial advisor at EP Wealth who also has a degree in zoology and has earned a CFP and CFA. She has a regular yoga meditation practice and has been working in the financial services industry for twenty years.

Today, Carrie joins the show to discuss her journey from zoology major to financial advisor, the impact gender stereotypes have had on men and women’s finances, and the pivotal roles financial advisors play for their clients.

📺 Watch on YouTube

https://youtu.be/T-Ac1MA5LnI

Key Takeaways

00:53 – Jonathan introduces today’s guest, Carrie Sax, who joins the show to share her journey to financial planning and how she made an early association between money and goals

13:04 – From zoology to finance

21:25 – Stock selection

24:02 – Portfolio planning

28:59 – The most important things financial advisors do for their clients

31:44 – Finances, relationships, and gender roles

43:05 – Gender differences between how men and women approach finances

44:43 – One piece of advice Carrie would give to a prospective client to find financial success and one thing to completely avoid

47:08 – One thing people don’t know about Carrie that she would like them to know and one place Carrie has visited that had a profound impact on her

48:33 – Jonathan thanks Carrie for joining the show and lets listeners know where to connect with him

Tweetable Quotes

“Most of what I learned came from my mom, who handled the family finances. She taught me my numbers, she took me to the bank and showed me how to use the ATM, she got me a checking account. My dad was into his boat and his cars, so my mom was really the one who was really organized and managed the household expenses well.” (03:18) (Carrie)

“My dad did earn the money and he made good money at certain times in his life. But he really had no idea what he was spending. He really had no awareness or mindfulness around the spending. It was just, ‘money in, money out,’ and my mom was this gatekeeper, and I don’t think either of them had a grasp on what was possible.” (07:55) (Carrie)

“In my opinion, and from my experience and education, if you go from one advisor to another, the portfolio shouldn’t be that different. They really shouldn’t. It’s a bit commoditized. I think a low-cost portfolio, passive tense, research shows tends to outperform.” (24:20) (Carrie)

“It’s an exciting thing to talk about the hot stock of the day, but it doesn’t really ever get you the better returns in the long-term, I don’t think.” (28:46) (Carrie)

“Finances are not just for the guys. Sometimes women are more savvy with that stuff than men. I think it really makes for a more balanced relationship.” (36:52) (Carrie)

“Really it’s just saving. It’s living below your means, saving, and investing in a stock and bond portfolio for the long-run.” (45:45) (Carrie)

“I care about my clients. I think that’s the best way to be a successful advisor is to care, because then you’re in it for the right reasons.” (47:36) (Carrie)

Guest Resources

Carrie’s Bio

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

073: Mike Van Pelt - Identity, Success & Positive Masculinity

Jonathan DeYoe — Wed, 06 Sep 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Mike Van Pelt is an entrepreneur, author, speaker, and men’s life coach leader. He is the founder of True Man Life Coaching and host of the popular men’s podcast, True Man Podcast. Mike has served in leadership roles for most of his career, bringing over two decades of engagement and expertise in account management, consulting, and leadership development.

Today, Mike joins the show to discuss the work he’s doing mentoring and guiding men, what positive masculinity means to him, and why so many men tie their identities to their careers.

📺 Watch on YouTube

https://youtu.be/OoeKu5-K33U

Key Takeaways

00:51 – Jonathan introduces today’s guest, Mike Van Pelt, who joins the show to share early financial lessons he learned, his entrepreneurial spirit, and his views on the wealth gap

15:21 – Mike gets vulnerable and opens up about his unique relationship with his wife and her career

19:59 – Why men tie their identities so closely to their careers

26:05 – Defining ‘positive masculinity’

29:00 – What Mike has observed about young men and their thoughts on what it means to be a man

42:07 – One thing we can do to find success and one thing to completely avoid

53:34 – One thing people don’t know about Mike that he would like them to know and the one question Mike would know the answer to

57:36 – Jonathan thanks Mike for joining the show and lets listeners know where to connect with him

Tweetable Quotes

“Now I view money as something that easily comes to me. I try to think of it that way rather than repelling it away from me.” (04:16) (Mike)

“I just thought everybody around me was the same way. And so, I didn’t necessarily think about who was rich or who was poor. I knew whose dad owned the car dealership down the street and whose dad was the attorney, but my view of them was we’re equals.” (07:23) (Mike)

“It gives me a really unique view and seat in looking at the world of masculinity and the world of issues women deal with, such as pay equity. So, I’ve had a unique view of that and I’m glad I did because it’s really opened my mind to what’s going on.” (25:33) (Mike)

“Masculinity is more along the lines of being real, being authentic, and being vulnerable.” (27:06) (Mike)

“Life is so short; it’s so tender. You never know when you’re gonna lose the people around you. And I don’t think we can ever lose sight of that. And as I get older, I tend to choose more wisely the people that I put around me or the people I’m exposed to. I like to say in my world, ‘I want more givers around me and fewer takers.’” (42:59) (Mike)

“You gotta take control over your own life because nobody else is gonna look out for you. They’re worried about themselves. At the end of the day, you are in control of your mind, your body, what you say, and what you do. And if you don’t take action to be present and positive, nobody’s gonna want to be around you.” (50:00) (Mike)

Guest Resources

Mike’s YouTube Channel

Mike’s Podcast

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

072: Pete Alexander - Handling Stressful Situations with Grace & Success

Jonathan DeYoe — Wed, 30 Aug 2023 00:15:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Professor Pete Alexander has had a thirty-five year career that spans Sales and Marketing, being a college professor of Marketing, and running a small interior landscaping business called Office Plants by Everything Grows, where he’s still a majority owner. Professor Pete is also an expert in something that impacts all of our lives: stress.

Today, Pete joins the show to share tips and best practices for coping with stress, the role of eustress, and the importance of gratitude and visualization.

📺 Watch on YouTube

https://youtu.be/Ex_I_ZfC9N4

Key Takeaways

00:55 – Jonathan introduces today’s guest, Pete Alexander, who joins the show to talk about how financial insecurity growing up instilled a fear-based money mindset

09:14 – The inspiration to write a book about stress

17:31 – Gratitude, visualization, and personal values

25:40 – Staggering statistics on stress and its effect on the body

30:10 – Understanding the LIGHTEN acronym

31:49 – Good stress vs. bad stress and the two flavors of stress

35:14 – One thing that a person under severe stress can do to reduce their stress levels and one thing to avoid doing

41:09 – One thing people don’t know about Pete that he would like them to know

43:10 – Jonathan thanks Pete for joining the show and lets listeners know where to connect with him

Tweetable Quotes

“What I learned was that, when you don’t manage your money properly, that has a very strong effect on your kids.” (02:45) (Pete)

“For me, my feeling is that I don’t want to be a burden for my kids. And so part of my strategy of ‘saving, saving, saving,’ is that I wouldn’t feel like I had to go ask them, down the road, if something happened to me.” (08:29) (Pete)

“I sat there and I thought, ‘Oh my God. I’m trading my health for my career.’ And that is a very bad trade because, if you think about it, the reality is when you think about a time when you were really sick, did you feel like doing anything other than lying in bed? Probably not. And when you’re in that state, you’re no good to your career, to your business, or to the people you love, because you have no energy.” (15:30) (Pete)

“Health became and remains the number one priority for me because, in my opinion, without your health, nothing else matters.” (23:32) (Pete)

“One thing that stood out to me when I started doing my research was that the World Health Organization (WHO) called stress the number one health epidemic of the 21st Century.” (26:46) (Pete)

“There actually is good stress, called eustress. That is stress where if you’re working on something that you are passionate or excited about, it’s the kind of stress that helps us get things done.” (31:52) (Pete)

“The energy that we project out there in the universe, we’re gonna attract that same polarity back. And so when we project out negative energy, we are retracting back like energy. But if we send out positive energy - guess what - we’re gonna attract back that positive energy.” (34:37) (Pete)

Guest Resources

Pete’s LinkedIn

Pete’s YouTube Channel

Pete’s Facebook

Pete’s Twitter

Pete’s Book

Pete’s Stress Relief Thoughts

Office Plants by Everything Grows Website

Link to the Values Activity that is a true game changer for stress

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

071: Jay Zigmont - Build the Life You Want: Life & Financial Planning for an Underrepresented Population

Jonathan DeYoe — Wed, 23 Aug 2023 00:15:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Dr. Jay Zigmont is a PhD, CFP and the Founder of Childfree Wealth. He is a fee-only, advice- only fiduciary and the author of The Portraits of Childfree Wealth . Most financial advice treats parenthood as the default. Dr. Jay has built a financial planning system that caters to the unique needs of those whose futures don’t include kids.

Today, Jay joins the show to talk about why having children has become a default scenario in financial planning. He details the differences in financial planning between those who choose to have kids and those who choose to be childfree, and gives advice on how to build the life you want and then have the finances fit it.

📺 Watch on YouTube

https://youtu.be/dfi8fFdfKQw

Key Takeaways

00:58 – Jonathan introduces today’s guest, Jay Zigmont, who joins the show to talk about an early lesson that became integral to his money story and why he chose to focus on helping a unique demographic

10:01 – Jay shares the story of how he made his first million and lost it before he turned twenty-five

13:37 – Improving your money mindset

14:40 – From Adult Learning to Financial Coaching

16:21 – A systematic bias in the financial services industry

21:34 – Childless and Childfree demographics and statistics

26:31 – Key differences between planning for a life with kids and planning for a life without kids

32:08 – Long-term care

36:14 – One thing that a childfree person should do to lead to greater personal and financial success and one thing to avoid doing

37:38 – The last thing Jay changed his mind about and the thing in Jay’s life that he is most grateful for

39:31 – Jonathan thanks Jay for joining the show and lets listeners know where to connect with him

Tweetable Quotes

“The hard part is that when you run your own company, you work for a crazy person, which is yourself.” (07:24) (Jay)

“The childfree demographic is an underrepresented minority group that people aren’t talking about. And when they are talking about them, they’re judging them.” (08:19) (Jay)

“Money doesn’t buy happiness. You don’t know that until you actually have money. I was living in Connecticut, commuting three hours both ways to New York City until I could afford an apartment. I had no money. I was busting my butt. But you learn that, ‘Ok, it’s easy to make money. How do you manage it? How do you grow it? How do you keep it?’ That’s a different question.” (10:55) (Jay)

“There are systematic biases - technically the term is ‘pro-natalist’ which advocates for more kids - built into the system that the childfree folks then have to essentially unbuild. But I have to teach people financial advice that matches them.” (18:00) (Jay)

“What’s happening is the younger generations are going, ‘Yeah, the concept of working twenty- five years and getting a watch and pension is gone. The classic two and a half kids and the white picket fence and the marriage could be gone too.’ And that’s just a rethinking of The American Dream. I don’t blame them for picking a different path. It’s just a different society now than it was for hundreds of years.” (25:36) (Jay)

“I call it ‘Life & Financial Planning.’ I start with. ‘What life do you want to live?’ Then I go to what your finances are, and then your taxes.” (28:41) (Jay)

“If you ask me, ‘Hey, who’s gonna take care of you when you get older?’ My answer is, ‘My bank account.’” (33:12) (Jay)

“My answer is always, ‘Pick the life you want to live, then make your finances fit it.’ You don’t have to follow the default path.” (36:32) (Jay)

Guest Resources

Childfree Wealth Website

Childfree Wealth Podcast

Childfree Wealth YouTube Channel

Childfree Wealth Facebook

Childfree Wealth Instagram

Childfree Wealth LinkedIn

Jay’s LinkedIn

Jay’s Book

Books Mentioned:

Die with Zero

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

070: Linda Case - Psychology, Money & Curating a Healthy Financial Mindset

Jonathan DeYoe — Wed, 16 Aug 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Linda Case is a financial therapist and financial coach with over thirty years combined experience in financial services, professional counseling, and coaching. She coaches her clients to manage their money and mindset so they can get firmly on the path to financial freedom and comfortable retirement.

Today, Linda joins the show to speak about female entrepreneurship, why the best laid financial plans don’t always pan out, and her thoughts on the conditioning of limited beliefs.

📺 Watch on YouTube

https://youtu.be/7f9_CRYo09E

Key Takeaways

00:51 – Jonathan introduces today’s guest, Linda Case, who joins the show to talk about financial trauma and curating a healthy financial mindset

12:03 – Linda reflects on the impact that the Great Recession of 2008-2009 had on her

16:43 – F3 Cubed

20:54 – From financial advisor to psychologist

27:11 – Staggering statistics on successful female entrepreneurship

31:27 – The conditioning of limited beliefs and how women, in particular, are conditioned

38:58 – Understanding the role that shame and forgiveness plays in finances

43:21 – Hypnosis & Energy

52:58 – One thing that women in particular can do to lead to greater personal and financial success and one thing to avoid doing

55:01 – Something people don’t know about Linda that she would like them to know and the one question Linda would want to know the answer to

56:14 – Jonathan thanks Linda for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“I didn’t have that knowledge of limiting beliefs. All I had was the upbringing that I had. You come in with these core sets of beliefs and until they come to awareness, you’re looking at your life and saying, ‘Whoa, this is a problem. Do I want to address this or do I want to push it back down and wait until it springs up again?’” (11:18) (Linda)

“It wasn’t until I really delved deeper into the spiritual aspects of money and getting my training on energy psychology that really, I think, developed into this program that I created.” (17:44) (Linda)

“It’s a small percent [of female entrepreneurs] that breaks out of that microbusiness mold. And, I just have to attribute that to a lot of belief that we have been brought up with that we don’t speak up for ourselves, and don’t go after, and are busy taking care of other people.” (27:31) (Linda)

“We all are conditioned, male and female, and it starts at a very early age. Seven is when we start to develop the conscious reasoning part - the logical part - of our brain. But before that, we’re pretty much walking around in a hypnotic state.” (31:44) (Linda)

“I have clients coming in and it’s not specifically money related, but we end up having those discussions. And I think I have helped them feel safe having that conversation with me. But, unfortunately, so many people out there don’t have a safe place to go where they’re not going to be judged.” (39:45) (Linda)

“Your imagination, when you want to create something, is all there. It’s all there. You don’t know how it’s gonna show up, but be open to synchronicities.” (54:19) (Linda)

Guest Resources

Linda’s YouTube Channel

Linda’s Phone Number: 267-377-7349

Linda’s Website

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

069: Tyler Nicholls - Financial Literacy, Investing in Ourselves, & Providing Value to Others

Jonathan DeYoe — Wed, 09 Aug 2023 00:15:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Tyler Nicholls is an entrepreneur who is passionate about helping others at scale. He taught seventh grade Math with Teach for America before getting his Masters from Boston University. Tyler is the creator of Kudosy, a digital rewards system that helps solve the problem of financial literacy in the U.S. while strengthening families.

Today, Tyler joins the show to share his thoughts on having an abundance mindset, why it’s critical to develop sound financial habits early, and his passion for giving back to others.

📺 Watch on YouTube

https://youtu.be/1_2prh3gCy4

Key Takeaways

00:57 – Jonathan introduces today’s guest, Tyler Nicholls, who joins the show to talk about financial lessons he learned during his upbringing, including spending on what you value, and being intentional with money

08:29 – Having an abundance mindset

10:38 – From software products to financial literacy

11:59 – Jarring statistics on financial literacy and the vision for Kudosy

16:00 – The importance of building great financial habits early

24:15 – How the Kudosy app works

27:25 – The Lemonade Stand

31:13 – One thing that we can do to lead to greater personal and financial success and one thing to avoid doing

38:38 – The last thing Tyler changed his mind about and one place Tyler has visited that had a profound impact on him

42:16 – Jonathan thanks Tyler for joining the show and lets listeners know where to connect with him

Tweetable Quotes

“[My mother] taught me to really respect money. Money is not necessarily hard to come by, but when you have it, you want to make sure you spend it wisely. You want to be intentional with it.” (05:24) (Tyler)

“When I bought my home, I realized I liked owning real estate and I wanted to own a rental property. My head was turning like, ‘Is there something that I have that I can leverage here?’ And l realized, ‘Oh, my house has a whole bunch of equity in it and I can leverage a HELOC (Home Equity Line of Credit). And then I used that money to buy a second property so that I can rent out and have two homes that are appreciating.” (09:27) (Tyler)

“I started realizing, especially with my young family, that I wanted to help kids learn how to manage money.” (10:55) (Tyler)

“In the game of money, there’s not necessarily one way to win. There’s lots of different ways to play it and there’s lots of different levels of understanding. The diversity of thought in finance is actually really good and there’s lots of different strategies to win in this game.” (15:27) (Tyler)

“The way that it works is Kudosy helps kids behave really well. So, as a parent, when your kids are doing things that you like that they are doing, you can give them ‘Kudos.’ Then, the kid starts accruing these ‘Kudos’ and they can decide what to do with them.” (24:45) (Tyler)

“You should be investing, but I think we often underestimate the need to invest in ourselves to improve our earning capacity.” (34:10) (Tyler)

“The greatest satisfaction I have had is in giving value to other people.” (39:24) (Tyler)

Guest Resources

Books Mentioned:

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

068: Julie Bergfeld - Finding What Makes Your Heart Sing: A Deep Intrinsic Process

Jonathan DeYoe — Wed, 02 Aug 2023 00:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Julie Bergfeld is a health, wellness and life coach, specializing in performance, stress management, and healthy habits. She’s worked in academia and technology and is currently a yoga teacher who is dedicated to her own mindfulness practice.

Today, Julie joins the show to engage in a rich discussion on purpose, mindfulness and pursuing what makes your heart sing.

📺 Watch on YouTube

https://youtu.be/XRTxwc7NHFY

Key Takeaways

00:57 – Jonathan introduces today’s guest, Julie Bergfeld, who joins the show to talk about early financial lessons she learned, receiving stock as a gift instead of toys, and pursuing work that makes her heart sing

09:51 – How Julie got involved in coaching and yoga

14:36 – Finding her own way, defining success & ultra-Marathoning

18:17 – The correlation between athletic success and financial success

24:24 – How opening a yoga studio changed Julie’s thinking on money and wealth

26:54 – From Shavasana to coaching

30:47 – Discovering mindfulness

33:42 – Julie’s coaching process

36:47 – One thing that we can do to lead to greater personal and financial success and one thing to avoid doing

41:03 – The Puzzle Rules

42:39 – One thing Julie would want others to know about and the one question Julie would want to know the answer to

44:04 – Jonathan thanks Julie for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“I learned - this was more as a teenager - that you really need to do things that yes make money, but that are deeply tied to your values and that make your heart sing.” (09:28) (Julie)

“I really fell in love with technology. I fell in love with the aspect of learning, for one thing, and that plays into coaching and yoga. But I found my way, if you will.” (15:12) (Julie)

“I consider yoga, in a lot of ways, a transitional point in my life. And it provided a lot of healing and affirmation that I was enough.” (20:41) (Julie)

“You take the valuable things you learn from your family: pay off your debt as soon as possible. But, I wanted to move forward with what I loved, instead of being beholden to some other entity where my soul was sucked dry. So, I was able to marry the two, reduce my expenditures, bootstrap everything, and do what made my heart sing at that time.” (24:53) (Julie)

“I consider life coaching and the coaching that I’m doing now as next level yoga coaching or yoga teaching, where it’s coaching the unseen.” (29:00) (Julie)

“How we think affects everything we do in our entire lives.” (36:31) (Julie)

Guest Resources

Julie’s LinkedIn

Julie’s Website

Julie’s YouTube Channel

Julie’s Facebook

Julie’s Instagram

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

067: Dawn Santoriello - Manifesting Your Financial Goals

Jonathan DeYoe — Wed, 26 Jul 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Dawn Santoriello is a CFP, best-selling author, keynote speaker, and the Founder and CEO of DS Financial Strategies, an e-based financial planning firm just outside of Philadelphia. Dawn is focused on empowering women and couples to reach their financial goals with peace of mind. She’s been featured in Forbes, Investment Advisor, and MarketWatch.

Today, Dawn joins the show to discuss the law of attraction and the power of manifestation, having the right mindset when it comes to financial planning and advice for keeping it simple.

📺 Watch on YouTube

https://youtu.be/JbYGvpH7daQ

Key Takeaways

00:58 – Jonathan introduces today’s guest, Dawn Santoriello, who joins the show to talk about her upbringing in foster care, her entrepreneurial origin story, and what led her to the financial industry

09:32 – The Law and Attraction & Manifestation

13:37 – Defining ‘manifestation’

16:06 – Planning, effort and having the right mindset

18:58 – Attracting the right people

23:16 – Five Money Blocks

28:20 – The importance of accountability

30:32 – One thing that we can do to lead to greater personal and financial success and one thing to avoid doing

33:30 – The last thing Dawn changed her mind about and one place Dawn visited that had a profound impact on her

34:31 – Jonathan thanks Dawn for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“My friend who’s trying to get a new job called me the other day and they asked her, ‘What do you want?’ And she replied, ‘Oh no, I’m good. I don’t need anything.’ I told her that she’s not receiving. They’re asking you what you want; you have to tell them. The universe is trying to bring you stuff and you’re saying, ‘No, I’m good’ and then you’re miserable. So, just now ask for what you want and receive it this time. Ask for what you want, believe it’s already yours, let it go, receive and give gratitude for it.” (14:07) (Dawn)

“Action is the big thing [with manifestation]. You can’t just be like, ‘I want a million dollars today. I’m just gonna sit here on my butt and it’s gonna come to me.’ No, it’s not gonna come to you. You have to do something.” (16:23) (Dawn)

“Make a decision. Go out and educate yourself. Take the first step and meet with someone like us. Learn more and take baby steps. Keep track of your finances.” (26:16) (Dawn)

“I keep investing simple. It’s boring, but it works. It’s called ‘evidence-based investing.’” (30:54) (Dawn)

Guest Resources

Dawn’s Website

Dawn’s Twitter

Dawn’s YouTube Channel

Tools Mentioned:

Dawn’s Books:

Manifest and Invest: Live Your Best Life Get Your Money Right

The Spiritual Path to Prosperity... The Truth about Money Revealed

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

066: Sarah Howard - Wealthy In Community While Striving for Economic Equity

Jonathan DeYoe — Wed, 19 Jul 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Sarah Howard is an entrepreneur, storyteller, and social innovator. Her first entrepreneurial venture was Twenty Twenty Studios where she still tells compelling stories and produces interactive experiences for her clients. Sarah is passionate about social and economic equity. She is also the Founder of Zero Gap, where she engages men and women in dialogue about gender equity.

Today, she’s more focused on equity through the lens of climate future. She joins the show to talk about how she’s seeking to transform her own relationship with money.

📺 Watch on YouTube

https://youtu.be/FL6Toku1RQg

Key Takeaways

00:58 – Jonathan introduces today’s guest, Sarah Howard, who joins the show to talk about early lessons she learned about entrepreneurship through farming and how she is wealthy in community

06:39 – Sarah’s money origin story 0

9:39 – Sarah’s ongoing projects that she’s apart of

12:33 – The biggest challenges facing Sarah in her quest for gender and climate equity

15:08 – Where Sarah got her passion for social activism and why she’s currently focused on climate change

19:31 – How tackling social issues for profit works

23:13 – Defining success and meaning

27:07 – External vs. internal success factors

30:03 – One thing that we can do to lead to greater personal and financial success and one thing to avoid doing

33:22 – One thing Sarah would like others to know about her and the one question Sarah would want to know the answer to

37:12 – Jonathan thanks Sarah for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“I think one of the key aspects of the entrepreneurial nature of farming is the inconsistency of income and the need to balance through the ups and downs of managing finances.” (02:45) (Sarah)

“When I think about the ways in which I am wealthy, I am certainly wealthy in community.” (05:56) (Sarah)

“One of the reasons that I find climate to be so compelling is that it is the true ‘systems change’ issue. I think there have been really large, very important issues that don’t have the same levels of cross cutting across everything that crosses our lives the way that climate does, nor does it have the same level of urgency.” (18:01) (Sarah)

“I think a lot about how I define success. I think that’s been a personal journey. I really have been fortunate and have worked really hard at defining that for myself. And it’s allowed me to have a very rich life and career. And it has meant not having the same levels of traditional success financially. That hasn’t bothered me.” (23:30) (Sarah)

“I think reflecting on our stories about money is really profound and can change not just ourselves, but the world that we live in. And, if there was one story within the story of money that I think is a dominant story that I would love to see shifted it’s the ‘Zero Sum Story’ to one of abundance and sustainability. I think that’s entirely possible. That is what I believe is the hope of this moment as we face climate crisis is that there’s the ability to shift that whole mindset.” (31:14) (Sarah)

Guest Resources

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

065: Julie Cane - Investing in Democracy & Making an Impact

Jonathan DeYoe — Wed, 12 Jul 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Julie Cane is the CEO and co-founder of Democracy Investments, a registered investment advisory firm focused on promoting democracy and influencing capital flows in financial markets. The firm’s democracy investments international index re-weights the traditional international equity index towards democracies and away from authoritarian regimes using the Economist’s Democracy Index.

Today, Julie joins the show to discuss index strategies, what inspired her and her team to focus on democracy as a criteria for investment and what the future may hold for index fund investing.

📺 Watch on YouTube

https://youtu.be/xTZVix0Y48Q

Key Takeaways

00:02 – Jonathan introduces today’s guest, Julie Cane, who joins the show to talk about her first experiences with money and her career trajectory in the financial services industry

08:09 – Understanding Index strategies and the concept of ‘weighting’

11:31 – How Julie and her partners decided to focus on democracy

15:30 – The importance of understanding where international investments are going to support

17:40 – The case for why a democracy might outperform an authoritarian state in the long run

20:16 – Factors that go into The Economist’s Democracy Score

22:49 – A whole new category of investing

25:33 – Environmental, Social, Governance (ESG) investing

27:07 – Julie speaks to the challenges of launching her own business and upcoming projects

32:23 – The last thing Julie changed her mind about and one place she has visited that had a profound impact on her

34:54 – Jonathan thanks Julie for joining the show and the impactful work she is doing

Tweetable Quotes

“I was drawn to financial services because I felt like money - the economy - that’s where you have impact. I’ve always been mission-driven and I wanted to choose a path where I felt motivated in the same way. How can I help contribute to making the world a better place and I thought of financial services.” (06:49) (Julie)

“The more actively you manage a strategy, the more you’re gonna have higher fees and higher transaction costs. So that has to be weighed when deviating from the traditional market cap approach.” (10:36) (Julie)

“What we do is we hold every country accountable to their ‘Democracy Score’ as defined by The Economist magazine. It’s simple and transparent and systematic.” (13:14) (Julie)

“Democracies enforce rule of law and property rights. There’s a more efficient and transparent use of capital. They have higher per capita GDP. They have better innovation. So, our hypothesis is that democracies will outperform authoritarians in the long run and that companies will try to do their business in countries that support the transparent use of capital.” (18:22) (Julie)

“We [The United States] are a flawed democracy. We stayed the same in our ranking because we went up in political participation because more people voted. But we went down in the functioning of government.” (20:58) (Julie)

Guest Resources

Ticker Symbol: $DMCY

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

064: Brad Baldridge - Education, College, & Planning for the Future

Jonathan DeYoe — Mon, 03 Jul 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Brad Baldridge is one of the nation’s leading college financing experts. He teaches families the best ways to plan, save and pay for college so they can make their children’s college dreams come true without wiping out their own finances and retirements. For twenty years, Brad has shared his expertise and insights through his private practice and as a blogger and podcast host for his company, Taming the High Cost of College.

Today, Brad joins the show to discuss the difference between education and college, changes to FAFSA, and advice for those in both early and late stage college planning.

📺 Watch on YouTube

https://youtu.be/vMCSzxHX7n4

Key Takeaways

00:55 – Jonathan introduces today’s guest, Brad Baldridge, who joins the show to talk about his career trajectory from a financial advisor to one who focused specifically on college

07:08 – The difference between Education and College

10:26 – Alternative options young people can consider aside from college 13:23 – Privilege and the value of a college degree

19:13 – Early stage and late stage college planning

25:01 – College visits and entrance exams

32:09 – Changes to FAFSA (Free Application for Federal Student Aid)

39:37 – What Brad offers in his courses on college planning

42:08 – One piece of advice for college planning

45:51 – The one question Brad would want to know the answer to and one thing Brad would like others to know about him

49:22 – Jonathan thanks Brad for joining the show and for the work he’s doing

Tweetable Quotes

“Anytime someone says, ‘college for everyone,’ it drives me crazy. There’s a whole bunch of people who need an education. But education and college are not the same thing. You can get an education by being an apprentice, going through the military, or the School of Hard Knocks.” (08:25) (Brad)

“If you talk about the average student, if the professor said, ‘I’m canceling class next week,’ they would say, ‘Great!’ Not, ‘Wait a minute. I paid for those classes. I’m here to learn and now I’m getting less for my money. Am I gonna get a refund?’ It’s just a completely different mentality.” (16:41) (Brad)

“‘Do you qualify for need-based aid? I don’t know. Well, here’s how you figure that out.’ And once you have this answered, if the answer is, ‘no, need-based aid is not something you have to worry about’ then you don’t have to worry about it.” (40:10) (Brad)

“If education is important to you, then you better walk the walk and not just talk the talk.” (42:30) (Brad)

“Ten to twenty years ago, everybody just did the best they could. And today, ninety percent of people are still doing the best they can. Ten percent have realized, ‘Oh, I can hire somebody to help me, or take a course, or study online information, or read a book.’ I think a big chunk of the population doesn’t even know that there’s something out there.” (48:16) (Brad)

Guest Resources

Taming the High Cost of College Website

Taming the High Cost of College Facebook

Link to Brad’s Courses

Brad’s LinkedIn

Contact Brad: (414) 885-5111

Books Mentioned:

Who Gets In and Why: A Year Inside College Admissions

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

063: Nathalie Plamondon-Thomas - The Power of Thinking Yourself Confident

Jonathan DeYoe — Fri, 23 Jun 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Nathalie Plamondon-Thomas is a confidence expert, a ‘Queen of Metaphors and Analogies,’ and the Founder and CEO of Think Yourself Academy, an organization offering leading edge courses, trainings and events. Nathalie combines ten years in human resources, twenty five years in Sales and thirty years in the fitness industry and has inspired over 100,000 people in audiences around the world. She’s a number one International best-selling author of fifteen books on success, wellness, communication and empowerment.

Today, Nathalie joins the show to talk about her latest book, Think Yourself Confident: Fifteen Keys to Increase Confidence, Ignite Performance & Unlock Your Full Potential.

📺 Watch on YouTube

https://youtu.be/oXio4gmoIIU

Key Takeaways

00:48 – Jonathan introduces today’s guest, Nathalie Plamondon-Thomas, who joins the show to talk about how she shifted her mindset about money and the power of the unconscious mind

12:04 – The origin of Nathalie’s Think Yourself program

16:03 – Reprogramming negative self-talk

20:38 – The Emotional Delivery Truck

28:42 – Tips for getting out of an emotional loop or limiting belief

38:15 – One piece of advice for those looking to change their mindset and one thing to completelyn avoid

46:20 – Trusting your power

47:48 – Jonathan thanks Nathalie for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“I realized that the biggest learning of all was not how to invest it. This knowledge exists. We know the knowledge. It starts with how you think about money in your head and all these limiting beliefs. I had to get rid of those limiting beliefs, especially that one: when you make more money, you spend more money so you always live paycheck to paycheck. So, I had to see abundance differently. I had to change my mindset about money.” (03:14) (Nathalie)

“The unconscious mind can handle 2.3 million pieces of information every second. Five to nine, for the logical mind, but 2.3 million for the unconscious mind. That is where the power is and that is what you want to tap into. And I call this your ‘personal assistant.’” (11:41) (Nathalie)

“In your prefrontal cortex all emotions are created equally. Your brain doesn’t know the difference between anxiety or excitement. So if you choose it’s anxiety, you will pollute yourself with 1,400 chemicals - cortisol that is gonna slow you down. Or you can choose that it’s excitement or curiosity. If you go into excitement or curiosity, your brain will send feel-good chemicals through your bloodstream and make you very resourceful to face whatever it is that you’re facing.” (27:38) (Nathalie)

“You’ve heard of affirmations. A lot of people do affirmations. The problem is affirmations don’t work if you don’t believe them. And, very often, there’s way too much of a disconnect between the reality and the affirmation.” (30:11) (Nathalie)

“And that’s what I do. I remove people’s triggers so that you don’t have to respond to an event, or a comment, or a behavior in that specific way.” (44:55) (Nathalie)

Guest Resources

Think Yourself Website

Nathalie’s LinkedIn

Schedule a Call with Nathalie

Nathalie’s Email

Nathalie’s YouTube Channel

Link to 22 Questions to Face Stress

Nathalie’s Facebook

Nathalie’s Books:

THINK Yourself CONFIDENT

THINK Yourself POSITIVE

THINK Yourself THIN

THINK Yourself GRATEFUL

Think Yourself CLEAN From the Inside Out

Think Yourself Successful

Think Yourself a RELATIONSHIPS PRO

Think Yourself HEALTHY

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

062: Sherry Smith - Helping Under-Resourced Students Create Their Own Journey to Success

Jonathan DeYoe — Fri, 16 Jun 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Sherry Smith is the Executive Director of Berkeley Community Scholars, where she creates pathways for deserving, but under-resourced, students. With thirty-five years spent in education, Sherry focuses on college selection, college admission, financial aid, and matriculation, especially in underserved, under-resourced, and first-generation college students.

Today, she joins the show to talk about the inspirational work she is doing at Berkeley Community Scholars, the value of a college degree, and the inequality of college access and how she and her team are trying to combat it.

📺 Watch on YouTube

https://youtu.be/npjloxQjFi8

Key Takeaways

00:49 – Jonathan introduces today’s guest, Sherry Smith, who joins the show to talk about her first recollections of money and her career in education before joining Berkeley Community Scholars

13:46 – Helping under-resourced kids achieve a college degree

20:16 – Statistics on inequality of college access

28:52 – Advisors and mentors

33:45 – The necessity of resourcefulness

46:55 – One piece of advice for high school students preparing to enter college and one thing to completely ignore

51:46 – How to support Berkeley Community Scholars

53:58 – The last thing Sherry changed her mind about

54:25 – Jonathan thanks Sherry for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“From that, I decided that, if I wanted to do education - which I really wanted to do - then I needed to become even more educated in ways that I could actually be more impactful for more people than just the students that I was seeing.” (08:33) (Sherry)

“We want everyone to be able to go and get a college degree. And we are unapologetic that we think a college degree allows a student to have a fighting chance to have success in their life. And they get to decide what that success is.” (14:19) (Sherry)

“When you said, ‘What are you trying to solve?’ There are so many ‘isms’ in our country. Racial equity is a huge one. Economic insecurity is another one. Gender is another. We’re trying to make sure that our students feel full no matter who they are, where they come from, or what their circumstances are.” (16:06) (Sherry)

“Yes, you have to be resourceful, otherwise you die. Yes, you have to be creative because otherwise you die. You figure it out and you have to figure out, at some point, how you emotionally deal with that.” (34:13) (Sherry)

“It’s having those kind of conversations with our scholars, which is really both fun and enlightening, but also allows all of us to step back and say, ‘We’re really that piece of sand, but how do we make the difference while we’re here for ourselves, and then build the community that is really rich, not so much in things, but in each other?’” (38:07) (Sherry)

“Try something new. Go out there and meet other people on your floor. Join that club. Go do something that you have no idea what that is just to get your mind and your juices flowing and you’ll realize, ‘Oh wow! I didn’t know that even existed.’” (47:33) (Sherry)

“Take the time to find what you really love because if you love something, it doesn’t become so much about work. It becomes, ‘How do I fit into community? How do I make my community and life better?’ So, find that because you’ll willing to work hard at that.” (48:17) (Sherry)

Guest Resources

Sherry’s LinkedIn: https://www.linkedin.com/in/sherry-ann-smith-50188111/

Sherry’s Email: sherry@berkeleyscholars.org

Berkeley Community Scholars Resources:

Wesite: https://berkeleyscholars.org/

Facebook: https://www.facebook.com/berkscholars/

Instagram: https://www.instagram.com/berkscholars/?hl=en

Linkedin: https://www.linkedin.com/company/berkeley-community-scholars

Books Mentioned:

The Start of a Whole New You: https://www.amazon.com/Start-Whole-New-You-Wholeness/dp/1709356235

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

061: Carol Graham - The Power of Hope

Jonathan DeYoe — Fri, 09 Jun 2023 00:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Carol Graham is interim Vice President and Director of the Economic Studies program at Brookings, College Park Professor at the University of Maryland, and a Senior Scientist at Gallup. Her books include: The Power of Hope: How Wellbeing Science Can Save us from Despair , The Pursuit of Happiness: An Economy of Well-Being , and Happiness Around the World: The Paradox of Happy Peasants and Miserable Millionaires , among others.

Today, she joins the show to expound on her passion for helping to improve the lives of others, the power of mentorship and the connection between hope and life satisfaction.

📺 Watch on YouTube

https://youtu.be/YAERSEnN6CA

Key Takeaways

00:54 – Jonathan introduces today’s guest, Carol Graham, who joins the show to discuss her background as an immigrant from Peru, why America is no longer the land of opportunity, and her passion for helping to improve lives and end poverty

15:41 – Measuring hope and life satisfaction

22:20 – Why hope matters

31:36 – The power of mentorship

36:27 – How do we manage for hope

42:47 – The impact of technology and social media on despair

51:04 – One thing Carol would change about the system

54:20 – One thing Carol would like others to know about her and the one question she would want to know the answer to

56:24 – Jonathan thanks Carol for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“More recently, I would say what has been eroding our democracy in part is that erosion of our shared cohesiveness as a society and the shared belief that people used to have that they could get ahead, that this was the land of opportunity. And it’s really not.” (06:14) (Carol)

“Less happy people care more about money. Happy people care more about learning and creativity.” (14:26) (Carol)

“Hope is really linked to better future outcomes for people. People who have hope for the future end up doing better in life. It’s not rocket science. If you believe you have a future, you’re more likely to invest in it.” (22:35) (Carol)

“Despair actually takes people’s agency away. And it isn’t just their income or their employment. It’s their ability to conceive of a different future and to do something about it.” (34:42) (Carol)

“People with low levels of well-being have worse outcomes in life. And part of it is because low levels of well-being affect your behavior.” (38:53) (Carol)

“To get people out of their isolated, desperate shells and back into the community is a first step. It’s the first step towards restoring meaning and purpose in life which, again, starts to restore hope.” (49:24) (Carol)

Guest Resources

Carol’s LinkedIn: https://www.linkedin.com/in/carol-graham-45a2a82a/

Carol’s Profile on Brookings: https://www.brookings.edu/experts/carol-graham/

Carol’s Email: cgraham@brookings.edu

Carol’s Books:

Improving the Odds: Political Strategies for Institutional Reform in Latin America: https://play.google.com/store/books/details/Carol_Graham_Improving_the_Odds?id=r9B5DwAAQBAJ&hl=en&gl=US

Safety Nets, Politics, and the Poor: Transitions to Market Economies: https://www.amazon.com/Safety-Nets-Politics-Poor-Transitions/dp/0815732287

Private Markets for Public Goods: Raising the Stakes in Economic Reform: https://www.amazon.com/Private-Markets-Public-Goods-Economic/dp/0815732295

Happiness and Hardship: Opportunity and Insecurity in New Market Economies: https://www.amazon.com/Happiness-Hardship-Opportunity-Insecurity-Economies/dp/0815702418

Happiness Around the World: The Paradox of Happy Peasants and Miserable Millionaires: https://www.amazon.com/Happiness-Around-World-Miserable-Millionaires/dp/0199606285

The Pursuit of Happiness: An Economy of Well-Being: https://www.amazon.com/Pursuit-Happiness-Economy-Well-Being-Brookings/dp/0815724047#:~:text=Book%20details&text=In%20The%20Pursuit%20of%20Happiness,happiness%22%22%20into%20public%20policymaking

Happiness for All?: Unequal Hopes and Lives in Pursuit of the American Dream: https://www.amazon.com/Happiness-All-Unequal-Pursuit-American/dp/0691204551

Other Books Mentioned:

Our Kids: https://www.amazon.com/Our-Kids-American-Dream-Crisis/dp/1476769907

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

060: Adam Coelho - Mindfulness, Envisioning, & Financial Independence

Jonathan DeYoe — Fri, 02 Jun 2023 00:15:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Adam Coelho is the host and executive producer of the Mindful FIRE Podcast, a show about crafting a life you love and making work optional using the tools of mindfulness, envisioning, and financial independence. He is also a father, husband, entrepreneur, speaker and facilitator. For the last twelve years, Adam has worked in Sales at Google, where he has an additional role teaching mindfulness to Googlers all over the world.

Today, Adam joins the show to discuss the role mindfulness plays in our financial lives, what it means to engineer serendipity, and why he’s rethinking the ‘RE’ portion of the FIRE Movement.

📺 Watch on YouTube

https://youtu.be/fkLpmscEquo

Key Takeaways

00:58 – Jonathan introduces today’s guest, Adam Coelho, who joins the show to discuss early lessons he learned about entrepreneurship, both the highs and lows, from his parents

05:28 – Adam expounds on his money origin story

07:58 – How Adam’s parents’ relationship with money impacted his own relationships

09:35 – Adam’s career journey and the power of envisioning

16:49 – Adam’s introduction to mindfulness and meditation

25:19 – What does mindfulness have to do with money?

28:22 – Engineering Serendipity

34:25 – How Adam was introduced to the FIRE Movement, and why he calls it Financial Independence, Reprioritize Early

40:37 – Adam dissects what he teaches in one of his typical programs

47:01 – One thing we can do to today to have better outcomes in our lives and one thing to completely avoid

50:17 – One thing Adam has recently changed his mind about and his thoughts on what matters most in life

53:46 – Jonathan thanks Adam for joining the show and lets listeners know where to connect with him

Tweetable Quotes

“For me, it’s really important that my wife is fully on board, understanding, educated, and able to manage [finances] independent of me. One, for our general wellbeing. But, if I get hit by a bus, she needs to know what we have, how it works, what to do so that she’s not preyed upon by someone who doesn’t have her best interests at heart.” (08:56) (Adam)

“The thing that I find funny is I almost envisioned myself out of a job. And then it was also envisioning that helped me through that difficult time and resulted in this whole new chapter of my life where I became a mindfulness facilitator, and started facilitating programs at Google, and designing my own programs. And then the podcast came about as a way to really figure out that I’m exploring and on the path to financial independence.” (10:44) (Adam)

“The best thing that I was taught is when the student is ready, the teacher will appear. That’s kinda how I try to show up now. I’m not gonna preach [mindfulness] to you. If you want to learn it, I’m happy to teach you. But I’m not gonna go preaching it because it just wasn’t effective.” (24:00) (Adam)

“Mindfulness allows us to look and pay attention to what’s going on with our money with a kind, curious awareness.” (25:56) (Adam)

“If you set aside all the limitations that you have, all the constraints and ideas of what’s possible and you think, ‘Five years from now, I’m sitting at my kitchen table, and I’m writing out how amazing my life has gone, if everything goes better than expected, what does my life look like?’ And I suggest that because it doesn’t cost anything. It just takes a willingness to be curious and to ask yourself, ‘What do I really want?’.” (29:41) (Adam)

“I love the concept of ‘F you money.’ If you’re in a situation where you don’t want to be and you have money, you have options.” (38:02) (Adam)

“The more I just relax into the experience of life - into enjoying what I have already - the happier I am and the more quickly I move towards things that I want.” (49:03) (Adam)

Guest Resources

Adam’s LinkedIn

Mindful FIRE Podcast Website

Mindful FIRE Instagram

Mindful FIRE YouTube

Mindful FIRE Facebook

Link to Adam’s Free Envisioning Guide

Link to Tony Wilkins’ Ted Talk

Link to Choose FI

Link to The Simple Path to Wealth

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

059: Jordan Olmscheid - More Than a Window Washer: Helping People See More Clearly

Jonathan DeYoe — Fri, 26 May 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Jordan Olmscheid is a ‘girl dad,’ husband, Christian, and a small business owner/solopreneur. By day, he runs a one-person (him) cleaning business, where he washes windows and cleans gutters. Jordan also has a very interesting side project, The Wealth Letters, where he collects insights from people of all walks of life on the pursuit of wealth, wisdom & meaning.

Today, Jordan joins the show to discuss faith, money’s impact on happiness, and what his ultimate goal is for The Wealth Letters.

📺 Watch on YouTube

https://youtu.be/ekB7moiL2nM

Key Takeaways

00:54 – Jonathan introduces today’s guest, Jordan Olmscheid, who joins the show to discuss his exposure to entrepreneurship at a young age and his incredibly voracious work ethic

08:17 – Jordan expounds on how he built a successful cleaning business from scratch

13:17 – The decision to scale back instead of grow the business

20:58 – Why Jordan describes himself as ‘just a window washer,’ despite his many previous successes

28:17 – What inspired Jordan to start The Wealth Letters

33:52 – Money and happiness and Jordan’s favorite letter

40:11 – Jordan’s ultimate goal for The Wealth Letters and how to connect with Jordan

43:42 – One thing we can do to have better satisfaction in our lives and one thing to completely avoid

46:09 – One thing Jordan has changed his mind about recently and the one question he would want to know the answer to

50:23 – Jonathan thanks Jordan for joining the show today and for sharing his story

Tweetable Quotes

“For the most part on the residential side, most people - if they choose to get their windows done - get them done twice a year. So kind of a Spring and a Fall type schedule. Some people do the insides themselves, but we do them both if needed.” (12:48) (Jordan)

“That allowed the ability for me to be able to downsize to myself. I do still have a couple of part- timers that help me out as needed, but I do mostly commercial work now. And most of it is contract work. I have a handful of my own accounts that I still have that I service under my business as my customers, but most of what we do now is contract work, which works for my lifestyle.” (17:36) (Jordan)

“The expectation on myself was that I was going high-profile job, maybe I was going to be in medical or something like a lawyer, or something like that. And to look at what I’m doing now, I don’t think my younger high school self would have thought that this would be a successful route.” (22:16) (Jordan)

“It is ok to have an occupation or to have a day job that supports your family, your kids, and your lifestyle. And it’s ok to have passions outside of your work. Work doesn’t need to be the definition of who you are.” (26:01) (Jordan)

“That has been a very interesting thing that I’ve noticed that has bled across the letters so far is that everybody’s want for money really isn’t different. We all want it. We all want more of it. But man, the levels of what’s needed is very different or people’s goals of what they want to do with money is very different.” (36:14) (Jordan)

Guest Resources

Jordan’s LinkedIn

The Wealth Letters Website

The Wealth Letters Twitter

Jordan’s Email

Link to Twitter Account Letters Live

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

058: Nikki Gajoo-Frielinghaus - Financial Freedom, Self-Growth & Following Your Passion

Jonathan DeYoe — Fri, 19 May 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Nikki Gajoo-Frielinghaus is a Certified Financial Planner (CFP), certified life coach, certified money coach, certified business archetype coach, and an NLP practitioner. Nikki is also the founder of Opulentus Wealth Management, an advisory practice based in South Africa, and Imali Coaching, where she assists individuals, business owners, and couples to transform their relationship with money.

Today, Nikki joins the show to discuss self-growth and personal development, the decision to shift from CFP to coaching, and what inspired her to make this leap.

📺 Watch on YouTube

https://youtu.be/2Rx13AqrErA

Key Takeaways

00:52 – Jonathan reads another five-star review from a recent guest of the podcast

02:04 – Jonathan introduces today’s guest, Nikki Gajoo-Frielinghaus, who joins the show to open up about the loss of her father and financial lessons that came out of that experience

13:08 – The shifting dynamic of finances in the lives of couples

21:34 – Differences between CFPs and CMCs in South Africa and America

30:35 – Nikki’s career progression

35:33 – What inspired Nikki to launch Opulentus Wealth Management

45:34 – How Nikki differentiates coaching clients from financial planning clients

52:02 – One piece of financial advice to heed and one thing to completely ignore

57:23 – One thing Nikki would like her clients to know about her and the one question she would want to know the answer to

1:00:36 – Jonathan thanks Nikki for joining the show today and lets listeners know where to connect with her

Tweetable Quotes

“I’d say, for me, a turning point in terms of finances was at that point in time - after the age of fourteen - because then I sort of got a reality check. My mom did whatever she could to provide for us, but instead of getting five Christmas presents, we were only getting two. So, that shift in terms of our financial situation became very apparent when my dad had passed on.” (06:31) (Nikki)

“At that young age in my teens, I was very clear no matter where life took me, what was going to become very important for me in my lifetime would be financial independence. And not only financial independence, but just independence in general.” (11:21) (Nikki)

“I think it would definitely be linked to legislation, definitely from a tax perspective. So I think that’s the big thing because we’re both CFPs. I’m part of the Financial Planning Institute of Southern Africa. That’s my geographic location, and I guess yours would be the USA. So, I’d say the biggest thing would be legislation linked to tax laws.” (21:54) (Nikki)

“I’d say, for me, it was more looking internally, introspecting, and realizing that there was so much more that I needed in order to advise clients, specifically clients who had larger sums of money. And that is what led me to the CFP qualification.” (34:21) (Nikki)

“I’m unsure of what your experiences were in the States during Covid, but here in South Africa, because I work with a lot of either business clients or investment clients, the initial knee-jerk reaction was, ‘Cash out! Cash out! Cash out!’ Now, you and I both know that is the wrong thing to do. You stick it out. The market will rectify itself. You stick to your goals. You keep calm. You keep going. But, it didn’t matter what I said to clients. They were not interested in hearing the technical side of it. They were so driven by emotion, and I just couldn’t communicate with clients.” (39:54) (Nikki)

Guest Resources

Imali Coaching Website

Imali Coaching Facebook

Imali Coaching Twitter

Imali Coaching Instagram

Opulentus Wealth Management Website

Opulentus Wealth Management Email

Opulentus Wealth Management Facebook

Michael Kitces’ Blog

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

057: Mike Piper - Turning Enough into More than Enough

Jonathan DeYoe — Fri, 12 May 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Mike Piper is a CPA from St. Louis, MO, and is the author of many finance and tax-related books. He’s quoted regularly as a Tax and Social Security expert in publications such as The Wall Street Journal , AARP , Forbes , and Morningstar , among others. He’s also the creator of the blog, ObliviousInvestor.com, where he shows his readers that investing doesn’t have to be complicated.

Today, Mike joins the show to talk about his financial journey, how fear, anxiety and mental health impact our financial decisions, and the concept of having ‘more than enough.

📺 Watch on YouTube

https://youtu.be/8HwgtmMn4uo

Key Takeaways

00:56 – Jonathan introduces today’s guest, Mike Piper, who joins the show to share early financial lessons his mother imparted on him, and how he started writing about finance and taxes

12:11 – Mike speaks to his experience publishing over thirteen books and refreshing new editions

14:18 – How writing has impacted Mike’s thinking

15:57 – The genesis of Mike’s blog, Oblivious Investor

17:23 – Taking on clients for Tax and Social Security advice

18:37 – The inspiration behind Mike’s latest book, More Than Enough

21:05 – Fear, anxiety, and mental health

26:49 – Feedback Mike has gotten from his book

30:07 – Conservative assumptions in the financial planning process

32:53 – What Mike would change about the tax code if given the ability

36:24 – The audience Mike wished to reach when he wrote More Than Enough

38:33 – Blocking out the noise in finance

42:27 – One piece of financial advice to heed and one thing to completely ignore

45:45 – The last thing Mike changed his mind about and what he would do if he only had 24 hours to live

48:31 – Jonathan thanks Mike for joining the show today and lets listeners know where to connect with him

Tweetable Quotes

“It was basically an accidental business. Within a handful of months, I was getting emails from people who read the book saying, ‘This was really useful. I wish you would write a book about this other topic.’ So I did and then people bought that book. And in a little less than a year, it was pretty clear that I could just quit my job as an accountant and do that instead.” (11:07) (Mike)

“These days I would not suggest somebody go into publishing as a career because the Amazon ecosystem has changed in ways that are not favorable to writers and publishers, frankly. Of course, even back when I started, I just got lucky in terms of it becoming enough to make a living from. So even when it was a more favorable set of circumstances, it still took a lot of good luck for it to turn into a business that paid well.” (13:02) (Mike)

“I kept working with people who had a lot of anxiety about their financial circumstances. Writer Bill Bernstein says, ‘If you’ve won the game, stop playing.’ And the reality was that these were people who had clearly ‘won the game.’ Their level of spending relative to their Social Security income and the size of their portfolio is such that they’re absolutely not going to run out of money. And yet, in some cases they were still really focused on anxiety feelings regarding their money.” (19:21) (Mike)

“I haven’t gotten any negative jabs yet. I kinda expected some for exactly that reason. You’re helping the people who least need help. And, frankly, that’s a fair characterization. But, even if they’re people who least need help, they still need help with some topics, right?” (27:13) (Mike)

“That’s another message that I wanted to try to get across here. Even if you don’t feel like you have more than enough right now, it’s just the natural way that things go. Enough turns into more than enough. That’s usually how it works out.” (32:05) (Mike)

“That’s my general method of operation when writing books. Taxes are complicated. Any normal human being is not gonna fully grasp and retain the information the first time through. So, here’s how it works in detail. And then, let’s just summarize the key points as succinctly as I can. That’s my general way of doing things.” (38:04) (Mike)

Guest Resources

Podcasts Mentioned:

Huberman Lab

Books Mentioned:

The Economics of Inequality

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

056: Marcus Garrett - Understanding D.E.B.T. & How to Dig Yourself Out Of It

Jonathan DeYoe — Fri, 05 May 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Author, speaker and entrepreneur, Marcus Garrett has been through an incredibly impactful financial journey. From surviving the streets of an inner-suburb city in Texas, to obtaining a BA in Business Administration and becoming a certified internal auditor, Marcus has worked through a ton of roadblocks to become an award-winning freelance writer on topics ranging from love and relationships, to debt and personal finance. On the path, he dug himself an enormous debt hole but was able to successfully navigate out of this hole. He detailed it all in his best- selling book, D.E.B.T. Free or Die Trying.

Today, Marcus joins the show to talk about strategies for overcoming debt and how he helps overworked (and underpaid) professionals find easier ways to make more money and avoid the mistakes he made.

📺 Watch on YouTube

https://youtu.be/Ew3h13K8yS4

Key Takeaways

00:50 – Jonathan introduces today’s guest, Marcus Garrett, who joins the show to share early financial lessons imparted on him by his parents, how he dug himself into deep debt and how he climbed out of it

15:40 – Hitting rock bottom and the genesis of ‘Debt Free or Die Trying’

19:31 – Why Marcus beat himself up about his handling of finances and how he managed to dig himself out of an incredible amount of debt

24:37 – The Four Steps of D.E.B.T. and other ways to get out of debt

36:22 – Marcus’ latest project

38:43 – One piece of advice on debt to heed and one thing to completely ignore

42:57 – One thing Marcus wishes others knew about him and the one question he would like to know the answer to

47:25 – Jonathan thanks Marcus for joining the show today and lets listeners know where to connect with him

Tweetable Quotes

“It’s amazing how much in denial you can be when you’re able to make minimum payments. But I didn’t realize the tsunami or the wave was already coming out. That first credit card was the earthquake.” (17:27) (Marcus)

“So, if you’re one of those people who gets paralysis by analysis, and you need a decision, Bankrate.com is still around, and they have an infinite amount of calculators, so still use them. But the point is to come up with a system. How are you going to get out of debt? What does that look like? How much do you actually have to pay each month to truly get out of debt and when do you want to get out of debt? Then build a budget around that, which is ‘B.’ And then, ‘T,’ ‘Trust the Process.’” (26:51) (Marcus)

“Really it’s what works for you and your personality that you’ll be able to successfully stick to. Because I tell people, unless it’s medical or school loans, getting into debt can be fun. My debt story was fun. I spent a whole bunch of money and I had a whole lot of fun. It’s the getting out of it that’s painful.” (30:48) (Marcus)

“I found what I enjoy. I enjoy podcasting. I enjoy blogging. I enjoy writing. I enjoy communicating and connecting with the community.” (33:32) (Marcus)

“You can’t spend your way out of irresponsibility.” (39:24) (Marcus)

“I actually want the freedom that I envision that being - the time that I would get back. And I believe that is invaluable. And currently, that pathway has been shown to me through having the money available to live that lifestyle.” (45:04) (Marcus)

Guest Resources

Books Mentioned:

The Simple Path to Wealth

Find Your Why

Start With Why

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

055: Hanna Bier - Making Decisions Based on Soul: Creating Abundance by Living in Joy

Jonathan DeYoe — Fri, 28 Apr 2023 00:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Hanna Bier is an energy healer, a family constellation expert, and a certified life coach. She works with ambitious women all over the world to recreate their relationship with money in a life-affirming, positive, and loving way. Hanna spent seven years on the question, ‘Is it possible to create wealth without compromising health, wellness, or happiness?’ And the answer, she has found, is ‘Yes.’

Today, Hanna joins the show to talk about the generational shift of money mindsets, the importance of energy, intuition and quietness of mind, and how she helps her clients transform their relationship with money from the inside out.

📺 Watch on YouTube

https://youtu.be/kiAux6b97FY

Key Takeaways

00:47 – Jonathan introduces today’s guest, Hanna Bier, who joins the show to share her experience growing up in Germany, overcoming depression and financial lessons she learned early on

07:41 – Generational differences in money mindset

11:15 – Hanna explains her roles as energy healer, family constellation expert, and life coach

16:13 – The importance of slowing down and asking deep questions

25:21 – Hanna reflects on her mother’s experience and what she learned from it

28:53 – Family constellation therapy explained

34:33 – Money bliss and ‘money magic’

40:36 – Why it’s ok to let money matter

48:05 – Lies about money

52:39 – One piece of financial advice to heed and one thing to completely ignore

57:04 – The last thing Hanna changed her mind about and one thing she wishes others knew about her

1:00:22 – Jonathan thanks Hanna for joining the show today and lets listeners know where to connect with her

Tweetable Quotes

“One of the things that I now explore with my clients is the idea of making choices based on money versus making choices based on soul. Without being able to put words, that was what I was seeking when I was younger.” (06:11) (Hanna)

“I don’t think we’d be able to dream these gigantic, outrageous dreams if it weren’t for the comfort and the stability that the previous generations have built. That’s kind of how I see it. We’re building upon the amazingness that we already have, because if not we would be in the same boat.” (10:19) (Hanna)

“It always starts with ourselves. As we begin to clear our own debris, we can then also teach the people in our lives. And we can notice, ‘Oh, the dirt is accumulating with my kids, with my spouse, with my parents, with whoever is open to hearing about it’ And so we pass on the tools. That is the world we dream of.” (20:28) (Hanna)

“In my experience, life coaching brings you an ability to work with life and to effectively move through the seasons and cycles of life and to extract the good stuff so you can grow, and be stronger, and better, and healthier as a result of it.” (24:49) (Hanna)

“So, in family constellation therapy, we work in the energy field of your family system. And so all of the souls of your family are present. This is great news for those of us who have parents who are deceased, incarcerated, institutionalized, who may be crazy or violent and we can’t be in the room with them.” (29:52) (Hanna)

“Money is a life force energy on this planet. It’s also a means of expressing appreciation to one another. This is why I’m so passionate about having conversations around money and weaving those truths into those conversations.” (43:14) (Hanna)

“Money is something that is man made. It is a structure that we’ve created. The origins of money can be traced back and yet it is an expression of appreciation, it is a means of exchange of value. And I do believe that money is a natural resource - something that we use to nourish and support ourselves and each other.” (48:15) (Hanna)

Guest Resources

Hanna’s Website

Hanna’s Email

Hanna’s Instagram

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

054: Emily Laura Derr - Art, Creatives & Overcoming Resistance

Jonathan DeYoe — Fri, 21 Apr 2023 00:15:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Emily Laura Derr is the Founder of Grassroots Impact Creative Coach, where she helps creative people break through resistance and coaches creative businesses to craft messaging and build community.

Today, Emily joins the show to discuss the concept of resistance, where it comes from, and best practices on how to overcome it both as an artist and a businessperson. Emily touches on the proclivity artists tend to have to devalue their work and what they can do to address that. She talks about the power of process over outcome and provides advice on how artists can identify their ideal customers.

📺 Watch on YouTube

https://youtu.be/UqCeANGz7aU

Key Takeaways

00:56 – Jonathan introduces today’s guest, Emily Derr, who joins the show to discuss how early lessons about money impacted her relationships, and how she got on a path to working with Creatives

10:03 – Emily speaks to the types of Creatives she works with

12:41 – Defining ‘Resistance’ and navigating an artist’s fears

17:59 – Tips and best practices for breaking through the resistance

22:02 – Process over outcome

24:49 – Knowing your worth and pricing your rates accordingly

27:53 – The difference between ‘fine art’ and ‘art’ and finding your ideal customer as an artist

33:59 – One piece of financial advice to heed as an artist and one thing to completely ignore

36:30 – One thing Emily wishes others knew about her and one place Emily visited that had a profound impact on her

38:28 – Jonathan thanks Emily for joining the show today and lets listeners know where to connect with her

Tweetable Quotes

“Sometimes you wonder - or I wonder - what would it have been if I had pursued that? Would I have been better off financially by letting in the help and the opportunities? You never know that and you can’t look back on that.” (05:47) (Emily)

“Well, you have to find out what they really want for their business and personally in working with them, and also helping them keep focus. That’s why I became certified in ‘The Infinite Breath Method,’ started by Greg Mannion, a former street performer and a recovering alcoholic who created this. I added it to my artistic programs because it’s not just about the business and the outreach, but also real-world techniques that you can use to ground yourself in tough situations and how to deal with the resistance.” (16:31) (Emily)

“Taking care of yourself and having a ritual may sound silly, but consuming content that’s good and positive - whether that be meditation, or reading, or doing an exercise class - just having those moments on a daily basis can get your day going on the right track.” (19:59) (Emily)

“Even if it’s not a finished product, just get something down. In some situations, ‘good enough and done’ is better than waiting for that perfection. The procrastination will eat away at you and you could miss that window. Of course, it’s a learning experience. If you don’t submit something, you’re not gonna learn what you can do better because you never took the jump.” (22:50) (Emily)

“Go outside the ‘art world.’ Don’t limit yourself to the art world. The worst thing people can say is, ‘No.’ If you’re polite and direct in what you want in partnerships, the worst thing they can say is, ‘No.’ And, a lot of times that ‘No’ is maybe a ‘No, not now.’” (34:10) (Emily)

Guest Resources

Grassroots Impact Creative Coaching Facebook

Link to Beth Weinstein’s Mastermind

Link to The Abundant Artist

Books Mentioned:

Art Money Success

Real Artists Don’t Starve

The War of Art

Positive Intelligence

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

053: Aja Evans - Overcoming Trauma at the Intersection of Mental Health & Money

Jonathan DeYoe — Fri, 14 Apr 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Aja Evans is a board-certified therapist, speaker, and writer who is focused on financial well being. After ten years in a mental health practice, she noticed the emotional impact of how people interact with their money, especially black people. She saw reflections of her own journey to financial literacy and her own reckoning with her relationship with money and sought additional training.

Today, Aja joins the show to share how she has made assisting people at the intersection of mental health and money a pillar of her work.

📺 Watch on YouTube

https://youtu.be/KKtqSn-42jI

Key Takeaways

00:58 – Jonathan introduces today’s guest, Aja Evans, who joins the show to discuss her earliest memories of money and entrepreneurship and her path to becoming a financial therapist

09:42 – Accumulating debt versus not saving money

13:56 – Unfortunate financial statistics surrounding the black community

25:34 – Aja speaks to how she works with financial advisors

29:07 – Financial anxiety

32:24 – Money, guilt, shame, and secrecy

35:52 – Generational wealth

39:25 – How Aja works with her clients on their financial stress

43:42 – One piece of financial advice to heed and one thing to completely ignore

47:13 – Aja talks about her upcoming book

47:53 – The last thing Aja changed her mind about and the one question that Aja would want to know the answer to

50:32 – Jonathan thanks Aja for joining the show today and lets listeners know where to connect with her

Tweetable Quotes

“I was going into debt and feeling really awful about myself and awful about my money because I just did not understand how I could be making what I felt like was so much money, and not be able to afford my lifestyle. And that was the first time that I really had to have a financial reckoning with lifestyle versus how much income you have and what does that look like and where does it come from.” (08:04) (Aja)

“I didn’t really have any direction, I think is the best way to put it, in terms of what I was trying to do. It was a lot of looking at how people were paying off debt, whether that was debt snowball or avalanche, it was just the stories of people. So, it wasn’t necessarily, ‘Hey, here are each of the steps.’ It was the stories that people were paying off debt and how interesting that was. And I just realized that people weren’t talking about it and felt really bad about it.” (13:04) (Aja)

“When it comes to the black community, historically there haven't been as many opportunities to create wealth. And, because of that, that means that there isn’t as much wealth to be passed on. That is not to say that there are not black people who are extremely wealthy; there are. But, as an overall collective as a population, we have less wealth than our white counterparts.” (15:37) (Aja)

“What I have found is that people want to be making more money. They want to grow their wealth. It is either a matter of they don’t know how to, or they aren’t getting the opportunity to get some of the jobs that might allow them to get to that point.” (21:09) (Aja)

“We are not navigating money as if it’s something that we all have to navigate. That taboo, that secrecy, the potential jealousy of deciding who somebody else is because they do or do not have money. Deciding what value they have because they do or don’t have money. I think people have assigned a lot of meaning to money when money doesn’t care. Money has no feelings about us.” (31:11) (Aja)

“Figure out what you need to feel [financially] stable. I say that because a lot of times what people don’t realize is that what they’re looking for is a sense of stability and they don’t know how to get it.” (44:01) (Aja)

Guest Resources

Link to ET the Hip Hop Preacher ‘You Matter’ Video

Books Mentioned:

Strangers in Paradise

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

052: Fiona Valentine - Faith, Finance, And Bringing More Joy to the Art Studio

Jonathan DeYoe — Fri, 07 Apr 2023 00:15:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Fiona Valentine is a business coach and the creator of Business School for Artists, a program for aspiring artists who want to paint for fun and for profit, even if they’ve never sold any of their work before. Fiona has over 30 years of teaching, painting and business under her belt that includes her own transition from an admin manager and painting hobbyist into a profitable business owner and passionate artist. Now, she helps others do the same.

Today, she joins the show to talk about early impactful financial lessons she learned, the important role that faith plays in her life, and the difference between artistry and creativity.

📺 Watch on YouTube

https://youtu.be/wfnbqUlhmtU

Key Takeaways

00:49 – Jonathan introduces today’s guest, Fiona Valentine, who joins the show to discuss her earliest memories of entrepreneurship, breaking the cycle of financial trauma, and raising children to be responsible with money

08:09 – Faith and money

11:52 – Fiona’s career arc and what led her to help artists

17:55 – Fiona’s program: Business School for Artists

22:30 – How an artist finds their niche

26:08 – Artistry and creativity

30:11 – Bringing creativity to the forefront

32:43 – The impact of AI (Artificial Intelligence) on human creativity

35:36 – One piece of advice to heed as an artist and one thing to completely ignore

39:01 – One thing Fiona would like others to know about her and Fiona’s idea of a perfect day

40:59 – Jonathan thanks Fiona for joining the show today and lets listeners know where to connect with her

Tweetable Quotes

“So those [financial trauma] lessons in a man who decides, ‘That’s it. I am not doing that to my wife and children,’ and they’re prepared to work hard, and do whatever it takes to provide. That’s a powerful thing to be the generation that grows up blessed with a loving, balanced, responsible parent and spouse.” (03:58) (Fiona)

“In Australia, you’ve got to be fifteen to go to work and draw a salary. So, once we had part time jobs that were drawing a salary, that was the guideline. As long as we lived in the house, we contributed to the house. And so that taught us to be really careful about making sure that there was something to give, something to save, something to spend, and something to contribute to the household.” (06:56) (Fiona)

“It takes a significant amount of connection, and messaging, and pricing, and getting all of those things to come together so that the right people - your ideal collectors who are people who love what you do, they can’t wait to buy it, and they can afford it - making sure that they know who you are, they know when and where your work is available and there’s been enough connection to build that trust so that they’re ready to hit ‘Buy.’” (17:03) (Fiona)

“So if you spent all your time working on the skills of drawing, painting, observing, contemplating your view of the world and how you bring that to life, unless you actually have a job on the side or you’ve done a double degree, or something like that. If you haven’t been exposed to the business world, through family or training, you probably do not have those skills.” (20:45) (Fiona)

“I do believe that everybody is creative. And, I think the thing with creativity is to follow your interest. If you have no interest in becoming an artist, then don’t worry about it. If you’re really excited about becoming an artist, don’t worry about whether you have enough talent. You have more than enough talent and creativity. What you need are skills. You’re creative because you are human.” (26:34) (Fiona)

“Art is a wonderful way to prove to yourself that it’s not just about talent, it’s about skill. And your creativity is able to be developed.” (31:22) (Fiona)

Guest Resources

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

051: Charles Hudson - Funding the Forgotten Founder

Jonathan DeYoe — Fri, 31 Mar 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Charles Hudson is the Founder and Managing Partner of Precursor Ventures, and early-stage venture capital firm focused on investing in the first institutional round of investments for the most promising software and hardware companies.

Today, Charles joins the show to discuss the work he does as a venture capital investor, his philosophy of investing in diverse founders with a variety of ideas, and traits he looks for in an attractive investment. Charles explains the landscape of venture capital, shares the value that Precursor Ventures provides to founders, and discusses his passion for helping entrepreneurs scale and grow their businesses.

📺 Watch on YouTube

https://youtu.be/d4gb_hypxVQ

Key Takeaways

00:49 – Jonathan introduces today’s guest, Charles Hudson, who joins the show to share early jobs he had as a kid, where he caught the entrepreneurial bug and

08:41 – Building wealth through building a business

11:40 – Charles’ career arc

14:35 – The importance of finding impactful mentors in our increasingly remote society

17:59 – Charles explains the landscape of venture capital

21:38 – Traits of a great venture capital investment

23:36 – The importance of investing in diverse founders and what it means to Charles

29:29 – The value that Precursor Ventures provides to founders

33:41 – Providing resources to the ‘forgotten founder’ and the question Charles asks himself when considering an investment

42:27 – One piece of entrepreneurial advice to heed and one thing to completely ignore when seeking funding

46:12 – One thing Charles would like others to know about him and one place Charles has visited that had a profound impact on him

49:13 – Jonathan thanks Charles for joining the show today and lets listeners know where to connect with him

Tweetable Quotes

“My mom owned her own law practice. For her, I think it was more about flexibility. She would say, ‘I get to set my own hours. They’re long, but I get to set them. I get to choose my own clients. I get to set my own rate.’ And, I think for her, it was really important to have that level of control. For me, the big ‘Ah-Ha’ was that I met business owners and realized, ‘Oh, so that’s how you do it.’” (09:31) (Charles)

“After five years I realized, in the end, the thing that really got me excited was not investing big checks into companies that had really experienced management teams and repeat founders. The thing that got me excited was really working with less experienced, first-time founders where the money and advice really made a difference. This is a harder way to make money, but it’s way more satisfying and way more engaging for me. And if I’m gonna do something professionally, I want it to meet my needs in that dimension.” (13:56) (Charles)

“I think we will eventually get to a place where remote and distributed culture is well understood and the norms and practices of including people are better. But right now we’re not there, in my opinion.” (16:42) (Charles)

“So, I would say - at broad strokes - the job of a venture capitalist is to find really good private companies, invest money, provide some level of support, and help those companies grow and scale.” (18:09) (Charles)

“One big thing I’ve learned is the easiest thing to do in venture capital is to simply invest in your friends, the people that you know well. It’s a low regrets framework. Presumably, if you’ve been successful, your friends have also been successful too.” (24:04) (Charles)

“A significant value in what we do for founders is not telling them what to do or giving them advice, but connecting them with peers who have solved that problem recently.” (30:04) (Charles)

“If you don’t have the right level of competitive dynamic around your investment, work harder to create that environment as opposed to lying.” (45:40) (Charles)

Guest Resources

Precursor Ventures’ Website

Precursor Ventures’ Twitter

Precursor Ventures’ LinkedIn

Charles’ Email

Charles’ LinkedIn

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

050: Jason Scott Montoya - Cutting Out the Noise

Jonathan DeYoe — Fri, 24 Mar 2023 00:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Jason Scott Montoya is a lifelong entrepreneur, not surprising as he’s come from four previous generations of entrepreneurs. Jason grows their online influence & program sales for people development-oriented organizations. He is guided by his values of love, mindfulness, mastery, dependability, and openness.

Today, Jason joins the show to discuss his journey from entrepreneurship to freelancing, the importance of meeting people where they are, and the incredible value that entrepreneurship can bring to your life. Jason and Jonathan talk about cutting out the noise, what Jason misses the most about running a team, and what the transition was like going from running a business to becoming a full-time freelancer.

📺 Watch on YouTube

https://youtu.be/nEhV_v5sxw0

Key Takeaways

00:51 – Jonathan introduces today’s guest, Jason Montoya, who joins the show to share his experience as a fifth generation entrepreneur and being open about discussing money

09:11 – Early financial lessons imparted on Jason

15:08 – Jason’s career arc

18:38 – The importance of fully committing

21:44 – Defining ‘freelancing’ and the transition from business owner to freelancing

31:20 – Considering entrepreneurship as a path

36:52 – The Jump: a letter to Jason’s younger self

40:07 – What Jason misses about running a team

43:04 – One piece of business advice to heed and one thing to completely ignore

46:20 – The last thing Jason changed his mind about and the one question Jason would like to know the answer to

49:52 – Jonathan thanks Jason for joining the show today and lets listeners know where to connect with him

Tweetable Quotes

“Entrepreneurialism was always something in me, and just my personality of being highly extroverted and ambitious, and just having a safe and loving home, community, family, and church life. It just gave me that safe space to dream big and go after it.” (04:38) (Jason)

“Money is a vehicle for some destination. And I think, for many people, they lose sight of that and make it about the money itself.” (12:48) (Jason)

“If I’m gonna do this - and I’m gonna do it right, and I’m gonna steward this business well - it’s gonna be really hard. And so, if I’m going to do something really hard like that, I gotta be fully committed to it.” (18:38) (Jason)

“One of the things I ask freelancers to try to figure out if they are fully committed - and it’s a key question that you need to ask yourself - ‘if your bank account was empty, and you didn’t have any work in front of you, is your first thought: ‘Where am I gonna get my next project?’ or is it, ‘I need to get a job?’ Because if you’re fully committed, you’re looking for next project.” (20:03) (Jason)

“As a freelancer, there’s benefits and downsides to being independent. We have the freedom to be independent, but the downside is we’re in the fire. We are the firefighter. And so, we have to be resilient to deal with the heat.” (28:19) (Jason)

“In a lot of ways the book is also a letter to the clients I work with. I work with clients to help them grow their sales and influence. I use different digital marketing strategies and tactics. But, my Trojan Horse is really how do I help them become the type of person that runs these types of systems to make their business better, and to be a better boss, and be a better leader and a better fulfiller.” (39:31) (Jason)

“We are distracted when we don’t know the finish line. But when we know the finish line, we know if something is or is not a distraction because it is either contributing to us moving towards the finish line or it is detracting from it.” (45:25) (Jason)

Guest Resources

Jason’s Books:

Path of the Freelancer

The Jump

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

049: Paul Montoy-Wilson - Using Awareness to Strengthen Your Money Mindset

Jonathan DeYoe — Fri, 17 Mar 2023 00:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Paul Montoy-Wilson is an entrepreneur with a vision of helping people with their relationship to money and their personal money mindsets. Paul developed and launched Allo, a financial wellness app that focuses on mindful money practices.

Today, Paul joins the show to discuss his personal and financial values, the relationship between spending and happiness and the importance of becoming aware of how we spend and save our money. Paul and Jonathan talk about the psychology of money as well as how the Allo app is helping others improve their financial well-being.

📺 Watch on YouTube

https://youtu.be/ouojnn7Sa_Y

Key Takeaways

00:54 – Jonathan introduces today’s guest, Paul Montoy-Wilson, who joins the show to talk about his personal and financial values, what he learned about entrepreneurship at a young age, and what inspired him to launch Allo

11:31 – How Paul shifted his own money mindset

13:05 – The relationship between spending and happiness

15:52 – Becoming aware of our values

21:03 – How Allo works

26:14 – Money in relationships

29:41 – Paul speculates on the future of Allo and exciting new tools he would like to pursue

31:49 – One piece of investment advice to heed and one thing to completely ignore

35:48 – The last thing Paul changed his mind about and Paul’s idea of a ‘perfect’ day

39:04 – Jonathan thanks Paul for joining the show today and lets listeners know where to connect with him

Tweetable Quotes

“What apps can do, which is great, is they make things much more accessible to a lot more people, and they help build habits. And so, I think that’s what we’re excited about with Allo. We’re trying to help people build a positive habit around their financial well being.” (10:31) (Paul)

“When you have money to spend - when you’re able to use it in a way in accordance with your values - you’re happier. And it’s one way in our capitalist culture that you’re able to articulate what your values are. And so, one of those ways is being generous. When you give money to others, you feel great. And that’s true in my own life. But there’s a hesitancy, I think in general, when you feel like you don’t have enough to give.” (14:08) (Paul)

“The point of the app is to effectively look at these different areas of your life asking yourself, ‘What’s important to me in each of these areas?’ And then, sort of a secondary question is, ‘How is my spending reflected in these values and can I make a change in how I’m spending my money to be more congruent with these different values?’” (17:12) (Paul)

“The core of the app is really around awareness. The point is not to optimize your net worth. The point is not to tag everything. The point is not to flag everything, it’s just to be aware.” (22:15) (Paul)

“The majority stressor, for the majority of us, is our finances.” (24:17) (Paul)

“One of the value categories that we have in Allo is called ‘future.’ It’s becoming who you want to be.” (28:51) (Paul)

“Every week or every month open up your bank app of choice, take a look at how you’re spending and saving your money, and reflect. Appreciate the ways you’re able to use your money and notice anything you want to make changes for.” (32:46) (Paul)

Guest Resources

Link to Paul’s Custom Invite to Allo

Books Mentioned:

Happy Money

Psychology of Money

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

048: Gil Baumgarten - Disrupting the Wealth Management Industry

Jonathan DeYoe — Fri, 10 Mar 2023 00:00:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Gil Baumgarten is a disruptive wealth management pioneer. After battling UBS in defense of 100% ETF portfolios, a direct assault on the firm’s fee-rich mutual fund business, he was on the original beta-test team of six advisors permitted to run discretionary ETF portfolios in 2002. He has since been named one of the “Top-20 ETF Thought Leaders in the U.S.” by Barron’s and The Wall Street Journal . Gil’s fee-only fiduciary firm, Segment Wealth Management, is a top-15 firm in Houston as ranked by the Houston Business Journal . Gil is perennially named a top-50 advisor in Texas by Barron’s , out of the state’s estimated 26,002 registrants. Gil is also the best- selling author of FOOLISH: How Investors Get Worked Up and Worked Over by the System.

Today, Gil joins the show to discuss his background in the financial services industry, the difference between fiduciary and non-fiduciary standards, and the psychology behind investing.

📺 Watch on YouTube

https://youtu.be/WJ-c7TCG-TU

Key Takeaways

00:57 – Jonathan introduces today’s guest, Gil Baumgarten, who joins the show to talk about financial trauma, share his experience in the financial services industry, and why he decided to pivot

08:39 – Leaving to start his own firm

10:50 – Gil talks about his book, FOOLISH:How Investors Get Worked Up and Worked Over by the System

13:10 – The Slaughterhouse Example

16:29 – Breaking into the brokerage industry and the major players out there

23:41 – The fiduciary and non-fiduciary standards and recent legislation

27:18 – Performance and return on investment

35:01 – Investor psychology and ‘cognitive bias’

42:29 – One piece of investment advice to heed and one thing to completely ignore

50:07 – The last thing Gil changed his mind about and the one question he would like to know the answer to

51:37 – Jonathan thanks Gil for joining the show today and lets listeners know where to connect with him

Tweetable Quotes

“They say that you’ll stay in a situation until the pain of leaving is less than the pain of staying. And, so I kinda reached that point with touch-point after touch-point that I was getting in conflict over some issue with the firm. It was always about what was best for the client. And I just had enough and decided I wasn’t going to do it anymore.” (08:50) (Gil)

“When you start to dissect the brokerage industry, they understand how sticky the relationship is between the advisor and the client. And they will position themselves in such a way to monetize that. They will sell information. They will sell order flow. They know that you’re going to stick with a mutual fund for a certain period of time. They also know that clients like for fees to be hidden from them. They like to understand that people in the brokerage industry are getting paid; they just don’t want to see it.” (13:52) (Gil)

“Anybody in the world can give you investment advice. Not everybody can charge for it. If you’re charging for it, you have to have registration.” (20:32) (Gil)

“Many people say the brokerage industry should be regulated out of existence and only SEC- registered fiduciaries - or a fiduciary standard - should apply to all brokerages. I say, ‘no way!’ There’s a lot of reasons why somebody would not want to do business on a platform like mine.” (26:37) (Gil)

“The purest form of beta would normally be an index fund and would have very little taxes associated with it and would have very little fees attached to it. And over a very long time period, you’re going to end up outrunning everybody who is pursuing Alpha, most often because people hop at the wrong time. They don’t buy the lowest performer off the list; they buy the highest performer. And when the market flips around and changes, they’re gonna end up buying high, selling low, buying high, selling low. Rinse and repeat.” (29:01) (Gil)

“Warren Buffet says that, ‘Minimal securities prices come with maximum uncertainty, and maximum securities prices come with minimum uncertainty.’” (36:06) (Gil)

Guest Resources

Segment Wealth Management Website

Important Disclosure

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

046: Rocky Lalvani - Changing the Money Mindset & Getting Value for Your Money

Jonathan DeYoe — Fri, 24 Feb 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Rocky Lalvani serves as Chief Profitability Officer (CPO) for business owners. He helps small business owners maximize their business’ profit so that they have time and freedom to do what they love. He does this by changing the mental accounting formula from ‘Sales minus Expenses equals Profits’ to ‘Sales minus Profits equals Expenses.’ The point is to make sure that profits come first.

Today, Jonathan and Rocky discuss the Profit First method, why there aren’t more wealthy people, and the misconception small business owners have about growth.

📺 Watch on YouTube

https://youtu.be/Sj-2nXN-bZ4

Key Takeaways

00:49 – Jonathan introduces today’s guest, Rocky Lalvani, who joins the show to share how to get value for your money and other financial lessons that were critical to his success

07:02 – Rocky’s first paper route to his current role as CPO

13:56 – Why there aren’t more wealthy people

17:29 – Statistics on small businesses

19:55 – The two equations of Revenue, Profit, & Expenses

24:55 – The fallacy of ‘Growth’

27:26 – The Profit First system

31:55 – One piece of financial advice to heed and one thing to completely ignore

35:22 – The last thing Rocky changed his mind about and one thing Rocky would like others to know about him

37:44 – Jonathan thanks Rocky for joining the show today and lets listeners know where to connect with him

Tweetable Quotes

“I think the biggest lesson coming out of it all is you can live an abundant life on a pauper’s budget. I think, too often, people just overspend money and they don’t get value for it.” (05:14) (Rocky)

“I can look at a set of numbers and they tell me a story. I can look at data and I can pick out the anomalies. I know how to make the buck work. In small business, understanding numbers and stretching your bucks is what makes you successful.” (11:57) (Rocky)

“So there’s all these different money messages that are going into people’s heads, and if they never question them then that’s a problem.” (15:06) (Rocky)

“If nobody wants what you have to sell, or they aren’t willing to pay for it, then it doesn’t matter. I think that’s a big part of it. The other thing is understanding the business-to-business, understanding how to systematize, how to build processes, how to lay stuff out and get stuff done.” (18:57) (Rocky)

“Too often, I think [business owners] are focused on the wrong metrics, which is what’s the topline? The question, at the end of the day, is how much do you get to keep, how much do you get to take home, and how much is for you?” (25:57) (Rocky)

“Our first step is to sit down with the business owner, and the first question is, ‘Tell me about how you grew up and learned about money.’ Because whatever those money mindsets and habits are, I need to know how they are affecting you today, what the programming is, and what your core beliefs are and how are you thinking.” (30:59) (Rocky)

“Number one, you have to know where you’re going. If you have no idea where you’re going, how are you going to get there?” (32:30) (Rocky)

Guest Resources

Rocky’s LinkedIn

Rocky’s Website

Rocky’s Podcast

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

045: Alice Shikina - Money, Divorce, & Mediation

Jonathan DeYoe — Fri, 17 Feb 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Alice Shikina is an international speaker, negotiation coach, and divorce mediator. She’s the author of the book, Negotiating with Your Kids. Alice is passionate about helping people out of conflict and moving forward with their lives.

Today, Jonathan and Alice talk all about marriage, divorce, and navigating the difficult topic of finances throughout the two. Alice talks about the importance of acknowledgement and communication, and provides insights on how to approach your marriage as a business partnership.

📺 Watch on YouTube

https://youtu.be/A_KQCKMnP0Y

Key Takeaways

00:48 – Jonathan introduces today’s guest, Alice Shikina, who joins the show to share her unique experience being shielded from money at an early age

08:33 – Alice’s career trajectory, from theatre to divorce mediation

13:01 – Statistics on divorce

17:07 – Why financial literacy is a critical skill to have in a relationship

20:38 – Joint vs. separate accounts

26:39 – How to prepare yourself for the ‘business partnership’ of a marriage

30:52 – Prenups, postnups, and other strategies for cultivating a healthy ‘business partnership’

34:34 – The power of acknowledgement

37:42 – Approaching money as a team

44:54 – Alice’s 8-week negotiating and communication course

48:24 – One piece of financial advice for couples to heed and one thing to completely ignore

51:07 – Alice’s latest course, Design Your Own Divorce

52:51 – The last thing Alice changed her mind about and the most impactful place Alice ever visited

55:08 – Jonathan thanks Alice for joining the show today and lets listeners know where to connect with her

Tweetable Quotes

“For those people who don’t know the difference between arbitration and mediation, arbitration is basically a private trial. So, you don’t go into the public court system. You hire a private judge, who is the arbitrator, and you do everything privately.” (11:53) (Alice)

“It is very interesting to note that if I’m mediating alimony from a husband to a wife, usually they want to be fair and talk about it. Usually when I mediate alimony from a wife to a husband, everyone is bitter.” (15:18) (Alice)

“If there is a partner who is not as financially literate, it would be extremely beneficial for them to get a financial coach so that they can at least feel somewhat comfortable looking at a spreadsheet. And the other thing is budget! So many people do not create a family budget.” (19:37) (Alice)

“I have noticed that when people come from marriages where they only have a joint account and they only had a joint account for several decades, there’s a lot of fear about splitting it up and opening a brand new account. Of course they do it, but I can tell it feels very uncomfortable for people.” (22:17) (Alice)

“Communication is a huge reason why people get divorced. I see it all the time. And they come to me and say, ‘Yeah, we’re getting a divorce because our communication is terrible.’” (34:02) (Alice)

“What happens is that either people aren’t listening to one another or they haven’t learned how to acknowledge what the other person is saying. We’re all humans walking around the planet wishing to be acknowledged, and it doesn’t happen as much as it should. If you can acknowledge what your spouse is saying to you, even if it’s contentious, you will go a long, long way to saving your marriage.” (34:34) (Alice)

“I feel like having that premarital mediation is critical because it’s not about how we’re going to split the assets if we get a divorce. It’s about how do we as a family think about money? Where do our values lie? Are our values in alignment? And then you can talk about that and it will really cement your relationship because you want to make sure that you’re putting yourselves on the same path.” (48:47) (Alice)

“If you have two strong negotiators, you are more likely to get to a ‘win-win’ than if you have two weak negotiators. Strong negotiators understand it is about getting to the ‘win-win.’ It is about getting to a deal that everyone is happy with.” (52:02) (Alice)

Guest Resources

Design Your Own Divorce

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

044: Dr. Mary Martin - Consciousness, Mindfulness & Financial Advice

Jonathan DeYoe — Fri, 10 Feb 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Dr. Mary Martin is a trauma sensitive mindfulness educator, a futures thinker, and the author of Mindfulness for Financial Advisors: Practicing A New Way of Being . She’s certified by Brown University to teach mindfulness-based stress reduction and has a PhD from NYU’s School of Culture, Education & Human Development.

Dr. Mary has worked in financial services for over two decades, has been teaching mindful awareness to advisors since 2015, and today she joins the show to share the work she does as a mindfulness educator, and why mindfulness is so critical in the field of financial advice.

📺 Watch on YouTube

https://youtu.be/L6SCuYdq2Gc

Key Takeaways

00:51 – Jonathan introduces today’s guest, Mary Martin, who joins the show to share the first financial lessons she learned, the early expectations she set for her life, and how she got into ghost writing

07:42 – Everything Dr. Mary learned about entrepreneurship she learned from her neighbors

13:31 – An independent mindset

19:05 – An awakening and the inspiration to teach financial advisors about mindfulness

31:17 – The absence of mindfulness in financial advisement

38:09 – How to identify which financial advisors are mindful

46:08 – The danger of falling into a trap of accumulation, consumption, and materialism

50:10 – A message of love

56:30 – One thing Dr. Mary would like others to know about her and the one question she would like to know the answer to

57:51 – Jonathan thanks Dr. Mary for joining the show today and lets listeners know where to connect with her

Tweetable Quotes

“What I always managed to do is find people who had wonderful things to teach me - theseamazing mentors - and work with fantastic, fun colleagues. And I was always making moremoney than anybody else my age .”(05:25) (Mary)

“Everything I learned about entrepreneurship I learned from my neighbors.” (07:47) (Mary)

“With this contemplative practice all of these years, I somehow failed to recognize that I had a body. I was this brain walking around in a meat suit. What I was doing with my body was all superficial.” (21:25) (Mary)

“Whenever I define mindfulness for people I say, ‘Notice you didn’t hear the word ‘calm’ in there. And you didn’t hear the word ‘relaxation’ in there. And you didn’t hear the word ‘bliss’ in there. And you didn’t hear the words ‘clearing your mind’ or ‘stopping your thoughts.’” (24:07) (Mary)

“Your superpower should not be super. Your superpower is that you’re a human being and you understand how you operate. And, when you understand how you operate - and your own suffering and where that comes from and what that feels like, and your own regret, and your own shame, and your own pain - you don’t understand someone else through and through, but you are able to empathize. Your own pain is a bridge to somebody else.” (30:17) (Mary)

“You have a way of being no matter what. Whenever you walk into a room, you have a way of being, so what is it? Do you even know? Do you have a way of exploring that with yourself in a compassionate way? And do you have a way of being with and working with your own moment- to-moment experience?” (41:32) (Mary)

Guest Resources

Link to The Future of Financial Advice

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

043: Kim Trathen - Money Mindset & Our Relationship

Jonathan DeYoe — Fri, 03 Feb 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Kim Trathen is a business, money, and mindset coach, three things that are foundational to the process of building wealth and creating financial independence for our families. Her favorite topic is how our thoughts about money shape our ability to make more money.

Today, Kim joins the show to share how her own relationship with money was forged, what inspired her to become an entrepreneur, and why she is so passionate about helping female founders.

📺 Watch on YouTube

https://youtu.be/f8VPekrW4z0

Key Takeaways

00:59 – Jonathan introduces today’s guest, Kim Trathen, who joins the share her philosophy on money, what it means to have a healthy relationship with money, and the importance of awareness

09:33 – What inspired Kim to start her own business

13:39 – A passion for helping women and the difference between a consultant and a coach

20:08 – The importance of entrepreneurship in the journey to financial independence

28:35 – Kim speaks to some of the more common ‘mainstream’ money beliefs

32:36 – One piece of financial advice to focus on and one thing to absolutely avoid

35:17 – The last thing Kim changed her mind about and the one question she would like to know the answer to

36:28 – Jonathan thanks Kim for joining the show today and lets listeners know where to connect with her

Tweetable Quotes

“Saving is such an important part of being financially healthy, but I took it to an extreme where I actually made us live like we were poor. And we would sock everything away so that I wouldn’t see it, because I had this deep perception that I might turn into a nasty person if I had access to all of this money.” (04:43) (Kim)

“I think, as so often happens with things, whatever is the negative that is going on seems to have the stronger influence on the brain. It’s not too surprising that I came out with that unhealthy relationship with money because that was the negative piece that my brain hung onto. As our brains process information, we all absorb it differently, and it impacts us differently. It wasn’t until I was well into adulthood that I started recognizing that maybe that’s not the healthiest approach that I have.” (08:03) (Kim)

“When I first sat down I had a divine inspiration one night that I really didn’t want to work foranybody else. I wanted to be an entrepreneur. I wanted to have that freedom lifestyle. I wantedto be able to make choices about how I spend my time, who I spend my time with, things likethat. So, I knew I wanted to be an entrepreneur.”(13:45) (Kim)

“Some people will ask what’s the difference between a coach and consultant. My personaldefinition is that a consultant will come in and tell you how to do something. So, if you hire aSales consultant, they will come in and tell you how to do your Sales; they will train your people.A Marketing consultant may write your entire Marketing Plan for you. I view my role as a coachis to help my clients make the best decisions for their business.”(14:52) (Kim)

“Not only are fewer women being given funding for their businesses when they apply, they also receive less funding than their male counterparts. But far fewer women, even today, are even applying for funding.” (21:47) (Kim)

“I always tell my clients, ‘Every belief and behavior gives you every result.’ Everything you believe leads to what you do. And that’s what gives you every result in your life in business. Those beliefs from society are just deep within each and every one of us, and it takes intention to start untangling some of those.” (28:17) (Kim)

“I heard this quote once upon a time. ‘If you talk to your friends the way you talk to yourself you probably wouldn’t have any.’” (35:00) (Kim)

Guest Resources

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

042: Sheila Rittenberg & Marda Stoliar - Finding Your Passion & Sowing the Seeds of Change

Jonathan DeYoe — Fri, 27 Jan 2023 00:15:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Marda Stoliar has improved the world in war torn countries and countries with repressive regimes as well as wealthy and poverty-stricken U.S. neighborhoods. She didn’t do it through politics or activism; she did it through baking. Sheila has had a life and career that has spanned across geographies, years, and roles. She’s worked in health and medical research. She was a community organizer, has worked in public broadcasting, started a nonprofit and has raised money for documentary films.

A few years ago, as Marda started telling Sheila about her students and their special reasons for learning to bake, Sheila was lit up by Marda’s work and the impact it had on the world. Today, they join the show to talk about discovering a passion, persisting through hardship, and how pursuing your vocation - your passion work - can enhance your impact on the world.

📺 Watch on YouTube

https://youtu.be/qPSAIkUX9Go

Key Takeaways

01:03 – Jonathan introduces today’s guests, Marda Stoliar & Sheila Rittenberg, who join the show to discuss early financial lessons they learned and what it means to truly pursue your passion work

08:00 – Marda’s gift, explained

10:19 – Sheila reflects on her career and what inspired her to make the documentary Marda’s Gift

18:05 – The Bread Doctor

25:23 – How Marda inspires her students through positivity, resources, and education

32:44 – One extra step we can take to truly understand our path and one thing to avoid

35:46 – A hidden gem walking among us

37:33 – One thing about Sheila that she would like others to know about her and the last thing she changed her mind about

39:22 – How listeners can learn more about the documentary Marda’s Gift

40:39 – Why Marda provides one-on-one classes

43:29 – The Forty-Six Percent Chocolate Rule

45:59 – Marda opens up about a difficult time in her career

51:22 – Finding your passion work and why Marda continues her work

59:26 – Marda describes her ‘perfect day’

1:00:51 – Jonathan thanks Marda for joining the show today to share her story

Tweetable Quotes

“Success for me was not about being rich. Success for me was finding a vocation, finding work, finding a purpose to matter in the world - to make a difference.” (06:07) (Sheila)

“I became a community organizer in those days because I was so riled up about the political action I was involved in. So it was a natural fit and the opportunity was there. It just felt right.” (13:36) (Sheila)

“There is only one life. What is most important? How can you impact others by taking risks yourself? So, we’re all models in whatever we do - in the way we walk our dog, in the way we discipline our children, in the way we speak to a clerk in a store - we are all modeling all the time.” (22:32) (Sheila)

“One person’s actions can have a ripple effect that we don’t necessarily think about when we think about changing jobs, or volunteering somewhere, or learning a new skill or trade so that we can help high school kids learn how to build. I don’t know, I’m making this up. But every step is inspirational. And so I hope that comes across in the film. That is a key lesson.” (24:11) (Sheila)

“I actually believe that, as a country, we don’t invest enough in our education system. Education and knowledge are the first stepping stones. They can and do change the world.” (30:53) (Sheila)

“It’s so important that you address one person’s interests and their needs and give them what they need, not what you want to teach a group of people.” (40:50) (Marda)

“I learned how to bake bread in Venice. I learned how to bake pastries in Paris as I was going to work as a shoe designer. I would work all day as a shoe designer and then I’d go work in a bakery all night. I don’t know why. I just did. I never planned on opening a bakery. In my life things just happen, but they’re all creative.” (49:41) (Marda)

“If I didn’t love it, I wouldn’t do it. I just wouldn’t do it. Waking up to something you don’t want to do? That would be so sad.” (57:32) (Marda)

Guest Resources

Sheila’s LinkedIn

Marda’s Gift LinkedIn

Marda’s Gift

Marda’s Gift Instagram

Marda’s Gift Twitter

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

041: Dr. Eric Holsapple - Profits Are Not a Purpose: How Mindfulness & Focus Can Impact Business Culture

Jonathan DeYoe — Sun, 22 Jan 2023 00:30:00 -0500

Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Dr. Eric J. Holsapple is a successful developer, author and entrepreneur who has used mindfulness to transform both his life and his business. He’s got a PhD in Economics and has been involved in the real estate industry for forty years. He works with people to merge business and mindfulness as a catalyst for changing lives.

He’s the Founder of Living in the Gap and today, Dr. Eric joins the show to discuss how mindfulness can transform business culture. His new book, Profit with Presence: The Twelve Pillars of Mindful Leadership , helps readers learn that bringing mindfulness to the workplace is an investment that pays out real dividends.

📺 Watch on YouTube

https://youtu.be/P8mHFaEuUg4

Key Takeaways

01:09 – Jonathan introduces today’s guest, Dr. Eric Holsapple, who joins the show to share early lessons of entrepreneurship, his career trajectory, and his entry into mindfulness

08:33 – A massive, shocking wake-up call for Dr. Eric

11:32 – From LC Real Estate Group to Living in the Gap

18:58 – Finding happiness now

22:22 – Dr. Eric speaks to his latest book, Profit with Presence

24:38 – Mindset, inequality and what we can do to help others less fortunate

33:34 – How Dr. Eric defines and practices mindfulness

39:54 – Detaching from results

43:20 – One piece of entrepreneurial advice to focus on and one thing to absolutely ignore

49:48 – The last thing Dr. Eric changed his mind about and a place he visited that had a profound impact on him

Tweetable Quotes

“I ended up knowing everybody in the state - every bank, every real estate firm. It wasn’t intentional, but it dramatically helped my business because I was a trustworthy person, I was a good developer, and I was really well connected. I knew the best students and I helped place them at the best firms.” (14:03) (Dr. Eric)

“Living in the Gap is having it all. I think that people can live the life of their dreams, that this idea that spirituality and business are at odds is a mistake, that mindfulness is primarily focus. And, I have found personally that you get more done in less time if you’re focused and that mindfulness is actually a compliment to work.” (15:19) (Dr. Eric)

“What I’ve seen, from myself and from my friends that have been really successful, is that when you check off the list, you add more to the list. First it was a house, then it was a condo, then it was the trips to Maui, and then it becomes, ‘one country club isn’t enough, I gotta have two.’ I think that’s ‘the space race,’ and I look at it like what’s really going on here? I don’t pretend to know. It looks to me like it’s really hard to be happy with money.” (20:08) (Dr. Eric)

“My outer purpose is what I do. I’m on a podcast with you. I’m running ‘Living in the Gap.’ I’m building a real estate firm. I’m teaching at the University. My outer purpose is just what I do. But, with presence, I can show up to that outer purpose in a certain way, which is really unstoppable. If I show up to something fully focused and present to it with motivation, I can get a lot done.” (24:08) (Dr. Eric)

“To me, if I can get in and notice my body stretching, my mind slows down.” (35:20) (Dr. Eric)

“Profit is not a purpose or a vision. Those are the natural result of having a useful purpose and vision. And if you’re not getting those profits, you need to shift a little bit. We need profits to make change.” (42:40) (Dr. Eric)

“When you’re present with someone, you change them.” (48:07) (Dr. Eric)

Guest Resources

Dr. Eric’s LinkedIn

Dr. Eric’s Website

Dr. Eric’s Book

Books Mentioned:

The Happiness Advantage

Altered Traits

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

040: Toby Bloomberg - The Integration of Passion & Self: Food, Intentionality & Knowing Your Product

Jonathan DeYoe — Fri, 13 Jan 2023 00:30:00 -0500

Toby Bloomberg is one of the original web-marketing leaders. Forbes listed her original Diva Marketing Blog as one of the top twenty social media blogs for women. She put together the first book ever written on Twitter by interviewing forty marketing leaders over Twitter and compiling their 140 character answers into her successful ebook, Social Media Marketing GPS.

Today, Toby joins the show to discuss the power of being intentional and following a dream, advice she would give to entrepreneurs looking to integrate social media marketing into their businesses, and her vision for her latest venture, Diva Foodies.

📺 Watch on YouTube

https://youtu.be/5GCALRD90oU

Key Takeaways

01:07 – Jonathan takes a moment to read a five-star review and encourages listeners to leave their own reviews

02:07 – Jonathan introduces today’s guest, Toby Bloomberg, who joins the show to share her early passion for entrepreneurship

09:17 – How Toby translated ‘intention’ to give herself permission to follow her dream

14:01 – Passion, Talent, & Opportunity

15:26 – Toby’s mission and vision for Diva Foodies

21:33 – One piece of social media marketing advice to focus on and one thing to absolutely ignore

27:23 – Know your customer, know your product

30:11 – One thing Toby would like others to know about her and the one question she would want to know the truth about

Tweetable Quotes

“I grew up in a family where my dad owned a Marketing Research company. And so, we literally grew up in the business. The business was almost like another sibling.” (03:43) (Toby)

“I think, for me, being intentional means that I have more of a structure to work with and I have a definite focus. So, when I decided to go down this road, I didn’t really have a network here in Atlanta, where I’m based, and I didn’t really have a network nationwide. But I did have a network of marketers and social media friends, but not within the culinary world. So, what I began to do is I went back to where I had gained network, community, and success. And that was, believe it or not, in social media.” (12:19) (Toby)

“That’s what I found within the culinary world. I found the integration of passion and self. And Ifound that the chefs and the foodpreneurs were people that were willing to step out and takethat chance so their small businesses hopefully will grow to be larger businesses. But that’swhere I found my passion within that world.”(16:43) (Toby)

“It used to be called ‘the long tail,’ where there wasn’t a lot of competition in that part. And so, if you could find something where there’s not a lot of competition - which is in ‘the long tail’ - even though the audience may be smaller, you’re more likely to cut through the clutter and you’re more likely to get heard.” (24:09) (Toby)

Guest Resources

Toby’s Blog

Toby’s Website

Toby’s Twitter

Toby’s Book - Social Media Marketing GPS

Toby’s Email

Toby’s LinkedIn

Diva Foodies

Diva Foodies Facebook

Diva Foodies Instagram

Diva Foodies Pinterest

Diva Foodies Twitter

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

039: Sharmeen Bhanji-Abeysinghe - Creating A Delicious Relationship with Money Through Healing, Movement, and Energetics

Jonathan DeYoe — Fri, 06 Jan 2023 00:30:00 -0500

Sharmeen Bhanji-Abeysinghe is a Spiritual Somatic Movement Mentor. She speaks of movement as medicine and she’s on a mission to eradicate childhood trauma due to poverty.

Today, Sharmeen joins the show to share lessons she learned from her own experiences with childhood financial trauma, why we’ve become so disassociated with our own bodies and initial steps we can take to heal our bodies and minds from financial trauma.

📺 Watch on YouTube

https://youtu.be/kwxvsu3NuOs

Key Takeaways

01:09 – Jonathan takes a moment to read a five-star review and encourages listeners to leave their own reviews

01:47 – Jonathan introduces today’s guest, Sharmeen Bhanji-Abeysinghel, who joins the show to share her early memories of childhood trauma created by poverty

11:40 – Working through financial trauma through energetics

17:27 – How we got so disassociated with our own bodies

20:12 – The first step to healing our bodies

22:50 – Common examples of financial childhood trauma

25:06 – Overcoming a lack of self-worth through movement

31:28 – Imprinting an abundance mindset into our bodies as well as our minds

33:38 – One piece of financial relationship advice to focus on and one thing to absolutely ignore

36:52 – The last thing Sharmeen changed her mind about and one thing she would like others to know about her

Tweetable Quotes

“Basically what I’ve learned is the energy behind what money actually is. And, when we move it from this physical, ‘I can’t have’ paper substance to the understanding that it is energy, then it changes the perspective on how much we can have. And so, for me, my relationship with money has actually blossomed and grown and become this delicious relationship that I’m fully in love with through healing, and through movement, and through energetics.” (09:46) (Sharmeen)

“It is really about connecting with the sensations in the body. And my belief through my years of research and even my own experience is that the subconscious mind, or subconscious programming - the things that are sticky and still holding us in those fear states or any of those high emotional states - lives in your body and communicates with us through the body’s sensations.” (15:42) (Sharmeen)

“Either way, the impact on the psyche and the way the brain is actually formed - and it’s not what the brain thinks, but how it’s formed - it’s the structural beingness of the brain that changes when we experience trauma.” (23:34) (Sharmeen)

“We hear so much about ‘money mindset, money mindset, money mindset.’ It’s drilled into us that we have to have this money mindset and do affirmations and meditations and all these things. But the truth of the matter is that the mindset that we’re trying to change - the structures in the brain - we’re forgetting that it’s also in the body.” (31:28) (Sharmeen)

Guest Resources

Sharmeen’s Facebook

Sharmeen’s Instagram

The Flourishing Well Website

My Aligned Life

The Flourishing Well Instagram

The Flourishing Well Facebook

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

038: Adam Carroll - Becoming a Life Architect: Build a Bigger Life, Not a Bigger Lifestyle

Jonathan DeYoe — Fri, 16 Dec 2022 00:00:00 -0500

Adam Carroll has spent the last decade studying human behavior, particularly as it relates to leadership and personal finance. He’s an internationally recognized financial literacy expert, a two-time TEDx speaker, and the author of four Amazon best-sellers.

Today, Adam joins the show to share his passion for helping people create financial freedom through unconventional financial strategies. Jonathan and Adam discuss how our relationship with money has changed over the last two decades, what it takes to change financial habits, and the importance of architecting the life you want to live.

📺 Watch on YouTube

https://youtu.be/Nv3NddjPabI

Key Takeaways

01:03 – Jonathan takes a moment to read a five-star review and encourages listeners to leave their own reviews

01:52 – Jonathan introduces today’s guest, Adam Carroll, who joins the show to share his first entrepreneurial memory and what he learned about financial fights from an early age

07:52 – The importance of being on the same financial page as your spouse

12:03 – Adam’s journey to teaching financial literacy

19:05 – How to improve financial literacy through behavioral change

22:19 – Why money is such a difficult subject here in the United States

23:55 – Architecting the life you want to live

26:48 – How our relationship with money has changed in the last twenty years

31:29 – The Shred Method

37:08 – One piece of financial advice to focus on and one thing to absolutely ignore

41:07 – The last thing Adam changed his mind about and one thing he would like others to know about him

Tweetable Quotes

“I remember very distinctly thinking, ‘Well, if I want to make money, I just have to create something of value and that will be how I make money.’ And that’s kinda how I’ve existed over the past couple of decades.” (05:09) (Adam)

“In conversations with some of our clients, when we’re doing money coaching and relationship to money coaching - we’ll often say to people, ‘How much money do you need to feel safe and secure?’ And one partner will give a number and the other one will say, ‘That’s not true. There’s no amount of money that will make you feel safe and secure, because we’ve had that money sitting there for X amount of years and you’re still insecure about money.’ And I think that sort of goes to the very heart of maybe the message that we’re given early on, or an early money memory that was created around money.” (10:53) (Adam)

“We have this mantra. ‘If you do for two years what most people won’t do, you can do for the rest of your life what most people can’t do.’” (13:36) (Adam)

“I truly believe that the single best thing that someone can do that really wants to dial into their own financial literacy is find someone that’s living a life that they aspire to and then go deep on that person’s content.” (19:41) (Adam)

“It’s one of my favorite quotes, ‘Our lives are perfectly engineered for the results that we’re currently getting.’ So, whatever you’re living right now has been the product of the last six or twelve months or five years of decisions that have put you in this place. And if you want to change what the future looks like, just change the decisions you make today.” (26:10) (Adam)

“The two greatest expenses we have in life are taxes and the interest expense on debt.” (34:36) (Adam)

“The way to be financially successful is to make sure your income is always greater than your expenses for as long as humanly possible.” (37:41) (Adam)

Guest Resources

Link to Adam’s Documentary ‘Broke Busted & Disgusted’

Adam’s Books:

Mastery of Money for Students

The Build a Bigger Life Manifesto

Winning the Money Game

30 Days to $1K

Other Books Mentioned:

Smart Couple Finish Rich

Debt Free & Prosperous Living

Think & Grow Rich

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

037: Yvonne DiVita - Bleeding on the Page & Pulling Stories Out of People

Jonathan DeYoe — Fri, 09 Dec 2022 00:30:00 -0500

Yvonne DiVita is an author, book coach, author advisor, and overall book whisperer. She loves helping women especially share their stories and speak louder than ever before.

Today, Yvonne joins the show to share how she helps entrepreneurs and successful business professionals enhance their brand, generate leads & market their business by writing a book. Jonathan and Yvonne touch on the evolution of the publishing industry, the pros and cons of traditional publishing versus print on demand, and the process of pulling stories out of people.

📺 Watch on YouTube

https://youtu.be/JYHSpvs4upc

Key Takeaways

01:10 – Jonathan takes a moment to read a five-star review and encourages listeners to leave their own reviews

01:51 – Jonathan introduces today’s guest, Yvonne DiVita, who joins the show to share early financial lessons she learned from her mother and the value of building a neighborhood out of your network

10:23 – Yvonne’s passion for writing and what led to Nurturing Big Ideas

18:38 – The evolution of the publishing industry

25:00 – Benefits from going the traditional publisher route versus print on demand

29:52 – Pulling stories out of people and the value Yvonne provides to her clients

34:43 – Identifying authors to work with

39:09 – Ways to turn your book into revenue

41:07 – The importance of your message and Yvonne’s latest projects

45:21 – The last thing Yvonne changed her mind about and one thing she would like others to know about her

Tweetable Quotes

“A lot of what had to happen in the home fell on my shoulders. So, I lost a lot of my childhood because I was busy cleaning, cooking, and taking care of my brother and sister.” (07:10) (Yvonne)

“I think that when we open our minds to that idea of having a network that is extended, and building a neighborhood of people through that network, it becomes a really powerful and wonderful thing.” (09:44) (Yvonne)

“A lot of authors and writers, while they graduated sixth grade and can put a paragraph together, they don’t understand where to put the power words. They don’t understand that maybe this particular word doesn’t work for their audience. They’re still writing from the mindset of, ‘This is my book.’ And at Nurturing Big ideas we say, ‘Yes, it’s your book, but it’s for the reader. You’re not writing it so you can publish it and put it on your bookshelf. You’re writing it because you want other people to buy it, read it, and do something. You don’t just want them to read it.’” (20:20) (Yvonne)

“Nobody wants to read a report. Let’s tell some stories. So, they’ll tell a story and I will go back to them and say, ‘I love this story. However, how were you really feeling that day?’ And, in the end, I say, ‘You have to bleed on the page.’ If you don’t bleed on the page - if you’re not crying the same way that your audience is bleeding and crying - then when they get to your book they won’t take you seriously.” (31:41) (Yvonne)

“Women are especially trying to start new businesses. More women than men are starting new businesses all the time and they want to look to other women. But the vast majority of business books out there are written by men.” (42:46) (Yvonne)

Guest Resources

Yvonne’s Website

Yvonne’s LinkedIn

Yvonne’s YouTube Channel

Nurturing Big ideas Facebook

Nurturing Big Ideas Twitter

Nurturing Big Ideas LinkedIn

Yvonne’s Books:

How to Write a Book

Dickless Marketing

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

036: Dr. Jordan Grumet - Getting to Good: Mitigating Risk & Regret In Life & Finances

Jonathan DeYoe — Fri, 02 Dec 2022 00:30:00 -0500

Dr. Jordan Grumet, or Doc G as he is affectionately known, is a doctor of internal medicine and a hospice care medical director turned financial blogger and author. He has been a financial independence blogger for a decade and hosts the award-winning Earn and Invest Podcast.

Today, Dr. Jordan talks about his roots growing up in Evanston, Illinois, what it means to live a regret-free life, and what inspired him to write his book, Taking Stock: A Hospice Doctor’s Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life. Jonathan and Dr. Jordan discuss side hustles, following your passion and the powerful life lessons Dr. Jordan has learned over the years from his hospice patients.

📺 Watch on YouTube

https://youtu.be/hxgjKuB9CVk

Key Takeaways

01:01 – Jonathan introduces today’s guest, Dr. Jordan Grumet, who joins the show to share his background in hospice care, financial independence lessons, and what it means to live a ‘regret-free’ life

08:11 – Growing up in Evanston, Illinois

09:41 – How Dr. Jordan got into blogging about financial independence and what inspired him to write his book, Taking Stock

16:20 – Dr. Jordan’s approach to writing about finance

19:01 – The parable of The Three Brothers

21:54 – Passive income and the fallacy of retiring early

25:40 – Dr. Jordan breaks down a simplified financial plan

28:58 – Side hustles

33:15 – Common themes Dr. Jordan hears from hospice patients on their deathbeds

38:47 – The Life Review

41:50 – The last thing Dr. Jordan changed his mind about and one thing he would like others to know about him

Tweetable Quotes

“How do we have a good death? We live a good life. How do we live a good life? We start thinking about those things that are deeply important to us - those things we’ll regret when we’re on our deathbed if we don’t pursue them now. And we start to think about how to live a more purposeful life and bring those things into our day-to-day, as opposed to putting it off until some other time.” (02:40) (Dr. Jordan)

“I took this phone call and it was Jim Dahle. He wrote the book The White Coat Investor and he asked me to review it for my blog. I read it and it changed my life. It defined what financial independence was for me. It gave me the vocabulary to understand my finances. Within a few hours I realized, ‘Hey, I actually have enough money and I could stop working today.’ The problem with that is the only way I’ve ever felt a sense of purpose or identity was being a doctor. And now I wanted to walk away from this thing that I felt like it was crushing me. But then who would I become and what would it mean?” (10:51) (Jordan)

“We can be different brothers at different times of our lives. Sometimes we can use the techniques of each of them. The idea is not that you define yourself as one. It’s that you use these archetypes as guides to help you decide how you want to build your financial life.” (20:41) (Dr. Jordan)

“I think the more evolved way is to really get rid of that ‘RE’ [Retire Early] thing and just start thinking about what’s the best way to bring purpose, identity, and connections into your life regardless of what path you take. And we’re finding that you don’t necessarily have to stop working to do that.” (24:50) (Dr. Jordan)

“I think side hustles ultimately allow us to bring passion and necessity together in one place. And that’s why I think they’re very powerful.” (30:29) (Dr. Jordan)

“It just drives home this point that it’s not whether you succeed or fail. It’s that you put your energy and time into doing the thing that was important to you.” (35:22) (Dr. Jordan)

Guest Resources

Dr. Jordan’s Website

Dr. Jordan’s Financial Blog

Dr. Jordan’s Twitter

Dr. Jordan’s Book

Earn & Invest Facebook

Earn & Invest Twitter

Earn & Invest Podcast

Books Mentioned:

The White Coat Investor Book

Financial Freedom

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

035: Jackie Woodside - Igniting the Flame of Infinite Possibility for the Human Spirit

Jonathan DeYoe — Fri, 25 Nov 2022 00:00:00 -0500

Jackie Woodside is a certified professional coach and licensed psycho-therapist who has twenty-fives years of experience in both fields. She’s the author of three bestselling books, Calming the Chaos, Time for Change, and Money Vibe. Jackie is a TEDx Speaker and an expert in creating conscious communities.

Today, Jonathan and Jackie talk about early money lessons Jackie had to unlearn, what it means to ignite the flame of possibility within each of us, and why time management is a trap for failure.

📺 Watch on YouTube

https://youtu.be/Uy1BUJp8DwM

Key Takeaways

01:10 – Jonathan introduces today’s guest, Jackie Woodside, who joins the show to share her experience unlearning bad money lessons from childhood and her journey to entrepreneurship

07:21 – Transitioning from a 9-5 to launching her own business

09:14 – Igniting the flame of infinite possibility

13:45 – An inherent human design flaw

18:01 – Common signs that we aren’t living up to our potential

19:45 – Paying attention to our inner world

22:41 – Why time management is a setup for failure

28:57 – The Four Factors of Money Vibe

33:00 – Social media and a society of hyper comparison

35:40 – Awareness, privilege and the process of becoming

41:59 – Advice for those who are looking to ignite their lives and one thing for them to ignore

47:21 – Jackie’s latest program, Living in the Domain of Miracles

48:02 – One thing that Jackie would like others to know about herself

Tweetable Quotes

“What I learned in my childhood about money I spent the rest of my life unlearning.” (04:03) (Jackie)

“I just have this belief that we’re all here with a divine purpose. I call it your ‘soulprint.’ And that life itself is enriched the more that each of us aligns with our infinite flame, that soul spark, that soulprint. The more we align with who we came here to be, the happier and more fulfilled we are.” (09:22) (Jackie)

“When you come to understand that that is just the design of a human being and that there’s nothing wrong with you, you can also then learn to counter it and use your mind to train your brain to have a better experience.” (15:13) (Jackie)

“I was listening to a sermon by a wonderful spiritual teacher at a Unity Church in Massachusetts and she used a quote from the Gnostic Gospel of Thomas that said, ‘If you bring forth what is within you, what is within you will save you. If you do not bring forth what is within you, what is within you will destroy you. And I thought, ‘That’s what’s happening to me.’ I had lost my sense of juice and vitality.” (18:46) (Jackie)

“I say you can’t manage time because time is a constant. You can only, God willing, learn to manage yourself - your values, your commitments, your decisions, your use of the time you have been given.” (23:39) (Jackie)

“You cannot change what you cannot or are unwilling to see.” (29:34) (Jackie)

“Wherever you are in your walk, if you have that willingness, and grit, and resiliency, and just know there’s something in you that wants to be burst forth and you’re willing to do the work, you can transform your life.” (41:42) (Jackie)

Guest Resources

Living in the Domain of Miracles

Jackie’s Books:

Calming the Chaos

Time for Change

Money Vibe

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

034: Jamie & Jacklyn Purvis - Stepping Into Who You Want To Be: The Be Do Have Movement

Jonathan DeYoe — Fri, 18 Nov 2022 00:00:00 -0500

Jamie & Jacklyn Purvis are the father-daughter founders of the Be Do Have Movement, a high- performance coaching company. They help people get unstuck to build bigger businesses and better lives. It’s their mission to empower people to be the best they can be, and have the courage to follow their dreams and live their best lives.

Today, Jonathan, Jamie and Jacklyn talk about the origin story of the Be Do Have Movement, common challenges Jamie and Jacklyn help their clients overcome, and how the definition of success varies from Boomers to Millennials to Gen Zers.

📺 Watch on YouTube

https://youtu.be/J39YnuiIIkc

Key Takeaways

01:10 – Jonathan introduces today’s guests, Jamie & Jacklyn Purvis, who joins the show to share early financial lessons they learned, how sobriety brought financial clarity to Jamie, and their shared experience as entrepreneurs

10:28 – The origin story of the Be Do Have Movement

13:34 – How Jamie and Jacklyn’s coaching dynamic works

17:18 – Issues Jamie and Jacklyn are helping their clients overcome

21:50 – Jamie and Jacklyn expound on what ‘Be Do Have’ really means

27:21 – Jamie and Jacklyn speaks to what success means to her generation

31:01 – One piece of financial advice to heed and one thing to absolutely ignore

37:24 – The last thing Jamie & Jacklyn changed their minds about and one thing that they would like people to know about each of them

39:52 – Jonathan thanks Jamie & Jacklyn for joining the show and let’s listeners know where to connect with them and learn more about the Be Do Have Movement

Tweetable Quotes

“It would have been in my mid to late thirties before I really took control of my finances. And losing seven houses and renting for seven years, in hindsight, was a blessing; at the time it was hell. I never took any personal responsibility early on for it. And then once I took responsibility and realized I had to start moving forward is when I started the process.” (04:38) (Jamie)

“I think in my heart I always knew working on my own and creating something on my own was what I wanted. I saw a lot more purpose and joy coming out of that space. I just didn’t know at the time, coming out of school, what that could be.” (10:08) (Jacklyn)

“Where Jacklyn’s really been helping bring so much value is having the experience and being able to help people release things that they hold on to. I notice that the age, in my mind anyway, isn’t an issue with people. When they know you can help them, they are not concerned about the age at all. And I’ve watched Jacklyn evolve through this.” (16:19) (Jamie)

“What we’ve realized is to get to outcomes faster, it’s about who you’re being in the first place. It’s picking a direction and then focusing on the self-image, and how you’re showing up, and what kind of attitude you have, how you’re communicating with people, and really stepping into those characteristics first so that you can then do the habits and the actions that much faster to get to that goal and that outcome.” (23:04) (Jacklyn)

“As much as it’s that income, what else? You’re not just gonna have that income and then poof be successful. It’s also how are you showing up every day? What type of person are you being? It’s gonna come back to that ‘being’ piece. I was very lucky Jamie taught me what that was and how to show up as a person and how to really be a leader in your own life. It’s something that I practice every single day. That doesn’t go away; it just becomes a part of growing and the journey.” (28:57) (Jacklyn)

“Invest time thinking. Imagine creating space in your life, thirty minutes, where you can think. Thirty minutes a week where you take time, shut off all distractions, turn on the timer on your phone, and think about the life you want to live. What would it be? Time and money aren’t an option. What do you love to do? What inspires you? And just think. And, in that, you’re gonna get really connected to the feeling. The answers are within. When I allow intuition to come through me, ideas start to flow. I solve problems by thinking.” (31:50) (Jamie)

Guest Resources

Jamie’s LinkedIn

Jacklyn’s LinkedIn

Jamie & Jacklyn’s Website

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

033: Melissa Giller - Manifestation, Breadcrumbs & Intentionally Focusing on the Good

Jonathan DeYoe — Fri, 11 Nov 2022 00:30:00 -0500

Melissa Giller is a certified life coach, an MBA-educated business consultant, a podcast host and a mentor to millennial women. She’s a self-proclaimed spiritual junkie, bringing deep introspection, compassion, and non-judgement to client work, right alongside things like strategic results-oriented action.

Today, Jonathan and Melissa engage in a deep discussion on overcoming fear, the power of self-trust, and techniques for manifesting what you truly want.

📺 Watch on YouTube

https://youtu.be/ITw01ZBhDfg

Key Takeaways

01:11 – Jonathan introduces today’s guest, Melissa Giller, who joins the show to share financial lessons she learned growing up in Winnipeg

06:58 – From Human Resources, to becoming a mother, to running her own coaching business

13:27 – The inspiration to pursue business coaching

19:43 – Landing her first client and the impact Melissa is having on her clients

23:17 – Overcoming fear

31:14 – Manifestation techniques

37:39 – One piece of financial advice to heed and one thing to absolutely ignore

40:02 – The last thing Melissa changed her mind about and one thing that he would like people to know about her

42:06 – Jonathan thanks Melissa for joining the show and let’s listeners know where to connect with her

Tweetable Quotes

“I was financially literate. I always knew my way around how to balance a book. I even remember opening my first bank account when I was, I think, five and getting back the book that the teller stamped.” (04:29)

“One day I had this massive panic attack. It was like something that I’d never experienced before where all of the breath left my body completely. And it was the universe, I’m sure, shaking me by my shoulders saying, ‘Wake up. This is a waste of your life and your purpose. You’ve befallen so far off this path.’ That itself is a whole other story...but I found myself back on the path by enlisting various forms of support.” (11:39)

“When I was twenty years old, I said, ‘I’m gonna be a life coach one day...’ I had this desire and I had no idea why, but it was a breadcrumb. It was the thing that I just knew. And so, I started looking at coaching options. And, of course the coaching industry was really building at this point. We saw a huge boom around the pandemic when so many people started bringing their talent and skills to the virtual market. But, I basically started pursuing what I wanted to study and then I started sharing about my experiences.” (14:26)

“It’s a two-way street. A coaching relationship is very sacred in my mind. And I want to make sure that we’re both primed and ready for that, because there’s definitely people I’ve said, ‘No thank you’ to. And there’s people who I don’t feel would be a good fit.” (21:40)

“I really think the impact I’m leaving people with is that ability to trust themselves more fully. And in that self-trust is inner confidence and self-esteem. And when both of those things start to rise, you’re unstoppable. You can get through anything. It doesn’t matter if it’s parenting, work, your marriage, or your negative thoughts.” (22:26)

“What is the feeling you hope to gain from this desire? The universe works in energetics. It picks up on frequency, on vibration. And when you can fully immerse yourself in the vibration of what you want, you become a magnet for it and you attract it in.” (35:03)

Guest Resources

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

032: Nafasi Ferrell - Decreasing Shame and Increasing Discernment to Overcome Financial Trauma & Manifest Solutions

Jonathan DeYoe — Fri, 04 Nov 2022 00:30:00 -0500

Nafasi Ferrell is the Founder and CEO of Narratives Unbound, a consulting and education company that expands awareness of racial and economic systems. Nafasi is a community connector and events specialist focused on building bridges, healing, economic empowerment and closing the wealth gap.

Today, Jonathan and Nafasi dive deep into financial and generational trauma, the racial wealth gap and restorative practices for overcoming blockades to personal financial success. Nafasi speaks to the work she’s doing to help those in her community deal with trauma and personal finance and her idea of building a for-profit universal basic income program.

📺 Watch on YouTube

https://youtu.be/GEZ8dQSaEGA

Key Takeaways

01:11 – Jonathan introduces today’s guest, Nafasi Ferrell, who joins the show to talk about the connection between trauma and money

08:01 – The Racial Wealth Gap, explained

10:50 – Cultural and generational trauma

13:24 – How Nafasi has overcome trauma in her own life

17:51 – Overcoming limits that we put on ourselves

20:19 – Shame, scarcity, trauma, and personal finance

27:00 – Wealth redistribution

34:40 – How listeners can learn more about Nafasi’s for-profit universal basic income program

35:06 – One piece of financial advice to heed and one thing to absolutely ignore

37:48 – The last thing Nafasi changed her mind about and one thing that he would like people to know about her

39:33 – Jonathan thanks Nafasi for joining the show and let’s listeners know where to connect with her and learn more about Narratives Unbound

Tweetable Quotes

“But it really was when my father died in 2018. His death shook me to my core around really the big questions of ‘What am I doing? What am I living for? What society is this? What is my future and who’s writing my future? Is it me?’ And I realized it wasn’t me.” (05:37)

“People ask, ‘Why is there a large racial wealth gap? Why do we have these issues?’ Well, we don’t understand how society is made. And, the society comes from us and the things that we build. It’s not just you get up and go to work. It’s that there’s a whole society that’s being built around your labor and your efforts just as well as everyone else in your community, whether that’s positive or negative.” (07:40)

“I think when we speak to cultural trauma, we’re really talking about generational trauma. It’s trauma that’s passed down through generations. We know that slavery was just outlawed legally in a few states in the United States today. We know that people of color are still experiencing physical slavery. So nothing has changed for many since the Declaration of Independence, since the Civil War, since the end of Jim Crow Laws. This idea that ‘the past is the past and today is today’ is really not true. The practices are really the same and so, generationally, we can see today the things that our ancestors went through and we are still experiencing them.” (11:26)

“I think there’s levels of knowing you can have an affect. I think there’s limits that we put on ourselves and that society puts on us. It took me forever to build my business because I thought I couldn’t because I needed permission from somebody somewhere.” (17:51)

“Once your cognitive brain can function, new ideas and solutions actually flow; they are created. We are the only species that can take a thought and manifest it into physical reality. We’re it. That’s how powerful we are. Once we’re able to understand that, then we’re able to make better choices.” (22:14)

“My argument is that every single human being existing needs to understand how to manage wealth and manage resources, and needs to understand how to save, invest and redistribute.” (30:42)

Guest Resources

Nafasi’s LinkedIn

Narratives Unbound Website

Narratives Unbound Instagram

Narratives Unbound Facebook

Narratives Unbound LinkedIn

SHEEO (Now Coralus) Website

Nafasi’s Email

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

031: Barbara Sloan - Personal Financial Literacy in the Service Industry

Jonathan DeYoe — Fri, 28 Oct 2022 00:30:00 -0500

Barbara Sloan was a homeless teen who danced for dollars and has worked in every imaginable position in the service industry. She’s familiar with and passionate about the joys and pitfalls of living for tips, and today she owns and operates a high-end construction company in Manhattan. She’s a money coach and the author of Tipped: The Life Changing Guide to Financial Freedom for Waitresses, Bartenders, Strippers, and All Other Service Industry Professionals.

Today, Jonathan and Barbara discuss working in the service industry, getting out of the debt cycle, and tips (no pun intended) for service workers to improve their personal finance situations.

📺 Watch on YouTube

https://youtu.be/kUJx5C_FdZA

Key Takeaways

01:15 – Jonathan introduces today’s guest, Barbara Sloan, who joins the show to discuss tackling her mindset through mantras and working in the service industry

09:21 – Getting out of the debt cycle and what inspired her to write her book, Tipped

16:55 – The pillars of personal finance Band which chapters were the easiest and hardest to write

18:39 – The importance of recognizing social hazards

19:54 – The Jäger bottle story and having the hustle to be an entrepreneurial

27:23 – Being your own Sharon

31:59 – Overcoming the shame that is associated with being a tipped employee

38:49 – One piece of advice tipped employees should heed and one thing to absolutely ignore

43:16 – The last thing Barbara changed her mind about and one thing that he would like people to know about her

44:48 – Jonathan thanks Barbara for joining the show and let’s listeners know where to connect with her and learn more about Tipped Finance

Tweetable Quotes

“I think my early money memories are ones that gave me a scarcity mindset. I remember losing one hundred dollars and walking up and down ten blocks to try to find it because I was so scared to go home and say that I had lost this money.” (02:55)

“I talk about this in the book. When you’re trying to work on your money mindset, I break it down into four groups that I call, ‘Freebies.’ They don’t cost any money really. It’s Charity, Gratitude Identity and Mantras. And those usually free or low cost items that you can do to improve your money mindset.” (05:29)

“I spent twenty years working two careers in tandem. So, in the day I worked in construction and at night I worked in the service industry. I like to say, ‘Dirt in the day and dirty in the evening.’” (11:27)

“It was just a lightbulb moment for me. I realized, ‘Oh, these two reasons, the lack of financial literacy and the lack of benefits, are the reasons I and all of my peers in this group were not getting ahead and building wealth.’” (14:31)

“As people who work in the service industry, we are experts at selling fun, sexy, drinks, food. We’re experts at selling these things and, because of that, we can often become the ultimate consumer.” (19:09)

“The tipped industry is the largest private sector employer in the United States. There’s more than 5.5 million people who work on a tip-based income in the United States. That is more than all doctors, lawyers, and engineers put together. It is a massive industry.” (24:57)

“I think that a very misunderstood part of the industry is that there is a real craft and a real calling in this industry.” (32:56)

“If it’s not high interest bearing, debt is a thing that you hold; it’s not a thing you are. You are not your debt; you just have some debt. It is not something to be ashamed of. It is just something that you’re working on. So, don’t aggressively pay it off. I would so much rather see people invest and pay off their debt than just focus on paying off their debt.” (39:43)

Guest Resources

Tipped Finance Website

Tipped Finance Instagram

Tipped Finance Facebook

Barbara’s LinkedIn

Barbara’s Book

Barbara’s Email

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

030: Kate Bailey - Creating An Equitable World of Work for Female & Minority Business Professionals

Jonathan DeYoe — Fri, 21 Oct 2022 00:30:00 -0500

Kate Bailey is a seasoned entrepreneur and business consultant with over twenty years of in the trenches experience. She’s built two successful businesses by leading nimble, innovative teams and building strong community connections. She’s the founder of TARRA, a flex office and workspace campus with a mission to create a more inclusive and diverse business community through access to vetted business resources, education, and a powerful network of professional women.

Today Jonathan and Kate discuss key money lessons from Kate’s youth, biases and obstacles that female Founders and Executives face on a daily basis, and Kate’s vision for the future of TARRA.

📺 Watch on YouTube

https://youtu.be/gzFVctvH5qc

Key Takeaways

01:04 – Jonathan introduces today’s guest, Kate Bailey, who joins the show to share her entrepreneurial journey and integral business lessons she learned on cash flow, debt and budgeting

09:34 – A key lesson of Kate’s financial life

11:56 – The origin story of TARRA and resources that TARRA offers

17:53 – ‘Grumpy growth’ explained

19:43 – Why Kate is primarily focused on serving women and minority business professionals

23:29 – Biases and roadblocks that female founders and C-Suite executives experience

26:03 – Kate’s mission and vision for TARRA

31:05 – One piece of advice entrepreneurs should pursue and one thing to absolutely avoid

35:30 – The last thing Kate changed her mind about and one thing that he would like people to know about her

37:09 – Jonathan thanks Kate for joining the show and let’s listeners know where to connect with her

Tweetable Quotes

“I joke that I was a bit of an accidental entrepreneur that was always waitin/g to happen because I had a very entrepreneurial spirit as a kid. My whole life, I like to joke, I was a terrible employee because I was always coming into companies and seeing everything that was wrong and wanting to fix them, but I was typically a very junior employee. And I would get very frustrated and I would leave and go do something else.” (03:07)

“Every single dollar that you’re pulling in goes into that bank account, and then every single dollar that you’re spending goes out. And I think that that was the inflection moment of understanding the real world implications of credit, debt, cashflow, etc. And I always say, ‘If it’s not painful, you’re not gonna learn it.’ You can learn the theory and the general concepts behind it. But unless you are actually living that experience, you’re not gonna feel it way down here.” (06:09)

“One of the things that I constantly refer back to is how mad I am that they don’t teach these skills in school - that they don’t teach basic financial accounting, budgeting, cash flow - in high school or college.” (08:21)

“It was the same thing I was experiencing, this sense of isolation, a lack of high quality vetted resources. It was this constant conversation of, ‘where do I find people to hire? I don’t understand accounting.’ And there was a real desire for a collaborative workspace that didn’t feel like an office space. It was this idea of, ‘I don’t really like working from home, but I don’t want to work at a sterile office building either because that’s not really me.’ So, we would convene in coffee shops and hotel lobbies and spaces that felt a little bit more comfortable and accessible. And that’s how TARRA started.” (13:41)

“In between startup and success there is nothing that I found personally that spoke to me - as a professional, as a business owner, as a woman - where I felt like I was getting high quality, affordable, accessible resources. I ended up going to business school because I couldn’t find it. And the reason I decided to go to school was to learn it for myself, but also to find a way to say, ‘how can we break this down into the right kind of content to help these business owners along their journey?’” (18:30)

“There is something that is unbelievably magical about gathering women in a room together to have conversations, to problem solve. Unfortunately, and I wish I didn’t have to say this, we are still dealing with Imposter Syndrome with fear of being wrong or asking the wrong questions. I mean I hear it time and again...and our goal here is just to provide that space where you can ask hard questions.” (22:12)

“I would like the media to pay a little bit more attention to just good, healthy, small businesses because it’s something that will never - to me, at least - go away.” (30:52)

Guest Resources

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

029: Deborah Brown-Volkman - Surrendering to the Metamorphosis of Becoming & Knowing Your Worth

Jonathan DeYoe — Fri, 14 Oct 2022 00:30:00 -0500

Deborah Brown-Volkman is the Founder of Surpass Your Dreams, Inc. She’s a career strategist who provides both career and Executive coaching. She’s written three books on getting the most for yourself out of your career and at work, as well as a couple of books about building your own business or coaching practice. She’s an expert on all things career and today Deborah speaks to Jonathan about career planning, how to know if you’re on the right career path, and understanding the importance of developing a vision for your career.

Deborah talks at length about transparency of pay, how to know if you are underpaid and what specific steps you can take to address this critical component of your career.

📺 Watch on YouTube

https://youtu.be/0KX-BGWOfpc

Key Takeaways

01:13 – Jonathan introduces today’s guest, Deborah Brown-Volkman, who joins the show to share her money story and her thoughts on the human component that is missing from the job market

07:53 – Defining a career vs a job and ‘career planning’

09:44 – How to know if you are on the right career path

11:32 – The process of Becoming and developing a vision for your career

15:28 – Coping with the feelings of being underpaid and resources to combat this

19:41 – Transparency of pay and advice on how to address being underpaid

25:08 – Why sometimes it’s as simple as asking

27:17 – The importance of empowerment and overcoming fear

32:47 – Coaching, career and vinyl record stores

35:28 – The number one action to take before asking for more money at your job

36:43 – Deborah’s latest projects, including her online career goals program

37:30 – The last thing Deborah changed her mind about and one thing that he would like people to know about her

40:09 – Jonathan thanks Deborah for joining the show and let’s listeners know where to connect with her

Tweetable Quotes

“I think that Generation Z gets a bad rap. They say they don’t want to work. I don’t think that’s true. I think they just have more boundaries.” (06:27)

“A job is something you do to pay your bills. A career is something that you do that you love. It should inspire you. It should light you up. It should get you excited.” (08:02)

“How you found your purpose in life is when you’re doing something that you would do even if you didn’t get paid for it - it means that much to you - and that you’re just naturally good at it. I’m naturally good at writing. I’m naturally good at coaching. When I was in the workplace, my favorite part of the job was having conversations with people and coaching people. I never thought I could make it into a profession. It became my profession. It was always going to be my profession, I just didn’t realize it. And, being unhappy in your career really forces you, in a good way, to do some deep dive analysis to ask yourself who you are and what’s important to you. Your purpose unfolds over time as you go through the journey.” (10:18)

“It’s good to have that outside validation because it gives you a little bit more courage to ask for it. For a long time, you would know you were being underpaid, but you didn’t really have anything to hold on to. But the research now gives you the ability to walk into someone’s office and say, ‘Here’s what I’m doing, and I’m not getting paid enough.’” (17:16)

“I think that there’s a self-worth piece and a confidence piece that gets increased when you recognize what you’re worth and you go in there and you ask for it.” (26:48)

“Fear only has power over you when it’s a secret.” (27:57)

“You have to do your legwork. You have to do your research. You want to get a sense of what you’re doing and what it’s worth in the marketplace. That’s the number one thing to do. You can’t ask if you don’t know.” (35:50)

Guest Resources

Deborah’s LinkedIn

Deborah’s Website

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

028: Mark Asquith - Autonomy, Brutal Authenticity & The Evolution of the Podcasting Industry

Jonathan DeYoe — Fri, 07 Oct 2022 00:30:00 -0500

Mark Asquith is one of the UK’s original podcasting experts, known primarily as ‘The British Podcast Guy.’ He is the Managing Director and co-founder of the podcast hosting analytics and monetization platform, Captivate.fm. Mark is known worldwide as an insightful, thought- provoking and actionable podcast industry keynote speaker.

Today, Jonathan and Mark discuss Mark’s funny relationship with money, the connection between brutal authenticity and success, and why Mark has remained steadfast with his definition of success. Mark speculates on the future of the podcasting industry and provides advice for anyone thinking of entering the space.

📺 Watch on YouTube

https://youtu.be/5nFDGVq-uZQ

Key Takeaways

00:57 – Jonathan introduces today’s guest, Mark Asquith, who joins the show to share his funny relationship with money, his professional journey and what led him to podcasting

11:19 – Launching his own digital agency and how Mark became known as ‘The British Podcast Guy’

15:05 – Why Mark’s definition of success has never changed

17:00 – Effective versus Efficient

21:15 – Mark provides his thoughts on the emergence of the podcast industry

27:14 – Speculating on the future of podcasting

32:02 – Encouraging others to start a podcast and building an audience

37:32 – One piece of podcasting advice to implement and one to avoid entirely

41:09 – What makes a great podcast host

43:58 – What came first: Brutal authenticity or success?

44:34 – The last thing Mark changed his mind about and one thing that he would like people to know about him

46:24 – Jonathan thanks Mark for joining the show and let’s listeners know where to connect with him

Tweetable Quotes

“I think the biggest lesson you can have in money is not having any. There’s only one thing that can really teach you about money and that’s when you’ve got just about enough of it, and sometimes not enough of it. That was just a lesson from my life from pretty early on.” (02:50)

“When I used to coach people, I would tell them, ‘When you’re building a business and when you’re doing something that you enjoy doing, you hold yourself to a standard that’s much higher.’ And so, when you give your perceived seventy percent you’re actually giving ninety-five percent of what anyone else would do because you hold yourself to a standard of excellence.” (12:38)

“If you love what you do, you never stop wanting to do the twelve hours. It’s just that you want to do your twelve hours, if that makes sense. The definition of success has really not changed. It’s a very strict thing for me.” (15:50)

“Podcasting became an industry when people like my mum understood that it was alright to get what you want when you want it as enabled by technology.” (21:29)

“The podcasting industry right now has a tendency to basically just say, ‘You shouldn’t start a podcast if you’re not gonna carry on with a podcast,’ which is complete rubbish. Yeah, there might be tens of thousands or millions of dead podcasts out there but who cares? There’s loads of dead YouTube channels. I can’t go watch Firefly anymore or Jericho on TV. That’s done, it’s finished. What am I gonna do? The Godfather hasn’t been remade. It’s done.” (33:17)

“The only way to succeed at anything is to be very good at it. That’s it. Money comes from being very good at something. And the only way you can become good at something is by becoming confident in that thing. And the only way you can become confident is to become competent in it. And the only way to become competent is for it to be the thing that you do all the time without needing to think about doing the thing. You’ve got to enjoy it. You’ve got to love it.” (36:59)

Guest Resources

Mark’s Podcasts:

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

027: Terrie Schauer - Real Estate Investing, Building Mindful Wealth & Getting to Enough

Jonathan DeYoe — Fri, 30 Sep 2022 00:30:00 -0500

Terrie Schauer is a property manager, real estate investor and property-management coach with over twenty years of experience. She holds a Masters and PhD from Oxford and a PhD. She is the leading authority on applying mindfulness principles to real estate investing, and has written the #1 bestselling book on the topic, Mindful Landlord .

Today, Jonathan and Terrie discuss real estate investing, mindful wealth and the concept of getting to ‘enough.’ Terrie reflects on her own entrepreneurial journey, struggling with privilege and advice she has to offer on holistic wealth, financial freedom, and investing.

📺 Watch on YouTube

https://youtu.be/usByCUqRIyM

Key Takeaways

01:06 – Jonathan introduces today’s guest, Terrie Schauer, who joins the show to share the lessons her father instilled in her about money and entrepreneurship

06:10 – Struggling with privilege and earning success

11:29 – How Terrie got involved in property management and real estate investing

18:18 – The Mindful Landlord

20:58 – The type of real estate Terrie invests in

23:03 – Recognizing and getting to ‘enough’

27:55 – Terrie provides the single most important piece of advice that led to her success

30:38 – One piece of real estate investment advice to avoid

34:54 – Terrie’s next project

36:16 – The last thing Terrie changed her mind about and one thing that she would like people to know about her

37:39 – Jonathan thanks Terrie for joining the show and let’s listeners know where to connect with her

Tweetable Quotes

“My dad used to say two things. The first sentence was, ‘In life you can be a hammer or an anvil. Be a hammer.’ And the other is, ‘If you want more money, make more.’” (04:43)

“As an investor, I’m also very transparent about the fact that I started investing with my parents’ money and then that turned into something else after a while. But, I went to see dad for the down payment, and it was dad who co-signed my first couple mortgages. So I had an easier road through that than a lot of people who don’t have that support.” (10:48)

“Coming from a combat sport/martial arts background, if you want to succeed in that environment, your mindset has to be so clean. And I really went through a ten year development period where I was building my martial arts career. But at the same time you have to build your mind into something very strong.” (19:42)

“Getting to enough has nothing to do with luck in the sense of being cognizant of it. I think that we live in a context that’s always trying to push us for ‘more, more, more.’ So, how did I know what was enough? Well, it was a lot of work. It was a lot of introspection and a lot of mindfulness.” (23:26)

“And so it’s not about the dollar figures. It’s about what network are you gonna build and are you gonna get the specific knowledge that you’re gonna be able to implement in your market. And then the best way of doing that is talking to previous grads of whatever program it is.” (32:40)

Guest Resources

The Real Estate Investing Club Podcast

The Mindful Wealth Podcast

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

026: Ryleigh Klimenko - Resiliency, Leadership & Imperfect Action Consistently

Jonathan DeYoe — Fri, 23 Sep 2022 00:30:00 -0500

Ryleigh Klimenko is a highly sought-after business sales coach specializing in helping ambitious coaches and entrepreneurs grow, scale, and close deals. She teaches elite conversational sales and has worked for Bank of America and TD Bank, among other financial institutions, before leaving corporate to begin her coaching practice. She’s the Founder of M3Coaches and is a mentor for the new wave of heart-centered, sales-driven entrepreneurs.

Today, Jonathan and Ryleigh engage in a meaningful conversation on overcoming scarcity mindset, the importance of philanthropy and the ripple effect of great leadership. Ryleigh speaks to her neverending goal of being a heart-based founder looking to help others make an impact in the world.

📺 Watch on YouTube

https://youtu.be/H68JQvzSADc

Key Takeaways

01:14 – Jonathan introduces today’s guest, Ryleigh Klimenko, who joins the show to share her experience with money, what she learned about money during formative years living on a Jamaican farm, and immigrating to the United States

06:11 – Ryleigh’s entrepreneurial journey and how a scarcity mindset drove her to success

11:09 – Finding the balance of raising children to be resilient but not codependent

13:42 – How Ryleigh was able to pay off and unexpected debt of $117,000 in under 18 months

21:26 – Launching her own enterprise amidst a global pandemic

24:22 – Identifying unique leadership styles

31:55 – A monetary ripple effect

40:21 – Ryleigh provides one piece of entrepreneurial advice to implement and one thing to avoid

45:41 – The last thing Ryleigh changed her mind about and one thing that she would like people to know about her

50:01 – Jonathan thanks Ryleigh for joining the show, let’s listeners know where to connect with her and Ryleigh shares a special giveaway for the audience from her website M3Coaches.com

Tweetable Quotes

“I think that the fear of ‘not having’ has always sat with me. Even as far as making the decision to have children, I said, ‘I will do anything to make sure that my children never have to experience what I had to experience.’ I wish that was the end of my story of poverty, but unfortunately when I was eighteen I was kicked out of my family’s house and I was homeless for a period of time. So, during those periods of time experiencing severe lack and severe scarcity of all money, of everything. It shifts your perspective and it makes you a little bit more resilient when it comes to how you navigate things.” (09:21)

“Entrepreneurship requires resiliency. It requires you to be able to look at things, and be able to weather the storm, and to be able to realize that not everything is going to go your way. But by having strategy, by having consistency, and by continuously persevering and keeping your goals in mind, you can actually bring that to life.” (10:39)

“Part of what we do is we help people identify their unique leadership style. And then, we teach them how to style-flex between different leadership modalities that they may need to step into from time to time.” (25:47)

“This idea that we have to have a churn and burn game of taking as many calls as possible or sending out as many DMs, direct messages, as possible, that’s not how this works anymore. It doesn’t have to work this way.” (29:59)

“The more women who have significant wealth in their hands, the more decisions that are made by people who have never actually had the ability to make these types of decisions. Money allows you to make decisions. It allows you to have more of a voice. It allows you to have your voice go further. And so, the more people that I can empower to have more of a voice, to create more impact in their communities, to create more impact in the rest of the world, it becomes a ripple effect.” (39:28)

“Imperfect action consistently is gonna yield you the success that you’re looking for over perfect action inconsistently.” (43:00)

“The key thing that I want to be remembered for is helping others create impact. It’s not about my own impact. It’s not about, ‘Me, me, me.’ I want to help others create a deeper level of impact. I want to help others create wealth. I want to help others shift their family perspective. I want to help others not have to go through poverty, or food insecurity, or all those things that are discomfort . And I want people to realize that being philanthropic, - giving - does not require for you to live without too.” (48:09)

Guest Resources

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

025: Jonathan DeYoe - Earning More Income & Creating Liquidity: The Keys to Achieving Financial Independence

Jonathan DeYoe — Fri, 16 Sep 2022 00:30:00 -0500

Earning more income is one of the three crucial steps that everyone can do in order to achieve financial independence. So far this season we’ve talked about getting finances back in order after trauma, why getting into college increases your income potential, paths to entrepreneurship, resetting your mindset and creating a road map as well as hybrid professionalism.

Today, Jonathan shares four core ways to earn more income and two ways to create liquidity. Jonathan touches on everything from asking for a raise, to reinvesting passive income to showcase how financial independence is possible.

📺 Watch on YouTube

https://youtu.be/1m0tkA8-yLE

Key Takeaways

01:12 – Jonathan speaks to why he has dedicated an entire season to earning more income and introduces today’s topic: Earning More Income & Creating Liquidity

02:28 – Asking for a raise, finding a new job or taking on a part-time job

10:34 – Side hustles and starting your own business

14:09 – The importance of failure to success

16:34 – Spending less and increasing liquidity

26:41 – Turning guilty past purchase reminders into wealth-building assets

27:28 – Reinvesting passive income

29:14 – Jonathan recaps today’s episode and teases next week’s guest

Tweetable Quotes

“Financial independence begins with saving and investing. Financial independence requires a pool of assets that spins off an income that covers your living expenses. And the only way you’ll ever be financially independent is by building this pool of assets.” (01:22)

“The right place values you the right way. If you’re not valued, it just means you’re not in the right place.” (04:41)

“This lifelong learning isn’t a sometimes thing; it’s an always thing.” (07:48)

“There are lots of reasons you may want to earn just a little bit more money. Maybe you’ve got some credit card debt that you want to pay off. Maybe you want to save more towards a specific spending goal. Maybe you want to build that emergency fund. Before you take extra part time work, be sure to know your boundaries. The worst thing you can do is take away from that family time or that personal rejuvenation time.” (09:41)

“I can’t begin to express how big a deal I think starting your own business can be. Even when it fails, the lessons you learn are gonna open doors. They’re going to enable you to do the next thing more successfully.” (14:09)

“Fifty bucks a week in savings at seven percent interest is $34,000 after ten years. It’s almost a quarter of a million dollars after thirty years. Little things become big things in time. And little things require regular effort.” (20:07)

“You can reinvest current passive income to increase the size of future passive income. Compounding is that eighth wonder of the world. It’s what happens when you gather and save your rents until you have another down payment or when you reinvest your dividends to buy more stock.” (28:46)

Guest Resources

Chris Guillebeau’s Side Hustle School

Millennial Money

SCORE

Small Business Administration

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

024: Dyllen Nellis - Transformative Entrepreneurship: How Dyllen Nellis is Helping College Applicants Tell Their Specific Stories

Jonathan DeYoe — Sat, 10 Sep 2022 00:30:00 -0500

Dyllen Nellis is the Founder of Dyllen’s College Essay Advice, an award-winning online course where Dyllen empowers students to discover their sense of self and effectively communicate their personal values, experiences, and potential in well-crafted college essays. In addition to being a young entrepreneur, Dyllen is an undergraduate student at Stanford University.

Today, Dyllen joins the show to discuss what inspired her to launch her business and the resources that helped her curate her course, the importance of highlighting the growth journey in a college essay, and why having a commitment mindset is so critical to success as an entrepreneur.

📺 Watch on YouTube

https://youtu.be/nH-MvPwqk6M

Key Takeaways

00:59 – Jonathan introduces today’s guest, Dyllen Nellis, who joins the show to share her earliest memories of money, the inspiration to launch Dyllen’s College Essay Advice and her journey of self-growth

08:42 – Resources that helped Dyllen curate her course

10:24 – Why a college essay is critical to getting accepted

13:15 – The biggest fears of college applicants and how parents can help

16:45 – Two pieces of advice Dyllen would give to college applicants and one thing to not worry about at all

20:10 – Dyllen’s entrepreneurial journey

24:03 – Revamping and restructuring her course and the biggest challenges she’s faced as a young entrepreneur

30:25 – Having the entrepreneurial mindset of commitment

32:58 – What’s next for Dyllen

36:00 – Another resource that has been critical to Dyllen’s success

36:57 – The last thing Dyllen changed her mind about and one thing that he would like people to know about her

40:40 – Jonathan thanks Dyllen for joining the show and let’s listeners know where to connect with her and learn more about Dyllen’s College Essay Advice

Tweetable Quotes

“It’s really funny, the first thing I ever ‘innovated’ was this thing called a ‘Joy Leaf,’ where I walked outside of my house and there was a leaf on the floor from our tree. And I took it and painted the word, ‘Joy’ on it and I thought, ‘This is my product and I’m going to put it in all of my neighbor’s mailboxes so that they will feel more joy.’ I was trying to help people in that way.” (03:27)

“For me, it was an experience of self-growth. It was a whole journey that I went through, and I learned about myself in ways that I never thought was possible.” (07:32)

“There are always going to be students who have the same exact scores as you, the same activities as you, the same achievements as you, and some people who are way better than you in all those categories. But nobody has your specific story.” (11:38)

“And it’s something that, I feel, students have the most control over, especially when they reach the beginning of their senior year. They’re thinking, ‘Oh no. Am I good enough? I’ve done all these things, but I don’t know if it’s enough to get into these schools.’ Ok, well those things that happened, that’s in the past. Unfortunately, you cannot change those things. But you have the control and the power to write your college essays and make them amazing.” (12:40)

“I learned for myself that the story is not the main experience or that challenge that you faced. Sure, that can be your starting point, but that’s not the main story. The main story is your transformation. It is the growth journey that you went through to unlearn those false beliefs, to become a better person, to strengthen your skills. All the things you learned along the way, that is the story.” (18:48)

“If you have a passion or idea, it’s one thing to have that idea; it’s another thing to do it. The ‘doing it’ part is a lot of work. And so, if someone wants to do that, they better be committed. They better be fully committed to doing that work and learning on the fly.” (31:01)

“I am really into personal growth and the whole mental health and well-being lens. And I think that bleeds into everything that I do, especially in my own business.” (38:30)

Guest Resources

Dyllen’s LinkedIn

Dyllen’s Website

Dyllen’s College Essay Advice

Dyllen’s YouTube

Dyllen’s Instagram

Resources Mentioned:

Gemma Bonham-Carter’s Course Creator School

Gemma Bonham-Carter’s The Passive Project

The College Essay Guy

Make

Books Mentioned:

College Essay Essentials

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

023: Benjamin Wanzo - Creating Social Impact for Underserved Communities & Black and Brown Entrepreneurs

Jonathan DeYoe — Fri, 02 Sep 2022 00:30:00 -0500

Benjamin Wanzo is one of the Co-Founders and Partners of ESO Ventures, a social impact organization created to help black and brown entrepreneurs build competence, increase confidence, and access capital in an environment that isn’t always supportive.

Today, Ben joins the show to share the origin story of ESO Ventures, the various types of businesses they support and the importance of entrepreneurs having access to capital.

📺 Watch on YouTube

https://youtu.be/BkNdPnH8VQ0

Key Takeaways

00:58 – Jonathan introduces today’s guest, Benjamin Wanzo, who joins the show to share his passion for entrepreneurship and how he met his fellow co-founders of ESO Ventures, Alfredo and Martha

07:27 – Ben reflects on early money lessons he learned

10:43 – The origin story of ESO Ventures

14:17 – Four cohorts and Ben’s role at ESO Ventures

17:49 – The different types of businesses that ESO Ventures supports

19:29 – An action-oriented approach

22:09 – How Ben spreads his consulting talents across numerous companies

26:17 – Customer Acquisition, Operations, and Access to Capital

31:53 – Overcoming the hesitancy to take on debt to access capital

35:14 – Ben provides one entrepreneurial practice to implement and one to avoid

40:55 – The last thing Ben changed his mind about and one thing that he would like people to know about him

44:27 – Jonathan thanks Ben for joining the show and let’s listeners know where to connect with him and learn more about ESO Ventures

Tweetable Quotes

“The dream always was to become an entrepreneur. So, after I left McKinsey I became an entrepreneur and created a company called TeachBar, which was a classroom and a cafe all in one space, really to attract students to be in a learning environment and want to stay in that learning environment.” (04:07)

“My football coach used to always say to me, ‘Control your own destiny.’ Of course he was talking about just winning games so we can go to the playoffs, but that message rooted in me as well. Who really controls their own destiny? Typically, if you have the right product-market fit, it’s the entrepreneur.” (08:37)

“The entrepreneurs we want to serve are black and brown underinvested communities. And it’s gonna require a huge investment for them to start their businesses. So, we want to make sure that when they started their business that they weren’t making a huge investment upfront in us.” (12:25)

“Entrepreneurship is a lonely space. You do it. You try it. And, if you’re not around anyone else who’s doing it, you feel like the world is on your shoulders and, if you make one mistake, it’s game over. But, what you don’t realize is there’s fifteen other people who are in that same boat with you. And if you guys can encourage or share your victories or even your losses, it just shows that this is commonplace. This milestone that I did not reach, this failure that I had, is commonplace in entrepreneurship and I just need to keep pushing forward.” (15:46)

“Our primary goal is to stay action-oriented, and all of our competence-based training is pushing entrepreneurs towards action.” (19:46)

“When we started this, we had the confidence and the competence in the incubator. But we quickly realized if we don’t provide access to capital, we’re essentially creating ‘Dreamers.’ And we wouldn’t make impact in our communities because they’re gonna have a great business plan, they’re gonna know how to execute it, but they’re not gonna have money.” (29:16)

“Comparison is the thief of joy, but that’s what social media platforms often have people do is comparing themselves to what they see. So I just encourage folks - especially young folks and especially entrepreneurs - to get off social media for a while.” (39:28)

Guest Resources

Ben’s LinkedIn:

Ben’s Email:

ESO Ventures:

ESO Ventures LinkedIn:

EDO Ventures Facebook:

EDO Ventures Instagram:

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

022: Pleasance Silicki - Remembering Our Beloved Dead, Grief, & Slowing Down

Jonathan DeYoe — Fri, 26 Aug 2022 00:30:00 -0500

Pleasance Silicki is an ayurvedic lifestyle counselor, holistic health coach and the author of Delight: Eight Principles for Living with Joy And Ease. Pleasance has taught mindfulness, stress management and self-care in academic, corporate and private settings and today, she and Jonathan discuss grieving, the transformational power of death, and how our culture deals with death.

Pleasance speaks to the importance of honoring ritual, showing up for others who are experiencing grief and practices we can implement to better understand death.

📺 Watch on YouTube

https://youtu.be/WWk2SgFpBBk

Key Takeaways

01:08 – Jonathan introduces today’s guest, Pleasance Silicki, who joins the show to discuss death, grief and loss

05:38 – Death and culture

08:06 – How we can truly show up for others going through grief

16:14 – Exhaustion and transformation

24:18 – The depth of grief and why there are no time limits on grief

30:26 – Remembering our beloved dead and defining what healthy grief is for each of us

39:23 – Jonathan reflects on feelings of guilt

46:35 – Pleasance provides one practice to implement for those experiencing grief

53:12 – Pleasance reflects on the importance of honoring rituals in our lives

58:33 – The last thing Pleasance changed her mind about and one thing that she would like people to know about her

1:02:13 – Jonathan thanks Pleasance for joining the show and let’s listeners know where to connect with her

Tweetable Quotes

“Talking about death and grief and loss is one of the great mysteries of life. It’s the one thing we all have in common, that we’re all going to die, and everyone we love is going to die, and everything we love is going to die.” (02:32)

“I’m passionate and a lover of learning, studying, and sharing wisdom traditions that have helped humans for all of time.” (06:14)

“Grief is like that. Death is like that. You are different. You are transformed at a cellular level from this loss. And now your mission is, ‘What needs to change? Who am I now? How do I love myself through the grief when I’m not that productive person, when I’m not that healthy and firing on all cylinders?’” (16:14)

“The sensualness of tears, of water, of the element of water and transformation is essential. And to not feel that would be completely disengaged from being embodied. And I really feel like we just need so much more embodiment in the world.” (23:58)

“We want to tell the stories of our beloved dead. We want to remember. It’s so healthy, in my experience. If I could tell you about my grandmother right now, the rest of my day would be filled with her spirit because she was unbelievable and still is because she’s living through me and my children.” (33:01)

“What people can do is listen to the whole body, not just the mind. What other people think you should do is where we all get messed up.” (50:43)

“One of my teachers always says, ‘Prayer is right pace.’ That’s so mind blowingly awesome to me.” (53:47)

Guest Resources

Lil Omm Website:

Pleasance’s Book:

Books Mentioned:

Die Wise:

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

021: Jillian Johnsrud - Living with Intention: A Road Map to Financial Independence

Jonathan DeYoe — Fri, 19 Aug 2022 00:30:00 -0500

Jillian Johnsrud is a speaker and coach within the FIRE (Financial Independence, Retire Early)community. She is also the author of Fire the Haters and achieved financial independence by the age of thirty-two. Jillian helps others chase down a life of intention and adventure on the way to Financial Independence.

Today, Jonathan and Jillian engage in a rich discussion on the power of being intentional, the difference between looking wealthy and actually building wealth, and the importance of maintaining a healthy relationship with work

📺 Watch on YouTube

https://youtu.be/w0-PxGRbCe8

Key Takeaways

01:14 – Jonathan introduces today’s guest, Jillian Johnsrud, who shares early lessons she learned about money

04:40 – Jillian reflects on marrying early and living off a modest annual salary

06:04 – Looking wealthy vs. actually building wealth

10:44 – Financial Independence, Retire Early (FIRE)

14:32 – The flexibility that comes from maintaining a low cost of life and maintaining work-life balance

18:15 – The inspiration to write Fire the Haters

20:45 – Finding an incredibly supportive online community and the three distinct sections of Jillian’s book

28:57 – Jillian provides one practice to implement and one to avoid

33:50 – The last thing Jillian changed her mind about and one thing that she would like people to know about her

38:46 – Jonathan thanks Jillian for joining the show and let’s listeners know where to connect with her

Tweetable Quotes

“I also had this realization that money gives you options; it gives you choices. And in that moment, I desperately wanted more choices and more options than I thought we had.”(03:25)

“We were not on high earning career trajectories. So, I could look rich or I could be rich. But there wasn’t going to be enough money to do both. It was one or the other. So, we opted to actually build wealth instead of just looking wealthy.”(06:47)

“I define a mini-retirement as any time you step away from your 9-5 for a month or longer to focus on something that really matters to you.”(12:07)

“I always internalized this narrative that creative or entrepreneurial work is for other people, for maybe more privileged people, for maybe richer people, for people who don’t need a pay check on Friday...And so I never really pursued it.”(18:47)

“You don’t go through it once and then it’s done. It’s like concentric circles. Every time you grow outside of your comfort zone, there’s a little bit of discomfort there until it becomes familiar and then you grow some more.”(22:32)

“It doesn’t have to be time consuming, but give it an hour a quarter to sit down and to think through, ‘Where do I really want to go? What really matters to me? What’s really important tome? What are my core values?’ Because it becomes like a filter that we can then easily and quickly make other choices with.”(30:14)

“Sometimes work is a little like mint. It’s a little bit invasive and it kind of self cedes. And, if you leave it unchecked, it will spread to the entire box. And the only way you can grow mint outside of a container is to aggressively trim that back constantly; you have to police it. And for me, work is the same way.”(37:34)

Guest Resources

Jillian’s Free 10-Day Video Course:

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

020: Michele Molitor - The Mind Detective: Taming Your Self-Doubt & Discovering That You Are Enough

Jonathan DeYoe — Fri, 12 Aug 2022 00:30:00 -0500

Michele Molitor is a hypnotherapist, coach, speaker, author, and Founder and CEO of Nectar Consulting. Michele has been using her intuitive insights and strategic savvy to support entrepreneurs for nearly thirty years.

Today, Jonathan and Michele dive deep into Imposter Syndrome and other archetypes of self-doubt. Michele speaks to the work she has done with Rapid Transformational Therapy (RTT), the power of positive affirmations, and why it is critical to respond rather than react to self-doubt.

📺 Watch on YouTube

https://youtu.be/nf8IEpkQ_IQ

Key Takeaways

00:59 – Jonathan introduces today’s guest, Michele Molitor, who shares where she got her entrepreneurial spirit and how working with other entrepreneurs has evolved over the years

10:27 – The incredible burst of businesses in the wake of the global pandemic

13:04 – Imposter Syndrome, the debilitating impact it can have, and what causes it

23:44 – Social media and self-comparison

27:52 – The Five Archetypes of Self-Doubt

34:56 – Tips and best practices for combating self-doubt

41:32 – Jonathan shares a personal story of how hypnotherapy helped him as a child

43:59 – Pandemic PTSD

47:33 – One practice to implement to combat self-doubt and one to avoid

54:24 – The last thing Michele changed her mind about and one thing that she would like people to know about her

57:07 – Jonathan thanks Michele for joining the show and let’s listeners know where to connect with her

Tweetable Quotes

“The thought of joining the family business and being under the judgmental eye of my mom, my dad, my brother and my sister, I said, ‘Oh no. That is so not happening.’ So, I actually ran as faraway as I could possibly conceive, which was back to France for me. So, becoming an entrepreneur myself wasn’t something I expected to do. It’s something I kind a stumbled into.”(06:26)

“Job security isn’t so secure anymore. People don’t stay in jobs for ten, twenty, thirty years anymore. It’s just unheard of. And there’s not that level of loyalty I think in corporations nearly as much either.”(11:05)

“One of my favorite quotes is, ‘When you look fear in the face, it turns into the nothingness that it actually is.’”(16:45)

“It’s a level of knowledge and expertise that you bring to the table. When you’re nineteen, you’re still green and still learning. So, I’m learning and I’m putting my big girl pants on and I’m trying to look professional, but I’m still not quite sure who I am yet. I think Imposter Syndrome qualifies more as Imposter Syndrome when you’ve grown a bit more, you’re more mature, you know who you are to degrees, and you’ve had some level of established profession.”(18:00)

“No matter how hard someone tries to separate their business from their personal life, they are the human at the center of all of it. And it’s the beliefs they hold about themselves that have them show up fully or hide out - whether that’s personally or professionally.”(26:53)

“We all deal with self-doubt at some point in our lives; no one escapes it. The trick is learning to recognize it in the moment more quickly, because you’re more self-aware, and then learning how to respond effectively versus react from a place of pain or fear. That’s the crux right there is how do I respond versus react. And that’s where the learning happens.”(34:20)

“If we can take more time to pause in our day, to get quiet, to tune in to our own heart - our owns pirit in that place of mindfulness - to go to that void, that we can get more connected to our own higher self, our own divinity if you will, and let that inform us as to what’s needed now.”(53:10)

Guest Resources

Nectar Consulting Website

Facebook Michele Molitor Coach Page

Rewire For Success group on FB

Self-Doubt Finder Quiz

Online Course: How To Become Unshakeable

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

019: Dr. Sarabeth Berk - Hybrid Professionalism: Working at The Intersection of Multiple Professional Identities

Jonathan DeYoe — Sun, 07 Aug 2022 00:30:00 -0500

Dr. Sarabeth Berk is the leading expert on hybrid-professional identities, author of More Than My Title and an insightful TEDx speaker. Her hybrid title is Creative Disruptor because she works at the intersection of artistry, research, education, and design.

Today, Jonathan and Dr. Sarabeth discuss the work she is doing to help professionals better articulate their hybrid-professional identities and the unique value that identity offers the world.

📺 Watch on YouTube

https://youtu.be/7HjnOzb7h9I

Key Takeaways

01:09 – Jonathan introduces today’s guest, Dr. Sarabeth Berk, who shares her eclectic background as a hybrid-professional and breaks down the three pillars of hybrid-professional identities

07:23 – Intersectionality, explained

12:28 – Common traits of hybrid-professionals and the inspiration behind Dr. Sarabeth’s book, More Than Your Title

17:31 – Why it is important to be self-aware about your role and be able to articulate your ‘hybridity’

22:58 – The five steps of identifying and articulating a hybrid professional role

26:00 – The best advice for differentiating yourself as a hybrid professional

28:22 – How hybridity benefits organizations

31:54 – Hybridity and the evolving landscape of the workspace

35:29 – The last thing Dr. Sarabeth changed her mind about and one thing that she would like people to know about her

36:24 – Jonathan thanks Dr. Sarabeth for joining the show and let’s listeners know where to connect with her

Tweetable Quotes

“I’m one of those people that’s had a multi-faceted career. I have not stayed in one thing. And a lot of that is because I always had this duality of interests. I loved academia and I loved learning, but I also loved art. And, how do you find a career that lets you be artistic but also professional and pays well?”(02:59)

“My definition of hybrid-professional identity is when you have multiple hats and you work at the intersection of those different professional identities. You’re actually integrating as opposed to just separating and being many things.”(07:00)

“How we see ourselves in our work is a noun. And that’s different from the title we usually are labeled. The primary research question that still exists today is ‘who are you at the intersections of your primary professional identities?’”(10:19)

“And so, suddenly, my very diverse background has a connection point which is my hybridity. So it’s you being able to share your value with the world in a way where they understand you the way you want to be seen and making sense is your competitive advantage.”(20:52)

“From a business ROI point of view, hybrid professionals can be at all levels of an organization. They can be at the C-Suite. They can be in management. They are people who are the silo-busters.”(31:06)

Guest Resources

Dr. Sarabeth’s LinkedIn

Dr. Sarabeth’s Website

Dr. Sarabeth’s Instagram

Dr. Sarabeth’s Twitter

Dr. Sarabeth’s YouTube Channel

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

018: Tatiana Tsoir - Dream Bold & Build a Business That Changes Your Life

Jonathan DeYoe — Sun, 31 Jul 2022 00:30:00 -0500

Visionary accountant, empowerment speaker and author, Tatiana Tsoir brings her years of experience as a serial entrepreneur to the show today. Tatiana coined the term, ‘almost- preneurs,’ and helps artists, moms, creatives, and freelancers figure out how to make a living doing what they love.

Today, Jonathan and Tatiana discuss the freedom that entrepreneurship offers, business resiliency, price psychology and the importance of truly understanding your value and worth as an entrepreneur.

📺 Watch on YouTube

https://youtu.be/Hnouet0ZAT4

Key Takeaways

01:09 – Jonathan introduces today’s guest, Tatiana Tsoir, who shares early lessons she learned about entrepreneurship

10:31 – The inspiration behind Tatiana’s book, Dream Bold, Start Smart

12:19 – Validating your idea before launching your business

16:06 – Learning to delegate

17:42 – The importance of knowing your numbers

22:11 – Price psychology and understanding your value

24:09 – The direct correlation between personal goals and business goals

26:30 – Business resiliency

31:27 – How Tatiana has pivoted in her own business

35:09 – One piece of financial advice entrepreneurs should heed and one piece of advice to ignore

37:34 – The last thing Tatiana changed her mind about and one thing that she would like people to know about her

39:58 – Jonathan thanks Tatiana for joining the show and let’s listeners know where to connect with her

Tweetable Quotes

“I didn’t realize that I was running a bookkeeping business until my dad said that phrase, ‘I’m an entrepreneur at heart.’ And I thought, ‘Wait a minute. I’m doing the same exact thing. It’s just a different service.’” (09:10)

“I wrote the book for someone who has a business idea but cannot afford to fail. And so, when I was writing the book, I had moms and creatives in mind. This book came as a result of fifteen years of experience working with small businesses and seeing their ups and downs. I was privy to the most intimate part of it all, the finances. Seeing how people make decisions, how small businesses decide to move forward, I realized that a lot of it has to do with emotions. A lot of it has to do with emotional decisions, which is not always the right choice.” (10:42)

“A lot of people are intimidated by numbers. So, I say that it has to be at least a ‘back of the napkin’ calculation. What’s the initial investment? Do you have that money? If you don’t, how do you get it? Do you look for an investor or a bank loan? Also, every investor or bank loan would ask you, ‘What’s your business plan?’” (17:53)

“Once you understand what your line expenses are, you understand how much you can afford, what you will do if there are zero sales happening, and how you will cover that expense. And you’ll also need to know how to price your product or service to cover your expenses.” (21:31)

“What we do personally directly affects our business. I believe that business is personal. You don’t build a business just for the heck of building a business. You build a business so that you can have a better life. And so, there’s a direct correlation between personal goals and business goals.” (25:29)

“It’s my personal belief that too many entrepreneurs build on just the vision alone and don’t support it by numbers. So, the one thing that anyone can and should do is don’t fake it til you make it when it comes to money numbers and taxes. The earlier you face it, the better and the quicker you’ll go.” (35:32)

Guest Resources

Great bookkeepers make a range of hourly rates, from $25 to $150 an hour and work from anywhere.

Let Tatiana show you how: https://programs.tatianatsoir.com/bbawebregigm

Books Mentioned:

Get Paid What You’re Worth

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

017: Harry Duran - A Spiritual Guide to Entrepreneurship, Mindset and Finding Your Passion

Jonathan DeYoe — Fri, 22 Jul 2022 00:30:00 -0500

Jonathan welcomes Harry Duran, Host of Podcast Junkies and Vertical Farming Podcast and Founder of FullCast. In this episode Harry shares his insights on what it takes to be a successful podcaster, including the importance of focus, productivity, and building relationships.

Harry and the FullCast team also helped launch the Mindful Money podcast and support Jonathan in the production and marketing of these episodes.

📺 Watch on YouTube

https://youtu.be/cU5QXzeihLU

Key Takeaways

22:23 – If you want to start your own business, there are plenty of free resources available. You don't need to pay for everything up front - only pay for what will get you there faster. Focus on learning what you need to take the next step, rather than hoarding knowledge.

26:20 - On building a personal brand - Take the time to build a strong personal brand that will attract an audience and make you stand out from the crowd.

31:59 - The most jarring thing for entrepreneurship, coming out of that disciplined 9-5f is being responsible for your own time and having the disciplines to put in some structure.

Guest Resources

The War of Art - Steven Pressfield

Work the System - Sam Carpenter

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

016: Matthew - Knowledge Today, Wealth Tomorrow

Jonathan DeYoe — Fri, 15 Jul 2022 00:30:00 -0500

Jonathan welcomes Matthew from the Time Value Millionaire Blog to the show to discuss the FIRE Movement, side hustles, and how Matthew turned a passion for personal finance and data into a passive income stream. Matthew is currently 13.2% financially independent and today he talks about why money shouldn’t be taboo, explains Time Value Money and shares how anyone can take control of their situation and start earning more today.

📺 Watch on YouTube

https://youtu.be/VZH7N11Cgcs

Key Takeaways

01:09 – Jonathan introduces today’s guest, Matthew from the Time Value Millionaire Blog, who joins the show to share his career trajectory and his goal to shift money from a taboo topic to something we talk about openly

09:49 – The FIRE (Financial Independence, Retire Early) Movement

16:45 – Why side hustles are crucial

20:57 – What Matthew has learned from running his business

23:30 – The origin story of the Time Value Millionaire Blog

28:35 – Tips and best practices for launching a blog

31:08 – How Matthew measures success

35:36 – Tools that are key to Matthew’s success

45:02 – Playing in the ‘Google Sandbox’ and turning blogs into revenue

51:22 – Ads, affiliate marketing, and other sources of revenue

56:14 – The Time Value Money, explained

1:01:46 – The last thing Matthew changed his mind about and one thing that he would like people to know about him

1:06:37 – Jonathan thanks Matthew for joining the show and let’s listeners know where to follow him

Tweetable Quotes

“I guess the big lesson I learned from childhood was that talking about money shouldn’t bet a boo.”(04:33)

“The whole idea behind financial independence is building the life you want and then saving for it.” (10:45)

“A ‘Time Millionaire,’ as I define it, is someone who measures their wealth in terms of how much free time you have to do whatever you want.” (14:57)

“I think that’s the biggest thing is just always having the long term in mind. And, if you do that you’ll always win as long as you’re consistently executing.” (23:19)

“You’re totally right. Whether it’s Dungeons and Dragons or beekeeping, there’s always something that people are searching for. It doesn’t matter what topic. As long as you’re passionate about it and you like writing about it, you’re good to go.” (42:01)

“I think that’s the other business model that a lot of people can pursue, which is developing your own products and selling them directly to your readers.” (55:43)

“So, it’s really doing the due diligence on our part to understand what our specific data is telling us, using those historical averages from reputable websites to understand what we can expect. And then plugging the formula into a calculator and we get a realistic number on what we need to achieve our goal.” (1:01:05)

Guest Resources

Time Value Millionaire

Matthew’s Email

Matthew’s Twitter

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

015: David DeYoe - Doing Well By Doing Good: A Different Path to Having a Greater Impact

Jonathan DeYoe — Fri, 08 Jul 2022 00:30:00 -0500

Jonathan takes a moment to reflect on what inspired him to launch this podcast project, the work he and his brother planned on doing to help improve the financial lives of others and the legacy he hopes to accomplish both for himself and in memory of his brother.

Jonathan reflects on his career arc and highlights five specific areas of personal finance and five basic characteristic traits to enable success. He speaks to the concept of doing well by doing good and shares his goals for Season Two of Mindful Money and beyond.

📺 Watch on YouTube

https://youtu.be/Wt9P2VQn6WU

Key Takeaways

01:11 – Jonathan introduces the audience to his brother, Dave, and opens up about the plans they had to help improve the financial lives of others before Dave unexpectedly passed away

03:14 – Jonathan recaps his early career, mentors that inspired him and the decision to start his own company

07:08 – A different path to having a greater impact

10:59 – The Vanguard Model

14:18 – Jonathan gets vulnerable and tells the story of his brother’s untimely death

15:08 – The Five Specific Areas of Personal Finance

19:01 – Five Basic Characteristic Traits to Enable Success

20:29 – Jonathan teases topics he’ll cover on Season Two of the Mindful Money Podcast

25:09 – Two asks Jonathan has for the audience

Tweetable Quotes

“We started talking about bringing his knowledge of technology, social media and how to reach a broader number of people, together with my knowledge about personal finance and creating a company that leveraged both of these strengths. We were gonna come together to do good and to do well by doing good.” (07:42)

“I still had to make decisions about the tech stack, and I had to do the HR, and I had to make sure everyone was doing their jobs. And that’s just not my role. What I really like to do is I like to sit down with clients and talk about their personal finances.” (09:24)

“What Vanguard did differently is they eliminated the incentive problem. Vanguard, the company is owned by the funds themselves, which are owned by the investors in the funds. Vanguard maintains this mutual-ownership structure to this day. So, when Vanguard grows and grows and serves more and more clients, they don’t need to generate more profits. Instead, they take the benefits of size and they reduce the costs to their shareholders, who also happen to be their owners.” (12:50)

“The reality is that there is incredible value in good advice. But, most people don’t have access to it or don’t know it when they see it. Just like everyone recognizes Vanguard today, we hope that everyone would recognize Mindful Money tomorrow.” (14:05)

“There’s so many opportunities today to earn more. There are skills to develop. There are businesses you can start. There are side hustles. The opportunities are endless for you to invest in yourself and improve your earning ability.” (15:39)

“Once you’re in the habit of saving and you have an emergency fund all filled up, every additional savings penny should be invested.” (18:01)

“You have to be persistent. The only way you will ever be successful is you have to keep moving forward. It will never be in a straight line, but you gotta keep moving in the right direction.” (20:21)

Guest Resources

Jonathan’s Book – https://www.amazon.com/Mindful-Money-Practices-Financial- Increasing/dp/1608684369/ref=asc_df_1608684369/?tag=hyprod- 20&linkCode=df0&hvadid=241916856624&hvpos=&hvnetw=g&hvrand=7949215981444107153 &hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9004216&hvtargid=pl a-356162236315&psc=1

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

014: Searching for Enough: Season One Wrap

Jonathan DeYoe — Fri, 01 Jul 2022 00:30:00 -0500

After an incredible first season, Jonathan reflects on some of the incredible guests he’s had the privilege of interviewing and calls out key lessons each guest shared. From life planning with George Kinder to the concept of ‘Enough’ with Gary Ray and dozens of insights in between, Jonathan has shared in truly impactful conversations.

Jonathan talks about how influential his brother was in his life, how he has navigated grief and what the future holds for Season Two of Mindful Money.

📺 Watch on YouTube

https://youtu.be/kFjFsXstoZM

Key Takeaways

01:06 – Jonathan recaps an incredible first season of the Mindful Money podcast, reads some listener reviews, and encourages others listeners to leave a review and rating

02:32 – The paradox of personal financial and the big impact Jonathan wants to make in the world

05:35 – Jonathan recaps his first four conversations with George Kinder, Leisa Peterson, Kathryn

Peyton, and Robin Treasure

09:48 – Reflecting on his next four conversations with Pamela Slim, Mark Silver, Bari Tessler, and Tom Corley

14:55 – Jonathan recaps his final four conversations with Jennifer Rayner, Debbie Allen, Gary Ray, and Katheen Rehl

20:54 – Jonathan highlights two incredibly powerful concepts from this first season and thanks all of the guests who joined him for Season One

Tweetable Quotes

“So many people are held hostage through this idea that there is some specialized knowledge beyond the very basics that can give you an edge when it comes to investing. The paradox is the less time you spend working on your portfolio, the better. The more time you spend working on yourself, the better.”(02:37)

“So this podcast is a way for me to highlight people that I think are doing great work, to interview them, to ask them questions, and to maybe hone some of those questions and answers into specific things that people can do to improve their own lives.”(05:07)

“I was raised in a world where we didn’t have, but we believed. My parents didn’t have wealth. We didn’t have a lot of stuff. I didn’t have a lot of choices. But they told me that I could succeed. They instilled in me the belief in myself of making a difference in my own life.”(07:31)

“One of the things that I haven’t done a lot with clients who already are successful, but one of the things I want to do more of is help people build the original income that can lead to the savings that can lead to the investing that can lead to the wealth.”(10:25)

“The conversation with Gary around ‘Enough’ is incredibly powerful. For him, it’s not about money; it’s about time. He wants time with his son. He wants time doing what he loves. And I know he has that time. He’s not wealthy, but he is happy because of that idea of ‘enough’ and how he defines that ‘enough.’ And he’s going to be fine financially as well.”(19:31)

“We are all free. We have our choices in front of us. We have a responsibility to make those choices, to seek our best selves, to live our best lives.”(21:46)

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

013: Holly Morphew - Twenty Percent Strategy & Eighty Percent Mindset: A Financial Impact System That Everyone Can Use

Jonathan DeYoe — Fri, 24 Jun 2022 00:30:00 -0500

Award-winning financial coach, author and speaker Holly Morphew joins the show to discuss her incredible journey from debt to financial freedom. Holly is the author of Simple Wealth: The Practical Guide to Transform Your Relationship with Money and Live in Abundance and today she breaks down her Financial Impact System that has helped to improve the financial situations of so many.

Jonathan and Holly discuss her work in financial literacy, the importance of believing and investing in yourself and why everyone should own a business at some point in their lives.

📺 Watch on YouTube

https://youtu.be/5rvf3Y-OavA

Key Takeaways

01:06 – Holly Morphew discusses her unique upbringing and the mindset her family instilled in her around money

06:25 – ‘Discovering’ $67,000 in credit card debt

09:58 – A series of financial awakenings

13:30 – Common financial misconceptions and living in an abundance mindset

20:18 – Holly breaks down her Financial Impact System

22:58 – Creating residual income

26:04 – Defining financial independence and how it differs from retirement

31:00 – One thing listeners can do today to improve their financial wellbeing and one thing to avoid

34:05 – The importance of investing in yourself

37:27 – Why everyone should have a business

46:36 – The last thing Holly changed her mind about and one thing she wishes people knew about her

48:42 – The next big thing for Holly and where to follow and connect with her

Tweetable Quotes

“At the time, I was a member of Rotary International. And so I just went to them with this idea. I said, ‘I have an idea for a service project. What if I go to local high schools and I teach young adults about money before they graduate, and get in the real world, and start making all the mistakes that my friends and I were making.’ And they loved the idea and that’s how it began.” (03:45)

“Ultimately, what I know about myself now is I was always meant to be an entrepreneur. I was always meant to work for myself. And I always wanted to get to that kind of life, but I didn’t really know how to do it.” (10:49)

“I do think that it’s a privilege to tune out what the world is telling us. And anyone can do it; this is free. It’s your choice.” (19:21)

“Building wealth is twenty percent strategy and eighty percent mindset.” (20:51)

“The definition of financial independence is the point when the income that you receive from sources other than a job can pay for your expenses.” (27:28)

“Really, when you think about money, it is just this intangible thing that we are creating more of every day. The government is printing more of it every single day. We’ve got new cryptocurrency coins all the time. When you really start to think about money, it truly is infinite and you can call more of it into your life.” (35:17)

“That feeling of accomplishing the pillars of wealth and then getting really good at defaulting to healthier habits just takes practice. There’s no such thing as perfection when it comes to money. It’s just about doing your best. And every day is an opportunity to practice.” (46:08)

Guest Resources

Holly’s Website – https://www.financialimpact.com/

Holly’s Instagram – https://www.instagram.com/hollymorph/?hl=en

Holly’s Facebook – https://www.facebook.com/FinancialImpactSystem

Holly’s Twitter – https://twitter.com/HollyMorph

Holly’s YouTube – https://www.youtube.com/channel/UCyu44ljnKKXTrAYlEeBUmbg

Holly’s LinkedIn – https://www.linkedin.com/in/hollymorph/

Holly’s Book – https://www.amazon.com/Simple-Wealth-Practical-Transform-Relationship-ebook/dp/B08TYW2JT3

Money Date Guide – https://www.financialimpact.com/money-date-guide/

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

012: Kathleen M. Rehl - Financial Advice for Widows & Enjoying ReFirement

Jonathan DeYoe — Fri, 17 Jun 2022 00:30:00 -0500

CFP and PhD Kathleen Rehl has had many careers spanning from academia to financial advisory. Most recently, Kathleen has continued penning pieced about widows and money and speaking at selected conferences and events. She is the author of Moving Forward On Your Own: A Financial Guidebook for Widows .

Today, Kathleen reflects on the death of her husband, speaks to how it impacted her and her business, and provides financial and personal advice for widows and widowers.

📺 Watch on YouTube

https://youtu.be/Rb4EEYNZ2fs

Key Takeaways

01:03 – Kathleen Rehl shares her experience growing up in a four-generation family, early money lessons and her decision to leave academia

08:10 – What inspired Kathleen to write Moving Forward On Your Own: A Financial Guidebook for Widows

13:17 – How Kathleen’s business changed after the death of her husband

16:28 – Kathleen reflects on previous work she’s done with widows and how the experience varies with expected and unexpected deaths

25:03 – Pension, insurance and other general financial surprises that impact widows

26:40 – Basic financial advice Kathleen would give to widows and some of the biggest financial mistakes widows make

31:39 – Support systems and the importance of checking in

34:33 – Financial matters a widow should focus on

38:43 – Resources from Kathleen’s website

45:26 – The last thing Kathleen changed her mind about and one thing she wishes people knew about her

49:28 – Kathleen talks about her ‘ReFirement’

51:48 – Jonathan thanks Kathleen for joining the show and lets listeners know where they can connect with her

Tweetable Quotes

“I didn’t know - with my husband gone - if I was going to be able to continue the business without him. But, my assistant stepped up and took on some more responsibilities and we kept going. I pulled back for a little bit and all my existing clients were very understanding. But I found that I didn’t step back for very long because work was what made sense to me.” (14:10)

“Every situation is unique. And, just because it happened like this for me, doesn’t mean that it’s gonna fit this widowed person over here. But generally, if it was an anticipated death versus an unanticipated death, for many folks out there if it’s an anticipated death, they will start doing some of the things in advance that they need to do planning for this time. Whereas if it’s an automobile accident and they are just gone, they haven’t had time to put a lot of those things in place.” (18:59)

“If you look at men and women, eighty percent of all women when they die are gonna be alone or not married. Eighty percent of men die married.” (21:58)

“That’s where I got a lot of comfort. I had one lady friend who had lost her husband two years before and I had assisted her with some financial matters. That first week, she came over several times in the evening. She brought her crocheting with her. And there were some evenings that she’d just sit crocheting and I’d just sit going through the sympathy cards. But she was there. She was a presence with me.” (32:35)

“Be careful about people who are looking to take advantage who might be potential spouses. When I re-entered the dating game, a very wise widow said to me, ‘Kathleen, be careful. You don’t want to get together with somebody who is looking for you to be their purse or their nurse or their mother.’” (39:57)

“I call it reFirement with a capital ‘F.’ It’s not retirement, it’s reFirement. And, for me, the ‘Fs’ are: family, friends, fitness, focus, and fun.” (49:37)

Guest Resources

Kathleen’s Website – https://www.kathleenrehl.com/

Kathleen’s Facebook – https://www.facebook.com/kathleen.rehl

Kathleen’s LinkedIn – https://www.linkedin.com/in/kathleen-m-rehl-ph-d-cfp%C2%AE-ceft%C2%AE-emeritus-30178421/

Kathleen’s Book – https://www.amazon.com/Moving-Forward-Your-Own-Financial/dp/0984579303

Soaring Spirits International – https://soaringspirits.org/

Modern Widows Club – https://modernwidowsclub.org/

Jane Fonda and I Happily Agree About Drinking After 60 – https://sixtyandme.com/abstinence-from-drinking/

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

011: Gary Ray - Entrepreneur Games: The Wickedly Complex World of Running a Small Business

Jonathan DeYoe — Fri, 10 Jun 2022 00:30:00 -0500

Gary Ray is the CEO of Black Diamond Games and the author of Friendly Local Game Store: A Five-Year Path to Middle-Class Income. A former IT engineer and project manager, Gary made the decision to start his own business focused on everything from board games and trading card to classic games and collectibles.

Today, Gary and Jonathan talk about some of the early financial lessons Gary learned and what inspired him to open his own store. Gary shares advice and best practices for small business owners, including paying yourself first, understanding the value of time vs. money, and setting aside funds for retirement. Gary touches on his lengthy journey as an entrepreneur, the evolution he underwent as a business owner and his Mexican travel dream.

📺 Watch on YouTube

https://youtu.be/J2Y396_T47c

Key Takeaways

01:07 – Gary Ray shares his earliest experiences with money and debt, his background in IT, and what inspired him to pursue an entrepreneurial dream of running his own store

07:58 – The origin story of Black Diamond Games

10:46 – Critical lessons Gary learned in launching a business

14:42 – The value of time vs. the value of money

21:05 – Gary’s Mexican travel dream and the importance of being stubborn

25:14 – Paying yourself first and planning for retirement

27:51 – One piece of advice Gary would give to other small business owners and one financial concept to ignore

30:26 – The Boy Scout story

33:53 – Financial lessons Gary hopes to instill in his son

35:35 – The last thing Gary changed his mind about and one thing he wishes people knew about him

38:18 – Jonathan thanks Gary for joining the show and lets listeners know where they can connect with him and Black Diamond Games

Tweetable Quotes

“Business plans are half research, half bullshit speculation. A business plan basically says, ‘we’re going to be successful and here’s how we’re going to do it.’ And you don’t know if you’re gonna be successful. You just know you’re going to spend a bunch of money, people are gonna give you their money, and at the end you’re going to have a reasonable profit margin. What’s a reasonable profit margin? I didn’t even know the answer to that until I started asking questions and figuring it out.” (11:30)

“A good competitor is great, but there’s a lot of bad competitors. And the sign of a bad competitor is they’re undercapitalized, they get desperate, and they do stupid things and they ruin things for you.” (14:09)

“It [owning a business] is wickedly complex and difficult. It’s the most complex thing I’ve ever seen. It’s taken me seventeen years to understand how it works and I’m still learning on a day- to-day basis.” (24:11)

“Everything for me comes down to habits. If I can habitualize my behavior then I will continue doing it.” (29:03)

Guest Resources

Black Diamond Games Website – https://blackdiamondgames.com/

Gary’s Facebook – https://www.facebook.com/garyraybdg1

Gary’s Blog – http://blackdiamondgames.blogspot.com/

Gary’s Twitter – https://twitter.com/blackdiamondca

Gary’s Book – https://www.amazon.com/Friendly-Local-Game-Store-Middle-Class/dp/0981884075

Gary’s LinkedIn – https://www.linkedin.com/in/gary-ray-0b42b89/

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

010: Debbie Allen - Mentoring, Learning & Shameless Self-Promotion

Jonathan DeYoe — Fri, 03 Jun 2022 00:30:00 -0500

Debbie Allen is an author, business mentor, brand strategist, and the number one authority on expert positioning. Debbie runs a mentoring program for experts where she leverages her decades of entrepreneurial wisdom and business building experience to successfully mentor a diverse group of small business owners, entrepreneurs and franchise owners.

Today, Debbie and Jonathan talk about mutually beneficial mentor-mentee relationships, the importance of mindset and personal development and why success is so contingent on being a lifelong learner.

📺 Watch on YouTube

https://youtu.be/-kM18ION_sc

Key Takeaways

01:07 – Debbie Allen shares her scrappy entrepreneurial origin story and talks about how mentors were vital to her success

09:35 – Debbie defines both what a mentor is and what a mentor does

11:59 – What to look for in a good mentor-mentee relationship

13:52 – Debbie speaks to the diverse range of clients she works with

20:44 – Personal development and the importance of mindset

28:55 – Shameless self-promotion

33:28 – Learning via Summits and other video platforms

37:34 – Debbie expounds on the work she’s doing with her mentoring program for experts

43:13 – Debbie talks about her latest book, Success Is Easy

48:55 – The last thing Debbie changed her mind about and one thing she wishes people knew about her

51:14 – Jonathan thanks Debbie for joining the show and lets listeners know where they can follow her

Tweetable Quotes

“You can sell a very successful business and give it to the right people. But, again, if they don’t have that drive to want to learn or a mentor to follow, it’s really hard. Solo entrepreneurship isn’t solo. You have to have a mentor all the time to be successful.” (09:19)

“It doesn’t matter, your age. It doesn’t matter if you know how to do it. Ever business I started I didn’t know how. You find people to help you. That passion and excitement just keeps you moving forward.” (17:34)

“It’s crazy to think you’re gonna start a business on a shoestring budget. You just can’t. It’s gonna take you so much longer to be successful.” (23:52)

“You promote yourself in the service of others. So, if you’re not talking about your programs, what you’re offering, how you help people, you’re not only robbing yourself of more income. You’re robbing them of the opportunity to work with you and make a difference.” (30:08)

“When you’re that true entrepreneur, you’re a lifelong learner. You’re always looking for that next thing.” (44:51)

“I’m here to help people. And so, when I’m not as motivated, or not feeling as confident, it isn’t about me anymore. It’s about the people that I help.” (51:05)

Guest Resources

Expert Positioning Success Website – https://debbie-allen.mykajabi.com/expert-positioning-strategy-call

Debbie’s Website – https://debbieallen.com/

Debbie’s Facebook – https://www.facebook.com/DebbieAllenInternational

Debbie’s YouTube – https://www.youtube.com/user/dallen7001

Debbie’s LinkedIn – https://www.linkedin.com/in/debbieallenspeaker/

Debbie’s Books:

Success Is Easy – https://www.amazon.com/Success-Easy-Shameless-No-nonsense-Strategies/dp/1599186470

The Highly Paid Expert – https://www.amazon.com/gp/product/B07J1BWCC1/ref=dbs_a_def_rwt_bibl_vppi_i0

Insider Secrets of International Speaking – https://www.amazon.com/gp/product/B01BDCRJMU/ref=dbs_a_def_rwt_bibl_vppi_i2

Skyrocketing Sales! – https://www.amazon.com/gp/product/1419510487/ref=dbs_a_def_rwt_bibl_vppi_i4

Confessions of Shameless Self-Promoters – https://www.amazon.com/gp/product/0071462023/ref=dbs_a_def_rwt_bibl_vppi_i3

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

009: Jennifer Rayner - Feel Better, Do Better: A New Perspective on Money & Financial Wellbeing

Jonathan DeYoe — Fri, 27 May 2022 00:30:00 -0500

Jennifer Rayner is a retirement plan consultant and the founder of Moniwell, a revolutionary text-based financial wellbeing program. She and Jonathan share a passion for financial literacy and a recognition that people need easily accessible education customized to their needs at a particular time.

Today, Jennifer and Jonathan engage in a discussion about employer-offered retirement plans, how to differentiate between participation and engagement of these plans and what inspired Jennifer to launch Moniwell. Jennifer speaks to the importance of financial self- efficacy, provides some sage advice on what employees can do right now to enhance their financial wellbeing and discusses her non-profit organization, Mindfulness of Money.

📺 Watch on YouTube

https://youtu.be/EMqBkJESHRY

Key Takeaways

01:11 – Jennifer Rayner shares some of the financial mistakes she made in her early life, her resiliency as an entrepreneur, and her passion for financial literacy

09:48 – What employees should expect to be educated about with regards to their retirement plans

13:24 – Engagement vs. Participation in retirement plans such as a 401(k)

16:14 – The inspiration to create Moniwell and what Moniwell offers

30:01 – Financial self-efficacy and other content that’s covered via Moniwell texts

33:41 – The work Jennifer is doing through her non-profit organization, Mindfulness of Money

36:43 – Two things employees can do right now to enhance their financial wellbeing and financial content to ignore

44:46 – The last thing Jennifer changed her mind about and one thing she wishes people knew about her

47:45 – Jonathan thanks Jennifer for joining the show, lets listeners can go to follow her

Tweetable Quotes

“That’s when I started thinking about how can I make a difference, do something that I’m passionate about and find something that truly I have passion in and that I don’t ever really want to retire. And that’s when I fell into this idea of a different way to approach employees about their financial situations.” (09:18)

“So, obviously participation rates in 401(k) plans are much higher. The average is - don’t quote me on this - like 70% are actually participating. There’s a difference between engagement and participation. Participation is they’re in the plan, they’re putting something in, they have a balance. Engagement is engaging in other financial wellness products that will make a difference outside of ‘did they put anything in their 401(k) plan or are they saving enough?’ Those are two different things. That’s apples and oranges as far as I’m concerned.” (14:03)

“Moniwell is this concept of feel better, do better. If employees feel better about their money situation, they will be motivated to do better.” (19:07)

“There’s an underlying concept of financial self-efficacy which is your belief in your ability to succeed. And, if you don’t have it, you’re not gonna get anywhere.” (30:16)

Guest Resources

Jennifer’s LinkedIn– https://www.linkedin.com/in/jenniferrayner/

Moniwell Website – https://moniwell.com/testdrive/

Moniwell LinkedIn – https://www.linkedin.com/company/moniwell/

Mindfulness of Money Non-Profit – https://mindfulnessofmoney.org/

Mindfulness of Money Twitter – https://twitter.com/Moni_Confident

Mindfulness of Money LinkedIn –https://www.linkedin.com/company/mindfulness-of-money/about/

Other Links Mentioned:

The Disruptors Documentary – https://disruptorsfilm.com/see-the-film?gclid=CjwKCAjwp7eUBhBeEiwAZbHwkTIoYY0XyCK95_wLrPJPggWKaHTDOU0ZrHPfJJW5iW75sKbVkdUdYhoCpjkQAvD_BwE

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

008: Tom Corley - Studying the Wealthy to Cultivate Rich Habits

Jonathan DeYoe — Fri, 20 May 2022 00:30:00 -0500

Tom Corley is a CPA/CFP and holds a Master's Degree in Taxation. He also is the best-selling author of the Rich Habits book series, which include, Rich Habits , Rich Kids , Change Your Habits, Change Your Life , and Effortless Wealth , among others. Tom understands the difference between being rich and poor, having experienced it firsthand at a young age.

Today, Tom shares his story of overcoming adversity and what inspired him to research the wealthy and launch over 200 daily habits. Tom identifies specific habits that are critical to financial wellbeing as well as which ones to avoid and expounds on why it’s incredibly difficult to break out of poverty.

📺 Watch on YouTube

https://youtu.be/J16CJykqMyg

Key Takeaways

00:55 – Tom Corley shares how his experience with money growing up impacted his career and adult life greatly

09:25 – Studying the wealthy and the inspiration to start the Rich Habits book series

15:15 – The importance of knowing what to do and what not to do

20:04 – Pushback and criticism Tom has encountered throughout his career

29:06 – A scientific explanation for the formation of a habit

32:46 – Why it is so difficult to break out of poverty and Tom’s mission of outreach to the poor

37:35 – Two habits people can work on today to improve their financial wellbeing

41:29 – Two bad habits to avoid

47:02 – Jonathan thanks Tom for joining the show, lets listeners can go to follow him and his research and teases a future conversation with Tom

50:55 – Hustle culture and how to turn it off

52:47 – Tom’s next big project

Tweetable Quotes

“Almost always the things that happen to you as a child follow you into adulthood. It’s not just the emotional experiences, it’s the habits that are forged in childhood.” (03:53)

“The money lesson I learned growing up was don’t save, because if you save somebody in your poor family is going to take that money from you.” (05:28)

“I’m in the self-help and personal development space along with Tony Robbins and all these other people that I’ve met. And they always focus on what wealthy and successful people do. I always say, that only gets you halfway down the football field. It’s nice to know what to do, but you also have to know what not to do.” (15:15)

“The way habits work is when you start a new behavior that you want to forge to become a habit, the group of neurons lights up in your brain. Now, once you start repeating that behavior, after a couple of weeks, the basal ganglia - which is sort of a golf ball sized mass of nerve cells in the brain - sends up a dendrite. And then the dendrite communicates back to the prefrontal cortex that this could be a habit.” (29:06)

“Passion is the brain’s way of alerting you to the existence of an innate talent that you possess.” (39:36)

“I came from a household that was rich and that was poor and let me tell you, rich is great. Being poor sucks. I want people to know that I know what both sides are like and you’ve got to do whatever you can to get out of poverty.” (45:17)

Guest Resources

Tom’s Website – https://richhabits.net/

Tom’s Facebook – https://www.facebook.com/thomas.c.corley.3

Tom’s Twitter – https://twitter.com/RichHabits

Tom’s YouTube Channel – https://www.youtube.com/user/RichHabits10

Tom’s Books:

Rich Habits – https://www.amazon.com/gp/product/B00IDJGVT4/ref=dbs_a_def_rwt_bibl_vppi_i0

Change Your Habits, Change Your Life – https://www.amazon.com/gp/product/9388247132/ref=dbs_a_def_rwt_bibl_vppi_i5

Rich Habits, Poor Habits – https://www.amazon.com/gp/product/B01N0T44BD/ref=dbs_a_def_rwt_bibl_vppi_i2

Rich Kids – https://www.amazon.com/gp/product/B00NF3ZZJA/ref=dbs_a_def_rwt_bibl_vppi_i3

Effortless Wealth – https://www.amazon.com/gp/product/B087KTPBM7/ref=dbs_a_def_rwt_bibl_vppi_i4

Books Mentioned:

The Millionaire Next Door – https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

007: Bari Tessler - Money Healing, Savvy Practices and Big Picture Financial Visioning

Jonathan DeYoe — Fri, 13 May 2022 00:30:00 -0500

Bari Tessler is a financial therapist, author and founder of The Art of Money. For over twenty years, Bari has worked with individuals, couples, and entrepreneurs to provide them with a more creative, mindful and deep approach to money. Today, Bari brings that knowledge and expertise to discuss her three phases of deep money work: Money Healing, Money Practices and Money Maps. Bari talks about self-compassion, understanding the emotions surrounding money and your money story, and how to overcome universal money challenges that can be overwhelming at times.

📺 Watch on YouTube

https://youtu.be/AuN2t5WythE

Key Takeaways

00:52 – Bari Tessler discusses her upbringing and how it impacted her financial life moving forward

10:01– From psychology at Naropa University to bookkeeping to financial therapy

19:47 – Self-compassion and The Art of Money

21:56 – Becoming aware of your money story

25:50 – The importance of going on ‘Money Dates’

33:45 – Money Maps and making sound money decisions

37:24 – Universal money challenges that overwhelm most of us

42:07 – Two financial tips that can improve your financial well-being

46:46 – Top trends to ignore in the financial space

50:42 – How Bari is raising her son to think about money

55:05 – The last thing Bari changed her mind about

56:52 – Bari’s next big projects and where listeners can go to learn more

Tweetable Quotes

“At the age of thirty-two, I decided to start my own work and that’s when I created my methodology. And my husband said, ‘Oh you’re doing financial therapy.’ He named it, so he’s always been my namer. And I thought, ‘Wow, that’s a great name.’” (17:57)

“Awareness is something that many of us don’t have, or we feel we have too much of, or we have a hyper-vigilance of. And so, how can we start welcoming in a practice like the Body Check-In before, during, and after.” (25:35)

“Money dates can be with yourself. They can be with your spouse or your partner. They can be with your family. Money dates can be five minutes a day at the beginning. It may just be going online to check your balances. Or going online and checking your balances to see the transactions to see if there’s anything funny.” (28:17)

“For me, most of my money decisions are based on time, money, energy, family and health.” (36:33)

Guest Resources

Bari’s Website – https://baritessler.com/

Bari’s Facebook – https://www.facebook.com/baritessler

Bari’s Instagram – https://www.instagram.com/baritessler/

Bari’s Books:

The Art of Money: https://baritessler.com/art-of-money-book-2/

The Art of Money Workbook: https://baritessler.com/art-of-money-workbook/

Books Mentioned:

The Opposite of Spoiled:

https://www.amazon.com/Opposite-Spoiled-Raising-Grounded-Generous/dp/0062247018/ref=asc_df_0062247018/?tag=hyprod-20&linkCode=df0&hvadid=312177564685&hvpos=&hvnetw=g&hvrand=3889354781202364267&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9004216&hvtargid=pla-491693543208&psc=1&tag=&ref=&adgrpid=60258870697&hvpone=&hvptwo=&hvadid=312177564685&hvpos=&hvnetw=g&hvrand=3889354781202364267&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9004216&hvtargid=pla-491693543208

The Importance of Being Little:

https://www.amazon.com/Importance-Being-Little-Children-Grownups/dp/0143129988/ref=asc_df_0143129988/?tag=hyprod-20&linkCode=df0&hvadid=312543040920&hvpos=&hvnetw=g&hvrand=149365350058765130&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9004216&hvtargid=pla-301998303971&psc=1

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

006: Mark Silver - Enlightening Entrepreneurs To Approach Money with Heart, Spirituality and Compassionate Patience

Jonathan DeYoe — Fri, 06 May 2022 00:00:00 -0500

Mark Silver has been helping entrepreneurs create authentic marketing programs that feel good to them for over two decades. After being introduced to Sufi-based healing work, Mark launched The Heart of Business and has been helping good people create sustainable businesses ever since. Today, Mark shares lessons on understanding our relationship with money, embracing ethical business practices and empowering a spiritually-oriented, heart-centered approach to money and business.

📺 Watch on YouTube

https://youtu.be/-xONUeCyYJQ

Key Takeaways

00:51 – Jonathan opens the show with some appreciation for recent listener reviews

01:29 – Mark Silver shares how an early business lesson led to a journey of activism

07:18 – Defining ‘The Heart of Business’

09:19 – Embracing sound, ethical business practices and building the business you want to build

14:45 – Leaning in and finding the love in an often cruel financial world

18:08 – Our relationship with money

20:43 – Empowering entrepreneurs to take control of their futures

28:19 – Mark reflects on a meaningful success story from his work

32:16 – The last thing Mark changed his mind about

34:08 – One thing that Mark wishes people knew about his

34:55 – Jonathan thanks Mark for joining the show and lets listeners know where to connect with him

Tweetable Quotes

“The ‘Heart of Business’ is, in Sufi spiritual terms, everything is an expression of the divine, of oneness, of the source of love. Everything comes from love and everything returns to love. The heart is where the locus of connection is. The heart - from a Sufi point of view of course - is how we connect to the oneness and the infinite.” (07:31)

“Business has done terrible things. And what we’re trying to do is we’re trying to do business from the heart, with integrity and still be successful. You still want to provide for yourself. You still need to make money, and pay the mortgage, and have a retirement, and all of those things. But you can do that without following in the footsteps of morally and ethically bankrupt business practices.” (10:49)

“Actions arise out of relationships. If you have an unhealthy relationship, you’ll be making unhealthy decisions and taking unhealthy actions. But if you have a healthier relationship, then you can make healthier decisions and you can take healthier actions that will move you in a direction that you want to go in.” (17:51)

“So many of our clients carry these kinds of things. Whether it’s chronic illness, or trauma, or single moms or queer community or trans. There’s a lot of folks who just have pieces of their life that are not often represented or accounted for in mainstream culture. And being an entrepreneur is a wonderful way to kind of forge your own path when work situations are not very equitable.” (26:07)

“It’s so beautiful because people feel so empowered when they do embrace their sovereignty and they do realize they can make the business exactly how they want. And they can make these decisions from love and care, without leaving themselves out of the equation. And they can do things with integrity. I feel so humbled witnessing that happen over .” (27:54)

Guest Resources

Mark’s Website – https://www.heartofbusiness.com/

Link to Heart of Business Assessment – https://www.heartofbusiness.com/free-stuff/

Mark’s LinkedIn – https://www.linkedin.com/in/marksilverhob/#experience

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

005: Pamela Slim - An Empathetic Approach to Realizing Your Earning Power

Jonathan DeYoe — Fri, 29 Apr 2022 00:30:00 -0500

Pamela Slim is a business coach and co-founder of K’é Main Street Learning Lab, a grassroots community-based think tank for small business acceleration. She is also the author of multiple works, including Body of Work, Escape from Cubicle Nation , and The Widest Net. Today, Jonathan and Pamela engage in a rich discussion on building empathy and trust with clients and the importance of having a values-based mission and vision. Pamela speaks to her earliest experiences with money, explains The Ecosystem Model from her book, The Widest Net , and shares what motivates and inspires her to continue the work she’s doing.

📺 Watch on YouTube

https://youtu.be/blbdJpoLPEE

Key Takeaways

00:56 – Pamela Slim shares how early lessons on money shaped how she views finances today

07:31 – Corporate coaching, a passion for grassroots economic change, and escaping Cubicle Nation

12:22 – How Pamela defines success with her clients/Helping people make better decision about earning money

15:16 – Common goals and fears Pamela has observed from the clients she works with

21:19 – Pamela speaks to her book, The Widest Net

26:05 – The metaphor of business systems and farming

28:32 – Why strong mission and value statements are essential to Pamela’s method

36:02 – The Ecosystem Model, explained

41:41 – The last thing Pamela changed her mind about

45:22 – One thing that Pamela wishes people knew about her

48:23 – Jonathan thanks Pamela for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“I spent a lot of time abroad. In that path, I have always been and always will be very passionate about grassroots economic change. Not a top-down model where you parachute in a model from elsewhere or a bunch of money from elsewhere, but really harnessing the strength and skills from folks that are on the ground.” (08:28)

“My role, and what I tell every client when we start working together, is really to support and strengthen their leadership so they feel better, stronger, and more capable. I help them to be more secure in their decisions, more grounded in their own identity, more sure about their own point of view and their own thought leadership.” (13:10)

“The question and some of the concerns that come in are: what is my own capacity for earning? What does it mean to really increase my earnings? There’s never an issue about wanting to make an impact, but sometimes we have to explore a deliberate connection between how are you making your money, how are you marketing, how are you implementing your ethics and integrity and operating in a capitalist system, which we know has some big limitations, and yet doing work in a sustainable way.” (16:23)

“For me, The Widest Net is really about creating an unbroken net that underlies an overall community or ecosystem. So, no matter what happens, no matter how far somebody falls, there are other people who are there to catch. We are building a really powerful and strong foundation.” (21:42)

“If I can use my life force for the rest of my life to make people feel stronger, more confident, more capable, and with more choices around how they earn money, that’s how I really want to be spending my time.” (29:16)

“I get as excited and filled with dopamine as anybody else when you look at possibility. When I blend it with a lens on inclusion, equity, just certain patterns that, if there’s not substantial change and awareness and analysis, then it is unlikely that there will be any kind of shift in power and wealth. That’s a part that, for me, I would love if it becomes pervasive, extensive wealth for all.” (44:51)

Guest Resources

Pamela’s Website – https://pamelaslim.com/ke/

Pamela’s LinkedIn – https://www.linkedin.com/in/pamelaslim

Pamela’s Instagram – https://www.instagram.com/pamslim/?hl=en

Pamela’s Books:

Body of Work – https://www.amazon.com/Body-Work-Finding-Thread-Together/dp/1591846196/ref=asc_df_1591846196/?tag=hyprod-20&linkCode=df0&hvadid=312111907622&hvpos=&hvnetw=g&hvrand=15152070695528859851&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9004216&hvtargid=pla-453838270925&psc=1

Escape From Cubicle Nation – https://www.amazon.com/Escape-Cubicle-Nation-Corporate-Entrepreneur/dp/0425232840/ref=sr_1_1?crid=9S8GZ30OKNH&keywords=escape+from+cubicle+nation&qid=1651164531&s=books&sprefix=escape+from+cubicle+nation%2Cstripbooks%2C93&sr=1-1

The Widest Net – https://www.amazon.com/Widest-Net-Untapped-Discover-Customers/dp/1264266790

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

004: Robin Treasure - Helping Others Achieve Their Financial Goals & To Shine Their Light

Jonathan DeYoe — Fri, 22 Apr 2022 00:30:00 -0500

Robin Treasure is a top-performing sales coach and the best-selling author of Heart Powered Sales. After a successful first career in Rome and San Francisco as an Italian translator, she transitioned into sales with the key transferable skill needed in any capacity, in any language: emotionally intelligent communication. Today, Robin shares her experiences with money growing up and how following her heart has led to success in each of Robin’s career paths. Robin debunks the stigma associated with sales and discusses the different, yet equally valuable, skills that men and women bring to the profession.

📺 Watch on YouTube

https://youtu.be/mU42QGgSpkU

Key Takeaways

00:50 – Robin Treasure shares how her upbringing and following her heart led to her success in multiple different careers

10:23 – Embracing the fact that you’re always selling something

14:10 – Understanding the stigma behind sales

18:49 – Believing in what you’re selling

23:09 – Robin shares her belief that just about anyone can be good at sales

25:52 – Unique gifts that men and women bring to sales

27:40 – How Robin was able to translate her skills into wealth for her family, future and community

32:01 – The last thing Robin changed her mind about

34:24 – One thing that Robin wishes people knew about her

35:42 – Jonathan thanks Robin for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“For my parents, their goal was not to make money or be wealthy. They wanted to be wealthy in other ways. And they did achieve that by living the life that they desired and living out their dream of building a log cabin on a mountain top.” (03:43)

“I always followed my heart. And what that does is it provides me the guidance on what is my next best step and what am I meant to be doing and how can I show up in the world in the best possible way and do something that I love and have a positive impact on the world at the same time.” (07:35)

“Embrace sales because it’s not a dirty word. In fact, the way you deliver your gifts is to make a sale.” (11:54)

“If you can show up and be that person who serves, who educates, who helps guide your prospect along that decision making path, you’re providing a great service so that you can transform and not fit into that stereotype or persona of that sleazy salesman.” (18:23)

“Men and women each have unique gifts to bring to the table. Women are particularly gifted with the ability to listen and to be attune to what other people are feeling. And when you’re in sales, being attune to your prospects' feelings, needs, and wants is incredibly important.” (26:04)

“What do you do with the earnings that come in? Not just spending, saving and investing; it goes beyond that. Those earnings can enable you to do something more impactful and more meaningful.” (28:36)

“Truly, beyond the mission of helping sales professionals to realize their personal and professional goals, my desire and mission is truly to help others shine their light. Each of us has a light to shine and sometimes we need permission in order to shine it fully. And that’s what I’m here to do.” (35:12)

Guest Resources

Robin’s Website – https://www.robintreasure.com/

Robin’s LinkedIn – https://www.linkedin.com/in/robin-treasure-2683305

Robin’s Book – https://www.amazon.com/Heart-Powered-Sales-Exponentially-Emotional-Intelligence-ebook/dp/B09RGS2ZNM

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

003: Kathryn Peyton - Helping People Reach Their Financial Dreams with Purpose

Jonathan DeYoe — Fri, 15 Apr 2022 00:30:00 -0500

Kathryn Peyton is a certified financial advisor at Abacus Wealth. At an early age, Kathryn was impacted by her parents’ financial habits of care and caution around money. But then, something changed for Kathryn as she began to realize that successful investing is attainable for everyday people. Thus began a lifelong fascination with all things money- and economics- related.

Today, Jonathan and Kathryn talk about the work they both do as advisors in helping to set their clients up for financial success. Kathryn speaks to the joy she received when her clients see their financial future making sense and growing more secure. Kathryn discusses the importance of choosing a financial advisor based on the personality fit and the ability to truly be heard. She talks about two of the most basic, yet important, rules for a successful financial life and some of the financial resources she likes to consume.

Kathryn believes that the system for saving money and building wealth in this country is corrupt, overly complex and impossible to navigate for many folks. My job is to be a translator and a door opener, and to help people reach their dreams in a conscious, purposeful way.

📺 Watch on YouTube

https://youtu.be/BVDAgstZ7So

Key Takeaways

00:01 – Jonathan introduces today’s guest, Kathryn Peyton, who joins the show to share some of the

early lessons she learned about money growing up

04:51 – Shifting financial dynamics between men and women

07:29 – Kathryn’s journey to becoming a financial advisor

14:21 – Kathryn speaks to her role and how she manages her clients expectations

17:03 – The incredible value that advisors can provide

20:04 – Three critical questions to ask potential advisors

21:46 – Differentiating between what does and doesn’t work

25:48 – Resources that Kathryn reads on a regular basis

31:07 – Something Kathryn changed her mind about recently

32:01 – One thing that Kathryn wishes people knew about her

33:58 – Jonathan thanks Kathryn for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“I would say that the most profound money lesson that I got was that money, or lack thereof, can change everything for a family in an instant.” (02:17)

“The reason I really got interested in investing was because my husband has always been the primary breadwinner and I always managed the financial side of life.” (08:49)

“Abacus has a very specific investment philosophy and outlook. And it works for a lot of people really well, but it doesn’t work for everybody.” (15:30)

“The most important question really is not a question at all; it’s a personality fit. You want to make sure that you feel comfortable talking to that person, that they listen to you, and that they hear what you’re saying and they don’t steer you in a specific direction.” (20:18)

“Those are probably the two most important things of a nitty gritty financial life. It’s living below your means and automating everything.” (23:22)

“I’m in this job for a purpose. There’s a reason that I’m here. It’s not just because I’m interested in a topic. It’s because I feel like it’s really hard to do this well. There are so many ways to get lost and to get tracked in the wrong direction. And it’s so hard to figure out what the right thing to do is. And I have seen that impact with my parents, with friends and with clients. I really do have a personal mission about doing this job.” (32:17)

Guest Resources

Kathryn’s LinkedIn – https://www.linkedin.com/in/kathrynpeyton/

Kathryn’s Email – Kathryn@abacuswealth.com

Link to Kiplinger Magazine – https://subscription.kiplinger.com/

Link to AARP Magazine – https://www.aarp.org/?_ga=2.267441230.1351018858.1649989667-1600706723.1649989667

Link to Barry Ritholtz’s Blog – https://ritholtz.com/

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

002: Leisa R. Peterson - Overcoming Financial Trauma and Teaching with Empathy

Jonathan DeYoe — Fri, 08 Apr 2022 00:00:00 -0500

Leisa Peterson is the Founder of The Wealth Clinic and author of the Amazon best-seller The Mindful Millionaire. Leisa is also the host of The Mindful Millionaire podcast, a show that features inspiring discussions, interviews and commentary aimed at teaching self-mastery and practical financial wisdom. Leisa is a mindfulness teacher and long-time finance-pro, who joins the show today to share her expertise. Today, Jonathan and Leisa touch on the topic of financial trauma and how it can have such a profound impact on a person’s financial future. Leisa provides her thoughts on the dangers of having a scarcity mindset and what affect it can have on your finances. They talk about the importance of teaching financial literacy, especially to young people, in order to foster financial success. Finally, Lesia speaks to the value of applying a mindful approach to money and highlights a bold move each of us can aspire to for a better financial future.

📺 Watch on YouTube

https://youtu.be/FwNGo9jNB_k

Key Takeaways

00:03 – Jonathan introduces today’s guest, Leisa Peterson, who joins the show to share some of the early lessons she learned about money growing up and discusses the concept of financial trauma

07:27 – Leisa provides examples of financial trauma she’s witnessed throughout her career

15:23 – Lesia reflects on her own career development

20:20 – How trauma affects financial success

25:35 – The dangers of having a scarcity mindset

26:53 – The importance of teaching young people financial literacy

32:02 – The Less Than Fifty Percent Rule

36:15 – Questioning the assumptions of what you value

39:08 – Something Leisa changed her mind about recently

41:13 – One thing that Leisa wishes people knew about her

42:53 – Jonathan thanks Leisa for joining the show and lets listeners know where to learn more about her

Tweetable Quotes

“You have to control your destiny because your destiny is not going to just deliver itself on your front porch.” (05:45)

“What I think is first and foremost the most important thing is that you can’t just tell yourself affirmations or read a book to change how you feel about yourself. What I have seen is you actually need to be in the presence of a mentor and a group of people who are shifting that at the same time. You have to be an example of it on a regular basis.” (08:28)

“I am in a ‘Take Out More’ space because I am enough, because I see the value that I’m creating in the world. And that starts to create feedback loops because the business, or the money, starts to come in but it’s fueled by this sense of self that is not prideful but fully enveloping the life and the care and the compassion and the love that we bring into what we’re doing. It’s a much fuller experience than most people give themselves permission to live.” (14:19)

“It’s helpful to show people their patterns, such as, ‘This is what it feels like to be stuck in scarcity and let me show you what it looks like on the other side because I want you to be able to do this for yourself in the future.’ And I’ll start to show them the possibilities that they’re not even aware.” (26:12)

“The idea that you could have all of your necessity expenses at less than fifty percent of the income coming into your home is a game changer.” (33:13)

Guest Resources

Leisa’s Websites – https://www.wealthclinic.com/

https://www.mindfulmillionairebook.com/

Leisa’s Podcast –

https://podcasts.apple.com/us/podcast/mindful-millionaire-with-leisa-peterson/id1507801376

Leisa’s Book:

The Mindful Millionaire –

https://www.amazon.com/Mindful-Millionaire-Overcome-Experience-Prosperity/dp/1250261910/ref=asc_df_1250261910/?tag=hyprod-20&linkCode=df0&hvadid=509245866633&hvpos=&hvnetw=g&hvrand=15624224005950802587&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9004216&hvtargid=pla-923685320075&psc=1

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

001: George Kinder - Making Money the Servant, Not the Master

Jonathan DeYoe — Thu, 31 Mar 2022 09:00:00 -0500

George Kinder is the Founder of The Kinder Institute of Life Planning and the author of multiple bestsellers, including The Seven Stages of Money Maturity and Life Planning for You. He has revolutionized financial advice for more than 35 years by training over 4,000 professionals in 30 countries in the field of financial Life Planning. George has won many awards in the financial planning industry, and was named one of the thirty-five most influential people in financial services.

Today, Jonathan and George talk about the psychology of money and where George’s unique perspective on money originated. George expounds on The Three Domains of Freedom and why he believes that life outcomes are more important than financial ones. Finally, George talks about his current project, Reflections on Spectacle Pond, which is being released serially (for free) via email.

Watch on YouTube

https://youtu.be/ShrEFj27Ubg

Key Takeaways

00:43 – Jonathan introduces today’s guest, George Kinder who joins the show to share some of the early lessons he learned about money growing up

05:32 – George expounds on his views on money

07:48 – Where George’s unique perspective on money originated

10:52 – Why life outcomes are more important than financial outcomes

12:10 – The Three Domains of Freedom

16:13 – The transition from financial advisor to training financial advisors

22:31 – The psychology of money

25:45 – Financial tips and best practices

30:35 – What people should ignore when it comes to finances

31:50 – The art of inner listening

35:37 – Jonathan thanks George for joining the show and asks a couple of closing inquiries

Tweetable Quotes

“As I’ve grown older and explored more, I think that the lessons were deeper, and earlier, and richer, and went back even before money was a conscious thing for me.” (03:39)

“Money is an abstraction. What’s important is life, each of our lives, and the freedom we feel in life.” (04:57)

“I want to live with my writing, with my spirit, with my graphics, with my art. I want to live like an artist. I want to live completely free in that world so that what I bring into the world is pure, and unusual, and intriguing, and not governed by financial forces.” (11:27)

“I think the Dalai Lama said this, but I completely concur. I think it’s an enormous moral failure in America, and in the West, that three men own as much as half of the American population own.” (15:36)

“Saving is really valuable. The more you can save, the better. And the more early on you can save and put it to use so it compounds, it’s just amazing.” (26:58)

“When I think about what I would love as a tombstone - what people might say about me - is that he encouraged us to be more of who we are. He encouraged us to be more ourselves.” (37:07)

Guest Resources

George’s Websites – https://www.kinderinstitute.com/george-kinder/

https://www.georgekinder.com/

Reflections on Spectacle Pond: The Weekly Edition

George’s Books:

Seven Stages of Money Maturity –

https://www.amazon.com/gp/product/B006V3E2YU/ref=dbs_a_def_rwt_bibl_vppi_i0

Life Planning for You –

https://www.amazon.com/gp/product/B00KOEXZIQ/ref=dbs_a_def_rwt_bibl_vppi_i2

Transforming Suffering Into Listening –

https://www.amazon.com/Transforming-Suffering-into-Wisdom-Mindfulness/dp/0979174333

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

000: What is Mindful Money?

Jonathan DeYoe — Wed, 19 Jan 2022 09:00:00 -0500

Do you struggle with money? You’re not alone.

Money is a means, not an end. It’s a necessity of life for sure, but more money does not always guarantee a “good life”. Money enables many aspects of modern life, but as a dominant consideration it becomes destructive.

The paradox is that more time and energy spent on personal finance does NOT create better outcomes. Unlike many other parts of life, we can’t create better outcomes by being smarter, spending more time, or putting in more effort.

Join Mindful Money author and experienced 40-year investor Jonathan DeYoe as he shares stories from artists, authors, entrepreneurs, and other advisors about how they mindfully minimize their need to think about money and get more out of life.

If you aren’t happy with your finances, feel like money takes more time that it should, or want to place your financial decisions into the broader context of your life, this show is for you.

Each episode will draw the line between the “enough” activities that the academics tell us are additive to family outcomes, and those “little bit more” efforts that take time and sap energy, but do NOT improve outcomes.

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage