Mindful Money

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.

https://youtu.be/SHwG_UvBN_E

00:56 - The Characteristics of Profit-Seeking Businesses

07:11 - Profitability in Business Locations

13:06 - The Power of Benefit and Uniqueness

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

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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.

https://youtu.be/_28S8RAIG5o

00:00 Human Ingenuity in Investing

14:46 Great Companies Refusing to Lose Money

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

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.

https://youtu.be/bEVqfA34-e8

(00:34) Minimizing Money Thoughts and Building Wealth

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

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

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.

https://youtu.be/G4FPyb7H7wM

(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

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

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.

https://youtu.be/B5C2RyYg5Sk

(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

Modern Family Finance

Mindful Money

TED Talk

Books Mentioned:

Your Money or Your Life

The Simple Path to Wealth

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

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.

https://youtu.be/YIZd8ELRT3g

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

“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)

Spencer’s Website

Free Tools from Spencer

Spencer’s Book

Spencer’s LinkedIn

Spencer’s Instagram

Spencer’s Twitter

Spencer’s Facebook

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

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

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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

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.

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

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

“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)

Elizabeth’s Website

Elizabeth’s LinkedIn

Elizabeth’s Instagram

Elizabeth’s Twitter

Elizabeth’s Facebook

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

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.

https://youtu.be/Diyd_yqe6lE

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

“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)

Ann’s Website

Ann’s LinkedIn

Ann’s Book

Ann’s Facebook

Ann’s YouTube

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

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.

https://youtu.be/g7RZFxsGaeY

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

“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)

Julia’s Website

Julia’s Facebook

Julia’s Book

Julia’s Email

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

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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.

https://youtu.be/oQXyWmrHCgY

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

“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)

Money Love Institute Website

Abby’s LinkedIn

Abby’s Instagram

Abby’s Twitter

Abby’s Book

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

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