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 YouTubehttps://youtu.be/VZH7N11Cgcs (https://youtu.be/VZH7N11Cgcs) Key Takeaways01:09 – 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 Resourceshttps://www.timevaluemillionaire.com/ (Time Value Millionaire) Matthew’s Email https://twitter.com/TVM_FIRE (Matthew’s Twitter ) Mindful Money ResourcesWebsite - https://mindful.money/ (https://mindful.money/) Jonathan DeYoe on LinkedIn - http://linkedin.com/in/jonathandeyoe (http://linkedin.com/in/jonathandeyoe) Mindful Money on Twitter - https://twitter.com/MindfulMoney_Ed (https://twitter.com/MindfulMoney_Ed) Mindful Money on Facebook - http://facebook.com/MindfulMoneyPlan (http://facebook.com/MindfulMoneyPlan) Mindful Money on Instagram - http://instagram.com/mindfulmoneyplan (http://instagram.com/mindfulmoneyplan) Mindful Money on YouTube - https://www.youtube.com/c/MindfulMoney?sub_confirmation=1 (https://www.youtube.com/c/MindfulMoney) 🎙️ Podcast Production and Marketing by https://fullcast.co (FullCast) https://mindful.money/mindful-money-podcast (Back to Podcast Homepage) This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 YouTubehttps://youtu.be/Wt9P2VQn6WU (https://youtu.be/Wt9P2VQn6WU) Key Takeaways01:11 – 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 ResourcesJonathan’s Book – https://www.amazon.com/Mindful-Money-Practices-Financial- Increasing/dp/1608684369/ref=asc_df_1608684369/?tag=hyprod- 20andlinkCode=df0andhvadid=241916856624andhvpos=andhvnetw=gandhvrand=7949215981444107153 andhvpone=andhvptwo=andhvqmt=andhvdev=candhvdvcmdl=andhvlocint=andhvlocphy=9004216andhvtargid=pl a-356162236315andpsc=1 (https://www.amazon.com/Mindful-Money-Practices-Financial- Increasing/dp/1608684369/ref=asc_df_1608684369/?tag=hyprod- 20andlinkCode=df0andhvadid=241916856624andhvpos=andhvnetw=gandhvrand=7949215981444107153 andhvpone=andhvptwo=andhvqmt=andhvdev=candhvdvcmdl=andhvlocint=andhvlocphy=9004216andhvtargid=pl...

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 YouTubehttps://youtu.be/kFjFsXstoZM (https://youtu.be/kFjFsXstoZM) Key Takeaways01:06 – 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 ResourcesWebsite - https://mindful.money/ (https://mindful.money/) Jonathan DeYoe on LinkedIn - http://linkedin.com/in/jonathandeyoe (http://linkedin.com/in/jonathandeyoe) Mindful Money on Twitter - https://twitter.com/MindfulMoney_Ed (https://twitter.com/MindfulMoney_Ed) Mindful Money on Facebook - http://facebook.com/MindfulMoneyPlan (http://facebook.com/MindfulMoneyPlan) Mindful Money on Instagram - http://instagram.com/mindfulmoneyplan (http://instagram.com/mindfulmoneyplan) Mindful Money on YouTube - https://www.youtube.com/c/MindfulMoney?sub_confirmation=1 (https://www.youtube.com/c/MindfulMoney) 🎙️ Podcast Production and Marketing by https://fullcast.co (FullCast) https://mindful.money/mindful-money-podcast (Back to Podcast Homepage) This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 YouTubehttps://youtu.be/5rvf3Y-OavA (https://youtu.be/5rvf3Y-OavA) Key Takeaways01:06 – 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 ResourcesHolly’s Website – https://www.financialimpact.com/ (https://www.financialimpact.com/) Holly’s Instagram – https://www.instagram.com/hollymorph/?hl=en (https://www.instagram.com/hollymorph/?hl=en) Holly’s Facebook – https://www.facebook.com/FinancialImpactSystem (https://www.facebook.com/FinancialImpactSystem) Holly’s Twitter – https://twitter.com/HollyMorph (https://twitter.com/HollyMorph) Holly’s YouTube – https://www.youtube.com/channel/UCyu44ljnKKXTrAYlEeBUmbg (https://www.youtube.com/channel/UCyu44ljnKKXTrAYlEeBUmbg) Holly’s LinkedIn – https://www.linkedin.com/in/hollymorph/ (https://www.linkedin.com/in/hollymorph/) Holly’s Book – https://www.amazon.com/Simple-Wealth-Practical-Transform-Relationship-ebook/dp/B08TYW2JT3 (https://www.amazon.com/Simple-Wealth-Practical-Transform-Relationship-ebook/dp/B08TYW2JT3) Money Date Guide –...

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 YouTubehttps://youtu.be/Rb4EEYNZ2fs (https://youtu.be/Rb4EEYNZ2fs) Key Takeaways01:03 – 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 ResourcesKathleen’s Website – https://www.kathleenrehl.com/ (https://www.kathleenrehl.com/) Kathleen’s Facebook – https://www.facebook.com/kathleen.rehl (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/ (https://www.linkedin.com/in/kathleen-m-rehl-ph-d-cfp%C2%AE-ceft%C2%AE-emeritus-30178421/) Kathleen’s Book –...

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 YouTubehttps://youtu.be/J2Y396_T47c (https://youtu.be/J2Y396_T47c) Key Takeaways01:07 – 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 ResourcesBlack Diamond Games Website – https://blackdiamondgames.com/ (https://blackdiamondgames.com/) Gary’s Facebook – https://www.facebook.com/garyraybdg1 (https://www.facebook.com/garyraybdg1) Gary’s Blog – http://blackdiamondgames.blogspot.com/ (http://blackdiamondgames.blogspot.com/) Gary’s Twitter – https://twitter.com/blackdiamondca (https://twitter.com/blackdiamondca) Gary’s Book – https://www.amazon.com/Friendly-Local-Game-Store-Middle-Class/dp/0981884075 (https://www.amazon.com/Friendly-Local-Game-Store-Middle-Class/dp/0981884075) Gary’s LinkedIn – https://www.linkedin.com/in/gary-ray-0b42b89/ (https://www.linkedin.com/in/gary-ray-0b42b89/) Mindful Money ResourcesWebsite - https://mindful.money/ (https://mindful.money/) Jonathan DeYoe on LinkedIn - http://linkedin.com/in/jonathandeyoe (http://linkedin.com/in/jonathandeyoe) Mindful Money on Twitter - https://twitter.com/MindfulMoney_Ed (https://twitter.com/MindfulMoney_Ed) Mindful Money on Facebook - http://facebook.com/MindfulMoneyPlan (http://facebook.com/MindfulMoneyPlan) Mindful Money on Instagram - http://instagram.com/mindfulmoneyplan (http://instagram.com/mindfulmoneyplan)...

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 YouTubehttps://youtu.be/-kM18ION_sc (https://youtu.be/-kM18ION_sc) Key Takeaways01:07 – 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 ResourcesExpert Positioning Success Website – https://debbie-allen.mykajabi.com/expert-positioning-strategy-call (https://debbie-allen.mykajabi.com/expert-positioning-strategy-call) Debbie’s Website – https://debbieallen.com/ (https://debbieallen.com/) Debbie’s Facebook – https://www.facebook.com/DebbieAllenInternational (https://www.facebook.com/DebbieAllenInternational) Debbie’s YouTube – https://www.youtube.com/user/dallen7001 (https://www.youtube.com/user/dallen7001) Debbie’s LinkedIn – https://www.linkedin.com/in/debbieallenspeaker/ (https://www.linkedin.com/in/debbieallenspeaker/) Debbie’s Books: Success Is Easy – https://www.amazon.com/Success-Easy-Shameless-No-nonsense-Strategies/dp/1599186470 (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 (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 (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...

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 YouTubehttps://youtu.be/EMqBkJESHRY (https://youtu.be/EMqBkJESHRY) Key Takeaways01:11 – 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 ResourcesJennifer’s LinkedIn– https://www.linkedin.com/in/jenniferrayner/ (https://www.linkedin.com/in/jenniferrayner/) Moniwell Website – https://moniwell.com/testdrive/ (https://moniwell.com/testdrive/) Moniwell LinkedIn – https://www.linkedin.com/company/moniwell/ (https://www.linkedin.com/company/moniwell/) Mindfulness of Money Non-Profit – https://mindfulnessofmoney.org/ (https://mindfulnessofmoney.org/) Mindfulness of Money Twitter – https://twitter.com/Moni_Confident (https://twitter.com/Moni_Confident) Mindfulness of Money LinkedIn –https://www.linkedin.com/company/mindfulness-of-money/about/ (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 (https://disruptorsfilm.com/see-the-film?gclid=CjwKCAjwp7eUBhBeEiwAZbHwkTIoYY0XyCK95_wLrPJPggWKaHTDOU0ZrHPfJJW5iW75sKbVkdUdYhoCpjkQAvD_BwE) Mindful Money...

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 YouTubehttps://youtu.be/J16CJykqMyg (https://youtu.be/J16CJykqMyg) Key Takeaways00:55 – 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 ResourcesTom’s Website – https://richhabits.net/ (https://richhabits.net/) Tom’s Facebook – https://www.facebook.com/thomas.c.corley.3 (https://www.facebook.com/thomas.c.corley.3) Tom’s Twitter – https://twitter.com/RichHabits (https://twitter.com/RichHabits) Tom’s YouTube Channel – https://www.youtube.com/user/RichHabits10 (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 (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 (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 (https://www.amazon.com/gp/product/B01N0T44BD/ref=dbs_a_def_rwt_bibl_vppi_i2)...

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 YouTubehttps://youtu.be/AuN2t5WythE (https://youtu.be/AuN2t5WythE) Key Takeaways00:52 – 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 ResourcesBari’s Website –https://justanotherrunner.net/ ( )https://baritessler.com/ (https://baritessler.com/) Bari’s Facebook – https://www.facebook.com/baritessler (https://www.facebook.com/baritessler) Bari’s Instagram – https://www.instagram.com/baritessler/ (https://www.instagram.com/baritessler/) Bari’s Books: The Art of Money: https://baritessler.com/art-of-money-book-2/ (https://baritessler.com/art-of-money-book-2/) The Art of Money Workbook: https://baritessler.com/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-20andlinkCode=df0andhvadid=312177564685andhvpos=andhvnetw=gandhvrand=3889354781202364267andhvpone=andhvptwo=andhvqmt=andhvdev=candhvdvcmdl=andhvlocint=andhvlocphy=9004216andhvtargid=pla-491693543208andpsc=1andtag=andref=andadgrpid=60258870697andhvpone=andhvptwo=andhvadid=312177564685andhvpos=andhvnetw=gandhvrand=3889354781202364267andhvqmt=andhvdev=candhvdvcmdl=andhvlocint=andhvlocphy=9004216andhvtargid=pla-491693543208...