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Welcome to Nerd Pocketbook’s Smart Money podcast, where we address your real-world money concerns.

This week’s episode includes a discussion with writer Joe Saul-Sehy regarding making handling your funds enjoyable. Personal money Nerd Kim Palmer talks with Saul-Sehy regarding methods for budgeting, conserving and also settling financial debt that do not have to be a drag.

Check out this episode on any one of these systems:

Before you develop a spending plan

Nerd Pocketbook breaks down your investing and also reveals you means to conserve.

Our take

Contrary to common belief, you can have a good time while dealing with the relatively uninteresting jobs of finance. Whether you’re constructing a reserve, settling financial debt or establishing large economic objectives, it’s feasible to find the delight in it. Joe Saul-Sehy, co-author of the publication “Stacked: Your Super-Serious Guide to Modern Money Management,” reveals us how with some very easy-to- use pointers.

He warns versus conserving a lot for the future that you fail to remember to appreciate your hard-earned cash money today. Similarly, he claims all money objectives ought to include a timeline affixed otherwise you can maintain pressing them even more right into the future and also never ever attain them.

Saul-Sehy likewise welcomes the art of making fun of his very own money blunders, something his fans can take advantage of, as well. He shares how he destroyed his credit history as a young university student however ultimately recuperated, years later on. He may be locating the humor in individual money, however his pointers can lead to severe economic advantages.

Our pointers

  • Prioritize constructing a reserve. Whatever else gets on your economic to- do checklist, constructing a reserve possibly is worthy of a location near the top. An reserve can aid when you deal with unforeseen expenditures or revenue declines. Try to reserved a minimum of $500, which can go a lengthy method towards supplying additional economic safety.

  • Set money objectives with timelines. Giving on your own a target date, also an approximate one, aids you make a decision where to shop cost savings as they develop. For instance, if you’re conserving for something like retired life years in the future, after that you could select to handle even more danger and also spend in the securities market, whereas cost savings for a temporary objective like following year’s trip possibly belongs in a much safer place, like a high-yield interest-bearing account.

  • Forgive on your own for money blunders. No one’s ideal, however that does not quit us from home on mistakes. Whether it was spending too much or spoiling a credit history, think of how you can carry on, making far better options moving forward.

More regarding taking care of money on Nerd Pocketbook

Episode records

Sean Pyles: Welcome to the Nerd PocketbookSmart Money Podcast I’m Sean Pyles. We have an unique episode in shop for you today. Regular Smart Money visitor and also individual money Nerd Kim Palmer is beginning the following episode in our publication club collection where she speaks with writers of individual money publications regarding their suggestions for how you can handle your money. Kim, welcome back to Smart Money.

Kim Palmer: Thank you. I’m thrilled to be below.

Sean Pyles: Yeah, that are you chatting with this episode?

Kim Palmer: I am talking to Joe Saul-Sehy He’s the co-author of “Stacked: Your Super-Serious Guide to Modern Money Management,” and also he’s likewise the co-host of the podcast “Stacking Benjamins.” He’s a previous economic consultant. As you can possibly distinguish his publication’s title, Joe takes care of to truly find the humor in individual money suggestions, and also he likewise has some truly strong pointers to show to us.

Sean Pyles: Great Yeah, well, I enjoy that title.Perfect Well, I will certainly allow you take points from below.

Kim Palmer: Great, thanks. Joe, welcome to Smart Money.

Joe Saul-Sehy:Kim It’s so excellent to talk to you. Thank you quite.

Kim Palmer: Yes, obviously. So you composed an individual money publication. You, obviously, host a prominent individual money podcast, and also you’re a previous economic consultant. So I initially desired to ask you, how did you get involved in this area?

Joe Saul-Sehy: It’s so amusing; I entered this area due to the fact that a buddy of mine called me and also stated, and also this is a quote, Kim, he stated, “We normally don’t hire people like you, but I think you’d be good at this.” He was a buddy of mine helping a monetary preparation business. Of training course, this is the very early ’90s. I’m an older person, and also it was mainly sales, as well as likewise he understood that I was interested in this subject and also I matured in a truly town in westMichigan But as I discovered all this salesy things that a few of these quote “professionals” usage, I would certainly likewise do my research every possibility I obtained due to the fact that I really did not desire to be humiliated. I really did not desire to offer individuals poor suggestions. And I at the exact same time went from being a full money catastrophe myself when I started to in fact being someone that was great with money.

Kim Palmer: Well, your mama in fact shows up a whole lot in your publication, and also I assume you videotape your podcast in your mama’s cellar. I believed possibly you were going to claim she was your initial money instructor. Did she chat to you regarding money?

Joe Saul-Sehy: I matured in a family members a whole lot like numerous American households and also truly households around the globe where we yapped regarding hustle. We yapped regarding being a great colleague, regarding being a great staff member, regarding being someone that individuals would certainly desire to be about. But whenever it came to money conversations, if she and also my papa were having a conversation, my sibling and also sibling and also I were informed to leave the area, and also I do not assume I’m alone there. I assume that’s a great deal of individuals. It’s weird that individuals can share in courteous business this breakout that they carry their arm and also no one blinks. But if you begin discussing money, we do not desire to have that conversation. So regrettably, no, Mom really did not yap regarding money.

Kim Palmer: That’s so fascinating. I assume numerous moms and dads and also grown-up children currently can associate to that, without a doubt. Well, allow’s get involved in a few of your suggestions. So a great deal of individual money professionals, you suggest truly beginning with thinking of your money objectives, however you do have a distinct spin on this pointer, and also you claim that individuals truly require to stroll the line in between investing whatever today and after that conserving way too much. So you truly desire individuals to think of locating that equilibrium. Talk to us regarding that.

Joe Saul-Sehy: Yeah, there is no magic goal. I constantly really feel poor when I see individuals in some cases in this motion, the FIRE motion, economic self-reliance, retire early, where all their hopes and also desires get on this unicorn rainbowy minute when they stop their work and also all of an abrupt, Kim, life is terrific and also all this things that they pictured. And yet the unfortunate information is that never ever takes place by doing this. When you appear, you still appear as you with the exact same worries, with the exact same sensations that you had previously. So you have to appreciate the trip as high as the result. And if you’re not taking pleasure in the trip and also you are placing a lot money towards the future, that’s extremely aggravating. So I enjoy doing this goal-setting, however in a manner in which makes it useful. It isn’t around the money as high as it has to do with what do I worth in my life and also how do I see to it that I’m concentrating on those points that I worth.

So I really feel fortunate with my podcast that I obtain to meeting a great deal of remarkable writers throughout the economic range. I believed for my publication that what Emily, my co-author, and also I truly required to do was concentrate on objectives however concentrate on it in a manner in which it does function. And so the concept that individuals have actually had for a very long time around vision boards, I assume, is truly appealing something. The reality that I see it that promptly gets in touch with my pet mind and also I’m far more most likely to obtain it. So what I such as doing, and also this is where we begin the publication, is I like taking simply a routine sheet of paper, placed it landscape design, placed on your own as a stick number on one end. And after that ask on your own, along this line you attract throughout the base, which stands for the remainder of your life, attract these little bags of money, which are points that you’re going to desire on your own in the future. Maybe I desire to job part-time, possibly I desire to invest even more time with pals or family members or if I have kids. Speaking of kids, possibly I require to have a conversation around university. Is that things crucial to me and also do I desire to spend for component of it? If so, possibly I require a brand-new vehicle every couple of years or a minimum of a brand-new-to- me vehicle. But whatever those points are, place them out on a timeline. And what that does is some truly effective things.

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No 1 is your mind promptly sees all these points on the line and also goes, “Well, maybe I can’t get all these, so which one’s most important?” That’s a terrific conversation to have due to the fact that frequently we’re concentrated on the points that truly aren’t that crucial, and also this truly overviews us to those points that are the large rocks in our life that we desire to obtain. The 2nd point it does is we after that draw the line from all these bags of refund to today, and also we begin asking ourself, “OK, how much money do I need to save today for each of these things that I want?” And currently my budget plan, as opposed to being something I’ve listened to that I have to do, which is why a great deal of budget plans fall short. They’re pointless budget plans. Now I understand the budget plan is especially so I can do what I desire today and also I can obtain the points that I value tomorrow.

Kim Palmer: I enjoy a great vision board, as well. I assume it can be such a great craft job. And likewise I assume it aids you see what you’re claiming yes to as opposed to sensation like you’re rejecting on your own points when you’re making a spending plan. So it aids you remain favorable. So that’s why I’ve constantly liked them.

Joe Saul-Sehy: Me, as well. I’m specifically with you. Because a spending plan can really feel constricting. And if as opposed to constricting, I understand that every buck I place in this financial investment, it’s not the financial investment, it has to do with this trip that I desire to take to Africa, or it’s this time around that I desire to invest far from deal with my pals that I had not been able to do. Now when that buck has a name and also it has a worth, as well, it’s a lot extra favorable than, “Oh, crap, I got to go put some money away.”

Kim Palmer: Well, allow’s speak about that timeline component due to the fact that you do get involved in that also in the publication. So I indicate, it is necessary to have a timeline on your objectives, right? Why does that assistance encourage you?

Joe Saul-Sehy: It inspires me as a result of the reality that I can after that produce turning points, and also turning points when I was a monetary organizer were big to maintain my customer in that place, Kim, that you pointed out, which declares. So allow’s take the market today. The market’s been really unsteady. Everything’s been unsteady. We’ve obtained geopolitical danger today withUkraine We’ve obtained issues in the UNITED STATE where in national politics we can not also settle on what the truths are. We’ve obtained rising cost of living with the roof covering. We’ve obtained all this unpredictability taking place. If I understand that ten years from currently I desire money for whatever the objective may be and also I can examine in at every 6 months and also understand what the turning point is along the method, I’m constantly going to concentrate on my area of control versus all these exterior aspects that I simply pointed out. So I enjoy Stephen Covey’s “7 Habits of Highly Effective People.”

And among those practices is concentrate on this pot of points that are straight in your control. Then points that you can manage or affect. And after that 3rd, points that you can just affect. Most people invest the majority of our time on points that we truly can not manage or affect. What’s the Fed going to do regarding rising cost of living? What’s the securities market? We can not do anything regarding that. But if I obtain to the six-month mark on my 10-year objective and also I’m behind, like a great deal of individuals are right currently, I understand that I take a look at my financial investments initially and also I claim, “Are my investments performing? Am I in the right type of investment for a 10-year time frame?” And if the solution is of course, that I’m in an affordable financial investment, after that it’s not around the financial investment, after that it’s practically what do I require to do? And plainly I can after that do a couple of points.

I can place some even more money away towards that objective, which is remarkable, Kim, due to the fact that after that I’m getting reduced, best? To market high later on. Most individuals get when points are high, and after that they market in a panic reduced. But if I understand I’m behind at the six-month mark, I can get reduced. And after that the 2nd point that I can do is I can make a decision if my budget plan is truly best for this or is this objective truly that crucial for me? Maybe this point ten years out, allow’s claim it’s I desire to get a home or I desire to get a rental building. Maybe I’m OK with 12 years away as opposed to ten years. And if that really feels OK, I back that objective up and also currently the quantity that I’m conserving, I’m not as stressed regarding it. And currently I understand that I go to a turning point for 12 years, which is excellent.

So once more, I obtain to concentrate on what I value as opposed to on money. Having the worth discussion with myself and also with the individuals I prepare with is so enjoyable. Having these money discussions is just enjoyable if you’re a money geek like you and also me.

Kim Palmer: Well, I do assume you’re best that individuals do really feel out of control in numerous means today. Like you’re claiming, we do not have control over these exterior pressures. So I assume it makes a great deal of feeling to take control where you can as well as likewise provides individuals, I understand for me, as well, it simply provides me a feeling of having some level of control over where points are going if I simply concentrate on what I do take care of, like my very own budget plan. So I assume that’s a truly excellent factor.

Joe Saul-Sehy: Can I inform you simply a little point to your factor, Kim, that could conserve individuals– it appears like simply a little point, however it’s something that we can manage that may be life transforming for individuals?

Joe Saul-Sehy: My relative does this. I’ve been extoling this for the last 8 months, Kim, and also I’ve not done anything with it and also I completely should, however I do not find out about you, however I have actually reduced the cord a very long time back, today I’ve changed it with, I have Netflix, I have Amazon Prime, I have Apple TELEVISION, I have Disney+. I in some way have actually kept away from Showtime, HBO Max, the Peacock network and also all these various other points. But I have 4 of these, and also I just have one collection of eyes. I can just view something at once. So what my relative does that’s truly awesome is that he will certainly message me regarding every 3 months and also go, “Hey, what are you watching on Netflix that’s really good?” And he will certainly after that receive from me and also from every one of his pals all the things that he desires to binge on Netflix, he terminates whatever else and also simply has Netflix for that time period.

And he sees those, and after that I’ll obtain a message from him that claims, “Hey, what do you like on Disney+?” And after that I’ll inform him all those points. So terminate Netflix and also simply have Disney+. This appears like a truly little point, right? If we’re balancing, allow’s claim $15 per registration that we have and also we have 4 and also we sufficed to one, we currently have $45. I’m simply going to round it to 50 to make this extremely very easy. That’s $600 a year that we save money on this set little mark.

Again, it may be 500, may be 700, $600 a year does not look like that large a bargain,Kim But if we increase this set little point that we can manage over a years and also we do it for a years, that’s $6,000 that we conserve over a years. Again, does not appear a lot up until you place it in regards to worth. I enjoy to traveling, and also $3,000 a year is a rather remarkable trip. If I can take 2 even more holidays every ten years than I’m currently taking currently, if I can include 2 even more to that blend every ten years, currently suddenly this little small point has actually come to be unbelievable and also equipping therefore much around what I value when it comes to my life. So concentrating on that versus what the Fed’s going to make with financial plan is a lot extra enjoyable therefore far more favorable.

Kim Palmer: Yes, I enjoy that. Those repeating expenditures truly build up. So something you speak about as well is simply the significance of giggling regarding your previous money blunders, not allowing them obtain you down. So please inform us among your previous money blunders that you can laugh regarding currently.

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Joe Saul-Sehy: Oh, my benefits. So there’s numerous. So my really initial money blunder that I speak about in the publication, I obtained to university and also, as I pointed out previously, I had no economic experience, and also I went to this university, the Military College of South Carolina calledThe Citadel And at the Citadel, I marched. I could not truly work. So those are bottom lines to this tale. There was going to be no other way for me to settle anything, and also I had to use a consistent daily. Well, among the initially weeks on school, I go to Mark Clark Hall, the pupil union, and also there’s this big line, Kim, out the door, and also I do not bear in mind if they were distributing an arena covering or a Frisbee or what it was, however it was for an American Express card. And I believed, “Wow, this is cool. I can use somebody else’s money.

“This is remarkable.” So I stand in line to get into debt, like a lot of people do. And it’s always funny to me, if a financial planner’s office had a line coming out the door — they always have kiosks around the world for people just trying to mess up their financial lives — it’d be amazing. But I finally get up to the front; I fill out this card. What’s my income? Zero. I have no money coming in. Second, what are my assets? Zero, right? I have no ability to have a job. You know exactly where this goes. A few weeks later, I get my American Express card. American Express goes, “Hey, you seem like a terrible danger. Let’s offer you money.” And so I’m carrying this card around, and the first time we get leave, we go to North Charleston to this mall, me and five friends of mine, and we go to this high-end restaurant, you might have heard of it. It’s called Ruby Tuesday.

Just amazing place. They had a salad bar and the whole deal. So at the end of lunch, and I want to be everybody’s buddy, I want to be people’s friend, and there’s no better way to be somebody’s friend than when the bill comes. I took out that brand new card, flash it to the waiter, and I said, “Guys, I got this, and I’m paying for all of your lunches.” It never once crossed my mind how I was going to pay this bill. Not once. I just knew, “Hey, I can be people’s friends and of course they love me.” Then as soon as lunch was over, we go walking down the mall and like a magnet I go to the most expensive store in this mall, which was Nordstrom. There’s this mannequin. And the year, by the way, is 1987. So it’s like Duran Duran time. And there’s this awesome Duran Duran kind of sweater with this paisley print around the V-neck and this horrible purple color.

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, I obtained this, and also “>And I buy this super expensive sweater. I’m in Charleston, South Carolina. It’s cold two days a year. I can’t wear the sweater anyway, why I’m buying it is beyond me now today. But I get this thing, and then I’m back at school and a few weeks later I open up my mailbox and it says American Express has a letter for me. Well, this is amazing. I’m sure this is a thank you, right? “Hey spending for every one of your lunches. to, I can be individuals’s pals and also obviously they enjoy me. Thank FTDQoV” > the This stated,”American Express, wedo not have anything.” And I’d never thought about it. So I did what any smart person would do. I called my mom and I said, “Mom have a trouble, and also you require”

And Mom fix it.NoFTDQoV” >to” And of course, I couldn’t solve it. Within two months, that American Express card was cut up; it was gone. My credit was ruined. It went to a collection agency. I spent the next summer working part-time jobs back home in west Michigan trying to pay off this debt that I had. And it’s funny, though, Kim, so that’s the funny story, but there’s an even bigger thing. I didn’t learn from that like I should have. I still stayed a credit nightmare and a credit disaster. And I’ll tell you, there were two lies that I had that I think a lot of people listening to this still have. No. 1 lie was that I can do the accounting in my head. That I can figure out how much I’m going to owe and I will rationalize.

FTDQoV”>”>This stuff can’t be in your head. You have to have some type of budget and some type of tracking system. Once I had those things, I was able to then catch some of these mistakes that I was making. I wouldn’t plan for the muffler dragging behind my car. I wouldn’t plan for these little emergencies. I could calculate out my groceries, my rent, those things, but never these surprises. So I needed to track my money; I needed to have a budget. But the second lie was this: Even though I had bad money habits, I thought that I could earn more money and that would fix my problem. So my first year that I was a financial planner and I was a sham, this is when I really ran out of money, was I’m giving other people financial advice and I’m just a money disaster.

FTDQoV”>”>But during that time, I made $85,000 I think my first year as a financial planner, and I spent $100,000 and it didn’t matter. If I would’ve made $100,000, I would’ve spent $120,000. If I would’ve made $120,000, I would’ve made $140,000. You can never ever outearn bad money habits. I had clients that made a quarter-million dollars a year, and still because they had horrible money habits, they were spending more than they made. You have to find a way to at least know the heartbeat. And whether that’s a financial app or a spreadsheet or just looking at it once a week, having this money meeting once a week for just 20 minutes, you have to be able to lock down that budget a little bit.

_2GMChG _3-to_p”>Kim Palmer:“> Yeah. Well, one thing that struck me in the book is this idea of a money meeting. And you do say anyone who’s in a relationship where you’re coordinating your money with other people, it is really important to have that regular money check-in. It’s also something I’m a fan of, too, but how do you keep it fun as opposed to stressful?

_2GMChG _3-to_p”>Joe Saul-Sehy:“> Well, I like doing this. Even if you’re single, just set the time aside because we’re all busy. So setting 20 minutes aside for yourself and your money is so important. But to your point, it has to stay fun. And I bet a lot of us listening to you and I chat today are money nerds; the non-money nerds in your life are going to go bye-bye to this whole thing if you don’t keep it fun. So the first thing is set a timer for 20 minutes and it can’t go longer. And even if your significant other, your spouse, your planning partner is into it, at the end of 20 minutes, tell them you’re going to stop. And I’ll tell you what happens, by the way, if you keep it fun, and I’ll get into that even more here in a second, and you keep it light, is that then you start having these organic conversations later on.

, well, I went out “>So Cheryl and I will go on a walk around the block, not our money meeting time, but then we’ll have these deeper conversations that every money nerd knows we have to have. But what we do to keep it fun, besides making it short, is we keep the agenda light. All we do is we look at our expenses from the week before. How did we spend money the week before? And when we first started doing this, we found all kinds of problems. We didn’t realize that our utility bills could be evened out. We didn’t realize some of our subscriptions that were recurring that just went under the radar, stuff we weren’t using. We also didn’t realize that one of our phone packages was just absolutely horrible. And so we ended up with all of these little to-dos, like let’s check in with these things and saved a bunch of money that we wouldn’t have if we didn’t just do this quick scroll.

FTDQoV”>”>And then the second thing, have a very open conversation about how we’re going to spend money the next week, what’s coming up the next week. And this avoids money fights. And Cheryl and I, my spouse, we would have money fights all the time because of the fact that we just weren’t on the same page about how we were going to spend money. It was just this little tiny check-in. But last to make it even more fun, what we do is we do it depending on the time of day, we do it over wine or pancakes. I love having it in the morning, which means we’re probably not doing wine, but if for some reason we’re busy in the morning, we’ll pour ourselves a couple glasses of wine, we’ll turn on some light music and we’ll just make it this very relaxed discussion.

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FTDQoV”>”>I feel like too often money nerds want to kind of pressure someone, but no, we got to talk about our money, and we got to make it like this Camp David Summit. We don’t want that at all. The lighter you make it, the more you’ll get to those big discussions we know that have to happen down the road.

_2GMChG _3-to_p”>Kim Palmer:“> Yeah, that makes so much sense. Let’s talk about this money dashboard idea, too, because that’s another strategy that really jumped out at me from your book. So talk to us about this money dashboard. It sounds like it involves tracking your money but also making those hard budgeting choices.

_2GMChG _3-to_p”>Joe Saul-Sehy: Yeah, I mean, the big thing about a money dashboard is this, is that I like looking at my finances. And when I was a financial planner, I would look at my client’s finances this way as if we’re the CFO of a company. We’re not a family; we are a company. And then I think, would my board of directors really like the way that I’m managing this company? And usually the answer is no. We all make these phenomenal decisions at work, and then we go get all emotional at home and make these horrible decisions. So when we work for somebody else, why do we keep it logical and we don’t do that for us? So the very first thing is setting up this money dashboard, which means we can have our money in a lot of different places and most of us do, but that creates a bunch of complexity in our head.

So we need to have some place where we’re tracking everything and we can see it in one place. And so if in the last week I got into trouble, I can look back and I go, “Yeah needs new shoes,to, hey, I need a raise because inflation is really high.” Of course I’m going to pay a bunch more, but then second, and this is the look ahead the next week, I need to set up a budget based on that. So if I went out to dinner five times last week, maybe I’ll go out to dinner three times this week. And now I’m budgeting much clearer how I’m going to spend my money in the future.

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, well, I headed out”>And this is the lockdown I talked about earlier, but it’s impossible to do if you don’t take all these different places where you have money and give yourself a dashboard where you can very quickly see where things are going off the rails and where you’re really doing a great job.

know what? “>Kim Palmer: Yes. So important. Well, let’s also talk about increasing your income. I know that right now, of course, so many people are stressed out financially. And so increasing your income sounds like a pretty appealing concept. You talk in the book about launching a side hustle on top of your main job. Is it as hard as that sounds? Or do you think it can be realistic for a lot of people?

side hustle.”>Joe Saul-Sehy:supper nearly every evening at a dining establishment. “> I think it can be realistic, but you have to have very realistic expectations. Let’s talk about your main job first, though, because studies show that your boss in most cases does want to give you a raise, your boss wants to give you one. But studies show that you have not asked. And I’ve seen so many statistics that show that women are very much guilty of this not advocating for themselves. They don’t want to rock the boat; they’re worried about job security. And so because of that, they don’t ask for raises. But that’s not just women. Women [are] more susceptible to that. Men, too, don’t advocate for themself enough. So you need to figure out, “How FTDQoV” >” And we walk through this, not just in the book, but what’s cool that I like is that at the end of every chapter, I talk to people that are experts in the area of that chapter.

“>And a woman, Mori Taheripour, who does negotiating on behalf of the NFL Players Association and other groups, she teaches negotiating at Wharton, gave me a lot of great advice on how to do this. The first thing is, you don’t go in there saying, “Joe< period course=" _ 3Rmqs8 _ 2GMChG _ 3-to_p" right? Saying, "Hey _ 2GMChG _ 3-to_p" And by the way, this is a great year to get a raise because if you don't get a 10 to 12% raise, you're falling behind. So you need to make more money just to keep up with inflation. But boss doesn't want to hear that. Boss wants to hear how you are making an impact and how you're going to help the company. And Mori told me something that's really interesting that I hadn't considered, Kim. And it's this: Your boss often is not the decision-maker. You might think they're the decision-maker, but at the very least, they might have to bounce it off some other people.

So think of your boss as your advocate and you’re trying to arm them with as much great stuff as possible. But if you really, really want to side hustle, it’s building this outside business like an Etsy store or selling something online, doing maybe it’s a podcast. A podcast I can tell you is a horrible way to try to make money. But building something for yourself is interesting because studies also show you become a better employee when you own your own business.

FTDQoV”>FTDQoV” >”>You understand better what the business is trying to do. And when you’re operating your own side hustle business, it really helps you with that main business. And it also feeds you. I mean, these two businesses can really work well together. You have to watch out because you don’t want to be doing your side hustle job on company time. But certainly if you can juggle the two things, building this empire yourself might also be a way to one day not have to ask for a raise because you’re making enough money doing that that you can say, “You< period course= "_ 2GMChG _ 3-to_pI'm requires brand-new footwear,to, hi, I require a raising due to the fact that rising cost of living is truly high. ” And that can be pretty rewarding.

“>Kim Palmer: Yes, I totally agree. I’m such a fan of Etsy, too. So amid all of this strain and serious discussions and the stress people are feeling, why do you find it important or valuable to bring a sense of humor into all of these discussions?

going (* )stop my work and also simply do “>Joe Saul-Sehy: I love this question because I know from “The Stacking Benjamin Show,” which we call the greatest money show on Earth, because it truly is a circus. And on purpose, people think that we’re not serious. And what’s funny, Kim, is that I think that keeping it light is the best way to learn. If we lower the temperature, if we make it fun, if I tell you how I have screwed up everything and I still did OK, that we can all come out of this much, much better, we’ll relax and do a better job with our money.

“>Kim Palmer: Well, thank you so much, Joe. Thank you for being on our podcast. Do you have any final thoughts to share with our audience?

“>Joe Saul-Sehy: Oh, the biggest one of all, guys, if I can leave you with one nugget, think about this. You want to think about whatever your unique talent is; you don’t want to think about your money. So think about your money in these terms. Automate all the little stuff because the more that you can keep your investments automated, the more you can set up yourself systems, the less your brain is going to spend spinning on these little things, the more you’ll be able to do things like ask your boss for a raise, make more money. Do these things that you love, these things that you value. Automation systems, Kim, I think is the heartbeat of a good financial plan.

that is all we have time for this episode.”>Kim Palmer:

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