“The number one thing I want readers to walk away with is not getting stuck in doubts,” explains Joseph Bennett, life coach and author of a variety of books including, Rest – the Art of Doing Less and his brand new release When in Doubt. In this episode, Joseph joins host Cheri Ruskus to talk about how a person’s money story influences them, the ways capitalism systemically encourages debt accumulation, and his own experiences as an expat living in a creative artist colony in Mexico City.
Every culture approaches money differently. Here in the United States there is a big emphasis on keeping up with the Joneses and a lot of pressure around what people do for work. Joseph explains that he has experienced quite the opposite during his time in Mexico City. His neighbors do not seem to be as caught up in the comparison game, and the first question asked at gatherings is about family rather than work. If you have doubts around managing your money, look to those who have already been successful. Give yourself permission to learn and to ask for help.
Coaching can be a really great means of learning how to manage your personal finances. It is okay to have debts or to not know very much about investing or how to get yourself out of debt. That is why professionals exist who have already been through it and who can help guide you. Don’t let your doubts and the taboo around talking about money keep you from seeking guidance.
“Debt is the big dream killer.” (2:13-2:16 | Joseph)
“We are not broken if we have debt. We are not broken if we don't know about investments, or about compound interest, or about how to get out of debt.” (2:47-2:59 | Joseph)
“I follow the philosophy, change your story, change your life. And that has absolutely 180 degrees changed for me what's possible.” (5:17-5:31 | Joseph)
“Even something that we do mindfully and not getting distracted with bright, shiny objects, that too can be a meditation.” (21:17-21:25 | J
“The number one thing I want readers to walk away with is not getting stuck in doubts.” (25:50-25:53 | Joseph)
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