Money O2

Erin Kuhn
Money O2

Welcome to MONEY O2! Erin serves as the President of Qnity and speaks on stages to help people change their money story and find greater economic empowerment. You’ll hear how real people took a deep breath and changed their lives by changing the way they feel, act, and think about money. Sometimes, before we can take action to change our financial reality, we need to be empowered to believe that change is even possible. Spoiler Alert: It's possible. If you love being inspired and learning about money through the power of stories, this podcast is for you. Follow @moneyo2pod and Qnity: Qnity.com

  1. 12 DE AGO.

    Betsey Stevenson | AI’s Impact on the Future of Work & Education (Pt. 2)

    Hello again, we are back with part 2 of our insightful conversation with Betsey Stevenson, the renowned economist and former Chief Economist at the U.S. Department of Labor. In this episode, Betsey delves into the future of work and education in our rapidly evolving economy. We explore the impact of AI on the job market, particularly for white-collar workers, and discuss the growing importance of critical thinking and question-asking skills in this new landscape. Betsey shares valuable insights on the importance of navigating economic transitions (such as what we are experiencing right now) discussing the changing nature of jobs and skills and the need for adaptability.  She also shares her opinion on the ongoing debate between traditional 4-year college degrees and vocational programs, offering her perspective on the value of education as an investment. Plus, we discuss strategies for business growth and the importance of having contingency plans for financial setbacks - providing practical advice for entrepreneurs and employees alike on how to thrive in our changing economic environment. This episode is packed with Betsey's expert analysis and practical tips, offering listeners a deeper understanding of the challenges and opportunities in our current economic landscape. It's like getting a masterclass in applied economics from one of the field's most respected voices. Enjoy Part 2 of our conversation with Betsey Stevenson, and prepare to gain valuable insights that can help shape your approach to work, education.  Missed Part 1? Listen to Episode 28 for our first part with Betsey, where we focus more on practical principles of economics you can use daily. If you feel like reading a textbook on economics, find Betsey’s textbook here: Principles of Economics

    1h4min
  2. 22 DE JUL.

    Katy Song | MONEY TIPS with a Chief Financial Planner

    Hello MONEYO2 listeners! In this episode, we're joined by Katy Song, a Certified Financial Planner and the Chief Financial Planner for Domain Money. A former investment banker turned CFP, Katy brings a wealth of experience, having completed over 800 personalized financial plans throughout her career. In this insightful conversation, we use Qnity's framework of MONEY EDU/MONEY PRO to structure our dialogue. We discuss the importance of MONEY MINDSET and hear that negative money stories occur regardless of income levels. We also talk about how to maximize your MONEY IN, and go through specific pitfalls Katy's seen in her career around MONEY OUT, including 3 of the most common areas people tend to overspend in, and so much more. This episode is packed full of practical advice and is a brilliant opportunity for us to learn from someone who has helped almost 1000 clients navigate the ins and outs of their finances. I also share my personal experience in working with Katy,  and what the process of working with a fee-only financial planning company like Domain Money was like for my husband and I. Some key takeaways include: The importance of understanding your personal money story and how it affects your financial decisions Why you should focus on cash flow and knowing your break-even point How to approach debt constructively and avoid the pitfalls of lifestyle creep The 32% rule for housing expenses and why it matters Why you need different savings and investment strategies based on your time horizon for each financial goal My hope is that learning from Katy gives us all better tools and frameworks to think more strategically about our finances and make informed decisions. As Katy puts it, "Money needs to flow" - and this episode will help you ensure it's flowing in the right direction for your financial wellbeing. DISCLAIMER: The host of this podcast, Erin Kuhn Bhansali is a real client of Domain Money. She and her husband received a free plan. INTERESTED IN WORKING WITH DOMAIN MONEY? Visit https://dmnmny.co/qnity and use the code: Qnity2024 for $300 off your plan.

    44min
  3. 10 DE JUL.

    Doc G | A Former Hospice Doctor's Take on Money & Purpose

    In this episode, we're joined by Jordan Grumet, also known as ‘Doc G’ - a former hospice doctor turned leader in the financial independence movement. Jordan spent years as a physician before burning out and discovering a new path that combines his medical insights with personal finance wisdom. Today, Jordan shares invaluable lessons learned from his experiences with dying patients and his journey to financial independence. Jordan’s take is different from many of my previous guests, and I found it refreshing and a good reminder to focus on what matters most Key Takeaways: Focus on finding purpose, identity, and connections in life rather than just accumulating wealth. Money is a tool, not the end goal. Understand the three paths to financial independence (the parable of the three brothers) and identify which approach aligns best with your values and goals. Overcome financial trauma and scarcity mindsets by recognizing their origins and consciously working to change your perspective. Create "margin" in your life by leveraging all available resources – time, energy, skills – not just money, to build the life you want. Balance pursuing long-term financial goals with living a purposeful life now. Don't defer all gratification for an uncertain future. Plus, so much more! I hope you enjoy this conversation with Jordan as much as I did!  Resources: Jordan’s Books:  Taking Stock: A Hospice Doctor's Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life Keep an eye out for Jordan’s second book, The Purpose Code (Coming January 2025) Jordan’s Podcast: Earn and Invest

    41min
  4. 5 DE JUN.

    Betsey Stevenson | How to Think Like an Economist

    Hey there, Money02 listeners! This is part 1 of 2 insightful conversations with Betsey Stevenson, a Harvard-trained PhD in economics who has served as the Chief Economist at the U.S. Department of Labor and as a direct advisor to President Obama on labor and social policy issues. In this episode, Betsey shares her journey into economics and how she became passionate about using economic tools to make good decisions for individuals and communities. We dive deep into some of the most important economic principles for us ‘non-economists’ that everyone should and can utilize to better serve their own financial life, including understanding opportunity costs, thinking incrementally, and considering the costs and benefits of every decision. Betsey also shares valuable tips for Americans to protect their purchasing power during times of inflation, the benefit of side hustles in preparing for macroeconomic downturns, and other trends that Betsey foresees impacting the average American's financial well-being. This episode is packed full of information and is a brilliant opportunity for us to learn from someone like Betsey who is a renowned Professor of Economics/Public Policy - teaching at top universities like the University of Michigan, UPenn, and more. It's a kin to a crash course in economics. My hope is that learning from Betsey gives us all better tools and frameworks, so, as Betsey puts it, we can all "think like an economist." Enjoy Part 1 of this episode with Betsey Stevenson. If you feel like reading a textbook on economics, find Betsey’s textbook here: Principles of Economics

    1h23min
  5. 20 DE MAI.

    Jonathan Clements | 5 Keys to a Better Financial Life

    In this episode, we’re joined by personal finance expert Jonathan Clements. Jonathan spent over 20 years at The Wall Street Journal as the newspaper’s personal finance columnist, 6 years at CitiGroup as the Director of Financial Educator, and is the author of multiple books on the topic of money. Today, Jonathan shares invaluable wisdom gleaned from his decades of experience as a financial journalist and author. Hear the fascinating story of how his family history and upbringing shaped his lifelong interest in money. Key Takeaways: Focus on cultivating financial security, strong relationships and work you love to find lasting happiness, rather than chasing fleeting joy through purchases. Overcome innate psychological urges like overconfidence and loss aversion by pausing before making financial moves and consulting others. View your career earnings as your most valuable asset. Funnel a portion of each paycheck into retirement savings to transform your human capital into financial capital. Invest for the long haul in simple, low-cost index funds. Diversify globally and stay the course amid market ups and downs. Embrace a long-term perspective not just on money. The decisions you make today impact the quality of your life for decades to come. Enjoy this conversation with Jonathan Clements! Check out some of Jonathan’s books here:  My Money Journey How to Think About Money Check out Jonathan’s website HumbleDollar

    41min

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Welcome to MONEY O2! Erin serves as the President of Qnity and speaks on stages to help people change their money story and find greater economic empowerment. You’ll hear how real people took a deep breath and changed their lives by changing the way they feel, act, and think about money. Sometimes, before we can take action to change our financial reality, we need to be empowered to believe that change is even possible. Spoiler Alert: It's possible. If you love being inspired and learning about money through the power of stories, this podcast is for you. Follow @moneyo2pod and Qnity: Qnity.com

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