EP #131: Defining Your Money Values
Money is such an important part of life. Your values say a lot about how you allocate it. You must take the time to define them in order to make your money accomplish what is meaningful to you.
Many people let the world define what’s important and as a result, have their money and influence hijacked. Don’t let this happen to you for what you’ve worked hard for.
Mark will is a Certified Financial Planner® and values-driven professional. He has some important tips as to how you can develop a strong value system with your family and use money as the positively powerful tool it can be.
What You'll Learn In Today's Episode:
What a Masters in Divinity is
About Mark’s upbringing
How Mark paid for college
The importance of learning from problems
How a wealth shock affects longevity
How getting money straight can lead to a longer life
How a bow and arrow are a great metaphor for money
How great values lead to a positive relationship with money
How quiet time is important
Tips to help you define your values
The importance of including your heart in your values
What’s more important than interest rates
Ideas Worth Sharing:
“In many ways, we try to overcompensate for what we feel like we have a lack in life.” - Mark Willis
“I had made my way through college mostly on debt.” - Mark Willis
“They feel like they walked into a movie 45 minutes late.” - Mark Willis
“Just doing things because that’s what we all do is not an acceptable rationale for my way of living.” - Mark Willis
“I wanted to get into the university of money to figure out why am I doing this. But more importantly, what do I want my money doing for me?” - Mark Willis
“Creativity is just forgetting your sources.” - Mark Willis
“My favorite book of the Bible is numbers.” - Mark Willis
“Cancer has impacted almost every family.” - Mark Willis
“Now that we’re talking money, that Kleenex box is getting used.” - Mark Willis
“Money seems to be touching all the important things in life.” - Mark Willis
“She prepared the kids for the money too.” - Mark Willis
“My job as a little five-year-old was to handover my life savings to this stranger called a banker.” - Mark Willis
“If you don’t have a plan for your own money, everyone else will assume a plan for your money for themselves.” - Mark Willis
“There are values pumped into us whether we realize it or not.” - Mark Willis
“It’s almost like a bulimic way to life.” - Mark Willis
“Until you have a system of values yourself, you’ll do whatever the world tells you to do with your money.” - Mark Willis
“Get your own values.” - Mark Willis
“In life, you get what you tolerate.” - Mark Willis
“You get what you want but you can’t have everything you want.” - Mark Willis
“It’s a tool - not an end game.” - Bob DePasquale
“There’s a lot of people weighed down by money stress these days.” - Bob DePasquale
“One of those important relationships is your relationship with money.” - Bob DePasquale
Resources In Today's Episode:
Mark Willis - LinkedIn
Debt the First 5,000 Years by David Graeber
Bob’s Book - Personal Finance in a Public World
This week’s E-Impact Blog Entry
Episodes Referenced:
AwwEP #126: Rising Together with Kasey Reiter
Music Credits:
Ocean Of Thought by Artificial.Music | https://soundcloud.com/artificial-music
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Positive Hip-Hop by MaxKoMusic | https://maxkomusic.com/
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Above by Sapajou | https://soundcloud.com/sapajoubeats
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Orchestral Funky Hip-Hop Beat by Glitch | https://soundcloud.com/glitch
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Water Skiing by | e s c p | https://escp-music.bandcamp.com
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