Episode 4: Dollars and Sense





What does the way you use your money reveal about your conscious and unconscious goals and values? And how can we rewrite our rhythms of life in this season to support us to achieve our financial goals? Listen in as Kris and Hannah explore how rhythms can help us make sense of the dollars.

Links + resources from this episode:

***

This transcript was generated automatically and may not be 100 percent accurate.

Episode transcript:

00:00:00:00 - 00:00:25:05

Hannah

Just quickly, a heads up that this episode is going to discuss finances and how this can impact our decisions and everyday lives. Firstly, we need to let you know that we are not in any way financial professionals. These thoughts are purely based on Chris and Hannah's personal experiences and observations. We also want to acknowledge, as we are recording this in 2023, that there are more of us experiencing financial hardship right now.


00:00:25:07 - 00:00:35:11

Hannah

Money can be a stressful topic, so we just wanted to give you a heads up before we continue on. Welcome to the Rhythms Podcast. My name is Hannah.


00:00:35:13 - 00:00:44:16

Kris

And my name is Kris. This is a podcast about exploring the rhythms, patterns and habits that bring joy and add richness to our everyday lives.


00:00:44:18 - 00:00:55:23

Hannah

From daily habits to embracing the changing seasons. It's not about mindless routines, but patterns with purpose. It's about making something special out of something ordinary.


00:00:56:00 - 00:01:10:14

Kris

If you're someone who wants to move beyond just being more efficient or productive and instead find ways to infuse your days with small, familiar moments that matter, then you've found two new friends with the same goal every episode.


00:01:10:15 - 00:01:34:02

Hannah

Listen. And as we share a reflection on the role of rhythms in our lives. Join our conversation as we unpack this idea further and then spend a moment with us. Considering how that rhythm could shape or add richness to our lives today.


00:01:34:04 - 00:02:09:11

Kris

In 2002, Jack Whitaker won a $314 million Powerball jackpot, which at the time was the biggest lottery prize in history. This West Virginia construction worker was known for his big cowboy hats and his even bigger personality. Whitaker leaned heavily into his newly found ability to spend and donated his money with ease to churches, diner employees, family members, strangers and his local strip club.


00:02:09:13 - 00:02:36:05

Kris

His life was ruined by his fortune. His money ran out. To this day, Jack's lottery misfortune remains one of the most extreme cautionary tales about the lottery and, by extension, money's power to ruin lives. The topic of money and finance is something that while at the same time common and universal, is almost always going to elicit different reactions from people.


00:02:36:07 - 00:02:58:09

Kris

I sat in front of a blank sheet of paper for a long time when it came to this reflection because I wanted to talk about finance and money in a way that wasn't condescending, that wasn't a simply warn people of cautionary tales like Jack and tell them to spend less and save for the simple fact is money means too many different things to too many different people.


00:02:58:11 - 00:03:29:06

Kris

Some are highly motivated by money, Not always. And the Gordon Gekko, Wall Street manner of greed, gluttony and excess for what money offers security, safety and support. For others, money is something that causes pressure and pain. Living paycheck to paycheck or under heavy load of debt without means of escape. So instead I settled on this idea, which I hope it's a bit easier to approach.


00:03:29:08 - 00:04:01:03

Kris

Purposeful financial habits and patterns help us to develop common sense, to set goals, and to align those goals with our values. Money in itself can become secondary to the deep sense of direction, orientation and purpose that I think every person is craving. Just think about how much of your life is structured around money week to week, month to month, year to year.


00:04:01:09 - 00:04:26:05

Kris

Jobs pay. Salaries at determined intervals. Money exchanges. Hands. Change is given. Groceries are purchased. Cars are filled up with petrol that kinda ticks off the price. Tick. Tick. Tick. And before you know it, the fridge is empty, the gas tank is empty, the bank account is empty. And we do it all again. Tick, tick, tick. So it's money.


00:04:26:06 - 00:04:50:20

Kris

You might have lots of it. You might have none at all. But your life is to some degree dependent on it. So settle in as we try and make sense of the dollars. Okay. I'll get that plan out of the way at the start. But it's true. Developing good money spending habits builds financial self-awareness that cultivates in us a sense of practicality and realism.


00:04:50:22 - 00:05:33:13

Kris

It helps us build common sense, giving us the tools to make informed decisions about our lives. When we make our spending purposeful, we prioritize needs and wants. Deciding between what's essential and what's noise. This process requires thoughtful decision making and critical thinking. Weighing the long term impact of our choices. Building good money spending habits also involves practicing delayed gratification by resisting impulsive purchases, prioritizing long term goals over immediate desires, and by developing our capacity to be okay with not getting what we want right away.


00:05:33:15 - 00:06:06:17

Kris

We learn to exercise patience, discipline and long term thinking. All of which are hallmarks of common sense and like compounding interest in a bank account. These qualities build on each other. Our ability to make solid decisions with a good degree of common sense as practiced in the patterns of spending, allocating and prioritizing money. How we choose to spend our money offers a glimpse into the past paths we've chosen to take and what we've chosen to prioritize.


00:06:06:19 - 00:06:43:18

Kris

Where we choose to put our financial attention shows us what we value and what we prioritize. So if we're putting our money towards education and personal development, it probably means that we prioritize knowledge or growth or spending money on experiences like travel or cultural events could mean that you prioritize exploration and creating meaningful memories since the last time you did a spending for it, not just with the goal of getting numbers onto a page or to see how much money you're saving or spending, but instead to uncover what your spending reveals about you.


00:06:43:20 - 00:07:12:10

Kris

Our spending patterns often align with our desired lifestyles. For instance, if we're consistently investing in high quality, sustainable products or services, it may indicate a priority for health and environmental consciousness. On the other hand, if a significant portion of our income is spent on luxury goods or status symbols, it may point to a focus on material possessions and social validation.


00:07:12:12 - 00:07:42:03

Kris

A spending audit, like other forms of self-reflection, can also revealed to us the rhythms in our lives we've prioritized. Maybe your Netflix subscription means that instead of going for a walk, you prioritize a show. Not bad or good taken by itself. But if your goal is to be more active, it's a rhythm he could look to change. Often we choose our priorities at the crossroads of significant life events.


00:07:42:05 - 00:08:06:24

Kris

These will influence our spending patterns and reflect our priorities during these periods. If someone becomes a parent, their spending will probably move towards child care expenses, education, family oriented activities, and it will highlight the priority they place on their children's well-being and upbringing. By examining where our money has gone over time, we can identify a recurring patterns or themes.


00:08:07:01 - 00:08:35:14

Kris

Whether these habits are healthy or not is another question. One way to figure that out is to see how well those habits align with our goals. Setting financial goals requires introspection and reflection on what we truly value and desire in our lives. It's yet another example of where self-awareness is so possible. The ability to actively listen to ourselves, our situations and our contexts.


00:08:35:16 - 00:09:09:01

Kris

It prompts us to consider our long term aspirations. Whether it's achieving financial independence, starting a business, buying a home, or funding education by setting clear and specific goals, we gain clarity about what we genuinely want to achieve and prioritize in our lives. Good financial goals are often rooted in our core values, and good financial patterns. Reveal those true values to us and the magic moment is where our goals and values align.


00:09:09:03 - 00:09:32:00

Kris

Creating a sense of purpose and meaning and makes investing back into it worthwhile and easy. Because if we value giving back to our community, we might set a goal to donate a certain percentage of our income to charitable causes. By aligning our financial goals with our values, we ensure that our actions are in lockstep with what truly matters to us.


00:09:32:02 - 00:09:57:22

Kris

Our financial habits also set us up well for long term perspectives, helping us to think beyond the present moment. In a world where every moment is fleeting, being held by the knowledge that we're hitting towards where we want to be, that's comforting. It allows us to transcend immediate gratification and focus on goals that contribute to our overall well-being and fulfillment.


00:09:57:24 - 00:10:24:19

Kris

All of this doesn't come easy, though, and the motivation and discipline to make those responsible decisions is a difficult task. I wonder if that's why so many of us find it hard or confronting to talk about money or to even address it. I think, though, when we have clear goals in mind, we're more likely to make choices that support those goals and in turn makes it all just a bit easier to approach.


00:10:24:21 - 00:10:55:06

Kris

Whether this means saving more, avoiding unnecessary diet or making informed spending decisions is totally up to you. Just know that your financial habits and patterns play a direct role in the pursuit of our financial goals. They reinforce our commitment to what we value. So now that I've got a few words down on that blank page, I'm determined more than ever to be the type of person who sees money in service to me and not the other way around.


00:10:55:08 - 00:11:17:15

Kris

And to all those who struggle day to day with the practicalities of not having enough. I see you equally. Those who have more than enough and still find that directionless. I see you to just know your value isn't and never has been attached to your net worth. You can be intentional about the financial habits in your life. Set those goals.


00:11:17:17 - 00:11:30:07

Kris

Find those values, make the decisions, and let money serve both. You. Your friends, family, neighbors, community, and world.


00:11:30:09 - 00:11:50:19

Hannah

This way are not the only podcasts talking about money this week? Well, I'm sure that there's a bunch because a whole bunch of podcasts are all about money. But a podcast that you and I both listen to or have listened to, doing the best we can with articles also started a whole series on money this week.


00:11:50:22 - 00:12:01:03

Kris

Yes. And interestingly enough, of all the episodes that he's done on a variety of very touchy subjects, some of which are.


00:12:01:05 - 00:12:11:01

Hannah

He talks about Hazlitt I've written about parenting, how suicide, the church's downfall, gun control and other critical issues, many life or death.


00:12:11:03 - 00:12:16:11

Kris

This is what I found fascinating about this episode, is that it has a disclaimer on it.


00:12:16:13 - 00:12:29:23

Hannah

And he's never had to use one before. He's never felt like I said, he said. He said this topic is so fraught with emotion and complexity that I thought limiting my liability at the onset was wise. And I think it is wise.


00:12:30:00 - 00:12:48:00

Kris

Yeah. So why is in fact that we've done the exact same thing? So you'll see that we put a disclaimer at the top of this episode and just another little disclaimer before we talk about the other disclaimer is that I have quite a bit of a croaky voice because I've been fighting off a flu. You'll get a nice lower end version of me for this episode.


00:12:48:01 - 00:12:52:02

Hannah

It's good to hear you sounding a little bit more like yourself that Chris, because he was sounding pretty bad.


00:12:52:05 - 00:12:57:14

Kris

I don't mind actually having the lower register feels very nice. It's very velvety.


00:12:57:20 - 00:12:58:08

Hannah

Lovely.


00:12:58:08 - 00:13:03:21

Kris

They say lower registers better for voice. So hey, if the numbers go up for this episode, then I'll try and get.


00:13:04:02 - 00:13:06:02

Hannah

Yeah, we know why we know.


00:13:06:04 - 00:13:07:04

Kris

Anyway, moving.


00:13:07:04 - 00:13:30:09

Hannah

On. So going back to what Eddie Comforts was saying. Yeah, he said that he felt this topic was just so stressful for people that he needed to give them a heads up. And I don't know about you. I'm definitely someone who can find talking about thinking about using money. Stressful. Like I'm someone who sometimes I'm not sure if I want to check what my bank account balances because I'm not quite sure what I'm going to find.


00:13:30:10 - 00:13:52:04

Kris

Realizing, of course, that some people and ourselves included in a far more privileged with our position and money and privilege doesn't mean that we're filthy rich and riding around in Lamborghinis, but it does mean that our needs are met financially and that we have a source of stable income and that we're able to utilize our economic power in ways that other people aren't or a disadvantage.


00:13:52:04 - 00:14:15:04

Kris

So we realized that there such a wide variety of perspectives and thoughts on money. And that's why I was sitting on a blank sheet of paper for this episode for a while, because I didn't want to come in and kind of tell people how to suck eggs, you know, people who have to earn money and maybe they're on the minimum wage or are looking for alternative ways to generate money.


00:14:15:05 - 00:14:28:21

Kris

Having someone on a podcast tell them, you know, you shouldn't be spending on this or this or this is not our place to do that. In fact, we're not any sort of financial advisors as we sit in our brand new disclaimer. But it is important that we reflect at the part that money plays in our lives.


00:14:28:22 - 00:14:46:20

Hannah

Yeah, and I really like what something we talked about earlier, Chris, was how this conversation we don't want it to be judging the way that people use their money because there's no right or wrong here. But we can each decide for ourselves what is right for us in this season of our lives in terms of how we use our money.


00:14:46:20 - 00:15:06:01

Kris

Yes. And we'll talk about some of the nuance around spending versus the value of money, because spending in itself is not a bad thing and saving in itself is not a bad thing. But they all have avenues and trajectories that they sit us on. And at some of those trajectories that we want to explore in this episode, totally.


00:15:06:07 - 00:15:25:04

Hannah

So let's go a little bit more into your reflection. Chris and I found that really interesting. That idea of being able to build common sense by how we use our money over time. So do you just want to talk a little bit more about that and about that idea of like prioritizing a long term goal over immediate desire?


00:15:25:05 - 00:15:37:18

Kris

Yeah, I have to make a confession, though. I only started writing with this topic in mind because I wanted to utilize the pun of dollars and cents. So I actually started with the title office where I should make something out of this.


00:15:37:19 - 00:15:40:00

Hannah

It was good. I like the pun. I love the pun.


00:15:40:01 - 00:16:11:04

Kris

I don't know whether they'll make it to the final episode title, not maybe get it to Chris can put it in for consideration, but to me it was a trading enough idea to follow through and pull on the thread about how money is something that really informs a life trajectory. And part of that is those everyday decisions that we make around money, which again, we've talked about how rhythms crop up and just so many different little ways and out and out everyday lives and money is so much one of them.


00:16:11:04 - 00:16:35:04

Kris

It's everywhere, you know, it's so ubiquitous. It's a part of our life. We structure our lives around, work around the generation of money, of selling our time for for money. Society is formed around it and so the idea that the decisions we make inform how we shape our understanding with money and in a sense how we make decisions was really fascinating for me.


00:16:35:04 - 00:16:51:10

Kris

So this idea of common sense and unfortunately it's not so common sometimes, but I think money is a really good training tool for us to develop just common sense habits and patterns that can reveal a richness underneath. And I think that's where we landed.


00:16:51:11 - 00:17:16:06

Hannah

Yeah, and I think, yeah, I like that idea because it is common sense that we often rely on. Maybe if we're lacking a bit of knowledge, we're just not sure. We tend to fall back on our common sense and that is an idea that I love the patterns and how I use my money. I good for me patterns so that when I fall back or rely on them, they are supporting me towards their financial last solo goals that I've decided are right.


00:17:16:08 - 00:17:19:11

Hannah

Then they end this season. So yeah, I think it's such a cool idea.


00:17:19:11 - 00:17:45:22

Kris

Because common sense to me is like just a toolbox of tools that have built up over time. I keep thinking back to when we first took possession of our house. We didn't really have well-stocked toolbox. We had a couple of bits and pieces because they were the only tools we needed for that moment. So we might have had a screwdriver set for small repairs or things, but we didn't need a package or really or this or anything like that.


00:17:45:22 - 00:18:16:10

Kris

And it's I think the same with common sense, is that they're little bits of knowledge or understanding or lessons that we've learned or wisdom over time that we've picked up from when we have needed to make a decision or to address a problem or to face a circumstance. And then if we've got good self-awareness, we sort of take those lessons and we put them away in our little common sense tool chest and those are live and you might not ever need that tool, but for that one occasion you need a perfect all my woodworkers and DIY as well.


00:18:16:10 - 00:18:24:23

Kris

Know that when you need that one tool and you've got it, it's super helpful. Nothing worse than getting a job. We don't have the right tool when you've got to go down to the hardware store and buy it.


00:18:24:23 - 00:18:34:18

Hannah

Yeah, for sure. And I feel like common sense, like probably sits right next to rhythms and the toolbox and they must face some of those tools that you just use every day on the job, right?


00:18:34:20 - 00:18:36:07

Kris

Yeah, Yeah, absolutely.


00:18:36:09 - 00:18:55:04

Hannah

So do you have an example of what common sense in terms of financial common sense looks like a new life, like a pattern that you've developed or even just an example of how you've been able to prioritize a long term goal because it's something you talked about, prioritize a long term goal over meeting an immediate desire.


00:18:55:06 - 00:19:17:13

Kris

That's really hard because it challenges what our current sort of societal speed limit is in terms of our consumption rate. You know, we've got our phones with us everywhere we go. We've got streaming services, we've got so many things that we can consume now. And I don't feel like to everything just moves at the speed of light sometimes.


00:19:17:14 - 00:19:17:24

Hannah

Yeah.


00:19:18:04 - 00:19:36:18

Kris

You know, it's like the Soma is a new TV series or there'll be a new Marvel movie or a new remake of a Disney movie that comes out. It's just everything's moving so quickly. And that means that we can be so absorbed in the here and now what's right in front of us at that moment, what we're consuming at that moment.


00:19:36:18 - 00:20:04:17

Kris

And so that trains us to think small term. I think, you know, even the idea that people tune in for a ten episode run of a show almost seems like you're taking up too much of their time. Right. And so it's like a piece of social conditioning. And so I think the immediate first thing for people to develop good financial common sense is to think more long term, think more, think wider than the very present.


00:20:04:17 - 00:20:30:21

Kris

And I know that sounds so basic, but it is basic. It's an understanding that your paycheck, for example, is something that can spread, it can grow over time. And I think just based on how society is at the moment, at so easy to just think of things in short term bursts. So that's the first thing. And once I think you're in a space where it's more normal to think about long term outcomes, it's not people's fault.


00:20:30:21 - 00:20:39:18

Kris

I'm not blaming anyone. That's just the way I feel like the world is, that it's all about maybe just making it to the next day or making it this far.


00:20:39:18 - 00:20:58:14

Hannah

And potentially even like thinking about the season. And right now in the world where so many of us are experiencing tighter, you know, bank account spending, that does limit our ability to think, well, we don't know so much what our finances are going to like in the future. So for some people they do stuff imagining and dreaming and yeah.


00:20:58:15 - 00:21:05:18

Kris

Yeah, this is big sort of economic headwinds that affect people and yes, everything's so expensive.


00:21:05:20 - 00:21:07:13

Hannah

Yeah.


00:21:07:15 - 00:21:27:06

Kris

Vanessa and I, for example, decided that we wanted to buy a house. We set a trajectory and planning thing is that we, we're in a position to be able to put a deposit down on a house, but we in fact chose to travel and I think it was the 2018 or 2019 Hanna that you, me and Marissa went to Europe, I think.


00:21:27:06 - 00:21:30:01

Hannah

Yeah. 2017 actually, we've been friends a long time.


00:21:30:01 - 00:21:46:14

Kris

Oh man, that was I just go and at the time we, we spoke to a mortgage broker who said, no, no, no, no, no, no. The best time to buy is now. You know, don't waste your money on a trip. Put that money towards your house. And that's the wise thing to do. And we'll talk about the value of things later.


00:21:46:14 - 00:22:09:18

Kris

But for us, it was a long term priority to travel and to see the world and a long term priority to to have a house. But we felt it was so valuable for us to have this experience, this amazing, incredible experience, which we are so glad that we did. And we had set a trajectory we still wanted to buy a house, and that trip was part of that trajectory.


00:22:09:18 - 00:22:27:13

Kris

It was a stop. It was a hitting towards the end financially because we had made that long term goal that we wanted to travel and then eventually buy a house. We were able to move in that direction and I think that would be my main piece of advice is set the trajectory that has a long term outcome.


00:22:27:15 - 00:22:44:00

Hannah

That makes me think of another friend of ours who's also been on an overseas trip with you. And I remember one summer we were out at a cafe getting like, I don't know if we were having a lunch or just drinks, and this friend said, Oh, actually I'm not going to get a drink because I'm saving money for this trip and going on with Chris, Vanessa.


00:22:44:04 - 00:22:47:14

Hannah

And I was like, Wow, I admire that so much.


00:22:47:14 - 00:23:06:18

Kris

Yeah, it takes a lot of self-discipline to do a small change that you can't really see the outcome of it. Like a $4 coffee or, you know, if you give that up in the moment, all you could think is just $4. But you know, times that buy two or three times a week, times 52 weeks a year, whatever, it adds up, you know?


00:23:06:20 - 00:23:19:23

Kris

Sure. And again, we all talk about this idea of value, but in that example, the person chose the long term satisfaction of a holiday versus the very short term satisfaction of the dream.


00:23:20:00 - 00:23:25:00

Hannah

Yeah, maybe he was picturing himself having a drink in Thailand somewhere instead.


00:23:25:02 - 00:23:27:17

Kris

And how much sweeter with that drink of the record.


00:23:27:19 - 00:23:45:16

Hannah

So one thing that we're going to talk about a little bit later in the episode as well as a little bit of that idea, what are the rhythms of our lives that can support us to achieve and move towards our financial goals? And I think like that friend of ours had developed a new rhythm for that season. The rhythms moved a little bit to help him achieve this financial goal, which really wasn't a financial goal.


00:23:45:17 - 00:24:05:10

Hannah

That was a life occasion. You know, significant life moment was the real goal. But before we get there, you say that the past paths we chose in terms of how we spend our money show what we prioritize. I love that idea of doing a spending audit just in case people missed any reflection. Don't just talk a little bit more about what a spending order is and how that can be helpful for us.


00:24:05:10 - 00:24:27:12

Kris

Yeah, this is really simple. So instead of having your finances on autopilot and things disappearing out of your bank account without you knowing that this is a good idea to just cast your eye over the types of charges that are going in and out of your account. A lot of people might sign up for, I don't know, like a streaming subscription or something and forget you might be finished Ted Lasso or something and they don't need Apple TV anymore.


00:24:27:12 - 00:24:46:24

Kris

And so you like to get to cancel and then it just keeps disappearing out of your account and you don't realize. So it's a really good chance to very practically just see where your funds are going. But I think more importantly, it allows you to critically revalue the things that you're spending money on. And it's not demonizing one spending pattern over another.


00:24:46:24 - 00:25:08:01

Kris

It's more about saying, do I value this? Does it make my life better or fun or more enjoyable, or does it challenge me or does it add richness to my life? And it's such a good opportunity because it's very empirical, like it's all on paper, you know, you don't have to reach into your brain and wrestle with some abstract concept.


00:25:08:01 - 00:25:13:13

Kris

You know, you can generally just log into an Internet banking portal or something and just see your your life and numbers.


00:25:13:13 - 00:25:29:06

Hannah

Yeah, totally. And I think as well might reveal some things. And it also gives us the opportunity to go, Oh, am I actually putting my money where my mouth is? So potentially you think that you value something, but when you go and look at your finances, well, maybe that doesn't seem to align and.


00:25:29:06 - 00:26:10:11

Kris

You can start to trace back and plot out the priorities that you've been putting at the front. And that's the idea I was trying to get across is that our spending patterns really reveal a lot of who we are and maybe your spending is on sustainable products. And so you can see revealed there a little bit of your priority around environmental awareness or, you know, maybe you're into the brand names and you're seeing lots of brand name receipts and your banking history, you know, points to something and again, we're not placing judgment on what those things are other than to highlight them or maybe put a pen in them and say, hey, maybe this is


00:26:10:11 - 00:26:16:18

Kris

worth taking a look at and reexamining whether this is a rhythm in my life that I want to break.


00:26:16:20 - 00:26:34:12

Hannah

As you were talking about that it reminds me I sort of been going through this process a little bit. Right now. I've got a number of different subscriptions for things. And I've been trying to looking at, oh, what can I cut back on? And one thing I've really been struggling to let go is a subscription to like a dog training program that I've been using.


00:26:34:12 - 00:26:56:13

Hannah

And I want to keep it because it's telling me every time that money goes out of my account, you should be doing more to train your puppy. And at the same time I'm going, you don't really ever log in and watch those videos. So I found that really, really difficult. I have decided to let it go and instead I bought the guys book because I know I'm much more likely like thinking about my rhythms of life.


00:26:56:13 - 00:27:05:16

Hannah

I found it really hard to fit in. Watching these videos and reading these articles, I'm much more likely to in the evening and read a book. And so that's what I'm doing. Yeah.


00:27:05:18 - 00:27:39:23

Kris

But that's that's good. That's good self-awareness that knowing that you weren't getting the value out of the online course, but that you've shifted your focus into something that you knew that you would engage with it. I did a similar thing actually, with my meal plan and that I needed something that was going to hold me accountable. And so the dual purpose of paying for a meal plan was firstly that I got a great meal plan, but secondly, seeing the money disappear out of the account every month for the meal plan as a monthly thing was a really good reminder for me.


00:27:39:23 - 00:28:02:15

Kris

And it was a financial pattern that has forked out and created new, more rich rhythms in my life and it's helped me to lose weight and to reexamine lots of other parts of my life because of it. And it was just a little reinforcing. BLOCK And that foundation, seeing that little charge come out. Yeah. So for sure, that's an interesting concept.


00:28:02:15 - 00:28:09:16

Kris

I think it's a super helpful thing to do, and you don't necessarily even have to change anything. It's more just having an awareness.


00:28:09:16 - 00:28:29:03

Hannah

Yeah, and I think so. I want us to talk a little bit about how our rhythms can support us to achieve our goals in life, financial and otherwise. And I think you're sort of getting to a near as we need that awareness, the act of listening, that knowing ourselves and what matters to us. So often rhythms help us to find that slowing down in order to do that.


00:28:29:03 - 00:28:40:01

Hannah

But yeah, you're right. If looking at what you're spending your money on or how you're using your money helps you to clarify that, that's a really, really good thing because then we can be more intentional going forward.


00:28:40:02 - 00:28:59:22

Kris

What I really think is valuable and that comes from doing spending audit as it really reveals what we value. And I talked about Netflix specifically, which I think is a really good example. So a lot of people have a Netflix or a or a subscription account of some kind, which is great. You know, that something that we might find value out of.


00:28:59:22 - 00:29:24:03

Kris

There might be a show that we really like to follow or something we like to watch. But if we have a goal, for instance, that we want to be more active and instead of going outside and going for a walk, we choose to watch something, then I would say that puts our desired value and desired rhythm and direction slick with something that's a bit more easy and a bit more in this context, distracting.


00:29:24:03 - 00:29:30:09

Kris

And sometimes you just want to watch TV, you want to watch something and just maybe it's one of those days.


00:29:30:09 - 00:29:31:06

Hannah

We all do.


00:29:31:09 - 00:29:49:12

Kris

Yeah, we all do. And that's okay. But when it's a consistent pattern over time, that's when it becomes a rhythm and I think sometimes and we talked about how not all rhythms can serve what we want, and in this case, the real true value that we're looking for is to give and that's example to get out a walk more.


00:29:49:13 - 00:29:55:02

Kris

And our financial pattern of Netflix or our subscription is getting in the way of that.


00:29:55:04 - 00:30:09:22

Hannah

That's making me think about. So I know I walk more often when I have the right shows. So this is like slip on shoes. I don't have to bend down and tie my laces and I know I walk more when I have those trips. I also love rurally and all of the roads where I walk a gravel roads.


00:30:10:02 - 00:30:24:06

Hannah

So I wear through those shoes more often than probably if I was living back in the suburbs. So I need to be able to like for me this is what works. And me, I need to be able to buy a new pair of those shows, you know, every 4 to 6 months because I just we are through them.


00:30:24:06 - 00:30:41:04

Hannah

But that's important because I want to walk. My goal, which I want to get back to, was take kilometers every day. So I need to be able to put my money towards that. But if I look at my bank account go, oh, actually more of my money is going towards fill in the blank, that helps me realize, okay, so what am I really valuing here?


00:30:41:10 - 00:30:44:08

Hannah

What's actually going to support me to achieve this goal that I have?


00:30:44:08 - 00:31:03:03

Kris

And, you know, it's like it's not a hard conclusion to find totally. You know, you just have to be aware enough of what you want. You want to walk ten kilometers a day. And you know, to do that, you need to spend or invest money into shoes. And that money that you're spending in other places isn't serving you in that way.


00:31:03:04 - 00:31:08:01

Kris

That's right. If it were, that would be a different matter. But if it's not, then it's worth looking at.


00:31:08:01 - 00:31:30:00

Hannah

Yeah, exactly. Okay. So let's then go and talk a little bit more about how our rhythms can be supporting us to achieve our financial goals, to achieve the lifestyle that we desire regarding our finances. So we've talked about how rhythms may help us to slow down and be more present and listen to ourselves, because generally they're slow and purposeful and they helping us get where we want to be and enjoy getting there.


00:31:30:00 - 00:31:44:21

Hannah

So I'm thinking about actually we've got a future episode coming, right? I'm going to talk about this idea of slowing down and how I was on a flight recently and I was like, I felt cut off from the world. I was so slow and I thought, Well, I'm on a flight every day, so I need to find this in my every day.


00:31:44:21 - 00:32:08:24

Hannah

How is that? And so that that reflecting and understanding ourselves comes in our rhythms. What are some of those other rhythms that help us to achieve our goals? You've kind of talked about that, about why you think I've got one. So if people looked at my bank statement right now, you would say, I spend quite a lot of money on pizza from Monaco Market Shout out, It's my favorite pizza in the world.


00:32:08:24 - 00:32:29:14

Hannah

Now, the reason that I buy pizza from money and obviously it's delicious, that's one reason. But the reason I started buying pizza from them was because sometime last year they put out on their social media a message saying, Hey, we're a small business and we love being in our community and serving our community, that we really need some support.


00:32:29:14 - 00:32:49:14

Hannah

And so I developed this rhythm. I love my drive to buy pizza. I listen usually to a podcast on the way up there, I get my pizza. I'm No. One. They recognize me now and say, Oh, Pina, right, I get my pizza. So in the car I'm normally just finishing my podcast. As I pull into my driveway, I feel like I'm in Texas.


00:32:49:14 - 00:33:07:18

Hannah

When I drive on that part of the highway, it really reminds me of that. So that whole rhythm has been built around supporting the small business that I love, and yet that is just a value of mine as like my heart breaks when I see a little shop or business in my village that has closed down.


00:33:07:20 - 00:33:09:09

Kris

And as I said, so.


00:33:09:09 - 00:33:19:23

Hannah

I want to do everything I can to support them, you know, as it sits and serves me obviously as well. So I think that that's that's a rhythm of life that's supporting me to place value where I want to.


00:33:20:04 - 00:33:38:08

Kris

That's so cool. And it's financially totally worth it. Like even for me, even if the pizza costs $5 more than a mass produced pizza from a big chain, there's richness in it. Yeah, It's this idea of your neighborhood, your community, your people, the people around you. That's more of a tapestry.


00:33:38:08 - 00:33:38:21

Hannah

Yes.


00:33:38:21 - 00:33:42:12

Kris

You know, And to me, it's worth maybe $5 more to to do that.


00:33:42:12 - 00:33:44:24

Hannah

It is really good. Next time you have an income stylish, you get.


00:33:44:24 - 00:34:23:22

Kris

Pizza from me. Yeah, it sounds good. I have a similar one, actually. It's food related. I love to walk down to the local McDonald's occasionally and I know that a Sausage McMuffin combo is exactly 500 calories if I get it with a small trim, flat, white. And so knowing that has meant that I can occasionally get a fast food breakfast that fits within my goals, I like being able to pop my AirPods in and generally it'll be an audio book, and so I'll pop AirPods in and go for a stroll maybe about 10 minutes down the road or from the kiosk, wait for my number, generally get the coffee first, and then the food, and


00:34:23:22 - 00:34:47:01

Kris

then I'll go sit by the same row of seats that faces out opposite the train station. And I can just look at people sort of milling in and out of the train station. Really, my food and listen to my book and then just walk back to work. Having that is something I can look forward to as a little treat for when I've been eating really clean as really nice, you know, has I'm not trying to overcomplicate it.


00:34:47:01 - 00:34:56:08

Kris

It's just a really nice little rhythm that I've allowed myself to enjoy. And it's grown into something that I really value. It's funny how a lot of these are about food.


00:34:56:08 - 00:35:16:12

Hannah

And I know. Okay, so I can I just add one more, which is yeah, when you talked about that, it made me think of that. I've talked before about my morning rhythm involves making a coffee and that sort of started because I don't pass any easy to stop coffee places on my way to work anymore. But also it's because I wanted to save money, right?


00:35:16:12 - 00:35:42:22

Hannah

Like I was buying a coffee when I worked on Cuba Street and Wellington, I potentially was buying multiple coffees a day and I decided actually I don't want to spend that money in other ways. So now I have developed this rhythm where I make my coffee and I just love it so much. That's a rhythm that I've developed for this season of my life where I don't want to spend money on coffee that often, and it's something that's helping me get where I need to go and I love it.


00:35:43:00 - 00:35:45:13

Hannah

So it's happening. They enjoy getting there as well.


00:35:45:13 - 00:36:07:17

Kris

Yeah, and it doesn't become a chore or something that you're forced to do. It's something that you've given yourself permission you have allowed yourself to say in the season. It's not something that financially I need to commit to. Like I don't need to get a coffee every morning and I'm still getting the same amount of value in the same amount of richness in my life and my daily routines than I did when I was buying the coffee.


00:36:07:19 - 00:36:15:05

Kris

It's just I've reassigned that value to something in this moment that feels more deserving and more present, more timely.


00:36:15:09 - 00:36:19:16

Hannah

And so of course, a different rhythm is needed to support it. Yeah, yeah.


00:36:19:22 - 00:36:20:14

Kris

To accommodate.


00:36:20:14 - 00:36:41:20

Hannah

It. Exactly. I've got one more rhythm that I thought of, a rhythm that has helped me towards achieving like my financial goals and lifestyle as that I name my bank accounts, really fun names. And so when I say the money get transferred and to that, that just brings me like a little bit of daylight that's not so much a doing thing I'm doing.


00:36:41:20 - 00:36:53:00

Hannah

But seeing that happening and when I'm opening a new account or changing the pips of account, giving it a fun name, it's that helping me enjoy the getting the part of saving money in that account.


00:36:53:00 - 00:37:14:04

Kris

Yeah. Actually, Vanessa and I do the same thing. We have lots of different bank accounts and they're all for different things. We don't get so creative with the names, I don't think. Well, they're very practical names. Maybe we should find some fun ones to do. But there's one for our little dog, Rooney. A little photo of her when she was a puppy and helps us organize and figure out what's going where.


00:37:14:04 - 00:37:22:01

Kris

So maybe easier, but more practical and maybe not as delightful as some of yours. I wonder, are you saving for something in particular?


00:37:22:03 - 00:37:46:12

Hannah

Yes. So I would like to have a trip in the winter like across Canada. And so the bank account name will be something like Canada. Let's go. Or something like that. All caps, of course. So then every time I see the money go into that, it's going in. That's just a little bit of fun as a it's a fun rhythm of coming up with a name for an account and then seeing that money move over every fortnight into the account.


00:37:46:12 - 00:37:52:05

Hannah

So I am delighting in the rhythm, which is how I make it where I want to be, which is Canada in the winter.


00:37:52:05 - 00:38:02:22

Kris

That's such a cool goal to have literally and figuratively. I'd love to do a winter Christmas and like New York or something, you know.


00:38:02:24 - 00:38:05:06

Hannah

Course it is a service.


00:38:05:06 - 00:38:26:23

Kris

So whatever your goal is and, and it's got a really great one. I think it's important for us to remember and to remind ourselves that the amount of money that's in our bank account, whether it's small or big, doesn't actually have any bearing on our value as people. Unfortunately, the world likes to put value in numbers and unfortunately we buy into that a little bit.


00:38:26:23 - 00:38:50:07

Kris

So whoever's listening to this, whether you've got one, two, three, four, five, six zeros in your bank account, just know that your value as a person isn't defined by that number. It's defined by so much more. Whether you're struggling financially, whether you're comfortable financially doesn't matter. You're still a person is still valuable. You still got something to bring and something to share.


00:38:50:07 - 00:39:14:18

Hannah

Thank you. Because I think that's a really important way for us to finish up. But before we do, we would need to talk about what other rhythms then that you and I want to implement in our own lives that can support us with us. So for me, it's about subscriptions that I don't want to keep paying for. But they were put in place to help me in chasing my goals, which is to have an obedient puppy and to have a cozy, minimal home.


00:39:14:18 - 00:39:31:21

Hannah

So the and the rhythms that I need to put and then are writing and engaging with the books rather than the online communities that I have been part of. So that's something that I want to look at this week, the season that I'm in right now, in terms of like the season of the year is winter, it's cozy.


00:39:32:02 - 00:39:46:17

Hannah

So in the evenings, Taskmaster unfortunately is finished. So I have a whole nother evening rack and cozy up by the fire and write a good book that's going to either minimize my home or train my dog hunger, which is probably the more essential one right now.


00:39:46:19 - 00:39:51:11

Kris

Very inspirational. And you've been given the gift of time.


00:39:51:13 - 00:39:52:09

Hannah

Yes.


00:39:52:11 - 00:39:53:24

Kris

Now that taskmaster is over.


00:39:54:05 - 00:39:55:05

Hannah

What about you, Chris?


00:39:55:05 - 00:40:03:21

Kris

A lot of this episode actually came from the fact that we did do a mini spinning order because we're currently renovating part of our house and it's starting to climb.


00:40:03:21 - 00:40:06:16

Hannah

Looking good, though, Chris. Last time I saw it, it was looking great.


00:40:06:16 - 00:40:34:21

Kris

Oh, man. Thank you. That's very kind. Maybe I'll post a photo of the room when it's done in 2027, but we did a mini spending audit just to see if we could cut nonessentials or things that we weren't getting value from. So I think maybe our next step would be to have like a real nail down and have a look and to some more of that spending with this sort of lens and mind and start to look at some of the things that maybe we're not getting the same amount of value from.


00:40:35:02 - 00:40:52:07

Hannah

Yeah. And finding the like, the familiar loveliness that helps you enjoy it. All right. So just before we go, Kristen, I wanted to just give you a little spoiler of what our next episode is going to be about. We can look forward to, in case you haven't realized yet. And this season we're going to be releasing episodes fortnightly.


00:40:52:09 - 00:41:02:14

Hannah

So in a fortnight you can look forward to an episode where we're going to be discussing the rhythms that are saving our lives right now. Chris Have you been writing down ideas? Oh.


00:41:02:16 - 00:41:03:03

Kris

I have.


00:41:03:04 - 00:41:11:21

Hannah

Yeah. I have been to as I've like doing a draft rhythm recently and I'm realizing it's one of the ones saving my life. So you can look forward to that extent.


00:41:11:24 - 00:41:32:10

Kris

That's it. And we as well will talk a little bit more about the podcast because we've just been so blown away by the support that we've received so far from the first three episodes. So we just want to again, thank you all so much for your incredible support for your messages on Instagram and on Spotify. Those have voted in polls and answered.


00:41:32:10 - 00:41:56:08

Kris

The Q&A is and we haven't yet received the voice message, but we'd love to feature those on an episode. Thank you. Thank you again. And remember, you can find all of the show notes, transcripts, things like that on its rhythm section. Remember it's r h, y to msnbc.com and find us on Instagram as well at its rhythms Podcast.


00:41:56:09 - 00:41:59:14

Hannah

Thanks for making us part of your podcast. Listening rather.


00:41:59:16 - 00:42:03:20

Kris

Nice. All right, See you later.


00:42:03:22 - 00:42:32:08

Hannah

Thanks for listening to the Rhythms podcast for show notes, episode transcripts and more. Remember, it's r h y t h in is tor.com. That's its rhythms dot com. And if you enjoyed today's episode, don't forget to subscribe, write and review on your favorite platform. It really helps us out. Plus, we want to hear from you. If there's a rhythm in your life you want us to talk about or a question you'd like to ask us about this episode or any others, please do get in touch.


00:42:32:10 - 00:42:46:18

Hannah

You can us at the Rhythms podcast at gmail.com. You can DM us on Instagram, at it's rhythms, podcasts, or if you're listening on Spotify, make sure you use the Q&A feature. See you next time on the Rhythms podcast.



Comments

Popular Posts