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001: George Kinder - Making Money the Servant, Not the Master

001: George Kinder - Making Money the Servant, Not the Master

FromMindful Money


001: George Kinder - Making Money the Servant, Not the Master

FromMindful Money

ratings:
Length:
40 minutes
Released:
Mar 31, 2022
Format:
Podcast episode

Description

George Kinder is the Founder of The Kinder Institute of Life Planning and the author of multiple bestsellers, including The Seven Stages of Money Maturity and Life Planning for You. He has revolutionized financial advice for more than 35 years by training over 4,000 professionals in 30 countries in the field of financial Life Planning. George has won many awards in the financial planning industry, and was named one of the thirty-five most influential people in financial services. 
Today, Jonathan and George talk about the psychology of money and where George’s unique perspective on money originated. George expounds on The Three Domains of Freedom and why he believes that life outcomes are more important than financial ones. Finally, George talks about his current project, Reflections on Spectacle Pond, which is being released serially (for free) via email.
Watch on YouTubehttps://youtu.be/ShrEFj27Ubg (https://youtu.be/ShrEFj27Ubg)
Key Takeaways00:43 – Jonathan introduces today’s guest, George Kinder who joins the show to share some of the early lessons he learned about money growing up 
05:32 – George expounds on his views on money 
07:48 – Where George’s unique perspective on money originated 
10:52 – Why life outcomes are more important than financial outcomes 
12:10 – The Three Domains of Freedom 
16:13 – The transition from financial advisor to training financial advisors 
22:31 – The psychology of money 
25:45 – Financial tips and best practices 
30:35 – What people should ignore when it comes to finances 
31:50 – The art of inner listening 
35:37 – Jonathan thanks George for joining the show and asks a couple of closing inquiries 
Tweetable Quotes“As I’ve grown older and explored more, I think that the lessons were deeper, and earlier, and richer, and went back even before money was a conscious thing for me.” (03:39)
“Money is an abstraction. What’s important is life, each of our lives, and the freedom we feel in life.” (04:57) 
“I want to live with my writing, with my spirit, with my graphics, with my art. I want to live like an artist. I want to live completely free in that world so that what I bring into the world is pure, and unusual, and intriguing, and not governed by financial forces.” (11:27) 
“I think the Dalai Lama said this, but I completely concur. I think it’s an enormous moral failure in America, and in the West, that three men own as much as half of the American population own.” (15:36) 
“Saving is really valuable. The more you can save, the better. And the more early on you can save and put it to use so it compounds, it’s just amazing.” (26:58) 
“When I think about what I would love as a tombstone - what people might say about me - is that he encouraged us to be more of who we are. He encouraged us to be more ourselves.” (37:07) 
Guest ResourcesGeorge’s Websites –https://justanotherrunner.net/ ( )https://www.kinderinstitute.com/george-kinder/ (https://www.kinderinstitute.com/george-kinder/)
https://www.georgekinder.com/ (https://www.georgekinder.com/)
Reflections on Spectacle Pond: The Weekly Edition
George’s Books: 
Seven Stages of Money Maturity –https://www.linkedin.com/in/whitney-heins-02ba3b5 ( )
https://www.amazon.com/gp/product/B006V3E2YU/ref=dbs_a_def_rwt_bibl_vppi_i0 (https://www.amazon.com/gp/product/B006V3E2YU/ref=dbs_a_def_rwt_bibl_vppi_i0)  
Life Planning for You –https://www.linkedin.com/in/whitney-heins-02ba3b5 ( )
https://www.amazon.com/gp/product/B00KOEXZIQ/ref=dbs_a_def_rwt_bibl_vppi_i2 (https://www.amazon.com/gp/product/B00KOEXZIQ/ref=dbs_a_def_rwt_bibl_vppi_i2)
Transforming Suffering Into Listening –https://www.linkedin.com/in/whitney-heins-02ba3b5 ( )
https://www.amazon.com/Transforming-Suffering-into-Wisdom-Mindfulness/dp/0979174333 (https://www.amazon.com/Transforming-Suffering-into-Wisdom-Mindfulness/dp/0979174333) 
Mindful Money...
Released:
Mar 31, 2022
Format:
Podcast episode

Titles in the series (100)

Do you struggle with money? You’re not alone. Money is a means, not an end. It’s a necessity of life for sure, but more money does not always guarantee a “good life”. Money enables many aspects of modern life, but as a dominant consideration it becomes destructive.  The paradox is that more time and energy spent on personal finance does NOT create better outcomes. Unlike many other parts of life, we can’t create better outcomes by being smarter, spending more time, or putting in more effort. Join Mindful Money author and experienced 40-year investor Jonathan DeYoe as he shares stories from artists, authors, entrepreneurs, and other advisors about how they mindfully minimize their need to think about money and get more out of life. If you aren’t happy with your finances, feel like money takes more time that it should, or want to place your financial decisions into the broader context of your life, this show is for you.  Each episode will draw the line between the “enough” activities that the academics tell us are additive to family outcomes, and those “little bit more” efforts that take time and sap energy, but do NOT improve outcomes. This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy