Upcoming Event!

How Can Mindfulness Help You Reach Financial Independence?

Do you want to reduce money anxiety, but don’t know who to trust?

Would you like to learn how to set up and manage your own retirement plan?

Do you want to know how we create a passive income stream you can’t outlive?

If yes, join us and learn how to answer the 4 critical financial independence questions:

Am I on track for financial independence?
What do I need to do to get on track?
How do I design a mindful investing portfolio?
How do I manage that portfolio and my income over time through changing markets?

Learn more: https://courses.mindful.money/financial-independence-bootcamp

Julia Keller is a Pulitzer Prize-winning journalist, novelist and teacher. She has a PhD in English Literature from Ohio State University and has taught at Princeton, the University of Chicago and Notre Dame. She was the chief book critic and staff writer at The Chicago Tribune for many years before she stopped journalism and started to write books.

Today, Julia joins the show to discuss how growing up in West Virginia shaped her outlook on money, why she’s challenging the negative connotation surrounding quitting, and how quitting certain things can help shape you into an even better version of yourself.

📺 Watch on YouTube

https://youtu.be/g7RZFxsGaeY

Key Takeaways

00:50 – Jonathan introduces today’s guest, Julia Keller, who joins the show to share what she learned about money and entrepreneurship growing up in a historically poor state, West Virginia

05:05 – The role money played in Julia’s life growing up

08:55 – The stigma behind the word ‘quitting’ and Julia’s definition of the word

14:14 – Julia’s quitting story and misconceptions on success, perseverance and grit

25:22 – Scientific studies on quitting

30:56 – Quitting our belief systems

36:07 – One thing we can do today to make better decisions and one thing to completely ignore

42:39 – The last thing Julia changed her mind about and the one question Julia would want to know the answer to

46:55 – Jonathan thanks Julia for joining the show and lets listeners know where to connect with her

Tweetable Quotes

“There’s a phrase I like - it’s another writer’s phrase but - ‘Appalachian Fatalism.’ And that’s something I certainly witnessed growing up: people who were hard working, good, decent, honorable people who just constantly, constantly were running up against that lack of money.” (04:34) (Julia)

“I think as children we’re uniquely attuned to the financial situation in the family. Whether we can articulate that or not, you know it and you feel it.” (05:30) (Julia)

“Money takes on this outsized importance in our lives. And you only think of what you don’t have and not what you do have.” (08:01) (Julia)

“Quitting’ can be from a positive standpoint by saying, ‘No longer that direction. No more of that. More of this over here.’ And you’re making that active choice. And that’s why I hope people can begin to see ‘quitting’ as a positive thing. It’s not what you’re leaving behind, it’s what you’re moving towards.” (11:14) (Julia)

“If we start looking at the world as a ‘cause and effect’ universe, where two plus two always equals four, we’re doomed because we just know that isn’t true. And honest people will tell you that.” (22:26) (Julia)

“Things are hard. It’s hard to learn a new skill. It’s hard to learn a new language. It’s hard to run a business. It’s hard to do all of those things. And because something is hard, that doesn’t mean quit when it gets hard. But it also means to not stay the course just to stay the course.” (23:13) (Julia)

“You have to be sensitive to individual capacities, the emotional proclivities that we have because we’re all so very different. To suggest that there’s a ‘one-size-fits-all’ attitude - meaning always stay the course and never quit - is quite wrong and can be quite damaging, too.” (24:31) (Julia)

Guest Resources

Mindful Money Resources

For all the free stuff at Mindful Money: https://mindful.money/resources

To buy Jonathan’s first book - Mindful Money: https://www.amazon.com/Mindful-Money-Practices-Financial-Increasing/dp/1608684369

To buy Jonathan’s second book – Mindful Investing: https://www.amazon.com/Mindful-Investing-Outcome-Greater-Well-Being/dp/1608688763

Subscribe to Jonathan’s Weekly Newsletter: https://courses.mindful.money/email-opt-in

Capture the most important benefit of an advisor – behavioral support – without the 1% fee: https://courses.mindful.money/membership

For more complex, one on one financial planning and investing support with Jonathan or a member of Jonathan’s team: https://www.epwealth.com/our-team/berkeley/jonathan-deyoe/

Website: https://mindful.money

Jonathan on LinkedIn: https://www.linkedin.com/in/jonathandeyoe

🎙️

Podcast Production & Marketing by FullCast

Back to Podcast Homepage

This podcast uses the following third-party services for analysis:

Chartable - https://chartable.com/privacy

Opening the Heart to the Everpresent Here and Now