Emotional Balance Sheet with Paul Fenner

What does the mainstream media get wrong in their economy and stock market coverage? How much does the economy influence the stock market and vice versa? Neil Dutta, a noted business economist from Renaissance Macro Research and father of 1 plus twins, takes us on a journey into investment advice's economics and shattering stereotypes mainstream media dishes out. Neil will debunk the myth of the 'doomer' in investment circles and offers a fresh perspective on current economic conditions, including inflation and the labor market. My conversation goal with Neil is to help you not accept what economic headlines you read or hear. Our economy is a complex organism that cannot be explained in a two-minute segment. This is why I rely on experts like Neil who can help me dig deeper and provide meaningful information to you and families I work with. Please enjoy my conversation with Neil Dutta. Connect with Paul Contact Paul here or schedule a time to meet with Paul here. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on LinkedIn, Instagram, and Facebook. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics. Follow the Show And Never Miss an Episode Follow the show on Apple Podcast |Podurama | Amazon Music | Spotify

Subscribe to the show on Apple Podcast |Google Podcast | Amazon Music | Spotify In the midst of disappointment, our emotions can run hot. Whether it's parenting, finances, or life in general, understanding the impact of emotions on our choices is crucial. Making decisions in the heat of the moment rarely leads to positive outcomes. Instead, creating space to step back, breathe, and gain clarity allows for better, more informed decisions. By being aware of our emotions, we can make strides toward achieving balance and clarity in our decision-making process. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Most couples think they end up in a therapist's office to talk about sex and money. But it's really deeper underlying issues couples are looking to hash out. Dr. Joy Lere, a licensed clinical psychologist and co-founder of Shaping Wealth, is a leading voice in the psychology of money and applied behavioral finance. In her practice, Joy has observed that individuals find it easier to disclose the details of their intimate encounters than to reveal the figures in their bank accounts. Joy's expertise lies in unraveling the profound connection between money and self-esteem, understanding it as an emotional flashpoint for couples and parents. Key Takeaways Self-awareness is a Superpower - Learn to wield the power of understanding your own and your partner's money script to build a stronger financial future together. Financial Wellness is a Team Sport - Embrace financial discussions and check-ins with your partner as a path to closer bonding rather than a chore. Hint: Check out temptation bundling to make this process more enjoyable! Joy discusses the complexities that arise when individuals in a relationship come from diverse financial backgrounds, acknowledging that such differences are frequently the seedbed for conflict. Joy's insights shed light on people's silent struggles when discussing earnings, identifying money as a cornerstone of personal identity that people fiercely guard. Please enjoy my conversation with Dr. Joy Lere. Connect with Paul Contact Paul here or schedule a time to meet with Paul here. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on LinkedIn, Instagram, and Facebook. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Do you give an honest answer when someone asks, "How are you doing?" Or do you give the typical generic response about how "busy" you are? Paul Graham is an investor who has worked with thousands of startup companies and is also a prolific writer. I imagine that Paul has some valuable insights into what it means to be busy. The central thesis behind our discussion is Paul's essay "How to lose time and money." Within it, I go deep into the idea that the most dangerous way to lose time is not to spend it having fun but doing fake work. Connect with Paul Contact Paul here or schedule a time to meet with Paul here. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on LinkedIn, Instagram, and Facebook. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Trust that today's conversation holds valuable guidance for those grappling with the emotional hurdles of a career change or fine-tuning work-life balance, especially busy parents. We welcome back our resident career expert, Carrie Schochet of Purple Squirrel Advisors, to discuss everything from the delicate balance of flexibility in the workplace to maintaining privacy during a job search. Here are a few key topics The strategic use of AI to navigate resumes, job applications, and interview questions, The subtle art of exploring new opportunities without commitment and The psychology of changing careers or jobs while understanding the emotional hurdles between the two. The pandemic has reshaped the work environment. We confront the challenges and benefits of remote work, considering parents' perspectives, the desire for flexibility and social interaction, and what this means for the future of workplaces. Please enjoy my conversation with Carrie Schochet. Connect with Paul Contact Paul here or schedule a time to meet with Paul here. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on LinkedIn, Instagram, and Facebook. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

The Gap and The Gain Do you see the horizon, but it's not moving? Our purpose is a lot like the horizon; it is helpful to figure out your direction and to plan your journey, but you can't reach your purpose any more than you can arrive at the horizon. A few years ago, I came across a book by Dan Sullivan titled The Gap and The Gain. It was somewhat life-changing at the time and continues to hold a theory I wrestle with today. A theory I discuss with the families I work with and even my kids. The idea we discuss in this episode is how we measure progress by looking back from where we started, rather than comparing ourselves to an ever-changing endpoint. Follow the Show And Never Miss an Episode Listen on Apple, Spotify, Amazon Music, Work With Paul Contact Paul at https://www.tammacapital.com/contact or use this scheduling tool to set up your free alignment meeting. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Christina Gravert, a behavioral scientist and a new mother, has something to say about motivation and habits. Ten months after welcoming a baby into her life, Christina confronts a reality familiar to many: the struggle of balancing personal objectives, like returning to the gym, with the demands of parenthood. Her experiences have led her to probe deeper into the nature of motivation and its limitations. Christina understands firsthand that motivation, like any fleeting emotion, can wax and wane. Through her research, Christina concludes that sheer willpower is not a sustainable strategy for long-term behavior change. Instead, Christina advocates for a more strategic approach in her insightful article, Why Triggering Emotions Won't Lead to Lasting Behavior Change By reducing the "costs" associated with desired actions—making it to the gym, engaging in bedtime storytelling, or cooking healthy meals at home—we can make it easier to maintain these practices even when our motivation dips. Her thoughts resonate with many who have found themselves setting ambitious New Year's resolutions, only to see their determination fade into daily life's distractions and competing priorities. Christina Gravert's insights encourage us to rethink our reliance on motivation and to create environments and systems that support our objectives, making desirable behaviors more effortless. Resources Featured in This Episode: Christina Gravert Why Triggering Emotions Won't Lead to Lasting Behavior Change Hal Hershfield – Your Future Self: How to Make Tomorrow Better Today Follow the Show And Never Miss an Episode Listen on Apple, Spotify, Amazon Music, Work With Paul Contact Paul at https://www.tammacapital.com/contact or use this scheduling tool to set up your free alignment meeting.

Do you know what the difference between tax planning and preparation is? Were you even aware that this is a difference between the two? Today, we delve into the often-misunderstood differences between tax preparation and tax planning. With tax season upon us, it's crucial for everyone to grasp the objectives and intricacies of both. We discuss practical examples of tax planning, from retirement account contributions to college planning and charitable contributions. Additionally, we outline the numerous benefits of tax planning, including long-term savings, improved investment efficiency, enhanced retirement planning, and overall peace of mind. Tax planning is an essential part of a holistic approach to personal finance, aligning closely with your family's purpose and objectives, which are both personal and financial. Taxes touch every part of your personal and financial life. By understanding and utilizing tax prep and tax planning, your family can make more informed decisions supporting your short and long-term objectives. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics. Follow the Show And Never Miss an Episode Listen on Apple, Spotify, Amazon Music, Work With Paul Contact Paul at https://www.tammacapital.com/contact or use this scheduling tool to set up your free alignment meeting.

oday, we're diving into the second part of our insightful series with college planning expert Heidi King. If you thought college planning was just about selecting the right campus vibes for your kids, prepare to think again. We continue unraveling the complexities of the modern financial aid landscape, a terrain changed by replacing the expected family contribution with the new student aid index, shifting how college costs are calculated and how families can prepare. Get ready to dive into the nuances of the FAFSA (Free Application for Federal Student Aid), its role in college marketing, its simplification, and why even those who might not expect to qualify for aid should still fill it out. Heidi brings us personal stories from the frontlines of college tours and campus visits, insights into the often-overlooked details of financial aid packages, and the finer points of scholarship stacking and its pitfalls. Please enjoy my conversation with Heidi King. Part 1 - Heidi King - The High Stakes of College Planning for Parents For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics. Follow the Show And Never Miss an Episode Listen on Apple, Spotify, Amazon Music, Work With Paul Contact Paul at https://www.tammacapital.com/contact or use this scheduling tool to set up your free alignment meeting.

Are you feeling overwhelmed with college planning? If you're a high school senior or a parent navigating the college search process, it's understandable if you're feeling anxious. To help guide you through this process, our host Paul Fenner shared a comprehensive list of questions to ask during your college search in the latest episode of Emotional Balance Sheet. Paul outlines key questions to ask during your college search, covering academic, social, and lifestyle aspects. From admissions and financial aid to campus life and academic support, we've got you covered. Plus, we've included a handy list in the show notes for your reference. Stay tuned for expert insights on maximizing financial aid and tax implications. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics. Follow the Show And Never Miss an Episode Listen on Apple, Spotify, Amazon Music, Work With Paul Contact Paul at https://www.tammacapital.com/contact or use this scheduling tool to set up your free alignment meeting.

When is the right time to talk with your kids about planning for college? Why is finding the "right fit" school so critical, and what criteria do you use to choose it? Heidi King has a front-row seat in helping parents guide their kids through the college planning process, especially regarding the tough emotional side. Heidi entered college advising after a mid-career change driven largely by not finding the resources her family needed as she went through the college planning journey with her two sons. Three Key Takeaways There are real costs to not finding the "right fit" school. Transferring schools can increase the cost of college by $14,000 - $24,000. With 38% of students ending up transferring, it's crucial to consider the 'right fit' before commencing. It's essential to start early conversations about college expenses, financial affordability, and how much parents are willing to support their kids. The 'right fit' includes evaluating academic, social, and financial aspects. Considering the learning style, competitiveness, experiential learning (academics), size, Greek life, sports, and location (social), along with the cost (financial), is critical to finding that perfect fit. We also touch on why tuition costs have skyrocketed and how the college planning landscape has changed due to COVID-19. Whether you're a parent exploring college options with your high schooler or wondering when to begin having conversations with your middle schooler, there is something in this conversation for every parent and family. Please enjoy my conversation with Heidi King. For show notes and resources discussed in this episode, visit tammacapital.com/102. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Today I reflect on the milestone of my triplets turning 13 years old and the anniversary of starting his firm, Tama Capital. I share the significance of the name "Tama" and how it represents families helping families. Through personal anecdotes and engaging conversations with others, I delves into the concept of time, emphasizing the importance of cherishing moments and being present in both parenthood and relationships. Join me as we explore the profound impact of the phrase "the days are long, but the years are short," and its relevance to navigating life's milestones and chaotic moments. Follow the Show And Never Miss an Episode Listen on Apple, Spotify, Amazon Music, Work With Paul Contact Paul at https://www.tammacapital.com/contact or use this scheduling tool to set up your free alignment meeting.

Subscribe to the show on Apple Podcast | Amazon Music | Spotify UCLA Professor and author Cassie Holmes helps us unravel the intricacies of time management and emotional investment, offering valuable insights that can reshape the way you approach your daily life. We delve into the challenges of balancing a busy life, the inspiration behind "Happier Hour," and strategies to maximize productivity and happiness. Cassie's journey from being an assistant professor and a new mom to crafting a fulfilling schedule will resonate with anyone grappling with time constraints. Our conversation concludes with a powerful message – intentional time investment is the key to transforming time poverty into time prosperity. By savoring ordinary moments, investing attention in relationships, and finding joy in everyday activities, you can reshape your emotional balance sheet for a richer and more satisfying life. Please enjoy my conversation with Cassie Holmes Resources Featured in This Episode: Cassie Holmes Happier Hour: How to Beat Distraction, Expand Your Time, and Focus on What Matters Most Hal Hershfield - Your Future Self: How to Make Tomorrow Better Today For additional resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

In this episode of Emotional Balance Sheet, I dive into the topic of predictions and why it's crucial to steer clear of them, especially when it comes to the stock market and the economy. Join me as I share insights on the impact of predictions and why having a flexible approach is key to successful portfolio management. This episode is brought to you by Tamma Capital. Key Takeaways: - The stock market and the economy are not always aligned. Understanding the distinction is crucial in making informed financial decisions. - Short-term market movements may not significantly impact your long-term financial plan. Keeping a focus on long-term goals is essential. - Avoid getting caught up in predictions propagated by social media and mainstream news. Stay informed, but don't let predictions dictate your financial decisions. Tune in for a deeper dive into this important topic and gain valuable insights for your financial journey. Listen to the full episode on Emotional Balance Sheet. Follow the Show And Never Miss an Episode Listen on Apple, Spotify, Amazon Music, Work With Paul Contact Paul at https://www.tammacapital.com/contact or use this scheduling tool to set up your free alignment meeting.

Allison Schrager is an economist and writer who has taken on the complex subject of risk in her illuminating works. With astute perception and a flair for engaging storytelling, Allison seeks to debunk commonly held myths about risk—challenging the widely accepted mantra of 'no risk, no reward.' Allison's work probes into the subtleties of risk management, emphasizing that while society often chooses to ignore the inherent trade-offs of pursuing greater rewards, acknowledging these risks is crucial for not only successful investing but in every aspect of life Two Key Takeaways Financial planning must transcend beyond portfolio performance to include risk management and lifestyle planning. Consideration of inflation uncertainty and purchasing power is vital for the health of your financial future. Please enjoy my conversation with Allison Schrager.

Eight years ago, I was introduced to someone who helped change the direction of my life. I am quite positive that I am not the only person whose life has been impacted by this one person. The funny thing, this is the first time that I have been able to speak with and thank Scott Hanselman. Scott Hanselman is a programmer, teacher, and speaker. Although Scott maintains a full-time role for the Web Platform Team at Microsoft, it is his obsession and enthusiasm for technology and deliberate practice that I have found him to be an impactful person in my life. I strongly encourage you to watch Scott's talk, Scaling Yourself, which is applicable for parents, younger people beginning their careers, and for people who find themselves in the throes of a life transition. Our conversation is wide-ranging, covering how we can give ourselves the gift of grace, asking ourselves if we are saving babies, and how to be intentional with our time and those around us. Please enjoy my conversation with Scott Hanselman. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics. Resources Featured in This Episode: Scott Hanselman Scaling Yourself - Video

We all know the importance of taking a breather, stepping away from our daily grind and responsibilities to recharge and rejuvenate. But how many days of vacation do we truly need to achieve that state of zen, that perfect balance between work and life? In the whirlwind of life, we often find ourselves caught up in the vortex of work, family, and societal obligations. It's like a never-ending marathon, and we sometimes forget the necessity of pausing, of taking a breather. But, let's be honest, a single day off isn't enough to unwind. It's like taking a quick sip of water during a marathon; it helps but doesn't quite quench the thirst. Spend some time exploring the connection between the duration of vacations and their impact on decision-making. As some research has pointed out, eight days could be the optimal length for a break to enhance cognitive function and financial planning abilities. Ultimately, the perfect vacation is not about the number of days off but how well you can disconnect, rejuvenate, and return to your life with renewed energy and a fresh perspective. Whether that takes four days, eight days, or two weeks is entirely up to you. So, go ahead and plan your vacation. Your financial plan will thank you for it. For show notes and resources discussed in this episode, visit tammacapital.com/podcast. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

How many life transitions have you been through? What did you learn about yourself going through them? Bruce Fieler is the author of seven New York Times bestsellers and an avid collector and analyzer of life stories. Years ago, Bruce began a journey when he embarked on a project to document the experiences of Americans from all walks of life. Little did he know that this venture would lead him to delve into the realm of transitions, a concept that seemed foreign to him initially. Bruce introduces the term "lifequakes" from his countless conversations to describe massive disruptions lasting up to five years. It's astounding to learn that the average person goes through three to five lifequakes, spending nearly half of their life in transition. Bruce and I discover how these "lifequakes" intertwine and impact our financial lives throughout the three stages of transitions: the long goodbye, the messy middle, and the new beginning. From my discussion with Bruce, I hope it helps you find a better way to understand how life transitions can help us grow and uniquely shape our lives by identifying our purpose and aligning our actions with our values. Please enjoy my conversation with Bruce Feiler. For show notes and resources discussed in this episode, visit tammacapital.com/123. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Strategically using a bonus can boost your financial health, increase your peace of mind, and even enjoy the fruits of your labor with limited regret. Instead of spending a bonus all at once, consider intentionally distributing it to different areas of your financial plan. This includes paying down debt, funding an emergency account, investing in retirement plans, investing in children's future (like a 529 college savings plan), and even some self-celebration. A balanced wealth management plan, considering lifestyle and financial objectives, allows for better decision-making, stress reduction, and faster progress toward financial goals. It's crucial to ensure that the allocation of resources aligns with your purpose both personally and financially. For show notes and resources discussed in this episode, visit tammacapital.com/122. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

How would your life change emotionally, physically, and mentally after the loss of a child? Debbie Gail is a strong, resilient woman who has transformed her pain into her purpose. Her journey began when she faced the challenges of her son's mental illness and addiction, eventually leading to his tragic loss. Throughout our conversation, Debbie takes us on her journey of finding peace and purpose amidst the challenges of her loved one's mental illness and addiction struggles. Debbie realized early on that her need for certainty fueled her fear and prevented her from finding inner peace. Replacing the need for certainty with a desire to contribute and help others was a powerful way for Debbie to choose peace over fear. Debbie discovered her true calling - to support and guide other parents and family members who were going through similar struggles. Waiting for circumstances to be perfect is unnecessary, and Debbie encourages parents to embrace their children as they are, starting from now. Debbie's passion for helping other parents contributed to her writing a book, Finding Peace and Purpose amidst the Tears, so no parent feels alone. The most important point in our conversation is this; living in peace and not fear is a choice. Please enjoy my conversation with Debbie Gail. For show notes and resources discussed in this episode, visit tammacapital.com. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

One aspect or secret to happiness can be found through strategic spending— not just spending on possessions or experiences but on what truly holds purpose in your life. It's not about how much money you have, but how you spend it significantly affects your happiness. Research supports the idea that spending money on experiences rather than things leads to greater happiness, as the novelty of new possessions tends to fade quickly. Additionally, trying to keep up with wealthier peers, even if you're relatively well-off, can lead to dissatisfaction and unhealthy spending habits. To enhance your happiness and financial stability, align your spending with your purpose and long-term life objectives. This might involve investing in people, causes, or long-term projects you care about. When we mismanage our money or our spending patterns go awry, we can feel sick and broke. How you spend your money and your physical health can have a strong correlation. When you spend money in a way that serves the purposes you intend it for, you can create happiness as well as financial stability. For show notes and resources discussed in this episode, visit tammacapital.com/102. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Have you ever thought about a mid-career pivot? Staring down the uncertainty of making a bold decision when a new opportunity arises? Toby Brooks, a professor at Texas Tech University, has made his fair share of career pivots. With a background in athletic training, Toby and his wife crisscrossed the country trying to secure a position with a professional sports team. A pivotal life transition came to Toby when he realized he was missing out on precious time with his family. Upon seeing his nine-month-old daughter walk for the first time after returning from a work trip, Toby shifted his focus and prioritized his role as a husband and father. That transition led Toby to pursue a full-time position in academia, where he could still significantly impact students pursuing their dreams. Toby uses his personal experience to motivate and guide students, reminding them to find harmony between ambition and family. A theme of our conversation that represents itself repeatedly, especially as parents, is to savor the moments. As our relationships evolve with our children, the importance of staying connected with their interests and savoring the precious "lasts" each year as they grow older are priceless. Please enjoy my conversation with Toby Brooks. For show notes and resources discussed in this episode, visit tammacapital.com. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Imagine waking up one day, taking a moment to reflect on everything you've done, only to realize that everything should have been… well, more. Not in the materialistic sense, but more in-depth, more in enthusiasm, more in meaning. This isn't about being greedy or trying to avoid regrets. If you've read Dan Pink's book "The Power of Regrets," you'll understand it's not about regret avoidance. It's more about truly understanding and defining what 'enough' feels like for you. Discover the three key steps to redefine your life and unlock your full potential in wealth management. Expect more of yourself. Redefine what you think is possible for yourself. Re-evaluate your strategy, and when necessary, change it. The challenge to ask yourself today is, are you living a life less ordinary? Take time to reflect on what 'more' looks like for you and whether you're on that path. For show notes and resources discussed in this episode, visit tammacapital.com/podcast. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

What would you do as a parent to save your struggling relationship with your kid? Ann Coleman is a former attorney who specialized in divorce, child custody, and adoption cases. Through raising her adopted son, Ann found herself deep in research, becoming a parenting expert on how to talk with teenagers struggling with anxiety, substance abuse, and mental health challenges. Sharing the details of her experiences as a parent, Ann walks us through her extensive research on the teenage brain and how it shaped her approach to parenting and led her to create resources for parents to use. Throughout our conversation, Ann provides practical advice and highlights the need for self-awareness and intentional reactions in dealing with children's emotions. Remember, reasoning with a child during emotional meltdowns often proves ineffective. Wait for a calm moment to have a thoughtful conversation. Please enjoy my conversation with Ann Coleman. For show notes and resources discussed in this episode, visit https://tammacapital.com/ann-coleman-parenting-emotional-wellness/. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Understand how financial decisions, big or small, can impact your family's happiness and well-being while equipping your children with an understanding of financial responsibility that ensures they make informed, conscious decisions aligned with their values and life purpose. Conscious financial decision-making contributes to happiness: Every expenditure, big or small, reflects our priorities and affects our overall happiness and well-being. Teaching financial responsibility is essential for kids: Instilling an entrepreneurial mindset and an understanding of financial responsibility from an early age is crucial. A valuable parenting lesson is to teach our kids early that every dollar represents a choice, a step towards a future they have the power to shape. For show notes and resources discussed in this episode, visit tammacapital.com/102. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

What would frequent relocations mean to your career? How would you be able to handle the constant transitions? Michelle Zak has seen her share of transitions as a former Army officer. But as Michelle moved from military to civilian life, her husband remained in the military, requiring constant relocation. Finding a career that could move with her was a daunting task. Ultimately deciding to control her own destiny, Michelle was able to carve out opportunities on her own, leading to her launching Four Tabs Design. Michelle shared her process of identifying her passions and strengths, creating opportunities for herself, and acknowledging the element of luck involved in finding the right clients and platforms for her work. As someone with a military background, Michelle discussed the importance of autonomy and flexibility in leadership while recognizing the military's emphasis on following a formula. She sees her current situation as an opportunity to exercise autonomy and achieve her goals on her own terms. Please enjoy my conversation with Michelle Zak. For show notes and resources discussed in this episode, visit tammacapital.com/115. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Have you ever wondered what Instagram would look like if it showed the real financial stories behind those perfect snapshots — the bills, budgets, and sacrifices — and how it could transform our understanding of wealth and financial planning? An honest reflection of our lives on platforms like Instagram, including the financial challenges and sacrifices behind the scenes, would provide a more realistic understanding of wealth and lifestyle. While it's easy to be enticed by the glamorous life that Instagram often portrays, it's crucial to understand the realities behind those snapshots. An honest Instagram, one that includes not only the highlights but also the challenges and sacrifices, would give a more accurate portrayal of what everyday life truly is. For show notes and resources discussed in this episode, visit tammacapital.com/114. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

The Covid pandemic impacted all of us in some way, but for some, it changed their lives for better and worse. As a mental health counselor at an academic institution, Dr. Erin Halligan-Avery needed a creative and effective way to connect students with the help they needed without meeting 1:1 with every student. This difficult situation ultimately set the foundation for Erin to become an entrepreneur. There are often negative connotations associated with reaching out for mental health support. However, Erin discusses how reporting someone in need and reframing it as an act of care and support from the community highlighted the intention behind helping individuals become their best selves and improving together. As a highly sensitive person, Erin shared her personal struggle with the decision to stay in her current job or take a leap of faith and start her own business running the Concern Center full-time. It took her a few months to accept this decision and embrace the role of a risk-taker. Erin stressed the importance of finding trusted advisors and meaningful connections. She shared how relying on a community-based approach, asking for help, and embracing support can lead to success. Please enjoy my conversation with Dr. Erin Halligan-Avery. For show notes and resources discussed in this episode, visit tammacapital.com/113. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

What do we do when we reach a crossroads in life? How can we transform a tragedy into something meaningful that helps others? Damon Parker comes from a family of educators, with his parents and grandparents all having careers in teaching. But after reaching a crossroads in his teaching career, Damon found an opportunity in coaching wrestling and public speaking. After successfully building a championship wrestling team, Damon's perspective shifted, which led him to help co-found the Jones Project in memory of Josh Jones, the nonprofit's namesake who died of suicide in March 2021. The Jones Project's mission is to bring a message of hope and healing to secondary students through the power of storytelling. Damon's gripping 60-minute presentations are not solely directed at students who are in crisis; they also are for those in the audience who don't have firsthand experience with mental health illnesses. Mental health matters, and it begins with all of us being aware of each other as parents, kids, and friends. Please enjoy my conversation with Damon Parker. For show notes and resources discussed in this episode, visit tammacapital.com/112. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Do you feel unsupported in your current career position? Is the grind of your current corporate role more than you can bear? After being laid off multiple times, including once during her maternity leave, Sarah Khan felt unsupported by her employers multiple times, including during the pandemic lockdown. Sarah decided to detox herself from the corporate programming that had run her life and begin a new journey as an entrepreneur, specifically working with women. Sarah's rehab transition made her realize that the corporate mindset of equating time spent with money earned needs to be re-examined. Sarah points out the importance of cultivating the ability to trust oneself in entrepreneurship and focusing on the foundational aspects of starting a business, such as identifying the ideal client and engaging in revenue-generating activities. For any parent out there deliberating a career change, Sarah's story points out; you can be a parent and an entrepreneur; the two are not mutually exclusive. Please enjoy my conversation with Sarah Khan. For show notes and resources discussed in this episode, visit tammacapital.com/110. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

As parents, what does it mean to have harmony between your personal and financial life? A demanding career, demanding kids, demanding spouse? As a mom of four, including a set of twins, Marisa Lonic checked all those boxes (except for maybe the demanding husband) but was also asking, "What about me?" Marisa, like most parents, was not in a position to just quit her job and start something new, especially considering that her career was part of her ambitious self. However, eventually, she transitioned from her full-time corporate career into her own business. Throughout our conversation, Marisa shares great advice on developing reasonable objectives that work with your lifestyle, finding an accountability partner, and recognizing and managing your inner work to achieve long-term success. Please enjoy my conversation with Marisa Lonic. For show notes and resources discussed in this episode, visit tammacapital.com/109. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Have you reached a point where you want to sleep in a different room because you can no longer physically sleep in the same bed as your spouse or partner? Full disclosure, my wife and I had reached this point where sleep loss was negatively impacting both of us. This is where internationally recognized sleep expert Dr. Wendy Troxel comes into play. Wendy is a Senior Behavioral and Social Scientist at the RAND Corporation and holds adjunct faculty positions at the University of Pittsburgh and the University of Utah. A licensed clinical psychologist and certified behavioral sleep medicine specialist, she is passionate about helping people get the sleep they need to perform at their best and live life to its fullest. Sleep, or lack thereof, has ramifications throughout our lives with our personal relationships and financial decisions. "When people are not rested, or at their best, they don't make sound personal or financial decisions." Sleep is this critically important health behavior, and it happens to be the one health behavior that couples regularly engage in together. Please enjoy my conversation with Dr. Wendy Troxel. For show notes and resources discussed in this episode, visit tammacapital.com/108. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Parents, can we really have it all? A thriving career, time with our significant other, and relationships with our kids? Lori Oberbroeckling is a wife, mom of four, author, photographer, and corporate leader. Lori helps parents, especially moms who want to be extraordinary, present, and have an amazing career. So how can you find harmony amid the daily grind? Lori shares insights from her book Secrets of Supermom (dads, this book also applies to us, so don't let the title fool you) on real-life strategies parents can begin implementing today. A key takeaway is how we explore setting routines for homework, and household tasks can make life easier and eliminate power struggles and conflicts. We also address the guilt we can feel as parents and the stress it places on the entire family. Please enjoy my conversation with Lori Oberbroeckling For show notes and resources discussed in this episode, visit tammacapital.com/107. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Are you struggling to make decisions that will benefit your future self? Are you constantly prioritizing short-term gains over long-term success? Anne Wilson is a professor at Wilfrid Laurier University and part of Laurier's Social Psychology program. Anne is fascinated by how people behave, think, and understand themselves and their social worlds, especially regarding how people make decisions. During our conversation, we explore the science behind motivation and decision-making for our long-term selves. We examine the concept of temporal discounting and how to combat it by making our future selves feel closer to our present selves. Anne also points out how to balance the need for distance and reflection to cope with trauma and negative experiences. Our memories and perception of time are malleable, and we discuss how to use this to our advantage to shift our mindset and accomplish our goals. We also discuss strategies for parents to support their children's growth mindset and handling failures. Please enjoy my conversation with Anne Wilson. For show notes and resources discussed in this episode, visit tammacapital.com/106. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Have you ever looked into the mirror to give your future self the time it deserves? Hal Hershfield is a social psychologist whose research focuses on decision making. As a professor of marketing and behavioral decision making at UCLA's Anderson School of Management, he has an interdisciplinary approach to understanding how people make their decisions. In his new book, Your Future Self, Hal delves into the philosophy and psychology of how we perceive ourselves over time, identifying three common time travel mistakes and offering practical techniques to bring the future closer. We discuss the importance of considering our present and future decisions, taking small steps towards future goals, and avoiding overloading ourselves in the present. Three takeaways Research shows that people who feel a sense of similarity with their future selves tend to be more satisfied with their lives 10 years later. Decisions regarding trade-offs such as buying an expensive car or taking out a bigger mortgage impact us through time, and the more connected we feel towards our future selves, the more likely we are to make decisions that will benefit us in the future. Our future self becomes more vivid as we get older, especially as we approach mid-life. For parents, every year is a transition, and every stage of parenting is tied to them, causing you to think more about your future self in relation to your children's future. This episode provides practical techniques for bringing the future closer and making present sacrifices feel easier "If we start thinking about investments of time, rather than expenditures, maybe we'll start focusing on allocating time toward the things that are more closely linked to our longer-term well-being," Please enjoy my conversation with Hal Hershfield. For show notes and resources discussed in this episode, visit tammacapital.com/105. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

How many life transitions have you been through? Big or small? How often? Corrie LoGiudice has transitioned through abuse, homelessness, and divorce, to name a few life-changing events. But as a successful career and business coach, Corrie has turned her life-changing transitions into a unique ability to help others through their own life transitions. As a mother of two, Corrie understands the pressures working parents face, so she developed a concept called the "five Cs" to help parents address overwhelming situations. "I stepped down from the family business, decided to bank in on my emergency savings. I had six months of emergency savings that I was like, you know what? It's an emergency on my soul. I'm going to build my business." Three takeaways There are "five overwhelming culprits" stealing working parents' time and sanity: clarity, confidence, community, conditioning, and consistency. Personal mission and fulfilling impact are crucial for parents in their business or career. Finding the right fit for coaching is important and can be compared to finding the right fit for therapy. For example, one-on-one coaching is more focused on self-awareness, group coaching is more maintenance and accountability, and Masterminds are better for people who are further along and have done some coaching. The big thing that stops people from moving forward is fear, and it's ultimately fear of failure, so if you can consciously make the change, it's much easier than dealing with change during a pivotal life moment. Please enjoy my conversation with Corrie LoGiudice. For show notes and resources discussed in this episode, visit tammacapital.com/104. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Subscribe to the show on Apple Podcast |Google Podcast | Amazon Music | Spotify What if you had a child on the autism spectrum who couldn't find a job? Not because they couldn't work but because of a lack of opportunities. This was the challenge that Steve Bier was facing with his autistic son Sam who was highly functional. After being challenged by his wife, Barb, Steve invested $30,000 and bought a popcorn company in 2014. Today, Popcorn For The People employs between 70 and 80 men and women with some form of disability who might not have had the chance to find meaningful work. As Steve pointed out during our conversation, a job is worth way more than the money for someone with special needs. A job could be a lifeline to being and feeling independent. To build social skills that are challenging under "normal" circumstances. And for parents, a job can be an opportunity to see their children develop in ways that they likely thought were unimaginable. Doing good that tastes good is probably the best way I would describe Steve and the organization he has helped build. Please enjoy my conversation with Steven Bier. For show notes and resources discussed in this episode, visit tammacapital.com/103. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Have you ever come to a fork in the road where the home you have today is not the home you need now or in the future? How do you answer the question, do we stay and remodel our existing home, or do we look to relocate? Steph Morris is an experienced expert in design who helps families make emotional and financial decisions regarding home living. Similar to what I do as a financial advisor and a quarterback in football, Steph and her team at North + Birth get people into the right places, communicate what needs to be done, and execute a game plan throughout life's many transitions. As a degreed designer and parent, Steph points out what every family needs to know when considering remodeling or relocating to a new home. Critical takeaways from our conversation include factors such as function, costs, and aesthetics of what your family needs today and how those needs will change in the future. Steph explains how she manages the many relationships that go into a home project, her custom design process, and keeping up with trends. In addition to the multi-facet support she brings to a family, being an emotional sounding board for her clients living in the trenches of life is probably her most important role. Please enjoy my conversation with Steph Morris. For show notes and resources discussed in this episode, visit tammacapital.com/102. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Have you ever wanted to own an investment or vacation rental property? A place that could become a long-term retirement haven for you and your family? Katy Bertodatto and Mark Keely are co-founders of Golden Swan Management, a property management and real estate development company located in Traverse City, Michigan. Golden Swan properties extend throughout the northwest Michigan region, with a variety of rentals—intown condos, waterfront, rural escapes—available in every season. Probably the most critical aspect of considering an investment or vacation property is asking, "does it align with my family's purpose?" If this consideration is because you think it may be cool or have seen one too many HGTV shows that make it look easy, then you need to readdress your WHY! Most people interested in owning a second home often do not know where to begin. Katy and Mark guide us through the critical factors you must consider and some critically overlooked considerations that people can miss when investigating an investment or vacation property. Please enjoy my conversation with Katy Bertodatto and Mark Keely. For show notes and resources discussed in this episode, visit tammacapital.com/101. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Are you tired of constant fighting in your relationship? Can you imagine a life where conflicts are resolved with understanding and connection instead of anger and disconnection? Railey Molinario, a renowned Love Educator & Relationship Coach, empowers individuals to live fulfilling lives through her teachings on relationship intelligence. With a remarkable journey from abandonment at birth, Railey has become a respected leader in the industry, providing couples with the skills and knowledge needed to cultivate thriving relationships and lives. Limited beliefs and misinformation, according to Railey, sit at the heart of how our relationships can go wrong. To overcome these challenges, education, awareness, and understanding are tools within our vast arsenal that Railey believes we should be focused on. Throughout our conversation, Railey explains what relationship intelligence is and provides tools and actionable items on how we can build healthy relationships. From creating a common vision, which is anything from normal, to having a weekly relationship review that helps to maintain and invest in our relationship with our significant other. Please enjoy my conversation with Railey Molinario. For show notes and resources discussed in this episode, visit tammacapital.com/100. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

As a parent, how often do you let the stress and pressure of life bury the vision you once had inside of you? How can you pull the purpose back up to the forefront of your life? Kassy Scarcia is a certified life coach who is on a mission to help women reclaim their confidence, take charge of their personal and professional success, and move forward without holding themselves back! As Kassy put it, she helps women learn how to listen to their internal GPS again. Kassy has built a Sustainable Success System focused on the following three components: Vision Blueprint Confident Mindset Compounding Action According to Kassy, your vision should be in front of you in some capacity every day; be it visual, written, or auditory. You should see your current reality becoming your vision. Similar to how your financial plan will change as your life changes, your vision can and should evolve as well. But, Kassy points out, "do not fear the fear of forever." Please enjoy my conversation with Kassy Scarcia. For show notes and resources discussed in this episode, visit tammacapital.com/99. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Parents, do you ever feel like passing ships in the night while trying to raise active kids with your spouse/partner? How can we stay better connected during this stage of life, so we don't lose each other once our kids are grown? Dr. Jennifer Dragonette is a licensed psychologist with expertise in relationship dynamics and trauma and is trained in Gottman Method Couples Therapy, specializing in working with families. According to Jennifer's work, awareness sits at the forefront of change, especially regarding listening. The key to being an active listener is being aware of the thoughts going on within your mind but having the ability to hear and, more importantly, validate what your significant other is telling you. Jennifer talks in depth about family systems, what they are, tips for building them, and how they can help us to avoid avoidable suffering. However, similar to how we change and our kids grow, family systems need to be adaptable and change with the shifting stages of life. Please enjoy my conversation with Jennifer Dragonette. For show notes and resources discussed in this episode, visit tammacapital.com/98. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Did you know that research shows that 92% of people do not keep their new year's resolutions or goals? What if you could find a way to be part of the 8% who see success pursuing their lifestyle and financial goals? With this data in mind, Jackie Ghedine and Mimi Bishop launched their firm, The Resting Mind, to help gen X women who are struggling to define themselves personally and professionally. They developed the 8% rule of taking small steps to help women determine who they want to be, where they want to go, and how to get there. Both Jackie and Mimi left behind high-profile corporate roles to launch their firm. A life transition that started with reflecting on an Oprah Winfrey article that helped them discover that they wanted to help bridge the worth deficit gap that women are facing. Jackie and Mimi have developed a unique approach to utilizing energy leadership and positive psychology to help propel gen X women. They take an investigated approach that empowers women to ask for help, to help them realize they are not alone and do so with confidence and conviction. Please enjoy my conversation with Jackie Ghedine and Mimi Bishop. For show notes and resources discussed in this episode, visit https://tammacapital.com/42-gen-x-women/. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

How do you raise financially fit kids? Joline Godfrey has spent a lifetime helping families to do just this. Trained as a social worker, Joline has spent most of her career being involved with kids; much of it focused on resilience. Joline has focused on this issue in a way that few people have been able. Joline believes that financial fluency is a family activity, not just something to help kids with. When the values, practices, and conversations are woven into the family culture, this work can be easy and fun, preparing our kids for the future. To build and understand financial fluency, you should think about it in terms of it being developmental. Building blocks that include financial, intellectual, social, and human capital (FISH). Even for kids growing up with significant abundance, there is all too little awareness of 'what things cost' and their obligations when it comes to spending, saving, borrowing, and investing. Joline points out that we should expand the notion of what it means to be wealthy. With raising financially fit kids, we as parents have the capacity to build strength in our kids into adulthood. Please enjoy my conversation with Joline Godfrey. For show notes and resources discussed in this episode, visit https://tammacapital.com/ep-59-joline-godfrey-raising-financially-fit-kids/. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Are you trying to find time to do more things that matter to you? Are you trying to squeeze more enjoyment out of your life? Laura Vanderkam, a time management expert, walks us through her latest book, Tranquility by Tuesday, in which she identifies 9 ways to calm the chaos and make time for what matters. A topic that we address by asking, how can you ensure you have time to work on your long-term goals? A returning guest to our podcast, Laura previously did extensive research on the transition from working in an office environment to working from home. A focal point of this transition involved setting boundaries, a foundational element in her new research in making time to do what matters most to you. Don't set yourself up for failure was a critical point that Laura emphasized. By ensuring objectives/goals are reasonable, we can limit the amount of resistance that could be waiting to deter us from success. Laura helps people determine if something is important by identifying if an event occurs three or more times in one week. She also asks, if you were on vacation, would you still want to ensure this habit endures? One of my favorite rules Laura lays out is one big adventure, one little adventure. It is a reminder that even little things in life, such as a date with your significant other or playing catch with your kids, can be an adventure that makes life more memorable. Please enjoy my conversation with Laura Vanderkam. For show notes and resources discussed in this episode, visit tammacapital.com/90. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Have you ever wondered how to make realistic goals that you could achieve? Maybe a goal guru could help? After making her own career pivot which turned into a career identity crisis, Meg Wagner launched her coaching and consulting practice, The Goal Guru. A firm that helps you define your work, align your life, and design your future. While there is a strong emphasis on outcomes in setting goals, Meg stresses the essential element of paying attention to your feelings about what you want to achieve. You should gain clarity around your goals and the process of how to achieve vs. solely the outcome. Specifically, in working with Parents, Meg emphasizes that parents need first to be kinder to ourselves. We should start with even smaller goals and ensure that we give ourselves time to make time for ourselves. And depending upon what stage of life we may be in, we develop and categorize goals by the roles we live in, such as career, parent, and personal to us. For show notes and resources discussed in this episode, visit https://tammacapital.com/43-the-goal-guru-meg-wagner/. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Subscribe to the show on Apple Podcast |Google Podcast | Amazon Music | Spotify What can an entrepreneur teach a non-entrepreneur? What value could a relationship like that even bring? With an open mind, it may help you build for tomorrow. Jason Feifer is the editor-in-chief of Entrepreneur Magazine. But that is not who he is or what defines what he does. Instead, Jason Feifer is a person who tells stories in his own voice. As a successful editor, author, speaker, and podcast host (there isn't much he doesn't do), Jason doesn't work simply with entrepreneurs; he works with all of us through his valuable skill of telling stories that help us build for tomorrow. But what exactly does that mean? It centers around not panicking when you see change coming or when it has already arrived. The ability to learn to apply filters reduces the constant and consistent noise that surrounds us. And the capability to help liberate ourselves from nostalgia and build a new narrative for our lives. Jason lays out three important questions we should ask ourselves if we are to liberate ourselves from nostalgia and build a new narrative of our lives. Additionally, he provides great frameworks for utilizing Richard Ryan's self-determination theory and Bethenny Frankel's theory of buckets. But one of my favorite topics we covered was at the end when we talked about how LeBron James has an intense focus on "making the main thing, the main thing." Please enjoy my conversation with Jason Feifer. For show notes and resources discussed in this episode, visit tammacapital.com/97. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

Subscribe to the show on Apple Podcast |Google Podcast | Amazon Music | Spotify Are we in a recession, headed for a recession, and does it really matter given that in 2022 we experience one of the worst-performing stock and bond markets ever? How will a continued robust job market, slowing inflation, and higher interest rates impact corporate earnings this year? These are all topics that will have some impact on your portfolio performance this year and potentially into 2024. Jordan Jackson is a global market strategist at JP Morgan. Jordan has authored several papers on the economy and markets and is responsible for conducting research for JP Morgan's Guide to the Markets, which I utilize in managing investment portfolios. Although the US as a whole may not be in a technical recession, if you look at industry by industry, there are certainly specific sectors that are in a downturn, such as technology, residential and commercial real estate, to name two. Jordan and I dive headfirst into what the economic and corporate earnings data may mean to investor portfolios. We also go deep into how much sleep Jordan is getting as a new father, and he shares the best thing about being a new dad. Please enjoy my conversation with Jordan Jackson. For show notes and resources discussed in this episode, visit tammacapital.com/96. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

What happens when the person you most want to influence is you? Setting and achieving goals for yourself at work, home, and in relationships—is harder than it seems. So how do you know where to start? Ayelet Fishbach, professor of behavioral science at the University of Chicago Booth School of Business, has focused much of her career on determining what motivates people. From, how do you carry on in the face of roadblocks and distractions to how do you decide which tasks and ambitions to prioritize when facing multiple responsibilities. Through her research, Ayelet discovered that there is a certain structure for getting things done. Understanding why your goals are important is a critical first step. However, there is a balancing point where your goal must be fun or intrinsically motivating. Ayelet uses an example of putting together a financial plan. Unfortunately, most people do not believe this to be a fun exercise, which is likely why families put off dealing with their financial situations until they are forced to. Motivation is likely high when you set a goal and high when you can see the finish line. Ayelet points out that goals often die in the "middle problem," especially long-term goals. For example, take retirement planning. A goal of this type needs to be broken into sub-goals and into the smallest unit that makes sense. Rather than measuring retirement progress in days or weeks, think of it in terms of years or even decades. An often-overlooked aspect of achieving your goals is ensuring you have the right support people around you to help. Of course, letting people know what your goals are is a great first step. However, as Ayelet discusses, people who understand your goals can encourage you to keep going when you are down, which can be a highly motivating factor in achieving success. Please enjoy my conversation with Ayelet Fishbach. For show notes and resources discussed in this episode, visit tammacapital.com/95. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.

How does knowing your ideals and purpose how help you to figure out what you want out of life? How does someone begin to identify what their ideals and purpose are? Mercedes Coffman is a licensed marriage and family therapist. Born in Suriname, South America, Mercedes has experienced a wide range of different cultures and dynamics, which have led to a better understanding of sensitive issues among culturally diverse groups. Having a background in working with people challenged by addictions, Mercedes has learned first-hand that when people do not have a solid understanding of their purpose, they can often turn to addictions to fill the gap. Addictions do not necessarily have to be drugs and alcohol, but instead can be behaviors that become compulsive and often continue despite harmful consequences. When it comes to our most important relationship with our spouse or partner, Mercedes doesn't see money as the biggest relationship issue but a lack of communication and connectedness that often drives people apart. You can have a spender and saver in the same relationship, and the couple manages money perfectly fine because they don't stop communicating with each other. Please enjoy my conversation with Mercedes Coffman. For show notes and resources discussed in this episode, visit tammacapital.com/94. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at [email protected] with any feedback, questions, or ideas for future guests and topics.