TMIT 08: Family Money (+ Experiment Update)

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Hey guys, it's Greg.
Real quick before we jump in, we

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know we're throwing a lot at you
in these first eight episodes,

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so we made a little CHEAT SHEET
with the most important

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takeaways.
Let's be honest, Danielle made

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it.
If you want it, sign up for our

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newsletter at tmitpod.com.
That's TMIT, the most important

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thing, pod.com or e-mail us at
high at tmitpod.com and we'll

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send it your way.
Hope you're loving the show.

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Welcome to The Most Important
Thing.

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I'm Danielle DeMarco Neufeld.
And I'm Greg Neufeld, and

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together we're exploring how
ambitious busy families can

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build culture at home.
Because after all, family is the

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most important thing.
Indeed it is.

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Indeed.
Hi, Greg.

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Hi, Danielle.
So today we are.

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That is what you call me.
So today we are talking about

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family money.
So why did we want to have an

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episode on family money?
My answer is because it feels

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like something that we ought to
be talking about that we haven't

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really.
I mean, you and I are pretty

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intentional and we haven't
necessarily discussed what we

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will talk about with the kids
about money.

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We've said we don't like buying
lots of plastic and we don't

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like many things.
Yeah, but more than that, it

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seems like it's been pretty
illusory.

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Yep.
So unlike some of the previous

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episodes where we had done some
of the work, I don't think that

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we've done very much of the work
at all.

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And part of the interest in
creating this episode is to

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learn what work there is to do
for now and for later and for

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Sunday.
Yeah, and I would say we had a

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conversation with a friend the
other day that works a lot with

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multi generational wealthy
families.

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And we were talking about how
family culture comes up in the

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context of her job.
And one of the things that she

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said to me at the end of the
conversation was, you know,

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Danielle, I know you don't
really feel like talking about

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money with your kids, but you
probably should.

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And she said it in a very nice
way, But that was my take away.

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And I was like, you know what?
She's right.

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Yeah.
It's something that you and I

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are so close to in the sense
that we've both spent more than

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a decade in the investment
world.

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And talking about money as far
as a deal that gets done or

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investment performance is
something that we do day in and

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day out.
But it hasn't been something

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that we've navigated
intentionally with our family.

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Yep.
Also, it's close to two decades.

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Yep, that's true.
OK.

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Yeah.
So as far as setting the context

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window is concerned, then we
have tried allowance,

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particularly with Hunter, and
that ended up just being a

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situation where every couple of
weeks when she got enough

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allowance, she would beg us to
go to Target and buy junk.

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And that didn't really feel like
it was driven by our values.

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Yep.
And you know, a lot of questions

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about money in the house from
the kids.

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Like what?
They're just curious, like, how

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much does the house cost?
How much money do you have?

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How?
Much money do you have?

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Yeah, those are common
questions.

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Those are common questions.
Yeah.

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And so I think ultimately I'm
looking for a way to talk about

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and socialize the idea of money
as a tool to live within our

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values.
Let's talk about what this

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episode is not about because
that was actually my biggest

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sticking point when we started
talking about having this

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episode.
This episode is not called How

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to Teach Your Kids about Money.
This is not an episode where we

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are going to get into the debate
about whether you should give

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allowance for chores or just
give allowance.

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And we are certainly not going
to suggest that you give your

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kid 3 jars and write on them.
Spend, share and save.

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We have those in a closet.
I just gave them away.

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Oh nice.
Well, so then everything was in

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the give there.
You go.

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Not that those things don't
work, maybe they do.

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They haven't worked for us.
But really I think that there

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needs to be a foundation prior
to that.

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Maybe we'll get there, maybe we
won't.

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I think you and I are pretty
caught up in this idea of like,

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why am I going to go to the ATM
and get my children paper money

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when that is not anything that
we use in real life?

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So that's number one.
And #2 is our kids just buy junk

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so far.
So I have no interest in giving

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them money.
And I'm sure there are a couple

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of other things.
But so this is really for us,

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maybe y'all are ahead of us, but
for us it really has to be a

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foundational episode of what do
we even want to talk about when

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it comes to money and how do we
make those decisions.

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Yeah, money represents values
and actions, and the actions

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that we take with our money
really do reflect our values.

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And I think that just finding a
way to communicate those back to

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our children about why we spend
money the way that we do and why

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we don't spend money on certain
things is a really good

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foundation for us to then build
on.

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Yeah, OK.
I feel like we probably have

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enough of a context window.
Definitely.

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OK, great.
So what is the most important

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thing about family money?
It is accepting the fact that

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money is influencing our family
culture already, whether we

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realize it or not.
Yes.

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And therefore I suggest a la
Claire Hughes Johnson, one of my

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personal role models in the
former COO of Stripe.

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We make the implicit explicit.
And so I have a plan as usual.

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Yeah, they think it's a
three-step process.

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Step one, reflect on our own
money stories.

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Get clear on our personal
beliefs and values around money

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ourselves, both individually and
other couple.

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Step 2, Normalize money talk and
everyday life.

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I would like us to start weaving
in mini, honest, low stakes

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conversations about money with
the kids and then step three,

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once they've had a foundation of
those types of conversations, to

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invite them into the decision
making process around money.

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How does that sound to you?
It sounds great.

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OK, so step one, reflect on our
own money stories.

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So I asked you to take a quiz
from the folks at Money Scripts.

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And so Money scripts are
unconscious beliefs we hold

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about money, often shaped by our
upbringing and life experience.

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The term was coined by Doctor
Brad Clontz and Dr. Ted Clontz,

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2 financial psychologists and
researchers.

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Their work includes studies in
peer reviewed journals like the

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Journal of Financial Planning.
They identified 4 core money

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scripts.
The first one's money avoidance,

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believing that money is bad or
undeserved.

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The second is money focus,
thinking that more money will

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solve all of life's problems.
The third is money status,

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linking self worth to net worth.
And the 4th is money vigilance,

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being cautious and secretive
about money.

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So the idea is that
understanding your money script,

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presumably by taking this quiz,
can help you see how past

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messages about money may be
influencing your present day

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decisions, often times without
you realizing it.

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So did you take the quiz?
I sure did.

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OK, what did you think, What did
you find and what did you think?

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So according to this quiz, I'm
hot most highly correlated with

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money focus.
Which makes sense.

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I work in venture capital.
I focus on finding companies

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that can grow very quickly, very
rapidly, to generate large

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outlier outcomes.
And I live in South Florida, so

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the fact that I'm a 3.5 out of 6
feels about right.

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OK.
Sounds good.

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Yeah, I can see that in you.
OK, Money focus, that is the

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script that you most dominantly
hold.

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But even that it's relatively
loose according to their scale.

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Interesting.
OK.

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So for me, the money script that
I held most strongly was money

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vigilance, and that's the one
that says you must be careful

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and responsible with money.
I don't think that's surprising

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to either of us.
I mean, when you met me, I had

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all of my savings in one bank
account as opposed to any type

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of risky investments, right?
So I think that I hold that less

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strongly than I did 10 years
ago.

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But it is definitely the one
that stands out for me the most.

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And I can say for certain that
comes from my parents.

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Yeah, it's definitely the way
that I was raised is to not take

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financial risks and to save
everything possible.

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And so I looked at the tips they
said for the people who are

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money vigilant, and they had a
couple of good ones, but the one

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I like the most is to budget for
joy.

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So they suggested creating a fun
money budget and using that to

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design some kind of like weekend
getaway or use it for a new

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gadget or a hobby that I've been
putting off.

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So I thought that was good.
And it's something that you and

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I have discussed over time.
I think we're taking a lot more.

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We're taking more vacations and
adventures this year and

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budgeting for that, which feels
nice.

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It does.
So I feel like I'm working on my

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money vigilance in that way.
I have a couple other notices

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around the money that I wanted
to mention that didn't

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necessarily show up on the money
scripts Quiz 1 is that we value

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our time greatly in our home.
So that often means that we use

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money to pay people to do things
that we don't think it's worth

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our time.
This is something I have

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definitely learned from you.
Yeah, I don't know where I got

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it.
Greg thinks his time is worth oh

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man, like an infinite amount
because he rarely does something

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if he can have someone else do
it.

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That's true, so I wanted to
mention it.

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So examples would be we always
get our groceries delivered.

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We have a handyman that comes
over often to do everything from

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hanging pictures to building
bunk beds.

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We think a lot about commuting
times from anything from doctors

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to extracurriculars or even the
schools that our children go to.

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It is definitely a strong
element in the way that we use

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money and I wanted to mention it
because it is something that I

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did not learn growing up.
I came from a family where we

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spent almost every weekend
fixing up the house or doing

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some type of project that would
never even occur to my family to

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outsource.
I mean, my dad still washes his

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own windows and he really
doesn't need to.

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And so I wonder if there is
something worth exploring here

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because I do think our kids do
not know anything about what it

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means to not hire out and to
consider doing things ourselves.

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I will never forget when we
lived in New York in our New

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York City apartment and Hunter
was two years old and a light

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bulb went out and she said call
Hom D, which is was the name of

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our handyman in our New York
apartment building.

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So it's definitely something the
kids have learned.

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I mean, Carlos is like
Maverick's favorite person

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because he's always doing
handiwork around our house.

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Greg's looking at me and kind of
shaking his head.

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So historically you have not
been open to the idea of using

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your free time to do things
around the house.

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Yeah.
Which you know, you are handy

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actually when you.
White handy unless it has.

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To do with technology or
electronics, that is the only

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thing that you will not let
anyone else touch.

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But you would never ask Carlos
to help you set up a computer or

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something like that.
So I developed this framework by

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myself, but it's been reinforced
by some pretty smart people that

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I've listened to, like Remit
Sethi who talks about how he

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loves really nice clothes and
drives a Toyota Camry.

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That's his trade off.
Or Naval Rabacon who's like, I

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won't even return anything on
Amazon.

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I just throw it away because
it's not worth my time.

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Like I'm actually a pretty
frugal person and will go

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through the process to return
things or getting money back on

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a banana that shows up.
That's not good.

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And that gives me joy to know
that I can take some of that

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money back, but I get no joy
from doing the activities that I

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hire out for.
And so while I understand the

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perspective of modeling for our
children, our children don't

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have to tire out for these
things.

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They can certainly do
themselves.

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But that's my value.
And that's the thing that I that

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I pride myself on is I've got
only so many hours in a day.

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I need to learn to delegate.
And I still am learning to

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delegate things everyday that I
want to take on myself.

230
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But I'm like, no, I can't touch
that.

231
00:13:31,160 --> 00:13:34,160
Sure.
OK, so I'm hearing it's a no for

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00:13:34,160 --> 00:13:39,920
now, which is just fine with me.
But I guess I just wanted to

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00:13:39,920 --> 00:13:42,120
make the implicit.
Explicit in the sense that if we

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00:13:42,120 --> 00:13:44,720
could even just talk to our kids
about we made this choice.

235
00:13:44,720 --> 00:13:46,560
Like, Daddy could have built
your bunk beds.

236
00:13:46,920 --> 00:13:50,120
But we think very highly of
Carlos's work.

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He is a trusted person in our
life.

238
00:13:53,560 --> 00:13:57,800
And we are paying because we
would rather spend that time

239
00:13:57,800 --> 00:14:02,440
playing with you on a Saturday
or Daddy would rather spend some

240
00:14:02,440 --> 00:14:05,120
of that time working than doing
it ourselves.

241
00:14:05,320 --> 00:14:07,520
Yeah.
I grew up doing a lot of the

242
00:14:07,520 --> 00:14:11,520
handiwork and stuff with my dad,
but the thing that always struck

243
00:14:11,520 --> 00:14:15,360
me as particularly odd was that
he didn't have any of the tools.

244
00:14:15,920 --> 00:14:18,760
Like he would always go and
borrow them from our neighbor

245
00:14:18,760 --> 00:14:20,320
who have the nicer tools.
That's.

246
00:14:20,520 --> 00:14:22,400
Funny.
Yeah, like we would be building

247
00:14:22,400 --> 00:14:25,760
TV cabinets with the little
screwdrivers and Allen wrench

248
00:14:25,760 --> 00:14:29,640
things that came in the box.
And I'm like, where's the drill?

249
00:14:31,080 --> 00:14:33,040
Having the right tools is also a
big deal for you.

250
00:14:33,040 --> 00:14:35,480
I understand.
OK, Well, it's a notice.

251
00:14:35,520 --> 00:14:40,880
You know, I'm recalling that
recently the girls and I read

252
00:14:41,360 --> 00:14:43,840
the second book in one of our
favorite book series, which is

253
00:14:43,840 --> 00:14:45,280
called The Way of the Warrior
Kid.

254
00:14:45,840 --> 00:14:48,200
It's by Jocko Willick, who's the
former Navy SEAL.

255
00:14:48,200 --> 00:14:50,760
And basically the point of the
book is discipline equals

256
00:14:50,760 --> 00:14:53,160
freedom.
And it's all these kind of.

257
00:14:53,440 --> 00:14:55,280
Do pull ups.
Yeah do pull ups.

258
00:14:55,360 --> 00:14:56,760
It's amazing.
Highly recommend.

259
00:14:57,040 --> 00:15:01,360
But anyway, in the book, the boy
Mark buys a bike at a junkyard

260
00:15:01,360 --> 00:15:06,960
for $2.00 and he and his friend
Nathan, who has no money, spend

261
00:15:06,960 --> 00:15:10,480
the summer fixing it up together
for Nathan.

262
00:15:10,600 --> 00:15:17,280
So it's kind of like the joy of
a job well done and quite

263
00:15:17,280 --> 00:15:19,680
frankly, something productive to
do with their time instead of

264
00:15:19,680 --> 00:15:23,240
being bored over the summer.
So it's just a different

265
00:15:23,240 --> 00:15:29,440
perspective on how to think
about hard work and time.

266
00:15:29,480 --> 00:15:32,600
I think you did a great job
embodying this while outsourcing

267
00:15:32,600 --> 00:15:37,840
the other day, by the way, you
had the brilliant idea of asking

268
00:15:37,840 --> 00:15:42,200
Carlos to stain the shutters
that had gotten sun bleached as

269
00:15:42,200 --> 00:15:46,480
opposed to us hiring out to
somebody to make new ones or

270
00:15:46,480 --> 00:15:48,640
going to buy new ones.
That I thought that was

271
00:15:48,640 --> 00:15:50,240
brilliant because he did a
beautiful job.

272
00:15:50,920 --> 00:15:54,480
And that was you repurposing
something that existed,

273
00:15:54,800 --> 00:15:58,160
outsourcing it to a person who
was not in the business of doing

274
00:15:58,160 --> 00:16:01,560
that, but came away with a
really great product.

275
00:16:01,600 --> 00:16:05,400
Reminds me of that $2.00 bike.
And it just happened to be that

276
00:16:05,400 --> 00:16:07,080
it was Carlos doing the work.
Interesting.

277
00:16:07,480 --> 00:16:12,880
I, I will add that you are
excellent at sourcing great

278
00:16:13,200 --> 00:16:14,480
talent.
Thank you.

279
00:16:14,680 --> 00:16:18,880
And so and and maintaining
wonderful relationships with

280
00:16:18,880 --> 00:16:22,600
that talent.
So while you do like to delegate

281
00:16:22,600 --> 00:16:27,720
things, you have found a host of
folks from our nanny to Carlos,

282
00:16:27,720 --> 00:16:31,920
our handyman to the pool people.
I can keep going that are

283
00:16:32,040 --> 00:16:35,800
excellent at their craft and
have a very high standard for

284
00:16:35,800 --> 00:16:37,520
all of the projects that they do
here.

285
00:16:37,520 --> 00:16:43,120
And you are great at making sure
that they know both verbally and

286
00:16:43,120 --> 00:16:46,320
monetarily that we value them.
Yeah, as are you.

287
00:16:47,080 --> 00:16:51,200
Thanks.
OK, so we really value time.

288
00:16:51,320 --> 00:16:54,760
We really value time because we
really value things like sleep,

289
00:16:55,160 --> 00:16:58,720
we really value things like
exercise, we really value things

290
00:16:58,720 --> 00:17:02,160
like togetherness, We really
value things like food, food

291
00:17:02,160 --> 00:17:04,200
that we make at home.
Anyway, you're getting you're

292
00:17:04,200 --> 00:17:05,839
getting down the Neufeld rabbit
hole.

293
00:17:05,839 --> 00:17:08,440
But yes, more to be revealed
there.

294
00:17:08,480 --> 00:17:11,119
OK.
And then so, but I want to

295
00:17:11,119 --> 00:17:17,440
circle back on this idea of the
kids can make their own choices

296
00:17:17,440 --> 00:17:21,599
about whether to delegate
something or hire out for it.

297
00:17:22,200 --> 00:17:25,359
And a question that came up in
some of my research that I think

298
00:17:25,400 --> 00:17:29,920
it's worth considering is, are
we passing down a lifestyle to

299
00:17:29,920 --> 00:17:33,160
our children that they will have
a hard time supporting?

300
00:17:34,680 --> 00:17:38,840
It's a very good question.
I think that when it comes to

301
00:17:39,040 --> 00:17:42,600
values, every person is going to
have their own values and we

302
00:17:42,600 --> 00:17:45,640
need to communicate why these
are our values and see if it

303
00:17:45,640 --> 00:17:49,640
matches up with theirs because
there's always choices.

304
00:17:50,320 --> 00:17:51,760
There's always choices with
money.

305
00:17:52,200 --> 00:17:53,680
You can do this or you can do
that.

306
00:17:54,760 --> 00:17:58,600
You can learn to do your laundry
so that you don't need to send

307
00:17:58,600 --> 00:18:03,080
it out when you go to college,
or you can send it out and then

308
00:18:03,080 --> 00:18:07,240
not have the spending money to
go out at night.

309
00:18:07,480 --> 00:18:12,280
Like these are all choices.
And I don't think that 1 is

310
00:18:12,280 --> 00:18:13,960
better than the other.
I actually think that there's a

311
00:18:13,960 --> 00:18:18,360
lot of shame that's placed on
not doing something like laundry

312
00:18:18,360 --> 00:18:20,600
yourself.
But who cares?

313
00:18:21,640 --> 00:18:24,600
I mean seriously, who cares?
Like, if you don't want to do

314
00:18:24,600 --> 00:18:27,000
laundry and that's something
that you hate and you have the

315
00:18:27,000 --> 00:18:30,640
money to send it out and you're
willing to take that trade off,

316
00:18:31,520 --> 00:18:34,320
good for you.
Like that is a thoughtful

317
00:18:34,320 --> 00:18:38,840
choice.
OK, well I'm going back to this.

318
00:18:38,840 --> 00:18:45,520
Make the implicit, explicit idea
of we have chosen to have

319
00:18:45,520 --> 00:18:49,800
someone do our laundry.
There probably will come a time

320
00:18:49,800 --> 00:18:53,200
where we will teach our children
how to do laundry so that they

321
00:18:53,200 --> 00:18:57,160
have choices.
There were many decades of my

322
00:18:57,160 --> 00:19:01,520
life that I did my own laundry,
right and did laundry for other

323
00:19:01,520 --> 00:19:04,440
members of my family.
Right now is not one of them.

324
00:19:05,400 --> 00:19:08,280
So I think it's just an
important thing to consider as

325
00:19:08,280 --> 00:19:13,760
we are making choices because we
are preparing the child for the

326
00:19:13,760 --> 00:19:16,240
path, not the path for the
child.

327
00:19:16,240 --> 00:19:19,920
I think that's one of our core
tenants as parents and so we

328
00:19:19,920 --> 00:19:24,440
want to make sure that they have
an opportunity to develop those

329
00:19:24,440 --> 00:19:28,640
life skills, even if we are
currently using money to allow

330
00:19:28,640 --> 00:19:30,240
them to avoid it.
Agreed.

331
00:19:31,040 --> 00:19:36,640
So I think that we had a great
first conversation reflecting on

332
00:19:36,640 --> 00:19:39,080
our own money stories just now.
Right?

333
00:19:39,760 --> 00:19:44,440
OK, Step 2.
Normalize money talk in everyday

334
00:19:44,440 --> 00:19:47,400
life.
So I would like to broaden,

335
00:19:48,000 --> 00:19:52,560
maybe not this conversation, but
I would like to broaden the

336
00:19:52,560 --> 00:19:56,320
topic to mini money
conversations with our family.

337
00:19:57,520 --> 00:20:00,440
Again, minimum viable product.
They're 75 and three.

338
00:20:01,200 --> 00:20:07,880
Only one of them kind of knows
math, so there isn't too much to

339
00:20:07,880 --> 00:20:11,440
do here.
But I do think that we can weave

340
00:20:11,440 --> 00:20:15,840
some money talk into our some of
our existing experiments,

341
00:20:16,240 --> 00:20:21,880
particularly with stories around
sharing successes and struggles

342
00:20:22,040 --> 00:20:27,880
with money with our children and
also with our values.

343
00:20:27,960 --> 00:20:31,560
So money as a tool to live with
our values within our values.

344
00:20:31,560 --> 00:20:34,920
As I said in our values
exercise, I love this idea of

345
00:20:34,920 --> 00:20:38,160
success as the state of living
and working according to our

346
00:20:38,160 --> 00:20:40,840
values.
And I think that that applies to

347
00:20:40,840 --> 00:20:45,240
money as well.
So we can think about noble uses

348
00:20:45,240 --> 00:20:50,160
of money, right?
So I asked ChatGPT to come up

349
00:20:50,160 --> 00:20:54,280
with some everyday ways to be
noble with money, and I came up

350
00:20:54,280 --> 00:20:56,480
with a bunch of stuff.
Some of it I hated. 2 of them I

351
00:20:56,480 --> 00:21:01,600
absolutely loved. 1 is this idea
of delaying gratification, which

352
00:21:01,640 --> 00:21:05,520
I think is so paramount in life
in general, but it certainly

353
00:21:05,520 --> 00:21:08,440
applies to money.
To be able to say things like

354
00:21:08,800 --> 00:21:11,360
we're not buying that right now
because we're saving for

355
00:21:11,360 --> 00:21:17,160
something more meaningful.
And then also to be open about

356
00:21:17,160 --> 00:21:20,960
money missteps.
Like I overspent on that.

357
00:21:21,600 --> 00:21:26,120
I'm learning to be more careful.
That shows that growth is

358
00:21:26,120 --> 00:21:30,920
ongoing and it can build trust
within the family.

359
00:21:31,520 --> 00:21:32,880
I never would have thought of
that.

360
00:21:33,720 --> 00:21:36,240
So thank you, ChatGPT.
I like that a lot.

361
00:21:36,960 --> 00:21:40,880
So I have some more ideas.
Like we recently got our pool

362
00:21:40,880 --> 00:21:45,320
resurfaced and talking to them
about how we made that decision

363
00:21:45,320 --> 00:21:49,760
over a year ago and put money
aside specifically for this.

364
00:21:49,760 --> 00:21:52,720
And then we did it in the month
of April when we understood that

365
00:21:52,720 --> 00:21:54,080
supply costs would be the
lowest.

366
00:21:54,640 --> 00:21:58,080
Just things like that and
sharing with them why we make

367
00:21:58,080 --> 00:22:01,600
certain choices.
Like we buy you relatively

368
00:22:01,600 --> 00:22:05,080
expensive shoes because they're
more supportive for your feet

369
00:22:05,120 --> 00:22:07,320
and we care about foot health,
but hell.

370
00:22:07,360 --> 00:22:08,840
That's funny.
That's true.

371
00:22:09,800 --> 00:22:11,640
But this means take care of
them.

372
00:22:11,640 --> 00:22:13,120
Please don't ruin them
immediately.

373
00:22:13,520 --> 00:22:16,400
Yes, right.
I think that the conversation

374
00:22:16,400 --> 00:22:21,120
for Jade and definitely for
Maverick will also be about why

375
00:22:21,120 --> 00:22:24,240
they don't get new things,
right.

376
00:22:24,240 --> 00:22:27,800
So you have this bike because we
bought this bike for the family.

377
00:22:28,440 --> 00:22:31,320
This is not Hunter's bike.
This is a family bike and we

378
00:22:31,320 --> 00:22:34,920
bought the best bike that we
could get so that we can use it

379
00:22:34,920 --> 00:22:35,760
three times.
Yep.

380
00:22:36,120 --> 00:22:39,160
It's a great point, totally.
I think it's just good to

381
00:22:39,160 --> 00:22:42,560
reinforce the why when, whenever
we give anything to these kids,

382
00:22:42,560 --> 00:22:46,600
let's just say the value that it
fulfills and why we were willing

383
00:22:46,600 --> 00:22:48,160
to purchase it.
And if we're not willing to

384
00:22:48,160 --> 00:22:50,800
purchase something, same thing.
The why and the value that it

385
00:22:50,800 --> 00:22:53,000
doesn't fulfill.
I think that's great.

386
00:22:53,000 --> 00:22:55,880
That goes back to our stories
episode about sharing meaning.

387
00:22:55,920 --> 00:22:57,320
Yeah.
OK.

388
00:22:58,760 --> 00:23:02,200
And then step three, invite kids
into the process.

389
00:23:02,720 --> 00:23:05,720
So once we've laid the
foundation with some of these

390
00:23:05,720 --> 00:23:10,480
mini conversations, I think it
makes sense to involve them more

391
00:23:10,480 --> 00:23:15,560
in some decision making
overtime, especially low stakes

392
00:23:15,680 --> 00:23:18,960
things where we can help them
with experiential learning

393
00:23:18,960 --> 00:23:21,720
opportunities.
I've heard it said in finance

394
00:23:21,720 --> 00:23:27,160
circles that I would rather my
kid blow $60.00 on some junk at

395
00:23:27,160 --> 00:23:32,040
Target than $60,000 on a degree
that isn't going anywhere.

396
00:23:32,480 --> 00:23:34,680
Yeah.
So start small.

397
00:23:35,440 --> 00:23:38,280
So one of the things I thought
about, which we have six months

398
00:23:38,400 --> 00:23:42,560
until birthday season here, but
we could give Hunter in

399
00:23:42,560 --> 00:23:45,600
particular a budget for her 8th
birthday party.

400
00:23:47,120 --> 00:23:50,960
Yeah, and for school supplies
and for tuition.

401
00:23:51,680 --> 00:23:53,560
School tuition, I mean, it's one
you keep bringing up.

402
00:23:54,080 --> 00:23:57,520
Because I think if she can pay
that bill out of her own

403
00:23:58,040 --> 00:24:01,440
brokerage account and see that
every month that that's how much

404
00:24:01,440 --> 00:24:04,240
is going, I think she's going to
like school a lot more.

405
00:24:05,200 --> 00:24:09,920
She doesn't have a basis for
thousands of dollars versus

406
00:24:09,920 --> 00:24:12,400
hundreds of dollars versus 10s
of dollars.

407
00:24:12,520 --> 00:24:16,960
I think she will have a basis
for thousands of dollars just

408
00:24:17,920 --> 00:24:21,680
talking amongst like, if she's
paying that bill, hear me out,

409
00:24:21,960 --> 00:24:24,560
she's going to go to school and
be like, do you know how much it

410
00:24:24,560 --> 00:24:27,960
costs the school?
And that's a good conversation

411
00:24:27,960 --> 00:24:30,800
for kids to have.
Esther Wojacki talks about how

412
00:24:30,800 --> 00:24:34,640
the Japanese don't have janitors
and how they sweep up the

413
00:24:34,640 --> 00:24:36,960
classrooms and clean everything
up themselves.

414
00:24:37,240 --> 00:24:40,560
And that is really what taking
pride in your school means.

415
00:24:41,000 --> 00:24:43,840
And so, you know, if you're
paying that tuition bill.

416
00:24:45,120 --> 00:24:48,000
Interesting.
Well, I encourage you to support

417
00:24:48,000 --> 00:24:49,600
her through that.
Run that experiment with her.

418
00:24:49,640 --> 00:24:51,120
Absolutely, I'd like to try it
for this.

419
00:24:51,120 --> 00:24:52,840
Have her pay her tuition?
Why not?

420
00:24:52,920 --> 00:24:54,680
Exactly.
OK, great.

421
00:24:54,960 --> 00:24:57,840
Well, so that leads into my next
question, which is what

422
00:24:57,840 --> 00:25:00,040
experiments are we willing to
run around family money?

423
00:25:00,720 --> 00:25:04,120
Oh, and by the way, that's an
Esterwood Jackie practice around

424
00:25:04,120 --> 00:25:06,240
paying tuition that I stole
around paying college.

425
00:25:06,240 --> 00:25:08,680
But yeah.
You want to apply it to 3rd

426
00:25:08,680 --> 00:25:11,120
grade.
Basically, I don't see why not

427
00:25:11,360 --> 00:25:13,560
like that gives a basis for big
numbers I think.

428
00:25:13,640 --> 00:25:16,240
OK, Hey, why not?
If it doesn't work out, it

429
00:25:16,240 --> 00:25:18,040
doesn't work out.
That low stakes here.

430
00:25:18,040 --> 00:25:19,560
This is a lot of fun.
Yeah.

431
00:25:20,000 --> 00:25:21,400
OK.
So what experiments are we

432
00:25:21,400 --> 00:25:23,480
willing to run around family
money?

433
00:25:23,480 --> 00:25:26,080
I think with regards to Step 1,
you and I have started the

434
00:25:26,080 --> 00:25:33,080
conversation around being more
explicit about our use of money

435
00:25:33,320 --> 00:25:40,040
in a values oriented way.
And with regards to #2 as far as

436
00:25:40,040 --> 00:25:45,560
the normalizing money talks in
everyday life, what would you be

437
00:25:45,560 --> 00:25:50,640
willing to commit to?
This either starting with the Y

438
00:25:50,640 --> 00:25:56,000
or incorporating the value into
everything that is spent on

439
00:25:56,000 --> 00:25:57,480
them.
OK, great.

440
00:25:57,720 --> 00:25:59,560
Right.
So how how Yeah.

441
00:25:59,560 --> 00:26:00,920
What's better way of of saying
that?

442
00:26:01,200 --> 00:26:07,800
OK, so I think it comes down to
sharing stories around struggles

443
00:26:07,800 --> 00:26:11,120
and successes with money and
then also leveraging.

444
00:26:11,120 --> 00:26:14,080
I mean, there isn't much of A
better value in our family cheer

445
00:26:14,080 --> 00:26:18,760
than Noble for talking about
money and noble uses of money

446
00:26:21,920 --> 00:26:25,560
and then #3 inviting kids into
the process.

447
00:26:25,560 --> 00:26:28,240
I mentioned the birthday and you
said tuition, but I'm thinking

448
00:26:28,240 --> 00:26:31,840
even small things again, minimum
viable products like allowing

449
00:26:31,840 --> 00:26:36,200
them the opportunity when we're
doing our weekly grocery check

450
00:26:36,200 --> 00:26:40,440
out to look at the relative cost
of things and decide whether

451
00:26:40,440 --> 00:26:43,960
they want two types of fruit or
one bar of chocolate kind of

452
00:26:43,960 --> 00:26:45,080
thing.
Yeah.

453
00:26:46,000 --> 00:26:48,680
OK, so there's so much to
unravel about money, huh?

454
00:26:49,440 --> 00:26:53,200
A ton to unpack.
I'd like to suggest that we keep

455
00:26:53,200 --> 00:26:57,320
it simple for now, but notice
when there are opportunities to

456
00:26:57,640 --> 00:27:04,280
weave money conversations into
our everyday comings and goings

457
00:27:04,320 --> 00:27:07,160
and choices that we're making.
Yes.

458
00:27:07,680 --> 00:27:11,160
So to recap, what's the most
important thing about family

459
00:27:11,160 --> 00:27:13,960
money?
It is influencing our family

460
00:27:13,960 --> 00:27:15,760
culture whether we realize it or
not.

461
00:27:16,760 --> 00:27:19,840
That's right.
And so we're going to do three

462
00:27:19,840 --> 00:27:22,160
things.
Reflect upon our own money

463
00:27:22,160 --> 00:27:25,960
stories.
Yep, and share them and.

464
00:27:25,960 --> 00:27:30,600
Share them with one another,
normalize money talk in everyday

465
00:27:30,600 --> 00:27:33,320
life and invite kids into the
process.

466
00:27:34,360 --> 00:27:37,040
Love it.
And we'd love to hear from

467
00:27:37,040 --> 00:27:41,280
families that are doing this
already with their kids, with

468
00:27:41,280 --> 00:27:45,000
older kids that, you know, we're
getting some responsibilities

469
00:27:45,000 --> 00:27:48,560
around money, how you're
handling this, especially in the

470
00:27:48,600 --> 00:27:53,720
age of no more paper money, no
more checkbooks, no more going

471
00:27:53,720 --> 00:27:56,440
to the bank and talking to the
teller.

472
00:27:57,200 --> 00:27:59,840
Yeah, and what are your values
around money 'cause I would bet

473
00:27:59,840 --> 00:28:01,040
that they would differ from
ours.

474
00:28:01,040 --> 00:28:07,600
So we would love to hear how you
use money as a way to live

475
00:28:07,600 --> 00:28:12,720
within your values as well.
Agreed, I think there's probably

476
00:28:12,720 --> 00:28:17,120
some deep dive into the Reddit
fire and fat fire communities

477
00:28:17,120 --> 00:28:19,880
that we could do here as well
for some creative ideas.

478
00:28:20,760 --> 00:28:22,600
All right, love you, Goosy.
Love you Goosy.

479
00:28:25,200 --> 00:28:28,400
Welcome to our experiment update
where we recap what we've tried

480
00:28:28,400 --> 00:28:31,960
at home, how it worked or
didn't, and what we're tweaking

481
00:28:31,960 --> 00:28:34,680
next.
Danielle, we've been running a

482
00:28:34,680 --> 00:28:37,680
lot of experiment updates,
probably the most of any of the

483
00:28:37,680 --> 00:28:43,000
listeners.
What do you think about how

484
00:28:43,000 --> 00:28:44,920
they've been going so far in
aggregate?

485
00:28:44,920 --> 00:28:46,080
Do you think that we're on to
something?

486
00:28:47,120 --> 00:28:49,960
I really do.
I felt great about the flow of

487
00:28:49,960 --> 00:28:54,560
this weekend in particular.
I feel like we are dedicating

488
00:28:54,560 --> 00:28:57,680
space.
It feels like we have different

489
00:28:57,680 --> 00:29:02,200
zones for different types of
connection and that feels really

490
00:29:02,200 --> 00:29:04,840
good.
It sure does think these kids

491
00:29:04,840 --> 00:29:07,680
really notice.
I mean, Maverick gave me a huge

492
00:29:07,720 --> 00:29:11,600
hug after nap yesterday and that
never happens.

493
00:29:11,640 --> 00:29:14,840
Yeah, you guys have definitely
been strengthening your your

494
00:29:14,840 --> 00:29:18,120
bond lately.
Indeed, So I don't want to take

495
00:29:18,120 --> 00:29:21,920
up too much time on these
experiment updates, but I do

496
00:29:21,920 --> 00:29:23,160
think that they're all
important.

497
00:29:23,160 --> 00:29:25,800
So should we start with the
family meal?

498
00:29:26,280 --> 00:29:28,760
Absolutely.
All right, so minimum viable

499
00:29:28,760 --> 00:29:33,880
product was let's go outside and
eat popsicles together after 5.

500
00:29:34,520 --> 00:29:37,520
Yes, but Jade and Maverick chose
the popsicles and we made them

501
00:29:37,520 --> 00:29:41,080
together on Thursday, which I
think was a cute add on, so they

502
00:29:41,080 --> 00:29:45,160
were very excited about it.
Yes, now great call doing them

503
00:29:45,160 --> 00:29:48,040
outside because my gosh were
they messy.

504
00:29:48,200 --> 00:29:52,400
Indeed.
But tremendous results with a

505
00:29:52,400 --> 00:29:54,360
boomerang effect because of the
sugar.

506
00:29:54,680 --> 00:29:59,800
So the kids were so happy, first
of all, that we were there with

507
00:29:59,800 --> 00:30:02,560
them, especially that I was
eating with them.

508
00:30:02,560 --> 00:30:05,000
I do not eat.
Dessert.

509
00:30:05,000 --> 00:30:06,400
Dessert ever?
Yeah.

510
00:30:06,480 --> 00:30:09,080
Or at 5:00 ever.
So it was actually really

511
00:30:09,080 --> 00:30:13,320
exciting to all sit down
together in a different location

512
00:30:13,320 --> 00:30:17,160
outside on the turf.
We were very relaxed and to eat

513
00:30:17,160 --> 00:30:22,160
something yummy and messy, yeah.
It was it was very special and

514
00:30:22,160 --> 00:30:24,720
we could have just gone inside
and we were ready to clean up.

515
00:30:24,920 --> 00:30:28,760
But we started talking about how
we were going to show them

516
00:30:28,920 --> 00:30:31,160
family movement and they were
like, why would we wait?

517
00:30:32,000 --> 00:30:37,880
Oh, wait, no, hold on, Greg.
We also asked questions about

518
00:30:38,000 --> 00:30:40,880
how the week went.
Oh yeah.

519
00:30:40,920 --> 00:30:43,640
And what do you not want to
bring into next week?

520
00:30:43,760 --> 00:30:46,440
And we had some awesome
responses.

521
00:30:46,440 --> 00:30:51,000
Awesome responses.
So Jade really had some adorable

522
00:30:51,000 --> 00:30:53,920
play ideas at her school, but
Hunter?

523
00:30:54,200 --> 00:30:58,080
So on Thursday morning, she was
going on a field trip and she

524
00:30:58,080 --> 00:31:00,240
didn't think that her best
friend was going to be there.

525
00:31:00,800 --> 00:31:03,880
And she woke up in the morning
and pretended that she was sick.

526
00:31:04,680 --> 00:31:07,240
And then about an hour later
said, you know, mommy, the real

527
00:31:07,240 --> 00:31:10,080
reason why I don't want to go is
because my friend's not going to

528
00:31:10,080 --> 00:31:13,080
be there.
And during family meal, she

529
00:31:13,080 --> 00:31:18,720
said, I want to change the way I
acted yesterday because I

530
00:31:18,720 --> 00:31:21,080
actually had a great time on the
field trip without her.

531
00:31:21,480 --> 00:31:25,360
And I wish that I hadn't not
wanted to go.

532
00:31:26,440 --> 00:31:29,920
And we both separately later
that night and she told me, you

533
00:31:29,920 --> 00:31:32,280
guys are so weird.
You both told me that that was

534
00:31:32,280 --> 00:31:38,960
such a reflective response, but
it was really fun too.

535
00:31:39,640 --> 00:31:41,960
It was a really nice, nice
little moment that we had, I

536
00:31:42,240 --> 00:31:45,560
mean, to start to see kind of
that metacognition, I guess, if

537
00:31:45,560 --> 00:31:48,520
you will.
But Hunter, also Hunter for the

538
00:31:48,520 --> 00:31:52,680
win during family meal said,
Mommy, you cannot give me all of

539
00:31:52,680 --> 00:31:55,240
this sugar and then not ask me
to move my body.

540
00:31:55,240 --> 00:31:59,280
Let's do family movement now.
And Greg and I looked at each

541
00:31:59,280 --> 00:32:01,640
other and we're like, oh, well,
OK, sounds good.

542
00:32:01,640 --> 00:32:03,960
We're going to stay up a little
bit later, but that's all right.

543
00:32:03,960 --> 00:32:07,320
And if, meanwhile, it was
actually already happening

544
00:32:07,320 --> 00:32:09,640
because Jade was running around
in circles like a dog trying to

545
00:32:09,640 --> 00:32:13,120
catch her table.
So that's just normal.

546
00:32:13,640 --> 00:32:17,640
So we ended up doing family
movement for the next, what, 30

547
00:32:17,640 --> 00:32:21,280
to 45 minutes?
We practiced throwing and

548
00:32:21,280 --> 00:32:24,440
catching with footballs and
large balls.

549
00:32:24,440 --> 00:32:26,800
It was so nice.
It was really a lovely way to

550
00:32:26,800 --> 00:32:28,320
start the weekend.
It sure was.

551
00:32:28,320 --> 00:32:31,440
I can't believe that was Friday.
Like that feels like so long ago

552
00:32:31,440 --> 00:32:34,880
given how many experiments we've
been packing into the weekend.

553
00:32:34,880 --> 00:32:38,760
But it's it was that was the
best way to start the.

554
00:32:38,760 --> 00:32:39,920
Week.
It was so nice and they've

555
00:32:39,920 --> 00:32:42,920
already picked out lemon
popsicles for next weekend, so

556
00:32:42,920 --> 00:32:45,080
they're very excited.
Great.

557
00:32:45,600 --> 00:32:47,280
I got 2 thumbs up on Saturday
morning.

558
00:32:47,280 --> 00:32:49,640
I asked them how it went.
Everybody give it 2 thumbs up.

559
00:32:50,440 --> 00:32:53,600
Yeah.
So then on Saturday we did our

560
00:32:53,640 --> 00:32:58,760
pre meeting and our family pre
meeting is an important and

561
00:32:58,960 --> 00:33:01,680
necessary part of our family
meeting, we're finding.

562
00:33:01,680 --> 00:33:05,640
So hope that as you're trying
this at home that you set aside

563
00:33:05,640 --> 00:33:10,040
some time to create an agenda
together and really get

564
00:33:10,040 --> 00:33:11,480
intentional about what you're
going to do.

565
00:33:12,120 --> 00:33:15,240
I think the kids look forward to
the Saturday pre meeting more

566
00:33:15,240 --> 00:33:18,200
than they do the Sunday meeting
because as soon as they woke up

567
00:33:18,200 --> 00:33:21,360
on on Saturday morning they told
me about how we have to start

568
00:33:21,360 --> 00:33:22,640
voting.
They wanted to vote before you

569
00:33:22,640 --> 00:33:25,480
even came downstairs, Greg.
Yeah, I think they want to win.

570
00:33:25,520 --> 00:33:26,960
I think they're darn
competitive.

571
00:33:27,640 --> 00:33:30,040
They all want their own ideas.
Also, the idea of choosing the

572
00:33:30,040 --> 00:33:32,440
snack in the game feels fun.
Yes.

573
00:33:33,320 --> 00:33:36,640
So yeah, on Saturday we had our
Saturday pre meeting and we've

574
00:33:36,640 --> 00:33:40,800
continued it throughout the week
to try to talk about our family

575
00:33:40,800 --> 00:33:42,960
value of the month, which is
being noble.

576
00:33:43,240 --> 00:33:45,840
And so I've consistently said
that noble means doing the right

577
00:33:45,840 --> 00:33:49,280
thing even when it's hard and to
varying degrees I think that is

578
00:33:49,280 --> 00:33:51,560
caught on.
We also read, I attempted to

579
00:33:51,560 --> 00:33:55,640
read a couple of noble stories,
particularly about Clara Barton

580
00:33:55,640 --> 00:33:58,160
this week, the founder of the
American Red Cross.

581
00:33:58,760 --> 00:34:04,760
And well, like me me muscle
menos, I would say.

582
00:34:05,080 --> 00:34:09,840
But this weekend, the Kocha Jar
came back with a vengeance,

583
00:34:09,840 --> 00:34:11,880
people.
We didn't really use it too much

584
00:34:11,880 --> 00:34:16,159
during the week, but over the
weekend we had five or six

585
00:34:16,159 --> 00:34:20,040
different submissions by the
kids noticing noble acts of one

586
00:34:20,040 --> 00:34:23,520
another.
And Jade had the most adorable

587
00:34:23,520 --> 00:34:28,639
innovation to turn one of her
scraps of paper into a necklace.

588
00:34:28,639 --> 00:34:32,000
She said, Mommy, I actually want
to take this piece of paper and

589
00:34:32,000 --> 00:34:35,199
make a noble necklace out of it
because she was so proud of her

590
00:34:35,199 --> 00:34:38,199
noble act.
So before you knew it, we had

591
00:34:38,199 --> 00:34:40,679
three noble necklaces going on
this weekend.

592
00:34:41,239 --> 00:34:42,880
From the kids, it was very, very
sweet.

593
00:34:44,080 --> 00:34:49,199
And the safe hand strong hearts
call and response has also.

594
00:34:50,000 --> 00:34:53,600
I'd say it's been about 70%
effective, which is something.

595
00:34:54,159 --> 00:34:55,679
For sure.
It's definitely catchy.

596
00:34:55,679 --> 00:34:58,640
I mean sometimes they will
scream it in the same second of

597
00:34:58,640 --> 00:35:00,480
biting or hitting.
They'll be like, oh, say.

598
00:35:00,960 --> 00:35:02,400
Hey, there's been no biting this
week.

599
00:35:02,520 --> 00:35:06,080
So yes, often Maverick will be
screaming strong hearts while

600
00:35:06,080 --> 00:35:09,520
pinching someone.
But you can see that he has the,

601
00:35:09,800 --> 00:35:13,880
let's call it like a
simultaneous behavior and

602
00:35:14,240 --> 00:35:17,800
thought process, right?
So it feels like.

603
00:35:17,800 --> 00:35:18,680
Progress.
It does.

604
00:35:19,120 --> 00:35:21,040
It does.
And then on Sunday we had our

605
00:35:21,040 --> 00:35:25,480
third family meeting.
Yeah, that was very smooth.

606
00:35:25,840 --> 00:35:28,960
Yeah, I think that everybody
knew what to expect this week.

607
00:35:29,120 --> 00:35:32,080
It was our third time doing it.
Everybody knew what to expect by

608
00:35:32,080 --> 00:35:35,080
the third time, which felt good.
I felt a little bit different

609
00:35:35,080 --> 00:35:38,320
kind of moving from that
storming to that forming phase,

610
00:35:38,320 --> 00:35:41,480
if you will.
Yeah, it really did.

611
00:35:41,640 --> 00:35:44,320
I personally really liked
learning how to do something

612
00:35:44,320 --> 00:35:46,200
together.
So this week we did learn how to

613
00:35:46,200 --> 00:35:48,560
make paper airplanes.
And I still can't really make a

614
00:35:48,560 --> 00:35:50,200
paper airplane, but I'm
improving.

615
00:35:51,320 --> 00:35:55,440
But this idea of like this
tactile learning and not

616
00:35:55,440 --> 00:35:59,280
watching a video, Greg kind of
led the way was great.

617
00:35:59,280 --> 00:36:03,880
And you know, I think that I
quickly dismissed your idea of

618
00:36:03,880 --> 00:36:06,440
Hunter teaching us about
dinosaurs last week.

619
00:36:06,880 --> 00:36:10,680
But I think that upon further
reflection, it seemed almost

620
00:36:10,680 --> 00:36:12,960
like you did teach us how to
make paper airplanes this

621
00:36:12,960 --> 00:36:14,640
weekend because you're the only
one that knew how to do it.

622
00:36:15,080 --> 00:36:22,040
And that was really nice.
So sorry, and I'd like to

623
00:36:22,240 --> 00:36:25,280
consider that for next week.
We tried this idea of someone

624
00:36:25,280 --> 00:36:30,160
teaching us how to do something.
OK so to recap, family meeting.

625
00:36:30,160 --> 00:36:34,120
We still love the Saturday pre
meeting and we're learning what

626
00:36:34,120 --> 00:36:36,760
works as far as the Sunday
meeting itself.

627
00:36:36,760 --> 00:36:41,200
But before the play, it was only
about 25 minutes this week, so

628
00:36:41,200 --> 00:36:43,480
that felt like the right amount
of time.

629
00:36:43,720 --> 00:36:44,880
Yeah, we're not talking about
hours.

630
00:36:44,880 --> 00:36:47,400
Here, and this was actually the
longest play that we did at the

631
00:36:47,400 --> 00:36:49,920
end of our family meeting
because it really was family

632
00:36:49,920 --> 00:36:53,120
play as well as family stories.
Typically our play has been like

633
00:36:53,120 --> 00:36:54,840
a game of Zingo or a round of
Pictionary.

634
00:36:55,080 --> 00:36:56,120
Right.
Yeah.

635
00:36:56,120 --> 00:37:00,240
So this week I brought out a big
bag of photos that I had already

636
00:37:00,240 --> 00:37:04,680
scanned into an online album.
And it's kind of meta because

637
00:37:04,680 --> 00:37:07,440
I'm like, actually these photos
would be perfect for the kids to

638
00:37:07,880 --> 00:37:11,680
to learn about my family and to
make a physical album.

639
00:37:11,680 --> 00:37:14,360
So I think I pulled a lot of
these out of a physical album.

640
00:37:14,360 --> 00:37:16,880
And now I'm having the kids
remix them into an album while

641
00:37:16,880 --> 00:37:20,000
teaching them about my parents
and my grandparents, who none of

642
00:37:20,000 --> 00:37:23,360
them are alive, unfortunately.
So the kids are learning that

643
00:37:23,360 --> 00:37:25,280
way.
And I think we all had, I think,

644
00:37:25,280 --> 00:37:28,520
a beautiful time just sitting
there going through photos and

645
00:37:28,840 --> 00:37:31,520
sticking them in albums and
reading another album.

646
00:37:31,920 --> 00:37:34,520
What do you think?
I thought it was wonderful.

647
00:37:35,120 --> 00:37:37,880
So this definitely hits upon
family stories, but did it feel

648
00:37:37,880 --> 00:37:41,040
like play to you as well because
you had said that scrapbooking

649
00:37:41,040 --> 00:37:43,280
would be a great idea of of play
for you I.

650
00:37:43,280 --> 00:37:45,440
Mean, I could have done that for
another hour or two.

651
00:37:45,440 --> 00:37:47,880
But did it feel like play?
Yes.

652
00:37:48,320 --> 00:37:50,080
Cool.
I didn't check my phone once.

653
00:37:50,480 --> 00:37:51,960
I wasn't thinking about anything
else.

654
00:37:51,960 --> 00:37:55,160
So I think that's what that
would be my definition of play

655
00:37:55,160 --> 00:37:57,400
these days, Something that takes
my mind off of everything else.

656
00:37:57,440 --> 00:37:59,040
Cool.
That's great.

657
00:37:59,560 --> 00:38:03,520
And then on family space, so we
have the kids, individual areas.

658
00:38:03,560 --> 00:38:06,040
That has been fine.
I asked them how they feel about

659
00:38:06,040 --> 00:38:07,120
it.
They like having them, but there

660
00:38:07,120 --> 00:38:10,240
hasn't been much movement in the
space so far.

661
00:38:10,960 --> 00:38:14,840
But the swap of the dining room
table to now become our kitchen

662
00:38:14,840 --> 00:38:20,640
table has been awesome.
We have played Settlers of

663
00:38:20,640 --> 00:38:23,680
Catan, done about 7 different
puzzles on that table.

664
00:38:23,880 --> 00:38:26,000
It's where we're having our
family meeting, but it doesn't

665
00:38:26,000 --> 00:38:30,480
feel stuffy and we had a couple
meals there, which is awesome.

666
00:38:30,560 --> 00:38:32,640
We actually ate dinner together
this Sunday.

667
00:38:32,840 --> 00:38:35,520
We did wow crazy before the
family meeting.

668
00:38:36,600 --> 00:38:38,720
Yeah.
So what strong beliefs are you

669
00:38:38,720 --> 00:38:41,480
holding on to at home?
The strong belief that we were

670
00:38:41,480 --> 00:38:44,240
holding on to is, yes, we
eventually wanted a table in

671
00:38:44,240 --> 00:38:46,960
that room, but it couldn't be
the table that was in the other

672
00:38:46,960 --> 00:38:49,200
room like that, just.
Yeah, that's the fancy black.

673
00:38:49,200 --> 00:38:50,600
Table.
That's the fancy black table.

674
00:38:50,600 --> 00:38:53,600
And for whatever reason, this is
the furniture we bought the

675
00:38:53,600 --> 00:38:56,120
house with too.
You know, there's COVID times,

676
00:38:56,920 --> 00:38:58,800
times are rough.
Couldn't get any furniture.

677
00:38:58,800 --> 00:39:01,360
Now you can't get eggs.
The furniture was staged that

678
00:39:01,360 --> 00:39:02,920
way and we just kept it that
way.

679
00:39:02,920 --> 00:39:05,200
I think it was we had walked
into the house and we're like,

680
00:39:05,200 --> 00:39:08,040
oh, this is the way the house is
supposed to be downstairs.

681
00:39:08,680 --> 00:39:11,200
And Danielle was like, you know,
I kind of want a table in the

682
00:39:11,200 --> 00:39:14,640
other room, but we should have a
round kitchen table.

683
00:39:14,640 --> 00:39:16,920
And I agree that should be the
ultimate goal.

684
00:39:16,920 --> 00:39:20,800
But you're just let's do the
MVP.

685
00:39:20,800 --> 00:39:23,920
Let's do the easy thing.
Hit press the easy button and

686
00:39:23,920 --> 00:39:25,880
just swap the furniture one room
to the other.

687
00:39:26,200 --> 00:39:28,560
Game changer.
Absolute game changer.

688
00:39:28,680 --> 00:39:31,600
I agree, family space making it
adaptable.

689
00:39:32,400 --> 00:39:35,760
Yeah.
All right, so experiments are

690
00:39:35,760 --> 00:39:37,240
working out.
Well, they are.

691
00:39:37,520 --> 00:39:41,080
They are and I'm sure you heard
at the beginning of the episode,

692
00:39:41,080 --> 00:39:44,960
but we have the most important
thing tip sheet that Danielle

693
00:39:44,960 --> 00:39:50,960
here made for all of you to
follow along and understand the

694
00:39:51,160 --> 00:39:54,800
most important thing about each
episode as you're going in or as

695
00:39:54,800 --> 00:39:58,720
you're refreshing yourself on
some of these experiments.

696
00:39:59,160 --> 00:40:05,960
You can get that from
usifyouemailushi@tmitpod.com or

697
00:40:05,960 --> 00:40:10,360
sign up for our newsletter on
our website, tmitpod.com.

698
00:40:10,720 --> 00:40:15,760
We will send you the resource
and look forward to learning

699
00:40:15,760 --> 00:40:17,160
more about you all.
Right.

700
00:40:17,280 --> 00:40:18,840
Great.
Thanks everybody for listening.

701
00:40:18,960 --> 00:40:20,480
Love you Goosy.
Love you goosy.