It's one thing to say a task should be done but it's a different matter to actually do it!
Quote for the episode: More times than not it's not a scary cat with giant claws, it's a little cute kitten, and you're gonna leave saying 'why didn't I do that earlier?' (04:20)
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Welcome to the Enjoy More 30s Family Finance
Voiceover Audio:podcast. The only podcast dedicated to making life more
Voiceover Audio:enjoyable for young families by hitting on the financial topics
Voiceover Audio:that tend to weigh on us, stress us out, and distract our focus
Voiceover Audio:from simply enjoying life.
Joseph Okaly:Hello, and welcome to the next series here on the
Joseph Okaly:Enjoy More 30s Family Finance podcast. This series is called
Joseph Okaly:The Financial Parables of Your Life. I try to keep pretty much
Joseph Okaly:every episode short, because you know, we're all having our kids
Joseph Okaly:kind of scream in our ear as we're trying to work from home
Joseph Okaly:or do whatever we're doing so who has time for an hour
Joseph Okaly:podcast? But this season is going to be even moreso because
Joseph Okaly:what I'm going to do is have a weekly parable for you to digest
Joseph Okaly:and just try to make your life a little bit better through it.
Joseph Okaly:Now, some of these are actually fables, some are actually
Joseph Okaly:parables. I'm not going to get all caught up in those literary
Joseph Okaly:semantics though. I picked one word and threw it in the title
Joseph Okaly:of the series. They are stories to help so hopefully that's what
Joseph Okaly:they do. Now each week, like I said, I'm going to be sharing
Joseph Okaly:what may be a somewhat altered version of a story that you're
Joseph Okaly:familiar with because stories are just easier. They're easier
Joseph Okaly:to remember. That's why we tell our children's stories at night.
Joseph Okaly:That's how our grandparents share about the past. I mean,
Joseph Okaly:the human race for generations has been passing on information
Joseph Okaly:through stories. That was the best way to do it. The Boy Who
Joseph Okaly:Cried Wolf, we all know that story. We can remember that
Joseph Okaly:story. Me talking about, say standard deviation and how it
Joseph Okaly:relates to an expected range of returns, which also changes in
Joseph Okaly:respect to time horizon. While that may be very important, it
Joseph Okaly:will also perhaps put you to sleep. So I guess maybe that
Joseph Okaly:would be a better one save for like a bedtime stories series.
Joseph Okaly:But yeah, that's not where we are today.
Joseph Okaly:So as I begin, or before I begin, I should say as always,
Joseph Okaly:please share please like, please leave reviews. I'd love to be
Joseph Okaly:able to reach as many young families out there and help them
Joseph Okaly:as possible just like you. So today, please join me for our
Joseph Okaly:initial story Belling the Kitten.
Joseph Okaly:The mice once called a meeting to decide on a plan to free
Joseph Okaly:themselves of their enemy, the cat. At least they wish to find
Joseph Okaly:some way of knowing when she was coming. So they might have time
Joseph Okaly:to run away. Indeed, something had to be done for they lived in
Joseph Okaly:such constant fear of her claws that they hardly dared stir from
Joseph Okaly:their dens by day or night. Many plans were discussed, but none
Joseph Okaly:of them was thought good enough. At last, a very young mouse got
Joseph Okaly:up and said, "I have a plan that seems very simple but I know it
Joseph Okaly:will be successful. All we have to do is hang a bell about the
Joseph Okaly:cat's neck. When we hear the bell ringing, we will know
Joseph Okaly:immediately that our enemy is coming." All the mice were much
Joseph Okaly:surprised that they had not thought of such a plan before.
Joseph Okaly:But in the midst of the rejoicing over the good fortune,
Joseph Okaly:an old mouse rose and said, "I will say that the plan of the
Joseph Okaly:young mouse is very good. But let me ask one question, who
Joseph Okaly:will bell the cat?"
Joseph Okaly:So it's one thing to say that something should be done but
Joseph Okaly:it's quite a different matter to actually do it. You're listening
Joseph Okaly:here today and other days I hope and many other days to come
Joseph Okaly:because you're looking to improve. You're looking to have
Joseph Okaly:less anxiety and worry. You're looking to have more confidence
Joseph Okaly:in your life and freedom to go out and enjoy what you want to
Joseph Okaly:enjoy. You don't want that cat to come out and grab your goals
Joseph Okaly:away from you. You don't want to be afraid. It might be
Joseph Okaly:retirement, it might be protecting your family. It might
Joseph Okaly:just be not knowing if there is even a cat on the other side of
Joseph Okaly:the wall that you can't see. Is there anything out there? My
Joseph Okaly:story is called Belling the Kitten because when you go out
Joseph Okaly:and do it. So whether that be meeting with an advisor, just
Joseph Okaly:listing out your goals, seeing what you can save every month,
Joseph Okaly:getting that will or some other document doesn't really mean
Joseph Okaly:anything else that might be detracting from you enjoying
Joseph Okaly:life as much as possible today, if you actually go out with that
Joseph Okaly:bell, more times than not, it's not as hard or as scary as you
Joseph Okaly:may think. More times than not it's not a scary cat with giant
Joseph Okaly:claws. It's a little cute kitten. And you're gonna leave
Joseph Okaly:saying "why didn't I do that earlier?"
Joseph Okaly:So thanks for tuning in today and join us for next week's
Joseph Okaly:story Great Grandma's Roast. I hope you enjoyed today's story
Joseph Okaly:and please remember again to review and share for others. And
Joseph Okaly:if you need any help, don't hesitate in reaching out. I
Joseph Okaly:probably have helped someone just like you. Until next week,
Joseph Okaly:thanks for joining me today and I look forward to connecting
Joseph Okaly:with you again soon.
Voiceover Audio:The conversations on this show are
Voiceover Audio:Joe's opinions and provided for general information purposes
Voiceover Audio:only. They do not constitute accounting, legal, tax, or other
Voiceover Audio:professional advice for your specific situation. You should
Voiceover Audio:always seek appropriate advice from a financial advisor,
Voiceover Audio:accountant, lawyer, or other professional before acting upon
Voiceover Audio:any content or information found here first. Joe is affiliated
Voiceover Audio:with New Horizons Wealth Management LLC, a branch office
Voiceover Audio:of TFS Securities Inc., and TFS Advisory Services an SEC
Voiceover Audio:Registered Investment Advisor, Member FINRA/SIPC.