Frameworks & Finance (formerly Delve into Money)

For the month of December I'm taking a break from the podcast. When we start in January, I'll be changing the format and going back to WEEKLY episodes.See y'all in January!—Follow me on TwitterJoin 7k+ rethinking money every ThursdayAdvertising Inquiries: https://redcircle.com/brands

Have you ever seen people living just a little differently and wondered how they built that life for themselves?In today's interview, I talk to Brian Luebben, who has done just that.Brian runs a few different businesses but intentionally runs them in a way that creates more freedom for him.In this episode, we talk about his story, the 3 types of freedom, and why you should prioritize passionate income over passive income.Check out Brian's Podcast: Action Academy PodcastFollow him on social:Twitter: @theactionpodIG: @brianluebbenTiktok: @brianluebben—Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

I talk a lot about the numbers of business, but what are the hidden costs?Today I break down opportunity cost and sunk cost and how to make decision-making models that account for these and help you avoid the biases that are all too common.To learn more about these biases, check out my newsletter editions on them:How to avoid sunk cost fallacy and save your business moneyFootball, Food, & Opportunity Cost—Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Jeff Rose is Certified Financial Planner that 3 years ago sold his wealth management to become a full-time online educator. He has a blog, book, and youtube channel that reaches 400,000 unique visitors to his website per month.Jeff currently writes for Forbes and Entrepreneur and has been featured in USA Today, Wall Street Journal and Fox Business where he talked personal finance, entrepreneurship and online business.In this episode, we talk about his journey and the lessons he learned along the way.Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

What is the goal of running a business? I argue that everyone's goal is to create value. Ultimately for themselves, but also for their customers and those around them.I break this process into 4 elements and identify some ways you can measure the value you're creating.--Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

In the busyness of life and work, it's easy to get distracted by the things around us.In this week's episode, I spoke to Joshua Becker, a multiple-time best seller, and his newest book, Things That Matter.Check out Joshua's work:Things That Matter book (aff)Becoming MinimalistThe Hope Effect---Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Understanding what key metrics to choose is extremely important. The wrong metric can give you the wrong information. The right metric can help you make better decisions in your business.In this episode, I break down the 7-step process of identifying the right KPIs.To learn more, reach out to me here: kurtishanni.com/consulting--Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Today I'm being joined by Corey Nicholson. We talk about his journey of starting in e-commerce at age 16 and finding the right opportunity to capitalize.Follow Corey's journey on Twitter or Youtube.---Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Financial Statements can be hard, but they're not as hard as they seem.Today I break down the basics of the 3 Financial Statements.If you're interested in the cohort, you can join here:Cohort Course "Financial Statements Decoded" (Discount code: PODCAST)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Listen to hear the announcement about a change I'm making to the podcast.Apply for the cohort here (Applications due Aug 17th)Email me what you'd like to hear: kwh@kurtishanni.com--Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Today I'm being joined by Josh Patrick and we talk about building a sustainable business, the 4 types of profit, creating financial dashboards, and managing cash flow.Josh is a consultant and author who has written two books: Sustainable & The Sale Ready Company.Buy the Sustainable bookEmail Josh: jpatrick@stage2planning.com--Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Everyone wants to be successful, but everyone also has their own definition of success.So, based on your definition, how can you be successful?Sure, having talent is nice, but it's not the most important factor. Shoot, not even one of the top factors.In this episode, I explore the 5 factors I think contribute more to your success than talent.Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Personal finance is hard with all the jargon and concepts. In today's episode, I attempt to simplify it for you by picking 24 concepts I think you should know.Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Failure is seen as a bad word, but not all failure is bad. In this episode, I talk about what good failure looks like and introduce a few principles that will help you fail well.Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

As a personal finance junkie, you know I have to have some favorites.In this episode, I break down my top 5 and do a brief summary of each.They are:5: The Simple Path to Wealth by JL Collins4: The Total Money Makeover by Dave Ramsey3: The Millionaire Next Door by Thomas Stanley2: I Will Teach You to be Rich by Ramit Sethi1: The Psychology of Money by Morgan Housel--Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

For years, I didn't track my net worth consistently. But when I started doing it, my results got better.Coincidence? I think not... In this episode, I talk about 9 reasons you should track your net worth and how to do it.Places to go:Personal CapitalYNAB (You Need A Budget)Net Worth Tracking Spreadsheet--Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

No matter how well we were taught, we don't listen much at 20. In this week's episode, I reflect back on my 20s and the lessons I wish I knew at that time.Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

A weekly review is essential to make sure things don't fall through the cracks. This week I take you through my 3 steps: Ponder, Process, and Prepare.Notion Weekly Review TemplateGTD by David AllenRedeeming Your Time by Jordan RaynorAdvertising Inquiries: https://redcircle.com/brands

Building habits is hard. When relying on motivation and willpower, lapses can create frustration and make it hard to establish a habit. By looking at the book Tiny Habits by BJ Fogg, we can use behavioral design principles to create better money habits.Takeaway #1 - Design better habits by understanding the anatomy of a tiny habit.Takeaway #2 - Understand the BMAP model and how we can use it to "lower the bar" in habit creation.Takeaway #3 - Use the After I ____, I will ____ statement to add tiny habits onto already established routines.Buy the book (affiliate link)Tiny Habits recipe maker webpageTiny Habits resource pageAdvertising Inquiries: https://redcircle.com/brands

Every department can impact the bottom line.In this episode, I go through each department how you can impact the bottom line and shine as a top performer.If you're interested to learn more about the cohort, here is the link:Cohort Course "Financial Statements Decoded" (Discount code: PODCAST)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Financial statements are extremely intimidating. In today's episode, I make the case for EVERYONE needing to understand them, then do a brief overview of each statement.If you're interested to learn more:Twitter thread on Financial Statement BasicsCohort Course "Financial Statements Decoded" (Discount code: PODCAST)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

It's easy to get in the groove of the day to day then look back in 5 years and realize you've made no progress.Today we talk about signs that you've stagnated in life and work and how to recover from stagnation.Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Two people in the exact same situation can have completely different outlooks on life. One can be content and the other discontent.How is this? In today's episode I talk about the root causes of discontentment and 10 ways to combat them.Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

There are people out there that want you to give up and quit trying.I'm not one of those people. Focus is one of the most valuable assets you have. It's your job to control it and I fully believe you can.In this episode, I offer a counterargument to the book Stolen Focus and give you tips on how to curtail your focus and get more done.Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

The reality is you need to take control of your career. If you don't, you're at the whims of your bosses and company.Today we talk about 17 skills that will get you paid and some books you can read to help you develop them.Twitter thread (affiliate links)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

In personal finances we spend a lot of time hating on the Starbucks, Netflix, and "excessive" spending.But who truly determines what's "excessive?"In this episode of the podcast we discuss Ramit Sethi's Money Dials and how we can apply them to our lives.From his 10 dials:ConvenienceTravelHealth / fitnessExperiencesFreedomRelationshipsGenerosityLuxurySocial statusSelf-improvementWe ask the question: What do you LOVE to spend money on?Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Who else has set an annual goal and then forgot about it until November?I think we've all been there! When I implemented a quarterly review process, it completely changed my relationship with my goals.In this episode, I talk about what I do.QuestionsWhat were the 3 biggest wins?Did I make progress on my goals? Do any need to change?What did I do last quarter that is not helping me 10x my life?What personal habit would you like to improve next quarter?Checklist[ ] Review & update your goals[ ] Identify up to 3 goals for the new quarter[ ] Review your ideal week[ ] Review someday maybe list[ ] Review your daily rituals[ ] Look at your calendar for the next quarterFollow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

In today's episode, we continue on with Atomic Habits and talk about applying the Goldilocks rule to your life. This rule states that humans experience peak motivation when working on tasks that are right on the edge of their current abilities. Not too hard. Not too easy. Just right.We talk about how we should live this rule and what it means in day-to-day life.Listen to Atomic Habits #1 on self-sabotageAtomic Habits by James Clear (aff)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

What plays a bigger part in success? Talent or hard work?In today's episode we're going to discuss the interplay between these two, how your personality influences your talents, and 4 questions to ask to find your talent.The 4 questions are:What feels like fun to me, but work to others?What makes me lose track of time?Where do I get greater returns than the average person?What comes naturally to me?Listen to Atomic Habits #1 on self-sabotageAtomic Habits by James Clear (aff)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

When adopting a new identity/habit, one of the most powerful things you can do is align yourself with a group seeking the same goal.In this episode we dig into why joining a group is such a powerful tool and how you can use it to make your new habits stick.Listen to Atomic Habits #2 on limiting beliefsListen to Atomic Habits #1 on self-sabotageAtomic Habits by James Clear (aff)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

To truly create a new habit, you have to adopt an identity as a person who does that specific thing. If you change your outcomes or processes, but don't change your identity, change will be temporary.In this episode, we talk about 4 ways to attack your limiting beliefs and make a new identity stick.Listen to episode 1 on Atomic HabitsAtomic Habits by James Clear (aff)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

If someone asks you want you do or who you are, how do you answer?The way you answer is a reflection of how you identify. Your identity is either reinforced or undermined by your daily habits.In Atomic Habits, James Clear talks about how habits shape your identity.It's important that our habit changes start with our identity. When adopting a new identity, you must:Decide the type of person you want to be.Prove it to yourself with small wins.Kurtis tells a personal story about an identity he adopted and how he self-sabotaged himself out of that identity. The episode ends with 2 questions for you to reflect on:In what ways have you adopted a new identity in your life?What are you holding onto that could stop you from keeping that identity?Atomic Habits by James Clear (aff)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

This special episode was recorded on Twitter Spaces on 2/17/2022.Follow everyone on Twitter:@KurtisHanni@AdultingisEasy (Lauren)@MainStMoney (Alex)@roadtowealthpod (Justin)Join us on Twitter Thursday, March 3rd at 8:30 pm EST.Advertising Inquiries: https://redcircle.com/brands

It's through action that we find clarity.In this episode, we discuss "Man's Search for Meaning" and how it was through suffering that meaning was found.Action allows us to clarify our goals and eliminate those things that don't align.Dig into this concept with us.Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Over the last few weeks, we've done a deep dive into the book Redeeming Your Time and talked about a number of concepts from the book.All of those episodes fall into the category of life design. The thing is, we can overoptimize and create a life that's too rigid. This rigidity makes us unable to adapt.In this week's episode, we talk about creating room in your life for spontaneity so that you can avoid the stress and pressure of an intense system.Redeeming Your Time by Jordan Raynor (aff)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

What books am I reading as research for the show? What books should I be reading?I talk about this and give a few pointers on how to read more.Podcast Episode 07: Read more books with these tricksTwitter thread on reading moreFollow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Time management and distractions are the biggest enemies of your productivity.In this episode we discuss using routines, time blocking, and saying no.Redeeming Your Time by Jordan Raynor (aff)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

This special episode was recorded on Twitter Spaces on 1/20/2022.Follow everyone on Twitter:@KurtisHanni@AdultingisEasy (Lauren)@MainStMoney (Alex)@roadtowealthpod (Justin)Join us on Twitter Thursday, February 3rd at 8:30 pm EST.Advertising Inquiries: https://redcircle.com/brands

Achieving goals, especially long-term ones can be intimidating and hard. Today we're going to talk about how to focus on what truly matters and how to better prioritize your commitments.If we don't clarify our essentials, we end up doing whatever comes to our attention in the moment.In many cases, that means we do low-value tasks that pop up in our day and put off the truly important.We let the noise and hum of the day around us distract us from the things we value.The reality is, if we don't spend time on the things we value, we need to evaluate: how much do we truly value them?To get better at prioritization and setting goals, we need to start much higher than “goals”. We need to start with Values.Mentioned in the episode:Redeeming Your Time by Jordan Raynor (aff)Personal values online assessmentPersonal values card deckBetterUp article: Creating a Personal Vision StatementDelve into Money episode 27: Financial Goal Ideas-Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Not being able to get into silence or solitude is detrimental to us mentally. It limits our ability to think, be creative, cultivate depth, be at peace, or listen to God or our internal voice.So how can we remove distractions, or noise, from our lives?Jordan Raynor lists 8 practices in Redeeming Your Time and in today's episode we discuss 2 of them apply them to your financial life.Redeeming Your Time by Jordan Raynor (aff)Make Time Delve into Money Podcast EpisodeFollow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Have you ever felt overwhelmed with all the things you have to get done? Have you ever felt like you're dropping the ball?Often, these feelings are a result of open loops or unrecorded commitments.In today's episode, we discuss how to create a system that helps you handle open loops and then use the weekly review to make better financial decisions.Redeeming Your Time by Jordan Raynor (aff)Getting Things Done by David Allen (aff)Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

This special episode was recorded on Twitter Spaces on 1/6/2022.Follow everyone on Twitter:@KurtisHanni@AdultingisEasy (Lauren)@MainStMoney (Alex)@roadtowealthpod (Justin)Join us on Twitter Thursday, January 20th at 8:30 pm EST.Advertising Inquiries: https://redcircle.com/brands

Don't let 2022 be just every other year, where the goal never makes it out of January!In 2020, only 38 percent of adults in the U.S. had specific financial goals, according to research from the Lincoln Financial Group.Goals are extremely important. They help you break down intimidating things that you can't accomplish immediately and create the steps for you to reach them.In this episode, we'll break down how to set good goals, the SMART goal framework, and give you 10 suggests for financial goals you could set.LinksEmergency fund episodeMoney & Marriage ebookFollow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Another one in the books!2021 was a whirlwind year for me and my family, as I'm sure it was for you too. My wife got pregnant and we had our first child in November. I started this podcast, which brought social media back into my life. I had some big work projects that we completed and really took over my whole year.There was a lot going on personally, but also a lot in the world.COVID-19, supply chain issues, and inflation dominated the news cycles and our lives.In this episode, I reflect on the lessons I learned from starting this podcast. I then relate these lessons back to your personal finances.Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

What is an emergency fund?An emergency fund is a stash of money set aside to cover the financial surprises life throws your way. These unexpected events can be stressful and costly.Here are some of the top emergencies people face:Job lossMedical or dental emergencyUnexpected home repairsCar troublesUnplanned travel expensesBy setting up an emergency fund, you help protect you and your family from unexpected expenses.So how much should you have in an emergency fund?The general suggestion is to have 3-6 months of expenses set aside for emergencies. This will cover you in the case of job loss and allow you to look and find a new job, or at minimum find an alternative so you aren't out on the street.To calculate how much you need, it's common to remove expenses you wouldn't incur in a true emergency. This would be general spending, eating out, vacation, and savings goals. It's your discretion exactly what you do, but these are general guidelines.So, in what situations would you need more or less of an emergency fund?You need more if:During a recession (when unemployment rates are higher and the length of unemployment is often longer).If you're in a high-risk industry where layoffs are common.If your income isn't steady.If you're retired (and most of your money is in more-volatile stock and bond investments).You need less if:You have multiple streams of incomeYou could get a job quicklyYou aren't living off both incomesNo matter your situation, it's my opinion that 3 months is the lowest amount you should ever hold.Where do I keep it?We want this money to be liquid. It should be in a high yield savings account and not in the stock market or crypto investments.If you keep it in those, it's likely to be down when you need it. That risk is not worth it.But, that's also why you shouldn't keep too much. High yield accounts, in today's environment, only return around 1%. If you want a year's worth of emergency fund, my opinion is that you keep 6 months in high yield account and the rest in the market. Just a personal opinion.If you can't get to 3-6 months, anything is better than nothing!If you don't have an emergency fund, it's imperative that you get one. Sell things from your house to make it happen. Make the sacrifice today and the investment in your future.Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

Now that you understand where your money is going, we want to take the next step and manage that money.We manage our money by budgeting for the next month on the calendar. If you're listening when this goes live, that is January.Looking at your past spending, you then need to make decisions, based on the categories you've created, on what you want to continue forward with.So how do we know if we're spending too much on a category? A well known guideline for spending is the 50/30/20 budget.You allocate 50% of your income toward living expenses and necessities, 30% toward wants, and 20% toward debt and savings.If we want to get more granular, here are a few more guidelinesHousing: 25-30%Food: 10-15%Insurance, such as life, medical, home or auto: 10-25%Transportation or auto services: 10-15%Savings: 15-20%Entertainment and leisure: 5-10%Health: 5-10%Clothing: 5%Personal expenses: 5-10%Once you've established your categories, it's about regularly reviewing them. Each month you'll set a new budget and should reflect on the prior month.At first, you will do really poorly. But over time you adjust and learn better what your spending is.Remember, we budget to know what we're spending and be intentional with it. NOT to control. This mindset shift will change the way you approach it.Good budgeting!Follow me on TwitterSubscribe to my email newsletterAdvertising Inquiries: https://redcircle.com/brands

This special episode was recorded on Twitter Spaces on 12/2/2021.Follow everyone on Twitter:@KurtisHanni@AdultingisEasy (Lauren)@MainStMoney (Alex)@roadtowealthpod (Justin)@IAmCoachClint (Clint)w/ guest @AccentInvesting (Kenny)Join us on Twitter Saturday, December 11th at 9:30am EST and Thursday, December 16th at 8:30pm EST.Advertising Inquiries: https://redcircle.com/brands

The average American spends $998 on gifts during this holiday season, which makes it one of the most expensive times of the year.Too much of this spending is done mindlessly, so here are 13 ways to spend less money this Christmas season.Advertising Inquiries: https://redcircle.com/brands

This special episode was recorded on Twitter Spaces on 11/18/2021.Follow everyone on Twitter:@KurtisHanni@AdultingisEasy (Lauren)@MainStMoney (Alex)@IAmCoachClint (Clint)w/ guest @AccentInvesting (Kenny)Join us on Twitter Saturday, December 11th at 9:30am EST and Thursday, December 16th at 8:30pm EST.Advertising Inquiries: https://redcircle.com/brands

To properly budget, you need to understand where your money is going. In this SHORTS episode, we discuss reviewing your transaction history and categorizing your spending into fixed, irregular, and discretionary expense categories.You Need A Budget (YNAB)Advertising Inquiries: https://redcircle.com/brands

Every year Americans take the last Thursday of November to celebrate the holiday of thanksgiving. To reflect on this time of year and what Thanksgiving means, I decided this episode would be a good time to talk about the history of Thanksgiving and the things we have to be thankful for in regards to our money.Advertising Inquiries: https://redcircle.com/brands