Not Your Average Financial Podcast™

Think different about your money, your economy and your future. Be curious. Be stable. Be sane.

Episode 46: Habit Shift

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_46.mp3

July 20, 2018 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_46.mp3

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In this episode, we ask:

  • Why do we do what we do?
  • Who writes financial “infotainment” articles?
  • Why aren’t finances commonly taught in school?
  • Who are the guides along your path who are looking out for you?
  • How do you take action with the information you learn?
  • How do you get unstuck?
  • How do you describe a habit?
  • Can you find a way to get it done?
  • Where is the motivation?
  • What do you do with frustration?
  • What do you do with anger?
  • Do you have courage to overcome the inertia?
  • Where does the majority of effort go into a habit shift?
  • How do you redirect?
  • How do you break through excuses?
  • Have you ever had a breaking point?
  • Do you wonder why someone else is doing better than you are?
  • What is the first thing you think when you get out of bed?
  • How do we make a habit shift?
  • Who is Dr. Sean Young?
  • Have you read his new book, Stick with It?
  • What does A.B.C. stand for?
    • Automatic – i.e. biting your nails, unconscious routines
    • Burning – i.e. addiction; irresistible urge; burning desire; nearly automatic
    • and Common – i.e. repeated, conscious behaviors
  • How do you identify the particular tool for changing that behavior?
  • What does the acronym S.C.I.E.N.C.E. stand for?
    • Step ladders – a way of little by little, moving forward, one step at a time. Set little goals, one by one.
    • *Community – Being around other people that you want to be like, social support, competition
    • Important – Whatever changes you’re going to accomplish will be able to last. Is it important to you?
    • *Easy – You have to make this easy. How can you make it so easy to do?
    • Neuro-hacks – Psychological tricks that help reset the brain by looking back at past behaviors. How might you set up a neurohack?
    • Captivating – People keep doing things if they’re rewarded with things they need.
    • *Engrain – This is the process that the brain uses to reward consistent change. How can you do this over and over again?
  • Who said “Don’t break the chain!” ?
  • If you can only implement a portion of this, what are the primary go-to tools from S.C.I.E.N.C.E.? Easy and Engrain.
  • What examples are there?
  • When you really need to change a common behavior, what’s the best strategy? Community.
    • How might you surround yourself with people who you would like to be with? How can you adopt some of those patterns yourself?
    • What books, conferences and podcasts can you take you to the next level?

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