Episode 1
Belling the Kitten | Series 8.1
It's one thing to say a task should be done but it's a different matter to actually do it!
- But in the midst of the rejoicing over the good fortune, an old mouse rose and said, "I will say that the plan of the young mouse is very good. But let me ask one question, who will bell the cat?" (02:59)
- "...if you actually go out with that bell, more times than not, it's not as hard or as scary as you may think." (04:13)
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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Transcript
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.