Great Grandma's Roast | Series 8.2 - Enjoy More 30s: Family Finance

Episode 2

Great Grandma's Roast | Series 8.2

Published on: 23rd May, 2022

Just because it made sense then, doesn't mean it makes sense now! Re-evaluate!

  • So it's one thing to do something, and quite another to understand why you do it. (02:14)
  • And while some of these actions may have made sense at some point in time, or were taught to us to make sense in some situations, that doesn't mean they necessarily still make sense for us today. (02:24)
  • Regular evaluation is what makes us more intentional, what makes us more purposeful with our actions. (02:35)

Quote for the episode: "If we're regularly asking ourselves, 'will this make my life more or less enjoyable', then we can be more objective and intentional in deciding what actions we actually want to take." (02:58)

Securities offered through TFS Securities, Inc., and Advisory Services through TFS Advisory Services, an SEC Registered Investment Advisor Member FINRA/SIPC. TFS Securities, Inc., is located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.

Transcript
Voiceover Audio:

Welcome to the Enjoy More 30s Family Finance

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podcast. The only podcast dedicated to making life more

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enjoyable for young families by hitting on the financial topics

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that tend to weigh on us, stress us out, and distract our focus

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from simply enjoying life.

Joseph Okaly:

Hello, and welcome once again to the Enjoy More 30s

Joseph Okaly:

Family Finance podcast, and our series this time around The

Joseph Okaly:

Financial Parables of Your Life. Each week, if you remember, I'm

Joseph Okaly:

sharing what may likely be a somewhat altered version of a

Joseph Okaly:

story that you're already familiar with because your

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stories are easy to remember. This is how we pass down

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information from generation to generation. This is how we put

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our kids to bed, so why not use it to easily remember some

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really important financial tips and tricks and everything in

Joseph Okaly:

between? So as always, before I begin, please share and like,

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please leave reviews. I'd love to reach and help as many young

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families out there as I can that are just like you.

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So without any further ado, please join me today for our

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story Great Grandma's Roast. It was Thanksgiving and the house

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smelled wonderful. The little girl was up on her tiptoes

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peering over the counter at all the food with excitement. As her

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eyes came upon the roast. She asked her mother lightly, "Mama,

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why do you cut the ends off the roast before putting it into the

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oven?" The mother went to answer and then paused and thought for

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a moment. "You know, dear, I'm not entirely sure. That was the

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way my mother always taught me to do it. Why don't we ask her?"

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They went over to grandmother relaxing nearby and the little

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girl again asked, "Grandma, why do you cut the ends off the

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roast before putting it into the oven?" The grandmother paused,

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just like the mother, reflecting and replied, "I'm not sure my

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dear. That was how my mother always taught me to do it." Now

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luckily, the little girl's great grandmother was still alive and

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so the girl went over to where she was sitting. And once more

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posed the question, "Great Grandma, why do you cut the ends

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off the roast before putting it into the oven?" The great

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grandmother turned and replied, "Well, my dear, that was the

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only way I was able to fit it into my oven."

Joseph Okaly:

So it's one thing to do something, and quite another to

Joseph Okaly:

understand why you do it. We all have certain assumptions and

Joseph Okaly:

momentums that are built into our daily lives. And while some

Joseph Okaly:

of these actions may have made sense at some point in time, or

Joseph Okaly:

were taught to us to make sense in some situations, that doesn't

Joseph Okaly:

mean they necessarily still make sense for us today. Regular

Joseph Okaly:

evaluation is what makes us more intentional what you know makes

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us more purposeful with our actions. Should you just keep

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striving to rise, say the corporate ladder and make more

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money? What would more money specifically allow you to do

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that you can't already do now? What will you have to give up as

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a trade off? You know, how will it make your life more enjoyable

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overall? If we're regularly asking ourselves, "will this

Joseph Okaly:

make my life more or less enjoyable", then we can be more

Joseph Okaly:

objective and intentional in deciding what actions we

Joseph Okaly:

actually want to take.

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So thanks for tuning in today and join us for next week's

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story, The Ant and The Grasshopper...and The Other

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Grasshopper. I hope you enjoyed today's story. Please remember

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again to review and share for others and if you need any help,

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don't hesitate in reaching out. I probably have helped someone

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just like you. Until next week. Thanks for joining me today and

Joseph Okaly:

I look forward to connecting with you again soon.

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The conversations on this show are

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Joe's opinions and provided for general information purposes

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only. They do not constitute accounting, legal, tax, or other

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professional advice for your specific situation. You should

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always seek appropriate advice from a financial advisor,

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accountant, lawyer, or other professional before acting upon

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any content or information found here first. Joe is affiliated

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with New Horizons Wealth Management LLC, a branch office

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of TFS Securities Inc., and TFS Advisory Services an SEC

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Registered Investment Advisor, Member FINRA/SIPC.

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About the Podcast

Enjoy More 30s: Family Finance
Family Finance for Young Professionals.
Young families receive little to no personal finance help. We all grow up to have jobs and money, yet our education system focuses on Shakespeare and Algebra. Even professional advice can be hard to come by, with the majority of the industry chasing retirees and existing wealth.

Joe Okaly's podcast is aiming to change this, providing personal financial advice geared specifically to professionals with young families. This podcast is dedicated to making life more enjoyable for young families, by hitting on the financial topics that tend to weigh on us, stress us out, and distract our focus from simply enjoying life.

Joseph P Okaly is a CFP Certified Financial Advisor who fits directly in with who this podcast is focused on - a young professional with a family. With over a decade of experience as an advisor, there is passion and knowledge to make a difference.

Securities offered through TFS Securities, Inc., Advisory Services through TFS Advisory Services, a SEC Registered Investment Advisor Member FINRA / SIPC. TFS Securities, Inc. located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.