3128: How To Adopt Financial Habits That Stick by Mark Dennis with Financial Finesse on Money Freedom

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 2 May 2025

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3128: Mark Dennis shares practical strategies for building financial habits that actually last, emphasizing the importance of values-based goals, small wins, and systems over willpower. Learn how to align your money behavior with your long-term vision through habit science and simple, repeatable actions. Read along with the original article(s) here: https://www.financialfinesse.com/2018/03/16/how-to-adopt-financial-habits-that-stick/ Quotes to ponder: "One of the most important steps in adopting better financial habits is identifying a strong, personal motivation behind the behavior." "Motivation gets you started, but systems are what keep you going." "If the habit is too big or too drastic a change from your current behavior, it’s likely to fail." Episode references: BJ Fogg’s Behavior Model: https://www.behaviormodel.org/ Tiny Habits by BJ Fogg: https://www.amazon.com/Tiny-Habits-Changes-Everything/dp/0358003326 Betterment (automated investing): https://www.betterment.com/ You Need a Budget (YNAB): https://www.youneedabudget.com/ The Power of Habit: https://www.amazon.com/Power-Habit-What-Life-Business/dp/081298160X Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Hey, it's Justin from Optimal Living Daily. Before we start, I want to share a super powerful practice I use called
0:05.7	NSDR, or non-sleep, deep rest. In just about 10 minutes or so, this yoga nidra practice
0:11.6	leaves you feeling as refreshed as after a nap without actually sleeping. Experience it for yourself
0:18.5	on our guided podcast. Search NSDR and look for the one from Optimal Living Daily.
0:25.4	Have you ever noticed how a calm mind can really set the stage for a good night's sleep?
0:30.8	That's the idea behind our new podcast, Good Sleep. Greg, our host from Optimal Relationships Daily,
0:39.5	is here to help ease you into a peaceful night's rest with some positive affirmations. And these affirmations aren't just comforting.
0:45.6	They can help ease anxiety and nurture positive thoughts, setting you up for true good sleep.
0:52.2	So press play on good sleep tonight, because a good tomorrow starts with a good night good sleep. So press play on good sleep tonight because a good tomorrow starts with a good
0:57.2	night sleep. Just search for good sleep in your podcast app and be sure to pick the one from
1:03.1	Optimal Living Daily. This is Optimal Finance Daily. How to adopt financial habits Habits That Stick by Mark Dennis with Financialfinness.com.
1:16.1	If your goal is to become a better steward of your hard-earned money,
1:21.1	what does it take to improve your odds of succeeding once you decide to make some positive
1:26.4	financial changes?
1:29.9	It helps to make your goals as specific as possible. Since the acronym Smart was introduced in a management review article in
1:37.2	1981, many of us have become familiar with the notion of making our goals specific, measurable, assignable,
1:46.8	realistic, and time-related. For example, common personal finance goals might include
1:53.2	contributing a set percentage of pay to your retirement plan at work, paying off all credit
1:59.0	card debt within 24 months, and building emergency savings
2:03.0	equal to three months of take-home pay within five years. Behavioral change is tricky business.
2:11.8	Although smart is a handy and easily remembered acronym for developing and articulating goals, it doesn't do much to
2:20.2	actually keep us motivated to achieve them. Changing the way we think about and spend money
	...

Transcript will be available on the free plan in 28 days. Upgrade to see the full transcript now.

Previous episode

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.