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HerMoney with Jean Chatzky

Ep 416: Get What You Want With Charles Duhigg

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Entrepreneurship, Business

4.81.3K Ratings

🗓️ 27 March 2024

⏱️ 54 minutes

🧾️ Download transcript

Summary

Think about the conversations you have every day. There are the ones you have with your friends over coffee to catch up on life, the ones you have with a family member while walking the dog, and countless others throughout your week. While it may not seem like it, every conversation (yes, even the mundane ones!) is a negotiation, and once we have the skills to know which type of conversation we’re in, we can use every single conversation to better connect with those around us. That’s what Charles Duhigg argues in his new book “Supercommunicators: How to Unlock the Secret Language of Connection.” He shares the difference between the three different types of conversation, and why knowing which one we’re engaged in can make all the difference. In Mailbag, a listener asks about the red flags to look out for when choosing a high-interest savings account, and we hear from a retiree who’s wondering if they’re paying too much for private insurance. In our news of the week, we talk about what the Federal Reserve meeting last week means for your money. Additionally, we explore Unilever's decision to sell Ben & Jerry's, and how some families are handling the rising costs of storing frozen embryos. Takeaways: Every conversation is a negotiation, and understanding the different types of conversations can help improve communication. Asking questions and using techniques like looping for understanding can enhance connection and understanding in conversations. Acknowledging and embracing differences, including gender, can lead to more effective communication. Investing in relationships and conversations is crucial for long-term happiness and success. Chapters 00:00 News You Can Use 05:04 Different Types of Conversations 08:16 Neural Entrainment and Connection 12:34 Asking Questions and Looping for Understanding 30:02 Vulnerability and Gender in Communication 35:58 The Importance of Relationships and Conversations 36:48 Mailbag Join us! Snag all the latest episodes, savvy budgeting tips, investing advice and even giveaways via the HerMoney Newsletter at Hermoney.com/subscribe! The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney. Please contact [email protected] if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an Airwave Media Podcast.

0:06.0

Are you on track for the retirement you want?

0:09.0

Now's the time to find out.

0:10.0

Schedule a free retirement review with an Edelman Financial Engine's wealth planner

0:15.2

and they'll also give you a financial plan made just for you. See if you're on track

0:20.1

to meet your goals and what opportunities you might be missing.

0:24.2

To get started, call 833 Plan EFE or visit Plan EFE.com, that's 833 Plan EFE or plan EFE.com. This offer expires April 12th, so don't miss out, schedule yours today.

0:40.0

So it's David's first week. Welcome David. Actually to kick things off David, maybe you can let us know your thoughts on the productivity portfolio flips around the spending dilip.

0:51.0

Okay, sorry? Give us your initial P. OV on... the Yeah, the uh... Does industry talk make zero sense to you?

1:03.7

Find collaborative articles with tips from the LinkedIn community to help you navigate those

1:07.6

awkward moments. Making work made sense, LinkedIn knows how.

1:18.0

Hey everybody, thanks for joining me today on her money. So we all know at least one person who can enter a room and strike up a conversation with just about anybody.

1:27.2

What is it they have that we don't?

1:29.8

The good news is not as much as you'd think.

1:33.5

Effective communication is a skill that can be learned.

1:37.4

In my conversation with Charles DuHigg, the best-selling author, who's got a great new book

1:42.3

out called Super Communicators, we're going to dig

1:45.9

into three types of conversation. And this is really important. How to identify which one you're engaged in when.

1:55.0

Plus, in mailbag, we're going to talk about how to choose the right high interest

1:59.7

savings account for you and how much is too much to be paying for private insurance.

2:05.0

So let's get into a few pieces of timely financial news this week.

2:10.0

First up, the Federal Reserve met last Wednesday and left interest rates steady at about

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