I think you should live in the now. And the mental mind shift is hard. What I found is when there is

structure in front of us and clear directive, we are actually more likely to comply. And this goes back to the

great school days when the teacher said, you have to color within the lines that we start to comply.

So I find the best way to make

transition is to find a system, where everyone lands with you and live by the instruction set,

it is far easier than to dynamically adjust or to do it based on gut instinct.

Hey, everyone, welcome to Hermione. I'm Gene Chatsky. So one of the things I hear most from the women in our community, especially those approaching or in retirement, is this. I have saved and saved and saved and saved some more. And now I don't actually know how to spend. Strange question,

but I hear it all the time. And it's because after decades of being disciplined and cautious and

responsible, spending can feel uncomfortable. It can even feel scary. There is this lingering fear that one wrong decision could undo all of that hard work even when on paper things look solid.

Which is why I'm so excited about today's guest. Mike McCallowitz is the author of Profit First and several other best-selling books that have helped

people rethink how money actually moves through their lives. He is known for building simple,

practical systems that help people make confident decisions with their money. And in his new book,

The Money Habit, Mike applies that thinking to

personal finance. He offers up a clear framework for how much you can spend and save in every

season of life, whether you are recovering from a setback, finally ready to enjoy the money

you've worked so hard for, or trying to find the right balance between

today and tomorrow, Mike, welcome to her money.

Jean, it's such a joy to be here and with you. Thank you for having me.

Thank you so much. You opened this book with a pretty striking story. By the time you

were 35 years old, you had already bought and sold two

multi-million dollar companies. Now, on paper, that sounds like the ultimate in success, but then

you decided to become an angel investor, and by your own account, it was pretty much a disaster you lost everything you'd

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