What are the most difficult skills you can master to create more Benjamins? Among the top must be "communicating effectively." The term "rainmaker" exists because people who can bring in more connections, networks, and also business into an organization are generally among the highest paid employees. The most valuable people in any organization are those who can simply and effectively share thoughts that move the needle. But that's only at work. Communication is also a huge part of making and keeping friends, building a family, or negotiating with neighbors, contractors, or community members. In short, being a supercommunicator pays in every possible way. That's why Charles Duhigg (bestselling author of The Power of Habit) joins us again to discuss how YOU can communicate more effectively. He'll talk about the different types of conversations people have, techniques to improve your skill when talking with others, and how to find common ground more often so that you can all handle the tasks of the day. But before that, we share a headline about the insurance industry. Things are a-changin', as they say, and it turns out...insurance is pretty boring. But will it always be boring? And what does that have to do with your money anyway? We'll share details on what's happening in the insurance industry and why you might want to evaluate your coverages to decide if it's time to move to better risk management techniques. Of course, we answer a question from a Stacker who thought, "I'd better call Saul....Sehy and OG!" He wonders about dividend paying stocks, taxes, and more. Plus, we'll also crown this podcast with Doug's amazing trivia question, the next round of our 2024 Math Joke Off, and more! FULL SHOW NOTES: https://www.stackingbenjamins.com/charles-duhigg-1480 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201 Today's takeaways: 1) Check with your insurer to see that you're getting all the discounts possible AND check with other insurers to see if they're more competitive than your current offering. Talk to agents to ensure you have the right amount of coverage as well. 2) Ask, "What type of conversation are we having" before engaging too much in any discussion. Taking just a moment to do so can yield great opportunities. Learn to overshare so that others feel comfortable, and meet the person where THEY are, versus where you want them to be. 3) While dividends are great, a high dividend also means the chances for appreciation lower. If you're in a low tax bracket you may pay little (or no) tax on dividends...but a high dividend paying stock still may not be your friend. Also, if the dividend is really high, check to see if the company is organized as a partnership. If so, that may mean you'll have tax complications, including possible tax on dividends (even inside of an IRA), and additional reporting through a K-1 document...which often arrives very late in the tax season. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices