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The Gathering Room Podcast

Making Friends with Money

The Gathering Room Podcast

Martha Beck

Business, Entrepreneurship, Self-improvement, Courses, Education

5656 Ratings

🗓️ 30 January 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

Money is the single most emotional thing that human beings deal with on a regular basis. As we enter COVID December and much of the world is stressing about holiday gift costs and year-end taxes, Martha suggests we reconceptualize our relationships with money. She points out that committing to work on our emotional connection to money and cultivating an attitude of abundance and generosity can completely transform our financial circumstances. (Originally aired: Dec. 6, 2020)

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Transcript

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0:00.0

Welcome to the Gathering Pod, the audio version of my weekly gathering room broadcast.

0:07.3

I'm Martha Beck.

0:09.1

Today's topic, very apropos I feel for our first ever COVID December, is making friends

0:18.3

with money.

0:20.3

So as I talk about this, I know a lot of you

0:23.5

are gonna have reactions and I'm very interested

0:26.8

in people's experience of this particular issue.

0:30.5

So if you have a question, do formulate it

0:33.6

and put it through so that Roan Mangum,

0:35.5

the Distinguished Badger, can send it through to me during our Q&A part of the, well, it's more just a.

0:42.0

No, you get cues.

0:43.7

So, yes, I'd love to have some of those up and going if you want some personalized advice

0:48.2

on this extremely sticky topic.

0:51.4

Yeah, money of all the things in the universe is one of the most frightening and maddening

0:57.0

of things. They've actually shown when they do studies on chimpanzees and they take away things

1:05.8

that are directly good for them, like fruit or other forms of food, they take that away and they replace it with

1:13.6

tokens that they have to accumulate and then trade for food. And once they do that, this really

1:20.9

bizarre thing happens where the chimpanzees go mad over these tokens. They become warlike, They become querulous. Their friendships fail. They become

1:31.8

obsessed with these tokens. They can't get enough of them. So there's something about being one

1:36.5

step away from the thing you actually need and having money be the thing in the middle or a token

1:40.9

of some kind being thing in the middle that makes us crazy even at the very

1:45.6

apy level. So I've been coaching this my entire career. One of the biggest things is, oh my God,

...

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