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Everyone's Talkin' Money

Money Lesson From a Monk Reboot | Doug Lynam

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6631 Ratings

🗓️ 16 October 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

As Doug Lynam, our podcast guest says in this special reboot episode, money is not the root of all evil, but we all need to be a little bit wealthy. That may seem like a controversial statement from someone who spent 20 years as a Monk, but as Doug talks about in this episode, there is a way to get in a healthy relationship with your money so you can live life on your terms. In fact, Doug ‘s money journey started way back when the monastery he worked for went bankrupt, which forced him to learn about money management – now that’s a story you don’t hear about every day! What You'll Learn How did Doug go from monk to money manager What life was like as a monk and how that relates to money What money lessons did Doug learn from his monastery going bankrupt Why we should all strive to be a little bit wealthy What advice Doug would give his 30-something self about life and money Links Doug's website From Monk to Money Manager book SUBSCRIBE & SHARE Want to be the first to know when new episodes are released? Click here to subscribe in iTunes! IT’S FREE! 👉 Sign up for my weekly LET’S TALK MONEY email newsletter. ASK SHANNAH Have an Ask Shannah question, submit it here GET SOCIAL ·     Shannah on Twitter ·     Shannah on Instagram See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Well, for me, it was really about realizing that money is not the root of all evil, right?

0:07.2

Money, it's a bit of a cliche, but money is the root of everything, good and evil.

0:12.7

And so my question that I'm trying to explore in from Monk to Money Manager is how do we make it work for the good?

0:20.3

How are you defying the good, right? It's

0:22.3

not up to me to tell you what your values are, but money is always going to be the tool that's

0:27.5

going to help you live your values more fully.

0:31.0

You're listening to Millennial Money with award-winning money expert and serial entrepreneur,

0:36.0

Shauna Compton Game, where we flip the script on the old

0:38.6

school approach to everything your parents never taught you about money. Each week,

0:43.1

Shauna creates a safe space by talking with special guests from around the world, about

0:47.1

money wellness, entrepreneurship, traveling like a boss, and what makes millennials tick.

0:52.1

Unique stories, trailblazing perspectives, tips, tricks, and

0:55.7

everything there is to know about money. Find it all here is you uncover your money story and

1:01.0

unlock the life you want to live. Pretty cool, right? Here's Shauna, money expert, Indiana Hoosier,

1:07.4

and Burger Aficionado.

1:19.4

Oh boy, I am excited for this episode. This was a super fun one for me, so I hope you enjoy it as well.

1:30.8

As Doug, our podcast guest says, money is not the root of all evil, but we all need to be a little bit wealthy. That may seem like a total controversial statement coming from someone who spent 20 years as a monk. But as Doug talks about

1:37.4

in this episode, there's a way to get in a healthy relationship with your money so you can

1:41.3

live life on your terms. And to me, that's what it's all about. That's what

1:46.6

learning about money is all about. It's not so you can live my life and I can live your life. It's so

1:52.8

you can live your life to the fullest. In fact, Doug's money journey started way back when the

2:00.1

monastery he worked for went bankrupt.

...

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