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Afford Anything | Make Smart Money Choices

The Japanese Art of Being a Zen Millionaire, with Ken Honda

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.73.6K Ratings

🗓️ 10 June 2019

⏱️ 60 minutes

🧾️ Download transcript

Summary

#198: Money flows. When you receive money, you’re in the path of this flow. Money flows from someone else to you, and eventually, it’ll flow from you to someone else, either in the form of a purchase or an investment. A healthy relationship with money is to feel gratitude when money flows towards you, and to release your money without attachment or resentment when it flows away from you. Today's guest, Ken Honda, is known as the “Zen Millionaire” of Japan. He’s sold more than seven million books in Japan about the intersection between wealth and happiness. In today’s podcast episode, we discuss four core principles for developing a healthy emotional relationship with money. For more information, visit the show notes at https://affordanything.com/episode198  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

You can afford anything but not everything.

0:10.4

Every decision that you make is a trade-off against something else and that doesn't just

0:13.0

apply to your money.

0:14.0

It applies to your time, focus, energy, attention.

0:16.3

It applies to anything in your life that's a scarce or limited resource.

0:19.8

And so the questions become twofold.

0:21.5

Number one, what matters most to you?

0:24.4

And number two, how do you line up your daily decisions accordingly?

0:29.7

How do you spend in a way that reflects your best self?

0:33.6

Answering these two questions is a lifetime practice and that is what this podcast is here

0:36.8

to explore.

0:37.8

My name is Paula Pan.

0:38.8

I'm the host of the Affordable Care Podcast and today, Japan's best-selling Zen Millionaire

0:45.0

joins us to talk about the Japanese art of making peace with your money.

0:50.0

Ken Honda has sold more than seven million books in Japan about the intersection between

0:57.2

wealth and happiness.

0:59.8

He retired at the age of 29 and then spent the rest of his life writing books.

1:05.6

Since 2001, his books have sold more than seven million copies and many people in Japan

1:11.0

refer to him as the Marie Kondo of finances.

1:14.8

In our upcoming interview, we talk about how to treat money as a guest, how to let it flow

1:20.0

into your life with gratitude and respect and how to let it go without resentment.

1:25.2

We talk about how to improve not only your money IQ but also your money EQ, the emotional

...

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