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Frameworks & Finance

Frameworks & Finance

Kurtis Hanni

Each Wednesday, Kurtis talks about either a framework or financial concept. These could be personal or professional and will span a wide range of topics.

Once a month, Kurtis will host a guest to get another perspective.

Join us in this journey to improve our thinking in life and work.

Show notes and resources at kurtishanni.com/ff-podcast

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Top 10 Frameworks & Finance Episodes

Goodpods has curated a list of the 10 best Frameworks & Finance episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Frameworks & Finance for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Frameworks & Finance episode by adding your comments to the episode page.

Have you ever felt overwhelmed and as if you don't have enough time? Today we're going to look at the book "Essentialism" by Greg Mckeown and discuss how to have a systematic approach to determining our highest priorities. Today we'll focus on exploring as many options as possible and then have a strict filter for what sticks.

Links

Show Notes

Wirecutter.com

Essentialism book (affiliate)

Millionaire Next Door podcast episode

Up Next

Next week we'll dive deeper into the book "Essentialism" and discuss the principles of committing and creating a buffer and how it applies to your budget and investing decisions.


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Have you ever overcommitted or underestimated the time it would take to do something? In our second look at the book Essentialism, we discuss how elimination and creating a buffer will help your budget, investing, and overall personal financial life.

Links

Show Notes

Essentialism book (affiliate)

Tiny Habits podcast episode

The Psychology of Money book (affiliate)


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Frameworks & Finance - How to fail well (The Waterline Principle)
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07/06/22 • 16 min

Failure is seen as a bad word, but not all failure is bad. In this episode, I talk about what good failure looks like and introduce a few principles that will help you fail well.

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At some level, we all have an issue with broken soundtracks, the repeated messages running in our head, that then sabotage us from getting the results we want.

This week we're talking about Jon Acuff's book Soundtracks and how we can replace the broken money soundtracks we have with better ones.

Soundtracks by Jon Acuff (aff)

Last Week's Podcast - Think Again


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Frameworks & Finance - SHORTS: Budgeting Basics Part 2 - Setting Up The Budget
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12/15/21 • 4 min

Now that you understand where your money is going, we want to take the next step and manage that money.

We manage our money by budgeting for the next month on the calendar. If you're listening when this goes live, that is January.

Looking at your past spending, you then need to make decisions, based on the categories you've created, on what you want to continue forward with.

So how do we know if we're spending too much on a category? A well known guideline for spending is the 50/30/20 budget.

You allocate 50% of your income toward living expenses and necessities, 30% toward wants, and 20% toward debt and savings.

If we want to get more granular, here are a few more guidelines

  • Housing: 25-30%
  • Food: 10-15%
  • Insurance, such as life, medical, home or auto: 10-25%
  • Transportation or auto services: 10-15%
  • Savings: 15-20%
  • Entertainment and leisure: 5-10%
  • Health: 5-10%
  • Clothing: 5%
  • Personal expenses: 5-10%

Once you've established your categories, it's about regularly reviewing them. Each month you'll set a new budget and should reflect on the prior month.

At first, you will do really poorly. But over time you adjust and learn better what your spending is.

Remember, we budget to know what we're spending and be intentional with it. NOT to control. This mindset shift will change the way you approach it.

Good budgeting!

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Another one in the books!

2021 was a whirlwind year for me and my family, as I'm sure it was for you too. My wife got pregnant and we had our first child in November. I started this podcast, which brought social media back into my life. I had some big work projects that we completed and really took over my whole year.

There was a lot going on personally, but also a lot in the world.

COVID-19, supply chain issues, and inflation dominated the news cycles and our lives.

In this episode, I reflect on the lessons I learned from starting this podcast. I then relate these lessons back to your personal finances.

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To properly budget, you need to understand where your money is going. In this SHORTS episode, we discuss reviewing your transaction history and categorizing your spending into fixed, irregular, and discretionary expense categories.

You Need A Budget (YNAB)


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Have you ever felt overwhelmed with all the things you have to get done? Have you ever felt like you’re dropping the ball?

Often, these feelings are a result of open loops or unrecorded commitments.

In today's episode, we discuss how to create a system that helps you handle open loops and then use the weekly review to make better financial decisions.

Redeeming Your Time by Jordan Raynor (aff)

Getting Things Done by David Allen (aff)

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Achieving goals, especially long-term ones can be intimidating and hard. Today we’re going to talk about how to focus on what truly matters and how to better prioritize your commitments.

If we don’t clarify our essentials, we end up doing whatever comes to our attention in the moment.

In many cases, that means we do low-value tasks that pop up in our day and put off the truly important.

We let the noise and hum of the day around us distract us from the things we value.

The reality is, if we don’t spend time on the things we value, we need to evaluate: how much do we truly value them?

To get better at prioritization and setting goals, we need to start much higher than “goals”. We need to start with Values.

Mentioned in the episode:

Redeeming Your Time by Jordan Raynor (aff)

Personal values online assessment

Personal values card deck

BetterUp article: Creating a Personal Vision Statement

Delve into Money episode 27: Financial Goal Ideas

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Frameworks & Finance - 10 Financial Goal Ideas in 2022
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01/05/22 • 23 min

Don’t let 2022 be just every other year, where the goal never makes it out of January!

In 2020, only 38 percent of adults in the U.S. had specific financial goals, according to research from the Lincoln Financial Group.

Goals are extremely important. They help you break down intimidating things that you can’t accomplish immediately and create the steps for you to reach them.

In this episode, we'll break down how to set good goals, the SMART goal framework, and give you 10 suggests for financial goals you could set.

Links

Emergency fund episode

Money & Marriage ebook

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FAQ

How many episodes does Frameworks & Finance have?

Frameworks & Finance currently has 74 episodes available.

What topics does Frameworks & Finance cover?

The podcast is about Entrepreneurship, Podcasts, Business and Careers.

What is the most popular episode on Frameworks & Finance?

The episode title 'Discerning what's best and exploring investing options - Essentialism book Part 1' is the most popular.

What is the average episode length on Frameworks & Finance?

The average episode length on Frameworks & Finance is 28 minutes.

How often are episodes of Frameworks & Finance released?

Episodes of Frameworks & Finance are typically released every 7 days.

When was the first episode of Frameworks & Finance?

The first episode of Frameworks & Finance was released on Jun 11, 2021.

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