David Wright: 0:00
In this episode of the Motor City Hypnotist podcast, we're talking about financial stress and anxiety. This is part two. We did part one on last episode. If you didn't listen to that one, jump back an episode, or you can listen to this one and jump back to that one after. It doesn't matter, you'll get all the information anyway. So we're talking about, again, financial stress and anxiety, how that affects you and some things that you can put into place. That's going to help you and, as usual, we're giving away a free hypnosis guide. We'll be right back.
Announcer: 0:29
folks, get ready for the Motor City hypnotist, david R Wright. Originating from the suburbs of Detroit, michigan, he has hypnotized thousands of people from all over the United States. David R Wright has been featured on news outlets all across the country and is the clinical director of an outpatient mental health and hypnosis clinic located just south of Detroit, where he helps people daily using the power of hypnosis. Welcome the Motor City Hypnotist, david R Wright.
David Wright: 1:18
What is going on, my friends? It is David Wright, the Motor City Hypnotist, and we're back with another episode of the Motor City Hypnotist podcast. Hello, david, hello Matt, that is Matt Fox, the other voice you hear. Hello, we're hanging out on a Monday night doing a podcast. Yes, we are Enjoying our gold medal drink from the vault on First and Wyandotte. Yeah, that is fantastic, fantastic podcast. If you like podcasts and you want some, look up. A man gave happy hour podcast.
David Wright: 1:49
We just had a guest in from the vault the vault on first and wind out brought their their hair version of the gold medal, which we are loving and enjoying here so their head bartender, josh was a was a lot of fun he was, he was a lot of fun, and we was, he was a lot of fun, and we'll have him back at some point, I'm sure. Yep.
Matt Fox: 2:05
Or maybe we'll head out there. Yeah, exactly, I was about to say that. Absolutely so yeah, so yeah, this is dangerously amazing.
David Wright: 2:13
It is.
Matt Fox: 2:20
I love this. I've been enjoying this on the weekends on my deck, I don't care what night of the week it is. Oh my goodness, it's so good yeah it's fantastic.
David Wright: 2:30
All right, folks, let me tell you where you can find me. My website is MotorCityHypnotistcom. Shout out to all you fair people If you're a fair director or fair committee person, you need a hypnotist for your fair, whether it's a week or three days or four days. I mean, I've done shoot, I've done fairs that were two weeks. So yeah, yeah, I've you know.
David Wright: 2:49
So I've done a lot of them so you can go to my website, motorcityhypnotistcom. You can get a quote within minutes and have that return right back to you sign a contract. You can get everything done in a day. So if you're looking for somebody, you're looking for a hypnotist for your fair this summer MotorCityHypnotistcom. Check that out. My social media links Facebook and YouTube are both Motor City Hypnotist, and Snapchat and Instagram are both Motor City Hypno. That is H-Y-P-N-O. Yes, it is, and, as usual, as we do every single episode we've done this is episode 270. My goodness, 270. We're giving away a free hypnosis guide. We've done it on every single show, from the very beginning Text the word hypnosis to 313-800-8510.
Matt Fox: 3:37
And every single of those hypnosis guides. They're all different. I'm kidding.
David Wright: 3:42
They're all personalized just for you. Well, yeah, text hypnosis to that number. It's going to add, it's going to say, on that message that you get when you text that, you're going to get a message within a minute or two and it'll say thanks for coming to my show. That could be a live show, that could be the podcast, either way, that's what it's referring to and that will also give you a link to leave a Google review. So if you can do that, that would be fantastic. That just helps me out as well. Perfect. Biggest thing is, wherever you're listening, whatever platform you're on iTunes, spotify, stitcher, whatever leave a review. That really helps us to get to more people and have more people listen to the show, which again, of course, is the whole idea. All righty, is it time? Here we go.
Announcer: 4:35
That's how winning is done.
Matt Fox: 4:37
I got to tell you, dave. Yeah, we took a small hiatus because of shows.
David Wright: 4:42
We did because of shows and my schedule.
Matt Fox: 4:45
We just picked up like we hadn't even missed a beat, so I'm really enjoying it. I'm enjoying it.
David Wright: 4:51
I'm glad you're here. Yeah, it's fantastic, love it. So our last winner of the week, last episode, check that out 38 dogs rescued. That's all I'm going to say. Go back and listen if you want to hear another story. No, going to say, go back and listen if you want to hear a story. No dogs went to heaven. No dogs died. It's fantastic story. So this year's story or this year's this?
Announcer: 5:14
this episode's story.
David Wright: 5:15
Would you like another old-fashioned? I might need one in a minute if I can't put that together. Um so a former news reporter recently organized a fundraiser so that a 90 year old air force veteran who had to work to pay his bills could retire welcome to walmart get your uh-huh, yeah, I, there's this old bit and I'm going way back.
David Wright: 5:37
Jay leno. I saw jay leno live like jay leno. Jay leno live back in the late, early 90s, maybe at Pine Knob, wow. And one of his bits was I always remember this, it made me laugh. He was funny. He's like hey, this is McDonald's with the Cradle to the Grave program. You got a 14-year-old and some 90-year-old and the 14-year-old's putting signs on the old man's back. Kick me.
Matt Fox: 6:05
I'm just reminiscent of the Jeff uh, jeff Dunham with Walter, you know his whole thing was welcome to Walmart. Get your shit, get out.
David Wright: 6:15
So uh again, form news reporter organized a fundraiser so a 90 year old air force veteran could retire, coming upon him pushing carts in the parking lot of a Louisiana grocery store.
Announcer: 6:26
They don't say what it is, Matt it could be Walmart, who knows, who knows?
David Wright: 6:30
The reporter shot a video that inspired over $200,000 in donations. That's amazing. Karen Swenson was a New Orleans news anchor and would have no doubt presented some amazing stories in her career, but was nevertheless stunned when she saw 90 year old dylan mccormick pushing carts in the metari store parking lot.
David Wright: 6:56
oh, my goodness m-a-t-a-i-r-i-e matari, sure, whatever. A former air force member who served in colorado and greenland mccormick, told swenson that he needed about 2500 to make ends meet, but got only half of that from his social security checks, which is why he took the job okay again, we're talking about financial stress in these episodes but he was in, but he was in the Air Force, he was in the Air Force, so there should have been a pension. Well, that's a good thing that he was only getting Social Security.
Matt Fox: 7:33
I don't know.
David Wright: 7:34
Okay, go on. Interviewing other shoppers in the parking lot, they told Swenson that he had been working there a long time and is always rounding up shopping carts. Two men said they sometimes stopped to help him, leaving Swenson moved and motivated to do something. He is a veteran of the United States military. It's Memorial Day. It's hot. Mr McCormick was born in 1933, making him a part of the silent generation. Please, america, let us be his voice. We can do this. She wrote in the introduction of a go fund me with a target of $35,000. Wow, in just 24 hours. $200,000 rolled in in a day, in 24 hours. Wow, through private donations. She eventually had to cut the donation button off after it passed $233,000. No longer will the 90-year-old veteran have to push shopping carts in triple-digit heat to put food on his table. Swenson wrote in an updated post to the GoFundMe page. Should he choose to remain working, it will be just that, his choice. Tomorrow we will begin the process of transferring the funds. What a delightful day awaits for him.
David Wright: 8:53
So, as you've already stated in previous episodes, yes, you know we always have questions after the absolutely every every winter of the week ends up with questions, which is why we have to have these people come on and we want right.
Matt Fox: 9:07
I want to understand, you know, a a. Was he career military? That's a question that I have. You know if, did they make a career out of it because there should have been a pension after the fact if there was a career right, or did they, you know, blow through that because 90 years old they could have already gone through that pen, you know, through whatever they had saved up in a thrift savings or whatever.
Matt Fox: 9:32
Right, there are many reasons why they're pushing shopping carts at the age of 90. Okay, so I don't know if they had a spouse that had to have some special care. I'm just I'm having these.
David Wright: 9:43
No, no, right, no, no, I understand totally and I'm going back through the article. And it doesn't say how long he served in the Air Force. I don't know.
Matt Fox: 9:51
So you know, being from a military family these are the ways.
Announcer: 9:54
Well, you know. Yes, that's why these questions are coming up.
Matt Fox: 9:57
There should be no reason why that person should be pushing carts at 90 years old, right, if they were a career military person.
David Wright: 10:04
Right.
Matt Fox: 10:05
Working for the government.
David Wright: 10:07
Well, even if you had a pension, I mean and I don't know if you know this, but in general a military pension, like it varies, I'm sure it does vary based on rank and what have you.
Matt Fox: 10:19
It always varies, right, but at 90 years old there's no reason you should be even pushing. I even talked to my own father these days, these days, my stepfather, I'm like why are you still working right? You know what? What? What is it? But the? The honest answer is they may not be able to do.
Matt Fox: 10:36
You know, they have to able to do, they want to do something right they don't want to just sit home all day and do nothing and that's going to actually hurt them in the longer run. Mentally right, you know. You know, financial stress aside, they want to be working.
David Wright: 10:51
They need something to do they need a they need an activity, they need a purpose, a purpose that that's even a better way to put it they need a purpose, and if that purpose is no longer there, they feel like they're no longer needed.
Matt Fox: 11:02
So I I get why they're pushing shopping carts, but at that age there's no reason for it.
David Wright: 11:07
Yeah yeah, I get it I'm kind of passionate about no, no, and and it's good that this reporter went out of her way and and reached out and said I love that. Go find me and that. That's all great, but thank you, yeah, I understand it. It's uh. Again, a lot of questions come up. I know not to take anything away from what the reporter did not, at no, not at all, Absolutely not Right.
Matt Fox: 11:28
Good for them to actually have the foresight to say this person should not be doing this. Right, let's help them yeah absolutely.
David Wright: 11:35
That's the good news part. So again to the veteran and the news reporter who helped. Definitely winners.
Announcer: 11:49
That's how winning is done.
Matt Fox: 11:50
This episode, brought to you by Matt's Trigger, yes it is.
David Wright: 11:55
So back to it Triggering me. So we're talking about financial stress.
Matt Fox: 12:01
Yeah.
David Wright: 12:02
You know this 90-year-old having to work at wherever pushing carts. But again, this is a common factor and it affects a lot of us, most of us, at some point everyone's been affected by financial stress, spans all ages, absolutely. So we covered part one again. If you haven't listened to part one, jump back or you can jump after this episode. But but right now we're going to talk about the cycle of financial stress and mental health. How does that? What leads to what thing? What comes first? Financial stress or poor mental health? That's the other good question. That's a really good question.
David Wright: 12:41
So it's kind of a vicious cycle that happens, which again, financial stress and poor mental health. They exacerbate one another. Each one makes the other one worse. So it's almost like the chicken and the egg argument what comes first? What happened first, god? So again, you know, when you hear oh, great Odin's raven I am listening to you no more, the chicken or the egg don't exist. Yeah, I guess. Um, so again, with with enhanced financial difficulties, you're going to experience heightened feelings of stress, anxiety and depression. We covered that in the last episode and it can lead to stress. But here's the problem. A mental strain can lead to what we call a stress spending environment where you're looking to get some comfort or some relief or some feel good thing, and by doing that you buy something you want. I'm stretching over here. I know so. So so those of you don't know Matt's background, matt's Matt's on finance. That's what he does for a living Financial education. Yes, absolutely so. So this is right in his wheelhouse. So I'm so triggered when, I say these things, you'll.
David Wright: 14:04
You know exactly what I'm saying. All right, when people get depressed, they spend. I'm going to take it a step further, yeah.
Matt Fox: 14:11
When people get stressed, they spend. But what are they stressed about? Are they stressed about money? Are they stressed about their health? Are they stressed about their marriage? Are they stressed about their kids? There are so many stress triggers to spending money.
David Wright: 14:26
Well, sure, Okay, but here's the thing whatever, whatever the thing is you're stressed about, if that forces you to spend money, you're putting you're.
Matt Fox: 14:34
you're already you're exacerbating your situation, you're you're exacerbating your situation, but you're, but you're also exacerbating who is making the money too, because you might be a person that may not be working, but your spouse does. Whose money? Because you might be a person that may not be working, but your spouse does. Whose money are you actually?
David Wright: 14:50
spending. Well, that's a whole nother.
Matt Fox: 14:53
My whole point.
David Wright: 14:54
That's a whole nother avenue. Let's say that you're in a single income household and I've seen this. I can talk to you from absolute experience when I have a couple sit down and the husband says she doesn't work, she's run every credit card we have to its max. Huh really yeah, tell me about that. That's just just what I hear. So, sitting on the other couch across from these two people, that's what I hear so what lifestyle do you think they should have so?
David Wright: 15:33
back to it, but that's the whole thing it's in and it compounds itself when you get into a relationship and you're not on the same page financially. And we'll get to that, yeah. But but the cycle of financial stress and poor mental health is is that it? It when you're not, when you're not thinking straight? And when I say that I don't say that in a critical way, I'm saying that as somebody who's suffering from anxiety or depression or ptsd or a malaise, just a general sense of malaise. Sometimes buying something makes you feel good for the moment, and it's supposed to For the.
Matt Fox: 16:10
Moment.
David Wright: 16:11
But that quickly wears off.
Matt Fox: 16:13
Because you get it. It doesn't work, you have to return it. Well, not even that, or you?
David Wright: 16:16
just set it aside. Or if you get it and it works fine, say you buy a new TV for $1,000. Yeah, it looks great. That picture's fantastic. A week later you don't care about that picture, you don't care about the TV, it's just there. It's just there. It's just another thing you've added to your debt.
Matt Fox: 16:35
That's all it is, and where's the TV go that you replaced?
David Wright: 16:40
Well see, that's a whole other thing. I mean, who knows In a spare room, who knows Basement? So here's the other thing that happens when you're under financial stress. It's what we call decision fatigue. Okay, it's hard to make a sound, rational decision when you're in that fatigue mode, when you're overwhelmed financially, when you're overwhelmed with depression. When you're overwhelmed financially, when you're overwhelmed with depression, when you're overwhelmed with anxiety, your decision-making is affected. You can't make sound decisions at that point Because you don't know what end is up?
David Wright: 17:19
Well that, and there's fear involved. There's fear like okay, I'm already in huge financial issues here, let's make it worse. What do I do? Okay, I don't want to think about that. So instead, I'm already in huge financial issues here, let's make it worse. What do I do? Okay, I don't want to think about that. So instead I'm going to go shopping, Because that's the surface satisfaction that you get. Sure, that's what happens. Mm-hmm, it's like, oh, I don't feel good. I'm going to go shopping and spend some money and buy some new shoes or a new I don't know, a new stereo, whatever. What are you from the 80s?
Matt Fox: 17:54
I know, that's what I was saying.
David Wright: 17:55
That's why I cut. That's why.
Matt Fox: 17:59
A new stereo they have a brain like a chicken?
David Wright: 18:05
Well, no, because in my mind I'm thinking back. Yeah, I bought a kick-ass stereo when I was 20, but it was not a good financial decision. But do?
Matt Fox: 18:17
you still have it.
David Wright: 18:18
No, all right, darn it. It's funny you say that Matt Sidebar, cleaning out my shelf in the basement where all my stuff is stored, came across an old oh, the Kendra lets you keep there. Yeah, yeah, she lets me keep there. Yeah, I came across this old um a receiver and preamp and amp, these Bose cube speakers that I spent like a thousand dollars on 25, 30 years ago. Right, they're just sitting in my basement on a shelf. You know what?
Matt Fox: 18:48
You should hook them up in your car. You could get the wiring. I know you could do it. You should put them in your car and have a kick-ass stereo in your vehicle.
David Wright: 18:58
It's funny you say that because you know how things kind of go in and out of style. Yeah, when I was growing up in the 80s you wanted to have a kick-ass car stereo system.
Announcer: 19:06
You wanted a thumper, you wanted something that would just blow people's heads off.
David Wright: 19:11
You don't see that? That's gone away nowadays. Yeah, it's all about the rims.
Matt Fox: 19:15
It's all about the rims and the lighting of the car now and the neon lights?
David Wright: 19:18
Yeah, yeah, right. So yeah, decision fatigue happens when your mental resources are overwhelmed and just it's really kind of a cognitive difficulty and what happens with that is that your brain's so messed up you start missing up other normal financial things. Groceries Paying the car payment Utilities, car payment, paying the house, payment, groceries yeah, it just kind of gets lost.
Matt Fox: 19:48
One of the things I talk about during a seminar is grocery shopping. Right, if you walk into the grocery store with a list, stick to that list, right. Avoid going down every single aisle yes, instead, walk around the outside of the aisles. Do you know why? Because that's where all the sales are. Yeah, all the sales.
David Wright: 20:11
On the, on the, on the cap, or what do they call them? The cap, the end caps, or whatever. Yeah, on the outside of the house, you stick to that.
Matt Fox: 20:19
That's where your sales are and that's what your you should be looking at the coupons that are out there, coupons, coupons.
David Wright: 20:26
yeah, you utilize the I mean coupons, mad, yeah I'm just, I just.
Matt Fox: 20:32
There's so many ways to keep yourself out of stressing about groceries. There are so many resources out there. When I say resources, I mean apps that are on your phone no, absolutely welcome back to the 21st century. There are so many things to help you save money that you have to take advantage of and really pay attention and then budget yourself to those meals. Create a meal plan. I don't care, but yeah, go on that whole fatigue. That's because you start making poor decisions to not be able to support the necessary things, yep.
David Wright: 21:03
The other issue that comes up the impact of financial stress in other areas. It extends beyond your finances. It ends up affecting your productivity, especially at work, because you're in this constant state of worry and preoccupation and you may call off a work because you're just feeling like shit and that that's the job performance gets affected and it but our generation.
Matt Fox: 21:32
We typically don't call in for that reason. Okay, I'm just gonna I'm just gonna throw our generation doesn't our our, our, our new generation, our gen xers. They have different needs and they think differently. So they might call off because I'm too stressed about.
David Wright: 21:51
And you're right about this, and I'm going to give a personal example, and my son is I know he's not listening because he's up- north with his grandparents. Okay, but okay. So he's 21 years old. He works at Amazon. Good for him. Every once in a while he would leave for work at like I don't know, 10 at night.
Matt Fox: 22:07
Okay.
David Wright: 22:08
Supposed to work till like 4 am or something.
Matt Fox: 22:11
Why are we leaving before our shift ends? I'm asking Leaving home.
David Wright: 22:17
Oh, leaving home, no no, Like he would leave home to work at 10 am.
Matt Fox: 22:21
Okay, okay, I thought, okay, my bad.
David Wright: 22:23
So let's say he left home at 9.30 to do the work at 10. At midnight he would just show up at home. I'm like dude, what happened? He's like ah, I just took the rest of the shift off, why? There's no answer? No, that's my point, but I'm looking at a difference as far as generations or age gap. He's like, ah, I, I shouldn't feel like working, so I just left early. But we're going to do an episode coming up on the 18, I'm going to say 16 to like 24-year-olds right now. There's an issue here. That's the Gen Yers. Is that the Gen Y? No, I think it's. What are they called? Do?
David Wright: 23:12
you know, Jamie Gen Xers. What is it? The blip, the blip. But there is and I'm saying this from experience from my own and other clients that I see there is this weird kind of I don't know what to call it this attitude or this kind of reaction that like, eh, I don't feel like working, I'm not going to work, I'm feeling bad today, I don't want to go in.
Matt Fox: 23:41
It's the expectations of the generations and what they expect when they do go to work. They're expecting technology. You know the younger generation they expect when they do go to work they're expecting technology. You know the younger generation. They're expecting the technology. They're expecting to right, have a relaxed environment, no stress.
David Wright: 23:53
They need a cry room, but but but here's the thing with work is that is work is work, you, you, there's gonna be stress because you can't fucking work if nobody's watching you. I made you break, you said, you said the f word. Did I say? Yes, you did, I didn't even know it I didn't, I broke you I broke you.
David Wright: 24:10
There we go f bomb, f bomb away, but but what I'm saying is that that, like it's, it's like that, there's no, there's no, there's no comprehension there it's, it's a very, it's a very different generation thought process, and I'm not criticizing it's.
Matt Fox: 24:24
It's a very, it's a very different generation thought process.
David Wright: 24:27
And I'm not criticizing. It's different, just like we were different from our parents, just like. Just like every generation has been different, and I know we sound like the old men down the block. No, our grandkids, keep up my grass.
Matt Fox: 24:39
Our grandparents were savers. They paid cash for everything. The boomers changed that a little bit when it became retirement and living a comfortable lifestyle. Our generation is we need to work hard so we can have a comfortable lifestyle in retirement. Our next generations are I'm going to work, but it's going to be on my terms and you're going to pay so I have a comfortable lifestyle.
David Wright: 25:06
But the problem is that's not sustainable. It's not. It's not sustainable over time. That's the problem that we're running into. Yeah, that is the problem, because you're right, you can't be in the workforce with that attitude and last for 50 years. It's not going to happen.
Matt Fox: 25:26
People our younger generations are switching jobs every couple of years because they think they're gaining more experience by switching jobs.
David Wright: 25:32
No, no, what they're looking for is somebody to to to. They want more money and they want somebody to be off their ass, because I got two years of experience over here, yeah, but the point is you, you can't have a job without having a supervisor monitoring what you do. There's the thing. And people don't like accountability in general, they don't like being held accountable. Well, that, that, that that's what I'm saying, because every single job has some sort of metrics involved to measure your performance.
Matt Fox: 26:02
And technology is changing and the job market is changing with the technology, but it's not catching up fast enough.
David Wright: 26:10
Right.
Matt Fox: 26:11
So, you know, be that as it may, the stress of finance, the financial stress that it's causing, and these younger folks that are coming up, it is really, really important that they be taught how to save.
David Wright: 26:25
But see, that's what's missing, though. That's not being taught. That's why I'm saying it has to be taught how to save. But see, that's what's missing, though. That's not being taught. That's why.
Matt Fox: 26:29
I'm saying it has to be taught, and it's not Our younger generation has to be taught. Our 20-somethings, this day, this day and age, our young 30-somethings, some of them get it, some of them absolutely get it. That's a minority, though it's a minority, a lot of them absolutely get it.
David Wright: 26:49
That's a minority. That's a minority. A lot of them don't Right, and that has to change. There's an interesting and I'm you know we're going to, we're going to do this next episode. There's a guy I follow on YouTube. He's called Healthy Gamer. I think it's Healthy Gamer GG. He's an Indian guy, he's a psychiatrist, he's a doctor, he's an Indian guy.
David Wright: 27:06
He's a psychiatrist, he's a doctor and he talks about this thing. There was a study done within the last couple of years about a quarter-life crisis, and when I say that, he's talking about the age range of, like, 18 to 24.
Matt Fox: 27:24
What is the average lifespan of a human being these days? 80. Quarter life is what 20.
David Wright: 27:33
Okay, yep Puts it right in that range. It does. And he talks about how, right now, in this world, with this generation, with these kids, it's that there are unrealistic expectations. Yeah, there are expectations that you're going to be given things or that things will be easy, or that things will work out. And it's kind of like these people have been told like, for example, I'll give you the example he gave me he's a doctor, he went to school. He was. Give you the example he gave me he's a doctor, he went to school. He was told by his parents you're going to be a doctor, you're going to be a doctor, you're going to be a doctor. When he went to school, he flunked out Because he didn't want to be a doctor. His mind wasn't in it. No, he didn't want to do that. So he spent three years, wanted to do after the fact, right After the fact, and, and he said he wasn't ready until he was about 25 to pursue that career.
Matt Fox: 28:34
That is absolutely fair, because at the age of 18, 19, you really have no idea what you want to do. Some kids do, some do my. My kid knew what she wanted to do at the age of five and she's doing it now. She's amazing. But most 18, 19 year olds, when they go to college, they have no idea what they're going to school for. They just feel it's the right thing to do.
David Wright: 28:55
I went to school only because that was what I was supposed to do. I didn't have something in my mind like oh, I'm going to school for this. I went in blind.
Matt Fox: 29:04
I had no idea. My parents told me I had to go to school. So here I am yep right exactly, and I have no idea what I'm doing yep but to get back to the topic, yeah, of financial stress, uh-huh, all of this is moving towards the ability to want to have the lifestyle that you want to live absolutely and if you live the lifestyle that you have instead of what you want.
David Wright: 29:28
Well, but see, there's the key difference we all have. I would love to be living in a three, four, five million dollar mansion with servants. I mean, who wouldn't want that? You don't need servants in a mansion. Ok, I do, because it's too big. I don't want to walk from one end to the other With a mop.
Matt Fox: 29:46
You don't want to walk from one end to the other with a mop. You don't want to mop a mansion. What's wrong with you?
David Wright: 29:53
on tuesday I'll get this this quadrant on thursday I'll get that quadrant yeah so yeah, so yeah it.
Matt Fox: 30:01
It's a total different perception and outlook but the financial stress of money it is. It's such a broad topic, David, that we need to break that down just a little bit more.
David Wright: 30:11
Well, in saying that, matt, because I know we're close here, we're going to come back and do a part three because there are more stuff I need to cover. One. The biggest thing is coping strategies for financial stress. That's when I really want to get people to listen to. Then that just make sure that we're. We're getting next episode. We're going to do financial stress part three, okay, and I'm going to cover coping strategies. I said we were going to digress and we have no, and that's okay, because here and here's the thing, and I knew this, I expected this. Because you're in finance, this is in your wheelhouse.
Matt Fox: 30:44
I'm in financial education, I know exactly what you're saying.
David Wright: 30:47
Yeah, and I agree with you on probably 99% of what you have to say, but don't you agree with me? See, I don't know? All right, yeah, I don't know your name, I don't know.
Matt Fox: 31:00
My name's not Matt. It's Matthew, cut it out.
David Wright: 31:03
Cut it out, Matt. Okay, Todd.
Matt Fox: 31:05
It's not Todd.
David Wright: 31:07
Great.
Matt Fox: 31:07
Odin's Raven.
David Wright: 31:08
Kyle.
Matt Fox: 31:09
Todd Kyle.
David Wright: 31:12
All right, so folks, we're going to come back and do a part three, because we have a lot. Honestly, I'm looking at my notes. I have three more pages to cover on this and it's important because this is one of the biggest challenges. Even my son, who's 21, he has a job, but but finance is like, it's not like even in his, his mindset. Like, like, like he's not aware of it and it's not intentional, it's just like, even though I've, I've, I've tried to bring him up with these concepts and with these ideas, it it doesn't, it's, it's just not sitting right now.
David Wright: 31:50
He'll get it and he will eventually, but but we all do eventually. We do, but you hope it happens sooner than later absolutely, because it would save you a ton of a ton of pain. And yes, and I can tell you, growing up, I and and again some self-declosure, self-disclosure, real quick. I grew up in a single-parent home. My parents were divorced when I was eight. My mom was a waitress. We had no money, zero, like nothing.
Matt Fox: 32:17
Same boat. Single parent, one income household, military mom raising two kids.
David Wright: 32:24
Yep, right there with you. And when I went to school, nobody in you. And when I went to school, I had no, nobody. Nobody in my family had ever went to school. I went to school and didn't know I had to buy books. When they told me that I'm like what the hell? How am I going to come up with six hundred dollars for books?
Matt Fox: 32:41
my mother got her master's in her 60. Her Okay it it takes.
David Wright: 32:47
I've told you this before Matt, my dad was, was a blue collar.
Matt Fox: 32:50
Yes, great Like.
David Wright: 32:51
Forever switched industries and went nursing in his mid fifties he went to nursing school, got his RN degree, got his RN certification and and did that until he passed away. Yeah, yeah. Yeah, it's just yeah, yeah, yeah. So it's there's. I wish I want to get every young person like under the age of 20 and say just please listen to me for an hour.
Matt Fox: 33:13
Please Under the age of 30.
David Wright: 33:16
If you can expand that to the age of 30.
Matt Fox: 33:18
Let's do that Right. Some some of them get it. Most of them don't.
David Wright: 33:22
No, most of them do not. Yeah, and Most of them do not. Yeah, and, and and I'm going back to this this this YouTuber I mentioned yes, he said that this quarter life crisis. He says kids have to go through this. If you don't go through it, you're not going to learn. Yeah, and unfortunately that's painful, but that's a fact. Yep, If you don't go through something, you're never going to learn.
Matt Fox: 33:43
Yep, there are so many different facets that I could talk about Absolutely. And I would love to next episode, yeah we'll do it.
David Wright: 33:51
Next episode, part three financial stress and anxiety. Love it All right folks.
Matt Fox: 33:59
Change your thinking.
David Wright: 34:00
Yep, I was just going to say join us next Monday at about eight o'clock or so. Give or take a few minutes. Today was eight 30. That's okay.
David Wright: 34:08
We had a podcast before this, which is all good but but yeah, around eight ish from eight to nine on Facebook live on my Facebook page motor city hypnotist. If you're on a, again a normal podcast platforms iTunes, spotify, stitcher just look for that to drop. Every Tuesday, thursday, hit the next button if you haven't already. Absolutely All righty folks. Change your thinking, change your life, laugh hard, run fast, be kind, I'll see you next time you.
