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b'Despite having a successful 11-year career as an executive partner in the banking industry, Chris Harder found that he was burned out and unfulfilled. So he massively switched gears by leaving banking and partnering with his wife, fitness and self-love expert Lori Harder. With Lori, he was able to develop and grow two multimillion dollar brands and finally achieve the satisfaction he\\u2019d been looking for. As well, he hosts the podcast For the Love of Money, helping people break through their financial anxieties and do real good with their wealth. Chris\\u2019 passionate generosity can be found in every one of his activities, be they professional or personal.
\\nIn this episode, Chris explains the difference between midwest and coastal financial values, the importance of giving publicly, and dishes out some tried and true debt reduction strategies.
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\\nShow Notes:
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\\nWhy does Chris think so highly of growing up in the midwest?
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\\nYou develop really good morals, values and work ethic, which are great traits to bring to major business centers on the coasts.
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\\nWhy was Chris okay with being booted out of college?
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\\nHe wanted to be out there in the working world, participating, and that he couldn\\u2019t do that in a lecture hall.
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\\nWhat beliefs about money were ingrained in Chris growing up?
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\\nTraditional midwestern work ethic, however he believes his environment lacked the support for big, independent dreamers.
\\nYou had to fit within a certain \\u201cbox.\\u201d
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\\nWhat is the most common money blockage that Chris helps people work through?
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\\nYour \\u201ctribe,\\u201d a.k.a. any very close community you\\u2019re part of; groupthink and shared ideals can hold back individuals with big ideas.
\\nHelpful to surround yourself with groups that encourage inventive, breakout thinking.
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\\nHow does Chris\\u2019 financial beliefs affect his goodwill actions?
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\\nIf you want to make a major impact on poverty, social ills, etc., you need to have the resources to do it.
\\nAmassing wealth enables him to affect the positive change he wants to see.
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\\nWhy does Chris think there\\u2019s so much same associated with being publicly generous, and how can we change that mindset?
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\\nOther people don\\u2019t like thinking about the limitations and contradictions affecting their own money mindsets, so they push back against the generous.
\\nThe only way to turn this tide is to give publicly to spawn a chain reaction of generosity.
\\nIf you only \\u201cgive in the dark,\\u201d you don\\u2019t inspire anybody. You need to develop your generous \\u201cmuscle\\u201d by giving regularly and in spite of criticism.
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\\nWhat is Chris\\u2019 advice for those struggling with debt?
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\\nThere is good debt (a well thought-out and necessary business loan) and bad debt (credit cards, clothes, ephemeral purchases).
\\nYou need to avoid the latter, \\u201cego-driven\\u201d debt.
\\nEven try to avoid \\u201cbig debt\\u201d as long as you can and bootstrap yourself until you\\u2019re confident in your business or service.
\\nKnow that there are no shortcuts around this. You need to cut out the purchases you do not need and first pay off the smallest debts you have, focusing on the largest debts later.
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\\nHow does Chris\\u2019 approach with wishful/magical thinking?
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\\nHe\\u2019s noticed most successful individuals not only have this kind of thinking but embrace it.
\\nFor those not inclined to it, stay open-minded about it because people more likely want to work with you and provide you with opportunities.
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\\nWhat\\u2019s the difference between a \\u201cgood\\u201d and \\u201cgreat\\u201d life?
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\\nLiving the good life is a constant reminder that there is something more for you out there.
\\nHowever, the gap between the two is close enough that you might trick yourself into thinking you\\u2019re better off without...'