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2025 MONEY RESET: Your Fear Of Numbers Is Costing You $ · Two Broke Chicks

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  Speaker 1: This podcast is recorded on gaddigal Land Always was, always
• 0:03
  Speaker 1: will be Aboriginal Land.
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  Speaker 2: Hey chicks, and welcome to the first episode of the
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  Speaker 2: Financial Glow Up.
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  Speaker 3: Woogo did you swear price?
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  Speaker 1: Yes, we're back baby. We cannot be killed. Yeah. Yeah,
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  Speaker 1: We're just the fungus that keeps on growing.
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  Speaker 3: We knew that you chicks missed us, so welcome to.
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  Speaker 2: The Financial Glow Up The twenty twenty five Money Reset.
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  Speaker 2: So this is our new mini series where we are
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  Speaker 2: going to discuss the ways that you can reset and
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  Speaker 2: glow up your finances in twenty twenty five. These episodes
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  Speaker 2: are fifteen minutes max and super simple in order to
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  Speaker 2: digest and action them straight away for the new year.
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  Speaker 2: So in our first episode, we're tackling the fear of
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  Speaker 2: understanding your income versus expenses and figuring out where to
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  Speaker 2: even start when you're feeling completely overwhelmed and spoiler, it's
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  Speaker 2: not as bad as you think.
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  Speaker 1: We promise, think you promise, thinky promises. All right, sau
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  Speaker 1: do you want to take us away with the first.
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  Speaker 3: Tip Tip number one acknowledging your fear. So let's get
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  Speaker 3: into it. Talking about money and thinking about money can
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  Speaker 3: feel really intimidating, and for a lot of us, it's
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  Speaker 3: because we're scared of what we'll see. Ignorance is bliss,
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  Speaker 3: as we say, but it isn't really when it comes
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  Speaker 3: to your money. Maybe it's overspending on takeout guilt.
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  Speaker 1: Guilty guilty in there.
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  Speaker 3: Maybe it's the debt that you've been avoiding, or maybe
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  Speaker 3: it's just not knowing where to even start.
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  Speaker 1: What's your money guilty pleasure?
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  Speaker 3: Oh, it's definitely not a guilty pleasure, I would say
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  Speaker 3: the ongoing expenses. So things that come out in the
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  Speaker 3: background like this, obsess those hidden payments that you sign
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  Speaker 3: up to and you kind of set and forget them,
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  Speaker 3: and then when you sit down and take the time
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  Speaker 3: to review your finances, you see how much they add up.
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  Speaker 3: Because even at ten dollars or twelve dollars, you're like, oh,
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  Speaker 3: that's not much, but when you combine them all, it's
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  Speaker 3: a lot more than what you think. What's yours?
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  Speaker 2: My toxic money habit is sad girl spending whenever I'm like,
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  Speaker 2: you know what, I deserve this, or I'm sad I
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  Speaker 2: need something to make me happy, and then I spend
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  Speaker 2: money that I shouldn't be spending and then I'm sad.
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  Speaker 1: Because I spend money that I shouldn't.
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  Speaker 3: Be spending, emotional spending.
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  Speaker 1: We've all been there.
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  Speaker 2: But like, also, how rude is it for the money
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  Speaker 2: to come out of my account when I'm sad and
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  Speaker 2: I buy something?
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  Speaker 1: It shouldn't count that it should be free. Isn't that
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  Speaker 1: the rule? I'm pretty sure?
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  Speaker 2: Like I put a note on the order and I say,
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  Speaker 2: this is a sad girl spend. Don't take the money
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  Speaker 2: out of my account, and they do it every time.
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  Speaker 3: Yeah, but still give me the order.
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  Speaker 1: Yeah.
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  Speaker 3: Anyway, as we probably all know, avoiding your finances doesn't
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  Speaker 3: make the stress go away. It just lingers, like the
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  Speaker 3: text you forgot to respond to three weeks ago, which
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  Speaker 3: reminds me I've got a couple of texts I have
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  Speaker 3: to respond to. But once you rip the band aid
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  Speaker 3: off and you actually look at the numbers, you'll feel
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  Speaker 3: so much more in control. Because money is just information.
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  Speaker 3: It doesn't define you, but it can help you make
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  Speaker 3: better choices by knowing where to start.
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  Speaker 1: All right.
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  Speaker 2: Step number two is the income versus the expenses snapshots.
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  Speaker 2: So let's talk about where to start when you're overwhelmed.
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  Speaker 2: And I think this is the hardest step in the
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  Speaker 2: whole process.
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  Speaker 1: So let's go.
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  Speaker 2: No spreadsheets, no scary math, just quick and dirty income
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  Speaker 2: versus expenses snapshot.
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  Speaker 1: So here is the game plan.
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  Speaker 2: Number one, write down your income, pull out your notes
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  Speaker 2: app and grab a piece of paper and jot down
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  Speaker 2: all the money you've got coming in each month. Paychecks,
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  Speaker 2: side hustles, freelance gigs, and that twenty dollars your friend
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  Speaker 2: transferred to you for drinks on the weekend.
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  Speaker 1: If it's money in your pocket, it counts.
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  Speaker 2: List your fixed expenses, so these are non negotiable, so rent,
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  Speaker 2: car payments, insurance subscriptions you keep forgetting to cancel, anything
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  Speaker 2: that's the same amount every single month. Number three is
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  Speaker 2: to add your variable expenses. So now for the fun
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  Speaker 2: stuff like groceries, brunch with the girls, shopping, coffee runs,
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  Speaker 2: you name it. These can change month to months, so
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  Speaker 2: it's okay to estimate them when we're doing this. What
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  Speaker 2: I would always struggle with is I'm like, I don't
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  Speaker 2: know what those are, and sometimes it is just guessing them.
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  Speaker 1: You can just ballpark it and that's okay.
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  Speaker 2: It just gives you an estimate to work to and
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  Speaker 2: then the next month, if you're over or under it,
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  Speaker 2: you can just adjust it. So the last step in
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  Speaker 2: your income versus expenses is to subtract and breathe. So
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  Speaker 2: subtract your total expenses from your inc whatever the number is,
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  Speaker 2: don't freak out.
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  Speaker 1: This is the starting point and we do all have
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  Speaker 1: to start somewhere.
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  Speaker 3: Moving on to tip number three, make it manageable. Okay,
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  Speaker 3: so we've got our snapshot. Yay, congratulations, a good job's
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  Speaker 3: so proud of.
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  Speaker 1: You, Kisses and cuddles.
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  Speaker 3: But now what, Let's make it manageable and easy. If
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  Speaker 3: you're staring at the numbers and feeling like where do
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  Speaker 3: I even start, we've got you. Here's how to ease
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  Speaker 3: into it. Number one. Pick one thing to tweak. Look
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  Speaker 3: at your variable expenses and choose one thing to cut
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  Speaker 3: back on. Maybe it's fewer Uber eats orders, a budget
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  Speaker 3: for your target runs, or finally canceling that subscription you
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  Speaker 3: forgot about and never use. It's all about baby steps.
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  Speaker 3: Number two. Weekly money dates. Schedule a weekly money check
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  Speaker 3: in with yourself. Light a candle, put on some chill
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  Speaker 3: music and review you're spending.
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  Speaker 1: Have a glass of wine, and you can get all
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  Speaker 1: the mask go.
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  Speaker 3: They're creative with the numbers. You know, I'm like, I've.
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  Speaker 1: Made one million dollars.
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  Speaker 2: I put it two extra zeros, three extra zeros?
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  Speaker 3: Okay, fine, fine, extra zero and call it your money
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  Speaker 3: date because it makes the whole thing feel less scary
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  Speaker 3: and romanticizes the whole process. Number three, celebrate the wins.
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  Speaker 3: Did you stick to your grocery budget? Congratulations? Did you
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  Speaker 3: save twenty dollars by making coffee at home? Honestly iconic?
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  Speaker 3: Celebrate every little win because progress, not perfection, is the goal.
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  Speaker 2: I think that's the key when it comes to having
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  Speaker 2: a financial glow up. It's not about starting perfect because
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  Speaker 2: it's impossible, that's not going to happen. It is about
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  Speaker 2: just starting the process and staying with it and progressing
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  Speaker 2: along it because it's not going to just like win bam,
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  Speaker 2: thank you, ma'am in the first week you do it.
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  Speaker 3: So many of us put pressure on ourselves and compare
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  Speaker 3: ourselves to others, thinking, oh, I should have this much
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  Speaker 3: money saved, or I should have these assets, or I
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  Speaker 3: should have these money goals. And if you're starting from scratch,
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  Speaker 3: a lot of us don't celebrate those little wins along
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  Speaker 3: the way, but you should it's all steps, baby steps
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  Speaker 3: that will ladder up to your larger financial goals, and
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  Speaker 3: celebrating those things will encourage you to keep going and
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  Speaker 3: give you that motivation. So celebrate all the wins, big
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  Speaker 3: and small.
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  Speaker 1: But I feel like I can kick a door if
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  Speaker 1: it's hinging. Whoa Monday money money No anyway.
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  Speaker 2: Well, that is a wrap for episode one, but we
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  Speaker 2: will finish every single financial glow Up episode with our
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  Speaker 2: Master Money tip, presented by our sponsor MasterCard. So here's
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  Speaker 2: the Master Money mindset shift we want you to walk
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  Speaker 2: away with. Managing your money isn't about restriction, It's about freedom.
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  Speaker 2: When you understand your income and expenses, you're giving yourself
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  Speaker 2: the power to decide where your money goes. You're building
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  Speaker 2: a life that aligns with what you value, and that
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  Speaker 2: is the ultimate glow up.
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  Speaker 1: Next time you're.
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  Speaker 2: Tempted to avoid your finances or you don't want to
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  Speaker 2: open your banking app after a night.
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  Speaker 1: Out, think of it as self care.
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  Speaker 2: Just like you take care of your skin or your
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  Speaker 2: mental health, taking care of your money is an act
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  Speaker 2: of love for your future self.
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  Speaker 3: All right, besties, that's it for today's episode of the
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  Speaker 3: Financial Glove. The twenty twenty five Reset. If this episode
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  Speaker 3: gave you even the tiniest bit of motivation, do us
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  Speaker 3: a favor and share it with a friend who needs
• 8:38
  Speaker 3: a little financial pick me up. And don't forget to
• 8:41
  Speaker 3: hit that follow button so you never miss an episode.
• 8:44
  Speaker 3: Well that's a wrap for the first episode of The
• 8:47
  Speaker 3: Financial Glow Up.