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Do You Regret Your Holiday Spending? · Becoming Financially Confident

• 0:37
  January
• 0:38
  holiday
• 0:38
  regret
• 0:39
  stinks,
• 0:39
  doesn't
• 0:40
  it?
• 0:40
  Just
• 0:41
  listen
• 0:41
  to
• 0:41
  these
• 0:41
  stats.
• 0:42
  36%
• 0:43
  of
• 0:44
  Americans
• 0:44
  took
• 0:44
  on
• 0:44
  holiday
• 0:45
  debt
• 0:45
  this
• 0:45
  season.
• 0:46
  The
• 0:46
  average,
• 0:47
  $1,181
• 0:49
  in
• 0:49
  new
• 0:49
  debt.
• 0:50
  And
• 0:50
  here's
• 0:50
  the
• 0:50
  problem.
• 0:51
  That's
• 0:51
  up
• 0:51
  from
• 0:51
  last
• 0:51
  year,
• 0:52
  which
• 0:52
  had
• 0:52
  a
• 0:52
  big
• 0:52
  number.
• 0:53
  Last
• 0:53
  year's
• 0:54
  was
• 0:54
  $1,028.
• 0:56
  And
• 0:56
  that
• 0:56
  tells
• 0:57
  us
• 0:57
  that
• 0:57
  holiday
• 0:57
  debt
• 0:58
  is
• 0:58
  still
• 0:58
  climbing.
• 0:59
  But
• 0:59
  here's
• 1:00
  the
• 1:00
  sad
• 1:00
  part.
• 1:01
  42%
• 1:02
  of
• 1:02
  those
• 1:02
  who
• 1:03
  borrowed
• 1:03
  said
• 1:03
  this.
• 1:03
  They
• 1:04
  said
• 1:04
  we
• 1:04
  regret
• 1:05
  spending
• 1:05
  as
• 1:05
  much
• 1:05
  as
• 1:06
  we
• 1:06
  did.
• 1:07
  And
• 1:08
  here's
• 1:08
  the
• 1:08
  bigger
• 1:08
  problem.
• 1:09
  Most
• 1:09
  won't
• 1:09
  pay
• 1:10
  it
• 1:10
  off
• 1:10
  quickly.
• 1:11
  37%
• 1:12
  say
• 1:12
  it'll
• 1:13
  take
• 1:13
  several
• 1:13
  months.
• 1:13
  7%
• 1:14
  said
• 1:15
  they
• 1:15
  expect
• 1:15
  it
• 1:15
  six
• 1:16
  months
• 1:16
  or
• 1:16
  more.
• 1:16
  And
• 1:17
  listen
• 1:17
  to
• 1:17
  this.
• 1:18
  Nearly
• 1:18
  half,
• 1:19
  46%
• 1:20
  of
• 1:21
  Americans
• 1:21
  are
• 1:22
  still
• 1:22
  paying
• 1:22
  off
• 1:22
  last
• 1:23
  year's
• 1:23
  holiday
• 1:23
  debt.
• 1:24
  Which
• 1:25
  leads
• 1:25
  me
• 1:25
  to
• 1:25
  today's
• 1:26
  question.
• 1:26
  Ralph,
• 1:27
  every
• 1:27
  January,
• 1:27
  I
• 1:28
  look
• 1:28
  back
• 1:28
  and
• 1:28
  wish
• 1:28
  I'd
• 1:29
  spent
• 1:29
  less
• 1:29
  and
• 1:30
  saved
• 1:30
  more
• 1:30
  during
• 1:31
  the
• 1:31
  holidays.
• 1:32
  How
• 1:32
  can
• 1:32
  I
• 1:32
  avoid
• 1:32
  regret
• 1:33
  this
• 1:33
  year?
• 1:34
  What
• 1:34
  a
• 1:34
  great
• 1:34
  question.
• 1:35
  See,
• 1:36
  the
• 1:36
  holiday
• 1:36
  should
• 1:37
  bring
• 1:37
  us
• 1:37
  joy.
• 1:37
  That's
• 1:37
  why
• 1:37
  I'm
• 1:38
  doing
• 1:38
  this
• 1:38
  whole
• 1:38
  series,
• 1:39
  how
• 1:39
  to
• 1:39
  have
• 1:40
  Joy
• 1:40
  without
• 1:40
  going
• 1:40
  Broke.
• 1:41
  But
• 1:41
  if
• 1:42
  we're
• 1:42
  not
• 1:42
  careful,
• 1:43
  January
• 1:43
  brings
• 1:44
  regret.
• 1:45
  So
• 1:45
  let's
• 1:45
  stop
• 1:45
  that
• 1:45
  cycle
• 1:46
  before
• 1:46
  it
• 1:46
  starts.
• 1:46
  That's
• 1:47
  exactly
• 1:47
  what
• 1:47
  I'm
• 1:47
  covering
• 1:48
  on
• 1:48
  today's
• 1:48
  show.
• 1:50
  This
• 1:50
  is
• 1:50
  Financially
• 1:51
  Confident
• 1:51
  Christian,
• 1:52
  your
• 1:52
  daily
• 1:52
  dose
• 1:53
  of
• 1:53
  gospel,
• 1:53
  grounded
• 1:54
  insight
• 1:54
  and
• 1:54
  faith
• 1:55
  driven
• 1:55
  tips
• 1:56
  to
• 1:56
  help
• 1:56
  you
• 1:56
  break
• 1:56
  the
• 1:57
  cycle
• 1:57
  of
• 1:57
  financial
• 1:58
  shame
• 1:58
  with
• 1:58
  confidence.
• 2:01
  Hello
• 2:02
  there.
• 2:02
  Welcome
• 2:02
  to
• 2:02
  the
• 2:02
  show.
• 2:03
  I'm
• 2:03
  Ralph.
• 2:04
  I'm
• 2:04
  helping
• 2:04
  you
• 2:05
  break
• 2:05
  that
• 2:05
  cycle
• 2:05
  of
• 2:06
  financial
• 2:06
  shame
• 2:06
  with
• 2:06
  covenants.
• 2:07
  Today
• 2:07
  we're
• 2:07
  going
• 2:07
  to
• 2:07
  break
• 2:07
  that
• 2:08
  cycle
• 2:08
  of
• 2:09
  rolling
• 2:09
  into
• 2:09
  January
• 2:10
  and
• 2:10
  having
• 2:11
  that
• 2:11
  holiday
• 2:11
  debt.
• 2:12
  And
• 2:12
  listen,
• 2:13
  I've
• 2:13
  spent
• 2:13
  decades
• 2:14
  in
• 2:14
  the
• 2:14
  trenches
• 2:14
  with
• 2:14
  accounting
• 2:15
  folks
• 2:15
  and
• 2:15
  coaching
• 2:16
  people.
• 2:16
  And
• 2:16
  I've
• 2:17
  seen
• 2:17
  several
• 2:18
  hundreds
• 2:18
  of
• 2:18
  my
• 2:18
  clients
• 2:19
  start
• 2:19
  the
• 2:20
  new
• 2:20
  year
• 2:20
  with
• 2:20
  what
• 2:20
  we'll
• 2:20
  call
• 2:20
  the
• 2:21
  holiday
• 2:21
  debt
• 2:21
  hangovers.
• 2:23
  Nobody
• 2:24
  likes
• 2:24
  a
• 2:24
  hangover.
• 2:25
  I
• 2:25
  remember
• 2:25
  when
• 2:25
  I
• 2:25
  was
• 2:25
  younger,
• 2:26
  I
• 2:26
  used
• 2:26
  to
• 2:26
  drink.
• 2:26
  Well,
• 2:26
  I
• 2:26
  don't
• 2:27
  drink
• 2:27
  at
• 2:27
  all
• 2:27
  right
• 2:27
  now
• 2:27
  because
• 2:28
  I
• 2:28
  felt
• 2:28
  like
• 2:28
  I
• 2:28
  had
• 2:28
  a
• 2:28
  problem.
• 2:29
  But
• 2:30
  you
• 2:30
  feel
• 2:30
  that
• 2:30
  hangover,
• 2:31
  man,
• 2:31
  it
• 2:31
  just
• 2:31
  lasts
• 2:32
  on
• 2:32
  you
• 2:32
  and
• 2:32
  it
• 2:32
  lingers.
• 2:33
  And
• 2:33
  I've
• 2:34
  had
• 2:34
  that
• 2:34
  same
• 2:35
  holiday
• 2:35
  debt
• 2:36
  hangover
• 2:36
  in
• 2:37
  January.
• 2:38
  And
• 2:38
  you
• 2:38
  get
• 2:38
  off
• 2:38
  the
• 2:39
  holidays,
• 2:39
  you're
• 2:39
  coming
• 2:39
  from
• 2:40
  that
• 2:40
  high.
• 2:40
  Fun
• 2:41
  with
• 2:41
  family,
• 2:41
  fun
• 2:42
  with
• 2:42
  friends.
• 2:42
  And
• 2:42
  then,
• 2:43
  wow,
• 2:43
  those
• 2:43
  credit
• 2:43
  card
• 2:44
  statements
• 2:44
  come
• 2:44
  in.
• 2:45
  It
• 2:45
  just
• 2:45
  completely
• 2:46
  breaks
• 2:46
  your
• 2:46
  joy,
• 2:47
  it
• 2:47
  breaks
• 2:47
  your
• 2:47
  peace
• 2:48
  because
• 2:49
  I
• 2:49
  think
• 2:49
  you're
• 2:49
  just
• 2:49
  trying
• 2:50
  to
• 2:50
  chase
• 2:50
  that
• 2:50
  December
• 2:51
  perfection.
• 2:51
  Let
• 2:51
  me
• 2:52
  tell
• 2:52
  you
• 2:52
  about
• 2:52
  a
• 2:52
  friend
• 2:52
  of
• 2:52
  mine
• 2:52
  named
• 2:53
  Jake.
• 2:54
  Jake
• 2:54
  and
• 2:54
  I
• 2:54
  have
• 2:54
  known
• 2:55
  each
• 2:55
  other
• 2:55
  since
• 2:55
  we
• 2:55
  were
• 2:56
  in
• 2:56
  high
• 2:56
  school
• 2:56
  together.
• 2:57
  And
• 2:57
  Jake
• 2:58
  shared
• 2:58
  with
• 2:58
  something
• 2:58
  me
• 2:59
  On
• 2:59
  Facebook
• 2:59
  a
• 2:59
  couple
• 3:00
  weeks
• 3:00
  ago,
• 3:00
  he
• 3:00
  said,
• 3:00
  ralph,
• 3:00
  I
• 3:01
  gotta
• 3:01
  break
• 3:01
  this
• 3:01
  cycle
• 3:01
  this
• 3:02
  year.
• 3:02
  He
• 3:02
  said,
• 3:02
  every
• 3:03
  January,
• 3:04
  man,
• 3:04
  I
• 3:04
  get
• 3:05
  into
• 3:05
  a
• 3:05
  slump,
• 3:06
  I
• 3:06
  get
• 3:06
  into
• 3:06
  a
• 3:06
  depression.
• 3:07
  He
• 3:07
  said,
• 3:07
  because
• 3:08
  every
• 3:08
  January,
• 3:08
  those
• 3:09
  credit
• 3:09
  card
• 3:09
  balances
• 3:10
  are
• 3:10
  off.
• 3:10
  I
• 3:10
  get
• 3:10
  the
• 3:10
  statements.
• 3:11
  I'm
• 3:11
  like,
• 3:11
  what
• 3:11
  am
• 3:11
  I
• 3:11
  gonna
• 3:11
  do?
• 3:12
  And
• 3:12
  he
• 3:13
  says,
• 3:13
  ralph,
• 3:13
  what's
• 3:13
  your
• 3:13
  idea?
• 3:14
  I
• 3:14
  said,
• 3:14
  here,
• 3:14
  I
• 3:14
  got
• 3:14
  an
• 3:14
  idea
• 3:15
  for
• 3:15
  you,
• 3:15
  Jake.
• 3:16
  Write
• 3:16
  yourself
• 3:17
  a
• 3:17
  note.
• 3:17
  He's
• 3:18
  like,
• 3:18
  what
• 3:18
  are
• 3:18
  you
• 3:18
  talking
• 3:18
  about,
• 3:18
  Ralph?
• 3:19
  We're
• 3:19
  pretty
• 3:19
  transparent
• 3:20
  with
• 3:20
  each
• 3:20
  other.
• 3:21
  And
• 3:21
  I
• 3:21
  said,
• 3:21
  here's
• 3:21
  what
• 3:22
  I
• 3:22
  want
• 3:22
  you
• 3:22
  to
• 3:22
  do.
• 3:22
  I
• 3:22
  just
• 3:22
  want
• 3:22
  you
• 3:23
  to
• 3:23
  write
• 3:23
  a
• 3:23
  note
• 3:23
  for
• 3:23
  yourself,
• 3:25
  get
• 3:25
  a
• 3:25
  piece
• 3:25
  of
• 3:25
  paper.
• 3:25
  Because
• 3:26
  now
• 3:26
  we're
• 3:26
  in
• 3:26
  November
• 3:27
  as
• 3:27
  I'm
• 3:27
  recording
• 3:27
  this,
• 3:28
  and
• 3:29
  I
• 3:29
  want
• 3:29
  you
• 3:29
  to
• 3:29
  write
• 3:29
  this
• 3:29
  on
• 3:29
  a
• 3:30
  piece
• 3:30
  of
• 3:30
  paper.
• 3:30
  Don't
• 3:30
  trade
• 3:31
  January
• 3:31
  piece
• 3:32
  for
• 3:32
  December
• 3:32
  pressure.
• 3:34
  And
• 3:34
  he
• 3:34
  says,
• 3:35
  okay,
• 3:35
  Ralph,
• 3:35
  I'm
• 3:35
  going
• 3:35
  to
• 3:35
  try
• 3:36
  that.
• 3:37
  So
• 3:37
  I'm
• 3:37
  going
• 3:37
  to
• 3:37
  encourage
• 3:37
  you
• 3:38
  today
• 3:38
  in
• 3:38
  our
• 3:38
  action,
• 3:38
  I'm
• 3:38
  going
• 3:38
  to
• 3:39
  tell
• 3:39
  you
• 3:39
  to
• 3:39
  do
• 3:39
  something
• 3:39
  just
• 3:39
  like.
• 3:40
  But
• 3:40
  let's
• 3:40
  get
• 3:40
  to
• 3:40
  a
• 3:41
  quote.
• 3:41
  Today
• 3:41
  we
• 3:41
  got
• 3:41
  this
• 3:42
  quote
• 3:42
  from
• 3:42
  financial
• 3:43
  expert
• 3:43
  Susie
• 3:44
  Ormond,
• 3:45
  and
• 3:45
  she
• 3:45
  just
• 3:46
  nails
• 3:46
  it.
• 3:46
  She
• 3:46
  said,
• 3:46
  you
• 3:47
  can't
• 3:47
  enjoy
• 3:47
  the
• 3:47
  holidays
• 3:48
  if
• 3:48
  January
• 3:49
  feels
• 3:49
  like
• 3:49
  punishment.
• 3:51
  If
• 3:51
  you're
• 3:51
  looking
• 3:51
  at
• 3:52
  January
• 3:52
  like
• 3:52
  I'm
• 3:52
  going
• 3:52
  to
• 3:53
  prison
• 3:53
  in
• 3:53
  January,
• 3:54
  or
• 3:54
  you're
• 3:54
  going
• 3:55
  to
• 3:55
  be
• 3:55
  feeling
• 3:55
  this
• 3:55
  deep
• 3:56
  depression.
• 3:57
  So
• 3:57
  let's
• 3:57
  get
• 3:57
  back
• 3:58
  to
• 3:58
  our
• 3:58
  question
• 3:58
  today.
• 3:59
  How
• 3:59
  can
• 3:59
  we
• 3:59
  avoid
• 4:00
  this
• 4:00
  regret
• 4:00
  this
• 4:01
  year?
• 4:01
  How
• 4:01
  can
• 4:01
  we
• 4:01
  finally
• 4:02
  break
• 4:02
  that
• 4:02
  cycle?
• 4:03
  I've
• 4:03
  got
• 4:03
  five
• 4:04
  ways
• 4:04
  that
• 4:05
  I
• 4:05
  can
• 4:05
  tell
• 4:05
  you
• 4:05
  to
• 4:05
  avoid
• 4:06
  that
• 4:06
  January
• 4:06
  regret.
• 4:07
  First
• 4:07
  one
• 4:07
  is
• 4:08
  this.
• 4:08
  This
• 4:08
  is
• 4:08
  what
• 4:08
  I
• 4:09
  work
• 4:09
  with,
• 4:09
  Jake.
• 4:10
  We
• 4:10
  got
• 4:10
  to
• 4:10
  visualize
• 4:11
  a
• 4:11
  little
• 4:11
  bit.
• 4:11
  Little
• 4:11
  visualization
• 4:12
  exercise
• 4:13
  right
• 4:13
  now.
• 4:15
  So
• 4:15
  imagine
• 4:15
  this.
• 4:16
  You
• 4:16
  wake
• 4:16
  up
• 4:17
  on
• 4:17
  the
• 4:17
  10th
• 4:17
  of
• 4:17
  January
• 4:18
  and
• 4:19
  imagine
• 4:19
  checking
• 4:19
  your
• 4:20
  bank
• 4:20
  statement
• 4:21
  and
• 4:22
  you've
• 4:22
  got
• 4:22
  money
• 4:22
  in
• 4:22
  your
• 4:22
  account,
• 4:23
  or
• 4:23
  checking
• 4:23
  that
• 4:23
  credit
• 4:24
  card
• 4:24
  statement
• 4:24
  and
• 4:24
  your
• 4:25
  balance
• 4:25
  hasn't
• 4:25
  grown.
• 4:27
  How
• 4:27
  does
• 4:27
  that
• 4:27
  make
• 4:28
  you
• 4:28
  feel?
• 4:29
  What's
• 4:30
  the
• 4:30
  feeling
• 4:30
  of
• 4:30
  it?
• 4:31
  Do
• 4:31
  you
• 4:31
  feel
• 4:32
  happy?
• 4:32
  Do
• 4:32
  you
• 4:32
  feel
• 4:33
  joy?
• 4:33
  That
• 4:33
  joy
• 4:34
  of
• 4:34
  the
• 4:34
  holidays
• 4:34
  continuing
• 4:35
  on?
• 4:37
  Or
• 4:37
  maybe
• 4:37
  you
• 4:37
  visualize
• 4:38
  January
• 4:38
  and
• 4:39
  you
• 4:39
  look
• 4:39
  at
• 4:39
  your
• 4:39
  bank
• 4:40
  statement
• 4:40
  and,
• 4:40
  man,
• 4:40
  you
• 4:41
  spent
• 4:41
  way
• 4:41
  more
• 4:41
  than
• 4:42
  you
• 4:42
  thought.
• 4:43
  And
• 4:43
  you
• 4:43
  get
• 4:44
  that
• 4:44
  credit
• 4:44
  card
• 4:44
  statement
• 4:45
  and
• 4:45
  you're
• 4:45
  like,
• 4:45
  man,
• 4:45
  another
• 4:46
  year.
• 4:47
  I'm
• 4:47
  still
• 4:47
  paying
• 4:47
  off
• 4:48
  last
• 4:48
  year's
• 4:48
  debt.
• 4:50
  Well,
• 4:50
  let
• 4:50
  that
• 4:50
  vision
• 4:51
  guide
• 4:52
  your
• 4:52
  decisions
• 4:52
  now,
• 4:53
  because,
• 4:53
  see,
• 4:53
  it's
• 4:53
  all
• 4:53
  about
• 4:54
  planning
• 4:54
  and
• 4:55
  preparing,
• 4:56
  not
• 4:56
  reacting.
• 4:57
  So
• 4:57
  that's
• 4:58
  the
• 4:58
  first
• 4:58
  thing.
• 4:58
  Do
• 4:59
  a
• 4:59
  visualization
• 4:59
  exercise.
• 5:00
  What
• 5:00
  do
• 5:00
  you
• 5:00
  want
• 5:00
  January
• 5:01
  to
• 5:01
  feel
• 5:01
  like?
• 5:01
  What
• 5:02
  do
• 5:02
  you
• 5:02
  want
• 5:02
  it
• 5:02
  to
• 5:02
  be?
• 5:03
  Second
• 5:03
  thing,
• 5:03
  I'm
• 5:04
  going
• 5:04
  to
• 5:04
  recommend
• 5:04
  that
• 5:04
  you
• 5:04
  identify
• 5:05
  what
• 5:06
  I'll
• 5:06
  call
• 5:06
  your
• 5:06
  regret
• 5:07
  zones.
• 5:08
  Real
• 5:08
  simple
• 5:09
  thing
• 5:09
  here.
• 5:09
  What
• 5:10
  are
• 5:10
  those
• 5:10
  things
• 5:10
  that
• 5:10
  are
• 5:11
  causing
• 5:11
  that
• 5:11
  regret?
• 5:11
  Is
• 5:12
  it
• 5:12
  gifts?
• 5:12
  Did
• 5:13
  you
• 5:13
  buy
• 5:13
  too
• 5:13
  much?
• 5:14
  Did
• 5:14
  you
• 5:14
  not
• 5:14
  set
• 5:14
  that
• 5:14
  budget?
• 5:15
  We've
• 5:15
  talked
• 5:15
  about
• 5:15
  that
• 5:15
  the
• 5:15
  last
• 5:16
  few
• 5:16
  days.
• 5:17
  Set
• 5:17
  that
• 5:17
  budget
• 5:18
  per
• 5:18
  person.
• 5:18
  Set
• 5:18
  that
• 5:18
  budget
• 5:19
  like
• 5:19
  we
• 5:19
  talked
• 5:19
  about
• 5:19
  yesterday
• 5:20
  for
• 5:20
  office
• 5:20
  parties.
• 5:21
  And
• 5:22
  remember,
• 5:22
  it's
• 5:22
  not
• 5:22
  about
• 5:22
  what
• 5:23
  you
• 5:23
  give,
• 5:23
  it's
• 5:23
  how
• 5:23
  much
• 5:23
  you
• 5:24
  care.
• 5:24
  But
• 5:25
  is
• 5:25
  that
• 5:25
  a
• 5:25
  regret
• 5:25
  zone?
• 5:26
  Maybe
• 5:26
  it's
• 5:26
  for
• 5:26
  you,
• 5:26
  it's
• 5:27
  travel.
• 5:27
  You
• 5:27
  spent
• 5:28
  too
• 5:28
  much
• 5:28
  doing
• 5:28
  travel.
• 5:29
  Set
• 5:29
  that
• 5:30
  budget
• 5:30
  ahead
• 5:30
  of
• 5:30
  time.
• 5:31
  You
• 5:32
  know,
• 5:32
  you
• 5:32
  might
• 5:32
  have
• 5:32
  to
• 5:32
  say
• 5:32
  no
• 5:33
  to
• 5:33
  some
• 5:33
  people
• 5:33
  this
• 5:33
  year.
• 5:34
  I
• 5:34
  know
• 5:34
  it's
• 5:34
  not
• 5:34
  an
• 5:35
  easy
• 5:35
  thing
• 5:35
  to
• 5:35
  do,
• 5:35
  but
• 5:35
  you
• 5:35
  might
• 5:36
  just
• 5:36
  say,
• 5:36
  listen,
• 5:37
  the
• 5:37
  economy's
• 5:37
  not
• 5:37
  great
• 5:37
  right
• 5:38
  now.
• 5:38
  We're
• 5:38
  struggling
• 5:39
  financially.
• 5:39
  We're
• 5:40
  not
• 5:40
  going
• 5:40
  to
• 5:40
  be
• 5:40
  able
• 5:40
  to
• 5:40
  do
• 5:40
  the
• 5:40
  traveling
• 5:41
  we
• 5:41
  used
• 5:41
  to
• 5:41
  do.
• 5:42
  Hey,
• 5:42
  maybe
• 5:42
  for
• 5:42
  you
• 5:43
  it's
• 5:43
  food.
• 5:43
  We
• 5:43
  talked
• 5:43
  about
• 5:44
  my
• 5:44
  father
• 5:44
  in
• 5:44
  law
• 5:44
  with
• 5:44
  his
• 5:45
  seafood
• 5:45
  soup
• 5:45
  and
• 5:46
  all
• 5:46
  the
• 5:46
  Santa
• 5:47
  Claus
• 5:47
  gift
• 5:47
  giving
• 5:47
  he
• 5:47
  did.
• 5:48
  So
• 5:49
  plan
• 5:49
  that.
• 5:49
  But
• 5:49
  really
• 5:50
  ask
• 5:50
  yourself,
• 5:51
  where
• 5:51
  do
• 5:51
  you
• 5:51
  usually
• 5:52
  go
• 5:52
  overboard?
• 5:54
  It's
• 5:54
  not
• 5:54
  an
• 5:54
  easy
• 5:55
  discussion
• 5:55
  to
• 5:55
  have.
• 5:56
  But
• 5:57
  if
• 5:57
  you
• 5:57
  identify
• 5:57
  those
• 5:58
  regret
• 5:58
  zones,
• 5:59
  it
• 6:00
  brings
• 6:00
  awareness.
• 6:00
  And
• 6:01
  awareness
• 6:01
  changes
• 6:01
  everything.
• 6:02
  Because
• 6:02
  awareness
• 6:03
  is
• 6:03
  really
• 6:03
  the
• 6:03
  key.
• 6:03
  So
• 6:04
  that's
• 6:04
  the
• 6:04
  second
• 6:04
  thing.
• 6:05
  Identify
• 6:05
  those
• 6:05
  regret
• 6:06
  zones.
• 6:06
  Third
• 6:06
  thing,
• 6:07
  create
• 6:07
  a
• 6:07
  plan.
• 6:08
  My
• 6:08
  oldest
• 6:09
  son
• 6:09
  says
• 6:09
  this
• 6:09
  all
• 6:10
  the
• 6:10
  time.
• 6:10
  If
• 6:10
  you
• 6:11
  don't
• 6:11
  have
• 6:11
  a
• 6:11
  plan,
• 6:11
  guess
• 6:11
  what?
• 6:12
  You're
• 6:12
  planning
• 6:12
  to
• 6:12
  fail.
• 6:14
  So
• 6:14
  create
• 6:14
  a
• 6:14
  plan.
• 6:14
  Write
• 6:15
  a
• 6:15
  budget
• 6:15
  for
• 6:15
  the
• 6:16
  holidays.
• 6:17
  Listen,
• 6:17
  this
• 6:17
  isn't
• 6:18
  about
• 6:18
  restriction.
• 6:18
  A
• 6:19
  lot
• 6:19
  of
• 6:19
  people
• 6:19
  get
• 6:19
  stuck
• 6:19
  on
• 6:19
  this.
• 6:19
  I'm
• 6:20
  going
• 6:20
  to
• 6:20
  plant
• 6:20
  a
• 6:21
  new
• 6:21
  seed
• 6:21
  with
• 6:21
  you
• 6:21
  today.
• 6:21
  I
• 6:22
  want
• 6:22
  you
• 6:22
  to
• 6:22
  do
• 6:22
  something
• 6:22
  called
• 6:22
  an
• 6:23
  intentional
• 6:23
  holiday
• 6:24
  spending
• 6:25
  plan.
• 6:25
  People
• 6:26
  go,
• 6:26
  budgets.
• 6:26
  I
• 6:27
  hate
• 6:27
  budgets.
• 6:27
  Ralph,
• 6:27
  you
• 6:27
  keep
• 6:28
  talking
• 6:28
  about
• 6:28
  budgets.
• 6:29
  Let's
• 6:29
  be
• 6:30
  intentional
• 6:30
  about
• 6:30
  it.
• 6:31
  It's
• 6:31
  not
• 6:32
  a
• 6:32
  boundary
• 6:32
  for
• 6:32
  joy,
• 6:33
  but
• 6:34
  it's
• 6:34
  an
• 6:34
  intentional
• 6:35
  holiday
• 6:35
  spending
• 6:36
  plan
• 6:36
  so
• 6:36
  that
• 6:36
  you
• 6:36
  get
• 6:37
  to
• 6:37
  January
• 6:37
  and
• 6:37
  you
• 6:38
  feel
• 6:38
  good
• 6:38
  about
• 6:38
  you
• 6:38
  did
• 6:39
  what
• 6:39
  you've
• 6:39
  done.
• 6:40
  You
• 6:40
  don't
• 6:40
  have
• 6:40
  that
• 6:40
  regret.
• 6:41
  You
• 6:41
  don't
• 6:41
  have
• 6:41
  that
• 6:41
  we
• 6:42
  call
• 6:42
  January
• 6:42
  hangover.
• 6:43
  So
• 6:44
  create
• 6:44
  a
• 6:44
  plan.
• 6:44
  Create
• 6:44
  that
• 6:45
  intentional
• 6:45
  holiday
• 6:46
  spending
• 6:46
  plan.
• 6:47
  Next
• 6:48
  thing
• 6:48
  I'm
• 6:48
  going
• 6:48
  to
• 6:48
  encourage
• 6:48
  you
• 6:49
  to
• 6:49
  do.
• 6:49
  We
• 6:50
  talked
• 6:50
  about
• 6:50
  this
• 6:50
  on
• 6:50
  yesterday's
• 6:51
  show.
• 6:51
  Say
• 6:52
  no
• 6:52
  early.
• 6:53
  See,
• 6:53
  it's
• 6:53
  easier
• 6:53
  to
• 6:54
  decline
• 6:54
  now
• 6:55
  than
• 6:55
  to
• 6:55
  apologize
• 6:56
  later
• 6:56
  for
• 6:56
  being
• 6:56
  broken.
• 6:58
  So
• 6:58
  learn
• 6:58
  to
• 6:58
  say
• 6:59
  no.
• 7:00
  This
• 7:00
  is
• 7:00
  what
• 7:00
  I'm
• 7:00
  going
• 7:01
  to
• 7:01
  spend.
• 7:01
  These
• 7:02
  are
• 7:02
  the
• 7:02
  people
• 7:02
  I'm
• 7:02
  going
• 7:03
  to
• 7:03
  spend
• 7:03
  for.
• 7:03
  Hey,
• 7:03
  there's
• 7:03
  a
• 7:04
  bunch
• 7:04
  of
• 7:04
  things
• 7:04
  you
• 7:04
  can
• 7:04
  do.
• 7:04
  You
• 7:04
  can
• 7:04
  be
• 7:05
  creative,
• 7:05
  you
• 7:05
  can
• 7:05
  do
• 7:06
  gifts
• 7:06
  of
• 7:06
  service,
• 7:07
  but
• 7:08
  stand
• 7:08
  firm
• 7:09
  in
• 7:09
  those.
• 7:09
  No,
• 7:10
  because
• 7:10
  it's
• 7:11
  easier
• 7:11
  to
• 7:11
  decline.
• 7:11
  Listen,
• 7:12
  when
• 7:12
  the
• 7:12
  bills
• 7:12
  are
• 7:12
  already
• 7:12
  in
• 7:13
  and
• 7:13
  your
• 7:13
  bank
• 7:13
  account
• 7:14
  is
• 7:14
  drained,
• 7:14
  there's
• 7:15
  not
• 7:15
  much
• 7:15
  you
• 7:15
  can
• 7:15
  do
• 7:15
  about
• 7:15
  it
• 7:16
  at
• 7:16
  that
• 7:16
  point
• 7:16
  except
• 7:16
  figure
• 7:17
  out
• 7:17
  a
• 7:17
  way
• 7:17
  to
• 7:17
  dig
• 7:17
  yourself
• 7:18
  out
• 7:18
  of
• 7:18
  it.
• 7:18
  But
• 7:19
  if
• 7:19
  we
• 7:19
  can
• 7:19
  prevent
• 7:19
  that
• 7:20
  crater
• 7:20
  in
• 7:20
  your
• 7:21
  finances
• 7:21
  from
• 7:21
  the
• 7:22
  beginning.
• 7:22
  So
• 7:23
  stand
• 7:23
  firm
• 7:23
  and
• 7:23
  do
• 7:23
  that.
• 7:24
  And
• 7:24
  last
• 7:24
  but
• 7:24
  not
• 7:25
  least,
• 7:25
  remember
• 7:25
  this
• 7:26
  peace
• 7:27
  is
• 7:27
  greater
• 7:28
  than
• 7:28
  pressure.
• 7:28
  Remind
• 7:29
  yourself
• 7:29
  this.
• 7:30
  Write
• 7:30
  this
• 7:30
  on
• 7:31
  something,
• 7:31
  put
• 7:31
  it
• 7:31
  in
• 7:32
  front
• 7:32
  of
• 7:32
  you.
• 7:32
  Christmas
• 7:33
  joy
• 7:33
  shouldn't
• 7:34
  come
• 7:34
  with
• 7:34
  January
• 7:35
  interest.
• 7:36
  Now
• 7:37
  that's
• 7:37
  a
• 7:37
  real
• 7:37
  financial
• 7:37
  way
• 7:38
  to
• 7:38
  look
• 7:38
  at
• 7:38
  it,
• 7:38
  isn't
• 7:38
  it?
• 7:38
  That
• 7:39
  joy
• 7:39
  shouldn't
• 7:40
  come
• 7:40
  with
• 7:40
  credit
• 7:40
  card
• 7:40
  interest.
• 7:41
  It
• 7:41
  shouldn't
• 7:41
  come
• 7:42
  with
• 7:42
  interest
• 7:42
  on
• 7:43
  personal
• 7:43
  loans,
• 7:43
  whatever
• 7:44
  that
• 7:44
  looks
• 7:44
  like
• 7:44
  for
• 7:44
  you.
• 7:45
  The
• 7:45
  joy
• 7:45
  needs
• 7:46
  to
• 7:46
  continue.
• 7:46
  You
• 7:47
  don't
• 7:47
  want
• 7:47
  to
• 7:47
  get
• 7:47
  into
• 7:47
  that
• 7:48
  January
• 7:48
  regret,
• 7:49
  which
• 7:49
  leads
• 7:49
  us
• 7:49
  to
• 7:49
  today's
• 7:50
  Bible
• 7:50
  verse.
• 7:50
  Now,
• 7:51
  this
• 7:51
  Bible
• 7:51
  verse
• 7:51
  is
• 7:52
  a
• 7:52
  little
• 7:52
  bit
• 7:52
  weird
• 7:52
  for
• 7:53
  today,
• 7:53
  but
• 7:53
  I
• 7:53
  think
• 7:53
  it
• 7:53
  really
• 7:53
  suits
• 7:54
  the
• 7:54
  idea
• 7:55
  of
• 7:55
  planning.
• 7:55
  It
• 7:55
  comes
• 7:55
  from
• 7:56
  Luke
• 7:56
  chapter
• 7:57
  14,
• 7:57
  verse
• 7:58
  28,
• 7:58
  and
• 7:59
  it
• 7:59
  says,
• 7:59
  suppose
• 7:59
  one
• 7:59
  of
• 7:59
  you
• 8:00
  wants
• 8:00
  to
• 8:00
  build
• 8:00
  a
• 8:00
  tower.
• 8:01
  Won't
• 8:01
  you
• 8:02
  first
• 8:02
  sit
• 8:02
  down
• 8:02
  and
• 8:02
  estimate
• 8:03
  the
• 8:03
  cost
• 8:04
  to
• 8:04
  see
• 8:04
  if
• 8:04
  you
• 8:04
  have
• 8:04
  enough
• 8:05
  money
• 8:05
  to
• 8:05
  complete
• 8:05
  it?
• 8:05
  Anybody
• 8:06
  saying,
• 8:06
  ralph,
• 8:06
  I
• 8:06
  don't
• 8:07
  get
• 8:07
  it.
• 8:07
  How
• 8:07
  does
• 8:07
  that
• 8:07
  have
• 8:08
  anything
• 8:08
  to
• 8:08
  do
• 8:08
  with
• 8:08
  it?
• 8:09
  It's
• 8:10
  all
• 8:10
  about
• 8:10
  planning.
• 8:11
  And
• 8:11
  I
• 8:11
  want
• 8:11
  you
• 8:11
  to
• 8:12
  just
• 8:12
  embrace
• 8:12
  that
• 8:13
  today.
• 8:13
  It's
• 8:14
  building
• 8:14
  that
• 8:14
  intentional
• 8:15
  holiday
• 8:16
  spending
• 8:17
  plan.
• 8:17
  Because
• 8:18
  what
• 8:18
  was
• 8:18
  the
• 8:18
  Bible
• 8:19
  talking
• 8:19
  about?
• 8:19
  If
• 8:19
  you
• 8:19
  want
• 8:19
  to
• 8:19
  build
• 8:19
  a
• 8:20
  tower,
• 8:20
  you
• 8:20
  better
• 8:20
  figure
• 8:21
  out
• 8:21
  how
• 8:21
  to
• 8:21
  do
• 8:21
  it
• 8:21
  first.
• 8:21
  You
• 8:22
  better.
• 8:22
  You
• 8:22
  better
• 8:22
  figure
• 8:22
  out
• 8:22
  what
• 8:23
  the
• 8:23
  plan
• 8:23
  looks
• 8:23
  like.
• 8:23
  You
• 8:23
  better
• 8:24
  figure
• 8:24
  out
• 8:24
  how
• 8:24
  much
• 8:24
  it's
• 8:25
  going
• 8:25
  to
• 8:25
  cost.
• 8:26
  Because
• 8:26
  it
• 8:27
  goes
• 8:27
  on
• 8:27
  in
• 8:27
  the
• 8:27
  scripture
• 8:28
  and
• 8:28
  talks
• 8:28
  about,
• 8:28
  well,
• 8:28
  people
• 8:28
  will
• 8:28
  ridicule
• 8:29
  you
• 8:29
  if
• 8:29
  you're
• 8:29
  not
• 8:30
  able
• 8:30
  to
• 8:30
  finish
• 8:30
  it.
• 8:31
  Well,
• 8:31
  you're
• 8:32
  going
• 8:32
  to
• 8:32
  ridicule
• 8:32
  yourself
• 8:33
  in
• 8:33
  January
• 8:33
  if
• 8:33
  you
• 8:33
  have
• 8:34
  that
• 8:34
  post
• 8:34
  holiday
• 8:34
  regret.
• 8:36
  So
• 8:36
  do
• 8:36
  that
• 8:36
  today.
• 8:37
  Build
• 8:37
  that
• 8:37
  intentional
• 8:38
  holiday
• 8:39
  spending
• 8:39
  plan.
• 8:39
  Well,
• 8:40
  how
• 8:40
  about
• 8:40
  we
• 8:40
  pray
• 8:40
  together?
• 8:40
  We
• 8:40
  need
• 8:41
  some
• 8:41
  prayers
• 8:41
  today,
• 8:41
  don't
• 8:41
  we?
• 8:41
  Because
• 8:42
  this
• 8:42
  is
• 8:42
  not
• 8:42
  easy
• 8:42
  work.
• 8:43
  So,
• 8:44
  Lord,
• 8:44
  we
• 8:44
  come
• 8:44
  to
• 8:44
  you
• 8:44
  right
• 8:44
  now.
• 8:45
  We
• 8:45
  ask
• 8:45
  you
• 8:45
  for
• 8:45
  wisdom
• 8:46
  to
• 8:46
  help
• 8:46
  us
• 8:46
  plan
• 8:47
  ahead
• 8:47
  with
• 8:47
  peace.
• 8:47
  Lord,
• 8:48
  we
• 8:48
  want
• 8:48
  to
• 8:48
  continue
• 8:48
  that
• 8:49
  joy
• 8:49
  of
• 8:49
  the
• 8:49
  holidays.
• 8:49
  We
• 8:50
  are
• 8:50
  so
• 8:50
  grateful
• 8:50
  for
• 8:51
  you
• 8:51
  sending
• 8:51
  your
• 8:51
  son,
• 8:52
  Jesus
• 8:52
  Christ
• 8:52
  to
• 8:52
  us,
• 8:52
  Lord,
• 8:53
  that
• 8:53
  we
• 8:53
  want
• 8:53
  to
• 8:53
  just
• 8:53
  keep
• 8:54
  that
• 8:54
  joy
• 8:54
  flowing
• 8:55
  into
• 8:55
  January.
• 8:56
  So
• 8:56
  help
• 8:56
  us
• 8:56
  to
• 8:56
  avoid
• 8:57
  those
• 8:57
  traps
• 8:58
  of
• 8:58
  overspending
• 8:58
  and
• 8:59
  those
• 8:59
  feelings
• 8:59
  of
• 9:00
  guilt
• 9:00
  that
• 9:00
  come
• 9:00
  with
• 9:00
  us
• 9:01
  and
• 9:01
  teach
• 9:01
  us
• 9:01
  to
• 9:02
  value
• 9:02
  future
• 9:03
  peace
• 9:04
  over
• 9:04
  that
• 9:04
  present
• 9:04
  pressure.
• 9:05
  Lord,
• 9:05
  we
• 9:05
  ask
• 9:05
  this
• 9:06
  in
• 9:06
  the
• 9:06
  precious
• 9:06
  name
• 9:06
  of
• 9:06
  Jesus.
• 9:07
  Amen.
• 9:08
  All
• 9:08
  right,
• 9:08
  so
• 9:08
  you
• 9:08
  ready
• 9:09
  for
• 9:09
  your
• 9:09
  one
• 9:09
  action
• 9:09
  item
• 9:10
  for
• 9:10
  today?
• 9:11
  We're
• 9:11
  going
• 9:11
  to
• 9:11
  write
• 9:11
  a
• 9:11
  note
• 9:12
  to
• 9:12
  ourselves.
• 9:12
  It
• 9:12
  may
• 9:13
  seem
• 9:13
  a
• 9:13
  little
• 9:13
  hokey,
• 9:14
  but
• 9:14
  I'll
• 9:14
  tell
• 9:14
  you,
• 9:14
  this
• 9:15
  will
• 9:15
  work.
• 9:15
  I
• 9:16
  want
• 9:16
  you
• 9:16
  to
• 9:16
  write
• 9:16
  a
• 9:17
  note
• 9:17
  to
• 9:17
  yourself
• 9:17
  I
• 9:18
  want
• 9:18
  you
• 9:18
  to
• 9:18
  call
• 9:18
  this
• 9:18
  your
• 9:19
  January
• 9:19
  self
• 9:20
  note
• 9:20
  and
• 9:20
  just
• 9:21
  ask
• 9:21
  yourself
• 9:21
  this
• 9:21
  question
• 9:22
  and
• 9:22
  write
• 9:22
  this
• 9:22
  down.
• 9:22
  What
• 9:23
  do
• 9:23
  I
• 9:23
  want
• 9:23
  to
• 9:23
  thank
• 9:24
  myself
• 9:24
  for
• 9:24
  when
• 9:25
  the
• 9:25
  holidays
• 9:25
  are
• 9:26
  over?
• 9:26
  Really?
• 9:27
  That
• 9:27
  simple?
• 9:28
  Write
• 9:28
  that
• 9:28
  note
• 9:28
  today.
• 9:29
  What
• 9:29
  do
• 9:29
  I
• 9:29
  want
• 9:29
  to
• 9:29
  thank
• 9:30
  myself
• 9:30
  for
• 9:31
  when
• 9:31
  the
• 9:31
  holidays
• 9:31
  are
• 9:31
  over?
• 9:32
  Maybe
• 9:32
  you've
• 9:32
  saved
• 9:33
  money.
• 9:33
  You
• 9:33
  haven't
• 9:33
  gone
• 9:34
  into
• 9:34
  debt,
• 9:34
  you
• 9:34
  haven't
• 9:34
  run
• 9:35
  up
• 9:35
  those
• 9:35
  credit
• 9:35
  cards.
• 9:36
  You
• 9:36
  had
• 9:36
  a
• 9:36
  joyous
• 9:37
  season.
• 9:38
  And
• 9:38
  right
• 9:38
  now
• 9:38
  I
• 9:38
  want
• 9:38
  to
• 9:39
  ask
• 9:39
  you
• 9:39
  to
• 9:39
  do
• 9:39
  something
• 9:39
  for
• 9:40
  me.
• 9:40
  If
• 9:40
  this
• 9:40
  episode
• 9:41
  or
• 9:41
  this
• 9:41
  show
• 9:41
  is
• 9:41
  helping
• 9:42
  you,
• 9:42
  I
• 9:42
  want
• 9:42
  to
• 9:42
  encourage
• 9:43
  you
• 9:43
  to
• 9:43
  share
• 9:43
  it
• 9:43
  with
• 9:43
  somebody
• 9:44
  who
• 9:44
  needs
• 9:44
  to
• 9:44
  hear
• 9:44
  it.
• 9:44
  Today's
• 9:45
  show
• 9:45
  is
• 9:45
  one
• 9:46
  of
• 9:46
  those
• 9:46
  ones
• 9:46
  that
• 9:46
  you
• 9:46
  can
• 9:46
  share.
• 9:47
  Send
• 9:47
  a
• 9:47
  link
• 9:47
  to
• 9:48
  a
• 9:48
  friend
• 9:48
  who's
• 9:48
  stressed
• 9:49
  about
• 9:49
  holiday
• 9:49
  spending.
• 9:50
  Maybe
• 9:50
  post
• 9:51
  it
• 9:51
  to
• 9:51
  your
• 9:51
  social
• 9:51
  media.
• 9:51
  We
• 9:52
  love
• 9:52
  social
• 9:52
  media.
• 9:53
  Tag
• 9:53
  us
• 9:53
  on
• 9:54
  it
• 9:54
  so
• 9:54
  you
• 9:54
  know
• 9:54
  we
• 9:55
  can
• 9:55
  cheer
• 9:55
  you
• 9:55
  on
• 9:55
  as
• 9:55
  well.
• 9:56
  Leave
• 9:56
  a
• 9:56
  review
• 9:56
  on
• 9:57
  our
• 9:57
  website
• 9:57
  because
• 9:58
  it
• 9:58
  helps
• 9:58
  others
• 9:58
  find
• 9:59
  financial
• 9:59
  freedom
• 10:00
  too.
• 10:00
  And
• 10:00
  you
• 10:00
  can
• 10:00
  send
• 10:00
  them
• 10:01
  right
• 10:01
  to
• 10:01
  our
• 10:01
  website.
• 10:02
  That's
• 10:02
  financiallyconfidentchristian.com
• 10:04
  there's
• 10:05
  more
• 10:05
  resources
• 10:06
  there
• 10:06
  to
• 10:06
  break
• 10:06
  the
• 10:07
  cycle
• 10:07
  of
• 10:07
  financial
• 10:08
  shame
• 10:08
  and
• 10:08
  live
• 10:09
  in
• 10:09
  confidence.
• 10:09
  Remember
• 10:10
  this
• 10:10
  January
• 10:11
  peace
• 10:11
  beats
• 10:12
  December
• 10:12
  pressure.
• 10:13
  So
• 10:14
  plan
• 10:14
  now
• 10:14
  and
• 10:15
  thank
• 10:15
  yourself
• 10:15
  later.
• 10:15
  I
• 10:16
  want
• 10:16
  to
• 10:16
  encourage
• 10:16
  you
• 10:16
  right
• 10:16
  now.
• 10:16
  Go
• 10:17
  out
• 10:17
  there
• 10:17
  and
• 10:17
  live
• 10:18
  as
• 10:18
  a
• 10:18
  financially
• 10:19
  confident
• 10:19
  Christian.
• 10:19
  You
• 10:19
  can
• 10:20
  do
• 10:20
  this.
• 10:21
  I
• 10:21
  have
• 10:21
  confidence
• 10:21
  in
• 10:21
  you.
• 10:22
  And
• 10:22
  bigger
• 10:22
  than
• 10:22
  that,
• 10:23
  Christ
• 10:23
  himself
• 10:24
  has
• 10:24
  confidence
• 10:24
  in
• 10:24
  you.
• 10:24
  He
• 10:25
  wants
• 10:25
  you
• 10:25
  to
• 10:25
  be
• 10:25
  successful
• 10:26
  and
• 10:26
  enjoy
• 10:27
  the
• 10:27
  holiday
• 10:27
  season.
• 10:28
  So
• 10:28
  stay
• 10:28
  financially
• 10:29
  savvy.
• 10:29
  God
• 10:30
  bless
• 10:30
  you
• 10:30
  and
• 10:30
  I'll
• 10:30
  see
• 10:31
  you
• 10:31
  on
• 10:31
  tomorrow's
• 10:31
  show.