Latest / The Curve / RTC137: Signs you’re facing financial burnout (and how to fix it) with Danielle Colley.

Transcript

RTC137: Signs you’re facing financial burnout (and how to fix it) with Danielle Colley. · The Curve

0:00
Welcome to Raising the Curve, a podcast designed to teach you everything that you need to know to be better with your money.
0:06
Come and learn alongside me, Sophie Hallwright, a total beginner from the finance expert Victoria Harris.
0:12
So I've asked all of the questions you wish you could, so that finance, investing and growing your wealth actually makes sense.
0:18
Yes, it's expert education, but with promise will not be boring. And in the wise words of sheer...
0:22
My mom said to me, you know sweetheart, one day you should settle down and marry a rich man.
0:28
My mom, I am a rich man. Come and talk and learn and laugh with us because together we really can raise the curve.
0:36
So today's episode is, I don't know, I feel like we've maybe coined this term financial burnout.
0:42
I don't know, well I haven't heard anyone else talk about it before.
0:48
I hear burnout used so much to the point where I know it's a really obvious word.
0:54
But the reason that we wanted to talk about this was that financial burnout was something that Vic experienced last year.
1:00
And so not only did we want to get an expert on to speak about what are the signs, how can we be aware of them before they happen, which we'll get to in a second.
1:08
But we also just wanted to share what was going on personally in the business at the time.
1:14
Because it really took you by surprise, which is so interesting for someone whose work and finances worked with money for a really long time.
1:23
But I think that's the thing, it's like for me, it's all consuming in my life, it's my job, it's my, it's what, you know, you deal with money every day,
1:31
but then I deal with money every day in my job as well. So it's like, you got to double whammy.
1:36
Yeah, I got to double whammy. So it was like personal finances, but then business finances on top of that. And it was, it was a lot.
1:42
Well, you were taking a pretty severe pay cut at the time, and you didn't really have time to prepare.
1:49
So when you went full time and because this probably started about four months after your full time, I would say,
1:55
I think it happened. If I look back and I always, it's funny because when I was in it, I didn't notice it, but then on reflection, it's like in a toxic relationship.
2:04
When you're in it, you can't notice it until you step out and then you're like, oh my god, that was so good.
2:09
So on reflection, I honestly think it was when you and me both working full time in the curve.
2:18
And we'd moved to London. There was a lot of milestones.
2:24
And we needed support. We needed help. We needed employees. We needed people to help us yet.
2:32
As the business stood, we couldn't really afford it. So something needed to change. I don't know.
2:36
There was, I remember this moment of like, oh my goodness.
2:39
And something you said and you were like, when we were talking to investors and stuff and thinking about getting investment on board,
2:44
you're like, this is your space to run with. And it was like, shoot.
2:49
Not that you, not that that was not saying it was your fault, but it more of like, I was like, I've got the cases on me.
2:54
And I felt this pressure of, oh goodness, if this doesn't work, I have to move back home to New Zealand.
3:02
I have to go back to my old job. I have to admit to the community that we couldn't build a successful business.
3:08
I have to admit to solve. I have to tell her that all her hard work, you know, you start spiraling.
3:12
And I think it was that, whereas with my own personal finances, you know, I don't have children.
3:17
I don't have a partner. It was just me that had to worry about it.
3:21
If I don't know, if I got into an emergency, it was just me, but this was now, it felt like I had a child to worry about.
3:29
Or children or children or dependents, you know, like there was someone, there was a community and you and, and yeah, there was a lot more to consider.
3:37
So there was a lot of added stress in that regard.
3:39
That makes so much sense to me because knowing you as a person who is unbelievably dedicated to your friends and family, like more so than anyone I know,
3:51
it makes so much sense that as soon as there's external people or pressures that aren't just you and yourself and I, that it magnifies those feelings.
4:03
I can't even imagine people that are running small businesses that have teams of staff, you know, like 20, 30, 40, hundreds of staff.
4:13
And when things don't financially go right, all these COVID or like, I don't know, there was a few times I was like, that come on, it's just you and so, you know, but then it's also.
4:22
But we had contractors, you can't compare yourself to others, you know, you can't diminish your stress or your concern or your feelings.
4:31
By putting them trying to put them perspective of others, like it's your feelings of valid and your stress is valid.
4:37
It was just how to manage it, which I didn't quite figure out.
4:41
So I think there's something in the idea of when your situation changes or circumstances change beyond something you've ever dealt with before.
4:51
That can sometimes, if it goes too far lead to financial burnout, let's say you take a pay card, let's say you sell a business.
4:58
Like if you are in a new job, all of those types of things, whether it's you've just taken on your first mortgage and you've even had to deal with that before, I think there's big financial milestones.
5:08
When you've never dealt with them before, the stress can become so much that it's not just financial stress, it's actually financial burnout.
5:16
Yes.
5:17
And I think that for you particularly because you had the double whammy of your personal finances taking a hit and you're being like, oh wow, I really need to restructure my life.
5:27
And then also the finances of the business and feeling as though the financial side was kind of heavily weighted on you, which was really unfair in itself.
5:35
But that was kind of, would you say that was sort of what was going on 100%.
5:40
And it manifested in so many ways throughout my life that almost feel like guilty on reflection.
5:46
Oh my God.
5:50
Oh my God.
5:57
It's also, it's also, no, just like relationship relationship with like, sorry.
6:03
Like relationships with my family, my partner with you, like the arguments we had, just like not being able to see how all consuming it was.
6:14
And now on reflection, just how like meaningless it all is.
6:18
You know, like it's like, and I think we get a run through some steps after at the end to kind of like if you are feeling this way or like things that I dealt with or that helped me.
6:29
But yeah, one of the big things was just putting it in perspective.
6:32
Like it doesn't matter at the end of the day, you know, it's like, I also didn't want to have this really successful business.
6:41
But it wasn't healthy and I'd lost all the relationships around me.
6:45
So yeah.
6:46
I think that the hard thing for a lot of people is that they may feel as though, you know, because if it's flipped and it's family that relies on you.
6:55
Yeah.
6:56
Then it is kind of, it is a different situation.
6:58
You know, for us, it was ourselves and our personal lives and then our business and the business financials.
7:03
But if your business is essentially your family and you're dealing with this ongoing financial stress.
7:10
Yeah.
7:11
I think it's all tied together.
7:13
It's all like, it's all emotionally connected.
7:17
Yeah.
7:18
And at the time, what was some of the things that you noticed?
7:22
Because I, even if I think back and this is something that everyone can do, if you're starting to feel really overwhelmed by your finances.
7:31
It's looked back to beyond, like, before it got bad, what were some of your triggers?
7:36
Because even I remember, you know, years ago, there would be small telltale signs which now make sense to both of us.
7:45
Where you would feel particularly with business finances, you would, everything was like...
7:50
You would notice when the bank balance would be getting low because I'd be like, snappy and irritable.
7:56
And I'm like, sorry.
7:58
We've just got really low cash price at the moment.
7:59
Are waiting for some invoices.
8:00
You're like, okay, cool.
8:01
Yeah, yeah.
8:02
But even at the time, I don't like that.
8:04
That shouldn't impact me that much.
8:06
But it's crazy that it does.
8:08
But I think that that's really unfair to discount how hard that was.
8:13
And I think it's really important to actually not do the whole owe it silly.
8:17
Because there will be people listening who are probably feeling...
8:19
Yeah.
8:21
So, feeling exhausted with trying to push ahead and they can't.
8:24
Does it matter how hard they work?
8:26
They've got people relying on them.
8:27
The overwhelm in that stress is enormous.
8:30
And so, the reason that we wanted to have this conversation is to share VIX experience with that.
8:35
To speak to a professional and then to share some of those at the end after this conversation with Danielle Colley,
8:41
who is a professional researcher when it comes to all things burnout.
8:46
She's just written a book all about it.
8:48
So, we're going to speak to her about the signs, the things to look for, all of that.
8:51
And then at the end, VIX is going to share some of the things that she's put in place
8:56
since then, which have really helped move through that burnout to a place of healthy stress.
9:02
Yeah.
9:04
Feeling alright?
9:05
Yeah.
9:06
Let's get into the episode.
9:13
Firstly, Danielle, thank you so much for coming on the podcast.
9:16
And I'm personally very excited to talk about burnout,
9:19
because I actually have a feeling that this is something that I either have experienced in my life,
9:25
or maybe I'm currently still in, but I do think that it's something that's often spoken about
9:31
as if it's assumed when really a lot of people can just be stressed.
9:34
And so, you've spoken a lot, you've written a book about it, about burnout.
9:39
Can we maybe just start with what actually is a definition of burnout?
9:43
What does it look like, and what was your experience of that?
9:47
So, burnout happens when you have really prolonged stress.
9:53
Everybody gets stressed, right?
9:55
It's really normal.
9:56
It's a really normal part of our reactions and a normal part of the way our body handles certain pressures.
10:05
And a level of stress can be very, very helpful.
10:09
Sometimes you're like, bang, I'm on, I am so focused.
10:12
It's like amazing.
10:13
I've got this deadline, I'm just pumping it out.
10:16
When we have too much stress that it's overloading the nervous system,
10:21
and that goes on for a prolonged time, that can lead to burnout.
10:27
Now, the sort of, the three sort of ways that burnout has been sort of considered
10:34
by Herbert Friedenberg in 1975, I think he came up with this compassion burnout.
10:40
When you've cared for something, cared about something so much for so long,
10:45
that suddenly you don't have any care about it so much anymore.
10:51
And I've seen that sort of specific thing with my own children
10:56
and some friends of mine who have had children who have had really significant problems
11:00
for a long time, and you're on such high alert and you're like,
11:05
oh, I have to fix this.
11:07
And there is this ongoing high alertness and all of a sudden,
11:11
it's like, I actually feel like I have to let go of some of the pressure,
11:19
the holding arm, the trying to force the solution, trying to fix everything
11:24
because I'm tapped out.
11:26
Is it like tunnel vision?
11:27
Would you say, for that first point, would you say like having tunnel vision
11:31
and having no capacity to have compassion or anything else,
11:34
because you're so focused.
11:36
So imagine, so on that, imagine it's like tunnel vision,
11:41
but you're not blinking, and then all of a sudden,
11:44
you realize your eyes are so tired and scratchy and dry,
11:47
you just need to close them for a year, right?
11:49
So you have that tunnel vision, it's not like you're no longer in the tunnel,
11:53
it's just like, I am so exhausted by this,
11:57
that I need to put it down a little bit.
11:59
It's so heavy, I just need to put it down for a bit,
12:02
and then I don't know what's going to happen next, kind of thing.
12:07
And then you've got this sort of deep personalisation,
12:09
which is when you start to disengage.
12:11
So this is where you start to just think,
12:15
I can't do anything, I need to pull back.
12:21
It's this feeling like I cannot be so attached to this any longer,
12:29
and I'm not really making a difference anyway.
12:34
And that leads into the third one, which is this feeling of hopelessness.
12:37
It's like, it doesn't matter.
12:40
I try so hard, I've cared so much, and none of this is even making any difference.
12:46
And sometimes it could be, if you have a big thing going on at work,
12:50
or if you're into it, if there's a cause,
12:54
that you're really passionate about,
12:56
and you've tried everything, you've tried so much,
12:58
you've put everything into say at work,
13:02
you've put everything into this project,
13:05
your ideas may still be getting rejected,
13:07
or you've put everything into this project,
13:10
and it's not going the way that you want it to.
13:12
You've burnt the candle, you've burnt the midnight candle,
13:15
you've stayed up, you've put in all the hours, you've put in all of the effort,
13:18
and then it's just like, no one is listening,
13:21
it's like screaming into the wind or whatever.
13:24
So it's this sort of feeling like it just doesn't matter anyway.
13:27
And all of these things in isolation,
13:30
a little bit, are okay.
13:34
It's when you have one or two or three of them present
13:39
for a prolonged period,
13:41
that you're sort of reaching this burnout phase.
13:44
And that can show up in a few different ways.
13:47
So that can show up in feeling like being sort of overly emotional,
13:51
being exhausted, no matter how much you sleep, right?
13:55
You wake up tired, you drag yourself through the day,
13:58
you struggle to find sort of joy,
14:02
you struggle to find, you know,
14:04
you start to feel a little bit hopeless,
14:06
it can show up in withdrawing from the things
14:12
that you normally enjoy or withdrawing from your relationships.
14:17
It can be a lack of appetite,
14:19
it can be self-soothing too much, right?
14:22
It can be like drinking yeast,
14:24
it can take all the ages off.
14:25
I'm feeling really personally attached right now.
14:28
I'm like, oh my gosh.
14:30
I'm like, oh, I'm like tick, tick, tick, tick, tick.
14:33
I'm like, oh my gosh, I'm like holy shit.
14:36
Look, I've got a great book for you to read.
14:40
The thing is, I think that there is so much
14:44
around the way our society is feeding this success paradigm
14:52
and it's an entrepreneurial thing as well.
14:56
And most definitely, we try so hard to do things
14:59
that we just kind of push and push and push and push
15:02
beyond our ages.
15:03
And I feel like the problem of that is twofold.
15:07
So part of it is this societal pressure for success
15:11
and what we deem as success and the other part.
15:14
And this is the part that I am super curious about.
15:17
And this is what I work a lot with my one-on-one clients
15:20
because I see it in leadership.
15:22
I see it in entrepreneurs over and over again.
15:25
Is this internal pressure?
15:27
It's not coming from external.
15:29
It's not your boss.
15:30
It's not something else.
15:32
It's this driving force that is just keeping you
15:36
pushing you beyond and then beyond a little bit further.
15:42
What's that about?
15:44
And I guess, both of you are going, OK, yeah,
15:47
I'm feeling those things right now.
15:50
If you're recognizing this, what are you doing about it?
15:54
So my whole philosophy is not to tell people
16:00
don't go fear dreams.
16:02
Don't have these entrepreneurial dreams.
16:04
Don't try to, you know, go for your goals,
16:09
level up, push yourself, challenge yourself.
16:12
It's not about that.
16:13
It's about recognizing, all right,
16:16
I've gone a little bit hard this week.
16:19
What can I do now to bring it back?
16:22
Recalibrate my nervous system before I get crispy fried.
16:27
So notice when you're starting to be like a little bit,
16:31
you know, when you're roasting cauliflower in the oven,
16:35
when it's like golden, right, on the florets,
16:39
it's like, that's perfect.
16:41
But when you pull it out and it's fully cremated on the ends,
16:44
it's like, oh, possibly left it in a couple of minutes.
16:47
I always cremate my cauliflower.
16:49
It's still kind of delicious though, right?
16:51
Yeah.
16:52
I'm like, we're walking, talking cauliflower of florets
16:56
right now, I would say.
16:57
But can I just say one thing before you continue, Danielle?
17:01
I think there's also this awareness of, for me,
17:06
that, and I feel like that probably feels the same,
17:10
there's this double edge sword of, okay,
17:13
everything that I'm hearing you say is pretty bang on.
17:17
The joy piece for me has been really confronting,
17:21
not feeling a whole lot of joy.
17:23
And I would say this, yeah, I've definitely gone through phases
17:30
where it's like, are you okay?
17:32
Like I'm kind of not sure if you're still here, you know?
17:35
And I'm like, no, I am.
17:36
I'm just so exhausted.
17:38
And there is this part of me that feels like, well,
17:42
isn't that just part of entrepreneurialism?
17:45
Isn't that just part of success?
17:47
Is it something that I do kind of need for the curve
17:51
to be what we both want it to be?
17:54
And I think at the moment what we're both navigating
17:57
is how can we still work as hard
18:00
and give the curve everything that we want to
18:04
while also not taking it too far?
18:09
And that is like a constant balance,
18:12
it's so easy to be like, oh, well, it's just this one meeting
18:14
that's going in it for him.
18:16
But no, that's a total exaggeration.
18:20
But my point is it's easy to be like, it's just this one time,
18:23
or this is the exception.
18:24
But because the exception happens all the time,
18:27
it's not the exception, it's the role.
18:29
So yeah, I guess my question is, how do we still harness
18:33
that extreme determination for success,
18:35
whatever that is for us,
18:37
while not harming ourselves,
18:39
we're getting to a point of no return,
18:40
because what I understand burnout is,
18:42
it's really hard to turn things around
18:44
when you're actually in full blown burnout.
18:47
Yeah, it can take three to 12 months
18:52
to recover from burnout.
18:54
And that's provided you don't push yourself
18:56
into like a nervous breakdown, right?
18:58
That's a whole nother kettle of fish.
19:01
But let's just say, you know, you get to a point
19:04
where you are absolutely crispy fried.
19:07
And I've been there, I was like, right,
19:09
so when I was a single mom, I was a journalist,
19:12
I lost my job, I had a mortgage to pay,
19:15
I was totally questioning everything.
19:17
I've been living on adrenaline and cortisol
19:19
for a number of years.
19:21
I was partying hard at the weekends
19:24
when my kids were with their dad.
19:26
And something had to give, you know?
19:29
So it's one thing to have this big vision
19:35
and know that you're super passionate
19:38
about creating something.
19:40
But it's another thing to have like an even longer vision
19:44
and a bigger sort of view of bigger lens on it,
19:48
which is what's the point of creating it
19:51
if you skid over the finish line
19:54
and like collapse and die?
19:56
Right.
19:57
So it's about having this sort of sustainable vision.
20:00
So it's about sustainable success, holistic success, right?
20:04
Whole life success.
20:07
And being able to enjoy the ride,
20:10
because again, what's the point?
20:12
Like if you are hustling so freaking hard
20:17
that it's actually not enjoyable,
20:19
but you can see that you're getting somewhere,
20:21
but life isn't fun for why?
20:24
Like we're not just here to work and achieve
20:28
and create, you know, these things.
20:30
We're here to have this whole life.
20:33
You are a whole person, not just your work.
20:36
And I think for us to detangle ourselves
20:40
from our identity being so wrapped up in what we do,
20:46
I think that's a really important part.
20:50
And I remember many, many moons ago in my month saying,
20:54
you know what, you need a hobby.
20:56
All you do is work.
20:57
And I'm like, my work isn't a hobby.
20:59
I love it so much.
21:00
And so she's like, give it a snap.
21:01
Oh my god, sorry.
21:02
Are you a Victoria Harris?
21:03
I'm a Victoria Harris.
21:05
I'm a Victoria Harris.
21:09
I just want to play Devil's head for kippo.
21:12
And almost like I, at whole hardly,
21:16
I want to defend my burn out.
21:18
No, I totally agree what you're saying.
21:20
So I'm saying I, I whole hardly agree.
21:22
I just, I kind of want to hear
21:24
the other side of the argument in terms of like,
21:28
we always talk about when we're investing,
21:30
it's like delayed gratification.
21:32
It's like putting money away now to enjoy it in the future.
21:35
And if I look at that from like an entrepreneurial lens,
21:38
I see that for my life right now,
21:41
I don't have children, I have the time and capacity,
21:44
it's only myself to put into work
21:47
for the enjoyment down the track.
21:49
Yes, there's obviously a tipping point.
21:51
I don't want to get to the place where I physically
21:54
can't work because I'm stressed out and burnt out.
21:57
But I think for me, I'm like,
21:59
I want to pull my heart and soul into this.
22:02
Well, I can, because I can see the benefits in the future.
22:10
But yes, I totally agree.
22:11
It shouldn't be at the sacrifice of your health.
22:13
And that is completely obviously not what I'm saying.
22:16
But I reckon it's one thing to say that,
22:19
but the other to do it.
22:20
And I think it's so easy to say,
22:23
do you know what I mean?
22:24
If we're being totally honest with ourselves,
22:26
we have sacrificed our health and our happiness
22:28
because we've been working so hard.
22:30
So it's like at what point.
22:33
But see, I see work makes me happy.
22:37
Like I love working, which again,
22:40
sometimes, and I feel like that.
22:43
And what else makes you happy, right?
22:47
If we're looking at this sort of,
22:49
if we're looking at the whole,
22:50
your whole person, the whole Victoria, right?
22:53
So we've got the success portion of your life of work
23:00
is awesome, okay?
23:02
So what about the other things that make us
23:06
like wholehearted, happy humans,
23:08
things like connection, things like time
23:10
to take care of your health and your wellbeing
23:13
and your mental wellbeing?
23:14
What about time for things that bring you enjoyment
23:21
that is not work, right?
23:22
So that you have more of yourself
23:25
and your experiences to bring to your work.
23:28
And you said a moment ago,
23:30
which kind of peaked my little spidey senses
23:34
that there's the delayed gratification
23:37
and there is the idea that you can hustle now
23:40
so that you can relax and enjoy yourself
23:45
at some time down the track,
23:47
which is unspecified and whatever, right?
23:51
It's like saying,
23:53
it's like constantly hanging for the weekend
23:55
or constantly hanging for your,
23:57
and you leave or constantly waiting for retirement
24:01
before you're allowed to enjoy your life, right?
24:04
It's the idea of saying,
24:07
I'll be happy when, not, I'll enjoy the journey.
24:10
Yeah, it's the, which is so,
24:12
and I really want to have this for battle.
24:15
By the way, that you're not allowed to say Pilates
24:17
is where you get your enjoyment.
24:18
I mean, you can, Pilates is allowed
24:20
to be a sense of enjoyment.
24:21
But I'm very strict with my exercise and eating
24:26
and like I'm very in terms of like healthy eating.
24:29
Yes, maybe the partying side of things
24:31
I could chill out on a bit in the weekends.
24:34
But like I'm very, I feel like I,
24:36
I, it's inflows like these big times of the curve.
24:39
Play hard, work hard.
24:41
Work hard, play hard.
24:42
But yeah, I am,
24:44
but is, but is nutrition an exercise?
24:49
We're very fit.
24:50
So, so let's have a look at the chocolate bar philosophy, right?
24:52
Let's have a look at it.
24:53
Let's, let's, let's, because I want to be able to put,
24:56
put the meat around categories, right?
24:57
Put things into our pillars.
24:58
So the chocolate bar philosophy is looking at the idea
25:02
of a Mars bar.
25:04
When I was in total frazzle, someone said to me,
25:06
you need your life to be more like a Mars bar.
25:09
You need to find a balance of work, rest, and play.
25:12
Is it the chocolate, the caramel and the new?
25:14
Is it the caramel?
25:15
Plays that plays the chocolate, rest is the caramel
25:18
and nougat is the work,
25:20
because that's like the boring part.
25:22
Agreed?
25:23
But there's the most nougat.
25:24
There's heaps of nougat in a Mars bar.
25:26
Yeah, just like your life is heaps of work, right?
25:29
Your life is heaps of work,
25:31
because people are really good, often, at work and home.
25:37
And, you know, exercise, it's a biological need,
25:40
sleep, biological need, right?
25:42
They don't really come into anything.
25:45
Work, exercise can be work rest or play, right?
25:48
So that's a bit of a, that's a bit of a chameleon one.
25:50
But, but what I realized,
25:52
when I was working with people in, in leadership,
25:55
this one day, I was going so far into my analogy.
25:58
So I was like, talking about the work and the rest
25:59
and the play, when we put it as like the new,
26:02
garbage caramel and the chocolate,
26:04
they're not equal ratios.
26:05
You just said the new guy is the biggest bit.
26:07
They're not equal ratios.
26:08
But when you have a bite of a Mars bar,
26:11
it's yummy, because everything is there.
26:14
So I'm not saying to you that you need your ratios
26:17
to be exactly the same, right?
26:20
Everything just needs to be present.
26:22
They're never going to be exactly the same
26:25
in any phase of your life, right?
26:27
It doesn't matter, life is phases, you know?
26:29
There are times where we have more elasticity
26:33
or spaciousness of time,
26:35
and then there are times where we're really under the pump,
26:37
right? There's seasons, whatever.
26:40
But work, because work also is responsibilities, you know?
26:44
So when there's kids, there's more work, right?
26:47
There's no doubt about that.
26:48
There's lots of things that sort of come into the work banner,
26:51
but it's about saying, okay, I know in order for me
26:56
to do my best work, if I am frazzled,
27:01
then I'm operating at, you know, 50, 60%,
27:05
80, 70%, but I'm grinding, right?
27:08
When I am rested, I am inspired.
27:11
I am thinking well, I am joining dots and I'm on fire
27:16
and I'm creative and I'm engaged
27:19
rather than dragging myself through, right?
27:23
And when you are on this, on this,
27:25
like the trajectory that you're on,
27:26
it sounds like there's a lot of excitement
27:29
and passion for what you're doing,
27:30
but is it a adrenaline field?
27:33
Is it cortisol field, right?
27:36
Is it this away from motivation,
27:38
which is this has to freaking work,
27:42
because I don't want to be a failure,
27:48
or is it I am so excited and inspired
27:51
that this just keeps me going?
27:53
And if there's no right or wrong,
27:54
it's like, you know, I can go to the gym every day
27:58
because I love feeling strong and vital
28:00
and taking care of my bone health
28:01
or I can go to the gym every day
28:03
because I hate myself and I think I'm disgusting.
28:04
I'm still going to the gym every day, right?
28:07
Yeah, it's the motivation, right?
28:09
It's the motivation.
28:10
And I think which we do.
28:11
I think that's quite poignant.
28:13
I think earlier this year for context,
28:16
I've not raised money for the first time for the curve.
28:19
We raised $1 million.
28:20
It was amazing.
28:21
We pretty much died.
28:23
That was amazing.
28:24
That was, yeah.
28:26
It was very, really.
28:27
But I came on reflection, finances stress me out.
28:31
Like we were literally like running out of money
28:35
and I was like, oh my gosh, this whole dream,
28:37
this whole thing we had for the curve
28:38
is going to be an absolute disaster
28:41
unless we sort this out.
28:42
So I poured my heart and saw as it stood soft as well.
28:44
We bolted it into ensuring we get through this math
28:48
the next milestone so the curve could continue to be a success.
28:51
Now I feel like we're still so busy
28:56
and your days are chocker.
28:58
But it's a different, like I feel it's an exciting stress
29:01
if that makes sense.
29:02
And again, I'm kind of like, okay, cool.
29:04
I think it would stress me out more knowing if I didn't,
29:07
saying I was going to have a family
29:09
and not having that financial supportive blanket
29:15
because I had, I don't know.
29:16
Yeah, I think there's, for me, money stresses me out a lot
29:20
and personally, and I think that was kind of
29:25
on reflection probably what?
29:28
Spend me into a bad stress, not a good stress.
29:31
And I can see that now and I'm a lot more conscious of that.
29:34
That's such a good insight back.
29:36
And yeah, but it makes so much sense.
29:39
Yeah, and then I think, and even with myself,
29:42
or personally, and I see my back belt's getting quite long,
29:45
I'm like, you know, and it's like,
29:47
and it's like, no, no, it's fine.
29:48
I mean, what's 16 point of play?
29:49
And it's like, it's, yeah, I think it just,
29:51
it consumes me to a point that I,
29:55
that it's unhealthy, that it's unhealthy.
29:56
But now I know that I don't even want to get back to that place.
30:00
But for me, I feel like there's two different stresses
30:01
is what I'm kind of saying.
30:04
100%, you know, I mean, and there's actually probably
30:07
like 50 direct stresses, right?
30:08
But, and so, you know, if you're going through a breakup
30:13
or you're worried about your relationship,
30:14
or you're worried about your child's health,
30:16
or if you're worried about your parents' health,
30:18
like if there are definitely different stresses,
30:21
but you know, burnout can happen in all of those contexts,
30:25
right?
30:26
And I know that feeling, you know,
30:28
I was a solo mum with no money on my own in the bank,
30:33
when my, I was a stay at home mum with no money on my own
30:36
in the bank, when my first marriage ended.
30:38
And I was like, shit, I've got a two-year-old and a four-year-old
30:41
and no job.
30:43
I was a TV producer prior to that.
30:45
And I was like, well, I'm not going to go back
30:46
doing 16-hour days in the studio or whatever.
30:48
What am I going to do as the primary career
30:51
of these two kids and pay a mortgage?
30:54
Yank, I get that, I get that stress.
30:56
And the, the adrenaline and the cortisol of survival
31:01
is real, you know?
31:03
It really is real.
31:05
Sometimes, though, Vic, when we are in this like survival,
31:12
when that need is gone, we don't know how to switch off.
31:16
So we're still in this like,
31:18
we're still in this like,
31:19
God, I'm so, because I never want to be there again.
31:22
And you're never going to be,
31:24
and you're like, that's, you know?
31:25
To say that.
31:26
Yeah, so the things that you did to survive,
31:29
you continue doing it, you go, you're surviving.
31:31
Yeah, they weren't.
31:33
So it's like, yeah.
31:35
Yeah.
31:36
Is there still so much fear around being there again?
31:39
I also want to touch on what's so exciting about
31:41
like that entrepreneurial, like,
31:43
necessity to always think that you have to be busy
31:47
or like, stressed or like, hungry.
31:49
And kind of, it's something I've tried to grapple with as well,
31:53
because it's like, you see, this is a terrible example,
31:58
but like, Elon Musk, for example,
32:00
like, built one of the most incredible businesses in the world.
32:02
And I doubt he was sitting there going, you know,
32:05
I need to look after myself.
32:06
I need to make sure I only work nine to five.
32:09
I need to, and I'm not saying he's the poster child at all.
32:11
He's had like, how many children, how many women,
32:13
and you know, he's,
32:14
I don't know, he was a tyrant.
32:15
Yeah.
32:16
He's sort of a boss and all that I get at.
32:17
But I'm like, if you want to achieve greatness,
32:20
then there's some things you have to sacrifice as well.
32:23
And so that's the thing I also grapple with.
32:24
Is that, who says though?
32:27
Who says?
32:28
Well, I just, I mean, this is the thing, right?
32:30
Is that, is that, is that the, is that the, you know,
32:33
there's the sizzle, the sausage sizzle we've been sold?
32:36
Well, like if someone else will do it, otherwise.
32:38
Then you have to, you know, that's my,
32:40
Who can you do this and that?
32:43
Does it have to be this or that, right?
32:46
So that's, that's what I'm suggesting is, you know,
32:49
if we look at, if we look at rest, right?
32:51
I don't mean you need to be taking a two hour nap every day
32:55
in the middle of your workday.
32:56
What I'm suggesting is, restorative activity,
33:01
which is 30 seconds to two minutes,
33:04
five minutes, 10 minutes if you got it.
33:06
But if you don't, can you take yourself
33:09
from this heightened elevated stress day,
33:13
even if it's good stress?
33:14
It's a good day.
33:15
So busy got some.
33:16
I should do, gotta go, gotta go, gotta do, do, do, do, right?
33:18
How do you get from that to, I'm just going to,
33:23
regulate my nervous system for a moment.
33:26
I don't know why I said it like regulate.
33:28
I've never said that ever before.
33:29
I'll accept, never say it like that ever again.
33:31
Regulate your nervous system with like some simple
33:36
restorative activity to bring yourself back
33:39
to this neutral space.
33:41
So if you imagine yourself like a can of Coke, right?
33:46
And when you get up in the morning,
33:47
you're all like, you know, calm.
33:49
And then throughout the day,
33:51
just shaking the can, shaking the can,
33:52
shaking the can, shaking the can.
33:53
So you get to the end of the day,
33:55
absolutely exhausted.
33:57
It's really easy to like just blanket, right?
34:01
So you're like, okay, how am I going to calm my can down?
34:04
I'm going to have my neck a half bottle of wine, you know?
34:07
Maybe I'm going to eat a box of chocolates
34:10
or whatever it is because you just,
34:12
and binge watch some Netflix because I'm shattered.
34:15
What if you got to the end of the day regulated
34:20
because throughout the day,
34:21
you've had these little tiny pops,
34:23
these bites of restorative activity
34:25
to bring your nervous system down again to neutral.
34:30
Could you do that?
34:31
So it's this and that, right?
34:33
Your diary hasn't changed.
34:35
You're still, you're still chocolate like you said before.
34:38
But you have little pops throughout 30 seconds, you know?
34:44
And the people who say I'm too busy
34:46
to take 30 seconds to regulate my nervous system,
34:49
other people who probably need it the most, you know?
34:52
Breathing, box breathing,
34:53
with a million different kinds of stuff.
34:55
I've started doing that and I must say it is game,
34:58
game changing.
34:58
Hang on, minute, she's a convert.
35:01
Yeah.
35:02
So I'm not saying that you have to let go
35:05
of your entrepreneurial dreams in that you can't push
35:08
while you've got the capacity.
35:09
I'm saying add this in to increase your capacity
35:15
before you push beyond capacity and it all goes to shit.
35:19
I've kind of touched on so you became a life coach
35:22
almost accidentally.
35:25
How did your journey to becoming a life coach, you know,
35:28
shape particularly your views and your path
35:33
to financial freedom?
35:34
Because for a lot of our listeners,
35:36
myself included, finances stress me out, you know,
35:39
like that's the one, number one cause in New Zealand
35:42
for me to own this.
35:43
And so, you know, what, what sets of view point in place,
35:46
particularly from your life coach, I speak to ensure
35:49
that you're on your way to financial freedom.
35:52
It's actually often cited as the number one cause
35:55
for burnout is our financial burnout.
35:59
So for me, I mean, it's any entrepreneur's story.
36:02
You're right.
36:03
So can I ask quickly, is financial burnout
36:06
when you just all of a sudden they don't care
36:08
about your finances because you've cared too much,
36:11
you're all of a sudden just through caution to the wind
36:13
because you're like, I can't be bothered caring
36:14
about this anymore.
36:15
Like it's financial burnout quite different
36:17
what we've just been speaking about was similar.
36:20
I don't think that there's a cut and dry answer to that.
36:22
I think that it would look different for all sorts of people,
36:24
but I think it's that the stress of the financial stress,
36:29
the ongoing financial stress for a prolonged period
36:32
leads you to this feeling of hopelessness.
36:34
Nothing is going to change.
36:36
And you feel like there's a lost and bereft kind of like
36:38
everything's fucked, it's all fucked and un-fucked, you know,
36:41
that's the heart of it.
36:45
Thank you.
36:46
The clinical diagnosis.
36:48
I'm fucked, no.
36:49
So, you know, my, I don't know if it was my journey
36:53
as a life coach that taught me financial freedom,
36:58
you know, it's the same story as anyone
37:00
with their own business.
37:02
It's been iterations and trial and errors
37:06
and there's been flush quarters where I'm like,
37:10
oh my god, I'm rolling in it.
37:12
And then there's been, you know,
37:13
the following quarter that sucked hard.
37:15
And I'm like, oh my god, I'm going to die poor.
37:18
But I think that there has, you know, my, I remarried
37:22
and my husband and I made a conscious decision
37:26
that we were going to grow our wealth
37:31
and be savvy and educate ourselves
37:35
and take what we had and make it more
37:40
and make it stable and sustainable.
37:43
So I think that was the thing is like choosing
37:47
to do something rather than be passive about it,
37:51
just allow, allow our finances to happen.
37:54
I think that that has, I mean, it's,
37:58
it was the choice to do something differently.
38:00
And so, you know, the first thing we did was
38:03
pulled our self-managed superfund,
38:07
pulled our super into a self-managed superfund
38:11
and got savvy about investing that
38:14
and then sort of moved into other ways
38:19
that we wanted to invest or, you know,
38:22
so that we had a broader investment strategy
38:27
that wasn't just relying on one thing or hoping
38:31
that, you know, both of our entrepreneurial businesses work.
38:35
But I'm really fortunate because my husband is really savvy
38:38
with investing like, you know, he's got a business
38:43
that it's all about teaching people
38:45
how to invest in shares, becoming aware what to look for
38:51
in stocks, becoming aware of, you know,
38:54
how to manage your own portfolio
38:58
with you've got a thousand dollars or a hundred thousand dollars.
39:01
So, you know, I think it's been an ongoing process
39:06
because, you know, it was 10 years ago,
39:08
I was on the absolute bones of my ass
39:11
and it's been a 10 year thing to having financial freedom.
39:16
I think, I think even just looking at finances, you know,
39:20
I've worked in, I've been in the number of business masterminds
39:24
and when people are asked what their figures are,
39:26
there's a lot of people or women in particular who are like,
39:30
I don't like looking at their figures.
39:32
And I was one of those and, you know, like, I still am one of those.
39:35
I don't love it. I don't.
39:37
But it's something that we need to regularly.
39:40
It becomes less scary.
39:44
Yeah.
39:46
Yeah.
39:47
The money conversations,
39:48
they're something that we've harked on about
39:50
and trying to change as well.
39:52
Because I think there's also this perception
39:53
that your friends got their shit sorted and the more people...
39:56
No one has their shit sorted.
39:58
When you talk to them,
39:59
when you realize, yeah, no one's got their shit sorted.
40:01
So let's all be upshits creaked together
40:04
or let's all help each other.
40:05
No, we don't want to be upshits creaked together.
40:09
No, but you know it's like...
40:10
No, it's not that, you know, okay.
40:11
Let's support each other about turning around the canoe and the river.
40:15
Then...
40:16
It's so funny hearing you try and do analogies like this.
40:19
I know exactly what you're trying to say.
40:21
So I'm just going to take over here.
40:22
I'm picturing everyone just chaos on the river.
40:25
It's like, let's all jump in the same canoe
40:27
and let's turn around and go back down the river together.
40:30
It's kind of, but we're not going to know.
40:32
Let's help each other paddle.
40:34
Yeah, let's help each other paddle.
40:35
There you go, yeah, okay.
40:36
Okay, it's in my brain.
40:37
Yeah.
40:38
Happy to have you.
40:39
No, I do love a metaphor.
40:41
Hey, there's so many other things
40:42
that I would have loved to chat to you about.
40:44
But because we're really honouring our boundaries here,
40:46
it's time to wrap up this conversation.
40:48
But if anyone that would like to find...
40:51
I feel like that was a really good, like,
40:53
fear position for us.
40:54
So sorry, that's what you're like.
40:56
You're just like, yeah, audience is like,
40:59
okay, get to the buy-and-stuff.
41:01
But anyone who wants to find your work,
41:03
you know, purchase your book,
41:05
where can they find you and what are the,
41:07
kind of, direct channels to get in touch
41:09
whether that's working with you personally.
41:11
Let's do a little promo.
41:13
Thank you so much.
41:14
So you can find me at denielcolle.com.au.
41:18
The book is the chocolate bar life.com.au.
41:21
You can purchase, if you're in Australia,
41:23
you can purchase directly from me
41:24
or you can buy from Amazon.
41:26
Wherever you are,
41:27
you can also find me on Instagram.
41:29
I am denielcolle, if that's your jam.
41:32
But, you know, just the same touch of free chocolate bar.
41:36
It does.
41:37
In Australia, it does.
41:39
It comes with Mars,
41:40
which I had a conversation with Mars
41:42
and they gave me 800 bars.
41:44
So, yeah, I can't guarantee the integrity of it
41:48
if I send it internationally.
41:50
So, I mean, we could do an experiment by all means.
41:54
Maybe we should start a book
41:56
so called the tequila financial freedom theory
42:00
and then just get some tequila.
42:03
I was thinking we could do just the something
42:05
to the finances and send them all on it.
42:06
Yeah.
42:07
I, you know, I straighten that.
42:08
I mentioned that.
42:09
We just get a big donor
42:10
to give us a hundred pounds
42:12
or a hundred dollars from that by the book.
42:14
Just contact the Reserve Bank of New Zealand.
42:16
Oh goodness, guys.
42:17
Down to the boundary.
42:18
Cut it off, like, oh, I respect your boundaries.
42:21
Thank you so much.
42:23
Thank you so much.
42:24
I'm never going to eat a Mars bar
42:26
at the same way again.
42:27
No?
42:27
Well, I'm going to be analysing it.
42:29
Actually, you're going to get a caramel
42:30
and your chocolate in, guys.
42:32
The new guy is important,
42:33
but the caramel and the chocolate
42:35
create the perfect mouthful.
42:42
Don't you think when you hear her talking about
42:45
all of the signs for burnout?
42:48
It's very translatable to any kind of stress.
42:50
So, you know, whether it's a relationship
42:52
burnout, whether it's financial burnout,
42:54
whether it's there's so many different things.
42:57
Yeah, we're burnout.
42:58
Yeah, just there's so many different, I guess, triggers.
43:03
Look how good I put it, yeah.
43:04
But I think what I found really interesting
43:06
is the main thing she said is when you cast so much,
43:09
so when you've thought about something for so long,
43:11
we've put so much, you get to the point
43:13
where you're actually a bit exhausted
43:15
of caring that you kind of like,
43:17
okay, I don't care anymore.
43:18
I have to tap out because I just don't have capacity.
43:21
You don't see joy in it.
43:22
You don't, yeah.
43:22
And that's everything she was saying.
43:25
I was like, oh my gosh.
43:27
Yeah, yeah.
43:28
I think that the reason it's not talked about enough
43:30
is because stress in today's society is expected,
43:35
whether that be in work relationships, personal life,
43:38
but not the point where it's impacting your mental health,
43:41
your relationships, your physical health,
43:43
your all of those things.
43:44
And so having come through the other side,
43:47
I mean, I know this is still something you're working through,
43:49
but you're definitely not in the thick of it anymore.
43:52
Yeah.
43:53
What are some of the things that you've implemented since
43:55
and then now are still trying to work towards
43:58
that have massively helped ease that load
44:01
of financial burnout for you?
44:03
Yeah, there's probably like four things on reflection
44:06
that helped me, I think, firstly,
44:09
and I kind of touched on this in the intro,
44:10
it was like putting it in perspective.
44:12
For me, I was spiraling in terms of like,
44:15
oh gosh, you know, what if,
44:18
what if the business doesn't succeed?
44:19
What if we do run out of money?
44:20
You know, and you start spiraling and it's kind of reversing
44:23
that and putting in perspective and going,
44:26
okay, if it doesn't work out, we had a great run.
44:31
I don't know, and it's like, you've still got your knowledge,
44:33
you've still got your skills,
44:34
you've still got all the stuff that you've learned,
44:36
trust yourself that you can find other ways of making income,
44:39
you can be dynamic and diverse,
44:41
and you know, you started this with a side hustle,
44:44
you know, or pivot, it's almost just trust your brain,
44:49
trust your skills of like, you'll be okay,
44:51
give survived this far, and you will get through this.
44:55
If we were to think about that in relation to people
44:58
who aren't in business, so people with families
45:01
who are feeling overwhelmed with financial stress,
45:05
is a translatable thought process.
45:08
Okay, let's look at what you're doing,
45:10
let's look at your skills,
45:11
let's look at how you're making money,
45:13
you can reverse engineering, you can mix it up, you can change it,
45:17
there's, you're not stuck in the cycle of what you earn,
45:23
the amount of your expenditure, it's,
45:25
yeah, that's fluid, like there's, yeah, there's,
45:27
and a lot of people might be saying, oh my gosh,
45:29
but I've tried and I've got to the point now where I,
45:33
you know, I can't cut back anymore,
45:34
I can't do anything to improve my income,
45:37
and I think that kind of comes to my second point,
45:38
which is just ask for help.
45:42
I was like, where is asking for help?
45:44
And like support, and the biggest thing for me was,
45:47
I got tunnel vision, and it was the curve,
45:49
the curve, the curve, the curve,
45:51
and I would bail on friends, I would, you know,
45:54
not call my family back.
45:55
I was just like, every hour of the day,
45:57
I just need to be like focusing on business,
45:59
and that was the complete wrong thing.
46:01
I think it's leaning into your friends,
46:04
talking to them, being open to them about what's going on,
46:08
because you even know they may have been a similar situation
46:11
and have advice for you.
46:12
But also things like, I got therapy,
46:15
which was great, but again, it got back cost money,
46:17
so you might not be in the position to do that.
46:19
If you aren't, journaling's a really good free way
46:22
of waiting through your thoughts and emotions
46:25
and what you're feeling.
46:27
Things like reaching out to banks, for example,
46:30
and saying, hey, can I pause my payments on ex-wise ebbs,
46:32
or saying if you have got a contractor
46:35
or someone that's doing work for you,
46:37
be like, hey, can we pay you next month?
46:40
You'd be surprised how flexible and helpful people are
46:43
if you explain your situation.
46:45
It's not a sign of weakness either.
46:46
We had contractors and we were like, look,
46:48
can we actually pay you in two installments
46:50
starting the end of the month?
46:51
And they were like, no worries.
46:52
And it was just such a like, oh gosh, okay.
46:55
We can still grow and do this thing
46:57
without having to worry about paying for it just now.
47:00
And like getting our CFO, like he was amazing, you know?
47:04
She's, sorry, chief financial officer.
47:07
So someone just to help look at the numbers
47:10
and do, it's just helping support.
47:15
Don't try to do this on your own
47:17
because I saw many other people may have been through it
47:19
but also people are here to help
47:21
and it doesn't necessarily cost money.
47:23
I was about to say, even our CFO,
47:26
when we first chatted to him,
47:28
he was helping us for free, you know?
47:30
And that's not to say you don't have to pay people
47:31
but I think be more open-minded
47:35
that not only can help come in very different ways.
47:37
It doesn't have to be financial.
47:38
Even just someone saying, look, I'm happy to look after your kids
47:41
for an hour or a week or whatever that looks like.
47:44
You just never know unless you ask.
47:46
And if it was reverse and someone came to me
47:49
or came to us and asked for help
47:51
and was, you know, explained the situation.
47:53
Yeah, we'd be like, of course, that's fine.
47:55
If we were in a financial position to say that, that's fine.
47:59
Then of course, we're willing to help.
48:00
So I think, but I think this whole,
48:02
I'll figure it out myself.
48:04
I'm scared to show vulnerability and weakness
48:09
in terms of asking for help, which it's so not.
48:12
It's just going to fuel the problem, yeah.
48:15
The third one would be I really,
48:18
and this kind of came from therapy
48:20
was to think of your life as a bucket
48:23
and what's filling your bucket
48:24
and filling your cup whatever analogy you want to use
48:27
and making sure that's balanced.
48:29
And for me, it was so not balanced.
48:32
Like I said, I was canceling plans with friends
48:35
and all that, but also for me, it was about physical
48:38
and mental well-being as well.
48:40
So for me, fitness and going for walks
48:42
and just clearing my mind is so, so, so important.
48:45
And obviously, that was an extra hour
48:47
that I could work on the business
48:49
and figure out this financial stress.
48:51
So I would cancel on all of that, yeah.
48:55
You're done with that.
48:56
So and then that just, yeah, that's not a good idea.
49:00
The idea that if you have all of,
49:01
it's almost of, like,
49:03
finance and investing.
49:04
It's like if you have all your eggs in one basket,
49:06
it's quite dangerous because sometimes
49:09
even something as simple and free as a walk for 20 minutes
49:12
where you think I'm not going to think
49:14
about my financial stress in this 20 minutes.
49:16
And every time you do, you go back to things like,
49:18
okay, I'm going to feel what it feels like
49:20
to have my feet on the ground.
49:21
I'm going to focus on my breath.
49:23
I'm going to really try and be present
49:26
and remove yourself so that you can calm your nervous system
49:29
so that you're not 24, 7, thinking money, financial stress
49:33
because that is unhealthy for anyone.
49:36
It doesn't matter how you sleep.
49:37
And then it eats into your energy levels
49:40
and then you eat terribly.
49:42
And then it's just a whole spiral.
49:44
But the last one and probably the most important
49:48
and a hindsight, I just can't believe it and do this,
49:51
is having an emergency fund for the business.
49:53
We did have one, we drained it.
49:56
And was on the process of building it back up
49:58
and that's when we kind of went into this,
50:00
I went into this financial stress situation.
50:03
So, but it makes so much sense.
50:05
It's a backstop.
50:06
If you're whether it's your personal life or your business
50:09
or anything, if you have a backstop,
50:11
what it does to your psyche is unreliable.
50:13
I've never, even now, I mean, I sprayed my ankle,
50:17
sprayed, I sprayed my ankle.
50:19
I sprayed my ankle every day
50:20
and I this morning had to get an Uber into work
50:23
and I've had to be getting so many taxis.
50:24
And there's been a couple of times
50:26
where I'm like, okay, this is a work experience,
50:27
but this morning, it wasn't.
50:29
And I'm like, oh, I don't want to go and send 10 pounds on it,
50:33
but that's fine because it's not going to have a counterfall.
50:36
But that's your emergency fund or if you find a whatever you want,
50:39
you can build it up again,
50:40
but it's important to have that backstop to know
50:43
when something goes wrong, which it always does,
50:46
you're not just waiting for it to happen
50:49
and thinking, what am I going to do when it does?
50:51
Yeah.
50:51
And I think this came back to our CFO,
50:54
our chief financial officer, helping us out as well.
50:56
And we've put limits in place that if we ever got near
50:59
or close to that level,
51:00
let's say that's when we will have a plan
51:04
rather than, oh gosh, now we don't have any money.
51:08
And I'm not saying I feel like making the curve sound
51:11
like it's in a bit of a financial pickle, but it's not.
51:13
It's more, we've now got a backstop,
51:16
we've got a limit, we've got so that we have a buffer
51:19
and emergency fund so that no one ever feels like this ever again.
51:24
But I think if we were to extrapolate that out
51:27
into people listening who maybe don't own businesses,
51:30
the best thing that you can do before you go
51:33
and invest too much money is actually to put money aside
51:37
every way for your emergency fund, 100%.
51:39
And honestly, yeah, this has been,
51:42
I've built this now into my budget
51:44
where I have an amount that goes into an emergency fund,
51:47
it's a constant, so because the thing is,
51:49
I'm always going to need to draw from it,
51:51
so it's not just, I've done my emergency fund,
51:53
I can wash my hands and that's that,
51:55
because the thing is, you know, at the moment,
51:57
I'm dipping into it.
51:58
So I'm also constantly pouring into it.
52:01
And I think at the moment our investing club
52:03
is ready for more intermediate investors
52:07
and something that we're working on at the moment,
52:09
so if you're listening to this
52:10
and you kind of don't even really know where to start
52:12
when it comes to personal finances
52:14
or how to arrange things in a certain way
52:16
so that you can have enough to invest
52:18
or have enough to go into a few emergency fund,
52:20
that's something we're working on at the moment.
52:22
So in the next few months,
52:24
we will have more content and resources to help,
52:28
but hopefully some of those tips that we shared
52:30
were helpful and if anyone does have any stories
52:32
of financial burnout that they do want to share,
52:35
we'll put a link in the podcast show
52:38
and it's that has our hotline as well as,
52:40
so you can send a voice note if you want to
52:42
or you can write it into us,
52:43
because I do think sharing these stories
52:45
and particularly for you,
52:46
that as someone who people would look at
52:48
and just think she's totally going to stuff together,
52:50
she knows everything.
52:52
But I think that that's really important because...
52:55
We're all human, we all stuff up every now and then
52:58
or life doesn't go to plan sometimes.
53:02
But you're not a failure if you're going to financial burnout
53:04
and I think that it's just about pulling your resources
53:08
together, taking a bit of a deep breath, resetting
53:10
and getting yourself into a healthier place
53:12
so that you're in a better position to make decisions
53:16
that are going to impact you in a more positive way.
53:18
So, thank you for sharing.
53:21
I know that was probably a bit hard to talk about,
53:23
but also thank you to Danielle Colley,
53:26
loved all of the things she shared
53:28
and if you do want to check out her book,
53:30
we'll put a link in the podcast show notes.
53:32
Thank you so much for listening to Raising the Curve.
53:34
These conversations are designed to teach you
53:36
everything you need to know to be better with your money,
53:38
saving, to investing, to talking with your friends
53:40
about your salaries or that stuff.
53:42
And if you like what you've heard,
53:43
we would love if you could please hit subscribe
53:45
wherever you're listening and leave a comment,
53:47
let us know what you thought about the episode
53:49
and it only takes one second and it would really make our
53:52
week a month, our year.
53:53
Yeah, yeah, so please do it.
53:55
Okay, love you, bye.