In short
Money conversations and how wealth affects identity, emotions, relationships, and spending habits; also avoiding overreliance on others’ praise and staying mindful/frugal without becoming stingy.
Guest backgrounds
Jen Sincero is a bestselling author/coach (mentioned for her new book Make Money Easy). Lewis Howes hosts The Daily Motivation Show.
Key claims
People get uncomfortable with money talk, but discussing it openly and joyfully can be service. “Five-star” praise can be dangerous because it can distort self-perception. Wealth changes choices and reveals emotional/spiritual patterns. Celebrities often struggle when validation disappears. Mindful money use means abundance in some areas while avoiding needless overspending.
Notable examples
Sincero describes being “cheap” with herself (e.g., avoiding room service, searching for cheaper travel, refusing parking hassles) while spending $60,000 on solar but balking at a $15 wooden spoon. She says she started later in life to avoid “idiot” reactions to early accolades.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOLessons Learned Over a Decade
0:31 to 2:44
Exploring personal, financial, and emotional growth over the past 10 years.
“What has been the biggest lesson in 10 years?”
The Relationship with Money
2:44 to 4:48
Discussing the challenges and insights about handling money and spending.
“I'm still kind of the Italian immigrant's daughter who sort of pays attention.”
Talking About Money Openly
4:48 to 6:14
The importance of discussing money and relationships with it openly.
“There's a power in being mindful with your money and being, I would call it frugal, I guess, maybe, in certain ways, but abundant in other ways.”
Talking About Money Openly
6:20 to 6:36
The importance of discussing money and relationships with it openly.
“I have a brand new book called Make Money Easy.”
Transcript
Automatic transcript. May contain errors.0:00There is so much NFL on ESPN right now. Monday night football, plus pregame and postgame. NFL live, NFL primetime. Everything you need to stay on top of every game, every week. Unbelievable. And now NFL Network is on the ESPN app. More football, more coverage, more ways to watch. Football's on, all season long on ESPN and streaming on the ESPN app. Hi, my name is Lewis Howes and welcome to the Daily Motivation Show.
0:42What has been the biggest lesson in 10 years? Personally, physically, and financially. Oh man. Because when you get more money, more impact, more celebrity, fame in an industry, people change around you. Some people don't, some people do. Right. You get to make different choices with your health. Right. In positive or negative. Right. You have more abundance to do bad things or good things. Yeah. And you get to see how you show up emotionally, spiritually as well. Yeah, that's such an interesting question. You know, I definitely feel like I've gotten better and better. It really, this sounds cold, but like not caring what other people think about me.
1:20Like that is something that I'm really dedicated to right now where it's like the one star reviews and the five star reviews. You know, it's like, believe me, I'm so grateful anybody reads the book. But five star reviews are the real dangerous ones. Right. Where you're just like, I'm so cool.
1:35Jen Sincero:People think I'm funny and smart. You know, really getting good inside, like just being like, it doesn't matter as long as I think it's good and I think it's funny and I think it's helpful. That's it. So that has been really important to me because it is weird. I mean, I'm sure you too. Like people know who you are and it's like it's a little uncomfortable sometimes. I mean, it's great, too. Like I love meeting my readers, but it's just like I can't get too wrapped up in their opinion of me because it's about my opinion of me. So that's been a really big one. So not letting the opinions of others be the opinions of you about you.
2:09Yeah. Interesting. This really coming from you. The high hype and the low low. Yeah, definitely. Because you hear a lot about the low lows, like don't focus on the criticism, but you really got to watch it with the five star stuff, too. That's interesting. Yeah, because then if it goes away, you're screwed, right? You're totally screwed. I mean, that's why so many celebrities wind up in rehab, you know, especially if you... I always think about this, too, that I'm so glad, for me anyway, that it started when I was older.
2:33Jen Sincero:If I was 20, and I was getting all these accolades, I would be such an idiot. I know, like, no way. Oh, I'm really... I'm so grateful for all of it, my God. Yeah, that's personally. What about biggest lesson financially? financially i love giving money away like i didn't i really honestly never thought i was that generous of a person but i am but so i'm very happy to find that out about myself because i didn't really think that i was but also i was just making fun of this this morning with a friend of mine that i'm still kind of cheap with myself in ways like i'm not great at like i mean i have a nice house i have a nice car i certainly spend plenty of money on myself but i can just be like I'm not good at being rich and getting room service and spending.
3:15I'm still kind of the Italian immigrant's daughter who sort of pays attention. Not that that's bad. It's interesting. I have a little bit of that in me. Although in the last couple of years, I've started to learn how to take care of me with travel and food and convenience and saving time. Convenience. Whereas for, I don't know, the first five years of my business, I was making money. right it's like not like it didn't have money but i was so afraid to lose it also i was just stacking it every time i travel i would try to find who do i know this this town that i can sleep on their couch i'm not gonna pay 200 bucks a night for a room what are you talking about like yeah i can use that money and i can put it somewhere else yeah and i was always like how do i just get on the cheapest bus fare right how do i get like the middle back seat on southwest like how do i get the 39 yeah just sit there for six hours in the middle and just you know cram as opposed to, you know, convenience and saving time and having my health optimized and using it to do those things.
4:16So it's just work, work, work to make it, but I was afraid to lose it for a while. And also like the value, like I still, and I make myself do, but I hate paying for parking. I would rather drive, and we're talking like$2 at a meter. Like I'm so weird about that. I'm like, you'd rather roll on the block five times and try to find a police spot. Yeah, it's waste my time. Like it's so stupid. And I crack up. But I also have this thing where I'll spend$60 ,000 to put solar on my house, but I won't spend$15 on a wooden spoon. I'm just kind of funny catching yourself. There's a power in being mindful with your money and being, I would call it frugal, I guess, maybe, in certain ways, but abundant in other ways.
4:56It's like, be abundant in certain ways, but don't just overspend on everything because you have the money. Yeah, I guess. I know. Be mindful of certain things. Finding, you know, whatever level you're at too, you know, like when you don't have money, you also don't want to be pinched off and stingy with it. Like it really is about figuring out where you're at and how to stay in that abundance mindset and in the flow and leaving an extra dollar when you tip or whatever, you know, but just really catching yourself when you're pinching it off. Because it doesn't matter how much we're talking about, but it's that pinching off.
5:27If money is currency and currency is energy and you're pinching it off, that is not going to do well for you. Blocking it. Yeah. What was the big lesson about relationships in the last 10 years? People are still really uncomfortable with money. And I do feel like it's being of service to talk about it freely and openly and joyfully. And it totally turns people off all the time. And close friends. Absolutely. But taking a stand and doing it anyway. I have to be a little careful because it can be braggy. But again, like if I lost 100 pounds and I was telling you about losing 100 pounds, people would be happy for you.
6:02This is the same kind of thing. Like it's something that really is an achievement that helps me be healthy and happy. Yes. And why shouldn't I talk about it? And the fact that you're uncomfortable with it doesn't mean I shouldn't talk about it. Right.
6:20I have a brand new book called Make Money Easy. And if you're looking to create more financial freedom in your life, you want abundance in your life, and you want to stop making money hard, in your life, but you want to make it easier, you want to make it flow, you want to feel abundant, then make sure to go to makemoneyeasybook.com right now and get yourself a copy. I really think this is going to help you transform your relationship with money this moment moving forward. We have some big guests and content coming up. Make sure you're following and stay tuned to this episode of The Daily Motivation Show.
7:01Thank you so much for listening to today's episode of The Daily Motivation, and I hope you have an amazing rest of your day. If you enjoyed this episode, make sure to click the link in the description. That will take you to the full episode of our main podcast on The School of Greatness. And if you are loving The Daily Motivation, please follow us over on Apple Podcasts and Spotify and leave us a review over on Apple podcast right now. And if you want more exclusive content and ad free listening experience, make sure to subscribe to our greatness plus channel on Apple podcast right now. And if you want to get even more inspiration from our world class guests and learn how to improve your life and take it to the next level, then make sure to sign up for the greatness newsletter and get it delivered right to your inbox over at greatness.com slash newsletter.
7:51Again, have an amazing day and I'll see you tomorrow with another episode of the Daily Motivation Show.
8:20Jen Sincero:keep begging for. Why choose just a few looks? With our prices, just get them all. Burlington. Deals. Brands. Wow.
From the publisher
Leave an Amazon Rating or Review for my New York Times Bestselling book, Make Money Easy!
Check out the full episode: https://greatness.lnk.to/1492DM
Jen Sincero reflects on her 10-year journey, sharing profound lessons in personal, physical, and financial aspects. She emphasizes the importance of not letting others' opinions define self-worth and the challenge of navigating both criticism and praise. Financially, she discovers the joy of generosity but acknowledges a lingering frugality with personal indulgences. The interview touches on the significance of openly discussing money to break societal discomfort and the power of maintaining an abundance mindset.
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