Need To Read Instead Of Listen? (episode word for word)

Are You An O.P.P Part 1 Transcript

[00:00:00] AttiQuewa: Hey, welcome to the three-part series called, are you an O.P.P now, if you're new to me and you don't really know what O.P.P. Means, and I don't mean the song in case you're old enough to know what that song is. For us over here, it means over-thinker procrastinator, and perfectionist. Now when it comes to money,

[00:00:20] O.P.P. Gets in the way a lot because there's so many factors being thrown at us. Right. So I'm going to break this down for you. Oftentimes people become overthinkers when it comes to their money because they've been doing so much research and the day and age of social media, where everybody has the right way of doing stuff, they're trying to research what that person is telling them research with the other person is telling them, going onto Google and YouTube university and trying to go through all the details and trying to figure out, okay, what is.

[00:00:52] The best option for me, you have so much to go over, and you kind of just sit and overthink about everything that you have [00:01:00] just learned and obtained, right? Then you become a procrastinator because out of all the research you have done.

[00:01:09] You don't know what to do with it. So you sit there stuck because you have analysis paralysis. Person a is telling you, you need to pay off all your debt before you invest person B is telling you, you can actually invest and pay off debt. At the same time, person C is saying, oh, you actually need to have money in your emergency fund first, before you invest.

[00:01:28] And now you just sitting with all that information and you have analysis paralysis, causing procrastination. Then we have perfectionism because oftentimes we are the first people in line to say, you know what? Financial literacy stops with me. I need to make sure that I go down the perfect path to make sure that my kids are taken care of. My family doesn't need for anything. My parents will be good when it's time for them to retire.

[00:01:54] And because you are putting all this pressure on yourself, you're trying to make the perfect decisions, [00:02:00] which don't necessarily exist. Right. Oftentimes, you don't find your quote-unquote perfect path until you've made some decisions or you've made some steps in a direction and you realize, oh, you know what, this actually doesn't work for me, but I can do this the other way. And I think it's going to be the right decisions for us. Not necessarily perfect because there is no such thing.

[00:02:21] And a lot of times that perfectionism leads us back to procrastination because we are still sitting in that. What is it that I'm supposed to do? What is the perfect path and that analysis paralysis kicks in again, right.

[00:02:34] Does any of this sound familiar? Like, do you relate to any of what I just said in the O.P.P. Breakdown? Because if you do, I want you to continue to listen because, in part one, we're going to talk about tips to minimize your money overthinking. And then in parts two and three,

[00:02:50] we're going to minimize money procrastination. And money perfectionism. So. In part, one of how to minimize your money [00:03:00] overthinking. The first thing I'm going to do is tell you to clear. Your slate. Okay. Empty your mind of everything that you think, you know, because more than likely your information hoarding and you don't even need half the stuff, that you're

[00:03:15] even holding on to right. You know, a lot of times people don't realize that your money journey is a lot of take what you need and leave what you don't. And a lot of stuff on the internet is mostly things that you don't need, but you're still holding onto. So the first thing I'm going to tell you to do is to.

[00:03:37] Clear your slate. Okay. Let's start from scratch. It's okay to break down old systems. It's okay to walk away from old mindsets. It's okay. And a lot of times taking that step back allows you to propel yourself so many steps forward. So once you clear your slate, right. I want you to figure out what is first off your money, personality. [00:04:00] Are you more-so of a passive money personality,

[00:04:02] or are you an active money personality? What that means is, for example, I'm passive. I want to be as hands-off with my money as possible. I want to spend the time upfront to create systems and let everything run on its own. And I may have to take a couple of hours a month to tweak some things, or just to make sure that everything is running smoothly and active personality is someone who wants to be hands-on all the time.

[00:04:28] They have to know everything to a tee. Listen, that's exhausting, but there are people who are like that out there. And if that's you. Go for what you know. Okay. So once you determine if you are a passive or active money personality, I want you to find no more than two to three people in the finance space that fit your money personality. Because if you're someone who is a passive money personality, right.

[00:04:55] And you want to create systems. You want to be as hands-off as possible,

[00:04:59] but [00:05:00] if someone is telling you, Hey, Every day for 30 minutes, you need to sit and study your transactions. You need to sit and audit all of the things that you've done today, every single day for the rest of your life. It's more than likely not going to work for you because that's not the type of money personality you are. You need to find someone that says, Hey,

[00:05:21] I'm going to show you how to make this system. This system is going to take some time upfront. So be prepared for that. However, if you build it right the first time, you just need to tweak and manage it as time goes on.

[00:05:35] Another example is

[00:05:37] if you are a passive money personality. You're going to want someone that says, Hey, you know what? Instead of you. Looking at investing in individual stocks all the time. Let's go ahead and figure out what index funds actually work for you the most and work for your goals because index funds are passively managed.

[00:05:59] [00:06:00] They are self-cleaning. They do all the work for you essentially. Instead of you having to investigate every individual stock in your portfolio. There are people who like that. I am not one of them, but you need to figure out who meshes with your personality and what you want to accomplish.

[00:06:19] It's kind of like someone who starting a fitness journey, right. There are so many people out there that say, you know what, if you're trying to lose weight, you need to minimize all of the carbs, no sugar, no bread, no potatoes, none of that. Okay. But if you're someone who likes those things, and you're not someone who necessarily says, you know what,

[00:06:39] I'm wanna lose significant weight in 90 days.

[00:06:41] I'm absolutely okay. With the journey being a little slower if that means. I get to enjoy my life on a day-to-day basis.

[00:06:49] You may want to find someone that says, you know what, it's okay to eat the things that you love. We just need to figure out what a system is for you to maintain that. I'm using me as an example.

[00:06:59] [00:07:00] I have started to do the calorie deficit. I like starches. I like carbs. I love all of the things. I like comfort food. And if you're telling me I can't lose weight, if I eat those things, listen, I guess I'm just going to be a little fluffy. Okay. But with the calorie deficit, I'm able to eat all the things that I want while.

[00:07:20] Meeting my weight goals every single week. It's the same thing. You need to find people who actually are doing the things that you want to do because you know, what's possible. It's that proof that it's possible to do what I'm trying to accomplish. And that way it minimizes your overthinking because Hey.

[00:07:39] She's a passive money personality. I'm a passive money personality. I like having fun, but I also want to make sure that I'm investing in paying off my debt at the same time. And she's actually showing how to build a system. Let me figure out how to do those things.

[00:07:54] Because it seems like if I can figure out a particular system that works for me, my current lifestyle, the [00:08:00] ideal lifestyle that I'm trying to build, and my goals that. This can actually be very possible for me without causing me to overthink and without causing me to stress out over finances because I found something that actually works for me and who I am.

[00:08:15] So to help you with minimizing your money overthinking. I want you to just. Throw away, everything that you think you know about, what you need to do to accomplish your goals. Figure out what type of money personality you are, and then figure out. Who is going to be a great resource for you? Based off of what you're trying to accomplish the lifestyle you're trying to build. And of course, the money personality that you are.

[00:08:44] And just a quick bonus tip. You may want to find other people who are also your personality in terms of the platforms that you're on. Right. So, for example, you may be someone who is [00:09:00] exhausted by everyday social media, if it's causing you so much friction to find someone

[00:09:04] that fits your money personality, because they're on a platform that doesn't work for. You. Look elsewhere. Look on YouTube, look on Pinterest, look on Tik TOK, wherever it is that you can handle information without being so overloaded with content.

[00:09:20] Now, if you found this helpful, feel free to text me. I do typically see my text messages and respond back. But be on the lookout for it. Tip number two, it's coming to you in the next couple of days, I look forward to continue helping you minimize your money. O.P.P.. I'll talk to you later Bye