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We talk financial health with Hellinger Financial's owner, David Hellinger. There are a lot of similarities and tie-ins between our financial health and our physical health.
If you want to transform your life with nutrition and fitness, there are no shortcuts. You need a sustainable plan: the right mindset, and the knowledge and inspiration to stoke the fire within. Just like the Phoenix, you can burn your old habits, never turn back, and emerge anew.
Brandon: Welcome fire within community.
This is the fire within podcast, where
we talk about everything, health,
fitness, and nutrition related.
I'm your host, Brandon
with my cohost, Joe.
Hello, today we have a
really special guest.
We have David Allen juror with
LPL financial, and we haven't
done anything on financial health.
And I think there's a lot of tie-ins
with our physical health and our
overall health and wellbeing.
So we're super excited to have you today.
Welcome David.
Hellinger: Thank you.
Brandon: Yeah.
Tell us a little bit about
yourself, what you do.
Hellinger: Okay.
I am a financial planner
here in Cary, North Carolina.
I've been doing this for about 18 years.
I work with all sorts of clients who
are determined to hit their financial
goals and we work together, create a
financial plan, execute that plan on an
ongoing basis to make sure that we hit.
Not only the Target's financial
aid, but most importantly, the
values and goals that they have.
Yeah.
Brandon: That makes a big difference.
Now, do you work more on the
retirement planning side or just
in general with managing finances?
Yeah,
Hellinger: that's a good question.
Ah, yeah.
Because I work with individuals
and families, it is really
focused on goal based planning
and that can include returning.
It can include education, cash reserves,
what they need to be doing to to
buy a house, refinance their home.
It doesn't matter if it's
got a dollar connected to it.
We want to know about it so that
we can help guide them to make
good decisions along the way.
I oftentimes tell my clients that
we know it's working well when let's
say a couple talks about something
they want to do financially and
they think let me run it by Dave.
And if they do think that way, then
oftentimes it can be really powerful.
Advocate and partner with them.
So
Brandon: for instance, if Joe wanted
to get a motorcycle and after another
motorcycle, after his wife approves
it, then maybe you could say, Hey
Dave, can you look at our finances?
What we have coming in, coming out
and say, can I buy this motorcycle
without it effecting, paying off
dad or whatever other goals you have
Hellinger: precisely.
But I ask
Joe: if you would write a note
to my wife saying, okay, that.
The sort
Hellinger: of service you offered,
Joe, I will not write a note to
your wife without meeting her.
That's what it would take.
It's stepping it's of course it's
that, but it's stepping back and
seeing how then it integrates
with everything that they do.
Brandon: What are some of the most
overlooked items that people don't
consider when trying to make a,
Hellinger: that one's really easy?
It's a proper Castro.
Yeah, no question about it.
Yeah.
If you could rewind time, if
I could do one thing, changing
financial family's lives that's
different than they already have.
It would be to have three to
six months of their casts of
what they need and cash reserve.
If you can think about it all
sorts of situations can happen.
Murphy's law as another famous radio
personality likes to say Collins
Brandon: Murphy's law says never
play leapfrog with a unicorn.
That's my favorite quote is
Hellinger: exactly on my wall in college.
And you are going to like lose a job in a
recession and that's just how that goes.
And you are likely to have your
stock portfolio, maybe even your bond
portfolio do go down in a recession.
And if you're having to pull from your
stocks and bond portfolio, because you
didn't have any proper cash reserve
or having to draw from your 401k and
take a penalty because you're not old
enough yet, or pay taxes, if you are.
And aren't.
Those can be really devastating.
And people overlook that people with a
good financial situations, oftentimes
look at Cassius, something very boring.
And although it is, it's also very.
Yeah.
Brandon: Now, if we're trying to
figure out three to six months,
it is it as simple as taking
your S your salary for the year?
And let's say if you want six months
dividing in half and saying I need
to save half, or is it more complex?
Oh,
Hellinger: That's a good shortcut, but
of course it's more complex than that's.
What a good, deep dive
financial plan will help us see.
Yes, what's essential.
What's unnecessary in your expenses.
What could be cut if things
get tight, if things get tight
Brandon: or is this down to Starbucks cups
of coffee and Chick-fil-A drive through
Hellinger: what you consider essential?
Yeah.
Brandon: Yeah.
Hellinger: Yeah.
So those are keys, those are
keys and clues into the depths
of where we can go with clients.
There is no limit to what
we'll talk about for now.
Because if you do it right, and
you do it comprehensively, it
has a good chance of working
Brandon: now.
When you first work with somebody,
is there any kind of assessment or
things that you're trying to gauge
before you start creating a plan for
them and what is included in that?
Hellinger: Yes, of course.
You have to have a willing
participant, a written plan.
You don't execute is worthless.
Brandon your businesses precisely,
they say exact same thing, right?
How many people walk by
the gym and daily basis?
And so if you you have to have
some dedication, you also have
to have an advisor who fits you.
And so that's a big part of my
process is making sure that how
I am and the way that I am works
with who you are and the way you.
That we see eye to eye because my
job is to be a guide and to teach.
And if you don't like the teacher, then
you need to go find one that you like.
Brandon: you ever start noticing
financial habits with clients that are
like super cringy and you just want
to be like, dude, what are you doing?
And shake them?
Hellinger: Occasionally I think
the key is to have the courage
and the leadership that today.
The particular idiosyncrasies of the
individual is I try not to be too judgy.
Brandon: Now.
I'm a huge fan of a lot
of the Dave Ramsey stuff.
And I know there's pros and
cons and some people love it.
Some people say it's nonsense, but
clearly it works for a lot of people.
And I know a big part of his thing
is this whole debt, snowball idea.
Paying off your regardless of the
interest, weight rate, whatever the least
amount of debt loan or debt you have
pay that off first, get that momentum.
Do you suggest a similar model?
Is it different per person?
And then what are just your
overall thoughts on that?
Hellinger: I think this might
parlay quite well into a bit broader
conversation about what we both.
In, in this answer and
here's what I'd say.
First of all, who am I to
to ridicule Dave Ramsey?
He has been effective and
a wonderful communicator.
Decades and has helped many people.
He has his critics.
I'll have my critics.
What I would say is you need to pick
a system and you need to stick to it.
I've had for example, I've
had dogs my whole life.
I grew up with them.
I've never, I've had two years
of my entire life without it.
And so because of that, because I
have lots of dogs or over the years,
people will ask me how, how is it?
You get this really well-trained dog?
What is it?
What technique would you recommend?
And here's what I always say.
I say, go to the bookstore, or do or
online and pick a training method.
And don't vary from that training.
No, that's,
Brandon: that's huge.
And that reminds me of people
used to ask me all the time what's
better the machines or free weights.
And I used to be really dogmatic
and I'm like free weights for it.
And I do think there's more benefits,
but in the end, it's what will you
actually do on a consistent basis?
If you're super intimidated by dumbbells,
you don't know how to properly use
them and you get injured or you just,
it's going to keep you from walking
through that door, then do the machines.
But that's a huge point
and something to consider.
So what can you consistently stick with?
That's
Hellinger: right.
That's right.
And that's why you spend all the
time that we spend getting to know
each other as clients so that,
those recommendations are sticky.
I'm much more interested in it
happening than it being theoretically.
Correct.
Joe: A big part of what Brandon
talks about on the show.
It's gotta be sustainable, a sustainable
plan and a big part of that for him.
And when he talks about is really
follow the rules 80% of the time,
but then life's gonna happen.
There's gotta be like a 20.
Flax.
And I think that's so important for
people when it's like work a plan.
Is there a similar thing
in a financial plan?
If it's too strict, does it fail?
Like we mentioned Starbucks earlier
as a joke, but for some people it's
my plan says I can't have Starbucks
Brandon: or our mutual friend, John,
he's not going to give up bourbon.
It's just, it's not
Hellinger: going to happen.
A strict plan works.
Disciplines, strict people, a loose
plan is for someone who, maybe needs to
course correct on a more regular basis.
I think that one of the keys to
financial planning is getting up
more times than you fall down.
It really thinks that's true.
And there will be mistakes
along the way and setbacks
Joe: but there's another similarity
in that I know that we've talked
about this a lot when let's say you're
having an off day or your cheat day.
Some people, one of the previous
guests called it the, oh fuck.
It's like I made a mistake.
So I'm in it now I went from
a sandwich order, a pizza.
Yes.
Gave me a six pack.
Like we happen.
It's happening now.
I have to imagine that
happens with spending
Hellinger: that's right.
Yeah.
Yeah.
What is the phrase in for
Pence in for pounders.
Along those lines.
And so you do have to be a little bit
cautious about those sort of things.
Joe: And it's Christmas time.
So that's probably a good season for that.
Hellinger: Yeah, I think this is
why we spend so much time with
principle based financial planning and
understanding someone's principles.
So if they're violating their
own principles, my job is to
hold up the mirror and say, you
said this was important to you.
It doesn't really matter.
What's important to me.
It doesn't matter all it's
it's following your own plan.
Joe: That's a principle in therapy too.
Like reminding somebody that what you're
doing is violating what you said you
wanted to do versus this like a dogmatic,
like we're in the Dave Ramsey camp.
We're in the other
Hellinger: hand.
Yeah.
Yeah.
You know this, this is the part
where we, where I say that, I've
been working with Brandon Musk
myself, as I trained with him.
And one of the reasons why I like working
with him so much as he gets us into.
We allow enter into the day and I'll
say, Hey, listen, I'm feeling this.
Or I really want to work out this
w this part or be careful here.
And any shapes that day along shapes
that day for me, but also, Far
beyond where I would go by myself.
Brandon: We've got some good times.
I still remember that dumbbell
drop set for shoulders.
It was pretty rough.
A good time stuff.
Joe: Yeah.
I work out with him too.
Whenever he says we're
going to try something.
I like, oh no, he's
we're going to do this.
And it was like, by the end,
we both wanted to throw up.
Maybe that was a little hard.
Brandon: We were programming month, three
of the course that's coming out next year.
We're going to pair this one back,
nobody knows he's going to do this.
Hellinger: Everybody's different.
I'm pretty competitive.
You throw something at me
and I want to accomplish it.
And other people, if you throw
something too hard, they're
gonna quit before they start.
So I think that's probably, customized.
So
Brandon: what we settled on was having
two options, like this beast mode go
for it and this intermediate type thing.
So we'll have two options.
Yeah.
Yeah.
Hellinger: It's no different what I do.
How fast or slow do you want to go?
That's really is up to you or.
Make sure it's short and
meets your your goals.
I was
Joe: curious, we talked about having a
three to six month fund, and I know that
always changes, but I found a NBC article
about this year's percentage of Americans
that have less than three months.
What do you
Hellinger: guys think it has
presented to Americans that
have less than three months?
Most of us
Brandon: let's say I'd say 80%.
Joe: So I think it's gone
down and then back up.
So right now, CNBC has it at 51% of
Americans have less than three months
worth of emergency savings, which is
weird because I've always heard like
70% don't have a thousand dollars.
So I don't know how they're
calculating emergency savings,
Brandon: meaning they
have no debt or just the
Joe: money set aside.
I think it means that they
have money that they could use.
Hellinger: For
Joe: three to six months of
Brandon: expenses, whether it
be to pay off debt or if it's
just sitting in another account.
Yeah.
Yeah.
I guess your debts would count as
expenses as you pay the monthly yeah.
Okay.
That makes sense.
Hellinger: That's that's
better than nothing.
Yeah,
Joe: I guess.
Okay.
So then the same article says
that one in six households report.
Less than a thousand dollars, which, okay.
So how does that make
Hellinger: any sense in six?
So a one in 600 Dyer of the
Brandon: 49% roommate.
Okay.
That makes sense.
Yeah.
Hellinger: I heard the savings went up a
Joe: little bit with the pandemic.
Hellinger: Yeah.
Savings rate.
Skyrocketed.
If you look at charts of savings
right now, that's includes.
A lot of things, not just individuals.
But yeah with all of stimulus money,
PPP loans, EIP loans, et cetera,
state savings rates skyrocket
to a historic figure in 2020.
Brandon: Now just an advisor
like you, do, you do the research
behind what companies would make
sense to invest in for Joe Schmoe?
No offense, Joe doesn't have time to do
that kind of research or if it's like me.
Don't
Hellinger: care.
Yeah.
Yeah, of course we make recommendations
in all aspects of their lives.
And as I said in the beginning, if it
has a dollar around it, we want to know
about it and recommend what they do.
And then of course we'll include assets
that the man that they want to invest,
Joe: yeah, I have, I'm a money guy
and basically the way he did it was he
asked us what we were comfortable with
and where we wanted to spend our money.
And that was a conversation
about our comfortable in, with
risk, how comfortable we are.
And then that helped him formulate a plan
on how much to put in safer things and
how much to put in more risky things.
And so basically, Stocks
are the more risky things.
And so it carved out like a percentage
to put in individual stocks and
he would email me all the time
and I'm like, I don't just buy it.
I'm not going to read your email.
I don't know what that company has.
I'm not going to do research
at that, but I know that you
are, and I feel good about it.
And that makes me feel good.
And that's why I have to answer that.
Yeah.
Hellinger: Yeah.
That's right.
And so what he's doing and any
good advisor's going to do is.
And make sure that you have the risk
you're taking it's is a risk that you'll
tolerate now the best that we can surmise.
You can't know all things, how
long is the average retirement now?
How long do you?
I, a couple that that lives, that is
60 at 65, a couple has a probability
of one of them living till 91.
Those are this.
65 to 91 math.
Wow.
So that it doesn't mean that a 65 year
old has licensed pendency of 91, but it
means that collectively there's a chance.
And there's probability.
And we're looking at 30, sometimes
40 years of retirement planning.
Yeah.
Wow.
I've
Joe: wondered before I've had
this thought crossed my mind.
I get to sit on a lot of different
podcasts and some of them have
to do with financial matters,
but it seems like generationally.
If you look at my grandparents generation,
they surprised the depression and like
the money that they needed for retirement
feels like it would last forever.
Cause they'd never spent money
on anything, but now you've
got new generations coming.
Different spending habits.
And I wonder how different
that's going to make retirement.
Look for people like think about the
millennials who are categorized as
spending their money on experiences.
They'll save up their money for
experience, experiences, cost money.
And that's not a thing that.
It was just somebody in a
previous generation would
have prioritized or valued.
And so Yolo that people in younger
generations are going to require much
more in their nest egg for retirement,
or are they just going to keep
Hellinger: working?
Yeah, maybe some combination of both.
Yeah.
I can't say I know all of the spending
habits of that demographic and I've heard
the experience before I will tell you
that the the baby boom generation, which.
For many, probably many of the listeners,
they're the ones hitting retirement
Joe: now,
Hellinger: which right.
Yeah.
They're pretty good spending
they're out of there.
Pretty good.
So it's their parents that
were really good at saving.
And it is requiring significantly more
for the baby generation to retire.
And so if, perhaps culturally that's
passed down then you could get
more and more challenging because
the question, the balance is.
The size of your retirement bucket with
how much you spend on a monthly basis.
There's this golden ratio, if you will.
I'm not trying to tease this out there.
There are some, obviously some variables,
but if you if you have multi-millions
but spend millions per year there's
a good chance that you spend through
those multi-millions and if you.
A fraction of that.
But you're frugal, but
you're quite frugal.
Then you may ever spend your
money and everybody's different.
Everybody's going to, that's a really
Brandon: good point.
So people go, huh?
He's a millionaire.
He lives in a million dollar house,
but he spends it as he earns it.
Then I guess that's part of that.
Yeah.
All right.
So you can be at a mansion, but
have I guess it's still an asset.
So part of your net worth, but
Joe: it's only an asset
if you owe some of it.
That's true.
If the bank owns all of it.
Hellinger: I I always tell when
we talk about what wealth is with
clients, I always share these
two stories and they are true.
I have a couple We're teachers.
And at 20 years old, they graduated from
local state school that became teachers in
the school system here in North Carolina.
They bought a house on a 15 year mortgage.
They paid it off.
Before they finished their 30
years of teaching at age 50 51,
they were able to walk away from
teaching with full pensions.
Those two combined pensions were more.
And the income that they had as a family,
excuse me, that they were spending.
The investments that they'd made beyond
their pension, into their retirement plans
because it's North Carolina offers a 401k
plan to was above and beyond their needs.
So when they retired, they were
able to spend their pensions and
allow their 401k to continue to
grow from 50 to 55 to 60 to 65.
Now they're receiving social security,
the money that they don't need and
the, their assets are 10 X of where
they were when they retired and
they don't need a red cent of it.
That is very wealthy client now.
I'm not saying that they're the
client with the largest net worth
in my practice, but they are
amongst my worst wealthy clients.
I had a client you'll
understand why he's no longer.
It was a couple, but he was
a surgeon of certain type.
I don't want to identify him
just kiss, but he still lives
in the area and implants.
Brandon: I have no idea.
Hellinger: He was making about $850,000
a year and he had to entertain a
job in the middle of the country,
which he and his spouse did not want
to go to making an extra 20% or so.
And the affirm where he'd have to
work a lot more because he could
not keep up with his lifestyle.
And if he were to lose his job
or get sick, he would be Sol
within six to eight months.
Wow.
So he was not wealthy.
Yeah.
And though he had a very nice
house and he had some retirement
assets that were more significant.
Prior couple those are just really
the opposite ends of the spectrum
of what wealth is and is not
Brandon: the overall theme I'm
getting is frugality makes plays
a huge role in wealth balance
of balances that maybe a better.
Yeah, that's good.
Cause nobody likes the word for gala.
Hellinger: I don't think it's important.
Just balanced.
It's understanding that there's
some of you for, some of your money
must go to the federal government
and you don't not pay them.
Yeah, you'll find out what happens
if you don't pay that bill, right?
Yeah.
You'll also get to find out what happens
if you don't pay your retirement bill.
Yeah.
So it's just a longer it's Brandon
it's absolutely no different than your,
than the work that we do together.
I do with you, right?
The consequences of not working
out a time, we'll live in.
Joe: One of the things I plan on telling
my kids when they get old enough to listen
or hear this is the importance of having
somebody like a David Hallenger because it
used to be a little bit simpler on paper.
I think work for one company, retired
golden watch pension, but now people don't
work at the same job for longer than.
Three four years.
So actively managing your retirement is
something that needs active management.
And if you're not wired that way yeah.
And you can employ the services
of somebody that is wire that way
and partner up with that person.
And so that you can
have that same benefit.
That our uncles and grandpas and
aunts had when they had their
retirement party and the gold watch.
They got that pension, but
we're not seeing pensions.
That's not a thing that we're
going to experience, or our
kids are going to experience
Brandon: it.
Wasn't free for them.
It was being taken out of
their check every single month.
So we just have to be
disciplined to do that
Hellinger: ourselves now.
Yeah.
Penn, the the baby boomers or the
generation where some of them still
have that in any of them do not.
And so the ones that do not
have a tendency to teach.
And in part on their children and then
their children's children to, to perhaps
a plan a little bit for yourself.
But if you have a pension and you have
social security that it's given to you
by a company has a lot easier or retire.
Yeah.
Joe: And when you get into it,
you can think, oh, that's scary.
That's things that change.
But if you're actively managing
it, you've got a lot more choices
than somebody that just has their
company managing their pension.
Hellinger: But we are humans
and we have a tendency to.
To make a lot of mistakes and
sometimes those handcuffs can be good.
And so what we do is
create fake handcuffs.
You trick yourself into doing the
right things over a period of time.
Yeah.
Brandon: One fake handcuff that I've
heard of is there's there's types of
investments where you're not allowed
to take it out until the maturity date.
If you do, there's a heavy
penalty, and that penalty decreases
each year that you leave it in.
Do you think that's a good vehicle?
Hellinger: I would have to see
what you're talking about, but many
I'm hesitating here because that
sounds perhaps like a very good
sales pitch for an investment
that might not be a good idea.
I'm not saying that it is but
the ones that I know that have
long-term surrender charges are
often oftentimes poorly applied.
Two individuals.
So I would tell you the best one with
the penalty is our our 401ks and IRAs.
There is a 10% tax, additional tax
penalty to withdrawal early withdrawal.
And that's not a good idea.
And if you and most logical people
understand that is something to avoid now.
So it helps with compliance as well.
But why do, if they do withdraw, why do.
Emergencies and back to the one.
So if you have three months, I could
Brandon: change that three
months bringing that full circle.
Now we're a habit based show.
What are some really good financial
habits that people should have as they
work to get out of debt and build wealth?
Yeah.
Hellinger: Yeah.
As if you've listened to this,
you could hear that I take.
Maybe, perhaps a psychological
philosophical approach to the
way that I work with folks.
So I have a motto in my practice and
that is a to thy own self be true.
And I think that is a regular
way to implement that is to have
a regular conversation with the
decision makers in your life.
And so that's a spouse or a partner that's
helping you make financial decisions.
Do it regularly.
If it's in, in working with someone
like me, who is who is going to
help you write a financial plan
on a regular basis and look at it
and have true conversation yeah.
On a regular basis scheduled maybe
even like the dentist, right?
You, as soon as you leave the
dentist's office, the next
one is scheduled and skipping.
Those are not a good idea.
That's a very important.
Key thing.
We have a tendency to respect
what will be inspected now.
And if your partner is going to inspect
a you and your partner are going to
inspect the credit card statement
on a regular basis, for instance,
and you might have a tendency to
behave a little bit along the way.
Yeah.
So that's, I think that's a big
one and there's all those smaller
things that we can do but it's
regularity is probably of the.
Brandon: Yeah, that makes sense.
Now I want to switch gears a little bit
about to your personal habits and health.
So I think in your category, I tell
you this all the time, you've gotta
be like in the top 1% for fitness.
Do you mind sharing your age?
Yeah.
And you are regularly playing soccer.
I do.
You can do pull-ups.
You could do mud runs.
You can push a pretty serious weight.
You look like you're healthy.
What are some of the things
that you've done in your life?
What are the habits you put in place
to get you to where you are now?
Hellinger: Okay.
First of all, I guess I'd say thanks.
I don't know if you know whether.
Title.
I minutes argue, arguable, but
I will tell you, I guess I make
sense to tell you my story.
I, I've always cared enough about
my health and physical activity
and sports have always been part
of my life and I've never not.
I've done those.
And those are like inadvertent
exercises, you're playing a sport.
I don't, you, soccer requires you
run, and a fit enough to to kick a
ball and you have to have strength,
but I've had ups and downs in my
own personal journey and health.
And they included some
somewhat low points, when I
was younger and I would start.
Heavy or not in shape, I would
do what a young guy would do.
Is it just go out and you
exercise like crazy and and,
drop the weight and get back fit.
But that slowly dissipated.
And eventually I found
myself in a situation where
my cholesterol was growing.
It got higher and each time
over the course of three or four
years, it got higher and higher.
Each time my, my doctor would say
maybe we should put you on a low
blood pressure lowering medications.
And I'm like no, I'll fix it.
I'll fix it.
And I'd go work out and come back
and it wasn't getting any better.
So I late finally realized that
nutrition was the big part of it.
And this is causes lots of controversy
for many people, but it worked for me and
I decided to move to a plant-based diet.
And that basically means whole
foods that are grow out of
the ground that you can see.
Have nutritional labels on them
as the basis of what I eat.
I try very hard to
maintain and stick to that.
It's try to stay out of the middle of the
grocery store, try to keep animal products
out of my diet for medical reasons that
are beyond my ability to pontificate,
because I'm not an expert, they're there.
I have my reasons and.
I did it.
I actually the worst cholesterol reading
ever, I asked my doctor if I could come
back in three months and he said, oh,
sure, but it's not covered by insurance.
And I said, don't worry about it.
I want another blood test.
And I went on a strict plant-based diet.
Started working out every day,
came back three months later and
dropped my cholesterol by 80 points
on my two good triglycerides.
I don't know, 40% all the good
cholesterol up all the bad cholesterol
down and it hasn't changed since.
Yeah.
Brandon: I think has tremendous
value to plant-based approach.
For most people I personally
recommend some animal product.
Cause I think it's tough to hit
certain nutrient markers, but
there's absolutely no nothing to
say that a plant-based approach.
Can't be done well.
I think you're an example of that
and it depends on the individual.
But we know that the prebiotic fibers
of indigestible portions of plants
are going to attach themselves.
It's going to help your microbiome
fiber attaches itself to sugar,
shuttles it out of your body.
So it's helping your insulin levels,
which is also gonna help your cholesterol
inadvertently cause sugar is the
basis of a lot of cholesterol issues.
And that's what damages the
arteries a lot of times can also
be fats and oils, especially canola
oil, soybean oil, trans fats.
Hellinger: Aye aye.
Aye.
I've eliminated oils from my diet and
I try to limit the amount of sugars.
Complex, complicated,
complex carbohydrates.
Brandon: Yeah.
So by increasing the amount of plant-based
fibers in your diet, that's going to
help your microbiome, your gut health.
That's going to lower your cholesterol.
Improve your insulin, which will
probably improve estrogen for men.
That means less man, boobs or
moobs, and it's this whole approach.
So I love a plant-based the center
of any diet and then how many animal
products on top of that I think
differ from individual to individual.
Hellinger: Absolutely.
And I'm not here to get anybody
to do the way that I do it,
but I definitely worked for me.
And the reasons why I work with
you is it's accountability.
So there are.
We work out Mondays and Thursdays,
there are many Mondays and maybe
a fewer Thursdays that I just
don't feel like working out.
And I just don't feel like working out,
but I have a scheduled appointment.
And so I drive my self over and we
start working out and by the end
of it, I'm so glad that we did.
And so that's that
accountability is very important.
And I tried to do that
in many aspects of it.
Yeah.
Yeah.
Joe: I feel that too.
I have the same thing.
Often times I feel like working out
in the morning and then as it gets
closer to the workout, I'm like, Ooh,
Hellinger: yeah, I'm getting old too.
So things are starting to hurt.
Brandon: And yeah, so we try and he paid
cruisy corrective exercises in there too.
Of course, some days we focus
more on stretching, which is fine.
That's right.
Now do you have a favorite meal?
I
Hellinger: guess?
Yeah favorite meal that I eat,
or family or meal that to donate
Brandon: your favorite healthy
meal or your favorite cheat meal?
Hellinger: Yeah, my, my mother is from
New York and although she is not a full
blooded Italian, she has some of her
in her and she likes to cook Italian.
And so every time there's a lasagna
spaghetti meatballs, anything along
those lines, my mouth absolutely waters.
That's absolutely what I think
about in my dreams, my birthday
dinners, anything that's in, in that
wheelhouse tomato sauce type of thing.
And it's got spaghetti's pastas
things along those lines.
But for me it's a, the best way.
And the way that I like to eat is
I, on a weekly basis, roast a ton of
vegetables, put those in the refrigerator,
create a nice salad, put that in the
refrigerator, critic, bean salad,
put that in the refrigerator and then
chronic create a veggie being grain bowl.
Each and every meal and I can vary a lot.
It's kinda like we have
a place around here.
Cava is like having COVID
Brandon: slam holy cow.
Hellinger: It's like having that
grant, if you went in and ate through
all of those selections and made
yourself and maybe a little bit too
much more of this, a little less of
Brandon: that tons of veggies,
a whole bunch of different types
of messes they have, right.
Rice.
So
Hellinger: that's basically how I.
Brandon: Yeah.
Yeah, I liked it.
And they have a like a lavender lemonade.
That's just amazing.
Probably a lot of sugar, but
Hellinger: yeah.
And we only drink water and coffee.
Yeah.
Brandon: That's good stuff.
What's your favorite types of exercise?
Hellinger: Oh yeah.
I'm a guy, so my love, the glamour
muscles, I guess that's part of it.
And then, yeah.
I'm a soccer nut.
So if you can get me, I don't
even feel like it's actually.
Yeah,
Brandon: let me and Joe, are we always
we both freaking hate working legs.
Do it.
Cause it's important.
Who likes
Hellinger: like crazy people.
Brandon: Like I'm like,
yeah, no, it doesn't.
You're a masochist.
Joe: And I feel like the guys that are
always like leg day are trying to convince
themselves this is what they should do.
Hellinger: Yeah, it's a big muscle
mass busy, big muscle groups.
You've got to have it, but God,
Joe: none of us really wants
like super like muscles.
Like it's not the cool muscles,
like we're wearing pants,
Hellinger: yeah.
I'm trying to give her a member
that can keeping my muscle mass
over time is what's most important.
So it doesn't really matter where.
Brandon: Now everybody's
we're headed into new years.
This episode will air just a few
days before the new Willa it well,
all what are the top three things
you would tell somebody to increase
either their physical health or their
financial health or a blend of both?
Yeah.
Okay.
Hellinger: I'll sound like a bucker
record, but I do it's because I, in
over 18 years I've seen them work.
So have a plan, have a real plan.
That's gonna work, whether that's
nutritional exercise, financial.
Take the time to write a financial plan.
There's an old Harvard study.
Prob Joe, you do possess all time.
Have you heard, how many times have you
heard this they take these Harvard kids.
They find out who has a plan who has
written them down the right, the have
a plan crowd is something like 15%.
And the write it down.
Crowd is something like
I get to get this wrong.
2%, 3% something on those lines.
And then they check on.
Because it's Harvard, they know where
these people landed and what jobs they
have and they solicited for donations.
Of course.
And the have a plan crowd is twice as
successful as it not having to plan crowd.
And the written plan crowd is
something like five or 10 times
more successful than anybody else.
And because it's an active document,
it's a living, working document.
So that's advice.
Number one start with Mickey,
but simple do not try to, Rome
wasn't built in a day, et cetera.
The first step you gotta eat
an elephant, in certain your
metaphor just start simple.
And then I think probably the last
thing it really is, it's more between
the ears, but most of financial
planning is to thy own self.
Be true, really make sure that you are.
Doing things that align with
what you love, what you value,
what's important to you.
. Be true and follow yourself,
follow your true heart.
And and it'll have a
much higher probability.
Yeah.
Joe: I looked up that study.
You were talking about, so
it's a 1979 Harvard study.
And in 1953, Yale study exact same things.
, 3% of the class had both written goals
and concrete plans that was close on that.
And that 3% of people
made 84% more money than
Hellinger: the rest of the class.
So it wasn't 10 times we
asked definitely anymore.
It was significantly
Joe: more.
Yeah.
And that study in both cases was 10 years.
Hellinger: It makes sense, right?
I really don't like resolutions
and it's gym gets more crowded.
You get, I'll get a bunch of calls from
people who don't plan to do anything.
I'm not a big fan of them,
but if it reminds you of the
long-term planning that you need.
Good.
Yeah.
Joe: And maybe that's part of the secret
is coming up with a plan and writing it
down instead of a new year's resolution,
which is usually or something just super
generic that you don't tell anybody.
So this one says that 90% of
new year's resolutions fail
Brandon: and I think they probably start
off with super lofty goals without a
plan in place for health and nutrition.
You want to lose weight?
Okay.
How are you going to do it?
I don't know.
Work workout eat less, right?
Hormonally.
How do you work out?
What works for your body?
So a financial planner is, can be
that written plan for the finance,
because I don't understand at all.
I don't like investing for me personally.
I don't get it.
And I'm super glad there's people that do.
So if one of your new year's resolutions
is to get your financial house in
order it'd be, it would behoove you
I've never used that word before.
Joe: It sounds very holiday
like put on your, you log.
Brandon: You'll be hooved.
He used that word before.
I don't think it's
Hellinger: natural.
Brandon: But I think it'd be a good
idea to have a financial planner.
If you don't if you don't have
one we'd love for them to be able
to get in contact you with you,
what is your contact information?
Hellinger: Sure.
I can be found on the web.
I've got a website, Helen juror financial.
You can look me up there.
I'm also on Twitter.
Facebook page.
And perhaps in this podcast, we'll
put some on my contact information.
Yeah.
We'll put it in the show notes for
Brandon: you.
I think you should buy the domain name.
What the hell injured.
Can we make
Hellinger: that?
That sounds marvelous.
Yep.
Brandon: Cool.
And I think that's where
we're ending the show.