The School of Greatness - The 3 Keys to Building Your Wealth w/ Ken Honda EP 1331

Episode Date: October 12, 2022

Money and happiness expert Ken Honda is a best-selling self-development author in Japan, with book sales surpassing eight million copies since 2001. His latest book is called “Happy Money: The Japan...ese Art of Making Peace With Your Money”. Ken’s financial expertise comes from owning and managing several businesses, including an accounting company, a management consulting firm, and a venture capital corporation. In this episode you will learnHow to achieve wealth in a fulfilling way.The difference between Happy Money & Greedy Money.What kind of mindset you should have around financial goals.How to properly communicate with your money.For more, go to lewishowes.com/1327Check out Ken’s previous episode below!The Zen Millionaire On Creating Abundance & Financial Freedom: https://link.chtbl.com/1241-podIf You Want To Become Rich, Take These Steps w/ Jaspreet Singh: https://link.chtbl.com/1301-podHow Your Beliefs Are Keeping You From Being A Millionaire w/ Alex Hormozi: https://link.chtbl.com/1324-pod

Transcript
Discussion (0)
Starting point is 00:00:00 If you can control this greed in you that I need to have more, it's almost like you're brainwashed by marketing techniques. Welcome to the School of Greatness. My name is Lewis Howes, a former pro athlete turned lifestyle entrepreneur. And each week we bring you an inspiring person or message to help you discover how to unlock your inner greatness. Thanks for spending some time with me today. Now let the class begin.
Starting point is 00:00:34 Welcome back, everyone, to the School of Greatness. Very excited about our guest. We have the inspiring Ken Honda in the house. Good to see you, sir. Thank you, Luis. I'm so happy to be invited to this show and in real situation. Yes, in person, in life. Yes, not Zoom. I know. We did our first interview on Zoom and our community loved it and they wanted more. That's great. I'm excited to have you back on.
Starting point is 00:00:59 You have written a book. You've written many books, over 8 million copies of your books sold around the world. It's incredible. Your book that I love is called Happy Money, The Japanese Art of Making Peace with Your Money. This is going to be a book that everyone's going to want to read. But to dive into it first, I feel like a lot of people are afraid of money. A majority of people have fears, anxiety, stress, worry, their relationships struggle because of money and intimate relationships. And you teach people about how to have peace with money. Knowing that money comes and goes, it flows, and to be okay with that process of life. And one of the things I want to start with is, do you have an affirmation that you can give people
Starting point is 00:01:50 or that we can work on together to support people whenever they feel stress around money, that they can say this affirmation that will give them more peace? Do you have anything? Yeah, something like money is love. Money is my friend. Money can help me achieve my dreams. So whatever positive affirmations you can come up with, I think anything is good.
Starting point is 00:02:17 But I think money is my best friend is a good affirmation. When you worry about money, I would say money is love. So when you think in my head money is love, instead of money is a scary person, I think you feel a lot less stress. But how does someone, if they've lived in stress around money for their whole life, their entire life they've been afraid, how can they start to use that affirmation and how long will it take for them to start to believe it, to feel it? So I think you have to think back, look back on your relationship with money since you're five or six. We wake up to the reality of the world when we're around five, six, seven.
Starting point is 00:03:00 I used to be a volunteer at my daughter's kindergarten. And I asked one of the boys at the kindergarten, and what are you going to get for Christmas? And he said, no, Santa Claus is not coming. And I thought, oh, why? Why is that? And he said, because my parents are poor. Interesting. Oh, really?
Starting point is 00:03:24 Who told you that? And he said, my mom. Wow. So we are waking up to the reality when we are small. And then since then, we've had so many negative messages around money. So I have a fun collection of saying when I visited Europe a few weeks ago. Europe a few weeks ago, there's all the things that we're told since we are five or six, money, they don't grow on trees in America, right?
Starting point is 00:03:54 If you don't have money, you don't have a head. You know, that's a scary thing. So all those phrases keep telling us that money is not a happy thing. But when you start thinking, you must have some fun memories too around money. You know, a certain gift that you're so happy to receive and the scholarship or the happy money that you get from your grandparents or your parents or friends.
Starting point is 00:04:19 You know, they buy you for Christmas gift or birthday present. There is so much happy money in your life, but you forget because we are so overwhelmed by the stress around money. Right, yeah, maybe there was a trip you went on with a friend or family, you went on an adventure, and that money provided that memory,
Starting point is 00:04:36 that experience for you. Right, it was worth the money, right? There's a happy saying. Yes. So there are many positive sayings around money as well. And you grew up in Japan, is that right? And so in Japan, are people just as anxious and stressed about money as they are in America, or is there a different belief around it?
Starting point is 00:04:54 Yes. We have a different kind of stress, you know, because it's so interesting. In North America, when, say, your college buddies, right right after 20 years of graduation you bump into one another and you don't you don't ask each other how much do you make a year right in US no no right and in Japan we casually talk about it you talk about how much you make yes but in North America I think you're gonna lose a friend right if you bring that. Why do you in Japan, do people in the culture talk about money and how much someone makes more frequently?
Starting point is 00:05:31 Because I think how much you make is not as tied up with how much your worth is. But in North America, it seems culturally it's nothing wrong, but how much you have or how much you make equals how much you're worth so it's more uh taboo here but it's what's it's interesting is like when you grab your japanese uh you know friend and then ask him how many times you have sex he's gonna freak out right so in america people might talk about it more. Right. They will probably enjoy talking about it, right? So I think there's a different kind of taboos, which I really enjoy so much. That's interesting.
Starting point is 00:06:13 Now, with the culture of people just talking about it more openly with their friends or family, what does that do for the culture then around money? Does it make it less scary? Does it make it more effortless for people to work? What is that like? In China too, people casually ask you how much you make or how much money you have or how much- Strangers too or just friends? And also friends and also how much is the rent or how much does this condo cost? Like what's the weather today?
Starting point is 00:06:43 The Siri would answer you, right? So it's as easy as that. So in a culture like that, people are more open and they can confront themselves about what's working, what's not. But in North America, everything around money is such a taboo that it seems, because I've been listening to many couples in America, it seems like it's almost like a taboo for a couple to talk about money. It is. Unless something really comes up and it's like an eruption of volcano. Sure.
Starting point is 00:07:18 But you should talk about it long before the eruption. So do people in relationships or married people in Japan, do they talk about money pretty frequently? Do they talk about it before they get married? Is there stress around money in the couples? Of course, definitely. That's why my books are so popular in Japan. So it's the same, but it's a kind of different stress.
Starting point is 00:07:43 Gotcha. And in Japan, of course, you fight over money. But surprisingly, women are more in control of money. Really? Yes. I mean, probably like from American culture, guys control it. But actually, all my friends, you know, guy friends, you know, they are controlled by their housewives. They control the money.
Starting point is 00:08:07 Right. And they're given a certain, like, allowance money. The men? Yes. Are the men making the money and then giving it to the women and saying, okay, tell me what to do? Yeah. So one time I talked with a housewife in Japan, and she said, you know, I'm afraid of money. And I'm so worthless because I'm not making money. And I asked him, but who is financing the whole thing? And it's my husband.
Starting point is 00:08:35 So you are, you know, man, you are the business owner. He is a worker. So you get the fruits. The woman's the business owner. Right man is the worker as we say right interesting yeah and then she said yes i never know that you know i've never known so now i'm gonna make him work harder everybody laugh make more money for me yeah yeah right so it's a different kind of stress but it's so hard for us to really confront financial issues because we have so many emotions around money. It's universal. I love your point where you said in North America and America, most people tie their self-worth with their net worth.
Starting point is 00:09:15 Yes. Their bank account, how much is in there, how much they have, with how valuable they are as a human being. The quality of their character and how they add value in the world. Right. But in Japan, I'm hearing you say it's less that way. It's more people don't tie how much money they have with how good of a person they are.
Starting point is 00:09:33 Yes, and also like how many friends you have. Not on Facebook, I mean real friends. And also like school teachers are so well respected, for example. They're not making so much money, but occupations like that are highly respected. But here in America, it seems like there is not much respect for school teachers, which I feel so sorry about.
Starting point is 00:09:58 So if you make money, you're golden in America. But there must be some kind of criteria like how much you're contributing to the community or how much satisfaction you get out of work. But just numbers, they don't really translate into happiness. Well I think you see that in America where there might be a lot of people who have a lot of financial success. They have a lot of money but their relationships are broken. Their marriages fall apart. They don't feel good about themselves. They don't have fulfillment, right? Because it's
Starting point is 00:10:31 been focused just on money and not on service. How can I add value as well? So I think it's important to be aware that a rich life is not just about how much money you make. It's about how good you feel about yourself in your life, right? Exactly. I'm curious, what do you think are some of the beliefs that hold people back from keeping them to create the wealth that they want to have, from making more money? What are some of those beliefs that says, i'm not able to do this because why because we feel so unworthy for the abundance so uh it doesn't really matter how much money you make or how much money you have after paying all the bills you don't have much money left taxes bills Yeah. Right. If you make $30,000 or $100,000 or $1 million because the cost is going higher. Your lifestyle.
Starting point is 00:11:33 Right. And you used to have one car, secondhand car. Now you need Tesla and you need second home and third home. So you really have to see how to satisfy with yourself with less. And at the same time, you can have more. So you can have more than necessary. But the food prices are going up and the gas prices are going up. So we're almost like drowning in the sea of bills.
Starting point is 00:12:05 And then they're just going up, and then we're drowning in that. So instead of feeling overwhelmed by the bills, you can be creative and come up with ideas that you can contribute to the world. So by doing more contribution, you get more money. So if you are more creative about serving the world, serving other people with your gifts, with who you are, you can create the flow of happy money. And as a result, you can receive more money. And if you can control this greed in you that I need to have more,
Starting point is 00:12:42 it's almost like you're brainwashed by marketing techniques. And even though you're wealthy, you keep complaining about how much you don't have. Once I had an interview with a private jet owner, and I thought, you're such a big success. And he said, no, no, no, I'm just a small thing. Because when I pull over to this special terminal. It's a bigger jet. There's a lot bigger jets. Mine is so small, you know, it's only six people. So I feel so small when I pull over with my Mercedes
Starting point is 00:13:15 because they're just Rolls Royce and all the big cars. And then I feel so small. So you have to ask yourself, when is enough? How much is enough? That's when my Zen teaching comes in. You have to know who you are, and you have to know the right money container size. I think we're born with a certain money container size.
Starting point is 00:13:40 Really? What does that mean? And say, some people are not equipped with so much money, and you don't need so much money. So you can be satisfied with less. Like say if you're a school teacher, you don't need to have three Mercedes Benz, and you don't need to live in a big mansion. So if you feel like, oh, I don't need to make that much money, I know how to satisfy myself, and you can do that.
Starting point is 00:14:08 I live a rich, fulfilled life with what I make. Yes. Yes. So instead of just going pursuing wealth, you can find invisible assets, which I also teach about. I haven't really taught in English yet, but there are visible assets and invisible assets. And in fact, invisible assets are super more important than visible assets. What are some examples of invisible assets? Like friendship, trust, happiness, love, generosity, kindness.
Starting point is 00:14:39 All the great things in life are invisible, but yet people can feel it. things in life are invisible but yet people can feel it you know if you bump into somebody and if he or she is so kind you feel it yes so unfortunately generosity and kindness are not regarded as a great thing but I mean in North America I've seen news that people just you know do something right and then they turn their wallets to the owner, and they're happy stories. So people still respect. Honesty is another one.
Starting point is 00:15:15 So there are so many great assets that we have, but when we look at our lives, we evaluate to zero. So even though you have not much in your bank account, if you have so many friends, and if you have so many people that care about you, you're in heaven. Yes. But you look at your bank account,
Starting point is 00:15:40 and then if it's a small number, you get depressed. So you have to look at invisible assets, and you should be happy. And focus on the invisible assets as well. Yes, because I'm sort of joking. Even though you don't have any money, if you have more than 50 friends who let you stay for one week. You're rich. Yeah, and you can spend the whole year by visiting your friend. And after one year, you can go back to your friend number one and say, it's been a year.
Starting point is 00:16:08 How are you? I have a great friend. His name is Jesse Itzler. And for, I think, at least one year, maybe two years, when he was in his early 20s, he stayed on like 10 different friends' couches. He didn't have enough money to pay for rent, but he had friends that he stayed with that all of them are still his friends today. He's 50s. Yes. 30 years later, and he's an extremely successful business entrepreneur now, but he had a free place when he had no money because of his generosity.
Starting point is 00:16:38 Yes. His kindness, his honesty, his lovability, all those things, which are invisible assets. Right. Which turned into financial assets. Yes, yes. And talking about invisible assets and generosity, I so want to show my appreciation to American people. 30 years ago, 30-some years ago, I was 19,
Starting point is 00:16:57 and I made up my mind to explore this kindness factor in North America. And I came here without much money, to explore this kindness factor in North America. And I came here with that much money and I tried to have a one-year experiment. Really? Depending on generosity of American people. When you were 19? Yes. And I bump into, let's say, an old man in the park and then I ask him, is there any
Starting point is 00:17:21 restaurant that I can eat for at the very, very, you know, no money? And he said, OK, I'll take you there. And they pay for my dinner. And if you don't have any place, why don't you stay with me? So for a whole year in 1987, I depended on American people's generosity. And after one year, I had the same amount of bank account money, and then I could go back. Wow. And I've been writing, you know, my experiences.
Starting point is 00:17:50 And it's a nice and better as well. So America is so generous. And I think people may not feel it because you're living here. So I really believe in American people's generosity and openness. Some people just let me stay as long as they, as long as I wanted. Wow. Yeah. So I still feel like I owe America a lot.
Starting point is 00:18:16 That's beautiful. How many people helped you in that year? I think probably at least 16 or 20 people. That either paid for something or let you stay at their place or helped you in some way? Yeah. So whenever I bump into an American young people, like, okay, I'll buy you lunch and dinner in Thailand. I'll bump into American tourists, you know, like backpackers.
Starting point is 00:18:35 And okay, I'm going to pay your lunch because somebody else in America, just they pay mine. That's beautiful. So I try to pick up a tab for americans especially that's interesting because when i was in my early 20s struggling financially i was reaching out on linkedin to uh business leaders mentors that i thought could help me and a lot of them took the time to take me out to lunch and they would pay for me because I couldn't afford. Right. And that was happened for about a year and a half where I didn't have the money to pay
Starting point is 00:19:10 for my own stuff. And I really, I remember saying like, feeling really bad that I couldn't pay for myself and saying to myself, like, if I make money one day, I want to make sure I pay as many meals as I can with friends and things like that. So I always try to pay. It's so hard for me to let someone pay for me now at a restaurant because I'm like, I just want to keep paying it forward. That's beautiful. But you never know the impact you can have on someone with a gift, you know, the financial gift. So I want to ask you about the money container size, which I think is interesting.
Starting point is 00:19:46 Do you feel like we're all born with a certain size of a container for how much money we should be able to bring in? Or does the container expand and grow based on our environments, on who we grow up with, our wisdom? Can you talk about that? Of course. or wisdom. Can you talk about that? Of course. Like, say, some scholars who are not interested in money at all,
Starting point is 00:20:07 they focus on their research and what they can do academically. So their money container is small, but they're okay. I call them money indifferent type, by the way. Money different? Money indifferent type. Money indifferent.
Starting point is 00:20:22 They don't care about money. Yes. Just enough to provide for their food and their house. Yes. So some government workers like politicians or nurses, I see them among those occupation who are giver, who are just service people, right? And like some military people who are really into service. And then they don't really care how much they have as long as they can make a living.
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Starting point is 00:21:51 you can make your money container bigger. But there is a little bit of a difference here when you want to grow your money container. Because in North America and Europe, I often get asked by interviewers, Ken, how can I make my container bigger? But in Japan, in the East, I get different kind of question about my container. The question would be, Ken, how can I be satisfied with what I have instead of just trying to make it bigger? But I don't know how to do that.
Starting point is 00:22:25 So can you teach me how to satisfy myself with where I am? So it's a different approach. So you need to have both. So how can people in America, North America, and around the world be satisfied and grateful for where they are and still strive for more? Yeah. So it's more about find 100% fulfillment with where you are. And then if it's your path, it's going to grow.
Starting point is 00:22:54 If it's not your path, you don't have to make it grow. But there's almost like a religion here in North America. Bigger is better. The more is better. Supersize. Yeah, everything. But think is better. The more is better. Super size. Yeah, everything. But think, just wait a second and just think about it. Do you want a super big house if you're only two of you?
Starting point is 00:23:13 If you have like seven kids, you need a big house. But if it's only two of you, maybe it's time to downsize. And because so that way your lifestyle will be more humble. So you really have to know when to sort of like grow and also when to end your life. So you have to start facing, say you're in your 50s or 60s, you have 10 years to prepare approaching to your death. But a lot of people in the 60s and 70s,
Starting point is 00:23:46 they want to act forever they're 21. Right, right. So, but you're going to die. So you have to prepare for the end of your life. To do that, you really have to say, because your life goes up and down, right? You kind of keep climbing up the mountains. So at some point, you have to start descending.
Starting point is 00:24:09 So in financial terms, you have to start spending what you have accumulated. Don't just keep it in the bank. Yeah. So one of the books in North America I love is Die With Zero. The concept is can you die with zero at the end of your life, which is very hard. A friend of mine whose mother died with only $7 in her bank account. I think it's a master of money because she calculated how much it's going to cost for her funeral. So she just withdrew all the money and she gave all the money to her grandkids, which is like a few hundred dollars.
Starting point is 00:24:47 No, she's not a wealthy person. And she died with only $7. So it's almost like she landed so beautifully. Wow. That's beautiful. Why do you think people are so greedy to want to make more money? And they have this greed inside of them to have, to accumulate, to attract more. Why do you think that is?
Starting point is 00:25:09 And what's the difference between wanting to make more money for a good reason and wanting to make more money because of greed? Right. Luis, you keep asking me so many great questions. I'm so enjoying the interviews. Thank you. I just wanted to appreciate that. Thank you.
Starting point is 00:25:24 So there are many ways to react to a financial situation. I have talked about money EQ. So when we're, I realized this when I was at the conference table to file inheritance taxes for wealthy men. And here there are three people, their kids, right? A wife and three kids. And they're born and brought up in the same household, but the eldest son looks like a Wall Street type, nice to wear a suit and short haircut.
Starting point is 00:25:57 And the second daughter looks very humble. And the third one looks like hippie. Sure. Are they related related and then i realized that to financial situation if you're worried um you might end up becoming a money maker you know if you're worried if you're worried if the responsibility is on you right so you the older by making more money you try to fix the worry. And if you worry, you may want to become a spender because you feel powerful when you spend the money. So if you worry, you want to be a saver.
Starting point is 00:26:34 By saving, you can feel the security. Yes. And so there will be a warrior. You know, you do nothing, but you keep worrying. Yes. there will be a warrior. You know, you do nothing, but you keep worrying. Yes.
Starting point is 00:26:48 So to a financial situation, there can be many different ways and different personalities are born. So I'm fascinated with this subject because you never knew that you were a spender, you were a moneymaker. And your question comes toward moneymaker type. And a happy moneymaker type knows that they can contribute more, so they're in the flow of happy money. And money greed moneymaker type, they end up losing a lot of money. They do.
Starting point is 00:27:18 Yeah, because they try to increase and multiply their money, which means they take more risks, so they are likely to get into scams. And I've seen so many clients get scammed by people who try to get the money. Yes. So that's life. Sure, yeah. What do you think is the, you know, there's so much happening with the, in talks, specifically in America, with interest rates going up in
Starting point is 00:27:46 America, inflation going up to over 8.5% recently, I think. The housing market and just the uncertainty of the economic situation in America. What do you think people should be investing in? What types of assets for the next few years with all the uncertainty? What would be a great investment that's not a try to get rich quick investment, but something that would deliver good returns, hopefully over time?
Starting point is 00:28:20 Right. So I taught this course online and like 8,000 people watched me teach this online. So I taught about financial independence and visual assets and invisible assets. I see there is going to be a big change. It could come as a crash of Wall Street, but it's more, I think I see a bigger thing is going to come. Like what? Like the collapse of financial system. Really?
Starting point is 00:28:52 Because we've printed so much money, and then it's going crazy. It's out of control. So we never know what's going to happen. Nobody can predict. So even if you invested in bitcoins and cryptocurrency, you shut up and then down. And gold and silver is real gold coins and silver coins for not super wealthy people. I recommend that. But in the 1930s, the U.S. government prohibited from owning gold. Why?
Starting point is 00:29:27 Because to protect dollars. So if that kind of thing happens, even though investment in gold is good, but what if they change the law and then it could become a felony about owning gold without reporting it. So those things, real estate can be quite risky because it's set up that much, it could possibly go down at least back to 10 years or 20, 20 years. So all the things that got inflated could go down. So there is no safe investment. That is something you
Starting point is 00:30:05 have to really know. So whatever you invest could end up in half or 30% down. So instead I recommend people start looking at invisible assets because what if you lose everything overnight? If you have gold, what if the government tries to take away to pay all the bills and stuff, which is really happening in China, by the way. Really? So if that happens, I guess you have to be prepared for unthinkable situations. But as I said, if you have so many friends who can support you financially or emotionally, you're okay. So instead of having
Starting point is 00:30:47 so much money in the bank account, you should have the trust and strong connections with friends around you and also reputation with your clients. So when the next financial system sets in, we might end up using the same currency worldwide because there could be a big crash. China is falling down because of the real estate crash. China is? Yes. And if you Google it, you can see it. And then all the people who have to pay the mortgage for the buildings that's not even built, they started not paying for the loans, which is a big deal. So either way, from somewhere, there could be the start of the crash.
Starting point is 00:31:38 So whatever happens, if you have the strong connections with people around you, you can start over from zero. From zero. I asked you this in our last interview. I said, okay, Ken, imagine you've lost all your money right now, and you had to make a million dollars in a year. I don't know if you remember your answer, but I asked you this, and you said, I said, what would you do? And you said, well, I would just call my friends up and say, can you give me money? I'd call 10, 20 of my friends up and say, can you give me $100,000 each? Or can I stay in your house for free?
Starting point is 00:32:15 And you would offer a service to those wealthy friends that you've created trust and invisible assets with and sell them something new or whatever it might be. And it's because you have great relationships. Right. That's why you can do that. Yes. So what I'm hearing you say, Ken, is it's important to invest in yourself, which is developing more credibility, respect, and a better reputation with your friends,
Starting point is 00:32:44 your colleagues, the industry you're in, your team, things like that. So if that happens, you'll be able to get something going again. Yeah. So in a sense, I'm having a huge deposit to people's heart. I have given away my booklet for free to 2.3 million people. So I have a list of those people that I have given away, right? And so they feel like they owe me. That's why they're buying my books and courses. So I have a huge sort of invisible asset and trust already saved up. And I've been giving away for so many things for the past 20 years. I've done lectures for free. I've done so many volunteer work for the people who are in need. So I have this reputation and trust among
Starting point is 00:33:33 people. So in the next situation, so whatever happens, I can say, I'm going to talk about the next situation and how we can build our assets in the new currency system, new financial system. A lot of people want to listen to me. So I have built enough credibility. So that's why I'm not afraid of going bankrupt. Because if I go bankrupt, I can say the joy of bankruptcy. I can just say eight steps to recover from bankruptcy.
Starting point is 00:34:03 You have a new book. Right, whatever that is. Because what I did, and I'll teach you how to do it. Right. So I'm not worried about anything at all. Instead, we have to let everybody know that if something big is going to come, it's not as bad as World War II. So we can all go through this together. Yes.
Starting point is 00:34:24 But we have to help one another. That is a key. Yes. So that is also a concern I have about us because our hearts are so separated because of the politics, the religion, or the scarcity mentality. So we are having less compassion toward each other. Sure. So I think for the next few years, we're going to experience a lot of anxiety and worries because of what's going on in Ukraine and everywhere. Everything we see is depressing, to be honest.
Starting point is 00:35:01 Very depressing. Right. But at the same time, it's not as bad as a hundred years ago. True. When everyone was starving. Right. So we can go through this. But to do this, we have to be kind to one another. We have to show our generosity. So if you feel like you have more than enough, you have to start sharing what you have at the worst time, which could come in years. I mean, if you could predict, obviously no one knows, but do you think there's going to be a bigger recession or some type of crash in some way in the U.S. economy or in the world?
Starting point is 00:35:39 And when do you think that will happen? I see. I already feel it in 2023. So we think next year. Because a lot is going to happen with the US election and also the potential conflict in China and Taiwan and also the gas shortage and everything. and everything. And also, so many tons of food is, wheat is stopped at the port of Ukraine.
Starting point is 00:36:12 Really? Wow. Which could cause a starvation in African countries. So we're going to see a lot of chaos in the next few months. Really? Yeah. And we're going to experience a lot of gas shortage in European countries, which they're thinking about because the gas stopped coming to Germany. So a lot of change is going to happen in the next few months. For everyone listening and watching right now, what would be the next three steps they should take after listening or watching to this? three steps they should take after listening or watching to this around their invisible assets their visible assets or just the next three steps they should take in life to prepare for this right so mentally you have to be ready to find your peace of mind so you can start counting your
Starting point is 00:36:59 blessings start appreciating what you have and enjoy the flow of happy money. So when money comes in, you can say thank you for the money given to me. When you pay for the bills, thank you, I have enough abundance so I can pay the bills. And start blessing people that you're giving money to. So by doing that, you can find your peace of mind in whatever you do. And I think that's the basic. That's number one. That's the base. And also, secondly, you have to start figuring out your inventory, what you have and who you are.
Starting point is 00:37:36 What type of inventory? Both emotional and also your gift. I never knew I could write until I was 33. Really? My parents were so surprised and my brother and sister and many of my friends were so surprised that I became an author. And I was the one who got surprised most, by the way. Yeah. So I didn't know until I started writing. So I'm sure you have some kind of gifts buried in you. For example, Luis, you are an athlete, so definitely you knew your gift as an athlete. But probably you didn't know that you had a gift as an interviewer. No, I had no idea. Speaker.
Starting point is 00:38:20 Yeah, writer. I had no idea. Writer, right? And also somebody who can motivate people. You use it for you to motivate yourself, but you didn't know you can impact millions of people. I had no idea. So when you're young, in your 30s and 40s, you never knew. And so you have to start looking at what you have. What skills, tools that you've developed that you could use if you need to. And you have to multiply them
Starting point is 00:38:47 because only single gift is not taking you far. But if you can multiply your gifts of speaking, for example, and also listening and a sense of humor and the care, generosity, if you combine all of them, you become so unique. Yes. So once you become so unique yes so once you become so unique people can start just coming to you because you're more attractive right yeah so
Starting point is 00:39:12 okay okay so that's number two is find out your inventory of your assets and your gifts and I'm also assuming your inventory of like how much money you have your investments what you but it's not so important okay because if you and I make it much it's not right what skills do you have yeah skills yeah right so if you are net asset is less than three hundred thousand dollars don't worry about investing I think you should invest in yourself invest in you and and take your friends out for dinner because it's gonna pay more dividend so generous with your energy your your time, your gifts.
Starting point is 00:39:45 Yes. And then the third step would be start getting support from everybody. You know, I have, say, for example, more than 10,000 people sending me money every month as a form of subscription online salon. Yes. So I haven't promised anything to do for them. So,
Starting point is 00:40:07 it's just a love money. So, Ken, you know, This is what type of money? Love money. Love money. Yeah.
Starting point is 00:40:11 So, 10,000 people pay you money every month just because they love you. Yeah. $10. That's how I feel. Wow.
Starting point is 00:40:18 Are you offering them any? Are you giving them any teaching? I just say, I had this fun interview with Luis today and I'm in stockholm and send some videos but i'm not promising like i do this you know so i give you this so get me give me right
Starting point is 00:40:32 right no it's more of a casual thing that's cool um so i have enough trust from people so the happy money so almost like um uh is given in my custody so I can help other people. That's cool. So if you start getting fan clubs or cheerleaders, cheer supporters, so you can start with five people and you can start having 10 people, 30 people. So the next economy will be very interesting because a lot of people support one another. So instead of working for one big company, say I have 300 people supporting me. Say, and you can increase your monthly support money, say $100 per month.
Starting point is 00:41:18 You know, if I get a support from 30 people, $100 a month, that's $3,000. Right. And if you get 50 people who are supporting you with $100, you already have a $5,000 income. So whatever you do, you don't have to be the next entrepreneur of the world. You can satisfy, or at least you can have deep connection with 50 people or 100 people who love you so much and who's not gonna let you down when you fall. So if you have that strong trust from people,
Starting point is 00:41:53 you don't have to worry about money for the rest of your life. Wow. What should be financial goals that people create for themselves? Should they have financial goals? I don't think financial goal is necessary. If you want to buy a big house,
Starting point is 00:42:09 you may need to have that. But financial goals people come up with, it's because they want to feel safe, sense of security. So you don't need to have a goal of $1 million because when you reach $1 million, you feel like this is not enough. I need more, right?
Starting point is 00:42:32 I need two. And when you reach two millions, no, no, no, I think I should have three. Yeah, three. Yeah, so instead, what I would recommend is once again get support from 50 people. And at the same time, if you can, is once again get support from 50 people.
Starting point is 00:42:44 And at the same time, if you can, imagine a joint account with your wealthiest acquaintance. You can think of me. For me, I think of my mentor, Wahid Takeda, or Warren Buffett. Think about your imaginary joint account. And when something bad happens, you can withdraw as much as much money as you want really so uh that this fun uh illusion you know like imagination what does that do for you when you have that imagination you feel that you're not alone and if you're lucky like i uh when i was, I had three millionaires who endorsed me saying, you can do whatever you want.
Starting point is 00:43:30 And if you fail, I'm going to support your life for the rest of my life. Man, does that happen in Japan a lot? I think I heard a few Americans who experienced the same thing. Wow. I heard a few Americans who experienced the same thing. Wow. So just imagine if you get that sense of security. You know, Luis, I'm going to just keep you afloat as long as I live.
Starting point is 00:43:57 Wow. And so go for it. Okay. I'll text you if I need you, Cal. Yeah. So if you get an endorsement from wealthy people like that. That's cool. You don't have to worry about it. Just imagine.
Starting point is 00:44:09 How does someone get an endorsement from someone who has a lot of money like that? I think. What can they do? I think you have to live your life purposes. That's another subject. But if you are living your life purpose, a lot of people support you. It's so true. Because when I see someone who's coming up in business in their
Starting point is 00:44:26 early 20s or something, and I see that they have a gift and they're using the gift consistently to create some type of value for the world, I notice it. I see it. I'm like, you're doing an amazing job. I'll reach out and message people and say, I love what you're doing. Keep it up. And I think even just doing that, showing people, hey, you're doing a great job, gives them encouragement to keep going, whether you're giving them money or not, but that's something you can do. And I think that's, it's hard to see that when someone's not using their gifts. You're not going to endorse someone if they're just like, everything is against me. The world is challenging and I don't care about life. But when someone says, I'm going to take a risk, I'm going to use my gift and put myself out there, that's inspiring.
Starting point is 00:45:13 In your book, which I love, by the way, again, I want to get this book, Happy Money. You talk about, I think you use a concept called money magnet or like humans are like magnets and for money right and some people it doesn't matter if you are a good person or a bad person right you have an analogy in the book where you say you know if a rock is falling it doesn't care who it hits it could hit a good person or a bad person right it's gravity is pulling that rock to the ground and it's going to hit whoever it is, right? Based on where they're at. So, and you also talk about how most people think that it's not fair when they see someone bad or mean or greedy making all the money. Can you just talk about this concept of being a money magnet and how someone can become more of that?
Starting point is 00:46:07 So once again, we experience life according to our beliefs. And some people have better luck than others. And some people work so hard, but they're getting minimum wages. but they're getting minimum wages. So you have to find your place, your seat, your reserved seat is what I call. A lot of people try to sit on other people's seat, which is wrong because your seat is reserved somewhere else. And if you don't sit on other people's seat,
Starting point is 00:46:42 what happens is that you get so depressed. and then you feel so meaningless, you know, and all that because you cannot really feel life. But once you sit on your seat, you are so deeply connected with your life purpose, then your magnetism gets turned on. So how does someone know where their seed is and know how to sit in it and be happy with their seed?
Starting point is 00:47:15 Yeah, so the only thing is ask your heart what your heart tells you. If you're excited about it, you're going closer. It's like hot or cold, right? So if you feel more excited about like doing this, this is it, this is it, this is it. So you have to have your heart guide you where you're supposed to be. So always listen to your heart, you know, and then if your heart gets excited about certain thing you're just getting closer to your seat. Do you have a meditation or affirmation process for someone on how they can trust their heart, listen to their heart deeper to know they're on the right path? Right. Do you have something that you use
Starting point is 00:48:03 yourself or that other people can use? Yeah, so I always try to have a few minutes, say you're waiting for a car, you know, an Uber, or just waiting for something. I find a few moments and then just try to find my center,
Starting point is 00:48:20 you know, and then and I just go deeper and figure out where I want to go and just listen to my heart. What does my heart say? Am I excited about this or not? Am I trying to get money? So I'm not excited, but I have to do this to bring money, food on the table. So I always check what my heart tells me.
Starting point is 00:48:44 You're always listening to it. What happens when your heart is not excited? Let's say you have a project you're working on. I'm assuming all of your books you're excited about, but maybe there's an event you're supposed to go to or something that you said yes to. And you realize your heart is not excited about this. What do you do then? Do you do it, but then you don't heart is not excited about this, what do you do then? Do you do it, but then you don't repeat it the next time? Or how do you navigate that? So I want to be a nice person.
Starting point is 00:49:13 So once I said yes, I'll do it. But I try to be very careful with what I say when I say yes. So I have a great team. So they'll just check. They'll check. Because I want to be nice to everybody. So I'm likely to say yes too many times. So my secretary on my team says, Ken, are you sure about this?
Starting point is 00:49:36 Yeah, probably not. So can you come up with something? Well, I'm glad you're here. You didn't reschedule this interview. Yeah. But in general, I'm trying to listen to my heart. That's good. That let me hear.
Starting point is 00:49:49 I think a lot of people don't understand the power of a daily affirmation or a daily check-in with yourself, just like you talked about for two minutes. For someone that doesn't believe in affirmations, what would you say to them? So even if you don't believe it, you must be saying something to yourself. This is a terrible day. It's so hot. I don't like this. So subconsciously, you're saying something about your life or about yourself, about your friends or about your clients.
Starting point is 00:50:22 Well, I hate working with this person. You know, something like that. So I think it's an affirmation by itself. So just write down what are the things that you say to yourself subconsciously. You can probably figure out. And is that a happy thought? And then, unfortunately, a lot of the things that we talk to ourselves are negative. Yes. Yeah.
Starting point is 00:50:47 So do you want to feed negative thoughts like this? Or do you want to pour more positive thoughts? You have a choice. But unless you write them down, you never know it. And then you may find that the reason why you get depressed, because I keep telling me about life, no wonder I feel depressed. So if all the things you talked about you,
Starting point is 00:51:17 positive and loving, it's what you get. Yeah, exactly. And can you tell me how we can think about money as energy? In the book also, I saw you writing about how money is energy. And sometimes people try to make it and hold on to it. They want to hold on to it. They want to stack it in their bank as high as they can go. And they don't want to spend it. Sometimes it happens. What happens when we hoard money, when we keep it and we don't let it come and go as energy? What happens?
Starting point is 00:51:49 So I have seen so many interesting things. Like if you hoard your money, a few things happen. You get sick and then you have to pay for the medical bills. Really? Yeah. Or like your kids do something bad and then you have to pay for the damage. So money needs outlet. So it's so interesting how money flows. And if you don't let out your money energies outlet, it's going to get bad. It's like a pond. If there's no flow the water gets bad.
Starting point is 00:52:28 It's like think about your health. If you eat, eat, eat and don't go to the bathroom you're sick. That's gonna happen. Yeah. So for to stay healthy you have to eat right
Starting point is 00:52:38 you have to release right. So for hoarding money I want to ask them you're eating so much but what if you refuse? So for hoarding money, I want to ask them, you're eating so much, but what if you refuse? I'm not going to go to the bathroom, you know, for the rest of my life. Oh my gosh. You'd be sick. You'd explode. And you cannot eat well. So you have to let your money flow.
Starting point is 00:53:01 And then the next flow comes in. So here comes money EQ, the trust part. Trust is the hardest part of money EQ. You have to have the trust that once you let go of money, it comes back. So you don't have the trust. That's why you start worrying. That's why you have doubts about yourself. So instead of attaching to your money, you can say, thank you for staying with me. Just go bless the world and come back with your friends as soon as possible. Thank you for being here. Go bless the world. Come back as quick as possible with more friends. Right. So it's kind of fun, right? Sure. So it's a metaphor. So in your mind, letting go, if you let go fast, it's going to come back fast. So I'm trying to let go of money.
Starting point is 00:53:52 Really? Yes. So, you know, how should people be thinking about this so they have enough safety and security? They have enough in the bank for if something goes bad in the economy. They've saved enough. But also, they're not just overspending as well. Some people who have the personality where they just spend, spend, spend, then they go into debt, right?
Starting point is 00:54:12 So how do we balance money so that we have enough for the future and we're not in debt? So that's why I'm so fascinated with couple counseling and sometimes family counseling. We're trying to have balance. That's what's so beautiful about humankind. Somehow the spender
Starting point is 00:54:36 gets married with moneymaker. Right. Someone's making all the money and someone loves to spend it all. Right. So they come in and this person is spending so much money. No, no, you're making all the money and someone loves to spend it all. Right. And so they come in and this person is spending so much money. No, no, you're making too much money, you know.
Starting point is 00:54:49 So you have no time for me. That's why I'm trying to get the stress out by spending money. So you have to have the balance. That's where Zen comes in. Interesting. If you're spending too much, you have to start saving. If you're saving too much, you have to start saving. If you're saving too much, you have to start spending. So the prescription I give to each client is different.
Starting point is 00:55:10 For some people, the savers, I said, withdraw $1,000 and spend it for nothing in 24 hours. They probably freak out like, ah. No, they are okay to the withdrawing part. And so the next few days, a week later, they came back and said, can I withdraw $1,000? I didn't spend it. But I spent like $20. Oh, man. Because they cannot waste their money.
Starting point is 00:55:39 It's against their constitution. I know people like that. So what should people be spending their money on? Right. So they don't feel like I'm just blowing money and wasting it. I know. So like a moneymaker. Moneymakers, they think, is this a good investment?
Starting point is 00:55:55 Yes, yes. So don't think about it because just enjoy the money flow. You can give it to people. You can just throw it away on the floor because somebody is going to pick it up and make somebody very happy. So you can be you can throw it away on the floor because somebody's going to pick it up and make somebody very happy so you can be creative with money but we are taught from a young child that uh childhood that you have to take care of money well just just what if uh what if you just throw your hundred dollar bills on the street?
Starting point is 00:56:25 What would your mother say? Right. Right? So, but for exercises, I tell people, can you throw away your money? And they show me the expression as if I'm saying, you're going to die in 10 minutes. Wow.
Starting point is 00:56:42 They're going to be like, you like you know so i enjoy so much what what happens with your clients when you say okay go spend a few hundred dollars a day or leave money out on the table for someone to pick it up and you do these experiments what do these individuals say afterwards a month later a year later about giving their money or spending it, not all of it, but some of it in these experiments. So they realize how much attachment they had toward money. And it's in here. And by the way, my finding shows that the saver type, the people who have attachment for money,
Starting point is 00:57:19 tend to have this problem physically. They get constipated. Constipated, yeah, yeah, yeah. So there is that. So they have a hard time letting go of money. And their waste. Yes. Their food.
Starting point is 00:57:35 Because they're attached to it. What happens when we are attached to money? I think the flow of energy gets stopped. So if you let go of money easily, the more opportunities come easily. But because you cannot let go of money, you cannot receive. So if you let go easily, the more to come. So those people are losing out opportunities. losing out opportunities.
Starting point is 00:58:07 So say I had a friend in my 20s when I asked him to go out and have some fun. And he said, no, no, no, I don't want to do that because it's going to cost something. Say, you know, $50 or $100 for a party, right? But just look at what he's missing. He's missing out the opportunity of meeting new people. Like I met many great mentors by attending very expensive seminars. You know, I attended like $200 seminar. At the time,
Starting point is 00:58:32 it felt like a million dollars. But since I was the only student at the time to attend a business seminar, everybody loved me. So $200. It's so cool that you're here with all these older people and you decided to show up. Let's mentor you. Yeah. Yeah. So I was like a little toy. Okay. I want to just play with you. So that was a great investment, for example. So if you let go of money easily, you get so much. So why don't you think of letting go of money and also as almost like a shopping for your memories?
Starting point is 00:59:11 Shopping for memories. Yeah, because I didn't have to fly. I'm going around the world this time. I'm just meeting up a lot of people. It costs some money, right? But by spending so much money on hotels and airplanes, look what I'm having. I'm having such a great time. You have experiences, life memories.
Starting point is 00:59:33 Yes. So when I'm in a senior home sometime in the future, I think of having this conversation with you and meeting up a lot of great people in the world. So I'm full memories. So if you don't spend the money, you don't get all the fun memories. Right. And what happens to people when they speak bad about money? They complain about it. They live in scarcity.
Starting point is 01:00:02 What happens? Yes, that's a good question. So think of money as a person. I always ask, I talk to thousands of people at a time and just ask a big audience, how many of you love money? If it's a business seminar,
Starting point is 01:00:16 they say yes. And my next question is, how many people do you think money loves you as much? And they say, I love money, but I don't know if I'm being loved by money. But feelings must be mutual, right? It's the same thing with a relationship.
Starting point is 01:00:36 Even if you love her, love him so much, if you don't get the same amount of love from the other part, it doesn't mean anything. So you have to love your money and your money has to love you. Right. If you speak bad about money- What would you think? Or you speak bad about people who have money-
Starting point is 01:00:53 Yes. Then why would money love you in return? Yes. So exactly. Thank you for answering me. Yeah. So that's exactly what I want to say. If you want to be in love with money, you have to respect your money as your best friend or your love of your life.
Starting point is 01:01:13 So love and money can love you back. So what are the best ways that we can start respecting our money better so that our money loves us more and wants to bring more friends? I always ask my money where it wants to go. Really? Yeah. So what do you mean? You have like a few hundred dollars in your hand and you say, where do you want to go? Yeah.
Starting point is 01:01:33 The other day I got a big check from overseas that the book I wrote 18 years ago, it's about $10,000. And then, oh, thank you. Thank you, money money and I asked money do you want to stay with me or do you want to go somewhere and the money said I might I hear it in imagination the money says I want to go to Cambodia to help kids Wow and then I remember there is a friend of mine who is doing orphanage in Cambodia so that $10,000 is helping kids for fruits and electricity and the rent for a whole year, like 36 kids.
Starting point is 01:02:14 So that $10,000 I could have used for something else, but I have already enough. So by asking the money where it wants to go, it went to the right place to bless the kids. So I'm so blessed with happy money. So if I start doing that, the more money comes in. So more money comes in from the world. And I've written 200 books. So like book royalties come from everywhere. So almost like every few other days, I get money from somewhere.
Starting point is 01:02:44 Amazing. Yeah. So I ask money where I don't want to go. And then I want to take your family out for dinner. That's good. So we just, you know, go. So it's not, I'm not saying that you should spend your money for somebody else. It could be, you know, I want to buy a car or whatever that is. So if you can be, if you can have some distance from money, instead of like, this is all my money,
Starting point is 01:03:10 you can be free from money. Because what happens to someone who has so much extra money at the end of their life and they don't spend it? What do you think about that? Because a lot of people have a lot of extra, but then they pass it down to their families or they don't spend it. What do you think about that? Because a lot of people have a lot of extra, but then they pass it down to their families or they put it in trusts and then they give it out to charities. What's your thoughts on that?
Starting point is 01:03:32 I'm just saying that they're missing out a huge thing. You know, they could have seen what your money could have done. The impact. Yeah. My mentor, one of my mentors is Junkie Yoshida, who is a founder of Yoshida Gourmet Sauce in Portland, Oregon. And he donated something like eight or $10 million worth of state to children's hospital. Wow. And he's in his 60s or early 70s, so he's still alive, right? He experiences it.
Starting point is 01:04:09 Right. I mean, usually I hear when you pass away, that goes to something, right? But he donated the big house that all their kids grew up on, donated the huge mansion to the hospital. donated the huge mansion to the hospital. And I asked him, if I were you, I'd want to live as long as I'm alive. And then when I die or my wife dies together, that can go. And he said, I wanted to see how my money or how my house is helping kids while I'm alive.
Starting point is 01:04:47 Don't you think it's selfish? No, no, no, no, no. I think you have all the rights to see how your happy money can help others. So if you just hoard your money and then die without doing anything, you are missing out the most fun because you have such an impact. You could have an impact for other people.
Starting point is 01:05:09 And I think that's a reward for making so much money. Right. What is the vision for your money life for the rest of your life? Do you want to die with zero? Are you trying to give more of it away? Are you trying to make more? Are you trying to make your container bigger? What's your vision? Yeah. I may surprise you, but I'm a money indifferent type. You're neutral. I'm not really interested in money.
Starting point is 01:05:34 Really? Yeah. Because I'm not interested in growing my money because I have already enough and I make enough. So I'm not interested in money, even though I'm regarded as a money guru, because money flows enough and goes up enough. So I don't have a goal. I don't have any attachment. And as I said, even if I lose everything, my friends will take care of me. Right. So I don't have anything. But for humankind, I have a vision. I hope in 20, 30 years or while I'm alive,
Starting point is 01:06:11 I want to see human being can be free from money or money worries. That's why I'm doing my work actively in the world, because I don't need to get something out of people. I'm just here to share. And if you know how not to worry about money, you are going to do something else. So my question to the viewers and friends is that if you don't worry about money, just even the slightest bit, what would you do? What is a project that you want to start? And that is something you have to go right away.
Starting point is 01:06:45 Yes. What would you say to parents on the three most important things they should be teaching their children? Okay. As they get into, you know, after five years old, as they start learning about money and the material world, what lessons should parents be teaching their kids about money, in your opinion? Great. Thank you. So I used to, and I think I'm still teaching my child.
Starting point is 01:07:14 She's 24, so she's grown up already. But the first thing I would teach is money is fun. So if your kids know that money is fun, so we used to sit on the dinner table, just say, I have this, say, $10,000 to donate. What do you want to do? You can, you know, help rescue the animals. You can help the environment. You can help the homeless people. What do you want to do? And when we give presents, what would you want to do? So my daughter grew up thinking money can do so many wonders. So if all our kids learned money is a magical wand to make people happy, I think people are
Starting point is 01:08:01 more excited about getting the money. So they have no negative ideas about money. And imagine what if all the child have never been scolded for wasting their money. I think we'll be so stress-free because a lot of worries come from the need for survival. And it's attached to money. Right. So once we are free of money stress, I think our life will be so different. Yes. Yeah. So if you can teach money is a fun thing, that is a great starter.
Starting point is 01:08:37 Okay. Number one, teach them money is fun. Right. And also, I want you to teach your kids about money and emotions, because those things are not taught at school. Because even though your child has grown up with positive attitudes, your friends may not. Friends may not. So they try to compete with you of how much they have allowances or like, this is my new iPhone something. Yes. Or like, this is my sneakers or whatever that is. And then people try to manipulate you with emotions. So if you start teaching, you feel bad about money.
Starting point is 01:09:21 You feel ashamed of money. You feel guilty about money. We feel ashamed of money, you feel guilty about money. We all feel some emotions. Yes. So if you start teaching emotions around money, I think your kids will be emotionally free from money stress. Yeah, they won't be comparing themselves to others who have more. Right.
Starting point is 01:09:39 They'll feel good about themselves. Right. Yeah. And I think related to that, I probably share, I once shared with my daughter, I'm not the wealthiest man in the world. I have enough money, but I don't call myself tycoon or whatever that is.
Starting point is 01:09:59 I don't have a private jet, right? But I'm financially independent and free. So I teach my daughter that, about money emotions, and at the same time, I have a lot of emotions too. Sometimes I feel guilty, sometimes I feel shame. Really? Yeah.
Starting point is 01:10:20 Around money or around? Yes, around money or everything. Why do you feel guilty or ashamed? Like say, all my students have less money than I do. So sometimes I used to feel, sometimes I feel I'm taking advantage of other people, right? I don't need to get money. So sometimes I do seminar for free. Sure. But anyway, so I feel shame, guilty, guilt around money. I feel shame, guilty, guilt around money. So I share that with my daughter.
Starting point is 01:10:51 How do we eliminate those negative emotions? Like, how do you get rid of those? You cannot. Really? Because it's human nature. As long as you live, say you're very happy, but if the person right next to you is crying, you know, you feel sorry for her. So sometimes you may feel about guilt for being happy. So sometimes I feel guilty when my author friend is saying, Ken, my books are not selling well. I'm so sorry.
Starting point is 01:11:21 Yours are selling so well. Yeah. So I feel guilty. I feel shame. I feel ashamed. So many things. I'm teaching my daughter that this is very natural. The bad things happen
Starting point is 01:11:33 if we try to manipulate our feelings by compensating by working hard, by saving what. I'm just joking. If I could become a prime minister of Japan, I'm going to print every note of banking note said, making too much, worrying too much,
Starting point is 01:11:51 and spending too much can be hazardous to your health. I like that. That's good. Okay. So the first thing to teach your kids is money. Money is fun. You can make people happy with it. The second thing is to learn about money and emotions.
Starting point is 01:12:05 Yes. These things are natural to have emotions around. The third thing the parents should teach kids about money. More you give, more you receive. So you don't have to work so hard to get the money. But if you want to get more, you have to give more. And to do that, you have to be loved by people around you. You have to have many friends. So to do that, you have to have a good relationship, relationships with people.
Starting point is 01:12:33 So relationships are everything. In North America, it's very individualistic. So you eat your own food, you eat your own thing. And since you're five, you're so used to taking examinations. You never had examinations with three of your best buddies and coming up with the right answer. Yeah. I think we should. But it's so individualistic. So you cannot talk with your friends while you're having an examination. You can't collaborate.
Starting point is 01:13:01 Right? Hey, Bill, what do you think? Number three. Okay, thank you. It doesn't collaborate. Right? Hey, Bill, what do you think? Number three. Okay, thank you. It doesn't work that way. And then it's up to your 20s and 30s. So especially in North America, everybody seems isolated because you can talk about your sexual problems or financial problems, your emotional problems with your best friends. So you hang out and go for a glass of beer and just watch the sports.
Starting point is 01:13:28 But you're missing out the most quality moments, which is share your problems, because your best friend may have the exact problem. I know, you might have a deeper connection. Right. So you have to really have this mentality
Starting point is 01:13:43 of being supported by friends. So do more and receive more. So by hearing that, you know, you don't have to worry about taking advantage of other people. Something is not fair. The rich is doing something bad. It's nothing. It's not over your problem. You focus on what you give and what you share, and then you receive. So as long as you know the rule, you can focus on what you give. And so attached to that, I teach my kids to follow your heart. So just follow your heart. That is a guidance. I love those points for parents who teach kids. Speaking of parents and moving to a related topic, how does sex and money play together?
Starting point is 01:14:34 I cannot stop talking. You need five more hours. I think American people are especially interested in this. Yeah. Money and sex have something in common. It pulls out the best and the worst of you. And it pulls out the best emotions and the worst emotions. Because they can show you both heaven and hell. Because a lot of crimes happen because of these two.
Starting point is 01:15:09 So with your financial problem and sexual problem, you get the worst out of you. You hate yourself by being such a jerk or a bad girl. So it pulls out a lot of emotions. So you have to be careful because you never know what you get because it's so suppressed deep within. But in other words,
Starting point is 01:15:36 money and sex can be a great healer because it can transform your life. You say healer? Healer. Healer. Yes, it can transform your life. That's why I call myself money healer. If you heal money, you can heal so many things.
Starting point is 01:15:51 Wow. And money and sex are doing the similar things. Really? Because it's so attached to your self-worth. Like, say, how many people are confident about their sexual situation and financial situation? Not many. Maybe it's one or the other, but it's usually not both. Right?
Starting point is 01:16:12 And the people who are bragging about their happiness, they may be over exaggerating the situation. And so inside we feel so vulnerable. We don't know how much satisfaction we're giving to a partner or we're getting from money. So we feel so vulnerable and shameful and guilty around sexual issues and money issues. So it gives you such a great opportunity to look at yourself and who you are. So especially around those two topics, you feel like you want to prove something, that you're good.
Starting point is 01:16:48 And making money and at sex. Right. And then at the same time, we fail the test. Oh, man. Yeah. By looking at a bank statement, we fail the test. By looking at a partner's face, just a little tiny expression. Oh, yeah. Disappointment. Yeah. look in our partner's face. Just a little tiny expression. Disappointment, yeah. I'm disappointed.
Starting point is 01:17:09 She or he is disappointed. So there is a lot of discouragement issues and depression. Should we try to heal the sexual side first or heal the money side first? Whichever you wish. So some people want to heal the sexual thing first and some people, the other people feel,
Starting point is 01:17:30 you know, they can handle money. For North American people, sexual issues are maybe a little easier because financial part, I've seen so many people just freeze, you know, when they're thinking of money. So maybe for North Americans, money could be a little more tough. So you'd say if you can heal money, the topic of money within yourself, that should support you in healing other areas of your life as well.
Starting point is 01:17:58 Of course, of course. Because you don't have to prove yourself. So how much money you have or how much money you make has nothing to do with your self-worth. So I'm just happy. I learned a new English expression. I'm such a happy camper. Happy camper, yes. So it doesn't have anything with my financial relation.
Starting point is 01:18:22 So if you can find your happiness on your own, you can really focus on what you want to do because I, you don't really care what other people think or how successful I need to be. So if you have that mentality, you can enjoy every moment. Like in this interview, I'm just having a great conversation with you. Yeah. Right. And I don't have to prove my points. I don't have to sell more books. every moment. Like in this interview, I'm just having a great conversation with you,
Starting point is 01:18:49 Luis, right? And I don't have to prove my points. I don't have to sell more books. I'm just hoping that our conversation can open doors for people for their peace of mind. Absolutely. It's funny you're saying this about healing money because I've had so many conversations this year from different experts, from therapists, from money experts, from athletes, from just people in life. And the common theme about how to live a better life, your health, relationships, money, business, your sports, and how to be more fulfilled is the first step is to heal something. Heal the past, heal your relationship, heal your relationship with money. It starts with healing first.
Starting point is 01:19:33 And when we can create a healing environment, we have more peace. Talking about making peace with your money, healing first. And from a peaceful environment, we're able to flourish. Isn't that right? Yes. We're able to grow. We're able to expand to see the best of ourselves actualized. Yes. You said it so beautifully. And it's not just one thing, one time only. It's an ongoing process. A journey. Yeah. So I don't think I'm 100% healed. I sometimes cry over money. Sometimes I cry over certain things that happen in my family. I have still a lot of shame and guilt and a lot of excitement and happiness too, because I'm alive. Yes. Yeah. So I'm not perfect at all.
Starting point is 01:20:18 So people are surprised. You're a money guru. How can you feel guilty but I do and to be honest that's where I am what's the biggest challenge you have yet to overcome in your life the biggest struggle challenge for me it's a false humbleness you know I'm so happy so I feel like I don't have to do anything anymore so I'm I have a nice retreat center up in the mountains. In Japan? Yes. So I'm happy to grow my own veggies, you know, just in my garden. And it's so beautiful flowers. I'm missing them so much while I'm traveling. So I can be so happy with where I am, but I know I can be contributing more too. Yes. So as much as I know I can be contributing so much, but I want to make sure that I'm
Starting point is 01:21:10 happy as well. So my false humbleness tends to lead me into small happiness. So I'm sort of going back and forth. But coming here and having a chat with you makes me so excited about the potential of what I can do. That's great. So I appreciate you so much for bringing, pulling out the best from me. Yeah, of course.
Starting point is 01:21:35 So that is my next challenge. I love it. I'm going to take you up on it, Ken, when I come visit Japan for my first time. I have to say hi to you and you have to show me around a little bit. But I am so excited about the mission you're on, to teach people about how to heal their conversations around money. And giving us, you know, it's a scary thing for a lot of people. They feel like it's extremely complicated.
Starting point is 01:22:01 Yes. But you simplify it. You simplify it in this book, Happy Money, which I want everyone to get. Make sure you guys get a few copies for your friends. This is really powerful. You have a lot of great content at KenHonda.com and on your social media. You've got a course as well that people can check out around finding peace with their money.
Starting point is 01:22:20 And that's at KenHonda.com. I believe that as well. and that's at kenhonda.com. I believe that as well. So I'm just so grateful for you still wanting to live a life of service and teaching us these things and not just sitting in the garden all day long. But I know you need that time as well.
Starting point is 01:22:35 Yeah, but I probably feel very bored. Exactly. Because I wish I could see Lewis. Exactly. I asked you this question before, but I'm curious if something else has come up for you. So this is the last couple of questions. Yes. This is called the three truths. So imagine it's your last day on earth many years away. You get to live as long as you want to live, but you have to call it your last day. You write another thousand books. You do all the things you want
Starting point is 01:23:03 to do. Right. But for whatever reason, all of your work, your books have to go with you. So we don't have access to this conversation, this book anymore. Hypothetical. But you get to leave behind three lessons to the world, three truths that you would share.
Starting point is 01:23:19 This is all we have to remember you by. What would be those three truths? You're asking so many beautiful questions. I'm overwhelmed by that. So I think the first thing I would say is life can be fun. That is probably one thing I would say. And the second thing I would say is when you wonder, jump is what I would say. And the third one would be enjoy every moment. Because, you know, something bad, something good, but both can be fun later on. So when you feel a call, just do it. And if it messes up, it's okay. It could be a fond memory in the future.
Starting point is 01:24:09 So it's nothing to do with money. You know, just follow your heart. Yeah, it's beautiful. Ken, I want to acknowledge you again. Thank you for the work that you do. I want people to get the book, Happy Money. Thank you for your contribution, the way you consistently show up for the world, for your communities, the way you consistently show up for the world,
Starting point is 01:24:26 for your communities, the way you've shown up on this episode and for the School of Greatness community. So I acknowledge you for your talents and starting to use these talents in your 30s to contribute to so many of us. Final question, what is your definition of greatness? Greatness is the state that you are who you are. And I think if you're, I learned the expression in English, if you're comfortable with your own skin, I think that is what greatness is. So if you are truly who you are on your own style, I think that's greatness. Ken, thank you so much.
Starting point is 01:25:09 Appreciate you. Thank you so much. Thank you so much for listening. I hope you enjoyed today's episode and it inspired you on your journey towards greatness. Make sure to check out the show notes in the description for a full rundown of today's show with all the important links. And also make sure to share this with a friend
Starting point is 01:25:25 and subscribe over on Apple Podcasts as well. I really love hearing feedback from you guys. So share a review over on Apple and let me know what part of this episode resonated with you the most. And if no one's told you lately, I want to remind you that you are loved, you are worthy, and you matter.
Starting point is 01:25:42 And now it's time to go out there and do something great.

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