Make the Mundane Meaningful With Mike Norton

HerMoney with Jean Chatzky

Think, for a second, about all of the things you do before you head to the gym or go out for a run. Do you wear special running shoes? How do you tie them? Do you give yourself a pep talk on days when you’re just not feeling it? Is there a certain playlist you always listen to?

Dr. Mike Norton, author of: “The Ritual Effect: From Habit to Ritual, Harness The Surprising Power of Everyday Actions,” says while working out at a certain time of day may be a habit, all of these little things we do to get ready are rituals, and paying more attention to them can transform our lives (financially or otherwise).

Takeaways:

• The connection between rituals and financial habits.
• The difference between a ritual and a habit, with rituals adding emotion and meaning to actions.
• How to avoid taking ritualistic behavior too far.
• Insights on how rituals can help high performers manage stress.
• How to introduce rituals into the workplace without seeming forced or silly.

Chapters:

00:00:00: Introduction and News Segment

00:05:43: Interview with Michael Norton Begins

00:07:38: Connection Between Financial Habits and Rituals

00:10:16: The Emotional Aspect of Rituals vs. Habits

00:12:13: Defining Rituals and Their Impact

00:13:45: When Rituals Become Excessive

00:18:06: Rituals of High Performers

00:19:54: Using Rituals to Prepare for Stressful Situations

00:22:41: Workplace Rituals and Meaningful Work

00:25:24: Where to Take the Ritual Quiz and Find More Information

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The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney.

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