SUMMARY
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Abby Davisson has dedicated her career to helping other people achieve their goals, first as a social innovation leader, and now as an author and entrepreneur whose work has been featured in Fortune, Financial Times, Harvard Business Review, and Fast Company , among others. Abby co-authored the book, Money & Love: An Intelligent Roadmap for Life’s Biggest Decisions , and went on to become Founder and CEO of The Money & Love Institute, prior to which she drove social impacts as the President of the Gap Foundation.

Today, Abby joins the show to discuss how money and love factor into big life decisions, what couples should be considering prior to marriage, and what it means to live your authentic path.

TAKEAWAYS
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00:45 – Jonathan introduces today’s guest, Abby Davisson, who joins the show to share early experiences that informed her money experience
04:51 – Abby’s career in social impact and the genesis of her book, Money & Love
11:43 – How money and love factor into big life decisions
16:08 – The Five Cs of decision making
22:53 – The most important factors to consider before getting married
25:25 – Regret and living your authentic path
30:08 – One thing couples can do today to make better decisions and one thing to completely ignore
32:45 – The last thing Abby changed her mind about and one thing people don’t know about her that she would like them to know
37:32 – Jonathan thanks Abby for joining the show and lets listeners know where to connect with her

QUOTES
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“I knew that it was possible to make dramatic changes in life, but I didn’t grow up in a family that talked about money a lot. And so, that was something that I had to come to through a different set of experiences.” (03:04) (Abby)

“Couples that live together before they get married have higher divorce rates. And that seemed very surprising to us, counterintuitive even. And so we wrote our final paper looking at why that was the case, if anything could be done to avoid it. And, yes, it turns out that there is something that can be done to avoid those negative outcomes, and that is being intentional.” (06:54) (Abby)

“Children born today - a baby born today in the Western world - has a majority chance of living to be 100.” (09:52) (Abby)

“All big life decisions - whether it’s moving across the country to accept a job or moving in with someone because you are excited to take your relationship to the next level - have a component of money and love to them. And if you make them in a siloed way, you are more likely to make a decision that you regret because you’re not thinking holistically and not acknowledging the fact that money and love are inextricably linked.” (12:19) (Abby)

“The first [of the Five Cs] is to clarify what is most important to you...” (16:15) (Abby)

ABOUT MINDFUL MONEY
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Do you struggle with money? You’re not alone.
Money is a means, not an end. It’s a necessity of life for sure, but more money does not always guarantee a “good life”. Money enables many aspects of modern life, but as a dominant consideration it becomes destructive.
The paradox is that more time and energy spent on personal finance does NOT create better outcomes. Unlike many other parts of life, we can’t create better outcomes by being smarter, spending more time, or putting in more effort.
Join Mindful Money author and experienced 40-year investor Jonathan DeYoe as he shares stories from artists, authors, entrepreneurs, and other advisors about how they mindfully minimize their need to think about money and get more out of life.
If you aren’t happy with your finances, feel like money takes more time that it should, or want to place your financial decisions into the broader context of your life, this show is for you.
Each episode will draw the line between the “enough” activities that the academics tell us are additive to family outcomes, and those “little bit more” efforts that take time and sap energy, but do NOT improve outcomes.

GUEST RESOURCES
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Money Love Institute Website - https://www.moneyloveinstitute.com/
Abby’s LinkedIn - https://www.linkedin.com/in/abbydavisson/
Abby’s Instagram - https://www.instagram.com/abby.davisson/
Abby’s Twitter - https://twitter.com/abbydavisson?lang=en
Abby’s Book - https://www.amazon.com/Money-Love-Intelligent-Roadmap-Decisions/dp/0063117517

MINDFUL MONEY RESOURCES
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Monthly Coaching Membership: https://courses.mindful.money/mindful...
Jonathan’s Book – https://www.amazon.com/Mindful-Money-...
Website - https://mindful.money/
Jonathan DeYoe on LinkedIn - http://linkedin.com/in/jonathandeyoe
Mindful Money on Twitter - https://twitter.com/MindfulMoney_Ed
Mindful Money on Facebook - http://facebook.com/MindfulMoneyPlan
Mindful Money on Instagram - http://instagram.com/mindfulmoneyplan
Mindful Money on YouTube -

/ mindfulmoney🎙️
Podcast Production by FullCast: https://fullcast.co/sn