In Episode 47 of the Heart of Money podcast, hosts Austin Black and Bob Wessler focused on the subject of stewardship and negotiation. They stressed the essentiality of confidence, knowledge, and the strength to retreat during negotiations. They offered strategies such as setting initial negotiation parameters with a low offer, embracing silence, and readiness to refuse. They further underlined that the first offer is usually not the lowest and advocated for strong negotiation. The episode concluded with the introduction of a new tool, the Money and Marriage Success Guide, designed to aid couples in achieving financial harmony. The hosts invited listeners to share their negotiation tips on social media.
Key Points and Quotes Highlighted:
- Money Management, Negotiating Strategy, Financial Independence, Marriage and Finances (00:00:00 – 00:16:48)
In Episode 47 of the Heart of Money podcast, hosts Austin Black and Bob Wessler discussed the topic of stewardship and negotiation. The hosts emphasized the importance of confidence, knowledge, and resilience to walk away during negotiations. They shared strategies like setting the initial parameters of negotiation with a carefully calculated low offer, not being afraid of silence, and being ready to say no. They also reiterated that the first offer is seldom the lowest and encouraged vigorous negotiation. Lastly, they introduced a new resource, the Money and Marriage Success Guide, created to help couples achieve financial synergy. They closed the episode by inviting listeners to share their negotiation tips on their social media platforms.
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