Episode 46

full
Published on:

4th Nov 2024

Navigating Relationship and Money

In this episode of the Wealth Witches Podcast, host Katelyn Magnuson offers an intimate look into her relationship with her husband, exploring how they’ve cultivated a balanced and supportive partnership. She reflects on lessons from her early marriage, where unequal dynamics led to emotional burnout, and explains how she consciously avoided creating a similar “parenting relationship” with her current partner. Through candid storytelling, Katelyn reveals how mutual respect, autonomy, and clear communication have been essential to their success.

Katelyn also opens up about the challenges of managing household duties, finances, and mental load while running a business. She shares practical strategies for dividing responsibilities, breaking away from societal norms, and embracing each other’s strengths. Additionally, Katelyn emphasizes the importance of solo travel, personal boundaries, and regular self-care practices to stay energized and present in both her personal and professional life.

If you’ve ever struggled with balancing love, money, and domestic responsibilities, this episode provides relatable insights and actionable inspiration to create a fulfilling and equitable partnership.

Key Takeaways

  • Open communication is key to balancing relationships and responsibilities.
  • Mutual respect and autonomy create a healthier partnership dynamic.
  • Breaking away from traditional gender roles fosters equality and personal growth.
  • Self-care and solo travel are essential for maintaining emotional well-being.
  • Sharing mental and domestic labor strengthens both partners and prevents burnout.

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Music credit: Neon Fairies by Wolves 

Transcript
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Hello, and welcome magical creatures to the Wealth Witches podcast.

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This is a place where we brew financial empowerment and mix in a little sprinkle

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of magic. I'm Caitlin Magnuson, your guide on this enchanted

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journey to financial enlightenment. Here, we honor all identities and

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invoke our inner witches to create holistic wealth and prosperity. So

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grab your crystals, open your minds, and let's get ready to conjure some

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financial clarity clarity.

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I'm really excited for this topic today, and

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I hope someday to be able to have this particular guest

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on. But in the meantime, I am going to be sharing a

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little bit, behind the scenes of my partnership,

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my relationship with my husband. So a lot of

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you know that he's an employee at the accounting firm that I

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run. We have been married since

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2016, together since 2012, and

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he's not comfortable at this point in time podcasting, but he is comfortable,

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having me chat about him and, to all

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of you who may be listening. And I wanted to it feels a little

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bit conceded at times or self

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absorbed to be chatting this. And this isn't for me to say, you

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know, hey. Our relationship is this amazing purse like, perfect

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pinnacle of what relationships can look like.

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But for a lot of the people that

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I work with or people that I see, especially in the online

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space, I do think that

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sharing candidly about your relationship and how and

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sort of lifting the the curtain or the veil about how things

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work can be really helpful. I know that I have

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followed other people, other creators, and being able to see how

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all of that happened was really beneficial for me. So this is

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again, everything is financially related at the end of the day,

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but this is a really personal deep dive. And this may end up being a

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few different episodes or I may come back to certain areas because there's there's a

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lot. It's been almost 14 years now at the time

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of this recording, and I wanna process this by

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saying that this is my second marriage. I was married and

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divorced at a really early age. I was divorced, I think, by the time I

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was 21. I met David when I was 22,

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and not looking at all for a serious relationship.

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And it's been such an interesting evolution to see I'm now

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33. He's 38. And to see where

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we've come and how different things are from when we got together and some of

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the things that I've noted about all of that.

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So number 1, when we first started

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dating, I was making less than him. I was working in a soul

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sucking job, which I may or may not go into later. Actually,

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the the job was, a cult, and I

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ended up leaving. My ex husband actually still, I think, worked

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for them, which, again, wild, wild story for another

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day. But I met my husband, and he

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had he was working, making, I don't know, I think 40 ish

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thousand. I was making 27,000 at the time. And

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within about 6 months of dating, I had left that employer,

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moved to a much more lucrative position, started making more than him. And

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so outside of those first 6 months of our relationship, I have

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made more than my spouse, which

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he is someone that comes from a much more traditional

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background. And he's never had a problem with

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it, but it was a lot of my own limiting beliefs around things. And so

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just to give you some background, my parents have

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never had super gendered roles in raising

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us as children. My mom's a a nurse. My dad was an

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electrician, and that they really worked their schedules so that they could

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be around for us. Both of them are capable of cooking. Both of them are

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capable capable of cleaning. Both of them were capable of taking care of both my

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sister and I growing up. There are some other things in their

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relationship that I didn't want modeled for my own relationship moving forward

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that I'm but, again, may or may not talk about in this episode or in

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the future. And I think seeing

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that and seeing a household that was modeled

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around who was available, who was able, and regardless,

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both of my parents were capable of doing what needed needed to be done, including

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paying the bills. And my nana, my dad's mom, years years

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ago, had made some passing comment to me that she

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wasn't ever sure either if her 2 boys were going to be married. So they

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knew how to mend their socks. They knew how to cook for themselves. They knew

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how to iron. They knew how to clean. They knew the basics that,

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in my opinion, I think regardless of gender, so many people should know how to

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do. Whether you do get married or not, whether you consciously partner,

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whether you decide to be consciously single or

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unconsciously single. Again, knowing how

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to be self sufficient to an extent, whether you choose

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to utilize that or not, it'd be really beneficial. And so growing up, it was

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just my sister and myself. And, you know, we know how to mow the

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lawn. We helped with firewood. Like, it didn't matter

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what the chore was. We were involved

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in it. And I think that that gave me a a much more

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diverse skill set. And

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my after my divorce with my ex husband and realizing

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that I had essentially married someone that

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who wasn't a bad human, but it was

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a parenting relationship. I ended up becoming someone's

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parent, becoming someone's mother, which I feel like I see happening a

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lot, especially in heterosexual relationships and marriages.

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And this isn't, you know, to bash on men. This isn't to like, none of

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this is meant to do that. It's just not what I wanted.

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I couldn't respect, and I didn't want for the rest of

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my life, someone that I had to tell when they could spend money,

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someone that I had to ask to clean or to do a chore or to

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do something or to contribute to the house. And the chore load and

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the mental load, and I that's the whole point, is I

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was shouldering this mental load. He

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was working 40 or 45 hours a week. I was going to school.

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I finished college during the time that we were together. I was working 3 jobs,

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60 to 70 hours a week. And, yes, we bought a house, and

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we did all these things that, you know, we were supposed to do, including getting

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married. And then I realized that I had continued to change

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and evolve, and what had worked for me when I was 18 or 19 was

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not working for me at 21 and was not working for me when I look

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towards my future. And so during that time, we had a

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conversation, and I had told him that, you know, I don't think that this

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is something that's compatible in the long run. He ended up agreeing with me. It

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was one of the most amicable divorces that I could have seen.

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But so much of what I took away from that was

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it wasn't a marriage that showed me what I wanted. It was a marriage or

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a relationship that showed me exactly what I didn't want. And

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because of that, showed me what I valued, what I was looking for.

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And the cue meeting David at some point in time

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after that and

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not really allowing myself to

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step into who I am now. We started dating when

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I was 22. He was 26. And

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it's been so interesting for me because

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he has never said, no. You can't do this. No. You can't do that, or

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tried to manage what was acceptable for me as

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my role. There was so much that I think I'd been conditioned

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to or, like, whether societally or other things. And so

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for me, going and traveling by myself or going

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and having a solo day, which those of you that know me

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know I'm really introverted. And so for me, being able to take time to

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recharge and have a day where I just I

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don't have to socialize. I can go sit at a coffee shop with my headphones

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in, and I can do some work. I can go to the plant shop. I

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can go get a massage or a facial or go do something that's just

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fun for me. I didn't let myself do a lot of

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those things because I didn't know

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I didn't know how he would react, and I didn't feel that I

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could carve out time for myself. It felt selfish. It

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felt self serving. And I'd say around 25 or

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26, I started realizing that

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it was not only in my best interest, but in everyone else's best interest around

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me for me to prioritize myself. And I think that there was I'm gonna

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butcher the quote, but there's something along the lines of, like,

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you know, everyone will always say, like, you can't pour from an empty cup. Well,

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that to me means that you're you

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need to take care of yourself so that you can take care of those around

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you or so that you can be your best self for those around you

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rather than you deserve to take care

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of yourself and to be a priority for yourself. Not because of your

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value, your worth, or anything else that you can provide to other people, but

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simply because you're human being and you're deserving of that.

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And there was there was another one, I think, that was something along the lines

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of, like, you're the only person that will be with you for your

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entire lifetime, and you're the best

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person to prioritize your well-being, again,

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along those lines. And in thinking about that,

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it it took a while to really sink in and realize that

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never once did my partner at the time, soon to be spouse kind of around

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that time, give me shit or tell me I couldn't

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do something or why why are you actually like, I've always

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had this level of independence and respect that I have

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always tried to reciprocate back. And it's been really

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phenomenal, especially the last few years. But so much of it was

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me being comfortable taking the next move. You know, he didn't necessarily

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realize what I needed. He's not in my head all day. And as much as

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I want him to be omniscient and telepathic and know

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exactly what's going on, it's on me to figure that out. It's on me to

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be able to communicate that just like it's on him to do the same thing

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for his needs and wants. And, you know, you can only anticipate so

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much. And so a lot of what has been going on since probably

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about 2017, 2018 is us communicating

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and figuring out what works, what makes us happiest.

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And for me, that has looked like traveling by

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myself about once, maybe twice a year. Normally, traveling internationally once.

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Having the kind of relationship where I

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feel absolutely fully supported in what I do with work.

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I am able to focus on

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the business, and he holds down the

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house. He makes sure everything's in working order. It's so

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far be be beyond, like, a stay at home spouse. You know,

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he's taking care of the dogs. He's taking care of the cats. He's, you

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know, handling social plans. He's taking on so much of the

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domestic labor that has traditionally been, you know, quote, woman's

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work for so many years. And it hasn't always

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been that way, but especially as I have gotten busier

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and he had stepped away from a full time job that was in person where

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he couldn't do a lot of these things. That's an area where we've had discussions,

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and he's taken that on. He's taken the grocery shopping on, a lot of the

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meal planning on. So the just so much of the mental and

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domestic labor that allows me

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to do what I do best.

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And every now and then, you know, we'll have the conversation of, like,

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how is this working? Like, are there you know, are you feeling like this is

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equal and or equitable, I should say. And we're both at

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the point where we both feel the other does more

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than we do. And that was something I was chatting with my performance coach, I

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don't know, a month or 2 ago. And when we were talking about it, there

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are times that I feel really lazy. You know, he'll be splitting wood

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or putting wood on the deck or, you know, doing dishes. And I'm sitting

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on the couch watching a show or TikTok ing. And he

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doesn't feel that I'm lazy at all because there are also times where he's hanging

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out on the couch watching South Park or he's sleeping in the morning because he

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doesn't sleep very well at night. And I'm doing computer

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work, or I'm doing a house tour, or I'm letting the dogs out potty. And

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there there's no resentment or feeling of laziness there because we each

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feel that the other is, a, doing a bunch of tasks that we don't we

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wouldn't want to do. You know, he doesn't wanna be stuck to a computer all

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day. I'm capable of moving all the wood, but I really don't wanna be.

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I have no desire to go fix the roof and, you know, do a lot

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of the maintenance on the property or the house or all of that. And so

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by having those conversations and being able to flex

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overall work, chores, mental load,

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it has made it one of the most

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nourishing relationships, if not the most nourishing relationship in my

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life to be able to have. And, yes, I could look at, you know, I'm

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a better person when I'm supported that way. He's a better person. We've

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grown. We've changed. We've evolved. All of that is absolutely true,

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but I've gotten to the point now where I would not

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tolerate. And I'm gonna give you a great example. I would not tolerate anything

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less. I feel like I get treated like a princess. My goal is to make

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sure that he feels the same way, whether it's a princess or, you know, prince

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or whatever, someone that is valued in my life, because that's that's the

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truth. We are both a valued

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participant in this relationship. And one of the

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examples that I gave, and I was feeling really I was

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I was feeling the feels about it this week. So right now, he's in Tahoe,

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on a ski trip. I just came back from Copenhagen. I got a

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full sleeve tattoo. It was a 4 day sitting. I was gone for almost 3

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weeks. I had a girl's trip. I had a friend from Austria come

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visit me. Like, it was it was lovely. And David stayed home.

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He watched the dogs. He cleaned the house. He moved snow. He

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did other fun things as well, but he was here and he was being the

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primary parent, we'll say, or the primary animal parent,

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because we don't have human children. And I was gone for

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3 weeks. He fully supports me being gone. There is no animosity.

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If anything, things are a little bit easier for him because I go through a

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lot of dishes, and I eat a lot of food. And there

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there's just a level of input that's required when I'm around. And I have, you

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know, food allergies and all sorts of things that he's able to, like, hungry man

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TV dinner it or whatever. But before we left,

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we made a joint grocery list. It's a shared notes

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app. He puts whatever he wants on it. I put whatever I want on it.

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And then, like, as a household, if we're out of something, one of us will

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add it to that list. It's a collaborative effort, and he does the

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majority of the grocery shopping. So, you know, we go run errands the morning that

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I leave. He drops me off. And in the meantime, I

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came home Monday night this week. It's I'm recording this on Sunday. I came home

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Monday night, and he left Friday morning for

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Tahoe. Not only did he go do all of

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the grocery shopping before he picked me up, and he asked if there was anything

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specific that I needed. And there are a few things that I put in there.

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Like, I put the word snacks. And he was like, anything

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more specific? I was like, just something. If you find something that you

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think I'd like. And in the age of people

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that get sent you know,

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husbands that get sent to the store to go get the ingredients for pumpkin bars

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and don't come back with pumpkin because they don't

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know if they have pumpkin at home or just, you know,

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weaponized incompetence has been like the buzzword of the last several years. But in

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seeing so many prime examples of this happening, it

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is refreshing and supportive to be able to have a relationship

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where that's not the case, where we can have an open dialogue about it, where

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one of us can share if we feel like the other is being unfair in

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their expectations or unclear in their communications. And so

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in the meantime, I come back. He knows that I'm gonna be jet lagged.

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I have a bunch of things to get through Tuesday, Wednesday, Thursday before he leaves,

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work wise because I've been mostly out of the office for the time that I

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was gone. And he picks up takeout.

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He communicates that he's gonna be getting it so that dinner is covered, asks if

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there's anything else that I need. He doesn't hear back from me. He asked if

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I want a burger. I'm landing or getting my badge

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or doing something. I don't see the message. And so by the time I see

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it and I text him, it's too late. He's already gone. And so

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I got out to the car, and he says, hey. I got you a burger.

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I think I got the order right because it's a really specific order. And he

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did. Order was correct. And he just assumed he's like, you'll

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want food. Worst case scenario, it's leftovers. You can eat it tomorrow.

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But that kind

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of give a shit, hair, compassion to just,

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like, there there's no anger that why didn't you answer? Well, I was getting my

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bags. I was, you know, getting there's there's no explanation needed. It's just, hey. She

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wasn't available to answer. Like, I think she's gonna wanna let's get it. We'll air

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on the side of getting it rather than not. So then we get home, and

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in the meantime, he's getting packed up for his trip. He's, you know,

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making sure he has all of his gear. He loads up

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the house with firewood because it is February. We live in the mountains. It is

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cold here. He preps a bunch of meals

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for me for while he's gone because he knows that I have a tendency, especially

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when I'm busy, to not do the best job of taking care of myself,

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especially when it comes to food. He makes sure that we have dog

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food. We have cat food. We have all of their meds for the animals that

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need meds. He checks that everything's in working

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order. He does a once over on the house. He fills up all the

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chicken feeders, waterers, oyster shells, you know,

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everything that he can think of to front load before he leaves,

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he does. And then he communicates with me exactly where my food

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is, what I have. He reorganized the freezer so that he

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knows let me know that I have, you know, this whole shelf in there

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is me foods, Caitlin Foods, basically.

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And that amount

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of legwork, effort is just so appreciated. And, again, I didn't

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ask him for any of it, but

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it's just the bare minimum that shows up. And

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so for me, I'm constantly trying to look at, like that's that's one of his

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ways that he expresses love

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or care is by taking care of

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things like that, taking care of food, taking care of things around the house, making

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sure that I'm not out of firewood, making sure that the cistern is

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filled with water before he goes. Like, what are the things that he can be

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doing? Making sure that the sheets are clean before I come home.

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And all of those things are just so supportive and appreciated

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even if not they're not the same way that I show that I care. And

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so being able to see him for who he is

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as well as feeling seen for who I am has been such an

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interesting transition over the last 12 years.

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And I just want those of you out there to know

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that maybe are in a relationship that is

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subpar or that you're doing the majority of the legwork, or that you're

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doing the majority of the parenting, and

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it's not being seen, it's not being heard.

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There are people out there that

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will see you, will hear you, will contribute, will

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make you feel that you are both or we're all out

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of you both feeling, like, we feel where we almost feel lazy compared to what

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the other does. But it's because we're each communicating and working in the

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areas that come easiest for us or

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that we derive the most joy from doing.

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And that single handedly

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has allowed me to show up in business, to

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show up for my team, to show up for our clients in the way

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that I can. Because if I was in a

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relationship where I needed to be doing the cooking, the cleaning,

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all the domestic labor, like, everything that I that he's basically taken off

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of my plate or taken the majority off of my plate,

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I couldn't. I couldn't show up in the way that I am. I couldn't I

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wouldn't have the energy that I needed. I wouldn't have the social energy,

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and I couldn't be more

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appreciative for the

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relationship that we have built over the last 12 years. And I'm really

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excited to see what the next additional 12 plus

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years brings for what that evolution looks like. And I

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encourage you to have the open communication

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to make the changes to maybe if it's you're in a relationship, but

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that's not the case, to make an exit plan, to

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lay out your finances so that you can do that, to make sure that

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you're taking care of yourself and that you are prioritizing yourself, and

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it can start with baby steps. This started for

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me probably in 2015, and

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I started doing something as simple as, like, I had a massage once a month.

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That was a nonnegotiable. And then once a quarter or so,

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I'd go get facial or I'd go get acupuncture or I'd

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go do something that took care of my physical body. And

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then within a couple of years, it got to the point where about once a

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quarter, and I still do this now. It's not a set date. But about once

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a quarter, I have what we call an excellent lady day that I think we

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got from The League, the TV show The League,

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where it's just all of the things that I wanna do. I go by

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myself. I go to town. I go to the plant shop. I go to the

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coffee shop. I might go get myself a little treat somewhere. And

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that for me is it's nourishing. It's taking care of myself.

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I'm not meeting up with anyone. Same thing.

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Solo traveling, like going to Copenhagen or going to Austria

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or going to Spain or going to Mexico

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allows me to recharge, reinvigorate,

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and show back up most importantly for

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myself, secondarily for my my

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spouse, my clients, my family, my friends.

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But I am my most important

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asset, companion, friend, and

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I want those around me to be their most important person

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as well. That doesn't mean that you can't have compassion, that you can't care, that

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you can't occasionally put other people's needs ahead of yours. But

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I think it is really common for many people,

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but especially a lot of women, to prioritize

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those around them and their needs and

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to derive value, praise, worth

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from what they can provide for others rather than

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feeling fulfilled and feeling at their

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best for themselves. So I'm gonna leave you with

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those parting thoughts. And like I said, we might

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dive into some more of these topics at a later date and how things have

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actually worked, but, and maybe one day we'll get David on here.

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That's a wrap for this episode of the Wealth Witches podcast. I hope our

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magical money talks have left you feeling empowered and inspired. Remember, wealth isn't just

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about dollars in the bank. It's about abundance and financial freedom in all aspects of

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your life. I'm Caitlin Magnuson encouraging you to keep challenging the status quo

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and embrace your inner witch on this financial journey. Until next time,

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stay magical.

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Hey there, magical listener. Are you ready to take your financial to the next

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level? This is Caitlin Magnuson inviting you to join us at the wealth, which

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is monthly program where we dive even deeper into the cauldron of wealth

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from live training sessions about money, taxes, retirement, and business

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support to an inclusive community that's here to support your growth, we've got

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everything you need to embrace your inner wealth witch. Visit our website

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at wealthwitchesdot com to join us. Your wealthier

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self is waiting.

Show artwork for Wealth Witches

About the Podcast

Wealth Witches
Where financial empowerment meets magic!
Welcome to the Wealth Witches™ podcast, where financial empowerment meets magic! I'm Katelyn Magnuson, your guide on this enchanted journey to holistic wealth and prosperity. Here, we honor all identities and invoke our inner witches to create a community where everyone feels welcome and inspired.

Formerly known as the Confident Money podcast, we've transformed into Wealth Witches™ with Katelyn Magnuson. This change is about embracing the once-taboo topics of money and magic, blending them into a powerful mix of practical advice and mystical insights. Whether you're here for financial tips or to explore the magical side of life, this podcast is your new home.

What can you expect from Wealth Witches™? We combine actionable financial advice with a holistic approach to life. You'll hear from guests like astrologers, neurodivergent business owners, and magical creatives, discussing everything from business requirements to the latest trends in holistic wealth. We're breaking down the barriers that make finance feel dry and inaccessible, making it exciting and relevant to your life.

This podcast is for anyone who feels out of place in the traditional financial world. If you've ever felt like your interests in magic, human design, or holistic living didn't belong in a financial conversation, this is the podcast for you. We're here to tell you that you can embrace all parts of yourself and still be financially successful. We're not just talking about money – we're talking about creating a life of abundance and freedom. Our community is dynamic, diverse, and inclusive, and we want you to be a part of it.

Join us as we explore new ways to think about money and life. We're here to challenge the status quo and help you embrace your inner witch on your financial journey. Each episode is designed to inspire, educate, and empower you to take control of your financial destiny.

🔮 Wealth Witches™ Monthly Membership Program 🔮
Are you ready to take your financial journey to the next level? Join the Wealth Witches™ membership for exclusive access to live training sessions on money, taxes, retirement, and business support. You'll also gain entry to our inclusive community where you can connect with like-minded individuals and get even more out of your financial journey. We're a community of passionate, purpose-driven entrepreneurs who see creating wealth holistically rather than stuck in another crypto-bro investing black hole membership. Join today: www.thefreelancecfo.com/wealth-witches-podcast-member

Follow us on Instagram @WealthWitchesPodcast or drop us a message with your questions and episode requests. If you want more advice, visit our main Instagram @thefreelancecfo.

🌟 Enter to Win a Free Month of Wealth Witches™ Membership! 🌟
Leave a 5-star review and include your IG handle to enter. We draw the winner at the beginning of each quarter.

Stay magical and empowered, and remember, wealth isn't just about dollars in the bank – it's about creating abundance in all aspects of your life. Let's conjure some financial clarity together.

DISCLAIMER: This Podcast may receive compensation for promoting or recommending products or services through affiliate links. We only recommend products and services that we believe are of value to our listeners. The content provided in this podcast is for informational purposes only and does not constitute professional financial, accounting, or legal advice. Listeners are advised to consult with qualified professionals before making any financial decisions. The Freelance CFO is not responsible for any actions taken based on the information provided.

About your host

Profile picture for Katelyn Magnuson

Katelyn Magnuson

Katelyn, the driving force behind The Freelance CFO and creator of Wealth Witches, is revolutionizing accounting with a sprinkle of magic. With a decade of experience, she’s not your typical number cruncher. Her unique blend of expertise and approachability, infused with a touch of spiritual insight, has made her a go-to authority. Katelyn believes finance should be a stepping stone to success, not a barrier. With a judgment-free ethos, she simplifies complex financial topics, making them actionable for entrepreneurs and small businesses. Her ultimate goal? To empower you to manifest your authentic life—not a cookie-cutter one!