The Get Ready Money Podcast

Unlock a Better Tomorrow with the Fiduciary in All Things Movement!

• Tony Steuer

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On this episode of The Get Ready Money Podcast, I spoke with George Kinder, author and founder of the Fiduciary In All Things (FIAT) Movement about the FIAT movement. 

In this episode we discussed:

  • Why FIAT is essential for the future of civilization.
  • Imagine if we lived in a trustworthy world. 
  • A great first step is to reflect and listen more. 
  • How we can integrate FIAT into our lives, and lead from our personal integrity
  • Without a fiduciary standard, democracy is undermined and civilization can die. 
  • Why institutions have a higher obligation and need to be trustworthy. 

George Kinder is an author and international thought leader. Known in the financial industry as the Father of Life Planning, George has authored 12 books, including three books on money as he revolutionized client-centered financial advice through experiential trainings for thousands of advisors from over 30 countries across six continents. 


A mindfulness teacher for thirty-five years, Kinder has led weekly meditation classes and residential retreats around the world. In his latest book, The Three Domains of Freedom, he inspires readers to experience three profound freedoms: the freedom of each moment, the freedom to pursue one's life purpose, and the freedoms of civilization. He advocates a sustainable approach for institutions to prioritize humanity, democracy, the Earth, and the truth above their own self-interest, a concept he terms Fiduciary In All Things (FIAT).

  • Financial Planning Association’s first Heart of Financial Planning Award in 2006, recognizing “individuals who demonstrate commitment and passion in doing extraordinary work to contribute or give back to the financial planning community and/or the public.”
  • The Transparency Task Force’s Transparency Trophy (2017), recognizing his role in “helping to navigate the industry towards a more transparent, competitive and enlightened state.“
  • “One of 20 People Who Shaped the Financial Planning Industry” (“50th Anniversary of Financial Planning” Special Edition, InvestmentNews, 2019).

Connect with George Kinder:

  • Website (here)
  • LinkedIn (here) 
  • Instagram, Facebook, X and YouTube: @georgedkinder


The Fiduciary in All Things website (here) 

The Kinder Institute website (here)

Life Planning for You website (here) 


Books:

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The Get Ready Money Podcast and its guests do not provide investment advice. All content is for educational purposes. Guest opinions do not necessarily reflect the opinions of The Get Ready Money Podcast and Tony Steuer.

Speaker 1:

Are you looking to get ready, be prepared and transform your financial future? Then you've come to the right place. This is the Get Ready Money Podcast with Tony Stewart, where Tony has insightful conversations with financial experts who are changing the way we think about money. Catch up on the latest financial trends and hear practical advice from Tony and his expert guests so you can build healthy habits that work, Be empowered with tips for implementing small changes that can have a big impact on your financial future. So sit back and get ready to hear from today's guest.

Speaker 2:

Welcome to the Get Ready Money podcast, changing the way we think about money. I'm pleased to be joined today by George Kinder. George is an author and fiduciary thought leader. In this episode we'll be discussing George's insights on the fiduciary in all things fiat movement. George, welcome back to the Get Ready Money podcast. Thanks for joining us again.

Speaker 3:

Tony, it's such a thrill to be back. Thank you so much for asking me.

Speaker 2:

Yeah, excited to have you on and to talk about this. This is an amazing thing. So just to give us a little bit of perspective, what is your origin story in respect to the fiat movement? What inspired you?

Speaker 3:

Yeah, I gosh. There's so many things but the the. I think what really the, the the strongest origin, was that came out of the banking crisis, you know, 15 years ago or so, 17 years ago, and what happened then was I got outraged that the financial industry was involved so much in making a lot, ending up making a lot of people's lives miserable people losing their retirement savings, people losing their homes. And I took it personally, tony, because I, like you perhaps, had dedicated my life to this industry and in every way that I worked, was trying to make it a better place for consumers, for humanity, really, and make it a trustworthy place. So, when the banking crisis happened, I got really ticked off and I started to write this book, and I wrote a thousand pages, maybe 1400 pages, of a book that I called then a banking manifesto, and it was. It was really, you know, quite something. And and at some point I realized, well, wait, a minute, that's not me and part of it was but the, perhaps the outrage, I don't know. So I went to the. It was very dramatic. I went and I took this stack of paper and I picked it up and I went to the wastebasket and threw it all away. And then I went back and I thought what is me? And I and I realized that what I attempt to do with people is inspire them. So I thought how can I inspire people rather than complain a lot about what's happened? We all can complain and we should complain. It's part of democracy. But so I went and I wrote this book called A Golden Civilization and the Map of Mindfulness, putting together an idea that maybe we were all on the same page. If we really talked to people you know, one-on-one or in small groups or in communities, maybe people would say the same thing about what they really wanted and what they thought was wrong with the system. And what I did with. That was really, really exciting.

Speaker 3:

I got an offer by one of the top financial associations of financial advisors in the world to go on a world tour for them. So I thought, oh, this is perfect, I'm going to go and they're going to ask me to talk about financial and I will, but I'm really going to talk about golden civilization and I'm going to have golden civilization conversations everywhere. And that's what I did and I traveled all over America. I traveled all over Europe. I traveled wherever the associations would take me.

Speaker 3:

We had conversations all over the world looking at what would we like the world to be, and everybody wanted the same thing they really did, even in autocratic, poor countries they wanted democracy, they wanted endeavor, competitive endeavor, they wanted kindness, they wanted an end to corruption everywhere, nobody wants corruption. And so there were all these things and I just thought, god, an end to bigotry, food, food and shelter for everybody, you know, basic stuff that everybody wanted. And I thought, well, we've got something here. And then COVID hit and we go, oh no, and I, my travel stopped, I got a terrible case of COVID, which dropped me down even further. And and so I started thinking, well, is there a way to simplify all this, because I can't travel? And and I came up with this thing that in fact there was, um, well, here's the question, tony, that the I, I, I minored in economics at harvard, so I put on that old economics hat which I've always loved, and I thought 250 years ago began this huge explosion in growth in the West.

Speaker 3:

And look at you and me we're talking across continent practically, and it's so wonderful. And we've been around a long time, perhaps a lot longer than our ancestors were around, and so I thought great stuff, incredible stuff. We all know that. How come we're in such a difficult place Banking crisis, the global warming crisis with democracy? How come? And I thought, if we had the very best system over that 250 years because there's all this competition which creates new things, which is why it's been so wonderful If we had the best system, wouldn't we see the very best of humanity at the very top of every hierarchy of power? And I thought, well, that makes sense for how the systems are supposed to work.

Speaker 3:

And and I looked around and I didn't see a single one.

Speaker 3:

I mean, you might be able to identify one of your favorite nonprofits or something, but I couldn't see a single one where I thought wisdom and compassion are at the top of that organization.

Speaker 3:

They care about humanity, they care about the planet, they care about democracy, all of these things, and they're it. They care about the planet, they care about democracy, all of these things, and they're it's filtering all the way down. So I thought there's got to be something that we can institute when anybody becomes incorporated or when a government forms, or when a non-profit forms that we have. People swear that, in addition to getting all these privileges, they have a responsibility to people, to the truth, to democracy and to the planet. And I realized and I talked to a number of lawyers, a few political people, and they said, george, you've nailed it, this would do it. So that's kind of the origin of the whole thing and it was very exciting to come there and arrive at that and realize we've got a simple solution for almost all the problems that we face in the world right now on your question, I'm not sure that I can point to at least many political leaders in that position.

Speaker 2:

Yeah, I can think of a few leaders of especially smaller nonprofits. But I think and I've seen this in the insurance industry is that oftentimes people at the top have no idea what's actually happening with the end user. And I know, I've seen that in the insurance business, where they keep designing all these products and how they market them, but the consumers have no idea what they're buying, the agents have no idea what they're selling, the insurance companies can't even service policies. The insurance companies can't even service policies and the regulators are undermanned and understaffed and their most experienced people end up going into the private world. So it's, you know, it's a challenge, and I'm with you this. But I think it comes down to who we are as a person and that sometimes these people rise to leadership and they forget about what it's like to not be a leader. So this movement is inspiring me. So, you know, let's tell everybody about it. What is the fiduciary in all things movement?

Speaker 3:

Well, and I love your preamble there, tony, because in the early days I was a financial advisor, obviously, and when my clients came in with these really complex insurance policies or whatever, I tried to dive in and figure out what's the real rate of return here and what's really happening. I couldn't for the life of me. It took me hours and hours and hours, and when I called insurance people to explain it to me, they couldn't explain it to me either, or what they said was just not clearly not true when you really got down to analyzing it. So, right on, and that's what, in a way, that's what the fiduciary in all things movement means, in a way that it's time you know.

Speaker 3:

In financial services a lot of people don't even know what fiduciary means. But in financial services, fiduciary is a term that we all know and you're either on one side of it or you're on the other side of it, and if you're on the other side, you primarily want to sell and you don't want to be held to a higher standard of some sort. And then there are those who go no, the consumer comes first and let's do it. The problem has been that we've been played against each other when really I think people on both sides are good-hearted people. People on both sides really want to help people, I think, more than anything. And so what I realized was that the issue is not so much between different kinds of advisors, but between those who are fiduciaries, those advisors who are fiduciaries, and the institutions that are never fiduciaries. They are only fiduciaries to their shareholders, so they're only fiduciaries to money and profit, and that means that the consumer gets the short end of the stick. So you're going to get these complex legal arrangements and nobody can figure them out, but they've been very carefully outlined by the attorneys for the big institutions.

Speaker 3:

So what I realized was that what we really needed was a movement that made fiduciary, which is care for the consumer or care for, in this case, all things. We needed a movement that would create every institution, would require every institution to be trustworthy and be a fiduciary toward the truth, toward people, toward democracy and toward the planet toward the truth, toward people, toward democracy and toward the planet. And the movement is really just beginning, but I've been talking about it for a couple of years and we're beginning to get traction. It's very exciting and we've got people on multiple continents and multiple countries talking about it and engaging around it and figuring out how to do something in their particular arenas. And I think it has to be a grassroots movement, partly because of what you just said.

Speaker 3:

Where's the politicians? And even you know a lot of people. The Democrats tended to be much more in favor of a fiduciary standard in government, but even the Democrats are, you know, have large billionaire supporters that you know might not be in favor of limiting their freedom to make a lot of money. So I think it has to be a grassroots movement to make the vision really strong, and that's that's what I'm doing right now.

Speaker 2:

That's what I'm all about well I'm with you and again, you know, as I reflect through it and we think about some of our billionaires in society, is how many of them, besides bill gates and warren buffett, are known for their philanthropy, and I think that's a reflection of who they are and how they act, and that's something that all of us can think about. Is, you know, breaking down the word fiduciary, and your point is to?

Speaker 2:

I've seen some people who are sales compensated only on commissions, and they're wonderful compensated only on commissions, and they're wonderful. They care completely for their clients. And I've seen people who are compensated by fees and that is definitely not the case by any means. So I think that it's really how everybody incorporates these things and how we each choose to act and what our personal code of ethics is.

Speaker 2:

So you know, I think we've already talked about what inspired you to start the fiat movement. But you know, let's talk a little bit about the fiduciary standard so people can understand what that is, especially. Even I think sometimes those within the financial services industry tend to struggle with what it is. What is a fiduciary standard?

Speaker 3:

Yeah, so, and you're right, and one of the things that happens and this is the reason that truth plays an important role in this is that it gets twisted up by the press. So you think it's one thing.

Speaker 3:

One day and then you find out that the press or politicians, because of all kinds of pressures on them, have made compromises. Things movement because it's important that we have a society where our institutions that have these extra powers, they have extra leverage, they can get capitalized with lots of money and then they can borrow lots of money and then they've got the ability to spread their so-called free speech out to all of us, and often at the sacrifice of the truth or the planet or people or democracy. So a fiduciary standard is a standard of care. It's a standard where the person who is the fiduciary or the institution that is the fiduciary has a responsibility to be trustworthy and caring and putting all of these other things first. So in the financial industry, we've understood it as putting the client first, and that has mostly been interpreted as being that you should charge only fees and not sales, talking about what you were talking about. That's been mostly how it's been interpreted In my understanding. However, I would say that if you're going to put the consumer first, that there are a number of other ways that you would need to do that, and one is to have a more holistic understanding of money, so that the consumer actually is thought about in all these different ways and not in relation just to the product that they're purchasing, so that the fiduciary is capable of helping them make decision on should they in fact buy that particular product. So they know a lot of things, and often that's in our day.

Speaker 3:

The certified financial planner designation is the strongest designation. We've got around that. And then the third thing is a movement that I started a number of years ago called life planning, and that is that if you're really going to put the consumer first, boy, you got to be a really good listener, because their life isn't about buying financial products. Their life is about having something meaningful, doing something for the community. They're in doing something wildly creative, caring for their kids, doing something spiritual that has great meaning. And to be a fiduciary to them, I think, requires all three of those things attention about the fees, holistic approach to finances and really putting them first, who they are, who they want to be. Then you're going to deliver something to them that's incredibly valuable to them, and it may very well include a product, but their money life's going to be sorted out in a way that's incredible to them, and it may very well include a product, but their money life's going to be sorted out in a way that's incredible for them. So a fiduciary standard, that's in the world of finance. And what I'm suggesting is we need a standard like that for all of our institutions, because they're the ones that run amok much more than we do.

Speaker 3:

You know, you can blame global warming on each one of us because we have a car Well, that's not really fair or because we, you know, we haven't recycled all of our stuff. But the truth is that the institutions are so powerful with it. It's clear that global warming came largely from fossil fuels and from the companies that made their money from it. So a fiduciary standard of obligation to the planet would mean that they would have addressed the issue of global warming a long time ago and we wouldn't be facing the kind of crisis we have right now. So it's that kind of care toward democracy, toward the truth, is huge right now and toward people.

Speaker 2:

Yeah, I love that. And when you talk with people one-on-one, you know even CEOs and you know these owners and you know people that I, you know that I've talked to. You know people that I, you know that I've talked to, you know in those positions or you know themselves is in their own lives. They are trustworthy and caring, often you know with their own loved ones, with their kids, with their aging parents, and so they do have that. But I think you know that they don't act as stewards responsible. But I think it comes back to and I'm going to for everybody, I'm going to link to George's work in life planning because it's great stuff me to.

Speaker 2:

It is what you said about listening, that I saw a lot of the issues I saw in the insurance business, especially in litigation a lot of times. There are some really bad actors out there, without a doubt, but that a lot of the cases were because the insurance agent didn't listen to what the client was asking for and the client thought that they were buying something other than what they were buying. And so that listening and I think big corporations you know, as we go back to that and politicians, they don't listen to what other people want they do, what they think should be done or what they want to do, and so I think, if we put listening at the core, that that is a valuable skill that is at the heart of best interest, whether it's for financial services or for politics or anything else. Is that maybe listening is a core skill for all of?

Speaker 3:

this. I couldn't agree more. I love your thoughts there and I think you're absolutely right about the CEOs, that every one of them, I mean. We're all human beings and so you know we all have hearts and we're all touched in ways that make the goodness and kindness of our hearts come forth.

Speaker 3:

Institutions are not human beings. They're not and they are set by. They've got a set of rules. They're hierarchical in structure. They've got a bunch of human beings in them, but they don't operate as a human being, and so they're operating again for a fiduciary standard toward their shareholders, to make a profit. So that's their objective. They have a hierarchy, so it's not a democracy.

Speaker 3:

They're able to sell product with the words that they put out, with their so-called freedom of speech, and often those words, just like you said, that the consumer might have read the sales pitch or whatever it was, but the document that they signed, even if they read it, they usually couldn't understand it and still would have thought it was something that the insurance agent, who might not have read it, said it was, and it wasn't that. So I think institutions have a higher obligation than we as human beings. We all know we're flawed and we are human. Wonderful for us each to be trustworthy, but institutions, because they have such power, we're not sustainable as a planet, we're not sustainable as a democracy. The truth is clearly not sustainable without them having this fiduciary relationship to us all and to the things we care about most.

Speaker 2:

Definitely, and we've seen that in our society. When corporations decide that they want to take a stand or influence, a change is that they are able to be, leaders and that we look at certain people, you know leaders. So, you know, let's talk a little bit about you know why is fiat essential for civilization and earth? I mean, you know, we've talked a little bit about global warming and everything else is is how can Fiat really? You know why? Why is it so critical to everything?

Speaker 3:

You can see it today in the news. I mean it's um, uh for civilization. One of the most incredible human inventions, maybe the greatest invention for humanity, is democracy. And right now you see an absolutely wild, crazy leader saying that this country that wants to be democratic and wants to join NATO and wants to be part of the EU community of democracies is a dictatorship and was the starter of a war with a country that we know is a dictatorship, that doesn't have a legitimate democracy and has immense power.

Speaker 3:

So without a fiduciary standard of truth, not only by corporations but also by the government, democracy is undermined. We've seen that in America lots of ways. It's been undermined and a lot of times by things that aren't true. All the political advertisements that come out that tell half-truths or 10% truths and the people vote accordingly. That's totally inappropriate and without democracy civilization, we're facing an end of real civilization. The greatest thing we've ever invented is dying and the Earth, we know that it's dying by the degree of warming that has happened over the last 50 years or so.

Speaker 3:

But if we had a fiduciary standard for every institution, they wouldn't be able to do that. You wouldn't have institutions that had ongoing pollution Once they discovered that they were polluting, something that would cause a problem for the planet, they would immediately get busy figuring out how to stop it and not immediately get busy and figuring out how to spin the truth so that a lot of people buy into their weird tiny fraction of a percent arguments that defy science. So we need institutions we can trust as human beings. I mean, this is the amazing thing, tony. Imagine if every institution in the world corporate, government, nonprofit you could trust in everything they do, that they were trustworthy. That would just be an incredible thing. In everything they do that they were trustworthy.

Speaker 2:

That would just be an incredible thing. I agree with you completely and I think you know. I mean I don't want to be negative, but I feel there is a breakdown going on right now, as you know, as you talk about people not taking for me, it's people not taking responsibility for their actions and expecting others to carry them. It's like you know, I did some wilderness, first response medicine and you know, the first thing that you're always taught, you know, just like on an airplane is you take care of yourself first. You never become, you don't want to become another victim, and that's, I think that there's a personal responsibility for each of us and that a lot of us tend to forget and for watchers and listeners.

Speaker 2:

I know this is a little bit different than our normal conversations, but I think it's important because money does tie into these things. So just to let everybody know we're not going too far off the track here. So you know, george is you know, as people reflect on this is how can people start to integrate this fiat vision into their own lives yeah.

Speaker 3:

Yeah, one of the things I mean. I'm touched by what you're saying and your reflection back on CEOs, and here we have three elements. We've got individuals. We're all individuals. We've got CEOs who are at the top of a hierarchy of power itself, whether it's a corporation or a government or a nonprofit, because nonprofits can take single issues and, rather than tell the truth, the whole truth and nothing but the truth, just pitch that single issue. So we need a standard that we can all trust and feel is trustworthy, and one of the things that is, our society is breaking down in many ways right now around all these things, and one of the ways that I mean it's so important for each of us, as you say, to aspire to this and to attempt to be trustworthy in this way, partly because those, those are the people we respect.

Speaker 3:

There's a wonderful tale from ancient China, from Confucius, and this was truly what happened. Confucius was talking to all. There were five, I think there was five states that China was in at that time. Each one of them had its own governor or emperor or king or whatever, and he was asked by one of them how can I stop my people from being greedy thieves? They're just stealing from everybody. And Confucius looked him in the eye and he said you know, if you stopped your own greedy thieving, all of them would follow suit, because they look to you and think what is the model of proper conduct as a human being? And you were it as a human being, and you were it, so, um. So I think it's very important that we do it and we, uh, but but also, and even more important, because we don't, because all institutions are amok that we have a requirement that every institution also be trustworthy yeah, I completely agree with you.

Speaker 2:

I'm reflecting. There is I went to a conference when I was very young in the business and it was an attorney and he was talking a little bit about ethics and everything else and he said here's the rule to keep in mind he goes, you're deciding whether to do something or not, and then he goes. Imagine your seven-year-old daughter is leaning over your shoulder and you have to justify that decision with her. Would you still make that same decision, knowing that you have to explain it to your seven-year-old daughter and for me that's been a rule that I've lived under for my professional life is like is that something that I'd be willing to explain and live with with a child?

Speaker 3:

Beautiful, yeah, right on, and, and that's really what we're trying to do. And not only should we be living with the, with that code of ethics that a child kind of understands when you really ask them those questions, but also we want to have a world that protects our children, that is there for our children, and there we need democracy. We need a world that tells the truth. We need a planet that is healthy and we need not this bizarre inequity that is present in civilization today.

Speaker 2:

Yeah, yeah, and I think you know, without going too far down, the inequity is, I think that it hurts all of us, even those at the top is you know that, essentially, eventually these things balance out. They never end well when you have a severe imbalance.

Speaker 3:

So you know it's balance is good for everybody. That's right. Yeah, that's right.

Speaker 2:

So, you know, how can you know people, you know, how can they start to spread this vision? You know, as, once they've decided, you know, that they want to, you know, integrate this into their own lives, into their own actions, how can they, you know, encourage others? I know, within our group, we've talked about that and we're just getting started on some ideas. What do you recommend to listeners who are saying, hey, I really like this?

Speaker 3:

you know, and even to listeners who are going are going, well, I don't know. Yeah, it'd be kind of nice, but gosh, how can they ever do it? Um, because a lot of us have that skepticism about accomplishing anything, this, this, um dramatic, this uh bold, this filled, filled with it, as it is, with integrity, and I think the first thing that I would say that's really worthwhile doing is buying the and reading the book. It's called the Three Domains of Freedom and it's a really simple see if I've got one here on the desk. It's just, it's a book of wisdom. I think it's really, you can see, it's really short and inspiring. The Three Domains of Freedom Each moment is yours, your life is yours and civilization is yours, and it touches on a lot of the themes we're doing and it leads from a personal care and personal integrity, leads from that into civilization, and then it leads to the fiat movement. So it gives you a real, real understanding, a background and a way of talking about it with other people. So that's that's really helpful, just to have that kind of of argument and and depth of thinking about it, and it will stir up thinking for yourself. Um, do a book club, have people talk about it, debate it and um, and then there are just so many other things that we've thought of to do.

Speaker 3:

One of the things I did here with my 20 year old daughters and their best friends, around the kitchen table and we call it a kitchen table conversation and what we did was we showed them the fiat language. A fiduciary standard is required of all institutions, whether they're governmental, corporate or non-profit, to place the interests of the truth, people, the planet and democracy ahead of their own self-interest, ahead of their own self-concern. And we asked them to reflect on what their life would be like. Let's just stay with the vision. What would your life be like if the world were like this, if all institutions were trustworthy? How would your life change? And there were some amazing things that people the kids said well, I'd relax, you know, I could feel more at ease, I'd be more happy. Someone said, one person said and there was nods around the table because these were all young women well, I consider maybe having children after all, and that was a shock to my wife and I just hearing that that they've assumed that they're in a dystopian kind of world with the planet failing and democracy failing and they're questioning whether bringing more people into the world is right to do so.

Speaker 3:

A kitchen table conversation is a wonderful thing. Spread the vision. What would it feel like? And we've got a great website, fiduciaryinallthingscom, or you can go on my own website, georgekindercom, and find it, and there are lots of things there that you can see that you could do. One of them you can buy the books in bulk for like half price and then give them away. It's a wonderful way of spreading the message and getting people thinking about this. It's important that we spread the vision rather than try to figure out how can we do it. Yet If everybody has the vision, it's like getting a man on the moon. We'll figure out how we're creative and inventive and incredibly smart creatures. We'll figure out how we're creative and inventive and incredibly smart creatures.

Speaker 2:

We'll figure out how yeah, yeah, and I think at the core we've talked about this is that everybody does want help. Is there very few people who would, of people are going to want to help and to do what?

Speaker 2:

they can. But what you said is to place others before your own self-interest. That can be very tough for people. That can be very tough for people. So you know, just real quickly, before we wrap up, is you know, do you have any tips for people you know who are kind of, you know, hesitant to place themselves? I mean to place others before?

Speaker 3:

their own personal self-interest if they're hesitating there.

Speaker 3:

Yeah, I think that one of the things we have on the website is signing a pledge, and it's not a pledge to be perfect, it's not a pledge to place everybody ahead of yourself, it's a pledge to support that this really should be the way that our structures work. And so to start by kind of making that pledge, just taking that step and saying, yeah, I agree, this is how things should work, and then just begin to reflect when you see yourself perhaps in a complex, conflicted situation, just you know, think more and listen more to the alternative of what would be. Just to think what would be placing other people, or your clients or your customers, what would be, or place your spouse. One of the things I've learned and it's made for a great relationship is that if you place your spouse, your partner, first, if you really want them to succeed, well, wow, what an incredible life you have. It's the greatest asset in a family is to know that your partner is really living a fulfilled life. So those would be some of the things I would think of Tony.

Speaker 2:

That's, that's awesome and that's great advice and I think for all of us who have kids, you know, is we automatically? Well, not automatically, but most people, you know they'll do anything for their kids and to see their kids succeed, and it gives, and I think that maybe that's a thing is to remember. You can apply that feeling to other areas. You know there's nothing like volunteering. I know that personally I found volunteering very rewarding.

Speaker 1:

And it.

Speaker 2:

You know doing these things does come back to you. We probably don't want to talk about karma in this episode, but you know there is. You know you do get rewards, as you mentioned, in intangible ways by helping others.

Speaker 3:

Yeah, and the kids is such a great example. I mean because we do. We feel like they come first in so many ways and we're kind of even stunned by it in our early days perhaps. But imagine if every institution treated humanity as if humanity were their children. So of course they would tell the truth in all their advertising and everything they do. Of course they would support humanity's democracy, not buying the democracy out from under them. So I mean, it would be an incredible thing and it's possible, it's not.

Speaker 3:

People might say, hey, this is utopian. Well, I don't think so. I think it's the beginning of how a global civilization has to work. Without a system like this, a global civilization will fall apart. So if we have this kind of rule now, we're at a beginning phase where I think people will feel so much more trust in their institutions that they will find greater creativity, greater entrepreneurial energy inside of themselves, greater engagement with the world around them. Cynicism that we all have all of us is a disease and it's really caused by the fact that we don't underneath it all, don't believe largely that institutions will hold to their best statements coming forward. So imagine if we did not live in a cynical world but we lived in a trustworthy world where, instead we trusted all those things, where instead we trusted all those things, we'd see an incredible amount of energy suddenly released in the planet. That would be extraordinary all over the world.

Speaker 2:

Yeah, I love that and I think that's a great place to wrap up. You know you start to mention is where people can learn more about you and get involved with the fiduciary and all things movement.

Speaker 3:

So you know, if you just quickly summarize that, and maybe any social media channels where you're active, yeah, I'm hugely active on LinkedIn and fairly active on Facebook and active somewhat on Instagram as well, and I think we're starting Blue Sky is one of the things we're doing now too. I think we're starting Blue Sky is one of the things we're doing now too, but the the websites are really pretty cool that I think, anyway, that George Kinder dot com has a lot of things I've done. I've been wildly creative in many ways. I started a movement in financial services, but also I'm a writer, a poet, a photographer and and I've done a rock and roll album on Spotify that you can find. That I did. That's cool. But on that site you'll see something on fiduciary in all things. You could also go. If you just want to do this fiduciary thing, go to the website fiduciary in all thingscom.

Speaker 2:

It's accessible from my website and also from just going directly to it. Yeah, and, of course, for everybody watching and listening, as always, there will be links to all these resources and ways to get in touch with George, follow him and the fiduciary and all things movement. So, george, thank you for joining us today on the Get Ready Money podcast.

Speaker 3:

Wonderful privilege, tony. Thank you so much for inviting me.

Speaker 2:

Yeah, and thank you everyone as always, for tuning into this episode of the Get Ready Money podcast. If you learned something today to change the way you think about the money and in this case, in your life, you know please be sure to subscribe and to tell a friend. Until next time let's change the way we think about money. You

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Tony Steuer

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