Episode 753 – How Money Influences You - Part 1
We All Have Our Own Threshold for Where Time Starts to Matter Over Money
For Mike, he knew he was starting to feel comfortable with his money when he was willing to pay over a dollar at Taco Bell. Then, it was not paying super close attention to the menu at Olive Garden. Before long, he was to the point where it wasn’t worth his TIME to drive around looking for the cheapest gas in town. It was the same when he decided to hire someone to take care of his pool. His time became more valuable than his money. But that threshold is different for everyone. For Jackson, he decided to hire a house cleaner simply because he didn’t want to take the time out of his busy day to clean after working all day. He admits it maybe isn’t even the best financial decision for him at this point, but he likes the peace of mind it brings by taking that off of his plate. There’s no right or wrong answer here, it’s just making the decisions you feel best about and using your money in a way that feels right to you.
Keeping Money Has More to Do With Mindset Than Profit
Money Doesn’t Need to Change You
Just because you start to earn more money doesn’t mean that you have to be a different person. Even the richest people in the world are still at the end of the day just people. But a lot of that has to do with mindset because you can definitely LET it change you if you get too caught up in what having a lot of money should or could mean. If you are really clear on who you are before the money, having it won’t change too much. And that can be a really good thing.
Final Takeaway: Your mindset has a lot to do with how to effectively create and keep money in your life.
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