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It’s easy to get to a point in life where you decide to make a change, but you’re too stuck with the lifestyle you’ve built to do anything about it. On today’s episode we talk about the curse of the golden handcuffs.
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Key Insights
- Many get caught up in society's expectations of what our lifestyle should look like
- Knowing your numbers gives you options & power
- Get clear on what's important to you so you can be intentional
Timestamps
- [01:14] - Introduction to the golden handcuffs
- [02:36] - The "False" golden handcuffs
- [03:16] - Different perspective of liabilities
- [05:40] - Cashflow, the janitor & the doctor
- [10:16] - Ariana's real life experience
- [12:34] - The Freedom Number
- [15:19] - "Once you kind of step out of what the world expects, and realize that you truly do what you want to do for you." Tom
- [18:10] - Shifting your perspective & relationship with money
- [21:23] - Survival mode
- [23:29] - Financial freedom doesn't have to mean giving up things you love
- [25:36] - Enjoy life now, but be intentional towards the future
- [25:46] - Actions
Resources Mentioned
- Cashflow Board Game - Try your hand at getting out of the Rat Race!
- Show 9 - Finding Your Freedom Number
- Leave Us a Review on iTunes - Let us know how you like the podcast. Ratings help more people who need the show to find it.
- Lifestyle Builders Starter Pack - Grab the templates and worksheets to help you get started as a Lifestyle Builder.
- Lifestyle Builders Incubator - Get the training, mentorship, and community support to launch your product or service.
- Apply For Coaching - Schedule a free discovery call with Tom to see if coaching can help take your business to the next level.
Actions to Take
- Tom's Action - I'm going to challenge you to listen to your language and that of the people around you. And what I want you to do is realize that everything is a choice, and you have full power over that. There is an opportunity cost of choosing this versus choosing that. That's where you truly have power and cantruly make intentional decisions
- Ariana's Key Action - Take a look at your current situation. Do you feel stuck there handcuffed? Do you feel stuck doing the things that you're doing because of the lifestyle you have built?
