Podcast Episode 4
Published | Posted by Jonathan Taylor Smith
What Are You Willing To Sacrifice? What are the steps to Financial Freedom?... Yes, it is a buzzword, but it is also a most precious thing to be sought-after with all your effort. And are you really giving it ALL your effort? Are you even giving it SOME effort? Most people think they are, when they really are NOT - or worse, they don't even think about it at all. Which is sad, because you're not likely to stumble into financial freedom. Sure, I buy a lottery ticket here and there, but that's not my plan for financial freedom... That's just me bowing to the 2nd best advertising line in the history of ads... "You Can't Win If You Don't Play". FYI, the best is "What Happens In Vegas Stays In Vegas"; and if you care to know, the worst is "Six Is Greater Than One".
But back to my point... A lottery ticket should not be anywhere in your plan to achieve financial freedom; and if you're going to do so, it will take SACRIFICE. In this episode of the [... and Landlord] Podcast, I relate my personal sacrifices made as part of my plan to achieve financial freedom. My sacrifices included:Entertainment(Sports/TV/Movies);Fast Food&Dining Out- each of these things consumed too much of my time and/or money, so they had to be figuratively crossed-off my daily to-do list, thus largely eliminated from my day-to-day routine. But that was just half of what needed to change. The other side was to replace these time wasters with productivity and learning, plus saving money for investing so that my money could begin working for me.
Instead of watching Football and Basketball, I began listening to Podcasts and reading / listening to books on Business, Real Estate, Mindset, etc...
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