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Radical Personal Finance

1039-Financial Goals You Should Set (4): Build a Career Plan to Get Into the Top 20%

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Finance, Retirement, Insurance, Business, Money, Education, Self-improvement, Financial, Independence, Growth, Advice, Investing, Family, Personal, Radical, Christian, Faith

4.41.9K Ratings

🗓️ 18 July 2024

⏱️ 38 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Welcome to Radical Personal Finance, a show dedicated to providing you with knowledge, skills,

0:03.4

insight and encouragement you need to live a rich and meaningful life now, while building a plan

0:07.4

for financial freedom in 10 years or less.

0:09.8

On today's podcast, we continue our financial Goals that you should set series.

0:14.4

I'm laying out for you a series of simple, tangible financial goals that each and every person

0:21.5

should consider setting for himself or herself, which if you set

0:25.8

these goals they will move you consistently and in some cases dramatically towards

0:31.6

your goals. I'm making a special focus to make these things

0:35.5

meaningful and yet doable. I want them to be accessible to all people, especially the young, especially those who aren't making a lot of money yet.

0:46.0

I want you to systematically move down the pathway of wealth.

0:50.0

The first goal, goal number one, was simply get a job. The second goal was live on half your income, spend half, save half.

0:59.0

So far, by the way, that's probably the hardest one. But as I emphasized in that podcast it's something

1:04.2

that you can work towards systematically in a variety of different ways even if your

1:08.9

expenses were already high goal three was give away 10% of your income.

1:13.0

And today, goal 4, I want you to begin or build from where you are a job or a career that has potential in the fullness of time to help you to become a

1:28.9

top 20% earner.

1:32.2

I want you to build a plan that will eventually, could eventually in the fullness

1:37.4

of time help you to be in the top 20% of income earners within your local area.

1:44.0

Now I'm going to define that very carefully and specifically,

1:47.0

and I'll show you why this is such a big deal.

1:49.0

But I actually want to begin with a slightly smaller goal.

1:52.0

As we do that, though, I want to begin with a slightly smaller goal. As we do that though I want to begin by

...

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