3 Questions To Ask Yourself Before Taking A Financial Stretch
The Chris Harder Show
Chris Harder
4.9 ā¢ 1.5K Ratings
šļø 23 November 2022
ā±ļø 15 minutes
šļø Recording | iTunes | RSS
š§¾ļø Download transcript
Summary
How do you know when you're stretching in a way that will make you level up, or if you're just being fiscally irresponsible? There are three questions that Lori and I ask ourselves when we're thinking about making a big investment. I break down what those three questions are and share measurable ways that can help you get really clear on your decision. I also share real examples of how we've used this system to radically change our lives for the better.Ā
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IN THIS EPISODE, WE TALK ABOUT:
- How Lori and I decided to move to California and live in the 'Bentley building,' even though we were still recovering from The Great RecessionĀ
- Recognizing when you're making excuses for irresponsible spending habitsĀ
- Why you want to have 12 months of liquid runway available at all timesĀ
- Tangible data to consider before making a big purchaseĀ
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RESOURCES
- Fill out the application now for the 2023 Elite Mastermind: chrisharder.me/mastermindĀ
- Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.Ā Ā
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CONNECT WITH CHRIS
Follow Me: @chriswharder
Visit My Website: https://chrisharder.meĀ
Transcript
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| 0:00.0 | Whatever your monthly bills are, times 12, |
| 0:03.7 | that's your 12 months of runway. |
| 0:05.4 | So whether you're investing to be in a mastermind, |
| 0:07.2 | you're investing to be in a certain home, |
| 0:09.5 | or a certain neighborhood, or a certain group, |
| 0:11.2 | or investing in a certain investment, |
| 0:13.5 | where your money's tied up in that investment |
| 0:15.1 | for several years. |
| 0:16.6 | You need to only make that investment. |
| 0:19.0 | If you can simultaneously keep 12 months |
| 0:21.6 | of available runway tucked away somewhere |
| 0:24.2 | in addition to making that stretch. |
| 0:30.7 | Welcome everybody to the Chris Harder Show, |
| 0:32.8 | where we are making you unapologetic |
| 0:34.7 | about your pursuit of success. |
| 0:36.2 | Knowing that when good people like you make good money, |
| 0:38.6 | they can then do great things. |
| 0:40.6 | My name is Chris Harder and several times per week. |
| 0:43.0 | I will bring you epic guests, solo episodes, |
| 0:45.5 | and every single tool trick and skill set you need |
| 0:48.2 | to grow your business, grow your money mindset, |
| 0:50.5 | and to grow your wealth to levels |
... |
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