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BiggerPockets Money Podcast

398: How to Change Your Financial Life with a Money “Reset”

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.62.9K Ratings

🗓️ 3 April 2023

⏱️ 55 minutes

🧾️ Download transcript

Summary

For so long, early retirement has been THE goal of those chasing financial independence. Can you imagine waking up with unlimited time, not having to work, and reporting to no one but yourself? Now imagine that day in and day out. Before long, the luster of never working gets to you, and that's because if you've achieved financial independence, the regular type of "retirement" just won't work. But what if you could restart your career, do something you REALLY cared about, or build your dream business? Jill Schlesinger, author of The Great Money Reset: Change Your Work, Change Your Wealth, Change Your Life, has redefined what FIRE should mean. Instead of financial independence, retire early, she's opting for financial independence, new endeavor. Now, those skills you've been building for decades can be put to good use, working how much you want, for who you want, and doing what you want. But what if you're not at financial independence yet? What if you're stuck feeling miserable in a job, slogging your way to retirement? Jill suggests performing a "money reset." Through a five-step system, you'll see where you stand financially, what's important to you, and how to change your life entirely so you can stop doing what you must and start doing what you love. Whether you're retired, retired early, on the path to FI, or don't know where to start, Jill's money thoughts will rock your financial world. In This Episode We Cover Why you (probably) AREN'T pursuing your dreams, and whether money is REALLY the issue Resetting your career and why it's a smart move to make MULTIPLE times in life The FINE alternative to the FIRE movement, and why working after early retirement is a blessing, not a curse The 'Fabulous Five" that will give you an overall picture of your financial health and money wealth How to perform a "money reset" no matter what stage you're at in life (or how much money you have) And So Much More! Links from the Show BiggerPockets Money Facebook Group BiggerPockets Forums Finance Review Guest Onboarding Mindy's Twitter Henry's BiggerPockets Profile Henry's Instagram Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! On The Market Subscribe to The “On The Market” YouTube Channel Listen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets Check Out Mindy’s 2022 Live Spending Tracker and Budget Money Moment Click here to check the full show notes: https://www.biggerpockets.com/blog/money-398 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Let us know! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Bigger Packets Money Podcast where we interview Jill's

0:03.5

Lessager and talk about her book, The Great Money Reset.

0:07.6

Hello, hello, hello, my name is Mindy Jensen and joining me today is my guest

0:12.4

co-host from our sister podcast on the market, Henry Washington.

0:17.2

Hey, thank you for having me. I'm super excited and I just love hanging out with you.

0:22.0

Thank you for joining me, Henry, while Scott goes off gallovanting to Skeetown.

0:27.9

Henry and I are here to make financial independence less scary, less just for somebody else.

0:33.2

To introduce you to every money story because we truly believe financial freedom is

0:36.9

attainable for everyone, no matter when or where you're starting.

0:40.2

Whether you want to retire early and travel the world, go on to make big time

0:44.4

investments and assets like real estate or start your own business,

0:48.2

we'll help you reach your financial goals and get money out of the way so you can

0:52.4

launch yourself towards your dreams.

0:54.3

Henry, thank you for joining me today. This is going to be a super fun episode.

0:58.8

We have Jill's Lessenger from The Jill on Money Podcast

1:02.8

into talk about her new book, The Great Money Reset and Holy Canoli, Does She Deliver?

1:08.2

Oh, man, she's a rock star. What I appreciate about Jill most is it's almost like this,

1:15.7

you know, it's like your, it's like I even think she calls herself this. It's like your,

1:20.0

you're not kind of giving you a reality check about how to put your finances on paper and make a

1:27.3

plan, but not in a way that you feel judged for it, but just kind of talks you, talks to you

1:33.4

about the things that we truly not like you need to have a plan and a budget, right? Everybody

1:37.8

gets that. But like the way she kind of common sensically talks you through and then gives you a

...

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