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Investing in Real Estate with Clayton Morris | Investing for Beginners

5 Steps to Stop Living Paycheck to Paycheck - Episode 660

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Business News, News, How To, Business, Education, Investing

4.11.1K Ratings

🗓️ 13 August 2020

⏱️ 12 minutes

🧾️ Download transcript

Summary

Ready to stop living paycheck to paycheck? There are five simple action steps you need to take in order to build a better financial future.

On this episode of Investing in Real Estate, you're going to learn five tips to help you shift away from the traditional 9-5 model. If you're currently living paycheck to paycheck and wanting a change, this episode is for you.

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Transcript

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0:00.0

Five steps to stop living paycheck to paycheck. That's today's show. Let's dive

0:10.6

into it. Hey everyone, I'm Clayton Morris,

0:13.1

longtime real estate investor and entrepreneur.

0:15.6

I have created multiple seven-figure businesses.

0:18.0

And on this channel, we teach you how to build wealth,

0:20.6

how to build financial freedom,

0:22.1

how to start a business and change your life.

0:25.7

So today I want to talk about living paycheck to paycheck.

0:28.1

A lot of people get stuck in this rut and the mentality is that a paycheck is a safety net.

0:33.6

It's something that's going to provide you sort of a nice cushion every day.

0:38.1

It actually ends up becoming a golden handcuffs, not a safety net.

0:42.3

It is one of these things that holds people back.

0:45.2

When you have a paycheck, it's easy to get lulled

0:47.8

into a false sense of security to believe

0:50.2

that you are totally safe.

0:52.0

What happens if the rug is pulled out from underneath you and you lose your job?

0:56.0

That is not a safety net. Working for somebody else because you get health care coverage and

1:01.9

because you get a consistent salary actually really

1:05.2

hold you back from making a change in your life. So there are five things that I wanted to talk about today

1:10.8

to help you stop living paycheck to paycheck.

1:14.0

All right, number one on my list is to commit yourself to doing this.

1:18.0

Recently spoke to a brilliant entrepreneur.

...

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