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

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

a plan for financial freedom in 10 years or less. My name is Joshua Sheets and I am your host. Today I want to

talk with you more about your income and give you some ideal targets for the type of

income that you should target. I am embarrassed often to hear about

very capable people who aim low on their income.

I'm embarrassed about it.

Now I understand it.

A little bit, I understand it intellectually and I understand a little bit

emotionally as well. I especially understand it if you're working in a career that

you just don't like or you're in a job that you just don't like. I've been there

done that and I get that. And so there's a tendency to focus in and say, well, how can I lower my expenses as much as possible? But over the years of radical personal finance, I've done a series of shows trying to confront this problem, especially for young men, to say you should have ambition to increase your income.

I tell you again, again you should have ambition to increase your income if you

don't have ambition to increase your income, why not?

There are a few mental problems that cause people not to have ambition to increase their income.

Sometimes people say, well if I'm earning a lot of money, then I'm going to hurt other people.

Well, if you're earning a lot of money by killing or raping or murdering or looting other murdering or the same thing but you get the point.

Yes that's a kind of a problem. We don't want to do that. But if you're earning a lot of money by serving more people, that service is good.

The people who serve me in my life and serve me well deserve to do well. I want the people that serve me to do well. I want the people that serve me

to do well. I want the servant who provides food for me in a restaurant to earn a lot of money.

I want that chef to earn a lot of money for that great dish that they created.

I want that server who brought the food to my table and kept my

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