544. Should You Borrow To Feel Abundant?
The Chris Harder Show
Chris Harder
4.9 ā¢ 1.5K Ratings
šļø 25 October 2021
ā±ļø 12 minutes
šļø Recording | iTunes | RSS
š§¾ļø Download transcript
Summary
In This Episode You Will Learn About:
- Recent trends in borrowing behaviorĀ
- How to use financial urgency as your secret weapon
- Creating revenue streams to be abundantĀ
Ā
ResourcesĀ
- Listen: Episode 535: Two Ways That We Always Create More Abundance
Show NotesĀ
I've noticed a trend with clients and people asking me about borrowing. Many are 6-7 figure entrepreneurs, so they're not borrowing from scarcity of resources; instead, there is an emotional impulse to feel more abundant.
Now, there is no air-tight rule that fits all borrowing scenarios. Still, there is a distinct difference between borrowing to feel abundant versus consciously moving your assets to enable financial flexibility. You have to get brutally honest with yourself because, if your foot is off the gas, you're headed in a dangerous direction.Ā
Follow me on social media @ChrisWHarder on Instagram and check out chrisharder.me.
Transcript
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| 0:00.0 | If you borrow to feel abundant, this becomes a dangerous pattern, because now, every time in |
| 0:06.6 | the future where you're like, oh, I feel like the bank accounts are getting a little |
| 0:10.1 | bit low, not feeling very abundant, instead of your first instinct to be, what can I create |
| 0:15.8 | to go create wealth? |
| 0:17.5 | What levers can I pull in terms of production to go create wealth? |
| 0:21.5 | Your default becomes, oh, where can I go borrow in order to feel wealthy? |
| 0:29.0 | Welcome, everybody, to the Chris Harder Show, where we are making you unapologetic about |
| 0:35.2 | your pursuit of success. |
| 0:36.7 | Knowing that when good people like you make good money, they can then do great things. |
| 0:41.1 | My name is Chris Harder, and several times per week, I will bring you epic guests, solo |
| 0:45.3 | episodes, and every single tool, trick, and skill set you need to grow your business, |
| 0:49.7 | grow your money mindset, and to grow your wealth to levels that you have never reached |
| 0:53.4 | before. |
| 0:54.4 | I've ended up in a unique place in life, where I've got the experience, the connections, |
| 0:58.0 | and all of the secrets that it takes to be successful. |
| 1:01.0 | And I'm lifting the curtain to reveal it all to you in an effort to help put you in |
| 1:05.3 | a position of abundance so great that you can then be as generous as possible. |
| 1:10.6 | So let's lock arms and let's get started. |
| 1:13.9 | Hey, everybody, welcome back to the Chris Harder Show, it's another money Monday over |
| 1:18.0 | here where we talk all things money, growing your money, making money, managing your money, |
| 1:23.0 | and today we are definitely going to do a deep dive on debt and your money. |
| 1:27.6 | Now, I've been seeing this trend pop up lately among clients and among questions I've been |
... |
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