635. How To Make Your Expenses "Free"
The Chris Harder Show
Chris Harder
4.9 • 1.5K Ratings
🗓️ 20 June 2022
⏱️ 10 minutes
🧾️ Download transcript
Summary
I sold $330,000 of Ethereum back in October 2020 to contribute to the downpayment of our house. Eleven months later, that $330,000 would've been $5,000,000. Ouch. But, that's what happens when I go against my motto of 'invent new income, and outearn it.' I'm sharing the hack that Lori and I use when we want to offset the cost of something. Please, learn from my mistake and don't take your investments out early. Instead, roll up your sleeves, dig into your side hustle, and make your purchases and investments feel free with that extra paycheck.
IN THIS EPISODE, WE TALK ABOUT:
- Why you don't want to pull your investments out early, no matter how tempting it is
- My #1 tip for retirement savings
- The rule of thumb for surviving a challenging economy
- How to get really clear on what your monthly bare necessities cost, and then outearn that
RESOURCES
- Go to joinbeonline.com! Enrollment will open SOON and at an INSANE EARLY VIP PRICE!
- Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.
CONNECT WITH CHRIS
Follow Me: @chriswharder
Visit My Website: https://chrisharder.me
Transcript
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| 0:00.0 | If you have two jobs or two income sources in the family, invent a third one that is equal |
| 0:05.6 | to what one of those jobs would be. That's a great rule of thumb, a great place to start. So, |
| 0:10.1 | you know, if one person's making three grand a month and your person's making four grand a month, |
| 0:13.8 | then invent a side hustle that creates an extra three to four thousand dollars a month and |
| 0:19.6 | you won't have to worry about one of those jobs going away. And best case scenario, now you have |
| 0:24.4 | all that extra money to save. Guys, it's such a win-win. |
| 0:32.0 | Welcome everybody to the Chris Harder Show where we are making you unapologetic about your |
| 0:36.4 | pursuit of success. Knowing that when good people like you make good money, they can then do great |
| 0:41.3 | things. My name is Chris Harder and several times per week. I will bring you epic guests, |
| 0:45.9 | solo episodes, and every single tool trick and skill set you need to grow your business, |
| 0:50.5 | grow your money mindset, and to grow your wealth to levels that you have never reached before. |
| 0:55.1 | I've ended up in a unique place in life where I've got the experience, the connections, |
| 0:58.8 | and all of the secrets that it takes to be successful. And I'm lifting the curtain to reveal it |
| 1:04.0 | all to you in an effort to help put you in a position of abundance so great that you can then be |
| 1:09.5 | as generous as possible. So, let's lock arms and let's get started. |
| 1:16.4 | Hey, everybody. Welcome back to the Chris Harder Show. It's another money Monday here where we |
| 1:20.0 | absolutely believe that both prosperity and generosity can and must coexist. What a beautiful |
| 1:25.6 | life it is when those things coexist. Okay, so I'm going to share a hack with you that Lori and I |
| 1:30.5 | have always used to basically make anything that we want or anything that we need to spend money on |
| 1:36.8 | free. Here's our hack for making anything that we need free. Now, there's a little bit of a trick |
| 1:42.8 | here. We're not making it free. What we're doing is we're making it feel free to us. We are offsetting |
| 1:49.6 | the cost so that we're not coming out of pocket or coming out of our bank account or selling |
... |
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