A New Year with More Margin #153

How to Money

iHeartPodcasts

Investing, Education, Business

4.6 • 3.2K Ratings

🗓️ 1 January 2020

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

When 80% of folks report that they’re living paycheck to paycheck, it’s clear that this lack of margin in our lives is a major contributing factor to why we have some much stress in our lives. It’s true of our money and it’s true of our time as well. And with it being the new year, it’s easier to believe that a new and better narrative is possible- and it is! We have the power to change our previous negative money associations and to start handling our personal finances better this year. In this episode we’ll cover why margin is so important, some of the different things that keep us from having more of it, as well as some practical steps that we can take in order to create more margin in our lives.

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Transcript

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0:00.0	Last season, millions tuned into the betrayal podcast to hear a shocking story of deception.
0:05.1	I'm Andrea Gunning, and now we're sharing an all-new story of betrayal.
0:10.3	Ashley Litten was helping her husband set up a business fanmail account when she discovered
0:14.3	a terrible secret. I saw a hidden folder, and I opened it. What the hell did I just see?
0:23.3	Listen to season two of betrayal on the iHeartRadio app, Apple podcasts, or wherever you get your
0:28.2	podcasts. On Queen Charlotte, the official podcast, we're stepping behind the scenes and the
0:34.7	drawing boards of this team to experience the life breathed into the Bridgerton prequel. Listen to
0:40.9	the Leaps executive producer and series director Tom Barraka took to capture the feeling that
0:46.3	puts that lump in your throat. And you've got to catch creator Shonda Rhymes. She's dropping gems,
0:52.5	diamonds, and mics. You can listen to Queen Charlotte, the official podcast every Thursday,
0:58.0	on the iHeartRadio app, Apple podcasts, or anywhere you listen to your favorite shows.
1:28.0	Welcome to How To Money. I'm Joel, and to I'm Matt, and today we're discussing a new year with more margin.
1:58.4	Yeah, Joel, a new year indeed. Happy new year to you. You as well, my friend. You guys have a good
2:03.4	holiday. Yeah, Amanda was great. Last time with family, last time with friends too at the same time,
2:08.3	so it was idealist. That's the best, right? Well, this is, I think, just the perfect time to talk about
2:13.0	margin. 80% of folks say that they're living paycheck to paycheck. Americans, they are among the most
2:18.4	stressed in the entire world, and a lot of that has to do with not having enough margin in our lives.
2:23.2	We're going to talk about financial margin, as well as some other ways to include margin in our
2:27.5	lives. Yeah, I mean, I feel like margin is the word for 2020 for me. It's like the word when it comes
2:33.2	to our finances, when it comes to my time, like all those kind of things, like I want more margin
2:37.8	brought back into my life. And so we're going to kind of tackle that. This is something that you and
2:41.6	I are personally invested in. It's something that we care about mostly. Yeah. And so I think it
	...

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