Money & Family Or Passion?
Coach Corey Wayne
Coach Corey Wayne
4.6 • 532 Ratings
🗓️ 28 February 2022
⏱️ 33 minutes
🧾️ Download transcript
Summary
What you should focus on when it comes to money, family or passion for your purpose.
If you have not read my book, “How To Be A 3% Man” yet, that would be a good starting place for you. It is available in Kindle, iBook, Paperback, Hardcover or Audio Book format. If you don't have a Kindle device, you can download a free eReader app from Amazon so you can read my book on any laptop, desktop, smartphone or tablet device. Kindle $9.99, iBook $9.99, Paperback $29.99 or Hardcover 49.99. Audio Book is Free $0.00 with an Audible membership trial or buy it for $19.95. Here is the link to Audible to get the audiobook version:
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https://geo.itunes.apple.com/us/audiobook/how-to-be-a-3-man-unabridged/id1106013146?at=1l3vuUo&mt=3
You can get my second book, “Mastering Yourself, How To Align Your Life With Your True Calling & Reach Your Full Potential” which is also available in Kindle $9,99, iBook $9.99, Paperback $49.99, Hardcover $99.99 and Audio Book format $24.95. Audio Book is Free $0.00 with an Audible membership trial. Here is the link to Audible to get the audiobook version:
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Here is the link to Amazon to purchase Kindle, Paperback or Hardcover version:
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Here is the link to the iBookstore to purchase iBook version:
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Here is the link to the iTunes store to purchase the iTunes audio book version:
https://geo.itunes.apple.com/us/audiobook/mastering-yourself-how-to-align-your-life-your-true/id1353594955?mt=3&at=1l3vuUo
You can get my third book, “Quotes, Ruminations & Contemplations” which is also available in Kindle $9,99, iBook $9.99, Paperback $49.99, Hardcover $99.99 and Audio Book format $24.95. Audio Book is Free $0.00 with an Audible membership trial. Here is the link to Audible to get the audiobook version:
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hi, I'm Coach Corey Wayne and this is my video coaching newsletter. |
| 0:04.0 | And the topic of today's newsletter is going to be money and family or passion. |
| 0:10.0 | Well, you've probably heard the platitude, many people tend to say it, where they just say, follow your passion, |
| 0:18.0 | as if that is the all you need one size fits all success strategy but there's a |
| 0:25.6 | lot more to following your passion in order to reach your full potential and do things that you |
| 0:32.4 | love for a living and get paid really well for it so i've got an email from a guy who he's in his mid-30s now, |
| 0:40.9 | he says, and he now works in the trades. He makes about 55,000 a year. And he says for all of his |
| 0:47.9 | 20s, he was, quote, following his passion and his music career. And that didn't work out like he had hoped it would. |
| 0:57.7 | And now he's working in the trades. |
| 0:59.5 | He makes $55,000 a year. |
| 1:01.3 | He has no debt. |
| 1:02.7 | And he saves 30% of what he earns and invest it, |
| 1:08.7 | which is what everybody should be doing. |
| 1:11.2 | No matter what you do for a living, 20 to 30% of what you make should be getting put away in stocks, |
| 1:17.8 | retirement accounts, crypto, whatever kind of investments that you're going to invest your money in. |
| 1:23.6 | Because the idea is as you work throughout your life, 20, 30% of what you make gets put away |
| 1:29.1 | and you can't touch it, you don't spend it, it just gets put in investments that continue |
| 1:33.4 | to compound over the decades as long as you work. And even, I mean, I remember years ago there |
| 1:40.8 | was a guy who he'd worked as a UPS driver for all of his life but he put |
| 1:48.8 | most of his money away he saved it he invested it and when he passed away he had tens of |
| 1:54.0 | millions of dollars that I can't remember I think that guy didn't even have an air to his |
| 2:00.2 | fortune and but this guy he worked a regular job where guy didn't even have an heir to his fortune. |
... |
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