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Afford Anything | Make Smart Money Choices

Myths about Money - Are Your Ideas Holding You Back?

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.73.6K Ratings

🗓️ 24 July 2017

⏱️ 50 minutes

🧾️ Download transcript

Summary

#87: A week and a half ago, I flew to Portland for the World Domination Summit -- a conference with an admittedly eyebrow-raising title. The conference is hosted by Chris Guillebeau, the New York Times best-selling author of multiple books, including The Art of Non-Conformity. He was also a previous guest on this podcast. I've wanted to check out WDS for years, so I was thrilled when Chris asked me to give a presentation there. Then he mentioned that my presentation should be three hours long, which sounded terrifying. But that's all the more reason to say yes. I choose my own eyebrow-raising topic, How to Afford Anything, and ... promptly procrastinated on planning for several months. Yeah, that definitely happened. #guilty Then, at the beginning of July, I flew into a frenzy, called a few friends for advice, scanned over several books, watched multiple talks for inspiration, and isolated myself in a remote, empty house for several days. (Past guest Cal Newport would call this a "deep work retreat.") The result was a half-day workshop that synthesized many of the ideas about money that I've formed after six years of nonstop reading, writing, talking and thinking about this topic. In today's episode, I share the first part of this presentation. Today's episode focuses on myths, assumptions and limiting beliefs that we hold around money, work and life. This is the first of a three-part series. In episodes 89 and 91, I'll share the second and third parts of the talk. You can catch the slides (and watch this as a video) on http://YouTube.com/affordanything Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

You can afford anything but not everything.

0:10.8

Every decision that you make is a trade-off against something else.

0:13.4

And that's true, not just for your money, but also your time, your focus, your energy,

0:17.8

your attention, anything in your life that's a scarce or limited resource.

0:21.8

And I'm not saying that to promote a scarcity mindset.

0:23.9

I believe in abundance, but that being said, you do have to make decisions, trade-offs

0:28.8

every single day.

0:29.8

And so the question becomes too fold.

0:32.2

What is most important to you and how do you align your day-to-day decision-making in a

0:37.8

way that reflects those priorities, those things that are important to you?

0:42.0

Answering those questions is a lifetime practice, and that's what this podcast is here to

0:46.0

explore.

0:47.0

My name's Paula Pant.

0:48.3

I am the host of the Afford Anything Podcast.

0:50.7

Recently, I gave a talk at a conference.

0:53.3

So okay, so the name of the conference is the World Domination Summit, which admittedly

0:57.9

is a little bit of an interesting name.

1:02.0

When you go to a restaurant and the server is like, oh, what conference are you here for?

1:06.0

And you're like, well, it's called the World Domination Summit.

1:09.9

It's full of people who want to dominate the world.

1:13.4

Oh, never mind.

1:14.9

But anyway, it's this awesome conference, a very lifestyle oriented.

...

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