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Afford Anything | Make Smart Money Choices

Random Smattering of Lessons on Money, Work and Life — plus A Call for Radical Authenticity

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.73.6K Ratings

🗓️ 13 November 2017

⏱️ 54 minutes

🧾️ Download transcript

Summary

#103: On today’s show, I'm sharing this random smattering of lessons on money and life.⠀ ⠀ 1) Simplify everything.⠀ 2) Risk = Probability x Magnitude.⠀ 3) Curate.⠀ 4) Never delay gratification.⠀ 5) Know your net worth, relative to your lifetime earnings.⠀ 6) Don't half-ass anything. (Whole-ass a few things.)⠀ 7) When you're not at work, don't be at work.⠀ 8) Yes, and.⠀ 9) Money can't make you happy, but a lack of money can make you unhappy.⠀ 10) Every conversation about money is really a conversation about values.⠀ 11) The less you try, the better.⠀ 12) Work with your nature, not against it. ⠀ 13) The thing should be its own reward.⠀ 14) Practice radical self-reliance.⠀ 15) Achieve being through doing.⠀ 16) What is stated, happens.⠀  ⠀ I elaborate on each of these in today’s episode. In addition, I’m also sharing my mini-keynote from FinCon on the importance of authenticity and passion in online business.   Enjoy!   You can subscribe to show updates at podcast.affordanything.com -- just throw your email address into that big box above-the-fold. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

You can afford anything but not everything.

0:11.0

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

0:13.6

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

0:18.3

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

0:21.1

And so the questions become twofold.

0:23.2

Number one, what are your highest priorities?

0:26.3

Number two, how do you align your day-to-day actions and behaviors to reflect those priorities,

0:32.3

those values?

0:34.1

Answering these two questions is a lifetime practice.

0:36.7

And that's what this podcast is here to explore.

0:39.2

My name is Paula Pant.

0:40.2

I'm the host of the Affordable Care Foundation.

0:42.7

And today I'm going to share with you two speeches that I recently delivered at two different

0:47.2

conferences.

0:48.6

One of these conferences was down in Ecuador a few weeks ago.

0:51.8

It was a week-long financial independence retreat.

0:55.2

And so what I'm going to share today is the speech that I delivered at that retreat

1:01.2

in Ecuador.

1:02.2

And that's actually one of two speeches that I'm going to share with you today.

1:05.3

That particular, the topic of that particular talk is a summary of the many lessons that

1:09.7

I've learned over the past decade about money, work, human psychology, happiness, fulfillment.

1:17.2

It encapsulates a lot of the highlights of things that I've learned through reflection

...

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