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Deeper Than Money

Should You Charge Your Friends?

Deeper Than Money

Chloe Elise

Freedom, Millionaire, Budget, Millennial, Finance, Debt, Saving, Business, Investing, Mindset, Relationships, Loans, Credit, Money

4.9826 Ratings

🗓️ 16 September 2019

⏱️ 13 minutes

🧾️ Download transcript

Summary

Friends & family discounts, charging your friends and so much more. Should biz owners charge their friends and family? Should non-biz owners expect product/advice for free or discounted from friends and family? Where do these "rules" come from anyway?

Transcript

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0:00.0

Hi and welcome to the Deeper Than Money podcast. I am your host, Chloe Elise. I'm a millennial money

0:11.3

coach speaker, dog mom, and a seven on the enneagram, and I am on a mission to prove to you

0:17.1

that finances can be fun and easy. On the Deeper Than Money podcast, we will dive

0:22.6

into all things millennial finance, debt, saving mindset, and how to have financial freedom

0:29.0

to enjoy life in your 20s and 30s. I want you to leave this podcast with more confidence around

0:34.9

your Moolah and the belief that your biggest financial dreams are

0:38.2

possible for you.

0:39.5

So, let's talk money.

0:55.3

Today's episode, we're going to be talking about. What's up and welcome back to the Deeper Than Money podcast?

1:07.0

Today's episode, we're going to be talking about money and some societal norms that are going on that I'm going to challenge today.

1:14.7

So today I might really challenge your way of thinking. And I don't know. It's going to be a little controversial. Controversial. So I'm excited. So I want to start by telling you a story that

1:22.7

happened a couple of weeks ago. So a couple of weeks ago, I was visiting one of our really good friends,

1:30.6

and this friend in particular, he has a job, like he has a corporate job, but he had just started

1:39.6

doing Lyft and, you know, like Lyft Uber. So the reason reason he started doing lift is because he had some really

1:48.3

big investing goals and he's saving for wedding he's doing all these other things and he wanted to

1:55.7

not dip into his work funds like the money that he was already saving from his corporate job.

2:01.9

So in order to hit his new investing goals, he wanted additional income.

2:08.5

And Lyft was running a special where if you did a certain number of rides or something in 30

2:16.5

days, then on top of whatever money you made,

2:20.0

you got a thousand dollar bonus. And so he was really working hard to hit that goal. And remember,

2:27.2

he's in a corporate job. So it was a pretty big goal for him to, he had to do it over evenings,

2:33.6

he had to do it on the weekends. It was a pretty big goal. And throughout the month, he had to do it over evenings, he had to do it on the weekends. It was a pretty big

...

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