What's REALLY Holding You Back from Financial Freedom

THE ED MYLETT SHOW

Ed Mylett

Education, Business, Self-improvement, Entrepreneurship

4.9 • 13.6K Ratings

🗓️ 31 October 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Are you truly prepared for the future, or are you just hoping things will work out? In today’s episode, I’m sounding the alarm on where we’re heading financially and what that means for your future. This isn’t just about goals or dreams—this is about waking up to the reality of what’s happening around us. The cost of living is skyrocketing, wages are stagnating, and inflation is eating away at our savings. Whether you’re 22 or 62, it’s time to take a hard look at where you are and where you’re going. I’m sharing eye-opening stats, like how home prices have soared 138% in the past 15 years, while incomes have only risen 25%. This trend isn’t getting any better, and if you don’t make changes now, you could find yourself working harder just to keep your head above water. It’s time to stop waiting for someone else to save you—no politician, no influencer, no external force is going to fix this for you. I’m challenging you to think about your career, your spending habits, and your future. If you’re not earning enough, it’s time to consider new skills, a side hustle, or even a complete career change. The world is evolving fast, and so must you. I’m not going to sugarcoat it—this path won’t be easy. But if you want to rise above the average, you’ve got to be willing to put in the work and develop skills that make you undeniable. Remember, your future won’t be shaped by chance—it will be determined by the actions you take today. This episode is about confronting the truth, taking control of your life, and making the decisions that will set you and your family up for success. Key Takeaways: - The alarming gap between rising costs and stagnant wages - Why relying on traditional savings or a single income stream may not be enough - The importance of developing skills that make you irreplaceable - How to think differently about spending and saving in today’s economy - Why now is the time to take control of your financial future This episode is your wake-up call to stop coasting and start making strategic decisions about your life. It’s not about fear, but about preparation. The future is coming whether you’re ready or not, and today’s the day to decide where you fit into it. Max out your life! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	So hey guys, listen, we're all trying to get more productive and the question is how do you find a way to get an edge?
0:05.0	I'm a big believer that if you're getting mentoring or you're in an environment that causes growth, a growth-based environment, that you're much more likely to grow and you're going to grow faster.
0:14.0	And that's why I love Growth Day. Growth Day is an app that my friend Brendan Bouchard has created that I'm a big
0:19.9	fan of. Write this down, Growth Day.com forward forward slash ed so if you want to be more
0:23.6	productive by the way he's asked me I post videos in there every single Monday
0:27.1	that gets your day off to the right start he's got about 5,000 ten thousand
0:30.7	worth of courses that are in there that come with the app.
0:33.2	Also, some of the top influencers in the world are all posting content
0:36.8	and they're on a regular basis, like having the Avengers of personal development
0:40.0	and business in one app.
0:41.6	And I'm honored that he asked me to be a part of it as well and contribute on a weekly basis and I do.
0:45.0	So go over there and get signed up. You're going to get a free tuition free voucher to go to an event with Brendan and myself and a bunch of other influencers as well.
0:52.0	So you get a free event out of it also so go to
0:54.1	growth day dot com forward slash ed that's growth day dot com forward slash ed
0:59.9	ed
1:01.8	this episode is brought to you by LinkedIn.
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1:10.0	LinkedIn helps you hire professionals you can't find anywhere else.
1:14.0	So next time you're looking for quality professionals,
1:16.5	join the 2.5 million SMBs who trust LinkedIn
1:20.4	to find them the perfect fit.
	...

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