106: How Much Money Do You Need to Reach Financial Freedom?
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How much money is “enough” money? I got this question from a burned out, overwhelmed client, who wanted to know the bare minimum she needed to make to keep things going in her business and life. In this episode, we’ll explore the mindset around having enough money and the skills you can build to change that, and how to calculate how much you need to not only pay your bills, but also set money aside and contribute to your investments.
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Resources Mentioned:
- Listen to Ep. 23: Calculate Your Retirement Number + Make a Retirement Plan
- Listen to Ep. 95: Three Ways to Pay Yourself $100K
In this episode, you'll learn:
0:00 Why the bare minimum revenue goal is not enough
3:28 How the extremes of spending and saving fuel anxiety around money
8:21 How sales and business skills will change your mindset around money
11:11 Calculating your income, savings, and investment goals