Time To Take A CLOSE Look At Your Finances
Description
In this thought-provoking podcast episode, Hazel guides listeners through a reflective exercise aimed at assessing their current life situation. By posing a series of introspective questions about work hours, income, and personal time, Hazel encourages individuals to confront the often-overlooked aspects of their daily lives.
KEY TAKEAWAYS
- Self-Reflection on Time and Money: It's essential to assess how much time is spent working, including commuting, and how much net income is earned. This reflection helps identify the balance between work and personal enjoyment.
- Understanding Life's Obligations: Recognise the time consumed by family responsibilities and chores, which can limit personal enjoyment. It's important to differentiate between obligatory tasks and leisure activities.
- Financial Awareness: Calculate monthly expenses, including housing, food, and transportation, to understand the financial constraints faced. Many families find that their income barely covers essential living costs, leaving little for discretionary spending.
- The Importance of Financial Freedom: The discussion emphasises the need to create additional income streams to escape the cycle of working solely to meet basic needs. This can lead to a more fulfilling and less stressful life.
BEST MOMENTS
"These questions are designed to help you get a really good close look at your current situation, to help you square up and take a good look in the face at what's going on in your world right now."
"How much time do you have to enjoy your life aside from working and after all usual family activities and personal responsibilities?"
"It's quite shocking when you start to really take a good look at it and go, what the heck is going on? I'm in this zone of earning, working, paying for things, doing everything I need to do to just exist."
VALUABLE RESOURCES
Click here to download your FREE gift, our Financial Freedom Spreadsheet, to help you get a 'snap shot' of your finances...
https://www.the-freedom-club.com/financial-freedom-spreadsheet-landing-page
ABOUT THE HOST
Having started her career as a professional, classical musician, Hazel de Kloe also had a personal quest to become financially free.
She and her husband built a successful, multi-million-pound property business, next to their own careers, but soon realised that true freedom doesn’t JUST come from being financially independent…
Having meant so much to her family, it has been her passion ever since, to inspire, educate and empower others on their journeys towards this 'Holy Grail'.
During one particular property mentoring session back in 2009, she had a powerful recognition of exactly how to facilitate this. Nicknamed now, The Wealth Whisperer, she has a unique way of getting to the crux of what is needed to help fulfil this quest.