In this episode of the Mind Money Soul podcast, I’m going to be sharing the harsh reality that you might be wasting your time and money.

I’m going to call you out on this - if you are spending mindlessly, you are wasting your life. Ouch. That’s a killer to hear, I know. When you go to work, whether that is a 9-5, you run your own business or you’re self-employed, you are swapping your time for money. Time is our most valuable asset. Why? It’s a finite resource and we only have so much of it in a day, a week, a month, a year, a lifetime. Unlike money, once you’ve spent it, you can’t get it back or make any more. Which is why you could argue that time is more valuable than money.

So, if you go to work, swap your time for money and then mindlessly spend that hard earned cash on things that don’t add to your life, then you could say that you are wasting your life. Wealth is the ability to fully experience life, so if you find yourself spending on things that are not going to benefit your health, wealth or future self, or inhibits your ability to experience life to the fullest, then you need to schedule a money date. Get honest; evaluate your spending habits and get connected with your values in order to make conscious choices that support your goals and dream life.

In this episode:

• Why time is more valuable than money
• What does the ability to fully experience life mean to you?
• How poor choices can diminish your health
• Examples of 2 clients who were "wasting their life" due to their spending habits
• Mindful spending and assessing your habits: do you spend in line with your values?
• 3 actionable tips to help you work towards financial freedom

Resources

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