How Much Does Your Dream Life Actually Cost?
Episode description
In this episode of the Mind Money Soul podcast, I’m going to be sharing the cost of your dream life.
It might be easy to feel like your dream life is way off. Perhaps it feels overwhelming to think how you’ll actually achieve it, but it might not be as far off as you think. Humans have a tendency to over-inflate and under-inflate in the wrong places. It's similar to how we overestimate what we can do in a day, but underestimate what we can achieve in 5 years. When you apply this concept to your dream life, you’ll quickly learn how it could be just around the corner if you take the right steps to get there.
The crux of it is; saving is for the short term, but investing is for the long term and THIS is what is going to help you create your dream life. No one ever got a rich lifestyle just from saving, you HAVE to be investing. With investing, you can get to a point overtime where you've created passive income. Imagine this: your money continues to grow whilst you use some of it to live your dream life, until you’re ready to take a step back from work and you can retire and live of your investments as a full time income. Putting math and strategy behind your dream life is fail safe. You have to know what you're working towards. Why? If you aim at nothing, you're going to hit every time. Tune in to today’s episode and take part in the fun exercise to uncover how you can live your dream life. DREAM BIG!
In this episode:
- How to work out what your dream life looks like and will cost you
- An example and breakdown of what you'd need to live a 10K month dream life
- How to make your money work FOR you so you can live your dream life
- Why you need to be investing if you want to be financially free
🎙️ Your host: Laura Ann Moore
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