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(💸35/40) The Hidden Money Hack: How to Afford Your Dreams By Spending Less on Things You Don't Actually Care About

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Manage episode 452810240 series 3558373
Content provided by Bob Lotich, Certified Educator in Personal Finance, Bob Lotich, and Linda Lotich. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Lotich, Certified Educator in Personal Finance, Bob Lotich, and Linda Lotich or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Ever feel like your dreams are slipping away because you "can't afford them"?

We're about to flip everything you think you know about affording what you love.

In this episode, we reveal the counter-intuitive truth about funding your passion projects and bucket list goals - without earning a single dollar more than you do right now. You'll discover how a wannabe pilot unlocked his childhood dream through one simple spending shift, and how you can use the same principle to transform your financial reality.

Here's what you'll learn:

  1. The "Priority Stack" method for identifying which expenses are secretly holding you back

  2. Why creating "friction" in your spending could be the key to unlocking your dreams

  3. How we discovered we could afford to live at the beach (and why most people never realize what's possible)

  4. The uncomfortable truth about your Amazon app (and why deleting it might change your life)

  5. A revolutionary approach to evaluating expenses that goes beyond basic budgeting

Plus, we share our personal revelation about Starbucks spending and how facing this truth led to better decisions - without guilt or shame.

📚 Resources Mentioned:

Books:

  1. "Simple Money, Rich Life" by Bob and Linda Lotich Get your free copy (just pay shipping): https://www.simplemoney.com/free

  2. "Atomic Habits" by James Clear: https://www.amazon.com/Atomic-Habits-Proven-Build-Break/dp/0735211299

Mentioned Names/Concepts:

  1. Ramit Sethi's "Money Dials" concept

  2. James Clear's environment design principles

Link:

  1. SeedTime Money 40-week checklist (mentioned as part of our ongoing series): https://seedtime.com/give1m

BONUS: Ever dreamt of hanging out with us for 6 weeks in your small group or church? Head to https://seedtime.com/true for details or shoot us a DM on Instagram (http://instagram.com/seedtime).

Watch this episode on our SeedTime Money Podcast YouTube channel!

If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”

You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

  continue reading

324 episodes

Artwork
iconShare
 
Manage episode 452810240 series 3558373
Content provided by Bob Lotich, Certified Educator in Personal Finance, Bob Lotich, and Linda Lotich. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Lotich, Certified Educator in Personal Finance, Bob Lotich, and Linda Lotich or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Ever feel like your dreams are slipping away because you "can't afford them"?

We're about to flip everything you think you know about affording what you love.

In this episode, we reveal the counter-intuitive truth about funding your passion projects and bucket list goals - without earning a single dollar more than you do right now. You'll discover how a wannabe pilot unlocked his childhood dream through one simple spending shift, and how you can use the same principle to transform your financial reality.

Here's what you'll learn:

  1. The "Priority Stack" method for identifying which expenses are secretly holding you back

  2. Why creating "friction" in your spending could be the key to unlocking your dreams

  3. How we discovered we could afford to live at the beach (and why most people never realize what's possible)

  4. The uncomfortable truth about your Amazon app (and why deleting it might change your life)

  5. A revolutionary approach to evaluating expenses that goes beyond basic budgeting

Plus, we share our personal revelation about Starbucks spending and how facing this truth led to better decisions - without guilt or shame.

📚 Resources Mentioned:

Books:

  1. "Simple Money, Rich Life" by Bob and Linda Lotich Get your free copy (just pay shipping): https://www.simplemoney.com/free

  2. "Atomic Habits" by James Clear: https://www.amazon.com/Atomic-Habits-Proven-Build-Break/dp/0735211299

Mentioned Names/Concepts:

  1. Ramit Sethi's "Money Dials" concept

  2. James Clear's environment design principles

Link:

  1. SeedTime Money 40-week checklist (mentioned as part of our ongoing series): https://seedtime.com/give1m

BONUS: Ever dreamt of hanging out with us for 6 weeks in your small group or church? Head to https://seedtime.com/true for details or shoot us a DM on Instagram (http://instagram.com/seedtime).

Watch this episode on our SeedTime Money Podcast YouTube channel!

If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”

You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

  continue reading

324 episodes

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