Ep 213: How to Have Time Freedom Before Retirement and Financial Independence cover art

Ep 213: How to Have Time Freedom Before Retirement and Financial Independence
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 In the podcast episode of "Money & You," host Michelle Perkins and her guest, Brian Herriot (author, speaker, business coach and financial advisor), discuss how to emphasize the pursuit of time freedom even before financial independence. We typically hear that financial freedom brings us time freedom. What if we flip that script? Our guest suggested that a fulfilling work-life balance earlier can lead to better financial outcomes later, while enhancing your life now. The speakers explore how entrepreneurial skills can help individuals navigate their financial situations and the significance of understanding one's money personality.

They highlight the generational shift in attitudes towards work, with younger individuals seeking autonomy and flexibility in their careers. The episode underscores the need for practical financial planning and the importance of making proactive decisions about one's career and finances. This discussion is crucial as it addresses common financial obstacles and encourages listeners to rethink their approach to money and work, ultimately aiming for a more fulfilling life.

00:01 - Mindset and money connection
09:16 - Deciding to pursue freedom first
20:28 - Understanding money personalities
32:20 - Generational perspectives on work
37:50 - Book insights and resources

The host suggests that individuals should prioritize achieving time freedom first, as it can lead to financial freedom, rather than solely focusing on financial independence as a distant goal.

The podcast highlights that many entrepreneurial individuals enjoy their work and may not have a clear plan for retirement activities, suggesting that they should explore different lifestyles and interests before fully retiring. Money personalities refer to the different ways individuals relate to and manage money. They emphasize the importance of understanding one's money personality to improve financial habits and make informed decisions.

Key Takeaways:
Decision-Making:Making a conscious decision to pursue time freedom can lead to new opportunities and ideas.
Work and Passion:Finding work that you love and making it great can enhance overall satisfaction and financial success.Financial Awareness:
Understanding your money personality can help you manage finances better and avoid pitfalls.
Planning for Retirement: It's essential to have a plan for what you want to do in retirement, rather than just focusing on financial accumulation.

Contact Brian: Listeners are encouraged to visit http://timefreedombook.com to learn more about Brian and to purchase books.

Use the code "Michelle" for a special offer on the audiobook.
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