Improving Your Net Worth

In this episode we dive into understanding what net worth really is, calculating your individual net worth, and how you can use your net worth as a measure of your financial progress through goal tracking. Don’t miss out, listen now so you can start improving your net worth.

Fear as Motivation

Fear should be leveraged as a tool for motivation. 

For example, I have an irrational fear that when I decide to stop working (retire, medical event, whatever), I will need to alter my lifestyle.  I have witnessed this in rural South Carolina many times.  People outlive their retirement funds and are required to downgrade their lives to a point they end up unable to pay for upkeep of their homes, unable to afford dependable transportation or unable to travel for vacations, like they did in the past.  This is why I use that fear as motivation to workout hard so I can produce longer, reduce debt so I can save more, and invest in things that make sense.

Of course, fear can also control us and cause us to not move forward at all.  That is the opposite of using fear for motivation.  For example, fear of failure prevents us from taking the leap in the new job.  Fear of public opinion prevents us from starting the niche business we love.  Fear of what Mom and Dad will say prevents us from creating an opportunity for ourselves.  This is using fear as a obstruction instead of as a tool.

Let’s break that and let fear motivate us.  If it scares us, most of the time that means it is something worth digging into.

By the way, we did a great podcast on getting out of debt that we recommend checking out.  The link will be below or in our bio.
https://www.youtube.com/watch?v=H_pPUb-aLWw

Be Great,

The Uncommon Wisdom Podcast

A Formula to get that Promotion

I have witnessed this work in the real world many times, just know it is not easy.  The path to a promotion starts with 4 words.  “How can I help.”

When you are hired into an entry level position or any new position, it should be clear what you need to do to help.  You learn that new role and provide as much value as possible.  When you feel good about your contribution and have built trust, ask “how can I help?”

By asking how you can help, you will get assigned a challenge the business or your direct leader needs resolving.  This is where the magic happens.  Keep asking “How can I help” and keep getting assigned the hardest problems. 

The point is, the best formula to get promoted is to be willing to jump on the hardest problems facing the business.  When you see a process not working well.  Ask how you can help.  See a department struggling, ask to lead it. 

Eventually, when you get good enough at solving the largest problems, the 4-word question of “How can I help” will change to someone else saying “We need your help”.

The formula is simple, and the work is hard but know it is rewarding.  Give it a try.  It works.

Be Great,

The Uncommon Wisdom Podcast

Getting Out of Debt

Debt, debt and more debt.  Debt is as common in American culture as baseball and Hollywood blockbusters.  In this episode we dive deep into debt.  We discuss good debt, bad debt and the debt crisis.  We also give you a step by step guide to get out of debt, using the exact methodology that Johnny and Michelle have used, so this is real world advice folks.  Check us out!

Be great!

We have even created a cool budget tool, to make it easy:

www.uncommon-wisdom.com/budget

Don’t forget we are writing our first book and the you can get the 1st chapter for free here:

www.uncommon-wisdom.com/connect

And don’t forget what this entire 12-week series started with.  We dedicated 4 weeks to getting your mind right and how to do that.  Check out our YouTube channel for it all:

https://www.youtube.com/channel/UCXQq0MULENUzfUCWjcolYXQ

Getting Out of Debt

Debt, debt and more debt.  Debt is as common in American culture as baseball and Hollywood blockbusters.  In this episode we dive deep into debt.  We discuss good debt, bad debt and the debt crisis.  We also give you a step by step guide to get out of debt, using the exact methodology that Johnny and Michelle have used, so this is real world advice folks.  Check us out!

We have even created a cool budget tool, to make it easy:

www.uncommon-wisdom.com/budget

Don’t forget we are writing our first book and the you can get the 1st chapter for free here:

www.uncommon-wisdom.com/connect

And don’t forget what this entire 12-week series started with.  We dedicated 4 weeks to getting your mind right and how to do that.  Check out our YouTube channel for it all:

https://www.youtube.com/channel/UCXQq0MULENUzfUCWjcolYXQ

Be great!