Episode Details

In this episode, Josh and Sarah (a community member of TMH) dive into Sarah’s financial journey, from being 35k USD in debt to living a life of balance and building wealth for her future self. This is a valuable conversation on what it actually means to overcome the scarcity mindset and financial struggle, and on how a moment of clarity can lead to a completely new financial life.

Timestamps:

0:00 From $35k in debt to a new financial mindset

5:12 Compound interest applies to debt too

10:27 How Sarah paid off her debt

15:45 “I don’t ever wanna find myself here again”

17:42 The price of taking the easy financial route

19:19 Sarah’s current financially balanced life

26:09 Financial Return on Enjoyment

29:22 Outgrowing the scarcity mindset

36:56 Looking back at financial achievements

41:41 Making hard times easier for your future self

43:47 Tools for financial literacy are easily accessible

45:56 Making your future life financially easier

47:51 Zoom out & stay active

50:11 The snowball effect of micro-goals

51:32 Don’t be shy and stay hungry

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