SeedTime Money (Faith, Family & Finances)

(💸09/40) The Surprising Science Behind Celebrating Small Wins (and How It Can Make Your Financial Dreams a Reality)


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Today, Linda and I dive into a game-changing strategy for staying motivated on your financial journey—celebrating small wins!

If you've ever felt overwhelmed by the enormity of your financial goals or wondered how to keep the momentum going, this episode is for you. We'll unpack why these small victories are crucial and how they can transform your financial journey from a tedious marathon into an enjoyable adventure with God.

 

🔍 Key Highlights: 

  • The Power of Small Wins: Why celebrating small victories can significantly enhance motivation and enjoyment on your financial journey.

  • Stay Motivated: If you're struggling to stay motivated on your financial journey, this episode will provide you with actionable strategies to keep your spirits high and your goals in sight.

  • Strengthen Relationships: Learn how celebrating small wins can not only help you achieve financial success but also strengthen your relationship with your spouse by working towards shared goals.

  • Biblical Encouragement: Receive encouragement and insights from the Bible that reinforce the importance of celebrating progress, no matter how small.

  • Practical Tips: Get practical, step-by-step advice on how to set milestones, track your progress, and celebrate your achievements in a way that aligns with your financial goals.

 

Resources Mentioned:

  • Debt Snowball Sheet: Our customizable spreadsheet to help you list all your debts and prioritize which one to pay off next using the debt snowball method. - https://seedtime.com/snowball 

  • Our Book: "Simple Money, Rich Life" - https://seedtime.com/smrl 

  • Harvard Business School Study: Research by Teresa Amabile on the power of small wins and their impact on motivation. - https://hbr.org/2011/05/the-power-of-small-wins 

  • 14-Point Checklist to Give $1M by Age 40 - https://seedtime.com/give1m/ 

 

🎯Your Challenge:

  1. Identify Your Big Financial Goal: What is the significant financial milestone you're aiming for?

  2. Break It Down: Divide your goal into smaller, manageable milestones.

  3. Track Your Progress: Use our debt snowball sheet or another method to monitor your achievements.

  4. Plan Your Celebrations: Define how you’ll celebrate each milestone. Make it something to look forward to!

 

💫Connect with Us:

  • Leave a Review: If you enjoyed this episode, please leave us a review on iTunes, Spotify, or your favorite podcast platform.

  • Join the Conversation: Share your thoughts and milestones with us on social media @SeedTime

 

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 @seedtime (http://instagram.com/seedtime). 

Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/i6DzhXea8ng)!

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. 

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SeedTime Money (Faith, Family & Finances)By Bob Lotich, Linda Lotich

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