Wealth in the Fifth Dimension

43/365: What price do we pay for financial security?


Listen Later

Hey everyone! Joe Soto here, and I just dropped a new episode of Wealth in the Fifth Dimension. This one's a bit deeper – it's all about the price we pay for financial security. We always hear "pay the price for success," but whatis that price, really?

I shared some stories from my years of working with families. Some make it to their financial goals strong, others…not so much. It got me thinking: what evenis the finish line? It's cool to want to provide for your family, but we gotta define what "better things" actually mean.

I broke down some problems I see: First, work culture is sneaky. It's easy to get hooked on the rewards at work and forget about family. Second, we sometimes define ourselves by our job titles, not who we are. Third, work gives us validation, while family life often doesn't. And finally, we can accidentally put work and money above everything, hurting our marriages, kids, and even ourselves.

But there's hope! We need to see work and family as two different "jobs" with different rewards. Be aware of how work praise affects you, and remember the long-term payoff of family time. Familyhas to be a priority. Work comes and goes, but family is forever. Remember, you can't pay someone to do what a parent does for free.

So, I'm throwing out some questions: What'syour vision for your family? What'syour finish line? Are you okay with the price you're paying? I challenge you to create a family mission statement. Also, think about your commitments and priorities. Why isn't family always #1? What's the cost ofnot investing in your family – physically, emotionally, relationally, even financially? Hit the podcast for the full discussion. Let me know what you think!

#wealthinthefifthdimension #familyfirst #financialsecurity #pricetosuccess #joesoto

...more
View all episodesView all episodes
Download on the App Store

Wealth in the Fifth DimensionBy Joe Soto