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On today's episode, Carl shares a thought-provoking story borrowed from Morgan Housel's book, "The Psychology of Money," featuring entrepreneur Derek Sivers. At the age of 22, earning a modest income and saving diligently, Derek reached a crucial point with $12,000 in the bank. The significant moment wasn't when he later sold his multimillion-dollar business; it was when he realized he had enough to pursue his passion for music and be financially free. Carl reflects on the powerful idea that having enough is not defined by a specific number or destination but is a state of being.
Carl coaches Real Financial Advisors at his community for advisors called The Society of Advice. Learn more at TheSocietyofAdvice.com.
By Carl Richards4.9
124124 ratings
On today's episode, Carl shares a thought-provoking story borrowed from Morgan Housel's book, "The Psychology of Money," featuring entrepreneur Derek Sivers. At the age of 22, earning a modest income and saving diligently, Derek reached a crucial point with $12,000 in the bank. The significant moment wasn't when he later sold his multimillion-dollar business; it was when he realized he had enough to pursue his passion for music and be financially free. Carl reflects on the powerful idea that having enough is not defined by a specific number or destination but is a state of being.
Carl coaches Real Financial Advisors at his community for advisors called The Society of Advice. Learn more at TheSocietyofAdvice.com.

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