Author, podcaster, and entrepreneur Chris Guillebeau joins Joshua and Ryan on the podcast to discuss earning a living, being responsible with money, and choosing a new career path during times of financial uncertainty. They talk about breaking out of the cycle of office jobs, finding fulfillment in work and pursuing passions outside of work, navigating career changes, and increasing income and developing additional revenue streams.
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Quick takeaways
The podcast emphasizes the need to be cautious and proactive with money during times of financial uncertainty.
The importance of identifying valuable skills and values to forge a new career path is highlighted.
Developing emotional intelligence around money is crucial, including saving for retirement and starting a side hustle.
The podcast encourages embracing change and starting over with experience to pursue new passions.
Deep dives
Earning a living and being responsible with money
The podcast discusses the importance of earning a living and being responsible with money. It emphasizes the need to be cautious and proactive during times of financial uncertainty. The guest, Chris Gillaboe, shares insights from his book 'The Money Tree' which explores finding financial fortune in one's own backyard. The discussion also touches on the opportunity to make new assumptions and principles when the world turns upside down.
Finding a new career path and navigating financial pressure
The podcast highlights the story of a young man navigating financial pressure caused by student loan debt and the impact it has on his life. As he explores different options, he finds a group of individuals who are also seeking financial freedom and creating their own new ways of life. The focus is on applying the hero's journey to finding economic security and creating a new future.
Finding your next step and avoiding debt
A listener named Tony seeks advice on finding their next step career-wise. The podcast emphasizes the importance of identifying skills and values that can bring value to others. It suggests the idea of starting a side hustle or business while still working in their current job, rather than waiting for the perfect opportunity. The need to avoid debt and focus on increasing income is also highlighted.
Discovering passion and embracing change
Another listener, Kristen, expresses a feeling of being trapped in her current job and a desire to make a change. The podcast suggests that starting over with experience can be a positive thing, and that it's never too late to pursue something new. The focus is on embracing the search for passion and identifying valuable skills to forge a new path.
Managing emotions around money and retirement planning
The podcast touches on the concept of emotional intelligence around money during uncertain times. It highlights the need to develop skills beyond just financial IQ. The advice encourages individuals to start saving for retirement regardless of age and emphasizes the long-term benefits of saving. It also tackles the topic of starting a side hustle with hope amidst fear and breaking emotional attachments to jobs.
Voicemail tip on changing smartphone notification sounds
A listener shares a tip on changing smartphone notification sounds to reduce unnecessary checking and maintain focus in busy environments.
Voicemail tip on managing children's crafts and memories
A listener suggests using apps like Keepy and Keepsake to reduce clutter and manage children's crafts and memories effectively by digitally capturing and organizing them.
Added Value: The Weeknd's new album 'After Hours'
The podcast recommends the album 'After Hours' by The Weeknd, particularly the song 'Escape from LA' as a fitting soundtrack for driving around at night.
Joshua and Ryan talk about earning a living, being responsible with money, and choosing a new career path during times of financial uncertainty with author, podcaster, and entrepreneur Chris Guillebeau, and they answer the following questions:
How do I break out of the cycle of office jobs? (04:12)
If I’ve grown tired of my current career but I’m overqualified for many other jobs, are there any other options open to me aside from completely starting over? (15:14)
What is the best financial advice you’ve ever received? (23:40)