Escape Plan 2.0 | How to supercharge your saving (without being a tight ass)
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Jan 9, 2025
Discover innovative ways to gamify your spending and boost savings without feeling deprived. Uncover the three common patterns that hinder financial growth and explore the transformative habit that empowers your financial journey. Learn why delayed gratification isn't always your best bet and the secret to achieving confidence in managing money, even with a modest income. By employing income mapping, you'll find a practical approach to balancing your present and future needs while enjoying life.
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insights INSIGHT
Financial Confidence
Income mapping builds financial confidence by giving every dollar a job.
This empowers individuals to balance present and future needs without constant sacrifice.
volunteer_activism ADVICE
Mindful Money Management
Avoid mindless spending or saving, which leads to financial anxiety and low self-efficacy.
Engage actively with your finances to build confidence in making both small and large decisions.
question_answer ANECDOTE
The $2.5 Million Windfall
A woman received a $2.5 million windfall but felt stressed due to lack of financial skills.
This highlights how increased money can amplify stress when lacking financial confidence.
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Setting the Context In the sixth installment of The Escape Plan Series, Terry and Ryan guide you through one of the most transformative skills in their money mapping method: Income Mapping. Building on previous episodes, this episode delivers a 'life changing' new way to gamify your spending, fast track financial progress and feel good about money.
What you'll learn:
The three patterns of financial underperformance that hold most people back.
The one habit that transforms saving and spending into an empowering practice.
Why delayed gratification is not always 'good' and what works better.
The secret to achieving financial confidence, even on a modest income.
By the end of this episode, youâll have a clear, actionable system for giving every dollar a job, âď¸ balancing your present and future financial needs without feeling like youâre constantly sacrificing.
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