328: How Should I Spend My Inheritance? | Feedback Friday
Mar 20, 2020
Facing the emotional challenge of spending an inheritance can be daunting. The hosts discuss navigating life after loss, balancing the pressure of choices against personal happiness. Insights into financial behavior, especially valuing experiences over possessions, are shared. They also explore work-life balance amidst health issues and tackle career transitions, offering encouragement on recognizing one’s skills. A dive into internal monologues provides a unique perspective on thought processes, making this a diverse and engaging conversation.
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volunteer_activism ADVICE
Prioritize Experiences
Spend money on experiences rather than material possessions.
Experiences create lasting memories and contribute to a richer life narrative.
volunteer_activism ADVICE
Invest in Quality
Buy one high-quality item instead of multiple mediocre ones.
This approach saves money and provides a better overall experience.
volunteer_activism ADVICE
Avoid Mid-Range
Buy either the cheapest or the absolute best product in a category.
Avoid mid-range products; they often offer poor value due to inflated marketing costs.
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Instead of freeing you up to find a career you could fall in love with, a windfall you received at your father's passing has instead overwhelmed you with seemingly limitless options. How should you spend your inheritance in a way that would make you happy and your father proud? We'll tackle this and more here on Feedback Friday!
And in case you didn't already know it, Jordan Harbinger (@JordanHarbinger) and Jason DeFillippo (@jpdef) banter and take your comments and questions for Feedback Friday right here every week! If you want us to answer your question, register your feedback, or tell your story on one of our upcoming weekly Feedback Friday episodes, drop us a line at friday@jordanharbinger.com. Now let's dive in!
How do Jordan and Jen spend money differently now that they have a kid? And when you're buying something with a high price tag, why should you avoid the middle-tier option?
Instead of freeing you up to find a career you could fall in love with, a windfall you received at your father's passing has instead overwhelmed you with seemingly limitless options. How should you spend your inheritance in a way that would make you happy and your father proud?
How can you find time and energy for self-improvement when you've developed a never-ending headache and fatigue that lasts for decades that doctors can't solve? Should you just be happy to stay where you are so you don't risk worsening your health?
Looking toward marketing your invention, you're worried your stutter might get in the way of engaging with your intended audience. What can you do to reduce your stutter and the distraction it is likely to cause?
Should you accept the terms of an "influencer" who wants you to do work for them with the nebulous guarantee of "exposure" to their sizeable community, or should you insist on cold, hard cash even if it means you could burn a bridge that might lead to more work down the line?
You're having trouble landing a second interview in your job search, and you're wondering if you're unconsciously doing something to sell yourself short or if potential employers are finding unsavory things about you online. What can you do to identify the problem?
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