All the Hacks with Chris Hutchins

Afford Anything, Escape the 9-5, Passive Income and More with Paula Pant

17 snips
Jul 28, 2021
Guest
Paula Pant
Paula Pant, founder of Afford Anything and a financial freedom expert, shares her journey from a journalist to a thriving entrepreneur. She discusses how to escape the 9-to-5 grind, the importance of focusing on growing your income rather than just saving money, and the concept of mini-retirements. Paula also explores the trade-offs of financial freedom, emphasizing the value of time, meaningful living, and the transition from side hustles to entrepreneurship, making this a must-listen for anyone seeking a fulfilling financial path.
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INSIGHT

Afford Anything Philosophy

  • Afford Anything means you can afford anything, but not everything.
  • Every choice has a trade-off, applying to money, time, focus, energy, and attention.
ADVICE

Avoid Fake Frugality

  • Focus on big wins like housing, transportation, and food costs.
  • Don't chase small, discretionary savings that don't significantly impact your finances.
ADVICE

Grow the Gap

  • Focus on growing the gap between what you earn and what you spend.
  • Prioritize increasing your earnings over endlessly cutting minor expenses.
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