(💸25/40) The One Financial Metric You're Not Tracking That's More Important Than Your Bank Balance episode artwork

EPISODE · Sep 21, 2024 · 31 MIN

(💸25/40) The One Financial Metric You're Not Tracking That's More Important Than Your Bank Balance

from SeedTime with Bob and Linda Lotich

Picture this: You're at the end of your life, reflecting on your financial journey. What's the metric that truly matters? Is it the size of your bank account—or the lives you've touched through your generosity? In today's episode, we're tackling a question that could reframe your entire perspective on money: What is your Net Given, and why is it the most important number you're probably not tracking? We explore the transformative power of tracking your Net Given—every act of generosity, big or small. It's not just about tithes or charitable donations; it's about every coffee you buy for a friend, every birthday gift, every meal you share. By shifting our focus from accumulating wealth to amplifying generosity, we discovered a path to a richer life and a lasting legacy.   🔎 In This Episode, You'll Learn: How redefining financial success can transform your life. The story behind our ambitious goal to give away a million dollars. Practical steps to start tracking your Net Given today. Why small acts of generosity add up to make a big impact. How focusing on giving can lead to true financial freedom.   If you've ever felt that accumulating more isn't fulfilling, this episode is your invitation to flip the script.   📚 Resources Mentioned: Download our free Net Given Tracker Spreadsheet: http://seedtime.com/ng Our Book – Simple Money, Rich Life (Chapter 24 dives deeper into this concept): http://seedtime.com/smrl SeedTime Money 40-week checklist (mentioned as part of our ongoing series): https://seedtime.com/give1m   🎯 Action Steps: Download the Net Given Tracker and start logging every act of generosity: http://seedtime.com/ng Reflect on your financial goals—are they aligned with the legacy you want to leave? Share this episode with someone who needs a new perspective on money.   Remember: It's not about how much you can get; it's about how much you can give. Let's redefine financial success together.   BONUS: Ever dreamt of hanging out with us for 6 weeks in your small group or church? Head to https://seedtime.com/true for details or shoot us a DM on Instagram (http://instagram.com/seedtime).   Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/a9BrXZiOh00)!   If you haven't checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you'll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as "a money book for people who don't read money books."  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

Episode metadata supplied by the publisher feed · Published Sep 21, 2024

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(💸25/40) The One Financial Metric You're Not Tracking That's More Important Than Your Bank Balance

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This episode was published on September 21, 2024.

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