How to set a budget so that you can achieve any medium term goal (Ep 49)

If you’ve been listening to the last few episodes, you've heard snippets of my digital nomad lifestyle—what you haven't heard is the nitty-gritty of how my bank account makes this possible. It's time to talk about money again. As I reflect on my financial strategies that set me up for success in trying out the digital nomad life, I realize these strategies can apply generally to any medium goal setting and implementation. Whether you’re thinking about how to raise the necessary funds to achieve a creative project, or you’re well on your way to save for a personal goal, this episode is worth adding to your toolbox. Key Takeaways:00:00 Intro 08:59 Medium Term Goal Approach in Budgeting 11:44 How to set up a Medium Term Goal 14:15 Stretch Goal vs. Safe Goal26:14 Mindset Shift: Make money or Raise money? 40:28 2 Powerful Budget questions42:12 OutroThis episode is also available on Youtube. Watch it here:https://youtu.be/Bv3sjfC8ZlcAbout BettyBetty Xie is a creative and a career coach for creative. Her 1:1 coaching program has helped photographers, filmmakers, visual artists, arts leaders, and arts consultants to design and implement intentional growth in their practice so that they can make their art and make happier money. Check out her 1:1 coaching programs here: www.xiebetty.com/coaching*FREE Resource* Discover your creative career archetype today: https://www.xiebetty.com/quizThe Everyday Talent Podcast is produced by Betty Xie and Benice Detoon.