The Formula: Give. Save. Live.

What would your life be like if the financial implication wasn't the primary driver of your decision making? On this episode of the BYLU Campaign podcast, Daniel and Nathan discuss "The Formula: Give. Save. Live". Here Nathan discussed how he leveraged the tried and true formula of giving first, saving/investing second, and living on the rest, to gain control and provide structure to his finances. Regardless of if you are an entrepreneur, wantrepreneur, or 9-5er, applying this formula will allow you to have more control and peace in your life. Tune in as they break down each of the three categories and discuss everything from how Nathan's grandma changed his perspective on generosity, the difference between a fixed mindset vs. abundance mindset, and the distinction between our life and our lifestyle. Time Stamped Topics: [9:09] - Money Management Habits [14:19] - The Wealth Gap - Created In Our 20s? [22:56] - Give - Grandma Lu! [31:45] - Greed - A Fixed Mindset [36:40] - Save/Invest - 7 Streams of Income? [44:20] - Freedom of Choice: Do You Really Enjoy Your Job? [49:30] - Live - The Currency of Life is Time ( Life vs. Lifestyle) [59:08] - A Life You Don't Need a Vacation From! The BYLU Takeaways: % > $ - Develop a framework that is broken down by percentages that you can apply to your income. Generosity is a habit! It's not attained when you achieve a certain income level. If you are looking forward to Friday and dreading Monday it's time to make a change. Not everyone needs to be an entrepreneur but everyone needs to have enough savings/investments that work is a choice, not an obligation.