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Money Goals

Money Goals

Released Friday, 10th May 2024
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Money Goals

Money Goals

Money Goals

Money Goals

Friday, 10th May 2024
Good episode? Give it some love!
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Episode Transcript

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0:00

I. V. M. Some

0:30

like the Russian Korabil-4 in

0:32

1960 failed to even get

0:34

out of Earth's orbit, let

0:36

alone reach Mars. However,

0:39

in 2013, India

0:41

launched MOM, the

0:43

Mars Orbiter Mission.

0:46

And this was a tremendous success. Getting

0:48

to Mars is not an easy exercise at all. Forget

0:51

about the technology needed to take off and

0:53

land on the Martian surface. What

0:56

boggles me is the math needed

0:58

to land on the surface with

1:00

precision. Think about it this way.

1:03

You have to shoot a machine

1:05

the size of a car 250

1:07

million kilometers away. Now,

1:12

this destination is not sitting in

1:14

one place. It is moving.

1:17

It is orbiting around the sun. So

1:19

not only is the Earth moving, but

1:22

so is Mars moving. Those are two

1:24

moving objects. And if that is not

1:26

hard enough, the whole surface is rotating

1:28

as well. As

1:30

humans, we now have the ability

1:32

to overcome all these challenges, do

1:34

all the math, and

1:36

land within a 10 kilometer

1:39

radius of that goal

1:41

location. There is this

1:43

one location on Mars that is a dried

1:45

up lake, which looks like the best possible

1:47

place to find signs of life. And

1:50

this is where most of the missions are

1:52

headed to discover these signs of life. Or

1:55

to discover frozen water, Which

1:58

could again be a sign of life. So.

2:01

Do missions have have a clear

2:03

goal and this is why they

2:05

are successful. Can. You imagine of

2:07

the space missions made goals like the

2:10

way we make our financial goals. The

2:12

conversation with something like this. We

2:14

want to explore space. I

2:17

don't know how. Five. Maybe.

2:19

we go to my me between this

2:22

molson but i don't know. If.

2:24

You don't believe me? This. Is asked to the

2:26

how most of us have our money goes blend.

2:29

I'll I'll ask my claims. When we first

2:31

started looking to get the what did bull's

2:34

eye. And assign then she'll go

2:36

is often sound like this: I want to

2:38

make lots of money. Me that he is,

2:40

it's by don't even know if I need

2:42

that much money because I'm actually way quite

2:45

comfortable with the way than I'm living right

2:47

now. Now. You see, this

2:49

school is so confusing it is

2:51

no direction to it. What?

2:53

Is their definition of a little more.

2:56

What? Is the definition of being that he

2:58

is? It is the I have a plane

3:00

with four Rolls Royce cars. And

3:02

they don't think the devotees it's in fact

3:05

they compare them says the someone with sixty

3:07

two Rolls Royces. It takes

3:09

a lot of effort for most of

3:11

us to visualize have to be up

3:13

money or financial goals. And

3:15

if we do, we're too scared to

3:17

I'd done that. Clear goes. We.

3:19

Seal it is too greedy or

3:22

to egoistic are too. Unrealistic.

3:25

However, this is actually the first step

3:28

to making good money habit. If you

3:30

can visualize a clear goal you can

3:32

meet have to be a plan

3:34

to get there. If

3:37

mankind can achieve a goal like it

3:39

did for the Mars missions, I know

3:41

that you can achieve a financial goals

3:43

that you set your mind to. Send.

3:45

You another keys to financial goals.

3:48

Step One. Don't be

3:50

realistic. Dream. A little. Too.

3:53

Many of our boys are too small

3:55

is because we underestimate a sense. Said.

3:58

A big boys and then. Become.

4:00

The person that I cheese that.

4:03

Step to make it a total

4:05

net worth number. And that

4:07

means all your assets put together.

4:10

What is is eating put together?

4:12

What are you truly worth? A

4:15

More the liabilities or the lawns that

4:17

you had all the things that you

4:19

have to pay off. Remove those but

4:21

meat. so too does assets and see

4:23

what years you leave with snow. This

4:25

is not just your salary eats. Many

4:27

of us have a salary goal. It's

4:29

better. Not it. What are your assets

4:31

Because that is actually read wells comes

4:33

from. When you look at this number

4:35

you must seal beyond satisfied so it

4:37

must make you feel it's super happy.

4:40

Market Now Step three and this is

4:42

the most important. For. The deets do

4:44

it. By. Then with you achieve this goal is.

4:47

Some the is not a d that can be

4:49

found in the calendar. If you don't

4:51

have would be it for the boys said will

4:53

never happen. He will keep progressed and

4:56

eating it. You. Would always see that

4:58

like you have more time. And

5:00

when in truth? The. Time is running

5:02

out. Fine leads

5:04

as I'd known this. Goes.

5:07

In. A very clear format, the former that

5:09

I'm gonna give you know. I.

5:12

I spin Doctor will have

5:14

a network of seventy four

5:16

million dollars by twenty first

5:18

of turbo. Twenty. Thirty

5:21

Four. If you like, you

5:23

can even break it up into stages.

5:25

For example, I asked and doctor will

5:27

have a net worth of seventy four

5:29

million dollars by the age of fifty.

5:31

Over the next ten years, I will

5:34

double that money to a network of

5:36

hundred and forty eight million dollars. To

5:39

seats in this of the you can

5:41

see the juror need your destiny as

5:43

since in the form of clear goals

5:45

one goes after the other. After

5:48

all, it's who said that you need to have

5:50

just one financial goals for your whole life. it

5:53

can change as you grow your super

5:55

simple habits starts by getting a piece

5:57

of paper and have been then Begin

6:00

by dreaming big. What

6:02

would your net worth be and by

6:05

when? Write it down and

6:07

then use the same format

6:09

that I told you earlier. I followed

6:12

by your name will have a net worth

6:14

of X dollars or X rupees

6:16

or whatever your currency is by

6:19

this specific date. Remember,

6:23

this is your first and most

6:25

important financial habit. To

6:27

have a goal and remind yourself

6:29

every day about that goal. If

6:32

you enjoyed this episode, I want you to do two

6:34

things. Share it with three people and

6:38

make sure that you're subscribed. We

6:40

also have a YouTube channel called the habit

6:42

coach awesome 180. You can check out snippets

6:44

there. You can also follow IVM podcast on

6:47

Twitter, Instagram, Facebook, LinkedIn. And if you want

6:49

to follow me, I am at Ashton dock

6:51

on Twitter, Instagram and everywhere else. You can

6:53

also explore my book one habit a day,

6:56

the book of good habits for kids and

6:58

change your habits change your life. Or if

7:00

you prefer online courses, they're all available on

7:03

my website. I am Ashton doctor, your

7:05

habit coach.

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