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Three Ways to Give Yourself a Pay Raise This Summer · Overwhelmed to Overcomer

0:03
Welcome to She Consider a Field podcast with coach, encourager, and fellow
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entrepreneur and homeschooling mama of four, Anna McLaughlin.
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As a homeschooling entrepreneur, you are uniquely positioned to impact the kingdom
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of God, both deep through your investment in your children and wide through your
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business.
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And yet guilt, frustration, and overwhelm can hold you back from all that God has
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for you.
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Come with me on a journey to walk in deeper peace, purpose, and joy.
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because God has given you a legacy to build and I'm here to help you enjoy the
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ride.
0:41
Hello and welcome to the latest episode of She Considered a Field.
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Somehow it's June.
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I don't understand it myself, but somehow it is June when you are listening to this
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recording.
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And today we're going to talk about a very important topic and I want you to hang
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with me and be willing to sit really curious because we're going to talk about
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tips to increase your income this summer.
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Okay.
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I know how it goes, even as homeschool moms, and I know some of you guys who
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listen are not homeschool moms.
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But we can tend to kind of think, well, you know, it's summertime.
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It's time to hang out with the kids.
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It's time to relax.
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But then we hit the fall and we start to feel really scarce and we start to feel a
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lot of doubt.
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And so this is the time that I'm actually going to encourage you women of faith to
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lean in to your businesses, to lean into good stewardship, even in the midst of
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play.
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We need play.
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We need rest.
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We need levity in our lives.
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But
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What can happen is we can kind of like start to go too far in one ditch, too far
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in another.
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I started a new business in the fall of last year and went full bore, all in.
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And then I started this podcast at the beginning of this year.
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And y 'all, I was like, I need a break.
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I need a break from my business.
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Well, guess what happened?
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When I took a break from my other business, I started to lose belief.
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that I knew how to do it.
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And then the more that I lost belief, the less I did in the business.
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And the less I did in the business, the more it fueled the unbelief until I
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reached a point where I looked at my husband and said, I don't know how to earn
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an income there.
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I made the whole thing up.
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Made the whole thing up.
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Keeping in motion sustains our belief.
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So rest, by all means rest.
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But take this podcast as your opportunity to rest with intention.
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And what I mean by that is set the table for your summer.
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Make a decision ahead of time.
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Here is how this summer will play out as far as my work and my rest.
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Here is the balance that's going to suit our family well, leaving lots of space for
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play, leaving lots of space for warm days at the pool, leaving lots of space for
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trips to the beach or whatever the summertime looks like for your family.
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And if you're going to the beach, y 'all know I have a place at Oak Island, North
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Carolina.
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Message me if you want the code for that, okay?
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Actually, I'll drop it in the show notes, even better.
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Okay, so we're talking about strategies for increasing our income, because I don't
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know if anybody else has noticed, but it's getting kind of tight out there.
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grocery prices are rising, inflation's up.
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So many people are either looking for an alternative stream of income or are
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looking for ways to maximize their current stream of income.
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So we're gonna spend some time during the summer talking about money.
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This is a topic I think women of God, I think we can get a little skittish around
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because there can almost be this pie in the sky like, whatever happens, happens
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and the Lord will provide.
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Yes, he will.
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Yes, he will provide.
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but so too are we called to labor.
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Okay.
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And so we kind of work out our walk with him with intention.
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And as women of faith earn an income, a couple of things happen.
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And listen, if there happens to be somebody who's listening to a podcast
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called, She Consider a Field, who doesn't feel called to the marketplace, I'm so
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glad you're here.
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Welcome.
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Be part of the conversation as long as it serves you like this is for you too.
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But this specific episode, we're talking about money.
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So here we go.
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Money and work.
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If you feel called to the marketplace, when as you step into greater service and
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you allow people to compensate you for your service, first, you're actually
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carrying out the role of paraclete with your husband.
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in another respect.
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There are many ways that we support our husbands.
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There are many ways that we stand alongside them and be that help me that
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we're called to be, okay, that as are that we're called to be.
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But one of the ways can be financial.
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And I will never forget, there was this fabulous, fabulous post that was making
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its rounds in social media like a year or so ago.
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And it talked about as a wife that we need to understand what our what our particular
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spouse needs.
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what their top supports would be, their top picks.
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And so I asked my husband, and this post recommended ask for his top three.
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I can't do everything well, but I can do three things well.
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What are the three things?
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Okay.
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And when I asked my husband for the three things, one of them was make time for your
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work because when you earn an income, it lifts the burden off of my shoulders.
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And it kind of blew my mind.
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I was like, what?
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And like my husband's an amazing provider, he takes his role very seriously.
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He wasn't saying, good, I can sit on the couch and relax.
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He was saying this burden weighs so heavily on me, making sure that our
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children are well provided for, making sure that I'm tending to our flock well.
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That when I know you're in motion too, it's actually easing the burden on my
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shoulders.
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Now this is not going to be every spouse, but it's mine.
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Okay.
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And I think that more often,
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More often than not, our men do carry this provider burden.
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And so when we say, here's a couple hundred dollars.
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Hey, I earned 500 bucks last month in my business.
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And I thought maybe that could cover, you know, going out for a date night a couple
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of times this month or whatever it is.
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There can be this like, this exhale breath for our partners that can be very
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powerful.
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The other thing that happens is when the money comes into the family coffers of a
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Christian home,
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we get to use that money to advance the kingdom of God.
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My husband and I were just talking about this the other day.
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Won't it be fun when we can be radically generous in this way?
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Won't it be so fun when we can provide for other people in this way?
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God's purposes can be advanced in powerful ways whenever his children have resources.
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And that resources, those resources may be financial, they may be hospitality, it
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might be love and grace, it might be all kinds of things, but this is one way.
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that we can advance the kingdom of God.
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So we're going to kind of like, we'll tussle with money stories over the coming
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weeks and months.
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But today we're going to keep it really simple.
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And we're just going to talk about how do we bring money in?
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What does that look like?
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And we're actually going to start with the backside of it, which is one of the most
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powerful ways that we can bring money in is actually by regarding it as precious
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and reducing our expenses.
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So I was actually just, I have a coach myself and there was a period of time
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where I didn't have one.
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It's been so fun to have one supporting me again.
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And it just reminds me all over again, the power of coaching, which is what I do as
7:49
well.
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And so if you've been sitting there on the fence and going, I don't know, I want more
7:53
in life.
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I'm feeling a little stuck, book an exploratory call with me.
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We're going to get some wins under your belt, even from that free call.
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And you can see whether coaching would be a fit for you.
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So when talking to my coach, we were talking about my money stories.
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And he was just kind of talking about the nuts and bolts of money.
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And he talked about, listen, when you walk into the grocery store and you fill up
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your cart, and then you intentionally decide to put a couple of things back
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because you're like, I don't need these things, we can tell ourselves, that's what
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I do when I don't have enough.
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And he said, it's time to flip the script and instead say, this is what I do when
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I'm regarding my resources as precious.
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I'm going to say that again.
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This is what I do when I regard my resources as precious.
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When we really lean into this idea of I am going to honor the things the Lord has put
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in my hands, including my cash, including the dollars and cents and pennies, and
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regard those as valuable, as highly valuable, then we are stepping into a
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deeper level of stewardship and the Lord will honor us.
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in the same measure.
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He's going to say, okay, you value what I have given you.
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I'm going to teach you how to value it even more.
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I'm going to trust you with more.
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And it may be more money, but it may be more of other things that we hold dear.
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Okay.
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And so it's part of faithful, faithful stewardship to go, do I really need, do I
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really need like the, the $10 creamer instead of the $5 creamer?
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Okay.
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So we start to ask these questions and we start to regard money as precious as
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though we didn't have enough, but not from a place of scarcity.
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from a place of respect.
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Okay?
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So the first thing that we can do is flip through those expenses, get really clear.
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And this, I loved what my coach said.
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He was like, we canceled things just for fun and just see who picks them up again.
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Cancel the Netflix subscription.
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And then like three or four months could go by before anybody missed it.
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And then his kids would be like, Hey, what about that subscription?
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He just turns it back on again.
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When they don't need it, they turn it off.
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Think about how many things we leave running in the background that are costing
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us money that we don't actually need.
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Okay.
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So that's our first step is we're just going to take a look at those expenses.
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And instead of going, I can't cut anymore.
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There's, there's not possibly anything else I could cut.
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We get really curious and going and go, what, like, where could I cut instead of I
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couldn't cut anymore.
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Where could I cut?
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Can we drive in one car instead of in two cars?
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Can we walk instead of drive?
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Can we.
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Can we clip some coupons?
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Can we meal plan?
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Can we eat oatmeal for breakfast for three mornings instead of eating bacon and eggs
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every morning?
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Okay?
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All right, so that's the first thing we're going to do.
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The second thing is we look at our income.
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Okay?
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And this is why I love entrepreneurship so very much, because our income can actually
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be scaled in proportion to our value that we're adding in the marketplace.
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And y 'all, I'm going to introduce you to the GoGiver.
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I'm going to introduce you to the GoGiver and it's going to change your life because
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it's the best.
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It is one of the best books out there on truly walking in servant business, servant
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oriented business.
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But that's not today.
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I really want to talk about it.
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Nope, we're not.
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Okay.
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So we're not, we're not.
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I'm going to keep this really simple and we're going to, we're going to dig into
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the principles of the GoGiver on another episode.
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So just stay tuned.
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It's coming.
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There's so much good stuff to talk about.
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But let's talk really simply about income.
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And we're going to talk about it from the perspective of the book, the first book
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that changed my life as far as becoming an entrepreneur, which was Rich Dad Poor Dad
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by Robert Kiyosaki.
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So the premise of Rich Dad Poor Dad is Robert Kiyosaki talks about his, he calls
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him his two dads, his biological father, the man who raised him, and then his best
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friend's father.
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His biological father went to a traditional school, worked a traditional
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job.
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went on to have the retirement and the accolades and all of these kinds of
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things, then had some sort of dispute within his work, work, the workplace and
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ended up living out the end of his days pretty much broke.
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His poor dad never went to college, maybe even didn't finish high school, but he was
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scrappy and he went out and built businesses and ended up going on to
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basically retire at a young age, build a multimillion dollar real estate
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organization.
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Teach Robert Kiyosaki everything he knew, the rest is history.
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Okay, so Robert Kiyosaki underscored this principle that blew my mind.
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At the time I was driving back and forth 45 minutes commute to my law firm, the job
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I worked for five and a half years, leaving my infant and then toddler
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daughter at home, crying for mommy at the end of the afternoon and I'm still trying
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to get home in traffic.
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It was all kinds of hard.
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And I would listen to audiobooks, just happened to grab this one because it was
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bright purple.
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And I was like, why not?
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Kind of an interesting title.
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Well, what he talked about in that book was that there are four different ways to
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earn income in our lives.
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We can be employed.
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Someone pays you for your time and you go and work.
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We can be self -employed, doctors, lawyers, if they're partners in their law
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firm.
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plumbers, anybody who owns their own company where they are out there working,
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okay?
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Massage therapists, hairstylists, investors and business owners.
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And he said, the true path to wealth is found in being in the latter two
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categories, the last two categories, investor and business owner.
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Because in those two categories, you are no longer trading your time.
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for money.
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In the first two categories, your earning is capped based on your skills and your
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time capacity.
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Okay?
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So for example, let's talk about my life as a lawyer.
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I got a starting salary.
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It was a great starting salary, but it was a starting salary nonetheless, that was
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going to raise as I progressed.
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And if I didn't work, I didn't get paid.
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If I decided I wasn't going to show up for a month or two months or three months, no
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money would be coming in because they'd fire me, right?
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My earning potential was capped by the marketplace.
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How much people would pay a lawyer, how much skill I could earn.
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And if I reached a point where I couldn't work anymore, that was the end of the
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money.
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Self -employed.
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Similarly, you trade your time for money.
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So you get to keep more of it because it's your business.
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But if you don't show up for work.
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then you don't get paid.
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Think about a hairstylist.
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Okay.
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She's got her clients.
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She's got them coming in her chair.
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If she's just starting out, maybe she's making 50 bucks a cut.
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If she becomes some sort of all star, you know, runway model, Hollywood, whatever,
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maybe she's charging three, $400 a cut.
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But still, if I don't even know, I don't know what the limit is.
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I'm sure it's high.
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Even still, if she doesn't show up and work, if she cannot work,
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or she needs a vacation or there's a health thing or she wants to raise her
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babies from home or whatever it is.
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If she does not show up and work that chair, she does not get paid.
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Okay?
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Flip side, investors.
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You take your money that you have earned and you put it into something that is a
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passive stream of income.
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Okay?
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So for example, you earn money at your job or you're self -employed and you earn an
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income.
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and you put that money towards real estate.
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You put that money towards, Kiyosaki is a big fan of truly passive assets, where no
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matter what you're getting money in your pocket.
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So for example, he would say, don't flip a house because you're working for that, buy
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a piece.
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It's not that you can't, but just that the true passive income comes when you
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purchase a piece of real estate as an investment property, when you purchase
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preferred stock that pays a dividend, where there's no, it's...
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It's not that there's no market risk, but that your income is coming in independent
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of what the stock is doing in the market.
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Okay.
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So when you buy an investment, then you've got money being put in your pocket.
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And he encouraged this exercise.
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It's a little sobering, but all things can be changed in a much shorter period of
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time than we realize.
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He talked about taking a look at the things we spend money on.
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and getting really clear on what we own that are assets and what we own that are
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liabilities.
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So at the time I was working in this big law firm, plenty of money coming in and we
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would just, there's this great meme that talks about little treat culture is
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getting really out of hand it says.
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You guys may have seen it, it circulates around a lot.
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Little treat culture is getting really out of hand.
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Why do we need a $5 Starbucks coffee?
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Just because we did something adult, like go to the bank.
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And then there's a comment to that tweet or whatever it was that says, sounds like
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somebody needs a little treat.
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It was so fabulous.
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Okay.
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So little treat culture.
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I was living little treat culture before I even knew that was a thing.
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Hard day at work, go buy a pair of shoes.
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Tough season at my job.
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Big deal going on.
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head on over and stay at a nice hotel in town.
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We wouldn't even leave town.
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We'd just stay in town because we just needed a break, right?
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And so what did I realize when I'm listening to Robert Kiyosaki talk?
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All these things we're buying are liabilities.
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The definition that he has for assets as opposed to liabilities are assets are the
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things that put money into your pocket.
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Liabilities are the things that take money out of your pocket.
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So pretty much everything that we go and buy.
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Everything we, I'm going to just say everything we go on my at the store is a
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liability.
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Everything takes money out of your pocket.
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Doesn't give anything back to you.
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Okay.
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Unless you're turning it around and you're monetizing it as a business idea.
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Okay.
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Like my daughter is always coming up with lemonade stands and why don't we sell
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some, like some sort of art thing that we're, that we're doing or cookies.
18:14
Okay.
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You can turn it into a business, but barring that it's a liability.
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So what are assets?
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Kiyosaki has a very conservative definition.
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Preferred stocks, real estate that you're holding long, or real estate investment
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trusts, that type of thing.
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Anything that if you did nothing, you did nothing, you didn't show up, you didn't
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touch it, it's still paying you.
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Other people would say, even if you have to manage it a little bit, as long as you
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know what you're doing, it's an asset.
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So for example, going and buying an index fund in the stock market, because over
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time it's going to go up.
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going and buying a building that you're going to flip because you're going to make
18:55
a profit.
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So wherever you fall on that spectrum, the point is we're putting our money to work
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to make more money, which by the way, is what we're called to do in the parable of
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the talents.
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There we are again, right back in Matthew.
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Okay.
19:09
The parable of the talents, the faithful servants went out and invested money.
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So although in the kingdom of God, we can be a little uncomfortable talking about
19:20
money, that is one of the ways that we can expand his kingdom.
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It's something that he gave us to use that we can use for good or for ill.
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And I'm just going to offer the suggestion that if we're squandering it on chips and
19:31
Starbucks runs, whereas we could be putting it to work in the marketplace to
19:36
then go and take those earnings and sow them into kingdom work, it's something
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that we need to actively consider.
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How can I be stewarding even this thing that I'm tempted to view as kind of base
19:49
and worldly?
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How can I steward this thing well?
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And in fact, all the more important that we steward the worldly things well, okay?
19:58
That we not let them own us, that we not let them be distractions, that we not let
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them be things that we just really don't engage with and pretend they're not
20:08
something that we need to really talk about or deal with.
20:12
They're there.
20:13
He gave money.
20:14
He gave money to us.
20:15
Okay, so what do we do with it?
20:17
How do we steward it?
20:18
Well, okay.
20:22
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Business owners.
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This is interesting.
21:22
This is where if we don't show up to work, money can still come in.
21:28
Okay?
21:29
You buy a coffee shop and you hire employees and train them to work in the
21:33
coffee shop.
21:33
If you're not there, they can still sell product.
21:36
There's still a profitable day.
21:38
Okay?
21:40
Massage therapist or hairdresser builds a business, purchases a building or rents
21:47
out space.
21:48
and rents out chairs or massage chairs or whatever it is, people pay her a fee.
21:54
So if she's not working, she's still making a cut of their profits.
21:59
Okay.
21:59
Direct sales.
22:01
Okay.
22:02
You start a business, you bring other people on and train them on how to do that
22:08
business.
22:09
And when you are taking a vacation, you have empowered them to earn their own
22:14
income and you are still earning.
22:17
a percentage of that.
22:20
Okay?
22:20
And listen, I'm just going to throw this out there.
22:22
If you have opinions about direct sales and MLMs, like I've walked this road for a
22:26
long time.
22:27
I was in a traditional direct sales company for eight years.
22:29
I've chosen a different model called social retail that I believe is much more
22:34
powerful because it encourages, it actually, it's built, it's built so that
22:41
you're actually able to earn very well without building a team.
22:46
And it does have that leveraged piece where people can get started on the
22:51
products that you share.
22:52
And then as you train them, okay, so in a traditional direct sales, it's like you
22:57
train your team.
22:58
And then when you train your team, they go out and do, and then you earn an income.
23:02
Okay.
23:03
Social retail, you're actually training your customers to have high buy -in on the
23:09
products that are going to transform their lives.
23:11
The product that I share about anyway.
23:13
And then,
23:14
there's still that continued connection, there's still that continued service, but
23:19
the work that you're putting in is highly leveraged.
23:22
And so you put in that high amount of investment to help them get understanding
23:26
on, hey, this is how this is going to serve and support you.
23:29
And then it's these lighter touches over time.
23:31
So it's a leveraged form of income.
23:34
You can also do it by building a team as well.
23:36
So if you have opinions about MLM direct sales that are really like...
23:40
elevated of just like, I hate that.
23:42
You know, the whole, the post of like, I never buy MLM, right?
23:45
The post on Facebook, give me, give me your best solutions ever.
23:49
I'm open to everything except for this subcategory of products, just because I
23:52
don't like the way the financial piece is structured.
23:55
Let's work through that.
23:57
Let's work through that because I started out with that bias, you guys.
24:00
And when I was like, I don't do those.
24:02
I don't buy from those things.
24:03
I don't like that.
24:05
Why?
24:05
Because I felt uncomfortable.
24:07
I felt uncomfortable.
24:08
And because of that,
24:09
I missed out on a really beautiful opportunity to support my friends.
24:14
I missed out on a really important, a beautiful opportunity to learn about a
24:17
product that could have served me very well.
24:19
And so I just want to encourage you guys, it's important that we be wise as we're
24:24
looking at the, if we're, if we're looking at a way to earn leveraged income, those
24:29
structures can be really beautiful.
24:30
The compensation plan matters.
24:32
Okay.
24:33
The compensation plan matters and it's important to really understand what is the
24:36
product I'm sharing.
24:38
How does the compensation plan align with the way the product works?
24:42
What's the likelihood for continuity of income?
24:45
As people buy, are they going to continue to buy because they're continuing to be
24:48
well -served by the product?
24:50
It's not predatory to help somebody get on a product that's going to serve and
24:57
support them well and change their life.
25:00
And you help them do that at a high level because you actually know how to serve
25:04
them.
25:05
And you can say, I know this is going to help you.
25:07
and I care about you because I'm actually in your life.
25:10
I'm not target, right?
25:11
I'm right here.
25:12
I'm in your neighborhood.
25:12
I'm at Mops with you or whatever it is.
25:16
When we can help somebody in that way, that is a legitimate business.
25:22
So if you're indirect sales, MLM, social retail, whatever, it's time to stop
25:27
apologizing for it.
25:28
You have a real business and it really matters.
25:30
Okay.
25:31
And if you have some thoughts about MLM, social retail, direct sales, whatever it
25:36
is.
25:38
come talk to me, let's have a conversation, because I was right there
25:41
with you.
25:41
And my judgments kept me from finding some blessings, including a stream of income
25:47
that was very life -changing for our family.
25:50
So little rabbit trail on that.
25:51
It's something I'm really passionate about because it's been an industry that I've
25:56
been a part of for a really long time.
25:57
I've seen the good side.
25:58
I've seen the challenges.
26:00
I think just like everything else, we need wisdom.
26:03
as we walk this out, we need to understand ourselves.
26:06
We need to understand the business that we're entering into.
26:08
We need to look around us and see who's being successful.
26:12
How are they being successful?
26:13
What does it take?
26:14
And then we step into what we feel is the next call from God.
26:19
The thing I will, and I'm just gonna say this, this is my last thing on this.
26:22
I did not expect to go on this rabbit trail, but you know me.
26:24
I will say this.
26:26
My favorite thing about this model is it.
26:30
takes so much of the pressure and heaviness around starting a business off
26:35
your shoulders.
26:36
So if you are looking for, okay, so here's what I wanna say.
26:39
This is all about increasing your income, right?
26:41
If you're looking for a way to increase your income this summer, take a look at a
26:46
leverage opportunity like MLM, direct sales, social retail.
26:50
If you're curious about why I chose the business I chose, just shoot me a message.
26:53
Let's have a conversation about it.
26:54
I love where I am for a lot of reasons.
26:57
Crunchy Girl, nice clean products.
26:58
They work really beautifully for people.
27:00
They're very visible.
27:01
They're really geared towards sharing on social media.
27:05
And I love that people can earn a really good income by sharing the product without
27:11
building a team.
27:12
Although I love the team building thing.
27:13
Okay.
27:14
So message me, let's talk about it.
27:16
I love what I do.
27:17
Now, if you bake cookies, if you create art, if you write whatever thing you do,
27:25
If you are currently working and your work is more of that self -employed role, okay,
27:34
if you're a hairdresser, an aesthetician, if you're like running a workout club,
27:40
whatever it is, if you are trading your money for time, I work when I show up,
27:47
consider adding in an additional stream of income that is leveraged, okay?
27:54
So.
27:55
Your most simple next step is a social retail direct sales model because that is
28:01
like, boom, here it is.
28:03
Ready -made built business.
28:05
They've got the marketing materials.
28:06
They've got the product already.
28:07
They've got the warranty.
28:08
They've got the customer service piece.
28:10
You become the face of the product by you.
28:14
Okay.
28:15
So you're not the face of the product.
28:17
You're the face of your version of the product.
28:19
Why do you love it?
28:20
Why are you sharing about it?
28:21
What's it going to give to your people?
28:23
Okay.
28:24
It's got to be aligned.
28:26
This is why you need a coach.
28:27
Work through this piece.
28:28
It's got to be aligned.
28:30
But so much of the back office burden is lifted off your shoulders.
28:35
Okay.
28:35
So that's my, that's my piece about direct sales and all of that.
28:39
Now we're going to increase our income.
28:41
How are we doing that?
28:42
I gave you a little preview just now.
28:44
We're going to find a way to step out of trading money for time because the only
28:49
way to grow our income when we're trading money, two ways, the only two ways to grow
28:52
our income when we're trading money for time.
28:54
Listen, the only two ways to grow our income when we're trading money for time
28:58
are either to increase our skill so that we can charge more in the marketplace or
29:03
work more.
29:05
And the easiest, the most efficient scaling opportunity is to work more.
29:11
This is how we end up with burnout, you guys, because we end up getting on this
29:15
rat race mode.
29:17
where we're just like, okay, but I need to add my, I need to add to my income.
29:20
So I'm going to add another client.
29:21
I'm going to add another client and we wipe out and we burn out and we end up
29:24
with adrenal fatigue and we ended up having to like cancel all of our bookings.
29:28
And then we end up in worse shape than we were before.
29:31
So that is why getting really strategic and elevating in our business and going,
29:35
okay, how can I leverage my time today becomes so powerful.
29:40
Okay.
29:41
So we can add a bucket and let me just note for you.
29:45
Listen, this is so important for us to understand.
29:47
This is so important to understand.
29:49
We tend to think as a culture, we are the one thing we do.
29:55
We have a job, a job one.
29:58
Okay?
29:58
But if you look at the way millionaires think, the average millionaire has seven
30:04
streams of income.
30:06
That is not seven jobs.
30:08
Seven streams of income.
30:10
That may look like this.
30:12
Well, I have my job.
30:14
which is to write books.
30:16
And then I have the podcast that I run.
30:20
And then I have the blog that's monetized and the YouTube channel that's actually
30:27
monetizing as well, but it's actually clips from the podcast.
30:30
And then I'm on Twitter and I get sponsorships and those sponsorships come
30:35
from the content that I've already created from the book and the podcast.
30:39
And then I also have an apparel store and the apparel store isn't something I even
30:42
have to think about because it's just clips from my speaking and then those get
30:47
put on.
30:48
And then the podcast has actually got sponsorships to it as well because I just
30:54
bring on the brands that I really like and I talk about them and I get a cut from
30:58
that.
30:59
And then the money that I make from all of this goes into a real estate investment
31:04
organization.
31:05
And then I also have...
31:07
money in the stock market, right?
31:08
So we have this kind of like engine that starts to move and starts to be self
31:12
-propelling and just grows and grows and grows, right?
31:15
We can do the same thing.
31:17
We can do the exact same thing.
31:20
So for example, you've got a bread business, you're making homemade bread.
31:25
And then you're like, well, people ask a lot of questions about my favorite bread
31:31
recipes or how it is that I'm able to incorporate making bread when I'm also
31:35
homeschooling my children.
31:36
or how it is that I'm able to run a farm and do the bread thing and also have a
31:43
really amazing ministry.
31:44
And so then I start, then I write a little ebook about that.
31:47
And then I also have affiliate links to the products that I love to use.
31:51
And then I also have a company that's really aligned for me, that's part of my
31:56
self -care routine.
31:57
That's how I stay stable and stay kind of aligned and everything like that.
32:01
And so then I have that piece and I have an affiliate link to that product that I
32:05
really love and I share about that as well.
32:07
And then I get brought in on podcasts and I get to start speaking about this and I
32:11
start to earn an income from doing that.
32:13
And then after the ebook goes really well, then I actually write a written book too,
32:17
or I'm monetizing on YouTube from the speaking that I'm doing.
32:21
Okay.
32:21
So in this digital age in which we live, we can create many different options.
32:25
We can create a lot of different streams of income, a lot of different ways in the
32:29
door.
32:31
Interestingly enough, and then we push it out to investments, okay?
32:35
Interestingly enough, when people spend $5 with you, they are disproportionately
32:41
likely, like I don't know what the percentage is, but significantly more
32:45
likely to then go ahead and buy the $100 offer and the $1 ,000 offer and the $10
32:49
,000 offer from there.
32:51
What do people ask you about all the time?
32:55
You have not even noticed it most likely because you're like, yeah, well, of
32:58
course.
32:59
I mean, obviously that's what I talk about.
33:01
It's like, it's all people know about me.
33:03
We don't notice it because it's our gifting.
33:06
We don't notice that one of my pastors used to say fish don't know they're wet.
33:10
Okay.
33:10
We don't even recognize the gift because it's so much a part of who we are.
33:15
Elevate for a minute, friends.
33:17
Think about it.
33:17
What conversations are you always having?
33:19
What do people call you asking for?
33:23
Okay.
33:23
I had a really hard time pinning this down because for me, people called me for all
33:26
kinds of things, but that's kind of part of my deal.
33:30
I'm like, I call myself a little spider, like come to the hub, right?
33:34
Come to the hub and then I'll send you out.
33:36
I know this great blog.
33:37
there's this amazing wellness thing.
33:40
my gosh, I love this mama, mama author, whatever.
33:43
There's always some resource that I found that I share with my people.
33:48
Okay.
33:49
So why do people come to you?
33:53
And then we tend to think it's a bad thing.
33:57
Okay, we're going to break some money stories.
33:59
Okay.
33:59
I, okay.
34:00
We're going to break some money stories.
34:02
Here's the deal.
34:03
And we're going to do more this summer.
34:04
This is kind of what I feel like we need to be talking about right now.
34:08
Here's the deal.
34:10
We tend, especially as believers, to think that we are wrong to charge for our
34:16
services, but people actually impute value to something.
34:22
based on its sticker price.
34:25
So if you give something away to someone that is valued very highly, you're
34:30
actually robbing them of their own transformation.
34:34
I'm going to say that again.
34:35
If you choose to give something away that has very high value and as a result
34:39
undervalue it in the eyes of the other person, you are stealing their
34:44
transformation from them because they're going to get in there and go, OK, yeah, it
34:48
was free, whatever.
34:49
I'm preaching to myself.
34:50
I'm like, my guide that I have, my Overwhelmed to Overcome guide, it's not a
34:53
free guide.
34:54
It's free.
34:55
But the value of that guide, as far as what it can do to shift your state is far
35:00
and above.
35:02
I mean, like, you know, it's obviously it's far and above free.
35:07
And there's, and there's value in giving away value.
35:11
But if we never charge anything for anything we do, then people will regard
35:17
it.
35:18
as being worth what you're charging, right?
35:23
And then that's the level of connection and engagement they'll give it.
35:27
And then that's the level of transformation they're going to get.
35:30
Okay.
35:31
The coach that I work with says money is essentially the way he said it was so
35:38
beautiful.
35:38
I don't quite have it down, but essentially it's like a packaged emotional
35:43
exchange.
35:45
Okay.
35:46
So for example,
35:47
You hire a coach.
35:49
They help you feel more empowered and equipped and encourage to do the work
35:53
you're called to do in the world.
35:54
You pay them in exchange for that feeling.
35:57
I'm giving you money for the feeling of transformation that you've given me.
36:00
And then the coach turns around and pays that money to go see a concert with their
36:08
kid.
36:09
And then the people at the concert venue turn around and put that money out into
36:14
advertising to bring in more people to come see the next concert.
36:17
And then the people that are coming in to see that concert, they're coming in
36:20
because of the emotional experience that they've created that put money in their
36:23
pockets.
36:24
And so money can just keep on moving and keep on moving as we continue to add value
36:29
to other people's lives.
36:32
The money's not meant to just sit in your hands, push it back out into the world and
36:36
do so in a meaningful way.
36:38
Okay.
36:39
Okay.
36:40
So we're going to look beyond simply trading money for time.
36:44
And we're going to talk about how can we leverage our income?
36:47
And then because we've already done the work to cut our expenses, we're going to
36:51
do the last piece of this thing, which is we're going to sew that money into assets.
36:55
Okay.
36:56
So this is where we do the index funds in the stock market.
37:00
This is where we do the real estate investment trust.
37:03
This is where we start saving money for a down payment on a rental property.
37:06
This is where we start to look at whether we can get some gold or silver, or we
37:11
start to look at putting things in the Roth IRA, that type of stuff.
37:14
And we push that money out so that it can work.
37:17
for us so that over time, as we continue to do this, we're lifting the bar of our
37:23
stewardship.
37:24
We have more money in the bank, we have more room to breathe, and we have more to
37:27
give.
37:28
Okay?
37:29
All right.
37:30
So we're going to decrease our expenses because money is precious and we're going
37:34
to treat it that way.
37:36
Okay?
37:36
It does matter.
37:37
It matters whether we choose, especially, listen, especially if it's feeling tight,
37:42
because here's the deal.
37:43
And I get into this trap too.
37:45
There reaches a point where...
37:47
Where expenses can feel so overwhelming, the inflate, the gap between where we are
37:52
and where we need to be can feel so large that the idea of choosing not to buy a $5
37:59
coffee can feel like it's like irrelevant.
38:03
What good is that going to do?
38:04
It's a drop in the bucket compared to where we need to be.
38:07
When we flip our mindset and say it all matters, I'm going to be faithful in all
38:12
of it.
38:13
When we choose to be faithful and we say it all matters and I'm going to mark all
38:16
of it.
38:17
All of a sudden it shifts our regard for money and we start to see it as a valuable
38:24
tool that we need to be mindful of at all levels.
38:28
And as we do that, the coffers start to grow and then we start to feel more
38:32
abundant and we start to feel more at rest and go, it's going to be okay.
38:35
We're going to make it through this season because we're careful and we're thoughtful
38:39
and intentional.
38:40
And when we're thoughtful and intentional, not only will we be saving money, but we
38:44
will be on the lookout.
38:46
Okay, what else can I do?
38:49
How else can I steward well?
38:50
How else can I add value to the world?
38:53
And as we ask that question, then we're going to see opportunities where we didn't
38:58
see them before.
38:59
Okay, all right, so we're saving our money.
39:03
We're looking at ways that not only can we trade money for time, but we can also
39:07
leverage our time, okay, and bring in streams of income in an alternative and
39:14
flexible way.
39:15
And then we're going to send that money out as assets, purchasing assets that can
39:20
keep this engine rolling so that we can feel more abundant and we can have more
39:23
income coming in.
39:25
Okay.
39:26
All right, friends.
39:27
So that was kind of a more technical conversation.
39:29
How you hang in, how did this land?
39:31
Are you like 101 already know all this stuff breeze right past it?
39:35
Are you sitting here going never really thought of it this way?
39:38
Is Robert Kiyosaki a new name?
39:40
Is this whole rich dad, poor dad concept new to you?
39:43
message me, find me on social media.
39:45
I want to hear what you have to say.
39:47
And listen, if these podcasts are landing for you, be sure to share them with
39:51
people.
39:51
I would be so grateful if you would drop a review, if you would send an episode to a
39:55
friend that you liked.
39:57
All of these things are so much for joining us for this episode.
39:59
If she considers a field to serve you better.
40:01
If you found value in this episode, I would be so grateful if you would leave a
40:05
review wherever you listen to your podcast and be sure to share with a friend who
40:09
needs some encouragement on her journey today too.
40:11
Until next time remember, you've got this because he's got you.