Hey Dan here and in this video we're going to
cover some realistic financial advice for ENFPs.
Now, if you're new here, my name is Dan and I'm
the creator of ENFP Unleashed and my mission at Dreams
Around The World is to help you create the most
awesome life possible for you and those you love.
Now, financial advisor
is one thing I could do here is go through a
bunch of cliche financial planning rules written
by ISTJs is about how you should save 10 percent
and how you should compound your interest and
always make sure to budget each month 200 and 17
dollars for groceries a hundred and four Our
dollars for whiskey that's not going to happen
now. Maybe if you are in has found a way to make
this work will leave it below in the comments I
wanna hear from you, but what I'm gonna share is
realistic. Financial advice that can actually
help make life a lot easier for us. Peace so
let's start with investing. If you're going to
invest is and invest in yourself, we are likely
to have some financial ups and downs most people
do eat peas or not, whether it from job loss or
divorce or just being idiots with money, but
we have even a little more of this in our in our
lives Careers and that's fine that's what makes
life fun and interesting and why most people
think we're kind of awesome. But it does mean
that there is a chance of losing a big part of
your investments. Now. I'm not saying to never
investor never save money or anything like that
but what I am saying is one of the best
investments you can make is investing in yourself
uh education you know useful education, training
courses mentorship ugh health you know working
out taking care of yourself that way, even things
like memories and trips, like if you take some
money and you travel around the world for a year
and five 10 years from now you're never gonna
look back and be like oh man remember that time I
wasted that money traveling the world and having
an amazing time. I couldn't put that into my my
space stock and I would have had seven dollars
now damn what I miss out on that right. So invest
in yourself that can never be taken away from
you. I would highly highly recommend that, as
well I think investing in ourselves is one of the
best compound interest. If you spend a thousand
dollars today learning to be may be more
productive or better at business or more
efficient or effective or something like that
you're probably gonna earn back Aka thousand
dollars or more every year from now until forever
based on that knowledge and becoming a better
version of yourself. So I just mentioned as we
have these ups and downs kinda happening, steady
source of income can be really nice as and
now I've been an entrepreneur for over a decade
now, I know not. Everyone watching this is but
this is especially important if you're, an
entrepreneur, if you are an employee, you
probably have a steady source of income cuz
that's how employment works do not take this as
me saying
should be employees now How do we do it to
yourself, but this is me saying is that, as an
entrepreneur or freelancer coach someone like
that, looking for income streams within your
business that provide apes teddy consistent
income and you can mix that with kind of bigger
projects and bigger things. You do so give you an
example just out of my own business is there some
things. I do like having an event that is a one
-time source of income. I will host an event.
People will come to it and that is money. I earn
one time that is a really fun part of my
business. I love hosting events. I love meeting
new people and I love the challenge of figuring.
It all out and everything like If I only did
event my income would be like oh event, oh, God
oh, God no money yoga event and it wouldn't be
great also gonna be great. Cuz I've been really
stressed and worried about the income from the
event rather than worried about having an awesome
event, but I have other parts of my business. I
have books I've written which provide pretty much
like every month. I'm like there will be this
amount of money plus or minus a few dollars
landing on my Bank account is just how it has
been for years. I have on going coaching clients
that we have a relationship where every month
their pain is certain Mount and we work together,
one on one and that is the consistent income part
of my business and I found that in general for
the personality type this works really well,
because we can work hard and put all that energy
into creating something like writing a book. But
then, rather than getting, like 10000 dollars
right away from riding in the book. We might get
500 dollars every month from sales or 200 dollars
whatever it happens to be for your book um and
that is eight Better way to be paid because if
we're burning all the money up front like let's
say, when I was a freelance writer, if someone
hired me to write a book, I might charge them.
Five thousand dollars and I get that money.
Upfront to be like yeah we're going to party and
then like a few months later, like a okay gotta
write another book for someone else because I
have no money and that's often how people get
stuck in the cycle of like jobs, they don't like
her working for people. They don't like, is doing
Or over spending when they have the money rather
than saving and that kind of thing so with
writing, a book for myself. It is the difference
between that and ghost writing is ghostwriting. I
get all the money up front writing. It for
myself, let's say. I got 200 dollars a month from
it over two years. I'm getting roughly the
five thousand back and then every month I keep
getting 200 that works a little better. I think,
and in joy, it more because you have the
consistent income every month and it's a little
more predictable, which allows you to plan it
allows you like I can take a month off now and a
lot of my Um basically stays the same and that
has worked really well. This isn't quite contrast
to when I was freelance copy writing and during
that time I had actually so I had two types of
faces when I was feeling to copy ready. I had a
phase where I was just doing one off client
project and I might have a 10000 dollar project
and that was Super cool. It was like great look
at all this money, but then I'd have to work on
that project and I wouldn't have new clients for
a few months and you know you can have a dip and
then I had other times where I had retainers
where clients will pay me 20 500 dollars a month
and it's just you got that money. You did some
work for us and that So as you might expect
always preferable as well, so when you can look
for opportunities to have the consistent monthly
income with clients or with products, you create
or services. You offer and it might seem obvious.
But it's really not and it's just a different way
of thinking about setting up your services. How
you market yourself and that kind of thing even
if it's the choice is like five thousand dollars
now or five thousand dollars spread out over the
year in general, assuming you know that the
client will pay you and there's, not credit
issues or something I would always take it spread
Because psychologically that's going to be alot
better for you and encourage you to up your game
and earn more money to add to that monthly
income. So that is my realistic financial advice
for he's just based on my own experiences as well
as a bit of the coaching I've done with
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