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Whose Bread I Eat, Is Whose Song I Sing

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In this episode, we discuss how we need to make sure we are not totally reliant on one income source.

Full Transcript

Hi Everyone, welcome to the You’re Daily Cup of Joe Podcast, with your host Joe Bautista. In this podcast, my goal is to give you quick lessons that you can reflect on in your journal so you can grow yourself physically, mentally, emotionally, and spiritually and have a better career, better relationships, and better personal finances while you enjoy your morning cup of coffee.
I’m also the author of the book “More You Know, More You Grow: How to Get Better Every Day”. In this book, I wrote down over 30 tips to help you grow in those four cornerstones. I’m also the founder of Grow With Joe, where I combine self-development coaching and financial planning for Latino Professionals.
In today’s episode, we are going to talk about how we should strive not to be totally reliant on one source of income. If I look back at my last couple of jobs, there were things that I would let slide by because I didn’t want to rock the boat and jeopardize my pay. When you have bills that you’re worried about paying, it can cause you to do things that go against your morals. I remember being in the Marines and you’re so worried about being punished and then not getting promoted or worse, losing your veteran benefits. So then I ended up singing the song of the Marines. Now the Marines had a lot of positive things within it, but there some bad players that caused me not to want to stay in for 20 years.
When I worked as a federal employee, I hated that environment and I didn’t want to feel grateful for having a job there. When I was at my last financial planning firm, they don’t tell you everything, and then they try to raise your expectations for living so that you constantly work hard for the company. They pay you, and you will end up singing their song. Now this is fine if this is the path that you choose, but there might come a time where there is a song that they want you to sing that you don’t want to, but will end up doing because a steady paycheck is a very addictive thing. It gives us a sense of security that comes with a cost.
I came across a stat that said that 51% of American workers aren’t engaged at work, which means those workers will do the bare minimum. But this 51% of workers probably don’t know what to do, or unwilling to do what is necessary to give them fulfilling work. I know for myself, it’s really hard to start a business where I’m dependent on other people hiring my services, but it gives me a lot of freedom. I don’t have to tell a supervisor what I’m doing or have to request permission to do something, I just do what I think is best. And if one client is not a good fit, then I can drop that client and get another one. So I have to make sure that I’m not 100% dependent on the business from one client. So I need to make sure my expenses have a buffer just in case one client leaves.
Life is too short to deal with nonsense, and there are alternatives out there to give me more happiness, I just have to do the work to make it happen.
And that’s it for today’s episode, to summarize it, whose bread I eat, is whose song I sing. The three most addictive things on this planet are heroin, carbs, and a steady paycheck. Since this is the case, we want to make sure that we are not totally reliant on that paycheck and can move on from a situation if it becomes unreasonable or unmanageable. Some lawyers really hate their job because they are working 300 billable hours a month and have no time to rest and relax, but if they quit their job, they will go bankrupt because they spent all their money on stuff to fill a void. So they continue to sing the song of their employer even though they hate it. I don’t want to be in a situation like and hopefully after listening to this episode, it can help you get out of this situation or from you getting into the situation in the first place. Life is too short to live life on someone else’s terms.
If you would like to get the journal questions for today’s episode, you can sign-up for my monthly journaling subscription newsletter, where you get daily journal questions Monday through Friday, and as a bonus, you will also get my time management course and my personal development cheat sheet. You can get all this for $13/mo, which is less than the cost of an audible subscription and it’s less work to gain more wisdom. You can get this offer at growwithjoe.me/journal
Thanks for listening today! To get a free copy of my Audiobook “More You Know, More You Grow: How to get better every day” just go to my website growwithjoe.me/book and you can download it right there.
I have a quiz on my website that grades your inner circle, so if you want to find out if your inner circle is an A, B, C, D, or F, you can take that quiz at growwithjoe.me/quiz
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Thanks for joining me today and remember if you go with Joe, you can grow with Joe, cause Joe knows Dough.

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