Using Your Money to Make a Life Instead of Using Your Life to Make Money

Using Your Money to Make a Life Instead of Using Your Life to Make Money | E59 Laura Rotter

I feel today’s episode is a perfect follow-up to my recent conversation with Jeremy Schneider. In that episode, we discussed how to easily invest your money in order to predictively grow your wealth. Today I want to extend that conversation.

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Show Notes

I know so many of us 20-somethings are focused on increasing our wealth and gaining more financial security. I’m definitely in this boat and I think that is a wise approach. I’m confident that we will get to a place where it becomes less about making money and more about life satisfaction.

I think my guest today summarizes it the best: use money to make a life, don’t use life to make money.

Joining me on The Struggle is Real is Laura Rotter, Founder of True Abundance Advisors. Laura’s career is dominated by her 30 years of experience on Wall Street but she’s spent the last 6 years helping individuals attain both financial security and life satisfaction through her own advising firm.

Laura gives a lot of reflective advice on career exploration, how to go about pursuing a new life direction, and shares a technique to treat your personal finances like a business owner.

After this conversation, I hope you walk away with thoughts on how you’d like to make meaning with your money. This is a personal question for each of us, and I don’t think there is a right or wrong answer. As long as you’ve given it some real thought, and continue to evaluate your line of thinking, you’ll truly live your rich life.

Show Notes:

[2:24] Rethinking the first decade of your career

[11:59] When is enough money, enough?

[28:44] A rabbi, yogi, and financial advisor

[35:02] Despite their differences, how Laura and her husband have created shared experiences over their 30 year marriage

[41:56] Finding purpose outside of making money

[50:00] Managing at your finances like a business owner

Mentions:

How to Get Started Investing, the Cost of Actively Managed Funds, and a 2-Step Plan to Retire in 15 years I E57 Jeremy Schneider

90 Days to a New Life Direction by Laura Berman Fortgang

More of Laura:

https://trueabundanceadvisors.com/