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Questions
“At what point did you feel safe regarding your savings?"
From: Clueless Saver.
“I have wanted to leave my job for a long time. I finally got an offer for a lateral move to a nationally recognized company in a new industry with 55 % increase to my salary. I'm not super excited about the job itself, but I don't know when the next opportunity to leave will come up. Should I take the job?”
From: Chronically Indecisive.
CQ 1 Summary
The conversation explores the concept of feeling safe regarding savings and the role of achieving a certain financial milestone, specifically 100K.
It delves into the journey of reaching 100K and the personal growth required to get there.
The importance of increasing one's value to society and the empowerment that comes with achieving a financial goal are also discussed.
Practical considerations for feeling financially secure are mentioned, but the focus remains on the personal transformation and confidence that comes with reaching 100K.
Takeaways
Feeling safe regarding savings is a subjective experience, but achieving a financial milestone like 100K can provide a sense of security.
Reaching 100K requires personal growth and becoming a different person, both in terms of economic value to society and as a thinker.
Increasing one's value to society is crucial for earning a better salary and feeling financially secure.
The journey to 100K is not just about the money, but about the confidence and belief in oneself that comes with the achievement.
CQ 2 Summary
The conversation discusses whether to take a job offer with a 55% salary increase but without much excitement about the job itself.
The host breaks down the decision-making process, considering financial factors and the importance of joining a nationally recognized company.
They also highlight the significance of optics and career advancement, as well as the idea of waiting for the next opportunity.
The host advises not being too attached to a job if it doesn't bring fulfillment and suggests seeking advice from trusted advisors.
Takeaways
Consider your financial situation and the urgency for money in the next few years when evaluating a job offer.
Joining a nationally recognized company can have long-term benefits for your career.
Optics and perception play a role in how others perceive your professional success.
Waiting for the perfect opportunity may lead to missed chances, so evaluate the current offer based on its merits.
Not being excited about a job is acceptable, as it can be seen as a stepping stone to future opportunities.
Seek advice from trusted advisors to gain different perspectives on the decision.
#007 l Class Questions