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Jay Shetty

๐Ÿ‘ค Speaker
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28501 total appearances
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On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

Yeah.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

I'm glad you did that reframe and I'm glad you went there after talking about the habits for saving, because like you said, the habits will expand into wherever we are.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

But I couldn't agree with you more.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

I remember in my family, it was always about like making sure we saved every penny that we could.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

And that was really important to us.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

But what I found was that the amount of time dedicated to savings.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

So for example, if

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

If you'd bought something from the supermarket or whatever and you had to return it or it wasn't perfect or there was some, it was past its sell by date or whatever.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

And I remember like sometimes my family would like sit on the phone for like an hour or two hours trying to save like 30 pence a pound, whatever it was.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

Yeah.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

And as I grew older, I started to realize, well, if you put that two hours towards making money, it would just, and I'm not saying this is easy.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

I'm not saying that you're stupid if you're doing the opposite.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

That's not the point.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

The point is time is money.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

We've heard that for years.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

And you can either put two hours, once you've done everything Nisha said, you're either spending two hours trying to save an extra X amount, which like you said is limited, which

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

Or you have the ability to use that two hours, to use your creativity, to use your passion, to use your energy, to use your skills, to use your whatever it may be to actually create value in the world, which has no limit.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

And I love the way you put that, that saving has a limit, earning has no limit.

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

But I think that's where it comes back to what we talked about earlier, where it's like, if you don't believe...

On Purpose with Jay Shetty
Nischa Shah: #1 Financial Mistake People Make in Their 20s & 30s (Fix It With This Simple System)

That you can make more.