Speaker 1: Welcome to Before Breakfast, a production of iHeartRadio. Good Morning,
Speaker 1: This is Laura. Welcome to the Before Breakfast podcast. Today's
Speaker 1: tip is that your life starts now. Don't wait until
Speaker 1: some future time to pursue what you want. Get moving
Speaker 1: toward your goals today. Today's tip comes from my recent
Speaker 1: interview with personal finance expert farnushe Torabi. Farnush hosts the
Speaker 1: podcast So Money, and as the author of the book
Speaker 1: A Healthy State of Panic, Follow your fears to build wealth,
Speaker 1: crush your career, and win it life. Varnush noticed that
Speaker 1: so many people and perhaps especially women, tend to delay
Speaker 1: working toward their financial goals until some point in the future,
Speaker 1: like when they think they'll be partnered or worried, perhaps
Speaker 1: because they assume their partner will earn more. But Farnush
Speaker 1: urges people to get started on their goals right away.
Speaker 1: Your life starts now, she says, You're in charge, you
Speaker 1: are driving the ship. I think this is great advice.
Speaker 1: Maybe at some point in the future you will have
Speaker 1: more money when you're married, when you land the promotion
Speaker 1: after an inheritance from an elderly relative, as soon as
Speaker 1: you finish paying off your student loans. But even if
Speaker 1: that does happen, don't delay pursuing your financial goals until then.
Speaker 1: You can get going now. Money tends to grow over time,
Speaker 1: so the same amount of money saved or invested today
Speaker 1: is better than the amount saved or invested in five years,
Speaker 1: And of course it is not either now or later.
Speaker 1: It is better to save or invest that amount now
Speaker 1: and in a consistent way in the future. If you
Speaker 1: start working toward your financial goals now, by the time
Speaker 1: whatever windfall you envision for your future comes along, you'll
Speaker 1: already have a lot of momentum. And if you fall
Speaker 1: in love with a wonderful person who doesn't make much money,
Speaker 1: or if the promotion never materializes, well, you are on
Speaker 1: your way toward your financial goals. Anyway. The advice that
Speaker 1: your life starts now is relevant in other contexts too.
Speaker 1: If you want something to happen in your life in general,
Speaker 1: you're wise to start taking steps toward it, even small
Speaker 1: steps now. For instance, if you want to get healthy,
Speaker 1: don't wait until you finish law school to start. Instead,
Speaker 1: get specific on what get healthy means for you, and
Speaker 1: figure out ways you can engage in health promoting behaviors now.
Speaker 1: You'll make some progress, and the habits you establish will
Speaker 1: give you momentum from when your schedule frees up and
Speaker 1: you can amplify your efforts. And if you discover that
Speaker 1: being a first year associate is even more intense than
Speaker 1: being a law student, well it's a good thing you
Speaker 1: didn't wait until your schedule eased up to start getting healthy.
Speaker 1: If you want to improve how you look, but you
Speaker 1: also want to lose a few pounds, why consign yourself
Speaker 1: to feeling frumpy until then You can get professional advice
Speaker 1: from a stylist on how to dress the body you have. Now,
Speaker 1: you can wear those clothes until you lose weight and
Speaker 1: then revamp your wardrobe again. But even if you don't
Speaker 1: lose weight, you'll still look amazing, because that is absolutely
Speaker 1: possible at any size. Your life starts now. If you
Speaker 1: want to advance in your career, you don't have to
Speaker 1: wait until your youngest is in school to think about
Speaker 1: what that will look like for you. Instead, get clear
Speaker 1: on your career goals and identify things you can do
Speaker 1: now to work toward those goals, even if you anticipate
Speaker 1: doing more to ramp up in the future. If you
Speaker 1: want to entertain more. Don't wait until you have the
Speaker 1: big house, or you've mastered the art of French cooking,
Speaker 1: or you've bought the perfect table linens, have friends over
Speaker 1: this weekend. In any aspect of life, you can pursue
Speaker 1: your goals now. Don't wait for something to happen in
Speaker 1: the future. Start building the life you want today. Are
Speaker 1: there goals you'd like to start pursuing, I'd love to
Speaker 1: hear about it. You can reach me at Laura at
Speaker 1: Laura vandercam dot com, and for more insights from Farnoush Torabi,
Speaker 1: check out my Before Breakfast interview with her. In the meantime,
Speaker 1: this is Laura. Thanks for listening, and here's to making
Speaker 1: the most of our time. Thanks for listening to Before Breakfast.
Speaker 1: If you've got questions, ideas, or feedback, you can reach
Speaker 1: me at Laura at Laura vandercam dot com. Before Breakfast
Speaker 1: is a production of iHeartMedia. For more podcasts from iHeartMedia,
Speaker 1: please visit the iHeartRadio app, Apple Podcasts, or wherever you
Speaker 1: listen to your favorite shows.