Everyday Talent Podcast
An award winning podcast for creatives sick of aimless hustles and seeking new ways grow their career, practice, and business on their own terms. We connect with creatives who are rewriting the definition of success. If you’re wondering how to make a breakthrough in your creative career, you’ve come to the right place.
Everyday Talent Podcast
How to set a budget so that you can achieve any medium term goal (Ep 49)
If you’ve been listening to the last few episodes, you've heard snippets of my digital nomad lifestyle—what you haven't heard is the nitty-gritty of how my bank account makes this possible. It's time to talk about money again. As I reflect on my financial strategies that set me up for success in trying out the digital nomad life, I realize these strategies can apply generally to any medium goal setting and implementation. Whether you’re thinking about how to raise the necessary funds to achieve a creative project, or you’re well on your way to save for a personal goal, this episode is worth adding to your toolbox.
Key Takeaways:
- 00:00 Intro
- 08:59 Medium Term Goal Approach in Budgeting
- 11:44 How to set up a Medium Term Goal
- 14:15 Stretch Goal vs. Safe Goal
- 26:14 Mindset Shift: Make money or Raise money?
- 40:28 2 Powerful Budget questions
- 42:12 Outro
This episode is also available on Youtube. Watch it here:
About Betty
Betty Xie is a creative and a career coach for creative. Her 1:1 coaching program has helped photographers, filmmakers, visual artists, arts leaders, and arts consultants to design and implement intentional growth in their practice so that they can make their art and make happier money. Check out her 1:1 coaching programs here: www.xiebetty.com/coaching
*FREE Resource* Discover your creative career archetype today: https://www.xiebetty.com/quiz
The Everyday Talent Podcast is produced by Betty Xie and Benice Detoon.