Join us today for an episode about why we often focus too short with our money...
Today's episode is focused on finding the balance between long and short term with our money...
In today’s episode about developing your influence through stewarding your treasures, I talk with you about why we often focus too much on short term things with our money. I also talk about why looking at the longer term is important to real success. I also share why you can balance things in the short term and long term in your money.
Join in on the Chat below.
Episode 910 Why We Often Focus on the Short Term
[00:00:00] Scott Maderer: [00:00:00] Thanks for joining me on episode 910 of the inspired stewardship podcast.
[00:00:07] Kim Avery: [00:00:07] I'm Kim Avery author of the prayer powered entrepreneur. And I challenge you to focus on your calling as a Christian entrepreneur. One way to be inspired to do that is to listen to this, the inspired stewardship podcast with my friend Scott Mader.
[00:00:20]Scott Maderer: [00:00:20] Yes. When you start thinking about what is. Success with my money. What is both my long-term and my short-term goals for my family, for my friends, for my priorities and for my money, then you begin to be able to balance the short-term and the long-term because you can look and you can say, what is this going to get me both in the short-term and the long-term.
[00:00:46] Welcome and thank you for joining us on the inspired stewardship podcast. If you truly desire to become the person who God wants you to be, then you must learn to use your time, your talent and your treasures for your [00:01:00] true calling in the inspired stewardship podcast, who will learn to invest in yourself, invest in others and develop your influence so that you can impact the world.
[00:01:12]And today's episode about developing your influence through stewarding your treasures. I talk with you about why we often focus too much on short term things with our money. Also talk about why looking at the longer term is important to real success. And I also share why you can balance things in the short-term and in the longterm with your.
[00:01:33] As we talk about stewarding your treasures. Wouldn't it be great. If you could support this podcast and do it without costing yourself an extra dime, it turns out you can. All you have to do is use inspired stewardship.com/amazon. When you're ready to make a purchase via Amazon and a small commission, we'll come back to support the show.
[00:01:56] If you enjoy the show, when you're ready to buy from Amazon, just use [00:02:00] inspired stewardship.com/amazon. Money is one of those things that it's always easy to be focused on the short term, on the immediate, on what we need today. What do we need to make sure that we're taking care of our needs today? What do we need to do to make sure that we've got enough money in the bank to feed our family.
[00:02:26] We've got enough money to take care of. All of the little things that come up each and every day, cause the truth is there's always something that's coming up. There's always something that, it's the next thing we have to worry about. Whether it's car repair, whether it's food, whether it's shelter, whatever it is, there's always a need for our money in the short.
[00:02:57] But, this last few weeks we've been talking [00:03:00] to Roger about retirement and I loved his analogy of the cake, how we have to layer in doing short term things, taking care of the immediate, but also paying attention to the longer term paying attention to what's coming down the road or else we get run over.
[00:03:23] By things that we don't even see coming, see the ability to look into the future. The ability to prepare for the future is one of those things that in some ways is uniquely human. It's our ability to project into the future for good, or for bad, that often makes a big difference and how we approach things.
[00:03:48] The truth is that our ability to prepare and think about the future. Is part of what sets us apart, but it's so easy to get bogged down into the [00:04:00] day-to-day in what we need to earn the money today so that we can spend it today so that we don't suffer in the day, but the future is coming no matter what the future is coming for each of us.
[00:04:15] And we've got to be prepared for that future. And looking at the longterm is part of our key. To real success and notice here, when I say success is not defined as having a lot of money. Success is not even defined as just doing okay in retirement success here is about being able to achieve the things that you really want to achieve.
[00:04:41] The things that you say are a measure of success, the things that you say are important for your future. Because only you get to determine what success really is for you. No, no one else gets to say [00:05:00] that no one else gets to measure whether or not you're successful. We often let other people do it. We let other people define success for us.
[00:05:09] But the truth is you need to be able to define success for yourself. You need to be able to determine what is your measure of success with your. Is it being able to have a lot of money to give? Is it being able to have a big house? Is it being able to just manage, to get by what is success really going to look like for you?
[00:05:31] Because the truth is when you start thinking about what is success with my money, what is my long-term and my short term goals for my family, for my friends, for my priorities and for my money, then you begin to be able to balance. The short-term and the long-term because you can look and you can say, what is this going to get me both in the short term?
[00:05:56] And the longterm is this able to help me get [00:06:00] towards my goals? Is this able to help me move towards what I've determined success really is. And if it isn't, then maybe I don't need to do it today. Maybe I should hold off on that. Maybe I should not spend that money on that new item or that new car or on something else.
[00:06:20] Instead, I need to use it to do something that is longer term something that, that moves the needle towards where I really want to. And when you begin to think that way, when you begin to balance the longterm and the short term, then all of a sudden things can begin to change a little bit. Then all of a sudden you can begin to say, Hey, maybe this isn't just about what I get today, but it's also about what I get in the future.
[00:06:52] See the truth is there's a degree to which balance in all things. Creates more [00:07:00] success. The truth is that we can't do everything, but we can often do almost anything. We just have to determine what are the right things that we should be doing with our money. That's how we managed to have a life today while still having a life in the future.
[00:07:19] That's how we manage to help others while still taking care of ourselves and our family. That's how we manage to have. A balance that really matters in all that we do. Thanks for listening.
[00:07:34]thanks so much for listening to the inspired stewardship podcast as a subscriber and listener, we challenge you to not just sit back and passively listen, but act on what you've heard and find a way to live your calling. If you like this episode on the stewardship of treasury. You can sign up for our treasures tips by going [00:08:00] to inspired stewardship.com/treasures or texts in the U S 4 4 2 2 2 treasures tips.
[00:08:12] And we'll send you five weeks of our best tips on stewarding your treasures until next time. Invest your time. Your talent and your treasures develop your influence and impact the world.
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In today's episode, I talk with you about:
Maturity is achieved when a person postpones immediate pleasures for long-term values. - Joshua L. Liebman
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