Life Transitions: Ready or Not! Transitions are a part of life. Would you know how to handle them effectively so that they propel you forward toward your ambitious goals? If you feel stuck or at a crossroads and unsure which direction to take, you definitely don’t want to miss this episode. Miranda is facing some major decisions. Hear what she’s doing to tackle her life transitions and keep her moving toward her ambitious goals.
Miranda is a freelance financial writer and nationally recognized money expert. She has a journalism background and an MBA and focuses on writing and podcasting about money on the internet. She loves being able to design a flexible lifestyle that allows her to travel, spend time outdoors, and have board game nights with her grown son.
TIMESTAMPS
00:30 Episode Intro.
04:00 Money background
11:15 Experiences from childhood
13:30 Why not paying off student loans doesn’t bother Miranda
15:00 The bright side of mediocre debt
24:00 Finding ways to earn money
26:20 Understanding financial freedom
27:30 Miranda’s Ambitious Goal
32:30 How to ramp up efforts and take things to the next level
37:00 Working through a life transition
49:30 What Miranda needs to do to feel secure while pursuing her goals
52:00 Advice for other ambitious women
54:40 Where to find Miranda
KEY INSIGHTS FROM MIRANDA
It’s a preference to make more money in the stock market than pay off a low-interest debt faster.
Life is not about living a lavish lifestyle, it’s about living a lifestyle that you enjoy.
When you have resources, you can give yourself the time to pursue your goals.
Getting involved in your community and even making small changes can have a tremendous impact on the lives of others.
When your life is in transition, it’s important to take a step back, reflect, and evaluate where you can have the greatest impact, and then that becomes the goal.
You can learn to leverage your skills in ways that can bring you passive income.
We’ve lost the art of taking a step back and just sitting quietly with our thoughts and really thinking, “Okay, why am I doing this? And is this really working for me?”
MIRANDA’S NEXT ACTION STEPS
Replace half her income from active with recurring (passive) revenue sources.
Finding ways to move from active income to passive income through digital products, mini-courses, books, and YouTube videos.
Planning to monetize short podcast videos.
Getting paid to write Vellas for Kindle.
Put together a marketing plan.
Begin promoting the products that she has already created.
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