Episode #117 Make Less Money
What would it look like if every time we were offered a job, we posed the question, “Are you willing to pay me less?” This week, Dr. Michael Brown and Dr. Justin Brown consider the surprising benefits of a lower income.
I don’t feel like I want that much money, and I definitely don’t need that much money. But something that I do want is more margin. I want more time.Dr. Justin Brown
- So many people are struggling to get by as a result of income inequality.
- Money may make us more comfortable and secure, but infinitely more wealth does not inevitably lead to the same measure of happiness.
- We often invest so much of our energy into the professional and financial dimensions of life at the expense of the other ten dimensions.
- Pursuing our passions often requires us to make less money, as our critics are so quick to point out.
- We often accept a new job or promotion as the natural next step without first considering whether it will help us to achieve our most important goals.
- We are not a slave to our schedule, but sometimes we sign contracts that bind us to a schedule we subsequently cannot control.
- The choice to make more money comes at great cost, and the decision to accumulate one thing always requires us to give up something else.
- For those of us who are financially secure, we have the power to work fewer hours by choosing to make less money.
- There is nothing more valuable than our time.
- There are other (and more important) ways to provide for our families than through finances alone.
- Regardless of our income, we can always make choices that will make us healthier.
- Even if our profession or specific role in our workplace is incredibly important, we can still create boundaries that prioritize a healthy work-life balance.
- Advocate for tax reform, higher wages, and other policies that aim to address the unequal and unjust distribution of wealth.
- When negotiating your next contract, prioritize margin over money.
- Be very cautious that a season of increased work hours doesn’t inadvertently become multiple seasons of increased work hours.
- Choose to pursue a degree or career that you are passionate about, without regard to income potential.
- Ask yourself, “Would I rather have a vacation home for my kids when they are grown up, or would I rather be home as they are growing up?”
- Re-evaluate regularly, “Is this a season where I can scale up my hours and paycheck, or is this a season where I can afford to scale back my hours and paycheck?”
- If you find yourself repeatedly saying, “I don’t have enough time,” make an intentional decision to create more time.
In This Episode
Live With Less
What does it look like to live against the grain in a world that is focused on collecting more, more, and more? This week, Dr. Michael Brown and recovering people-pleaser Amy Seiffert discuss how reducing the clutter in our lives and hearts allows us to make room for whatever is most important.
Value Your Time
There is nothing more valuable than our time. This week, Dr. Michael Brown and Gabe Dunbar reflect on the brevity of life and the magnitude of each and every moment.
Date Your Spouse
Why do we so often allow the temporary to dictate our relationship with the permanent? This week, newlywed Russell Catania and thirty-years-wed Dr. Michael Brown offer their tips for developing and maintaining intimacy.