Claire Northfield on LinkedIn: Interview 3 Continued: Claire Northfield: That definitely all makes sense.… (2024)

To manage your money successfully - you need 3 things:Aptitude, time and interest.That's it. Aptitude - you're smart. You're great at research. You have a lot of existing knowledge and experience. That will serve you well. Time - this one is harder. But if you've got time, you can make this work. Interest - You want to do it yourself and save some money. Totally understandable. But you've gotta be interested. "Enthusiasm adds 25 points to your IQ" - Kevin MillerWhat you're missing:Aptitude - You're missing the opportunities you aren't aware of. Maybe you're okay with that. 𝑴𝒚 𝒄𝒍𝒊𝒆𝒏𝒕𝒔 𝒂𝒓𝒆𝒏'𝒕. Time - Perhaps you have time now. You won't 𝘢𝘭𝘸𝘢𝘺𝘴. Opportunity and time are highly correlated.Interest - this is the bugger. You may be interested now. You won't always be.When it starts to wear you out, are yougoing to stick with it? The point is this - you don't need most of these to be successful. You need all 3. Having a team helps with time. Having a team of professionals helps with aptitude. Having an advisor who's psyched to share his content on LinkedIn every morning helps with enthusiasm. If you don't have all 3 - you're being held back. Your freedom and future impact are all limited by the quality of choices you make today. But you're not somebody who's comfortable waiting.Let's get started. Link in comments.#Finance #Finances #Money #Investing #Wealth #PersonalFinance

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This post if going to be very, raw and very real.It's also going to be pretty personal.My boyfriend and I are in our 40's.We both work hard.We want a life together.We come from two different backgrounds when it comes to finances.My family were savers, and he had no one to teach him to save.To top things off, we have inflation.I am putting this out there because we tell candidates not to chase money, and to stay loyal to an employer who could lay them off at any point.We're living in a world where each of us has to do what's best for us.For some of us, that means finding a job that pays us the most regardless of our happiness.For some of us, that means working more than one job to make ends meet.For some of us, that means sacrificing a life to be able to grow older and retire.And, for a lot of us, it means going into debt to live a life now because tomorrow isn't promised.I don't believe that there is a "right" or a "wrong" way to spend our money.But, I do believe that we are all struggling more to live today than we have in years.If a candidate is looking to change their job because of finances, we should be the last ones to judge. If they've been out of work for a long period or they have job gaps, we should be the last ones to judge.There are so many moving parts to a person's life that all we should do is try to listen, and help where we can.Without truly knowing someone's story, we have no idea of their why.Start listening.Start understanding.Stop judging.Your candidates will thank you for it.<3,#itsarecruiterthing

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To maximize your earning potential, assess your current income sources by asking the following questions:1. Am I earning sufficient income from my current job? 2. Do I invest in any income-generating assets? 3. Am I actively enhancing my skills and education to stay competitive? 4. Is there potential for a pay raise or promotion in my current position? 5. How strong is my network for job referrals and opportunities? 6. Have I explored additional income streams such as side hustles or small businesses to expand my income?By considering these aspects, you can take proactive steps to unlocking income growth. #expandincome #incomegrowth #money #finance #financial #financialfreedom #income

There's an unspoken of addiction that a lot of people have but don't realize it and it's affecting their lives in a negative way.They are addicted to career p*rn. They spend their days chasing one hyped up fantasy after the next that promises them a life of leisure for no real work. The minute some new buzzword starts circulating around, they read a couple of articles on it and all of a sudden they are an expert and have the secrets to put you on so that you too can enjoy passive income by exploiting this fad. Then two months later, they are on to some completely different fad because they just wasted a ton of money on courses and seminars on some fly by night get rich quick scheme.As much as I'd love some sort of 'passive income' or a job where I'm working 2 hours a week and it's making me hundreds of thousands of dollars a year for little expertise or work, I simply don't find that to exist.The closest thing to 'passive income' I've seen is regularly investing in an index fund and 30 years later, you might have a nice lump sump.Other than that, the harder you work and the smarter you work, the more results you get. The less time you spend chasing the latest hot fad that will supposedly make you millions of dollars for 30 minutes of work a day, the more you can spend that time cultivating real skill in some endeavor.In the investing world, there is a concept of a buffer. What makes this business difficult to duplicate or what makes it tough for a competitor to come in and compete? If the barrier is low, then tons of competitors will come in and the margins will disappear.How this applies to your career is if you are doing things that are easy to duplicate, then even if the demand is high right now, once that demand wanes, your compensation will wane because there's tons of competitors that will flood the market for that same job, which means a lower wage.You have to develop a skillset that is valuable but also hard to duplicate.

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Last Sunday in my webinar "Having money is the root of all problems"Then my question to him was - Why are you in this workshop then? When the title clearly says "2X your Salary"His answer - I want to solve my career stagnancy problem, that's why..I don't need money...Another Q from me - What will you do after solving career problems?Ans: My daily tension will go downMy next Q: What sort of tension you're in?Ans: I cant fulfill all my family needs, so daily fights with my wifeSo here you go - to fulfill all your needs, you need good enough moneyIsn't it right ?*******************************************************************************To cut long story short: Money is a measurement of service rendered The more service you render the greater the financial reward..The bigger the problem you solve the bigger the moneyYou are obligated to earn more than you need...Because by doing so you will be able to help more people...create more job opportunities for those less talented than you...Many people misunderstand & say "money is the root of all evil"Not that - love of money is the root of all evil I can assure that it's better to have it than not to have it...In fact it's beautifully colored and goes with anything 😍 What do you think about this? Would love to hear your thoughts...#money #jobopportunities #life

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I don't believe in leaving a stable job before having another stable option.There are multiple reasons and here are a few-I started teaching in College last year and noticed that most of the students ridiculed the 9-5 system.Hearing them talk like that, I gave them a reality check and told them 3 things to consider before they choose to remain unemployed and rush into a "walk out of the rat race, immediately" mentality.1. If you have a family that needs you to contribute financially, getting a job can be a relief. 2. If you are clueless about how things actually work in practice, a job can be a great training ground for you. You will also get paid. (High or Low depends on you.) 3. If you always find yourself complaining about procrastinating, a Job will definitely teach you how to be disciplined and accountable. These 3 reasons were given to young adults who belong to the 18-21 age group.The internet makes it appear so easy to start a business nowadays, but sticking to it, facing failures, coming up from those failures, showing up again, filing Taxes, learning about different legal issues concerned with businesses, facing the market's ups and downs, showing up again, facing financial betrayals from certain parties, etc. requires resilience and patience. In reality, it, in fact, is not that easy until you have your pockets filled and have people hired to run errands for you!

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While many individuals assert that they engage in their work primarily for financial reasons, the desire to pursue something different often lingers in their thoughts. However, they feel compelled to persist in their current roles to maintain their income. This handy article outlines the top five reasons why solely pursuing monetary gain may not be the most fulfilling approach. 👁🗨#GoBeyond #Job #Money

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Reasons you are not earning the income you want:1. Lack of self-worth.You don't believe you deserve to make more money.2. You don't know how to communicate your value.You know you have a lot to offer but don't know how to articulate it.3. You don't invest in yourself.If you don't believe you are worth investing in, no one will invest in you.4. You are afraid to ask for more.You are too worried about people judging you for wanting more.Do any of these sound familiar?You might be surprised to learn they are some of the most common obstacles to income increase that I've seen.#money #professionalwomen #careers #financialfreedom

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Money. Arguably the best and worst concept in the world. I could write a book alone about all the relationships and stories my clients explore in our sessions about money - let alone my own! With the launch of Career 2.0 (https://lnkd.in/djBbJTU), my professional self-exploration program, I invite my clients to reflect on new job opportunities they’ve never considered. Many start open and excited…and then the fears come in. 90% of the time (yes, this is a made-up statistic), those fears involve money.😰 “I will have to take a pay cut if I pivot to a new industry.”😰 “That job will never pay me what I’m worth.”😰 “I need an advanced degree to make real money.”😰 “I could never make my current salary if I build my own business.”These “facts” feel so valid for my clients. I often start to believe them myself. Then I remember that these are not facts at all. They are assumptions, beliefs, and imaginary anecdotes created to keep you complacent. I will not take this time to go on a capitalism rant, but we all know I could. Still, in addition to societal pressures, our brain makes up these stories to keep us safe in the stable, predictable world we know.And that’s the crux – what if the world we know isn’t fulfilling us?Want the answer to that question? Sign up for my newsletter for more money talk, career tips, and personal reflections! https://lnkd.in/epbdp5tS #newsletter #emaillist #moneytalk #careertips #careercoach #lifecoach #personaldevelopment

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Blogged: The Psychology of MoneyDive into the psychology behind financial decisions with 'The Psychology of Money.' Unraveling the impact of behaviors on finances, this book offers invaluable insights for beginners and seasoned individuals alike.

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