#176 Quick Fix vs Long-Term Strategy

Are you stuck in a rut, feeling overwhelmed about getting your finances in order for retirement or other life goals? Join us in this insightful episode as we delve into the mindsets of quick fixes versus long-term financial strategies. Discover the pros and cons of each approach and how they impact your financial journey and overall life. Tune in to learn why recognizing the need for a quick fix is just the beginning, and how embracing a long-term strategy can lead to lasting financial freedom and personal growth. Hosting Today: Hey, I’m Ashley Patrick, a personal finance expert and founder of Budgets Made Easy. I help busy moms create systems to save money and pay off debt so they can reach their big dreams faster and easier. I was able to pay off $45,000 in just 17 months including $25,000 in student loans in just 10 months. I’m a Master Financial Coach and have a bachelor's degree in psychology and will help you get to the root of your money problems. Since my journey started I have been featured on Fox Business, Yahoo! Finance, Food Network, USA TODAY, MSN, CNBC, NerdWallet, and many others. “But I want you to start thinking about things with that long-term strategy in mind instead of the day to day, what do I need to do today to get me through to tomorrow? And when you can have that shift, and I realize that takes time and to a certain extent takes a little bit of privilege, but even just mentally preparing yourself like anybody can do that, right? It is going to set you up for that long-term strategy so that you can see the opportunities when they present themselves. So when things come up, you are making a decision based on the long-term instead of the quick fix that is not gonna really help your situation overall, but it feels like it is.” - Ashley Patrick Timestamps: 00:54 - How to join the Money Roadmap to Freedom 01:53 - Introduction to the episode 02:21 - The Temptation of Quick Fixes 03:59 - Examples of Quick Fixes 04:51 - Understanding the significance of Long-Term Strategy 05:16 - Examples of Long-Term Strategy 06:17 - The Power of Long-Term Strategy 10:39 - The importance of having a support system 11:38 - Setting Boundaries around your money 14:01 - Changing jobs for a Long-Term Strategy 16:19 - Final words of wisdom If you want to join us for the Money Roadmap to Freedom 5 part DRIVE Framework training series save your seat at www.budgetsmadeeasy.com/training I can't wait to see you there! And if you enjoyed the podcast today and got some great takeaways, I’d really appreciate it if you followed the Money Mindset Podcast so you don’t miss out on future episodes. Resources and Links Mentioned: * Money Roadmap to Freedom Bootcamp: www.budgetsmadeeasy.com/training Connect with Ashley: * Instagram: www.instagram.com/budgetsmadeeasy