Ep140 Investment vs Expense Managing your money mindset











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โœ… FREE CAREER GUIDES + Newsletter โฎ• http://www.meiphing.com • โœ… Join Corporate Survivor™ โฎ• https://www.thecorporatesurvivor.co • ๐Ÿ“Œ Mei Phing Lim is a Professional Career Coach and former Corporate Leader in the banking, FinTech and consulting industries. She led multimillion-dollar projects with teams from over 43 countries as the Senior Director at Standard Chartered, while only in her 20s. Mei Phing had worked closely with business CEOs and C-suite level management. Nowadays, Mei Phing teaches 9-5 professionals how to grow their careers with clarity, confidence and opportunities in her career program, Corporate Survivor™. • ๐Ÿ“Œ Corporate Survivor™ is a 12-month career program where you will master everything on how to add value at work, level-up your career grow your salary. Get recognised for your hard work sell your value for new opportunities using Mei Phing's 3-Step Framework [Get Clear, Get Confident, Get Visible]. Monthly mentorship calls with Mei Phing where you'll get practical feedback and become more confident as you climb the career ladder. • ๐Ÿ“Œ Corporate Survivor the podcast is the best place to start learning from Mei Phing's corporate world insights, experiences and wisdom so you can grow your 9-5 career with clarity, confidence and opportunities. Mini episodes where you'll get a bit of a taster of what you can expect when working with Mei Phing inside the Corporate Survivor™. • โœ… FREE CAREER GUIDES โฎ• http://www.meiphing.com • โœ… Subscribe Weekly Newsletter โฎ• http://www.meiphing.com • โœ… Join Corporate Survivor™ โฎ• https://www.thecorporatesurvivor.co • โšก • ๐Ÿ“Œ ABOUT THIS EPISODE: • In this episode, Mei Phing discusses the importance of developing a healthy money mindset and understanding the differences between investing, expenses, and splurging. It emphasizes the need to save a portion of income and make proactive financial decisions. • Highlights • 0:00 ๐ŸŒ๐Ÿ’ฐ The video introduces the topic of money and its relevance amidst the upcoming recession and price inflation. • 1:12 ๐Ÿ’ผ๐Ÿ’ธ Mei Phing highlights her qualifications as a professional career coach and chartered certified accountant, emphasizing her expertise in managing finances. • 3:27 ๐Ÿ’ก๐Ÿ”„ Mei Phing explains the importance of saving and taking proactive control of personal finances, rather than being reactive. She encourages setting a reasonable savings goal and actively working towards it. • 9:05 ๐Ÿ’ฐ๐Ÿ’ผ Mei Phing discusses the concept of investment, highlighting that it can include both financial returns and intangible benefits that solve problems or make life more convenient. • 16:15 ๐Ÿ’ธ๐Ÿ’ผ Mei Phing explains the difference between expenses and splurging. She emphasizes the need to distinguish between needs and wants, prioritizing expenses that provide long-term benefits and solve problems. • 23:24 ๐Ÿ’ธ๐Ÿ’ก Mei Phing encourages viewers to prioritize their values and make conscious spending choices. She emphasizes the importance of understanding personal goals and making financial decisions aligned with them. • 26:35 ๐Ÿ’ผ๐Ÿ’ฐ Reiterating the importance of developing a healthy money mindset.

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