Know Your Money with Bronwyn Waner and Craig Finch
Know Your Money with Bronwyn Waner and Craig Finch
78. Career Satisfaction for a Balanced Lifestyle - Wheel of Life 2
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Ever wondered how your career satisfaction impacts every other facet of your life? This episode of Know Your Money is packed with insights as Warren Craig and Bronwyn dissect the Wheel of Life’s career slice. Warren shares his personal story of rejuvenating his professional path even after decades in the same field, proving that it's never too late to find joy in your work. You'll hear a compelling analogy involving pebbles as decades that will make you rethink how you spend your time, and a transformative tale of a dentist who found happiness by switching to farming.
We also tackle practical tips on assessing and improving your career satisfaction. From the profound impact of significant life events like the birth of a child to actionable advice on making meaningful career choices, this episode is a trove of inspiration and guidance. Whether you're just starting out or contemplating a mid-life career change, let Know your Money guide you toward a professional journey that aligns with your passions and personal happiness. Tune in and take the first step towards a fulfilling career and a balanced life.
Please subscribe to our podcast or have a look at our website
www.growthfp.co.za
Welcome to Know your Money, where we will explore our relationship with money and how the psychology of it impacts our financial decisions, as everyone thinks about money differently. In our podcast, we'll be presenting a variety of financial topics in an easy to understand way, which we hope will assist you with managing your money. Hello everybody, welcome to Know your Money. Warren Craig, how are you today?
Speaker 2:I'm very well, Bronwyn. How are you?
Speaker 1:Good, thank you.
Speaker 2:And.
Speaker 3:Craig yes, very well, how are you? I'm very well. Thanks, Warren, you look good. You all look good today. Yes, very well, how are you? I'm very well. Thanks, warren, you look good. You all look good today. Yeah, we're trying. Carrying on on that topic, we started about the wheel, the 10 slices of the pizza pie yes, and it's like where is your slice and where is your number?
Speaker 1:Yeah, so if you're not sure what we're talking about, if you go to last week's episode, we started the Wheel of Life and we were talking about Money, money money. Money, money exactly, and that some areas of your life you may not feel you are where you want to be, and we just wanted to maybe give some tips on how you could change that. So the second slice today is career and work.
Speaker 2:Okay, yeah.
Speaker 3:Where would you guys say you are at with that? I suppose that follows with money, right? So it's quite a good one.
Speaker 2:Craig, where are you at your career right now.
Speaker 3:I don't want to be rude and say towards the end but no, so you can revitalise your career as well, even though I've done this financial planning for 38 years. You can have another lease on life. You can have another look at life and you can meet a young business partner called Bronwyn and she brings new concepts and, yeah, you can have another lease on life. But I think your career is very important because you spend a heck of a lot of time every day doing your career and if you're not happy with your career, that's going to go into every other part of your life, you know actually butting in for a second.
Speaker 2:I saw this video the other day of a guy. He basically just drew a timeline and he wrote 10, 20, 30, 40, 50, 60, right up to 80. And then what he did was from 20 to 60, he went with a big block around it said you spend most of your life doing this and this is your job, so make it count.
Speaker 3:Make sure it's something you enjoy. And on that topic, I saw Kingsley Holgate. He's an explorer and he's often driving up Africa and he helps people with mosquito nets and that, and he's always at a fireside with his Land Rover and he's a very spiritual kind of guy and he's talking to a friend of his who was a dentist. So this dentist, who was at school with him, said I actually hate being a dentist. I wish I was a farmer. So Kingsley Holgate took eight stones, pebbles, and he put them on the ground. He said each pebble represents a decade. And how old are you? So he said, well, I'm 40. So he said, well, I'm 40. So he said, well, take four of those away. There's four pebbles left. So you've got 40 summers to make a difference, but let's assume the last 10, you're not healthy or you can't do it anymore. You've got 30 summers to do what you really want to do. I mean this really resonated with this guy so much that he sold his dental practice and he went into farming. That's fun. I like that.
Speaker 3:It's very true what you said as well, Warren.
Speaker 1:I absolutely do think it's true and I think you have to Take stock. If you are happy and if you're not, how would you recommend someone make a change? Or what should they be questioning or looking at?
Speaker 2:So for me it's not about being happy, but I'm making a change at the moment, and it's because I've had my boy has been born and I'm now looking much more serious at financial security for my family and for his future. I want him to have a bit of a head start, you know, deposit for a house, stuff like that and so I'm having to make decisions that are changing my career ever so slightly but are good for me and I feel growth in doing it.
Speaker 3:I also think we speak about money, and we've. Obviously it's important, as some people say, as important as oxygen, but actually being happy is more important and being happy in your job is even more important. So if you're happy with what you do, the money will come. You mustn't do a job well paid that you absolutely hate or it's out of your depth. Then you won't be happy there and you'll make mistakes and you'll hate it. Rather, do something that you really enjoy. If you really enjoy it, time will just fleet away. You won't even know you're doing it. If you're doing something you enjoy, time is not a factor. If you do something you hate, things drag on Absolutely.
Speaker 1:There's a beautiful book I don't know who it's by I'll try Google it now while we're sitting but it's called ikigai and it's a Japanese term to try find your purpose, and it's there's four parts to it. I can't remember all of them, but it's like what do you love, what are you good at, what can change people, and something like that. And all the way in the middle is like finding your passion and personally I've experienced like I feel like you follow a path and you you turn into something like, let's say, for example, warren, it's, it's sound, and now, all of a sudden, you're into like podcasts, like you realizing what you truly actually like, and if you focus on those things, everything does get better. So I also saw papery, which is like a. They do diaries and stuff like that. Yes, they have an icky guy pack that you can buy.
Speaker 3:Okay.
Speaker 1:And it comes with like a journal, asking all these questions like what do you like, where are you at? And then it gives you all of those concepts and I think for someone that could be stuck in their career or in a lower space sitting down and trying to figure that out and actually just see where you want to go, focusing on that, will bring in the money, will bring in the satisfaction and all of those things.
Speaker 2:So my business partner, he was telling me a story of when he worked at a big corporate agency, marketing agency and there was a young lady there who had done well in the agency and had realized I'm guessing around 30, she'd realized that she didn't really want to do what she was doing anymore, but she still wanted to be part of it, of marketing, and what she had a passion for was copywriting. And, long story short, she took a massive pay cut, went down to the bottom of the copywriting in the company's departments and worked her way back up and is doing phenomenally well because she realized that her career, albeit in the right industry, wasn't really what she wanted to do in that industry and I thought that was quite inspiring.
Speaker 1:Absolutely inspiring and I think, as financial planners, it's important that we bring that up with our clients to try and see where they are at and just to try help. And, like you said, when something comes along, what you were passionate about changes. When you have a baby, if you buy a new house, if you get married, these things kind of change where you're at and it's good to….
Speaker 2:Yeah, sometimes people just change, you know, Bronwyn.
Speaker 3:How often do you hear or your friend or kids you know studied something at Vast. He got a degree in it, did well in it and doing something completely different.
Speaker 2:I've got one of my family friends. He is doing phenomenally well setting up his own business and he's a web developer and a coder. He studied finance at university, so he did a BCom and he was working for an investment company here in South Africa and hated it yeah exactly, and just said to himself I'm going to go traveling, I'm going to go find myself. And he did that for a couple of years and he came back a professional coder.
Speaker 2:Yeah brilliant All learning through YouTube. And I mean there's another example of he's so much happier now. Yeah, and yes, it may be delayed financially any moves he could make for a couple of years, but boy, oh boy, is he glad he did it. Yeah.
Speaker 3:Do what makes you happy, absolutely.
Speaker 1:Absolutely, and I'll put a link in our bio of that icky guy and that papery thing, sorry.
Speaker 2:Every time you say icky guy, I think of someone who smells, I know.
Speaker 3:It's such a weird name. Japanese Lovely people Hope that helps.
Speaker 1:Thanks everybody.
Speaker 3:Have a good day. Thanks, guys, good to see you. Cheers, bye. Thank you for listening. If you have enjoyed this podcast and would like to subscribe, please visit our website, wwwgrowthfpcoza. The information we have provided in this podcast is our personal opinion. For more detailed information, please discuss your financial situation with a financial planner.