7: Parkinsons Law and how it applies to money

22/01/2025 17 min Episodio 7

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Episode Synopsis

Welcome to another episode of the Good with Money Podcast! Today, we’re diving into a fascinating concept that might just change the way you think about time, money, and how you manage both — Parkinson’s Law.In this episode, I will guide you through the origins of Parkinson’s Law, a principle stating that "work expands to fill the time available for its completion," and show you how this law can also apply to your finances. We'll explore how our expenses tend to rise to meet our income, often leaving us with little or no savings, no matter how much we earn.In this episode, you’ll learn:What Parkinson’s Law is and how it applies to your money managementPractical steps to break the cycle of rising expenses and start managing your money intentionallyThe importance of setting clear financial goals and how they can help you stay focusedWhy knowing your financial numbers is crucial for both your business and personal financesTips on automating your savings and investments to ensure you’re building wealth over timeHow to spend consciously and mindfully without falling into the trap of impulsive spendingTo celebrate the launch of this podcast, I’m giving you free access to my personal Wealth Dashboard. This dashboard will help you get crystal clear with your finances, manage your money better, pay off debt, and grow your net worth. Get it now at zeldagreen.com/wealth-dashboard.Connect with Zelda Green:Instagram: @zeldagreenWebsite: www.zeldagreen.comIf you enjoyed this episode, please rate and subscribe to the show so you never miss an episode. Also, head over to zeldagreen.com for show notes and any links mentioned in today’s episode. I’d love to hear your thoughts, so please leave a review or share this episode with a friend who’d find it helpful.New episodes drop every Thursday, so be sure to tune in next week for more insights and inspiration. Remember, every step you take towards mastering your finances, no matter how small, is a step in the right direction.May your day be filled with abundance and purpose! See you next week on the Good with Money Podcast.

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