If I could give one piece of advice to a younger INFP and only one piece of
advice it would be this: Learn fiscal responsibility at as young and age as
you possibly can because when you follow your dreams it will be utterly vital to
have financial discipline because the things infps love to do
don't pay well - I'd personally argue with that that's another conversation at the
end of this video - but that doesn't mean you can't do them it just means you have
to be smarter with money than office drones so it was a reader piece of
advice sent in to my book I Nephi inspired by the way you're curious and I
wanted to expand on that because fiscal responsibility or being good with money
or just not going totally broke as an INFP is really important and the thing
is is that quote hit something on the head which is that the things I entities
love to do traditionally do not pay exceptionally well they are the creative
fields writing drawing any kind of artistic type endeavor often or they
might be something more entrepreneurial which can pay really well but you have
like a really long runway maybe of a year two years five years before you're
you know raking in the money so having the fiscal discipline and the runway is
really important I wanted to share a few tips for infps on money that are not
those cookie cutter things taken from cliche financial advising books written
for STJ types who have insane robot discipline the first thing is to be as
minimalistic as possible I found this to be really easy for myself I'm actually
an ENFP so we have some differences I'll touch on but quite a lot of similarities
and being a minimalist can really help with money because you just don't buy
things as much and your money doesn't necessarily have anywhere to go
once you start to see new things as a bit wasteful so for example if you have
an iPhone 7 and the iPhone 9 comes out looking at it like do you really need
that what's it gonna do differently what's going to be better for you than
the old is it really worth that financial
commitment of 800 or $1000 or whatever it is to get that new phone same with
things like clothing my feet hurt sometimes because my shoes
are probably too old because I look at these dress shoes like they still look
good I don't really want to spend money like I could spend that money but that
money could also go to savings or a trip or something like that I can't I can't
claim to be like a minimalist especially in the you know sense of living out of a
backpack and having no possessions I have a four-room apartment here and too
many cameras and different things but definitely when I spend money it's kind
of painful like I evaluate every possible other option you know before I
go and buy something new that's not probably necessary and so I would
encourage may be getting into some minimalistic blogs podcast things like
that checking out some people who know it better than me but overall the
attitude is just do I really need to buy this and one of the best ways to
jumpstart this attitude and it's really what did it for me I can't claim I like
got into the subculture got a weird about it
is I just packed up everything I had sold or donated almost everything and
moved to Costa Rica six years ago and when you put four tailored suits into
the donation bin you're like uh-huh I'm not gonna spend that much money on suits
again because they're in a donation bin so have basically starting over getting
rid of almost everything you have is a great way to kick-start the minimalistic
thing so trip around the world is something like that definitely helps the
second bit of advice I would give is actually not so much on the financial
discipline side but how to earn more money and this is something that the the
reader advice they shared which i think is great advice but it really implied
that doing something you love especially as an INFP there's not any way to make
good money and I personally think that's total BS visual services so like being a
graphic designer or some kind of artist and writing if you do it correctly can
be insanely well-paid when I was working as a freelance writer I was
living in Italy Costa Rica Barcelona Spain
my clients were back usually in Canada or the US and I was earning somewhere
between 100 and 150 dollars an hour that's pretty awesome for writing in
some cafe in Europe right and I guess I was good at what I did and that's
something that you should do if there's something you pursue right you should
get good at it so yes I was good at what I did but it's all about finding the
value and and where a lot of artistic people go wrong is if you are working
for clients if you're trying to earn money from someone else is not looking
for the value like how can my work most benefit my client because that's
ultimately when you get paid the most and I won't go into all the detail that
here I'll link to some other videos where I cover this in more detail but
ultimately if you can find a way to do work you love with people that you at
least like if not love and do it in a way that aligns so they're receiving a
ton of value so basically you have your client you have their customer or their
client and you have the money flowing this way if you can put yourself in the
middle where you can help accelerate that through your skill that is where
you can be paid extremely well to do creative work and so again I'll link to
some other videos on that the third thing that I would share which is kind
of a nuanced or I should say not a nuanced Anish way of living but
something that's becoming more and more popular is really look at designing your
life in a way that leverages your income I mentioned that I was working with
clients in Canada and the US while living in Spain and Italy and Costa Rica
and generally that that meant I was spending the last day to day my cost of
living was lower than that in where my clients lived and that is a great way to
live if you can go live in somewhere I know some people do this like they move
to Thailand or Bali where it's quite cheap I personally prefer Europe but if
you can live somewhere that is a lot cheaper than where
your clients are or maybe you are right now a corporate drone or an office drone
as the the reader said and you want to pursue your own business and go off in
right let's call it a business but go off and write like a novel and write a
series of books three novels you want to do that and then build your life and
your income around that writing well why not move somewhere that's going to be a
lot cheaper to do that move to may be like former former communist countries
in Eastern Europe Southeast Asia parts of South America are still reasonably
priced and live there for the year or two and maybe your savings which in the
US or the UK might last you three months or six months can last you two years two
years is a lot more time to work on that dream of yours and actually get it done
so but leveraging yourself through geography is really huge and I'd be
lying if I said it didn't lend itself to part of my my own success where I was
able to write books and build my coaching practice in locations where I
wasn't living for like three dollars a day but my cost of living was maybe 60
70 percent what it would have been back home and and that gave me a lot more
runway to actually get things done and get things off the ground and all that
so thanks for sticking with me to the end here if those last two items tickled
your funny bone a little bit then I'd encourage you to check out this training
I have called the life design approach I'll send a link to it totally free
email based training lots of funny stories about my travels and ultimately
designing the life you want and I cover a lot about this concept of value as
well as living abroad and leveraging finances in that way so check that out
if you haven't already subscribed to the channel I publish new videos each and
every week so click that subscribe button and the little bell beside it to
get notified and aside from that catch in the next video soon have a great day
you