(💸25/40) The One Financial Metric You're Not Tracking That's More Important Than Your Bank Balance

(💸25/40) The One Financial Metric You're Not Tracking That's More Important Than Your Bank Balance

Author: Bob Lotich, Linda Lotich September 21, 2024 Duration: 31:45
SeedTime with Bob and Linda Lotich
ReligionReligion & SpiritualityBusinessChristianityInvestingSpirituality

Picture this: You're at the end of your life, reflecting on your financial journey. What's the metric that truly matters? Is it the size of your bank account—or the lives you've touched through your generosity?

In today's episode, we're tackling a question that could reframe your entire perspective on money: What is your Net Given, and why is it the most important number you're probably not tracking?

We explore the transformative power of tracking your Net Given—every act of generosity, big or small. It's not just about tithes or charitable donations; it's about every coffee you buy for a friend, every birthday gift, every meal you share. By shifting our focus from accumulating wealth to amplifying generosity, we discovered a path to a richer life and a lasting legacy.

 

🔎 In This Episode, You'll Learn:

  1. How redefining financial success can transform your life.

  2. The story behind our ambitious goal to give away a million dollars.

  3. Practical steps to start tracking your Net Given today.

  4. Why small acts of generosity add up to make a big impact.

  5. How focusing on giving can lead to true financial freedom.

 

If you've ever felt that accumulating more isn't fulfilling, this episode is your invitation to flip the script.

 

📚 Resources Mentioned:

  1. Download our free Net Given Tracker Spreadsheet: http://seedtime.com/ng

  2. Our Book – Simple Money, Rich Life (Chapter 24 dives deeper into this concept): http://seedtime.com/smrl

  3. SeedTime Money 40-week checklist (mentioned as part of our ongoing series): https://seedtime.com/give1m

 

🎯 Action Steps:

  1. Download the Net Given Tracker and start logging every act of generosity: http://seedtime.com/ng

  2. Reflect on your financial goals—are they aligned with the legacy you want to leave?

  3. Share this episode with someone who needs a new perspective on money.

 

Remember: It's not about how much you can get; it's about how much you can give. Let's redefine financial success together.

 

BONUS: Ever dreamt of hanging out with us for 6 weeks in your small group or church? Head to https://seedtime.com/true for details or shoot us a DM on Instagram (http://instagram.com/seedtime).

 

Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/a9BrXZiOh00)!

 

If you haven't checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you'll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as "a money book for people who don't read money books." 

You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.


What does it look like to manage money well when your faith is the foundation of your life? That’s the central question explored in SeedTime with Bob and Linda Lotich. This isn't just another financial advice show; it's a conversation about integrating biblical principles with the practical realities of budgeting, investing, and building a secure future. Bob and Linda approach finances from a unique perspective, one that challenges conventional wisdom by framing stewardship as a spiritual practice. Their discussions move beyond spreadsheets to consider how financial health directly impacts your marriage, your sense of purpose, and your ability to live generously. Each episode aims to provide actionable steps to simplify your finances, eliminate debt, and cultivate a sense of peace and control over the resources you've been given. The goal is to shift your focus from anxiety about money towards freedom, allowing you to invest your time and energy into what truly matters. If you've ever felt that typical money advice misses the heart of the matter, this podcast offers a different path-one where faith and finances are seamlessly connected. Tune in for honest conversations that blend personal experience with practical strategy, all centered on building a life of purpose and provision.
Author: Language: English Episodes: 100

Official website RSS
instagramyoutube
SeedTime with Bob and Linda Lotich
Podcast Episodes
7 pieces of financial advice that have changed my life [not-audio_url] [/not-audio_url]

Duration: 27:10
Money advice is everywhere. But not all of it sticks. In this episode, Linda and I unpack seven pieces of financial wisdom a friend of mine shared that literally changed his life. Some came from mentors, some from experi…
ChatGPT says these 10 money wasters are keeping you broke [not-audio_url] [/not-audio_url]

Duration: 29:41
This episode was eye-opening. I asked ChatGPT what keeps everyday Americans broke—and some of the answers hit way too close to home. Linda and I went through the list together and realized that many of us are quietly was…
When God tells you to SPEND more [not-audio_url] [/not-audio_url]

Duration: 33:11
What if being "too good" at saving and stewarding money is actually holding you back from obedience to God? In this episode, we share the story of friends who, in their leanest financial season, felt God ask them to spen…
Why I am starting to buy more gold (the 1 chart that changed my mind) [not-audio_url] [/not-audio_url]

Duration: 17:49
What if I told you the same ounce of gold that could buy 400 loaves of bread today… could've done the same 2,000 years ago? In this episode, we break down the ONE chart that completely shifted how I think about saving, i…

«12345678...10»