The Great Money Reset: Change Your Work, Change Your Wealth, Change Your Life

The Great Money Reset: Change Your Work, Change Your Wealth, Change Your Life

by Jill Schlesinger
3.50 (611)  •  2023

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6:02
Author does sit-down interview with CBS Mornings crew
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Jan, 2023
Spoiler: Although she has made a career out of answering financial questions, Jill Schlesinger noticed that the nature of the questions took a dramatic turn during the pandemic. Many people realized that they wanted to change the way they were living, but needed a guideline to help them take the necessary steps. Turning your hobby into a side hustle can help you take a small, incremental step without throwing away your life. If you’re tempted to get another degree, there may be a cheaper way to educate yourself.
4:39
Author chats with CBS about how to plan and do a life reset
3K    40
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Spoiler: The author advises that in times of transition, there is one thing that can ease stress better than “a therapist or a drink”: cash. While you should normally have six to twelve months’ of expenses in reserve, you need even more of a cushion when making a big life transition. Going through Jill’s five suggested steps for planning a life change will either result in a smoother transition or in simply feeling more satisfaction with where you are in life.
38:51
Author appears on Journey to Launch podcast via video call
325    23
Feb, 2023
Spoiler: The author suggests doing a five-part exercise before deciding to “reset” your life, adding that some “resets” are nothing more than doing the exercise and realizing that you’re actually happy with the way your life is. The five steps are: add up your resources, add up your debt, consider how you feel about your housing, add up your expenses, and list the obligations you have to others. “Obligations to others” could be a promise to help your siblings with the cost of elderly parents, for example.

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