An Exclusive Interview With Money & Me Author- Sha Nacino (Part 2 )
As I promised, I will share with you in this part the things that Sha shared about her personal experience toward achieving the success that she has right now.
Since we have given an opportunity to talk to her in person, I really use this time to ask questions to her.
Let me share with you one of those questions that I ask her and her answer to these question and I will try my best to bring you in those moments 🙂 I really hope and pray that you will learn as well in this very inspiring conversation that we have 🙂
Me: (Starstruck, at di alam sasabihin in our first meeting..the only words I said as far as I remember was “Hi Sha!” 🙂 ) lol 🙂 but afterward maybe because Sha is so good in communication and she is really friendly and kind to give us generously her wisdom. She opened the conversation normally (‘Yung parang close na kayo kaagad kahit na first-time palang kayong nagmemeet? – so instead of “nakakailang” na conversation we had a very fun and inspirational one 🙂 )
So here is the question that I asked her. I really hope and pray that this conversation will really inspire you to keep going toward your passion in life.
Me: Sha, how did you do it? What are the things that You consider first before quitting your job and to really pursue on your passion (On the things that you really want doing, and serving others at the same time should you advise me to quit my job now) ? Haha.. One question that has a lot of sub-questions…:-)
Sha: That’s a good question Mafe! Like what I’ve shared in my book, I’ve been an employee for 8 yrs.
And even though I’m earning a good amount that time for myself, but because my “psychological wallet” towards money that time is very small, the result was I feel very rich because I felt my money will not run out because it will be replenished every 15/30.
That leads me to be in deep debt because I don’t know yet that time how to handle my money in a right way. (If you want to know more how to zero out your debts, I really recommend you to buy your own copy of “Money and Me book”– Sha shared there some doable tips for you to zero out your debts. If Sha did it why can’t you?
But let me focus more on what Sha shared us during that conversation. Sha told us, “not to quit our job yet!” Before quitting our job, we must consider these things:
Let’s face it. Money is a real issue. You may not like your job but at least it’s your bread and butter. You may not be passionate about your job but at least it pays the bills.
It was as early as 2005 when I realized that being an employee was not for me. However, it was only in August 2013 when I finally quit my job so I could pursue my passions full time. During those eight years, I did one thing. It’s called PREPARATION.
I defined my dream life and the kind of life I wanted to live. I planned how to achieve that kind of life. I did small steps every single day to make that dream a reality.
Finally, when I knew in my heart and mind that I was ready to quit my job, I took the plunge.
It’s been 7 months now since I quit my job so I can pursue my passions full time. It’s one of the best decisions I’ve made.
I thank God every day for the opportunity He gave me to do what I love to do every single day.
There’s no problem with being an employee if we love what we do. Work is good. In fact, work is a means through which we become better persons, feed our families, and serve society, as St.Josemaria Escriva put it.
The problem comes when we stay in a job mainly because of the salary even if our job is not in line with our passion and purpose in life. Another problem is when we have to abandon our dreams just because we can’t leave our bread and butter.
If you want to have the freedom to spend most of your time to do the things you truly love to do and with the people you love the most, you need to take care of your finances.
If you want to eliminate your financial worries so you could focus your energies on the more important aspects of life, you need to manage your finances well.
If you want to give better and more comfortable lives for your family, you need to learn how to keep and grow your money.
Here are the “5 STEPS THAT YOU NEED TO CONSIDER BEFORE QUITTING YOUR JOB TOWARDS PURSUING YOUR REAL PASSION”
1. YOU MUST HAVE AN END IN MIND (Define what you really want)- you must know in the first place what kind of lifestyle you want to have?
Would it be working for the rest of your life for something that you don’t love or to step by step pursuing your passion and afterward you will have much more time to spend with your loved ones, and much more time as well to do the things that you really want to do?
(Tip: It must be clear, because this is the thing that will motivate you to always move forward, even though challenges, problems, persecutions, etc. Will come, and to tell you honestly. It will really come! But because you have a clear goal in mind, you will persevere because at the end of the day that you know that you will overcome 🙂 )
2. YOU MUST HAVE TO MAKE SURE THAT YOU ARE FINANCIALLY PREPARED – Make sure that You have at least 3-6 mons.
Emergency fund (for example you are earning 20k per month, and it is only enough for you to pay your monthly expenses like water and electricity bills, rentals, foods, transportation, etc. or in other words, this is the amount that you need for you to earn a living. You must have at least 60k-120k in a bank before quitting your job.)
The purpose of this is for you to really “Focus” on pursuing your passion and not on just on paying your expenses.
(My friendly advice to you is to live below your means, and instead of buying things that you don’t really need, save it.) Because you can use it to the next step 🙂
3. INVEST– Don’t just Save, Invest! (Saving- is simple as keeping money in a bank. For example, you have Php 100,000 after 10yrs. It may be Php 100,000 as well or lower in terms of value because of inflation.
For you to easily understand, for example, 10 yrs ago when you have Php 1,000 you can buy at least 5 bags full of groceries in the supermarket but now you can only buy 2 bags. Before movie tickets would cost Php 100, today it doubled up to Php 200. This is what Inflation does.
So for you to win against inflation, you must consider Investing. Wherein you are putting your money in a much more higher rate of return. Because in investing we make our money grow. (For you to learn more about investments just click on related articles.
4. KNOW WHAT IS THE THING THAT YOU WILL DO IF YOU QUIT ALREADY YOUR JOB – Of course, if you will quit your job and you are in the “searching mode pa” you will just waste your time and money and time will come, if you run out of money again, probably you will get there (JOB) again.
5. DISCOVER AND HONE YOUR PASSION– this will help you to grow your confidence and competence at the same time.
3 helpful tips for you to know what is your passion:
– Know the things you love to do
– In the list above, know the top one that you are good, (Hone it in terms of reading, knowing and learning from mentors in that field, and practicing what you are learning)
-Focus on it! Be the best at it!
6. MONETIZE IN YOUR PASSION– this step is just a result of what you did in the first 5 steps. If you are really doing what you love to do, and you are good at it, Money will follow! (It is proven and tested :-))
If you don’t yet read the first part of this interview, kindly Click this link, this will be a big help!
May God give you all the desires of your hearts 🙂
Praying for your Success & Happiness,
Founder of Christian Infopreneurs Academy