Episode Title
39 - Real Estate Investing & Work-Life Balance
Episode Notes:
Inthis episode of the Life By Design podcast, hosts Jessilyn and Brian Persson discuss the intersection of real estate investing and work-life balance. They explore their personal experiences and practical strategies for achieving financial goals while maintaining a fulfilling personal life.
The conversation delves into the evolving definition of work-life balance, the impact of the gig economy, the benefits of remote work, and the importance of managing household responsibilities. They also address financial pressures in real estate investing, the guilt associated with parenting and work, and the significance of setting clear expectations and intentions in both personal and professional realms.
Chapters
00:00 Introduction to Real Estate Investing and Work-Life Balance
01:01 Redefining Work-Life Balance
04:28 The Gig Economy and Flexibility
08:07 The Impact of Remote Work
15:06 Managing Household Responsibilities
21:44 Financial Pressures in Real Estate Investing
26:28 Guilt and Unrealistic Expectations
30:51 Key Takeaways and Conclusion
Transcript
Jessilyn (00:09)
Welcome to Life By Design podcast where Jessilyn and Brian Persson from Weekend Wealth Investments. Are you struggling to align your financial goals or confidently invest in real estate?
Brian (00:18)
That's why we created this podcast to help you build your wealth through real estate. Visit weekendwealth.ca to take our quiz and discover your real estate investor profile. Let's create the life you deserve together.
Jessilyn (00:33)
Today we're going to talk about real estate investing and work-life balance. In this episode, we're going to explore our experiences with real estate investing and work-life balance because building wealth should feel attainable. So we're going to unpack our experiences and the practical strategies we use so you can grow your portfolio, protect your time, and have your investments support the life you want to live. So I'm going to roll right into this because the whole concept of work-life balance has been...
in the media and around for quite a few years and I think that typical work-life balance is not actually achievable the way it's perceived in the media. And I say that and I've had a lot of people approach me over the last couple years talking about work-life balance and it's like, well actually there's work that sometimes takes away part of your life. There's times where there are stressful moments or deliverables do
or tenants calling or things you need to fix and you have to deal with it. So you balance what you're doing in that moment. But then you know if you've worked extra time in a week or a month, you later take that time and put a little extra time into your family or your life. And you balance that in the moment as well.
So as long as you're balancing what you're doing in any kind of given moment or day, and don't hold yourself rigid to life, work, balance, because if you're sitting there going, I got a clock out at four o'clock, I can't take any more calls for the rest of the day, I need life balance, and then a tenant calls, that's not reality.
Brian (02:13)
Yeah, if you're managing your own properties, it's definitely not reality. So I guess that's one of the things what we should define is what does sort of the general culture consider to be work-life balance? Is it nine to five and then you manage to leave your job at home or your job at your workplace? You know, what does it actually mean? In my opinion, think culturally, most people look at it as I work from nine to five, my job do
