Ep 345 - Money vs Time & Regrets

Hey, everybody. Flip and Danny here, founders of the Freedom Real Estate Group, family of companies, and welcome to another episode of our.

Podcast, which is called Freedom through Passive Income.

That's right. And welcome to another episode, and this episode is called Money Versus Time and Regrets.

Yeah. So I thought that this was a great podcast episode, considering the time of life that you and I are in, the fact that you're sitting there in Florida and I'm sitting here in Arizona in a condo so that I could be with my mom and help her recover from the episode she had on Thanksgiving. We talk about money a lot, right? That's like a big passion of ours is having a high quality of life, being able to take care of your family, being able to provide for your team and the people that are helping you build and helping you serve your clients and customers and. And their communities, and giving back to things. There's just some great, great and deep passion that you and I have around that. And so it could seem or appear to people that we're always chasing money, and we're not chasing money. We're chasing what money provides, and that is that quality of life, the ability to take care of the people we want to take care of and to give back to the people that we want to give to. But sometimes when things like this happen, where you have a scare in the family, you start to think about, you know, other things. You know, we've been for many, many years been kind of chasing this dream that we had, and, you know, it's come to fruition, right? Our hard work has paid off, and it's been been, you know, blood, sweat, and tears, right? And for me, a lot of tears. But then when something happens, you're like, oh, my goodness. You know, I'm so thankful that I'm still here, right? To be able to spend some time and even more so grateful that I'm here with the ability to have some of that money that we've worked so hard for, for the purpose in which we were envisioning. And to be able to and say, hey, I've got that. I can take care of that. Hey, let me. Let me take care of this. Hey, let me do this. Hey, let me do this. And suddenly you're like, man, all that hard work paid off. And the excitement and the celebration that comes from that is thrilling. But there's the other side of the coin of is there anything that you regretted beforehand and did you work so hard that if something catastrophic would have happened, there would have been some serious regrets? And we've talked about work life balance and how that's just a funny saying, you know, everybody's work life balance is different. I love to work. Please don't make me sit around and do nothing for six hours a day or whatever it is. I want to be doing things because I have such great passion around giving back. And I want to chase achievement, if you will, because that achievement produces, you know, the things that we want in order to give back. So I thought it was really important to kind of talk about because it's really hard in life to figure out how to chase your dreams and chase your passions and your vision and also equally give back and be there. Quality time with your family and with your loved ones or your spouse or your kids. There's one thing before I let you kind of take over and give some. Give some of your insights. Flip is there is a book that. I don't remember what it is, what the title is, but I've shared it on Facebook and I'm gonna have to find it. But it talks about, like, town meanings. It talks about with your kids, as a parent that you. You give them days, like, right. You always have, like, these times in which you. You spend one full day with one of your kids and another full day with another one of your kids, and you're asking them, what would you like to do with me? It's, it's. It's. You're in my day. And then they get so excited and they plan out the day, and it's just like a, you know, a date with dad or a date with mom or whatever it is. And it's only one parent. It's not even both parents, and they go out and do their thing. And this, it's this entire book about raising your children, ensuring that you're giving the quality of life and time that you want to give instead of continually pushing it off. Right. And saying, I will, I will. I just got to get to this next level of business. I just need to be able to cover this and not be so stressed out. You know, in life, surprises happen, and you don't want the regret of a surprise happening before you took the time to prioritize the people that are most important. And I think that's the biggest key takeaway of. Of this experience and. And just life itself.

Yeah. You know, it as we were building these companies, I mean, because we went through different phases. You know, we. We were musicians and. And then, you know, then we were working on cruise ships and. And. And that was a different phase of our Lives, you know, of our lives. And that was, you know, back then, it was, you know, if anything happened, you know, we were wherever we needed to be. And then when, once we started building the real estate, that's when we kind of put the blinders on and, you know, we went full on, you know, because we knew what we were going for. We knew what we were going to do. Now we didn't. We didn't, you know, say no to anything. Like, for example, the first time your mom went into the hospital, that was eight years ago, you know, and that was right in the thick of. Of us just getting everything started into real estate, you know, getting things developed. But we still said, nope, you go, you know, there's. Doesn't matter. Yeah, we. Were we successful? No. Did we have everything we wanted? No. Was that important? Yes. Go.

Yes.

You know, and so it's, it's never been for you and I, It's, It's. We. It didn't. It didn't matter. We would always make sure that, that we were doing the right thing. And, you know, we made the joke before we recorded this about, you know, the, the saying, money can't buy happiness. You know, and the only people that say that are the people that don't have money. We joked about that. And. But one of the things that, that we talked about, you know, last week before you flew to Arizona was, you know, we're the, the, you know, just the, the news of your mom going into the hospital, that just hit us, you know, and just like within two hours of that, of you getting that information, we're just like, you know, why don't you just fly back to Arizona? We'll get a condo for the month. We'll get you a rental car. You know, we'll get you set up. That way you can just go take care of your mom. And there wasn't any, oh, I need to do this, and we need to make sure this is taken care of, and we need to do this. There was. You go do this. We got this.

Yes.

You know, we'll figure everything else out. And so it. Because there, There is no. There's no replay. There's no replay on any of that. And, and, and it's not something that. Oh, no. Oh, well, she'll be fine. I just need to make some more money. You know, never had that, that mindset and, and ever, whether we had money or not. And so it's, it was, it was very, very empowering to be able to just say, just fly to Arizona.

We got you that's right. Yeah. And I've just been so grateful just to be able to be here. As tough as it is to balance work and personal life at the same time, I wouldn't take this back. You know, it's nice to be here. It's nice to be able to help. It's nice to be able to provide. And work will still be there in January if I can't get my projects done right. I'm still a very. Well, yeah, I'm still a very ambitious person, as most people know, if you know me. And so I'm going to do everything in my power to try and get a lot accomplished in December because I had a lot of plans for December. So I'm going to continue to figure out my schedule and figure out how to fit it all in. But ultimately, it's more important to be here and to be with family. So it is finding that balance for you and yourself and making sure that you're not so hardcore chasing what you see for your future that's important. And congratulations to you for taking steps and. And to be ambitious about chasing your future because not a lot of people will do that. But you do need to take time out and prioritize some days and hours and just moments for family so that they know that they're important, too, and they don't find out later in life after years and years go by when they wanted more quality time with you or you wanted more quality time with them and you miss important parts of that time that you can have together. So I think it's an important topic that we always continue to talk about and always continue to pursue trying to find that balance and everybody's balance is a little different.

I love it. Well, we hope that you enjoyed this episode. Make sure you're heading on over to our website, freedomcapitalinvestments.com to join the investor club. We've got a lot of stuff going on the end of this year. Make sure you're checking us out on all the social media stuff. And we're everywhere, so make sure you check us out. But make sure you get a part of that investor club because again, there's a lot of stuff we can't talk to you about until you're a part of that investor club. So. But we'd like to end all of.

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