If you’re like me, you probably have a few cards in your wallet: a debit card, insurance card or perhaps a credit card. But none of them are as powerful as the walk-away card!
What is a “walk-away card”?
It’s not a physical card. It’s a financial condition. It’s being a position where your financial life isn’t solely dependent on your day-job. Getting a paycheck every two weeks is great for people that have walk-away cards, but it’s not vital.
The walk-away card can vary in strength. Even though someone may have a walk-away card, it may be weak while others are very strong.
Even if you love your job it’s still really important you have one.
I’ll tell you the reasons. But first, let’s talk about how you get one.
How do you get a “walk-away card”?
Having a walk-away card is all about being able to be financially stable without a steady income. It’s being able to weather the storm of the unknown. It’s about being able to support your family during a season of transition from one job to another.
- Ditch the debt
When you don’t have debt, you don’t have payments. Simple. It’s hard to walk from your job when you’ve got piles of payments every month.
- Have a large cash-savings
Cash savings creates a buffer between your family and life. The bigger your cash saving, the more powerful your walk-away card becomes.
- Live Modestly
You can be debt-free and have a large cash savings, but still have a weak or no walk-away card because of a lavished lifestyle. But living a modest lifestyle in combination with no debt and cash creates power!
- Have multiple incomes
Having a second or third income give your walk-away card tremendous power.
So, how many of those factors do you have? You’ll need at least two just to own a walk-away card.
Ok, so why is it important to have a walk-away card? Great question.
It’s the greatest gift you can give your BOSS
Yep, you heard me correctly. The greatest gift you can give your boss is your ability to quit at any time.
It proves you want to be there, because if you didn’t, you’d quit. Great, open the door for a better employee. Everybody wins!
You won’t be a slave to your job. And your boss won’t be your slave master!
You’ll be using your job as a tool allowing you to be #LivinTheDream or getting you closer to it.
What precious gifts for your boss!
It’s the greatest gift you can give your CAREER
Building your career is all about taking better opportunities.
But if you don’t have a walk-away card, paychecks will trump opportunity.
While I was unemployed, I actually turned down two jobs. Both jobs were offering solid pay, but the pay wasn’t nearly as important as the opportunity.
A walk away card will give you power to pursue the right career opportunities.
It’s the greatest gift you can give your FAMILY
As a man, I’m at my best when I’m full-filled at work. It makes me a better husband and father at home. I’ve gone through seasons when my job wasn’t a tool, I was a slave, and going to work was drudgery – I wasn’t my best at home.
The walk-away card changes the game between you and your work. And it will allow you to be the best at home with your family.
So, do YOU have a walk-away card?
How many of those four factors do you have?
And how would your life look differently if you had a walk-away card?