123: Secrets to Determining Wants vs. Needs

123: Secrets to Determining Wants vs. Needs

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Ever since we are little kids we have always known to be wanting things…well just because we can. Since we are born we have always wanted things and if we don’t get it we will throw a fit in hopes that we will get it, but hopefully as we grow older we have a lot more control over our urges. However, as we get older we get the freedom of being able to get anything in life that we want and we start forgetting the difference between WANT and NEED. In today’s episode, Kyle and Glenn talk about the difference between “want” and “need” and in reality this is something that we deal with every single day of our lives, but why is that? Why do we get confused so easily between two?  

Since we were born, we have always wanted things because it made us feel good, but we hardly think of things that we actually need. How many times as a child have you cried because you WANTED the new Lego set, but your parents said no cause you didn’t need them? Kyle and Glenn explored that as a kid when we don’t get things, we take that buy shit ton of other things just so we can fill the void of not receiving gifts as a child. A perfect example that Kyle shared was that he has rooms filled with shoes….SHOES! WTF?? I will never understand that BUT Kyle filled that void by purchasing shit ton of shoes since he wasn’t able to have them as a child. The real question comes whether he wants it or needs it?  

Finances is one thing, but the same rule can apply to other areas of our lives. The key is to realize what the difference is and how you can see it. Why are you always going for wants and not needs? You want a Gucci purse, but do you really need it? What value are you getting from purchasing these? Do you think you would gain more value by donating your old purses or by purchasing new $1000 purse? Does it meet your value? If not, then should you keep going after or change your wants to meet the needs? 

Podcast episodes we mentioned in this podcast:

122: Spending Money Irresponsibly

122: Spending Money Irresponsibly

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Today’s episode is definitely something that we can all relate to because it’s an everyday essential and an important one because if you are not on top of your shit you can literally end up broke!

It’s not your fault, we as humans are HORRIBLE at managing things and let alone something as important as cash that literally drives our day to day activities. Just like anything else in life, we are not born with it but we have to get better at spending money responsibly. There are tons and tons of people out there who say “I wish I had money to do…”, “Sorry, I can’t eat out for lunch (or get coffee, or get beers or w/e) because I don’t get paid for another 3 days” and these are the same people who will repeatedly say this every month. Why? If you know you have set expenses and set income, then why not take extra time and plan logically and spend responsibly?

We can blame as much as we want on other forces in life, but in reality, it starts from within ourselves. We have to look at our spending and see what are we spending on and why are spending on these things. Why are we spending on these materials? Was it because as a child you couldn’t own it? Or is it because you are showing off to your friends so they will like you more? You think you are fancy and rich by spending money on your car and big houses. Take away all the two face friends, take away money, what do you have now? Are you happy in life? Is this what you wanted? If so, then great! If not, then are you sure you want to follow the same path?

Now, I am not the best at saving money nor we are a financial group. As mentioned before, it doesn’t take more than a change of mindset to start seeing changes. Thinking logically when you make your next leisure purchase. Is it a nice to have or a necessity to live? Wait one month before purchasing big and revisit, do you still want it? Save $1 every day and increase it by every day. Start doing little changes now that doesn’t seem like a big change, but in future, it will be something that you will never regret.

Podcast episodes we mentioned in this podcast:

121: Living Your Life Intentionally

121: Living Your Life Intentionally

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BONUS EXERCISE FROM ROHIT’S ADVANCED SEMINAR IN THIS EPISODE: https://www.eventbrite.com

As I was dropping off some kids in the pool on company’s time and scrolling through Facebook feed (Oh don’t judge me you know you are doing the same shit at work!) I came across this picture of myself and my ex on a vacation from 10 years ago. Man did that bring back memories, but as I was reminiscing through my head, I realized where I was in my life then and where I am at now. It genuinely shocked me as to how long has it been and how much has changed but moreover the journey I have taken to get here. It feels like a blink of an eye, but my life has changed dramatically since that moment was captured in that camera.

Over the years, I have made a ton of goals and decisions – some were made by me being stupid and stumbling upon life while others I made a judgment call on. I might have taken action, but either way, these decisions have had a positive and negative impact on my life and helped me find a path toward my purpose in life. I would say finding a purpose is a whole another topic and it’s something that I am still trying to find, but at least this has guided me to find out what I don’t need in my life. I might not have the purpose yet, but I do know my intentions. The intentions which lead to my decisions which leads to actions in my life.

However, the real question I should be asking myself or we should be asking ourselves is am I in control and does my intentions, whether short term or long term, falls parallel to the outcomes of my life or am I letting my life go by and filled with useless activities? If the current stage or upcoming future is aligning with your intention, then great! If not, then let’s really take a look and see how we can change. If you are having trouble figuring out where you are and where you should be, then take inventory of your decisions. Are these affecting you positively or negatively? I am not talking about what kind of ice cream to pick up for dessert tonight. I am talking about the decision that keeps you awake at night. Decisions that you have regretted in past. Decisions that is impacting you currently and will in future. Decisions that truly only you know because these decisions might be hidden for other people, but deep inside you know why chose that.

Truth is you can’t change the past, but only your future. Find these mistakes, learn from it, and adjust your intentions. Take charge of your life and make educated long-term decisions (even if it’s in small stages) that will bring you happiness in your life and self-realize about many aspects of your life. If your vision is parallel to your life, then you are living an intentional life and you have a clear idea of the path you have been on and the path that will lead you to the end of the tunnel.

So, GET YOUR SH*T TOGETHER, stop acting like a victim, take charge and be happy!

Podcast episodes we mentioned in this podcast:

120: Being Accountable To Yourself

120: Being Accountable To Yourself

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Today’s episode is a true calling for self-reflection as Glen Rux and Rohit Rohila share about their thoughts on being accountable and what it does to us when we are not pushing and holding ourselves accountable.

Accountability can come in many ways and areas of life – relationships, work, pets, driving, you name it. Your actions toward something and what comes out of it – you have to take responsibility for it. Everything that happens to you and around you will have to do directly or indirectly with you, so why not cut the bull shit and start owning up? In today’s world, we are always looking for an escape. We will always try to blame and find excuses from external resources, but we will never look within ourselves and own up to the results of our actions. What most people fail to realize is that accountability might sound negative, but it can be viewed as positive if you believe in it. If you actually hold yourself accountable for an action, then it will prepare you better for the next project. This is something that we are not born with, but have to learn. This is a must skill that we need to get better at because directly or indirectly it has been affecting your whole life.

Let’s take a look at where you are in your life; whether you are in Ivy League College, working on Wall Street, or a janitor at a local middle school – you are here because of your choices and your success. How much of that would you say is because of your actions and accountability from it vs the Universe just landing with fruits on your lap? I will bet you that most of your success is based on your actions which we are driven by having focus and mindset which in the end is being reflected by the level of accountability you hold YOURSELF for achieving or not achieving that task. If you set your mind on something and make it your belief to finish that, then you will do that without a problem and with the best results.

To sum up, accountability is something that you need to learn in order to GYST. Improve yourself in these 3 areas (Self-Motivation, Responsibility, and Personal Accountability) and your success might surprise you!

Podcast episodes we mentioned in this podcast:

Have you subscribed to GYST on iTunes, Google Play, or Stitcher yet? Have you seen any of our YouTube videos? Come on, get your sh*t together and make your life easier already!

119: The Importance of “Self-Care”

119: The Importance of “Self-Care”

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Everyone struggles with caring for themselves. We work long hours, eat unhealthy foods, think negative thoughts, and hold onto negative habits. How do we balance our work lives and our health? Do we take time to take care of ourselves? There are 3 areas of self-care; Physical, Mental, and Emotional.

Everyone knows about the outward physical health aspect. Taking strides to stay in shape by working out, exercising, and eating healthy are only a couple of ways to help maintain your physical self-care. We always seem to forget that getting a checkup with a Doctor or going to the Dentist can also be a form of self-care.

Being in a positive mental state is another important aspect of self-care. Self-respect creates a positive mindset. When you take care of your outward appearance you feel better about yourself. Feeling better about yourself breeds confidence and positivity in your thoughts and actions building a healthier mental state.

Everyone has emotional needs. We deal with happiness, sadness, anger, love, and hate. It is important to deal with our stressors so that our emotions do not overwhelm us and create health issues. Stress is a leading cause of heart health issues in the world today. Find a healthy way to reduce your stress levels and keep the stresses from bleeding into your relationships. Go for a walk, meditate, play a game, listen to music, write in a journal, or exercise. These are all great ways to relieve your stresses.

Maintain healthy relationships. You never know how much time you have in this life and no one knows when their time is going to come. Spend time with those you love and let them know you truly care. In doing so, you will help their emotional health and improve their chances of maintaining better self-care. Make sure you aren’t leaving this life with any regrets and that you won’t regret inaction when someone else is gone.

When we take our self-care seriously and take little steps to improve ourselves, we will find it easier to get our shit together.

Videos Mentioned In This Episode

Podcast episodes we mentioned in this podcast:

Have you subscribed to GYST on iTunes, Google Play, or Stitcher yet? Have you seen any of our YouTube videos? Come on, get your sh*t together and make your life easier already!

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