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The Potential Outcomes of Taking a Pay Cut
Manage episode 436024134 series 3587680
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In this conversation, 12Kyle and DMurph discuss the topic of taking a pay cut, using the example of NBA player Jalen Brunson. They explore whether it is worth it to take a pay cut and the factors to consider in such a decision. They also discuss the implications for the common person who may face a pay cut in their job.
The conversation touches on the importance of communication with family members, finding areas to cut back on expenses, and the need for savings. They also consider the potential outcomes of taking a pay cut and the trade-offs involved.
In this conversation, 12Kyle and DMurph discuss the pressure and expectations that come with playing professional sports, particularly in the NBA. They touch on the importance of having a strong support system and mentorship, as well as the misconception that players should give back money to help their teams.
12Kyle and DMurph also share personal experiences with job offers, pay cuts, and the importance of knowing one's worth in the workplace. The conversation concludes with advice for young professionals and the importance of keeping an open mind and exploring different opportunities.
Chapters
00:00 - Introduction and Background
03:33 - The Implications of Taking a Pay Cut
05:26 - Considering the Value of Money
07:55 - Taking a Pay Cut in the Current Economy
11:31 - Personal Stories and Considerations
14:23 - The Importance of Family and Intentions
16:09 - Cutting Back on Expenses and Saving
18:33 - The Potential Outcomes of Taking a Pay Cut
21:41 - Dispelling the Misconception of Players Giving Back Money
24:10 - Knowing Your Worth in the Workplace
35:45 - Advice for Young Professionals: Keeping an Open Mind
AUDIO
https://linktr.ee/12kyle
MERCH
https://www.teepublic.com/user/the-12kyle-podcast
YOUTUBE
https://youtu.be/dpSdDIBKDIU
#12kyle #12kylepodcast #paycut #jalenbrunson #nba #commonman #decisionmaking #communication #expenses #savings #pressure #expectations #professionalsports #supportsystem #mentorship #paycut #workplace #knowingworth #youngprofessionals #salaries #unemployment
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