Podcasts about The Millionaire Next Door

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3641: April Dykman examines the internal conflict between overindulging and over-restricting with money, offering a deeply personal look at how both behaviors can sabotage financial peace. Her reflections encourage listeners to pursue a balanced approach that aligns spending with their core values rather than emotional reactions. Read along with the original article(s) here: https://www.getrichslowly.org/the-balance-between-splurger-and-miser/ Quotes to ponder: "I don't like how I feel when I spend money, but I don't like how I feel when I don't spend money either." "I'm constantly searching for balance between being a miser and a splurger." "I've begun to see that spending in alignment with my values can lead to greater happiness." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/dp/1589795474 Early Retirement Extreme: https://www.amazon.com/Early-Retirement-Extreme-Philosophical-Advanced/dp/145360121X Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3641: April Dykman examines the internal conflict between overindulging and over-restricting with money, offering a deeply personal look at how both behaviors can sabotage financial peace. Her reflections encourage listeners to pursue a balanced approach that aligns spending with their core values rather than emotional reactions. Read along with the original article(s) here: https://www.getrichslowly.org/the-balance-between-splurger-and-miser/ Quotes to ponder: "I don't like how I feel when I spend money, but I don't like how I feel when I don't spend money either." "I'm constantly searching for balance between being a miser and a splurger." "I've begun to see that spending in alignment with my values can lead to greater happiness." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/dp/1589795474 Early Retirement Extreme: https://www.amazon.com/Early-Retirement-Extreme-Philosophical-Advanced/dp/145360121X Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3641: April Dykman examines the internal conflict between overindulging and over-restricting with money, offering a deeply personal look at how both behaviors can sabotage financial peace. Her reflections encourage listeners to pursue a balanced approach that aligns spending with their core values rather than emotional reactions. Read along with the original article(s) here: https://www.getrichslowly.org/the-balance-between-splurger-and-miser/ Quotes to ponder: "I don't like how I feel when I spend money, but I don't like how I feel when I don't spend money either." "I'm constantly searching for balance between being a miser and a splurger." "I've begun to see that spending in alignment with my values can lead to greater happiness." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/dp/1589795474 Early Retirement Extreme: https://www.amazon.com/Early-Retirement-Extreme-Philosophical-Advanced/dp/145360121X Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766 Learn more about your ad choices. Visit megaphone.fm/adchoices

What does being wealthy truly look like? We imagine having big fancy houses, exotic vacations, and high status jobs. But what if I told you that most millionaires, even decamillionaires today, might not look quite like the famous person on your tv or phone screen, but more like your average Joe, living in a house down the street? That scenario is more than norm than you may realize, and that's good news for everyone.   Links: The Millionaire Next Door by Thomas J. Stanley and William D. Danko Learn more about this Money Tip's sponsor: New England Royal Service Check out TCU University for financial education tips and resources! Follow us on Facebook, Instagram and Twitter! Learn more about Triangle Credit Union  Transcript: Welcome to Money Tip Tuesday from the Making Money Personal podcast.   Today's Money Tip is proudly sponsored by New England Royal Service. A local NH business offering commercial cleaning and property maintenance trusted for its exceptional service. Visit neroyal.com to learn more and show us a little love by mentioning this podcast when you reach out!  Now back to today's tip.  Reading books is a powerful way to shift your mindset about money and finance, along with gaining practical techniques to achieve your desired financial life. One notable book is The Millionaire Next Door by Thomas J. Stanley and William D. Danko. First published in 1996, the book delves into the habits of the wealthy, challenging many common misconceptions about wealth.  The authors break down key concepts that question the stereotypical views of wealthy individuals. For instance, wealth isn't always visible, and attaining it isn't solely dependent on income or profession; anyone can adopt wealth-building practices. This idea is fundamental, as many believe wealth is an exclusive domain, locked away by a hidden secret known only to a select few. However, the book demonstrates that with intentionality, focus, and cultivated habits, anyone can build wealth.  Stanley and Danko conducted thorough research across various demographics to uncover what distinguishes wealthy individuals from those who are not. The findings are often surprising. The common belief that a high salary guarantees wealth is swiftly debunked; while income does play a role, how individuals manage their finances holds greater significance.   Another revelation from the book is that appearances can be misleading. A person flaunting a large house, designer clothes, or a luxury car may not be financially secure. The pressure to project an image of wealth often incurs hidden costs. The authors shared, "many people tell us that you can judge a book by its cover, meaning that high-grade doctors, lawyers, accountants, and so on are expected to live in expensive homes. They also are expected to dress and drive in a style congruent with their ability to perform their professional duties."   Interestingly, surveys discussed in the book indicated that many millionaires do not prioritize purchasing luxury items. They tend to be frugal, preferring utility over showmanship when it comes to their spending habits. For instance, their survey results showed that the average American millionaire never spent more than $399 on a suit, with a quarter spending $285 or less. Additionally, about half never spent more than $140 on shoes, and many did not exceed $235 on a wristwatch. Remember that the surveys were conducted in the 90s, so the actual dollar amounts may have shifted a little bit since then.   The authors highlight a critical distinction between high wealth accumulation and the ostentatious display of wealth. They state, "...some people judge others by their choice in foods, beverages, suits, watches, motor vehicles, and such. To them, superior people have excellent tastes in consumer goods. But it is easier to purchase products that denote superiority than to be superior in economic achievement."   Such insights highlight the significant role of frugality in wealth accumulation, which is often overlooked. The authors state, "Being frugal is the cornerstone of wealth-building. Yet far too often, the big spenders are promoted and sensationalized by the popular press. We are constantly barraged with media hype about so-called millionaire athletes, for example."  The book encourages readers to realize they have more control over their financial destinies than they might think. Adopting millionaire habits can be achievable for anyone. For example, individuals can adjust their consumption patterns to reduce spending and enhance savings. Moreover, selecting a career with a clearer understanding of associated costs and responsibilities—be it pursuing a doctorate or starting a business—can maximize financial outcomes.  Encouraging a 'pay yourself first' mentality in personal and family finances is another valuable takeaway. This mindset helps prioritize saving over unnecessary spending, providing a sense of security and control over one's financial future.  If you're considering reading the book, there are a few points to keep in mind. The wealth of data and statistics presented may come across as dry if you're not inclined toward research-driven narratives. Furthermore, since the book was initially written in 1996, some of the information may now seem outdated. My copy was republished in 2010, but monetary values and occupational statistics have undoubtedly evolved since then. A dollar in 1996, for instance, had greater purchasing power than it does today, which can affect how some financial principles are perceived.  Overall, The Millionaire Next Door offers valuable insights into the habits and mindsets that contribute to wealth accumulation. By debunking common myths and encouraging practical financial habits, it provides a more accessible view of how anyone can work toward financial success, equipping readers with actionable steps to improve their economic situation.  If there are any other tips or topics you'd like us to cover, let us know at tcupodcast@trianglecu.org. Also, remember to like and follow our Making Money Personal Facebook and Instagram to share your thoughts. Finally, remember to look for Triangle Credit Union, on Facebook and LinkedIn.         Thanks for listening to today's Money Tip Tuesday. Check out our other tips and episodes on the Making Money Personal podcast. 

According to research done by the authors of the book *The Millionaire Next Door,* 70% of American millionaires are first generation. This means that in most instances wealth is not being effectively passed down to the next generation, as it is not being preserved. That generation doesn't know how to handle that much money (how many lottery winners are broke a year or two later?) So to talk about how to deal with inherited wealth, in this episode of the podcast I talk with Master Life Coach Chase Collins about how people who achieve significant financial independence can prepare their children for the receipt and handling of a significant financial legacy. In this episode you will learn: - The 3 biggest mistakes people make with inherited wealth - How to teach your children how to handle inherited wealth - How to deal with guilt associated with wealth - About avoiding the "Expectation Trap" - How to manage wealth and avoid losing it shortly after inheriting it

What mindset separates high earners from true wealth builders? Inspired by The Millionaire Next Door by Dr. Thomas Stanley, Tim Ulbrich breaks down how changing his perspective on money transformed his financial path, and how it can do the same for you. Episode Summary YFP Co-Founder & CEO, Tim Ulbrich, PharmD explores the key mindset shift that helps pharmacists quietly build lasting wealth. This isn't about flashy cars or overnight success. It's about the habits, discipline, and mindset millionaires use to build wealth quietly and consistently. Drawing from both personal experience and lessons from The Millionaire Next Door by Dr. Thomas Stanley, he shares how pharmacists and other high-income earners can adopt a wealth-building mindset that prioritizes financial independence over lifestyle inflation. Whether you're just getting started or looking to level up, this episode will challenge how you think about money and give you the tools to create lasting change. In this episode, you'll learn: The mindset millionaires adopt (that most people don't) Why high income doesn't guarantee financial freedom How to build money habits that grow wealth over time What these insights mean for pharmacists and other professionals pursuing financial independence Mentioned on the Show First Horizon's Pharmacist Home Loan Your Financial Pharmacist The Millionaire Next Door by Dr. Tom Stanley I Will Teach You to be Rich by Ramit Sethi The Compound Effect by Darren Hardy  

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3149: Brian Tracy breaks down the five core reasons most people fail to achieve financial independence, from never realizing wealth is possible for them to lacking long-term perspective. He explains how procrastination, poor financial habits, and indecisiveness prevent many from building real wealth, offering actionable mindset shifts for anyone ready to break the cycle. Read along with the original article(s) here: https://www.briantracy.com/blog/general/5-reasons-why-most-dont-become-wealthy/ Quotes to ponder: "If it never occurs to them, then they never take any of the steps necessary to make it a reality." "The primary reason for underachievement and failure is that the great majority of people don't decide to be successful." "If you cannot delay gratification, and discipline yourself to refrain from spending everything you make, you cannot become wealthy." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3149: Brian Tracy breaks down the five core reasons most people fail to achieve financial independence, from never realizing wealth is possible for them to lacking long-term perspective. He explains how procrastination, poor financial habits, and indecisiveness prevent many from building real wealth, offering actionable mindset shifts for anyone ready to break the cycle. Read along with the original article(s) here: https://www.briantracy.com/blog/general/5-reasons-why-most-dont-become-wealthy/ Quotes to ponder: "If it never occurs to them, then they never take any of the steps necessary to make it a reality." "The primary reason for underachievement and failure is that the great majority of people don't decide to be successful." "If you cannot delay gratification, and discipline yourself to refrain from spending everything you make, you cannot become wealthy." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3149: Brian Tracy breaks down the five core reasons most people fail to achieve financial independence, from never realizing wealth is possible for them to lacking long-term perspective. He explains how procrastination, poor financial habits, and indecisiveness prevent many from building real wealth, offering actionable mindset shifts for anyone ready to break the cycle. Read along with the original article(s) here: https://www.briantracy.com/blog/general/5-reasons-why-most-dont-become-wealthy/ Quotes to ponder: "If it never occurs to them, then they never take any of the steps necessary to make it a reality." "The primary reason for underachievement and failure is that the great majority of people don't decide to be successful." "If you cannot delay gratification, and discipline yourself to refrain from spending everything you make, you cannot become wealthy." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to another session of LifeClub with me Tashima Jones. Today we are focusing on not allowing the past to hold you back. So often people may feel trapped by the experiences of long ago, whether it was a relationship, event, or personal challenges. When it comes to the past you'll find that it's not a matter of simply getting over it. Get your pens and journals ready to discover just how the past has the potential to hold you back and tips on getting through it to enjoy the present moment.   Be sure to complete your LifeWork.    About LifeClub The Podcast LifeClub w/ Tashima Jones is a feel-good podcast. It can be seen as a mini coaching session with Tashima, complete with LifeWork and action steps to take after the show. With listeners in over 10 countries across 6 continents, LifeClub the Podcast focuses on personal development and delivering practical tips and tools on building inner-wealth.    About Tashima Jones Tashima Jones is an author, life coach, brand consultant, and founder of Connects (a philanthropic endeavor). Her debut book, Being Broke Made Me Rich, received reviews from the co-author of the New York Times best seller, The Millionaire Next Door, who happened to be her professor. As a Life Coach, she supports women who are ready to shift from survival mode to inner-wealth based living. Tashima holds a bachelor's degree in business & marketing, and studied psychology on a master's level but her greatest classroom has been personal life experience. She uses both her personal life (including her lowest moment after the degree, house, luxury car, and platinum wedding ring), and professional experience (in tech, wealth management marketing, luxury brand buying, real estate, and radio) to organically coach those who are desire authentic change in their lives.​

Season 4, Episode 2 | "Are you chasing fool's gold or real confidence?" In this Strong & Awake episode, Dane and Mitch dismantle the myth of flashy confidence to reveal that true confidence is forged in quiet, disciplined practice. Through Craig's roof-and-ladder challenge and examples from The Millionaire Next Door, Steph Curry, and Kobe Bryant, they show that confidence isn't innate or a performance—it's the sum of small, deliberate reps taken in the face of discomfort. By rejecting victim stories, counting down “3, 2, 1” to act, and focusing on the work over the reward, listeners learn to build authentic confidence in any arena. If you're ready to move beyond shortcuts and cultivate lasting self-assurance, this conversation lights the path.Never Settle Promo Chapters:00:00 Introduction01:15 Member Story - Craig part 102:28 Gold vs. Fool's Gold Confidence06:31 Misconceptions About Confidence13:05 Member Story - Craig part 216:12 Courage as the Virtue that Hinges Confidence25:16 Building Confidence Through CommunityMentions:The Millionaire Next Door - A book mentioned by Dane, which discusses the habits and characteristics of actual millionaires, emphasizing frugality and understated wealth.The Growth Equation - Referenced by Dane, this likely refers to the work of authors Brad Stulberg and Steve Magness, who write about performance and well-being.Steph Curry - NBA player mentioned by Dane as an example of someone who has built confidence through extensive practice and overcoming perceived limitations.Kobe Bryant - Late NBA player mentioned by Dane, known for his work ethic and dedication to improving his skills, even in areas outside of basketball.Ryan Holiday - Author mentioned by Dane, known for his writings on Stoicism and virtues, including courage.Mark Brewer - A member of the Men and Women of Discomfort community, highlighted by Dane for his confidence and ability to handle stressful situations effectively.Anchor Actions:Use “3, 2, 1” – when resistance arises, count down and take one small action toward the discomfort you're avoiding Practice a daily discomfort rep – choose one micro-challenge (e.g., one push-up, one breath hold, one exposure) and follow through every day Log your reps, not results – track one instance daily where you put in work without seeking recognition, and repeat tomorrow Join Us:Our Membership Community (MWOD) is where we embrace discomfort as a path to personal development. Remember, it's probably not for you... but if we're wrong about that, or if you want to find out for yourself, visit us at MWOD.io

So many women entrepreneurs are doing incredible things—but when it comes to money? There's often a whole lot of fear, doubt, and avoidance.In this episode of The Business of Thinking Big, I'm joined by financial strategist and founder of Blue Ridge Private Wealth, Kerry Rizzow, for a deeply empowering conversation about how we, as women, can build more wealth and actually feel wealthy while doing it.We talk about why so many of us have limiting beliefs around money (spoiler alert: it often starts in childhood), how to take back control of your finances—without shame—and the 3 foundational pillars every woman needs to build lasting wealth.If you're ready to feel more confident and in control when it comes to money—this episode is for you.In this episode, you'll discover:Why women often struggle with financial confidence (and how to shift it)  How to calculate your true net worth—and why it matters more than income  The difference between good debt and bad debt (and how to manage both) How to start investing (even if you feel totally unqualified) The power of budgeting—and how to do it in a way that actually works for you Why you don't need to get it perfect—you just need to startTimestamps:00:00 – Meet Kerry Rizzow + Her journey from bank teller to financial firm owner06:00 – Where women's financial confidence gets crushed early on08:00 – Why money can feel emotionally hard for women09:00 – Pillar #1: Managing Debt – the truth about “good debt”11:00 – What net worth really means (and how to calculate it)16:00 – Pillar #2: Saving and Investing – even $25/month can change everything21:00 – Why entrepreneurs especially need a rainy-day fund25:00 – Pillar #3: Budgeting – the freedom that comes from knowing your numbers29:00 – How to budget in a way that fits your personality34:00 – How Kerry tackles debt faster than she saves (and why it works for her)36:00 – The power of starting small—and asking for help40:00 – Final thoughts: Be kind to yourself. You don't need to be perfect. Just consistent.Links mentioned:‌ ‌The Wealthy Barber: https://thewealthybarber.com/The Millionaire Next Door: https://www.amazon.ca/Millionaire-Next-Door-Surprising-Americas/dp/1589795474The Smart Cookies: https://smartcookies.com/Kerry's website: https://blueridgeprivatewealth.comKerry's LI: https://www.linkedin.com/in/kerry-rizzocfp/?originalSubdomain=caKerry's IG: https://www.instagram.com/kerryknowsmoney/— Learn with me: Mamapreneur Success Path - Free Audio Training ‌Connect with me: Facebook: https://www.facebook.com/liannekimcoach Instagram: @liannekimcoach Join the Mamas & Co. community to get access to valuable resources and the support of likeminded mompreneurs and mentors: https://www.mamasandco.com Instagram: @mamasandco Podcasting support: https://theultimatecreative.com

Some people quietly amass wealth while others with six-figure incomes struggle to stay afloat. The real difference lies in strategy, discipline, and execution.   In episode #116 of What Dewey Do?, we break down the habits, mindset, and financial strategies inspired by The Millionaire Next Door. We also explain how a simple $125 weekly investment can grow into over a million dollars without needing a six-figure salary.  Income alone won't make you rich—your financial behavior determines long-term success. Learn why smart budgeting, automating savings, and resisting lifestyle inflation are the real wealth-building tools.  Financial freedom starts with small, consistent choices. Tune in to this episode and take the first step toward a more secure future. Quotes: - Dewey Steffen: “Most people spend first and save what's left—if anything. Millionaires do the opposite. They save first, then spend.” - Dewey Steffen: “ Studies show that 80% of financial success is based on behavior, not income. Daily choices, spending habits, and financial discipline separate those who struggle from those who build wealth.”  - Dewey Steffen: “ Money is a tool, not a solution. Think about how many lottery winners and professional athletes go broke. It's not the money you make, but what you do with it once you have it.” _______________________   ➡️ WDD TikTok: https://www.tiktok.com/@whatdeweydopodcast   ➡️ WDD Instagram: https://www.instagram.com/whatdeweydopodcast   ➡️ WDD Facebook: https://www.facebook.com/whatdeweydo   ➡️ GLW YouTube: https://www.youtube.com/@GLWealth Thanks for watching! What Dewey Do? is a podcast by Great Lakes Wealth (www.greatlakeswealth.us) and executively produced by Evry Media (www.evry.media.com). Great Lakes Wealth, LLC is a registered investment advisor. The information provided is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Great Lakes Wealth and its representatives are properly licensed or exempt from licensure. No advice may be rendered without a service agreement in place. Securities offered through Purshe Kaplan Sterling Investments, Member FINRA/SIPC Headquartered at 80 State Street, Albany, NY 12207. Purshe Kaplan Sterling Investments and Great Lakes Wealth are not affiliated companies. The views reflected in the commentary are subject to change at any time without notice. Nothing herein constitutes investment advice or a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security or a depiction of past investments made by Great Lakes Wealth, LLC. In Case You Missed It... 

In this episode, we dive into the key takeaways from The Millionaire Next Door and explore how its principles still hold strong when planning for retirement. From disciplined spending habits to living below your means, the book offers powerful insights into how everyday people build lasting wealth. We discuss how these lessons can be applied to retirement planning—helping clients focus on long-term financial independence rather than flashy lifestyles. Whether you're advising high-net-worth individuals or everyday savers, this conversation is packed with practical wisdom that stands the test of time.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1651: Michelle Schroeder-Gardner breaks down the essentials of passive income, explaining how it can provide financial freedom through upfront effort and long-term rewards. She shares a variety of practical, beginner-friendly ideas, ranging from dividend investing to creating digital products, helping listeners discover income strategies that suit their skills and goals. Read along with the original article(s) here: https://www.makingsenseofcents.com/2015/04/what-is-passive-income-ideas.html Quotes to ponder: "Passive income is income that you earn with little work to maintain." "Eventually, you may be able to earn a living through passive income streams." "Passive income allows you to free up your time and possibly even retire early." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1651: Michelle Schroeder-Gardner breaks down the essentials of passive income, explaining how it can provide financial freedom through upfront effort and long-term rewards. She shares a variety of practical, beginner-friendly ideas, ranging from dividend investing to creating digital products, helping listeners discover income strategies that suit their skills and goals. Read along with the original article(s) here: https://www.makingsenseofcents.com/2015/04/what-is-passive-income-ideas.html Quotes to ponder: "Passive income is income that you earn with little work to maintain." "Eventually, you may be able to earn a living through passive income streams." "Passive income allows you to free up your time and possibly even retire early." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3095: Brian Tracy breaks down the habits and mindset shifts that separate those who only look rich from those who are rich. Learn how adopting long-term thinking, discipline, and a focus on wealth-building behaviors can lead to true financial independence - regardless of your current income. Read along with the original article(s) here: https://www.briantracy.com/blog/financial-success/look-rich-or-be-rich-develop-a-millionaire-mindset-to-achieve-financial-independence-wealthy-people/ Quotes to ponder: “People who look rich often have little or no money saved. They work to earn and then spend everything on the outward appearance of success.” “People who are really rich are more concerned with building and maintaining wealth over time than with showing it off.” “You become what you think about most of the time. If you think about financial independence and becoming wealthy, you begin to do the things that will make it a reality.” Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Think and Grow Rich: https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331 Rich Dad Poor Dad: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612681131 The Richest Man in Babylon: https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3095: Brian Tracy breaks down the habits and mindset shifts that separate those who only look rich from those who are rich. Learn how adopting long-term thinking, discipline, and a focus on wealth-building behaviors can lead to true financial independence - regardless of your current income. Read along with the original article(s) here: https://www.briantracy.com/blog/financial-success/look-rich-or-be-rich-develop-a-millionaire-mindset-to-achieve-financial-independence-wealthy-people/ Quotes to ponder: “People who look rich often have little or no money saved. They work to earn and then spend everything on the outward appearance of success.” “People who are really rich are more concerned with building and maintaining wealth over time than with showing it off.” “You become what you think about most of the time. If you think about financial independence and becoming wealthy, you begin to do the things that will make it a reality.” Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Think and Grow Rich: https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331 Rich Dad Poor Dad: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612681131 The Richest Man in Babylon: https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3095: Brian Tracy breaks down the habits and mindset shifts that separate those who only look rich from those who are rich. Learn how adopting long-term thinking, discipline, and a focus on wealth-building behaviors can lead to true financial independence - regardless of your current income. Read along with the original article(s) here: https://www.briantracy.com/blog/financial-success/look-rich-or-be-rich-develop-a-millionaire-mindset-to-achieve-financial-independence-wealthy-people/ Quotes to ponder: “People who look rich often have little or no money saved. They work to earn and then spend everything on the outward appearance of success.” “People who are really rich are more concerned with building and maintaining wealth over time than with showing it off.” “You become what you think about most of the time. If you think about financial independence and becoming wealthy, you begin to do the things that will make it a reality.” Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Think and Grow Rich: https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331 Rich Dad Poor Dad: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612681131 The Richest Man in Babylon: https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111 Learn more about your ad choices. Visit megaphone.fm/adchoices

Another day, another batch of money myths to bust. In this episode of Talking Real Money, Tom and Don take a sledgehammer to the idea that becoming a millionaire requires some kind of magical stock picking, insane work hours, or pure dumb luck. Spoiler: It's mostly about spending less than you make, investing consistently, and avoiding financial landmines (like high-interest debt). A listener asks whether bonds are still the best diversifier in a portfolio, which leads to a deep dive into why no investment is a perfect hedge against stocks—despite what the Wall Street wizards want you to believe. Fidelity gets a well-deserved roasting for pushing annuities inside IRAs (seriously, why?). And for those considering Tesla stock or any other hot-shot investment, let's just say: strap in, because that rollercoaster is a wild one. Along the way, they take on listener questions, reminisce about financial talk radio, and remind everyone that no one—NO ONE—can predict the future, no matter how much they charge for their “insight.” 0:41 - Debunking millionaire myths: It's not about luck, Amazon IPOs, or working 80-hour weeks. 1:45 - The Millionaire Next Door and the modern rise in millionaires (2020–2023). 2:48 - The top millionaire habits: underspending, steady investing, and avoiding debt. 3:13 - Don't ignore “free money” (employer 401k match) as part of your wealth strategy. 3:36 - Understanding risk-adjusted investments (not market trends or headlines). 4:12 - The dangers of high-interest credit card debt (current rates around 20%). 9:19 - Listener question: Are there better alternatives to bonds in a portfolio? 11:52 - The myth of negative correlation: Bonds don't always move opposite to stocks. 14:30 - Real estate, commodities, private credit—are they good alternatives? (Mostly no.) 17:37 - Why hedge funds fail at providing a true alternative investment strategy. 18:24 - Listener question: Should an annuity be inside an IRA? (No, and beware of sales tactics.) 20:06 - A listener asks about tools to analyze asset allocation across different accounts. 23:32 - A caller asks about his mom's annuity; Fidelity gets called out for bad advice. 28:08 - The risks of annuities vs. safer alternatives like CDs. 31:41 - Listener question: Should I invest my cash-back rewards in Tesla or AVGE? (Tesla is a rollercoaster.) 34:29 - Individual stock risk: Why even major companies (like Walgreens) can collapse. 37:36 - Nostalgic discussion about financial talk radio, Bob Brinker, and Financial Fysics. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are focusing on choosing your words intentionally when describing your life. Language is a powerful tool that not only keeps humanity connected but creates the world we see around us. Simply put, words have power. Let's dive into to this truth and learn a few tips on how to change the words we use on this episode of LifeClub. LifeWork Based on this session, set aside at least 10 minutes, to complete and reflect on the following:   + Note, how you are physical feeling in your body  in this  moment when it comes to physical energy/sensations.  + Say the following 10 words out loud: Beautiful Free Prosperity Wonderful Awesome Grateful Confident Peaceful Advancement Stability + Now, check in and note how you are currently feeling after saying our list of words. Do you feel a difference? If so, journal what you are experiencing. If not, say them again, and check in.  + After doing so, come up with a list of your own words that describe how you would like to feel on a daily basis and words that describe experiences you would like to have. For example, let's say you would like to experience a healthy relationship with someone you love, describe what that relationship would look and feel like (i.e. peaceful, exciting, productive, and supportive, etc.). Do the same activity we just completed by checking in with how you physically feel in your body. Some words that describe physical sensations in the body include lighter, calmer, and energized, etc.) + Be sure to journal your experience.    About LifeClub The Podcast LifeClub w/ Tashima Jones is a feel-good podcast. It can be seen as a mini coaching session with Tashima, complete with LifeWork and action steps to take after the show. With listeners in over 10 countries across 6 continents, LifeClub the Podcast focuses on personal development and delivering practical tips & tools on building inner-wealth. About Tashima Jones Tashima Jones is an author, life coach, brand consultant, and founder of Connects (a philanthropic endeavor). Her debut book, Being Broke Made Me Rich, received reviews from the co-author of the New York Times best seller, The Millionaire Next Door, who happened to be her professor. As a Life Coach, she supports women who are ready to shift from survival mode to inner-wealth based living. Tashima holds a bachelor's degree in business & marketing, and studied psychology on a master's level but her greatest classroom has been personal life experience. She uses both her personal life (including her lowest moment after the degree, house, luxury car, and platinum wedding ring), and professional experience (in tech, wealth management marketing, luxury brand buying, real estate, and radio) to organically coach those who are desire authentic change in their lives.​

In this 15th solo episode, I break down the Trump-Zelensky Oval Office meeting—a masterclass in negotiation that most people missed. Zelensky showed up in a sweatshirt, trying to renegotiate a deal that was already set, a rookie mistake in any high-stakes discussion. Meanwhile, Trump stayed composed, navigating the subtle power plays and political maneuvering with Democrat senators. There's more to this meeting than meets the eye, and I get into all of it.I also dive into wealth and power dynamics, explaining why real wealth isn't about designer brands and flashy cars—it's about smart financial choices and quiet confidence. Drawing from The Millionaire Next Door, I reveal how most wealthy people drive modest cars like Toyotas and invest their money where it matters. I also explore the historical link between status, power, and reproductive success—because, like it or not, powerful men have always had more options.Plus, I get into lie detection, NPCs, how a small change in my appearance had people treating me way differently, arguing with idiots online, and much more.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3047: Having interviewed over 40 everyday millionaires, ESI of ESIMoney.com uncovers the key habits that lead to wealth. High income, disciplined saving, and early, consistent investing stand out as the core principles that set millionaires apart. Avoiding financial pitfalls and making smart money moves further accelerate their journey proving that financial success is more about mindset and discipline than luck. Read along with the original article(s) here: https://esimoney.com/lessons-from-millionaires/ Quotes to ponder: "Having a high income is a great asset. Even people with high incomes can spend it all, so while many millionaires have high incomes, they also have something more valuable: self-control to limit their spending." "Millionaires use this to their advantage. They invest early, often, and at high amounts. Then they let this money sit and compound (usually in index funds) year after year and decade after decade." "My challenge to you is to ask yourself which of the tips mentioned you are missing. Which of these can you attack and get just a bit better at over time?" Episode references: The Millionaire Next Door: https://www.amazon.com/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3047: Having interviewed over 40 everyday millionaires, ESI of ESIMoney.com uncovers the key habits that lead to wealth. High income, disciplined saving, and early, consistent investing stand out as the core principles that set millionaires apart. Avoiding financial pitfalls and making smart money moves further accelerate their journey proving that financial success is more about mindset and discipline than luck. Read along with the original article(s) here: https://esimoney.com/lessons-from-millionaires/ Quotes to ponder: "Having a high income is a great asset. Even people with high incomes can spend it all, so while many millionaires have high incomes, they also have something more valuable: self-control to limit their spending." "Millionaires use this to their advantage. They invest early, often, and at high amounts. Then they let this money sit and compound (usually in index funds) year after year and decade after decade." "My challenge to you is to ask yourself which of the tips mentioned you are missing. Which of these can you attack and get just a bit better at over time?" Episode references: The Millionaire Next Door: https://www.amazon.com/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3047: Having interviewed over 40 everyday millionaires, ESI of ESIMoney.com uncovers the key habits that lead to wealth. High income, disciplined saving, and early, consistent investing stand out as the core principles that set millionaires apart. Avoiding financial pitfalls and making smart money moves further accelerate their journey proving that financial success is more about mindset and discipline than luck. Read along with the original article(s) here: https://esimoney.com/lessons-from-millionaires/ Quotes to ponder: "Having a high income is a great asset. Even people with high incomes can spend it all, so while many millionaires have high incomes, they also have something more valuable: self-control to limit their spending." "Millionaires use this to their advantage. They invest early, often, and at high amounts. Then they let this money sit and compound (usually in index funds) year after year and decade after decade." "My challenge to you is to ask yourself which of the tips mentioned you are missing. Which of these can you attack and get just a bit better at over time?" Episode references: The Millionaire Next Door: https://www.amazon.com/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you want to be a millionaire? Wes dives into the fascinating trend of "mini millionaires" and uncovers the secrets to their success. He explores data from the Federal Reserve and the Wall Street Journal, revealing the common traits of those achieving millionaire status. Are they earning massive salaries? How much does education matter? He breaks down the key factors. Plus, he revisits the timeless wisdom of "The Millionaire Next Door" and how its core principles still apply today. Also, Wes shares three powerful investing lessons from an interview with the legendary John Bogle, founder of Vanguard. Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on the February 18, 2025, Ask an Advisor episode of the Clark Howard podcast. Submit your questions at clark.com/ask. We hope you enjoy our weekly Ask An Advisor episodes, in which Christa and Wes discuss investing and retirement savings in depth. Let us know what you think in the comments! Learn more about Wes: Wes Moss, CFP® Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Our guest on the podcast today is Dr. Preston Cherry. Dr. Cherry is the author of a new book called Wealth in the Key of Life: Finding Your Financial Harmony. He's also founder and president of Concurrent Wealth Management. In addition, he serves as Assistant Professor of Finance and Head of the Personal Financial Planning Program at the University of Wisconsin-Green Bay, where he also serves as the Director of the Charles Schwab Foundation Center for Financial Wellness. Prior to assuming his current roles, he served in lead and internal financial planning roles in institutional retirement sales. He has also served as co-investment manager at a Registered Investment Advisor and as a mutual fund wholesaler.BackgroundBioLife Money Balance podcastWealth in the Key of Life: Finding Your Financial HarmonySchwab Center for Financial WellnessThemes in Book“What Is Financial Freedom?” by Preston Cherry, concurrentfp.com, July 9, 2024.“Building Wealth With Gratitude: Essential Tips for Gen X,” Life Money Balance podcast, youtube.com, Nov. 26, 2024.“How to Retire Comfortably: Essential Financial and Emotional Tips for a Joyful Retirement,” by Preston Cherry, concurrentfp.com, Nov. 13, 2024.Other“Dr. Preston Cherry: ‘Money and Life Intertwined,'” The Long View podcast, Morningstar.com, Nov. 22, 2024.Songs in the Key of Life, Stevie Wonder album“Does Money Buy Happiness? Here's What the Research Says,” by Michele Berger, knowledge.wharton.upenn.edu, March 28, 2023.The Millionaire Next Door, by Thomas Stanley and William Danko

In this episode of Shed and Shine, Gino Wickman and Rob Dube tackle the often-taboo topic of money, exploring how entrepreneurs can achieve true financial freedom. Gino shares his journey to financial independence, warning about the risks of mismanagement and the emotional weight money carries.The discussion introduces three essential financial buckets—security, retirement, and risk—emphasizing the importance of budgeting, tracking expenses, and disciplined savings. They recommend classic books like The Richest Man in Babylon and The Millionaire Next Door to inspire practical financial habits and stress the value of understanding net worth while saving 10-30% of income.Gino reflects on his experience with a challenging startup partnership, where he walked away without compensation, guided by intuition and a commitment to alignment. This decision led to profound positive changes, reinforcing the importance of trusting one's inner compass. The episode encourages listeners to explore tools like the Entrepreneurial Leap Academy to align their financial and entrepreneurial paths. Chapters 00:00 Welcome to Shed and Shine01:46 The Coffee Shop Talk Concept02:52 Diving into Money Matters03:30 Understanding Financial Independence07:09 Practical Steps to Financial Freedom10:04 Emotional Connections to Money11:25 Navigating Partnerships and Business Dynamics15:00 The Power of Healthy Separation ABOUT THE 10 DISCIPLINESThe 10 Disciplines, founded by Gino Wickman and Rob Dube, is on a mission to help one million entrepreneurs - possible to be driven and have peace while making a bigger impact. We want to help you shed the barrier and layers that prevent you from creating the balance between impact and peace, and your True Self. Do you want to let your freak flag fly, and be your most authentic self at all times? Do you want to accomplish more without burning out, or doing a lot of damage to yourself (emotionally, physically, and mentally), and the relationships around you? Do you want to know the person beneath the identity you've created of work, accomplishments, and successes? If so, you're in the right place. You've put a lot of focus on your outer world. Let's start your inner world journey together. ⚡️ Join The 10 Disciplines Group Coaching Program: https://the10disciplines.com/group-coaching-program/ ⚡️ Take The True Self Assessment: https://the10disciplines.com/assessment CONNECT WITH US❤️ https://www.instagram.com/the10disciplines❤️ https://www.linkedin.com/company/the10disciplines/❤️ https://www.youtube.com/@The10Disciplines MORE RESOURCES TO HELP YOUR INNER WORLD JOURNEY❤️ https://the10disciplines.com/blog❤️ https://www.shedandshinepodcast.com ⭐️ https://the10disciplines.com/shine

In this episode of How to Invest in Commercial Real Estate, the guys dive deep into the popular book The Millionaire Next Door and explain why it's giving people the wrong idea about wealth. Time Stamps: 0:00 – Introduction 0:20 – Welcome back to the best podcast in Jenks, Oklahoma 0:33 – Quick updates: Aspen Dental, Grand Rapids, and new deals 1:13 – $600K in Q4 distributions to investors 2:04 – Why The Millionaire Next Door doesn't align with our goals 2:50 – Breaking down the book's premise: Who is the average millionaire? 4:41 – The problem with living below your means as a path to wealth 5:56 – Why saving isn't enough to achieve the millionaire lifestyle 8:13 – Focus on income growth and high returns instead of frugality 10:00 – Set bigger goals: $10 million instead of $1 million 12:33 – Passive income vs. net worth: What should your real goal be? 15:39 – Final thoughts: Don't let frugality keep you from chasing your dreams *Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!** https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290 Leave a review and win FREE MERCH! https://maps.app.goo.gl/QaaSZnQVWre1HUMH6 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list CommercialRealEstate #WealthBuilding #PassiveIncome #MillionaireMindset #FinancialFreedom #InvestingInRealEstate #CashFlow #FrugalityMyths #TheMillionaireNextDoor #RealEstateInvesting #FinancialIndependence #IncomeGrowth #BuildingWealth #CommercialInvestments #InvestSmarter

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3013: J. Money breaks down Mark Cuban's no-nonsense approach to getting rich, emphasizing discipline, smart spending, and having cash ready for opportunities. Cuban warns against get-rich-quick schemes, promotes lifelong learning, and challenges conventional retirement savings by prioritizing cash liquidity over long-term stockpiling. J. Money adds his own insights, making wealth-building feel practical, strategic, and achievable. Read along with the original article(s) here: https://www.budgetsaresexy.com/mark-cuban-how-to-get-rich/ Quotes to ponder: "There are no shortcuts. NONE. If a deal is a great deal, they aren't going to share it with you." "Save as much money as you possibly can. Every penny you can. no matter what." "It doesn't matter what it is. Whatever your hobbies, interests, passions are, find the one you love the best and GET A JOB in the business that supports it." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3013: J. Money breaks down Mark Cuban's no-nonsense approach to getting rich, emphasizing discipline, smart spending, and having cash ready for opportunities. Cuban warns against get-rich-quick schemes, promotes lifelong learning, and challenges conventional retirement savings by prioritizing cash liquidity over long-term stockpiling. J. Money adds his own insights, making wealth-building feel practical, strategic, and achievable. Read along with the original article(s) here: https://www.budgetsaresexy.com/mark-cuban-how-to-get-rich/ Quotes to ponder: "There are no shortcuts. NONE. If a deal is a great deal, they aren't going to share it with you." "Save as much money as you possibly can. Every penny you can. no matter what." "It doesn't matter what it is. Whatever your hobbies, interests, passions are, find the one you love the best and GET A JOB in the business that supports it." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3013: J. Money breaks down Mark Cuban's no-nonsense approach to getting rich, emphasizing discipline, smart spending, and having cash ready for opportunities. Cuban warns against get-rich-quick schemes, promotes lifelong learning, and challenges conventional retirement savings by prioritizing cash liquidity over long-term stockpiling. J. Money adds his own insights, making wealth-building feel practical, strategic, and achievable. Read along with the original article(s) here: https://www.budgetsaresexy.com/mark-cuban-how-to-get-rich/ Quotes to ponder: "There are no shortcuts. NONE. If a deal is a great deal, they aren't going to share it with you." "Save as much money as you possibly can. Every penny you can. no matter what." "It doesn't matter what it is. Whatever your hobbies, interests, passions are, find the one you love the best and GET A JOB in the business that supports it." Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Join 250K readers (20% of which have hit 7 figures) who are already building a brighter financial future - subscribe now. Sign up at readthejoe.com/subscribe-swap Learn more about your ad choices. Visit megaphone.fm/adchoices

Building a financially free life is a journey that takes time, dedication, and, most importantly, financial education. Understanding your finances is a crucial step towards a secure future. It's not just about learning the lessons but also about putting them into practice. Taking a proactive approach to financial literacy is one of the most important decisions you can make for your life and future.   Links: Financial Books to explore: The Psychology of Money, The Millionaire Next Door, & The Richest Man in Babylon Explore the TCU University course catalog for educational webinar videos Check out TCU University for financial education tips and resources!  Follow us on Facebook, Instagram and Twitter!  Learn more about Triangle Credit Union Transcript: Welcome to Money Tip Tuesday from the Making Money Personal podcast.    Education is a powerful tool that empowers us to make significant changes in our lives. As Benjamin Franklin wisely said, "An investment in knowledge pays the best interest." When it comes to financial knowledge, the interest you gain is not just figurative; it's a real sense of control and confidence over your financial future. This empowerment is the key to unlocking your financial potential.    If you're ready to level up your financial game, there's a reliable way to get started. It's all about actively learning about money and finance; the good news is that anyone can do it.    Here are a few ways to get proactive about your financial education this year.   Read or listen to finance books. Various books have been published over the years that offer excellent financial advice and strategy. Plus, more are published every day. A simple Google search will bring up long lists of top financial books that could change your life. Start with one, but don't stop there. With finance books, the more you read, the better. Different authors provide all kinds of insights and experiences they weave into their financial philosophy, so the more exposure you get to various points of view and perspectives, the more you'll learn from a bigger pool of knowledge and will be more likely to strategize and build a customized plan for your specific financial situation. Some of my personal favorites are The Psychology of Money, The Millionaire Next Door and the Richest Man in Babylon. Take online courses or in-person workshops. Books are great for building knowledge, but online courses and live workshops provide carefully developed activities and worksheets to help you practice hands-on action plans. They also offer opportunities to engage with a teacher or professor who can answer questions and guide your situation. Explore Triangle's Financial Literacy course catalog for free webinars you can watch on your own time. We cover topics like getting out of debt, budgeting, preparing for an auto purchase, and buying your first home. We will continue to add new lessons, so check TCU University for regular updates.   Practice is key to financial learning. As the saying goes, practice makes perfect. But if, at first, you don't succeed, try, try again. You can read all the books and take all the courses, but all that knowledge won't work if you don't implement it. This is where the rubber meets the road. If you've been holding back from getting active with your finances, now's the time to jump in. We learn some of our best lessons through experience. You won't know everything when you start, and that's okay. Taking action is part of the learning process. Try out the lessons you've learned and test the theories you've read about by applying them in your own life. Get that budget together and work it out. You've got this!   Here are a couple of extra tips for those interested in putting their financial education and knowledge into practice.  First, it means paying attention to your money. Check it often. Give it the attention it needs. Know how much money you have in your accounts, credit balances, debt balances, credit score, and net worth (the total value of your assets minus your liabilities). Know how much money you bring in monthly and how much you spend on groceries.  Second, do the math and do it often. Get really familiar with a calculator. Use your phone or computer to calculate important balances to stay on track. Calculate how much you'll have in your accounts once you pay a bill, and do the math on how much more you will save if you increase your retirement contributions by 1%. Get familiar with calculating interest rates and payment amounts so you know exactly how much you'll pay over a year. If there's a number you don't know pertaining to your finances, find it out. You'll always be better off knowing more about your money than not knowing enough.    Third, explore and use financial tools to your advantage. Financial institutions invest a lot of time and money into providing easy and available tools to help you organize, manage, and track your money. Your bank likely already offers tools like budgeting apps, automated bill payments, and credit score trackers to help you set and track goals, automate payments, and provide alerts that keep you in the know. All you have to do is use them. Explore the interfaces and features and get familiar with how they work. You may discover they'll save you time and empower you to advance farther than you initially thought possible.   If there are any other tips or topics, you'd like us to cover, let us know at tcupodcast@trianglecu.org.  Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts.   Thanks for listening to today's Money Tip Tuesday and check out our other tips and episodes on the Making Money Personal podcast.   Have a great day! 

Unlock the secrets to personal and financial success in 2025 with our top book recommendations! This episode promises to arm you with insights from classics like "The Obstacle is the Way" by Ryan Holiday and "Atomic Habits" by James Clear, guiding you in mastering your emotions and forming habits that last. Strengthen your social skills with Dale Carnegie's time-tested wisdom on building meaningful relationships. These influential reads aren't just books—they're your roadmap to a more successful and fulfilling life.   We also delve into the art of personal freedom and integrity with "The Four Agreements," teaching you to shed the weight of others' opinions and live authentically. On the financial front, "The Millionaire Next Door" offers timeless strategies for genuine wealth-building, steering you away from superficialities toward true financial stability. Join the conversation and become part of our community at escapingthedrift.com, where we're eager to hear your thoughts and stories. Share your journey with us and prepare for more insightful discussions in our upcoming episodes!  

Chapter 1:Summary of The Millionaire Next Door"The Millionaire Next Door: The Surprising Secrets of America's Wealthy" by Thomas J. Stanley and William D. Danko is a groundbreaking study that analyzes the habits, behaviors, and characteristics of millionaires in the United States. The authors conducted extensive research, including interviews and surveys of millionaires, to debunk common myths about wealth and to provide insights into how ordinary people achieve financial success. Key Points:1. Wealth Accumulation vs. Income: The authors emphasize that many millionaires are not high-income earners; instead, they are individuals who prioritize saving and investing over lavish spending. They often live well below their means.2. Key Characteristics of Millionaires:- Frugality: Many millionaires practice frugality and make conscious decisions to spend less than they earn. They avoid debt and focus on long-term financial strategies rather than short-term gratification.- Investment and Asset Growth: The wealthy tend to invest their money wisely, often in assets that appreciate over time, such as real estate and stocks.- Hard Work and Discipline: The book highlights that many millionaires attribute their wealth to hard work, discipline, and a strong work ethic.3. Lifestyle Choices: Millionaires often live in modest homes, drive less expensive cars, and avoid conspicuous consumption. Their lifestyle choices reflect their values around wealth and success.4. Planning and Goal Setting: Successful millionaires typically set clear financial goals and make meticulous plans to achieve them. They focus on building wealth over time rather than seeking instant gratification.5. Financial Education: The authors stress the importance of financial literacy and education in achieving wealth. Many of the individuals studied have taken the initiative to learn about finance, investing, and business.6. Family Influence and Values: Family plays a significant role in shaping attitudes towards wealth. Many millionaires come from families that emphasized the importance of hard work, education, and financial responsibility. Conclusion:"The Millionaire Next Door" challenges stereotypes about wealth, illustrating that many millionaires are not the flashy, extravagant individuals often portrayed in media. Instead, they are hardworking, disciplined individuals who prioritize savings and investment. The book serves as a practical guide for anyone looking to understand wealth-building principles and adopt habits that can lead to financial success.Chapter 2:The Theme of The Millionaire Next Door"The Millionaire Next Door: The Surprising Secrets of America's Wealthy" by Thomas J. Stanley and William D. Danko primarily focuses on the behaviors, habits, and characteristics of affluent individuals in America. The book is less about a traditional narrative with a plot and characters, as it is based on research and interviews with wealthy individuals. However, it does present key themes and insights that can be analyzed similarly to character development and plot points in a narrative. Key Points:1. Wealth vs. Income:- One of the central themes is the distinction between wealth (assets) and income (earnings). Many millionaires are not those with high incomes but rather those who save diligently and live below their means.2. Characteristics of Millionaires:- The authors conducted surveys and research to outline common traits among millionaires, such as financial independence, thriftiness, and a strong work ethic. Many millionaires tend to be self-employed, indicating a preference for entrepreneurship.3. Frugality:- Frugality is emphasized as a common trait among the wealthy. They often prioritize saving and investing over spending on luxury items. Millionaires...

Meditation is not the absence of thought, but the ability to consider a thought long enough for it to become reality. For this week's 1 - Minute Meditation, we are focusing on Choice. Connect with me: Courses: https://www.tashimajones.com/lifeclub Coaching: https://www.tashimajones.com/coaching Branding: https://www.tashimajones.com/branding LinkedIn: https://www.linkedin.com/in/tashimajones IG: https://www.instagram.com/tashimajonesmedia About Tashima Jones Tashima Jones is an author & self-care coach for women who desire the ability to practice self-worth in their daily lifestyle. At her lowest moment (after the degree, house, luxury car, and platinum wedding ring), she found her true self and genuine happiness. Tashima has engaged with therapists, creatives, influencers, entrepreneurs, and millionaires as an on-air radio host/producer covering wealth, mindset, and personal development. Her debut book, Being Broke Made Me Rich, received reviews from the co-author of the New York Times best seller, The Millionaire Next Door, who happened to be her professor. Through experience in tech, wealth management marketing, luxury brand buying, and real estate, she discovered that her lifework is to equip you with helpful tools on finding your personal path of fulfillment. She holds a bachelor's degree in business and studied psychology on a master's level but her greatest classroom has been personal life experience. Tashima's organic and holistic approach to coaching dives into your life experience, core values, and core beliefs in order to support you in setting and reaching desired goals. -- The Content is not intended to be a substitute for professional medical advice, diagnosis, or treatment. Voice/Words © Tashima Jones / Tashima Jones Media, LLC  || Music: Present/Ikson Or Spring.

"The Surprising Secrets of America's Wealthy"

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2950: Focusing on just one powerful financial habit, like maxing out retirement contributions or paying off a mortgage, can lead to significant wealth over time. J. Money emphasizes that simplicity, not complexity, drives financial success it's about taking consistent, impactful action. Read along with the original article(s) here: https://budgetsaresexy.com/power-doing-one-financial-thing/ Quotes to ponder: “Sometimes simple isn't easy, but it can change your life.” “Focus on one thing and master it; wealth will follow.” “There's no wizardry to wealth just big, simple steps taken with persistence.” Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/dp/1589795474 The Automatic Millionaire: https://www.amazon.com/Automatic-Millionaire-One-Step-Financial/dp/0767923820 I Will Teach You to Be Rich: https://www.amazon.com/Will-Teach-You-Be-Rich/dp/0761147489 The Richest Man in Babylon: https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/0451205367 Essentialism: https://www.amazon.com/Essentialism-Disciplined-Pursuit-Greg-McKeown/dp/0804137382 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2950: Focusing on just one powerful financial habit, like maxing out retirement contributions or paying off a mortgage, can lead to significant wealth over time. J. Money emphasizes that simplicity, not complexity, drives financial success it's about taking consistent, impactful action. Read along with the original article(s) here: https://budgetsaresexy.com/power-doing-one-financial-thing/ Quotes to ponder: “Sometimes simple isn't easy, but it can change your life.” “Focus on one thing and master it; wealth will follow.” “There's no wizardry to wealth just big, simple steps taken with persistence.” Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/dp/1589795474 The Automatic Millionaire: https://www.amazon.com/Automatic-Millionaire-One-Step-Financial/dp/0767923820 I Will Teach You to Be Rich: https://www.amazon.com/Will-Teach-You-Be-Rich/dp/0761147489 The Richest Man in Babylon: https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/0451205367 Essentialism: https://www.amazon.com/Essentialism-Disciplined-Pursuit-Greg-McKeown/dp/0804137382 Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we're diving into The Millionaire Next Door Mindset—and trust me, it's not what you think. Sam and I get real about what it takes to build financial security without falling into the trap of flashy spending or societal pressure.We talk about the small, daily decisions that add up to big results, the power of delayed gratification, and how aligning your financial goals with your life values can create lasting freedom. Plus, we share some personal stories (and lessons learned) along the way.So, are you ready to shift your mindset and take control of your financial future? Let's get into it!Support the showDOWNLOAD THE FREQ APP:www.thefreqapp.com VISIT THE SHOP:www.thebeckonsouk.com CONNECT ON SOCIAL:Instagram: @beckonliving, @jaclynsteele, @samthurmond_reiTikTok: @beckonliving JOIN THE HIGH FREQUENCY SOCIETY:Text us at 480-531-6858 and type the word FREQUENCY to receive periodic uplifting, high frequency text messages from Sam and Jaclyn. You can also join by following this link. NEWSLETTER:Sign up! WEBSITE:www.beckonliving.com

Some local cops & an attorney have gone bad, thoughts on the Tyson/Paul fight, & plenty of out-of-state types are moving to Chattanooga, so what does that mean for me? et al.

Ready to Dive into Financial Independence? A Hang 10 with Doug Nordman!This episode of The NoteClosure Show is totally rad, dudes and dudettes! We're hanging ten with Doug Nordman, a retired Navy submariner who's not only achieved financial independence but also manages to squeeze in daily surf sessions. Seriously, this guy's life is the ultimate blend of discipline, smart investing, and catching some serious waves. Forget the boring old retirement – Doug's showing us how to live the dream!This isn't your grandpappy's finance podcast. We're deep-diving into practical strategies, sharing actionable tips, and even dropping some military slang (because, why not?). Get ready to become a financial SEAL team and master the art of wealth building!Here's the lowdown on what we covered:From Submarines to Surfing (and Financial Freedom): Doug shares his incredible journey from active duty in the U.S. Navy Submarine Force to achieving financial independence at age 41. He's proof that even with the often-chaotic life of a military member, financial freedom is totally attainable! (Hint: High savings rate and not spending a lot of money at sea was key!)The Power of Planning (and a Healthy Transition Fund): Doug stresses the importance of a strategic exit plan from active duty, similar to a well-executed military operation, including a hefty transition fund. This isn't about waiting until retirement to start thinking about it; it's about having a solid plan from day one! This will keep your finances from ending up sleeping under a highway overpass! Sweat Equity and Smart Investing: Doug and his wife built wealth not just through high savings but also through smart home improvements and investing during periods of market downturn. They utilized the strategy of finding a property in need of some TLC, putting in sweat equity, and patiently waiting for the market to appreciate their value. Think of it as a home improvement project and a long-term investment, all rolled into one!The "Millionaire Next Door" Approach: Doug discusses the importance of mindful spending and living a life aligned with your values. He emphasizes building wealth without following the Joneses, a concept explored in the book, Millionaire Next Door, which he highly recommends. (Forget the shiny new pickup truck; consider a slightly used, reliable one to save your cash for surfing!)Legacy Planning and Family: Doug's discussion about his legacy planning shows how important it is to consider how your wealth will support family and friends. He shares practical guidance on sharing the wealth with loved ones and building a solid foundation for the next generation!Bonus points: We'll be mentioning some awesome books and resources that Doug has mentioned in the episode. So if you're looking to boost your financial knowledge and live the dream, stay tuned to the end! Plus, we'll drop some links to Doug's website and social media. This way, you can connect with him directly and ask your burning financial questions!Don't miss out on this action-packed episode. Hit that subscribe button and let's ride the wave to financial freedom!CONNECT WITH DOUG HERE!Watch the original VIDEO HERE!Book a call with Scott HERE!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Private markets are no longer just for the financial elite—they're now within reach of individual investors. But how do you make the most of this opportunity without missing out on serious growth? This week on The Millionaire Next Door, Bob Long, CEO of StepStone Private Wealth, explains how innovative structures like evergreen funds are making … Read More Read More

On this episode of The Table with Anthony ONeal, we discuss the five essential financial steps to take before turning 50 to set yourself up for lasting wealth. From maximizing retirement contributions to managing debt strategically, each tip is designed to help you achieve financial security and growth. Whether you're already on track or just beginning, today's show provides practical insights to empower you to make smart, impactful financial moves, ensuring you're well-prepared for a prosperous future. Don't miss these vital wealth-building strategies!Mentioned On Today's Show:

Ever wonder why some people seem to thrive financially, regardless of income? Join us as Monica Kaufman, Certified Financial Planner and financial educator, breaks down the secrets to building sustainable wealth. From understanding money archetypes to transforming income into generational wealth, Monica shares practical strategies and insights into the often-misunderstood relationship between money and wealth. She reveals the financial traps to avoid, the essentials of financial literacy, and the importance of an intentional money mindset. To connect with Monica, visit her website: https://www.harmonywealthacademy.com/ To check out the YouTube (video podcast), visit: https://www.youtube.com/@drchrisloomdphd To check out the books, "The Millionaire Next Door" and "Rich Dad Poor Dad", visit Amazon (affiliate): https://amzn.to/3CoRZ3y https://amzn.to/3YN2QM2 Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show.   Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd If you enjoyed the audio and video quality of this episode, enhance your own productions by signing up through our Descript affiliate link: https://get.descript.com/gaei637mutik Click here to check out our Amazon product of the day (affiliate): https://amzn.to/4hTv80q We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Spotify- https://podcasters.spotify.com/pod/show/christopher-loo/support Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to check out our e-courses and bookstore here: https://www.drchrisloomdphd.com/shop Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p For audiobooks, visit: https://www.audible.com/author/Christopher-H-Loo-MD-PhD/B07WFKBG1F Follow our YouTube channel: https://www.youtube.com/chL1357 Follow us on Twitter: https://www.twitter.com/drchrisloomdphd Follow us on Instagram: https://www.instagram.com/thereal_drchrisloo Follow us on Threads: https://www.threads.net/@thereal_drchrisloo Follow us on TikTok: https://www.tiktok.com/@drchrisloomddphd Follow our Blog: https://www.drchrisloomdphd.com/blog Follow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18 Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1 Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphd Subscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233 Subscribe to our email list: https://financial-freedom-for-physicians.ck.page/b4622e816d Thank you to all of our sponsors and advertisers that help support the show! Financial Freedom for Physicians, Copyright 2024 --- Support this podcast: https://podcasters.spotify.com/pod/show/christopher-loo/support

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2929: ESI of ESIMoney.com explores the age-old debate of spending less versus earning more for financial success. Both strategies are essential: spending less yields immediate benefits, while earning more increases financial freedom over time. True financial growth comes from maximizing the gap between income and expenses by controlling spending and boosting earnings. Read along with the original article(s) here: https://esimoney.com/spending-less-versus-earning-more/ Quotes to ponder: “Earning more without controlling spending is a waste.” “The real magic happens when you raise income AND cut expenses.” “Decide what's important to you and spend on that (in moderation).” Episode references: The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of The Table with Anthony ONeal, we share why acting broke could be the smartest move toward achieving true wealth. AO breaks down how adopting a “thrifty” mindset can help you escape the paycheck-to-paycheck trap. He shares keys to financial freedom, long-term peace of mind, and attracting genuine, like-minded people into your life. Today you'll learn how focusing on disciplined saving, mindful spending, and strategic planning can help you overcome the pressures of appearances, creating lasting success that will pave the way for wealth and security tomorrow.Mentioned On Today's Show:

Private-equity firms are spending millions of dollars to purchase HVAC, plumbing and electrical companies. Wall Street Journal reporter Te-Ping Chen joins host J.R. Whalen to discuss how it is boosting income for some skilled tradespeople as well as how it impacts services they provide to consumers. Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2885: Paula Pant challenges the traditional freelancer's mindset, emphasizing that true freedom comes from owning assets rather than merely being self-employed. Drawing inspiration from Robert Kiyosaki's Cashflow Quadrant, Pant encourages a shift from trading time for money to creating self-sustaining wealth through smart investments, ultimately achieving a life where work becomes optional. Read along with the original article(s) here: https://affordanything.com/owner-mindset/ Quotes to ponder: "Freedom isn't ‘being your own boss' - it's the ability to fire any boss, including yourself." "Wealth is measured in time, not dollars." "Self-employment is great, but not needing employment (self or otherwise) is the true goal." Episode references: The Millionaire Next Door by Thomas J. Stanley and William D. Danko: https://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/dp/1589795474 Cashflow Quadrant by Robert Kiyosaki: https://www.amazon.com/Cashflow-Quadrant-Robert-T-Kiyosaki/dp/1612680054 Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of The Table with Anthony ONeal, we share the crucial steps for building generational wealth. You'll learn the importance of seeking wisdom and applying knowledge, the benefits of paying off consumer debt, and the significance of starting to invest in your wealth accounts. These steps will help you make smart investment choices and lay the foundation for a secure financial future. Tune in to discover how to achieve lasting financial freedom and create a legacy for generations to come!Mentioned On Today's Show: