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Today on the podcast, we welcome back Jonathan Clements. Jonathan was one of our first guests when we launched this podcast, and today marks his third appearance. He's the founder and editor of HumbleDollar, and he has written or edited several books about money and investing, including My Money Journey and How to Think About Money. Earlier in his career, Jonathan spent almost 20 years at The Wall Street Journal, where he was the newspaper's personal finance columnist and six years at Citigroup, where he was director of financial education for the bank's US Wealth Management arm. This past June, Jonathan shared his devastating recent cancer diagnosis, and he's been writing candidly about the experience on HumbleDollar. We'll link to those posts in the show notes. I wanted to conduct today's interview solo because Jonathan's work has been hugely influential to me personally, and he also wrote the foreword to my forthcoming book. I couldn't be more grateful.BackgroundBioHumbleDollar“Jonathan Clements: ‘It's in Wall Street's Interest to Make Everyday Investors Think That They Are Stupid,'” The Long View podcast, Morningstar.com, July 31, 2019.“Jonathan Clements: ‘Humility Is a Hallmark of People Who Are Financially Successful,'” The Long View podcast, Morningstar.com, Dec. 26, 2023.BooksMy Money Journal: How 30 People Found Financial Freedom—And You Can TooFrom Here to Financial Happiness: Enrich Your Life in Just 77 DaysHow to Think About MoneyArticles“Turned Upside Down,” by Jonathan Clements, humbledollar.com, Oct. 5, 2024.“Never Quite Enough,” by Jonathan Clements, humbledollar.com, Sept. 21, 2024.“Opinion: Living Was Easy. Dying Is Harder,” by Jonathan Clements, washingtonpost.com, Aug. 28, 2024.OtherHow to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirement, by Christine Benz, Forward by Jonathan ClementsEGFR Exon 20 Insertion Mutation and Lung Cancer“FDA Approves Amivantamab-vmjw for EGFR Exon 20 Insertion-Mutated Non-Small Cell Lung Cancer Indications,” fda.gov, March 1, 2024.“Jonathan Guyton: What the Crisis Means for Retirement Planning,” The Long View podcast, Morningstar.com, June 17, 2020.“Bill Bernstein: Revisiting the Four Pillars of Investing,” The Long View podcast, Morningstar.com, July 11, 2023.“Jason Zweig: Temperament Is Everything for Most Investors,” The Long View podcast, Morningstar.com, June 29, 2021.
On today's Special Edition, Clark welcomes longtime friend and colleague, Jonathan Clements. A London born, Cambridge University graduate, financial writer Jonathan Clements is the founder and editor of HumbleDollar.com and author of "From Here to Financial Happiness," "How to Think About Money" and seven other books. His vast experience and contributions include serving as financial education director and teacher in various capacities, and as the personal finance columnist for The Wall Street Journal. Mentioned on the show: HumbleDollar: Home Humble Dollar - The C Word NY Times - A Money Guru Bet Big on a Very Long Life. Then He Got Cancer. Washington Post - Opinion Living was easy. Dying is harder. Living Will and Durable Power of Attorney: Frequently Asked Questions Wills & Funerals Archives - Clark Howard Have a Kid in College? You Need These Legal Documents in Place Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices
improve it! Podcast – Professional Development Through Play, Improv & Experiential Learning
Dr. Darnyelle Jervey Harmon is a business consultant, keynote speaker, and corporate trainer whose “it” in life is to demystify money so that people can walk into their wealth in abundance. In today's episode, Dr. Darnyelle shares her Million Dollar Mindset ways of thinking to get you unstuck, paid for your true value, and detached from what's not meant for you in the long-run. Dr. Darnyelle also shares: Her journey to trust herself again Why the way you see money is a reflection of the way you see yourself One easy way to get money to “move” when it is not flowing to you If you're looking for a fresh perspective on your financial world—this is the episode for you. Special sprinkles on top of this episode: Why purple is Dr. Darnyelle's safe haven The power of setting alarms on your phone throughout the day that say, “What would abundance do?” If you liked this episode, you can keep the party going with: Episode 202: Self Worth = Net Worth: How to Live in Abundance Show Links: Did today's episode resonate with you? Leave us a review sharing something Dr. Darnyelle said that's sticking with you and we'll send you a free signed copy of I See You! A Leader's Guide to Energizing Your Team through Radical Empathy. Have a question about trust this month that we can answer? (ie, “How can I actually trust in what's meant for me in order to be more successful in my career?”) Leave us a Speakpipe audio clip and we'll answer it in an upcoming episode. Connect with Dr. Darnyelle: Dr. Darnyelle's personal website Dr. Darnyelle's company website Dr. Darnyelle's LinkedIn Connect with Erin Diehl x improve it!: Erin's website Erin's Instagram Erin's LinkedIn improve it!'s website improve it!'s Instagram
You deserve to have the abundance you truly want: https://www.affirmationtomanifestation.com/abundance I also invite you to have a look at the individual Coaching & Hypnosis Sessions I offer: https://www.affirmationtomanifestation.com/coaching
Did you know it is possible for you to follow biblical principles about money (tithing, paying off debt, etc.) while still idolizing money in your heart? In this episode, Shawn shares how, in order to honour God with our money, we need to think like Jesus by looking deeper into our heart's motivations behind how we manage our finances.
Why should we change the way we think about money? In this episode, Adam Torres and Tony Steuer, Author, Podcaster and Financial Preparedness Advocate, explore how people can take control of their financial futures and Tony's book, "Get Ready!: A Step-by-Step Planner for Maintaining Your Financial First Aid Kit." Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule. Apply to be a guest on our podcast: https://missionmatters.lpages.co/podcastguest/ Visit our website: https://missionmatters.com/ More FREE content from Mission Matters here: https://linktr.ee/missionmattersmedia
Why should we change the way we think about money? In this episode, Adam Torres and Tony Steuer, Author, Podcaster and Financial Preparedness Advocate, explore how people can take control of their financial futures and Tony's book, "Get Ready!: A Step-by-Step Planner for Maintaining Your Financial First Aid Kit." Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule. Apply to be a guest on our podcast: https://missionmatters.lpages.co/podcastguest/ Visit our website: https://missionmatters.com/ More FREE content from Mission Matters here: https://linktr.ee/missionmattersmedia
It can become easy to ask ourselves, “How can I get more?” We all desire to live securely, but Jesus also wants us to think about how we can honor God and be generous to others. This weekend, Pastor Jeff shares about the principle of stewardship and how it can affect how we live our lives in a powerful way.--- Pastor Jeff LittleInteractive message notes for this message: https://notes.subsplash.com/fill-in/view?page=HkkmvHZKRReaching People. Building Lives. Milestone Church is located in Keller, TX, with multiple locations in the Dallas/Fort Worth Metroplex, as well as streaming live online each weekend.We invite you to join us live each weekend at live.milestonechurch.com.——Stay Connected with Milestone ChurchWebsite: https://milestonechurch.comMilestone Church Facebook: https://www.facebook.com/milestonechurchMilestone Church Instagram: https://www.instagram.com/milestonechurchPastor Jeff Little Facebook: https://www.facebook.com/pastorjefflittlePastor Jeff Little Instagram: https://www.instagram.com/jefflittleResources that will help you grow: https://resources.milestonechurch.com——
Is everything you've ever thought about money wrong? Renee is back this week with part 2 of exposing money myths and yet again challenging the beliefs you have about money. In this episode, you'll start to break free from the limits you've placed on what you're worthy of earning and most importantly...break free from what other's may think of you. You'll also learn the real way to create exponential wealth in your life (which is far more simple than you may think). Renee doesn't waste any time so listen to this episode in full where she covers: The importance of not limiting what you can earn because of what others may think Why money isn't created by a paycheck but instead by your mind and the the value you provide to others Why you have to break free from the idea that money only comes from hard work to see wealth flow to you freely
Is money inherently evil? Does spending money make us materialistic? Is it always wrong to accumulate wealth? What is the role of money in our lives – especially when we're on the spiritual path? In this week's show, Richard addresses some of the all too common misconceptions about money, wealth and the spiritual path. *** Join international bestselling author Richard Lawrence to discover the wisdom of The Nine Freedoms. Richard has appeared on hundreds of radio shows around the world and is the author of 11 books including Contacts With The Gods From Space and Realize Your Inner Potential, both of which he co-authored with Master of Yoga Dr. George King – his spiritual master.
How to Split a Toaster: A divorce podcast about saving your relationships
Navigating High Net Worth Divorce with Patrick KilbaneIn this episode of How to Split a Toaster, Seth and Pete dive into the complexities of high net worth divorce with special guest Patrick Kilbane. As a wealth advisor and former family law attorney, Pat brings unique insights on how to think about your money before, during, and after divorce, especially if you fall into the high net worth category.Seth and Pete explore key financial considerations in high net worth divorces, such as dividing complex assets, understanding tax implications, and planning for your long-term financial future. Patrick shares his expertise on helping clients make informed decisions that align with their goals, even during the emotionally challenging process of divorce.Questions we answer in this episode:How do you think about money during and after a high net worth divorce?What are common financial blind spots for high net worth individuals going through divorce?How can a wealth advisor help navigate the complexities of high net worth divorce?Key Takeaways:It's crucial to understand the long-term financial implications of divorce settlement decisions.Working with a wealth advisor can empower you to make informed choices about your future.Dividing assets in a high net worth divorce requires careful consideration of tax consequences.This episode is a must-listen for anyone facing a high net worth divorce and looking to make smart financial decisions. Seth, Pete, and Patrick offer valuable insights and practical advice to help you navigate this challenging process and set yourself up for long-term financial success.Links & NotesPatrick's book Move Forward ConfidentlyVisit Patrick on the web or LinkedInSchedule a consult with SethGot a question you want to ask on the show? Click here! (00:00) - Welcome to How to Split a Toaster (00:26) - Meet Patrick Kilbane (02:02) - Patrick's Background (04:45) - How to Think About Money (10:47) - What Usually Happens in High Net Worth Cases (11:39) - Sophistication Gap (16:38) - Leeway in Framing Items in Affidavit (21:04) - Common Questions (32:12) - First Things to Do (39:20) - Long Term Incentive Plans (42:16) - Patrick's Book and Contact Info (45:11) - Wrap Up
Today we're rerunning our episode with Jonathan Clements who is a dear personal friend and a friend of our community. He recently posted on his blog, HumbleDollar, about his final lap around the sun yesterday. Let's send him our love.
Jesse begins today's episode with a short monologue on the highs and lows of money. Can money buy happiness? Or are they uncorrelated? Either way, money can certainly buy flexibility and optionality. Jesse collects insights from Thom Yorke, Matthew Killingsworth, Danny Kahneman, and Angus Deaton. Today's guest is Jonathan Clements, the founder and editor of Humble Dollar, the author of My Money Journey and How to Think About Money. Clements spent nearly 20 years at the Wall Street Journal as their lead personal finance columnist. He shares why we need financial goals that fulfill us, why he plans to continue working, and how we can plan financially for retirement, but why that shouldn't be the end goal of our financial journey. If you're interested in long-term financial planning that will set yourself up for success, then this is the episode for you! Key Takeaways: • How to strike the balance between spending and saving. • Why you can never know what you'll really want in the future. • We need personal fulfillment goals, not just financial goals. • Jonathan's retirement plan is ICE over FIRE. • How to invest not only for retirement, but also for your heirs' inheritance. Key Timestamps: (01:54) Jesse's monologue: Can money buy happiness? (09:15) Introduction to Jonathan Clements (10:30) My Money Journey (12:40) Switching from saver to spender (15:50) We can't predict the future (21:43) 8 traits successful people have in common (24:25) ICE: I'll Continue Earning (28:46) Annuities and Social Security (36:29) Setting the next generation up for success (44:40) Close Key Topics Discussed: The Best Interest, Jesse Cramer, Rochester New York financial planning, immediate fixed annuities, lifetime income annuities, equity and indexed annuities, Roth IRA, Social Security, retirement wealth planning Mentions: Website: https://humbledollar.com/ Jesse's Radiohead article: https://humbledollar.com/2024/05/happy-conclusion/ LinkedIn: https://www.linkedin.com/in/jonathanclements/ How to Think About Money: https://amzn.to/3yHtlth My Money Journey: How 30 people found financial freedom - and you can too: https://amzn.to/3Kw91NO More of The Best Interest: Check out the Best Interest Blog at bestinterest.blog Contact me at jesse@bestinterest.blog The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.
A new MP3 sermon from Enjoying the Journey is now available on SermonAudio with the following details: Title: How to Think About Money Speaker: Scott Pauley Broadcaster: Enjoying the Journey Event: Podcast Date: 3/14/2019 Length: 10 min.
Building a successful orthodontic practice takes dedication, expertise, and yes, financial savvy. But at the end of the day, we are all looking for true financial freedom.The key to wealth creation is understanding the time value of money. The sooner you invest, the more time your money has to grow.Even small amounts invested early on can snowball into significant wealth over time.The OSO model gives you access to significant earning potential upfront that you wouldn't have as a solo practitioner.Think about it – wouldn't a lump sum upfront, strategically invested, potentially lead to far greater financial rewards over time?Tune in to this 5-minute episode to learn more!Key TakeawaysIntro (00:00)Differences in how the poor, middle class, and wealthy view money (00:47)The importance of the time value of money (01:28)Benefits of upfront payments in wealth accumulation (02:09)Investing wisely and living modestly to grow wealth (03:29)Additional Resources- Register for the OrthoPreneurs Summit at Sea (2024): https://opsummitatsea.com/- For more information, visit: https://orthopreneurs.com/- Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneurs
Welcome to the Kitesurfing Wealth Coach Podcast! I'm Jamison Manwaring, CEO and co-founder of Neighborhood Ventures, an online platform for commercial real estate investing. I'm thrilled to finally launch this podcast, a project that has been in the works for quite some time. In this first episode, my aim is to transform the way you perceive wealth and money. We'll explore healthy perspectives on finances and share some of my own personal experiences along the way. I'll introduce the three pillars of wealth, inspired by Robert T. Kiyosaki's "Rich Dad Poor Dad," and delve into how our childhood experiences shape our financial mindset from an early age. Through real-life stories and insights from my journey in the business world, I hope to illuminate how you can improve or even reshape your approach to money, enhancing its role and significance in your life. Throughout the life of this podcast, we will uncover countless wealth topics and essential financial principles. I am excited to share this valuable information with you and embark on this journey together toward financial empowerment and success.
Listen to the full episode: Is money inherently evil? Does spending money make us materialistic? Is it always wrong to accumulate wealth? What is the role of money in our… #135 – How to think about money Copyrighted content - originally published by The Aetherius Society
Season 2 Premiere: Is there another way to talk about and navigate money as a topic? Well, yes there is. There are so many different ways to think about and explore whether you have compatible ideas around the idea of money. Lakshmi was named among the "Best Guests of 2023" on tech and culture podcast PIVOT with Kara Swisher & Scott Galloway. https://podcasts.apple.com/us/podcast/best-friends-of-pivot/id1073226719?i=1000639439067 Help keep the The Later Dater Today podcast ad-free. https://www.buymeacoffee.com/later_Lakshmi The Later Dater Today is a podcast all about dating Later In Life but mostly the 45-59 window. This overlooked and often misunderstood part of the dating timeline is both under-discussed and wildly undervalued. Host, Lakshmi Rengarajan has been trying to bring both innovation as well as an analog approach to how we date today for the past 15 years. Episodes every Friday and follow us on Instagram for bite size servings of ideas from the podcast. Follow us there: https://www.instagram.com/the_later_dater_today And be sure to visit us at the The Later Dater Today.com , sign up for our email list and please send us your questions!
Executive Director Mark Ramsey speaks with Elise Erikson Barrett (ECFPL, Leadership Education at Duke Divinity) about being equipped to talk about money faithfully, the mixed blessing of multi-vocational ministry, and the importance of healthy evaluation processes.
Books can have a huge impact on the way we see the world. In this
Jonny and Heather, in the wake of Tax Day, discuss a variety of current events including the start of the Trump trial in New York, Arizona's new/old abortion law from the 19th Century, and the latest excuses from JK Rowling. In the back half of the show they discuss the difference in how the major Presidential campaigns are appealing to LGBTQ+ voters. They also cover new drivers license policy in Illinois as well as end of the school year LGBTQ+ events in Southern Illinois.
We try our best to be intentional and calculated with how we manage our money, but until we acknowledge those involuntary forces behind our decisions, it's hard to succeed in meeting our money goals. As a tribute to recently passed and highly regarded economist and writer, Daniel Kahneman, Donna and Nathan discuss his contributions to behavioral finance, and his insights about the biases that drive our decisionmaking around money.Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 3/28/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!See omnystudio.com/listener for privacy information.
Less fear, more thoughtfulness Book a free coaching consult today: https://poojavcoaching.com/contact ——— What my clients have to say… “I was worried the advice I'd be getting would be very general or something that I could just have Googled or seen on Twitter. But that quickly fell away. The advice, the connection, the unique frameworks and analogies Pooja has were like nothing I've ever seen before, outside of her social media.” —Client | VP at Major Financial Institution Read client testimonials: https://poojavcoaching.com/testimonials-page ——— Did you know I have a full table of contents, where all my work is categorized by topic, so you can easily find what you need right now? Check out all my free resources: https://poojav.substack.com/p/welcome-to-your-brains-bff
On this special episode of The Get Ready Money Podcast, I share 60 things to change the way you think about life and money, that I've learned over sixty years. Here's five of the things that I shared: Be curious. Ask questions.Listen, then listen more. Hear what other people are saying.Be yourself. Be authentic. We are all unique.There's often no right answer. There's simply the answer that works for you.Today is the best day to start. It's never too late to make a positive change.
In this episode, James speaks with Rylee Meek of The King's Council and The King's Council Podcast. James and Rylee discuss Rylee's background and how his faith informs his life, ministry, and understanding of business. You can find out more about Rylee at www.ryleemeek.com. Discover more Christian podcasts at lifeaudio.com and inquire about advertising opportunities at lifeaudio.com/contact-us.
Can novels and, by extension, other works of art help us to think about money and trust in new ways? Could embracing alternative perspectives on trust and money help us to avoid climate catastrophe? Rob Hawkes shares a new version of a talk previously presented at the Middlesbrough Institute of Modern Art as part of the One Fifteen at MIMA series of public talks. Highlighting the financial barriers often assumed to stand in the way of local, national, and global efforts to advance ecological and social justice, Rob situates the trust inherent in the act of money creation as much closer than we usually think to the trust fostered and demanded by experimental fiction. If “storytelling” is another word for “accounting,” then maybe we can learn to tell the story of money in new ways, and perhaps this can help us to save the planet.Music: "Yum" from "This Would Be Funny If It Were Happening to Anyone but Me" EP by flirting.flirtingfullstop.bandcamp.com/Twitter: @actualflirting
Americans have a way of doing things that we're certain will make us happy. And if there's anything we value, it's our happiness. What if there's a better way than the American way to find the happiness you're looking for? In this series, we'll see if there is.
Financial expert Paula Pant explains how you can afford anything, but not everything. It's oh-so-easy to look at shiny, quickly rewarding options for your money as a ticket to financial independence. A big hit on the stock market; a hockey sticking cryptocurrency; an app that can put you on the path to easy street. But truly building financial independence is a life-long process, says Paula Pant, the host of the Afford Anything podcast. Think of your finances like a tree. While the leaves and fruit are grabby and exciting, they aren't where the tree's strength lies: that's in the roots. So too do healthy finances begin from a core base: figuring out what you value most, what you truly want to afford. From there, you can make the long term plans to see that come to fruition. With a stable, value-driven approach and some discipline, a world of freedom can open before you. You may not be able to buy everything, but you can buy anything. 0:00 Afford anything (not everything) 1:03 First principles thinking 2:30 Financial independence 3:35 Simple steps to independence 4:31 The 20% rule 5:18 Survive a scary economy About Paula Pant: Paula Pant is the host of the Afford Anything podcast, an award-winning show with more than 24 million downloads. It was named by the New York Times as one of “7 Podcasts Your Wallet Will Love.” She is also the founder of Afford Anything, a personal finance brand with more than 75,000 newsletter subscribers. She is a Knight-Bagehot Business and Economics Journalism Fellow at Columbia University. Pant is frequently featured in financial media including Money Magazine, the Washington Post, Oprah.com, CNBC, Fortune, Marie Claire, Marketplace Money, Men's Health, Real Simple, Outside Magazine, Cosmopolitan, the New York Times, and more. She's spoken at the “Talks at Google” series and guest lectured at Georgetown University. She lives in New York City. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bigthink/message Learn more about your ad choices. Visit megaphone.fm/adchoices
EPISODE 1904: In this KEEN ON show, Andrew talks to Charles Crowson, author of JAM TOMORROW?, about why time really matters in economicsCharles Crowson is a finance professional with over twenty years' experience in the investment industry. Having spent a decade running the London office of a large, US event-driven hedge fund, he has more recently been involved in asset management, working as a global macro portfolio manager. Charles' career has spanned the dotcom crash, the global financial crisis and the subsequent Eurozone crisis, as well as the more recent 2020 Covid crash and subsequent stock-market bubble. Charles publishes a bi-weekly blog (Market Depth) aimed at explaining the complexities and nuances of developments in global economics and markets for readers from a non-expert background.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.
Claudio Gambin is disrupting an industry that's been stagnant for 150 years. He's a business consultant specializing in unique tax strategy, risk management, growth planning, and exit strategy. Top 3 Value Bombs 1. Stay in your lane, stay true to your focus and just put in the work, day in, day out. Stay patient. 2. Let's make sure that our tax strategies are in alignment with our vision. Once you do save money in taxes, those dollars you saved, if it's in alignment with your vision, it'll help you reinvest into the right areas to help you get closer and closer to your vision. 3. Stay away from shiny objects. Curb your expenses, curb your wants. Be grateful for what you have and wait for the opportunity to go acquire those wants because they will be at a discount if this volatility continues. Solutions for Your Business, Simplified. Helping businesses move from relationship value to enterprise value - GFG Solutions Sponsors HubSpot Meet HubSpot's new AI-powered Campaign Assistant, a totally free-to-use AI tool tailor-made for the marketers and business builders who spend hours each day on content creation! Head to HubSpot.com/campaign-assistant to test-drive Campaign Assistant for free Shopify Shopify helps you turn browsers into buyers with the internet's best-converting checkout. Sign up for a 1 dollar per month trial period at Shopify.com/onfire
Claudio Gambin is disrupting an industry that's been stagnant for 150 years. He's a business consultant specializing in unique tax strategy, risk management, growth planning, and exit strategy. Top 3 Value Bombs 1. Stay in your lane, stay true to your focus and just put in the work, day in, day out. Stay patient. 2. Let's make sure that our tax strategies are in alignment with our vision. Once you do save money in taxes, those dollars you saved, if it's in alignment with your vision, it'll help you reinvest into the right areas to help you get closer and closer to your vision. 3. Stay away from shiny objects. Curb your expenses, curb your wants. Be grateful for what you have and wait for the opportunity to go acquire those wants because they will be at a discount if this volatility continues. Solutions for Your Business, Simplified. Helping businesses move from relationship value to enterprise value - GFG Solutions Sponsors HubSpot Meet HubSpot's new AI-powered Campaign Assistant, a totally free-to-use AI tool tailor-made for the marketers and business builders who spend hours each day on content creation! Head to HubSpot.com/campaign-assistant to test-drive Campaign Assistant for free Shopify Shopify helps you turn browsers into buyers with the internet's best-converting checkout. Sign up for a 1 dollar per month trial period at Shopify.com/onfire
Bruce talks to eMoney Advisor's Matt Schulte and Dr. Emily Koochel about financial advisors and financial psychology, engaging and motivating clients and the experience of financial planning.
Welcome to another episode of Breakaway wealth! Today, Jim has a special guest, DJ Van Keuren, who has significant experience working with ultra-wealthy individuals. In this episode, we explore how the ultra-wealthy think about money and what they do with their wealth. Three Key Takeaways: The Importance of Real Estate: DJ emphasizes the significance of real estate as a wealth-building asset. It's a timeless strategy that has created millionaires and billionaires for generations. Education is Key: Families with substantial wealth often struggle to navigate the complex world of investments. Educating oneself and future generations is crucial to making good decisions and preserving wealth over time. Bet on Yourself: DJ shares a valuable lesson learned from working with ultra-wealthy individuals. They surround themselves with smart advisors, but at the end of the day, they bet on themselves and take responsibility for financial decisions and outcomes. Remember, it's not just about making money; it's about preserving and growing it for future generations. Start with educating yourself and consider real estate as a solid investment choice. And as always, the journey to wealth begins with the decision to take control of your financial future. Question: Can you share a moment when you had to 'bet on yourself' and what you learned from that experience regarding wealth and risk management? Share your insights and experiences with us!
As retirement age draws near, having a well-structured and enduring financial plan becomes even more important. And it's not merely about accumulating wealth. It's about transforming that wealth into a retirement lifestyle that is both comfortable and satisfying. One key element proven to make a substantial difference in the quality of retirees' lives is having a predictable income.In this episode, David is joined by Jonathan Clements, a financial writer and the founder and editor of HumbleDollar. He is the author of personal finance books, including My Money Journey and How to Think About Money. Jonathan also sits on the advisory board of Creative Planning, one of the country's largest independent financial advisors. His 20 years of working at the Wall Street Journal and his role as director of financial education at Citigroup gave Jonathan extensive experience and knowledge of the financial industry.Jonathan joins David to discuss how annuities can redefine investors' retirement journey. He emphasizes the importance of making consistent investment decisions to achieve financial independence. He also explores retirement planning, including the need for predictable income and the benefits of annuities.Key Takeaways[01:19] - The origin of HumbleDollar and its evolution.[05:09] - What Jonathan's book, My Money Journey, is all about.[10:04] - Risk tolerance and behavior as investors age.[12:45] - The challenges of retirement and the complexity of decumulation.[17:41] - Why people have a negative perception of annuities.[23:01] - How advisors can have effective conversations about annuities with retirees.[30:28] - The importance of spousal benefits and managing finances in old age.[33:21] - Personalizing annuity allocation.[38:36] - Improvements in the financial industry over the years.[40:30] - Potential changes in retirement definition and workforce participation.[43:08] - Jonathan's advice on how to become a better advisor.
In this episode, we dive deep into Tasha's personal journey with money blocks and the struggles she faced. Discover how similar challenges might be holding you back and learn how to tackle them head-on. Plus, find out about a special $5 workbook that could be your first step to rewriting your own money story. Tune in, share with friends, and let's grow together! Get the workbook here: [shaunitanicole.com/102] --- Send in a voice message: https://podcasters.spotify.com/pod/show/shaunitanicole/message
Today we're talking with Jonathan Clements, the founder and editor of the personal finance website HumbleDollar and author of nine personal finance books. Earlier in his career, Jonathan spent almost 20 years at The Wall Street Journal, where he was the newspaper's personal finance columnist, and six years at Citigroup, where he was director of financial education for the bank's U.S. wealth management arm. Today we are interested in speaking with Jonathan about topics he covers in two of his books: "How to Think About Money" and his most recent book "My Money Journey: How 30 People Found Financial Freedom – And You Can Too." Note that one journey described in this book is that of a person who “makes a comeback in midlife.” Connect with us! @catchinguptofi buy CUtFI a coffee Resources mentioned on the show: Humble Dollar The White Coat Investor's Financial Boot Camp: A 12-Step High-Yield Guide to Bring Your Finances Up to Speed by James M Dahle Saving Our Retirement by Bill Yount How to Think About Money by Jonathan Clements My Money Journey: How 30 People Found Financial Freedom - And You Can Too by Jonathan Clements What is the Easterlin paradox? Catching Up to Fi Episode 039 with Mark Trautman Catching Up to FI Episode 019 with Fritz Gilbert Catching Up to FI Episode 022 with Jordan Grumet Taking Stock: A Hospice Doctor's Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life by Jordan Grumet The Seven Stages of Money Maturity: Understanding the Spirit and Value of Money in Your Life by George Kinder Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.
When generations undergo any kind of collective life-changing event, it shapes how people think about money -- and how they think about spending and investing. Past upheavals like the Great Depression, the World Wars, the inflation of the 1970s, and Weimar-era hyperinflation, had profound effects on the cohorts that lived through them. So what will be the effect of the pandemic on current generations? And what is the combined effect on people who lived through the pandemic, the Great Financial Crisis, and 9/11 in a span of less than 20 years? On this episode, we speak to Morgan Housel, personal finance expert and author of the bestselling book The Psychology of Money, on the lasting impact from these recent societal disruptions.See omnystudio.com/listener for privacy information.
In this episode of Eye On Franchising, I am thrilled to welcome Antonio and Landon, the co-founders of GFG Solutions. We delve into their unique journey from boarding school friends to successful business partners. Despite pursuing different sports in college, they stayed connected and eventually found themselves in the financial services industry. Recognizing their shared passion and expertise, they decided to start GFG Solutions to help businesses optimize their operations. Throughout our conversation, we stress the importance of planning and how GFG Solutions can assist in taking businesses to the next level. Join us as we explore the significance of identity for athletes transitioning out of sports, the importance of optimizing businesses, the role of asset protection, and tax strategies for entrepreneurs. Don't miss out on this informative and engaging episode of Eye On Franchising. Tune in now! - Friendship and shared experiences- Importance of planning and optimization- Identity transition for athletes- Optimizing for entrepreneurs- Tax strategies and asset protection- Importance of bookkeeping and financial understanding- Fact-checking and cross-referencing- Accelerated depreciation strategies- Overcoming ego and embracing help- Building a team and generational wealth- Growth mindset and assistance for businesses- Perseverance and consistency in entrepreneurship---Ready to watch these great conversations? Come check out a few videos have have and give me a follow!https://www.youtube.com/channel/UCwoAdrkPZmveJt5AQRDk8WA---Lance GraulichFranchise Consulting Services from ION FranchisingEye On Franchising
Bill and Becky chat with Allan Roth today. Allan is the founder of Wealth Logic, LLC., an hourly-based Investment Advisory and Financial Planning firm that uses behavioral finance, logic, and data to develop a financial approach that will produce significantly higher real returns than most investors for their desired level of risk. He has been working in the investment world for 25 years in corporate finance and also has additional decades of experience in portfolio construction and performance benchmarking. Allan takes pride in being mocked on a semi-regular basis by some financial professionals for his hourly fee model and its apparent inability to make him rich. He is also the author of How A Second Grader Beats Wall Street and writes for AARP, Barron's, ETF.com, Advisor Perspectives, and others. Allan has taught investments and behavioral finance at the University of Denver, Colorado College, and the University of Colorado at Colorado Springs and currently teaches continuing education classes on the subject to CPAs, attorneys, and CFP® certificants. Despite the many credentials he has earned, Allan claims he can still keep investing simple and “dares us to be dull” and think like second graders in our investing. His professional goal is never to be confused with Jim Cramer. Connect with us! @catchinguptofi buy CUtFI a coffee Resources mentioned on the show: Wealth Logic - Dare to be Dull How a Second Grader Beats Wall Street by Allan Roth A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton G. Malkiel The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley Prospect Theory Predictably Irrational by Dr. Dan Ariely The Bogleheads' Guide to the Three-Fund Portfolio: How a Simple Portfolio of Three Total Market Index Funds Outperforms Most Investors with Less Risk by Taylor Larimore The Simple Path to Wealth: Your road map to financial independence and a rich, free life by JL Collins How to Think About Money by Jonathan Clements The Four Pillars of Investing: Lessons for Building a Winning Portfolio by William J. Bernstein The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns by John C. Bogle Common Sense on Mutual Funds by John C. Bogle tipsladder.com Fama and French's Three-Factor Model Open Social Security: Free, open-sourced Social Security strategy calculator The Long View Podcast Episode: I Embrace Dumb Beta with Allan Roth Catching Up to Fi Episodes 008 & 009: We're Talking Millions! With Paul Merriman bogleheads.org Morningstar Yahoo Finance Winning the Loser's Game: Timeless Strategies for Successful Investing by Charles D. Ellis 2023 Bogleheads Conference Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.
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Financial Freedom for Physicians with Dr. Christopher H. Loo, MD-PhD
Description: Welcome to the podcast episode. In today's episode, we will challenge the traditional notions of success and invite you to explore a more meaningful, fulfilling path. Today's guest will be engaging in thought-provoking conversations who have dared to redefine success on their own terms. We are thrilled to welcome Ben Miller, a former Wall Street banker who left the high-pressure world of finance at Goldman Sachs to create ChroniFI, a revolutionary tool that redefines how we perceive and plan our finances. Ben's journey is a testament to courage and innovation. After spending eight years in investment banking, he realized that something was missing. Despite his conventional success, he yearned for more - not more money, but more meaning. This led him to develop ChroniFI, a tool that helps individuals understand their finances in an intuitive and meaningful way, in terms of time. As a father of three, Ben brings a unique perspective on the value of time. We'll delve into how his role as a parent influenced his decision to leave Wall Street and how it continues to shape his approach to financial planning and life in general. We'll also explore Ben's aspirations for ChroniFI. What started as a personal solution to his own financial planning has grown into a tool with the potential to transform how we all view our financial futures. We'll discuss how ChroniFI can help you dissect your financial flow, reroute your financial river, and sail off to an ocean of opportunities you may not have considered before. Whether you're a seasoned investor, a budding entrepreneur, or someone simply looking to gain control over your financial future, this episode offers insights and practical advice to help you navigate your path to financial freedom and live the life you were meant to live. Join us on this journey and discover how you can redefine wealth and fulfillment. 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. Do your due diligence. Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd 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 Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Thank you to our sponsor, CityVest: https://bit.ly/37AOgkp Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p Follow our YouTube channel: https://www.youtube.com/chL1357 Thank you to our advertisers on Spotify. Financial Freedom for Physicians, Copyright 2023
Jonathan Clements is the founder and editor of HumbleDollar. He's also the author of a fistful of personal finance books, including My Money Journey and How to Think About Money, and he sits on the advisory board of Creative Planning, one of the country's largest independent financial advisors. Jonathan spent almost 20 years at The Wall Street Journal, where he was the newspaper's personal finance columnist. Between October 1994 and April 2008, he wrote 1,009 columns for the Journal and for The Wall Street Journal Sunday. He then worked for six years at Citigroup, where he was Director of Financial Education for Citi Personal Wealth Management, before returning to the Journal for an additional 15-month stint as a columnist. An avid bicyclist, Jonathan was born in London, England, and graduated from Cambridge University. He worked for Euromoney magazine in London before moving to the New York area in 1986. He now lives in Philadelphia, close to his daughter, son-in-law and grandson. Prior to joining the Journal in January 1990, he covered mutual funds for Forbes magazine. Jonathan has written a novel and nine personal finance books, and also contributed to six others. This episode of the podcast is hosted by Jon Luskin, CFP®, a long-time Boglehead and financial planner. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki. Since 2000, the Bogleheads' have held national conferences in major cities around the country. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added on a regular basis. All Bogleheads activities are coordinated by volunteers who contribute their time and talent. This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated. Show Notes Bogleheads on Investing with William F. Sharpe: Episode 59 Bogleheads® Live with Mike Piper: Episode 36 How I Invest 2022 by Meb Faber Should Equity Exposure Decrease In Retirement, Or Is A Rising Equity Glidepath Actually Better? Bogleheads® Live with Bill Bengen: Episode 35 Bogleheads® Live with Christine Benz: Episode 37 2023 Conference - The John C. Bogle Center for Financial Literacy John C. Bogle Center for Financial Literacy Bogleheads® Forum Bogleheads® Wiki Bogleheads® Reddit Bogleheads® Facebook Bogleheads® LinkedIn Bogleheads® Twitter Bogleheads® on Investing podcast Bogleheads® YouTube Bogleheads® Local Chapters Bogleheads® Virtual Online Chapters Bogleheads® on Investing Podcast Bogleheads® Conferences Bogleheads® Books The John C. Bogle Center for Financial Literacy is a 501(c)3 nonprofit organization. At Boglecenter.net, your tax-deductible donations are greatly appreciated. Jonathan Clements is the founder and editor of HumbleDollar. He's also the author of a fistful of personal finance books, including My Money Journey and How to Think About Money, and he sits on the advisory board of Creative Planning, one of the country's largest independent financial advisors. Jonathan spent almost 20 years at The Wall Street Journal, where he was the newspaper's personal finance columnist. Between October 1994 and April 2008, he wrote 1,009 columns for the Journal and for The Wall Street Journal Sunday. He then worked for six years at Citigroup, where he was Director of Financial Education for Citi Personal Wealth Management, before returning to the Journal for an additional 15-month stint as a columnist. An avid bicyclist, Jonathan was born in London, England, and graduated from Cambridge University. He worked for Euromoney magazine in London before moving to the New York area in 1986. He now lives in Philadelphia, close to his daughter, son-in-law and grandson. Prior to joining the Journal in January 1990, he covered mutual funds for Forbes magazine. Jonathan has written a novel and nine personal finance books, and also contributed to six others. This episode of the podcast is hosted by Jon Luskin, CFP®, a long-time Boglehead and financial planner. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki. Since 2000, the Bogleheads' have held national conferences in major cities around the country. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added on a regular basis. All Bogleheads activities are coordinated by volunteers who contribute their time and talent. This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated. Show Notes Bogleheads on Investing with William F. Sharpe: Episode 59 2023 Conference - The John C. Bogle Center for Financial Literacy John C. Bogle Center for Financial Literacy Bogleheads® Forum Bogleheads® Wiki Bogleheads® Reddit Bogleheads® Facebook Bogleheads® LinkedIn Bogleheads® Twitter Bogleheads® on Investing podcast Bogleheads® YouTube Bogleheads® Local Chapters Bogleheads® Virtual Online Chapters Bogleheads® on Investing Podcast Bogleheads® Conferences Bogleheads® Books The John C. Bogle Center for Financial Literacy is a 501(c)3 nonprofit organization. At Boglecenter.net, your tax-deductible donations are greatly appreciated.
Our expert host Kate Moody is joined by some great guests to ask: "Can financial services change how people think about money?” This week's guests include: Jason Bates, Co-Founder, 11:FS Rajan Lakhani, Head Of Public Relations, Plum Stephen Bowe, Director - Digital Experience & Innovation, Nationwide The way we manage money is incredibly complicated. Spend, save, invest, borrow, lend, pay-off – user journeys in financial services are all over the place So – can financial services smooth out the journey and make it more effective for consumers, and is it the place of banks and fintechs to change how users prioritise and budget? We put together a panel of experts to discuss: the status quo on services offered, how to build more intuitive options, and what the future could look like with more joined up thinking. Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Rajan Lakhani and Stephen Bowe.
This week's guest is Dr. Latifat Akintade. She is a practicing Gastroenterologist with an emphasis in Inflammatory bowel diseases. Latifat is also the founder of MoneyFitMD, a money coaching platform for women physicians and author of Done with Broke. Latifat knew nothing about money, investment or real estate until about 5 years ago when she realized that she was on the fast track to burn out. In the last 5 years, she and her husband have achieved financial independence through diversifying their sources of incomes. They started actively investing in 2019 after completing the Zero to Freedom course with Leti and Kenji. They currently own 11 doors in California and Washington state. With the right tools, she believes every woman physician can create their own rich life. Real estate can be a key part of that vehicle. She also believes that money is a tool for change and critical in our conversation of helping disempowered women physicians become empowered money badasses. When physicians are financially independent, they will practice medicine because they want to and not because they have to. When she is not coaching physicians or treating GI illnesses, she enjoys traveling with her family, spending time in her hammock, cooking and kicking it with her girlfriends. Her mantras in life are “Everything is possible. You simply have to choose” and “heaven is closer by the ocean”. Latifat will be speaking at our FREE virtual summit on August 1st. Register now at semiretiredmd.com/ffvs23 to grab your FREE ticket! __________________________________________________________ Have someone who you think should be featured in a future episode? Comment and let us know on our socials! Also, don't forget to share and leave us a 5 star review on Apple Podcasts if you loved this episode! Wait there's more…If you enjoy the Doctors Building Wealth podcast, check out our real estate training, Ignite Your Journey. Get exclusive, actionable advice and resources about creating financial freedom through cashflowing rentals! Click the link to enroll. For more DBW, Semi-Retired MD, and content from Leti & Kenji, follow us on your favorite platform. Semiretiredmd.com Leti IG Kenji IG SRMD FB SRMD IG Youtube Follow this link to listen or listen on Apple Podcasts, iTunes, Spotify, or Stitcher! Don't forget to share with a friend and leave us a review on the iTunes app if you enjoyed it! Be part of the conversation! Follow our general Semi-Retired MD Facebook page and then join our physicians or professionals group! Semi-Retired M.D. and its owners', presenters', and employees are not in the business of providing personal, financial, tax, legal or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this podcast. Semi-Retired M.D., this podcast, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed, and certified professionals should be sought. In addition, Semi-Retired M.D. does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.
What is your relationship with money? How does this relationship impact the way you are making money? And how do you improve and leverage this relationship? Money is one of the significant sources of stress for all of us and it can trigger a range of emotions. However, as an entrepreneur, developing a positive relationship with money is essential to unlock your path to financial and business success. And that starts with recognizing the bugaboos you carry about money and then taking the actionable steps to overcome those bugaboos. Because if we don't emotionally regulate the bugaboos or potential hang-ups in our money, we risk the financial stability of our business. Today's episode is going to be really valuable, because I am interviewing Becky Clabaugh. She is a transformation coach in money mindset and emotional regulation expert. She specializes in helping women break through income plateaus. And she has a degree in health and human services, with a minor in holistic health and wellness education. So, she really deeply understands how to move through negative emotions which can block your revenue generating activities. Tune in the episode to learn more about how you can expand your relationship with money to effectively prosper your business! “I personally believe that when you're emotionally regulated, that is the secret sauce to making money. Because when you're emotionally regulated, that's how it makes it so much easier to work with people like yourself.” - Becky Clabaugh In this episode, you'll discover: · The role that subconscious plays in money · Examples of bugaboos and how can you avoid it · Emotional freedom technique · How to leverage inspired action · Steps to developing a good mindset in money Learn and Connect with Becky: · Visit Becky's Website · Follow Becky's Linkedin Ready to simplify and streamline how you scale your business? We are now accepting Visionary CEOs and their right-hand Ops Leads into our signature Simplify to Scale mentorship program. Learn more and join us leanoutmethod.com/scale. Join us for our transformational in-person business retreats and masterminds each Spring and Fall at leanoutmethod.com/retreat. Have questions? Want to explore partnering together to scale your business? Connect with me on my personal Instagram @cristagrasso or LinkedIn and let's start a conversation. If you loved this episode, please help us spread the word and reach more business owners like you by leaving a 5-star rating and review. Hit subscribe to be the first to listen to new episodes each Tuesday. For full show notes and more visit leanoutmethod.com/podcast.
This Sunday's message comes from non other than Dr. Clay Scroggins. He is the author of How To Lead When You're Not in Charge: Leveraging Influence When You Lack Authority, as well as two other well-known leadership publications.
Apply for my NEW private mentorship container: https://www.instagram.com/stories/highlights/17970045596192214/Wedding Planning Like a CEO: https://open.spotify.com/episode/6QoF1WN245N8ulItuU1HNW?si=132f2366e3464880My Best Productivity Tips: https://open.spotify.com/episode/76HlC8M5BRNEy2zd0iwa7Q?si=9cc540eacc4a4bafActionable Hacks for Living the CEO Lifestyle: https://open.spotify.com/episode/5FNtanxcac0JWhGhwiH9LR?si=ab222259b5c0455e
On today's episode, Joanna is talking about your automatic relationship with money because your emotions around money are not a result of how much money you actually have or don't have. She dives deep into the idea that if you are consciously choosing different thoughts, beliefs, emotions and behaviors, your life will go in a different direction even when it comes to your relationship with your money. Here is what we discussed: The truth about your relationship with money Why your Inner Critic has demands and expectations when it comes to money How to stop shrinking your life by waiting until you have “enough” money to do all the things Why changing your thoughts about money can help you develop the life you really want Which Inner Critic Is Ruling Your Mind? Take the Inner Critic now to identify the patterns that keep you stuck professionally and personally! www.innercriticassessment.com Are you tired of feeling held back by your Inner Critic's negative conditioning? Do you want to enter a life full of joy, power, and passion? If the answer is yes, then it's time to book a call with me. During our call, I will teach you the step-by-step process of unhooking yourself from your Inner Critic's preprogrammed conditioning. You will learn how to rewire your mind to design a future full of power, confidence, and fulfillment. Thousands of women have already used the M.I.N.D Method™ to manifest their most magnificent lives, and now it's your turn. By booking a call with me, you will gain access to the real work of living in alignment with your true contribution. My passion is to help women like you drop into a completely new mind and experience the abundance that has always been within your reach. So don't wait any longer, book a call with me today and start living the life you were always meant to live!
How you think about money is one of the most important lessons you'll learn as an entrepreneur or business owner. Here, I dive into how the rich, middle-class, and poor think about money and hopefully challenge some of your assumptions on how you view wealth. A lot of people think wealth and riches are determined by how much cash is in your bank account or your net worth, but it goes a lot further. How you think about money influences your financial status, and your perspective is mission-critical. I walk through the three psychological approaches to money and why rich people see it as a tool for creating even more wealth. Poor and middle-class people believe money controls them, which can be a major roadblock. As a wealthy person, you know you're in control of your money, which is why it's important to create the right systems that allow you to generate cash flow for the long term. It's important to focus on your legacy, and generating passive income through your investments is the key. If you want to be rich, you'll need to think like rich people. What's Inside:—How your money mindset influences your financial status.—The three psychological approaches to money.—Why you should focus on your legacy.
Text Hawk to 66866 to become part of "Mindful Monday." Join 10's of thousands of other Learning Leaders and receive a carefully curated email from me each Monday morning to help you start your week off right... Full show notes at www.LearningLeader.com Twitter/IG: @RyanHawk12 https://twitter.com/RyanHawk12 Ramit Sethi is the New York Times best-selling author of I Will Teach You To Be Rich. Millions of people read his work every month which focuses on personal finances, money in relationships, and he shares how you can define your rich life. His team has created online programs on making more money, finding your Dream Job, starting an online business, and mastering your inner psychology. Notes: If you have a partner, “create your journey together.” Money is not something to be delegated to one or the other. Both should be involved. Ramit's book-buying rule: If you've even considered buying a book for one second, then BUY THE BOOK. If you learn just one new thing, it is worth it. The return on your investment is through the roof. When in doubt, buy the book. And Read the book. Ramit describes every detail of the conversation he had with his wife about signing a pre-nuptial agreement before they got married. "You should focus on $30,000 questions, not $3 questions." Top 5 Lessons from one year of interviewing couples about money Ramit shares how to get started with your money: automation, investing, and the other Big Wins of money. How to manage your money Fixed costs: 50%-60% Savings: 5%-10% Investments: 5%-10% Guilt-free spending: 20%-30% How to invest your money Target date fund - Vanguard Index funds Ramit advises that you do not pay a financial advisor based on AUM (Assets Under Management). Pay an hourly rate or a fixed cost. This will save you hundreds of thousands (or millions) of dollars over the course of 30-50 years. Decide what you want to spend your money on... What is your rich life? Create your money rules: For example, Ramit has unlimited spending on his health. And he has money set aside for philanthropic endeavors