#154 Embarrassed About Money?
UNLOCKING THE SECRET OF LIVING RICH | MONEY MASTERY | FINANCIAL FREEDOM
Release Date: 09/09/2020
UNLOCKING THE SECRET OF LIVING RICH | MONEY MASTERY | FINANCIAL FREEDOM
All great adventures must come to an end and so does this podcast. I have deeply enjoyed our time together each week and will miss our interaction. But for me, it is time to move on. I am focusing on my expanding business and creating BWM University where we will guide entrepreneurs through their path to success. If you would like to participate, go to www.brownwelchmehta.com and click on the University tab.
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A growth mindset is the belief that intelligence can be developed. People with a growth mindset understand they can get smarter through hard work, the use of effective strategies, and help from others when needed. It is contrasted with a fixed mindset: the belief that intelligence is a fixed trait that is set in stone at birth.
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In the next few days, you will make one of the most important decisions of your adult life. No, it is not who will lead our country – it is who will be the leader of you! Who will be the CEO of your life?
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Here is what great advice does: It lifts you up and helps you unlock levels of your heart and your mind you never knew were there. It helps you show up more fully for yourself and others. It helps you claim your life as your own.
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Being present means fully enjoying the moment that you are in. It is the moment when you are calm and you know exactly what you want. You are focused on what you’re doing without thinking about anything else. That’s when life is more real. For how long have you not been present, living the moment you’re in, feeling the now completely?
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This week we are going to talk about when it's time to pivot – what might indicate that you need to pivot? How you might pivot successfully and the power that lies within change of direction.
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This week we are going to focus on the 7 things you must do to achieve wealth:
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This week we will learn the 4 C's of Confidence:
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If the words 'debt,' 'credit score,' or 'savings' make you cringe, you are not alone. Money topics such as debt, student loans, salary, credit scores and even saving for the future can cause paralyzing anxiety. In a recent study on financial literacy only 2 in 5 adults believe that, if their money could talk, it would say. “We are working well together”
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Do you ever wonder if you will you ever succeed? Will you “make it” to the success land? Don’t worry, you don’t need to read a crystal ball to predict your future. To achieve success in life, you need a single trait that any person can develop. And it doesn’t take years to develop the trait. You can develop it right here, right now. Right now before this podcast ends.
info_outlineIf the words 'debt,' 'credit score,' or 'savings' make you cringe, you are not alone. Money topics such as debt, student loans, salary, credit scores and even saving for the future can cause paralyzing anxiety. In a recent study on financial literacy only 2 in 5 adults believe that, if their money could talk, it would say. “We are working well together”
So, to help improve your relationship with your money, we are going to discuss 10 potentially embarrassing money topics and come up with some suggestions so we can tackle them with confidence.
MorBEING FINANCIALLY literate, or understanding all aspects of your financial life, is crucial to becoming confident about money. But often, we’re too embarrassed or uncomfortable to talk about money openly. According to a 2013 Wells Fargo survey of over 1,000 adults, 44 percent of respondents said "personal finances" is the hardest topic to discuss with others, followed by "death" at 38 percent and "politics" at 35 percent. Money topics such as debt, student loans, salary, credit scores and even saving for the future can cause paralyzing anxiety. In a recent study on financial literacy only 2 in 5 adults believe that, if their money could talk, it would say. “We’ve been a successful team.” So to help improve your relationship with your money, we are going to discuss 10 potentially embarrassing money topics and come up with some suggestions so we can tackle them with confidence.
1. Are you spending well above your means?
2. Are you in debt because of overspending?
3. Are you in debt because of bad financial advice? I
4. Are you loaning money to friends and family?
5. Do you have too many Credit cards?
6. Do you have a weak credit score?
7. Are you being crushed under the burden of student loans?
8. Are you enrolled in a 401(k)?
9. Do you not knowing how to save?
10. Can you talk about money with your significant other - and not fight?
Now that you’ve made it through the list (perhaps with a bit of squirming), don’t feel like you need to tackle all of this. Start small and commit to improving one aspect of your financial life at a time. Before you know it, the taboo money topics will be a little easier to discuss and manage and together, we can Live Rich.
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