Money On My Mind
From $300k+ in debt to Millionaire status by 30 years old, I have realized the power of a budget. At 23, I was in a dreadful position, but I knew that the only person that could change that was ME! I dug deep and put together a financial plan that changed my life forever. Now I am debt free and just quit my 9-5 to pursue Budgetdog full time! I made this podcast to empower others with the same knowledge and tools that I use in my own personal finances!
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Ep 19: Act Like A Millionaire If You Want To Become a Millionaire
07/23/2024
Ep 19: Act Like A Millionaire If You Want To Become a Millionaire
Building wealth isn’t dependent on your income or inheritance, it depends on your motivation, knowledge, and actions. This is what we’re uncovering in today’s episode as we talk about how acting like a millionaire will help you become an actual millionaire. Listen now to learn more about the reality behind building wealth and how you can start acting like a millionaire if you want to become a millionaire! Key Talking Points of the Episode 00:00 Introduction 02:29 What does it really take to become wealthy? 03:37 Why is inheritance not always a factor in building wealth? 05:23 What is the biggest factor that hold people back from becoming millionaires? 08:07 What is the importance of having mentors to support you in building wealth? 09:18 Why is mindset crucial in building your wealth? 11:25 How do your limiting beliefs prevent you from achieving your financial goals? 15:11 What is it really like to start working on changing the way you think? 16:43 How can you start gaining the confidence to change the path you’re on? 18:50 How can the media you consume help you achieve success? 20:50 What can happen when you start acting like a millionaire? 22:25 How can you build a plan that will help you achieve your financial goals? 25:02 Why is it important to stay focused on your “why”? 28:18 What can you do today to start building your wealth? Quotables “If you’re still on the sidelines and you’re not even in the game, wake up! Pay attention, join the academy, get moving, and start the process. Start the building of wealth that you deserve to build.” “People who become millionaires off of inheritance are of lower odds than that of a casino success.” “What you believe becomes your reality and when you change the way you think about things, you’re gonna change your success, and that’s exactly what happened to me.” Links Website: Budgetdog Book: The Roadmap to Financial Freedom
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Ep 18: Why The Rich Get Richer
07/16/2024
Ep 18: Why The Rich Get Richer
Building wealth is simple, but it’s not easy, and that’s what many of the richest people in the world can tell you. This is something I’ve also personally proven through the years and it is the foundation of Budgetdog Academy – helping others build wealth the right way so more people can achieve financial freedom in a sustainable and scalable manner. Listen to this episode to learn why the rich get richer and how you can get yourself on the right path to financial freedom using a roadmap that has been proven effective through time! Key Talking Points of the Episode 00:00 Introduction 02:42 How can your network provide you access to opportunities? 03:48 What is level 1 of building wealth the right way? 06:02 Why is it important to tell people what value you can provide? 07:54 How were we able to raise $1 million for capital? 09:20 How can following the roadmap to financial freedom ensure your success? 11:26 Why is it important to put effort into getting connected with the right people? 13:01 How can private equity help you build wealth faster? Quotables “The skill sets I was able to get from these individuals because I’ve either paid to play at different times or I provided value to other groups that they’ve allowed me to their circle because I’ve been providing value at a higher level.” “A lot of people are afraid to ask and the answer is gonna be “no” if you don’t ask.” “The first 5, 10 years, or whatever – it’s gonna be working hard, just so you know. You’re not gonna skip level 1, you’re not gonna skip any steps. That’s what I did, that’s what you’re gonna have to do.” Links Book: The Roadmap to Financial Freedom
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Ep. 17: From No Understanding of What An ETF Was to Buying a Business
07/09/2024
Ep. 17: From No Understanding of What An ETF Was to Buying a Business
Joseph and Allie Swanson are members of the Budgetdog Academy and they are a testament of the success we’re able to guide our students through. They came to the Budgetdog Academy early this year and today, they’re moving forward towards their big goals faster than anyone would’ve expected with the help of the roadmap we’ve built to help people achieve financial independence and freedom. Listen to this episode to learn more about Joe and Allie, their finance backgrounds, and how the Budgetdog Academy is helping them stay on track to achieve their financial goals! Key Talking Points of the Episode 00:00 Introduction 01:36 What was money like for Joe and Allie while growing up? 06:01 How did Joe and Allie’s childhood influence their financial habits as adults? 11:45 How did Joe and Allie meet? 14:01 What was it like for Joe and Allie to merge their finances? 16:05 How did Joe and Allie find the Budgetdog Academy? 18:10 What was it like for Joe and Allie to discover the Budgetdog Academy? 21:06 What sets Budgetdog Academy apart from others? 25:28 What are Joe and Allie’s goals for the future? 28:22 Why is it important to think long-term in building your finances up? 30:13 What kind of businesses are Joe and Allie looking into? 32:07 What is Joe and Allie’s advice for people who want to start working on their finances? Quotables “Our big goal last year was getting our finances in check and we were able to do that. I think we invested half of our income and still had money for our expenses and everything, and plus more, so we were so impressed by that – by just learning through the program.” “Once you find that business, you’ve been talking about it so much, and when there’s intention behind something, it will happen.” “If you really wanna get a grip at where you’re spending your money, then you want to understand how and why you’re spending your money.”
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Ep. 16: A Policeman That Retired by 48 with 5 Rental Properties
07/02/2024
Ep. 16: A Policeman That Retired by 48 with 5 Rental Properties
Better financial habits can be for everybody, if you have a strong motivation and the drive to make it happen. This is what today’s guest has proven through the years as he went from being a police officer with spending habits that were not as healthy to becoming a savvy investor on his way to grow a real estate portfolio for his family’s future. Listen now to learn how better financial habits can put you on the right path to success and what you can do today if you want to start getting your finances straightened out! Key Talking Points of the Episode 00:00 Introduction 01:05 What were finances like for most families in the 80’s? 03:48 What was it like to not be taught about finances? 05:05 How would your parents’ financial habits influence yours? 07:41 How can unhealthy spending habits impact your life? 08:45 What can the Budgetdog Academy help you with? 09:48 How does your childhood impact your financial habits as an adult? 11:30 Why is your intention important in building better financial habits? 13:29 How important is it to have people support you as you work on your finances? 19:03 How would your first deal impact your perspective in real estate? 22:40 How can you make the most of your investments with a partner? 23:47 How can real estate provide better opportunities for you and your family? 26:38 Why is real estate a smarter way to grow your wealth? 28:27 What can you start to do today to start building healthy financial habits? Quotables “I kinda learned as I grew up. I had to teach myself from making a lot of mistakes.” “Having communication is so important, especially when you have common goals you wanna talk about.” Links Website: Safety Pro Marksmanship and Tactical Training
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Ep. 15: What is Work-life Balance?
06/25/2024
Ep. 15: What is Work-life Balance?
Everybody talks about work-life balance, but what does that really mean? If you’re stuck in a rut and you feel like you want more out of life, chances are, this is what you’re looking for too. It’s pretty normal to be thinking this because everyone else is too, but is society’s idea of balance really what you need to thrive in life? Listen now to better understand what it really means to want work-life balance and what kind of balance is healthy to have in your life! Key Talking Points of the Episode 00:00 Introduction 01:18 What is balance all about? 02:37 What does wanting balance truly mean? 03:31 What do most successful people in the world have in common? 04:42 How will your priorities help identify the kind of balance you will have in life? 06:01 What does healthy balance look like? 07:39 What is the reality behind the idea of having work-life balance? 09:01 What kind of balance should we aim to achieve? 10:44 Why is it important to have clarity on what you value the most? 12:01 Why should you address the desire for balance early in your career? Quotables “When you value balance, you value average because balance is average.” “They’ve gone so extreme to where they wanna reach a level of success that nothing is stopping them.” “I know that I value achieving that goal, moreso than the idea of balance. Balance has never really been attractive to me.” Links Instagram: Brennan Schlagbaum
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Ep. 14: Should You Cut Your Expenses?
06/18/2024
Ep. 14: Should You Cut Your Expenses?
Budgets are not supposed to restrict you, they’re supposed to guide you, and this is something many people do not understand. It’s honestly one of the biggest reasons there’s so much resistance to implementing it but if you truly want to achieve financial freedom, this is the first thing you need to manage well and understand how to leverage! Listen now to understand what it truly means to have a budget and how you can start managing your finances today to get to a better financial situation without cutting down on your expenses! Key Talking Points of the Episode 00:00 Introduction 01:01 What do most people believe about achieving financial freedom? 02:08 How do most people’s belief systems affect their finances? 03:00 What mindset do you need to have for better financial management? 04:00 What do you need to understand about how budgets work? 06:09 What tools can you use to help you build your wealth? 07:36 How will your priorities help you manage your finances better? 08:28 Why is it important to really understand why you want to spend your money? 09:41 How can understanding your reasons help you make better financial decisions? 10:49 What is the importance of aligning your goals and finances? Quotables “If you really wanna do this the right way, realize that there’s 2 seasons – seasons of abundance and seasons of sacrifice, and both seasons are gonna happen from time to time, just like winter, fall, spring, and summer, and it’s okay.” “Anything worthwhile is worth the sacrifice and anything worthwhile requires sacrifice.” “Most novices will think that a budget is like the end all, be all, but it’s just a small – it’s probably 5% of the whole puzzle.”
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Ep. 13: From ZERO Financial Education to Investing for Her Newborns with Kierra Bussey
06/11/2024
Ep. 13: From ZERO Financial Education to Investing for Her Newborns with Kierra Bussey
Kierra Bussey is a self-made visionary entrepreneur who is a devoted mother with a strong passion for wellness and mental health. She built her self-care brand, Ignite Your Peace, as she was learning more about finances and raising her children, and she is with us today to talk about her journey, how her mindset has shifted through the years, and what you can do to start changing your financial situation today. Listen now to learn what Kierra’s road to financial independence was like and how she is preparing for her children’s financial future! Key Talking Points of the Episode 00:00 Introduction 01:10 What was money like for Kierra’s family as a child? 03:00 What was it like for Kierra when she first started making money? 05:02 When did Kierra first meet a financial advisor? 06:20 Why is it important to learn how to manage your finances early? 09:59 What has Kierra done to give her children a good financial future? 14:35 How did Kierra’s childhood influence her mindset towards money? 16:24 How does Kierra plan to educate her children on finances when they’re older? 19:49 What is Kierra’s advice for someone who wants to be financially secure? 21:49 How did The Psychology of Money help Kierra understand finances better? 24:53 What was it like for Kierra to start managing her finances better? 27:45 What mistake did Kierra make before she started managing her finances the right way? 29:32 What do people need to keep in mind as they start working on their finances? Quotables “Even if you’re only making $24K a year, learn how to manage your money and make it grow because I could compare myself to someone who’s making half of what I make and they may have more money and a greater net worth because they understand how to manage and invest their money.” “My commitment to myself and my family is now that I have access to understanding what passive income is even through just investing, is to just have those vehicles where I can passively make income.” “I wanna be financially secure and the way to get there is by setting up multiple streams of passive income.” Links Book: The Psychology of Money
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Ep. 12: Humble Beginnings: Overcoming Disadvantages in Your Life
06/04/2024
Ep. 12: Humble Beginnings: Overcoming Disadvantages in Your Life
Success isn’t something that happens overnight and the sooner you understand that, the sooner you can get yourself on the path that will help you achieve your goals and more. It doesn’t matter what background you have or what cards you were dealt in life, if you believe you can do it and you take action, you can get to wherever you want to be. Listen now to learn how we’ve turned disadvantages into advantages to get to where we are and what you can do to overcome the victim mentality to actually start achieving success in life! Key Talking Points of the Episode 00:00 Introduction 01:05 What was my childhood like? 03:28 How can having a victim mentality set you back in life? 04:12 How can you turn your disadvantages into advantages? 06:35 Why is it important to overcome the victim mentality? 09:07 What could happen if you’re constantly relying on other people? 10:09 How can you take control of your financial situation? 12:16 What is the reality behind motivation? 13:21 What was my mindset towards financial freedom? 14:50 What should your goal always be? 15:31 How did our mindset get us where we are today? 18:37 Why is it important to truly believe that you can become successful? 20:02 How will learning to overcome adversity keep you move forward? 21:44 Why is it important to surround yourself with the right people? 22:46 How did my mindset shift help me achieve success? Quotables “There’s nothing in this world that’s gonna help you. No one’s your savior, you’re your own savior.” “If you’re not a killer, if you’re not a dog, you’re not gonna win. You’re gonna let too many excuses floating with the wind and you’re gonna never accomplish much. You’re gonna be so average, it’s gonna be sickening.” “You can see success if you choose to see success, but there’s limiting beliefs that people have nonstop that are holding them back.” Links Book: Breaking the Habit of Being Yourself
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Ep. 11: From $91k in debt to $260M+ in Multi Family Real Estate
05/28/2024
Ep. 11: From $91k in debt to $260M+ in Multi Family Real Estate
In this conversation, Eric Chadderdon shares his journey from growing up with parents in the real estate business to becoming a successful multifamily real estate investor. He discusses the importance of financial education and early entrepreneurship in shaping his mindset around money. Eric emphasizes the power of perseverance and not quitting, sharing his experiences of overcoming challenges and rejection. He also highlights the significance of networking and building relationships in the real estate industry. Finally, Eric discusses his upcoming venture in the education business, where he aims to teach others how to succeed in multifamily real estate. The conversation covers topics such as membership places and risk, the game of business and success, surrounding yourself with the right people, recording and editing videos, course quality and feedback, future plans and gratitude, and requirements to become a general partner. Chapters 00:00 - Growing Up with Money 06:28 - Parents' Real Estate Ventures 08:06 - Financial Education and Early Entrepreneurship 11:06 - Transition to Multifamily Real Estate 22:22 - Multifamily Real Estate Journey 24:48 - Investing in Yourself and Mentorship 28:23 - The Importance of Networking and Relationships 34:07 - Launching an Education Business 36:41 - The Value of Investing in Yourself 37:49 - Membership Places and Risk 38:14 - The Game of Business and Success 39:02 - Surrounding Yourself with the Right People 39:17 - Closing Remarks
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Ep. 10: Are you maximizing you?
05/21/2024
Ep. 10: Are you maximizing you?
One of the most challenging parts of achieving comfort and success in life that nobody talks about is how you continue moving forward. Many people face the challenge of identifying what their next step would be because they’re already at a good place but if you’re not challenging yourself and working hard to maximize your potential, that means you’re slowly going backwards – and that’s something nobody wants. Listen to this episode to learn what it’s like to be stuck in comfort, why we should continuously seek out growth, and how you can make sure you’re finding ways to maximize your potential! Key Talking Points of the Episode 00:00 Introduction 02:25 What is the struggle we’re facing in identifying the next step for us? 04:33 Why is it important to learn how to maximize your strengths? 06:30 What could happen if you stay in your comfort zone? 07:59 What is the value of having an impact on other people’s lives? 09:34 How can you find a deeper purpose in life? 11:54 How can you use your experience to help other people get comfortable? 14:02 What could your future look like if you took action and used your skills today? 15:00 How can you maximize your potential today? Quotables “I believe most of life is about giving to others – to be able to use your talents to help other people, to inspire other people, to get people in a better position.” “What keeps you going is the bigger “why”, so one of our biggest goals right now is to donate $1 million to Gervais Syndrome.” “I believe wholeheartedly that if you stay where you’re at, you’re actually dying, slowly and steadily.”
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Ep. 9 - The Truth Behind Entrepreneurship & Budgetdog
05/14/2024
Ep. 9 - The Truth Behind Entrepreneurship & Budgetdog
Entrepreneurship is a wonderful journey and it can give you a beautiful future if you learn how to do it the right way, but it’s not for everybody and that’s okay. With so many people taking their stories to social media today, telling you “anyone can do it”, you have to make sure you really know what you’re getting yourself into before you make major decisions that could affect other aspects of your life. Listen to this episode to learn more about the journey into entrepreneurship, the truth behind taking the leap of faith, and what our experience has been like as we built Budgetdog! Key Talking Points of the Episode 00:00 Introduction 01:35 How did we get interested in entrepreneurship? 03:22 What were the early years of business like for us? 05:19 How much responsibility will you have as you start your own business? 07:18 How would people see your success from the outside? 10:53 What is hard work really like in entrepreneurship? 14:10 How much would you need to sacrifice to build a successful business? 15:25 What can you do to be more disciplined as an entrepreneur? 18:26 How much are entrepreneurs risking to achieve success in business? 20:52 What was the transition from corporate to entrepreneurship like for us? 24:20 What was my motivation to make the business work? 29:04 What should you keep in mind when you look at successful entrepreneurs? Quotables “I wanna remind everybody that the mindset for entrepreneurship isn’t for everybody and that’s okay.” “If you don’t build yourself up as a better quality person, your business will fall on its face really fast and you gotta change very fast. Adaptability is one of the biggest traits I see in highly successful people.” “You might start 3 steps behind, you might also start 3 steps ahead, and ultimately it doesn’t matter. The cards that you were dealt, you need to figure out to use this to the best of your ability.” Links Website: Budgetdog Instagram: Brennan Schlagbaum
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Ep. 8 - Five Things That Are Holding People Back From Starting & The Psychology Behind it with a Financial Therapist!
05/07/2024
Ep. 8 - Five Things That Are Holding People Back From Starting & The Psychology Behind it with a Financial Therapist!
Heather Brito is an experienced trauma psychologist and coach who helps people understand the connection between their mind and their financial behavior. She uses her expertise in psychology to uncover the things that need to be changed in order to become mentally and financially healthy and she is with us today to talk more about the importance of your mindset to your financial situation. Listen now to learn more about financial psychology, the real reason we struggle with finances, and what we can do to get ourselves in better financial situations! Key Talking Points of the Episoder 00:00 Introduction 01:13 Who is Heather Brito? 02:06 How does the lack of financial literacy hold people back from success? 06:07 What is negative cognition and how does it affect your finances? 09:24 What is the real reason for emotional spending? 14:24 How can you overcome your negative cognition? 21:10 What is the importance of understanding the psychology behind your finances? 22:15 How does negative cognition trigger impulsive behavior? 26:44 What are the psychological barriers that hold people back from financial success? 28:58 What can people do to change their financial future? 31:40 What is the reality behind what people see as “rich”? 34:14 Why is it important to be intentional with your finances? 39:29 How do cognitive biases hold you back from making better financial decisions? 42:52 How will awareness of your negative cognition help you overcome cognitive biases? 45:54 What is Heather’s advice for people who want to get to better financial situations? 46:13 How can you connect with Heather? Quotables “If I don’t know something and I wanna learn a little more about it or I feel dumb, I’m probably gonna get a book, join a webinar – I’m gonna do something like that to get a little more knowledge if it’s something I’m struggling with.” “It’s perspective, it’s at no fault of anyone. It’s what someone perceives.” “If it’s a strong positive fact, you usually can’t argue with it. That will shift you out of the part of the brain that holds the negative cognition.” Links Website: Heather Brito
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Ep. 7 - Five Things to Overcome to Become a Financial Success
04/30/2024
Ep. 7 - Five Things to Overcome to Become a Financial Success
Welcome back to another insightful episode of "Money On My Mind" with me, Brennan Schlagbaum. Today, we delve deep into the core challenges hindering financial success. Joined by Tom, a skilled student success manager from Budget Dog Academy, we explore the five pivotal barriers that often hold many back from financial prosperity. This episode is tailored for anyone from high earners who underestimate the power of budgeting to individuals trapped in the paycheck-to-paycheck lifestyle, providing actionable insights and practical tips to revolutionize your financial journey. Episode Highlights [00:40] - Unpacking Financial Challenges: Tom introduces the five critical obstacles to achieving financial success. [02:10] - The Budgeting Myth: High earners often neglect budgeting. Tom explains why it's essential, regardless of income. [03:28] - Journey from Budgeting to Wealth: Real-life success stories demonstrating the transformative power of effective budgeting. [09:30] - Mastering Cash Flow: Strategies for managing newfound cash flow and the importance of purposeful investing to avoid financial stagnation. [14:13] - Avoiding Investment Mistakes: Common errors in investment strategies that can impede long-term growth. [22:45] - Navigating Investment Risks: The importance of understanding and managing risks to maintain and grow wealth. [33:44] - The Psychological Side of Finance: How emotional factors impact financial decisions and overall financial health. [38:19] - Living for Today and Tomorrow: Tom shares a poignant story highlighting the necessity of enjoying life while securing a financial future. [43:05] - Conquering Financial Shame: Tips on how to confront and overcome the shame and guilt associated with financial struggles. [45:30] - Steps to Financial Recovery: Practical advice for anyone feeling financially left behind. Links & Resources Budget Dog Academy: https://budgetdog.com/ Closing Thoughts If you're aiming to break free from financial constraints and step towards a life of abundant wealth, don't miss this episode. Make sure to subscribe, follow, and share "Money On My Mind" if you find this discussion beneficial. Your ratings and reviews help us reach and help more people like you achieve financial freedom. Tune in next week for more empowering financial insights!
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Ep. 6 - From $100k In Debt To Debt Free!
04/23/2024
Ep. 6 - From $100k In Debt To Debt Free!
In this conversation, Lindsay Stamp shares her journey of overcoming debt and achieving financial freedom. She discusses her upbringing and the money mindset she developed from her parents' hard work. Lindsay talks about the impact of a traumatic event on her perspective on life and money. She emphasizes the importance of being willing to make sacrifices and take action to achieve financial goals. Lindsay also highlights the significance of open communication and alignment with a spouse or partner when it comes to money management. In this conversation, Brennan and Lindsay discuss the potential for Lindsay to start her own business in personal finance and wealth building. Lindsay expresses her desire to create and build something for herself and feels pulled to teach people how to handle their finances. Brennan encourages her to pursue this path, highlighting her communication skills and relatability. He shares his own experience of building a business and emphasizes the potential for multiple revenue streams. They also discuss the dynamics of the Wealth Squad community and the different perspectives on Bitcoin within the group. Overall, the conversation inspires Lindsay to take action and pursue her passion for personal finance. Lindsay Stamp's Twitter: @lindsaystamp3
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Ep. 5 - Shame & Embarrassment Around Money
04/16/2024
Ep. 5 - Shame & Embarrassment Around Money
In this conversation, Brennan discusses the shame and embarrassment that many people feel around money. He shares an email he sends to students who have fallen off track in their financial goals, emphasizing the importance of not feeling ashamed or embarrassed. Brennan highlights the need to set realistic goals and avoid self-blame when they are not achieved. He explains that our beliefs and behaviors around money can be rewired, and that success is within reach if we change our mindset. Brennan encourages listeners to disconnect their emotions from financial success and focus on building a new set of programs for financial freedom. Takeaways: Shame and embarrassment around money can prevent people from addressing their financial issues. Setting realistic goals and avoiding self-blame is crucial for financial success. Our beliefs and behaviors around money can be rewired to achieve different results. Disconnecting emotions from financial success can lead to empowerment and freedom. Financial success is possible regardless of upbringing or past experiences with money. Chapters: 00:00: Shame and Embarrassment Around Money 03:24: The Importance of Setting Realistic Goals 06:11: Overcoming Self-Blame and Shame 09:23: Rewiring Our Beliefs and Behaviors 11:21: Disconnecting Emotions from Financial Success
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Ep. 1 - The Power Of Intention
04/06/2024
Ep. 1 - The Power Of Intention
In this episode, Brennan introduces the Money on My Mind podcast and discusses its purpose of simplifying the financial world and empowering everyday people to take control of their finances. He emphasizes the power of intention and how it can transform one's life, sharing his own experience of paying off a significant amount of debt. Brennan also highlights the importance of taking action and setting goals, as well as the journey of growth and momentum that comes with intentional living. He concludes by encouraging listeners to strive for excellence in their everyday actions. Takeaways The power of intention can have a transformative impact on one's financial and personal life. Taking action and setting goals are crucial steps towards achieving financial success. The journey of growth and momentum is ongoing and requires continuous effort and intentionality. Excellence in the ordinary, focusing on small daily actions, can lead to significant long-term results. Chapters: 00:00Introduction and Purpose of the Podcast 03:34The Power of Intention 10:25Taking Action and Setting Goals 15:12The Journey of Growth and Momentum 17:41Excellence in the Ordinary 19:38Conclusion and Next Steps
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Ep. 4 - Spreadsheet Math Is Simply Theoretical
04/06/2024
Ep. 4 - Spreadsheet Math Is Simply Theoretical
In this episode, Brennan shares his journey of paying off his mortgage at a young age and the reasons behind this decision. He discusses how he and his wife paid off their non-mortgage debt first and then started considering paying off their mortgage for financial freedom. Brennan emphasizes the importance of being prepared for life's challenges and how paying off the mortgage provided them with the flexibility to navigate unexpected situations. He also highlights the limitations of relying solely on spreadsheet math and the need to consider other assumptions in financial decision-making. Takeaways Paying off non-mortgage debt before the mortgage can provide a solid foundation for financial freedom. Paying off the mortgage can provide the flexibility to pursue other goals and navigate unexpected challenges. Life is unpredictable, and it's important to be prepared for unexpected events. Spreadsheet math is valuable, but it should be complemented with an understanding of real-life assumptions and considerations. Chapters: 00:00Introduction 00:55Paying off Non-Mortgage Debt 01:53Considering Paying off the Mortgage 03:11Paying off the Mortgage for Financial Freedom 04:35The Decision to Pay off the Mortgage 06:02Life Happens After Paying off the Mortgage 07:27The Importance of Being Prepared for Life's Challenges 09:24Quitting the Nine-to-Five Job 10:24The Challenges of Parenting a Medically Complex Child 13:59Moving Across the Country 17:03The Limitations of Spreadsheet Math 18:32The Importance of Considering Life's Assumptions 19:28Conclusion
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Ep. 3 - The Relationship Between Time & Money
04/06/2024
Ep. 3 - The Relationship Between Time & Money
This conversation explores the relationship between time and money and how they impact our lives. The host emphasizes the importance of understanding this relationship and how it can lead to a better and more fulfilled life. The chapters cover topics such as the role of time in wealth building, the implication of time in our financial future, maximizing money and understanding life's purpose, using money to gain more time, overcoming scarcity mindset, investing in oneself, the power of mentorship, and changing mindset to spend money wisely. Takeaways Time is a crucial factor in wealth building, with compound interest over a long period being the key to significant growth. Maximizing money should not be the sole focus; it is important to have a clear goal and purpose for financial success. Using money to gain more time can lead to a more fulfilled life. Overcoming scarcity mindset and investing in oneself is essential for financial growth. Mentorship can provide valuable insights and accelerate one's journey to success. Changing mindset to view money as a tool for gaining time can lead to a more prosperous and fulfilling life. Chapters: 00:00The Importance of Time and Money 02:05The Role of Time in Wealth Building 04:09The Implication of Time in Your Financial Future 06:01Maximizing Money and Understanding Life's Purpose 07:27Using Money to Gain More Time 08:24Overcoming Scarcity Mindset and Investing in Yourself 11:20The Power of Mentorship 12:44Changing Mindset and Spending Money Wisely 15:08Spend Money to Get More Time Back
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Ep. 2 - 8 Things To Escape The 9-5
04/06/2024
Ep. 2 - 8 Things To Escape The 9-5
In this conversation, Brennan shares the eight things he did to escape the rat race. He was motivated to make a change after witnessing his boss prioritize work over family. The chapters cover various aspects of achieving financial independence and living a fulfilling life. Brennan emphasizes the importance of surrounding oneself with the right people, setting clear goals, partnering with a supportive spouse, being committed and willing to make sacrifices, eliminating debt, saving a significant portion of income, building a community of like-minded individuals, and finding a meaningful mission beyond financial success. Takeaways Surround yourself with people who inspire and align with your goals. Set clear and specific goals, and write them down. Choose a supportive partner who shares your vision. Be committed and willing to make sacrifices to achieve your goals. Eliminate debt to gain financial freedom. Save at least 20% of your income for future goals. Build a community of like-minded individuals who support and motivate you. Find a meaningful mission that goes beyond financial success. Chapters: 00:00Introduction and Motivation 03:25Chapter 1: Stop Listening to the Wrong People 06:19Chapter 2: Get Clear on Your Goals 07:14Chapter 3: Partner with the Right Person 09:10Chapter 4: Be Willing to Do Whatever It Takes 13:24Chapter 5: Eliminate Debt 14:50Chapter 6: Save at Least 20% of Your Income 16:44Chapter 7: Build Community 17:38Chapter 8: Find Your Mission
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