Personal Finance Education
About This Show
Teaching financial wellness & promoting financial literacy. Tired of the same old money advice from road weary gurus? We talk about the math, yes, but this show focuses primarily on the psychology of money. Usually the biggest obstacle to financial success is your current thinking. Change your mind, change your money.
Most Recent Episode
All About The Contrast - 227 DSR
1 day ago
How can you know good paycheck if you've never known bad paycheck? As the late Jim Rohn once said, “How can you know good paycheck if you’ve never known bad paycheck?” 1) Take a trip to the poor side of town. Jim John gave the advice of taking your kids to the poor side of town. Show them how people who’ve made different financial decisions live. Trash in the street, cars up on blocks, yards uncut, houses in disrepair. 2) Why can’t you afford it? Where does the money go? It goes one dollar at a time on beer, cigarettes, entertainment, fast food, etc. The cost of our habits add up slowly over time. Financially and physically. 3) Contrast can motivate us to move up, move out or move on. Nothing wrong with your first teenage years job being fast food, for example. Low pay, hard work. Teaches you responsibility, promptness, team work, dealing with customers (good/bad), etc. And hopefully motivates you to want to get out of there after a short season. There’s the contrast. By the time you start your first part time job, you should have most of these skills/experiences already instilled in you by your parents. If they did a good job of providing you with contrast, and not protecting you from the world, your first part time job should be a much better experience. Contrast. If everyone was the same, life would be boring. But only if we’ve first experienced everyone being different in the first place. Resource: Jim Rohn Debt Shepherd 2017, All Rights Reserved Get Your Mind Straight. Get Your Money Straight