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053FF: How to Make Lasting Generational Wealth | My Plan to NOT Spend Money This Year
In this conversation, Chris and Dominic recap their podcast episode with guest Paul DeLowery. They discuss the importance of passing down knowledge and lessons to future generations, the power of creating a family legacy, and the impact of personal experiences on one's mindset. They also share a story about an Uber driver from Iraq who overcame adversity and is working hard to improve his life. The conversation emphasizes the importance of taking ownership of one's circumstances and striving for personal growth. The conversation revolves around the idea of preparing for financial uncertainty by stockpiling food and supplies. The hosts discuss the impact of poverty on one's mindset and the desire to create a safety net for their family. They explore the potential risks and drawbacks of this approach, such as the loss of money invested in bulk purchases and the lack of liquidity. They also emphasize the importance of building an emergency fund and having a budget. The hosts share their personal experiences and offer advice on reframing thoughts and focusing on long-term goals.
🔔 Subscribe for More Content:
📌 Connect With Us:
The Fi Guys
WebsiteMonzon Wealth
Facebook
Instagram
Twitter
LinkedIn
📧 Contact Us:
For FI Friday Feedback questions, business inquiries, or collaboration opportunities, please email us at: [email protected]
💬 Leave a Comment:
We love hearing from our viewers! Share your thoughts, questions, or suggestions in the comments section below. We'll do our best to respond to each one.
⏰ Timecodes ⏰
00:00 Intro
03:05 Passing Down Knowledge: Breaking Generational Sin
16:35 Creating a Family Legacy: Direction and Values
24:30 Personal Experiences and the Psychology of Money
27:47 Taking Ownership: Striving for Self-Improvement
30:40 The Power of Perspective: Shaping Our Outlook on Life
31:27 Viewer Mailbag
58:20 Wins Of The Week
#familylegacy #reframing #generationalwealth
~~~~~~~
Disclaimer: The FI Guys is a podcast dedicated to providing general information and insights on a wide range of wealth-related topics. The views and opinions expressed in this podcast are those of the hosts and guests and do not constitute personalized financial advice.
The content provided in this podcast is for educational and informational purposes only. It should not be considered a substitute for professional financial advice. Your financial situation and goals are unique, and the information provided here may not be applicable or suitable to your specific circumstances.
We, the hosts and guests on The Fi Guys are not acting as your financial advisors. We are not aware of your individual financial situation, risk tolerance, or investment objectives. Any decisions or actions you take based on the information provided in this podcast are your own and made at your own risk.
This video podcast is sponsored by Monzon Wealth. The content in this podcast is for informational purposes only and should not be considered financial advice. We do not endorse specific products or services. Past performance doesn't guarantee future results. The opinions expressed are those of the hosts and guests, not the podcast sponsors.
It is crucial to consult with a qualified financial advisor or professional who can provide advice tailored to your specific needs before making any financial decisions, investments, or taking any other actions. If you are seeking specified help, you can reach out to Chris at https://www.monzonwealth.com/
View all episodes
By The FI GuysIn this conversation, Chris and Dominic recap their podcast episode with guest Paul DeLowery. They discuss the importance of passing down knowledge and lessons to future generations, the power of creating a family legacy, and the impact of personal experiences on one's mindset. They also share a story about an Uber driver from Iraq who overcame adversity and is working hard to improve his life. The conversation emphasizes the importance of taking ownership of one's circumstances and striving for personal growth. The conversation revolves around the idea of preparing for financial uncertainty by stockpiling food and supplies. The hosts discuss the impact of poverty on one's mindset and the desire to create a safety net for their family. They explore the potential risks and drawbacks of this approach, such as the loss of money invested in bulk purchases and the lack of liquidity. They also emphasize the importance of building an emergency fund and having a budget. The hosts share their personal experiences and offer advice on reframing thoughts and focusing on long-term goals.
🔔 Subscribe for More Content:
📌 Connect With Us:
The Fi Guys
WebsiteMonzon Wealth
Facebook
Instagram
Twitter
LinkedIn
📧 Contact Us:
For FI Friday Feedback questions, business inquiries, or collaboration opportunities, please email us at: [email protected]
💬 Leave a Comment:
We love hearing from our viewers! Share your thoughts, questions, or suggestions in the comments section below. We'll do our best to respond to each one.
⏰ Timecodes ⏰
00:00 Intro
03:05 Passing Down Knowledge: Breaking Generational Sin
16:35 Creating a Family Legacy: Direction and Values
24:30 Personal Experiences and the Psychology of Money
27:47 Taking Ownership: Striving for Self-Improvement
30:40 The Power of Perspective: Shaping Our Outlook on Life
31:27 Viewer Mailbag
58:20 Wins Of The Week
#familylegacy #reframing #generationalwealth
~~~~~~~
Disclaimer: The FI Guys is a podcast dedicated to providing general information and insights on a wide range of wealth-related topics. The views and opinions expressed in this podcast are those of the hosts and guests and do not constitute personalized financial advice.
The content provided in this podcast is for educational and informational purposes only. It should not be considered a substitute for professional financial advice. Your financial situation and goals are unique, and the information provided here may not be applicable or suitable to your specific circumstances.
We, the hosts and guests on The Fi Guys are not acting as your financial advisors. We are not aware of your individual financial situation, risk tolerance, or investment objectives. Any decisions or actions you take based on the information provided in this podcast are your own and made at your own risk.
This video podcast is sponsored by Monzon Wealth. The content in this podcast is for informational purposes only and should not be considered financial advice. We do not endorse specific products or services. Past performance doesn't guarantee future results. The opinions expressed are those of the hosts and guests, not the podcast sponsors.
It is crucial to consult with a qualified financial advisor or professional who can provide advice tailored to your specific needs before making any financial decisions, investments, or taking any other actions. If you are seeking specified help, you can reach out to Chris at https://www.monzonwealth.com/