The ONE Thing

309. Are Your Relationships Undermining or Building Your Wealth?


Listen Later

You are the average of the five people you spend the most time with. This is true of every area of your life – especially your finances.

You may think of your financial wellbeing as something you do alone or with your significant other. You may think it comes down to your level of discipline or ambition. But there’s one overlooked thing that also determines how much money you make, save, or invest: the people you surround yourself with.

If you’re purposeful, you won’t just have relationships, you’ll have wealth determiners: people that have a positive influence on your life and your finances. Who do you surround yourself with? Are they helping you or hindering you from building your wealth? Jay and Wendy Papasan are going to show you how to identify the difference.

Every year, we hold a Goal Setting Retreat for couples and teach this concept (along with an exercise to determine if you are missing wealth determiners and how to find them, or if any of your current relationships are undermining your wealth building). If you want to have this process facilitated for you visit the1thing.com/setmygoals.

To learn more, and for the complete show notes, visit: the1thing.com/podcast.

In this episode, you will learn...

  • [02:25] Understanding how your relationships impact your wealth
  • [05:40] Identifying your wealth determiners
  • [09:36] Creating reciprocal relationships
  • [16:42] Viewing relationships as an investment

  • Links & Tools From This Episode

    • the1thing.com/setmygoals


    Mentioned in this episode:

    Factor 75

    Head to FactorMeals.com/one50 and use code one50 to get 50% off. That’s code one50 at FactorMeals.com/one50 to get 50% off!

    Factor 75

    ...more
    View all episodesView all episodes
    Download on the App Store

    The ONE ThingBy Keller Podcast Network

    • 4.8
    • 4.8
    • 4.8
    • 4.8
    • 4.8

    4.8

    1,090 ratings


    More shows like The ONE Thing

    View all
    BiggerPockets Real Estate Podcast by BiggerPockets

    BiggerPockets Real Estate Podcast

    16,718 Listeners

    Progress Mode with Brendon Burchard by Brendon Burchard

    Progress Mode with Brendon Burchard

    3,604 Listeners

    Achieve Your Goals with Hal Elrod by Hal Elrod

    Achieve Your Goals with Hal Elrod

    1,329 Listeners

    The Tom Ferry Podcast Experience by Tom Ferry

    The Tom Ferry Podcast Experience

    1,111 Listeners

    The School of Greatness by Lewis Howes

    The School of Greatness

    21,162 Listeners

    The StoryBrand Podcast by StoryBrand.com

    The StoryBrand Podcast

    1,927 Listeners

    It's a Good Life by Brian Buffini

    It's a Good Life

    2,515 Listeners

    THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

    THE ED MYLETT SHOW

    13,992 Listeners

    Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents by D.J. Paris

    Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents

    274 Listeners

    Maxwell Leadership Podcast by John Maxwell

    Maxwell Leadership Podcast

    2,447 Listeners

    Ninja Selling Podcast by Ninja Selling

    Ninja Selling Podcast

    324 Listeners

    Habits and Hustle by Jen Cohen

    Habits and Hustle

    811 Listeners

    Hustle Humbly Podcast by Alissa Jenkins & Katy Caldwell

    Hustle Humbly Podcast

    898 Listeners

    Empire Building by Keller Podcast Network

    Empire Building

    423 Listeners

    The Millionaire Real Estate Agent | The MREA Podcast by Keller Podcast Network

    The Millionaire Real Estate Agent | The MREA Podcast

    391 Listeners

    BigDeal by Codie Sanchez

    BigDeal

    920 Listeners

    The Color of Money | Transformative Conversations for Wealth Building by Keller Podcast Network

    The Color of Money | Transformative Conversations for Wealth Building

    32 Listeners

    Think Like A CEO with Gary Keller & Jay Papasan by Keller Podcast Network

    Think Like A CEO with Gary Keller & Jay Papasan

    2 Listeners