Wealth in the Fifth Dimension

39/365: 𝐘𝐨𝐮𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐩𝐥𝐚𝐧 𝐰𝐢𝐥𝐥 𝐟𝐚𝐢𝐥 𝐰𝐢𝐭𝐡𝐨𝐮𝐭 𝐓𝐇𝐈𝐒...


Listen Later

Hey everyone, Joe Soto here, and I just wrapped up another episode of Wealth in the Fifth Dimension, and this one's a game-changer.  We dove deep into something I've been wrestling with myself lately: the power of a family mission statement.  It hit me – how can I preach financial responsibility to my family if I don't have a clear mission for myself?  It's like trying to give someone something you don't possess.

This episode explores how crucial a family mission statement is for financial success, and really, for overall well-being.  I talked about how easily families can get swayed by external pressures, especially when it comes to money.  The world's constantly throwing opinions at us, and without a solid foundation, it's easy to get pulled in different directions.  One minute everyone's hyping up one investment, the next it's something completely different.  If your family doesn't know what it stands for, your financial plan is likely to crumble.

The core message?  A financial plan means nothing if your family doesn't stand for anything.  "He who stands for nothing falls for anything," as they say.  We talked about how a clear mission provides that rock-solid foundation, so you're not constantly being tossed around by the waves of societal pressure.  It gives you a safe place to come back to, a set of shared values to guide your decisions.

And it's not just about finances.  A family mission statement is an act of love.  It's not just some abstract concept; it's something you actively do.  It's a covenant, a promise you make to each other.  I challenged listeners to consider whether they have a covenant that accompanies their financial plan, and how not having one could impact everything from their wealth and health to their faith, relationships, and even their marriage and family dynamics.  This isn't just about money, folks.  It's about building a strong, unified family that can weather any storm.  Check out the episode for more, and let me know what you think!


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

Wealth in the Fifth DimensionBy Joe Soto