The Tutor Podcast

Master Your Money Mindset


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Have you ever thought about your attitude towards money? And whether that reflects in your current financial status? Join Neil today as he discusses how your attitude towards money decides whether you will have money in abundance, or spend your life skint. Discover how money simply amplifies your personality, how it can serve as feedback for the value you give to people and how to make money whilst you’re sleeping.

 

KEY TAKEAWAYS

  • Your whole attitude towards money is a big factor in whether you can create and accumulate wealth or whether you are always going to be skint. It is really important to get your head straight about money as it matters for both your business success and your personal happiness.

 

  • Money is essentially neutral. It doesn't do anything in and of itself other than amplify who you are. Money allows you to be more of who you are and what you are. Money is essentially a system of storing and transmitting value. If you can get away from the idea that money is somehow difficult to get hold of you will find it will make its way to you, because you expect it to come to you.

 

  • Money is a by-product of excellence. It is feedback that you are doing a great job and are providing massive value for your students. The more value that you can provide to your customers in any of the areas that you are active, the more money, feedback and positive response for that value you can receive.

 

  • Always spend less than you earn, it could not be easier than that. If you follow this rule every month then you will get progressively richer. Before you pay for anything for anything else you save or invest a predetermined percentage of your paycheck or income. You have to protect your rainy day fund.

 

  • Make your money work for you. If you invest in property you can essentially make money, whilst you are asleep. As long as you look after your tenants and your properties, that money will continue to come into your bank account each month. The more money that comes in, the more units you can buy.

 

BEST MOMENTS

“If your beliefs about money aren't helpful, then by definition they are  probably hurting you.”

“If you’re a pratt, and you’re skint then the chances are you are going to be an even bigger pratt with money.”

“Every time somebody pays me I go ‘cool, I did something worthwhile for them and they’re happy to exchange that into value for what I have done for them’.”

“If your rainy day fund is easily accessible, you know it is going to rain pretty soon.”

 

VALUABLE RESOURCES

  • Listen to The Tutor Podcast on the Apple Podcasts (https://podcasts.apple.com/us/podcast/the-tutor-podcast/id1369191372)!
    • Build Your Online Course Week 1: https://podcasts.apple.com/us/podcast/build-your-online-course/id1369191372?i=1000477109724
  • Course Planning Week 2: Who Am I?: https://podcasts.apple.com/us/podcast/build-your-online-course/id1369191372?i=1000477109724
  • Who are They? (Know Your Punters): https://podcasts.apple.com/gb/podcast/who-are-they-know-your-punters/id1369191372?i=1000478984529
  • Read the Weird Things Guitarists Do book by Neil Cowmeadow, which is available now on Amazon. Link - https://www.amazon.co.uk/Weird-Things-Guitarists-Do-Misconceptions/dp/1519026579/
  • Contact Neil via this website - com!
  • ABOUT THE HOST

    Neil Cowmeadow is a maverick peripatetic guitar teacher from Telford with over 19 years’ experience in the business of helping people. Learn how to start, grow and love your business with Neil’s invaluable advice and tips without the buzzwords and BS!

    CONTACT METHOD

    [email protected]

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    The Tutor PodcastBy Neil Cowmeadow

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