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Mental Strength and Money: Warrior Mind Podcast #440
Over four years and going
strong! With over 800,000 downloads from
over 9 countries and 5 continents’…. this is the Warrior Mind Podcast.
In this episode of the
Warrior Mind Podcast I’m going to go over some thoughts about mental strength
and money and how your relationship with money is more hidden and more
important than you think!
Mental Strength and Money
Future value is the value of
an asset at a specific date. It measures the nominal future sum of money that a
given sum of money is “worth” at a specified time in the future
assuming a certain interest rate, or more generally, rate of return; it is the
present value multiplied by the accumulation function.
1. Define your purpose in
life.
Many people are living day
to day. Sometimes, they’re working dead-end jobs that don’t accomplish their
life goals.
Sometimes, they don’t even
have life goals!
Don’t let this be you.
Define your purpose in life.
Here are some questions that
can help you define your purpose in life:
- “How would you like to leave the world a
better place?”“What influence do you want to have on
others?”“Why are you doing what you’re currently
doing in life?”
2. Focus on your needs.
The challenge for all of us
is to not live in surplus. This is difficult to accomplish, but it’s the most
generous way.
By focusing on our needs and
meeting those, we can find ourselves more willing to give our surplus to
others. The truth of the matter is, stuff only makes us happy for a short
period of time. True happiness, friends, is found elsewhere.
3. Educate yourself about
others’ needs.
Once we’re willing and able
to be generous, it’s important to educate ourselves about others’ needs.
If you’re going to give to
the homeless, find the best organizations to give to that are focused on
helping the needy instead of their own wallets. This is just one example.
Make generous financial
decisions.
Enjoy
this podcast on the power of wellbeing
Rich
Dad Poor Dad Key Points
The Five Big Ideas
- The poor and the middle-class work for money. The
rich have money work for them.
- It’s not how much money you make that matters. It’s
how much money you keep.
- Rich people acquire assets. The poor and middle
class acquire liabilities that they think are assets.
- Financial aptitude is what you do with money once
you make it, how you keep people from taking it from you, how to keep it
longer, and how you make money work hard for you.
- The single most powerful asset we all have is our
mind.
For
a more in-depth discussion about this topic request your Introductory
Consultation.
Subscribe
to the Warrior Mind Podcast HERE.
Related Posts
View all episodes
By Gregg Swanson
4
5757 ratings
Over four years and going
strong! With over 800,000 downloads from
over 9 countries and 5 continents’…. this is the Warrior Mind Podcast.
In this episode of the
Warrior Mind Podcast I’m going to go over some thoughts about mental strength
and money and how your relationship with money is more hidden and more
important than you think!
Mental Strength and Money
Future value is the value of
an asset at a specific date. It measures the nominal future sum of money that a
given sum of money is “worth” at a specified time in the future
assuming a certain interest rate, or more generally, rate of return; it is the
present value multiplied by the accumulation function.
1. Define your purpose in
life.
Many people are living day
to day. Sometimes, they’re working dead-end jobs that don’t accomplish their
life goals.
Sometimes, they don’t even
have life goals!
Don’t let this be you.
Define your purpose in life.
Here are some questions that
can help you define your purpose in life:
- “How would you like to leave the world a
better place?”“What influence do you want to have on
others?”“Why are you doing what you’re currently
doing in life?”
2. Focus on your needs.
The challenge for all of us
is to not live in surplus. This is difficult to accomplish, but it’s the most
generous way.
By focusing on our needs and
meeting those, we can find ourselves more willing to give our surplus to
others. The truth of the matter is, stuff only makes us happy for a short
period of time. True happiness, friends, is found elsewhere.
3. Educate yourself about
others’ needs.
Once we’re willing and able
to be generous, it’s important to educate ourselves about others’ needs.
If you’re going to give to
the homeless, find the best organizations to give to that are focused on
helping the needy instead of their own wallets. This is just one example.
Make generous financial
decisions.
Enjoy
this podcast on the power of wellbeing
Rich
Dad Poor Dad Key Points
The Five Big Ideas
- The poor and the middle-class work for money. The
rich have money work for them.
- It’s not how much money you make that matters. It’s
how much money you keep.
- Rich people acquire assets. The poor and middle
class acquire liabilities that they think are assets.
- Financial aptitude is what you do with money once
you make it, how you keep people from taking it from you, how to keep it
longer, and how you make money work hard for you.
- The single most powerful asset we all have is our
mind.
For
a more in-depth discussion about this topic request your Introductory
Consultation.
Subscribe
to the Warrior Mind Podcast HERE.
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