Money On My Mind

Correcting impulsive spending early helps develop strong financial habits that support long-term stability and smart money management. It instills the discipline needed to resist unnecessary purchases, making it easier to save for meaningful goals and investments, allowing you to build wealth that generations after you will benefit from. Without these skills, impulsive spending can lead to debt and financial stress that become harder to manage later in life.

Listen now to learn how to overcome impulsive spending and the three deep questions you have to ask yourself to do so!

Key Talking Points of the Episode

00:00 Introduction

01:10 Question 1: What happens if you continue this cycle?

03:45 How can letting the cycle continue impact your future?

06:50 How can you work with the Budgetdog Academy team?

09:30 What impact did impulsive spending habits have on us in 2008?

12:52 Question 2: Why do you feel that way?

15:28 What are the most common reasons for impulsive spending?

17:33 Why is it important to understand the real cause of impulsive spending habits?

19:27 How will your spending habits impact generations after you?

21:17 Why do you need to take action to change your spending habits today?

23:23 How did changing my mindset set us up for financial success?

27:37 How did our financial habits help us prepare for difficult situations?

33:41 What is the benefit of changing your spending habits early in life?

Quotables

"The pain of staying the same isn't as bad as the pain of change."

"If you don't change your financial habits, you're essentially signing up for a lifetime of being a slave to your job."

"Boring wins when it comes to building wealth—discipline and consistency over flashy purchases."

Links

Budgetdog Academy

www.budgetdogacademy.com

The Roadmap to Financial Freedom

https://budgetdogacademy.com/order-now

For most people, financial freedom is the end goal and financial stability is just a step along the way. This is how this roadmap works and if you're not sure when you are financially stable, there are 3 levels that can help you identify where you are and how far you've got until you achieve your financial goals.

Listen to this episode to learn more about getting on the right path to financial freedom, achieving financial stability, and what the 3 levels are to help guide you on your journey!

Key Talking Points of the Episode

00:00 Introduction

01:21 What is the first level of achieving financial freedom like?

04:26 What are the key pieces of level 1 in achieving financial freedom?

06:28 When do you get to level 2 of achieving financial freedom?

09:04 How will level 2 of achieving financial freedom help you gain confidence?

11:35 How does getting to level 2 give you options in life?

14:02 What is level 3 of achieving financial freedom?

16:30 How does level 3 change your life completely?

18:22 What is the importance of getting through the hardest part of financial freedom?

20:05 What does it take to get on the right path to financial freedom?

Quotables

"Basically the only thing between you and financial freedom at this point is time."

"When you have the confidence to leave your 9-5 to do something you love, your energy follows it."

"When you're at that point, your life changes entirely. You don't need people, you don't need to make an income, you don't need all of these other things and therefore, more money typically comes to you."

Links

Website: Budgetdog

https://budgetdog.com

Do you know why not everybody is a millionaire? It's because they don't know the right way to build wealth and they don't think they can do it, which are essentially 2 of the biggest things that could also be holding you back from achieving financial freedom as well.

Listen now to learn how simple it can be to become a millionaire and what you need to do to start building your wealth today!

Key Talking Points of the Episode

00:00 Introduction

01:21 What is the importance of systems in building wealth?

04:02 What kind of system do you need to be financially free?

07:25 How does following a system give you confidence in building wealth?

09:17 How will your financial plan help you become debt-free?

11:09 What is the smartest way to retire from your 9-5 job?

15:39 How does getting outside your comfort zone bring you success?

18:06 Why is it important to get comfortable with being uncomfortable?

19:41 What system do you need to start building wealth?

21:01 How can automating your investments make wealth building easier?

Quotables

"If you don't use systems, you're going to lose, no matter how hard you work."

"Most people don't do things because they don't believe they can do it."

"You're not gonna become a millionaire instantly, but you're gonna feel good about your money instantly."

Links

Website: Budgetdog

https://www.budgetdog.com

Did you know that one of the biggest things holding you back from achieving financial freedom is your lack of knowledge? This is a simple concept that's been explained by many successful people for decades now and this could be the one thing that's holding you back too, especially if you're skeptical about people who can help you.

Listen to this episode to learn how you can overcome the skepticism towards working with financial professionals and how it can help you get on the right path to financial freedom!

Key Talking Points of the Episode

00:00 Introduction

01:01 What makes it challenging to reach people who need help?

02:11 Why do you need to seek help from a financial professional?

03:03 How can you overcome the skepticism towards working with a financial professional?

04:00 What questions should you be asking if you want to build wealth?

06:02 How can a financial professional help you get on the right path to success?

07:15 Why is it important to have guidance from someone who understands finances?

08:20 How can Budgetdog Academy help you get on the right financial path?

Quotables

"Those that do nothing, I'm telling you right now – the expense, or let's call it the opportunity cost lost in this situation is sickening."

"Most of the time, the reason you don't work with a professional and the reason you think you're gonna figure this out yourself through Google and YouTube, and all this kind of stuff, is because you're skeptical."

"You need to work with a financial professional as soon as humanly possible because what's gonna happen is that you're gonna continue to be skeptical of everybody out there because everybody's here to take your pockets and take your money, and it's ultimately gonna be hurting your pockets."

Links

Website: Budgetdog

https://www.budgetdog.com

We all want to make a ton of money so we can achieve financial freedom, but do you know the real secret behind making it happen? It's not the best product, it's not the newest strategy – it's the purpose that's driving you. This is what Budgetdog made me realize and this is how we got to where we are today.

Listen now to learn the ultimate secret behind making a ton of money and why you need to understand this early on in your career!

Key Talking Points of the Episode

00:00 Introduction

01:20 What was the purpose of Budgetdog in the beginning?

03:23 How did Budgetdog turn into a business for us?

06:27 How did turning Budgetdog into a business change my mindset?

09:04 What happened when we shifted back to focusing on providing value and solutions?

10:20 How does your mindset and approach impact the success of your business?

12:05 Why is marketing important for your business regardless of your purpose?

14:00 What is my goal for you at Budgetdog?

15:01 How did sticking to our purpose to serve help us connect with people who need us?

17:04 How can you find a solution to serve the people you want to help?

18:19 How can focusing on your purpose help your business grow?

Quotables

"In 2019, the internet was a thing. Instagram was a thing, social media was a thing, but not like it is today, to where people actually have courses and products and books and educational series, and things like that they actually sell."

"If you continually give, you have a good heart, and you're really authentic about it, you'll be amazed at what you'll just receive as a result."

"The more I changed my mindset back to focusing on the actual result of the individual, of the person I'm working with, and helping and caring for them, the income would just be a by-product of that."

Links

Website: Budgetdog

https://www.budgetdog.com

Building wealth and achieving success in life will not happen if you're not around the right people. This is what I've learned from the mentors I had throughout my life, especially those I worked with at Deloitte, who have played significant roles to the success I have today.

Listen to this episode to hear what I learned from the three mentors I had in Deloitte and how those lessons changed my life and put me on the path to financial freedom!

Key Talking Points of the Episode

00:00 Introduction

02:05 How can being around the right people encourage your growth?

05:02 What did I learn from my very first mentor at Deloitte?

09:11 Why is mindset the first thing you need to change if you want financial freedom?

12:18 How did my second mentor help me understand the value of investing in connections?

14:34 How can the scarcity mindset hold you back from becoming successful?

17:24 How did changing my mindset put me on the right path to financial freedom?

20:08 What did my third mentor teach me about wealth?

22:31 How can being around the right people help you change your mindset?

24:48 Why are mentors a crucial component to your success?

Quotables

"You're gonna make mistakes. If you're so scared to make mistakes, you're gonna make the biggest mistake which is doing nothing."

"At the end of the day, I think that a lot of people are closer to wealth than they actually are led to believe because they've always been in their little bubble."

"I think a lot of people don't understand the power of just being around somebody you wanna emulate."

Links

Website: Budgetdog

https://budgetdog.com/

When people around you are telling you that you're doing well, you're never going to know what you're missing out on. This is what happened to me early in life and how I lost $1M – just because I didn't know better and I wasn't around people who did.

Listen now to learn how I lost $1 million and what I could've done earlier to prevent it, so you can avoid making the same mistakes I did!

Key Talking Points of the Episode

00:00 Introduction

02:56 What could have happened if I started investing earlier?

06:29 What is holding most people back from investing earlier?

08:46 How did things change when I entered the workforce?

13:38 How can being around the right people help you learn to build wealth?

15:49 How can learning about managing your finances help generations after you?

18:15 Why is it important for you to understand how much you're losing if you're not investing?

19:46 How can taking action today help you achieve financial freedom faster?

23:13 What can you do to start building your wealth today?

Quotables

"You're listening to my mistakes, so learn from it because if you don't learn from my mistakes, you're gonna end up making it yourself and it's too late."

"Although I had some cash, it was being eaten alive by inflation when I could've literally taken that money and instead of opening a fancy bank account with 4 clicks, I could've opened a Roth IRA with also 4 clicks and done the exact same thing."

"If I continued down that path of thinking, not changing the way I think and rewiring my brain, I would continually not ever getting ahead."

The process of achieving financial freedom is not easy, but it's not as complicated as most people make it seem to be either. It can be simple if you know what to do and where to begin, and if you're not sure where that is, you can start with my 5-step Financial Freedom Framework – the system that helped me and my students achieve financial freedom.

Listen to this episode to learn more about the things that can help you achieve financial freedom and how the 5-step Financial Freedom Framework can get you there faster!

Key Talking Points of the Episode

00:00 Introduction

01:55 Step 1: Make Money

05:05 What is the biggest problem people face with making money?

08:30 What can you do if you don't make enough money?

12:09 Step 2: Building a Systematic Engine

14:34 What is the importance of investing in your education?

15:06 Step 3: Joining the Right Circles

18:25 How can you get closer to the right people?

20:42 Step 4: Buying Cash-flowing Assets

24:15 Step 5: Shift Active Income to Passive

26:36 What are the benefits of having passive income?

29:20 What should you keep in mind while building wealth?

33:51 How can focusing on the right things help you achieve financial freedom?

34:59 What is the Five Step Financial Freedom Framework?

Quotables

"This right here is the biggest problem with making money. You don't know how much you need so you constantly are chasing. You're constantly thinking that income is your issue – it's not."

"If you had the education to do this stuff, you're going to become the wealthy individual we're referring to."

"A clear roadmap that shifts your focus to define success as the daily input of the system, not the result of the system."

Links

Website: Budgetdog

https://budgetdog.com/

Achieving financial freedom isn't easy, but it can be very simple if you have the right systems and the right intention. This is something that not a lot of people take into account when they think about building wealth, but it is such a big part of being able to take the right steps and get yourself closer to financial freedom.

Listen to this episode to learn what you can do if you're serious about achieving financial freedom and how you can break away from your limiting beliefs!

Key Talking Points of the Episode

00:00 Introduction

01:15 What is The Roadmap to Financial Freedom about?

02:55 What did I have to start with?

05:04 How important is intention when you're building financial freedom?

07:05 What is the importance of knowing your 'why'?

09:28 Why do you need to check out the Millionaire Club?

10:05 What would happen if you continue to do nothing about your finances?

11:57 How can being intentional help make wealth building easier for you?

14:02 What would it really take for you to get on the right path to financial freedom?

16:45 Why is it important to identify what's holding you back from achieving financial freedom?

Quotables

"I think the biggest thing is it was not easy, I was not lucky, and I had zero hand outs."

"A lot of people are great at different things but if we constantly point to why these people have more than us and we just complain about it, it's not gonna work."

"The financial freedom is almost a by-product. Your personal financial freedom is a by-product of the steps and actions you're taking for the bigger cause."

Links

Book: The Roadmap to Financial Freedom

https://www.amazon.com/Roadmap-Financial-Freedom-Millionaires-Automated/dp/1394217242

Skool: Millionaire Club

https://www.skool.com/millionaire-club-8278/about

Everybody wants financial freedom but not a lot of people know what it really takes to get there, especially with everything we're seeing on social media today. There is plenty of work that goes into every step of the process, from getting started to keeping your momentum, and that's what we're talking about today.

Listen now to learn what it really is like before and after financial freedom, what it takes to get through the challenges you will face, and how you can move forward today and get closer to financial freedom!

Key Talking Points of the Episode

00:00 Introduction

01:55 What is it really like before you achieve financial freedom?

04:04 How does your resilience affect your ability to achieve success?

06:01 What makes starting the journey to financial freedom the hardest part?

08:39 How can you turn your negative emotions into fuel to achieve your goals?

09:55 What do you need to understand about what happens before achieving financial freedom?

13:52 What is it like after you've achieved financial freedom?

16:51 What does life look like when you have financial freedom?

18:14 How has financial freedom given me a new purpose in life?

20:18 What do our goals look like now that we have financial freedom?

22:46 What do people make financial freedom out to be?

25:54 What is the true purpose of achieving financial freedom?

Quotables

"The biggest thing behind this entire process is understanding that you have to be resilient."

"If you don't set yourself up, you're never gonna achieve financial freedom. You're always gonna be sitting in the before stage and you're never gonna get past this – I don't want you guys to do that."

"The more and more you believe in yourself, the more and more that you start to think this way, and you listen to this podcast and get around people who think this way, you start to believe that for yourself too."

Links

Website: Budgetdog

https://budgetdog.com/