"Everyone starts somewhere, and anyone can create wealth with the beliefs and the proper systems in place."

In this episode, I wanted to talk about having a better money mindset and anything related to our mindset and finances. I am not an expert on this, but I will be sharing from my experience what I have learned and some hacks that you can implement in your life.

[00:01 - 04:05] Opening Segment

• I give a brief introduction to today's topic.
• I talk about my financial goals. 
• My word for the year is ABUNDANCE.
• • This year is the year of abundance in life and finances.
  • Paying off all of my debt and becoming debt-free.
  • I talk about certain income goals throughout the year.
• I talk about sharing my journey to be debt-free on my social media.
• • Follow the page CNSLoan on Instagram.

[04:06 - 16:49] Shift Your Money Mindset 

• The little things make a big difference in your life.
• • Shift the language that I use.
  • Shift the focus from what we don't have to what we have.
• A  little money hack; listen to abundance affirmations while you sleep.
• • Ingrains your goals into your subconsciousness. 
• Start to live and visualize what you want to create.
• • The immense focus on achieving the outcome will help you to reach your goal.
  • We have to recognize when the opportunity comes and take action on it.
• The money buckets 
• • Secrets of the millionaire mind book by T. Harv Eker
  • 1st bucket 50% for bills
  • 2nd bucket for financial freedom (investment) 10%
  • 3rd bucket for long term savings 10%
  • 4th bucket for your personal development 10%
  • 5th bucket is your play bucket 10%
  • 6th bucket is your contribution bucket 10%
• Be honest with yourself, look at your finances, and adjust the buckets to your needs.

[16:50 - 32:29] Minimalism Money Mindset

• I talk about the minimalist mindset with money.
• • The control of your spending habits.
  • I talk about the things that I do not buy often.
• When it comes to buying things, I usually sit on that decision.
• I talk about the marketing strategy that creates a sense of urgency when it is not.
• Find the decision-making rules that work for you.
• • For me, the three-week rule is what works.
• We have to take some time in taking opportunities too
• • Not rushing on things but really sitting on decisions.
• Surround yourself with the people playing at a higher level or who you want to be like, and modeling what they do.
• • It gives you the beliefs and examples to model.
• Everyone starts somewhere, and anyone can create wealth with the beliefs and the proper systems in place. 

[32:30 - 36:15] Q&A session

• Where did you start when you made the switch to minimalism?
• • I started with my closet because your closet is the easiest place to start.
  • Ask yourself some questions to decide whether you want to get rid of it or not. 

[36:16 - 37:42] Closing Segment

• Check out my Instagram to submit your questions. 
• Take one thing that you learned from this episode and implement it today to build your money mindset.
• Final words from me

Tweetable Quotes: 

"When we start with gratitude, it will create so much momentum in our lives, and it will make us so much happier." - C.N. Sloan

"Everyone starts somewhere, and anyone can create wealth with the beliefs and the proper systems in place." - C.N. Sloan

"Surround yourself with the people that are playing at a higher level or who you want to be like, and modeling what they do."- C.N. Sloan

 

Resources mentioned in the episode:

• Secrets of the Millionaire Mind Book by T. Harv Eker

 

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Keep Up with the Podcast on Instagram @workingotpodcast. Follow my personal page on Instagram @cnsloan_  

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