Working Overtime The Podcast

Shift Your Money Mindset


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"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

 

LEAVE A REVIEW + Help people spread the message of motivation and chasing your dreams by sharing this episode or click here to listen to our previous episodes.

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

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Working Overtime The PodcastBy C. N. Sloan