THE ABUNDANCE PSYCHE

Hey there, I am Sudeshna. I am an economist with over a decade's experience in the financial industry. Today, I am discussing some personal finance rules that I find overrated and some that I find underrated.

So, let's dive in.

00:00 Introduction to Overrated and Underrated Personal Finance Rules

00:34 Budgeting

01:16 Owning a House

01:39 Paying Off Your Mortgage Early

02:33 Financial Independence and Retiring Early (FIRE)

03:33 Rebalancing Your Portfolio

04:46 If It Sounds Too Good to Be True, It Probably Is

05:18 Studying Economic History

06:05 Understanding Economic Cycles

07:36 Starting Your Investment Journey Early

08:22 Diversification

12:01 Increasing Your Income

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Hello everyone! I'm your host Sudeshna. In today's episode, I'll discuss my detailed review, analysis, and personal view on Robert Kiyosaki's book 'Rich Dad, Poor Dad.'

00:19 Controversies Surrounding 'Rich Dad, Poor Dad'

00:42 Personal Journey with the Book

01:37 Understanding the Principles of 'Rich Dad, Poor Dad'

02:25 Critique of the Book's Views on Education

03:49 Discussion on Assets and Liabilities

05:02 Views on Taxes and Corporate Structures

10:31 Learning and Earning in a Job

13:01 Mindset and Habits for Wealth Creation

16:54 Getting Started on the Path to Wealth

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Do you know you can save $20,000 more annually without working additional hours or cutting back on spending. Today, I am going to talk just about that. So, let's get started...

00:00 Introduction: The Secret to Saving More

00:27 The Misconception About Saving Money

00:55 Increasing Your Income: The First Pillar

03:01 Exploring Side Hustles: The Second Pillar

03:39 The Difference Between Side Hustles and Businesses

04:40 Avoiding Lifestyle Inflation: The Third Pillar

05:03 Automating Your Savings: The Fourth Pillar

06:04 Conclusion: The Simplicity of Saving More

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In this episode, I would like to share with you my journey of evolving from a consumer of luxury goods to embracing simplicity and focusing on wealth generation.

00:00 Introduction: My Journey with Luxury Fashion

00:29 The Reality of Beauty Influencers and Their Routines

01:34 My Simple and Effective Skincare Routine

03:17 Understanding Veblen Goods and Their Impact

04:03 Choosing to Be Rich Over Looking Rich

05:28 Investing in Myself: Books, Courses, and More

07:42 The Results: Doubling My Salary and Becoming Rich

08:12 Conclusion: Choosing Wealth Over Appearance

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In this video, I debunk popular financial advice regularly given by 'finfluencers', such as saving 50% of your income, investing in a specific stock, or starting a business.

00:00 Introduction

00:22 Debunking Common Wealth Building Myths

00:38 The Reality of Saving 50% of Your Income

01:35 The Impact of Saving on the Economy

02:23 The Importance of Earning More Money

03:11 The Problem with Investing in Specific Stocks

05:23 The Truth about Monetizing Your Passion

06:47 The Reality of Starting a Business

09:32 My Personal Experience with Business and Corporate Career

10:33 Invitation to Join the Six Figure Club

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Welcome to The Abundance Psyche, I'm Sudeshna. In today's episode, we're delving into the intriguing world of YouTube trends — from looking expensive on a budget to marrying rich.

Join me in questioning societal pressures and exploring true wealth. How much of our desire to "look rich" is conscious consumption versus falling into a consumer mindset?

We'll discuss financial peer pressure, the anxiety it causes, and the environmental impact of fast fashion. Let's redefine luxury, focusing on what adds value to our lives. If you've encountered these trends or have thoughts to share, drop a comment below.

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Now, let's unravel the complexities of true wealth together.

Welcome to The Abundance Psyche, your go-to for financial wisdom and personal growth. I'm Sudeshna, your host on this journey from 2023 to the exciting prospects of 2024.

In the past year, I embraced "growth" and hit milestones like 650 subscribers on YouTube and over a thousand on my email list.

Today, we'll explore the lessons learned and unveil my focus for 2024. It's not just about investing; it's about the dynamic interplay of money, math, and mindset.

Join me as we challenge financial myths, discuss passion versus expertise, and prioritize intentional creative breaks. And in 2024, I'm doubling down on planning.

Don't miss our free planning workshop on January 7th; the link is below. https://subscribepage.io/planparty

If you're ready for a year of intentional growth, hit subscribe, drop a comment, and let's make 2024 our most prosperous year yet.

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See you in the planning workshop, and until then, stay inspired. Bye!

Welcome to The Abundance Psyche, the place where financial wisdom meets real-world strategies. I'm your host, Sudeshna, and today, we're diving into a topic that has transformed lives and bank accounts—how to fast-track your way to the first 100K.

This isn't just about savings; it's about unleashing the power of compounding, making your money work for you. Now, here's a little secret I learned from the legendary Mr. Charlie Munger: get to that 100K fast, and do whatever it takes.

In this episode, I'll share my journey, the lessons learned, and strategies employed to reach that financial milestone. Before we dive in, let's understand why the focus is on the 100K rather than the first 1000. The magic of compounding truly shines when you increase your capital, making every dollar work harder for you.

So grab your favorite beverage, sit back, and join me as I unfold the secrets to reaching that first 100K and securing your financial future.

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Welcome to The Abundance Psyche, where real stories unfold, careers are dissected, and decisions are laid bare. I'm Sudeshna, your host on this journey of professional revelations.

In today's episode, we delve into a pivotal moment in my career—a view from my office in 2018 that marked the beginning of a significant shift. Yes, I chose to walk away from a prestigious and lucrative consulting career, and today, I'm going to spill the tea on why.

So, if you're sipping on something refreshing, take a moment to relax as we explore the nuances of my decision to leave the consulting world. This episode is not just about farewells; it's about the lessons learned, the challenges faced, and the unexpected motivations that led to a departure.

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If you're contemplating your own career path, grab a drink, settle in, and let's dive into the candid conversation about why I left consulting.

Welcome to The Abundance Psyche, where we unwrap the art of thoughtful gifting and explore the essence of true connection. I'm your host Sudeshna, and today's episode takes us back to a time when a simple Secret Santa tradition at work turned into a profound lesson in the magic of gift-giving.

Join me as we delve into the seven principles that can turn any gift into a cherished experience for your loved ones. From dwelling on the unique connections you share to understanding the power of thoughtful simplicity, this episode is a guide to meaningful gift-giving that won't break the bank.

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So, if you're ready to transform your approach to presents, let's dive in.