In this weeks’ episode of Retire in Texas, Darryl Lyons, CEO and co-founder of PAX Financial Group, breaks down the psychology of poverty and the mindset that perpetuates it. Reflecting on personal experiences and observations, Darryl explores the habits and beliefs that distinguish a poor mindset from a wealthy one, regardless of actual financial status.

Key highlights include:

*Darryl’s personal anecdotes on the mental fog of financial struggle and its impact on decision-making.

*A comprehensive list of 20 thoughts and behaviors that characterize a poor mindset.

*Insightful discussions on the victim mentality, distrust of professionals, and the reluctance to seek help.

*The significance of loving one's work, avoiding negative influences, and maintaining a positive reputation.

*Practical advice on shifting from a scarcity mentality to an abundance mindset, and the importance of investing and long-term thinking.

Darryl's candid insights aim to help listeners identify and change the poor mindset, fostering better financial habits and outcomes. Tune in to gain a deeper understanding of how your thoughts influence your financial health, and visit PAXFinancialGroup.com for more resources.

If you enjoyed today’s episode, make sure to leave a comment and share the show with a friend!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.