Monday Aug 19, 2024

PART 2: Figure Out Your Finances

Today we are covering part 2 of how to transform your financial reality. After addressing your Money Mindset we then can build a logistical plan for your finances. 

In this episode we cover A LOT but in a way that is digestible and (hopefully) not overwhelming:

  • What are we really talking about when we talk about wealth
  • Highlighting the differences between RICH and WEALTHY
  • Your financial independence number, what it is and how to calculate it 
  • Breaking down assets vs liabilities 
  • Diversifying your income and the 7 different types of income streams you can attain 
  • The 3 key wealth building vehicles (Stocks, Real Estate, Businesses) 
  • Pros and cons of each wealth building strategy, easiest point of entry to get started investing TODAY
  • Tips on building an aligned spending plan and how to change your perception of a budget

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