• Rewiring Your Brain for Financial Success

  • Mar 20 2024
  • Length: 13 mins
  • Podcast
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Rewiring Your Brain for Financial Success

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  • Summary

  • Everyone has a different behavior and habits surrounding their money and their greater financial planning. However, it's critically important to have a financial gauge that addresses your goals over time.

    On the latest episode of Financial Control for Life, Stephen and Michele explore the key drivers of financial success, all of which begin with rewiring your brain and understanding what it takes to generate wealth over time.

    Chapters:

    0:00 - Introduction and overview on the topic of the day

    1:05 - Three things you need to know about your behavior with money

    2:29 - What are your goals? How are you going to achieve them?

    3:43 - Assets vs. liquid cash flow

    5:04 - Addressing the scarcity and abundance mindsets

    7:20 - Understanding the importance of "delayed gratification"

    8:20 - The attributes of the "Perfect Asset"

    9:57 - How Stephen came across the concept of Whole Life Insurance and changed his life

    11:36 - The key takeaways from today's episode

    12:20 - Closing remarks

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