Real-Life Lessons in Wealth Building

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Navigating a lump sum of money after an unexpected event can be overwhelming. This episode discusses the psychological challenges, budgeting strategies, and essential mindset shifts required to manage newfound wealth effectively.

• Discusses the challenges of sudden wealth
• Highlights the significance of creating a budget
• Emphasizes the need for an emergency fund
• Explains the concept of the 90-10 rule for saving
• Shares personal insights on managing finances post layoff
• Mentions the importance of taking measured steps before investing
• Explores the impact of mindset on financial decisions

To lean more, feel free to contact me
www.nwminc.ca
Jacqueline Correia