In today’s episode, I wanted to continue with part two of this podcast — the beginning of your journey to financial freedom.
In the last episode, I essentially covered the importance of just one having a longer time horizon and thinking into five to 10 year time blocks when it comes to your financial goals where you want to be in wealth building.
We also discussed the importance of cleaning up your credit, having a good credit score, and fixing and increasing your income but decreasing your expenses.
However, do you know that one of the most important things that you can do for yourself when beginning your journey to financial freedom is surrounding yourself with people who have the same mindset, who are levels and years ahead of you that want to accomplish the same things.
I wasn't fortunate enough to grow up around people who had the mindset who knew how to use money, who understood money, the flows of money, who understood the importance of debt.
And that's one of the reasons why I want to make sure that I'm putting out episodes like this when we talk about those things where you unpack essential lessons that you can understand in achieving financial success.
Learn more about this topic by watching and listening to this episode!
See you on the inside!
Episode highlights:
00:00 Welcome to The Boring Money Show
1:28 Surround yourself with like-minded individuals who share your vision and drive
3:05 Mr. Boring Money’s reading list to achieve financial milestone
4:38 The right information will allow you to make progress faster than anything else.
6:22 Understanding the success principles
7:59 “Never sacrifice long-term satisfaction for short-term pleasure.” -Mr. Boring Money
9:44 What are the short-term sacrifices you need to make to achieve long-term satisfaction?
Resources:
○ The Boring Money ROI Cash Flow Calculator: https://www.mrboringmoney.com/cashflowcalculator
○ Visit The Boring Money Show website:
https://www.mrboringmoney.com
○ Think and Grow Rich
https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331
○ Rich Dad, Poor Dad
https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194
○ The Bankers Code
https://www.amazon.com/Bankers-Code-Powerful-Wealth-Building-Strategies-ebook/dp/B008IGL96M
○ The Wealthy Code
https://www.amazon.com/Wealthy-About-Money-People-Never/dp/098270450X
○ Money Mindset Secrets
https://www.amazon.com/Money-Mindset-Secrets-Financial-Freedom/dp/1986801659
○ The Psychology of Money
https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681
Subscribe:
○ Subscribe on YouTube: https://www.youtube.com/channel/UCFLP5xWwzkX11g7xFDpUFLg
Connect with Mr. Boring Money:
○ Follow us on Facebook: https://www.facebook.com/mrboringmoney
○ Follow us on Instagram: https://www.instagram.com/mrboringmoney/
○ Follow us on TikTok: https://www.tiktok.com/@mr_boring_money
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