Brian Fouts is the CEO of Living Legacy Association, a company providing middle-class individuals with strategies to help grow their businesses and optimize their personal finances. Brian began his entrepreneurial journey after realizing the life he was pursuing didn’t fulfill a greater purpose — leading him to acquire The Elevation Group to educate people on investing their money wisely. Elevating his desire to help people take the next step in their financial journey, Brian launched the Living Legacy Association to empower people to attain financial freedom.
When you think of living a wealthy life, what do you envision? Typically, money is associated with wealth, but these terms aren’t as interchangeable as they seem. Having money doesn’t necessarily mean you’re wealthy — and vice versa. Whether it be monetary gain, valuable experiences, or precious time with your loved ones, your mindset determines your wealth.
Brian Fouts interprets mindset as mental programs stored in our subconscious controlling our views on various ideas. Comparably, our experience with money during adolescence affects how we perceive it today. While not all of us are wired to be unconsciously competent, it is possible to let go of our limiting beliefs and alter our perspective on finances.
On this episode of the Living Legacy Podcast, Chad Franzen of Rise25 interviews Brian Fouts, CEO of the Living Legacy Association, to discuss the money mindset and its implication on personal views of wealth. Brian also shares what it means to be unconsciously competent, how risk aversion influences your money mindset, and the three components of a wealthy lifestyle.
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