We all spend money on many things, but are these an investment or expense? Challenge how you think about both, and you may invest more.
We are obsessed with debating financial tactics, which are often outside our control. Stop it! 🛑 Focus instead on what you can control.
Insurance companies love to use the C-Word. They sell certainty. But while it can be sold, it cannot be delivered. Stop it! 🛑
How do we break bad financial habits? 🤷♂️ Do one or more of the following: Make it Invisible, Unattractive, Difficult, or Unsatisfying.
How do we build good financial habits? 🤷♂️ Follow the four laws of behavior change: Make it Obvious, Attractive, Easy, and Satisfying.
Financial habits rule our financial results. 💵 Financial excellence is not an act, but a habit. How are they made?
🎯 Goals are outcomes. 🏃Actions are inputs. But the core is your identity. 👤 Want to change your finances or life? Change your identity.
Your mortal enemy is not a temporary drop in the stock market over the next few years. Your mortal enemy is the permanently rising cost of everything you need and want to buy over your lifetime. Inflation must be killed. Whatever it takes.
When you stare into the eyes of the beast threatening everything you’ve worked for, what do you do? How do you face the bear?
The media is howling that the current financial bear market is a crisis. 📉 Is it? Or is it an opportunity of a lifetime?