085: This Easy Challenge Will Make You Wealthier, Faster |WTW

Millionaire Mindcast

Matt Aitchison

Productivity, Stocks, Realestate, Lifestyle, Finance, Commercialrealestateinvesting, Personalgrowth, Entrepreneur, Business, Entrepreneurship, Rich, Mastermind, Money, Personalfinance, Millionaire, Mentorship, Realestateinvesting, Success, Mentor, Wealth, Investing, Millennials

4.4 • 716 Ratings

🗓️ 23 November 2016

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Have you ever asked yourself why you want to be a millionaire? Is it money that you desire, or is it what you believe money will provide you? Before you start chasing wealth and wanting to be a millionaire, first I challenge you to define what being wealthy actually means to you and why its so important. In today's episode, I challenge you to examine your own definition of wealth, and by doing so, we discuss how that will serve you in moving faster and further in your wealth journey.

Transcript

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0:00.0	Episode 85 of the Millionaire Mindcast.
0:05.2	What up, what up, what up?
0:06.7	Welcome into another episode of Millionaire Mindcast.
0:10.9	Let's go ahead and dive into today's Wealth Tip Wednesday.
0:18.7	According to the dictionary, wealth is defined as the state of being rich.
0:24.1	It's defined as having plentiful supplies of a particular resource,
0:28.4	or it's defined as having an abundance of valuable possessions or money.
0:34.6	After reading these, it seems to me that the dictionary only equates wealth to
0:40.5	tangible possessions, but, you know, the more I thought about it, I realized that my own personal
0:47.4	definition of wealth differed from that of the dictionary, and because mine was quite different,
0:53.3	I decided to ask a few of my friends what you know
0:56.3	their definition was what wealth meant to them and their answers were actually quite different
1:03.1	from the definition in the dictionary as well some answered with well you know wealth to me is
1:08.9	being able to do what i enjoy for a living without having to worry
1:13.0	about money. Another friend responded by saying that, you know, wealth to her meant owning a bunch
1:20.7	of real estate property and having a multi-million dollar net worth and organization. To others,
1:26.1	it meant not having to work at all and just
1:29.4	having freedom to travel and spend quality time with loved ones and spend quality time doing
1:36.0	the things that they loved and were passionate about doing. And when I thought about all their
1:41.9	answers, it made me realize that depending on one's
1:46.5	personal definition of wealth, which all those were very different, their goals and their
1:53.5	actions and their decisions around money and how they pursue getting it were going to be
	...

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