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Optimal Finance Daily - Financial Independence and Money Advice

1081: 4 Valuable Tips for a Healthy Money Mindset by John Assaraf with Rule One Investing on Have A Growth Mindset

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 24 February 2020

⏱️ 10 minutes

🧾️ Download transcript

Summary

John Assaraf with Rule One Investing shares 4 valuable tips for a healthy money mindset. Episode 1081: 4 Valuable Tips for a Healthy Money Mindset by John Assaraf with Rule One Investing on Have A Growth Mindset Phil Town's portfolio has been ranked No. 1 by the American Association for Individual Investors when it produced a 50% rate of return. He has a passion for investing that is hard to beat and he wants to share it with you. Phil has written three New York Times #1 Best-Selling Investment Books, Rule #1, Payback Time, and Invested, and he's been invited to speak on TV shows on CNBC, FOX, and MSNBC. The original posts are located here: https://www.ruleoneinvesting.com/blog/personal-development/4-valuable-tips-for-a-healthy-money-mindset/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is where I read to you from some of the best personal finance blogs on the planet.

0:18.0

And have you heard our other podcast yet?

0:20.0

Optimal Living Daily covers minimalism, personal development, and productivity.

0:24.3

So if you like today's episode, here on Optimal Finance, you'll definitely like that show too.

0:29.3

Just search for Optimal Living Daily wherever you're hearing this show to find it along with our other shows.

0:35.0

But for now let's get right to Asoraf with Rule 1 Investing.com.

0:50.0

It's time to invest in yourself. If you believe in yourself, see yourself as a financially independent person and practice being whom you want to become, it will eventually happen.

1:01.0

Take a moment to visualize your future self. I call this exercise the

1:05.5

rocking chair technique. Close your eyes and project yourself forward in time to

1:10.4

when you're 80 years old. See yourself having a conversation with your older, wiser

1:14.9

self. Ask that future self to give you clear and precise answers to the following questions.

1:21.2

What should I stop doing? What should I start doing? Is there anything you

1:25.1

change about your life? Listen for the answers. Allow the knowledge to seep into

1:30.0

your psyche. When you're ready, open your eyes and write down what your future self said to you. to your

1:33.3

future self said to you.

1:35.3

You want to experience your ideal lifestyle, right?

1:38.5

So how will you heed the advice you received from your future self?

1:42.0

How will you make enough money so you can realize

1:44.6

your goals and dreams? And once you're financially independent, how will you get your mind primed

1:49.7

to manage your money? How will you invest your money wisely? These are all important

1:54.4

questions to ask. Follow the tips outlined to get you started on your wealth

1:58.7

paradigm shift, your path to financial well-being and overall success.

...

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