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Optimal Finance Daily - Financial Independence and Money Advice

1428: The Most Important Financial Habit AND Why Simple Financial Strategy Works by Derick Van Ness of BigLifeFinancial

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Education, Self-improvement, Investing, Business

4.41.3K Ratings

🗓️ 5 February 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

Derick Van Ness of Big Life Financial shares two short posts on the most important financial habit and why simple finance strategies work. Episode 1428: The Most Important Financial Habit AND Why Simple Financial Strategy Works by Derick Van Ness of BigLifeFinancial Derick Van Ness is a Wealth Strategist who is passionate about helping people reach their full potential. His company, Big Life Financial is focused on removing the mystery and misinformation surrounding money and financial strategy so people can live their BIGGEST LIFE! Derick’s company can help anyone but is specifically focused on small business owners, and has already helped 1000’s of them to create financial certainty and confidence. His mission is to eradicate that fear and fundamentally change the way that people think about and utilize money within the next generation. The original posts are located here: https://www.biglifefinancial.com/blog/2017/9/4/the-most-important-financial-habit & https://www.biglifefinancial.com/blog/2019/11/7/why-simple-financial-strategy-works Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Optimal Finance Daily episode 1428, the most important financial habit,

0:05.7

and why a simple financial strategy works, both by Derek Van Ness of BigLifeFinancial.com.

0:12.8

And I'm your host and personal finance enthusiast, Diana Mariam.

0:17.0

This is the show where I serenade you with the sweet sounds of personal finance knowledge

0:21.6

from some of the best blogs on the planet. But for now, let's get right to it as we optimize your life.

0:30.6

The most important financial habit by Derek Van Ness of BigLifeFinancial.com.

0:37.9

Imagine you just bought your dream car. How would it feel to sit behind the wheel with your

0:42.5

windows rolled down in the fresh wind blowing across your skin? The rumble of the engine tickling you

0:48.2

as your favorite song plays on the radio making you want to sing at the top of your lungs?

0:53.2

And you can't believe how great it feels to lean into the incredibly comfortable seat.

0:58.2

Everywhere you go, people see your car and gaze and admiration at how beautiful it is rolling

1:03.0

down the road. Then suddenly, the engine stops cold. Not even a gurgle as it freezes and leaves you

1:10.4

sitting in a lifeless, soundless, hunk of metal going nowhere. Just 30 seconds ago, you were

1:16.8

living the good life. But now you're wondering how you're going to get anywhere. What changed?

1:22.1

The engine stopped. That's what? In a car, your engine is everything. Without it, you can't move

1:29.2

anywhere. The windows don't work and even the radio stops. The engine is the entire foundation

1:34.6

of what makes a car go. Your financial life is the same thing. It has a lot of fluffy bells and

1:40.4

whistles that can be exciting. But without the engine, none of it works. So what's the financial

1:46.5

engine in your life? Learning to save. I know, I know, that's not very sexy, but it's incredibly

1:54.4

important. To think about it, if you never saved any money, how would you grow your business?

1:59.7

How would you invest? How would you ever go on vacation? Buy a house or do anything that

2:04.3

costs more than a single paycheck? Learning to systematically save is literally the difference

...

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