1784: The Millionaire Mindset To Achieve Financial Independence by Brian Tracy on The Millionaire Next Door Principles

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 27 January 2022

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Brian Tracy discusses the millionaire mindset that can help you achieve financial independence Episode 1784: The Millionaire Mindset To Achieve Financial Independence by Brian Tracy on The Millionaire Next Door Principles Brian Tracy's goal is to help you achieve your personal and business goals faster and easier than you ever imagined. BrianTracy has consulted for more than 1,000 companies and addressed more than 5,000,000 people in 5,000 talks and seminars throughout the US, Canada and 70 other countries worldwide. As a Keynote speaker and seminar leader, he addresses more than 250,000 people each year. He has studied, researched, written and spoken for 30 years in the fields of economics, history, business, philosophy and psychology. He is the top selling author of over 70 books that have been translated into dozens of languages. The original post is located here: https://www.briantracy.com/blog/financial-success/look-rich-or-be-rich-develop-a-millionaire-mindset-to-achieve-financial-independence-wealthy-people/ Gusto is an easy, online payroll and benefits service built for modern small businesses — one place to pay and take care of your hardworking team. Get three months free when you run your first payroll by visiting Gusto.com/ofd 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

Click on a timestamp to play from that location

0:00.0	This is Optimal Finance Daily, episode 1784, the millionaire mindset to achieve financial independence.
0:08.5	By Brian Tracy of BrianTracy.com. And I'm your host and personal finance enthusiast, Diana Mariam.
0:16.4	This is the show where I read you from the best personal finance blogs on the web,
0:21.1	with the author's permission, of course. And with that, let's get right to today's post and
0:26.6	start optimizing your life.
0:30.8	The millionaire mindset to achieve financial independence.
0:36.8	By Brian Tracy of BrianTracy.com.
0:41.3	To obtain the type of financial independence you've been dreaming about all your life,
0:46.4	you must learn to develop a millionaire mindset. Thomas Stanley and William Danko in the
0:52.8	millionaire next door explained that most wealthy people and self-made millionaires
0:58.5	drive used cars, live in average neighborhoods where average price close and watches and are
1:04.8	very careful with their money. In addition, very few of them buy boats, recreational vehicles,
1:12.4	second homes, personal airplanes, or invest in expensive vacations. Stanley and Danko point out
1:20.2	that there are, quote, those who look rich and those who are rich, end quote. Your job is to be
1:27.8	one of those people who are genuinely rich, rather than those who spend a lot of money but who
1:33.6	have very little in the bank. Develop a millionaire mindset. Truly wealthy people develop the habit
1:41.7	of getting rich slow rather than getting rich quick. To assure this, they have two rules with regard
1:48.5	to money. Rule number one, don't lose money. Rule number two, if ever you feel tempted,
1:55.8	refer back to rule number one, don't lose money. Wealthy people spend much more time thinking
2:02.8	about their finances than people who remain poor. The average adult spends two to three hours each
2:09.0	month studying and thinking about their money, usually at bill paying time. The average self-made
2:15.4	millionaire by contrast spends 20 to 30 hours per month thinking, studying, and planning his finances.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.