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Optimal Finance Daily - Financial Independence and Money Advice

2806: Financial Success Comes from Within by Harlan Landes with Get Rich Slowly on Personal Finance Habits

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 24 July 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2806: Harlan Landes explains that true financial success originates from within, emphasizing the importance of an internal locus of control. By adopting this mindset, individuals can better plan for long-term goals, accept responsibility for their actions, and achieve their financial aspirations. Read along with the original article(s) here: https://www.getrichslowly.org/financial-success-comes-from-within/ Quotes to ponder: "It took some time for me to understand that I had more control over my situations than I was allowing myself to believe." "Success, defined by a personal goal, financial or otherwise, can be easier achieved by shifting to an internal locus of control." "Rather than blaming your financial situation on bad luck, a broken system, or your parents’ negative influence, determine which choices you made or didn’t make brought you to where you are, and make some new ones." Episode references: Mindset: The New Psychology of Success: https://www.amazon.com/Mindset-Psychology-Carol-S-Dweck/dp/0345472322 The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello, Deadpool here. We're very excited to be joining you, but we should set the table correctly.

0:05.4

We're mostly going to make enemies with Disney and make a lot of jokes at Hughes' expense.

0:09.4

Come again.

0:10.4

So sit back, relax, while we travel to a place where grown men and women walk around in tights and act like it's not a giant cultural cry for help.

0:19.0

Because this is cinema. Shaggy! Oh my God! This is optimal finance daily.

0:22.8

Shut up.

0:23.8

Oh my God.

0:24.8

Marvel Studios Deadpool in Wolverine in

0:27.9

cinema's Thursday July 25th.

0:30.6

This is optimal finance daily. Financial success comes from within.

0:36.0

By Harlan Landis with Get Rich Slowly.org.

0:40.0

And I'm your host and personal finance enthusiasts, Diana Merriam.

0:44.0

Now let's get right to it and continue optimizing your life.

0:48.0

Financial success comes from within, by Harlan Landis with Get Rich Slowly.org.

0:59.7

Success, financial or otherwise, comes from within.

1:04.0

According to studies by psychologists and researchers,

1:07.5

people with an internal locus of control

1:10.0

are more apt to plan for long-term goals, delay gratification,

1:14.6

and accept more risk for the promise of more reward.

1:18.6

These qualities should sound familiar to readers of this site because they're precisely the characteristics

1:25.2

needed to get rich slowly.

1:28.0

The locus of control is a way of looking at your circumstances and assigning cause. The difference between external and

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