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The ONE Thing

309. Are Your Relationships Undermining or Building Your Wealth?

The ONE Thing

NOVA Media

Business, Careers, Entrepreneurship

4.81.1K Ratings

🗓️ 26 July 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

You are the average of the five people you spend the most time with. This is true of every area of your life – especially your finances. You may think of your financial wellbeing as something you do alone or with your significant other. You may think it comes down to your level of discipline or ambition. But there’s one overlooked thing that also determines how much money you make, save, or invest: the people you surround yourself with. If you’re purposeful, you won’t just have relationships, you’ll have wealth determiners: people that have a positive influence on your life and your finances. Who do you surround yourself with? Are they helping you or hindering you from building your wealth? Jay and Wendy Papasan are going to show you how to identify the difference. Every year, we hold a Goal Setting Retreat for couples and teach this concept (along with an exercise to determine if you are missing wealth determiners and how to find them, or if any of your current relationships are undermining your wealth building). If you want to have this process facilitated for you visit the1thing.com/setmygoals. To learn more, and for the complete show notes, visit: the1thing.com/podcast. In this episode, you will learn... [02:25] Understanding how your relationships impact your wealth [05:40] Identifying your wealth determiners [09:36] Creating reciprocal relationships [16:42] Viewing relationships as an investment Links & Tools From This Episode the1thing.com/setmygoals Mentioned in this episode: Factor 75 Head to FactorMeals.com/one50 and use code one50 to get 50% off. That’s code one50 at FactorMeals.com/one50 to get 50% off! Factor 75

Transcript

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0:00.0

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Even though the fall can feel jam packed, hello fresh makes whipping up a home-cooked dinner

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actually doable with quick and easy options, including their 15-minute meals.

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That's less time than it takes to get delivery.

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And with everything pre-portioned and delivered right to your door every week, it really

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is a no-brainer.

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Hello fresh does all the shopping and meal planning for you ingredients arrive at your doorstep

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pre-portioned and ready to cook, along with pictured step-by-step recipe cards.

0:44.3

How easy is that?

0:45.3

Go to HelloFresh.com slash 50-O-N-E and use code 50-O-N-E for 50% off plus free shipping.

0:52.6

This is the one thing podcasts where we teach you the surprisingly simple truth behind

1:09.8

extraordinary results.

1:11.8

I'm your host, Jeff Woods.

1:15.0

Jim Rohn says that you're the average of the five people you spend the most time with.

1:19.2

This concept applies to every area of your life, especially your finances.

1:23.5

Now, you may be used to thinking of your financial well-being as a solo enterprise or something

1:29.2

you do with your significant other.

1:31.7

You may also think that it comes down to your discipline or level of ambition that actually

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