I grew up very poor and that can instill a new this, you know, need to save money and you need to try to make as much as you can and take advantage of any opportunity you possibly can.

I really had to work through the mindset of developing an

abundance mindset. Like that was a big challenge for me. I had to go from a serious

scarcity mindset to trying to develop an abundance mindset.

Welcome millionaires and future millionaires.

You're listening to the Millionaires Unveale Podcast,

the show where you'll hear the stories and interviews

of everyday millionaires will unveil their decisions, their strategies, and their portfolio

allocation. Now to your host, Jayce Mattingen.

Welcome back to another episode of the Million Years

Inve podcast. This is episode 309.

Stace, how's it going? What's going on your world?

Doing great over here. How are you tonight doing pretty good so I've been thinking

actually been doing some research on Tard Scars comment from a few weeks ago I guess yeah I've been a couple of weeks

About getting more people on that are 50 plus and I came across this article

Super interesting the title of the article is the exact age when you make

your best financial decisions. There's a magical number, or a magic number for when your expertise and cognitive powers align that magical age on average around 53 and 54

It says at around that age people have a community knowledge and experience about money, spending, and saving, but haven't begun losing key analytical

analytic cognitive skills.

Goes on to talk about all sorts of different things.

One of the economists in this says, as we get older, we seem to rely more on past experience,

rules of thumb, and intuitive knowledge about which products or strategies are better.

...