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Earn Your Leisure

Dangers of The Middle Class Mindset

Earn Your Leisure

iHeartPodcasts

Education, Entrepreneurship, News, Business News, Investing, Careers, Business

4.87.8K Ratings

🗓️ 11 January 2025

⏱️ 21 minutes

🧾️ Download transcript

Summary

Welcome back! In this thought-provoking clip, hosts Ian Dunlap, Rashad Bilal, and Troy Millings discuss a crucial yet often overlooked topic—the dangers of the middle-class mindset. Having grown up in working-class environments, our hosts bring firsthand experiences to the table, shedding light on how the middle-class mindset can be a barrier to achieving your fullest potential.


**Key Takeaways:**


1. **The Middle-Class Mediocre Mindset:**

  Rashad delves into what he dubs the "middle-class mediocre mindset," explaining how it creates artificial ceilings that limit success. Using the analogy of flies trapped by an invisible lid, he illustrates how generational programming restricts one's aspirations and opportunities.


2. **Breaking Free From Limitations:**

  Rashad offers examples of how middle-class norms, such as waiting for the weekend to enjoy life, instill a limiting mindset. He stresses the importance of realizing these invisible barriers and the necessity of breaking free from such constraints to achieve true success.


3. **Comfort vs. Genuine Success:**

  The hosts discuss how comfort, often mistaken for the American Dream, can be a hidden trap. While not in poverty, middle-class individuals might fail to recognize the limiting factors that prevent them from reaching higher levels of success.


4. **Living Without Constraints:**

  Rashad shares his experiences of travel and entrepreneurship to highlight the importance of living without self-imposed rules. He emphasizes that at the highest levels of success, restrictions based on time or societal norms virtually disappear.


5. **Mindset Over Money:**

  Contrary to popular belief, the hosts reveal that the mindset, more than money, is critical for breaking out of middle-class limitations. Rashad narrates his journey of adopting an abundance mindset long before financial success followed.


6. **Practical Exercise and Community Interaction:**

  Ian invites viewers to participate in an exercise: Imagine needing to make $2 million in three months, and outline a plan with clear steps. This interactive task is designed to help viewers think beyond their current constraints.


7. **Dealing with Criticism and Fear:**

  Rashad closes the discussion with a powerful message on overcoming fear and criticism. He shares his personal journey of moving from 500 followers on a private Instagram page to becoming a renowned social media personality. He underscores the importance of embracing one's mortality to overcome fear and live fully.


**Join the Conversation:**

We invite you to reflect on your own mindset and consider whether it might be holding you back. Share your thoughts and experiences in the comments below. How are you planning to overcome invisible limitations and achieve your dreams?


**Follow EYL for More Inspirational Content:**

If you found value in this discussion, make sure to subscribe and hit the notification bell. Follow EYL on social media for more insights and updates...


Thank you to everyone tuning in! Your support and participation are what make EYL a thriving community. Stay ambitious, stay driven, and keep pushing those boundaries.


#EYL #MiddleClassMindset #BreakTheChains #SuccessMindset #Entrepreneurship #FinancialFreedom #NoLimits #Inspiration #Motivation #GenerationalWealth #OvercomingFear #LifeWithoutLimits


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By engaging in this critical discussion, we hope to inspire you to take actionable steps toward greater success and a fulfilling life. Thanks for watching, and we look forward to growing and learning together!


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Remember, you are the architect of your own destiny. Let's break those invisible barriers and reach for the stars!


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Tune in, share, and let's elevate our mindsets together!




Our Sponsors:
* Check out Acorns: https://acorns.com/EYL
* Check out Chime: https://chime.com/EARN
* Check out Rocket Money: https://rocketmoney.com/EYL


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Transcript

Click on a timestamp to play from that location

0:00.0

earners what's up look you know how every new year we set these big goals like saving more money

0:05.8

but somehow life just gets in the way i mean how many times have i told myself i'll stick to a budget

0:12.2

only to see random delivery fees and subscription services eating away on my wallet it's like the world

0:18.3

is designed to spend our money that's's why I love Acorns. It makes

0:22.7

saving and investing automatic so you can stick to your financial goals without even thinking

0:28.2

about it. This episode of Earn Your Leisure is sponsored by Acorns. You've probably heard me talk

0:34.1

about Acorns before and I'm excited to share more about how it can help

0:37.9

you too. Acorns makes it easy to start automatically saving and investing so your money

0:43.1

has a chance to grow for you, your kids, and your retirement. Here's the best part. You don't

0:49.2

need to be an expert. Acorns will recommend a diversified portfolio that fits you and your money goals.

0:55.9

You don't need to be rich.

0:57.8

Acorns lets you invest with the same spare money you've got right now.

1:02.3

You can start with $5 or even just your spare change.

1:06.6

You don't need a ton of time.

1:09.3

You can create your own Acorns account and start investing in just

1:12.9

five minutes. Basically, Acorns does the hard part so you can give your money a chance to grow.

1:20.3

For me, Acorns has been a game changer. I remember looking at my bank statements and realizing

1:25.4

I wasn't making any progress toward my long-term financial goals.

1:29.6

With Acorns, it was like flipping a switch.

1:32.6

Now, every little bit of spare change I spend is automatically invested.

1:37.3

Over time, those small steps have really added up.

1:40.1

And it feels good knowing I'm working toward a better future without stressing about it every day.

...

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