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It's a Good Life

Episode 013: Building a Financial Fortress

It's a Good Life

Brian Buffini

Business, Entrepreneurship, Life, Good, Entrepreneur, Coaching

4.42.4K Ratings

🗓️ 5 July 2016

⏱️ 45 minutes

🧾️ Download transcript

Summary

“I knew I didn’t have a lot of money, but I didn’t realize I needed to change how I viewed money.” — Brian Buffini

Brian Buffini came to America with $92 in his pocket and eventually paid off crippling medical debt to achieve wealth and success. In this episode, he examines the common attitudes that prevent people from achieving financial success and outlines five ways to cultivate a high-performance mindset about money. Whether you’re struggling to eliminate debt or you want to save more and hone better money habits, this episode is sure to motivate you to take control of your finances once and for all.

Inspirational quotes from today’s interview

“Broke was my state of account; poor was my state of mind.” — Brian Buffini

“If you want to be successful, you have to be countercultural—you can’t avoid it, you can’t worship it and you can’t believe it’ll do anything to change your status.” — Brian Buffini

“People say ‘ignorance is bliss.’ No, ignorance is bankruptcy.” — Brian Buffini

“Money frees you up from doing things you dislike. Since I dislike doing nearly everything, money is handy.” — Groucho Marx

“Money is like fire—it can heat your home and cook your food, but it can also burn down your house.” — Brian Buffini

“It’s good to have money and the things that money can buy but it’s good, too, to check up once in a while and make sure you haven’t lost the things that money can’t buy.” — George Latimer

“Money can buy you a bed, but it can’t buy you a good night’s sleep.” — Zig Ziglar

“Align your resources with your values.” — Brian Buffini

“If you think no one cares if you’re alive, try missing a couple car payments.” — Earl Wilson

“I try to buy stock in businesses that are so wonderful that an idiot can run them because sooner or later, one will” — Warren Buffett

“When someone loses it all, it’s because they’re out of sequence.” — Brian Buffini

“An investment paid in knowledge pays the greatest dividends.” — Ben Franklin

“Bring more value to your hours so you can be valued for your hours.” — Brian Buffini

“A bank can’t foreclose on a property it doesn’t have a mortgage on.” — Brian Buffini

Books mentioned in the episode:

The Richest Man in Babylon by George S. Clason The Total Money Make-Over by Dave Ramsey

Connect with Brian Buffini

http://www.brianbuffini.com

Facebook: https://www.facebook.com/brianbuffini

Twitter: https://twitter.com/brianbuffini

Buffini Show Insiders: http://www.thebrianbuffinishow.com/insiders

Love what you heard? Share it with your friends! http://bit.ly/BrianBuffiniShow

Click here to buy our Podcast theme music, “The Cliffs of Moher” by Brogue Wave.

http://www.broguewave.com

http://www.facebook.com/broguewave



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Transcript

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0:00.0

Music

0:14.0

Welcome to the Brian Bafini Show, where we explore the mindsets, motivation and methodologies of success.

0:20.0

Here's your host, Brian Bafini.

0:23.0

Music

0:31.0

Well, the top of the morning, TN. Welcome to the Brian Bafini Show. Thanks for joining today's podcast.

0:36.0

Today we're going to talk about how to build a financial fortress. You know, there's five key areas to life we always teach on in our company, Bafini Company, which is the spiritual aspect of your life,

0:47.0

the family and relationship, circle your life, the business or career circle your life, there's the financial piece and then there's the personal circle, which would be a physical and emotional well-being.

0:58.0

And of all the five areas that we encourage people to support them and help them, ultimately the financial one is the one that causes the most stress, the most difficulties, the most challenging relationships, but it's ultimately it's the content that's easiest to learn.

1:14.0

And I really believe this is really going to help you today.

1:17.0

And first of all, thank you. You know, in the first four weeks of this podcast being launched, we're having over 50,000 folks join in in over 60 countries.

1:26.0

And so it's just fantastic. Really appreciate you guys joining us and I really, really appreciate all your referrals.

1:32.0

Tell your friends to check out the Brian Bafini Show. Our mission is to positively influence as many people as we can in living a good life.

1:41.0

So thanks for joining us and we've had a lot of fun. Dave Lally, our producer and also the creator of our theme song. He's been doing a heck of a job. So Dave, great job to you in all the places that this show is going.

1:52.0

I appreciate that Brian. You know, as the producer, we're loving all the reviews that you guys are leaving on iTunes. Great to see them and keep them coming. It's super helpful to get the feedback. We want to know what you think. And who knows, we might even publish one of them one of these days.

2:07.0

Nice. Very good. Well, Mr. Lally will be joining me in a more proactive way and a lot of these shows to come. He has a great way of asking questions. He has this journalistic background that he studied and developed. And he's been a writer for me for many, many years.

2:22.0

And as you can tell from the Lilt, he's got a lovely, gallway accent and not a bad singer himself. So I think you'll enjoy hearing more and more from Mr. Lally and the questions that he asks and the nuggets that it'll bring out.

2:35.0

But today, I want to talk to you about building a financial fortress. You know, for me, I came to America with 92 books in my wallet and I've built a financial fortress. I've helped my company and a lot of folks weathered through recessions and upsides and downsides.

2:48.0

And we're doing all right. We're eating good as they say it back home. But that wasn't where I started. You know, I started in a very small, terrorist home on the south side of Dublin.

2:58.0

Five boys in a girl and our grandparents living with us on the weekends, you know, one bathroom. I always just say the upside was you never got a cold seat on the toilet, you know. No heat in the house, probably under 800 square foot to house.

3:10.0

It was very small home. And yet we'd have 10 people knocking around the place. A lot of love in our home, not a lot of resources. But when I came to America, what I realized was I wasn't just, you know, grew up economically.

3:23.0

The Americans would have considered poor, but I was also broke and broke. I discovered was my state of account, but poor was my state of mind.

3:33.0

And that's when bit by bit as I moved to the States, I had a chance to meet people who were successful in different areas, especially financially successful.

...

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