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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: Cash Uncomplicated: Wealth Building Mindset w/ Aaron Nannini

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Investing, Education, Business

4.6592 Ratings

🗓️ 20 October 2023

⏱️ 52 minutes

🧾️ Download transcript

Summary

Robert Leonard chats with Aaron Nannini about ways to wisely manage your money and the importance of having a proper mindset for wealth-building. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 03:06 - Why behavior and mindset are so important when it comes to money. 04:42 - What value-based spending is and how it can help with balancing the YOLO and future-thinking mindsets.   06:07 - What “keeping up with the Joneses” means and why you shouldn’t do it. 10:57 - How to fight back against lifestyle creep. 12:53 - How to avoid or get out of the paycheck-to-paycheck cycle. 14:16 - What the difference is between bad debt and good debt. 19:04 - How to get out of bad debt and leverage good debt. 22:37 - If one should use or avoid credit cards and how to appropriately use them. 34:08 - What silent killers are in terms of money. 40:54 - What the shocking cost of cars is and the myths of car loans. 48:25 - How to successfully manage money with one’s partner and avoid divorce. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Aaron Nannini’s book Cash Uncomplicated. Thomas Stanley and William Danko’s book The Millionaire Next Door. Ramit Sethi’s book I Will Teach You To Be Rich. Erin Lowry’s book Broke Millennial. George Clason’s book The Richest Man in Babylon. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Aaron: Website | Facebook | LinkedIn | Instagram  Connect with Robert: Website | Instagram HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.5

On today's show, we're resharing some of the older episodes that are my favorites for a few reasons.

0:07.0

One, we get a bunch of new listeners each week, so new listeners may not have heard this episode before.

0:12.3

Two, even if you've been listening for a while, you may have missed this episode when it originally came out.

0:17.8

Or three, even if you've heard it before, it could be a great episode to learn from again. If you've already heard this episode or you're not interested in hearing it, feel free to just skip it. There's no harm in that. And you can pick up with our new episodes next week. That's all I had for you for this new intro. Everything going forward is going to be from the original episode. I hope you guys enjoy it. On today's show,

0:37.8

I chat with Aaron and Nini about ways to wisely manage your money and the importance of having

0:42.5

a proper mindset for wealth building. After struggling with money in his 20s and being sick

0:47.6

of living paycheck to paycheck, Aaron started educating himself on personal finance. Through years

0:53.4

of intense study and practice, he went

0:55.4

from barely getting by each month to complete financial clarity and harmony, all in less than five

1:01.4

years. He wants to pass that knowledge to everyone and believes that anyone can achieve financial

1:07.0

freedom without sacrificing their lifestyle or happiness. Aaron is now the founder of

1:12.4

Cash Uncomplicated, a personal finance website and book that teaches people how to achieve

1:18.0

financial success through implementing basic and uncomplicated principles such as life goals,

1:24.0

daily habits, intentional money decisions, and a value-based spending mindset.

1:29.6

Now, without further delay, let's get right into this week's episode with Aaron Nannini.

1:34.7

You're listening to Millennial Investing by the Investors Podcast Network, where your host, Robert

1:40.4

Leonard, interview successful entrepreneurs, business, and investors to help educate and

1:45.9

inspire the millennial generation.

1:56.7

Hey everyone. Welcome back to the millennial investing podcast. As always, I'm your host, Robert

2:01.2

Leonard. And with me today, I welcome Aaron Nannini. Welcome to the show, Aaron.

2:05.7

Thanks, Robert. Thanks for having me. Tell us a bit about yourself and what got you to where you are

...

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