Overcoming the Fear of Job Loss or Financial Ruin
Be Wealthy & Smart
Linda P. Jones
4.8 ā¢ 883 Ratings
šļø 30 March 2020
ā±ļø 11 minutes
šļø Recording | iTunes | RSS
š§¾ļø Download transcript
Summary
Learn why now is the time to create positive thoughts about the future.
Fear causes you to go to the worst case scenario.
Yet most fears never come true. Learn the power your thoughts have to create reality.
Are you investing well for financial freedom...or not?
If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908.
However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years and $1,983,928 after 30 years! A huge difference. Your compounding rate, and how well you invest, matters!Ā
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Be Wealthy & Smart,ā¢ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.ā¢ Learn simple steps that make a big difference to your financial freedom.Ā
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 702. |
| 0:02.6 | I'm gonna live no rich life. |
| 0:06.6 | Rich life. |
| 0:07.6 | All the best life. |
| 0:09.6 | If y'all know what I mean. |
| 0:12.0 | Put your hands up and declare with me |
| 0:13.4 | Yeah, I'm full of faith |
| 0:16.0 | e-e-e-e-e-e-e-e I'm gonna live the good life |
| 0:21.0 | a beautiful and glorious life Good Life. |
| 0:25.0 | Step into a world of wealth and financial freedom without budgets, boredom or bosses, on be wealthy and smart. And now here's your host, Linda P. Jones. |
| 0:37.0 | Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor. |
| 0:41.0 | Empowering women and men worldwide to financial freedom. |
| 0:44.8 | On today's show, we're going to talk about overcoming the fear of job loss or financial ruin, |
| 0:50.9 | because I know people are really scared right now. |
| 0:54.0 | There's a lot of people that are really worried about what's going to happen. |
| 0:58.0 | And fear causes you to go to that worst case scenario. |
| 1:02.0 | You might start thinking all the worst things that could happen. |
| 1:06.0 | They may not even be realistic, but you consider it in your mind and suddenly you're |
| 1:10.9 | going down this worst-case scenario path about what if your debt becomes |
| 1:16.8 | overwhelming or what if you can't pay your mortgage and you lose your home or any number of |
| 1:21.9 | terrible things that you might actually consider, even though they're really not realistic. |
| 1:28.8 | Our thoughts go through our mind like that and sometimes we can't control it and the more we try and stop it |
... |
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