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The Dr. Josh Axe Show

Secrets of the Self-Made: How Ordinary People Built Extraordinary Wealth

The Dr. Josh Axe Show

Dr. Josh Axe

Religion & Spirituality, Health & Fitness, Christianity

4.91.4K Ratings

🗓️ 2 January 2024

⏱️ 74 minutes

🧾️ Download transcript

Summary

50% of Americans have reported that finances have had a negative impact on their mental health. Dr. Josh Axe is back to share the principles of success and wisdom when it comes to your finances. He presents personal insights and empowering advice from Elon Musk, Warren Buffett, Tony Robbins, Mark Cuban, Dave Ramsey, and more! Learn how to change your mindset and transform your money habits. Dr. Josh Axe dives into: Why it’s important to recognize the “why behind your wealth” Biblical principles surrounding money How to shift from a scarcity to abundance mindset Steps to break generational debt  Success principles and tips from some of the most successful people Tune in to transform your relationship with money! This episode will leave you energized and equipped to make positive changes. Dr. Josh dives deep into core principles that can help you achieve financial freedom, no matter where you're starting from. Want more of The Growth Lab with Dr. Josh Axe? Subscribe to the YouTube channel. Follow Dr. Josh Axe Instagram Twitter Facebook Tik-Tok Follow Leaders Instagram Twitter Facebook Email Newsletter ------  Links:  https://www.everydayhealth.com/wellness/united-states-of-stress/?_ga=2.85307482.2114169003.1701979659-1435983923.1701979659 https://www.cnbc.com/2023/08/13/mark-cuban-success-isnt-necessarily-how-much-money-you-have.html https://www.lendingtree.com/credit-cards/credit-card-debt-statistics/ https://www.nerdwallet.com/calculator/compound-interest-calculator https://www.fool.com/investing/how-to-invest/stocks/average-stock-market-return/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey everyone, welcome the show. I am Dr. Josh Axe. Did you know that one out of every three

0:06.1

Americans has zero dollars in their savings. And nearly 50% of Americans say that their finances

0:14.1

have impacted their mental health. On today's episode, I'm going to be talking about the

0:18.7

principles of success and how to build

0:21.0

generational wealth. I'll share with you how I've done it. I'll share with you how many billionaires,

0:26.6

everyone from Mark Cuban to Warren Buffett to Ray Dalio, how they've done it. And I'll be going over

0:32.2

how everyday people have done it, including some of my family members, some friends. And it's pretty amazing that

0:39.2

there are so many people today. And you're one of those people that could be included in this

0:43.9

that could be able to retire likely in their 40s or 50s or 60s and be set for life. However,

0:51.0

again, most people aren't in that situation. The number of people that get to 60s and have

0:56.5

very little money in their savings is mind-blowing. So I'm going to go through the principles of how

1:02.8

to do that today. Now, it really all starts with your mindset about money. You know, this is, this is

1:10.5

something not a lot of people talk about. But when I see

1:14.2

people that have built a lot of wealth versus a lot of people who are struggling financially on a

1:19.3

regular basis, it has to do with limiting beliefs around money. And I want to give any example of

1:24.1

this. I have a close friend of mine, and he really struggled because his

1:27.7

dad would always tell him money doesn't grow on trees, things like that, right? So throughout his life,

1:32.6

he's always trying to just hoard every last thing to himself. And so he has saved some money,

1:37.6

but he's never been able to multiply his money because he believes that there's one pie for the entire

1:43.2

world, and he's got to get his entire world and he's got to get his

1:44.8

peace and he's got to fight and scratch and claw to keep that piece versus other people might

1:51.0

believe well no there's abundance of wealth out there and there's plenty for everybody to go around

...

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