The 3 Wealth-Building Secrets for a Recession-Proof Future! (Don't Miss This Opportunity) | Ramit Sethi, Russell Brunson, Wallstreet Trapper (Replay)

Tom Bilyeu's Impact Theory

Impact Theory

News Commentary, News, Business

4.7 • 5.2K Ratings

🗓️ 15 June 2024

⏱️ 120 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

With U.S. inflation rates being reported over 9%, having the knowledge and strategy to be prepared and survive the next recession is a must! There are elements that make the times we are living through feel unique, but cycles repeat whether they are economic or dysfunctional family cycles.

If you’re struggling financially to keep up with inflation, just lost your job, or you’re trying to figure how to do more than survive these uncertain times, this video is for you.

In this episode, Ramit Sethi, the Wallstreet Trapper, and Russell Brunson layout 3 ways you can prepare for the upcoming recession. Get tips for how to manage and automate your finances, and several other bonus gems that hold the potential to change your life forever, if you’re ready to get to work.

“Victory however long and hard the road may be…” -Winston Churchill

Ramit Sethi is an entrepreneur, personal finance advisor, and NY Times bestselling author. Check out the full episode with Ramit Sethi, Everything You’ve Been Told About Money is Wrong: https://youtu.be/uSgY_PxL_Zo

Wallstreet Trapper is an entrepreneur known for educating people how to build wealth, buy equity and invest in stocks. Catch the Wallstreet Trapper’s full episode, The 1% Do This to Get Rich: https://youtu.be/TXNFLgl3Y1c

Russell Brunson is a serial entrepreneur, NY Times bestselling author, and the man behind the infamous ClickFunnels. Watch Russell’s full episode, How to Survive a Severe Economic Downturn: https://youtu.be/DBQQFrUx7wc

[Original air date: 7-28-22].

SHOW NOTES:

0:00 | Introduction Protect & Compound Wealth

26:05 | Learn & Get Ready to Buy Equity

45:33 | Survive Any Downturn

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What's up, everybody? It's Tom Bilyeu here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you.

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Transcript

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0:00.0	What's up guys? I am bringing you a much-needed episode with the digitally fluent entrepreneur Robert Breedlove.
0:05.9	He's a Bitcoin philosopher and freedom maximalist with one mission to answer the question,
0:11.6	what is money? Today, Robert shares what a solid money strategy looks like to survive this financial crisis.
0:18.0	He tells us how to protect your money from legal counterfeiting, why Bitcoin is
0:22.2	incorruptible and a better option for long-term savings. I hope you guys love listening to this
0:27.3	episode as much as I enjoyed recording it. And if you do, please leave a review on our podcast.
0:32.7	It's the best way to support us so that we can get the show out to more people just like you
0:36.5	that want to reach their true human potential. I'm Tom Bill you and welcome to Impact Theory. The argument has
0:45.2	been that a little bit of inflation is necessary to stoke an economy otherwise people will
0:52.2	not consume and there will be no economy. Robert Breedlove,
0:58.6	welcome back to the show. Thanks for having me, Tom. Glad to be back. I'm very excited to have you.
1:03.4	In any financial crisis, what can somebody do with their money strategy to come out the other
1:08.8	side better than they went in? Yeah, this is kind of a complicated question because one of the things that money is,
1:15.8	I talk about this a lot on the show, is an insurance policy on uncertainty.
1:20.0	So by definition, a financial crisis is a time of great uncertainty.
1:25.0	So the standard strategy, you know, your grandmother's wisdom would be to save your
1:29.3	dollars, save your hard-earned cash. But that gets a little bit more complicated in a very
1:35.1	inflationary environment where we are inflating currency very rapidly or counterfeiting currency.
1:41.8	You throw that out. It's the same thing. Yeah.
1:45.0	So we covered that last time, but it's worth for people that are just encountering you
1:49.0	for the first time, why do you say that what is inflation and why do you call it counterfeiting?
1:54.0	Yeah, so inflation quite simply is legal counterfeiting and counterfeiting is criminal inflation.
	...

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