The Most Common Misconception About Money
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 15 August 2018
⏱️ 15 minutes
🧾️ Download transcript
Summary
Learn why saving less than you spend is not the magic bullet and what is.
There is a misconception that all you have to do is save and not spend money and you will magically end up wealthy.
It's simply not true. You'd have to earn millions, pay for living expenses and save millions in order for that to be true.
Wealth is a result of making the right choices and decisions.
In this podcast I share the story of 2 people earning $40,000 each, but one ends up a millionaire and the other ends up in poverty in 30 years.
It's based on concepts from my new book "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!"
I show you exactly how to make wealth building as simple as possible so you can achieve financial freedom.
Get the Wealth Heiress book here: http://amzn.to/2Hy9qk4
Sign up for daily wealth inspiration on Instagram here: http://instagram.com/lindapjones
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 447. |
| 0:02.8 | I'm gonna live no rich life. |
| 0:05.8 | Rich life. |
| 0:07.8 | Pull the best life. |
| 0:09.8 | If y'all know what I mean, put your hands up and declare with me |
| 0:13.6 | Yeah, I'm full of faith |
| 0:16.0 | echay time 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 bey and Smart. |
| 0:34.0 | And now here's your host, Linda P. Jones. |
| 0:37.0 | Welcome to Be Wealthy and Smart. |
| 0:39.0 | 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 the most common misconception people have around |
| 0:50.5 | money. |
| 0:51.7 | And this is something I love to talk about because I think that there's great advice out there and there's some advice that maybe isn't so great. |
| 1:00.0 | But in my experience, there's definitely things that work and things that don't work. |
| 1:05.0 | And so I only want to share with you the things that work. |
| 1:08.0 | And since you're here and I'm your wealth mentor, |
| 1:12.0 | I want to share with you today a really appropriate example of the difference making the right decisions can make because I really do believe that your financial |
| 1:24.8 | future and the way your life turns out financially is a series of decisions that you |
| 1:30.0 | make and making the right decisions rather than some decisions which will not |
... |
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