Key Takeaways:
Chapters:
Timestamp Summary
0:00:05 Introduction and disclaimer
0:00:38 Topic: Improving your relationship with money
0:01:14 The importance of becoming aware of your beliefs
0:02:34 Example of how beliefs can be formed
0:04:28 The impact of perception on beliefs
0:06:15 Improving your relationship with money through awareness
0:07:58 The three energy sources for building wealth
0:09:35 The importance of alignment between thoughts and actions
0:11:57 Practicing the way you want to feel about money
0:13:27 It takes time to develop a healthy relationship with money, just like getting fit. Start with 15 minutes a day.
0:14:26 Focus on feeling better every day, even if you can’t achieve the exact feeling you want.
0:15:36 Becoming aware of limiting beliefs can be uncomfortable, but it’s part of the process. Embrace imperfection and always strive to improve.
0:17:21 Optimism and confidence are key to attracting financial success. Rich people tend to be optimistic about money.
0:18:39 Confidence comes from understanding and flowing with your emotions, not from having money.
0:19:58 Confidence allows you to ignore thoughts that don’t feel good and focus on your own path of growth.
0:21:26 Appreciate others’ strengths without comparing yourself. Use moments of envy as indicators of your own limiting beliefs.
0:22:19 Emotional work is more important than technical finance details. Focus on improving your relationship with money.
Powered by Stone Hill Wealth Management
Social Media Handles
Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
The Importance of Building a Business Treasury for Long-Term Success
Understanding the Changing Landscape of Finance and Investing
Mitigating the Unintended Consequences of Business Failure: Divorce, Death, Disability
Understanding Currency Trading and Investing in the Future Economy
Embracing Emotions for Successful Wealth Building
WBMS Docuseries: Healthy Mind, Body, and Spirit (Episode 4)
Exploring Alternative Payment Options and Mitigating Fraud Risks
Understanding the Core Building Blocks of Finance
Buy, Borrow, Die: A Wealth Building Strategy for the Rich
Understanding the Evolution and Flow of Money in Wealth Building
Building Financial Confidence: Navigating Thoughts, Actions, and Feelings
The Risks and Rewards of Surge Pricing in the Fast Food Industry
Understanding the Fundamentals of Money Management
Overcoming Negative Emotions About Money
Maximizing Retirement Savings and Tax Benefits for Business Owners
Sound Money Management: Principles for Individuals and Society
Building a Strong Business Foundation: The Business Planning Pyramid
Bitcoin Mining: A Lucrative Opportunity for Investors in the Crypto Space
WBMS Docuseries: Healthy Mind, Body, and Spirit (Episode 3)
Private Equity Trends for 2024: How to Attract Investors for Your Business
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
The Commercial Edge: Unleash the Power of People
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast