Introduction to Wealth Building: Setting Financial Goals

**Key Takeaways:**

1. Start by imagining the feeling of what you want to achieve financially.
2. Prioritize the feeling over specific goals or details.
3. Be open to different paths and possibilities for reaching your financial goals.
4. Track your emotional progress and expand your capacity for wealth.

**Quotes:**

- "Start with the feeling of what you want. The possibilities of how to get there become endless."
- "Prioritize the feeling over everything so that you're open to different paths."
- "Track your emotional progress around money, not just numbers or metrics."
- "Expand your emotional capacity for wealth and track your progress in that area."

Chapters

 

| **Timestamp** | **Summary** |
| ------------- | ----------- |
| 0:00:01 | Introduction to the podcast and topic of setting financial goals |
| 0:01:27 | Importance of understanding the feeling of financial independence |
| 0:04:07 | Different ways to plan for financial independence |
| 0:06:11 | Prioritizing the feeling over specific goals |
| 0:10:29 | Tracking progress based on emotional capacity for wealth |
| 0:13:57 | Outro and contact information |

 

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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.