Key Takeaways:
- Evolving one's mindset is essential for financial growth and success.
Sacrificing one's current lifestyle is not always necessary to achieve financial goals.
- Past failures should not discourage future attempts; healing and finding new interests can lead to success.
- Trust in financial institutions and advisors can be built through personal faith and expectations.
- Being good with numbers is not a prerequisite for managing money and building wealth.
- Retirement can be redefined and personalized to fit individual desires and passions.
Chapters:
| **Timestamp** | **Summary** |
| ------------- | ----------- |
| 0:00:38 | Introduction to the podcast and its content |
| 0:01:13 | Discussion on the mindset of not wanting to sacrifice current lifestyle |
| 0:04:20 | Exploring the belief that trying again after failure is pointless |
| 0:07:00 | Addressing the lack of trust in financial institutions and advisors |
| 0:09:19 | Importance of having faith and belief in achieving financial goals |
| 0:13:24 | Challenging the belief that managing money is impossible for some |
| [0:14:24] | Belief in impossibility and not being good with numbers. |
| [0:15:32] | Success doesn't have to follow traditional ideas. |
| [0:17:12] | Reframing the belief of never being able to retire. |
| [0:18:44] | Finding something you love to do for the next 20 years. |
| [0:19:41] | Removing the mental barriers of lack consciousness. |
| [0:20:07] | Creating a retirement plan that aligns with your desires. |
| [0:21:47] | Belief is key to achieving what you want in life. |
| [0:22:18] | Encouraging newsletter subscribers to reach out for personalized help. |
| [0:22:20] | Disclaimer: Consult with a qualified financial advisor before implementing strategies. |
Powered by Stone Hill Wealth Management
Social Media Handles
Follow Philip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
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 ”Airbnb” Ban in Dallas
The Story of Wealth
Lead Like a Magician: The Elements of Successful Leadership with Braden Daniels
Introduction to Wealth Building: Passive Income Streams
The Art of Investing: Merging Reason and Imagination
Business: The Tax Benefits of a Family Limited Partnership
Marriage and Money: Financial Roles and Responsibilities
Real Estate: ”Should my first home be an investment property or my primary residence?”
Introduction to Wealth Building: Investment Strategies for Beginners
Investment Principles: How to bet against government overspending
Estate Planning: The tax benefits around setting up a family foundation
Marriage and Money: Navigation financial conflicts
Real Estate: Housing Affordability Solutions in 2023
Introduction to Wealth Building: Developing a Wealth Mindset
Media: Investing in podcasts
Business: Tax effective ways to take money out of a business
Marriage and Money: Merging Finances
Real Estate: Five reasons your home isn’t selling
Introduction to Wealth Building: Setting Financial Goals
Wealth Mindset: Freedom from limiting beliefs around making money
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast