Wealthy Mindset Series #21
In a zero-sum game what one person gains equals what someone else loses, so the net change in wealth is zero. An example would be in playing poker: The winner has the money that the other players lost, and the total amount of money on the table did not change, only who gained or lost the money.
Continue readingWealthy Mindset Series #20
Many years ago I used to do business coaching for financial planning and accounting firms. Besides earning money from my coaching clients, I was able to support their philanthropic interests. The more money they made, the easier it became to give back to the community.
Continue readingWealthy Mindset Series #19
In the last article of the series we spoke about how Andrew Carnegie used his vast fortune to build libraries around the world. You can find out more by typing into Google, Carnegie Libraries. Well, that was 100 years ago. What does it look like today?
Continue readingWealthy Mindset Series #18
If you focus on what designer purse you want to have now while you are working an hourly job, you will be forever a slave to working for a living. As you are working, if all you can do is plan for what you will do on the weekend, you probably hate your job.
Continue readingWealthy Mindset Series #17
let’s say you only have one dollar and you want to buy either a candy bar for that dollar or a magazine for that dollar. Well, you can either buy the candy bar or the magazine, but with only one dollar you can’t buy both. That is the either/or thinking.
Continue readingWealthy Mindset Series #16
When my daughter was very young, like 9 or 10 years old, we were skiing at Mammoth Mountain in California. It was about a five hour drive from our home in Los Angeles. We approached one of the downhill runs that was for experienced skiers. My daughter said, “I can’t go down this.”
Continue readingWealthy Mindset Series #15
When your CPA or Financial Planner says your house is an asset, yes, that is where you list it on a Balance Sheet, but it is not an investable asset for your financial freedom. It is a personal use asset.
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Wealthy Mindset Series #14
..if you are a coach, author or speaker and you have a message to deliver it is difficult to be a shining light to others if you can’t pay your own light bill! I want you to be financially strong to continue to do the work you are here to do.
Continue readingWealthy Mindset Series #13
Learn how using good debt multiplies the wealth you can create.
Continue readingWealthy Mindset Series #12
As I previously mentioned, (Series #11) after two divorces and a failure in the art gallery business I was broke at age 50 and felt I only had 15 years to plan for retirement.
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