Why You Not Getting Rich Ep 6

https://is1-ssl.mzstatic.com/image/thumb/Podcasts125/v4/14/d6/16/14d6163e-0a16-0fc2-3650-8eb7954d6d1a/mza_7334712297752950321.jpg/600x600bb.jpg

TheMoney.Finance

Grey Jabesi & Dj Sbu

13 episodes

1 week ago

It’s the dawn of the Fourth Industrial Revolution, and this time, Africa will not be left behind. TheMoney.Finance Podcast brings you everything you need to know about money and investments – from starting a small business to investing in stocks, bonds, and digital currency. In each episode our hosts unpack game changing opportunities and unlock their concepts to make them more accessible to people from all walks of life. Topics covered range from innovative side-hustles, abundance mindsets, and creating generational wealth.

Business

RSS

All content for TheMoney.Finance is the property of Grey Jabesi & Dj Sbu and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Business

https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_nologo400/16819515/16819515-1628377875941-4657d6b39869d.jpg

Why You Not Getting Rich Ep 6

TheMoney.Finance

16 minutes 8 seconds

4 years ago

Why You Not Getting Rich Ep 6

Why you are not getting rich

In this episode, our hosts discuss the limiting mindsets that kept them from becoming wealthy. Having a healthy money mindset is crucial to your journey of becoming a millionaire.

Did you know that Jeff Bezos, Elon Musk, and Warren Buffet do not have billions chilling in their bank accounts? Yes, they are billionaires, but their net worth is the value amount of their assets, minus their liabilities or debt. In other words, because Bezos owns a lot of shares (assets) in Amazon, which is a trillion-dollar company, he is one of the wealthiest people in the world today.

If you buy expensive shoes and drive big fancy cars to show off to your friends - you are missing the point. You are hustling backward because you are increasing debt and not assets - which negatively affects your net worth.

It is time to spring clean your spending habits. The average millionaire invests 20% of their household income. Instead of spending your paycheck on shiny new sneakers, which increases liabilities. How about investing the money towards starting an online business or buying shares in a profitable company? Which increases your assets. Your older and wealthier self will thank you.

#TheMoneyFinancePodcast #GreyJabesi #DjSbu

Social Media

https://themoney.finance/

https://www.facebook.com/themoneydotf...

https://twitter.com/themoneyfinance

https://www.instagram.com/themoney.fi...

https://www.instagram.com/djsbulive

https://www.instagram.com/greybtc

DISCLAIMER – NOT FINANCIAL ADVICE

The website cannot and does not contain financial, tax, investment, or legal advice. The financial, tax, investment, or legal information is provided for general informational and educational purposes only and is not a substitute for professional advice. Accordingly, before taking any actions based upon such information, we encourage you to consult with the appropriate professionals. We do not provide any kind of financial, tax, investment, or legal advice. The use or reliance of any information or products contained on this website is solely at your own risk