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How to Become the Next Millionaire Next Door
Manage episode 326810160 series 2812717
We dive into the six behavioral components that contribute to an individual’s propensity to build wealth: social indifference, frugality, an internal locus of control, confidence in financial literacy, conscientiousness, and planning and monitoring. We discuss how a few big decisions can have far reaching consequences on our ability to accumulate wealth, like choosing a neighborhood and choosing a spouse and creating a long-term financial plan. She gives us some smaller habits to help us develop our wealth building potential, like suggestions for apps that allow us to check in on our finances easily, reading blogs or books to allow us to realize how much control we do have, and we end with how she is passing that wealth building mindset on to her children.
336 tập
Manage episode 326810160 series 2812717
We dive into the six behavioral components that contribute to an individual’s propensity to build wealth: social indifference, frugality, an internal locus of control, confidence in financial literacy, conscientiousness, and planning and monitoring. We discuss how a few big decisions can have far reaching consequences on our ability to accumulate wealth, like choosing a neighborhood and choosing a spouse and creating a long-term financial plan. She gives us some smaller habits to help us develop our wealth building potential, like suggestions for apps that allow us to check in on our finances easily, reading blogs or books to allow us to realize how much control we do have, and we end with how she is passing that wealth building mindset on to her children.
336 tập
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