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Business
Education
Investing
Self-Improvement

The Financial Mentor Podcast

Updated 1 day ago

Business
Education
Investing
Self-Improvement
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Todd Tresidder from the FinancialMentor.com blog reveals unconventional wealth building advice and advanced investment strategy tips. Discover the next step in retirement planning and personal finance from a former professional hedge fund manager turned financial coach and author. If you are tired of the same old “buy, hold, and pray” and worn out frugality tips then this show is for you. Each episode teaches financial freedom for smart people by revealing what works, what doesn’t, and why. Todd has walked the path to wealth himself and coached hundreds of clients just like you to prove out every principle taught – no ivory tower theories or worn out platitudes. He’s organized the entire wealth building process into a cohesive, step-by-step system complete with specific action steps so you can produce measurable results. This isn’t just another “get-rich-quick” or “get out of debt” show. This is about carefully engineering your finances to take charge of your life so you can live the adventure you always imagined life could be.

Read more

Todd Tresidder from the FinancialMentor.com blog reveals unconventional wealth building advice and advanced investment strategy tips. Discover the next step in retirement planning and personal finance from a former professional hedge fund manager turned financial coach and author. If you are tired of the same old “buy, hold, and pray” and worn out frugality tips then this show is for you. Each episode teaches financial freedom for smart people by revealing what works, what doesn’t, and why. Todd has walked the path to wealth himself and coached hundreds of clients just like you to prove out every principle taught – no ivory tower theories or worn out platitudes. He’s organized the entire wealth building process into a cohesive, step-by-step system complete with specific action steps so you can produce measurable results. This isn’t just another “get-rich-quick” or “get out of debt” show. This is about carefully engineering your finances to take charge of your life so you can live the adventure you always imagined life could be.

iTunes Ratings

146 Ratings
Average Ratings
119
16
7
3
1

FM

By longcash - Apr 29 2019
Read more
Excellent information. Great books too.

Loved show 18

By lippjam - Dec 27 2017
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Todd- #18 was an amazing episode. Loved it. Keep up the good work!!

iTunes Ratings

146 Ratings
Average Ratings
119
16
7
3
1

FM

By longcash - Apr 29 2019
Read more
Excellent information. Great books too.

Loved show 18

By lippjam - Dec 27 2017
Read more
Todd- #18 was an amazing episode. Loved it. Keep up the good work!!
Cover image of The Financial Mentor Podcast

The Financial Mentor Podcast

Updated 1 day ago

Read more

Todd Tresidder from the FinancialMentor.com blog reveals unconventional wealth building advice and advanced investment strategy tips. Discover the next step in retirement planning and personal finance from a former professional hedge fund manager turned financial coach and author. If you are tired of the same old “buy, hold, and pray” and worn out frugality tips then this show is for you. Each episode teaches financial freedom for smart people by revealing what works, what doesn’t, and why. Todd has walked the path to wealth himself and coached hundreds of clients just like you to prove out every principle taught – no ivory tower theories or worn out platitudes. He’s organized the entire wealth building process into a cohesive, step-by-step system complete with specific action steps so you can produce measurable results. This isn’t just another “get-rich-quick” or “get out of debt” show. This is about carefully engineering your finances to take charge of your life so you can live the adventure you always imagined life could be.

Rank #1: FM 020: How to Get Rich Slowly with J.D. Roth

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Click here to download the transcript of J.D.'s best tips to get rich slowly!

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Everyone wants to know how to get rich, but few ever get there.

The answer is surprisingly simple, but most people seem to have a passion for making things needlessly complicated.

The first step to achieving financial success is you need a rock solid financial foundation. Otherwise, you could have all the money in the world, but no clue on how you should manage it.

A poor financial foundation will cause you to get lost in debt, going through the motions in life without a clear goal, or ignorant as to how you can effectively use every dollar passing through your hands as a tool to build wealth.

That's why I was excited to interview J.D. Roth, founder of Get Rich Slowly. In this podcast, he shares how bad financial habits and early mistakes put him in credit card debt at the beginning, and how good financial habits turned everything around so that he achieved financial independence at an early age.

You can do the same.

These lessons are simple and timeless, and are consistent with my teachings in both Step 1 and Step 2 of the 7 Steps to 7 Figures course I offer. They can work for you also.

Starting off on the right financial foot is crucial if you want to build wealth. You need to learn how to avoid consumer debt and manage your money like a business, because no one cares more about your money than you do.

Related: Why you need a wealth plan, not a financial plan.

In this episode you will discover:

  • The importance of mastering your emotions when it comes to finances.
  • How to manage your money as if it were a business.
  • How you can pay off your debt using the snowball method.
  • Why we need to define our own personal mission statement and goals.
  • The critical role that living consciously plays in achieving financial freedom.
  • How focusing on generating cash flow, and avoiding debt, will bring you financial success.
  • How boosting your savings rate can accelerate the time it takes to reach your objectives.
  • How you can retire quickly, even on a lower salary.
  • Why you should align your spending with your values.
  • Why tracking your numbers is essential to building wealth.
  • Why J.D. believes there's no one set path to paying off debt.
  • How goals can set context for your decisions and guide you toward financial success.
  • Why you should focus on being proactive with your finances, as opposed to reactive.
  • Why educating yourself is the best thing you can do to improve your financial situation.
  • How to take responsibility for your situation, even if factors are outside of your control.
  • The reason you shouldn't be aiming for wealth for the sake of having money.
  • How J.D. used several types of leverage to build Get Rich Slowly.
  • How J.D. came to the conclusion it was time to sell the blog and start enjoying life and the wealth he had accumulated.
  • J.D.'s definition of financial independence – is it different from yours?
  • How much money you need for financially independence.
  • How financial independence forces you to shed excuses and start living life on your own terms.
  • and much more….

Resources and Links Mentioned in this Session Include:

Help Out The Show:

Leaving a review and subscribing to the show on Itunes is the best support you can give.

I read every review, and your support helps the show rank so more people find us and benefit from the message.

If you could spare a minute to leave a review on iTunes it would mean a lot to me. Thank you so much!

Click here to subscribe to the show on iTunes and leave a review…

Alternatively, this link below will help you subscribe and leave a review on your device…

Click here to subscribe and leave a review from inside your iTunes account…

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Apr 23 2015

1hr 21mins

Play

Rank #2: FM 005: How To Budget Your Way To Wealth with Jesse Mecham

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Click here to download the transcript of Jesse's top budget tips!

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Your budget is the foundation of your wealth plan. In fact, it's so important it's the cornerstone.

But most people don't understand budgeting done right.

If you  think budgets are about sacrifice and doing without then listen carefully because nothing could be further from the truth.

In this 5th episode of the FinancialMentor podcast Jesse Mecham from “You Need A Budget” explains the key insights he has learned about how to make the budgeting process work for you.

This may sound like a boring subject to many, but it's not. It stands as the cornerstone of financial freedom and wealth building because of two simple yet essential equations:

  1. The first rule of wealth building is you must spend less than you earn and invest the difference wisely. Budgeting done right is how you make that happen without sacrifice or pain.
  2. Secondly, the amount of money you need to be financially independent is 25-33 times your annual spending budget. Again, the lynchpin is your budget.
  3. In other words, your budget determines your savings rate and the amount of assets you need to support your spending level. Obviously, it is a big enough deal to merit listening to the recording.

If you care about your financial security then you absolutely must master the budget concepts covered in this podcast.

Related: Why you need a wealth plan, not a financial plan.

In this episode you will discover:

  • Why budgeting has nothing to do with restriction and sacrifice.
  • An easy way for the 80% of the population that lives month-to-month to break the vicious cycle and reduce stress.
  • Why your true spending needs literally determine your wealth and the time it takes to become financially independent.
  • Why your money and your life are the same thing in more ways than you realize.
  • How “what you track is what you get” can lead you to greater wealth.
  • How a proactive approach to budgeting actually gives you more freedom and happiness for the same dollars.
  • The surprising thinking process that is the cancerous root behind all credit card debt.
  • What it means to give every dollar a job.
  • How a boring step in the budgeting process can make your inevitable financial setbacks less painful.
  • Why it is smart to NOT stick to your budget (the answer may surprise you!).
  • How to make an unwilling spouse fall in love with budgeting.
  • The unexpected role your budget will play in your goal to achieve financial freedom.
  • The fool-proof way to figure out how much you really need to spend to be happy.

Resources and Links Mentioned in this Session Include:

  • Jesse's site to learn more about his software and educational programs is http://YouNeedABudget.Com
  • The link above is an affiliate link and should be used if you just want to learn more; however, it will not give you the 30% discount Jesse offered in the podcast because that discount was for a limited time. However, I was able to negotiate a 10% discount and my offer for the free advanced training on budgeting is still valid. Just use this exclusive link to get your discount and advanced training.
  • After you buy the software using the link above send an email to budget@financialmentor.com with your 18 digit receipt number in the subject line. It will look like “YNAB-12digits-6digits”. I will immediately email you the bonus instruction I promised during the podcast explaining how to use budgeting to build wealth. It is all new instruction not covered in this podcast and well worth the listen (IMHO). It is my added gift to thank you for purchasing using the affiliate link.

Here's A Quick Look At the Software

Here's How To Claim Your Bonus Offer From The Show:

Even though this show was recorded back in early 2013, you can still get the bonus recording discussed and the discount offered. However, the 30% discount is no longer available but I have managed to retain a 10% discount still. To get your discount and bonus recording please follow these three simple steps:

  1. Buy the YouNeedABudget software at a 10% discount using this special link (yes, it is an affiliate link that will take you directly to an exclusive shopping cart page to get the discount. If you just want to learn more about the software use this link instead then use the above link when you are ready to buy to get the discount.)
  2. When you get the electronic receipt for your purchase it will have an 18 digit receipt code that looks like “YNAB-12 digits-6 digits”.
  3. Copy and paste that receipt code into the subject line of an email and send it to budget@financialmentor.com
  4. I will then mail you back your bonus recording explaining my favorite budget strategy that I use personally and have taught to my coaching clients for years. It is simple to understand and proven to accelerate your wealth building.
  5. That's it. Simple. The link again is ynab.me/wealth to buy the software at a 10% discount and get your bonus recording as well.

Help Out The Show:

Wow! This podcast went live on Itunes just one week ago and it has already climbed to “New & Noteworthy” status for both the “Investing” and competitive “Business” categories.

Awesome, and it is all because of your support.

I will be publishing one new, value-packed podcast episode per week for the next 7 weeks in an effort to help us rise to “New & Noteworthy” for the coveted “All” category in Itunes gaining great exposure and bringing new subscribers to our community. After that, we will return to our regular biweekly format.

The way you can contribute to making this show a hit is to head on over to Itunes now and leave an honest review (hopefully 5 stars) and make sure you are subscribed. It makes a huge difference.

Click here to subscribe to the show on Itunes and leave a review…

Alternatively, you can click on the link below and it should also launch Itunes on your computer…

Click here to subscribe and leave a review from inside your Itunes account…

Thanks for your support and I hope you enjoyed this episode. Please let me know what you think in the comments below…

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Oct 12 2013

1hr 21mins

Play

Rank #3: FM 013: Simple Financial Planning – The Only 6 Ideas You Need To Know With Philip Taylor

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Click here to download the transcript of Philip's top financial planning tips!

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As I sat with 3,000 fellow entrepreneurs waiting for the next speaker to enter the stage, the beauty of Portland's antique theater intrigued me. Wrought iron railings, ornate tapestries, brass fixtures, and gold inset wood designs set the mood for Tess Vigeland from NPR's “MarketPlace Money” (9 million weekly listeners) to take the stage. After thunderous applause, her bold statement stunned me…

Everything you need to know about financial planning is just 6 stories, and everything else written on the subject merely rehashes those core 6 stories over and over again to make them look different.

Could it be true? Was financial planning really that simple? Just 6 core ideas? I was intrigued.

Philip Taylor from PTMoney.Com was sitting in the audience with me and was equally taken by Tess's statement. After all, we are both authors of several hundred financial articles individually and more than a thousand articles combined. Was simple financial planning really possible?

As it turned out, yes, it was. In this 13th episode of the Financial Mentor Podcast, Philip and I arrange these 6 cornerstone principles (as inspired by Tess's presentation) into step-by-step logical order of execution so you know how to turn the corner on your finances and the exact order to do it in.

The point of this podcast is to simplify all the complication and noise coming out of the financial media because it keeps you from taking action. It is the infamous paradox of choice. When there is too much information to digest then our minds go into confusion and shut down. The result is no action.

Related: Why you need a wealth plan, not a financial plan.

That's why it is so important to simplify. The number one wealth killer is procrastination because a confused mind can't take action. You must proactively design your financial life by taking daily actions to create your wealth. The sooner the better.

This podcast will show you how to simplify all the financial planning noise down to just 6 cornerstone ideas and arrange them in a logical order of execution. It is everything you need to know about financial planning – simplified.

In this episode you will discover:

  • Why awareness is the necessary starting point.
  • How the 6 cornerstone ideas interconnect to support each other.
  • A simple routine that will help you run your money like a business.
  • The cornerstone principle that will simplify your financial life once and for all.
  • Which expense should be optimized first to get the greatest result for the least effort.
  • The difference between aligning your spending with your values vs. getting the best value for your money.
  • The simple trick that can get you discounts on monthly recurring bills.
  • The right – and wrong – way to use coupons to save money.
  • How to define the efficient price point (Hint – it's not the cheapest, or the most expensive).
  • The inherent limitation to frugality that can trap you.
  • Why an emergency fund is essential to the early stage of your wealth building process, and why it is useless later on.
  • The 3 reasons to save.
  • The key difference between good debt and bad debt (yes, some debt can be good!)
  • The dangerous self-deception that causes consumer debt.
  • How Philip's “separate and automate” concept will help you save more with less stress.
  • How to get motivated to save for retirement (if you aren't already).
  • 3 simple steps to maximizing your retirement savings.
  • The correct stage for emphasizing risk management disciplines and why it is later in the process rather than early.
  • and much more….

Resources and Links Mentioned in this Session Include:

Help Out The Show:

Thank you to everyone who has left a review on ITunes!! I really appreciate it because your ratings drive Apple's ranking system which determines how many people see the show. You are making a difference.

I read every review and appreciate your support.

Click here to subscribe to the show on ITunes and leave a review…

Alternatively, you can click on the link below and it should also launch ITunes on your computer…

Click here to subscribe and leave a review from inside your ITunes account…

Thanks for your support and I hope you enjoyed this episode. Please let me know what you think in the comments below…

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Jan 06 2014

1hr 8mins

Play

Rank #4: FM 019: Expected Value Formula – The Missing Key To Building Wealth with Billy Murphy

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Click here to download the transcript of Billy's top tips to use expected value to build your wealth!

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Wealth is math.

That's bad news for math phobics, but it's great news for the rest of us because it means there are rules and science behind how wealth building works. It isn't random luck.

In Episode 19 of the Financial Mentor podcast we'll explore the most essential math principle to wealth building – the expected value formula.

This essential principle eludes most people because we inherently think in terms of probabilities – the likelihood of something occurring. It could be an investment going up or a business going bust. Either way, you most likely think in terms of the probability of the event occurring, and that is unfortunate.

Why? Because wealth is built according to expectancy – which is probability times payoff.

It's an entirely different way of thinking that produces surprising results. Discover how expectancy will literally determine the financial outcome of your life, and how you can use this uncommon knowledge to make smarter, more profitable investment decisions.

Related: Why you need a wealth plan, not an investment plan.

In this episode you will discover:

  • How a career as a professional poker player shaped Billy's view on traditional investing.
  • The difference between gambling and investing.
  • Why variance is a dangerously misleading measure of risk that can cost you a fortune.
  • The concept of “edge” in investing or “competitive advantage” in business.
  • How increasing sample size can lower risk, but only if you have positive expectancy.
  • The essential difference between asset wealth and cash flow wealth.
  • Why EV, or the expected value formula, permeates all forms of wealth building – paper assets, business, and real estate.
  • How to use the expected value formula for every business and financial decision you'll make.
  • The many dimensions to risk management revealed by a deep understanding of expectancy.
  • How to make more by risking less.
  • How diversification, when done incorrectly, can become di-worse-ification.
  • How the pursuit of safety can put you at even greater risk.
  • Why all expectancies are not created equal, and how that spells opportunity for you.
  • The dangerous illusion of results, and why expectancy is actually more important.
  • How recency bias causes you to make losing investments.
  • The two essential skills you must develop to invest with greater profit and reliability.
  • How to use risk management skills to raise your expectancy.
  • The right (and wrong) time to avoid analysis-paralysis in the due diligence process and just pull the trigger.
  • How to test any investment using the “cocktail napkin test”.
  • How missing a positive EV investment is mathematically equivalent to negative EV, and avoiding negative EV is mathematically equivalent to positive EV.
  • Why insurance makes good business sense, even when it has a negative expected value.
  • The right and wrong way to use insurance to manage negative expectancy risk.
  • and much more….

Resources and Links Mentioned in this Session Include:

Help Out The Show:

The feedback on these podcasts has been great! Your enthusiastic response is what drives me to continue producing them.

5 star reviews and new subscribers over at Itunes increase the show's rank and help more people benefit from the message.

If you could spare a minute to leave a review on Itunes it would mean a lot to me. Thank you so much!

Click here to subscribe to the show on ITunes and leave a review…

Alternatively, this link below will help you subscribe and leave a review on your device…

Click here to subscribe and leave a review from inside your ITunes account…

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May 11 2014

59mins

Play

Rank #5: FM 011: Automatic Wealth – How To Master Your Habits with James Clear

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Click here to download the transcript of James' top tips for building automatic wealth through habits!

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What is the easiest, most certain way to achieve anything?

Daily habits.

Any goal you want in life (including financial freedom) is reachable through a few key habits and a little bit of time.

It's really quite simple. Habits compound your daily actions into automatic wealth just like regular savings compounds daily deposits into wealth. It is the identical principle applied to two different resources in your life – money and time.

Does it take effort? Yes – we're not about get-rich-quick here. You have to work at it and the results are produced over time. But it is a simple, certain path to achieve your financial goals with the greatest confidence possible.

If you don't believe you can build automatic wealth then think again because your financial goals are just a few daily habits from being achieved. The end result is not a question of “if”, but “when”. The key is your daily habits, and episode #11 of the Financial Mentor podcast with James Clear will show you how.

Related: Why you need a wealth plan, not a financial plan.

In this episode you will discover:

  • How to find balance so you can expand your capabilities in a new area without sacrificing other areas of your life.
  • How to automate your skill development.
  • How to convert personal growth into financial success.
  • The critical role of carving out space and time for nurturing a habit during its infancy.
  • How conscious understanding, implementation, and ultimate success connect to maximize results with the least effort.
  • The hidden way environments shape your habits – without you even knowing.
  • The easy strategy to form any new habit.
  • The two ways to design your life so that you are literally pulled toward desirable habits and repelled from negative habits.
  • Why you should never rely on motivation for behavior change.
  • Surprise! How the color of your plate can determine how much you eat.
  • How to use visual cues to “automate” your habits.
  • The critical connection between habit “frequency” and eventual success.
  • What you're really saying when you claim you “don't know where to begin”.
  • Why commitment must precede goal achievement, and how to make it work for you.
  • How to use identity based goals to strategically bridge your way to performance based goals.
  • The 3 R's of habit formation.
  • What Alcoholics Anonymous knows about interrupting bad habits that you would be wise to learn also.
  • Why you should always start new habits with action first (except in this one important situation!)
  • Why focusing on process habits is more effective than outcome oriented goals.
  • What “keystone habits” are and how they help you get more done with less effort.
  • and much more….

Resources and Links Mentioned in this Session Include:

Help Out The Show:

Finally, we're in the home stretch of promoting this podcast on ITunes and the effort has been a success.

We're ranking in the top 10 podcasts for “investing”, and we generally rank in the top 30 overall for the very competitive “business” category – all in less than 2 months. And I have all of you who subscribed and left comments to thank… so thank you!

We only have a few weeks left for eligibility in New & Noteworthy on Itunes as we make a final rush to the promotional finish line so if you have yet to subscribe or leave a review now is a great time. I read every review and appreciate your support.

Click here to subscribe to the show on ITunes and leave a review…

Alternatively, you can click on the link below and it should also launch ITunes on your computer…

Click here to subscribe and leave a review from inside your ITunes account…

Thanks for your support and I hope you enjoyed this episode. Please let me know what you think in the comments below…

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Nov 27 2013

1hr 19mins

Play

Rank #6: FM 004: Early Retirement Success Story with Doug Nordman

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Click here to download the transcript of Doug's early retirement tips!

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Early retirement is surprisingly simple.

In this fourth session of the Financial Mentor podcast, Doug Nordman reveals in plain language how he did it – so you can too.

What is particularly important to note about Doug's ideas is how consistent they are with the other “early retirement success stories” in this podcast despite his unusual path to early retirement.

In other words, while most financial success stories are about entrepreneurs and business owners who strike it big, Doug achieved financial independence as a U.S. Navy nuclear submariner. No bestselling author, dot-com millionaire, entrepreneurial success story that listeners can't duplicate. Just a simple 20 year career in the military with a pension. The principles are easily duplicated by anyone.

Doug followed a traditional savings and investment strategy coupled with the generous U.S. military pension system (treated as a lifetime, inflation adjusting annuity) to secure his financial future. You can do the same.

Related: Why you need a wealth plan, not a financial plan.

More specifically, in this episode Doug reveals:

  • Why your path to financial independence may be unique to you, but the principles you'll follow are generally the same as everyone else.
  • How the concept of “bridging” works so you can retire sooner with fewer assets.
  • Why rental real estate should be locally owned in all but the rarest cases.
  • The connection between happiness with the frugal lifestyle and valuing experiences over stuff.
  • Why cash flow is king and asset accumulation is a second class citizen in the early retirement game.
  • How to make a dream lifestyle affordable.
  • How to get international diversification that manages currency risk from a U.S. centric portfolio.
  • Why bonds have no role in a retiree's portfolio and which assets to replace bonds with (you might be surprised!).
  • How to improve your portfolio performance by ignoring CNBC and The Wall Street Journal.
  • Why Warren Buffett has lived in the same house for decades and you should too.
  • The dangers of commingling social needs with investment strategy.
  • The three biggest investment mistakes and the lessons Doug learned (the hard way).
  • The seductive illusion that new retirees feel toward active investing and how to solve it.
  • The delusion that retirement is just self-entertainment and the critical role that contribution plays in a retiree's happiness equation.
  • Why time is your most valuable asset – not your money or net worth.

 Resources and Links Mentioned in this Session Include:

Help Out The Show:

Finally, this podcast is now live on Itunes. Yay! In fact, all four of the sessions published are now available for download on Itunes.

Click here to subscribe to the show on Itunes and leave a review…

My goal is to appear in the “New and Noteworthy” section of Itunes, and you can contribute to making that goal a reality by subscribing to the podcast, rating it, and/or leaving an honest (5 star hopefully) review. It is a great way to support this podcast if you are getting value from it. Just click on the link below and it should also launch Itunes on your computer…

Click here to subscribe and leave a review from inside your Itunes account…

Thanks for your support and I hope you enjoyed this episode. Please let me know what you think in the comments below…

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Oct 01 2013

58mins

Play

Rank #7: FM 006: The Habit of Wealth With Scott H. Young

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Click here to download the transcript of Scott's best habit tips to achieve your goals!

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Habits are the easiest, most secure way to achieve any goal – including wealth.

Whether you want to learn how to invest smarter, grow your net worth, lose weight, or get in great shape – habits are the key.

In this 6th podcast with Scott H. Young we reveal all the tricks and tips to changing your habits and proactively designing your life to achieve any outcome you desire – including wealth.

You might think a subject like habits has no place in a podcast designed to help you invest smarter and grow your wealth, but nothing could be further from the truth. In fact, I'll go so far as to say that all the success I've enjoyed in my life can be traced back to my habits. It is THAT important.

Developing the right habits is so essential to your success, both financial and personal, that they are the centerpiece of Step 2 in my 7 Steps To 7 Figures wealth building program launching this winter.

Related: Why you need a wealth plan, not a financial plan.

In fact, I consider habits such a big deal that I've lined up no less than 3 separate guest experts for future podcasts to bring additional perspective to this critically important subject. You must understand how habits influence your life and how you can proactively shape your habits to create whatever success you desire. It is a subject that is deceptively simple to understand but more difficult to implement without the right knowledge – which I will be giving you.

In a nutshell, your habits are the key to your health, wealth, and happiness. Mastering the skills to change your habits consciously so that you can proactively design your life is a critically important skill on your journey to financial freedom.

In this episode you will discover:

  • How to get a college education in one year instead of four… and at a tiny fraction of the cost.
  • Why proactively shaping your habits is an essential topic for growing your wealth.
  • How to achieve 100 times greater results for less than 10 times the effort.
  • How to reverse engineer goals that seem impossibly large into step-by-step simplicity.
  • Why goal achievement over time works the exact same way as wealth compounding over time.
  • A simple way to leapfrog your competition in business and your career.
  • The specific steps you must take to make new habits start easier and stick longer.
  • How to reduce the amount of willpower needed to adopt a new habit.
  • The “30 Day Trial” technique and the two ways it makes new habits stick.
  • How long it takes to cement any new habit.
  • When it is okay to break a new habit, and when it isn't.
  • How “triggers” work and why they are so important.
  • Why bad habits require “replacement theory” to break them or you will almost certainly fail.
  • How to leverage your way to willpower.
  • How reverse rewards can help you break through barriers when all else fails.
  • How to hack your thoughts to reinforce any desired behavior change.

Resources and Links Mentioned in this Session Include:

Help Out The Show:

These podcasts require an extraordinary amount of time and effort to produce. If you are getting value then a great way to give back and encourage me to continue producing them is by heading on over to Itunes to leave an honest review (hopefully 5 stars) and make sure to subscribe while you are there. Many people are raving on Twitter, Facebook, and in email which is always appreciated, but reviews and subscribers on Itunes is how you make a difference. I have 11 reviews right now and would love to see 20 more. Can you help out?

Click here to subscribe to the show on Itunes and leave a review…

Alternatively, you can click on the link below and it should also launch Itunes on your computer…

Click here to subscribe and leave a review from inside your Itunes account…

Thanks for your support and I hope you enjoyed this episode. Please let me know what you think in the comments below…

[how-much-money-do-i-need-to-retire-footer]

Oct 21 2013

59mins

Play

Rank #8: FM 018: How To Break Through Your Most Stubborn Limiting Beliefs With Dane Maxwell

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Success is about people first.

If it was just about how-to's then we would all be thin, rich, and happy because all the knowledge you need to attain anything you want in life already exists. You just have to learn it and implement it.

But it doesn't work that way. You aren't a perfect, rational computer.

You don't just process information, make plans, and produce results in a logical, perfect way because you are an emotional human being. Your emotions and beliefs are a filter that either serves you in achieving your goals, or they hurt you.

I overlooked this essential reality in my early years of coaching and made the same mistake nearly all experts make. I believed that if I just showed people how to do something that they would go out and implement it to produce the same results I did.

BOY, WAS I WRONG!!!

There is much more to achieving success than just how-to's. And there is a lot more to teaching success than just dispensing how-to information.

[related-planning-mistakes]

There's a second layer of knowledge explaining how humans work that you must understand if you want to  break through your limiting beliefs and rise to new levels of achievement with the least friction and effort possible.

This knowledge is critical to your success…

In this episode you will discover:

  • Why how-to's are not enough to succeed.
  • The common, yet critical, mistake nearly all self-help gurus make.
  • How results take care of themselves once your limiting beliefs are removed.
  • The surprising role your community plays in achieving success.
  • Why financial freedom is ultimately about giving – not getting.
  • How any lack of abundance in any area of your life can be traced back to a limiting belief. Amazing!
  • An exact step-by-step formula for building your own business today even if you have no experience, no idea, and no money. It really works!
  • How to travel for 90 days, do only 4 hours of work, and come home with $100,000 more in the bank than when you left.
  • The 3 key words you must know to build an abundant life.
  • The 4 essential principles of a lifestyle business so that greater success results in freedom instead of just more work.
  • How “The Work” effortlessly removes limiting beliefs without any psychological mumbo-jumbo or needless drama – and, it only takes a few minutes.
  • Why limiting beliefs are the cause behind lack of success and how that is actually an empowering reality.
  • How to know the exact time when limiting beliefs are THE next required obstacle you must clear to achieve the next level of success.
  • and much more….

Resources and Links Mentioned in this Session Include:

Help Out The Show:

The feedback on these podcasts has been great! Your enthusiastic response is what drives me to continue producing them.

5 star reviews and new subscribers over at Itunes increase the show's rank and help more people benefit from the message.

If you could spare a minute to leave a review on Itunes it would mean a lot to me. Thank you so much!

Click here to subscribe to the show on ITunes and leave a review…

Alternatively, this link below will help you subscribe and leave a review on your device…

Click here to subscribe and leave a review from inside your iTunes account…

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Apr 14 2014

1hr 17mins

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Rank #9: FM 003: How To Build Wealth Through Business with Jaime Tardy

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Click here to download the transcript of Jaime's top wealth building tips!

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If you want to build wealth there are three asset classes to work with – real estate, paper assets, and growing your own business.

In this third session of the Financial Mentor Podcast, Jaime Tardy from EventualMillionaire.com shares unique insights into how to build wealth using specifically the business/entrepreneurial path.

Jaime has interviewed more than 100 self-made millionaires who built their wealth by following the entrepreneurial path. The interviews taught her clear patterns that lead to success in business, and Jaime has distilled these patterns into a core set of principles which she shares in this podcast.

These are real insights from real millionaires that replace common myths taught elsewhere. This is essential learning for anyone seeking financial independence because more people achieve wealth through owning their own business than any other path.

Related: Why you need a wealth plan, not a financial plan.

In this episode you will discover:

  • Why the “passion vs. profit” conundrum is a dangerous illusion.
  • The insidious nature of excuses and how to get past them.
  • The critical role of a compelling business model to entrepreneurial success.
  • Why successful entrepreneurs are infomaniacs because of the competitive edge it gives them.
  • The “just-in-time” strategy to overcome information overwhelm so you can get more done in less time.
  • Why millionaires are fascinated by boring ideas like goal setting and accountability (hint: because they get results).
  • The critical role measurement plays in achieving your goals.
  • Discover what's more important – focusing on process or results? (Surprise! It's not what you think.)
  • The unexpected 20/20 hindsight that makes who you become more important than the money earned.
  • Why the worn-out wisdom of working on your weakness is flawed in today's business world – pursue your strengths instead.
  • The key role that environment and positive influencers play in your success.

Resources and Links Mentioned In The Show:

Help Out The Show:

I'm very excited to announce this third episode of the new Financial Mentor podcast. You can now expect 2 episodes per month designed to help you build financial wealth and live a wealthy life. Each episode will be packed with data driven insights and unconventional wisdom.

You can find all sessions of the podcast on Itunes where you can subscribe and/or leave a (hopefully 5 star) review…

Click here to subscribe to the show on Itunes and leave a review…

Again, if this podcast gave you value then a great way to give back is to subscribe and/or leave a review on Itunes. Just click on the link above or you can use the link below and it should also launch your Itunes account on your computer…

Click here to subscribe and leave a review from inside your Itunes account…

Thanks for your support and I hope you enjoyed this episode. Please let me know what you think in the comments below…

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Sep 17 2013

43mins

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Rank #10: FM 015: Early Financial Independence With Luke Landes

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Sure, you want early financial independence.

But how do you achieve it?

What are the necessary action steps to reach the goal, and how can you expect your life to change afterward? Surprisingly, it doesn't work like most people think.

In this latest addition to our podcast series featuring early financial independence success stories (see previous episodes with Darrow Kirkpatrick and/or Doug Nordman), Luke Landes shares how he achieved freedom from day-to-day financial worries at such an early age, and what his life experience has been like since reaching the goal.

Surprisingly, it's not like most people would expect.

Luke's story differs remarkably from previous success stories because he never really set out to achieve financial independence. In fact, he sort of fell into it by accident (even though he still worked hard and planned strategically) by being the right guy in the right place at the right time.

Luke's story is also different from previous stories because he didn't save his way to methodically reach the goal with discipline. Instead, he attained it through the business path to wealth with a single buyout of a single business.

Related: Why you need a wealth plan, not a financial plan.

I really appreciate how generous and candid Luke was in this interview sharing his experience of life and the pursuit of happiness following financial independence. He tells you the straight truth about struggles with motivation when money is no longer a concern. He explains the challenges of leading your own life when normal career constraints and the need to make money are removed.

So get motivated to move to the next stage of your life where the focus is on fulfillment instead of money with tips to help get you there faster and with fewer mistakes.

In this episode you will discover:

  • The many definitions of financial independence… and which one Luke has chosen.
  • Exactly how Luke achieved financial freedom – almost by accident.
  • The role of luck and being in the right place at the right time for some types of financial success. (Hint – you still have to work hard and be strategic even when you're lucky.)
  • How single point failure risk can destroy a fortune quickly, and what you must do to manage it.
  • The value of diversifying revenue sources within your business model to control risk.
  • How to prepare a business for sale so that you maximize the value.
  • What you must do to find a buyer who will pay more for the business than it is worth to you.
  • The unexpected difficulty with motivation that everyone who achieves early financial independence must overcome.
  • Why you may already be financially independent and not even know it. Seriously!
  • How the human need to serve somebody – whether financially independent or not – turns the whole idea of “freedom” on it's head.
  • How autonomy affects your motivation and sense of personal freedom – whether employed or not.
  • The million dollar myth – Revealed!
  • Why it's all about cash flow… not assets.
  • Exactly how your motivation for work and new projects will change after financial freedom.
  • What to do when your passion in life requires hard work, but you no longer have to work at all.
  • How early financial independence is just like 2nd generation wealth… but without the second generation.
  • The absolute, foolproof way to know exactly what you are truly committed to. It never fails.
  • How to master the essential success characteristic – focus.
  • Why building wealth is one of your greatest paths to personal growth.
  • and much more….

Resources and Links Mentioned in this Session Include:

Help Out The Show:

Giving an honest review on Itunes is one of the best ways to support this show.

5 star reviews increase the show's rank and help more people benefit from the message. Please take the time to leave a review. Thanks!

Click here to subscribe to the show on ITunes and leave a review…

Alternatively, this link below will help you subscribe and leave a review on your device…

Click here to subscribe and leave a review from inside your ITunes account…

Thanks for your support and I hope you enjoyed this episode. Please let me know what you think in the comments below…

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Feb 03 2014

1hr 7mins

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