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Change Your Mindset: What’s Possible VS. What’s Needed

By ListenMoneyMatters.com | Andrew Fiebert and Matt Giovanisci

Whether you believe it or not, we have all heard the age old saying money can’t buy happiness, but there certainly is a relationship between your personal finances and your happiness. Maybe it’s time to change your mindset. People who earn a more are often happier than people who live in poverty, but it’s not just about the money itself. It is about providing insurance that you and your family can live a comfortable life no matter what life throws at you. Many of us think we only need so much to be happy, but you have no way of knowing how much you’ll need at some point in the future. Today the guys talk about how to change your mindset from “how much I need” to “how much is possible”. It doesn’t mean you have to constantly think about money or compromise your other values and interests, but you can simply think differently about your money. It’ll start to shift your choices. Unless you can predict the future, you do not know what you will need or want beyond today. Building your financial resources will help you deal with life’s uncertainties. Money takes time to grow, so you need to start now. Even if you have a job that pays well, the chances are it doesn’t pay quite enough to create financial independence. Your job is your job but building financial wealth is something else. Show Notes LMM Community: Join the conversation! The Millionaire Real Estate Investor: Thomas’ latest read Lapsang Souchong: The whiskey of teas  Learn more about your ad choices. Visit megaphone.fm/adchoices

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