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how to be a millionaire DELUSIONALLY and realistically

how to be a millionaire DELUSIONALLY and realistically

FromSpoiled Girlie Support Group


how to be a millionaire DELUSIONALLY and realistically

FromSpoiled Girlie Support Group

ratings:
Length:
15 minutes
Released:
Sep 21, 2023
Format:
Podcast episode

Description

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Welcome to another exciting episode of "The Spoiled Girlie Support Group," where we delve into thought-provoking topics and empower you to take control of your financial future. In today's episode, we're tackling the intriguing subject of becoming a millionaire. I'm your host, Elle, and I can't wait to share some fascinating insights with you. We kick off the episode by challenging the conventional wisdom that suggests one must endure suffering and sacrifice in order to amass wealth. Instead, we adopt a refreshing perspective that emphasizes the importance of living a fulfilling life in the present moment. We reject the notion that the pursuit of money should come at the cost of our happiness and wellbeing. It's about adopting an abundance mindset, rooted in the belief that we can experience joy and abundance while on the path to financial success. As we dive deeper into the world of personal finance, we shine a light on the prevalent frugality narrative that dominates the online space. We question the one-upmanship that often occurs when individuals compare their frugal habits. By doing so, we challenge the notion that being "better" than others through extreme frugality is the key to financial success. Instead, we encourage our listeners to find a balance that allows them to enjoy life's little pleasures without compromising their financial goals. Moreover, we delve into the gender dynamics within the personal finance world. We acknowledge that the advice often fails to resonate with women, especially those who value their appearance and the opportunities it brings. We assert that investing in our physical appearance can yield substantial returns, as it opens doors and creates opportunities. It's about recognizing the interconnectedness between our outward appearance and the outcomes we desire. We urge our listeners to exercise discernment and align personal finance advice with their unique circumstances and aspirations. Moving on, we explore money as a resource that needs to be allocated wisely. We emphasize the significance of investing in oneself, including education and personal development. By making strategic investments, we can cultivate our skills and knowledge, thereby increasing our earning potential and creating long-term wealth. Now, let's journey into the delusional way to become a millionaire. We encourage our listeners to adopt the mindset of already being a millionaire, embodying the habits and behaviors associated with financial success. We recommend a fantastic book, "The Millionaire Next Door," which uncovers the hidden truth that many millionaires live relatively ordinary lives. By embracing frugality and avoiding status traps, we can align our everyday actions with the path to financial abundance. Shifting gears, we explore the realistic approach to becoming a millionaire. We dispel the notion that saving alone can lead to wealth and instead emphasize the power of investing. We explain the concept of compound interest, illustrating how even modest monthly contributions can grow exponentially over time. It's about finding the delicate balance between enjoying life's pleasures and building a solid financial foundation. To provide a tangible example, we use an online compound interest calculator to demonstrate the potential of consistent investing.
Released:
Sep 21, 2023
Format:
Podcast episode

Titles in the series (97)

a podcast for women who are ready to enter their spoiled girlie era and receive nothing but princess treatment all while securing their OWN bag