Today I am going to be discussing the importance of minding your own business about money. I have been hearing and seeing a lot of things recently that have given me pause surrounding this topic, so today I want to share my tips on how to stop inserting yourself into other people’s money situations and start focusing solely on growing your bank account.
Listen in as I explain the importance of not comparing yourself to others, as more often then not, things are not what they seem. You will learn why it is important to stand behind the pricing you have created for your product or business, why looking wealthy is not the same as being wealthy, and more.
“Do you want to look wealthy or be wealthy?” – Tracey Bissett
This Week on Young Money:
- Why you can’t believe everything you see.
- The problems that come from concerning yourself with other people and their money.
- Why looking wealthy doesn’t always mean you are wealthy.
Key takeaways:
- Don’t compare yourself to others.
- Stand firm in your pricing.
- Look inward.
Resources Mentioned:
- EP012 The Financial Cost of Comparisonitis with Rachel Brownlow Lund
- EP036 Kelley Keehn with 5 Ways We Sabotage Our Finances
- EP045 Stop Feeling Broke with Shannon Lee Simmons
- EP076 Happy Go Money with Melissa Leong
- EP090 3 Financial Fitness Lessons from Rihanna & Jay-Z
- EP155 Business Pricing 101: How to Price Your Product or Service
- Warren Buffet
- Power + Presence + Position podcast hosted by Eleanor Beaton
Young Money Scholarship Fund
Thank you to all post secondary students who applied for The Young Money Scholarship Fund. The fund was established to help post secondary students achieve their goals by removing some of the financial strain from the equation and is powered by Bissett Financial Fitness Inc.
Applications for this round have now closed and we will be announcing the recipients shortly. Don’t worry if you missed this round – this was the first round of many!
Rate, Share & Inspire Other Young Millionaires-in-the-Making
Thanks for tuning into the Young Money Podcast – the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts.
Don’t forget to share your favorite episodes on social media!
Subscribe to the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.
Get Your Young Money Questions ANSWERED!
Want to learn more about how you can stay financially fit or share a question about money? Leave a voice message to get all of your Young Money questions answered.
Remember – there is no silly question when it comes to your financial fitness.
Leave a Reply