• Real-Life Lessons in Wealth Building

  • Jan 22 2025
  • Length: 23 mins
  • Podcast

Real-Life Lessons in Wealth Building

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  • Summary

  • Navigating a lump sum of money after an unexpected event can be overwhelming. This episode discusses the psychological challenges, budgeting strategies, and essential mindset shifts required to manage newfound wealth effectively.

    • Discusses the challenges of sudden wealth
    • Highlights the significance of creating a budget
    • Emphasizes the need for an emergency fund
    • Explains the concept of the 90-10 rule for saving
    • Shares personal insights on managing finances post layoff
    • Mentions the importance of taking measured steps before investing
    • Explores the impact of mindset on financial decisions

    To lean more, feel free to contact me
    www.nwminc.ca
    Jacqueline Correia
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