Foundational Conversations About Investing and How to Make Your Money Grow

Welcome to the Wealth Series with Joe Reardon and Marcus Green. Joe Reardon Owner of The Joe Reardon Team is a successful residential real estate team within Keller Williams that has served Utah since 2007. Since 2012, we have used our expert knowledge to help nearly 600 families find home. Whether you are buying or selling, we'd love to be your real estate team! https://www.joereardon.com/ Maslow's Hierarchy of Needs This pyramid basically has five levels to it. So starting from the bottom is physiological needs, you know your food, water, shelter, then you have safety needs right, health, employment, property Then above that is where you get into more psychological needs where love belongs.  With family, friends, relationships. Next level up is esteem, self esteem, respect and recognition, The top one is self actualization, which is reaching your full potential. Key Takeaways:   The Secret to building wealth is that there's no secret, it's a process. Delayed gratification is not putting yourself in a worse financial situation by buying that depreciating asset, it's the work you've done over the last several years that set you up to be in a position to make this purchase.  This is a reward that doesn't inhibit your continued financial and wealth building journey. If we don't understand our personal relationship with money, then we can't lean on the strong parts of that relationship or fix the difficult or wrong thinking around that relationship right.