EPISODE · Nov 30, 2023 · 14 MIN
Money mindset: Overcoming psychological barriers to financial success| Part 1
from Temperament: Money, Mind & Emotions · host Personal Finance TV
Get holistic financial planning with 1 Finance - https://1finance.onelink.me/5Kxt/otep12Money means different things to different people and how we think about money really matters. Our money mindset influences the choices we make in our careers, the people we choose to be with, and the experiences we have.A study by Ramsey Solutions revealed that 97% of first-generation millionaires believed in their ability to become millionaires. This mindset, rather than external factors like inheritance or education, propelled them to success.Hence, in the first part of the episode, we talked about the basics of managing money. We discussed things like how we learn from watching others (Observation, Imitation, and Reinforcement), and we also talked about how what we value and prioritize is crucial for finding both financial well-being and fulfillment.*Disclaimer: Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.Registration granted by SEBI, membership of BASL and certification from National Institute of Securities Markets (NISM) in no way guarantee performance of the intermediary or provide any assurance of returns to investors.Quotes or authorisations in this podcast are provided solely for educational purposes and relate to third-party products.
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Money mindset: Overcoming psychological barriers to financial success| Part 1
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