Your Money Story episode artwork

EPISODE · Jun 1, 2021 · 24 MIN

Your Money Story

from A Magical Life: Health, Wealth, and Weight Loss

Join the conversation! Send Magic a text here!Today Magic will discuss the 5 levels of wealth and why people get stuck in a wealth rut.  The way to change your level of wealth is to change your money story.The 5 levels:Financial poverty - living day-to-day, using consumer credit, not saving or investingFinancial stability - spending on limited lifestyle items while saving, rarely is there investing or residual incomeFinancial security - spending money on limited lifestyle items and limited investments, they see debt as a tool for investing, small residual incomeFinancial independence - spending money on lifestyle and high-growth investments, debt is leverage, taking calculated risksFinancial freedom - spending money on their ideal lifestyle and strategic investments, money is working for them to support their ideal lifestyleYour Values TRACK can impact your money story. It can be geared to help you get to where you want to be.T: What do you love to talk about?R: What do you love to research?A: Abilities - learning about investing and lifestyleC: Contemplate - dream exactly what you want!K: What do you know a lot about? What are you capable of?Let's rewrite your money story.  Time to get your journal out!We've all heard the phrase "time is money." Begin rewriting your money story by writing yourself a list finishing the sentence:Being wealthy gives me more time because...Next, set a vision for your wealth.  Set the scene. Who are the players? Where is it taking place?  What things are you going to be doing?  Next, what are your golden values?  What are your shadow values and what things will stand in the way of your money story becoming a reality?  How do you feel about yourself and about your money?  Make your story detailed and very emotive.  Make it as long as you like.  Come back later and add to it if you like.  Read it to yourself every night and your mind will make it real, so your Values TRACK will align to make it happen.Send us a message on our Facebook page and share your money story with us! Inspire those who still need to write one.Connect with Magic:A Magical Life Podcast on Facebook: https://www.facebook.com/amagicallifepodcast/On Instagram: https://www.instagram.com/wholisticnaturalhealth/Online: https://wholisticnaturalhealth.com.auThis episode was produced by Sarah Decker with Subito Media. Connect on Facebook: https://www.facebook.com/subitomediaSupport the showConnect with Magic:A Magical Life Podcast on Facebook: https://www.facebook.com/amagicallifepodcast/On Instagram: https://www.instagram.com/wholisticnaturalhealth/Online: https://wholisticnaturalhealth.com.auA Subito Media production

Episode metadata supplied by the publisher feed · Published Jun 1, 2021

Embed this episode

Join the conversation! Send Magic a text here! Today Magic will discuss the 5 levels of wealth and why people get stuck in a wealth rut. The way to change your level of wealth is to change your money story. The 5 levels: Financial poverty - living day-to-day, using consumer credit, not saving or investingFinancial stability - spending on limited lifestyle items while saving, rarely is there investing or residual incomeFinancial security - spending money on limited lifestyle items and l...

Distinct summary based on available episode metadata or transcript content.

Ready to play

Your Money Story

0:00 24:53

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of A Magical Life: Health, Wealth, and Weight Loss?

This episode is 24 minutes long.

When was this A Magical Life: Health, Wealth, and Weight Loss episode published?

This episode was published on June 1, 2021.

Can I download this A Magical Life: Health, Wealth, and Weight Loss episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!