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Money mindset

A recap of The Strangest Secret and how your kids can learn with audio

I just started reading EntreLeadership by financial guru, Dave Ramsey. Early on in the book, Dave talks a bit about his childhood.

My parents were in the real estate business and were bent on tutoring their children by listening to motivational tapes in the car… They said it would be good for us to learn to dream, to think big, and to know that we could be anything we wanted to be. At twelve years old, all I wanted to be was somewhere else other than stuck in the backseat of that hot car, listening to Earl Nightingale’s deep voice. He sounded like God himself, droning on about how “you become what you think about; this is the strangest secret.”

I also realize the gift my parents gave my sister and me, because I am convinced that a lot of my personal success in so many areas of my life can be traced back to being in the backseat of that Chevy Impala. As a captive audience, I learned that you have to dream and you have to do something about making those dreams happen.

Dave Ramsey, EntreLeadership

What a great idea — playing audiobooks in the car!

Categories
Money mindset

Parents, please don’t say you’re bad at math

Awhile back I wrote about being bad with money. My argument was that no one is bad with money — if you want to learn and get better, you CAN do it.

Today I want to talk about something similar — being bad at math.

Think about this — if you believe that you don’t like or aren’t good at math, what are the chances you’ll like and be good at personal finance?

And the same with your kids. If they hear you say this or worse, they say it themselves, how likely is it that they’ll be rockstars with their money later in life? I’d say slim.

Here are three questions to consider.

Categories
Money mindset

4 Reasons You Stink at Saving

Want to be a better saver? You’re in the right place. Here are four reasons you stink at saving and what to do about it.

Categories
Money mindset

You Are Not “Bad With Money” β€” Developing a Growth Mindset

Have you ever heard a friend or relative say, “I’m bad with money.” (Or maybe you’ve said it yourself.)

Maybe you think that one can either be “good with money” or “bad with money.”

If you’re “bad with money,” that’s just the way it is. You can’t change it, so you might as well live it up!

Beyond the scope of money, you may also think you’re “not creative” or “bad at math” or that you “always forget people’s names.”

This is crap.

Let me repeat.

This is crap.

You CAN CHANGE.

Yes, even you.