The Money Gains Podcast How Inflation REALLY Works And How To BEAT It with Brian Mitchell (Frugal Spender)
This week my guest is Mr Frugal Spender himself Brian Mitchell.
I've wanted to get Brian on as a guest for a long time, so I'm delighted we got to have this conversation. His no BS approach to personal finance is not only enjoyable but super knowledgeable and insightful too.
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In this episode:
- Understanding inflation and its impact on personal finance
- The emotional aspect of investing, including the fear of loss and the thrill of gains, can significantly influence investment behavior.
- Misconceptions about managing money, such as the focus on saving rather than investing
- Getting started with investing involves understanding the concept of assets, diversifying risk, and gaining experience to navigate market volatility.
- How to overcome a scarcity mindset, and Brian's approach to money and investing.
- The importance of having a real conversation with yourself about debt and taking ownership of financial decisions.
- The impact of social media on financial decisions and the need to be cautious about lifestyle inflation.
AND SO MUCH MORE!!
DISCLAIMER:
This video is meant for educational purposes and should not be considered financial advice. When you invest your capital is at risk. Past performance is not a guarantee of future success.
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