The Demartini Show Transform Your Relationship with Money EP - 258
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Oct 25, 2024 Dive into the complexities of our relationship with money, where immediate gratification often sabotages financial independence. Learn how to shift your mindset from impulse spending to long-term wealth accumulation. Discover the importance of aligning self-worth with financial goals and the meaningful intentions behind wealth. Find out how serving humanity can lead to personal fulfillment. Finally, redefine your approach to money by aligning financial choices with your core values, paving the way for a transformative financial journey.
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Immediate Gratification Fuels Consumerism
- Immediate gratification separates pleasure now from pain later and activates addictive tendencies in the brain.
- Paying cash or deferring gratification reduces impulse buying and increases financial foresight.
Values Determine Financial Behavior
- Your money management reflects your hierarchy of values and affects discipline and self-worth.
- People who value money buy appreciating assets and let money work for them through compounding.
Start Early And Automate Savings
- Start early and consistently save and invest a portion of income to let compounding work over decades.
- Automate increasing savings and buy quality assets rather than chasing quick riches or speculation.