The School of Greatness

3 Powerful Steps to Manifest Financial Abundance: Unlock Your Wealth Potential

Jan 5, 2024

Jaspreet Singh, attorney and CEO of Market Briefs, shares his insights on financial education and the current economic landscape. Ken Honda, best-selling author of Happy Money, emphasizes healing money wounds for inner peace and abundance. Bob Proctor, a motivational speaker and expert on the human mind, explores the psychology behind financial decision-making. The trio discusses investing in oneself, the emotional aspects of wealth, and strategies for cultivating a positive mindset to achieve financial freedom and long-term success.

59:34

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Episode guests

Bob Proctor

Ken Honda

Jaspreet Singh

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Quick takeaways

Understanding psychology is crucial for successful investing, emphasizing long-term strategies and passive investment in various assets.

Parents should teach children that money is fun, managing emotions related to money is important, and giving leads to financial abundance.

Earning money should be a byproduct of doing what one loves and finding fulfillment in their work, focusing on the satisfaction and contribution rather than solely pursuing money.

Deep dives

The Psychology of Investing is Crucial

The podcast episode emphasizes that the psychology of investing is just as important, if not more, than the technical aspects. People can easily get caught up in the daily fluctuations of the stock market and become emotionally drained. The speaker shares personal experiences of getting addicted to day trading and constantly monitoring stock prices. They stress the importance of understanding one's own psychology and adopting a long-term investment strategy. This involves passively investing in stocks, physical gold, and cryptocurrencies through low-cost ETFs and regular contributions. Additionally, the speaker advocates for an active strategy that involves fundamental analysis in real estate, stock market, startups, and cryptocurrency investments.

Three Skills Everyone Should Learn to Generate More Wealth

00:41

How to Invest in Physical Gold

02:33

The Vision for Your Money Life

01:34

Intro

2min

The Psychology of Investing: Navigating Financial Markets

2min

Navigating the Investment Maze

20min

Embracing Financial Flow and Smart Spending

4min

Redefining Wealth and Relationships

18min

The Path to Financial Abundance

7min

Cultivating a Wealth Mindset

13min

Unlocking Financial Wisdom Through Reading

2min

No matter what life throws your way, there are a few things that will ALWAYS be in your full control: your attitude, your skill set, and your effort. While it’s important to be aware of new external opportunities and swing for the fences when they come your way, never let them distract you from investing in yourself.

Investing in yourself doesn’t only mean hitting the gym or reading the latest personal development book – it goes beyond that. It means that we should invest in our personal finances, equip ourselves with the skills to make us recession-proof, set ourselves up for long-term success, and more.

Jaspreet Singh, the Minority Mindset, is an attorney, investor, and CEO of Market Briefs. Although he didn’t receive any formal financial education – he is on a mission to make financial education fun and accessible. He’s back on the show to share his thoughts about the current economic situation and help educate people on their best course of action moving forward.

Ken Honda is the best-selling author of Happy Money, a wealth and personal development book which teaches a revolutionary approach to money. For 25 years, Ken has been teaching and mentoring people in Japan about how to understand and heal unconscious money wounds, achieve peace of mind, and learn practical, powerful ways to increase abundance.

Bob Proctor is a New York Times bestselling author, motivational speaker, success coach, and expert on the human mind. In short, he’s a master thinker. One of his bestselling books is called You Were Born Rich, which is all about finding success in your present rather than reaching for it in the future. Bob is also featured in the popular film The Secret, one of the most popular self-help films ever made.

In this episode you will learn