49. IF YOU WANT TO BUILD WEALTH, PRESS PLAY
The Trent Shelton Podcast
Be Intentional with Your Spending Decisions
The key to avoiding financial trouble is being intentional with money choices and distinguishing needs from wants. By raising awareness and questioning every spending decision, individuals can identify unnecessary expenses and focus on essentials. This approach helps in avoiding impulse purchases driven by external influences like social media, leading to a more disciplined financial management strategy such as initiating a debt payment plan to eliminate existing debts.
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