Welcome to the Money Mastery Unleashed podcast with your host and certified financial advisor, Adam Olson. In today's Sunday short episode, Adam dives into the law of influence, inspired by John Maxwell's "21 Irrefutable Laws of Leadership" and the Bible. Adam emphasizes that everyone is a leader, highlighting both positive and negative influences through biblical stories like Eve’s temptation of Adam and Jacob's deception of Esau. He contrasts harmful influence methods, such as force and manipulation, with positive ones like persuasion, motivation, and honor. Drawing from his book, "21 Things You Need to Know About Money," Adam advises parents to be financially stable before having children and to instill positive financial habits by discussing money openly and positively. He shares personal anecdotes, stressing the importance of setting a good example for children, like his parents did with regular church donations. Adam challenges listeners to teach their kids the value of money and positive financial behaviors, urging them to be proactive in their children’s financial education. Tune in every Thursday for full-length episodes on finance, and enjoy these Sunday shorts that blend financial wisdom with faith. If you find this episode valuable, please share, subscribe, and leave a review on Apple Podcasts.
"Every person is a leader in some way, shape, or form, but just because you have influence, that doesn't make you a good leader."
Key Takeaways:
Law of Influence
Positive Influence Strategies
Financial Lessons for Parents
Influencing Your Children Positively in Financial Matters
Learn more about Adam Olson by visiting the following links:
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Investing involves risk, including loss of principal.
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