The quest for wealth often begins in childhood, accompanied by an innocent inquiry into what it means to be 'rich.' On today's episode I share a story about a time when my eldest son, Hudson, recently broached this subject, it sparked a significant family discussion and a moment of introspection. "Are we rich?" he asked. This simple question led us to a broader conversation about the many dimensions of richness.
Remember this fundamental truth: mastering your money is about much more than accumulating wealth. It's about aligning your financial decisions with your core values, practicing generosity, and cultivating a rich life in every sense of the word.
“Analyze your spending habits by reviewing your bank account and credit card statements. Your expenses reveal what you truly value in life.”
What you will learn:
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Investing involves risk, including loss of principal.
Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions. Any strategies discussed may not be suitable for everyone.
Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC. Adam Olson, Representative. Mutual of Omaha Investor Services is not affiliated with any entity listed herein.
This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product.
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