In this episode, Jared discusses taking care of your finances today by building wealth, defining what wealth means to you, and the importance of being honest with yourself about what you want to achieve. He also emphasizes the need for humility and seeking knowledge, having a purpose when saving money, and dispelling the negative connotations surrounding wanting more money. He stresses the need for motivation towards what you want and how this mindset helps to expand and grow wealth. He shares his personal experiences of starting with just $25 and working up to saving 33% of his income, and the importance of being disciplined with your money to achieve your financial goals. He offers tips on using Excel sheets or Google Sheets to manage your finances, labeling your savings accounts with specific purposes, and allocating money towards fixed and variable expenses.
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