If we don’t understand the problem the solution doesn’t matter!
Episode Description:
In today's BetterWealth episode, I talk about the problems that you face today as it relates to your wealth and the outside forces that are working against us and hurting our chances of being successful in the future as it relates to our wealth. Albert Einstein once said “We cannot solve our problems with the same thinking we used when we created them.” Listen as I walk through a few of the biggest problems I believe we as a society face when it comes to wealth creation. Problems such as inflation, low interest rates, fear, commercial leases, taxes, the 4% rule, spending more than we make, and low savings. But at the end of the day it is imperative that in our own personal/family economy we have a good grasp of the money we have coming in and how we can grow that, where the money is being spent and is it the most efficient or is there money being lost, and finally is the money that we are saving protracted and working in such a way that it will continue to support our lives in the future.
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