E127: Crush The 5 Things Holding You Back From Financial Success

Dollars and Nonsense

In this episode, we discuss the five human natures that limit our ability to succeed financially. These impact us when it comes to the Infinite Banking Concept especially.

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https://livingwealth.com/secretbanking/

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e127

Topics Discussed:

• How Nelson Nash described the five human natured holdings you back
• Understanding Parkinson's Law
  • how expenses tend to rise to match income
  • when luxuries become necessities
• Using the concept of opportunity cost to make wise decisions
• Seeing the default option is often the worst option for you
• How traditional financial products set you up for more taxes than you realize
• When control of your money is an illusion
• Understanding Sutton's Law
• Knowing when you're making the rules and when you are playing by someone else's
• The arrival syndrome and now it impacts your wealth
• What use it or lose it means when it comes to your money and how to make your money move
• How paying yourself first eliminates many of the sneaky rats eating up your finances

Episode Resources:

* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/