2591: 7 Mentally Strong Financial Traits by Andrew of Dollar After Dollar on Psychology of Spending Money

Published: Jan. 18, 2024, 8 a.m.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\nEpisode 2591:\nAndrew of DollarAfterDollar.com outlines seven key traits of mentally strong individuals in the context of financial success. He emphasizes the importance of understanding the long-term impact of financial decisions, removing emotion from financial choices, persistently sticking to a financial plan, overcoming fear and failure, adapting to setbacks, being willing to work hard, and continuously learning. Andrew highlights how these traits contribute to building wealth and achieving financial goals. He cites examples such as investing consistently, learning from mistakes, and gaining financial knowledge to become self-reliant in managing finances.\nRead along with the original article(s) here: https://www.dollarafterdollar.com/7-mentally-strong-financial-traits/\nQuotes to ponder:\n"Money is a mental game."\n"If you invest $20 a week with the market average of 8% interest, you would have $51,310.30 in 20 years."\n"The greatest money mind of all time, Warren Buffet, is known to read 80% of his work day."\nLearn more about your ad choices. Visit megaphone.fm/adchoices