1 00:00:00,560 --> 00:00:04,520 Speaker 1: Seven Habits Keeping You Broke. Hello, and welcome back to 2 00:00:04,559 --> 00:00:07,520 Speaker 1: another episode of Sugar Mama's Fireplay, the podcast where we 3 00:00:07,600 --> 00:00:12,520 Speaker 1: ignite your financial independence, fuel your early retirement goals and dreams, 4 00:00:12,520 --> 00:00:16,720 Speaker 1: and help you build long term sustainable wealth and independence. 5 00:00:16,920 --> 00:00:19,880 Speaker 1: I am your host financial planner, Canna Campbell, and today 6 00:00:19,920 --> 00:00:22,560 Speaker 1: we're diving into you know what not just eye opening, 7 00:00:22,600 --> 00:00:25,560 Speaker 1: perhaps even a little bit confronting, and that is seven 8 00:00:25,600 --> 00:00:29,760 Speaker 1: Habits Keeping You Broke. So this episode is not about 9 00:00:29,880 --> 00:00:34,680 Speaker 1: shame or blame. It's simply about awareness and empowerment. When 10 00:00:34,760 --> 00:00:39,480 Speaker 1: we can actually honestly look at the sneaky little daily 11 00:00:39,520 --> 00:00:43,760 Speaker 1: habits that quietly drain our bank accounts and really, let's 12 00:00:43,760 --> 00:00:47,080 Speaker 1: be honest, hold us back from actually achieving what we're 13 00:00:47,120 --> 00:00:49,920 Speaker 1: more than capable of doing, we can actually start to 14 00:00:50,080 --> 00:00:54,560 Speaker 1: change these toxic habits and that's when the magic happens, 15 00:00:54,680 --> 00:00:58,000 Speaker 1: that shift, that breakthrough that I always talk about that 16 00:00:58,040 --> 00:01:00,800 Speaker 1: I want for you. And when this happened, our bank 17 00:01:00,800 --> 00:01:04,360 Speaker 1: accounts look a lot fuller, and we feel so much 18 00:01:04,440 --> 00:01:07,880 Speaker 1: more prouder of what we are doing and the choices 19 00:01:07,880 --> 00:01:10,600 Speaker 1: that we're making. And we start to realize that as 20 00:01:10,640 --> 00:01:13,039 Speaker 1: those bank accounts grow and there's more savings than what 21 00:01:13,080 --> 00:01:16,279 Speaker 1: we expected. You can actually put that money towards something 22 00:01:16,560 --> 00:01:20,880 Speaker 1: exciting that's going to improve our financial situation even further. 23 00:01:21,120 --> 00:01:25,760 Speaker 1: And perhaps that awareness might even elevate or flick the switch, 24 00:01:26,000 --> 00:01:29,520 Speaker 1: changing them from the toxic habits keeping us broken to 25 00:01:29,600 --> 00:01:34,240 Speaker 1: the wealth creating habits helping make us richer. So together, 26 00:01:34,280 --> 00:01:37,480 Speaker 1: in this episode, let me help you take a radical 27 00:01:37,560 --> 00:01:41,560 Speaker 1: responsibility for your financial future, and let's do something about 28 00:01:41,560 --> 00:01:45,240 Speaker 1: it together, starting right now. I really hope you're as 29 00:01:45,280 --> 00:01:49,880 Speaker 1: excited as I am, So sit back, relax, and let's 30 00:01:50,040 --> 00:01:54,960 Speaker 1: expose those habits holding us back and change them for good. 31 00:02:05,760 --> 00:02:09,120 Speaker 1: All right. Habit number one has got to be spending 32 00:02:09,360 --> 00:02:12,840 Speaker 1: without a plan. I am making this habit number one 33 00:02:13,080 --> 00:02:15,520 Speaker 1: for a very good reason. If you don't tell your 34 00:02:15,600 --> 00:02:20,440 Speaker 1: money where to go, it will disappear without you even realizing. 35 00:02:20,639 --> 00:02:23,600 Speaker 1: A classic sign of this is when you are about 36 00:02:23,600 --> 00:02:26,040 Speaker 1: a week or maybe even a few days before payday 37 00:02:26,280 --> 00:02:29,919 Speaker 1: and there is barely anything left in your savings account. 38 00:02:30,080 --> 00:02:32,760 Speaker 1: You're scratching your head, going, oh my goodness, where did 39 00:02:32,760 --> 00:02:35,919 Speaker 1: all that money go? Like? How have I run short 40 00:02:36,200 --> 00:02:39,960 Speaker 1: so soon? The chances are that you have probably been 41 00:02:40,080 --> 00:02:43,680 Speaker 1: winging it, you know, just tapping, waiving that card, that 42 00:02:43,760 --> 00:02:46,800 Speaker 1: credit card, buying things here and there, and now you 43 00:02:46,840 --> 00:02:51,040 Speaker 1: are literally living paycheck to paycheck, or even worse, when 44 00:02:51,120 --> 00:02:54,840 Speaker 1: we spend without a plan, we're actually quite often wasting 45 00:02:54,919 --> 00:02:57,600 Speaker 1: money on the things that we don't really need or 46 00:02:57,720 --> 00:03:01,560 Speaker 1: truly value. And that money that's been wasted could have 47 00:03:01,560 --> 00:03:05,919 Speaker 1: actually been put towards something important, something valuable, something exciting, 48 00:03:06,040 --> 00:03:08,320 Speaker 1: such as building up our savings account, whether it be 49 00:03:08,480 --> 00:03:11,520 Speaker 1: saving for a deposit, saving to invest, or maybe just 50 00:03:11,639 --> 00:03:15,320 Speaker 1: emergency saving, or on that idea of investing. That money 51 00:03:15,320 --> 00:03:18,919 Speaker 1: could have gone towards our investment portfolios, or even helping 52 00:03:19,000 --> 00:03:21,800 Speaker 1: us prepare for retirement so that we can potentially retire 53 00:03:21,919 --> 00:03:25,760 Speaker 1: sooner or retire with more money. So to combat this, 54 00:03:26,360 --> 00:03:29,320 Speaker 1: you need to have some instructions in your life where 55 00:03:29,720 --> 00:03:33,440 Speaker 1: you decide when, where and how you want to spend 56 00:03:33,760 --> 00:03:36,240 Speaker 1: your money. Notice how I've said this is not about 57 00:03:36,320 --> 00:03:39,160 Speaker 1: not spending, It's about spending with a plan. So this 58 00:03:39,280 --> 00:03:43,200 Speaker 1: plan is called a budget. Now, despite what you might think, 59 00:03:43,440 --> 00:03:47,360 Speaker 1: a budget is not restrictive, it is actually empowering. I 60 00:03:47,440 --> 00:03:50,360 Speaker 1: really love our family budget and my own personal budget 61 00:03:50,360 --> 00:03:52,360 Speaker 1: because it keeps me in check and I spend I 62 00:03:52,400 --> 00:03:54,960 Speaker 1: definitely spend. Just look at my personal social media account. 63 00:03:54,960 --> 00:03:56,560 Speaker 1: You'll see that I do like to spend, but I 64 00:03:56,640 --> 00:04:00,160 Speaker 1: spend responsibly with a boundary and with a plan. Now, 65 00:04:00,240 --> 00:04:03,520 Speaker 1: when you have a budget, it actually gives you freedom 66 00:04:03,600 --> 00:04:09,280 Speaker 1: to spend in alignment, conscious alignment, intentional alignment with your 67 00:04:09,480 --> 00:04:14,920 Speaker 1: own personal money values. It gives you really clear instructions, 68 00:04:14,920 --> 00:04:17,720 Speaker 1: almost like a recipe to follow. And best of all, 69 00:04:17,760 --> 00:04:20,600 Speaker 1: it gives you boundaries. It keeps you safe, it stops 70 00:04:20,600 --> 00:04:25,000 Speaker 1: you getting in trouble. It also helps minimize any regrets. 71 00:04:25,279 --> 00:04:28,200 Speaker 1: So if you like to dine out in lovely restaurants 72 00:04:28,240 --> 00:04:31,640 Speaker 1: once a week, no problem whatsoever. Just make sure that 73 00:04:31,680 --> 00:04:34,599 Speaker 1: you put it in your budget with a spending plan 74 00:04:34,920 --> 00:04:37,719 Speaker 1: and limit. If you love fashion, or you love buying 75 00:04:37,760 --> 00:04:41,200 Speaker 1: yourself a beautiful bunch of flowers, because that's where your 76 00:04:41,279 --> 00:04:43,600 Speaker 1: value system is. That makes us you feel special, that 77 00:04:43,640 --> 00:04:46,200 Speaker 1: makes you feel good great. I love that you have 78 00:04:46,279 --> 00:04:48,920 Speaker 1: that awareness. It is completely fine to go and do that. 79 00:04:49,160 --> 00:04:51,680 Speaker 1: Just make sure it is in your budget so that 80 00:04:51,720 --> 00:04:54,200 Speaker 1: when you go and buy those beautiful flowers for yourself, 81 00:04:54,279 --> 00:04:56,320 Speaker 1: or you go and buy yourself a new pair of shoes, 82 00:04:56,520 --> 00:04:59,160 Speaker 1: you actually have a limit as to how much you 83 00:04:59,160 --> 00:05:03,000 Speaker 1: can spend on yourself and that you really value what 84 00:05:03,200 --> 00:05:06,440 Speaker 1: you are actually doing because it fits within your budget 85 00:05:06,520 --> 00:05:09,719 Speaker 1: safely and it's not ever jeopardizing your own cash flow 86 00:05:09,880 --> 00:05:14,440 Speaker 1: and financial health. This also goes for going to the supermarket. Recently, 87 00:05:14,480 --> 00:05:17,320 Speaker 1: I've had a few conversations with people who say that 88 00:05:17,360 --> 00:05:20,320 Speaker 1: they actually headed to the supermarket without a shopping list 89 00:05:20,480 --> 00:05:23,000 Speaker 1: and without a budget as a spending limit as to 90 00:05:23,040 --> 00:05:26,240 Speaker 1: how much they can spend or plan to spend. Can 91 00:05:26,279 --> 00:05:29,719 Speaker 1: I strongly recommend you create a spending plan even with 92 00:05:29,839 --> 00:05:32,440 Speaker 1: your groceries, whether it be two hundred and fifty dollars 93 00:05:32,480 --> 00:05:34,839 Speaker 1: per week, three hundred dollars a week, or five hundred 94 00:05:34,880 --> 00:05:37,880 Speaker 1: dollars a week. When you do shop, shop with a plan, 95 00:05:38,240 --> 00:05:40,760 Speaker 1: shop with a limit, and make sure you're buying the 96 00:05:40,800 --> 00:05:44,120 Speaker 1: things that you love, values and appreciate. So essentially, at 97 00:05:44,160 --> 00:05:46,080 Speaker 1: the end of the day, what I'm recommending you do 98 00:05:46,600 --> 00:05:49,480 Speaker 1: is do a budget, and within those budgets you give 99 00:05:49,520 --> 00:05:53,839 Speaker 1: yourself spending limits. And even better, within your budget, you 100 00:05:53,880 --> 00:05:57,560 Speaker 1: can actually put in a special savings plan or even 101 00:05:57,560 --> 00:05:59,960 Speaker 1: investing plan. Try and set it up so it's automat 102 00:06:00,320 --> 00:06:02,520 Speaker 1: and try and set it up so that it actually 103 00:06:02,520 --> 00:06:06,160 Speaker 1: comes out the moment you get paid. So, for example, 104 00:06:06,200 --> 00:06:07,840 Speaker 1: if you get paid on the first of every month, 105 00:06:07,960 --> 00:06:10,159 Speaker 1: make sure that say two hundred dollars per month or 106 00:06:10,160 --> 00:06:12,640 Speaker 1: three hundred dollars per month or fortnite or whatever way 107 00:06:12,640 --> 00:06:16,479 Speaker 1: you get paid automatically comes out and that money goes 108 00:06:16,480 --> 00:06:20,360 Speaker 1: into a separate savings account or your investment portfolio or 109 00:06:20,400 --> 00:06:23,280 Speaker 1: super depending on what is appropriate for you. That way, 110 00:06:23,360 --> 00:06:26,280 Speaker 1: you are taking the money out before you can spend it, 111 00:06:26,320 --> 00:06:29,240 Speaker 1: and because it's in your budget, you're in control at 112 00:06:29,279 --> 00:06:34,320 Speaker 1: all times. So let's stop that habit of spending without 113 00:06:34,480 --> 00:06:39,760 Speaker 1: a plan. Habit number two mindless small purchases. I was 114 00:06:39,800 --> 00:06:42,640 Speaker 1: going to say the you know, classic example is the 115 00:06:42,680 --> 00:06:45,320 Speaker 1: five dollar coffee, but thanks to the rising cost of living, 116 00:06:45,440 --> 00:06:47,760 Speaker 1: it's not really a five dollars a coffee anymore. Actually, 117 00:06:47,760 --> 00:06:49,640 Speaker 1: I can't even remember when I spent five dollars on 118 00:06:49,680 --> 00:06:52,680 Speaker 1: a coffee. They're more likely six dollars, six dollars fifty, 119 00:06:52,800 --> 00:06:55,280 Speaker 1: or someone even told me they spent eight dollars fifty 120 00:06:55,279 --> 00:06:58,440 Speaker 1: on a coffee the other day. It is these unconscious 121 00:06:58,480 --> 00:07:03,080 Speaker 1: decisions that carry the problem, as the saying goes, small 122 00:07:03,279 --> 00:07:08,279 Speaker 1: leaks sink big ships. It's uber eats. Here one quick 123 00:07:08,320 --> 00:07:12,640 Speaker 1: online shop there, just buying a simple top, twenty nine dollars, 124 00:07:12,680 --> 00:07:14,720 Speaker 1: just buying you know, some new sneakers that you need, 125 00:07:14,720 --> 00:07:17,280 Speaker 1: one hundred and twenty dollars there, and then it might 126 00:07:17,320 --> 00:07:20,200 Speaker 1: be just something really simple like grabbing a croissant, which 127 00:07:20,240 --> 00:07:22,840 Speaker 1: is one of my vices, or a muffin, or a 128 00:07:22,920 --> 00:07:27,280 Speaker 1: quick smoothie, a cyebawl. These little purchases fifteen dollars there, 129 00:07:27,320 --> 00:07:30,440 Speaker 1: seven dollars there, twenty nine dollars their fifty nine dollars there. 130 00:07:30,480 --> 00:07:33,320 Speaker 1: You better believe they really do add up, and they 131 00:07:33,400 --> 00:07:36,760 Speaker 1: add up quickly. Now, there is nothing wrong with these 132 00:07:36,800 --> 00:07:40,600 Speaker 1: purchases when they're done in moderation and they're of a course, 133 00:07:40,680 --> 00:07:44,000 Speaker 1: part of your spending plan and within your budget. I 134 00:07:44,080 --> 00:07:45,520 Speaker 1: want you to spend money, and I want you, of 135 00:07:45,560 --> 00:07:48,080 Speaker 1: course to support the small businesses around you when you 136 00:07:48,120 --> 00:07:50,679 Speaker 1: do these sorts of things. But we need to remember, 137 00:07:51,000 --> 00:07:54,360 Speaker 1: too much of one thing or the same thing is 138 00:07:54,480 --> 00:07:57,480 Speaker 1: never good. If we're getting a takeaway smoothie every day, 139 00:07:57,480 --> 00:08:00,240 Speaker 1: do we really value that smoothie like we will if 140 00:08:00,280 --> 00:08:03,200 Speaker 1: we got it, say once a week or once a fortnight. No, 141 00:08:03,720 --> 00:08:07,160 Speaker 1: And this is why that mindlessness becomes toxic, and it's 142 00:08:07,200 --> 00:08:09,560 Speaker 1: not only toxic to our finances, but it's toxic to 143 00:08:09,840 --> 00:08:13,040 Speaker 1: a sense of gratitude and appreciation. So what do I 144 00:08:13,080 --> 00:08:16,840 Speaker 1: recommend to do to help change this habit? Well, I 145 00:08:16,880 --> 00:08:18,680 Speaker 1: would love to recommend that you do maybe a bit 146 00:08:18,680 --> 00:08:22,680 Speaker 1: of a spending freeze, maybe for one week every month 147 00:08:22,840 --> 00:08:25,040 Speaker 1: you try and break this cycle or create a new 148 00:08:25,080 --> 00:08:27,960 Speaker 1: sense of awareness. Or perhaps you go and pay for 149 00:08:28,080 --> 00:08:31,240 Speaker 1: these things in physical cash rather than just tapping and 150 00:08:31,280 --> 00:08:34,520 Speaker 1: waving your phone or your card or your Apple watch 151 00:08:34,840 --> 00:08:37,480 Speaker 1: or Another great option is is you try and write down, 152 00:08:37,679 --> 00:08:40,559 Speaker 1: maybe in a journal or even in your phone, every 153 00:08:40,600 --> 00:08:43,080 Speaker 1: time you do this so you can see, Okay, I 154 00:08:43,120 --> 00:08:46,319 Speaker 1: bought a fifteen dollar sandwich yesterday, I bought a twelve 155 00:08:46,400 --> 00:08:49,800 Speaker 1: dollars smoothie today. The day before that, I bought an 156 00:08:49,800 --> 00:08:53,240 Speaker 1: Asiah bowl for twenty two dollars. When you actually write 157 00:08:53,240 --> 00:08:56,000 Speaker 1: down what exactly it was, the date, and how much, 158 00:08:56,160 --> 00:08:59,959 Speaker 1: it's really confronting. I actually did this for an extent 159 00:09:00,200 --> 00:09:03,600 Speaker 1: period of time with fashion and my wardrobe, and it 160 00:09:03,800 --> 00:09:07,480 Speaker 1: really did make me aware of actually how much money 161 00:09:07,520 --> 00:09:10,440 Speaker 1: I spend and how much mindless spending can go on 162 00:09:10,800 --> 00:09:13,800 Speaker 1: if I'm not switched on. I found it helped really 163 00:09:13,840 --> 00:09:16,160 Speaker 1: slow down my consumptions because I think we can all 164 00:09:16,280 --> 00:09:20,480 Speaker 1: very conveniently forget about what we purchased last week, the 165 00:09:20,520 --> 00:09:22,880 Speaker 1: week before, or the month before. But when we have 166 00:09:23,280 --> 00:09:26,280 Speaker 1: something that is actually documented, we have evidence in black 167 00:09:26,280 --> 00:09:28,640 Speaker 1: and white, it really does put us back in the 168 00:09:28,760 --> 00:09:31,440 Speaker 1: driving seat where we realized, you know what, I'm actually okay, 169 00:09:31,760 --> 00:09:33,960 Speaker 1: I only spent a whole pile of money last month, 170 00:09:34,040 --> 00:09:37,040 Speaker 1: last week, last fortnight. I can actually just hold off 171 00:09:37,040 --> 00:09:38,480 Speaker 1: for a week or two and I'm going to be 172 00:09:38,840 --> 00:09:42,520 Speaker 1: just fine because I've already splurged and indulged recently. This 173 00:09:42,559 --> 00:09:46,720 Speaker 1: is really important that we have this awareness, particularly as 174 00:09:46,840 --> 00:09:50,680 Speaker 1: everything is so expensive these days, so you really might 175 00:09:50,720 --> 00:09:54,679 Speaker 1: want to consider not just having some spending boundaries, but 176 00:09:54,880 --> 00:09:58,320 Speaker 1: actually really paying attention to when you do spend money 177 00:09:58,400 --> 00:10:00,920 Speaker 1: so that you can actually feel a sen of gratitude. 178 00:10:00,960 --> 00:10:03,280 Speaker 1: It fills your cup, It gives you that sense of 179 00:10:03,320 --> 00:10:07,320 Speaker 1: adequate sufficiency, and you don't feel that desire to go 180 00:10:07,360 --> 00:10:11,040 Speaker 1: and buy another coffee, another croissant today, another smoothie, another 181 00:10:11,120 --> 00:10:13,800 Speaker 1: T shirt, another jumper, or another pair of sneakers, because 182 00:10:13,880 --> 00:10:16,920 Speaker 1: you have that beautiful, as I said, adequate sufficiency, and 183 00:10:17,000 --> 00:10:19,560 Speaker 1: when you do buy something, you actually feel really good. 184 00:10:19,720 --> 00:10:23,840 Speaker 1: Start making those purchases more mindful purchases and make them 185 00:10:23,960 --> 00:10:27,000 Speaker 1: special and meaningful for you so that they fill your cup. 186 00:10:27,160 --> 00:10:31,720 Speaker 1: Habit number three ignoring your financial numbers. Now this probably 187 00:10:31,760 --> 00:10:34,280 Speaker 1: sounds a bit boring coming from a financial planner, but 188 00:10:34,480 --> 00:10:36,160 Speaker 1: this is really important. And if I think back in 189 00:10:36,200 --> 00:10:38,160 Speaker 1: my twenties, I think this is somewhere where I actually 190 00:10:38,200 --> 00:10:40,120 Speaker 1: did go wrong a little bit. So let me share 191 00:10:40,120 --> 00:10:42,720 Speaker 1: with you my mistake so it doesn't become yours, especially 192 00:10:42,760 --> 00:10:46,240 Speaker 1: around habits. Now, if you don't know your net worth, 193 00:10:46,920 --> 00:10:51,360 Speaker 1: your liabilities, that is your financial responsibilities, your income as 194 00:10:51,400 --> 00:10:55,040 Speaker 1: in your net income, your cash flow, your living expenses, 195 00:10:55,800 --> 00:10:58,360 Speaker 1: maybe your credit card debts and the interest rates being 196 00:10:58,440 --> 00:11:00,760 Speaker 1: charged on your credit card. And of course if you 197 00:11:00,800 --> 00:11:02,839 Speaker 1: have a home loan on interest rate, you're being charged 198 00:11:02,880 --> 00:11:04,960 Speaker 1: on your home loan. How much money you've got in 199 00:11:04,960 --> 00:11:09,480 Speaker 1: your superannuation where your superannuation money is actually invested, You are, 200 00:11:09,840 --> 00:11:15,080 Speaker 1: my friend, flying blind. Financial avoidance is a form of 201 00:11:15,200 --> 00:11:19,920 Speaker 1: financial self sabotage. If you are really serious about building 202 00:11:19,920 --> 00:11:22,320 Speaker 1: wealth and you want to do this for yourself, you're 203 00:11:22,320 --> 00:11:25,480 Speaker 1: going to have to get intimate with your own numbers. 204 00:11:25,760 --> 00:11:28,760 Speaker 1: Stop buring your head in the sand. I beg you, 205 00:11:29,000 --> 00:11:32,560 Speaker 1: this is your time to do things differently, step up 206 00:11:32,720 --> 00:11:36,720 Speaker 1: and take control. So what I recommend you do for 207 00:11:36,800 --> 00:11:40,760 Speaker 1: your new habit is having a monthly or even better 208 00:11:40,880 --> 00:11:44,760 Speaker 1: a weekly money date with yourself. Poise off a glass 209 00:11:44,760 --> 00:11:47,640 Speaker 1: of wine or maybe just a cup of tea and 210 00:11:48,040 --> 00:11:52,319 Speaker 1: look at these numbers. Look at the transactions on your 211 00:11:52,360 --> 00:11:56,080 Speaker 1: savings accounts and your credit cards. Check exactly how much 212 00:11:56,120 --> 00:11:59,079 Speaker 1: you owe on your credit cards. Check exactly how much 213 00:11:59,120 --> 00:12:02,480 Speaker 1: you owe, for example, on your mortgage or your investment loans, 214 00:12:02,559 --> 00:12:05,360 Speaker 1: and the interest rates that you are being charged. Check 215 00:12:05,480 --> 00:12:10,000 Speaker 1: your superannuation account balances, and more importantly, check how much 216 00:12:10,120 --> 00:12:14,160 Speaker 1: income that is your investment returns those superannuation investments have 217 00:12:14,240 --> 00:12:17,439 Speaker 1: actually paid you or put back into your superannuation account 218 00:12:17,440 --> 00:12:20,800 Speaker 1: to grow. Check all the debts, all the savings accounts, 219 00:12:20,960 --> 00:12:23,880 Speaker 1: all the investments, any passive income that you've already established 220 00:12:23,880 --> 00:12:26,360 Speaker 1: and built for yourself. You've got to do this on 221 00:12:26,440 --> 00:12:30,200 Speaker 1: a regular basis. Trust me on this. The moment you've 222 00:12:30,240 --> 00:12:33,240 Speaker 1: actually done this, you will have a huge sense of 223 00:12:33,320 --> 00:12:37,200 Speaker 1: relief and clarity, and I highly suspect that next time 224 00:12:37,240 --> 00:12:39,680 Speaker 1: you will actually look forward to doing this because you 225 00:12:39,679 --> 00:12:42,560 Speaker 1: will actually start to see the progress that happens when 226 00:12:42,559 --> 00:12:45,720 Speaker 1: you check in on a regular basis, and you'll actually 227 00:12:45,760 --> 00:12:48,920 Speaker 1: realize that the money habits, when they're changed from toxic 228 00:12:49,040 --> 00:12:51,960 Speaker 1: to productive, can really serve you in adding so much 229 00:12:51,960 --> 00:12:56,040 Speaker 1: more efficiency on your wealth creation journey. Furthermore, when you 230 00:12:56,120 --> 00:12:58,760 Speaker 1: do check your numbers, you check those transactions, you're forced 231 00:12:58,760 --> 00:13:00,439 Speaker 1: to go back and look at you know where you 232 00:13:00,520 --> 00:13:03,240 Speaker 1: went wrong or where you actually had some great movements 233 00:13:03,360 --> 00:13:06,280 Speaker 1: or progress. You'll really find that you start to cut 234 00:13:06,360 --> 00:13:09,440 Speaker 1: down on that mindless wastage and realize how much you 235 00:13:09,520 --> 00:13:13,120 Speaker 1: really do respect and want to uphold the boundaries, the 236 00:13:13,120 --> 00:13:16,680 Speaker 1: healthy boundaries that come from a budget. Also, I should 237 00:13:16,720 --> 00:13:19,720 Speaker 1: say this, the more often you do this, the quicker 238 00:13:19,760 --> 00:13:22,680 Speaker 1: and easier it becomes, and the better you are at 239 00:13:22,840 --> 00:13:26,240 Speaker 1: identifying what's working and what's not. And when you can 240 00:13:26,240 --> 00:13:28,800 Speaker 1: actually see what's working because you're looking at your numbers, 241 00:13:29,000 --> 00:13:32,440 Speaker 1: you could actually hone in on that and actually amplify 242 00:13:32,480 --> 00:13:35,120 Speaker 1: that so that you can actually make bigger, better, faster 243 00:13:35,320 --> 00:13:39,560 Speaker 1: progress in your life. This is really important, and in fact, 244 00:13:39,679 --> 00:13:43,200 Speaker 1: it's something I would recommend almost a non negotiable have 245 00:13:43,280 --> 00:13:48,520 Speaker 1: at number four. Living to impress others, keeping up appearances 246 00:13:48,840 --> 00:13:50,920 Speaker 1: is going to keep you broken. It's the whole keeping 247 00:13:51,000 --> 00:13:53,880 Speaker 1: up with the Joneses mentality, whether it's trying to buy 248 00:13:54,080 --> 00:13:57,160 Speaker 1: designer labels or wasting money on designer labels, you know, 249 00:13:57,200 --> 00:14:00,480 Speaker 1: a luxury car, lease, a rental in a post code 250 00:14:00,480 --> 00:14:05,000 Speaker 1: that you really can't afford, or spending to look successful 251 00:14:05,360 --> 00:14:10,720 Speaker 1: is the fastest way to sabotage your wealth and mental health. Now, 252 00:14:10,840 --> 00:14:12,719 Speaker 1: I'm not telling you that you can't go and buy 253 00:14:12,800 --> 00:14:15,120 Speaker 1: design clothes, or live in an area that you want 254 00:14:15,160 --> 00:14:18,520 Speaker 1: to live, or you know, go on those fabulous holidays 255 00:14:18,679 --> 00:14:21,440 Speaker 1: or buy the car of your dreams. I'm talking about 256 00:14:21,520 --> 00:14:24,720 Speaker 1: when we buy things not for us, not to fill 257 00:14:24,800 --> 00:14:27,600 Speaker 1: our cup, but to impress others, or to feel like 258 00:14:27,640 --> 00:14:29,880 Speaker 1: we're part of a club, or we have that financial 259 00:14:29,880 --> 00:14:31,960 Speaker 1: flex and we're just as good as others. That is 260 00:14:32,040 --> 00:14:35,880 Speaker 1: just a bottomless pit of unhappiness. It will rob you 261 00:14:36,120 --> 00:14:39,680 Speaker 1: of your joy. So as confronting as it may be, 262 00:14:39,960 --> 00:14:42,240 Speaker 1: and I think we're all guilty of a bit of this, 263 00:14:42,400 --> 00:14:44,960 Speaker 1: including myself. I'm not immune from this at all. So 264 00:14:45,280 --> 00:14:48,200 Speaker 1: I suggest that we all, and even myself as well, 265 00:14:48,440 --> 00:14:53,600 Speaker 1: start measuring our success by our own sense of financial independence. 266 00:14:54,680 --> 00:14:58,960 Speaker 1: What financial independence means we should create our own definition, 267 00:14:59,160 --> 00:15:04,880 Speaker 1: our own special, perfect, our own special personal, priceless and 268 00:15:05,080 --> 00:15:09,600 Speaker 1: meaningful definition of financial independence. Looking at your passive income 269 00:15:09,760 --> 00:15:12,200 Speaker 1: or how much passive income you want to build, how 270 00:15:12,280 --> 00:15:14,880 Speaker 1: much passive income you have built so far, how much 271 00:15:14,920 --> 00:15:17,600 Speaker 1: you want to have in superannuation, how much you want 272 00:15:17,640 --> 00:15:20,760 Speaker 1: to have put away in investing, how much money you 273 00:15:20,960 --> 00:15:25,080 Speaker 1: like to have in emergency money, how responsible you are 274 00:15:25,200 --> 00:15:29,320 Speaker 1: with your cash flow, with your debt management. Even when 275 00:15:29,400 --> 00:15:31,400 Speaker 1: it comes to how much money you want to spend 276 00:15:31,480 --> 00:15:36,560 Speaker 1: on travel, experiences and adventures. Stop defining your success, your 277 00:15:36,600 --> 00:15:40,320 Speaker 1: financial success, or how you're portraying yourself with the stuff 278 00:15:40,400 --> 00:15:44,920 Speaker 1: that you have purchased to impress others. Bring it in, internalize, 279 00:15:45,280 --> 00:15:48,320 Speaker 1: go deep. As I said, measure your own success by 280 00:15:48,400 --> 00:15:52,120 Speaker 1: your own definition of financial independence and work on it 281 00:15:52,400 --> 00:15:56,160 Speaker 1: every single day. You will absolutely love the clarity that 282 00:15:56,200 --> 00:15:59,800 Speaker 1: this gives you, the sense, the prospective and insight you gain, 283 00:16:00,160 --> 00:16:03,160 Speaker 1: and how when we actually spend money not just on stuff, 284 00:16:03,320 --> 00:16:07,720 Speaker 1: but on adventures, experiences, travel, even giving back to charity 285 00:16:08,240 --> 00:16:12,280 Speaker 1: actually makes us feel financially wealthy. Not the clothes on 286 00:16:12,320 --> 00:16:15,160 Speaker 1: the back or the car that we choose to sit in, 287 00:16:15,800 --> 00:16:18,800 Speaker 1: or the restaurants that we choose to dine in have 288 00:16:18,920 --> 00:16:26,680 Speaker 1: at number five, not investing savings is essential. Savings is great. 289 00:16:27,280 --> 00:16:29,720 Speaker 1: It is a fantastic habit to have. I will always 290 00:16:29,760 --> 00:16:32,800 Speaker 1: recommend that someone has a savings plan in place, even 291 00:16:32,840 --> 00:16:35,400 Speaker 1: if you're really focused on investing. But if you're just 292 00:16:35,480 --> 00:16:39,800 Speaker 1: doing savings alone, this is simply not enough. It's not 293 00:16:39,840 --> 00:16:41,680 Speaker 1: going to get you to where you need to be. 294 00:16:41,880 --> 00:16:44,480 Speaker 1: I can't stress this enough. The problem is is inflation. 295 00:16:44,640 --> 00:16:48,120 Speaker 1: Inflation eats away at our savings. And I used to 296 00:16:48,160 --> 00:16:50,920 Speaker 1: say over the long run, but actually inflation is eating 297 00:16:50,920 --> 00:16:54,080 Speaker 1: into our savings in the short term right now. Investing 298 00:16:54,560 --> 00:16:57,760 Speaker 1: is how you get your money to start working for you. 299 00:16:58,080 --> 00:17:00,680 Speaker 1: The sooner you start, the better. And if you are 300 00:17:00,800 --> 00:17:04,639 Speaker 1: waiting until you earn more or you know more you 301 00:17:04,640 --> 00:17:08,520 Speaker 1: feel more comfortable, you are already behind. And I say 302 00:17:08,560 --> 00:17:12,280 Speaker 1: this from a place of love and care. This excuse 303 00:17:12,480 --> 00:17:14,960 Speaker 1: that you keep telling yourself will stay with you as 304 00:17:14,960 --> 00:17:19,480 Speaker 1: you continue on wasting precious time. And I guarantee this, 305 00:17:19,600 --> 00:17:22,840 Speaker 1: you'll end up regretting not doing this for yourself or 306 00:17:22,880 --> 00:17:26,440 Speaker 1: getting started sooner. I've said this before another podcast. If 307 00:17:26,480 --> 00:17:28,320 Speaker 1: I had a dollar for every time a client said 308 00:17:28,359 --> 00:17:29,960 Speaker 1: to me, why didn't I do this? Years ago. Why 309 00:17:30,000 --> 00:17:31,960 Speaker 1: didn't I come and see you? You know, six seven 310 00:17:32,040 --> 00:17:34,960 Speaker 1: years ago, I would not be here today. I would 311 00:17:34,960 --> 00:17:37,959 Speaker 1: be literally sitting in Tahiti, traveling the world. It is 312 00:17:38,119 --> 00:17:40,640 Speaker 1: so important that you get started. No one ever regrets 313 00:17:40,720 --> 00:17:43,199 Speaker 1: starting their financial journey. What they do regret is not 314 00:17:43,280 --> 00:17:49,080 Speaker 1: doing it sooner. So please stop the excuses and get started. 315 00:17:49,400 --> 00:17:52,200 Speaker 1: Start with even like fifty dollars per week or per 316 00:17:52,280 --> 00:17:55,280 Speaker 1: month into an ETF for something like I love like 317 00:17:55,320 --> 00:17:59,639 Speaker 1: a listed investment company is a step forward to financial freedom. 318 00:17:59,840 --> 00:18:03,119 Speaker 1: And once you start, that is the most important and 319 00:18:03,200 --> 00:18:06,920 Speaker 1: hardest part. It's bigun ticked off because you can actually 320 00:18:06,960 --> 00:18:09,959 Speaker 1: build upon it each week or each month, even by 321 00:18:10,000 --> 00:18:13,840 Speaker 1: a few dollars. Imagine starting with say fifty dollars per month, 322 00:18:14,200 --> 00:18:16,200 Speaker 1: and then next month you look at making it sixty 323 00:18:16,240 --> 00:18:17,879 Speaker 1: dollars per month, and the following month you make it 324 00:18:17,920 --> 00:18:20,119 Speaker 1: look like seventy dollars per month. By the end of 325 00:18:20,119 --> 00:18:23,760 Speaker 1: the year, you'll be blown away by how much your 326 00:18:23,840 --> 00:18:27,200 Speaker 1: investments have actually grown. You've taken it from being say 327 00:18:27,280 --> 00:18:30,639 Speaker 1: a five hundred dollars investment portfolio to a fifteen hundred 328 00:18:30,680 --> 00:18:34,320 Speaker 1: dollar investment portfolio because you have created a healthy habit 329 00:18:34,400 --> 00:18:36,560 Speaker 1: where you are not only creating a healthy habit of 330 00:18:36,600 --> 00:18:39,760 Speaker 1: investing on a regular basis, You've stacked that habit. You've 331 00:18:39,840 --> 00:18:43,719 Speaker 1: turned it from a regular investment plan to regularly increasing 332 00:18:43,960 --> 00:18:48,000 Speaker 1: that investment plan, and you can watch your share portfolio 333 00:18:48,160 --> 00:18:51,200 Speaker 1: of ETFs or listed investment companies grow from a three 334 00:18:51,240 --> 00:18:55,480 Speaker 1: figure investment portfolio to a five figure investment portfolio within 335 00:18:55,760 --> 00:18:59,359 Speaker 1: twelve months even less. So now is the time to 336 00:18:59,480 --> 00:19:03,199 Speaker 1: kick start, but the birth of your new fire plan now. 337 00:19:03,200 --> 00:19:05,640 Speaker 1: If you want to learn more about fire, literally google 338 00:19:05,760 --> 00:19:09,160 Speaker 1: Sugar Mama Fire on this podcast channel and you'll listen 339 00:19:09,200 --> 00:19:11,760 Speaker 1: to so many episodes where I show you how to 340 00:19:11,800 --> 00:19:14,439 Speaker 1: get started, how to invest, how to invest in shares, 341 00:19:14,720 --> 00:19:16,520 Speaker 1: how to come up with your passive income goals, and 342 00:19:16,560 --> 00:19:19,520 Speaker 1: of course there's always mindful money if you're serious about 343 00:19:20,040 --> 00:19:23,159 Speaker 1: taking your financial future seriously and getting started. But please 344 00:19:23,359 --> 00:19:27,160 Speaker 1: don't just save your money. Build up an investment portfolio 345 00:19:27,160 --> 00:19:32,199 Speaker 1: through regularly investing and increasing that regular investment plan. That 346 00:19:32,400 --> 00:19:36,240 Speaker 1: is the most important financial habit, of course, behind spending 347 00:19:36,280 --> 00:19:42,400 Speaker 1: without a plan. Habit number six carrying bad debt all right, 348 00:19:42,520 --> 00:19:46,240 Speaker 1: credit card debt, after pay personal loans. I don't have 349 00:19:46,320 --> 00:19:49,240 Speaker 1: a major issue with these, but I have a major 350 00:19:49,320 --> 00:19:52,600 Speaker 1: issue with these when they're not used responsibly and to 351 00:19:52,680 --> 00:19:56,320 Speaker 1: your financial advantage. When they're not, they are simply wealth killers. 352 00:19:56,600 --> 00:20:00,480 Speaker 1: People tend to disrespect these and when this happened, they 353 00:20:00,480 --> 00:20:04,520 Speaker 1: become financial parasites. They complete you. They keep you stuck 354 00:20:04,600 --> 00:20:08,879 Speaker 1: in a cycle of high interest charges, sometimes high interest 355 00:20:09,160 --> 00:20:13,920 Speaker 1: charges and fees and low or even minimal progress. If 356 00:20:13,960 --> 00:20:17,520 Speaker 1: you are using a credit card to fund your lifestyle irresponsibly, 357 00:20:17,560 --> 00:20:19,560 Speaker 1: that is, not paying it off in full the end 358 00:20:19,600 --> 00:20:24,160 Speaker 1: of each month, it is time to reassess and take 359 00:20:24,280 --> 00:20:29,359 Speaker 1: a break or even a permanent break from this particular method. So, 360 00:20:29,800 --> 00:20:32,359 Speaker 1: if you are someone who is carrying bad debt and 361 00:20:32,359 --> 00:20:34,720 Speaker 1: they're sick of it and it's a habit that they 362 00:20:34,800 --> 00:20:37,440 Speaker 1: just cannot kick, can I recommend that you use my 363 00:20:37,600 --> 00:20:41,440 Speaker 1: hitless method to eliminate debt in a strategic manner. Now, 364 00:20:41,640 --> 00:20:44,679 Speaker 1: there is a podcast episode I have on this channel 365 00:20:44,720 --> 00:20:47,639 Speaker 1: called My Hitless Strategy, and it is essentially where you 366 00:20:47,680 --> 00:20:50,520 Speaker 1: go and list all your debts from the smallest debt 367 00:20:50,600 --> 00:20:53,000 Speaker 1: to the largest debt, regardless of the interest rate you're 368 00:20:53,040 --> 00:20:55,520 Speaker 1: being charged, And it is a method where you reduce 369 00:20:55,840 --> 00:20:59,199 Speaker 1: the number of different debts in your life rather than 370 00:20:59,240 --> 00:21:01,879 Speaker 1: just simply focus on the highest interest rate. Yes, you 371 00:21:02,080 --> 00:21:05,800 Speaker 1: may end up paying more in interest, but this will 372 00:21:05,840 --> 00:21:10,560 Speaker 1: add greater efficiency in seeing your overall debt reduction. I 373 00:21:10,640 --> 00:21:13,520 Speaker 1: have coached thousands of people out of debt, and this 374 00:21:13,680 --> 00:21:16,800 Speaker 1: is something that is really effective because you can actually 375 00:21:17,280 --> 00:21:20,679 Speaker 1: feel different about the way that you manage money, and 376 00:21:20,760 --> 00:21:23,280 Speaker 1: you get the number and different types of debts in 377 00:21:23,320 --> 00:21:25,080 Speaker 1: your life so that you can become more and more 378 00:21:25,119 --> 00:21:27,880 Speaker 1: efficient as you tick that list off. But promise me this, 379 00:21:28,119 --> 00:21:31,040 Speaker 1: as you start going through the gestation period of getting 380 00:21:31,040 --> 00:21:33,199 Speaker 1: out of debt, whether you use like a snowball or 381 00:21:33,200 --> 00:21:36,080 Speaker 1: an avalanche method or my hit list of strategy, promise 382 00:21:36,160 --> 00:21:38,920 Speaker 1: me you were going to learn the lesson, take the wisdom, 383 00:21:39,280 --> 00:21:44,080 Speaker 1: and going forward, you never use debt in an irresponsible, 384 00:21:44,160 --> 00:21:48,639 Speaker 1: disrespectful manner again, even if it means just giving credit cards, 385 00:21:48,640 --> 00:21:52,040 Speaker 1: personal loans, buy now, play later a wide berth. And 386 00:21:52,080 --> 00:21:54,240 Speaker 1: for the record, I don't have an issue with credit cards. 387 00:21:54,240 --> 00:21:56,080 Speaker 1: I don't have an issue with buy now, pay later 388 00:21:56,400 --> 00:21:59,920 Speaker 1: personal loans is when they used irresponsibly and they become 389 00:22:00,200 --> 00:22:03,760 Speaker 1: a toxic bad habit in your life. Habit number seven 390 00:22:03,880 --> 00:22:06,639 Speaker 1: not having any clear financial goals, when you have no 391 00:22:06,880 --> 00:22:11,320 Speaker 1: vision your money has no direction, It literally evaporates. So 392 00:22:11,760 --> 00:22:14,119 Speaker 1: what are you going to work towards? What do you 393 00:22:14,280 --> 00:22:16,960 Speaker 1: want to work towards. What are the goals or things 394 00:22:17,040 --> 00:22:19,560 Speaker 1: you'd like to achieve for yourself that would leave you 395 00:22:19,600 --> 00:22:22,000 Speaker 1: feeling proud at the end of the year when you 396 00:22:22,040 --> 00:22:24,600 Speaker 1: look back at your achievements. When you have a financial 397 00:22:24,600 --> 00:22:26,520 Speaker 1: goal in your life, it's a different shift, it's a 398 00:22:26,520 --> 00:22:29,439 Speaker 1: different energy, it's a different vibe. It gives you a 399 00:22:29,480 --> 00:22:32,320 Speaker 1: sense of purpose, clarity, and direction, and it allows us 400 00:22:32,320 --> 00:22:35,280 Speaker 1: see where your money actually goes and allows you to 401 00:22:35,320 --> 00:22:38,439 Speaker 1: see your money grow. So think about some goals that 402 00:22:38,440 --> 00:22:40,520 Speaker 1: you would like to achieve yourself. Perhaps you'd like to 403 00:22:40,560 --> 00:22:43,000 Speaker 1: save up a deposit for your home, or perhaps you 404 00:22:43,040 --> 00:22:45,680 Speaker 1: want to pay off your home, or maybe you want 405 00:22:45,720 --> 00:22:47,800 Speaker 1: to go on a holiday, or maybe you want to 406 00:22:47,840 --> 00:22:50,720 Speaker 1: start building passive income and have a share portfolio. Or 407 00:22:50,760 --> 00:22:53,560 Speaker 1: perhaps you want to start preparing for retirement and maybe 408 00:22:53,600 --> 00:22:56,440 Speaker 1: even have an earlier retirement or a more luxurious retirement. 409 00:22:56,760 --> 00:22:59,600 Speaker 1: Maybe you want to start earning passive income. You've got 410 00:22:59,640 --> 00:23:03,800 Speaker 1: to put these goals down and give them definition and detail. 411 00:23:04,160 --> 00:23:07,640 Speaker 1: They need numbers, they need a deadline, they need dates. 412 00:23:07,760 --> 00:23:10,199 Speaker 1: For example, I want to save ten thousand dollars for 413 00:23:10,200 --> 00:23:13,399 Speaker 1: emergency money by the fifteenth of December twenty twenty five. 414 00:23:13,520 --> 00:23:15,679 Speaker 1: I want to have made an extra five thousand dollars 415 00:23:15,680 --> 00:23:18,879 Speaker 1: extra payment on my mortgage by the twenty seventh of 416 00:23:18,880 --> 00:23:23,439 Speaker 1: November twenty twenty six. You need to get really clear, 417 00:23:23,600 --> 00:23:26,280 Speaker 1: crystal clear with the financial goal that you want to 418 00:23:26,320 --> 00:23:31,359 Speaker 1: achieve and buy when and if you have big financial goals, great, 419 00:23:31,480 --> 00:23:34,720 Speaker 1: I'm so excited for you. Means that you're motivated, you're inspired, 420 00:23:34,760 --> 00:23:37,199 Speaker 1: you're empowered. But what I recommend you do so that 421 00:23:37,240 --> 00:23:39,920 Speaker 1: you don't give up, you don't get distracted, you don't 422 00:23:39,960 --> 00:23:42,400 Speaker 1: feel overwhelmed. I want you to write that goal down, 423 00:23:42,440 --> 00:23:45,800 Speaker 1: but I also want you to break it into mini goals. 424 00:23:46,119 --> 00:23:48,160 Speaker 1: For example, say you have a goal to save fifty 425 00:23:48,200 --> 00:23:51,639 Speaker 1: thousand dollars deposit to buy a home, perhaps breaking it 426 00:23:51,680 --> 00:23:54,840 Speaker 1: down into say five hundred dollars first, and that five 427 00:23:54,920 --> 00:23:58,560 Speaker 1: hundred dollars savings is by the thirtieth of say August. 428 00:23:58,920 --> 00:24:01,160 Speaker 1: Break it down and the moment you've achieved that goal, 429 00:24:01,200 --> 00:24:03,560 Speaker 1: then go and set another goal and dare to stretch 430 00:24:03,600 --> 00:24:05,320 Speaker 1: that goal out a bit. So instead of making a 431 00:24:05,320 --> 00:24:07,199 Speaker 1: goal to say five hundred dollars make a goal to 432 00:24:07,240 --> 00:24:12,280 Speaker 1: save one thousand dollars, Challenge yourself, gamify your goals, make 433 00:24:12,359 --> 00:24:15,840 Speaker 1: it really fun, get excited, and really tap into the 434 00:24:15,880 --> 00:24:18,400 Speaker 1: why behind those goals so that it becomes a non 435 00:24:18,400 --> 00:24:21,840 Speaker 1: negotiable habit. You can't even imagine not having a financial 436 00:24:21,880 --> 00:24:24,200 Speaker 1: goal in your life because this is the healthy habit 437 00:24:24,200 --> 00:24:27,239 Speaker 1: that serves you. And of course, as you're watching your 438 00:24:27,280 --> 00:24:29,680 Speaker 1: savings grow or whatever goal that may, whether it be 439 00:24:29,720 --> 00:24:32,520 Speaker 1: saving up for a home, whether it be investing, whether 440 00:24:32,560 --> 00:24:34,639 Speaker 1: it be paying off debt, whether it be building up 441 00:24:34,640 --> 00:24:36,960 Speaker 1: emergency money or paying for that holiday, make sure you 442 00:24:37,040 --> 00:24:39,720 Speaker 1: go and track your progress, pay attention to it on 443 00:24:39,800 --> 00:24:42,720 Speaker 1: a weekly basis, and also tap in and ask yourself, 444 00:24:42,920 --> 00:24:45,000 Speaker 1: how do I feel seeing my savings account, how do 445 00:24:45,080 --> 00:24:47,720 Speaker 1: I feel about transferring an extra thousand dollars onto my 446 00:24:47,720 --> 00:24:50,320 Speaker 1: credit card debt or my buy now pay later? Pay attention, 447 00:24:50,480 --> 00:24:54,080 Speaker 1: tap into it, acknowledge it, because that is really important 448 00:24:54,080 --> 00:24:56,040 Speaker 1: to have that connection with how you're feeling as you 449 00:24:56,080 --> 00:24:58,200 Speaker 1: go through your financial journey, no matter what type of 450 00:24:58,280 --> 00:25:01,480 Speaker 1: goal you're working on, because this is where you realize 451 00:25:01,560 --> 00:25:04,359 Speaker 1: actually how proud you are, how much more confident you 452 00:25:04,400 --> 00:25:07,240 Speaker 1: are about your financial future, and you realize that all 453 00:25:07,240 --> 00:25:10,840 Speaker 1: that hard work that you are taking, even the sacrifices, 454 00:25:10,880 --> 00:25:13,439 Speaker 1: are definitely worth it, and you will love that feeling 455 00:25:13,680 --> 00:25:16,879 Speaker 1: of the initiative of standing up taking control, and that 456 00:25:16,920 --> 00:25:20,240 Speaker 1: will actually help further fuel your own sense of focus 457 00:25:20,359 --> 00:25:23,240 Speaker 1: and motivation so that you go not just from that goal, 458 00:25:23,320 --> 00:25:26,159 Speaker 1: but you go on to bigger, better, healthier goals and 459 00:25:26,200 --> 00:25:29,719 Speaker 1: you never look back. All Right, So there you habits, 460 00:25:29,720 --> 00:25:33,560 Speaker 1: seven habits that might be keeping you stuck and broke. 461 00:25:33,800 --> 00:25:36,840 Speaker 1: And of course, more importantly, because we're a solutions team here, 462 00:25:37,000 --> 00:25:40,359 Speaker 1: we don't wallow on the problems and play ever play victim. 463 00:25:40,520 --> 00:25:43,640 Speaker 1: We get on and fix it. We shift into solutions. 464 00:25:43,920 --> 00:25:46,720 Speaker 1: So you have these solutions. Now you know exactly how 465 00:25:46,760 --> 00:25:50,240 Speaker 1: to change these toxic parasites of habits in your life 466 00:25:50,280 --> 00:25:53,440 Speaker 1: that are keeping you broken, shot them into powerful, productive, 467 00:25:53,520 --> 00:25:55,640 Speaker 1: positive habits in your life that are going to help 468 00:25:55,680 --> 00:25:58,680 Speaker 1: you build wealth, help create a sense of financial harmony 469 00:25:58,680 --> 00:26:01,200 Speaker 1: in your life, and leave you feeling proud and empowered. 470 00:26:01,359 --> 00:26:04,359 Speaker 1: As I like to say, like awareness is just everything, 471 00:26:04,760 --> 00:26:09,159 Speaker 1: and you are perfectly capable of making change and making 472 00:26:09,280 --> 00:26:12,600 Speaker 1: change today, and you already have everything within yourself to 473 00:26:12,680 --> 00:26:16,159 Speaker 1: actually do this. And I really believe in you and 474 00:26:16,200 --> 00:26:19,440 Speaker 1: I really care about your financial future. So if you 475 00:26:19,640 --> 00:26:23,320 Speaker 1: recognize even one of these habits in your life, this 476 00:26:23,640 --> 00:26:27,159 Speaker 1: is your invitation right now from me to you to 477 00:26:27,240 --> 00:26:30,840 Speaker 1: do something about it. And of course I would absolutely 478 00:26:30,960 --> 00:26:32,480 Speaker 1: love it if you could send me a d on 479 00:26:32,520 --> 00:26:35,119 Speaker 1: Instagram and let me know what habit that is of 480 00:26:35,160 --> 00:26:38,120 Speaker 1: yours that you're going to shift after listening to today's episode. Now, 481 00:26:38,600 --> 00:26:41,480 Speaker 1: if you enjoyed this episode and of course any of 482 00:26:41,480 --> 00:26:44,000 Speaker 1: my other episodes, can I ask a huge favor? Can 483 00:26:44,040 --> 00:26:46,199 Speaker 1: you please go and share it with someone that you 484 00:26:46,320 --> 00:26:49,359 Speaker 1: care about, And if you haven't already, please make sure 485 00:26:49,480 --> 00:26:52,040 Speaker 1: you have hit follow that is your following this show 486 00:26:52,320 --> 00:26:54,960 Speaker 1: and leave a rating and review, and of course making 487 00:26:55,000 --> 00:26:57,760 Speaker 1: sure you're following me on Instagram at Sugar Mamma TV 488 00:26:58,040 --> 00:27:02,040 Speaker 1: and Canna Campbell Official. Now, as always, keep that financial 489 00:27:02,119 --> 00:27:04,879 Speaker 1: fire burning bright and I will check in with you 490 00:27:04,960 --> 00:27:08,040 Speaker 1: again on Friday four start here our new miniseries that 491 00:27:08,119 --> 00:27:10,520 Speaker 1: is here to stay, and of course every Monday morning 492 00:27:10,640 --> 00:27:14,600 Speaker 1: at five am on Sugar Mama's Fire until next time. 493 00:27:14,880 --> 00:27:23,160 Speaker 1: Charm me now