Wealth Series 2.0 - Episode 5 - Save Like Crazy

37m ·

Wealth Series 2.0 - Episode 5 - Save Like Crazy

The Win Make Give “Wealth Series 2.0” is designed to be sequential, meaning it builds over each lesson. This lesson takes you back to the financial reality check, where we visited our expenses and designated them as required and optional. Now, we’ll look to figure out what we can eliminate from our expenses so that we can save more!


Highlighter Exercise: This is step two of the highlighter exercise, where we add colors green, yellow, and red. Make sure you commit to doing this every month. (Instructions are on the next page.)


Saving Models: Saving money is a lot like losing weight. If you pick a diet and stick to it, most of the time, it will work. It’s the same with saving money. We propose two lifestyle changes for your financial health: the 50/25/25 and the 80/10/10 models. They both work great, but if the math doesn’t add up for you then come up with your own – even if it's a 95/5 or a 99/1. Just do the math, find a model that works, and stick to it.


Lastly, we need to implement some saving strategies and make some sacrifices. Try to make this a challenging competition, but don’t forget to have fun. The goal is to create some new habits but not eliminate living a good life. Reward yourself from time to time. You will need to complete the exercises in Part Two to get the most out of this session. Please gather all your bank statements, credit card statements, and cash receipts. Grab a few highlighters and enjoy Part Five of the Wealth Series.


Share your thoughts on this episode in our Facebook gropu at www.faceboook.com/groups/winamkegive


Part of the Win Make Give Podcast Network

Read more

Login to see and leave a comments

  • Markus

    I very much appreciate the podcast representation 🎉


    Albert Einstein said, 'If you can't explain it simply enough, you haven't understood it well enough'.Dr Andrew brings such simplicity to explaining the workings of the brain. It's actually a hacker's guide into our own brain. You are doing great service to humanity Dr Andrew.

    8 months ago·1 like·
  • Mario

    Packed with purpose! These short bites of knowledge and wonder will give you inspiration to stay on your mission, build consistency, and serve others with all your heart!


    This one really hits home

    8 months ago·7 likes·
  • Kimberly

    The part where he mentions that he wants to be adopted by a more functional family even at 45 yrs really hits home. Really delineates how no matter how old and independent you are, you still need love and support.


    10:30 --> 20:00 amazing bit

    8 months ago·4 likes·

    This podcast and the sub has made the show better

    8 months ago·9 likes·

    Daily listen podcast this is <3

    8 months ago·1 like·

Podcast hosts