Rambling Mind

I don't care how much money you make, the day you stop tracking your expenses it's the day you become broke. The moment you start to believe I make so much money that I don't have to keep track of what I'm spending my money on is the beginning of your end (unless you're Jeff Bezos or something with more money than countries). Check out the ⁠⁠⁠⁠Rambling Mind Newsletter⁠⁠⁠⁠ Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

For some of us life looks good on the surface but we still feel horrible whenever we think about our finances. One of the reasons is that there are things that we have hidden from our sight but are still weighing on us every day. Let's talk about it Check out the ⁠⁠⁠Rambling Mind Newsletter⁠⁠⁠ Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Quote: I don't trust myself. I have evidence. Idea 1: My Laziness is Why I am Productive. Idea 2: To Say NO, You must Have a DEEP YES. Check out the ⁠⁠Rambling Mind Newsletter⁠⁠ Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Rules feel restrictive until you realize they provide the most freedom. in this episode, I explain why you should have rules around your money and various aspects of your life. Check out the ⁠Rambling Mind Newsletter⁠ Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Q4 GDP was released on Thursday, it was 3.3%. Far higher than the 2% economists expected. However, the great number hides a bigger problem with the American people. In this episode, we dive into the underlying numbers enabling the US Economy to keep growing but costing individuals their freedom. Check out the Rambling Mind Newsletter Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

We are never told about the secondary costs of home ownership. It is a hidden cost that affects everything Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

I have come to the realization that the number 1 reason that 90% of us suck at handling money is because we suck at the skill of spending money. Let me Explain Find me on more platforms: ⁠⁠⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

With Mint shut down last year, thanks Intuit

An Important question we need to ask ourselves as we go through the year 2024 Find me on more platforms: ⁠⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Derek Thompson said, "Money is a vaccine against misery not a drug for happiness." The Wall Street Journal recently released research on how much money people say they need to be happy. It was interesting to see the general breakdown shown based on their current income and their needed income. Almost to a T, every single person "needed" a 50% income raise, no matter their income level. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Might just be what you choose not to do Find me on more platforms: ⁠⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

I released this post around July for a Mid-Year Review but I think everything on the list is the same items to be looked over for an End of Year Financial Review. Especially as we get some free time during the Holiday Season. You will not get through everything but at least there are items you can knock out quickly during your time off. Find me on more platforms: ⁠⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠⁠ If you have questions email me at ⁠⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

With Thanksgiving being this week, I think it is the perfect time to reflect on all that 2023 has had to offer to each of us. Think about what we are grateful for and what we are grieving. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

3 incomplete ideas: My Life Goal based on Ecclesiastes 5:18-20 How to get out of credit card debt The most beautiful time of year Find me on more platforms: ⁠⁠⁠beacons.ai/kelechiwuaba⁠⁠⁠ If you have questions email me at ⁠⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Say it to yourself before you compare yourself to anyone else Find me on more platforms: ⁠⁠beacons.ai/kelechiwuaba⁠⁠ If you have questions email me at ⁠⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

Over the last 3 years, US citizens under 35 years of old have grown their net worth by over 143% (2.5x). However, every survey of these cohort shows they are more miserable than ever before. So the question is WHY? Check out the blog post by Ben Carlson: "Americans Have Never Been Wealthier & No One is Happy. Find me on more platforms: ⁠beacons.ai/kelechiwuaba⁠ If you have questions email me at ⁠kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

When you can play both offense and defense with your money, you create greatness. Start Here to Understand Your Personal Finances: Basics of Money How to Invest & Pay Off Debt Find me on more platforms: beacons.ai/kelechiwuabaIf you have questions email me at kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

As much as we want to believe we have complete agency over everything we do. WE DO NOT! Our environment plays a massive role in how we live our lives. The question is What are we feeding on? Find me on more platforms: beacons.ai/kelechiwuabaIf you have questions email me at kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

The Dunning–Kruger effect is a cognitive bias in which people with limited competence in a particular domain overestimate their abilities. We focus on the Mount Stupid part of the effect and not nearly enough on the Valley of Despair where most people are stuck. Find me on more platforms: beacons.ai/kelechiwuabaIf you have questions email me at kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message

I spent much of my Friday morning staring at my computer trying to develop a complete idea to share on the podcast. Unfortunately, nothing worked. I made and scrapped about 9 Podcast recordings because the words were not coming out right. So rather than post nothing this week, I decided to try something different. Hope you find this useful Idea 1: Make The Big Change Idea 2: How to Invest Quick hit Idea 3: Don't Buy Fancy Stuff Find me on more platforms: beacons.ai/kelechiwuabaIf you have questions email me at kelechi@ramblingmindshow.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/ramblingmind/message