A Poor Mindset Blocks Your Millionaire Path | Dr. Brad Klontz

Dr. Brad Klontz shares the difference between a poor mindset and a rich mindset. We discuss how changing your mindset can radically alter your family's path to generational wealth. Start Thinking Rich by Dr. Brad Klontz (book): https://amzn.to/4jAhcZN (affiliate)

NOTE: If you buy Brad's book with my link above, I get a small commission.

CHAPTERS

00:00 - Intro - Dr. Brad Klontz
01:29 - What is a poor mindset?
03:25 - Past personal struggles with poor thinking
06:30 - Background and drive were instrumental in a better life
09:08 - Steps taken to go from poor mindset to wealthy mindset
11:50 - Process of growing assets
14:00 - Be a millionaire vs. spending $1 million
16:00 - Take advantage of the stock market
18:00 - Employees and automation
20:25 - Entrepreneurship
24:16 - Generational wealth
28:40 - Takeaway

#PoorMindset #RichMindset #GenerationalWealth #FamilyFinance #personalfinance

GUEST BIO - Dr. Brad Klontz

Dr. Brad Klontz, Psy.D., CFP®, is a renowned financial psychologist and Managing Principal at Your Mental Wealth Advisors. He serves as an Associate Professor of Practice at Creighton University's Heider College of Business and is a Fellow of the American Psychological Association. Dr. Klontz has co-authored several influential books on financial psychology, including "Money Mammoth," "Mind Over Money," and "Start Thinking Rich." His work has been featured in prominent media outlets such as ABC News' 20/20, Good Morning America, USA Today, The Wall Street Journal, and The New York Times. In addition to his academic and writing endeavors, Dr. Klontz co-founded the Financial Psychology Institute and has served as President of the Hawaii Psychological Association.

OTHER VIDEOS TO WATCH

JL Collins Explains FU Money vs. FI Money
https://youtu.be/sQMYlVGp-Ic

Paul Merriman: Millionaire Index Fund Investing Portfolios
https://youtu.be/xLzcLM5YdGc

Jeremy Schneider: How to Become a Millionaire with Index Funds
https://youtu.be/yQevl6welI0?si=NQfLoLL1kci3Uahj

MARRIAGE KIDS AND MONEY:

This award-winning YouTube channel is dedicated to helping families build wealth and thrive. Each week, Andy Hill shares actionable advice and tips for family financial independence. Also, he interviews personal finance experts, families who've achieved financial independence and work optional parents to inspire you to do the same.

BIO - ANDY HILL:

Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.

Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of downloads and views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.

When he's not "talking money", Andy enjoys being a Soccer Dad, singing karaoke with his wife and relaxing in his hammock.

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CREDITS

Research & Writing: Andy Hill
Video Editing: Hinz Video
Thumbnail: Ardi, The Thumbnail Wiz
Channel Management: Nev Maraj

Видео A Poor Mindset Blocks Your Millionaire Path | Dr. Brad Klontz канала Marriage Kids and Money
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