045. Follow THIS and You Will Not Need A BUDGET / Money Matters
Wealth Labs with Garrett Gunderson
English - March 04, 2020 05:00 - 14 minutes - 12.8 MB - ★★★★★ - 73 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
When you think about your monthly expenses, do you get a pit in your stomach? We've been trained and educated to believe that if we eliminate there will be more for us. There are different types of expenses, so the question is, do you know which ones to decrease, manage, address or increase?
Today, Tim and I give you a bit of relief and let you in on a little secret... not all expenses are bad! On this Money Matters segment we will reveal the 4 types of expenses so they no longer have to rule you or take away your joy.
Time Stamps:
1:38 - What are Destructive Expenses?
3:03 - What are Lifestyle Expenses?
5:43 - What are Protective Expenses?
7:09 - The Holy Grail of Expenses - What are Productive Expenses?
10:35 - Understanding Value Based Spending
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Check Out Garrett's Books:
Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefeller's Do - https://wealthfactory.com/rockefeller-book/letter/
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Website: https://wealthfactory.com/