5 Money Denials Keeping You Broke HD

In today’s video I want to talk about your denial when it comes to your personal finances and the things that keep you from building wealth and becoming more successful. Net worth and wealth tracker: Personal Capital https://www.goodfinancialcents.com/resources/personalcapital-youtube-financial-choices-regret-in-10-years.php I remember the first time that I attempted a triathlon. I almost drowned when my face hit the water. I was in great shape and I thought I had the triathlon nailed. I was in denial! I was in denial about how hard the swim was, how hard it was going to be to get from one shore to the next. When it comes to hacking your wealth and taking charge of your money, so many are in denial and have no clue what is going on. They need to stop! You need to stop! ✋ We are going to find out what the 5 Money Questions are now: ➡️ 1. How much are you saving per month? [1:14] - Not the percentage of income you are putting aside but the actual dollar amount. ➡️ 2. How much in interest are you paying each month? [2:18] - Most everyone has debt, auto loans, mortgages, credit cards, and student loans. How much interest are you paying on all of these accounts? You have to start paying down those principal amounts. ➡️ 3. How much of your money is in the stock market? [3:52] - Looking at your portfolio, how much of that money is actually in the stock market vs. mutual funds, etc.? ➡️ 4. Will my family be taken care of if something happened to me? [5:41] - If you have a spouse and young children, you need to pay attention to this. ➡️ 5. When do you want to retire? [6:58] - You need to determine when you want to retire so you can set a goal and start working towards that goal, TODAY! Most of these questions are not that hard to answer. You just have to sit down and take the time find the answer to these questions and get a plan in place. ✅ Out of these questions, which one did you learn the most about you? What is something you didn’t know? Let us know in the comments so we can start hacking your wealth. ☆★ Want More Good Financial Cents? ★☆★ Check out my blog here: https://www.goodfinancialcents.com/ Listen to my podcast here: https://itunes.apple.com/us/podcast/good-financial-cents-podcast-investing-building-wealth/id775107294?mt=2 Pick up my best selling book, Soldier of Finance, here: http://amzn.to/2xOH78V Connect with me on Twitter: https://twitter.com/jjeffrose My most favorite inspiration T-shirt line, Compete Every Day: https://www.goodfinancialcents.com/compete