Ep. 18: Live a Rich Life

Nelson Mandela once said, “Money won’t create success, the freedom to make it will.” This week, Josh and Shelby take on the topic of money—the good habits we should practice and the bad habits we’re all guilty of. The host of So Money, Farnoosh Torabi offers her best insights for living a rich life. Plus there is a special clip from the SUCCESS archives in which Brian Tracy shares the secrets of self-made millionaires. And we dig deep for the best ways to save money so we can plan for our futures.

Takeaways:

  • A lot of our conceptions about money come from how our parents viewed money. Hear Josh and Shelby’s childhood beliefs about money and how that affects them as adults.
  • Do you know your worst habits? The first step to building good money habits is to identify where you falter.
  • Farnoosh Torabi says people avoid the money topic because it’s uncomfortable and it reflects who they are as individuals. You have to confront what you want and how you’re going to achieve it.
  • Dig into the SUCCESS archives with Brian Tracy. What rules do self-made millionaires follow?

Favorite quote from this episode:

“Think about your goals. We need to give our money meaning. We’re just spending and saving money without knowing why.”

—Farnoosh Torabi

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SUCCESS Insider is a weekly podcast to engage, educate and inspire emerging leaders and success seekers.

Every week, SUCCESS.com’s Shelby Skrhak and SUCCESS magazine’s Josh Ellis will discuss the latest trends in personal empowerment, entrepreneurship and career development. We’ll dig into books, ideas and news you’ll want to know about. We’ll chat with special guests, including authors, industry experts, business leaders, trendsetters on our staff and other all-around successful people. And we’ll have a lot of fun doing it. Join us!

 

Catch up on all episodes at SUCCESS.com/podcasts.

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