Season 5 Episode 33 "Show Me The Money"

• in this episode we discuss Wasting Time v. Investing Time, 8 Streams of Income, & Steps To Build Your Wealth.


• SAUNAIE kicks off with our host XO discussing the Quotes of The Day, 1st Quote: If a goal is worth having, it's worth blocking out the time in your day to day life necessary to achieve it," 2nd Quote: "Do what you don't want to do to get what you want to get." XO goes into detail about these quotes and reveals how they resonate with him. 

1. Have You Been Wasting or Investing Time?

• in this segment we discuss what Wasting time looks like for example: Netflix, Video Games, or even Procrastinating 


• We also discuss what Investing Time looks like" Watching Courses/Youtube, Learning New Skills, Going To The Gym, etc.


• We all get the same amount of hours each day & how you spend yours will determine how your future is going to look.


• You either Invest Time or Waste Time, the choice is yours.

    2. 8 Streams of Income 

• Wealth comes from Multiple Streams of Income. So if you want to be wealthy never depend on a single stream of income.


• The average Millionaire has 7 Streams of Income


• We start off with the 1st income majority of people have which is "Earned Income" income from working a job, We talk about "Capital Gains," & end the segment off with "Residual Income"


• this segment gives insight on the different streams of income that we should have and work towards, even if you don't want 7 streams of income at least have more than a single stream. 

     3. Steps To Build Your Wealth

• in this segment we talk about Wealth Building and the steps to take to build your Wealth


• Read Daily: 85% of Millionaires read 2 or more books a month, books offer advice on Life, Family, Business, & Personal Development


• Leaders are Readers. 


• Another Wealth Building Step would be Investing. Investing in yourself, stocks, Real Estate, Your Business, & Your Network.


• There's a lot more steps that we discuss in this segment to help us build our Wealth


• What we do today will benefit our future. 


• We hope this segment helps you out when it comes to Financial Literacy

THANK YOU FOR READING

HAVE A GREAT WEEKEND