#78: What changes at $10k, $100k, $1m, $10m net worth

When you think of living a Rich Life, what do you see? Is it in the here and now or do you think “someday when…..”? What do you think changes about your money views when you reach different levels of net worth? What does it mean to you? How will it be? Have you actually thought about it? In this episode I talk about these beliefs and practices around our net worth, touch on the toxic FIRE movement, and explore some aligned views from one of my favourite authors, Ramit Sethi. I prompt you to explore your mindset around reaching different levels of wealth. There are just so many factors which is why it is so important for everyone to think about it right now, because it's different for every single person…… At every different level of net worth ($10, $100k, $1m, $10m)….. What are your goals? What are your desires? What income do you have? What do you want to keep investing? What do you want to save now to keep investing? Do you have a specific number that you see as a turning point in how you feel about and act with money? Things like “when I hit a million dollars, then I will be able to retire”, “if I hit a million dollars, then I will be able to go on a holiday”, or “if I hit a million dollars, then I will feel secure and independent”. The reality is that it's just not true and this is why it's so important to build the habit now, that consistency now, and create the balance of desires of spending and also saving money and investing. Most people will never allow themselves to think about what will change in their life as their net worth changes and increases, nor think about what their goals may be, but this is what I really want for you! I want you to have a proactive plan that sees your goals through to reality! Dive in to this episode and thinking about your future net worth xo Simone

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#78: What changes at $10k, $100k, $1m, $10m net worth is an episode from Ms Wealthy's Kiss My Money Podcast by Simone Mercer-Huggins.

This episode is 00:26:07 long.

This episode was published on Jul 5, 2021.

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