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In this episode of the podcast, host Lloyd James Ross, a seven-figure investor and entrepreneur, addresses the challenges of living paycheck to paycheck and provides a roadmap to financial freedom. He emphasizes the importance of understanding your finances and developing better money habits rather than simply seeking more money. Lloyd outlines a five-step process designed to help listeners break free from financial turmoil and transition into wealth-building mode. This episode is particularly aimed at those feeling overwhelmed by their financial situation, offering actionable strategies to take control of their cash flow and ultimately achieve financial success. Tune in to learn how to escape the cycle of financial stress and start making your money work for you.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:01:35] Know your exact numbers.
[00:03:30] Paying yourself first.
[00:06:58] Cutting lifestyle creep.
[00:10:32] Building an emergency fund.
[00:12:28] Building a side hustle early.
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Better understand the stock market without losing your cool. In this episode, Lloyd James Ross unpacks why markets dip, how investors usually react, and what you can do instead. He breaks down the different types of downturns—because not every drop is a disaster—and explains why so many people panic when they don’t need to. Lloyd also shares why keeping your head clear matters and hints at ways to build financial stability no matter what the market’s doing. If you're aiming for long-term financial freedom, this is one you don’t want to miss.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:02:08] Market crashes and corrections.
[00:03:45] Dot-com bubble crash explained.
[00:06:55] The property market collapse.
[00:10:18] The 2008 financial collapse.
[00:13:07] Market corrections and cycles.
[00:17:48] Market corrections create opportunities.
[00:19:16] Dollar cost averaging strategy.
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Saknas det avsnitt?
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Ever feel like you're working hard but not really getting ahead? In this episode, Lloyd James Ross—seven-figure investor and all-around money mindset guru—breaks down five habits that are secretly keeping people broke and stressed. 😬
He gets real about stuff like credit card traps, missed chances to invest, and the kind of people you need to stop taking money advice from. Plus, he shares what actually helped him build real wealth—and it’s not what you’d expect. If you’re tired of spinning your wheels with money, this might be the wake-up call you didn’t know you needed. 👀
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:01:04] Five habits keeping you broke.
[00:04:08] Investing in skills for wealth.
[00:08:40] Networking for life-changing opportunities.
[00:09:21] Wealth building and life balance.
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In this episode, host Lloyd James Ross, a seven-figure investor and entrepreneur, provides a comprehensive guide to achieving financial peace. He emphasizes the importance of understanding your financial baseline by tracking monthly expenses like rent, food, and bills. Lloyd reveals how common spending habits on coffee, dining out, and luxury items can hinder financial progress. He outlines a step-by-step system to master your finances, including building an emergency fund, eliminating high-interest debt, automating savings, and investing wisely. This episode is designed for anyone, from nurses to tradespeople and business owners, who wants to transform financial stress into success. Tune in to learn how to make your money work for you and take control of your financial future.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:01:34] Financial baseline awareness.
[00:04:55] Emergency fund importance.
[00:07:00] Automating your investments for wealth.
[00:09:40] Retirement accounts and investments.
[00:12:19] Opportunity cost in spending.
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In this episode, Lloyd James Ross, a seven-figure investor and entrepreneur, shares his insights on achieving wealth and happiness, challenging conventional wisdom about education and money. He argues that while school provides essential skills like reading and writing, it often discourages risk-taking and punishes mistakes—two crucial elements for financial success. Lloyd emphasizes that to get rich in your 20s, you must adopt a new mindset and avoid outdated money habits. He offers strategies for overcoming financial stress and achieving financial freedom, underscoring the importance of learning from mistakes in the real world. Tune in for valuable advice on making your money work for you and breaking free from traditional barriers to wealth.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:01:09] School’s impact on financial success.
[00:04:04] Inheriting money management skills.
[00:08:51] Wealth-building strategies for young adults.
[00:12:01] Mobile homes and depreciation.
[00:12:36] Depreciation of assets discussed.
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In this episode, host Lloyd James Ross, a seven-figure investor and entrepreneur, shares his insights on building wealth effectively, particularly for those earning between $100,000 and $150,000 a year. He emphasizes the importance of living lean and saving aggressively, advising listeners to forego the desire to appear wealthy in favor of genuine financial progress. Lloyd discusses how wealth-building strategies must evolve with income, highlighting that what works at lower income levels may hinder growth at higher ones. He provides practical steps for listeners at various income tiers, focusing on mindset shifts and strategic financial moves to achieve true financial freedom. Tune in to learn how to make your money work for you and break free from old habits that hold you back.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:00:10] Wealth-building strategies for income.
[00:06:30] Emergency fund building strategies.
[00:08:04] Income growth phase.
[00:10:42] Amplifying your income through skills.
[00:13:41] Buying assets to build wealth.
[00:18:03] Buy assets, scale your wealth.
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In this episode, host Lloyd James Ross, a seven-figure investor and entrepreneur, shares five essential books on money that can help turn your child into a millionaire. He begins with a personal anecdote about his father's approach to money, emphasizing the importance of sales as a foundational skill for financial success. Lloyd discusses the mindset and strategies necessary for parents to instill financial literacy in their children, highlighting that wealth-building is not solely about earning a high income but rather about effectively using time to develop skills and invest wisely. Tune in to learn how to set your children up for financial success and avoid the common pitfalls of living paycheck to paycheck.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:01:34] Teaching kids about money.
[00:08:13] Teaching kids about sales.
[00:12:45] Teaching kids about investing.
[00:15:22] Teaching children about time value.
[00:19:30] Teaching Kids Financial Principles.
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In this episode, host Lloyd James Ross discusses the transformative impact of AI and automation on the job market and personal finance. He begins with a provocative example of Elon Musk challenging government workers to succinctly describe their jobs, highlighting the disconnect between technology and human capability. Ross illustrates how AI can save time and enhance productivity, comparing its benefits to having a lawyer, accountant, and analyst all in one. He shares a success story of a business that scaled newsletters to a valuation of $40 million, emphasizing the wealth opportunities AI presents. As a seven-figure investor and entrepreneur, Ross aims to empower listeners to break free from old financial habits and embrace strategies that lead to wealth growth and financial freedom. Tune in to discover how to leverage AI for financial success and navigate a changing economic landscape.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:01:34] AI and wealth creation.
[00:04:43] Creating content with AI.
[00:06:01] AI for sales copywriting.
[00:10:22] Leveraging AI for investment analysis.
[00:12:38] Negotiating with AI assistance.
[00:16:22] Launching a podcast for profit.
[00:18:30] AI in newsletter business.
[00:21:37] Leveraging AI for baking.
[00:24:46] Wealth building strategies.
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In this episode, Lloyd James Ross, a seven-figure investor and entrepreneur, delves into the key differences between wealthy individuals and those struggling financially. He emphasizes the importance of managing and decreasing debt, noting that the wealthy leverage debt to acquire income-generating assets, while the less fortunate often incur debt for non-productive purchases. Lloyd highlights that successful individuals track their spending and maintain a balanced approach to health and relationships, which he believes are indicators of financial success. He offers insights into mindset shifts and strategies to help listeners take control of their finances, grow their wealth, and ultimately achieve financial freedom. Tune in to learn how to make your money work for you and break free from the cycle of living paycheck to paycheck.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:02:15] Seven habits of the wealthy.
[00:03:29] Asymmetric returns in investing.
[00:07:51] Wealthy use debt for assets.
[00:10:17] Decreasing taxes legally.
[00:12:54] Investing in well-being.
[00:15:01] Love the process, not outcome.
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In this episode, Lloyd James Ross, a seven-figure investor and entrepreneur, discusses the reasons why he chooses to rent instead of owning a home, even as a multi-millionaire. He emphasizes the financial burden that comes with homeownership, particularly the long-term commitment of a mortgage. Lloyd highlights the importance of understanding the costs associated with mortgages and encourages listeners to evaluate their financial happiness. He challenges the societal norm that promotes home buying as a necessary investment, sharing insights on how the real estate landscape has changed over the years. Tune in to discover the mindset and strategies that can help you take control of your finances and achieve financial freedom.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:01:03] Renting vs. owning a home.
[00:04:17] Mortgage equals death pledge.
[00:09:38] Mortgage pitfalls and financial freedom.
[00:12:15] Renting vs. Owning a Home.
[00:14:11] The value of home ownership.
[00:16:47] Buying a home vs. renting.
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In this episode, Lloyd James Ross, a seven-figure investor and entrepreneur, delves into the three types of assets available for growing your wealth. He discusses the speculative nature of cryptocurrencies, which he humorously refers to as "shitcoins," and critiques traditional approaches to investing that often leave individuals frustrated and underperforming against inflation. Lloyd aims to help listeners break free from outdated money habits and gain the mindset and strategies needed for financial success. If you've ever felt overwhelmed by investing or uncertain about where to start, this episode provides valuable insights to help you take control of your financial future and make your money work for you. Tune in to learn how to rank your assets effectively and transform your investment journey.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:02:58] Productive assets for financial independence.
[00:04:02] Shitcoins and speculative assets.
[00:09:00] Bonds and their investment value.
[00:10:33] Risk-free treasury bonds explained.
[00:16:10] Real estate market bubbles.
[00:20:47] Stocks as top investment choice.
[00:24:07] Private business returns and risks.
[00:26:57] You are your best asset.
[00:28:53] Building wealth strategies.
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In this episode, host Lloyd James Ross, a seven-figure investor and entrepreneur, shares his insights on building passive income streams. He emphasizes the importance of approaching business models as active endeavors rather than purely passive ones. Lloyd outlines the top 10 passive income streams, starting with the most effective: dividends from index funds and stocks, which he describes as the easiest and most reliable source of passive income. He also discusses real estate investments, where rental income can be generated with minimal effort if managed properly. Tune in to discover practical strategies and mindset shifts that can help you take control of your finances and work towards achieving financial freedom.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:01:03] Easiest passive income stream.
[00:05:37] Passive income strategies explained.
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In this episode, host Lloyd James Ross, a seven-figure investor and entrepreneur, shares valuable insights on achieving financial freedom through smart saving and investing habits. He emphasizes the importance of prioritizing savings over social outings, encouraging listeners to say no to unnecessary expenses and distractions. Ross highlights the significance of building a solid financial foundation by saving first before diving into investments. He discusses the mindset shifts needed to break old money habits and offers practical strategies for taking control of your financial future. Join us for a dose of motivation and actionable tips to help you grow your wealth!
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:01:11] Saving money for future wealth.
[00:07:03] Importance of financial partnerships.
[00:11:18] Most profitable businesses to start.
[00:14:00] E-commerce business trends.
[00:17:10] Crypto speculation and risks.
[00:19:06] Freedom over material possessions.
[00:22:15] Mindset and generational wealth.
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In this episode, Lloyd James Ross, a seasoned investor and entrepreneur, delves into the current state of the Australian property market. He discusses the significant increase in the average time to sell a property, which has now reached up to 33 days, and the impact of rising interest rates on market dynamics. Lloyd emphasizes the importance of focusing on market signals rather than the surrounding noise, noting the current indicators of a softening property market and the potential for a crash. He highlights a recent policy change by Australian Treasurer Jim Chalmers, which allows banks to exclude student HEX debt from mortgage serviceability calculations, thereby incentivizing more people to enter the property market, even if they may not be financially ready. Lloyd promises to share his insights on whether the Australian property market is on the brink of collapse by the end of the episode, offering valuable strategies for listeners looking to gain control over their financial future.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
00:00:00 Introduction
00:01:02 - Question: Is the Australian Property Market Collapsing?
00:01:13 - Government Policy on HECS Debt and Mortgages
00:01:54 - Importance of Debt Serviceability
00:02:25 - Current State of the Housing Market
00:02:36 - Median House Prices in Australia
00:03:19 - Impact of COVID on Melbourne Real Estate
00:03:30 - Comparison of Median Prices in Major Cities
00:04:03 - Future Predictions for Perth's Property Market
00:04:13 - Understanding Market Signals
00:04:34 - Signal 1: Interest Rates
00:05:40 - Signal 2: Increased Property Listings
00:06:12 - Signal 3: Extended Selling Times
00:07:05 - Book Promotion: Money Buys Happiness
00:07:15 - Signal 4: Auction Clearance Rates
00:07:47 - Signal 5: National Australia Bank's Share Price Drop
00:08:29 - Will the Property Market Crash?
00:09:01 - Impact of Immigration on Housing Demand
00:09:52 - Historical Examples of Housing Market Crashes
00:11:18 - Potential for a Housing Market Correction in Australia
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In this episode, Lloyd James Ross, a seven-figure investor and entrepreneur, delves into the truth about debt and the mindset surrounding wealth. He explains that while debt can be a powerful tool, traditional school systems often cultivate a broke mindset by enforcing restrictive rules. Lloyd emphasizes the importance of breaking certain rules to achieve financial success and highlights the difference between being broke and being poor. He advocates for the necessity of multiple streams of income, explaining how diversification fortifies financial stability, especially in the face of changing business seasons. Tune in as Lloyd provides valuable insights and strategies to help listeners transform their money mindset and gain control over their financial futures.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:01:14] Multiple streams of income.
[00:04:54] Dumbest investment stories.
[00:08:36] Poor money mindset and advice.
[00:10:05] School systems and wealth mindset.
[00:13:02] Building wealth mindset transformation.
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In this episode, Lloyd James Ross, a seven-figure investor and entrepreneur, reveals the secrets that millionaires and billionaires know about wealth creation. He emphasizes that money is merely a scorecard for living life and encourages listeners to focus on buying assets rather than getting caught up in old money habits. Lloyd discusses the importance of having an optimistic outlook on the future while being cautious to avoid losses. He differentiates between the roles of diversification in maintaining wealth versus building it. Listeners will gain valuable insights into the mindset and strategies necessary to take control of their finances, grow their wealth, and achieve financial freedom. Tune in to learn how to make your money work for you and unlock the secrets to lasting millionaire success.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:00:00] Money is a game.
[00:04:22] Time is more valuable than money.
[00:06:30] Investment focus for wealth.
[00:09:38] Optimism in challenging times.
[00:12:35] Buy assets for financial freedom.
[00:15:13] Building wealth strategies.
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In this episode, host Lloyd James Ross, a seven-figure investor and entrepreneur, explores intriguing financial choices through a fun and engaging format. He presents two options—$500,000 cash or no bills for life—and dives into the implications of each choice. Lloyd breaks down the average monthly expenses, illustrating how opting for no bills could save about $50,000 a year. He emphasizes the importance of opportunity cost and the need to wisely invest any lump sum to generate cash flow that covers expenses. Tune in for valuable insights on financial freedom, investment strategies, and how to shift from old money habits to a prosperous mindset!
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:00:31] No bills for life.
[00:03:51] Retirement at age 35.
[00:07:26] $25 million vs. debt-free home.
[00:10:50] Choosing between financial options.
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In this episode, Lloyd James Ross dives deep into the common mindset that prevents individuals from building wealth, highlighting the difference between hoarding money and making it work for you. He discusses the impact of fear surrounding money, especially during times of economic uncertainty, and how it can paralyze potential investors. Lloyd introduces the concept of a "fun account," encouraging listeners to allocate money for the purpose of exploring investment opportunities without the pressure of immediate returns. He reveals that many people, even those with high incomes, suffer from a limiting mindset that keeps them stuck and under-earning. By unpacking these beliefs and offering strategies for change, Lloyd empowers listeners to take control of their financial future and achieve true financial freedom. Join us to learn how to break free from old money habits and start growing your wealth today!
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:01:03] The fear of money.
[00:04:46] Scarcity money mindset.
[00:09:01] Scarcity money mindset solutions.
[00:11:16] Outsourcing for wealth building.
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In this episode, Lloyd James Ross, a seven-figure investor and entrepreneur, challenges common misconceptions about money and wealth. He discusses the idea that rich people are selfish and that money is the root of all evil, arguing instead that wealth can be a tool for providing value and achieving happiness. Lloyd emphasizes the importance of shifting our mindset around money and overcoming outdated beliefs that equate hard work with financial success. Instead, he advocates for working smarter, not harder, by leveraging systems, delegating tasks, and utilizing capital to generate wealth more efficiently. Tune in to learn strategies for taking control of your finances and achieving financial freedom.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:00:52] Working smarter, not harder.
[00:04:01] Money can buy happiness.
[00:07:01] Time is more valuable than money.
[00:09:17] Money wins and myths.
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In this episode, host Lloyd James Ross, a seasoned investor and entrepreneur, tackles the pressing issue of credit card debt and its impact on financial health. He opens with alarming statistics, revealing that the average person carries $6,400 in debt, with credit card interest rates soaring at 21%. Lloyd emphasizes the importance of understanding one’s financial situation and provides actionable strategies to break free from old money habits. He highlights the staggering fact that 50% of people are currently defaulting on their credit cards, the highest rate since the global financial recession, and discusses the implications of defaulting on credit scores. Tune in to learn how to take control of your finances, grow your wealth, and achieve financial freedom.
Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com
Follow Lloyd:
https://www.instagram.com/lloydjamesross/?hl=en
https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au
https://www.facebook.com/5stepstomillions/
https://www.tiktok.com/@lloydjross
https://x.com/lloydjamesross
Timestamps
[00:00:00] Introduction
[00:02:38] Steps to get out of debt.
[00:04:18] Pay off high-interest debt.
[00:08:39] Selling assets to pay debt.
[00:10:40] Emotional attachment to objects.
[00:12:35] Negotiating credit card debt.
- Visa fler
