))
(💸21/40) 5 Reasons Why the Wealthy Automate Their Money (And Why You're Falling Behind If You Don't)
Manage episode 435941437 series 3558373
Content provided by Bob Lotich, Certified Educator in Personal Finance, Bob Lotich, and Linda Lotich. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Lotich, Certified Educator in Personal Finance, Bob Lotich, and Linda Lotich or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Want to know the secret weapon of the wealthy?
It's not what you think.
Forget discipline. Forget willpower. Forget complex investment strategies.
The real key? Automation.
In this episode, we're pulling back the curtain on how the wealthy effortlessly grow their wealth and impact—and how you can too.
Here's what you'll discover:
The shocking truth about why discipline is overrated in finance
How to make hundreds of good financial decisions with just one click
The "set it and forget it" strategy that could skyrocket your savings by 56%
Why emotional decision-making is costing you thousands (and how to stop it)
The simple hack that saved us 130 hours a year on managing our money
How we used automation to give away $1 million by age 40
Plus, we're sharing the exact steps you can take TODAY to start automating your finances like a pro.
🔗Resources mentioned in this episode:
Book: "Automatic Millionaire" by David Bach - https://www.amazon.com/Automatic-Millionaire-Expanded-Updated-Powerful/dp/0451499085
Real Money Method (UN)budgeting system - https://seedtime.com/realmoney
10X Investing course - https://seedtime.com/10x
Charles Schwab study on 401(k) automation - https://www.schwab.com/resource-center/insights/content/why-your-401k-should-be-on-auto-pilot
American Time Use Survey - https://www.bls.gov/tus/
Financial Engines study on unclaimed 401(k) matches - https://financialengines.com/education-center/401k-match-lost/
SeedTime Money 40-week checklist (mentioned as part of our ongoing series) - https://seedtime.com/give1m
Remember: The wealthy never depend on willpower. They automate their most important financial tasks. It's time for you to do the same.
Ready to get started? Hit play now.
BONUS: Ever dreamt of hanging out with us for 6 weeks in your small group or church? Head to https://seedtime.com/true for details or shoot us a DM on Instagram (http://instagram.com/seedtime).
Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/v1j2bdXELPg)!
If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”
You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.
313 episoade
Distribuie
