Real life, not learned in school

  As a longtime entrepreneur, when I think of my previous success, I found that keeping my eyes open to all opportunities and taking calculated risks were key. Those things would have been impossible to do if I was operating out of a scarcity mindset. An article from Very Well Mind describes a scarcity mindset as a persistent feeling that there are not enough resources. This can be time, money, etc (Blanchfield, 2022). If I gave into thoughts that there are never going to be houses available, I would never find my clients their dream home. A scarcity mindset can make people resistant to venture out and make money. This article will describe a scarcity mindset in detail and the impact it can have on your life. Scarcity changes our brains  Developing a scarcity mindset in this world is completely valid because many struggle to meet their basic needs, daily. The article from Blanchfield explains research has found that growing up in poverty has been linked to changes in the brain...

Taking up a side gig requires extensive preparation and research because it has to be worth the extra time and provide the payout you want. If you are in the wrong side gig, you can easily waste your time and drift further from your goals. Investing extra time in a side gig can help you move closer to your financial success because it can help you pay off any debt, build an emergency fund, or purchase an insurance policy to protect your family.. Things to consider when searching for your side gig Be sure to look for flexible side gigs to be sure it works with the job you already have and your days run smoothly.  You may also want to look for a job that has the potential to make extra money (commission, overtime/extra hours) in case you need more money than expected. Search for a position with good benefits or discounts. For example, if you are taking up another job to lower your monthly bills, you may choose a grocery store to get a discount on your groceries.  No job is too g...

      My name is Walter. I began my career in Real Estate at age twenty-one in 1994 while working at a grocery store from age sixteen to twenty-six. Once I left the grocery store, I pursued other job opportunities while building my Real Estate business. Years later, I found the seven money milestones that refined how I viewed money. I started this blog to provide people with financial literacy skills typically not taught in schools but are ESSENTIAL for our success. As my introduction, here are a few insights surrounding my experience with the seven money milestones.   Milestone 1: Get a Financial Education  My first in depth look into financial education was when I met my now business partner Shon Agnew from WFG Wealthwave. Today, I continue my education by sharing information with others and further that knowledge through my recent work with WFG Wealthwave. I also read (or listen to) books and blogs on finance on a weekly basis to supplement my knowledge....

                                                                                                                                                                                           One of the first steps toward financial freedom is the ability to manage your own finances (cash flow, spending and saving habits). A previous post on this page titled “How to Double Your Savings: The Rule of 72” describes how you can use compound intere...

                                                                                                                                                                                                                   Financial literacy is essentially having skills that develop your understanding of how money works-for example, how to earn, spend, and grow it. To be financial...