Old Money19 Sep 2023

012. Frugality is the Enemy of Wealth

Girl, order your damn latte, your avocado toast and enjoy.

In today's episode, you'll learn about the connection between mindset and wealth and the value of making rational, practical decisions rather than ones based on emotions and habits. You'll also learn about the dangers of fixating on frugality and sacrificing present enjoyment when the future isn't guaranteed, plus 5 actionable steps to improve your quality of life TODAY.

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In today's episode, we cover the following:

Birdie and Bogey of the Week (1:45)
Old money values: wealth is built by mindfulness (7:27)
The obsession with frugality (8:53)
Mindset shifts when it comes to hoarding and frugality (15:27)
Using rational decision-making skills vs. emotional and habitual ones (23:16)
Increase your quality of life in 5 steps (29:57)
Hot Stock Tip of the Week: Invest in good tea (plus top tea recs!) (33:52)

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RESOURCES

Sign up for ResortPass
Purchase the decadent Harney & Sons Paris Tea

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Today's episode is sponsored by the 10th House. Scale and grow your business with like-minded women. Send in your applications for the next cohort by September 22nd, 2023 and use the code OLD MONEY for 15% off your annual membership!

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Connect with the Old Money Podcast:

Web: OldMoneyPodcast.com

Email: OldMoneyPodcast@gmail.com

Instagram: @OldMoneyPodcast

TikTok: @OldMoneyPodcast

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The content presented in this podcast is intended to entertain, educate, inspire and support listeners in their personal and professional development and does not constitute business, financial, or legal advice. Please note that this episode may contain paid endorsements and advertisements for products and services for which individuals on the show may have a direct or indirect financial interest in products or services related to the episode.

Produced by AFMEDIA, a division of AFMKTG

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