From Paycheck to Portfolio

From Paycheck to Portfolio
Photo by Clay Banks / Unsplash

“Do you ever feel anxious about your financial future?”

In the chapter on Earning Wellth in my new book Antidote, A New Emotional Wellth Framework, I share the principle of ‘two kinds of money.’

I had recently retired and was having a conversation with my wife Jill about where our money was coming from now that I was no longer working. A friend put it this way, “There are two kinds of money: when people are working, and when money is working.” We were beginning to experience the latter and it felt very different from getting that “pat on the back” every two weeks in the form of a paycheck.

Finances can stir deep emotions. Fear of scarcity often fuels disagreements among couples and is the leading cause of divorce. Jill and I decided to work with an advisor and take a survey – to create a financial roadmap to navigate the coming years. It revealed some unspoken uncertainties and showed we were well-aligned on important areas. This clarity brought harmony to our finances and removed anxiety from the equation.

Regardless of family background or flawed parental examples, achieving peace of mind in your finances is possible. The power of compounding is this: start early or start later, but you must start! You don’t need to have a rich dad to be rich – the legacy of financial security can start with you.

If this story resonates with you, join me on this journey by subscribing for free! We will reveal the positive balances you already have in your emotional bank accounts. Instead of falling apart when a crisis occurs, build Emotional Wellth™ that can lift you up again and again.”

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