Transcript
A (0:00)
If you or your partner has fallen for a scam, I want to help. Especially if you've recently fallen for an email or text scam or you've gotten bad financial advice from someone who did not keep their promises. Or maybe you just have not even told your partner because you are embarrassed. If this is you, I want to talk. Apply for free coaching with me by being on my podcast. Apply today@iwt.com apply. That's iwt.com apply.
B (0:30)
It gets to me sometimes. I feel like I need a break.
C (0:33)
I don't want you to feel that way. I really don't.
A (0:36)
Aren't you guys pretty rich?
C (0:38)
Yes.
B (0:38)
Yeah, we have money, but both of us have a hard time with just spending.
C (0:44)
It's probably a bit of, like, hoarder's mentality. We don't spend it and we don't really have a plan to spend it.
B (0:50)
I'm scared that we'll blink of an eye. We're 65, 70. We never did anything with some money. The kids are good, but did we enjoy life
A (1:03)
sometimes? On this show, I like to show you what happens when people earn high incomes, but they struggle to spend their money. And I always see the comments. People sometimes complain about these couples. They say they're unrelatable. But I want you to know that this is an extremely important topic to cover and. And it's important for you because if you follow my system, you will likely have more money than you ever thought possible. I want you to learn from these types of couples who are still stuck in scarcity mode so that you can make changes. Now, in my opinion, it is a tragedy to live a smaller life than you have to, and I am determined for that not to happen to you. Today I'm talking to Mikaela and Dave. They're 33 and 32 years old. They're. They have two young children and they earn $278,000 a year. That's a great income for any age, but especially impressive for someone's early 30s. So why do they struggle to spend money? So much so that Mikayla wears clothing with holes in it because she can't bring herself to spend money. That's what I want to talk about today. And remember, I want you to apply the lessons to your own life. In fact, I think as you go through today's episode, you're going to be surprised at their reasons for being frugal. So make sure you stick around. Now, I'm looking at their conscious spending plan or their csp. If you want my help with your Conscious spending plan. Join my money coaching program@iwt.com Moneycoaching assets $545,000 Investments $1,032,000 Savings $106,000 Debt 195,000 which is their mortgage. Total net worth $1.488 million they have a net worth of nearly $1.5 million in their early 30s. Now, if this were you, what would you be doing with your money? Ask yourself that and ask yourself why Mikaela might be wearing clothes with holes still in them. Let's get into it. Beginning with our conversation. Now, help me understand a little bit about your day to day spending behaviors. Like what is something that you wanted to spend on or started talk about spending on but you just couldn't bring yourself to do it. I'm not going to judge you, I promise.
