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Is Rich Better? Are You Sure? – Ep106

Is Rich Better? Are You Sure?

by: Annette Bau, CFP®

In today’s episode, we explore the question many ask: “Is Rich Better?” A few years ago, a multi-millionaire entrepreneur said it wasn’t better to be rich. This led me to interview over 200 peers, clients, and other multi-millionaires. Today, I share the insight I gained from these interviews and my three decades of working with wealthy clients.

Wealth Inside and Out® Podcast: “Is Rich Better? Are You Sure?”

In this episode, you will learn:Millionaire Mindset Guide
>> (3:16) The most common perspectives regarding “Is being rich better than not?”
>> (6:26) Two of the most common money motivators
>> (9:55) What problems money solves and what it also gives you
>> (14:28) The nonmaterial benefits of having enough money
>> (16:40) What money amplifies (Sometimes it is good and sometimes it is not!).

Conclusion – “Is Rich Better? Are You Sure?”

Many people believe having money is better than not, and sometimes it is. But what about the negative side of wealth? Today, we dive into insight regarding the good, bad, and everything else about having money, including why it matters, what it allows you to do, and how to use it for the most significant impact. You will see the world through the viewpoints of many wealthy people, so you can hopefully change your life trajectory to a more financially secure future.

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This information is for educational purposes only. It is not intended to replace the advice of any advisor or specialist, nor to provide investment, financial, tax, retirement, planning, or healthcare advice.

Always consult with a qualified professional before making any financial decisions or changes.

To your financially secure life,

Annette

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Estate & Retirement Strategies, LLC (“ERS”) is a state-registered investment advisor located in Arizona and conducts business where properly licensed.  Registration does not imply endorsement by securities regulators. ERS is not engaged in the practice of law or accounting.

ERS provides comprehensive financial planning, insurance, and investment management services. Investing involves risk and is not guaranteed. Before investing, you should consult a qualified financial advisor. ERS is affiliated with The Millionaire Insider®, an organization that provides general information, courses, and publications on topics related to personal financial planning and other lifestyle and mindset topics, including information from third-party sources. Information provided is for educational purposes only and is not an offer or solicitation for the sale or purchase of any security or investment advisory services.

 

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