The One Thing

37. Millionaire Mindset: How the Rich Manage Their Money - Krisstina Wise

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Synopsis

Have you ever lied awake at night wondering if you will be able to pay your bills? It feels like you're not in control – but the truth is you always have the freedom to take control of your finances if you want it. Krisstina Wise is a millionaire coach and author of Falling for Money, and she is going to teach us about the actions and habits that will define whether or not you become a millionaire.   The ONE Thing to Implement From This Episode: Establish your Freedom Net Worth Number, or the amount of money that you would need to live comfortably for the rest of your life, and lay out a plan in place that will put you on the right trajectory. If you can live off of $75,000 a year, this is how you establish your Freedom Net Worth Number: 75,000 / 0.04 = 1,875,000 After you identify the number, start taking daily action and buy your freedom.   In this episode you will learn… [9:50] The seven secrets that millionaires know (that you don't). [15:30] How you keep banks in business while making your futu