Monday, May 22, 2023
Building Wealth & Financial Behaviors
This is the “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They want to help you gain financial confidence and clarity to control your destiny.
In this episode of the series, Lauryn and Chloé talk with guest Dr. Sarah Fallaw about the financial behaviors that are important for wealth building. Sarah is the co-author of The Next Millionaire Next Door and founder of DataPoints LLC, a behavioral assessment advisor fintech company. The company created an assessment of wealth building potential based on The Millionaire Next Door.
If you’re ready to learn how to build wealth and what behaviors you can learn and what habits to adopt in order to make it happen, this is the episode for you!
In this episode, Lauryn, Chloé, and Sarah talk about:
- The difference between income and net worth
- Some of the myths about millionaires and what they really do instead
- The myths or misconceptions people have about building wealth
- The dangers of watching what others are doing and buying
- Six behaviors that predict financial success
- Why it’s important to understand what your financial planner is doing
- The importance of believing in your ability to build wealth
- What to watch out for so you won’t be influenced in your spending decisions
- Impact of those around us on our financial behaviors and decisions
If you want to further connect with Dr. Sarah Fallow:
Twitter: @sarahfallaw
LinkedIn: @sarahfallaw
https://www.datapoints.com/
The Next Millionaire Next Door
If you want to further connect with Lauryn Williams:
Instagram: @worthwinning
Twitter: @worth_winning
Facebook: @worthwinningfp
LinkedIn: @lauryn-williams
If you want to connect further with Chloé Moore:
Instagram: @financialstaples
Twitter: @finstaples
Facebook: @finstaples
LinkedIn: @chloemoore
Shared quote:
“Money should never change one’s values…. Making money is only a report card. It’s a way to tell how you’re doing.” - Thomas Stanley
RESOURCES MENTIONED:
Lauryn is hosting two Welcome to Wealth financial retreats this summer for young professional women. Want to go on an adventure and create a financial plan for your life? Learn more at the links below.
• Medellin, Colombia July 2023
• Bali, Indonesia August 2023
Hi, I'm Lauryn
Certified Financial Planner
Welcome to the Worth Listening podcast, where we focus on having positive and productive conversations about money.
Interested in being a guest on our show? Email us today at podcast@worth-winning.com! We'd love to hear from you.