Wealthy After 40: Personal Finance, Financial Freedom, Debt Payoff, and Retirement Savings for Gen Xers
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Ep 76 Why You Need To Stop Procrastinating and Invest in Yourself
Manage episode 442934537 series 3568591
In this episode, I explore the common reasons why people hesitate to invest in themselves and share the story of a client who waited five years before taking action, highlighting the significant impact of that delay. I also dive into the concept of opportunity cost, the advantages of compound interest, and strategies for managing debt.
Additionally, I explain how financial coaching can offer clarity, create structured plans, and build the confidence needed to help you reach your financial goals.
00:00 Introduction: Why Do We Delay Getting Help?
00:29 Common Reasons for Delaying Self-Investment
01:06 The Financial Concerns of Investing in Yourself
02:07 Client Story: Overcoming Financial Delays
04:06 Understanding Opportunity Cost
08:08 The Benefits of Financial Coaching
Mentioned in Episode:
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