The Money Gains Podcast

How Inflation REALLY Works And How To BEAT It with Brian Mitchell (Frugal Spender)

β€’ The Money Gains Podcast β€’ Episode 66

This week my guest is Mr Frugal Spender himself Brian Mitchell. 

I've wanted to get Brian on as a guest for a long time, so I'm delighted we got to have this conversation. His no BS approach to personal finance is not only enjoyable but super knowledgeable and insightful too. 

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In this episode:

  • Understanding inflation and its impact on personal finance
  • The emotional aspect of investing, including the fear of loss and the thrill of gains, can significantly influence investment behavior.
  • Misconceptions about managing money, such as the focus on saving rather than investing
  • Getting started with investing involves understanding the concept of assets, diversifying risk, and gaining experience to navigate market volatility.
  • How to overcome a scarcity mindset, and Brian's approach to money and investing. 
  • The importance of having a real conversation with yourself about debt and taking ownership of financial decisions.
  • The impact of social media on financial decisions and the need to be cautious about lifestyle inflation.

AND SO MUCH MORE!!

DISCLAIMER:
This video is meant for educational purposes and should not be considered financial advice. When you invest your capital is at risk. Past performance is not a guarantee of future success.

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