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Beyond The Paycheck

Episode 60 – Why True Wealth is Time, Not Money

by | Jul 25, 2023 | Podcast | 0 comments


True Wealth Is Time, Not Money.
Erik Nero of First-Step Wealth is Paula and Jon’s guest today, and he thinks people have many misconceptions about money. It’s not about the quantity of money you have; it’s about what that money allows you to do. What are you passionate about? Some of this reminds Paula of online dating!

Sometimes mindsets around money can be chased back to childhood. Erik tells a story of his dad making him earn 25 cents to buy a squirt gun. It’s a valuable lesson, as opposed to thinking money just appears.
Paula and Erik also spend some time discussing the importance of saving while you’re young. Recent law changes have made that easier, but the younger you can start, the better. This is especially true because life often gets more complicated as you get older.

Erik often asks his clients, “What are your values and thoughts about the importance of money and how are those behaviors going to be matched to your overall purpose and outcome?”
Paula and Erik also muse over how hard it is to advise a parent; often, your kids will listen to the same exact advice, as long as it’s coming from someone else!

Find Erik Nero at https://first-stepwealth.com – via email at Erik@First-Stepwealth.com or by phone at 518-893-1592.

Email Paula Christine at Paula@PaulaChristine.com. You can also learn more online at www.PaulaChristine.com.