This week's Money Buddy
Derrick Kinney is on a mission to help individuals who feel left behind build the wealth and life they deserve. Raised in a lower-middle-class family, Derrick faced significant challenges early on. However, through hard work, clear goals, and strategic planning, he became a millionaire by the age of 37.
After building one of the top financial planning firms in the country, Derrick has helped countless individuals achieve their own millionaire dreams with a proven, actionable plan. Today, he is known as America’s Financial Educator, dedicated to empowering people to take control of their financial futures.
With firsthand experience of the struggles many face in their financial journey, Derrick understands the frustration and uncertainty that can come with trying to build wealth. He’s here to provide the guidance and tools needed to overcome those barriers and achieve lasting financial success.
1. What does your ideal year look like?
Hit reply and let me know! This one can be a quick way to clue in on some simple and easy goals you can hit. Does your ideal year mean spending more time at home? Does it mean traveling more? This can be a great way to get started and identify both some of your potential goals but maybe also some potential rewards.
2. What is a goal you would want and what pain would it cause to not achieve it?
I really like the opportunity that this money talking point presents. What do you think is the value of identifying the pain that you will feel if you don't reach your goal? I think it allows your mind to begin working to avoid hurt or heartache. It will enable you to begin to work towards staying away from something you don't want to feel.
Your mind is a very powerful tool and when you can get your subconscious working for you, you'll be surprised by the things you can do. As I said in the podcast episode, when you start to track your net worth an invisible hand seems to start working in your mind, allowing you to make great financial progress!
3: What goals do you need to reset?
You have permission as of the time reading this email to stop one of your goals and reset it! What does that mean? It means you acknowledge that your goal is not going the way you want. Take a step back and start back up in a week or so. Give yourself a break because what you are doing is clearly not working. This can be a good way to get yourself remotivated. Another tip in this area is to get some quick wins with some small goals to get you remotivated. So while you are taking a break from your big goal that you feel stuck on, what are some small things you can find success with?
Enjoy your week and get out there and have a money talk!
