S2 E13 Spend Your Way To Wealth

Send us a text

In episode 13 Arthi and Malika change things up a little, by discussing how you can spend your way to wealth. Yes, you read that right.
This episode is about what you do with your money that can truly pave the way to financial abundance. In essence its about shifting the mindset from focusing on income to focusing on how you spend instead, with some practical examples.

Arthi reminds us to make conscious choices such as investing in experiences and assets rather than spending recklessly on these temporary pleasures.

Malika encourages us to spend by investing in yourself which can lead to a return, whether that be in education or personal self growth or simply your health.

Malika shares an encouraging story which in essence reminds us that it is never too late to save, investment and have the opportunity to create wealth

Malika and Arthi discuss:

What it means to be "wealth conscious"
Insightful questions you can ask yourself in order to fully understand your spending
Malika debunks the misconception that many people believe that the more money you earn, the richer you will become.
How assets generate wealth
Compound growth
What is "lifestyle inflation"

And so much more!

Remember: “wealth creation is a journey and how you spend your money can determine how far you go”

We would love to hear your views based on the concepts covered in this episode.

Do rate, write a review, and share with others.

This episode is proudly sponsored by Old Mutual Wealth.

Send us a text

Arthi reminds us to make conscious choices such as investing in experiences and assets rather than spending recklessly on these temporary pleasures.

Malika encourages us to spend by investing in yourself which can lead to a return, whether that be in education or personal self growth or simply your health.

Malika shares an encouraging story which in essence reminds us that it is never too late to save, investment and have the opportunity to create wealth

Malika and Arthi discuss:

What it means to be "wealth conscious"
Insightful questions you can ask yourself in order to fully understand your spending
Malika debunks the misconception that many people believe that the more money you earn, the richer you will become.
How assets generate wealth
Compound growth
What is "lifestyle inflation"

And so much more!

Remember: “wealth creation is a journey and how you spend your money can determine how far you go”

We would love to hear your views based on the concepts covered in this episode.

Do rate, write a review, and share with others.

This episode is proudly sponsored by Old Mutual Wealth.

Podcasts que vale la pena escuchar

The Swan Effect - Creating and Sustaining Your Financial Wellbeing « » S2 E13 Spend Your Way To Wealth

Capíttulos

1. Advertisement: Old Mutual Wealth (00:00:00)

2. Introduction (00:01:41)

3. About Arthi Rabikrisson & Malika Peterson (00:02:15)

4. Welcome Listeners! (00:03:21)

5. Shifting The Focus (00:03:54)

6. A Common Misconception (00:05:40)

7. Wealth Consciousness (00:06:08)

8. Getting To Know Your Spending (00:06:55)

9. Arthi shares her memory of making those ZAR stretch (00:08:52)

10. Malika shares her memory of investing in oneself (00:10:46)

11. Examples of how to invest in oneself (00:13:00)

12. Spending on assets generates wealth (00:14:04)

13. Malika's example of maximising your assets (00:15:42)

14. Behaviour patterns that generate wealth (00:18:00)

15. Compound growth the 8th wonder of the world (00:18:49)

16. Lifestyle inflation (00:19:31)

17. Malika's parting shot: delayed gratification (00:20:20)

18. Arthi's parting shot: wealth creation is a journey (00:20:20)

19. Thank you listeners! (00:23:17)

20. Swanning out for now! (00:23:40)