JW’s Financial Coaching Podcast JW’s Financial Coaching Podcast-A show devoted to answering your personal financial questions and covering current events in personal finance. Giving people a new perspective on their money!

May 6, 2012  
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Highlights of today's show:

  • Do you view money like a cake or like a candle?
  • How you view money determines how you handle money
  • Doing business can be a win-win situation
  • Things I have learned from the Debt Free Living Podcast
  • How you can help me reach out to recent college graduates

One of the best books that I have ever read on money is Thou Shall Prosper: Ten Commandments for Making Money* by Daniel Lapin. It's high on my list of recommended reading because it deals with the issue of how we view money. One of the main points brought up in the book and what the show is about today is do you view money like a cake or like a candle?

Viewing money like a cake means that you view money in a win-lose situation. If someone has more cake (money) then that means someone else has less. However if you view money like a candle, that means you believe that money can be a win-win situation. If you use your candle (money) to light other candles then you are creating even more light!

In the past I viewed money as cake, so I was very protective of money. I was also stingy and felt businesses were "out to get my money." But in the past few years I have changed my view of money and now look at it like a candle. If a business provides quality service to me I am more than happy to give them my money because they are allowing me to live a better quality of life and it allows me to help others.

How do you view money? Please vote on our Facebook poll.

In addition I am proud to announce that I will be doing a free live teleseminar on Thursday, May 17th at 7:30 PM for recent college graduates who are looking to get on solid financial footing. If you can not make it for the live teleseminar, the replay will be available on the website the following day. The seminar is a kickoff for the Finances for Recent College Graduates package that I will be offering soon. You can get more details by visiting the info page.

*=affiliate link

You can now find the podcast on Stitcher SmartRadio! Stitcher allows you to listen to your favorite shows directly from your iPhone, Android Phone, Kindle Fire and beyond. So if you have a smart phone and want to stream the podcast from your phone, please download the app from their website.

You can subscribe to future Podcasts either through Feedburner or iTunes. Or you may listen to the podcast on the JW's Financial Coaching Facebook Fan page. In addition, if you have enjoyed the show for a while now, please leave a review of the podcast on iTunes. For a step by step video of how that works please watch this video on how to leave a review in iTunes. Big thanks to my friend Glen Steinson for helping me create the video.

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. Email me atJWFinancialcoaching@gmail.com - Please put “podcast” in the subject line and keep your questions brief so they are readable on air.

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