What's Really Hindering Your Financial Freedom | Mikey Manghum | TEDxUTulsa

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Thanks to technology, we have more access than ever before to financial literacy information, and we can set up automated savings or investment accounts at a few clicks of a button. Yet anxiety, worry, and concern over financial direction persists; it doesn’t quite add up. Could it be that we’re going about the pivotal first steps of true wealth creation all wrong?

Disclosure: Material discussed is meant for general informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice. Mikey Manghum is the Founder/Owner of Manghum Consulting, as well as Senior Vice President of INSPiRE Financial Group. Mikey's
purpose is to develop leaders that develop leaders. The most energizing work Mikey gets to do is cultivating "lightbulb" moments for
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My outlook on money changed when I realized someone making $300, 000 can retire broke & someone making $80, 000 can retire a multi-millionaire. Living within your means and living a frugal lifestyle is the first step to financial independence. I just hit the one million mark last year, cheers to everyone striving to get there someday.

tahirisaid
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So the objective is not financial freedom but purpose in life. To have that purpose you need to understand yourself and what should motivate you to achive that goal/purpose. In my case it's family, love and a "boring life" full of meaning beyond financial issues. Therefore, to achive the goal I need to focus on financial stability and providing for my own. I don't need passive income, I need a work that provides me with some freedom, objectives and independence to help those around me. Success is not pupose, happyness is not purpose. Purpose is the result of the journey to thrive to achive and be humble enough to know we can never meet all goals, that we are human and there's so much we can control. It's being good at everything and not the best at one thing. It's beliving we have always something to learn and that the best in life comes from the ones you don't control.

eduardofangueiro
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Great insights. Education is KEY. That can be difficult with so many salespeople dressing up and pretending to give financial advice as a veil to sell products.

RickLuchini
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Very educational I'm here for it always wanted better in my life for me and my family 💞 for years I been thinking like this great speech Mikey from UK

princessp
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Thank you so much
You changed my life

MovieManiaAwesome
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Spot on. The market presents a lot of opportunities to create passive income, with the right skill and proper understanding. Whether you’re not sure about what to invest in, or you don’t have time to manage your assets, just make sure to consult an advisor. Good luck!

pvqmpzp
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Let's talk about success:* Firstly the journey won't be easy, embrace persistence, patience and perseverance. Outline your goal and pull your efforts together to achieve that goal. I had a fair share of struggles before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope, my friend.

KlineclerkClerk
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I’m very much aware of the great benefits of working with a pro but I haven't found one for myself.

lsrykdv
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0:11 👀 depends on how you look at it. (Perspective)
1:48 🤔 How did we get here and how did we become who we are? (Understanding your story)
5:59 scarcity mindset 🙊. Short term focus.
8:40 📝 write down experiences around money? What your thoughts on debt and investment? Go back and put a + or -.
11:04 Build a purpose and a vision. Find a deeper why we need financial goal.

DiaryOfALesbianGamer
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“To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis.” - Robert Kiyosaki

KiyosakiSays
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The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas.

berzddi