Change Our Mindset to Change Our Habits with Scott Yamamura - 170
Manage episode 471195735 series 3520760
In this episode of Money Talk, I sit down with Scott Yamamura, author of Financial Epiphany, to dive deep into the psychology of money and how our mindset plays a crucial role in financial habits. If you've ever wondered why it feels impossible to break certain spending habits or why managing money isn’t just about math, this episode is for you. Scott shares insights on the cultural influences behind overspending, the power of visualization in financial planning, and how understanding compound interest can set you up for long-term success. This conversation is packed with actionable tips to help you shift your mindset and take control of your finances!
Money Talking Points
- What do you see everyone else doing that you want to stop?
- What crisis are you trying to avoid?
- What can you start visualizing to help your finances?
Key Topics & Timestamps
[00:00] Introduction – Money is more than just math
[02:00] Meet Scott Yamamura and his mission to simplify financial messaging
[04:30] Why overspending is more than just a bad habit
[07:00] The “cliff” analogy: How cultural norms lead us into financial crisis
[10:30] The power of mindset: How motivation and confidence shape financial success
[12:45] Investing young: The multiplying power of compound interest
[16:00] How to visualize your money: Tracking expenses, net worth, and investment growth
[20:30] The power of community in financial success
[25:00] Actionable steps: Starting with a 401(k), tracking net worth, and using financial tools
[28:00] Scott’s final advice: The one thing he wishes he knew sooner
Resources & Mentions
Financial Epiphany by Scott Yamamura – financialepiphany.com
Contact me & join the conversation: MoneyTalkWithSkylerFleming.com
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"Upbeat Forever" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/
190 episodes