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#248 - Reacting to the Wildest Money Tips Online

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Manage episode 492349790 series 3645113
Content provided by Lloyd J Ross. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lloyd J Ross or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode, Lloyd James Ross delves into the key indicators of financial health, highlighting that having more than $1,000 in savings is a significant sign of being above average financially. He shares alarming statistics revealing that 43% of Americans have less than $1,000 in savings, with many having none at all. Lloyd discusses the implications of this data and reflects on the surprising reality that toddlers often have more savings than adults. Additionally, he shares his thoughts on various business investments, specifically advising against owning a restaurant. Tune in for valuable insights on money management and strategies to achieve financial freedom.

Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com

Follow Lloyd:

https://www.instagram.com/lloydjamesross/?hl=en

https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au

https://www.facebook.com/5stepstomillions/

https://www.tiktok.com/@lloydjross

https://x.com/lloydjamesross

Timestamps

00:00:00 - Introduction

[00:01:07] Financial savings statistics.

[00:04:05] Business acquisition strategies.

[00:07:00] Destination weddings and debt.

[00:11:02] Business types to avoid.

[00:13:03] Parents' financial dependence on children.

  continue reading

256 episodes

Artwork
iconShare
 
Manage episode 492349790 series 3645113
Content provided by Lloyd J Ross. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lloyd J Ross or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode, Lloyd James Ross delves into the key indicators of financial health, highlighting that having more than $1,000 in savings is a significant sign of being above average financially. He shares alarming statistics revealing that 43% of Americans have less than $1,000 in savings, with many having none at all. Lloyd discusses the implications of this data and reflects on the surprising reality that toddlers often have more savings than adults. Additionally, he shares his thoughts on various business investments, specifically advising against owning a restaurant. Tune in for valuable insights on money management and strategies to achieve financial freedom.

Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com

Follow Lloyd:

https://www.instagram.com/lloydjamesross/?hl=en

https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au

https://www.facebook.com/5stepstomillions/

https://www.tiktok.com/@lloydjross

https://x.com/lloydjamesross

Timestamps

00:00:00 - Introduction

[00:01:07] Financial savings statistics.

[00:04:05] Business acquisition strategies.

[00:07:00] Destination weddings and debt.

[00:11:02] Business types to avoid.

[00:13:03] Parents' financial dependence on children.

  continue reading

256 episodes

All episodes

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