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Why Your Mind Wants To Make Bad Financial Decisions

By Jake | Follow Jake on Twitter

 

“The thoughts of the diligent tend only to plenteousness; but of every one that is hasty only to want.” -Proverbs 21:5

Have you ever made a bad decision that seemed to defy all logic?

Of course, we all have, it happens every day.

For example, a recent study showed that only 1% of MLM (Multi-level marketing) participants actually make a profit. Yet there are floods of people that become affiliated every day. It’s a billion dollar industry.

So why are you so excited to put money into something with such low odds of coming out ahead?

The Psychological Trigger that Promotes Bad Decisions

It turns out there is a psychological trigger that actually suppresses your logic and reason.

As you can imagine, knowing this is extremely important, or you could end up making bad decisions over and over and over and over and over… you get the idea.

And that’s why I invited Sophia Dembling, expert in psychology, to join us on the discussion.
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How To Avoid Getting Duped (Financially Speaking)

By Nick | Follow Nick on Twitter

Wealth and rank are what people desire, but unless they are obtained in the right way they may not be possessed. – Confucius.

Ever heard of Bernard Madoff?

You may remember him as the guy that “made off” (see how I did that?)with millions of dollars through an elaborate ponzi scheme. Well I guess he did go to jail, but he had a ton of very intellectual people severely duped for a long time.

So how can so many smart people get duped by one guy? If it’s not Bernie Madoff it’s Paul Burks (Zeekler – which coincidentally still has a 4 out of 5 star review on reviewopedia), or US Airlines. It seems like I’m always hearing about the latest scam, and I’ll be honest, they’re getting pretty creative.

Well it turns out the answer lies inside your mind…and to help you understand how it works we’ve got Author and Expert Stephen Greenspan on the latest episode of the Moola Mind Podcast…
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Are You Economically Effective?

By Jake | Follow Jake on Twitter

giving

“He that giveth unto the poor shall not lack: but he that hideth his eyes shall have many a curse.”-Proverbs 28:27

There’s a dumb mistake many people make when it comes to their finances….

…and it could potentially leave a lot of money on the table.

Are you making it?

If you are, don’t worry, we’ll show you how to fix it.

Now this isn’t just my opinion, but ancient wisdom coupled with hard data that can better your quality of life and improve your finances.

Why Being Philanthropic Is Financially Smart

Hopefully you consider yourself somewhat philanthropic (someone who gives). It’s a great way to improve the quality of your life and happiness, as well as others around you.

(I’ve got some extremely interesting information on the correlation between happiness and money, and a special guest that will blow your mind. Make sure to jump on our newsletter so you don’t miss it.)

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