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Mar 1, 2021

If you want to become wealthier and make the world better, start by giving money away. In this week’s Good Money Tip, we reveal a secret of successful people—how to quickly get back up when failure throws you a knock-out punch. Derrick also talks with lifestyle investor, Justin Donald, who says it’s time to wave good-bye to your 9 to 5 grind. He shares that if you want total control of your life, then take control of your time. Get ready: he tells us why you should look at every investment as bad until you prove it’s good.

 

Did you know Derrick answers YOUR money questions LIVE on his podcast? Submit your money question now! Go to: https://goodmoneyframework.com

 

Find out more about Justin Donald at:

 

Free Valuable Report for our Listeners: “3 Beliefs About Money Your Kids Should Learn That No One is Teaching Them”

https://goodmoneyframework.com

 

 What you will learn:

  • How lifestyle investing is different
  • Lifestyle investing requires a change in mindset
  • Clarify your ideal lifestyle
  • Long-term accumulation vs. short-term cash flow
  • Follow the blueprint
  • How to avoid bad investments
  • Where to find good investments
  • You can start anywhere

 

Quotes:

  • “Because when you own your time, then you own everything.” – Justin Donald
  • “Because when you’re clear on what you want, it becomes a whole lot easier to pursue things that are going to line up with that outcome.” – Justin Donald
  • “That gave me a lot of comfort and confidence, so I might not know how to figure out how to make $36,000, but I could figure out how to make $3,000 a month.” – Justin Donald
  • “I took action because I saw other people do it. And I have a very strong conviction that if someone else can do something, I can do it too as long as I have that blueprint.” – Justin Donald
  • “Sometimes, you have to bet on yourself.” – Derrick Kinney
  • “I just think money is a great tool and in the right hands, it can just magnify the good that is done in the world. And I believe that to the deepest part of my soul.” – Justin Donald
  • “So, if you’re just looking purely based on what it was in the past, you’re missing all the opportunities of the future.” – Justin Donald
  • “I didn’t start with a pot of cash and I’ve never had a big exit that gave me a substantial amount of income to invest. I just hit a whole bunch of singles and doubles.” – Justin Donald