Lifebuilder with Stephen Courson

Why are so many people making over $100,000 a year living paycheck to paycheck? This is a demographic called HENRY, High Earner, Not Rich Yet. Part of the problem has to do with the new amount of options they have available to them. It lifts them into a new category of spending and the lifestyle options increase. Once we add FOMO and CYTO to this equation along with poor discipline, we get a recip...

Know that we are more aware of our behaviors and have put a few of the foundational secrets in effect, we can dive into some more actions that DO NOT take much time at all that are scientifically proven to increase your net worth. It is important we focus on our Time, Energy and Money on the things that matter so making sure we understand clearly what we are aiming for in the long term will enable...

In part two of the mini-series, we discuss ways that  you can "win" the money game.  We discuss the 7 types of money personalities at a high level. There is more detail on them in Episode 65 of the Stephen Courson Show if you want to know more. It's important to know thyself if you are going to win the money game? Why? Because you to win the game you have to master yourself. It soun...

In the first part of the mini-series, we define True Wealth and the Four Types of Wealth (4TOW).  The pandemic has caused people to realize more than ever that while money is important, it isn't the key to happiness. We see this in the ongoing battle of companies wanting people to return to the office and employees are battling back saying no en masse. It's because they've found oth...

This is the end of the Millennial Lifestyle Subsidies. What does that mean? All the cheap services we have become hooked on for their superior quality and ease of use will no longer be cheaper than more traditional options. AirBNB will continue to be just as or more expensive than hotels. GrubHub will kill your wallet with delivery fees, taxes, and other fees that make it not worth using. In my op...

The bitcoin market moves in cycles and the rest of crypto follows. Every 4 years, we have a dip. Why is that? In this podcast, I'll talk about why every 4 years we seem to go through a Bitcoin and crypto is dead phase and why it continues to rise from the ashes. Is it different this time around? A little bit. But its also a lot of the same. Love This? Leave a Review Help more pros find us and...

Reskilling is the act of training in a skill that you do not currently have. It is different from upskilling, which is where you get better at something you already do. Reskilling has been a big focus of money during the pandemic as people decide they aren't happy with their jobs and want to do something else. There has never been a better time to start a side hustle or change your career! Th...

We know social media causes us to spend a lot of time on there, but research shows that we are now spending more money than ever on social media! If that's not enough, that number is only expected to skyrocket in the next 3 years. Our brains have already been hacked to spend money on social media, but now our wallets are beginning to get hacked as well. Saved credit cards, quick buy buttons,...

A news article just came out talking about this statistic. Is it true that people making $250,000 a year are living paycheck to paycheck? Yes! Is it kind of misleading? Also yes!  Let's dive in and talk about what the story really is about because its about more than the top 5% of earners in the USA. It's a story that's relatable to almost everyone in every earning category. Love Th...

SOUND THE ALARM! Amazon's stock price just declined over 90% in one day! Is it the end for Amazon? Is Uncle Joe Biden shutting them down for Jeff Bezos talking back to him about inflation? Will I ever be able to get 2-day Prime shipping again or will I be forced to actually go to a...physical store?! Don't worry, its none of those things. It's called a stock split and its important...

Having kids. Buying a home. Getting married. These are some life changing events. And I'd argue quitting a job to chase a dream is right up there with it.  I'm excited to announce that I'm going full-time into...this. Love This? Leave a Review Help more pros find us and just take 10 seconds:   • Apple Podcasts: [https://shorturl.at/Jhlez]   • Spotify: [https://shorturl.at/8IeVM]  Re...

Love This? Leave a Review Help more pros find us and just take 10 seconds:   • Apple Podcasts: [https://shorturl.at/Jhlez]   • Spotify: [https://shorturl.at/8IeVM]  Read This Book Stephen wrote What Do You Want? Choose For Yourself Or Someone Else Will to inspire ambitious people to get clarity on their personal and professional lives and then make it happen. Connect with Stephen Website: lifebuil...

People have been asking this question a lot recently and its an important question to consider when you have a great investing opportunity available. But considering your risk vs reward in these scenarios is incredibly important. Investing your emergency fund is controversial, but don't worry, I've got the answer you can trust to be the right one. Love This? Leave a Review Help more pros...

The markets are red. All over. It's getting historically bad. So let's talk about the fear and greed index and how to handle our emotions during times when you are losing money. The good times have been good, but they're going to be gone for a while. Listen in on the first ever Therapy Session and lets talk through this together. As Bob Marley said, Don't worry...about a thing....

You've gone through life asking the wrong question. We are taught to focus on how much things cost but that does you a massive disservice.  It causes you to erase the possibility of potentially engaging or purchasing something that will give you a tremendous amount of value.  Millionaires train themselves to think differently about everything because they realize why its important to think be...

There is a fascinating intersection between the richest man in the world, Elon Musk, trying to buy Twitter and the major news networks and elitists doing everything they can to block him. He wants to take the company private and make everything transparent which would upend the power of censorship that all social media companies currently get to wield without any consequences.  It is not in the be...

Job openings. Interest rates skyrocketing. War continues to rage overseas. Lots of bad news came out the past two weeks. So is a recession guaranteed? Should you run for shelter? Probably not, shelter is very expensive right now. But we'll go through the things you need to be aware of and how I know whether or not we are going into a recession. Love This? Leave a Review Help more pros find us...

Becoming a millionaire is pretty simple. You can figure out how to do it by surfing the internet for about 20 minutes. Multiple different ways to become rich and financialy independent. So why isn't everyone a millionaire then if all it takes is 20 minutes to find out how to do it? Because knowledge is not the biggest part of becoming a millionaire! It actually comes down to daily habits and...

To say I "broke the internet" with my post this week about not paying down my home may be an exaggeration.  But I got more "hate-mail" and people showing general interest on this topic than any other before. And I get it. It's a hot button topic primarily because paying down your home is some of the most basic finance advice that parents have passed on. Well,  that used to...

Have you ever created a budget but it didn't really stick? Do you think budgets are restrictive and mean you have to have less fun? Have you never created a budget but think things are fine the way they are? If that's the case, you probably never created a budget that actually worked. There's probably a few reasons why it didn't and on this episode, we are going to dive into ex...

Inflation. Ukraine at war with Russia. Supply chains are broken. The government keeps screwing up their policies and causing market havoc.  It all seems pretty bad, and it is, but it is likely going to get worse. That's not being alarmist, just reality. But that doesn't mean there's nothing you can do about it. In this episode, we will discuss what is happening at a 10,000 foot leve...

Stocks are going down. Crypto is going down. NFTs are going down. Even art is going down it seems! The reality is that dips in an asset class are very healthy and part of the natural cycle of investing. They can be great opportunities if handled properly.  But too many people can throw money into something just because someone told them too without properly setting themselves up for success in tha...

They're calling it The Great Resignation. More people than ever are leaving their jobs for new ones or to start their own business.  Jobs have to cater to these new demands of the workforce brought on by the pandemic or lose valuable talent! But does that mean you should quit? Maybe. Be sure to consider these 5 things as you interview for other positions or companies. Salary is not the only t...

Do you know what the 4 Types of Wealth are? They seem obvious once you hear them, but most people don't know what they are.  Time Wealth, Health Wealth, Financial Wealth and Social Wealth are the four types of wealth that every person has some level of. The question is how focused are you on them? Most people are usually only focused on 2 of them at any point in time and leave the others unat...

Inflation at the highest its been in 40 years. Real estate skyrocketing. Supply chain disruption making every day items more expensive. Stocks are down big time in 2022.  Are we heading into a recession? It's hard to say but we can be prepared for when we do go into a recession. Did I say "when"? Yes I did, because recessions are a natural part of the economic cycle and there is no...