
Give Your Money a Job with Nikki Nash
This podcast episode features Nikki Nash: entrepreneur, podcast host, author, and investor who has been mentored by the top 1%. Nikki shares insights into the distinct mindset and approaches of the ultra-wealthy, particularly their focus on investing rather than simply spending money. She illustrates this with the example of ensuring investments generate income to cover expenses, contrasting it with the more common approach of relying on earned income. The conversation highlights the difference between working for money and having money work for you, emphasizing the concept of passive income and the strategic use of debt as a non-taxable financial tool. Nikki and Christine delve into the idea of "good debt" versus "bad debt" and how the wealthy leverage assets to secure low-interest loans for further investment, leading to wealth accumulation. They discuss the importance of business valuation as an asset that can be used to obtain loans, a concept often overlooked by those focused solely on revenue. Nikki's personal journey of shifting her business philosophy from solely increasing revenue to building asset value is shared. The conversation also touches upon the role of mindset, frequency, and being open to opportunities, suggesting that attracting financial success involves more than just practical knowledge but also a certain level of awareness and receptivity. Connect with Nikki: https://www.nikkinash.com/ Watch the video: https://youtu.be/p-8cGtALxCg #WealthMindset #FinancialFreedom #InvestSmart #MoneyMoves #GrowYourWealth
From "Get Your FILL, Financial Independence and Long Life"
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