In this episode Hazel delves into the critical importance of decision-making in our lives and its impact on our well-being and success. Drawing from personal experiences and observations, the host emphasises that successful individuals tend to make quick decisions and change their minds slowly, while less successful people often struggle with indecision.

KEY TAKEAWAYS

• Decision-Making and Wellbeing: The ability to make quick and effective decisions is crucial for personal wellbeing and success. Successful individuals tend to make decisions swiftly and change their minds slowly, while less successful individuals often do the opposite.
• Trusting Yourself: Many people are not taught to trust their instincts when making decisions. It's important to align choices with personal values and desires rather than societal or familial expectations.
• Impact of Environment: A supportive environment, especially during childhood, plays a significant role in developing decision-making skills. Lack of encouragement can lead to individuals feeling pigeonholed and unable to pursue their true passions.
• Exploring Personal Interests: Young people often receive prescriptive career guidance that doesn't account for their unique interests and strengths. This can result in unfulfilling career choices, highlighting the need for self-exploration.

BEST MOMENTS
"Successful people make decisions quickly and change their minds slowly, while less successful people make decisions slowly and change their minds quickly."

"It's only your life, only you can live it."

"When you are able to make decisions and choose things which feel good to you, it's almost like you then are able to act in flow."

"You have infinite options. The question is, which path are you going to choose?"

VALUABLE RESOURCES

Click here to download your FREE gift, our Financial Freedom Spreadsheet, to help you get a 'snap shot' of your finances...

https://www.the-freedom-club.com/financial-freedom-spreadsheet-landing-page

ABOUT THE HOST

Having started her career as a professional, classical musician, Hazel de Kloe also had a personal quest to become financially free.

She and her husband built a successful, multi-million-pound property business, next to their own careers, but soon realised that true freedom doesn’t JUST come from being financially independent…

Having meant so much to her family, it has been her passion ever since, to inspire, educate and empower others on their journeys towards this 'Holy Grail'.

During one particular property mentoring session back in 2009, she had a powerful recognition of exactly how to facilitate this. Nicknamed now, The Wealth Whisperer, she has a unique way of getting to the crux of what is needed to help fulfil this quest.

CONTACT METHODS

Website
Instagram

In this episode, Hazel delves into the concept of the learning curve, particularly in relation to money and finances. Drawing from personal experiences as a former teacher and current property expert, the discussion outlines the four stages of learning: unconscious incompetence, conscious incompetence, conscious competence, and unconscious competence.

KEY TAKEAWAYS

• Four Stages of Learning: The learning process consists of four stages: unconscious incompetence, conscious incompetence, conscious competence, and unconscious competence. Each stage represents a different level of awareness and skill in managing finances.
• Unconscious Incompetence: This stage is characterised by blissful ignorance regarding financial management. Individuals may not be aware of their spending habits or the implications of their financial decisions, often leading to overspending and financial stress.
• Conscious Competence: At this stage, individuals begin to understand their financial situation and actively implement strategies to manage their money better. This includes budgeting, cutting unnecessary expenses, and seeking better deals on bills and services.
• Unconscious Competence: In this final stage, financial management becomes second nature. Individuals automatically apply their knowledge and skills to grow and protect their wealth, allowing them to enjoy life while securing their financial future.

BEST MOMENTS
"There's a saying which again you may or may not have heard in the past which is you don't know what you don't know."

"This is the blissful ignorance stage. And we've all been there, right? Whether you still are, because you're either not a driver or you're learning to drive."

"You need to become consciously incompetent, right? And this is where you begin to realize, well, something needs to change."

VALUABLE RESOURCES

Click here to download your FREE gift, our Financial Freedom Spreadsheet, to help you get a 'snap shot' of your finances...

https://www.the-freedom-club.com/financial-freedom-spreadsheet-landing-page

ABOUT THE HOST

Having started her career as a professional, classical musician, Hazel de Kloe also had a personal quest to become financially free.

She and her husband built a successful, multi-million-pound property business, next to their own careers, but soon realised that true freedom doesn’t JUST come from being financially independent…

Having meant so much to her family, it has been her passion ever since, to inspire, educate and empower others on their journeys towards this 'Holy Grail'.

During one particular property mentoring session back in 2009, she had a powerful recognition of exactly how to facilitate this. Nicknamed now, The Wealth Whisperer, she has a unique way of getting to the crux of what is needed to help fulfil this quest.

CONTACT METHODS

Website
Instagram

In this episode, Hazel explores the concept that saving alone is not a viable path to wealth, especially in the context of low interest rates and currency debasement. Drawing on personal experiences and statistics, the discussion emphasises the importance of investing in well-performing assets, such as property and cryptocurrencies, to outpace inflation and grow wealth over time.

KEY TAKEAWAYS

• Saving Alone is Insufficient for Wealth: Simply saving money in a bank account is not enough to build wealth, especially given low interest rates and the impact of inflation and currency debasement.
• Understanding Inflation and Currency Debasement: To maintain the value of savings, one must save at least 11% annually to counteract the effects of currency debasement and inflation, which can significantly erode purchasing power.
• Investing in Assets: Investing in well-performing assets, such as property or stocks, can yield much higher returns compared to traditional savings methods. Historical data shows that certain assets, like UK house prices and Bitcoin, have significantly outperformed savings accounts.
• The Importance of Time and Patience: Long-term investment strategies, such as compounding returns, can lead to substantial wealth accumulation over time. The story of a janitor who amassed $8 million through frugality and smart investing illustrates this principle.
• Choosing the Right Financial Guidance: While working with financial advisors can be beneficial, it’s crucial to select them carefully, as not all advisors prioritize their clients' best interests. Understanding where and how to invest is essential for financial success.

VALUABLE RESOURCES

Click here to download your FREE gift, our Financial Freedom Spreadsheet, to help you get a 'snap shot' of your finances...

https://www.the-freedom-club.com/financial-freedom-spreadsheet-landing-page

ABOUT THE HOST

Having started her career as a professional, classical musician, Hazel de Kloe also had a personal quest to become financially free.

She and her husband built a successful, multi-million-pound property business, next to their own careers, but soon realised that true freedom doesn’t JUST come from being financially independent…

Having meant so much to her family, it has been her passion ever since, to inspire, educate and empower others on their journeys towards this 'Holy Grail'.

During one particular property mentoring session back in 2009, she had a powerful recognition of exactly how to facilitate this. Nicknamed now, The Wealth Whisperer, she has a unique way of getting to the crux of what is needed to help fulfil this quest.

CONTACT METHODS

Website
Instagram