Today, Tom dives into the concept of freedom and the various financial traps that can hinder wealth building. He emphasizes the importance of understanding debt, retirement accounts, the tax system, home ownership, inflation, reliance on government support, and hidden fees in finance. Tune in today to hear more about taking control of your financial lives and make informed decisions to achieve true freedom and wealth.

Highlights

01:04 - Perspective in financial decision-making.

03:39 - Debt as a wealth-building trap.

05:57 - Student loans and the burden of debt.

09:47 - Rethinking retirement account contributions.

11:59 - Impact of tax system on wealth building.

14:19 - Homeownership as a financial trap.

17:08 - Inflation and devaluation of currency.

19:23 - Government reliance and personal financial control.

20:57 - Hidden fees in financial services.

Episode Resources

• Connect with Tom Suvansri

• https://perennialpride.com/

• https://www.facebook.com/perennialpride/

• https://twitter.com/perennialpride

• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

Call to Action

Schedule a Call with Tom

How to Listen:

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In this podcast episode, Tom explores the concept of wealth beyond just financial capital. He emphasizes the importance of various forms of capital, including time, health, relationships, and purpose, in achieving a fulfilling life. Through personal anecdotes and reflections, he encourages listeners to assess their own wealth in these areas and take intentional steps towards improvement.

Highlights

01:31 - Realizing True Wealth Beyond Finances

04:44 - Five Forms of Capital: A Holistic Approach

05:54 - Financial Capital: Importance of Cash Flow

07:12 - Time Capital: Prioritizing Your Time

09:59 - Health as Wealth: The Need for Vitality

13:49 - Relationship Capital: Importance of Social Ties

16:41 - Purpose Capital: Finding Meaning in Life

19:19 - Self-Assessment for Growth in Wealth Areas

Episode Resources

• Connect with Tom Suvansri

• https://perennialpride.com/

• https://www.facebook.com/perennialpride/

• https://twitter.com/perennialpride

• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

Call to Action

Schedule a Call with Tom

How to Listen:

Subscribe on Youtube

Listen on Spotify

Join Tom today as he discusses the importance of self-investment and personal growth during uncertain times. He emphasizes the need to look within ourselves to identify opportunities and strengths, encouraging listeners to dream big and overcome fears. Tom shares insights on turning problems into opportunities, taking action, and seeking feedback from trusted individuals. Tune in to hear more about the value of embracing discomfort as a means for growth and success.

Highlights

01:03 - “Acres of Diamonds” story.

03:36 - Investing in yourself first.

04:54 - Self-awareness and the blueprint process.

07:01 - Solving everyday problems like in Shark Tank.

11:07 - The importance of dreaming and aspirations.

13:56 - Leveraging unique talents for impact.

16:59 - Gauging your skills through trusted opinions.

19:51 - Learning through discomfort and failure.

21:58 - Encouragement to embrace action and growth.

Episode Resources

• Connect with Tom Suvansri

• https://perennialpride.com/

• https://www.facebook.com/perennialpride/

• https://twitter.com/perennialpride

• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA

Call to Action

Schedule a Call with Tom

How to Listen:

Subscribe on Youtube

Listen on Spotify