Wise & Wealthy: Being self-aware and avoiding money mistakes

Welcome to Wise & Wealthy: A weekly newsletter full of proven ideas to become smarter and wealthier. I send this every Monday and every other Thursday.

#1 – April 25, 2022

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Wise

Self-awareness (or knowing yourself) is important. But I’ve learned that it’s also one of the most difficult things that you can master in life. Benjamin Franklin put it best when he said, “There are three things extremely hard: steel, a diamond, and to know one’s self.”

Unfortunately, there’s no such thing as a universal answer to self-awareness. Everybody is different, and the only person that can teach you self-awareness is you. And I think you can accelerate the process of developing self-awareness by examining yourself consciously.

I did that by answering the following 27 questions. They can help you to become more self-aware.

↳ These 27 Deep Questions Will Improve Your Self-Awareness


Wealthy

I came across a study the other day that asked people where they burned most of their hard-earned money. The answer of over 64 million Americans? “Having fun.” Not that surprising.

When we overspend, it’s usually for leisure or on things we desire, but don’t really need. It’s a classic money mistake that many of us have made. 

It really makes a difference when we stop spending money on the things we don’t need. When we do that every day, and if we invest our money wisely, we build inevitable wealth.

There are also other money mistakes we often overlook. Some may seem small, but they leave a big impact. Here’s what they are and how you can start fixing them today.

↳ 5 Money Mistakes You Can Avoid to Achieve Financial Freedom


One interesting thing

Here’s a quote that I’ve been pondering.

“Change might not be fast and it isn’t always easy. But with time and effort, almost any habit can be reshaped.”

― Charles Duhigg, The Power of Habit: Why We Do What We Do in Life and Business


Thanks for reading! I hope you found this edition of Wise & Wealthy useful.

All the best,

Darius

Join the 7-day Stay Centered challenge

I’ve created a one-week email course that you can do together with a group. It’s called Stay Centered, and it will help you to reclaim focus and live a meaningful life.

When you’re centered, nothing can hurt you. You will have inner peace no matter what happens.

How to unlock Stay Centered

You can join the challenge for free. Every day, you’ll receive a short email with a small challenge that inspires you to live better. 

I highly recommend sharing it with your friends so you can go through the program together. I did it with my team, which was a lot of fun. 

Join here: dariusforoux.com/stay-centered

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