Welcome to Wise & Wealthy: A weekly newsletter full of proven ideas to become smarter and wealthier. I send this every Monday.
#94 – October 23, 2023
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Wise: Rewiring your mind
Many people used to think that reaching a certain age meant your brain stopped evolving. That’s where the saying “you can’t teach an old dog new tricks,” comes from.
It might be harder to rewire your mind as you get older. But recent studies have shown that’s not entirely true.
Our brains are more like plastic that you can mold. It exhibits “neuroplasticity,” which means our brains constantly shape who we are.
In fact, every time we learn a new skill, our brain adapts. It can change in size and structure to accommodate the new things we learn. Our brain evolves.
Research also suggests that actively engaging your brain helps prevent or delay degenerative brain diseases.
Look at it this way. By performing certain actions or habits, you can change the way your mind operates.
Wealthy: Direction of the economy
Understanding the trends of the global economy helps us decide our careers, finances, and investments.
But that’s hard because who can you trust? Who should you believe?
So many experts, so many opinions. What we can all agree on is that the economy is in a state of constant change.
The question is: What type of change should we expect in the economy?
In my new article, I’ll briefly share the headwinds that are slowing down the global economy and discuss the tailwinds that could potentially drive it forward.
This knowledge helps us to make informed decisions about our financial future.
In an era of uncertainty, understanding the factors that influence the global economy is not just beneficial — it’s essential.
Hint about my conclusion: Optimism is the way.
One interesting thing
When people talk about how nice it must be to live the lives of successful people, and how the grass is always greener on the other side, I remember The Last Dance.
It’s a Netflix documentary series about Michael Jordan’s last season with the Chicago Bulls. One of Jordan’s quotes is especially memorable:
“It’s funny. A lot of people say they’d like to be Michael Jordan for a day or for a week. But let them try to be Michael Jordan for a year. See if they like it… Let them see that it’s no fun.”
Thanks for reading! I hope you found this edition of Wise & Wealthy useful.
All the best,
Join the 5-day Financial Freedom Challenge
I created a 5-day email course you can do alone or together with a group. It’s called the Financial Freedom Challenge. And it will help you to gain control over your finances.
Most people try to calculate their way out of poor finances. But money problems aren’t rational. They’re emotional. Manage your emotions well, and you’ll manage your finances better.
How to Unlock the Financial Freedom Challenge
You can join the challenge for free. For five days, you’ll receive a short email with a small challenge that inspires you to improve your relationship with money.
I highly recommend sharing it with your friends/family so you can go through the program together. It helps bring perspective. And it’s more fun that way too.
Join here for free: dariusforoux.com/financial-freedom