4 Ways to Create a Healthy Relationship with Your Money
In this episode, personal finance expert and author Darryl Lyons joins Katy to share a few simple mindset and behavior shifts that can transform your approach to money management as well as your overall financial well-being.
Having “enough” money is a chief motivator during the college experience. Many of us attend college so we can make good money once we graduate. Some of us decide not to attend college because of its high cost. And others of us are constantly worried about money because we feel we simply don’t have enough to live the life we want to live.
Worrying about money can be distracting. Plus, feeling like we lack money can limit our ability to be who we really want to be. It can cause us to choose majors we don’t like, do things we really don’t want to do, and feel stuck.
Today Darryl Lyons Shares the Following Ideas to Help You Shift Your Money Mindset:
Why you should pay very close attention to marketing.
How to focus on what you need instead of what others have.
Why you should give to nonprofits and charities even when you’re a broke student.
Strategies for paying down student debt after graduation.
Why the college degree has a great Return on Investment.
This episode is for aspiring college students, current college students, recent grads, and parents looking to approach managing their money in a more intentional and purposeful way.
Identify a good cause to donate to. How much money can you spare a month? Even 1 dollar a month to a good cause can make a huge difference. Tell me about your giving plans in the comments below, DM me on Instagram or tag me @collegehoodadvice or tag @collegehoodpod and @paxfinancialgroup on Twitter.
More About Darryl Lyons
Darryl Lyons, Certified Financial Planner (CFP) and a Behavioral Financial Advisor (BFA), is considered an expert in the area of personal finance and author of several books; his latest was endorsed by Dave Ramsey. Darryl’s company PAX Financial Group has made the Inc. 5000 fastest growing companies in the country. Author, entrepreneur, community leader and family man, Darryl wears many hats and understands what it takes to plan for financial freedom. Among his many accolades, Darryl is most proud of the San Antonio Business Journal naming PAX Financial one of the best places to work. He was also a nominee of the John C. Maxwell Leadership Award and recipient of the Small Business Person of the Year award for mentoring others. Darryl was also recognized by the State of Texas and Mayor Ivy Taylor. A community leader, Mayor Julian Castro recognized Darryl for his involvement in redeveloping a part of the city by naming a park, the Darryl W. Lyons park, in his honor. Darryl’s latest mission is to help redefine retirement where we no longer think of retiring but rather PIVOT into the next chapter of life with purpose. This idea is rooted in thousands of one on one conversations with people about money and a relatively new study called behavioral finance.
Links and resources mentioned in this episode:
Connect on Twitter @paxfinancialgroup
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