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image of a treadmill for the blog post titled: The Hedonic Treadmill Costs You Money

The Hedonic Treadmill Costs You Money

image of a treadmill for the blog post titled: The Hedonic Treadmill Costs You Money

The hedonic treadmill is a behavioral finance concept that predicts that people’s happiness spikes with spending, but then quickly reverts back to its original place.

We discussed how the hedonic treadmill affects your money on The BIGG Success Show today. Here’s a summary of that discussion.

This show was inspired by an article on the Quicken Loans site by Jackie Lam. We talked about what the hedonic treadmill is, how it affects your money, and how to avoid getting stuck on it. This show is a reminder for us. We hope it helps you too.

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image of stock market graph on a laptop for the blog post titled: the best investment strategy for normal people

The Best Investment Strategy for Normal People

image of stock market graph on a laptop for the blog post titled: the best investment strategy for normal people

The best investment strategy for normal people (i.e. non-financial types) is simple. Yet it tends to yield better risk-adjusted returns than a commonly touted investment strategy.

We discussed whether or not the stock market is haunted on The BIGG Success Show today. Here’s a summary of that discussion.

This show was inspired by recent fluctuations in the stock market. What’s the best investment strategy to deal with these fluctuations, if you’re a normal person (i.e. non-financial types)?
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Maintain an Abundance Mindset blog post title image

Maintain an Abundance Mindset Amid the Scarcity

Maintain an Abundance Mindset blog post title image

An abundance mindset creates more abundance. So why do so many people only see scarcity?

We discussed abundance and scarcity on The BIGG Success Show today. Here’s a summary of that discussion.

This show was inspired by an article on Forbes by Ginger Dean, founder of Girls Just Wanna Have Funds. We talked about how your mindset affects your money, your career, and your life.

We write this as a reminder to ourselves. We hope it helps you as well.

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The Professor & Mary-Lynn Logo

Beyond Personal Finance to Personal Entrepreneurship

The Professor & Mary-Lynn Logo
Personal finance advice is everywhere. We want to introduce you to personal entrepreneurship. It goes beyond personal finance. Here’s the backstory…

Click the player to hear us talk about our new direction plus at the very beginning, hear our new, catchy Ballad of BIGG Success!

We announced a fun change on The BIGG Success Show today: We’re “The Professor and Mary-Lynn.” Listen to the show to get the full flavor. It highlights our new direction – which is really a return to our roots.

We help you understand the entrepreneurial mindset. It’s not just for business owners. It’s a way of thinking which will help you:

  • take control of your personal finances
  • bring more meaning to your work
  • feel confident you’re making the best decisions
  • stand out in your field so you advance in your career
  • have more time for the people and things most important to you
  • create a legacy
  • be truly happy

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How to Be a Finance Action Hero

finance-action-hero-peita-diamantidis

Listen to the conversation about Finance Action Hero with Peita Diamantidis, George Krueger, and Mary-Lynn Foster on The BIGG Success Show Podcast. Click play to listen.

On The BIGG Success Show today, we were pleased to be joined today – all the way from Australia – by Peita Diamantidis (@peitamd on Twitter). She is the Co-Founder of Caboodle Financial Services and sidekick at Zaptitude.

She’s also a self-described financial maths nerd and movie geek. We spoke with her about her fantastic book, Finance Action Hero*.

For you fellow film buffs, we’ve never seen a book about money with so many movie mentions!

So do you want to be a Finance Action Hero? Then listen to the show and you’ll discover:

  • the key differentiator between somebody who succeeds and someone who doesn’t
  • the good news about how you succeed financially
  • what you can learn from watching kids and adults at the beach
  • the reason so many people miss out on their adventure of a lifetime
  • how great coaches get their team to win in spite of the odds
  • the two things to do when you’re feeling financially overwhelmed
  • why high-performing athletes don’t focus on their strengths
  • the surprising mistake many people make: calling in the experts too soon
  • why you should not have a Rainy Day Fund (and what you should do instead)

We thank Peita for sharing her time and wisdom with us. And we highly recommend her book to you.

The book is like having a conversation with Peita. She’s removed all the financial jargon so it’s easy for anyone to understand. It’s fun, yet incredibly informative. You, too, can be a Finance Action Hero!

Thanks so much for reading this summary of our show. If you found this helpful, would you share it with your friends?

Until we “meet” again, here’s to your BIGG success!

– George & Mary-Lynn

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Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/00929-081816.mp3

*Denotes an affiliate link, which means if you make a purchase after clicking on the link, we will make a nominal fee.