Preview Mode Links will not work in preview mode

Series 1: Exceeding Expectations - Episodes 1 to 100

Series 2: Happy vs Flourishing - Episodes 1 to 25

Series 3: Habits & Health - Episodes 1 to ?

Apr 14, 2020

Vicki Wusche is on a mission to re-write the definition of the word "retirement" because the current understanding of it immediately turns people off.

“That distraction creates debt and the debt creates stress and then you’re stressed and you have to buy more and this is the clever thing about marketeers is that they make you stressed by putting you into debt so you’re then more stressed so you need to buy more stuff and that’s how we’ve created our world"

Vicki helps people understand:
  • Finances - how much they really NEED to cover the bills and then how much more to enjoy life over the basics - about 80% fall in this camp
  • Realise that thinking something else is the cause of their stress or need to change - when in fact it is a feeling of ‘lack of control’ over their life caused by a reliance purely on wages to support their family. IE if they don't work their family starves
  • Thinking that they need to generate £10,000’s to be happy - where in fact knowing that you have £500- £2,500 more income a month because of different strategies can release so much pressure and help clients to shift to a whole new mindset much faster
 
This is particularly pertinent now given so many people will be experiencing a level of financial pressures due to so many people not being able to work and not earning money.
 
Vicki's two top tips - especially now:
 
  1. Sit down with those most important to you and decide what really matters - now all the hustle and bustle has been stripped away - what do you value most. Continue the thinking so that you start to discuss how you would like to live and what will matter to you once the restrictions are lifted
  2. Understand that all this government borrowing will need to be repaid somehow. While we would all like to think that a thriving economy and more employment could raise sufficient taxes - it does not stack up mathematically. That means that we will face years of increased taxes or austerity or both while the government repays what it has borrowed with interest. Our only hope is that globally all countries can agree to suspend interest and reduce debt by 50% to give them all time to heal and regrow … we will have to see.
In the meantime you need to prepare financially - increase your own financial intelligence. Understanding your numbers, monitor your expenses and manage your income. Above all avoid taking on unnecessary debt as this will increase your burden down the line
 
If you would like a personalised report covering the five principles of Surviving Wealthy and creating a Wealthy Future Financial Plan then you can take Vicki's online assessment at: https://vickiwusche.com/scorecard
 
Vicki has written many books.
Her main book is The Wealthy Retirement Plan: A revolutionary guide to living the rest of your life in style - totally relevant now if you just change the word "retirement" for "future".
This is where the scorecard comes from and where the Wealthy Resources are from.
The book is an Amazon number one best seller and top 25 for over a year plus Business Book Award Finalist

Vicki's Favourite Quotes:

“If you always do what you always did,you will always get what you always got.”

Albert Einstein

and

"Don't lower your expectations to meet your performance.Raise your level of performance to meet your expectations. Expect the best of yourself,and then do what is necessary to make it a reality."

 

VickiWusche.com and VickiWusche.com/scorecard 
Facebook.com/VickiWusche
LinkedIn.com//VickiWusche
Youtube.com//VickiWusche
Instagram.com//Vicki_Wusche
Twitter.com/VickiWusche
 
Exceeding Expectations links:
www.ExceedingExpectations.me
Facebook Group
Twitter
LinkedIn
YouTube
How to leave a podcast review:
https://tonywinyard.com/how-to-leave-a-review-for-the-podcast/

Please could I ask you a favour? Would you mind sharing this episode with one person you feel will get value from the content?

Full shownotes including transcription available at:
https://tonywinyard.com/ee082-vicki-wusche/