Ep 0049 Inspired Money with Andy Wang

Written by Rocky Lalvani

Inspired Money with Andy Wang

From making it to giving it away, INSPIRED MONEY means making a difference, creating something bigger than oneself, and maybe even making the world a better place – Andy Wang.

Take away: Lead with gratitude and bring balance to all the different pillars in your life.
Action step: Do something that scares you this week.

 

Money Learnings: Andy learned a lot from his dad growing up, school however taught him very little. Andy’s dad was the director of research at the Bank of NY. They would have dinner conversations about companies, their financials and how  management was doing.
Highlights from this episode:
  • How we are teaching our kids about money from a young age. For more indepth story on this subject check out this episode: Ep0018 Raising Money Savvy Kids with Doug Nordman
  • Why Andy joined the family business as a financial advisor.
  • The firm issued financial hurricane alerts in 2000 and 2008 – we discuss the current market and what the concerns are today.
  • People with high earnings are not saving enough, that’s not going to have a good outcome.
  • Andy talks about 4 Pillars of Health: Financial Health, Spiritual Health, Physical Health, and Mental Health
  • Corporate food – how does this affect our health? Andy talks about how he just learned how to slaughter and clean a turkey.
  • Inspired money – changing your mindsets once you begin to build wealth.
  • Creating multiple streams of income.
  • How money doesn’t create happiness.
  • Know your purpose and desires so you know where you are and where you are going.
  • Giving back through volunteering.
  • Living with gratitude.

Bio: Andrew is a managing partner at Runnymede Capital Management. He’s been named one of the top 100 Most Social Financial Advisors. He also contributes to the Huffington Post and has been quoted in a major investment publications including Barrens and Forbes, He also has a podcast called Inspired Money http://www.runnymede.com/ “I’m on a mission to better myself + those around me.”

You can hear Andy’s show Inspired Money at  http://www.runnymede.com/podcasts/

 

email comments to: rocky@richersoul.com

Background Music: https://www.bensound.com

Check out this episode!

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