In this episode of the podcast, Hazel delves into the powerful concept of "you can only spend it once," inspired by her husband's insightful saying. She encourages listeners to reflect on their spending habits and consider the long-term implications of their financial choices.

KEY TAKEAWAYS

• You Can Only Spend It Once: The concept emphasizes the importance of being mindful about spending money, as each expenditure is a one-time decision that impacts future financial goals.
• Awareness of Internal Conflicts: Reflecting on what you want your money to do for you can reveal internal conflicts between immediate desires and long-term financial goals, leading to more conscious spending decisions.
• The Power of Delayed Gratification: Choosing to delay immediate pleasures, such as daily coffee purchases, can lead to significant savings over time, which can be invested for future growth.
• Compound Interest Benefits: Regularly saving and investing small amounts, like the cost of a daily coffee or lunch, can accumulate to substantial sums over time due to the effects of compound interest.

BEST MOMENTS
"You can only spend it once. So we're going to really explore the idea of this and how you can really start to notice where your money goes."

"As soon as your money leaves your pocket or bank account, it's gone. Never to be seen again unless you have invested it consciously."

"If you were to apply the principle of pound cost averaging into some sort of investment vehicle that could make you 10% a year... it would be about £20,000."

"This is particularly important for the youngsters of today, because a lot of youngsters think about the quick fix, the instant gratification."

VALUABLE RESOURCES

Click here to download your FREE gift, our Financial Freedom Spreadsheet, to help you get a 'snap shot' of your finances...

https://www.the-freedom-club.com/financial-freedom-spreadsheet-landing-page

ABOUT THE HOST

Having started her career as a professional, classical musician, Hazel de Kloe also had a personal quest to become financially free.

She and her husband built a successful, multi-million-pound property business, next to their own careers, but soon realised that true freedom doesn’t JUST come from being financially independent…

Having meant so much to her family, it has been her passion ever since, to inspire, educate and empower others on their journeys towards this 'Holy Grail'.

During one particular property mentoring session back in 2009, she had a powerful recognition of exactly how to facilitate this. Nicknamed now, The Wealth Whisperer, she has a unique way of getting to the crux of what is needed to help fulfil this quest.

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