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The Disastrous Impact Of Emotional Spending in Personal Finance with MIlad Rahnama
Manage episode 431462159 series 2901522
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Are you struggling with emotional spending and looking for a way out of personal finance chaos? Milad Rahnama reveals his personal journey of transformation, showing how shifts in mindset led to a life-changing ripple effect. He talks about the strategies that allowed him to take control of not only his finances but also his overall well-being.
Milad found himself $150,000 in debt, only having the energy and capacity for three hours of activity, getting divorced and at risk of losing his children. It was a definite wake-up call, yet what did Milad do differently when this situation caused so many other men to spiral out of control? In his own words, he had a mere 1% chance to change things and stay in his kids' lives and yet he fought to win that chance! Milad's story reminds us that even in our most challenging moments, we possess the ability to rewrite our stories and reclaim control. From overcoming emotional spending habits to finding balance and purpose, Milad's story is one of hope, courage, and the unwavering belief that it's never too late to rewrite the script of our lives.
In this episode, you will be able to:
- Learning practical strategies to overcome emotional spending habits.
- Uncovering the benefits of hiring a coach for personal growth.
- Exploring the transformative journey of life after divorce and finding new beginnings.
- Discovering effective ways to manage debt and achieve financial recovery.
The key moments in this episode are:
00:04:02 - Rock Bottom to Recovery
00:12:28 - Fighting for Change
00:17:13 - Finding Strength and Perseverance
00:19:06 - Importance of Support and Self-Care
00:28:17 - Addressing Financial Challenges
00:33:51 - Identifying Emotional Spending
00:39:44 - Changing False Beliefs About Money
00:43:27 - Investing in Personal Growth
Connect with Milad Rahnama
Website
https://www.instagram.com/alpha_fitnessdad/
Connect with Mike Forrester
Podcast Website
https://LivingFearlessTodayPodcast.com
Coaching Website
https://www.linkedin.com/in/hicoachmike/
Youtube
https://www.youtube.com/@hicoachmike
https://www.facebook.com/hicoachmike
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