While the world is desperately clinging to the average, in CashFlow Tactics we will show you the path to RISE UP and escape the CULT of the average.
The average American makes $48,500 a year, has never directly owned stocks in their life, and lives in a household that’s over $145,000 in debt. And while this IS average, does that mean you have to settle for it?
When you go to a financial advisor and ask them to come with a plan for you, chances are, they won’t create one with your best interests in mind. They’ll create a plan based on average life expectancy, income, tax bracket, and market return.
An average plan yields average results. There’s no other way around it. To achieve financial freedom, you need a plan that caters to your personality, situation, and needs. You need a plan that allows you to rise up.
If you’re looking for a way to escape the Cult of the Average, this week’s episode is just what you need.
- Introduction (00:00)
- How the CashFlow Community can change your perspective (02:11)
- What’s exactly “The Cult of Average” (06:53)
- Law of averages and regression toward the mean (14:34)
- The Happiness Advantage and statistical outliers (20:03)
- What Brad’s three degrees thought him (28:23)
- How Brad’s life changed completely in 2008 (31:33)
- Why Ryan, Brad, and Jimmy partnered up for Cash Flow Tactics (35:03)
- Closing thoughts (42:00)