He became the cautionary tale to the rest of the family.
His father’s money demon was succumbing to impulsive behavior. Hi I’m Robroy Wiley, Investor Coach. One of the challenges is helping my clients recognize the behaviors that can derail them from achieving their financial goals and dreams and learning how to disarm them.
His father did not want to control his impulses, in fact he relished in them. He wanted people to get the impression that he could bankroll a lavish lifestyle.
His impulsive behavior led him to spend the family inheritance within a span of three years. During that time, he lived ostentatiously at the Boca Raton Bath & Beach club.
The son recognized the destruction of his father’s money demon, which led the son to a behavior of working hard, saving, and a career as an investor coach.
His father’s personal gain from the impulsive behavior was avoiding responsibility. And his father’s money demon cost him the relationships with his son and grandson.
His impulsive behavior crushed the American Dream, of my great grandfather on leaving the next generation better off than the one before.
I’m Robroy Wiley, Investor Coach. To learn more about my coaching and Investor education workshops and bootcamps, visit smartplaninvesting.com.
It sheds light on those mindsets and behaviors that have been adopted since childhood.
It’s the good behaviors and mindsets, we want to encourage. It’s the negative ones that we want to shift. Those negative mindsets that can be holding us back from moving forward.
The Mind Over Money Group workshop is 5 sessions that;
- Evaluates our mindsets around money & investing that destroy our peace of mind.
- Discover what is your true purpose for money.
- Defeat those money demons and take positive steps forward.
- Focus on your Future View “Goal Setting’ session – utilizing your true purpose for money.
- Evaluate what you are exchanging from feeling truly wealthy.
The Mind Over Money Group workshop is presented by Robroy Wiley, Investor Coach.
Watch our Purpose for Money Series