Your Financial Wake Up Call | Dave Ramsay EP 289

0:00Hi, my name is Lewis Howes and welcome to the Daily Motivation show.

0:10I firmly believe that taking charge of your mindset allows you to be in the driver's seat of your life and unlock your potential. And that's why I'm thrilled to share that my new book is out right now. It's called The Greatness Mindset. In it, you'll learn how to build a plan for greatness through powerful exercises and toolkits designed to propel your life forward. This is the book that I wish I had 20 years ago. It's everything I've learned in the last decade with the research and the science to help you unlock your mind. Make sure to go to lewishouse.com slash 2023mindset to pick up your copy of my book, The Greatest Mindset, today.

0:50What are you telling the people right now who are saying, you know what? I didn't follow your advice. I didn't do what I should have done. Well, I certainly don't say I told you so. That's not the message because I've been there. I've done stupid stuff too. and that's not helpful and it doesn't bring any healing. The thing is this, we all get wake-up calls. We get wake-up calls in our relationships, our spiritual walk, our leadership styles. We get wake-up calls in our finances. And some people, the phone's ringing off the hook right now. They're getting wake-up calls on a bunch of things. They're at home with their family and they're starting to realize, I was disconnected from my family.

1:33I haven't been plugged in. They've got a wake-up call on their relationships at home. They've gotten a wake-up call on, you know, I don't have any savings and I'm deeply in debt. This isn't working. The cool thing is when you get the call, then you have to make the choice. Are you going to answer the phone? If you pick the phone up, that means, baby, it's time to change. And you can look back and you might be 27 years old right now watching this and you're screwed. you lost your job you got no money you got no savings you feel like it's all over someday 27 year old you're going to be sitting on the back porch with your grandkid and you're going to remember back in all 20 there was the coronavirus and it changed my life you know and that you're going to be that guy and you're going to get that opportunity i was 28 years old when i lost everything it was my fault it was the s &l crisis the banking climate changed i'd built a house of cards i was stupid and the phone rang it was my wake-up call are you going to answer the phone are you going to change your life where you say never again i'm going to control the controllables to where i'm the little pig in the brick house never again that may be the only thing you get out of this crisis and if it is you got enough what's the biggest wake-up call for you that this has had?

2:57Maybe it's not the financial side of things or business because you guys are thriving. Is there something, you know, relationship, family, friendships, health? Is there anything that's woken you up? Well, I've spent the last 15 years pouring into our leadership team and the Ramsey personalities creating the succession plan of it's not a wake up call. It's more of a source of pride as to how our leadership team and our Ramsey personalities are reacting in the moment here without me coaching them. They already knew what to do. They're leading. They're out there doing it. And so it's just a sense of, ah, this is starting to work.

3:31You know, that kind of thing is, I don't know if it's a wake-up call as much as it is. It's very satisfying to say, you know, all that work of the last decade and a half of getting everybody ready to win because we were winning in a winning environment. But then when you get the pressures on and you get squeezed, you see what comes out and it's good stuff coming out. What year would you say was the last big wake-up call for you? I guess it's probably leadership and I probably get one of those calls every day. There's some days I'm a world-class leader and some days I'm just a butt. I own it. I get it, but you'd think as old as I am, I'd be doing better.

4:08So, but I know what I'm supposed to do, but sometimes I just don't have the energy to do it. I don't care. And I should just care more. I really should. I shouldn't be such a grouch.

4:27Thank you so much for listening to today's episode of The Daily Motivation, and I hope you have an amazing rest of your day. If you enjoyed this episode, make sure to click the link in the description. That will take you to the full episode of our main podcast on The School of Greatness. And if you are loving the daily motivation, please follow us over on Apple Podcasts and Spotify and leave us a review over on Apple Podcasts right now. And if you want more exclusive content and ad-free listening experience, make sure to subscribe to our Greatness Plus channel on Apple Podcasts right now. And if you want to get even more inspiration from our world-class guests and learn how to improve your life and take it to the next level, then make sure to sign up for the Greatness newsletter and get it delivered right to your inbox over at greatness.com slash newsletter.

5:17Again, have an amazing day, and I'll see you tomorrow with another episode of the Daily Motivation Show.

5:32Thank you.