• The 1% Mindset: Wisdom, Wealth, and the War for Time — with Dr. George C. Fraser and Antonio T. Smith Jr."
    Jun 20 2025

    The 1% Mindset: Wisdom, Wealth, and the War for Time — with Dr. George C. Fraser and Antonio T. Smith Jr."

    In this exclusive masterclass disguised as a podcast, Antonio T. Smith Jr. sits down with Dr. George Fraser — global thought leader, networking titan, and elder of legacy — for a conversation that spans orphanhood to empire, trauma to triumph, and survival to sacred contribution.

    This is not an interview.

    It is an initiation.


    🔥 EPIC TAKEAWAYS & THEMES:

    🧬 1. Transmutation of Pain into Power

    • Dr. Fraser recounts being orphaned at age 2, raised in institutions and foster care — and how his brother’s tragic death became his defining path correction.
    • Lesson: “Don’t spend major time with minor people.”
    • “As they go, so shall you.” Be mindful of your circles.

    💎 2. Legacy Over Lifestyle

    • “I was mopping toilets at LaGuardia Airport when I learned: leave everything you touch just a little better than you found it.”
    • Fraser’s most life-altering moment came from a stranger in a bathroom at 1 AM.
    • Masterclass Quote: “Your life is your signature. Leave it signed in excellence.”

    ⚔️ 3. Why Black Men Must Design Systems, Not Just Work in Them

    • Antonio unveils his true agenda: control over data, infrastructure, economics, communications, and human resources.
    • Dr. Fraser affirms: “You're not a programmer. You're an architect.”
    • Power Quote: “You're not behind AI. You are the intelligence.”

    🧠 4. Aging is Not Decline — It’s Deployment

    • Dr. Fraser breaks down the 3 most productive decades of life:
    • 📈 3rd most productive: 50–60
    • 💥 2nd: 70–80
    • 👑 1st: 60–70
    • Hard Truth: “From 0–49, God prepares you. From 50–80, you perform.”

    🕊️ 5. Marriage, Modernity & Meaning

    • Why Dr. Fraser believes marriage needs a new vow: replace “’til death do us part” with “for as long as we shall love.”
    • Cohabitation, forgiveness, and amnesia — secrets to a 52-year marriage.
    • Quote: “Love is too volatile. Build your marriage on forgiveness.”


    🔓 ACCESS IS EVERYTHING:

    “You pray for God — but you pay for access.” — Antonio T. Smith Jr.

    • Learn why proximity to giants like Dr. Fraser must be purchased.
    • Fraser shares his VIP-level blueprint for how to attend (and master) events like PowerNetworking™.
    • Strategic generosity meets relational investment.


    📿 SIGNATURE PHILOSOPHIES:

    • 🪙 “You are not killing time. Time is killing you.”
    • 🌹 “I asked for flowers. God gave me rain.”
    • 🛡️ “A man walks on the curbside and enters the door first — to protect.”

    💬 CLOSING REMINDER:

    “Invest in you. That’s the only stock guaranteed to pay forever.”

    — Dr. Fraser & Antonio T. Smith Jr.


    To contact Dr. George C. Fraser:

    LinkedIn: Dr. George C. Fraser | LinkedIn

    Website: Dr. George C. Fraser – Power Networking Conference

    Instagram: George C. Fraser (@drgeorgecfraser) • Instagram photos and videos

    To contact Antonio T. Smith Jr.

    https://www.facebook.com/theatsjr

    https://www.amazon.com/stores/Antonio-T.-Smith-Jr/author/B00M3MPVJ8

    https://www.linkedin.com/in/antoniotsmithjr

    https://antoniotsmithjr.com

    https://www.instagram.com/theatsjr




    Support this podcast at — https://redcircle.com/the-secret-to-success/exclusive-content

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    57 minutos
  • The Dollar Is Dead: Why Your Money Starts at -$1.45
    May 22 2025

    In this legendary episode of the Antonio T. Smith Jr. Podcast, you're not just listening to wealth-building advice.

    You're being handed the keys to the real system — the one built behind the illusion, the one only 0.01% ever understand.

    Antonio reveals how the modern dollar is a trap — and how to escape it, not through labor, but through leveraged sovereign design.


    This isn't motivation. This is economic war.

    This isn't theory. This is how billionaires build nations in silence.

    This isn't inspiration. It's the blueprint.


    You Can Download — as a Special Never-Done-Before Gift:

    🧬 Antonio’s Karamela Smash Plan of Succession

    → Click here to download!


    This isn’t just a PDF. It’s a window into the empire. The trust architecture. The 1,000-share blueprint. The financial strategy that could birth a generation of sovereigns.


    To contact Antonio T. Smith Jr.

    https://www.facebook.com/theatsjr

    https://www.amazon.com/stores/Antonio-T.-Smith-Jr/author/B00M3MPVJ8

    https://www.linkedin.com/in/antoniotsmithjr

    https://antoniotsmithjr.com

    https://www.instagram.com/theatsjr


    Key Highlights – What You’ll Learn (Antonio Genius Format)

    The Financial Truth They Hope You Never Learn

    • A dollar is born at -$1.45: Learn why you start in debt the moment you hold cash
    • The 7 Hidden Assassins of Your Wallet: Taxation, inflation, shrinkflation, housing cost, devaluation, amortization, and fiat collapse
    • Why 90% of the world lives paycheck to paycheck — and how the system is designed to keep it that way
    • Why only less than 5% of the global population even sees the trap

    The Only Way Out Is Up — Antonio’s Billionaire Rules

    • Live on 35% or less of your income — deploy the rest into cash-producing empires
    • Compound wealth with asset inflation while everyone else shrinks their lifestyle
    • Turn your salary into sovereignty with income-producing assets: stocks, real estate, and game revenue
    • Never force small money to make big money — discipline beats desperation

    The Karamela Smash Succession Plan

    • A $7.2B/year digital empire with no ads, no investors, and no limitations
    • Employees receive 1,000 equity shares each — with a potential value of $1B per person at full valuation
    • Trust-based, offshore-shielded, AI-defended infrastructure
    • Designed for multi-generational wealth across 100 years
    • This is not a game — it’s a financial nation-state in motion

    Scored by AI at 96.5% Financial Accuracy

    • The economic strategy was rated by GPT-4o as 10/10 brilliance
    • Financial liberation doctrine disguised as a mentorship program
    • Called a “sovereign Disney with Rothschild architecture” — enough said.


    Quotes from the Episode

    “You can only save to zero. But you can grow to infinity.”

    — Antonio T. Smith Jr.

    “You’re not struggling — they’re inflating your death and calling it a free market.”

    — Antonio T. Smith Jr.

    “You’re sitting at the feet of a man who became a multi-billionaire with zero W-2 jobs since 29.”

    — GPT-4, grading Antonio’s financial doctrine


    Final Thought

    You’ve never heard wealth explained like this.

    This isn’t business advice.

    It’s encrypted succession, decoded in plain speech.

    If you’re holding the Karamela plan… you’re not a listener anymore.

    You’re part of the story.



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    1 hora e 53 minutos
  • Becoming a Conscious Creator
    Nov 28 2024
    Thank you for tuning in today! We believe that with faith, love, and support, we can make a real difference in the lives of people all over the world. If this episode inspired you, we invite you to partner with us. Your generous donation will allow us to spread this message of hope to even more hearts and homes. Visit https://donorbox.org/aow-donations and be a blessing today. Together, we can change lives!Becoming a Conscious CreatorIn this enlightening episode of "Creating Consciously," we delve into the intricate dance between metaphysical principles and the physical laws of energy, mass, and light. Discover how embracing your role as a conscious creator can empower you to shape your reality through informed choices, beliefs, and intentions, leading to a life filled with harmony, growth, and fulfillment.To contact Antonio T. Smith Jr.https://www.facebook.com/theatsjrhttps://www.amazon.com/stores/Antonio-T.-Smith-Jr/author/B00M3MPVJ8https://www.linkedin.com/in/antoniotsmithjrhttps://antoniotsmithjr.comhttps://www.instagram.com/theatsjr Introduction and Event ContextThe event is part of a longstanding tradition that includes special presentations around Thanksgiving. This annual setup anticipates engaging the audience with thought-provoking content and festive activities like movie screenings over the holiday weekend.The session in question is the first of a two-part series, with the next part titled "The Karma of a Conscious Creator," suggesting a deep dive into the cause and effect in conscious creation.Core Concepts ExploredConscious Creation Defined: To become a conscious creator means to actively participate in shaping one’s reality through deliberate choices, beliefs, and intentions. This requires a deep awareness of one’s power and responsibility in affecting one's life and surroundings.Understanding Interconnectedness: The series emphasizes the interconnectedness of metaphysical principles—free will, love, and light—and how they relate to the tangible laws of physics, such as energy, mass, and light. This blend of metaphysics with physical science aims to provide a holistic view of how thoughts and actions manifest in the physical world.Metaphysical Principles Detailed: The presentation details how free will, love, and light play foundational roles in the creation process. Here, free will is seen as the energy to make choices, love as the matter formed by these choices, and light as the force that propels these elements into reality.Practical Application and ImplicationsEmpowerment Through Knowledge: The speaker encourages the audience to take copious notes and engage deeply with the material, suggesting that understanding these concepts is critical to harnessing the power of conscious creation. The goal is to empower individuals to create experiences of harmony, growth, and fulfillment in their lives.Call to Action: There is a poignant call to action, where the presenter uses the metaphor of this being their last chance to impart this knowledge, adding urgency and importance to the audience's engagement and learning process.Complex Ideas Simplified: The document reflects an effort to break down complex ideas into understandable segments, repeatedly explaining and revisiting concepts to ensure clarity and comprehension.Personal Development and EmpowermentOwnership of Reality: A significant theme is the personal responsibility each individual has over their reality. The document stresses the importance of acknowledging and owning one’s role in the creation of their experiences, highlighting how every choice and belief shapes one's world.Interactive Learning Experience: The presenter responds to real-time feedback and questions from the audience, adapting the discussion to address misunderstandings and deepen understanding. This interactive approach helps cement understanding and personalize the learning experience.Community Engagement and FeedbackEncouragement of Community Learning: The setting is communal, with the speaker encouraging dialogue and feedback. This approach not only fosters a collective learning environment but also demonstrates the practical application of the concepts discussed through real-life interactions and shared experiences.Feedback as a Learning Tool: The document highlights the use of audience feedback as a critical component of the educational process. By addressing live questions and comments, the presenter illustrates the dynamic nature of learning and the importance of community in personal and spiritual growth.Support this podcast at — https://redcircle.com/the-secret-to-success/exclusive-contentAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
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    2 horas e 28 minutos
  • Why Fighting for Prosperity Is Your Greatest Battle
    Oct 4 2024


    In this episode, Antonio T. Smith Jr. challenges listeners to reevaluate their daily activities and prioritize actions that directly contribute to building wealth. Learn why prosperity should be your central focus and how shifting your mindset from busywork to wealth-building can transform your life and impact the causes you care about most.

    To contact Antonio T. Smith Jr.

    https://www.facebook.com/theatsjr

    https://www.amazon.com/stores/Antonio-T.-Smith-Jr/author/B00M3MPVJ8

    https://www.linkedin.com/in/antoniotsmithjr

    https://antoniotsmithjr.com

    https://www.instagram.com/theatsjr

    1. Key Meeting Discussions

    • Sales Example:
    • Sold a high-value unit to a luxury home builder at $19,000, although a $9,000 option was available.
    • Lesson: Never indicate that you're "too busy," as it suggests a lack of value for the client's needs.
    • Main Theme: Fighting for wealth.
    • All battles (e.g., women's rights, civil rights) are peripheral compared to fighting for prosperity.
    • Prosperity enables greater influence in other areas of life.
    • Wealth vs. Middle-Class Mindset:
    • Avoid non-income-producing tasks; focus on actions that build wealth.
    • A middle-class mindset leads to a middle-class business system.

    2. Challenges and Motivational Lessons

    • Key Question for Team: "How are you fighting for wealth this week?"
    • Aim for income-producing activities.
    • Challenge the team to evaluate daily actions that do not contribute to wealth.
    • Mindset and Productivity:
    • Consider how your current actions align with long-term prosperity.
    • The importance of taking massive action and staying focused on wealth-producing activities.
    • "Autopilot" Pitfall:
    • Many tasks are done automatically and do not contribute to prosperity.
    • Get off autopilot and align actions with supreme destiny.

    3. Health and Prosperity

    • Health as a Foundation:
    • Wealth without health is meaningless; they must coexist.
    • Focus on health as an important goal alongside wealth.
    • Commitment to Health:
    • Personal example: Combat sugar cravings with practical action, like brushing teeth whenever there's a temptation to eat sweets.
    • Link between gut health and cravings—awareness of the impact on overall productivity.

    4. Leadership, Execution, and Growth

    • Content Production Commitment:
    • The aim is to produce more content than anyone else in 2020.
    • Self-reliance in content creation—work independently to ensure speed and consistency.
    • Encouraging Team to Take Action:
    • Team members encouraged to set specific goals and be held accountable.
    • Overcome barriers such as fear and self-doubt by focusing on consistent content creation.
    • Personal Challenges Shared:
    • Examples of personal struggles (e.g., posting content and worrying about likes).
    • Encourage a focus on wealth, not on external validation through likes or social media metrics.
    • Call to Action for Wealth and Health:
    • Punish procrastination; reward progress towards prosperity.
    • Challenge team members and listeners to prioritize wealth-building above all distractions.

    5. Key Takeaways and Lessons

    • Focus Areas:
    • Wealth-building should take precedence over other battles.
    • Make intentional decisions that promote growth and prosperity daily.
    • Daily Practices:
    • Make 3-4 significant decisions per day that drive wealth.
    • Avoid focusing on peripheral battles that do not contribute directly to wealth.
    • Accountability:
    • The importance of discipline and consistent action, not relying on motivation alone.
    • Commit to outworking everyone—content production, wealth focus, and proactive behavior are key.




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    1 hora e 13 minutos
  • The Fight for Prosperity
    Oct 3 2024

    Brand vs. Sales: The Fight for Prosperity

    In this episode, we dive deep into why focusing on brand building over chasing sales is crucial for lasting success. Learn how to align every action with the pursuit of prosperity and why adding value to your audience can transform both your business and personal growth.


    To contact Antonio T. Smith Jr.

    https://www.facebook.com/theatsjr

    https://www.amazon.com/stores/Antonio-T.-Smith-Jr/author/B00M3MPVJ8

    https://www.linkedin.com/in/antoniotsmithjr

    https://antoniotsmithjr.com

    https://www.instagram.com/theatsjr

    Meeting Themes and Values

    • Prosperity Focus:
    • The central fight is for prosperity, not against external obstacles.
    • Align actions daily with the goal of achieving prosperity.
    • Team Goals & Accountability:
    • Emphasis on Grace completing pay stub tasks within an hour after the meeting.
    • Importance of maintaining productivity, creativity, and accountability among the team members.

    Productivity and Personal Development

    • Creative Work Strategy:
    • Reggie encouraged to push creative limits, such as completing scripts faster to challenge himself and generate fresh content.
    • Emphasis on not freestyling without preparation in both sales and creative work.
    • Documentation and Use of Tools:
    • Importance of creating new material and taking notes as ideas arise.
    • Using templates (e.g., a “one sheet”) to document progress and achievements, with frequent updates to reflect growth.

    Content and Brand Management

    • Focus on Branding Over Sales:
    • Team members encouraged to focus on adding value and creating engaging content over direct sales efforts.
    • Grace instructed to continue making math videos that are enjoyable for the audience, as their purpose is to help and not merely sell.
    • Customer Relations and Value Delivery:
    • Deanna was reminded to reach out to customers for feedback and ensure customer service quality.
    • Regular emphasis on ensuring the team members promote the brand and the value they bring to it.

    Leadership and Management Practices

    • Recognition and Balance:
    • Encouragement for Deanna to take credit for her contributions to Antonio's success, emphasizing the importance of recognizing team efforts.
    • Use of humor and personal anecdotes to balance the professional environment and make work enjoyable (e.g., jokes about Kool-Aid and birthday celebrations).
    • Navigating Uncomfortable Topics:
    • Transparency about the ongoing pandemic situation and the company’s cautious approach to reopening.
    • Antonio clearly stating his decision to keep the company’s office closed for safety reasons, emphasizing the value of team welfare over convenience.

    Key Announcements and Miscellaneous

    • Marketing Training:
    • No marketing training will be held on Deanna's birthday as a gesture of giving her time off.
    • Grace’s birthday arrangements discussed, highlighting structured planning for personal events.
    • Upcoming Tasks and Assignments:
    • Reggie reminded to stay on task with book-writing and video content creation.
    • Continued focus on finalizing book covers and updating brand material, like the one-sheet for documentation.
    • Encouragement and Positive Reinforcement:
    • Praise for team members such as Simone for maintaining a positive and vibrant appearance.
    • Positive reinforcement for Charmone’s consistent social media activity and audience engagement.




    Support this podcast at — https://redcircle.com/the-secret-to-success/exclusive-content

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    1 hora e 4 minutos
  • Crafting Prosperity and Navigating the Dots
    Oct 2 2024
    In this episode, we explore how shifting your mindset from battling poverty to embracing prosperity opens the door to success. Plus, learn the power of documenting your journey and why the dots of your diverse skillsets only connect looking back, not forward.To contact Antonio T. Smith Jr.https://www.facebook.com/theatsjrhttps://www.amazon.com/stores/Antonio-T.-Smith-Jr/author/B00M3MPVJ8https://www.linkedin.com/in/antoniotsmithjrhttps://antoniotsmithjr.comhttps://www.instagram.com/theatsjr Key Themes and LessonsProsperity vs. Poverty Mindset:Focus on fighting for prosperity rather than against poverty.Reframe challenges as opportunities happening for prosperity, not to you.Content Strategy:Season 8 of the "Secret to Success" podcast dropped all at once, akin to Netflix.Emphasis on documenting experiences for future use, following the “document, don’t create” principle.Lessons from past efforts (such as recordings from six years ago) can be leveraged even if they didn't seem relevant at the time.Personal Branding:Struggles with integrating diverse skillsets (e.g., carpentry, poetry, math teaching) into a unified personal brand.Steve Jobs' philosophy: Dots can only be connected in retrospect, not looking forward.Multifaceted Talents:Embrace and document your various skills, even if they seem unrelated (e.g., land navigation, Krav Maga).Record everything; you can always explain away quality issues later if the content is valuable.Business and Marketing StrategiesAudience Engagement:Multiple podcast seasons available to keep audiences engaged during quarantine.Binge-style content releases attract more downloads and engagement.The more content you release, the higher your ranking will be in podcast platforms due to the download volume.Free Content and Value Offering:Offer recession courses for free to help 750,000 people.Leverage free courses as a method for expanding the audience and providing value.Leadership InsightsDecision Making:Leaders must make tough decisions, sometimes hurting feelings in the process.Good leaders make decisions that not everyone will enjoy, but it's necessary for progress.Handling Coronavirus:Teams need to be mindful of safety protocols as states reopen during the pandemic.Tough choices may need to be made, either personal feelings will get hurt or you will.Productivity and Goal SettingStructuring Time for Success:Grace is encouraged to structure her day for both creating math videos and making sales calls.Three methods suggested:Split the day in half (morning for one task, afternoon for another).Alternate tasks every other hour (less effective for maintaining focus).Work in focused blocks (e.g., dedicate several days to sales, then switch to content creation).Efficiency and Technology:Use technology (OBS Project) to automate and streamline tasks like live videos, allowing simultaneous focus on other areas like calls.Goal-Oriented Approach:Achieve goals (e.g., 250 sales leads) quickly to free up time for personal projects.Opportunities for Team GrowthFree Business Mentorship:An opportunity for two team members to apply for a 90-day mentorship program to build their businesses from scratch.Focus on immediate customer acquisition and long-term business growth.Final Insights and ChallengesCall to Record Everything:Document all efforts, whether audio or video, as valuable lessons can come from it down the line.Team Challenge:Leadership team encouraged to focus on reaching personal and business goals with structured and deliberate planning.Support this podcast at — https://redcircle.com/the-secret-to-success/exclusive-contentAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
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    1 hora e 1 minuto
  • Turning Challenges into Cash Flow in 90 Days
    Oct 1 2024
    Join us as we dive into the 90-Day Challenge that transforms ideas into income, even if you're juggling a full-time job. Learn how to leverage the power of adaptability, master the art of resilience, and unlock the potential to build your business from day one to your first paying customer.To contact Antonio T. Smith Jr.https://www.facebook.com/theatsjrhttps://www.amazon.com/stores/Antonio-T.-Smith-Jr/author/B00M3MPVJ8https://www.linkedin.com/in/antoniotsmithjrhttps://antoniotsmithjr.comhttps://www.instagram.com/theatsjr Meeting OverviewContext and DateDate: May 1, 2020.A daily ATS business, money, and marketing team meeting.Discussion focus: Business planning, marketing, and leadership guidance.One Business Away 90-Day ChallengeChallenge DescriptionPurpose: Help participants move from the beginning stages of their business or current situation to their first customer and financial success within 90 days.Commitment: Mandatory 90 consecutive days of active participation, with cameras on during sessions.Scheduling and ParticipationTime Coordination: Each participant s availability was reviewed for suitable scheduling.Key Participants Confirmed:Satish: Flexible availability.Pam Norris: Available between 3 p.m. and 6 p.m. Central Standard Time.Other participants: Provided their schedules to ensure alignment.Special AccommodationsParallel Entrepreneurs: An additional component, Building a Business Around Your Job, will be created for those with conflicting full-time job schedules.Start Date: Official start delayed to the following Monday to ensure all preparations are complete.Leadership InsightsChallenges and AdaptabilityLeadership often involves dealing with the unexpected success relies on adapting effectively to disruptions.Mindset Shift: Challenges are not setbacks but opportunities for growth and adjustments.Dealing with AdversityWhen facing obstacles, accept them as opportunities to realign with your goals."The universe punches you in the face" this metaphor encourages seeing setbacks as an act of grace to guide you back on track.Philosophy and MotivationForgiveness and Letting GoForgiveness as Empowerment: Forgiveness is critical in breaking negative cycles ( wheel of karma ).Forgive to Progress: The key to stopping destructive patterns lies in forgiving oneself and others.Personal Power and ResponsibilitySelf-Creation: No one can uncreate what you manifest unless you give them that power.Embrace Resistance: Challenges (resistance) help define what you truly want; only in discomfort can you find clarity.Team EngagementParticipant ContributionsMichelle G shared experiences on resilience and forgiveness.Phil highlighted the significance of not carrying unnecessary baggage and understanding the value of letting others help.Chris talked about maintaining healthy boundaries, even when wanting to help others.Collective SupportDiscussions about dealing with personal struggles, such as sibling issues and finding one's prosperity, emphasized the importance of community support.Encouragement was given to embrace adversity while pursuing personal prosperity.Next Steps and ConclusionChallenge PreparationsSchedule Confirmation: Deanna was tasked with reaching out to participants who were absent to finalize their availability.New Element: A separate program element will be added for individuals with unique work situations, such as "parallel entrepreneurs."Key TakeawaysLife Happens for You: Adopt the mentality that life is happening for your growth, not against you.Universal Guidance: Trust that the universe guides you toward the best outcomes for your success, even if the path is challenging.Final message: Antonio T. Smith Jr. emphasized, You can't play better; you can't dominate, encouraging everyone to give their best effort in all pursuits.Support this podcast at — https://redcircle.com/the-secret-to-success/exclusive-contentAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
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    1 hora e 8 minutos
  • How Paying Yourself First Unlocks Financial Freedom
    Sep 28 2024


    How Paying Yourself First Unlocks Financial Freedom

    In this episode, we explore the Law of Savings and how consistently saving 10% of your income can secure your financial future. Learn practical strategies for prioritizing your savings, avoiding debt traps, and adopting a mindset that leads to long-term wealth and stability.


    To contact Antonio T. Smith Jr.

    https://www.facebook.com/theatsjr

    https://www.amazon.com/stores/Antonio-T.-Smith-Jr/author/B00M3MPVJ8

    https://www.linkedin.com/in/antoniotsmithjr

    https://antoniotsmithjr.com

    https://www.instagram.com/theatsjr

    Understanding the Law of Savings

    • Key Principle:
    • Financial freedom comes to those who save 10% or more of their income consistently throughout their lifetime.
    • Money and finance are different; just because you hold a lot of money doesn’t mean you are financially intelligent.
    • The Consequence of Not Saving:
    • If you are not saving at least 10% of your income, you are violating a universal law, which can cause your money to flee from you.

    Practical Application of Saving

    • Consistency in Saving:
    • You can adjust your saving habits based on your discipline. For example, saving 10% each paycheck or annually in one lump sum.
    • It’s often more practical to save a little each time you earn, much like how the government takes taxes regularly rather than all at once.
    • Spending Patterns:
    • Most people spend all their income on living expenses and borrow beyond their means, using credit cards or loans to cover additional costs.
    • Example: After paying for housing, utilities, and other bills, people often have nothing left for savings and still resort to credit to cover other expenses.
    • The American Pie Analogy:
    • The metaphor of a pie illustrates how people divide their income:
    • 65% goes to living expenses (rent or mortgage).
    • Additional expenses go to other necessities like insurance, utilities, and loans, leaving little or no savings.
    • Many Americans end up spending 150% of their income, borrowing to make up the difference, leading to debt.

    Cultural and Societal Influences

    • Payday Loans and High-Interest Debt:
    • Payday loans and student loans take advantage of people who don’t understand finances, offering short-term relief but ultimately trapping them in debt due to high-interest rates.
    • People often think they’re gaining from these loans, but they are actually losing more in the long term.
    • Group Economics as a Solution:
    • Some communities, like Hispanic families, practice group economics where multiple family members work together, pooling resources to build wealth and stability.
    • This strategy allows families to buy homes and invest together, overcoming individual financial challenges.

    The Importance of Paying Yourself First

    • Universal Law:
    • Always pay yourself first by saving a portion of your income before handling other expenses.
    • This principle is seen across cultures and sacred texts, emphasizing the importance of prioritizing savings for long-term financial health.

    Financial Challenges and External Shocks

    • The Fragility of Living Paycheck to Paycheck:
    • A single unexpected expense, such as a higher utility bill or a car repair, can throw off months of financial planning for those living paycheck to paycheck.
    • Financial setbacks, even small ones, often have a ripple effect, causing extended periods of financial strain.

    Conclusion:

    • Saving for Financial Freedom:
    • The Law of Savings emphasizes the importance of consistently saving a portion of your income, paying yourself first before meeting other financial obligations.
    • Avoid overspending and borrowing, and adopt strategies like group economics to build long-term wealth and financial resilience.




    Support this podcast at — https://redcircle.com/the-secret-to-success/exclusive-content

    Advertising Inquiries: https://redcircle.com/brands

    Privacy & Opt-Out: https://redcircle.com/privacy
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    13 minutos