Why You’re Still Broke, And How to Fix It - Masterminds Podcast EP8

Описание: So many people work hard every single day… yet they’re still broke. Why?

In this solo episode of the Masterminds Podcast, Richie Mensah breaks down the real reasons behind financial struggle, and how you can fix them. From financial illiteracy to lifestyle inflation and the trap of “looking rich,” Richie shares practical steps to move from survival to true wealth.

In this episode, you’ll learn:

Why most people stay broke even when they earn more

The money habits that separate the rich from the poor

How to stop lifestyle inflation and live below your means

Why “looking rich” is killing your financial freedom

The 4 types of fitness (physical, mental, spiritual, financial) that define true wealth

📌 Timestamps:
0:00 – Why you’re broke (and how to fix it)
0:25 – Financial illiteracy: the #1 reason people stay broke
1:17 – Rich vs poor money flow explained
2:17 – How lifestyle inflation keeps you trapped
3:32 – Looking rich vs actually getting rich
4:50 – Budgeting & tracking: why most people avoid it
5:56 – Building wealth: keep more, not just make more
6:58 – Redefining wealth: time vs money
7:52 – The 4 types of fitness that create true wealth
9:37 – Final message: take ownership & build generational wealth

📢 Join the Masterminds Community
👉 Telegram: https://t.me/MastermindsGlobal
👉 Subscribe for new episodes every Wednesday & Sunday


🔗 Connect & Resources
📖 Get my book & learn more: www.richiemensah.com
🎧 Get Lynx Reverb headphones: www.lynx-electronics.com
📸 Instagram: @richiemensahgh
🎥 TikTok: @richiemensah_


✨ Credits
Outfit by Allumer
Shot at Tigon Creative Studios
Equipment support by Kreative5 Ltd


🧡 Disclaimer
This podcast is for educational and inspirational purposes. Not financial advice.