The Money Nomad Podcast
Welcome to The Money Nomad Podcast hosted by wealth coach, Bitcoin educator, and astrologer Brandon Byrne. On this podcast, you'll hear about how to align with the wealthiest version of yourself and eliminate financial stress for good through Brandon's unique insights on money, investing, economics, Bitcoin, mindset, astrology, New Earth Consciousness, and the changing world order. All while infusing experiences from traveling the world.
The Money Nomad Podcast
7. Building Your Financial Future with Vision and Strategy: Happy 2025!
This episode delves into the concept of pragmatic intelligence and how it plays a crucial role in achieving financial independence in 2025. We explore five essential keys—understanding the system, resourcefulness, strategic thinking, emotional intelligence, and adaptability—along with the importance of overcoming fear and maintaining a burning desire for success.
Ideas discussed in this episode:
• Exploring pragmatic intelligence as a measure of success
• The importance of understanding systems and your environment
• The value of resourcefulness and a supportive network
• Strategic thinking and planning for future changes
• The value of emotional intelligence
• Adapting to challenges and viewing them as opportunities
• Harnessing a burning desire to fuel ambition
• Encouraging small investments and the power of compound interest
• Offering a call to action for listeners aspiring for financial growth
One of my all-time favorite TedTalks: “What I learned from 100 days of rejection.”
Develop your strategic thinking skills through playing chess.
Learn how you can become a millionaire for only $10 a month and make 2025 the most abundant year of your life.
If you want to eliminate financial stress and/or become the wealthiest version of yourself, connect with me, Brandon Byrne, either:
1. On Instagram @themoneynomad or
2. Schedule an intro call and we'll connect human to human, and chat about money and what it's like to live in this crazy world. Oh and how you can become fabulously wealthy of course.
Why? Hello there, beautiful soul. Welcome to episode seven of the Money Nomad podcast. I'm your host, brandon Byrne, also known as the Money Nomad. As a wealth coach, I help my clients become fabulously wealthy by working together to create a personalized roadmap to financial dependence. Then I help them implement every step of the plan so that, at the conclusion of my six-month coaching program, my clients never worry about money again. That's because they have all the foundations in place to eventually achieve financial independence. So in this episode, we're stepping into all the 2025 vibes. We're going to talk about the true test of intelligence that you've probably never heard of and how you can use it to your benefit in 2025. And then we're also going to be talking about overcoming fear and how that's so often the first step to financial freedom. All right, so let's get into it.
Speaker 1:So, when you think of intelligence, what comes to mind? Grades in school, a high IQ score, the ability to solve puzzles or think critically? What exactly does it mean to be smart or intelligent? While all these traditional markers probably fit the bill, there's one perspective on intelligence that I think about pretty regularly, and so one of my favorite intelligence tests is how good are you at getting what you want, and the reason I love this test of intelligence is because it takes the whole meaning of smarts beyond just knowing and into the realm of doing and achieving. It's the step where you apply what you've learned into taking action. The reason I think about this definition of intelligence so often is because I've always considered myself a smart guy, and when those inevitable moments of self-doubt creep in, there's this voice saying well, if you're so smart, how come you still don't have fill in the blank, and oftentimes the answer lies not in traditional intelligence, but in pragmatic intelligence. Pragmatic intelligence is one's ability to align one's desires with action, navigate obstacles and create win-win scenarios that support one's goals. So there's five keys to pragmatic intelligence that you're going to need to understand if you want to increase your pragmatic intelligence, that you can get what you want in 2025 and beyond.
Speaker 1:Number one understand the system. Recognize the rules, systems and social dynamics that are at play in your environment. When I think about this key, I think about athletes, or even in board games, too, where players have a certain deep understanding of the rules, and that's what enables them to find all the loopholes. Like if you understand the rules better than everyone else, then you understand how to take advantage of the rules and come up with out-of-the-box strategies that might not be as straightforward as how games are played, then, yes, if I'm playing a board game for the first time, for example, I'm the one that's reading the rules, so I can understand how to come up with the best strategies and to bring this into the realm of finance and wealth. This is where understanding the tax code comes into play. The number one greatest expense that any single individual pays is taxes, which is kind of crazy if you stop to think about that. But you can also understand that the taxes and the tax code is just a set of rules. If you study the tax code, then you are able to find the strategies to limit your taxes, and that's one of the reasons why accountants make a lot of money, because they understand the rules better than anyone else.
Speaker 1:The second key is resourcefulness Know how to leverage time, tools and relationships to create opportunities, and so this is where the six types of wealth come into play. Money is only one of your resources, or, if you think of the other five types of wealth, you have more resources at your disposal than you might think, especially as someone in your 20s or 30s. If you can reasonably expect to live at least 31 years or so, then you have at least a billion seconds in your time bank account. Therefore, you are a time billionaire, and time is a resource that you might have a abundance of. And then the other thing coming up in this definition is relationships. Your network is your net worth, and so, even if you don't have a lot of money, if you're resourceful enough, you can find that you have more resources than you give yourself credit for. There's this concept I learned about earlier this year that talked about the power of broke, and it essentially has to do with when you have no money and you're in a position where success is the only option. It's actually quite the motivator to succeed, but pretty much the only way to happen if you're limited with resources in terms of money is to be resourceful in other areas.
Speaker 1:The third key to pragmatic intelligence is strategic thinking Plan ahead, anticipate obstacles and adjust your approach when needed. I gained a strategic mind through playing chess at an early age, anticipating those obstacles and then adjusting that approach when needed. It can be hard to think five steps ahead, because you don't always know what your opponent's going to do. It can be more and more variables the more you try to think ahead. And so in the last few years, this is where astrology has helped me tremendously. Because of astrology, I already know that in 2025, neptune's going to go into Aries, saturn's going to go into Aries and Uranus is going to go into Gemini. There's a lot of freaking change coming in 2025. And because I am aware of it ahead of time, I'm able to think ahead. But the difference with astrology and chess is that astrology is happening no matter what. There's no uncertainty to account for, and so that's just one of the reasons why I'm so into astrology. And yeah, if you want to get better at your strategic skills, honestly just go to chesscom and play some chess and you'll get in the habit of thinking a few steps ahead.
Speaker 1:E number four has to do with emotional intelligence. How well can you manage emotions, both yours and others, to build trust and influence outcomes, especially in the realm of investing, emotional intelligence is key. Most people logically understand that you need to buy low and sell high, but what are you going to do when you bought low and then it goes even lower? Are you going to let your emotions get the best of you and do something like sell, because, of course, my favorite investing strategy is buy and hold as long as possible 20, 30 years, forever if possible Because that's how you let compound interest do its thing, which, yeah, I mean, that's kind of the secret of Warren Buffett he didn't do anything spectacular other than buy some things when he was like 17 and then just held them for 60 years. It's not exactly hard to execute logically.
Speaker 1:The real challenge is keeping your cool when it comes to emotions, and so the fifth key is adaptability. How good are you at embracing change and finding creative ways to overcome challenges? And the reason I think adaptability is so key when you're talking about intelligence and applying what you've learned, is that, especially if you're like only learning in a classroom, you're probably only getting like mainly like theory. I mean, that was my whole beef with school by the end of it, as I wanted to go out and learn by doing not necessarily learning just in the classroom, but I wanted to apply what I learned in the real world, and if you saw the movie Oppenheimer, he has this line where he says there's only so far you can get from theory alone. So once you apply what you've learned in the theoretical realm to the real world. It is key to remain adaptable and embrace change and find creative ways to overcome the challenges that come along the way. Good thing that humans are literally the most adaptive species that have ever lived. So if you're a human, you've got some baseline of adaptability already programmed. And so those are the five keys to pragmatic intelligence.
Speaker 1:Listening to these five keys, would you say, you're a little smarter than you give yourself credit for, because if you're listening to this podcast episode and you're serious about achieving your goals, you don't have the knowledge to make a plan towards your goals. Like listening to this podcast episode and you're serious about achieving your goals, you don't have the knowledge to make a plan towards your goals. Like listening to these five keys, you know it's important to understand your environment, be resourceful, think a few moves ahead, keep your cool when it comes to emotions and be ready to adapt to challenges along the way, and if any of these feel like a weak point for you, you can make a plan to strengthen that particular skill. Like all, these are skills that can be learned and obtained. So, as we step into 2025, ask yourself where do I want? What systems or tools can help me get there and how can I adapt my mindset to align with my goals? With a solid game plan in place, you've done all the preparation to set yourself up for success. At that point, it just comes down to execution, which becomes a lot easier when you don't go at it alone. Humans are social creatures. We are not meant to be alone. The more you are able to find community, that is your, this will be for you Because, yeah, also, when you have people that are right there with you, it makes the whole mindset aspect easier as well and, at the end of the day, mindset is everything. I credit a lot of my success to an abundance mindset. The only thing keeping you from your goal is your brain. Like it's crazy how much letting go of limiting beliefs just makes everything easier. Like, if you want to make a lot of money in 2025, letting go of any money limiting beliefs is probably going to be the single activity with the greatest ROI return on investment.
Speaker 1:Napoleon Hill has this quote that reads there is one quality which one must possess to win, and that is definiteness of purpose, the knowledge of what one wants and a burning desire to possess it. I've been getting into Napoleon Hill a bit lately and, yeah, he's one of the greatest thinkers of the 20th century. This dude has endless insights for anyone who's into personal development, and so in this quote he pretty much sums up everything that you need in order to get what you want. First, you need to have a clear vision of what you want. Like how is the universe supposed to help you get what you want when you don't even know what that is? So the clearer that you have your vision or goal or dream defined, and just the vision clear, the easier it is to get it. Just the vision clear, the easier it is to get it. And then the second thing he mentions is you need a burning desire to get it. Like I've been working towards a goal for long enough to know that it's not easy and it's not supposed to be easy.
Speaker 1:The process of getting everything you want in life will be hard. If you're not ready for it to be hard, then are you really ready to receive and achieve your biggest goals? Wanting it bad enough is what makes those hard days not feel so hard. When you want it bad enough, you're focused on the end result, not on the obstacles that lie between you and that result. Like without a burning desire, the first obstacle you encounter will have you rethinking if this pain and suffering is really worth it. Like, oh yeah, I kind of wanted this, but I was met with this resistance and like it was too much, so now I don't want it anymore. Like there will be resistance no matter what. That's kind of like part of the deal. But here's the thing All obstacles seem big if your desire is small. The bigger your desire, the smaller the obstacles seem by comparison.
Speaker 1:So if you're listening to this, like you probably know what your burning desire is Like. What in this life can you not stop thinking about? Like what comes to mind when I say burning desire? What's that desire that really just lights your soul on fire? For me, a big piece of it is traveling the world, like I love exploring other cultures and my adventure soul creates that. And the financial side of things is also like the other thing I can't stop thinking about. I pretty much see everything in the world through a financial perspective, and the cost of living crisis is such a drag Like it makes so many things so much harder, and the cost of living crisis is just so detrimental to like so many parts of the human experience that I have a burning desire to do what I can to end the cost of living crisis.
Speaker 1:And because that desire in me burns so brightly, the obstacles I encounter along the way don't deter me, like they help me level up and help me to carry out my mission. Don't deter me like they help me level up and help me to carry out my mission, and that's what personal development is all about. The challenges and the obstacles are kind of endless, but they help you level up, and that is one of my greatest wealth hacks is being grateful for challenges, which, honestly, I pretty much like don't say the word problem anymore. Anytime you want to say the word problem, just replace it with challenge. And now your mind's always in like problem-solving mode, because you see a challenge as like something to be overcome, or you see a problem as like something you got to deal with, which, yeah, it's pretty much the same concept of instead of saying I can't afford this, which is like just giving up and admitting defeat, it's asking how can I afford this? Which gets your brain thinking, and you put your brain to work for you and it will come up for solutions for you. Anyways, along the lines of seeing challenges as opportunities.
Speaker 1:The good news is, everything is changing in 2025. And all of this change is coming with massive opportunity and, like I was talking about earlier, like the change is happening, no matter what, like I was talking about earlier, like the change is happening no matter what, like, whether you like it or not, there's all this change that's starting and happening in 2025 and that is one of the cool parts about astrology, in my opinion, is that, yeah, whether you like it or not, we're all along for the ride, which, yeah, the good news is we're all in it together. But, yeah, yeah, your life will look completely different by the time 2025 comes to a close. Like, if you think where you were at the beginning of 2024 and where you are now, you thought that was a big change. Like 2025 is probably going to be even bigger, and I hope that excites you. Like it excites the shit out of me. I am so excited for what 2025 has in store for us and it's kind of because of that perspective of like, because of all this change there's like so much opportunity and, yeah, a lot of it has to do with making money. Like included in all this change. There's just the beginning of one of the greatest wealth transfers in human history. Like it has never been easier to become a millionaire, and if that's a goal you happen to have, it's only getting easier. Hard work will be required, but the rewards will be worth it, especially when you stay focused on the bigger picture.
Speaker 1:And that brings me to the next thing I want to talk about, which is overcoming fear. So I recently learned that humans are born with two fears. That's it, only two. Every other fear has been learned at some point in life, which actually means those fears can just as easily be unlearned. So what are the two fears that we're born with? Those two fears are the fear of loud noises and the fear of falling. So I got over the fear of falling pretty early in life. I've played soccer since I was four years old, and on some of my youth teams it seemed like I just kind of ended up on the ground a little more often than my teammates. But that's the beauty of team sports If you fall, you have a teammate or two or a coach to help you up when you fall. But because I knew I was never alone, I had developed a healthy relationship with the ground and with falling, because I knew everything would work out. I was able to take more risks, which actually helped me improve my balance, become a better soccer player as well as a better version of myself, and that's another aspect of the Power Up community and, honestly, you can get over any fear this way, like it's called exposure therapy.
Speaker 1:One of my all-time favorite TED Talks is this TED Talk that's called what I Learned From 100 Days of Rejection. I'll put it in the show notes but well worth the watch if you have 15 minutes. The TLDR version is this guy cured his fear of rejection by intentionally seeking rejection for a hundred days straight. So you start small by asking for something like 10% off a coffee just cause, or something like a burger refill, which is like a second burger for free, and then gradually make bigger requests that seemingly have a high probability of being met with rejection. But the lesson here is that if you go out and do this for 100 days, you'll get some yeses that you might not have expected to get. Like how is the universe ever going to give you what you want if you never asked for it? You'll also learn to navigate handling rejection in the most elegant way possible, like, yeah, seriously, watching the TED talk and seeing this transformation is like epic. And so, thinking of that fear of falling that we have when we're born and kind of relating it to the fear of failing, I see a lot of similarities, especially since the fear of failure is also a common fear. Now I got over this one pretty simply as well.
Speaker 1:My main exposure to failure came in the eight years that it took me to get fluent in Spanish. In fact, the hardest part about learning a language is that you need to get comfortable messing up like a lot and in front of other people too. And you know what I learned through eight years of messing up Failure is what breeds success. If you want to get good at something, the faster you fail, the faster you will reach success. In this example, success means becoming fruit in a language. The way I see it, you only really fail when you give up.
Speaker 1:So yeah, say, you're like me and you have the goal to become a millionaire. Have you failed at becoming a millionaire just because it hasn't happened yet? Like I don't care if it takes you 20 years. If you haven't given up, then you haven't failed. And, like I was saying, like becoming a millionaire is only getting easier and easier. Like, we are just at the beginning of the greatest transfer of wealth in human history. Now, if you know how to position yourself properly for this wealth transfer, you will make so much money that your kids, as well as your grandkids, will be set up for success.
Speaker 1:So, along this line of failure, what goal would you commit to if you knew it had a hundred percent chance of success, but it would take 20 years? Like if I told you you can have chance of success but it would take 20 years? Like if I told you you can have anything you want but it would take 20 years to get it? Would you believe me? The truth is, any goal can come true if you commit to making it come true. So many people attach timeframes to certain goals that make them feel defeated when it doesn't come to fruition in that specific time frame. Like, oh, I wanted to make a million dollars in one year, but I couldn't make that happen, so I gave up. Like, making a million dollars is a skill that can be learned. Anyone can become a millionaire. Yes, even you listen to this right now. Like, if you believe you can be a millionaire, you can make that happen, like if you decide right now, like if you believe you can be a millionaire. You can make that happen. Like if you decide right now, I'm going to decide to be a millionaire one day.
Speaker 1:As a wealth coach, I teach people how to make a million dollars and, like I know, anyone can do it, and you want to know what the really cool part about all this is. The really cool part is that all you need is ten dollars a month to start investing and then eventually make this a reality. Do you have $10 a month to put towards your future goals and dreams? If so, then you can become a millionaire in 20 years, provided you know what you're doing and you have the right strategy. And yeah, you'll find people on the internet that'll help you become a millionaire a lot faster than I'll help you become a millionaire.
Speaker 1:But what I like about my methods is that it doesn't actually take very much time commitment at all, and my definition of financial freedom has a lot to do with being in control of my time. That being said, my methods are a long game, like. One of the most important ingredients to my millionaire recipe is 20 years of compound interest, in other words, having your money, make money for you for 20 years. But my recipe for making a millionaire looks a little something like this $10 a month times 20 years of compound interest equals $1 million. Like this recipe is so easy. Anyone can do it if they have the right coach to guide them.
Speaker 1:Albert Einstein once said compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn't pays it and that's actually another interesting concept to get into like your ignorance on not knowing the skill of how to make a million dollars is costing you, like all this money because you don't have this skill Everyone's talking about. Like opportunity costs, you are paying for your ignorance. Let that sink in just for a second.
Speaker 1:And so last thing I want to say is I'm called to serve those of you who have aspirations of achieving financial stability, financial independence, financial freedom, not only for yourself, but for the people you care about. If that sounds like you, let's have a chat about how we can make 2025 the most abundant year of your life. I'll put a link to a short Zoom call in the show notes, because, remember, you invest your time before you invest your money. If you don't invest 30 minutes into talking to an expert like me for free. Do you really want it that badly, make it a great life or not? The choice is yours and with that, I am sending you so many 2025 blessings, sending lots of love. Take care of yourself, invest in yourself. Be the change you want to see in the world. Be sure to stay hydrated and bye for now.