What's Really Hindering Your Financial Freedom | Mikey Manghum | TEDxUTulsa

Thanks to technology, we have more access than ever before to financial literacy information, and we can set up automated savings or investment accounts at a few clicks of a button. Yet anxiety, worry, and concern over financial direction persists; it doesn’t quite add up. Could it be that we’re going about the pivotal first steps of true wealth creation all wrong?
Disclosure: Material discussed is meant for general informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice. Mikey Manghum is the Founder/Owner of Manghum Consulting, as well as Senior Vice President of INSPiRE Financial Group. Mikey's
purpose is to develop leaders that develop leaders. The most energizing work Mikey gets to do is cultivating "lightbulb" moments for
others that improve their trajectory; most often, that centers around equipping first-generation wealth creators to live and leave their legacy. Born and raised in the UK, Mikey made his way to Tulsa in 2009 to play college basketball and study Finance at Oral Roberts University, where he also completed his MBA. Mikey credits his mindset and approach to business and leadership to his experience playing basketball at the collegiate and international levels. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

Пікірлер: 46

  • @tahirisaid2693
    @tahirisaid269323 күн бұрын

    I've been diligently working, saving, and investing towards financial freedom and early retirement. However, the economy's downturn since the pandemic has significantly eroded my portfolio. My question now is: Should I continue contributing to my portfolio in these unstable markets, or should I explore alternative sectors??

  • @JalenBooekr

    @JalenBooekr

    23 күн бұрын

    I'll tell you that it's practically hard to rebuild your retirement on your own, without a partner's assistance. Not even NewRetirement and associates can match the skills, experience, and broad clientele of a professional financial advisor. Assess and select one, and then use a financial advisor to help you allocate your funds.

  • @chriswalter92

    @chriswalter92

    23 күн бұрын

    As a contractor, my job leaves me little time to thoroughly analyze my investments or evaluate stocks myself. Therefore, for the past seven years, I've entrusted a fiduciary to actively manage and adjust my portfolio to align with current market conditions. This approach has helped me navigate the ups and downs, knowing when to buy and sell. Perhaps you should consider a similar strategy..

  • @GeralynWinnifeld

    @GeralynWinnifeld

    23 күн бұрын

    Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind

  • @chriswalter92

    @chriswalter92

    23 күн бұрын

    Angela Lynn Schilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

  • @GeralynWinnifeld

    @GeralynWinnifeld

    23 күн бұрын

    Thank you so much for your helpful tip! I was able to verify the person and book a session with her. She seems very proficient and I'm really grateful for your guidance

  • @RickLuchini
    @RickLuchini8 ай бұрын

    Great insights. Education is KEY. That can be difficult with so many salespeople dressing up and pretending to give financial advice as a veil to sell products.

  • @nycholasburns5631
    @nycholasburns56314 ай бұрын

    Mikey crushed that! Great talk.

  • @princessp1361
    @princessp13613 ай бұрын

    Very educational I'm here for it always wanted better in my life for me and my family 💞 for years I been thinking like this great speech Mikey from UK

  • @MovieManiaAwesome
    @MovieManiaAwesome5 ай бұрын

    Thank you so much You changed my life

  • @gustavodc3684
    @gustavodc36847 ай бұрын

    Thanks ❤

  • @rebeccalentoor6041
    @rebeccalentoor60416 ай бұрын

    Thanx❤

  • @MotivateEveryday_Official
    @MotivateEveryday_Official4 ай бұрын

    Thanks ❤‍🔥

  • @KlineclerkClerk
    @KlineclerkClerk4 ай бұрын

    Let's talk about success:* Firstly the journey won't be easy, embrace persistence, patience and perseverance. Outline your goal and pull your efforts together to achieve that goal. I had a fair share of struggles before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope, my friend.

  • @armandocastillorodriguez1731
    @armandocastillorodriguez1731 Жыл бұрын

    TEDx son unos buenos chicos

  • @nompilomvusi2010
    @nompilomvusi201026 күн бұрын

    Informative

  • @eduardofangueiro4066
    @eduardofangueiro40663 ай бұрын

    So the objective is not financial freedom but purpose in life. To have that purpose you need to understand yourself and what should motivate you to achive that goal/purpose. In my case it's family, love and a "boring life" full of meaning beyond financial issues. Therefore, to achive the goal I need to focus on financial stability and providing for my own. I don't need passive income, I need a work that provides me with some freedom, objectives and independence to help those around me. Success is not pupose, happyness is not purpose. Purpose is the result of the journey to thrive to achive and be humble enough to know we can never meet all goals, that we are human and there's so much we can control. It's being good at everything and not the best at one thing. It's beliving we have always something to learn and that the best in life comes from the ones you don't control.

  • @therealfreemanx

    @therealfreemanx

    24 күн бұрын

    You are right while being wrong at the same time. Who says that you can't build passive income while doing something meaningful? There is nothing wrong with working a job, but you should see it as a stepping stone and a means to an end.

  • @user-pv6qm5pz5p
    @user-pv6qm5pz5p4 ай бұрын

    Spot on. The market presents a lot of opportunities to create passive income, with the right skill and proper understanding. Whether you’re not sure about what to invest in, or you don’t have time to manage your assets, just make sure to consult an advisor. Good luck!

  • @KiyosakiSays
    @KiyosakiSays11 ай бұрын

    “To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis.” - Robert Kiyosaki

  • @thomasbarker6443

    @thomasbarker6443

    10 ай бұрын

    KZread has been of great help to many facing challenges of making best financial decisions, I have racked up in profits $458,405 from $185k capital in February to be exact on my portfolio, after i watched a news interview on where "Lidia Joann Morris" featured during an IPO and spoke proficiently, caught her name and did a web search on her

  • @DiaryOfALesbianGamer
    @DiaryOfALesbianGamer8 ай бұрын

    0:11 👀 depends on how you look at it. (Perspective) 1:48 🤔 How did we get here and how did we become who we are? (Understanding your story) 5:59 scarcity mindset 🙊. Short term focus. 8:40 📝 write down experiences around money? What your thoughts on debt and investment? Go back and put a + or -. 11:04 Build a purpose and a vision. Find a deeper why we need financial goal.

  • @theinttheintwin8139

    @theinttheintwin8139

    9 күн бұрын

    ❤❤❤

  • @user-ls2ry6kd9v
    @user-ls2ry6kd9v4 ай бұрын

    I’m very much aware of the great benefits of working with a pro but I haven't found one for myself.

  • @INTER.NET_TONY
    @INTER.NET_TONY4 ай бұрын

    It's simple Generate

  • @yung1448
    @yung14485 ай бұрын

    Hey there! Just wanted to remind you that it's never too late to start taking your investment journey seriously. I remember struggling for years before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope, my friend.

  • @douglaschester2097

    @douglaschester2097

    5 ай бұрын

    Spot on. The market presents a lot of opportunities to create passive income, with the right skill and proper understanding you're good to go.

  • @thelostgeneration2000
    @thelostgeneration20007 ай бұрын

    Капитан очевидность курит в стороне

  • @user-be7rz2dd4i
    @user-be7rz2dd4i4 ай бұрын

    The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas.

  • @JuanRalston-le4oi

    @JuanRalston-le4oi

    4 ай бұрын

    Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and in stocks too. Make your due diligence before going into anything

  • @user-be7rz2dd4i

    @user-be7rz2dd4i

    4 ай бұрын

    Thanks. I will certainly be. Have you got any passive income you earn currently?

  • @AmandaConclaves

    @AmandaConclaves

    4 ай бұрын

    A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back,In the aftermath of my lengthy divorce, I found solace in a local community event where I met a seasoned financial mentor named Alex. Our initial conversation bysparked a connection, and over time, he generously shared his wealth of financial wisdom. With his guidance, I navigated the complexities of rebuilding my finances, and together we forged a path toward stability and prosperity. Alex became more than a mentor; he became a beacon of support during a challenging chapter of my life.

  • @user-be7rz2dd4i

    @user-be7rz2dd4i

    4 ай бұрын

    Yea well I understand the getting burnt from emotions part. I’ve certainly made rash decisions based off emotions. I will like to get to know this Alex. Is there a way to get a hold ?I can tell him you recommended him.

  • @bradleyengels8156
    @bradleyengels81566 ай бұрын

    So boring........

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