Todd Strobel and Kim D.H. Butler examine your vocabulary and explain the power in words. Today, Kim breaks down several ways to adjust your vocabulary to create more positive outcomes. Todd looks into the way we feed our brains. Finally, they compare trains of thought to better understand the words we attribute to different phrases in the financial world.
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[1:40] The Power of Words from Will Duffy
[2:36] Gratitude vs Entitlement
[4:01] Compliment vs Criticize/Complain
[5:51] Forgiving vs Holding a Grudge
[6:48] Fail and Pivot vs Fail and Blame
[9:09] Talking Ideas vs Talking People/Things
[10:10] Feed Your Brain Valuable Words
[11:28] Borrowing Against vs Borrowing From
[13:41] Interest Payment vs Interest Cost
[14:45] Pay-Up vs Pass-Up
[15:50] Opportunity Cost
[17:17] Busting the Interest Rate Lies