The four stages of wealth: What to focus on at each stage

March 2
56 mins

Episode Description

In this Australian Finance Podcast episode, Gemma Mitchell sits down with financial adviser, author and host of the Financially Fierce Podcast, Jess Brady. Jess is the author of Get Growing and founder of The Greenhouse education program.

Together, they unpack Jess’s powerful framework: the four stages of wealth — and what you should actually focus on at each stage.

They cover:

– Why money feels overwhelming (and why you’re probably not the problem)

– The four stages of wealth: Sprouted, Grounded, Thriving and Abundant– Why trying to “skip stages” slows your progress

– The biggest mistakes people make at each stage

– How to identify where you are right now

– The number one “weed” sabotaging most people’s progress


If you like this Australian Finance Podcast episode on building wealth in stages, you'll love our series. Don't forget to subscribe for weekly shows on Apple (hyperlinked with this https://podcasts.apple.com/au/podcast/australian-finance-podcast/id1454193127), Spotify (hyperlinked with this https://open.spotify.com/show/0KEsqdQgVCL6BKomPoNVOz), YouTube (hyperlinked with this https://www.youtube.com/channel/UCvOPFdkhCBIK2Y5QbDtOZXA), or wherever you get your podcasts!

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Topics Covered

– Why Does Money Feel So Hard?

– “Am I the Problem?” (The Hot Iron Theory)

– The Gardening Framework for Wealth

– The Four Stages of Wealth Explained

– Stage 1: Sprouted

– Financial Mindfulness

– Stage 2: Grounded

– Financial Security

– Stage 3: Thriving

– Financial Independence

– Stage 4: Abundant

– Financial Freedom

– What Happens When You Skip Stages

– Common Money “Weeds” That Stall Progress

– How to Identify Your Stage Honestly

– How Long You Should Spend Managing Your Money Each Week

– Matching Your Money Actions to Your Stage


Resources for this episode

Buy Gemma’s book “The Money Reset”

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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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