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The Power of Awareness and Owning Your Inner 10 | Russell Schmidt
Episode 12

The Power of Awareness and Owning Your Inner 10 | Russell Schmidt

Russell Schmidt on the Power of Journaling and Creating Financial Confidence Episode 12 In this episode, I have an insightful conversation with Russell Schmidt, the founder and president of Informed Money Inc. With over 30 years of experience in the financial industry, Russell shares his journey from being an educator and dean at Sheridan College to becoming a certified financial planner and coach. His story is one of transformation, where he discovered the importance of aligning inner and outer purposes after decades of pursuing traditional markers of success. Russell emphasizes the significance of values in personal and professional life, particularly the value of integrity, which he describes as aligning one's outer world with their inner values. He explains how he moved away from the societal conditioning of chasing status and money, finding fulfillment in developing a deeper understanding of his inner purpose. A key part of this journey was his involvement with Strategic Coach, which helped him integrate his experiences into a holistic approach to wealth and happiness. Throughout our discussion, Russell shares how journaling became a pivotal tool in his life, especially during challenging times, including his battles with cancer. He discusses how journaling not only helped him process emotions but also fostered a mindset of gratitude and positivity. Russell's approach to journaling transformed over the years, from sporadic entries during difficult times to a disciplined daily practice that enriches his personal growth. We also explore the innovative tools Russell developed in his financial planning practice, such as the Profit Tracker, which helps clients clearly understand their financial progress by focusing on net profit rather than just market performance. This tool has been instrumental in building client confidence and engagement, even during turbulent financial times. This episode is a deep dive into the importance of self-awareness, the power of journaling, and how integrating personal growth with financial planning can lead to a more balanced and fulfilling life. To connect with Russell and learn more about his work, visit https://www.informedmoney.ca Simplify you're finances with Visual Wealth's unique money strategies. Visit www.visualwealth.ca to get the FREE MoneySweet App. #richardcanfield #innovateandovercome 00:00 Russell Schmidt on Inner Purpose and Strategic Coach 06:18 Richard on Being Clear on What You Don't Want to Do 10:53 In the Elevator With Russell 20:08 The Future of Personal Finance 24:31 Discover Your Natural Profits with the Colby Method 32:11 Journaling for Cancer 3 Times 36:57 Richard Canfield on Cash Follow The Leader 41:10 The Most Important Person in My Life 46:36 When Do You Include Others in Your Conversations?Unlock your potential get our FREE GUIDE HERE: https://coachcanfield.com/ Get my Bestselling Book and Start incredible Family Banking Conversations today: https://dontspreadwealth.com/ Learn how to implement The Infinite Banking Concept with this FREE Webinar now: https://learnibc.com/ Get a FREE Copy of my Second book and learn how to grow CASH VALUE you can control over a lifetime: https://coachcanfield.com/cashfollows

Innovate & Overcome: Unleashing Potential

September 10, 202449m 24s

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Show Notes

Russell Schmidt on the Power of Journaling and Creating Financial Confidence

Episode 12

In this episode, I have an insightful conversation with Russell Schmidt, the founder and president of Informed Money Inc. With over 30 years of experience in the financial industry, Russell shares his journey from being an educator and dean at Sheridan College to becoming a certified financial planner and coach. His story is one of transformation, where he discovered the importance of aligning inner and outer purposes after decades of pursuing traditional markers of success.

Russell emphasizes the significance of values in personal and professional life, particularly the value of integrity, which he describes as aligning one's outer world with their inner values. He explains how he moved away from the societal conditioning of chasing status and money, finding fulfillment in developing a deeper understanding of his inner purpose. A key part of this journey was his involvement with Strategic Coach, which helped him integrate his experiences into a holistic approach to wealth and happiness.

Throughout our discussion, Russell shares how journaling became a pivotal tool in his life, especially during challenging times, including his battles with cancer. He discusses how journaling not only helped him process emotions but also fostered a mindset of gratitude and positivity. Russell's approach to journaling transformed over the years, from sporadic entries during difficult times to a disciplined daily practice that enriches his personal growth.

We also explore the innovative tools Russell developed in his financial planning practice, such as the Profit Tracker, which helps clients clearly understand their financial progress by focusing on net profit rather than just market performance. This tool has been instrumental in building client confidence and engagement, even during turbulent financial times.

This episode is a deep dive into the importance of self-awareness, the power of journaling, and how integrating personal growth with financial planning can lead to a more balanced and fulfilling life.

To connect with Russell and learn more about his work, visit https://www.informedmoney.ca Simplify you're finances with Visual Wealth's unique money strategies. Visit www.visualwealth.ca to get the FREE MoneySweet App.

#richardcanfield #innovateandovercome

00:00 Russell Schmidt on Inner Purpose and Strategic Coach

06:18 Richard on Being Clear on What You Don't Want to Do

10:53 In the Elevator With Russell

20:08 The Future of Personal Finance

24:31 Discover Your Natural Profits with the Colby Method

32:11 Journaling for Cancer 3 Times

36:57 Richard Canfield on Cash Follow The Leader

41:10 The Most Important Person in My Life

46:36 When Do You Include Others in Your Conversations?

Unlock your potential get our FREE GUIDE HERE: https://coachcanfield.com/

Get my Bestselling Book and Start incredible Family Banking Conversations today: https://dontspreadwealth.com/

Learn how to implement The Infinite Banking Concept with this FREE Webinar now: https://learnibc.com/

Get a FREE Copy of my Second book and learn how to grow CASH VALUE you can control over a lifetime: https://coachcanfield.com/cashfollows