Germaine Foley

speaker

24,575 appearances 85 recordings 1 series first heard Dec 2024 last heard 4 Aug

Germaine Foley’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 45 in all, peaking in Jun 2026 with 5.

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Income is a very important piece of the puzzle, but it's just one piece.

Yes, more income will give you capacity.

It will give you more resources.

It will give you more opportunities.

But building wealth depends on what happens after you earn the money.

This is why knowing your financial position matters so that you can measure the difference.

Remember, your financial position is a snapshot of where your finances stand at a particular point in time.

You could take that snapshot today and take another one six months from now.

Then you can compare them.

Did you pay down the debt?

Did you increase the savings?

Did you invest more?

Did you increase your cash flow?

And most importantly, do you feel like you have more breathing room financially?

Because the truth is, when it comes to your financial position, three things can happen.

It can improve, it can stay about the same, or it can even become weaker.

So we cannot automatically assume that making more money means your financial position will automatically improve.

That's just not how it works.

And I just explained why.

And it's due to your financial thermostat.

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