As a reminder, the Millionaire Money Mentors Black Friday Sale 2022 is going on now. Click through the link if you want details.
I am really enjoying the Millionaire Money Mentors (MMM) forums.
And I don’t mean as the site’s owner. I mean as a member, mentor, and participant.
I spend at least twice the time there that I do on ESI Money because there are so many great things going on.
What are those things? I’m glad you asked. 😉
Before I get started, let me say that you can read what others have said about how MMM has contributed to their lives. You may consider my thoughts biased, and if so, I suggest you check out the thoughts from our mentors and members.
Today’s post will focus on my experience. I’ll detail five great things that I love about the forums (there are many more than five, but I wanted to keep this post to a reasonable length! Hahaha.)
Here’s my list:
You’ll probably find it interesting (surprising?) that the first item on my list does NOT have anything to do with finances (or at least much).
No, for this item all I want to emphasize is that the forums is less like a business or mastermind group and instead has become a close-knit community.
We are a group of people who have come together with a common interest, want to help each other (more on that below), and wish the best for each other.
And when you get a group of folks like this gathers in one place, it turns out to be really special. As such, our group has grown into much more than a collection of individuals. It has truly become a community in every sense of the word.
I have made some really great friends in the forums. Friends who I can talk to, get thoughts from, and chat about almost any topic (even beyond money).
I have met a few of these in person and I can say they have all been amazing people.
And I hope to meet more in the future. Several are now headed down to The Villages late this year and early next year for “Lifestyle Visits,” which is basically a trip to see and experience The Villages for themselves. Then we have about 20-30 who will be part of our first MMM get-together this April in Florida. So all in all I hope to meet 30-40 members and mentors from the forums over the next several months. I can’t wait!!!
Making social connections can be difficult in retirement (or even in regular life) and yet are needed for a successful retirement (and life!). That’s just another reason I’m thankful for this group. They feel like a very large extended family who I chat with every day.
It’s a very cool dynamic and something I had hoped for when I started the group — but it’s turned out to be way more than what I had ever hoped for or imagined.
Now to the money stuff! LOL!
How many people do you have in your life that you can share your most intimate financial details with? If you’re like most people, you have few to none of these.
Finding people in real life with similar interests and financial status can be difficult. Finding people in real life with similar interests and several steps ahead of you wealth-wise is almost impossible.
Well, these people are playing at a whole ‘nother level!!!!
When I started the forums I was already retired and a multi-millionaire.
But they have introduced me to concepts, ideas, plans, strategies, tactics, and on and on that I had no idea about but was so glad to learn (FYI, tomorrow I’ll share five great money moves I’ve made as a result of the MMM). These have made my life both wealthier and simpler, helping my awesome retirement to become even better!
I haven’t taken a survey or recorded any stats, but based on the comments I would guess that the average mentor has $5 million in net worth, making the forums home to a group of mentors with over half a billion dollars in net worth!
In short, they have the knowledge and experience to help others however they need it.
3. Wide Range of Opinions
You might think that the group is full of one type of person from one part of the country all with the same take on every question.
That could not be farther from the truth!
There are people from all over the US (and even the world) in the forums.
They have vastly different opinions on almost every topic. Name a subject and there will be people for and against it. Even when we generally agree on an issue there’s usually a discussion of the counter-point and/or a handful of people advocating strongly for it.
FYI, we don’t allow political discussions for obvious reasons. Been there, done that, and it never works out. Hahahaha.
And while having a group of intelligent people with coherent opinions contrary to your own can be irritating at times (like when they show me I need to think in a different way!), I am so thankful there’s a group who can speak truth into my life, challenge my thoughts, and work to help me be a better money manager and person.
4. Welcoming People with a Desire to Help
Point #3 above would be a drag if the members were out to prove their smarts and how stupid others are. But that’s not this group at all.
First of all, they are very welcoming. Every time we have a new member join and introduce themselves, there’s an army of people there to congratulate them and offer suggestions for how to make the most of the group.
Second, they have a true desire to help others. Both the mentors and other members are willing to share their thoughts, experiences, and expertise with others to help as many people as they can as much as they can.
Finally, the members and mentors are simply some really great people. They are courteous, friendly, and super helpful — just the sort of people you want to be around.
As I said above, these three traits makes the group feel way less like an online membership and much more like a family.
Here’s a sampling of titles from the “Get Mentor Feedback” category to show the breadth of what is asked and commented on:
- Starting our own coffee shop, Any Advice?
- Which RMD service do you use?
- How to advance on international non-profit career? Advice please!
- Combining Finances After Getting Married
- How to Challenge a Low Pay Raise?
- Buying a Business–What tips do you have?
- Advice: My 71 [year old] mom needs to retire
- How to Make the Back Yard of Our Dreams
- Sold my home and made $800k in profit…need tax advice to avoid a large tax bill
- Help me fire my financial advisor
- When to slow down 401k max contributions?
- Dealing with unauthorized tenant’s roommate
And they go on and on from here!
The summary: These forums have people who are willing to help and have the expertise and experience to give a wide range of feedback for anyone to consider before taking action.
Who could ask for anything more?
5. Breadth of Topics
When you combine a ton of successful people, they bring up a whole host of subjects, and others like to chat about them.
So we cover earning, saving, and investing (of course!) but also discuss topics as diverse as upcoming travel plans (I love to see photos of where others have visited!), what we would eat for our last meal (we’ve been on kind of a “what do you want to do to make the most of the rest of your life” theme lately), inflation (and what to do), Social Security and Medicare, and on and on.
We also have a “Humble Brag” thread where members share great things happening in their lives. I really like to read these and celebrate their successes as a group.
Just look above for a very partial list from one single category and you can see for yourself the wide range of subjects we cover. FYI, as of this writing we are closing in on 7,000 total threads over the history of the forums. We chat a lot. 😉
As you can see from these five items, the membership has really turned into something special.
But there is one thing it’s missing that could make it better — you.
As such, I hope to see you in the forums in the next few days. The group will be happy to see you there and welcome you into our community!