EPISODE SUMMARY In this episode, Paul speaks about the kinds of external pressures that push in on entrepreneurs that make them think they’re being as successful as they can be with their money, even though they may not be doing the right things that lead to long-term financial well being in their personal balance sheet….
EPISODE SUMMARY In this episode, Paul speaks about what he’s observed from business owners and entrepreneurs, including the high failure rates of entrepreneurship, how difficult it is for a business to be financially fruitful enough to support itself in five to ten years, and the major impact entrepreneurs have on the world. He explains how…
EPISODE SUMMARY In this second episode of a two-part series, Paul and Cory continue to discuss some common money mistakes and offer advice to help you learn from the problems others have faced. They address how people miss the Backdoor Roth IRA, the problems associated with people talking to a product salesperson instead of an…
EPISODE SUMMARY In this first episode of a two-part series, Paul and Cory address some common money mistakes and offer advice to help you learn from other people’s mistakes. They discuss the problem of maxing out your 401k, the importance of being aware about your protections and evaluations, the parachuter’s paradox, and the difference between…
EPISODE SUMMARY In this episode, we talk about the mistake of following the words of financial entertainers, namely, Dave Ramsey, for facts without proper research. We examine why false expectations and over projections as a result of misinformation can be harmful to you financially. In addition, we note that when statements cannot be backed up…
EPISODE SUMMARY In this episode of the two part series on the basics of disability insurance, Paul discusses with Cory about the provisions you should look for in any disability insurance you already have or are considering. They go over the importance of paying attention to the language of the contract and how to maximize…
EPISODE SUMMARY In this episode of Sound Financial Bites, I speak with Cory Shepherd, the president of Sound Financial Group about the topic of disability insurance—something people have either personally dealt with, or have known others who have went through it. Either way, everybody has some type of relationship with disability insurance. We discuss the…
EPISODE SUMMARY In part four of this 10 part series, Why We Should Talk, Paul and Cory talk about the “White Coat Window,” the period of time in any person’s career where they’re making more money than they’ve ever had before. There is a critical window of six months to one year where the decisions you make…
EPISODE SUMMARY In part three of this 10 part series, Why We Should Talk, Paul and Cory are talking about the different challenges people run into when they leave one job to start another. What should you do with your 401(k)? What happens with your benefits? What if you have a change in job location? How do…
EPISODE SUMMARY In part two of this 10 part series, Why We Should Talk, Paul and Cory are talking about the wildly popular cryptocurrency, Bitcoin and if you should consider investing your money in it. Paul and Cory also discuss speculation vs investing and the risks that come with implementing a speculation strategy. WHAT WAS…
