PODCAST EPISODE 192: Your Financial Sacred Cows Could Be Milking You
EPISODE SUMMARY
Have you questioned your financial beliefs recently? Some would say we have a tendency to hold onto our “sacred cows” and stick with financial practices because it’s “always been that way”. Check out this live podcast with Paul and Cory as they breakdown our financial sacred cows.
WHAT WAS COVERED
- 00:35 Episode Begins.
- 00:35 – Paul Welcomes.
- 01:38 – Cory Explains Title.
- 04:00 – 401ks and how they came into power.
- 07:14 – Reverse tax planning.
- 09:10 – What is a financial entertainer?
- 14:15 – Paying down your house
- 18:25 – Stock Picking
- 27:15 – How to connect to Sound Financial Group
- 29:55 – Baby planning. Money making.
- 34:05 – Spending money shouldn’t be your dopamine hit.
- 39:26 – Episode Conclusion
- 40:35 – Episode ends, thank you for listening.
TWEETABLES
[Tweet “Paul on 401k planning: ‘Even if you retire on a portion of your income that you made in your mid-fifties you’ll still be in a higher tax rate even if tax rates don’t change when you get into your old age.’ #YourBusinessYourWealth”]
[Tweet “The financial world is saying that either you can hire someone to do stock picks or you can stock pick yourself, but it’s a myth there selling. #YourBusinessYourWealth”]
[Tweet “We don’t want to bank on any single asset class because that’s just market timing and stock picking in disguise. #YourBusinessYourWealth”]
LINKS
Curious what you can accomplish with our help? Schedule a free 15-minute meeting with us! sfgwa.com/scheduling
Sound Financial Group’s Website for a Financial Inquiry Call – [email protected] (Inquiry in the subject)
Your Business Your Wealth on Instagram
Your Business Your Wealth on Facebook
Sound Financial Group on LinkedIn
Cape Not Required (Cory’s Book)
Sound Financial Advice (Paul’s Book)
Clockwork: Design Your Business to Run Itself
Loserthink: How Untrained Brains Are Ruining America
SHARE THE SHOW
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Click this link – Your Business Your Wealth
Click on the ‘Subscribe’ button below the artwork
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MUSIC CREDITS
Contains a sample of “King” by Zayde Wølf courtesy of Lyric House.
PRODUCTION CREDITS
Podcast production and show notes by Greater North Productions LLP
Recorded using Switcher Studio: [email protected]
