PODCAST EPISODE 220: Financial Independence at age 52, earning less than $100k

WHAT WAS COVERED

  • 00:00 – Paul welcomes listeners.
  • 00:45 – Welcoming guest, Chris Fabbro
  • 02:00 – Chris Fabbro’s background.
  • 06:25 – Government retirement programs.
  • 13:00 – The financial turning point.
  • 15:30 – Identify your luxuries.
  • 22:30 – Responsibly delaying expenses to refrain from running the ‘rat race’.
  • 27:20 – Setting an example for lifestyle choices.
  • 36:05 – Finding rewarding experiences that don’t cost you money.
  • 38:35 – Recap
  • 39:00 – Episode ends, thank you for listening.

[Tweet “Pay yourself first, By saving for your future. #YourBusinessYourWealth”]

[Tweet “What habits do you have that you can reconsider? What in your finances causes ‘death by a thousand cuts’? #YourBusinessYourWealth“]

[Tweet “Setting an example in your financial lifestyle shows others that there is another path they can take if/when they find they are moving in the wrong direction financially.

#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

Paul Adams on LinkedIn

Cory Shepherd on LinkedIn

Cape Not Required (Cory’s Book)

Sound Financial Advice (Paul’s Book)

Clockwork: Design Your Business to Run Itself

Mike Michalowicz’s Book – Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine

Loserthink: How Untrained Brains Are Ruining America

SHARE THE SHOW

Did you enjoy the show? We would love it if you subscribed today and left us a 5-star review!

Click this link – Your Business Your Wealth

Click on the ‘Subscribe’ button below the artwork

Go to the ‘Ratings and Reviews’ section

Click on ‘Write a Review’

——————————————————————————————————————————-

Transcribed by https://otter.ai

This Material is Intended for General Public Use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation, or to otherwise act in a fiduciary capacity. Please contact one of our financial professionals for guidance and information specific to your individual situation.

Sound Financial Inc. dba Sound Financial Group is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Insurance products and services are offered and sold through Sound Financial Inc. dba Sound Financial Group and individually licensed and appointed agents in all appropriate jurisdictions.

This podcast is meant for general informational purposes and is not to be construed as tax, legal, or investment advice. You should consult a financial professional regarding your individual situation. Guest speakers are not affiliated with Sound Financial Inc. dba Sound Financial Group unless otherwise stated, and their opinions are their own. Opinions, estimates, forecasts, and statements of financial market trends are based on current market conditions and are subject to change without notice. Past performance is not a guarantee of future results.

Each week, the Your Business Your Wealth podcast helps you Design and Build a Good Life™. No one has a Good Life by default, only by design. Visit us here for more details:

yourbusinessyourwealth.com

© 2020 Sound Financial Inc. yourbusinessyourwealth.com

PRODUCTION CREDITS

Podcast production and show notes by Greater North Productions LLC

Related Posts

  • PODCAST EPISODE 214: 401(k) Stolen, Family Tries to Kill Father

    EPISODE SUMMARY Topics Covered:Gilbert man groomed, then scammed out of entire 401(k)(By AZFamily.com) This Darkly Humorous Life Insurance Ad Has the Best Legal Disclaimer in Ad History(By Adweek.com) Five Questions to Ask if You Are Named Executor of an Estate(By The Wall Street Journal) WHAT WAS COVERED [Tweet “As an executor of an estate you should be asking, who’s on…

  • PODCAST EPISODE 237: Why Spouses Should Plan Together

    WHAT WAS COVERED [Tweet “Two people can move a couch real easy. One person alone can’t. This concept applies to finances in your household. #YourBusinessYourWealth”] [Tweet “Marriage Isn’t 50/50 it’s 100/100. #YourBusinessYourWealth”] [Tweet “Money isn’t every part of the relationship but it touches the most parts of a relationship. #YourBusinessYourWealth”] LINKS Curious what you can accomplish with our help? Schedule a free 15-minute…

  • Podcast Episode 47: Build Your Aims for 2017

    EPISODE SUMMARY Paul discusses the type of goals and clear vision you should be thinking about for the new year. He talks on how you should begin to set your aims for 2017, and encourages you not to just do it because someone told you to, but to do it because your future depends on the life you choose to…

  • Podcast Episode 91: Academics of Investing with Special Guest from Dimensional Fund Advisors, Jake Dekinder

    EPISODE SUMMARY Jake DeKinder is the head of all advisory communications and the VP of Dimensional Fund Advisors. Jake works with advisors across the world to help them better communicate to their clients in plain language the complex topics surrounding investing. He received his MBA from the McCombs School of Business at The University of Texas at Austin and he…

  • PODCAST EPISODE 135: LIFE INSURANCE AS AN ASSET CLASS WITH DICK WEBER

    EPISODE SUMMARY In this episode of the Sound Financial Bites Podcast, Paul and Cory welcome Dick Weber, a financial planner and life insurance advisor. Dick’s firm, Ethical Edge, helps to improve the integrity of communication and understanding of today’s life insurance policies. Paul, Cory and Dick talk about life insurance as an asset class, financial strategies, and volatility buffers. WHAT…

  • PODCAST EPISODE 256 – Seeing Through Media Falsehoods

    WHAT WAS COVERED [Tweet “So many pieces of news can masquerade as facts that we don’t know, and we have to pay really careful attention. #YourBusinessYourWealth”] [Tweet ” we might know what to do financially, but we probably don’t know what we shouldn’t do financially.#YourBusinessYourWealth”] [Tweet “One of the cognitive biases is that if something rhymes we automatically feel like it…