Podcast And Blog

EPISODE SUMMARY In part 3 of this series on 401(k) plans, Paul Adams talks about the importance of assessing your financial situation, how much you should begin contributing to your 401(k), how you should invest your money, and how to choose the taxation of the money. WHAT WAS COVERED 03:15 – How your money is separated from a timing perspective…

Once you figure out your true net worth, it’s time to ask arguably the most important question any entrepreneur can ask themselves: what kind of life do you want? This doesn’t mean generally, such as “I’d like to have more money” or “I’d like to have more free time.” You need to outline exactly what you want. Do you want…

EPISODE SUMMARY Paul continues his discussion on the 401(k) and covers why both financial institutions and the IRS want you to put money into it. The 401(k) can actually be damaging to your financial future if you aren’t aware how to navigate it correctly. However, there are ways where you can make your 401(k) work for you, but you’ll have…

When you’re an average Joe, calculating your net worth is simple. How much money do you have in your bank account? Subtract your liabilities (debt) from your assets (money and possessions), and there you go. However, if you’re an entrepreneur, the process can get foggy. Many entrepreneurs have no idea what they’re worth because they tie their business’ value into…

WHAT WAS COVERED 02:25 – There are three large groups out there who want you to put money in your 401(k). 03:35 – Let’s first start with your employer. 08:25 – It became a huge advantage for the working American to move from job to job when they had a 401(k). 09:15 – Why did employers go from pensions to…

This is the first in our educational series, Basics of Finance, and what you can expect to learn over the course of this series. https://www.youtube.com/watch?v=l-zSQeePS3Q&list=PLiRVo530Ns_AAPSezTLWE5u4hU2PzVE2-