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Where Do I Start? How Do I Put My Financial Game Plan In Motion? - Episode 291

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Manage episode 384133905 series 2909608
Content provided by Curtis May. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Curtis May or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this short episode, I went live and talked about how the principles-based planning works and how properly structured dividend-paying whole life is a tactic that gives you a certain path to wealth creation. I also tackle how important it is to have an organized and strong cash flow.

Please visit our website: www.practicalwealth.net/. Tune in now!

Highlights

  • First principle: Saving 15% of your gross income
  • Importance of liquidity and understanding basic economic principles
  • Advocacy for investing in cash flow instead of nest eggs
  • The three rules of investing
  • Why you should start creating an emergency fund
  • The importance of understanding financial philosophy
  • Steps toward attaining financial independence
  • The concept of economic childhood, the reliance on a single source of income, and the restrictions of the wage-earning model
  • Focus on becoming a financial master or "Jedi"
  • Advocacy for setting short-term goals and measuring progress backward
  • The importance of a financial plan or map.

Links and Resources from this Episode

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

Make sure you’re subscribed to the podcast so you get the latest episodes.

  continue reading

322 episodes

Artwork
iconShare
 
Manage episode 384133905 series 2909608
Content provided by Curtis May. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Curtis May or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this short episode, I went live and talked about how the principles-based planning works and how properly structured dividend-paying whole life is a tactic that gives you a certain path to wealth creation. I also tackle how important it is to have an organized and strong cash flow.

Please visit our website: www.practicalwealth.net/. Tune in now!

Highlights

  • First principle: Saving 15% of your gross income
  • Importance of liquidity and understanding basic economic principles
  • Advocacy for investing in cash flow instead of nest eggs
  • The three rules of investing
  • Why you should start creating an emergency fund
  • The importance of understanding financial philosophy
  • Steps toward attaining financial independence
  • The concept of economic childhood, the reliance on a single source of income, and the restrictions of the wage-earning model
  • Focus on becoming a financial master or "Jedi"
  • Advocacy for setting short-term goals and measuring progress backward
  • The importance of a financial plan or map.

Links and Resources from this Episode

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

Make sure you’re subscribed to the podcast so you get the latest episodes.

  continue reading

322 episodes

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