Ekabo Home Financial Freedom Mastermind Podcast

142. The Fiduciary Advantage: Finding Clarity in Your Financial Journey


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🌟 Redefining Financial Freedom: Insights from Michael Scarpati! 🌟
Welcome to the Ekabo Home Financial Freedom Podcast! I’m your host, Niyi Adewole, and today we’re excited to be joined by Michael Scarpati, the founder and CEO of Retire Us, a Fintech platform dedicated to simplifying retirement planning and connecting individuals with independent fiduciary experts.

šŸ”„ The Quote of the Day:
"Money is a jealous mistress. If you do not pay attention to it, it will leave you."

This quote encapsulates the importance of being proactive in your financial journey. Michael emphasizes that awareness and understanding of your financial situation are crucial to achieving long-term success. This powerful quote highlights the necessity of being proactive in your financial journey. It’s a wake-up call to all who may feel overwhelmed by their finances—understanding and managing your money is key to achieving long-term success.

šŸ” We’re Unpacking Key Insights from Our Conversation:

šŸ¤‘Understanding Money's Role:
Michael shares his unique upbringing with two contrasting views on money from his parents, shaping his perspective on financial planning.

1. The Inspiration Behind Retire Us:
āž£Discover how Michael’s experiences in the financial industry highlighted the need for accessible, high-quality financial advice for everyone.

2. Independent Fiduciary Explained:
āž£Learn the difference between independent fiduciaries and traditional financial advisors, and why it matters for your financial health. Fiduciaries prioritize your best interests over institutional agendas, ensuring you receive unbiased advice.

3. Common Financial Mistakes:
āž£Michael discusses the most overlooked financial mistakes people make during job transitions and how to avoid them.

4. Financial Checkpoint Tool:
āž£Explore the free financial checkpoint tool offered by Retire Us, designed to identify red flags and improve your financial literacy.

šŸŽ™ļø Episode Highlights:

šŸ” Navigating Financial Clarity:
Michael emphasizes the importance of understanding your lifestyle costs and how they impact your financial planning and retirement goals.

šŸ“ˆ Inflation Insights:
Gain insights into how inflation affects your purchasing power and why it’s essential to invest wisely to keep up with rising costs.

šŸŒ† Building a Financial System:
Michael discusses the significance of creating a personalized financial system that aligns with your goals and lifestyle, rather than relying on cookie-cutter solutions.

šŸ’” The Importance of Financial Consciousness:
Understand why financial consciousness is more critical than mere financial literacy, focusing on the "why" behind your financial decisions.

āœ… Key Insights You’ll Gain:

  • Learn how 95% of financial advisors aren't legally required to act in your best interest.
  • Discover the new subscription-based model bringing fiduciary guidance to small investors.
  • Why having a 401(k) or brokerage account doesn’t mean you're financially healthy.

šŸ—“ļø Tune in every Wednesday at 7 PM Eastern! Don’t miss out on our journey toward financial freedom through smart investments.

šŸ‘‰ Hit that subscribe button and turn on notifications so you never miss an update! Let’s unlock your potential together!

Our Links

āž£ Financial Freedom Mastermind Facebook Group - https://www.facebook.com/groups/53083...

āž£ Peer Space Host Referral Link https://www.peerspace.com/referrals/g...

āž£ AirBNB Host Referral Link https://www.airbnb.com/r/niyia41

āž£ Ekabo Home Network (IG, Youtube, Email) https://linktr.ee/ekabohome

Niyi Adewole is a licensed realtor in Georgia, brokered by EXP Realty. Feel free to reach out at [email protected] if you would like to work with an investor friendly real estate agent.

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Ekabo Home Financial Freedom Mastermind PodcastBy Niyi Adewole