In this episode of The Roy Matlock, Jr. Money and Business Hour, aired May 17, 2025, Roy dives deep into what he calls the "GPS approach" to personal finance—Goal, Plan, Schedule. He outlines how financial success doesn’t happen by accident, but by implementing a clear and structured roadmap. Roy explains that every effective financial plan begins with understanding your goals, assessing where you are today, and crafting a step-by-step strategy to get where you want to go.

The episode covers both sides of the wealth-building equation: defense (protecting your assets and income) and offense (strategically growing your money). Roy stresses the importance of annual reviews, budgeting, proper debt management, and using tax-efficient strategies across multiple income streams. He also explains how small steps—like setting up investment accounts for children—can change a family's financial trajectory for generations.