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Join us on Average Joe Finances as our guest Curtis May, the host of The Practical Wealth Show Podcast and the creator and owner of Practical Wealth Advisors. Curtis has been planning for individuals for more than 35 years, and he is passionate about helping his clients save money and live the very best life they can right now. The primary focus of his financial planning firm is to help businesses and families become financially free by following the principles of wealth creation that have endured for centuries around the world.

In this episode:

• The importance of understanding cash flow, the differences between saving and investing, and principles for wealth creation. 
• Challenges common financial advice, such as solely relying on 401(k)s and mutual funds, and emphasizes the value of holistic planning and financial literacy.
• Discussing topics like debt management and proactive financial planning.
• Practical tips for those starting their investment journeys and the importance of continual learning in personal finance.
• And so much more!

Key Moments:

00:44 Curtis May's Background and Journey

03:11 Financial Philosophy and Influences

05:47 Practical Financial Strategies

10:47 Cashflow Management and Budgeting

21:07 Debt Management and Financial Literacy

24:13 Debt Restructuring Insights

25:11 Understanding Constructive vs. Destructive Debt

25:45 Financial Literacy and Income Types

26:07 The Four Rules of Financial Institutions

27:44 The Importance of Skillset and Mindset

30:25 Entrepreneurial Challenges and Realities

32:20 Final Round: Financial Mistakes and Lessons

34:55 Investing Tips and Rules

36:58 Favorite Books and Resources

39:05 The Power of Financial Games

40:48 Where to Find More Information

45:21 Closing Remarks and Gratitude

Find Curtis May on:

Website: https://www.practicalwealth.net/ 

LinkedIn: https://www.linkedin.com/in/curtismay/

Average Joe Finances®

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Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

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