It's that time of the year, where waistlines usually get bigger, while bank accounts get a lot slimmer. Financial expert, Rohit Kalra joins us, to discuss why your fiscal fitness and physical fitness are in direct correlation with one another. Also, Rohit shares the top personal financial strategies you can implement right now, to avoid going into the new year in debt, while increasing your "net cash flow," as well as the following:
What is "net cash flow" & why is it something anyone who "makes money" needs to understand & start today
How is increasing your net cash flow like pursuing a healthy diet or utilizing the proper training programHow does Rohit help his clients find the proper mindset to change their income for the betterWhy do you need to take a "ruthless approach" to increasing your net cash flowHow is social media playing a part in keeping you in the poor houseWhat should you invest in, once you optimize your net cash flow....it may not be what you thinkWhy should "investing in yourself" be your one of, if not, your primary investment option once you've optimized your incomeWhat is the "one" question everyone should ask themselves before thinking of investing any extra incomeWhat are Rohit's views on real estate acquisitionWhat should you consider, regarding the purchase of a house, via a "renter's technique"When is renting actually a good idea, and why does renting often get an undeserved bad rapWhy does Rohit place the capital markets (i.e. stocks, bonds, retirement accounts) at the bottom of his net cash flow frameworkWhat is the true definition of "retirement," and why most get it wrong & why it opens doors to desired risksWhat are sustainable withdrawal rates & how should you utilize them in order to set up a successful retirementWhy is it always important to have a cash reserveWhat is Rohit's view on good debt vs. bad debt, and what is his personal solution
All this and much more:
Links & Resources mentioned in the show:
Help LLA friend of the show, Jase Nibourg, kick cancer's ass by donating at: http://www.gofundme.com/z3sh4v4Keep the LLA Podcast free. Become a monthly supporter via $5 or more on Patreon: http://www.patreon.com/llapodcastWarrior Angels Foundation: http://warriorangelsfoundation.orgPurchase Aggressive Strength products: http://strengthbymahler.comPurchase Aggressive Strength Bundles: http://budurl.com/mahlerbundlesPurchase New Warrior Training products: http://newwarriortraining.comSincere's Top 5 coffee suggestions: http://newwarriortraining.com/coffeestands/Rohit's Websites: http://www.theassetclassdifference.com http://www.kalrafinancial.com/
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