"If you don't know what you want to accomplish, it's hard to accomplish it. And if you haven't put numbers to it, then it's just a dream not a plan." – Robert Schulz
How much does your financial freedom cost? If you have it, put numbers on it! Top Financial Advisor and Founder of Schulz Wealth, Ltd, Rob Schulz emphasizes the importance of financial planning to present and future successes. In this episode, Ted and Rob will help you recreate your vision board, adopt good money habits, and plan your finances wisely. Too much cash is too much! Understand the real essence of your freedom and set realistic goals that will push you further rather than burden you down. Learn how to manage your cash flow, improve your credit scores, make investments within your capacity, protect your investments, and avoid the debt trap. Plan your finances and get the benefits of taking action early. Tune in and craft your best years ahead!
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Highlights:
02:34 Why It's Hard To Plan Your Finances
05:16 Compounding Interest Benefits
08:11 Have Your Vision Board
08:55 Start Wherever You Are!
10:39 Adopt Good Money Habits
14:24 Managing Debt And Cash Flow
19:45 Planning For Chaos, Unforeseen Expenses
23:03 Planning For Your Own Death
27:57 Managing Risks