Stanley walks through situations that are a part of everyday life, life events.

1. Debt: this is part of the growing phase of life and when managed well and used with intentionality, can propel you forward.

2. Growing, either individually or with a family, is a life event that asks you to determine your absolute needs, figure out who is on your team, and set your financial and lifestyle goals in place.

3. Understanding your Cash Flow Management at each stage of life and how it interacts with your Responsible Solution.

4. “Big Ticket” items, such as paying for college (your children’s or your own), buying a home, new car, and saving for retirement are larger expenses that need to be built into your financial foundation.

5. Enjoying life with financial responsibility allows you to take your vacations, build memories, and live the lifestyle you desire at any budgeting level.

6. Leaving a legacy, not just of wealth, but of knowledge. There is more to ‘money management’ than the dollar. There is more to leaving a legacy to your family than a check.

7. Lastly, financial stability isa the foundation of it all!

Stanley discusses the many options available to all consumers (you!) and which are best suited to your goals. Is a 401(k) my best option? How about a Roth? Stanley also covers which strategies, the timing to implement those strategies, and how they must be well-balanced. Is one solution good for everyone? Maybe for some, but not for everyone.

Stanley walks through a general overview of the B.A.S.I.C.S. and how traditional planning methods focus on interest rates and balance regarding traditional debt. What traditional planning fails to encompass is the rest of your personal economy, how everything functions with the cash flow at hand and the lifestyle goals you have. When you plan using a “Supercharged Savings Strategy”, you can put yourself in a position to accomplish more than one thing at a time and doing it holistically. Debt can be part of life for a season or a reason, but it is not the solution for everything all the time. The speaking figures have not delivered a solution that is realistic for the majority and does not account for when life happens. Guilt is not a solution and diets can only work on sunny days. Cash Flow Management and discipline is the key. Every dollar has a job, every dollar works as hard as you.

Stanley details why the ‘student loan problem’ in the United States is actually a family problem. Parents are at as much, if not more, risk than our student population. Is paying ‘cash for college’ the solution? (Ideally but not realistic for 90% of the population.) Instead, we should know exactly what we are up against and have a plan entering this distribution stage of our lives. The debt was created out of a desire for education. Using that same drive and passion, we need to own our part, be responsible with our resources, seek information outside of tradition, and rely on ourselves alone to pay it back. This can either be a speed bump along the way, an investment in yourself, or a tumor that impacts us the rest of our lives. It all depends on how you plan for it and having the discipline to follow up on your plan. First step? Understand the rules, timing (payoff schedule and potential earnings), and how to manage it in bite-sized pieces.

Stanley discusses the difference between ‘Life Insurance’ & ‘Death Insurance’. How we use it determines how we acquire it. Wealthy people use these same tools but how are they using it differently than us? Stanley also discusses why it is a foundational piece to our custom solutions for many as well as what we use when it doesn’t fit. Life insurance, when designed properly, checks many boxes we need and some we did not even know we needed.

Stanley discusses “Responsible Fun”. What is a transfer and how do you make it work for you or against you? How does it impact your lifestyle? Do you like to let your money work for other before it works for you? Cash Flow Management for both short-term and long-term goals allow for better health and mental stability. When we are able to pair this with a plan for tomorrow, you get the best of both worlds. Lifestyle and Goal Planning. Do not lose your youth planning for a tomorrow at the sacrifice of today, and do not live for today arriving at tomorrow broke, upset and unprepared.

Stanley discusses a wide variety of topics that we will be digging into further in future episodes. In the years following college, those who graduated and those who paid for it, will begin a new journey. The education seems to stop in a lot of ways, while we embark on new adventures. However, financial education was never there to begin with. As we enter the earning years of our careers, the learning years cannot be behind us. Financial education for the next phase of life is the most important lesson we learn and pass on to our loved ones. By sharing how money works and showing them how to have control, be prepared, and enjoy it along the way, life’s unexpectedness does not seem nearly as daunting.

Stanley walks through the modern approach to a industry standard that has failed more people than it has helped. How many people are self-insured by the time they pass away? It’s possible (and true) that the idea is on track but the premise is off-base. Why risk your savings if you are just getting started? The wealthy can afford the risk and invest the rest. Can you? Most likely no, not yet at least. The modern approach to successful planning that will help us achieve success for the next phase of our financial life.

Stanley discusses how those with true wealth think and act opposite of what the average American is told and educated to do. Through this episode you will hear how to begin applying some of the wealthy family techniques to your daily life. It all starts with a change to your thought process, not a new purchase. This is known as ‘The 5 Boxes’ as you will see in The Responsible Brand©’s other media outlets.

What does it mean when we say “insured”? Why is this important and what are we insuring? Why leverage someone else for life’s unknowns. Stanley discusses why life insurance is a good starting point while walking through a few other options as well. Options such as a Certificate of Deposit, Stocks, & Self-Insurance. Taking you from getting started to understanding the lost opportunity cost and everywhere in between, Stanley explains the difference between Life Insurance and Death Insurance.