Join Wade today as he navigates the age-old debate: Is the tool more valuable than the mastery of the craft? He explores the financial industry's obsession with product design and emphasizes the importance of knowledge and effective tool use. Tune in to empower yourself with financial wisdom and discipline, focusing on building your financial future step by step.

Episode Highlights 00:51 What carpentry analogy means 01:10 Criticism towards the people in the industry focusing on selling the tools instead of teaching methodologies and skills. 01:43 The need for empowering people to become their own bankers 02:59 The concept related to sports, specifically golf 04:33 Gaining knowledge and understanding rather than just purchasing a product 05:21 Importance of focusing, process, and understanding on savings, as opposed to only focusing on the tools 06:07 Sage Wealth, the focus on developing financial knowledge, and the use of financial tools 06:21 How to use a tool over the actual tool or product design 06:51 Importance of discussion and strategizing in financial decisions 07:55 To engage in conversations with financial advisors and to challenge them 08:18 Necessity of taking action along with education for effective financial management.

 

Episode Resources

• Connect with Wade Borth
• https://www.sagewealthstrategy.com/
• [email protected]