S8 Ep18: Your Financial Defense and Offense Checklist

I believe if you're listening right now, you're one that's up for self-improvement and you're learning.

And so the more educated I believe you are, the better you can meet with an advisor.

Now, I'm not going to tell you that if you've never done anything with your money that you don't want to meet with an advisor, but it makes it better if you continue to, uh, I hear a lot of my clients, they say, I heard you on the radio Saturday or whatever it was.

And I like that because then I can talk to them more about things because they've been listening and stuff like that.

And so what we're going to do today is kind of go through advice and products.

And so we gather information.

We give advice.

We then go to a product marketplace, and certain products do certain things depending on your stage in life.

And so this morning, we'll start with getting the defense in place.

So these are checklists that you should be thinking about.

Your first line of defense is always your income.

And when I say your defense, you hear today about AI going to eliminate everybody's job.

Maybe.

I don't know.

Maybe it does eliminate some jobs.

And you have to be on the offense growing your skill set all the time.

It's going to be more important that you do that.

I've always believed that your income is your foundation.

of everything.

So if you're having financial problems, the first thing I always look at is your income.

Are you making any money? If you were making 50 grand a year in 20 years ago, you need to be making 100 grand a year now to be at the same level.

And is inflation going to continue? Probably it has forever.

Uh, I don't think we can go to the movie theater like my mom and dad for, you know, a nickel or anything like that ever again.

Uh, so the whole point being is, is you just gotta always grow your income.

How do you grow your income? You grow your skill set, all right? And then ultimately, if you really are thinking forward, you start looking at different income streams.