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Fire Within Nutrition and Fitness
Trailer
Bonus
Episode 49
Season 1
Financial Health... What the Hellinger?
In This Episode:
- When asked what is the first step to financial health, David says a 3-6 month cash reserve.
- We talk about what David believes is the most important piece of advice that is often overlooked when it comes to financial health - a cash reserve.
- What does a 3-6 month cash reverse really include?
- We discuss how important it is to pick a plan and stick with it. Whether it is working out or a financial plan. Consistency is a big component of long-term success so don't get stuck on finding the perfect plan, spend your time executing a plan.
- We discuss the importance of having flexibility in a plan. If a person is not a fan of a rigid plan then a rigid plan won't work for them. You have to find a plan and trainer/financial advisor that works well with your personality.
- We talk through how working with a financial advisor works and what it looks like.
- The average retirement is now from age 65-91.
- We speculate about the future of retirement and what it will take for upcoming generations to enjoy their retirement.
- David shares two stories about financial stability and retirement that really make you think about the definition of wealth and retirement.
- What are some financial habits that set people up for success
- To your own self be true
- Regularly talk about your finances with your partner/advisor
- David shares about the habits he has developed that allow him to be in peak condition.
Quotes from This Episode:
- "I'm much more interested in it [a financial plan] happening than being theoretically correct." -David
- "But we are humans and we have a tendency to. To make a lot of mistakes and sometimes those handcuffs can be good. And so what we do is create fake handcuffs." - David
Links To Things I Talk About:
Episode Sponsor:
This episode of the Fire Within Podcast is brought to you by the Fire Within Health Transformation Course, Learn the sustainable way to approach food, nutrition, and lifestyle changes. The yo-yo diets stop here. Buy the course today or take the free assessment.
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