Jun 9, 2022
Are you worried about the current cost of living?
Do you stress about having enough money when you retire?
Given our current economic climate, I want to dedicate this episode to reassuring you that, despite all the uncertainty, things are going to be ok.
The reality is that prices are going up. Interest rates are going up. Houses are getting more expensive AND we’re living longer so our pension pots are being stretched thinner and thinner unless we’re prepared to work longer.
But all of these things are part of a bigger machine, and once you start to understand how these things work and you can start planning properly for the future, you’ll see there’s no reason to panic.
I am going to break down the complicated stuff and the economics in ways that make sense to all of us normal folk, so that you can get the reassurance and the advice you need to start creating your wealthy life.
Links & Resources:
Highlights from this episode:
(00:33) Economics is a dirty word
(03:35) Two sides to every story
(07:47) Start thinking long term
(14:16) How interest rates work
(18:57) What’s important to you?
(22:59) How to work out your disposable income
(25:29) Long term financial planning
Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons.
Connect with Vicki:
Booking calendar - https://calendly.com/vickiwusche
Browse Books by Vicki:
Or read the following Ebooks on VickiWusche.com:
9 Critical Property Principles
The De-Job Yourself Manual: Break your reliance on a monthly wage
The Values Manual: Understand what your values are and how they can be key to a successful business
The Goal Setting Manual: Create meaningful and practical goals then achieve them