Jul 20, 2023
Tom is joined by Curtis May of Practical Wealth Advisors to talk about freedom of wealth and life. They help their clients achieve more than they thought possible from a financial perspective and want more control over their money. They want to become financially independent before age 65. They are committed to lifelong learning and know that with the right education, they can find the best solution for their financial well being. Tune in today to learn where you could be losing significant wealth and practical ways to address them.
Highlights
02:21 The importance of practical advice and simplicity in the
finance space
04:20 How to become financially free by purchasing assets that send
you checks each month
08:43 The need for automatic and systematic saving, separate from
your 401K
13:41 The significance of being defensive with your finances and
plugging the "holes" in your monetary bucket
18:21 The importance of saving and setting money aside for future
capital deployment
21:20 The concept of maximum protection
23:38 Misconceptions around mutual funds and the concept of
compounded interest
26:14 Recognizing and accepting the reality of the work required to
build wealth
29:23 Inevitable financial missteps as part of the journey to
wealth
33:14 The importance of managing spending
Episode Resources
- Connect with Tom Suvansri
- https://perennialpride.com/
- https://www.facebook.com/perennialpride/
- https://twitter.com/perennialpride
- https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
- Connect with with Curtis May
- https://www.practicalwealthsolutions.net/
- https://practicalwealth.libsyn.com/
- https://www.linkedin.com/in/curtismay
Call to Action
Schedule a Call
with Tom
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