Dec 19, 2024
Today, Tom discusses the importance of understanding the true costs of living, emphasizing the difference between short-term cheap options and long-term investments. He explores various aspects of personal finance, including financial planning, insurance, tax strategies, estate planning, and debt management, urging listeners to think holistically about their financial decisions and the impact they have on their future. Tune in to understand the true cost living.
Highlights
03:00 - Long-term quality vs. short-term savings.
03:51 - Health as a long-term investment.
04:49 - Thinking beyond immediate costs.
05:55 - Long-term net worth vs. income planning.
10:18 - Comprehensive financial planning overlooked for sales.
15:00 - The role of insurance in risk mitigation.
20:53 - Proactive tax planning importance.
23:55 - Estate planning and legal basics.
25:59 - Leverage vs. debt in wealth building.
29:44 - Investing in personal health for long-term benefits.
Episode Resources
- Connect with Tom Suvansri
- https://perennialpride.com/
- https://www.facebook.com/perennialpride/
- https://twitter.com/perennialpride
- https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
Call to Action
Schedule a Call
with Tom
How to Listen:
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