Laying the Groundwork: Financial Foundations with Matthew and Jim
When we look at the three things we have control over- the amount of risk we take, the amount of tax we pay and the amount of goes-outs money- right, the amount we spend- we want to be able to look at the plan.
Imagine having a clear blueprint for your financial future. In this episode of 'Financial Sobriety', hosts Matthew Grishman and Jim Gebhardt guide you through the essential steps to build a rock-solid financial foundation. If you've been following their advice, you're already on your way to better money habits. Now, it's time to dive deeper and start assembling the pieces to achieve your financial goals.
Matthew and Jim share fascinating stories about how the Rothschilds and Vanderbilts managed their wealth, offering timeless lessons that can be applied to your own financial journey. They break down complex topics like risk, taxes, and spending into manageable insights that anyone can understand and use. The episode also explores the benefits of running a family business and the importance of creating safety margins in your financial plans.
And for a bit of fun, they introduce their fifth rule for managing wealth, making the episode both informative and enjoyable. Whether you're just starting out or looking to refine your financial strategies, this episode provides practical advice and engaging stories to help you build a secure financial future. Tune in and let Matthew and Jim help you lay the groundwork for lasting financial success.