Joe Woodhouse: Making Financial Planning Fun and Accessible
Episode Overview
Joe shares his journey from a 16-year-old leaving school to becoming a successful financial planner He emphasizes the importance of financial education and managing impulses Joe provides valuable insights into setting financial goals and clearing debts The correlation between physical and mental health and financial stability is explored Practical tips on choosing a reliable financial advisor are offered
For me, there's two things that should be taught in schools. One is how to manage your money. Because no matter what work you're in, call it negotiation if you think sales is a dirty word which I know a lot of people do which blows my mind but you're selling every single day. I'm selling my kids to eat the dinner, I'm selling my kids to go to bed when I want to, I'm selling my missus to go out on a date on a Friday night like every single day you are selling in any sort of life work in any life yet we're not taught how to negotiate we're not taught how to do that and you're saying with money like we're taught the trigger we're taught trigonometry we talk to memorize a periodic table yet we're not taught what taxes what mortgages what bills are what how how credit cards can get you in trouble we're not taught how to save how to invest yet even if you go into a line of work where you need to memorize a periodic table if you come a science teacher which for most people they won't. So for me, I think it's criminal that that isn't taught in schools. And I would also argue emotional fitness and you know managing your emotions and I think this partly comes with you know it comes with getting older having experience but you know I also know plenty of 40 year olds who behave like 16 year olds and haven't developed emotionally past that point and I think you know certainly when it one of the biggest influences when it comes to growing a business or getting a body transformation is your ability to manage your emotions and I know it's exactly the same when it comes to finance
Ever wondered how to make financial planning less daunting and more enjoyable? Joe Woodhouse, a dad of three and fitness enthusiast, has cracked the code. In this episode of 'The Chase Life Podcast', Joe shares his journey from a 16-year-old school leaver to a successful financial planner with 20 years of experience under his belt. Known for his straightforward and entertaining approach, Joe breaks down complex financial concepts into easy-to-understand advice that anyone can follow.
He emphasizes the importance of financial education, emotional fitness, and managing impulses to achieve financial goals. Joe's practical tips on debt clearance, proper protection, and setting achievable financial goals are not just informative but also engaging. Rachel Godfrey joins Joe in discussing the strong link between physical and mental health and financial stability. They delve into how delayed gratification and emotional resilience play crucial roles in financial success.
Joe also offers valuable advice on choosing a trustworthy financial advisor and the importance of building long-term relationships based on mutual respect. Whether you're just starting your financial journey or looking to refine your strategies, this episode promises to make financial planning accessible and even enjoyable.