Episode 16 - Everything is Different Now

January 18, 2018

In this episode Justin shares how the financial planning approach has changed over the years. The approaches that were taken for the previous generation no longer work the same as they do for those who are now planning and approaching retirement years. We are in a totally different time now and the planning approach, mindset and expectations are dramatically different than those of the previous generation.

Learn more about the new paradigm of Lifetime Financial Discipline in this podcast with Justin Bennett

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Expiration: 1/20

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Episode 15 - Do You Prefer the Same or Less

January 18, 2018

What if you were no longer generating an income? How much money would you have to support your lifestyle and expenses? In this episode, Justin discusses whether or not it’s beneficial to use your current bank account and IRA balances to supplement your emergency fund.

Learn more in this podcast with Justin Bennett.

 

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Expiration 1/20

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Episode 14 - What You Need to Know About Gross Rate of Return vs. Net Rate of Return

January 8, 2018

In today's society many people have a micro-perspective on their accounts. In other words, they look at their retirement and non-retirement accounts, do some quick calculations to determine what the rate of return might be, and then move on. But we need to take all of our investments into account and understand the difference between gross rate of return vs. the net rate of return to reach your optimal personal economy.

Justin breaks down the differences between between gross rate of return vs. net rate of return in this episode:

 

 

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Expiration 12/19

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Episode 13 - Unconventional Coordination

January 8, 2018

When it comes to your finances, it is important to ensure that all of the professionals in your life are looking out for your best interest.  Whether you’re saving for your children's education or refinancing your home, when you work with the right professionals, they can help coordinate conversations with other professionals to get to the bottom of what’s important to you!

 

Learn more about unconventional coordination with Justin Bennett in this podcast.

 

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Expiration 12/19

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Episode 12 - What Is Your Approach to Planning Now?

January 3, 2018

We live in a fast-paced world. Sometimes we end up checking off our boxes as go, rather than planning ahead. When it comes to managing our finances, we fall into a habit of acting reactively rather than proactively. In this podcast, I’m sharing a different approach to financial planning that involves what I call, “lifetime financial discipline.”

 

2017-51630
Expiration Date - 12/19

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Episode 11 - What I Learned From Summiting 29,029 Feet

December 19, 2017

When Justin Bennett was challenged to travel from Stratton, Vermont to Summit Street in Vermont 17 times which is the equivalent of 29,029 feet which is the same height of Mount Everest, Justin accepted the challenge and began his journey. Not knowing what to expect other than it was going to be really difficult, he quickly learned it would be one of the toughest things he has ever done in his life.

Learn more about Justin’s summiting trip and what he learned along the way in this podcast

 

 

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Episode 10 - 7 Reasons to Work with a Professional

November 17, 2017

When tackling finances or their personal economy, people often try to do it on their own or they are unsure about working with a professional. These reasons can help you understand the advantages of working with a professional. A professional is someone that has expertise and knowledge in a certain craft. A professional in planning focuses on a macroeconomic view. However, in planning, it’s important to have someone help you understand your overall personal economy, create a customized plan and help you integrate your plan into your life.

Learn more about the 7 reasons to work with a professional in this podcast:

 

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Episode 9 - What is YOPE

November 17, 2017

Your Personal Economy is about focusing on what’s important in your world versus what’s going on or important to the world outside. It’s a mindset and a philosophy – to make decisions on what matters most. It measures what matters most to you including: family, home, health, wellness, dreams, goals, legacy, giving, and more. It only works when developed into a plan of action followed up by a discipline to implement and stay within this mindset.

 

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Episode 8 - Money for Today and Money for Tomorrow

November 17, 2017

In this podcast, Justin shares how optimal planning requires a balance between money for today and
money for tomorrow. Structure and discipline are necessary to implement this balance. Most people have their income deposited into one checking account. Throughout the month, they spend that money on current day lifestyle. In the event there is anything left at the end of the month, they may save some of that to have money for tomorrow. Oftentimes, this approach produces little to no money for tomorrow.

Learn more about how to create balance between money for today and money for tomorrow in this podcast:

 

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Episode 7 - What is More Important? Savings Rate or Rate of Return?

September 30, 2017

Most people focus solely on rate of return and are not aware that savings rate has a significantly larger impact on wealth building than rate of return. The rate of return conversation is what is marketed and it becomes a way to create immediate gratification (or not). By focusing on savings rate, you focus on what you can control and when doing so, you can create a more favorable (and enjoyable) outcome to your wealth building than if you solely focus on rate of return which is outside of your control.

Learn more about each in this podcast:

 

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