Your Optimal Personal Economy PODCAST
Episode 67 - 6 Ways to Save More Money — Even if Your Income Doesn’t Increase

Episode 67 - 6 Ways to Save More Money — Even if Your Income Doesn’t Increase

April 1, 2020

Do you believe that getting a substantial raise is the only way to save more money?

Today, Justin Bennett explains why it’s possible to save more money at your current income with six common, but often overlooked, cashflow-triggering events. In this episode, Justin walks you through each event and tells you how to direct the new money onto your balance sheet.  

In this episode, you’ll learn:

  • How often your cashflow-triggering events might happen
  • How to plan for these events and direct new money onto your balance sheet
  • Which cashflow event tacks new money onto your paycheck 
  • Which cashflow event business owners should be aware of
  • And more!

Join Justin now to learn about six cashflow-triggering events that can generate new money for you to save!

Resources:  Bennett Financial Group - Website | Bennett Financial Group Facebook Page 

2020-95320 Exp. 3/22

Episode 66 — Is Your Financial Plan Coordinated or Disjointed?

Episode 66 — Is Your Financial Plan Coordinated or Disjointed?

March 18, 2020

Most people don’t have a good understanding of what financial professionals do. This lack of understanding leads them to have disjointed financial plans that can cause more stress in different domains of their lives.

In this episode, Justin Bennett helps you better understand the role of financial professionals and speaks to the importance of working with a planner who will focus on your entire financial picture. This is your walkthrough of Bennett Financial Group’s planning philosophy, which is one that sets them apart from other planners.

In this episode, you’ll learn:

  • What your personal economy consists of and why all the pieces must work together
  • How to know if a planner is truly a “comprehensive planner”
  • Justin’s answers to these questions: “How are you different?” “How can you produce value for me, my family, and my business?”
  • And more!

 

2020-94788

Exp 2/2022

Episode 65 - How to Borrow Capital Without Disrupting Your Plan

Episode 65 - How to Borrow Capital Without Disrupting Your Plan

March 5, 2020

Let’s say you wanted to purchase a second property as an investment or for your family to enjoy — or both. How would you get the proper capital for a down payment without disrupting your planning?

In this episode, Justin Bennett shares the story of how he helped a long-time client with his planning resulting in him doing what he wanted to do. This conversation highlights the power of having options, and the opportunities that can come from using the cash value built up inside of a life insurance policy.

In this episode, you’ll learn:

  • How this solution was efficient (e.g. making sure the client wouldn’t be subject to taxation)
  • An outline of this strategy, including the numerous benefits to the client
  • Why the client chose this strategy over other options for getting capital
  • Whether the cash value will continue to grow within the policy in the meantime
  • And more!

Tune in now to hear an example of why cash value can be an effective capital source to lean on.

2020-93252

Exp 1/2022

Episode 64 - Are You Surrounding Yourself With Like-Minded People?

Episode 64 - Are You Surrounding Yourself With Like-Minded People?

January 17, 2020

Are you making an effort to surround yourself with like-minded people?

In this episode, Justin Bennett talks about his decision to be intentional about building friendships with people who are similar to him. Today’s conversation is one that emphasizes the benefits of finding and nurturing connections with like-minded people. 

In this episode, you’ll learn:

  • Examples of where you might meet your community of like-minded people
  • Ways to stay in touch with new friends
  • Words of advice about how to approach new friendships
  • The benefits of spending time with people who are similar to you
  • And more!

Tune in now to discover what can happen when you surround yourself with like-minded people!

Resources:  Bennett Financial Group - Website | Bennett Financial Group Facebook Page 

Episode 63 - Your Personal Economy Is a Lot Like Chicken Noodle Soup

Episode 63 - Your Personal Economy Is a Lot Like Chicken Noodle Soup

December 26, 2019

Chicken noodle soup and your personal economy have a lot in common.

In this episode, Justin Bennett uncovers a different way to think about your approach to planning. Instead of making isolated decisions about the many moving parts of your financial life, Justin recommends that you view your personal economy as a whole — just like a bowl of chicken noodle soup.

In this episode, you’ll learn:

  • Why making one planning decision without considering of the other moving parts is a flawed approach
  • A common planning challenge for the average busy professional
  • Why your personal economy is a lot like chicken noodle soup
  • What approach leads to an effective and efficient personal economy
  • And more!

Tune in now to find out why your personal economy is a lot like chicken noodle soup!

 

2019-91583

Exp 12/2021

Resources:  Bennett Financial Group - Website | Bennett Financial Group Facebook Page 

Episode 62 - Why It Should Never Be Sales Over Service

Episode 62 - Why It Should Never Be Sales Over Service

December 20, 2019

Do you feel like you’re constantly being sold to by people in financial services?

Today, Justin Bennett discusses why the sales-centric ways of the financial services industry need to end. This is a candid discussion that uncovers the flaws of this industry and what Justin is doing to keep service at the forefront, even if it means being an outlier.

In this episode, you’ll learn:

  • What financial professionals overlook when they prioritize sales over service
  • How having a focus on service creates introductions
  • What could happen if the financial industry were to become service-focused
  • Why this industry has a high turnover ratio
  • And more!

Tune in now to hear an inside take on why people in financial services need to give their approach to client relationships an overhaul!

Resources:  Bennett Financial Group - Website | Bennett Financial Group Facebook Page 

2019-90338

Exp 11/2021

Episode 61 - What Happened When I Asked My 8-Year-Old What It Means To Be “Rich”

Episode 61 - What Happened When I Asked My 8-Year-Old What It Means To Be “Rich”

December 11, 2019

At what point would you consider someone to be rich?

In this episode, Justin Bennett shares a conversation he had with his 8-year-old son about what it means to be rich, and what happened when he asked his son to use non-money identifiers to pinpoint wealth.

In this episode, you’ll learn:

- An example of how to initiate an age-appropriate conversation with kids that can help broaden their perspective on what it means to be rich

- Words of advice about giving children the freedom to form their own perspectives

- Why Justin encourages clients to think critically about their planning decisions

- And more!

Tune in now to learn how Justin’s conversation with his son about the definition of “rich” unfolded.

2019-90334

Exp 11/2021

Resources:  Bennett Financial Group - Website | Bennett Financial Group Facebook Page 

Episode 60 - A New Way to Talk to Your Family About Stewardship

Episode 60 - A New Way to Talk to Your Family About Stewardship

November 27, 2019

If you’re like Justin Bennett’s clients, you want your kids to not only be responsible stewards of money but to also be instrumental in passing down values for generations to come.

Today, Justin explains how he approaches values-based conversations about transferring wealth to the next generation. Listen in as Justin walks you through this important conversation, turning the typical definition of “wealth” on its head while showing you how to start talking to your family about stewardship.

In this episode, you’ll learn:

  • What tends to happen in families who don’t talk about stewardship
  • How Justin defines “wealth” and “money” and how these definitions tie into the stewardship conversation
  • What concerns people most about having these conversations with family
  • Words of advice for initiating a conversation about stewardship
  • And more!

Tune in now to discover a new way to think about stewardship conversations!

 

2019-89716

Exp 11/2021

 

 Resources:  Bennett Financial Group - Website | Bennett Financial Group Facebook Page 

Episode 59 - Plan for the Future Now

Episode 59 - Plan for the Future Now

November 14, 2019

What if you could make a decision today that would allow you to win over your short-term and long-term planning?

In this episode, Justin Bennett emphasizes how acting early can pay off in the future. You will hear stories about the decisions that high-performing clients have made now to help them live optimally later.

In this episode, you’ll learn:

  • How a real estate investor built up cash value and protection when Justin put an intermediary step in place
  • Why people who boost their savings as their income increases won’t feel like they’re “missing” that money
  • The benefits of acting now to plan for your future
  • What the downsides are to being reactive
  • And more!

Join Justin now and discover the advantages of planning for your future now!

 Resources:  Bennett Financial Group - Website | Bennett Financial Group Facebook Page 

2019-89393

Exp 11/2021

Episode 58 - Finding Your Flow State

Episode 58 - Finding Your Flow State

October 16, 2019

Have you ever been so completely immersed in an activity that time seemed to not exist? This experience, sometimes referred to as being “in the zone,” is also known as being in a flow state.

In this episode, Justin Bennett walks you through his own experience with being in a flow state during an extreme endurance event called 29029 Everesting out in Utah. This challenge called on participants to climb 29,029 feet — the equivalent of Mount Everest — testing every ounce of willpower along the way.

In this episode, you’ll learn:

  • About an inside perspective of the 29029 Utah challenge
  • How Justin knew he had entered a flow state
  • What it feels like to be in a flow state
  • Examples of when you may be called to overcome a dark point
  • And more!

Tune in now to hear about Justin’s experience and to consider how you can find your own state of flow!

 

2019-87497

Exp 10/2021