Date post: | 16-Apr-2017 |
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This presentation consists of highlights from the interview with Moe Abdou,
founder & host of 33voices®.
Chris Hogan helps people across the country develop successful strategies to manage their money, both in their homes
and businesses. He is a popular and dynamic speaker on the topics of personal finance, retirement, and leadership. For more than
a decade, Hogan has served on Dave Ramsey’s team as a trusted financial coach and advisor and a sought-after speaker. Hogan helps people plan for their future and reach their retirement goals through
his Retire Inspired Live Event and R:IQ Assessment tool.
Chris Hogan@chrishogan360
Author of Retire Inspired
Retirement isn’t what it used to be; it requires ownership and a sense of
responsibility in order to navigate these four common traps:
Insight #1
Retirement isn’t what it used to be; it requires ownership and a sense of
responsibility in order to navigate these four common traps:
Perception - Retirement is not an end, it’s a new beginning
Insight #1
Retirement isn’t what it used to be; it requires ownership and a sense of
responsibility in order to navigate these four common traps:
Entitlement - Financial security doesn’t include social security
Insight #1
Retirement isn’t what it used to be; it requires ownership and a sense of
responsibility in order to navigate these four common traps:
Attitude - Having foresight requires deliberate action
Insight #1
Retirement isn’t what it used to be; it requires ownership and a sense of
responsibility in order to navigate these four common traps:
Disorganization - There’s no end goal without a plan
Insight #1
Insight #2
Saving money isn’t delayed gratification; it’s a responsibility that
takes wise judgment and deliberate practice. Consider these three tips:
Insight #2
Saving money isn’t delayed gratification; it’s a responsibility that
takes wise judgment and deliberate practice. Consider these three tips:
Review your recurring monthly expenditures like your cell phone and internet bills
Insight #2
Saving money isn’t delayed gratification; it’s a responsibility that
takes wise judgment and deliberate practice. Consider these three tips:
Download the App Acorns to help you save and invest spare change from
your everyday purchases
Insight #2
Saving money isn’t delayed gratification; it’s a responsibility that
takes wise judgment and deliberate practice. Consider these three tips:
Transfer high-interest credit card balances to a low or zero interest alternative
Insight #3
Warren Buffett on habits:“Chains of habit are too light to be felt until they are too heavy to be broken.”
If you’re serious about improving money habits, commit to a monthly budget; it’s easier
than you think with tools like Mint
Insight #4
Debt is crippling and is the single biggest barrier to your financial health. Make it your highest priority to
eliminate it; consider these tips:
Insight #4
Debt is crippling and is the single biggest barrier to your financial health. Make it your highest priority to
eliminate it; consider these tips:Ditch your credit cards - all of them
Insight #4
Debt is crippling and is the single biggest barrier to your financial health. Make it your highest priority to
eliminate it; consider these tips:Negotiate a payment plan with more favorable interest terms
Insight #4
Debt is crippling and is the single biggest barrier to your financial health. Make it your highest priority to
eliminate it; consider these tips:Reconsider homeownership until you’re financially stable
Insight #4
Debt is crippling and is the single biggest barrier to your financial health. Make it your highest priority to
eliminate it; consider these tips:Do you really need a car?
Insight #5
When contemplating your investment options, always take the long view, for unless you’re
‘willing to own a stock for ten years, don’t even think about owning it for ten minutes.’
Time + compound interest = Great results
Insight #6
The wise always put money in perspective, for they understand that above all else, money is less about
intelligence, and much more about behavior.
Armando Fuentes | We’re not rich because we have a lot of money. We’re rich because we
have few needs. And we celebrate everything.
Insight #7
These five truths will make you financially wise:
Insight #7
These five truths will make you financially wise:Your life will be filled with tough choices
Insight #7
These five truths will make you financially wise:Your entire life is determined by
how you make decisions
Insight #7
These five truths will make you financially wise:Your biases will affect every
decision you make
Insight #7
These five truths will make you financially wise:You will be distracted by things
that really don’t matter
Insight #7
These five truths will make you financially wise:You must have a good process to
make good decisions
Insight #8
Smart investors hardly make decisions based on fear, still they’re prudent about
understanding these investment risks:
Insight #8
Smart investors hardly make decisions based on fear, still they’re prudent about
understanding these investment risks:You could lose your money - still, be patient
Insight #8
Smart investors hardly make decisions based on fear, still they’re prudent about
understanding these investment risks:Getting beat up by inflation - still, be
in the market for the long haul
Insight #8
Smart investors hardly make decisions based on fear, still they’re prudent about
understanding these investment risks:Putting all your eggs in one basket is dangerous - still, consider diversifying
Insight #9
As a parent, the greatest investment in your kids and the next generation isn’t your money, it’s passing down who you are and making an
investment in who they are becoming.
Insight #10
If you’re serious about improving your financial IQ, ask yourself these four questions:
Insight #10
If you’re serious about improving your financial IQ, ask yourself these four questions:
Do you avoid making decisions about money?
Insight #10
If you’re serious about improving your financial IQ, ask yourself these four questions:
Do you feel as though you’re missing something in your financial life?
Insight #10
If you’re serious about improving your financial IQ, ask yourself these four questions:
Have you made money decisions that you regretted and then repeated them?
Insight #10
If you’re serious about improving your financial IQ, ask yourself these four questions:Does talking about money with the people
you love make you uncomfortable?
Reflect: Do you know how much you
spend each month?
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Presentation created by Chase Jennings
Insights by Moe Abdou