The 3 Threats to Wealth #293

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“When we have cash and we don't manage it, that cash is going to leave us.” – Brian Buffini

Money is like a gas that will always find a way to leak - no matter how much you make, you can always spend more. In this episode, Brian explains how to deal with three major issues that can threaten your financial wellbeing. Topics discussed include: Why a budget is so important, why you need to get on the same economic page as your partner and why investing in yourself is the greatest way to combat inflation. Watch video episode!

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YOU WILL LEARN:

  • Why lifestyle spending must be tracked.
  • How inflation affects everyone.
  • Why tax planning is vital.

MENTIONED IN THIS EPISODE:

Episode 284, Brian Buffini’s Bold Predictions: 2021 Mid-Year Update

INSPIRATIONAL QUOTES FROM THIS EPISODE:

“We're spending money on things we don't need to impress people we don't even know.” – Brian Buffini

“If it's not written down and tracked, you are not in control of your money, your money's in control of you and you're in trouble.” – Brian Buffini

“Budget: a mathematical confirmation of your suspicions.” – A.A. Latimer

“The greatest way to beat inflation is to invest in yourself. Invest in training, invest in coaching and make yourself better.” – Brian Buffini

“If you haven't invested in yourself in the last 90 days, you haven't appreciated in the last 90 days.” – Brian Buffini

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Theme Music: “The Cliffs of Moher” by Brogue Wave

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