Ep. 047 Money Myths, Business Blunders, and Mindset for Meaningful Wealth
Mind and Money · Ecivda Financial Planning Boutique
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Show Notes
In this episode of Mind & Money, hosts Corey Butler and Shawn Todd dive into some hot financial topics with their colleague, Michael Lutes, COO and Director of Financial Planning at the firm. The trio tackles myths around money, DIY financial management, risks and opportunities in today's market, and the critical importance of financial planning for entrepreneurs. Peppered throughout the episode are candid stories, practical advice, and even a segment featuring spicy drinks and personal truths for some added entertainment.
Connect with Corey, Shawn, and Ecivda Financial on Instagram, FB, LinkedIn, YouTube & Twitter.
Here are 3 Key Takeaway: *Don't DIY Everything: Tempted by TikTok trends or AI financial advice? A trusted advisor is still essential, especially in volatile times when emotion-driven decisions can hurt your long-term results *Plan for the Worst, Hope for the Best: From properly funded shareholders' agreements to wills, having the right paperwork and succession strategy isn't just smart—it's essential when life throws a curveball. *Get Real About Risk: Whether it's crypto, pot stocks, or EVs, hype cycles come and go. Understanding *your* risk tolerance and timing matters just as much as picking the "right" investment.