Why We Don't Do Financial Planning - Episode 152
The Prosperity Podcast · Kim D. H. Butler
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Show Notes
Summary:
Listen to your hosts Kim Butler and No B.S. Money Guy Todd Strobel talk about the downside of financial planning and how to create a better financial future by following the 7 Principles of Prosperity.
Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.
Links in this Episode:
Get the free ebook and audiobook - Financial Planning has FAILED
Submit your questions [email protected]
Show Notes:
00:00 Introduction
00:30 Today's topic: Why We Don't Do Financial Planning
01:06 What do you do instead of financial planning?
02:25 A business plan should be no longer than 3-5 years, yet we're still trying to plan our lives financially in 30-40 year increments.
03:25 Why Todd doesn't do financial planning
05:45 Averages do not equal actual dollars. Don't believe in the assumptions.
07:12 Principles are more effective than planning
07:51 Looking at the 7 Principles of Prosperity
08:27 When you get serious about handling your finances is when you want to start your savings program
10:22 The history of financial planning in this ebook www.partners4prosperity.com/ebook