Chapter
Tips for Financial Planning
14:23 - 20:02 (05:39)
The speaker recommends setting aside money for unexpected expenses and allocating spending in advance to prioritize what you value. He also suggests putting money for experiences in a high yield savings account to earn more interest.
Clips
The importance of having emergency funds is emphasized to avoid selling a retirement portfolio or borrowing money in unexpected expenses.
14:23 - 18:09 (03:45)
Summary
The importance of having emergency funds is emphasized to avoid selling a retirement portfolio or borrowing money in unexpected expenses. Additionally, prioritizing spending in advance allows for the allocation of funds towards experiences and new interests.
ChapterTips for Financial Planning
Episode#065 - Chris Hutchins - The Basics Of Money Management
PodcastModern Wisdom
The speaker talks about people who lost their jobs and went on to excel in their careers and businesses, such as a person who organized Laid Off Camp in L.A. and later became a well-known figure in the growth community.
18:09 - 19:10 (01:01)
Summary
The speaker talks about people who lost their jobs and went on to excel in their careers and businesses, such as a person who organized Laid Off Camp in L.A. and later became a well-known figure in the growth community.
ChapterTips for Financial Planning
Episode#065 - Chris Hutchins - The Basics Of Money Management
PodcastModern Wisdom
Making it on your own can be a cool idea, but the reality of it can be cutthroat and become too sexy.
19:11 - 20:02 (00:51)
Summary
Making it on your own can be a cool idea, but the reality of it can be cutthroat and become too sexy. Sometimes people are in a rush to start their own company without even thinking about it.