Chapter
Tips for Taking Ownership of Your Finances
03:28 - 14:22 (10:54)
Start by understanding where you are financially, make a list of all your accounts and categorize them as either positive balances (brokerage, savings, retirement), or debts (credit card, mortgage, loan). Learn the concept of assets and liabilities, and take ownership of your financial situation.
Clips
The speaker reflects on how some of the biggest companies today started as small teams in a room.
03:28 - 05:35 (02:07)
Summary
The speaker reflects on how some of the biggest companies today started as small teams in a room. He gives an example of Simple Geo which went from a few people in a room to a $10 billion company.
ChapterTips for Taking Ownership of Your Finances
Episode#065 - Chris Hutchins - The Basics Of Money Management
PodcastModern Wisdom
There was a frenzy in investing in companies that sell used cars, but now most of them have disappeared.
05:35 - 06:15 (00:40)
Summary
There was a frenzy in investing in companies that sell used cars, but now most of them have disappeared. The hype cycle comes from everywhere and it can be crazy.
ChapterTips for Taking Ownership of Your Finances
Episode#065 - Chris Hutchins - The Basics Of Money Management
PodcastModern Wisdom
The digital marketing industry is not yet saturated for small businesses, making social media consulting a great side hustle opportunity.
06:15 - 11:27 (05:11)
Summary
The digital marketing industry is not yet saturated for small businesses, making social media consulting a great side hustle opportunity. Convincing traditional marketing professionals to invest in social media marketing requires enthusiasm and passion, rather than focusing solely on numerical projections.
ChapterTips for Taking Ownership of Your Finances
Episode#065 - Chris Hutchins - The Basics Of Money Management
PodcastModern Wisdom
Start by understanding your financial position by compiling a list of your accounts and identifying your assets and liabilities.
11:27 - 14:22 (02:55)
Summary
Start by understanding your financial position by compiling a list of your accounts and identifying your assets and liabilities. In a world where job changes are frequent, it's important to take control of your financial future.