S15 E32: The Most Common Reasons People Fail Financially with Kyle Christensen & Jason Wally Waldron
- S15E32
- 12:59
- January 30th 2024
“The only thing right about all projections is that they are all wrong.” - The Economist
Financial institutions practice what they preach.
Financial institutions have become expert marketers.
The goal of all financial institutions is to get our money. They want us to send them our money and they want to have control and use.
People have bought into the idea that somebody is going to take care of them.
People fly on autopilot financially. Business owners track inflow and outflow for their business but not personally.
Accountability is a principle.
People fail financially for the most part because they don’t have principles or they don’t know what the principles are that lead to financial freedom and they are not being taught what they are by most of the financial planning world.
If we viewed our money in terms of the principle of stewardship, would we gamble it?
Kyle J Christensen, founder of Fiveth, founder of Unique Advantage, and author of Principle Based Planning: A Better Approach to Financial Planning | LinkedIn
#compoundinterest #financial #institution #stewardship #gamble #principle #money #marketing #businessowner
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Meet the Host
Jason “Wally” Waldron, founder and CEO of Exitology, is the secret weapon behind owners, founders, and CEOs of B2B companies who use his unique profit acceleration strategies to grow faster and maximize the value of their business. When these owners feel trapped in their businesses, he applies Exitology so they can buy back their time and freedom. He lives in the mountains of Evergreen, Colorado, with his wife and two children.