Going Once! Going Twice! Sold!

Key Takeaways

  • There are a lot of emotionally driven triggers out there to buy things we may not necessarily need.
  • Before making a big purchasing decision, ask yourself a few questions to determine if you really need it, or you just want it, and how the purchase will affect you and others.
  • It’s important not to get caught up in the emotions of the moment when you make big decisions that can affect your finances.

The 4 Key Habits

Key Takeaways

  • There are 4 key habits you want to practice that will help you in all areas of life, but especially in your job.
  • These 4 habits are showing up on time, doing what you say you are going to do, finishing what you start, and saying please and thank you.
  • Practicing these 4 key habits will help you gain opportunities and make connections because people love to work with others who practice these habits.

The Big 3 Money Decisions

Key Takeaways

  • There are 3 big money decision areas you should seek counsel on: taking on debt, investment related decisions, and transition decisions.
  • There are good and bad types of debt, and it really depends upon your personal situation and financial health.
  • You can invest your money in assets that have tax advantages, so it’s important to know what areas carry these advantages.
  • Ultimately, when you are faced with one of these big money decisions, it’s best to seek out help to ensure you know your options to make the best decisions with your money.

Finding Your CAT

Key Takeaways

  • When we first start off in life, we don’t always have the money right away to pay for financial services.
  • Building yourself a CAT, or Collaborative Advisory Team, can help you get the financial services you need.
  • As your wealth grows, so will your CAT as you continue to add other financial professionals to handle your more complex financial situation.