Jason talks to Jamie Hopkins, Managing Partner of Wealth Solutions at Carson Group, a national wealth management firm that offers coaching and partnership to financial advisors. Jamie is a well-known personality in the US Financial advisory space and recently published a book called Find Your Freedom Financial Planning and Life Purpose.
Episode Highlights:
- 05:17: As per Jamie one must take care of basic level of financial planning, cash and flow, budgeting, debt management before one can move on to more complex financial planning, pictures, and strategies.
- 07:21: Jamie shares his background story and the motivation behind writing the book.
- 08:06: Jamie explains how they challenge people to write their eulogy.
- 10:03: If you would change your whole life if that was the case, it probably means you are doing the wrong thing, says Jamie.
- 10:32: Early childhood development is a lot more impactful than we probably give enough credit for, says Jamie.
- 11:03: It becomes harder and harder to change people's behavior. We must change the environment or the situational factors around them to then develop actual change, says Jamie.
- 13:31: In his book Jamie talks about scarcity that changed his view on money.
- 15:29: Jamie explains how he and his mom encountered different experiences post his father's demise.
- 16:35: Jamie talks about his childhood trauma and how he learned to handle money.
- 17:22: Focus on the amount of money, you need to save, there isn't enough money. You can go to the richest person in the world, and they are still trying to save and accumulate more that will never go away.
- 20:17: When saving money, if the focus is on accumulating, you can't get to an end number. It doesn't top out, but when you can start thinking about the impact you can have, you will find it to be meaningful.
- 21:04: Community is such an important aspect of our lives in the world and there are great books and research and experts just on the aspects of community.
- 28:16: Our purpose gets taken away from us, but we don't have to let that happen, says Jamie.
- 32:09: Goals are mile markers along that way to your aspiration, says Jamie.
- 32:31: Aspirations can change too; you don't have to be permanent on that.
- 32:59: If you do not feel freedom in your life today, you don't feel financial freedom.
3 Key Points:
- Jamie explains how people's upbringing around money can really impact the way they see the world around money going forward in their adult life.
- Jamie shares how important purpose is and how it affects different people and how people can take steps to prevent that gap in their life from existing purpose.
- Community is important, but it can also be very negative and draining and it can subtract from your life if you are not purposeful on it.
Tweetable Quotes:
- "If you are living on the street and you just need to figure out where your next meal is, you're not worried about climbing Mount Everest." - Jamie Hopkins
- "You can just literally Google Carson group and blueprinting guide and you will be able to grab it and download it." - Jamie Hopkins
- "It's my legacy and when you remove that from somebody, it can take away a lot of their purpose, and if you're not intentional on replacing that purpose." - Jamie Hopkins
Resources Mentioned:
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