In episode 45 of Building Wealthy Habits, Laura Lee, Randy, and Jeremiah discuss the financial wisdom they've gained over the years, emphasizing the importance of hindsight in making better financial decisions. They share personal stories and lessons learned about budgeting, investing, and teaching children about money. The discussion highlights the significance of developing good financial habits, understanding the value of delayed gratification, and the necessity of having an emergency fund. They also touch on the importance of financial literacy and the need to be aware of spending habits, especially with the prevalence of subscriptions. Overall, the conversation serves as a guide for listeners to reflect on their financial practices and make informed decisions for a secure financial future.
Key Moments:
00:00 Hindsight is 20/20: Financial Wisdom from the Past
02:58 The Importance of Financial Habits
06:08 Investing Early: The Power of Compound Growth
08:58 Teaching Kids About Money: Lessons for the Next Generation
11:54 Work Ethic and Career Growth: Learning Through Hard Work
14:48 Emergency Funds: Preparing for the Unexpected
17:57 Financial Literacy: Understanding Your Finances
20:58 Budgeting and Spending: Control Your Financial Future
Reach out at contact@tricordadvisors.com
Connect with Jeremiah:
LinkedIn: https://www.linkedin.com/in/jeremiahjlee/
Email: Jeremiah@tricordadvisors.com
Connect with Laura:
LinkedIn: https://www.linkedin.com/in/laura-lee-59a83610/
Email: Laura@tricordadv.com
Connect with Randy:
LinkedIn: https://www.linkedin.com/in/rkbarkley/
Email: Randy@tricordadv.com
