052: Change Is Coming
Healthy Wealth
Erik shares the changes with the show in the coming month such as a name change. His purpose is to provide you with the tools that are going to help you the most which is why some changes to the show are coming. There will be a new name which will be announced soon.
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051: Dr. Lindsey Marvel | Our Vision Reflects What We See or Don’t See
Healthy Wealth
Dr. Lindsey Marvel, optometrist describes getting into the field which was not widely accepted by her family even though she is a doctor. The focus she had growing up was on sports, especially tennis as she was a highly ranked tennis played that led to a collegiate career and school was secondary.
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050: Not All Financial Education is Created Equally
Healthy Wealth
Erik Smith shares a story of a conversation he recently had with an individual who studied finance and daily trades in the market. It was interesting to find that the individual was not aware of different financial concepts.
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049: Kristi Lee Cronin | Curing Heartache Literally & Figuratively
Healthy Wealth
In this episode of Fitness & Finance, Kristi Lee Cronin, Cardiology Nurse Practitioner shares how she got into the field of nursing and the challenges that came along the way. Her story is inspiring because it shows that persistence pays and we cannot avoid the things that are on our hearts.
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048: Take Advantage of Every Moment in Life
Healthy Wealth
Erik talks about the news of Kobe Bryant’s death and what it means to him and the lessons learned from the tragedy. Unfortunately it takes tragedy to bring people together and appreciate one another as we need to tell people how we feel about them always because we do not know how long we are going to live.
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047: Vee Khuu | Into The Real Estate Lab
Healthy Wealth
In this episode of Fitness & Finance, real estate investor Vee Khuu shares his experiences getting into real estate investing as an immigrant from Vietnam in the midst of the 2008 financial crisis, the benefits of investing out-of-state, tax liens & more.
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046: The Winning Stages-Magic Mirror
Healthy Wealth
Erik shares a story about a mentor of his who shared the stages of why people are successful and also why they fail. Most people become successful and do not know why, which keeps them from having continued success. Others also do not understand why they fail. Erik shares a personal story relating to his health and fitness journey of success and failure.
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045: Aimee Carlson | Terminating the Toxins in Our Lives
Healthy Wealth
In this episode of Fitness & Finance, Aimee Carlson, entrepreneur and host of podcast, The Toxin Terminator, shares how she began her journey of eliminating toxins from her life, some useful first steps you can take today and more.
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044: Taking Action Before It’s Too Late
Healthy Wealth
Erik shares stories that have impacted him in his career, whether good or bad. He discusses a time when he was in a situation with a client and could help them but was not able to.
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043: Jason Priest | Transforming the Dad Bod
Healthy Wealth
In this episode of Fitness & Finance, Jason Priest, Founder of Dad Bod Health and a Registered Nurse, shares how he chose to change his pattern of bad health decisions, how nursing school led to his entrepreneurial journey, the importance of stepping outside your comfort zone and more.
info_outlineOVERVIEW:
Erik Smith talks about whether people should save and invest when they have credit card, debt, student loan debt or other debt.
EPISODE HIGHLIGHTS:
- This episode was inspired by a common question most people have now a days since many people have debt especially with student loans; Many are unsure whether they should pay off their debt first then save or save and pay off their debt later.
- It is important to start the habit of paying ourselves first because we are more important than the institutions that we owe money to and have to prepare for our financial futures while thinking long term.
- Most of us have a habit of spending money on something that will not benefit us compared to saving/investing. Some examples are Starbucks and smoking. In the case of smoking it actually damages our health so we end up spending more money on medical care. If we even limit the habit and not necessarily eliminate it we can still start small and build the habit that serves.
3 KEY POINTS:
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Pay ourselves first then pay the other institutions.
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Start small as it helps us build confidence and the habit of taking care of us.
- In order to take care of others and/or our debts we have to put on our financial mask first.
TWEETABLE QUOTES:
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“If I am the one that’s going to pay these other bills then I should pay myself first because I am more important than these other companies.” –Erik Smith
- “We can start somewhere to build that habit.” –Erik Smith
RESOURCES MENTIONED:
- Schedule a time to talk with Erik about your experience and what you are going through.
- Find Erik on Instagram and Facebook