Ep 269 Wealth Management with Kirk Chisholm
Richer Soul, Living A Life on Purpose!
Release Date: 01/16/2022
Ep 392 You're Not Broken with Chris Duncan
Richer Soul, Living A Life on Purpose!
You're Not Broken Take away: Your past does not define your future. You can create the life you want without having to "fix" yourself, and that true abundance comes from recognizing the richness that already exists in your present circumstances. Money Learnings: Growing up in New Zealand, Chris didn't receive much education about money management. The common mindset was to trade time for money, with the belief that you could never have enough. His understanding of money was focused on getting a good job, working hard, and trying to get paid as much as possible. It wasn't until...
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Ep 391 How to Master Your Financial Psychology with Brad Klontz
Richer Soul, Living A Life on Purpose!
How to Master Your Financial Psychology Take away: Developing an internal locus of control, where you take responsibility for your financial outcomes instead of blaming external factors, is a powerful mindset that can lead to significantly improved financial behaviors and outcomes. Money Learnings: Brad grew up in a lower-income family, with his parents divorcing when he was young. Both sets of grandparents lived in trailer parks, so he was very aware of the challenges and limitations of being poor. This drove Brad to want to figure out how to not experience the same financial...
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Ep 390 Scaling Up with Corwin Smith
Richer Soul, Living A Life on Purpose!
Scaling Up Take away: Putting the right people systems and processes in place is critical for reducing the burden on the business owner, improving profitability, and allowing the business to run more smoothly and successfully. Implementing these structured people management practices is key to achieving sustainable growth. Money Learnings: Corwin's early childhood was marked by financial abundance - his father was very successful in agricultural sales and lived a lavish lifestyle with private planes, a car collection, and more. However, when his father's company was sold and he...
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Ep 389 The Science of Awakening Your Non-Self with Clement Decrop
Richer Soul, Living A Life on Purpose!
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Ep 388 31 Days to Become a Better Man with Joel Gandara
Richer Soul, Living A Life on Purpose!
31 Days to Become a Better Man Take away: Having the discipline to live frugally, work hard, continuously invest in self-development, and keep perspective on what constitutes true abundance leads to financial freedom and a fulfilling life. Money Learnings: As a young kid, Joel was attracted to toys and material things, but his parents repeatedly told him "we don't have money" when he wanted something. Despite their poverty, Joel's parents were extremely hardworking and frugal. They saved diligently and were able to buy a house within 3 years of arriving, paying it off fully...
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Ep 387 Making the Ultimate Investment with Mark B. Murphy
Richer Soul, Living A Life on Purpose!
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Ep 386 How to be Resilient with Chrissy Myers
Richer Soul, Living A Life on Purpose!
How to be Resilient Take away: Knowing your purpose helps you make decisions, motivates you through hard times, and ensures your business serves you rather than the other way around. It enables you to build a business and life you love. Money Learnings: Chrissy learned that money was connected to effort, saving, giving, and planning from her family business background and religious schooling. Working for what you want and managing money responsibly were instilled early. Bio: Chrissy is the author of Reluctantly Resilient and CEO of AUI and Clarity HR which provide...
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Ep 385 How to Succeed When Everyone Expects You to Fail with Jonathan Beskin
Richer Soul, Living A Life on Purpose!
How to Succeed When Everyone Expects You to Fail Take away: Challenges early on, while difficult, can be the fire that forges your inner strength. If you believe in yourself and your abilities, you can exceed other's low expectations. Never let your humble beginnings limit your ambition. Turn adversity into advantage. Money Learnings: Jonathan's childhood was challenging financially and he felt deprived compared to his wealthy peers. He didn't receive any substantive money education as a child and had to figure it out himself later through entrepreneurial trial and error....
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Ep 384 Creating a Wealthy Life with Krisstina Wise
Richer Soul, Living A Life on Purpose!
Creating a Wealthy Life Take away: Money is a tool that should enable you to live a fulfilling life, not be the sole focus. Having clarity on your ideal lifestyle, relationships, and experiences is crucial. Then determine the amount of money needed to support that vision. Don't get caught in the trap of chasing more money for money's sake. Instead, focus first on personal growth, self-worth, purpose, and making a positive difference. With financial education and mindset shifts, money can be managed effectively to serve your life goals rather than become an all-consuming end in...
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Ep 383 Unlock Your Impossible Life with Chris King
Richer Soul, Living A Life on Purpose!
Unlock Your Impossible Life Take away: You have the power to renegotiate your existence and make the impossible reality by shifting your mindset and energy frequency. Money Learnings: Chris grew up in a privileged neighborhood financially but had a difficult childhood due to family trauma and issues with his father. He emphasizes the need to change our relationship with money and offers practical tools for repairing and improving that relationship. Bio: Chris M. King built a life on the pillars of his childhood: grief, rage, abuse, and addiction. Despite taking nine...
info_outlineWealth Management
Do you know your money mindsets and how they affect your ability to build wealth over time?
Take away: Understand that the world is abundant and the more you look at the world through an abundant lens the more it will give back to you.
Action step: Improve your mindset and understand yourself.
Money Learnings: Kirk did not learn anything about money from school because back then money is not something to talk about.
Bio: Kirk Chisholm is a Principal and Wealth Manager at Innovative Advisory Group, an independent RIA (Registered Investment Advisor) located in Lexington, MA. He has been providing financial advice to individuals and families since 1999. Kirk’s influence and innovation has promoted change in many areas of the wealth management industry.
Kirk provides a different perspective on many commonly held beliefs when it comes to portfolio management, retirement investing, financial planning, inflation, economics, and other personal finance topics. His rare expertise with alternative investments held in self directed IRAs has helped many investors invest in their passion.
Kirk is an experienced media personality. He is frequently quoted and interviewed by industry media outlets in print, audio, and video media formats. He writes frequently for industry publications and major media publications. He frequently appears as a guest on various podcasts. Kirk was acknowledged as the #7 most influential financial advisor on Investopedia’s top 100. Investment News named Kirk as one of the top 10 social media allstars in the financial services industry. You can find many of his media appearances here.
Highlights from this episode: Link to episode page
- How Kirk got into wealth management
- Kirk talks about managing risks
- Advice for how people should think about inflation
- Kirk discussed the velocity of money
- The cost of technology continues to go down but other cost skyrocketed
- Lessons learned from his podcast ‘The Money Tree Podcast’
Company website: www.innovativewealth.com
Free gift for your show’s listeners https://www.innovativewealth.com/financial-resilience
Richer Soul Life Beyond Money. You got rich, now what? Let’s talk about your journey to a more purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let’s figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It’s about personal freedom!
Thanks for listening!
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Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.