6 Guideposts to Increase Your Net Worth
Money for Life with Eric Roberge, CFP
Release Date: 10/06/2025
When Estate Planning Goes Wrong - and How You Can Get It Right with Estate Planning Attorney Michael Broderick
Money for Life with Eric Roberge, CFP
Estate planning isn't just for the ultra-wealthy or elderly or “other people who need it but not me.” It's a critical financial planning step for anyone who is trying to build their wealth who also wants to protect their loved ones - particularly children who are minors. Eric Roberge, CFP sits down with estate planning attorney Michael Broderick to demystify the estate planning process and reveal what mid-career professionals really need to know about having an estate plan, including: The biggest misconception people have about estate planning Why this kind of protection planning so...
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Are Your Investing Expectations Aligned with Reality? What Good Investing Actually Looks Like
Money for Life with Eric Roberge, CFP
There’s often a big disconnect between what investors expect from the market… and the reality of what good, long-term, properly risk-adjusted investing looks and feels like. Today, we’re tackling that divide to bridge the gap. This conversation provides the education and insights you need to set reasonable expectations and start making better investment decisions. Expect to hear: Why chasing returns often backfires for average investors How volatility is a normal part of a healthy market What you should actually expect things to look and feel like when your sound investment strategy is...
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5 Money Questions You're Not Asking (But Should Be)
Money for Life with Eric Roberge, CFP
What's your first money memory? How much are you ACTUALLY saving each year? Where do you have a hard time using your money? These kinds of financial questions rarely come up in conversation, but they are critical to ask, consider, and consider what your answers mean for your money. Discover how your earliest money memories (often from ages 3-7) are still running your financial decision-making today, why most people can't answer how much they're really saving, and how to build a money management system that works with your emotions instead of against them. Eric and Kali also share their own...
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How to Navigate Current Economic Conditions: Managing Your Money Well Through Uncertain Times
Money for Life with Eric Roberge, CFP
Whether you're worried about losing your job, concerned about your investments, or just feeling uncertain about the economy, this episode gives you a clear action plan to turn anxiety into productive financial decisions. “How do I navigate the current economic uncertainty?” This was the most-requested topic at a recent conference we attended. If you’re wondering the same, you’re clearly not alone. Instead of worrying, get a strategy in place so you know you can ride out any uncertain times that may lie ahead. We’re explaining what recessions actually are (versus what people often...
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Using Money to Buy Back Time: Smart Strategies for Outsourcing Across Your Life
Money for Life with Eric Roberge, CFP
Are you constantly running on empty, juggling work, family, and endless household tasks? Then you may need to take advantage of an often-underutilized strategy for high-earning professionals: use your money to buy back your time. No, you should NOT do everything yourself, and we don’t believe outsourcing is some kind of sign of moral failing or judgment on your inability to successfully manage things on your own. The truth is, using your money to buy back time is a strategic investment in what matters most. Discover how to create a "shed column" to identify which tasks are draining your time...
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Understanding Long Term Investing: What It Actually Means and Requires to Work for You
Money for Life with Eric Roberge, CFP
Everyone says "invest for the long term" and "stay the course"—but what does that actually mean? When the market drops 12% within a few weeks, is your 10-year timeline really "long-term enough"? In this episode, Eric and Kali cut through the vague advice and give you specific numbers: how many years you actually need, what returns to expect, and why being a long-term investor is one of the hardest things you'll do with your money. Through real market data spanning 30 years, plus examples from the tariff-induced volatility of 2025, Eric and Kali explain why staying invested through full...
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Should You Buy a Car Now?
Money for Life with Eric Roberge, CFP
Thinking about buying a car? “Should I buy a car now, or wait?” has been an extremely popular question among our financial planning clients this year. So today, we’re discussing the reality of car prices in 2025, how we think prices are likely to evolve (or not) over the coming months, and the planning considerations to take into account if you decide to buy now. We’re also sharing our own real-world, personal experiences with buying two new cars in 2025 for fair market prices given the specific make and trim models of each, along with what we learned through the process and what...
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6 Guideposts to Increase Your Net Worth
Money for Life with Eric Roberge, CFP
6 Guideposts to Increase Your Net Worth Think investment returns are the key to building wealth? Think again! In this episode, Eric and Kali share six powerful guideposts that, if followed, can generate the power you need to increase your net worth. No stock picking or secret investment strategies only the rich know required. Discover why your savings rate matters more than your investment returns, why time in the market beats timing the market, and how to build financial flexibility into your plan so you can adapt to whatever life throws your way. You'll also hear about practical strategies...
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Financial Risk Worth Taking (and Risks You Should Avoid)
Money for Life with Eric Roberge, CFP
Is all risk bad? How can you tell how much risk you should take, or know when you’re not taking ENOUGH risk to earn the return you need? What’s more important, risk tolerance or risk capacity? With 2025's market volatility creating concern and worry for investors, we’re exploring why no investment worth making is without risk… and why trying to avoid all risk presents a danger to your ability to grow wealth. Discover the critical difference between risk tolerance (how comfortable you feel) and risk capacity (what you can actually afford to lose), and why this distinction changes...
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Want Money for Life? Start Here
Money for Life with Eric Roberge, CFP
Looking for Beyond Finances? You're in the right place! Beyond Finances is now Money For Life, hosted by Eric Roberge, CFP and Kali Roberge. We’re back and focused on sharing our philosophy, action plans, and professional expertise on the financial planning strategies that help us, our clients, and now you, to create wealth that lasts a lifetime. In this episode we discuss why (and how) we focus on building financial planning strategies designed to create money for life, and share why it’s so important to approach money management in a way that allows you to enjoy life in the present –...
info_outline6 Guideposts to Increase Your Net Worth
Think investment returns are the key to building wealth? Think again!
In this episode, Eric and Kali share six powerful guideposts that, if followed, can generate the power you need to increase your net worth. No stock picking or secret investment strategies only the rich know required.
Discover why your savings rate matters more than your investment returns, why time in the market beats timing the market, and how to build financial flexibility into your plan so you can adapt to whatever life throws your way.
You'll also hear about practical strategies for managing variable income, avoiding lifestyle creep, and making sure your spending aligns with what truly matters to you.
If you're ready to focus on what you can control and build wealth the reliable way, this episode is packed with actionable advice you can implement immediately.
Key Takeaways
1. Your savings rate matters more than your investment returns
Focus on what you can control. Saving 25% of your income with modest 6% returns will outpace saving 10% even with exceptional (and totally unrealistic!) 14-15% returns. The math is clear: consistent savings beats hoping for outsized returns.
2. Time in the market beats timing the market
Stop trying to predict market peaks and valleys. Long-term participation in the market leads to successful outcomes far more reliably than attempting to jump in and out at the "right" moments. What looks obvious in hindsight is nearly impossible to predict in real time.
3. Plan for the unexpected to happen
Build buffer room into every aspect of your financial plan. Keep extra emergency reserves, use conservative assumptions for income growth and savings rates, and save aggressively when you can so you have flexibility later when life inevitably changes.
4. Don't count on variable income for fixed expenses
If you receive bonuses, commissions, or equity compensation, base your fixed expenses (mortgage, car payments, etc.) on your guaranteed income only. Use variable income as "icing on the cake" for savings and discretionary spending.
5. You determine what actually matters
Avoid keeping up with the Joneses or following someone else's definition of success. Test different spending categories to discover what truly brings you joy and aligns with your core values—whether that's family, wellness, learning, or something else entirely.
6. The best plan adapts to change
Financial planning isn't about accurately predicting the future—it's about creating flexibility to adapt to whatever unfolds. Build modular plans that can evolve as your values, goals, and circumstances change over time.
Chapters:
(00:00) Guideposts can help grow net worth
(01:18) Your savings rate matters more than your investment returns
(09:40) Time in the market beats timing the market
(14:17) Plan for the unexpected to happen
(25:24) Don't count on variable income for fixed expenses
(32:57) You determine what actually matters
(39:07) The best plan adapts to change
Ready to create, use, and enjoy money for life? Request a complimentary consultation with us at BYH and discover how to optimize your investments, reduce your tax burden, and grow your wealth: https://beyondyourhammock.com/schedule