Use Buckets To Improve Your Financial Strategies - Episode 288
Release Date: 08/04/2023
Engineer of Finance
This episode was inspired by an article in The Epoch Times, titled: "No Fooling: Gov. Newsom's $20 Minimum Wage Hits April 1," written by John Seiler. I am not a fan of minimum wage because of the intended and unintended consequences. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The article from The Epoch Times, titled: "No Fooling:...
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Ken Greene talks about a story of his auto mechanic, Mico at Ital Motors in Reno, NV. He is grateful for being surrounded by people that he trusts and that are highly competent at what they do. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The contrast between the ease of modern air travel and the discomfort and complex emotions around...
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Ken Greene discusses the process of active investing and how it compares to passive investment strategies. His approach is more hands-on, watching the market daily, as he sees it as a way to relax and keep himself engaged. He underlines the importance of being aware of one's financial position and evaluates the patterns in the stock market to make informed decisions. Greene emphasizes that the stock market, whilst a powerful tool for accumulating wealth, can be unpredictable. He expressed his concerns about the rapid rise of the stock market, considering it to be "unnatural". He cautions...
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The Engineer of Finance podcast host, Ken Greene, starts by discussing his recent trip to Santa Monica and the contrasting weather in the Reno-Tahoe area. He expresses gratitude for being able to enjoy both environments. Ken then reflects on the workshop he attended in Santa Monica, where he learned from successful entrepreneurs and realized a blind spot regarding work-life balance. He admits to becoming complacent with releasing episodes of his podcast consistently and apologizes for missing several episodes. He shares that negative influences from marketing people affected his vision for the...
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Happy Groundhog Day! I hope everyone has a Happy Groundhog Day! Love the movie with Bill Murray. Great day to review and maybe revise our strategies and our plans to achieve the results we want to accomplish in 2024. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Ken’s love for skiing and winter, his desire for more winter, and how...
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Ken Greene welcomes guest Brad de Comarmond, co-founder of Empower Men, to share his personal journey and talk about his health and wealth transformation program for men. He focuses on establishing sustainable habits for long-term change over a 90-day period, starting with a one-on-one call and leading to courses, live training, and community engagement through the Mighty Networks platform. Brad emphasizes accountability and habits, inspired by James Clear's book, Atomic Habits. Brad discusses his personal experiences that have shaped him, including his health transformation from...
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Ken Greene welcomes guest Beth Hendler-Grunt, founder of Next Great Step, discussing the challenges young graduates face in the current job market. Pressures such as lifestyle expectations, inflation, and living costs discourage job hunting among recent graduates. In response to the issue of candidates not showing up for interviews, host Ken Greene suggests fear of rejection might play a role. Hendler-Grunt underlines the importance of guidance in job hunting for young adults from professionals, mentors or employers, and stresses the value of opportunities like internships for gaining...
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Thank you for supporting this podcast.Thank you to all the guests that came on The Engineer of Finance Podcast. Grateful for what we accomplished in 2023. Grateful for what's to come in 2024. Thank you. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed...
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Ken Greene advocates for intentional personal and financial planning. Despite past fears and resistance, he has learned the value in saving for the future and employing strategies like dividend paying insurance plans. His experience of fatherhood has reinforced his perspective on planning for the future. Ken concludes his end-of-year message with a disclaimer about his content, reminding listeners that investment decisions should be made cautiously and with the understanding of inherent risks. He emphasizes the importance of consulting with qualified financial advisors if necessary. ...
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Ken Greene expresses his deep gratitude for a range of things. He starts by emphasizing the importance of reflection and improvement in areas of life such as fitness and finances, and acknowledges that this may require bringing in mentors, coaches, or following online programs. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Ken’s...
info_outlineBuckets for different financial purposes can create clarity and improve your financial strategies. Ken Greene, discusses the concept of 'buckets'. He refers to these buckets as categorized allocations of personal finance, likening it to how you might fill several different physical buckets with water.
Links and Resources from this Episode
- DISCLAIMER
- For resources and additional information of this episode go to http://engineeroffinance.com
- Connect with Ken Greene
- http://engineeroffinance.com
- Office 775-624-8839
- https://www.linkedin.com/in/ken-greene
- https://business.facebook.com/GreeneFinance
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Episode Highlights
- How 'buckets' help in retirement planning, definition of financial independence and freedom
- Concept of every dollar having a purpose and using different categories to allocate funds
- Using 'buckets' for specific purposes such as mortgage and expenses related to house, auto loans and their maintenance
- Having a bucket specifically designed for acquiring real estate, impact of current mortgage rates
- Diversifying income streams for retirement including rental income, pensions, and annuities
- Using the stock market as a 'play check money' during good years, spending it on vacations or fun toys
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