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PPR 168_ Financial Parenting Advice

Kraig Strom, The Income Engineer

Release Date: 12/23/2024

PPR 256: Quick - Take Financial Literacy show art PPR 256: Quick - Take Financial Literacy

Kraig Strom, The Income Engineer

According to a 2020 KeyBank Financial Wellness Survey, 75% of Americans consider themselves financially savvy, but 36% don’t know how, or prefer not, to answer basic financial literacy questions. We need to keep learning and teaching the next generation. Wall Street drives much of the financial marketing and education machine. Ask questions and don't be afraid to challenge the conventional wisdom.

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PPR 256: Deal of The Week - Wardrobe  Malfunction show art PPR 256: Deal of The Week - Wardrobe Malfunction

Kraig Strom, The Income Engineer

Our economy is consumer driven which means that without people spending money on consumable and disposable things, the economy grinds to a halt. We have been conditioned not to associate or compare consumer purchases with investments.

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PPR 256: WPTV - Family Foundations Hidden in Plain Site show art PPR 256: WPTV - Family Foundations Hidden in Plain Site

Kraig Strom, The Income Engineer

The moral of the story is "The Rich Don't Pay Taxes" like everyone else because they work with teams like mine.

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PPR 256: WYS- Call Center Life Insurance show art PPR 256: WYS- Call Center Life Insurance

Kraig Strom, The Income Engineer

As a Paralegal and a Certified Financial Planner®, Kraig is uniquely able to assist clients with the careful preparation of asset protection and estate plans. Kraig's team uses a financial-planning approach to ensure that each client obtains the best possible outcomes.

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PPR 257: WPTV - Sweeping Tax Law Changes show art PPR 257: WPTV - Sweeping Tax Law Changes

Kraig Strom, The Income Engineer

If you have not noticed, we have a new resident at 1600 Pennsylvania Ave in DC and he is burning through executive order ink faster than anyone in history. Politics aside, now is the time to schedule a strategy session with the team at Barth Calderon.

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PPR 257: Deal of The Week - Boating Fail show art PPR 257: Deal of The Week - Boating Fail

Kraig Strom, The Income Engineer

I find it ironic that certain people like to brag about their investment prowess or boast about their success in business at the same time they make horrible financial decisions with how they spend their money.

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PPR 257: Quick Take - Come on MAN! show art PPR 257: Quick Take - Come on MAN!

Kraig Strom, The Income Engineer

How many times do I need to say this before I stop getting the same terrible phone call? COME ON MAN!

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PPR 257: WYS - Father Admits he Was Wrong show art PPR 257: WYS - Father Admits he Was Wrong

Kraig Strom, The Income Engineer

The father of the 4% Rule emerges from his golf course retirement home to say he was wrong. For years, Wall Street has told us that the 4% rule for retirement income planning is gospel.

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PPR 258: DOW-Buying a Plane show art PPR 258: DOW-Buying a Plane

Kraig Strom, The Income Engineer

What is the the only thing more costly then buying and maintaining a private boat?

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PPR 258 Quick Take - Wall Street Battle Royale show art PPR 258 Quick Take - Wall Street Battle Royale

Kraig Strom, The Income Engineer

As a Paralegal and a Certified Financial Planner®, Kraig is uniquely able to assist clients with the careful preparation of asset protection and estate plans. Kraig's team uses a financial-planning approach to ensure that each client obtains the best possible outcomes

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Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes, America is now in a retirement income crisis. Personal Pension Radio show is focused on helping you pack your bags for both halves of the retirement journey.  Kraig's mission is help you build & protect your wealth and lifestyle today and generationally.

Optimizing Retirement income does not happen with a product.  Mutual funds, life insurance, real estate, or annuities by themselves will not help you optimize your retirement income. You must have an integrated approach.

DISCLOSURE:  KRAIG IS THE INCOME ENGINEER BUT HE IS NOT AN ATTORNEY OR A CPA. PLEASE DO NOT CONSIDER THINGS ON THIS SHOW AS ADVICE. PLEASE TALK WITH A QUALIFIED CERTIFIED FINANCIAL PLANNER BEFORE MAKING ANY FINANCIAL DECISIONS.

 

Keywords

Financial Dependence, Financial Solvency, Financial Stability, Debt Freedom, Financial Security, Financial Independence, Financial Freedom, Financial Abundance, retirement, pension, income, protect, rescue, help, money, savings, Certified Financial Planner (Job Title), Income Tax, Money, Finance (Industry), wealth, tips, Personal Finance,  financial podcast, infinite banking, Self-Directed IRA, Retirement Planning Tips, Retirement Planning, Individual Retirement Account, Investing 101