MINISODE: Hurricane Hiatus - An Update on the Wealth by Design Podcast
Wealth by Design
Hello, loyal listeners! We wanted to let you know that we have a quick update on the podcast and a few things that are happening over at Toujours Planning right now. As you may know, we are a Lake Charles-based business and family, and our community, homes, and offices were devastated by Hurricane Laura in August.
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MINISODE: Do You Need a Financial Advisor or a Certified Financial Planner™?
Wealth by Design
Do you need a financial planner? A financial advisor? An investment professional? A money coach? And what are those initials after their names?!
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MINISODE: Are You Falling into This Stock Market Trap?
Wealth by Design
In this minisode, Dustin breaks down the Sir Templeton’s quote: “Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.”. He also discusses timing the stock market, why it’s a bad idea, and what you should do instead.
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MINISODE: Should You Have a Joint Account with Your Partner?
Wealth by Design
We’ll keep the intrigue to a minimum. In our opinion, the answer to this question is a resounding yes. Sharing your finances with your partner builds trust. Keeping them separate can breed suspicion and worry.
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MINISODE: When Stock Markets Dip and Bounce Back
Wealth by Design
In this minisode, Dustin recaps what a stock actually is and how stocks are bought and sold. He discusses how people’s emotions cause those peaks and valleys in the stock market, and how you can avoid that dangerous herd mentality when it comes to your own investing.
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112: Growing a Business & Wealth with Katell and Jon of Reverielane
Wealth by Design
Katell and Jon, a husband and wife design team, are founders of Reverielane, a purpose-driven brand and web design firm.
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[Summer Remix] 102: Net Worth is King
Wealth by Design
We talk about fear a lot on our podcast. Fear is natural and, TBH, necessary. But fear can also make you focus on the wrong thing when it comes to your net worth. Paying down debt rather than building up your assets, to be specific. And that’s what we discuss in this week’s episode: where our fear of the “debt boogeyman” comes from, our three-step strategy on how to overcome it, and what part of your finances you should be focusing on instead.
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[Summer Remix] 101: Robo-advisors: Your New Best Friend or Your Worst Enemy?
Wealth by Design
The robots have taken over. Just kidding. But, they have taken over a major chunk of the financial industry in the form of robo-advisors. But the truth is, we think robo-advisors are actually pretty useful. Of course, there’s a time and a place to use them, which is exactly what we cover in this episode of Wealth by Design.
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[Summer Remix] 100: High Yield Savings vs. Stocks: Who Wins?
Wealth by Design
There are a lot of misconceptions about investing in the stock market, thanks to fear-mongering in the news, horror stories from family and friends, and a lack of education about the stock market in general. Your fears may also be why high yield savings seems like the better option for your money. In this episode, we talked about the differences between high yield savings and stocks. We know you’re probably a big fan of saving because it’s “safe,” right? Well, we’re about to rock your world.
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[Summer Remix] 98: Leaving Behind the “Punch Clock” Mindset
Wealth by Design
The concept of a punch clock — punching in to start a shift and punching out when it ends — is ingrained in many of us, even as business owners who write our own checks and make our own schedules. But it doesn’t have to stay that way! On this episode of Wealth By Design, we talk about how you can start changing your mindset and your life right now.
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Men’s style can be confusing these days with skinny jeans and bow ties being all the rage. But dressing for success is as important as ever. Ensuring that your wardrobe lasts more than just a season and that you look great for every occasion doesn’t have to be a burden. If you look at clothing through an investment lens and remember 3 easy tips you can create a signature look that will stand the test of time. Are you ready to discover 3 ways that you can make an investment in yourself through your wardrobe? Listen to this episode of Worth It to hear how you can turn your closet into an investment in yourself.
Here’s What You’ll Learn
- [2:45] It’s hard to dress right these days
- [6:52] Think of clothing through an investment lens
- [9:10] Clothing should show your ideal you
- [16:35] Fit matters
- [18:16] Buy high quality and low quantity
- [25:29] Buy timeless clothing
Your clothing choices should show your ideal self
They say that you should dress for success, but what exactly does that mean? You have to think about who you want to be. Knowing who your ideal self is will help you find your style. How do the most successful dress in your field of expertise? There are great ideas all around you to help you create the style that is just right for you. You can also look to characters in movies and on tv to help you find your look. Clothes that fit correctly go a long way to creating the ideal look. If it doesn’t fit well, get rid of it! Women have known for years how to create a wardrobe that makes them look their best, it’s time that men catch up. Listen to this episode to hear how to choose the right clothes to show your ideal self.
Buy high-quality pieces that last
If you are thinking of clothing through an investment lens then spending extra money on high-quality pieces that will last for generations then price takes on a whole new meaning. Yes, you will spend more money at the outset but the beautiful thing about buying quality pieces is that you don’t have to buy a lot. Quality means so much more than quantity. Men only need a few pairs of shoes, belts, and other accessories that will stand the test of time. There are great ways that you can save money on your favorite brands, find out how on this episode of Worth It.
Buy timeless clothing
If you’ve seen the tv show Mad Men then you know that quality clothing never goes out of style. Well-fitting suits, jeans, chinos, and blazers are pieces of classic fashion that have stood the test of time. Did your grandfather have a wardrobe piece that was handed down to you, or have you ever discovered a classic thrift store find? These are examples of clothing that stands the test of time. You can look current without being trendy by including timeless staples in your wardrobe. One way to think about a clothing purchase is to ask yourself if you could still wear the item when you are 50, 60, or even 70 years old.
Be current instead of being trendy
By mixing and matching high quality, timeless pieces that fit well you can create a wardrobe that shows your true self. It may seem like a lot of money when you are purchasing them, but an investment in yourself is always worth it. Remember that quality made clothing and accessories are built to last many years, unlike trendy low-quality items that are only made to last a season or two. When you see a piece that speaks to you, trust your gut and go for it and wear your clothing with love. Find out the best ways to invest in yourself through your wardrobe on this episode of Worth It.
Resources & People Mentioned
Connect With Danielle and Dustin
- Connect with Dustin on Twitter: @DRGranger