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Combatting Popular Excuses For Poor Financial Decision-Making

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Manage episode 422206909 series 2536281
Content provided by Wade Chessman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wade Chessman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Very often, we see people who know that the financial decisions that they’re making aren’t the best decisions, but they try to create excuses or explanations for why they’re doing what they’re doing.

From starting Social Security early to taking on too much investment risk, Wade offers insights into why these justifications often don't hold water and how to make better choices for a secure financial future.

Here’s some of what we discuss in this episode:

  • Why you might not want to start Social Security at age 62.
  • When you might be taking too much risk with your money.
  • Why you shouldn’t keep your money in cash out of fear of a market crash.
  • Do you know what you’re invested in?
  • Why you should consider working with an advisor.

Get in touch with Chessman Wealth: https://www.chessmanwealth.com/

The opinions voiced in The Money Knight podcast with Wade Chessman of Chessman Wealth Strategies are for general information only and are not intended to provide specific advice or recommendations for any individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing.

Investment advisory services offered through CWM, LLC, an Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

  continue reading

136 episodes

Artwork
iconShare
 
Manage episode 422206909 series 2536281
Content provided by Wade Chessman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wade Chessman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Very often, we see people who know that the financial decisions that they’re making aren’t the best decisions, but they try to create excuses or explanations for why they’re doing what they’re doing.

From starting Social Security early to taking on too much investment risk, Wade offers insights into why these justifications often don't hold water and how to make better choices for a secure financial future.

Here’s some of what we discuss in this episode:

  • Why you might not want to start Social Security at age 62.
  • When you might be taking too much risk with your money.
  • Why you shouldn’t keep your money in cash out of fear of a market crash.
  • Do you know what you’re invested in?
  • Why you should consider working with an advisor.

Get in touch with Chessman Wealth: https://www.chessmanwealth.com/

The opinions voiced in The Money Knight podcast with Wade Chessman of Chessman Wealth Strategies are for general information only and are not intended to provide specific advice or recommendations for any individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing.

Investment advisory services offered through CWM, LLC, an Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

  continue reading

136 episodes

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