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Millennial Investing - The Investor’s Podcast Network
MI Rewind: Take Control of Your Financial Future w/ Brennan Schlagbaum
Oct 27, 2023
46:06
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Brennan Schlagbaum, a certified public accountant and investment coach, discusses the importance of financial education, paying off debt, investing in a brokerage account, and the benefits of budgeting. He also highlights the flaws in our financial education system and the future of low-cost resources. Common mistakes made by new investors are also discussed.
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Quick takeaways
- Having a budget is crucial for managing your finances effectively and working towards your financial goals.
- Avoid chasing short-term gains and focus on long-term investing strategies like diversifying your portfolio and using index funds.
Deep dives
The Importance of Having a Budget
Having a budget is crucial for managing your finances effectively. It allows you to track and understand where your money is going, helping you optimize your spending and make informed financial decisions. A budget provides a snapshot of your finances and helps you identify your values and priorities. It is a tool that empowers you to take control of your money and work towards your financial goals.
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Listen to the best highlights from the podcasts you love and dive into the full episode