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Money Feels

40: Do You Need a Financial Planner?

Oct 5, 2023
Topics discussed in this podcast include the role and types of financial planners, finding the right planner, fee structures, benefits of having a financial planner, specific life stages for financial planning, saving and spending in retirement, answering listener questions, and resources for finding planners. The hosts also talk about their own financial situations and emotions, the importance of short-term goals, and tips for the current economic climate.
01:10:55

Podcast summary created with Snipd AI

Quick takeaways

  • Having a clear financial plan is crucial for making informed decisions and setting achievable goals.
  • Seeking the help of a financial planner can be beneficial when managing finances after a messy divorce.

Deep dives

Common Mistakes with Money

One common mistake that I see people make with their money is not having a clear financial plan. Without a plan, it becomes difficult to make informed decisions and set achievable goals. Another mistake is trying to do too much too fast, such as saving for multiple short-term goals while neglecting long-term retirement savings. It's important to find a balance and make trade-offs to ensure financial stability and future security.

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