Understanding your personal finances means treating them like a business, and that’s exactly what this episode of Ditch the Suits emphasizes.

Travis and Steve dive into the importance of recognizing yourself as the boss of your financial situation, encouraging listeners to engage with financial advisors as if they were hiring employees.

They discuss the pitfalls of over-reliance on financial professionals who may not have your best interests at heart, and how to spot red flags in the financial services industry.

Throughout the conversation, they highlight the necessity of being proactive and informed, ensuring that you delegate effectively while maintaining oversight of your financial decisions.

This episode aims to empower listeners to take control of their Money business and make informed choices for their financial future.

Takeaways:

• Understanding your finances as a money business can empower you to make better financial decisions.
• When hiring a financial advisor, ensure they communicate in terms you understand clearly.
• Don’t let intimidation from financial jargon prevent you from being an informed client.
• It’s essential to treat your personal finances with the same diligence as running a business.
• Being proactive about your financial planning can save you from costly mistakes down the road.
• Look for financial planners who prioritize your best interests over their commission-based sales.

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Steve Campbell Podcaster | Business Owner | Husband | Father to Four

Based on lessons learned during the 2008 Financial Crisis and extensive professional experience, Ditch the Suit’s was a response to the panic induced by the COVID-19 Financial Crisis, where a collision of social fear and financial volatility, fueled by the politicization of nearly every issue, seemed to tip the world upside down. With the goal to help people avoid making financially destructive decisions, co-hosts Travis Maus and Steve Campbell produced daily recordings on a wide range of topics, such as staying positive, understanding the financial impact of new legislation, how to take advantage of the stock market when it crashes, blocking out fear-mongering, etc. which eventually gave way to the creation of the Ditch the Suits Podcast.

Ditch the Suits has become more than a podcast – it’s become a movement. Travis and Steve share their experiences and industry insights in order to help you make one good financial decision after another.

Their listeners know they will hear things from us that no one else is willing to tell them!