Keith Kohler: Managing Your Finances Better

In this episode, Cheryl and Keith discuss:

Don’t be a minimalist in finance Planning finances long-term  Taking ownership of your finances  Learning how to manage your own finances

 

Key Takeaways:

At the highest level, you want frequent statements and you want to use them effectively for ongoing decision-making. Read the statements and make decisions based on the information that you have. Don’t be a minimalist.  Don’t settle for short-term planning, have a roadmap of where you are so that you can make intelligent decisions about where you are going. Putting out fires is necessary, but making sure they don’t happen as much in the first place is the wiser thing to do.  You don’t have to be as skilled as an accountant or bookkeeper in order to manage your finances. You need to stop with the negative self-talk, work through your limiting beliefs, and start doing it. Don’t deny it or delegate it to somebody else.  Nerdwallet, investopedia, or any other wikipedia-ish type of sites for finances is a huge resource for financial management that anyone can take. Being able to manage your own finances will take some investment of time into learning more.

 

“If we're very dedicated to managing our finances -I have a belief that you can do it in as little as 15 minutes a day - and not necessarily every day - you can master your finances.”  —  Keith Kohler

 

Connect with Keith Kohler:

Website: https://www.financingman.com

LinkedIn: https://www.linkedin.com/in/keithkohler1/

 

Get in Touch with Cheryl:

Website: www.cherylknows.com 

YouTube:  https://www.youtube.com/channel/UCwvWKXBC6fKn1dLGY11hxIg

Facebook: https://www.facebook.com/dynamiteproductionsinc

LinkedIn: https://www.linkedin.com/in/cherylknowlton/

 

 

Show notes by Podcastologist: Justine Talla

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.