Listen "S1E24: The Personal Side of Finance with Dave Lowell"
Episode Synopsis
Host John Chapman of the John Chapman Show talks with Dave Lowell, fFounder of Up Your Money Game, a financial coaching firm. Dave talks about his contemporary style of assisting clients with personal finance. Also, Dave Lowell shares the 4 Money Scripts that are pervasive in our minds and affect the way we handle money and the real value in financial planning. Episode Highlights: Dave Lowell talks about what money was like in his home when he was growing up. Did his parents verbalize frugality? How did he get interested in having a career in personal finances? What types of situations did he see early on regarding personal finances? How did his career progress after his Fidelity experience? What was the process of starting Up Your Money Game? How can different age groups deal with financial planners? What are the 4 Money Scripts? What impact does spending have on our future financial independence? Ask yourself, ‘Why do you want what you want?' 3 Key Points: Know why you are spending your money before you make financial choices. Classes of Financial Planners: Brokers that sell products, Assets Under Management (AUM) for a flat fee, Flat Fee for Planning Help without touching the client’s investments. The 4 Money Scripts: Money Avoidance, Money Worship, Money Status, and Money Vigilance. Tweetable Quotes: “I learned a lot on the business side and I have always had a business mind. So, I loved learning about all the operations, setting up the processes, setting up the customer experience, marketing.” – Dave Lowell “We kind of know what we should do. We just don’t do it. Most of the time. I put financial advisors in that category. I have seen a number of financial advisors that don’t take their own advice.” – Dave Lowell “What a money script is, they are a subconscious beliefs that you have about money...and subconscience because they affect the way that you view the world.” – Dave Lowell Resources Mentioned: Linkedin: John Chapman Linkedin: Dave Lowell Twitter: Dave Lowell Linkedin: Up Your Money Game See omnystudio.com/listener for privacy information.
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