The traditional way of thinking about retirement is that you need an income sufficiently high to support yourself. But what if we could help guide your path in life so it’s all spelled out for success?
In today’s episode, Jen sits down with guest Bill Bloom as he shares what it takes to eliminate debt and increase your savings to retire as you desire!
Are you a successful professional, ready to share your story?
Email email@example.com to get scheduled!
Listen to the podcast here:
Eliminating Debt & Increasing Savings to Retire as You Desire
Hello everyone. And welcome to this episode. I am delighted to have my guest with me today. Bill bloom, who is the founder of retire as you desire lifestyle. Let me take this opportunity to introduce him to you. He’s a husband and father family first, and I absolutely love that, but he works specifically with high level entrepreneurs and grateful people to truly get their money in order.
And so welcome to the. Bill happy to have you,
Uh, Jen, this is such an honor. You are incredible at what you do. So thank you for having me on the show.
Absolutely. So let’s, let’s just dig in right away. This is a challenge that, and I’m hearing this quite a bit, um, lately is, you know, we know about EQ. We know about IQ and I was interviewing someone who talked.
Financial cue like FQ right. Um, or, and this is becoming really, really a, a very big topic. And why is it a topic right now? I mean, other than the fact that it’s always been a topic, but why is everyone so consumed with getting their finances in order right now?
I think during the pandemic, during these couple years, it has really made your money issues so much more prominent because you’re staying at home. You’re not spending as much money as you normally would have if you’re traveling to an office or going out and. Even though in theory, you should be saving money.
A lot of people haven’t, I’ve read a lot of reports saying that the consumer is flush with cash. And I don’t know if that’s particularly true. I really don’t because your habits really dictate how your money goes. Yeah. It really comes down to your habits. And when we’re kids, when we’re kids, we never go to school.
And learn about money. We learn about math, arithmetic, reading, writing, but never about money.
Yeah. Well, and I agree with you because I think that, you know, while we’re not maybe spending in this pool, we’re sitting at home and we’re doing Amazon and online and. Uber eats. So we’re still going out to eat, right?
Because, because that’s happening, I think that there’s, you know, less spending, but I think that there, right, I’m sorry, less, uh, yeah, less spending outside of the house, but more spending inside of the house. So do you think that, that people are thinking about this literacy because they lack the, um, extra cash, you know, their, their cash flow is lower at the end of the month, or because they’ve been able to save more money and they don’t know what to do with it.
So now they’re saying. You know, which, which is it? I mean, do you think there’s a percentage of, of people in either of those categories?
Definitely both. There’s definitely both. Especially when you have people getting stimulus money. Um, I’ve had a lot of questions. What do you do with this? What should I do with this?
And when you look at percentages, when all, what all these reports show. I really try not to pay attention to those because a lot of them are incorrect. They’re not taking the big, um, group of people in that category. I mean, they don’t talk to everyone, so I don’t really follow those percentages. I see it on a day to day basis and the people who have been saving those stimulus checks or putting money away, I see them redoing their house, like redoing a bathroom.
One of my really good friends is a landscaper and he’s doing quarter million, million dollar buildouts in people’s backyards. Like people are spending crazy amounts of money and he’s booked two years out. Because of it. Yeah. So just to spend that kind of money, because you’re staying at home is just incredible.
It’s absolutely incredible. So. The one thing that has to out to me during this pandemic is the fact that people still don’t have reserves. That was one study that I read and I didn’t pay attention to the number, but it said so many people, it was over 50%. Don’t even have a thousand dollars for emergence.
Listen to the FULL Episode HERE
Learn more about Bill Bloom:
Bill Bloom is a husband and father. Family first. He is a sailboat racer, classic car driver, author, podcaster, multiple business owner, Strategic Coach 10x member and a lifetime learner.
Bill has created the Retire As You Desire lifestyle, that helps you earn back your freedom so that you can live a purposeful and passion-filled life! He creates customized investment and retirement plans so that you can truly live how you desire.
He specifically helps high level entrepreneurs and grateful people to truly get their money in order.
Get in Touch With Bill:
Love the show? Subscribe, rate, review, and share!