Tag: Financial Advice

Mastering Your Money with The Living Balance Sheet® creator Bob Ball – Part 2 (Ep. 41)

Mastering Your Money with The Living Balance Sheet® creator Bob Ball – Part 2 (Ep. 41)

Are you ready to challenge traditional financial strategies and embrace a groundbreaking approach?

In this compelling second part of the Maximizing Outcomes Podcast series, host Jim McGovern and financial expert Bob Ball dive deeper into the “Living Balance Sheet” concept. They expand on earlier ideas, helping listeners gain a clearer insight into achieving financial balance.

Key Discussion Points:

  • The Living Balance Sheet’s Evolution: From its early days to its current status as a pivotal financial planning tool
  • Advanced Savings and Debt Tactics: A continuation from part one, focusing on refined strategies for a balanced financial future
  • Disciplined Saving’s Impact: Diving into the 80/20 rule, illustrating the supremacy of structured saving over high-risk returns
  • Enhancing Cash Flow and Debt Approaches: Practical advice on elevating savings rates and deploying effective debt strategies
  • Liquidity’s Essential Role: Insights on maintaining a balance between readily accessible and long-term assets
  • Balanced Insurance Strategy: A discussion on aligning asset protection with wealth growth, following up on earlier points
  • And much more!

Resources:

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Connect with Robert Ball:

Protecting Your Child’s Future (Ep.4)

Protecting Your Child’s Future (Ep.4)

What’s at stake when setting your child up for a successful financial future? What specific goals do you have in mind for your child?

In this episode, Jim McGovern will give you practical insights and an overview of life planning, building a sustainable wealth for you and your children, and caring for your child’s future. 

Jim discusses:

  • His philosophies of planning for your child’s financial future
  • Planning your financial timeline and how to properly incorporate your children’s financial inheritance
  • The financial planning process when caring for a child that has special needs
  • How to plan for your financial well-being
  • And more

Connect With McGovern Wealth Group: