Ep #5: What Classic Proverbs Can Teach You About Money

A number of common proverbs you’ve probably heard all your life can easily be applied to your finances. Are you keeping these simple lessons in mind when considering your retirement planning? Join us this episode as we place meaning to those proverbs.

Check out the full show notes by clicking here. 

Here's the rundown for this episode: 

1:30 - Upcoming event: When to shred your documents. 

3:29 -  “A bird in the hand is worth two in the bush.” Don’t overchase growth, especially in early retirement.

4:56 - “A rising tide lifts all boats.” If you’re in the market, you flow with the market.

5:52 - “If it sounds too good to be true, it probably is.” The market has maintained a similar process for years.

6:49 - “Don’t put all your eggs in one basket.” Diversification is key.

9:12 - “One man’s trash, another man’s treasure.” Understand the source of your advice.

11:15 - Mailbag: A totaled car means needing some liquid cash, where should it come from?