In every aspect of life, from financial to health and wellness, having a plan is an absolute must.
Just as we are growing our financial health, it’s equally essential to prioritize our health and well-being. Feeling good within your body and regaining your energy can overwhelmingly impact your business endeavors for the better.
And that’s what we’re chatting about in Episode 65 with our guest, Doug Wood, a health and fitness coach.
In our chat with Doug, we go further than just fitness and health, touching on how prioritizing these things in your life can help you in other areas, such as with finance. A few topics we cover includes:
With knowing what concepts are in your control, we can work with the concepts that are out of our control. Interest rates and inflation are ever changing; rapidly changing in today’s times.
We must be prepared to work around the forecast of the ever-changing market. A part of this plan is understanding the Rule of 72 which, in short, is a rule to use to estimate the number of years it will take to double your invested money.
We dive a bit deeper in this episode on how to apply the Rule of 72 as well as give examples on how the estimate works.