About That Wallet

Navigating Financial Wisdom for Generations: Insights from Chad Taylor

Discover how decades of financial experience shape the mindset of building legacy and financial discipline. Chad Taylor, the President and Wealth Advisor for Seapoint Wealth Advisors, shares practical advice on saving, investing, and educating the next generation, demystifying complex strategies into actionable steps.

In this episode:

• The truth about chasing quick money versus slow, disciplined growth
• How to use financial plans to visualize retirement goals and reduce anxiety
• The importance of financial education for children and its impact on future wealth
• Practical strategies for short-term savings, including bonds and high-yield accounts
• The importance of consistency and automation in building wealth
• Key lessons from the 2007–2008 financial crisis
• The psychological and emotional dynamics of market fluctuations
• Tips for self-employed individuals on tax planning and savings buckets
• An introduction to different types of bonds based on investment horizon
• The value of educational books like The Philosophy of Money in shaping financial perspectives

Timestamps:

• 00:00 - Episode overview
• 00:30 - Chad's journey
• 01:14 - Fast money myth
• 02:41 - Mindset shift growth
• 03:22 - Retirement goals planning
• 05:11 - Teaching money children
• 06:13 - Education vs. dollar
• 07:10 - Market downturns resilience
• 08:58 - Diversified investing averaging
• 09:23 - Teaching fiscal responsibility
• 13:18 - Bonds accounts savings
• 16:23 - Vacation savings planning
• 20:08 - Bond types introduction
• 26:32 - Recommended financial reading
• 28:16 - Personal favorite dish
• 29:22 - Final thoughts education

Connect with Chad Taylor:

• https://www.seapointwealth.com/
• Email: Chad@CPointWealth.com

Final Takeaway:

Building wealth isn't about quick wins but about consistency, disciplined planning, and fostering financial literacy. The legacy you leave depends not only on dollar amounts but on the education and habits you instill in the next generation.

Support the show (Every dollar helps keep the lights on and for me to con't to bring amazing guest on the show) 

Buy me a coffee: 

https://buymeacoffee.com/aboutthatwallet

Learn more on: https://aboutthatwallet.com 

Disclaimer

The information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.

Episode: 345

Me having a chat with my mom.

Like Avon products as much as my mom?

https://www.avon.com/?rep=devonaparker

Check out more episodes: https://aboutthatwallet.com

Disclaimer

The information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.

Episode 344

Today’s guest is Steve Short — a retired corporate executive and co-author of The Simple Road Toward Financial Freedom, a personal finance guide with a foreword by Will Ferrell. Steve often appears alongside his co-author, financial advisor Mark Schlipman. Together, they’re known as the #GenZMoneyMentors, helping young adults take control of their money through real-life strategies. They’re here to simplify personal finance and help you build habits that lead to lasting financial freedom.

In this episode, financial experts Mark and Steve discuss the simple 50-20-30 savings model, the importance of financial literacy, and practical strategies for building wealth and financial freedom. They share insights on teaching kids about money, planning for college, and the future of financial education.

Key  Topics:

//The 50-20-30 savings model explained

//The importance of financial literacy in youth

//Strategies for saving for college and retirement

//The impact of early financial education

//The future of financial education in schools

Get Steve and Mark's Book - The Simple Road Toward Financial Freedom: A Guide to Helping Young Adults Build Wealth: 

https://www.simpleroadbook.com 

https://amzn.to/4eW4Lrx 

=||Chapters||=

00:00 Introduction to Financial Freedom

03:01 Understanding the 50-20-30 Model

05:58 The Importance of Saving First

08:39 Navigating College Savings and Financial Priorities

11:40 The Need for Financial Education

14:31 Personal Experiences and Financial Planning

17:25 The Role of Financial Advisors

20:09 Building Financial Habits Early

23:05 The Power of Positive Thinking

26:12 The Simple Road to Financial Freedom

28:57 The Future of Financial Education

32:03 Final Thoughts and Resources

Check out About That Wallet: 

https://aboutthatwallet.com 

Disclaimer

The information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.

Episode 343

In this episode, Anthony Weaver sits down with Michael Cobb, a seasoned entrepreneur and investor, to explore the transformative power of stepping outside your comfort zone in the world of finance. Michael "Mike" shares his journey from traditional investments to alternative asset classes, emphasizing the importance of taking calculated risks and overcoming the fear of failure. He discusses how he built successful businesses in Central America, including a bank and a timber company, and the unique opportunities available for savvy investors looking to diversify their portfolios.

Key insights include:

// The significance of investing outside of traditional asset classes

// Understanding the difference between risk and the perception of risk

// The importance of preparation and research before making investment decisions

// How to approach international investments with confidence and due diligence

// The impact of service and community development on business success

=|| Chapters ||=

00:00 - Intro

00:23 - About that Wallet podcast helps the Samwich generation build strong financial habits

01:12 - So what is it is a cool financial tool that you found along your journey

09:04 - People perceive investing overseas or outside their home country differently, Anthony says

13:19 - A mortgage company was born in 1994 in Belize

17:35 - Forestry management companies

23:33 - Timber is a great way to build wealth

28:34 - Sawmill in Panama

32:06 - Third segment

37:46 - Final Four Questions

39:36 - Last question

Connect with Michael Cobb:

Website: https://ecidevelopment.com/

Email: Mike.cobb@ecidevelopment.com

Request Mike's free book: Send an email with "Mike's book" in the subject line!

Note: This episode is packed with valuable insights for anyone looking to expand their financial horizons and invest with confidence. Don't miss out on the chance to learn from Mike's extensive experience!

__________

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IG: aboutthatwallet

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Website: aboutthatwallet.com

Or Buy me a coffee: 

https://buymeacoffee.com/aboutthatwallet

DISCLAIMER: The information in this podcast is for educational purposes only and does not constitute financial, legal, or tax advice. Please consult a qualified professional for advice tailored to your individual circumstances.

Episode #342

A lot of people wish they could retire, but they just don't know where to put their money to start retirement. Today's guest is going to share his story about how to retire within 10 years after being fired at 63.  

David Nassief is a #1 Amazon Hot New Release author and a veteran of the B2B sales and accounting world. After an 18-year corporate career ended abruptly at age 63, David faced the "Sandwich Generation" nightmare: nearly broke with a family legacy at stake. Refusing to stay down, he developed the One-Page Wealth Compass, a boring, unsexy, and safe system that took him to a seven-figure net worth in just six years. Today, he helps others find financial sovereignty through radical simplicity and disciplined automation. https://onepagewealthcompass.com/media-press/

What would you do if you were fired at 63? 

More from David Nassief: 

https://www.youtube.com/@davidn1269 https://www.linkedin.com/company/111549991 https://www.onepagewealthcompass.com

Support the show (Every dollar helps keep the lights on and for me to continue to bring amazing guest on the show) 

Buy me a coffee: 

https://buymeacoffee.com/aboutthatwallet

https://aboutthatwallet.com 

Disclaimer

The information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.

Episode 341