The Mental Health and Wealth Show is hosted by Melanie Lockert, author of Dear Debt and founder of Lola Retreat. The podcast covers all things money and mental health. On the show, Melanie interviews mental health professionals, financial professionals, and people who share their struggles with money and mental health.
http://mhawshow.libsyn.com/website
episode 69: How to Achieve Your Money Goals This New Year: An Interview with Certified Financial Planner Gary Grewal
It’s the start of a new year and I know you probably have lots of money goals you’d like to reach this year. So, in today’s episode, I chat with financial planner Gary Grewal about what a Certified Financial Planner is and how one can help you get your financial life in order. Gary is the author of Financial Fives: The Top 325 Ways to Save, Earn, and Thrive to Retire Before 65. We also chat about how to negotiate, FIRE (Financial Independence Retire Early) and why he doesn’t agree with RE and so much more.
“Being respectful, doing your research, and never ever be in a position where you need them more than they need you can really help you get comfortable with negotiating.” - Gary Grewal
“Asking yourself the reason why you want to pursue FIRE, what it’s going to enable you to do and then designing your life around your values and eventually you will get there.” - Gary Grewal
What You Will Learn From This Episode
- What is a CFP and how they help people with their finances
- When you should seek a CFP’s help and what does the first session looks like
- Why negotiate and tips on how to negotiate
- Things you need to know about FIRE (Financial Independence Retire Early) and how to avoid being miserable trying to reach it
- Barista FIRE and Fat FIRE and how to set/figure out your FIRE number
- What is the 4% withdrawal rule - is it a good rule to follow?
- Don’t compare yourself to others, you have your own journey
- Why Gary doesn’t agree with RE (Retire Early)
- How to find purpose in your money
- Financial tips for the new year
About Gary Grewal:
Gary Grewal is a CFP and author of Financial Fives: The Top 325 Ways to Save, Earn, and Thrive to Retire Before 65. He started a career in financial planning because he feels that personal finance knowledge can truly change the direction of someone's life in a drastic, positive manner. He has started two businesses, bought and sold 7 different cars, and negotiated almost everything while becoming more involved with volunteering and philanthropy.
Resources:
Resources include affiliate links which support the website and podcast
- Financial Fives: The Top 325 Ways to Save, Earn, and Thrive to Retire Before 65 by Gary Grewal
- FIRE Movement
- I Will Teach You To Be Rich podcast by Ramit Sethi
- I Will Teach You To Be Rich by Ramit Sethi
- Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence by Vicki Robin and Joe Dominguez
- The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich by David Bach
Connect with Gary
- financialfives.com
Connect with Melanie
- mentalhealthandwealth.com
- melanielockert.com
- Contact: mentalhealthandwealthshow@gmail.com
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