Podcast #28: Brian Boyd reveals 5 things the wealthy understand about money

​We talk a lot about real estate and home loans in this podcast, but no matter how much you earn this year, properly managing your money is paramount.
 
We owe that to our families, our children, and ourselves.
​
Unfortunately, we’re not doing that so well collectively.

• In fact, the US personal savings rate is near all-time lows, 
• The average person is woefully unprepared for retirement, yet alone comfortable paying for college or even healthcare.
• And many of us are living paycheck-to-paycheck (especially these days).
• I read a stat recently that if you have $10 in your pocket and $0 in debt, you’re better off financially than 40% of Americans. 

 
That’s scary! And just because you make well into six figures as a Realtor, loan officer, or small business owner, it doesn’t mean immune from financial worries. We all should be investing in education and planning for a better financial future.
 
So, today I’m enlisting the help of one of the premier financial planners to do just that: Brian Boyd.
 
Brian, who also happens to be a great friend of mine from when I lived in Sacramento, Ca, is the founder and principal of Boyd Wealth Management, an elite financial planning firm that deals with high net worth individuals.
 
I know…there are a lot of great financial planners out there (in their own estimation), but I’ll tell you what makes Brian different:
 
He operates on an extremely high level on behalf of his circle of clients, but still believes in transparency and simplicity. 
 
It was Albert Einstein who said that the mark of true genius is being able to take a very complex topic and explain it simply (I’m paraphrasing), and Brian manages to do that with aplomb.
 
So, I was thrilled and honored that he took a couple of hours out of his bustling schedule to jump on the podcast and offer some sage wisdom about what his wealthy clients understand about money and finances that the average person may not.
 
We could all tighten up our knowledge, planning, and discipline when it comes to investing and managing our finances, and you’ll be closer to that goal just by listing to Brian’s wisdom.
 
Enjoy - and feel free to check out Brian by subscribing to his insightful financial newsletter by clicking here.
 
Your friend,
Norm  :-)

The Boyd Wealth Management investment philosophy:
 

• Our Investment Philosophy·       
• We believe a disciplined, well-defined process leads to favorable investment outcomes over time
• We believe in diversification and will create a fully customized asset allocation based on your individual risk tolerance, goals, time horizon, and tax situation
• We use evidence-based security selection and portfolio rebalancing to remove emotion from the decision-making process
• We create investment strategies with a sharp eye toward tax efficiency
• We believe investor behavior plays a critical role in determining long-term investment outcomes and thus act as a partner to see you through the normal ups and downs of any investment portfolio