“Most great fortunes are built slowly. They are based on the principle of compound interest.” – Brian Tracy I could go on and on all day with quotes about compound interest but hopefully, you understand how powerful compound interest truly is, and if you believe in it, your goal should be to allow your money to stay invested for as…
1. Taylor King – Be Uniquely You Listen on Spotify Listen on Apple Podcasts 2. Austen Allred – Betting On Yourself And Merging Your Interests Into A Business That Changes Lives Listen on Spotify Listen on Apple Podcasts 3. Andy Slye: Becoming A Debt Free Millionaire By 31 Listen on Spotify Listen on Apple Podcasts 4. Tyrone Ross Jr.: Hard…
“I don’t like to gamble, but if there’s one thing I’m willing to bet on, it’s myself” – Beyonce “Bet On Yourself” – Fred Vanvleet I don’t have a success story quite like these two, but as I look back on this last year at RLS Wealth, these quotes stick out to me. This next week marks 1 year since…
Companies often look for opportunities to incentivize and pay their employees in other ways than just cash. Stock compensation is one of the most popular ways to do this. This past week, I was working on a plan for a client at Eli Lilly, and since so many people from Butler and Indianapolis work at Eli Lilly, I thought I…
Learning how to manage your cash flow is essential to your financial success and it all starts with giving every dollar a purpose. It is always so interesting to see people’s reactions when I tell them this. They think I am going to tell them to create an excel spreadsheet and track Every. Single. Dollar. Every. Single. Month. This is…
When thinking about your financial future and creating a financial plan, there are some numbers that you really need to know. What I have come to realize is that very few people (especially millennials) know the important financial numbers in their life. So here is a list of the most important personal financial numbers you should know: 1. Net Worth…
“A Goal without a Plan is Just a Wish.” – Antoine de Saint-Exupéry I have heard this saying over and over the past few years but never really knew where it came from until this week. This phrase was first seen in a book called Le Petit Prince, written by Antoine in the 1940s. In this book, he shares many…
Let’s go back in time ten to twenty years ago when you were in grade school. Do you remember being assigned those random school projects that somehow all seemed like they were the hardest project you’d ever had? Even though you said those very same words about the last project you did as well? Yeah, me too. For me, the…
This week I wanted to share some of the different financial technologies that help make my life and many of my clients’ lives easier. I know this list doesn’t include every quality option out there, but this list includes technologies I personally have experience with. I am always looking to find new ones, so if you have any that you…
Something that has been on mind a lot lately is the idea of building wealth and how exactly to go about doing that. It feels like almost every day that I have a different friend reaching out to me and asking whether they should invest in Bitcoin, rental properties,Tesla, and the list goes on and on. My answer is always…