What does love have to do with money and investing? In this episode we’re joined by best-selling author and money management advisor Kim Curtis, who breaks down the relationship between love and money. Kim is also a speaker as well as President and CEO of Wealth Legacy Institute Inc.
Kim is proud to have created a firm where she can truly put her clients first, bringing the alignment she needs to feel true joy in her work. For Kim, how you deal with money says a lot about how you deal with life, and she’s passionate about helping her clients find a balance.
On this episode of the Live. Love. Engage. podcast:
- Kim’s professional background and how she ended up working in the money industry.
- What made Kim realize she was out of alignment with herself.
- Why women have been left in the dark about investing and trading.
- The language around money that appeals to women.
- How having peace of mind helps you with the vision for your life.
- What Kim has noticed about the women she works with.
- Why your relationship with money starts on the inside.
- The part of Kim’s money story she had to unpack.
- The moment that changed the trajectory of her journey.
- Why self-love is important to your relationship with money.
- The two laws of money.
- Kim’s biggest lesson as an entrepreneur.
- What inspires her to do the work she does every day.
- The money strategy she doesn’t believe in and why.
- The biggest reason people fail financially.
- Red flags to watch out for when looking for financial advice.
Connect with Kim
Kim’s website: https://www.wealthlegacyinstitute.com/
Kim’s money book: Money Secrets: Keys to Smart Investing
Kim’s retirement book: Retirement Secrets: Keys to Retiring Happy, Healthy & Free
*FYI – I get commissions for purchases made through links in this post.
- Join the Live. Love. Engage. Community
- Intuitive Business Coaching
- The Live. Love. Engage. Book
- Support the Podcast with BuyMeACoffee.com
You’re listening to the live love engage podcast. On today’s show, what love has to do with money and investing. Stay tuned. I am Gloria Grace Rand, founder of the love method and author of the number one, Amazon Best seller, Live. Love. Engage. – how to stop doubting yourself and start being yourself. In this podcast, we share practical advice from a spiritual perspective on how to live fully love, deeply and engage authentically so you can create a life and business with more impact, influence and income. Welcome to live love, engage.
Namaste and welcome. Welcome again to another episode of live. Love. engage. And I am really excited about our guest today because we’ve been having a discussion before we even got started recording today.
And, and it’s just sparking new ideas of, of originally I had one idea of where to take this, but now I’m thinking maybe a different idea of where to take our conversation. So, first off I wanna welcome Kim Curtis to Live. Love. Engage. Thank you, Gloria. Appreciate being here. Well, I am really excited to, as I said to talk with you because Kim is a money person.
She is a bestselling author of money secrets, and a nationally recognized wealth management advisor and speaker, president, and CEO of wealth legacy Institute. And she’s been profiled in several publications, including the wall street journal and what I really find refreshing and also inspiring is the fact that you are a woman in the financial arena because I was doing some research.
And then you actually pointed out to me as well. Cause I was curious to know. It’s a male dominated industry. And I was wondering just what the percentage of women are and and it’s pretty small. So I, I’m gonna let you elaborate on that in a second and also just tell us then why, what, what sort of drove you, to be able to get into the business you’re in, the business of money.
The business of money. I love that. I love that, you know, it’s such an interesting. Journey that I had because I also have a legal background. Oh, okay. And so, and that’s what moved me out to Colorado to go to law school in Denver, from New York and I’ve stayed. so when I think about.
My legal background, which is more negotiation, mediation, arbitration. And back in the day, that was really an up-and-coming industry of alternatives to the courthouse. So, I moved to salt lake to open up a salt lake city office. I was the youngest regional vice president in the country, and I became more of a spokesperson for the cause.
And not doing settlement conferences and, pre-hearing conferences. And so I had a friend that was an HR person that put me through a battery of tests and what came up for my next next was finance. I love it and financial planning. So I moved back to Denver and I thought, oh my goodness, this is such an easy peasy career for me in three to five years, I’m gonna knock it out of the park, you know, be successful, do great things.
Cuz remember I was at regional vice president by the time I was 30 and then I was like, okay, five to seven. No, no, no. Oh seven to 10 years. I will figure out this journey. Candidly. It took me really that long. it took me that long. And what happened is one day when you get a financial statement, your, your investment account on the back, back then was eight pages.
But, but two, two to a page of very tiny, tiny, tiny print of disclosures. And I finally read it. A legal background, I should read this stuff and I finally read it and I’ll never forget the emotion I had upon reading it. I, all of a sudden realized that I was not a fiduciary that put clients’ interest first at all times, and worked for the client, that I actually worked for the brokerage firm I was with.
I’ll never forget that cause as much as you wanna do your best work, you’re doing your best work, but you’re in the confines of working for the brokerage firm. Like the products that are available to you, the incentives that they give you. And it wasn’t until that time that I recognized and then realized I, I have to leave.
I am completely out of alignment with who I am as a woman, as a person. And that’s when I created wealth legacy institute. And that was easily 15 years ago. So the industry on average is about 25% women. It’s a hard field historically because of how it was structured. I basically, the environment is sales.
Historically. So unless you’re with a independent registered investment advisory firm, RIA firm, that’s the only type of firm that always puts your interest first at all times, just like a CPA. And that’s what wealth legacy Institute is. And so I’ve been in alignment ever since, always a fiduciary and creating the firm that actually has the clients first, not last, if you look at, if you kind of think of how that works and then it’s much more joy every day, you love what you’re doing, cuz you’re completely in alignment and helping people really maximize their potentials in their dreams.
I love what I do. That is, that is so interesting. I think, cuz I don’t think that many people realize the difference and, and in fact, I, I was enlightened in that as well because my husband and I have been working with a fiduciary, which he has explained to me about just exactly what you did. He says, yeah, he went through the same thing is that he was working for another company and, and, or working for a brokerage firm or something.
And, and it’s like, you know, it’s, they incentivize you to offer products and, you know, and stocks or mutual funds, but it’s really to benefit the company, not necessarily the client. And now being able to be an independent or to be that fiduciary it’s like, it really is focusing in on the client. So I love that.
That’s what you’re doing because I, I think people don’t, don’t realize it and then they get really bogged down. And I think in particular women, especially because this was something we were talking about is that, you know, so many women traditionally or, or I think the majority of women are really the spenders in, in.
In the family, I mean, women in general consumers, because that’s, you know, advertisers are always trying to appeal to women because we’re the ones controlling it. And yet at the same time, women don’t necessarily understand about investing and finance. So, I’m trying to think. What, why do you think that is?
I mean, I have an idea. I, I, I sort of know the answer to this, but why do you think women are, are not as financially savvy, I guess we could say, I think all of your listeners are saying that out loud, what you think the answer is to that because we all know what it is. it’s really been inaccessible to us in terms of the languaging of the profession.
There’s nothing about investing and trading that really excites me, even though that’s what I do, but I don’t do it and lead with that at all, because there’s not, there’s no amount of rate to return that can create an extraordinary life. And so for women, I think historically, yes, women manage the budget, the cash flow of the household in the family.
And oftentimes it’s no time, no energy, I’m spent, I’m surviving. But if you could bring that in with financial planning, take the money piece, the investment piece, bridge that with financial planning, all of a sudden the dialogue becomes much more enriching. It’s more accessible for them. Oh, oh. Like, how do I take care of my family?
Oh, oh, goal achievement. So I have choices and know where I stand that it’s not about which investments over here. It’s really about what’s the future of my family. And my spouse. And when can we step off? Because we were just in the grind, saving, saving, saving, saving for retirement and not necessarily even taking time of how do you live in retirement?
And I think that’s what our firm does really well is we recognize that that transition from saving to, to living in is big. And most people in my business stop at the, okay, you can do it the day, the day you retire. And there’s no conversation about this whole other next 30 years. Which is you finally have a chance to breathe and really have impact.
And I think, you know, that’s such a great, you know, if I, if I may, yes, share a pyramid on this, and this is I think really helpful to understand. So if we had a pyramid, like Maslow’s hierarchy of needs and at the base of that pyramid is managing money. So we, we have to have our base security needs met before we can even dream.
Right. And once our base needs are met, we begin to think of the possibilities of achieving goals. That’s the next on that pyramid as you move up and then after achieving goals, that’s that financial planning piece is, is, is peace of mind. It’s lifestyle. It’s, it’s all of a sudden, you know what your numbers are.
You have a vision of what your future, and it seems conceivably possible. So that lifestyle goal, all of a sudden allows you to breathe to then go to the top of the pyramid, which is impact. And when you have a chance to breathe and have peace of mind, it’s so much easier to think about why am I here on this planet?
What is my purpose and vision and how do I change the relationship with my spouse if I have one to make these last 30 everything that we’ve dreamed.
I love that. And I know what I wanted to ask you. And, and just to follow up with that, and maybe, I don’t know how, who you work with specifically, but do you work with women business owners? Because, and I’m wondering if there’s any special, challenge with that as well, because now we’re not only looking at being able to.
Grow our money to be able to, you know, provide for a family, but then we’re also trying to be able to manage the business as well. So what have you found in, in working with women in that respect? that we do it all, you know, that we’re overwhelmed and stressed and mentally exhausted. I try not to do that in the nature of my work as the leader and, everything that we talk about is balance and, and you can only, you can’t
Help someone else if you haven’t helped yourself. And so I, I think that as women entrepreneurs, the most important thing, if we all, we tend to think it’s the money. And if we had a million dollars, we’d be able to have choices. Right. And then all of a sudden you start to go, well, what I’m saving isn’t doesn’t seem like it’s getting me to that goal.
And then we realized, okay, well maybe instead of trying to wait for that goal to live, maybe I’ll start doing the things I love a little bit today. So maybe I’ll start reading more or doing some hobbies that are important to me, but then when you start setting time aside for yourself, you get interrupted, you know, and, and, and you can’t finish whatever it is that you started, because everyone wants something from you.
And then you realize, hopefully as we go through this journey, as you realize, you know what? I think I need to give myself more self respect and not let people interrupt me because it’s important for me to take care of myself. And once you recognize self respect and you carve out that time for yourself, all these other things as a women entrepreneur unfold for you.
Cause it really starts with the inner because. The, if you don’t take care of the inner stuff about who we are, there’s no amount of money that will ever be enough. I know that sounds like kind of existential in some weird way, but all the, any, anytime the money conversation, like I always say how you do money is how you do life.
So any money conversation ties back to who you are. And what you do. So if you put your head in the sand around money, you’re putting your head in the sand around life. Like what are the things you’re ignoring that you need to address? And I think that as women entrepreneurs, the conversation to start with is kind of what are my, what are my first money memories?
What are those first money memories? And begin to unpack some of those things, because oftentimes that money story that we tell ourselves was when we were five or six or eight or nine, whatever that is that we’re still carrying today, that doesn’t have any impact on who you are today as a 40 year old, or, you know, whatever you are in your life, in your journey and who you are today versus when you’re five or six.
Yeah, that’s, that’s so true. It, it really, I know I discovered that for myself in my own journey and, and becoming an entrepreneur and that realizing, especially sometimes I was hit, would hit like a ceiling in how much money I was making in the business. And, and, and a lot of that is just going back to some of the, the beliefs that I picked up from my parents.
And their ideas about money, their ideas about, entrepreneurship in particular, my, my mother was, did not have a high regard actually for business owners cuz the only business owner in our family was for brother and they did not get along. And so it was, I, I, that I had to really take a hard look at some of that stuff in order to be able to change my relationship with money, to be able to be more.
Successful and, and I’m still, and I’m still working on that. And I think it’s, it’s always gonna happen. I, we, we, we, we continually reset. Yeah. Like you said, we put a, a level, a ceiling on what we think is the appropriate amount of money to make and whatever that ceiling is, if we get close to it, then we back off and we don’t work as hard cuz we, this is what it, so our job is to up level, and up level.
And up level. And I say this because I had to do it for myself in my own business. And now I have a multi-million-dollar firm, but do you know how long I remember I 10, seven to 10 years, maybe I’m starting to pay for myself first, you know? So I think upleveling, know what your set point is and begin to raise it.
And, you know, Gloria, if I were to really share in my book money secrets, I tell my story. And money Secrets is a great book. It’s a very quick read, 120 pages, very accessible, no lingo. And at the end of each chapter are questions you should ask yourself or questions of financial advisors should be asking you.
It’s a really good book. Anyway, I tell my story. And in there my parents got divorced. And my mom had full custody of three teenage girls. I’m the middle of the three. And I, my mom had no skills at the time. She married early and she, we, she applied for and started to get, I got government assisted lunches, and I had to hand that red ticket every single day at lunch to the cashier for my, for my lunch.
And I would look around – shame huge. I, I could still get incredibly emotional when I think of worthiness, unworthy, shame. Not enough. My mom can’t afford my parents don’t love me. Oh, we could tell all the stories we want about all of that stuff. Yeah. So for me, I had to unpack all of that and then I defaulted on my college school loans.
So what was important to my mother, to her three daughters is to make sure you get an education because no one can take it away from you. Interesting isn’t that? So I complied, you know, all the way through law school with a huge amount of debt, not understanding any of the consequences associated with that amount of debt and in today’s dollars, that amount of debt would be equivalent to about 92,000 bucks.
Oh, wow. That’s how in debt I was back then. And so I never thought that I would have money. I thought that was for other people. And one day Gloria, I had an anonymous person put a thousand dollars down on my school loan. Oh wow. And the balance went down, not up. The fact that I even noticed it went down was shocking.
Cuz I was putting my head in the sand. Right. And I’ll never forget how that made me feel. It made me stop and think, wow. Who cares for me enough to do that? And what am I doing to myself? That’s not caring for myself like someone else did for me. And that moment of gratitude and love, I guess I’m gonna say love allowed me to feel it, to then take the time I needed for myself to show my own self love.
As it relates to money. And that was the start of when I started turning things around. So when that happened, I was, I just started in finance. I had the legal background. And so that was the start and I happened to be, I started in the industry and so it was that journey. And here I am today.
Unbelievable. That’s amazing. What a story. I, and I love how you really related to self love and, and being able to, to show yourself the love, to be able to then take care of your money. I, I don’t think we, we don’t, we don’t really think about it that way, you know, and especially because there’s so many, there’s so many, you know, crazy sayings about money and, you know, and it’s like, money’s the root of all evil, but it’s actually not it’s, that’s not the actual quote or something.
It’s like the love of money. But, but again, we still have to love money in a way. And it, because it’s, it’s really just a vehicle and it’s a, and it’s a method. We have to use money. There’s no, there’s no getting around it. Everything that we need in life. At some point we’re gonna have to pay something for, you know, the, the, the days of, I mean, yes, you can certainly barter, but even bartering is still a form of money.
I, I actually used to belong to a barter organization and they called it barter dollars. So, because that’s still what we were using. So it’s still an energy exchange. Do you know, Mark Nepo, he’s a poet I’ve heard of him. I think. Yeah. His quote is, the reason for money. So I may misquote a little bit, but the purpose of money is to help make love work.
Ooh, interesting. So you had said love money, like love money, love yourself. I, yeah. Yes, yes, yes. And yes or. Love yourself and money will follow. Yeah, exactly. Yeah. Yeah. Oh, oh actually I’m getting goosebumps on that one. I love that one. Yeah, because isn’t that the truth? Cuz if you think about the converse of that, if you don’t love yourself, how are you going to be able to help other people?
How are you gonna be able to make a living? Because you’re not showing yourself enough love to be able to do the things that are gonna help you to show up in the world to be able to be, You know of service to other people, if you’re not being feeling that way towards yourself. And so, yeah, it’s really gonna be difficult to earn any kind of a living or to be able to even receive money as well.
Right. Even, even just receiving money as a gift. So that’s a, a outstanding point because if you think about there are two laws of money. One is the human made law, which is what we talked about. The financial planning, the integration of investments, risk tolerance, you name it, tax minimization. The other law of money is the natural law and the natural law.
We already talked about some of these. The first is like giving and receiving to be able to give, to be able to receive, the other is cause and effect. And ebb and flow as business owners, as women when it’s ebbing, and it doesn’t feel good, right. Is when we should lean in and work on our skill set.
There’s a reason it’s ebbing just like natural law. It ebbs for us to get recharged. Re-certified re whatever it is that we need to do. So when it flows again, then we are completely ready for it. And then, you know, intention and desire. I think those are the ones that come to me naturally is, is ebb and flow cause and effect, giving and receiving.
And so if we. And you can’t have one without the other, right? Yeah, absolutely. Like you could understand natural law really well and not have any money and you could have a lot of money and be totally unhappy because you don’t understand the two laws. Yeah. And that they need to be in harmony and in balance.
Love it. Love it. I wanna learn a little bit more about you and especially about, you know, in this journey that you’ve been on. So what would you say is the biggest challenge you’ve ever had to overcome?
So many, I think as an entrepreneur is getting past myself. You could not, you know, when you work for an employer, you could have bad days and you still get paid. When you work for yourself, you have every area of opportunity of some struggle or weakness, you have to figure out how to overcome it and play to your strengths, not play to your weaknesses, play to your strengths, but you can’t ignore yourself.
So I would say for me, personally, as an entrepreneur, my biggest lesson was to know who I am and the business aspect of running a firm naturally unfolds. But I did hire coach throughout the years, as I found these flaws coming up, like managing people. Right. You know, how do you manage people? How do you, you know, oh, you have to have one on ones.
Oh, you need team meetings. You know, cuz you know, I’m great at inspiring and finding vision and being very creative. And I’m very left brain and right brain, which is so nice in the nature of my work. But yeah, I’ve had many coaches along the way to know when I can’t do it. So that would be the second.
Yeah. I thought that is so important because it’s, it’s definitely, I think the lesson that all entrepreneurs have to learn when they get started, cuz of course you get started by yourself typically. And then as you’re learning how to grow or as you’re growing, then you have to learn new skills and, or learn how to start delegating things to other people because you can’t manage it all.
And one of those is learning to be a manager because that’s not necessarily an inherent skill. Sometimes may, perhaps moms might have an advantage because we’re managing our children or, and/ or our husband, but then not necessarily too, because cuz now you’re dealing with not exactly strangers, but you’re dealing with people who you don’t have that relationship with, that familiar relationship.
And so now you’re gonna have to be, learn to be perhaps more diplomatic about how to get that you want. Yeah. We’re not with our children, right? Yeah. Hey, what, how many times. You can’t yell at them the same way. No, no, not at all. Not at all. Yeah. so, so what really gets you excited about the work you’re doing?
Ooh. I love these questions because it evolves. And I, I would have to say that I get to wake up every day and hang out with people that I care about and love – our clients, and talk about the most important things in their lives. That is extremely vulnerable. Money is vulnerable and, and life, and understanding that. I think we know more about many of our clients, than some of their adult children know about them.
and so. And to, and to enjoy their passions together, you know, to go on the back of a Harley Davidson, will I visit clients and you know, or, or to ride a horse or all these things to, to watch their joy. And be a part of that, best thing ever. And that’s what I am inspired by every day to see them live their dreams, to, to be in alignment with their purpose and their passion.
And I get to be a part of that by their glow. That’s remarkable. Yeah. Oh yes. I, I feel something similar cuz when I’m, when I’m coaching clients or even, even when I was still doing, you know, more of the copywriting work to be able to, see a client, you know, start actually getting, getting business from their website, from something I was writing or, or seeing a, seeing a client start to see possibilities in, in what they’re doing because of the work that we’ve been talk talking through is it’s so rewarding.
One of the things I, I’d also love to ask people about. And, and I think in particular, this is a good one is for someone in your industry in particular, what is, what’s a commonly held belief that you really disagree with?
There are so many money myths out there. I don’t know where to start. I, I think that wall street historically has fostered a lot of those myths around money because it perpetuated an industry. The biggest one that, that, that I don’t believe necessarily in individual investing. In stocks, that’s what our grandparents did.
Right? The technology of investing, unless you work for an employer and you have, of course the stock employee stock purchase plan and various other things. There are strategies around that, but generally to buy individual stocks, I think it, it time and money. It, it doesn’t make sense. And, and to be able to use low cost,
Indexed type investments with science, cuz there is science out there now. There’s evidence based science around investing that has been kept quiet for a long time, but it’s over 50, 60 years of data. Oh wow. And if you use science tied to that low cost indexing, tied to a financial plan, the likelihood of your success is almost guaranteed.
Because where we fail is ourselves. When the markets go down, we get fearful and we, we step off right? When the markets go up, we have greed and we want more, when we should be doing the exact opposite. When markets are down, you should be all in and stay the course. It’s not like all of a sudden you’re gonna dig up your plants and go, let’s see how these plants are doing.
You know, I wanna set ’em on the side and not let them work their again, ebb and flow of the harvest. Right. So, so I think to understand money as it should not be sexy. It should be boring. It should be tied to a financial plan that keeps you on course and to not pay attention to the money cuz the money, if you let it go and do what it needs to do will work for you.
And we are the biggest reasons why we fail financially. It’s not the capital markets, even though we blame the capital markets with all the things that are going on in the world, inflation, the Fed policy, interest rates. It’s not about that at all. Cause that’s ebb and flow. I just stopped. I could keep, oh my, I could keep going. I had to stop myself. Oh my gosh!
If there was one thing that you could do to actually change the industry, what, what would that be?
The industry started out in sales as we discussed it, I think it needs to be a profession. I, I think it needs to be a certified PR right now, the, the certification of certified financial planner CFP right now is that designation that you wanna make sure your person has that at a minimum. But if that were like a CPA, a true practitioner in the field, I, I think it would level the playing field versus a salesperson feeling like you’re gonna go buy a car on a, on a lot and get fleeced. Right.
Yeah, absolutely. Well, hopefully that will possibly happen. I don’t know, but, but definitely if you are out there listening or watching and, and you, and you’re wanting to get, yo do more with investing or, or to be able to start taking a better look at your money than I think that is a good idea is to, well, and actually, well, maybe you could elaborate on that.
So who, who should you look for? Because you mentioned CFP at a minimum. What, what other criteria should someone look for? You know, and again, money secrets – Keys to smart investing. My book actually outlines that whole thing. Oh, OK. Uh, it’s almost like reading that book is your protective armor. So that you could make calls cuz it’s it’s it’s like I hate to go to the dentist.
I think fi if you are gonna get help from a financial advisory firm, it’s probably like going to the dentist, it’s hard work and you wanna make sure that you really feel comfortable with the person that you’re working with. So that book again is the armor that allows you to make these calls meet with different people, learn the style.
What’s their investment philosophy. Is it in alignment with yours? Do they do financial planning? How is it tied together? And then most importantly, do you have… Do you feel comfortable with that person? Can you have an intimate conversation that doesn’t allow you to feel, like that you don’t trust them?
Right. Yeah. You wanna make sure that, would you hang out with this person, even though they’re doing the money job and the investment job and the financial planning job, do you like them as a person? And are they in alignment with what you believe? So that those are the things, but it’s, I, I call ’em the C’s: charisma, competence, you know, all of those things, CFP, that, that I outline in the book and in the last chapter is how to fire your advisor.
Mm. Yeah. What, what, what. What would make someone want to, or need either want or need to be able to do that? Because what I mean, obviously, you know, if your, if your investments are losing money, but is there, is there anything else, like, you know, a red flag maybe that you should be, you know, watching out for? If you continually have a pit in your stomach, when they’re suggesting you buy something – trust, trust it. Trust it. Obviously when we need disability insurance or life insurance, there are moments in our period of time that we need those products.
But the overall advice collectively should not be product driven at all. The, the person you hire should have no investment of whether you choose to buy it or not buy it. There’s nothing to sell. They don’t sell anything. So, so that’s, that’s probably part of that answer. I appreciate that. Yeah. Cuz it’s it’s, it can be daunting, I think, for someone to, to start getting involved in that.
And, and like I say, I think especially, for women, because I think traditionally we, we still are not that, haven’t really… We, we oftentimes will leave it to like our spouse, unless life circumstances change. And we, and now we’re suddenly single again or something. And then we’re having to, especially if this happens later in life and now you’ve gotta start paying attention to this thing.
But, but it is, it is interesting that, that we’re not doing enough of it and we really need to, so women out there, pay attention. Don’t just, you know, life circumstances happen. And even if you’ve got the most happy marriage, you have a right to decide where your money’s going to. And so I would encourage you to have conversations with, with your spouse, spouse. The outcomes are better.
Yeah. The outcomes are better when you’re engaged. Yeah. If you leave the investing to your spouse, your spouse doesn’t know what they’re doing. And honestly, it’s stressful for them. Because they’re pretending more often than not, or they think they know more than maybe they possibly know. So I would suggest do not, do not leave that burden on your spouse and get engaged because once you’re engaged in the conversation, all of a sudden it to goes to financial planning, not investing, investing remember should be boring.
And so when you put it together to your goals, joint goals, then all of a sudden beautiful things unfold. And all of a sudden you’re on the same page and you’re having conversations that are not nagging about spending this or not taking this vacation. They’re collaborative. And that’s a game changer for many couples.
The first time they bring someone in, a financial advisor, that is the number one thing they share is that for the first time they’re on the same page and they have a track to run on together. That’s so important. It really is so important because if, if, if you’re not, then it’s just gonna be more recipe for strife and stress and, and, and then nobody’s gonna be happy.
So you, you. And women are better. Statistically, the research shows that women do better on investing and planning than men because they, they are more patient for the long term to unfold. Yes. I’ve, I’ve seen this happen. Yes. So embrace it. With yes. With, with, especially, you know, with friends and, and it’s like, you know, the, the, you know, the husband, you know, panics at, you know, the market’s turning.
I was like, oh my God, we gotta go to cash now. And it’s like, and then, and then they miss the run, you know, when it goes back up again, because they, so you don’t wanna exit the market. And remember that the media. It’s almost like financial pornography. If I were to just, just call it out. They want you to be afraid.
They want you to stay focused on their station. They want you to continue to lean in and listen, when you know, Warren Buffet once said that if I didn’t know anything that was going on in the world for two years, I’d be okay. It’s irrelevant. Yeah. So that’s true. So if you, you know, that like, oh my God, the world’s falling to an end.
We’re starting to go, oh, are we about to go into a recession? Maybe? You don’t change anything. Yeah. But people in sales will want you to believe that you need to change a lot. Yeah. And, and, and I think, I just wanna point out, maybe it’s not that you’re also saying you’re not gonna change anything.
There may be some little tweaks. Yes. That you might make. Thank you for that clarity, but probably the, the overall vision is probably, should be kept intact as opposed to just totally, you know, changing course and, and pulling everything. Right. That’s a good clarification. Minor course corrections along the way, but your vision doesn’t change yeah.
Or your goals. Yeah, that’s awesome. Good clarity. Appreciate that. Now you, you mentioned your book, a couple times, so where can people get that? And is it on Amazon, on your website or? Yes, on Amazon. So there’s also a second book, retirement secrets, keys to retiring, happy, healthy, and free. So the money secrets is how do you get to retirement?
You know, how do you get that armor so that you could actually navigate and ask yourself the right questions? And then the retirement secrets is the day you retire. It’s more of a lifestyle book. So you could have all the money in the world and have a failed retirement. What does a successful retirement look like?
And I love this book cuz it has a lot of client stories in it. Awesome. That we can all relate to, as we, that we’ve heard or we know somebody that has gone through this. So that’s what the second book is. And Amazon is where you can pick both of those up. Okay. Awesome. And I would, I would think that even if you’re still, you know, 10, 20 years away from retirement, it’s probably a good idea to still pick up that book now be so that you can be prepared even, even just, mindset wise and, and. Or to send to your parents to help them.
If you’re wondering why they’re struggling, guess what the book will answer that for them and give them tools OK. To navigate through it. OK. Cause there’s a lot, one of the, one of the chapters in there is really the questions to add. Like if your spouse wants to retire and you’re not ready. How do you have that conversation of being on different pages?
How do you communicate through retirement? When all of a sudden you really didn’t have a great relationship and now they’re gonna be with you 24/7. That’s really frightening to a lot of people, particularly women. I’m just like calling it out. Yes. You know, or they have no friends and you’re their social calendar.
How do you help them get past that? That you’re not all of a sudden more burdened by the choices that they made without you having much decision making in that. Yeah. So that’s why it’s so important to stay involved in the money conversation and the financial planning conversation so that you have a voice.
Yeah, absolutely. Oh, thank you so much. You have just shared so much good information today and I, I hope everyone has gotten tremendous value out of it. And if someone wants to learn a little bit more about your, your company and, and the services that you offer, where’s the best place for them to go? Yes.
Thank you. wealth legacy institute.com wealth legacy Institute dot com. Well, I will have that in the show notes for those of you who are listening and don’t have a, a pen handy, if you’re driving or what, what have you. So I will make sure that you go to live love, engage podcast.com, and you’ll be able to get all that information.
So thank you again for being with us today, Kim, it was a real pleasure and joy to have you on a show. And I appreciate all of the wonderful information you shared with our audience. Thank you, a lot of fun. And thank all of you for watching and for listening. I really do appreciate all of you as well.
And I encourage you if again, if you did get some value out of this today to share this episode with a friend and, and introduce them to live love engage, that would be wonderful. And I would so appreciate it. And until next time as always, I encourage you to go out and live fully, love deeply and engage authentically.
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