About This Show
Take control of your finances and embrace life without worrying about money.
Wealth building is simple, if you’re doing it right. But in today’s world, it’s easy to get overwhelmed by everything competing for your time and attention. The goal of this podcast is to help you craft a simple plan that truly fits your situation and allows you to achieve financial freedom.
What does financial freedom mean? In IRC Wealth CEO David Ragland's best-selling book Wealth Made Simple (yes, really), he defines financial freedom as no longer having to worry about money. Having true freedom means you are in control of your finances and making your own decisions.
The result: financial security, peace of mind, and the confidence to embrace life and the future with optimism.
We lead by example, following the same investment strategies and principles that we advise others. Behind every financial plan are our four principles:
1) Eliminate debt by creating a system for paying off credit cards and other liabilities
2) Increase savings through retirement plans and a diversified portfolio
3) Reduce risk through life choices and by preparing for the unexpected
4) Build a cash safety net so you’re prepared for unforeseen situations
Achieving your goals, from early retirement to selling a business
Everyone’s situation is different; what it takes for you to be financially independent is unique to you. You work hard, you’ve done well and you’re motivated to reach your goals, whether it’s early retirement or selling your business. We want to help you define what it means to be financially independent and help you get there.
Most Recent Episode
Managing the financial impact of divorce on children with Amanda Dempsey
Money is usually factor #1 or #2 when couples divorce. Combine money conflicts with negotiating what’s best for your children and it becomes even more complex, especially when emotions are running high and you’re making difficult decisions. Is there a way to do things right, make sure everyone’s needs are met, and still preserve family ties post divorce? How do you gain clarity around your finances and the role they play in your ongoing parenting plan?
In this IRC WealthCast, we discuss tips to ensure that the financial impact of divorce takes into account everyone in the family and, hopefully, has the least impact on your children.
In this podcast, you will learn how:
• A well thought out financial agreement benefits everyone in the family
• To recognize strictly financial decisions vs. emotional decisions that relate to finances and the difference between the two
• Financial decisions are grown up decisions: What does that mean?
• Important prioritizing your children is when it comes to the finances
• To find stability while also managing the unknowns
During separation and divorce, children start to feel unstable. From the beginning, kids often ask questions that are concrete in nature and often deal with finances: “Will we have to move?” “Will I change schools?” “Will I still play my favorite sport?” The underlying theme in most of these conversations is change; they want to know if their everyday lifestyle will change.
The truth is that it is hard for parents to promise or predict the answers, especially before the financial details have been ironed out. This is where it is helpful to have a team of professionals to rely on. Therapy can help you work through the fear and uncertainty that you and your kids might be feeling, while you make concrete financial decisions with a financial planner.
Tune in and learn from the expert.