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Indhold leveret af Econologics Financial Advisors. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Econologics Financial Advisors eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
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Matt Deseno is the founder of multiple award winning marketing businesses ranging from a attraction marketing to AI appointment setting to customer user experience. When he’s not working on the businesses he teaches marketing at Pepperdine University and he also teaches other marketing agency owners how they created a software company to triple the profitability for the agency. Our Sponsors: * Check out Kinsta: https://kinsta.com * Check out Mint Mobile: https://mintmobile.com/tmf * Check out Moorings: https://moorings.com * Check out Trust & Will: https://trustandwill.com/TRAVIS * Check out Warby Parker: https://warbyparker.com/travis Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy…
Indhold leveret af Econologics Financial Advisors. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Econologics Financial Advisors eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
The Financial Beast Podcast for Practice owners is designed for practice owners to get vital info on financial matters that concern them both personally and professionally. Additional to help them get into ”Financial Beast” mode and stay there so they can achieve all of their financial goals. A financial beast is debt free, protected, invested and set for life!
Indhold leveret af Econologics Financial Advisors. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Econologics Financial Advisors eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
The Financial Beast Podcast for Practice owners is designed for practice owners to get vital info on financial matters that concern them both personally and professionally. Additional to help them get into ”Financial Beast” mode and stay there so they can achieve all of their financial goals. A financial beast is debt free, protected, invested and set for life!
Are you ready to expand your practice and take control of your financial future? In this episode, we outline the 7 key signs every healthcare practice owner must know before making the leap into expansion. It's not just about growth—it's about expanding the smart way, without stress, financial strain, or setbacks. Learn how to maximize the value of your current practice, build personal wealth, and set yourself up for financial freedom. Expansion is a critical decision for practice owners. Are you operating at max capacity? Do you have the reserves, systems, and team to support growth? What about your hiring strategies, organizational structure, and marketing plan? Eric Miller and the Econologics Financial Advisors team walk you through these essential indicators so you can expand with confidence and control. It's time to become a Financial Beast and take back control of your future! Econologics Financial Advisors specializes in wealth-building strategies tailored for healthcare practice owners. Our advice is rooted in years of experience helping professionals like you achieve success. Start building your financial freedom today! Visit Econologics Financial Advisors for resources, assessments, and tools to help you prepare for expansion. Don’t wait—your journey to becoming a Financial Beast starts here! Share this episode with a colleague and take the first step toward owning your financial destiny. #healthcaremarketing #financialgoals #budgeting #healthcaremarketingplan #financialplanningmistakes CHAPTERS: 00:00 - Intro 02:02 - Business Expansion Strategies 09:05 - Building Business Reserves 11:27 - Understanding Business Debt 12:48 - Hiring and Training Systems 13:42 - Creating an Organizational Chart 15:21 - Ensuring Legal Compliance 19:00 - Developing a Marketing Plan 21:30 - Practice Expansion Checklist 21:45 - Getting Started with Financial Planning 21:59 - Free Financial Plan Review 22:09 - Accessing the Practice Expansion Checklist _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Ready to take back CONTROL of your practice and skyrocket associate productivity? In this video, we reveal five powerful strategies to maximize the value of your associates' contributions, helping you expand your business while aligning their goals with your vision for financial freedom. As a practice owner, your success depends on building a productive team, and we’re here to show you how to set clear expectations, boost confidence, and remove barriers to performance. From tracking revenue per employee to implementing delegation and speed strategies, these tips will empower you to inspire your team, increase profitability, and achieve your financial goals. Learn how to craft a bonus system that motivates your associates and connect their production to their personal financial aspirations—because when your team wins, you win. At Econologics Financial Advisors, LLC (‘EFA’), we specialize in helping healthcare practice owners like you become Financial Beasts, even in uncertain times. Our proven methods provide the education and tools you need to succeed. Take the first step toward financial freedom and start maximizing your wealth-building potential today! Subscribe now for more expert advice tailored to practice owners, and don’t miss out on the opportunity to expand your business with confidence. Let’s make 2025 the year you take control and thrive! Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist. #financialplanningforbusinessowners #increaserevenue #selfstorageinvesting #productivity #howtoincreaserevenueinyourbusiness CHAPTERS: 00:00 - Intro 01:53 - Eric's New Year's Eve Celebration 02:41 - Revenue per Employee Analysis 06:15 - Production Goals for Vet Associates 09:18 - Production Expectations for Physical Therapists 10:24 - Optometrist Production Standards 11:02 - Dentist Production Requirements 12:40 - Challenges for Owners in Associate Production 13:16 - Building Confidence in Associates 16:34 - Importance of Delegation for Associates 19:00 - Strategies to Increase Associate Speed 22:27 - Implementing Bonus Systems for Associates 23:17 - Financial Planning Strategies for Associates 25:09 - New Year Wishes and Reflections _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Ready to take control of your financial future and build the wealth you deserve? In this episode, we break down the 8 KPIs every practice owner must track to achieve financial freedom and maximize the value of your business. These game-changing key performance indicators will help you measure progress, cut through distractions, and focus on what truly moves the needle in your household and practice finances. From business growth rate to personal savings, effective tax rates, and creating passive income, these steps are your blueprint to becoming a Financial Beast. Discover how to save 7-10% of your revenue weekly, pay off personal debt in 5-7 years, and achieve a 20%+ profit margin in your practice. Learn actionable strategies to ensure your business and personal wealth are aligned for long-term success. Whether you're expanding your business or building a solid foundation for financial independence, these KPIs are essential tools for your journey. At Econologics Financial Advisors, LLC (‘EFA’), we specialize in helping healthcare practice owners like you take back control of their financial destiny. With proven systems and expert advice, we’ll guide you toward measurable success. Start your wealth-building journey today and turn your practice into a wealth-building machine! Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist. #capitaloptimization #kpi #performancemanagement #financialstabilityboard #budgeting CHAPTERS: 00:00 - Intro 02:13 - Critiquing Financial Influencers 09:48 - Business Growth Rate Strategies 11:20 - Saving Guidelines for Success 12:39 - Systematizing Profit Taking 13:22 - Paying Off Personal Debt Effectively 15:36 - Understanding Your Effective Tax Rate 18:06 - Importance of Business Reserves 20:46 - Building Passive Income Assets 22:30 - Analyzing Profit Margin in Business 24:45 - Household Earned Income Insights 26:55 - Recap of 10 Key Performance Indicators 27:44 - See You Next Time _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Are you ready to build wealth the RIGHT way as a practice owner? Say goodbye to generic advice and take back CONTROL of your financial future with proven strategies tailored to your unique needs. In this episode, we break down the myths around financial advice and empower you to maximize the value of your business while building personal wealth the smart way. Stop following one-size-fits-all advice from influencers who don’t understand your journey as a healthcare practice owner. Learn how to focus on strategies that lead to true financial freedom and long-term success. At Econologics Financial Advisors, LLC (‘EFA’), we specialize in helping practice owners like you become Financial Beasts by creating a system that works for your business and personal goals. Whether it’s optimizing your income, minimizing taxes, or building a recession-proof strategy, this video gives you the tools you need to take control and expand your business with confidence. Don’t leave your financial success to chance! Consult with experts who understand your industry and can guide you every step of the way. Remember, this advice is general and educational—always consult your own professionals for personalized planning. Your financial freedom starts with the right plan. Watch now and take the first step toward mastering your wealth-building journey! Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist. #financialadvisorpracticemanagement #financialobstacles #howtogetmoreclientsasafinancialadvisor #budgeting #retirementplanning CHAPTERS: 00:00 - Intro 02:22 - Financial Influencers 07:35 - Financial Advisors: Stocks and Mutual Funds 10:28 - Financial Advisors: Retirement Accounts 12:58 - Financial Influencers 17:00 - Legacy Financial Institutions 18:55 - Nefarious Financial Advice 22:25 - Know What You Own in Investments 24:41 - Avoid $200k Coaching Programs 25:20 - The Broad Definition of "Financial Advisor" 26:51 - Finding an Advisor for Your Industry 28:10 - Avoid $100k Coaching Programs 29:10 - Final Thoughts _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Discover the truth about cash value life insurance policies - are they a smart wealth-building strategy or a financial trap? In this comprehensive guide, we break down the pros and cons of using life insurance as a wealth storage vehicle for business owners and professionals. Learn how to properly structure and utilize cash value life insurance to build long-term wealth, including when (and when not) to tap into your policy's cash value. We explore real-world examples of both successful and problematic uses of these policies, from business expansion to emergency funds. Key topics covered: - How cash value life insurance fits into a comprehensive wealth-building strategy - Smart ways to leverage policy loans for business growth and investments - Common mistakes to avoid when using life insurance as a wealth storage vehicle - The truth about different policy types and their benefits - Warning signs of improper policy usage that could harm your financial future Whether you're considering cash value life insurance or already have a policy, this video provides crucial insights to help you make informed decisions about your financial future. Perfect for business owners, professionals, and anyone interested in building long-term wealth through strategic financial planning. This straightforward discussion cuts through industry debates to deliver practical, actionable advice on using cash value life insurance as part of your wealth-building strategy. Learn how to protect your assets while creating opportunities for growth and financial security. Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist. #financialplanningforbusinessowners #financialeducation #dividendinvesting #lifeinsurance #financialgoals CHAPTERS: 00:00 - Intro 02:08 - Investment Strategies 05:00 - Cash Value Life Insurance Benefits 10:15 - Understanding Policy Loans 13:08 - Effective Use of Life Insurance Loans 19:58 - Life Insurance for Home Purchase 22:56 - Advantages of Cash Value Life Insurance 24:32 - Life Insurance for Business Protection 24:53 - Conclusion and Final Thoughts _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Discover the 7 essential solvency secrets that can transform your practice's financial health and secure your future. As a practice owner, understanding and implementing these proven solvency strategies isn't just important - it's critical for your long-term success and financial freedom. In this powerful episode, we break down the exact steps you need to take to ensure your practice maintains strong financial health. You'll learn why most practices are technically insolvent (even if they're paying their bills), and more importantly, how to fix it. From establishing weekly financial review habits to understanding your true make-break numbers, these practical solutions will help you build a more profitable and sustainable practice. Learn game-changing strategies including: - How to properly review your finances for maximum impact - Setting correct income targets that actually work - Smart delegation of financial responsibilities - The crucial difference between expenses and investments - Creating effective collection systems - Responding to revenue dips the right way - Understanding your true make-break point Whether you're struggling with cash flow or looking to strengthen your practice's financial foundation, these proven solvency solutions will help you take control of your financial future. Stop just surviving and start thriving with these essential financial management strategies every practice owner must know. Perfect for veterinarians, healthcare practitioners, and professional service business owners who want to build lasting wealth through their practice. Take the first step toward true financial independence by mastering these fundamental solvency principles. Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist. #frugalliving #practicemanagement #financialeducation #patientpayment #patientpayments CHAPTERS: 00:00 - Intro 01:45 - What's New with Eric 06:47 - Solvency Solution 1: Weekly Finance Review 08:19 - Solvency Solution 2: Setting Income Targets 13:09 - Delegation Strategies 17:24 - Expense vs. Investment: Key Differences 20:44 - Effective Receivables Collection System 22:30 - Addressing Revenue Dips Promptly 24:00 - Review Your Finances 25:05 - Understanding and Tracking Your Make-Break Number 27:30 - 7 Essential Steps to Stay Solvent _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Don't let 2024 slip away without maximizing your financial potential. Take control of your practice's finances NOW! This video reveals 8 CRITICAL year-end strategies that will skyrocket your practice's success. From price increases to tax-saving moves, we've got you covered. Don't miss out on these game-changing tips that could save you thousands! Eric Miller and Eric Gersch, financial gurus for practice owners, break down essential planning strategies you NEED to implement before the ball drops. Learn how to: • Boost your profits with smart price adjustments • Maximize tax benefits with last-minute contributions • Set targets that will explode your revenue in 2025 • Avoid costly penalties with new compliance requirements Plus, discover the SECRET to building personal wealth through your practice that most owners overlook! This isn't just advice – it's your roadmap to financial freedom. Whether you're a dentist, chiropractor, or any healthcare practice owner, these strategies are tailored for YOUR success. Don't wait until it's too late! Remember, knowledge is power, but action creates results. Let Econologics guide you through the complexities of practice ownership and wealth building. Our team of experts is dedicated to helping you achieve your financial goals. Ready to transform your practice and secure your financial future? Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist. #FinancialTraining #WealthBuilding #PracticeOwner #FinancialFreedom #YearEndPlanning #TaxStrategy #financialeducation #2025goals #financialplanningforbusinessowners #retirementplanning #financialfreedom #financialplanningchecklist #year-endfinancialplanning #yearendfinancialplanning #practiceownerchecklist #year-endchecklist CHAPTERS: 00:00 - Intro 01:30 - Year-End Checklist for Businesses 02:58 - Price Adjustment Strategies 05:01 - Increasing Rent for Profitability 07:15 - Last Minute Tax Contributions 08:35 - Profit and Loss Review 10:28 - Employee Benefits Assessment 12:10 - Tax Strategy Review 14:44 - Financial Targets for Next Year 17:00 - Beneficial Ownership Interest Compliance 21:28 - Comprehensive Year-End Checklist _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Discover the 5 retirement shocks that catch most people off guard! Drawing from years of real client experiences, Econologics Financial Advisors, LLC financial experts, Eric Miller and Eric Gersch, reveal surprising truths about life after leaving the workforce. Want to avoid the retirement pitfalls that no one talks about? This eye-opening discussion covers the unexpected challenges that emerge during retirement, including the surprising impact of boredom, financial curveballs, and spending patterns that catch even the most prepared retirees off guard. Learn why many retirees spend more in their first two years than they ever anticipated, and why having guaranteed income becomes critically important for peace of mind. Our experts share authentic stories from their wealth management practice, offering practical insights on how to prepare for these often-overlooked retirement challenges. From managing unexpected major expenses to finding purpose beyond work, this conversation tackles the real issues that impact your retirement satisfaction. Whether you're planning to retire in 5 years or 25 years, understanding these potential shocks now could save you significant stress and financial worry later. Ready to prepare for a more secure retirement? This essential guide will help you avoid common retirement planning mistakes and build a more robust financial strategy. Perfect for anyone wondering if they're truly prepared for the retirement reality that awaits them. Don't let these retirement shocks catch you unprepared. Watch now to learn how to protect your financial future and create the retirement lifestyle you've always dreamed about. #navigatingretirement #preparingforunexpectedexpenses #financialeducation #surpriseexpenses #debtfree #financialeducation #retirementriskzone #maximizingretirementincome #navigatingretirement #annuitytaxes CHAPTERS: 00:00 - Intro 01:45 - Retirement Planning 10:21 - Unexpected Expenses in Retirement 17:30 - Saving Money During Retirement 20:15 - Benefits of Guaranteed Income 24:10 - Spending Down Retirement Savings 25:25 - Enjoying Life in Retirement 26:40 - Importance of Guaranteed Income _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Discover the shocking truth about bank safety and what it means for your financial security. In this eye-opening discussion, Econologics Financial Advisors, LLC's financial experts, Eric Miller and Eric Gersch, reveal critical insights about the three main types of financial institutions where most people keep their money. Did you know that on average, 25 banks fail each year in the US? Learn why traditional banks might not be as safe as you think, and understand the crucial differences between banks, investment companies, and insurance companies. This essential guide breaks down the real risks and safety measures of each institution, including FDIC insurance limits, SIPC protection, and state guarantee funds. Get insider knowledge about how these institutions actually handle your money, from bank leverage ratios to investment company operations and insurance company investment strategies. Understanding these differences could save you from devastating financial losses and help you make smarter decisions about where to keep your money. Whether you're concerned about bank safety, wondering about investment firm stability, or considering insurance companies for your wealth protection, this comprehensive breakdown provides the vital information you need to protect your financial future. Learn how each institution operates, their historical failure rates, and the safety nets available to protect your assets. Don't risk your hard-earned money without understanding these critical facts about financial institution safety. This is essential viewing for anyone serious about protecting their wealth in today's uncertain economic environment. #financialeducation #creditrisk #frugalliving #financialwisdom #riskmanagement #depositoryinstitutions #depositinstitutions #non-depositoryinstitutions #financialinstitutionsandmarketsimportantquestions #whatarefinancialinstitutions CHAPTERS: 00:00 - Intro 01:47 - Safety of Financial Institutions 02:57 - Depository Institutions Overview 03:58 - Safety of Banks Explained 04:48 - Safety of Credit Unions 05:38 - Safety of Brokerage Firms 06:28 - Safety of Insurance Companies 07:38 - Safety of Mutual Funds 08:28 - Safety of ETFs 09:18 - Safety of Annuities 10:08 - Safety of Cryptocurrency Exchanges 10:58 - Safety of Hedge Funds 11:48 - Safety of Private Equity Firms 13:58 - Investment Companies Overview 19:43 - Insurance Companies Overview 24:30 - Overview of Financial Institutions 25:02 - Outro _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Are you torn between paying off debt and investing for your future? The Truth About Debt vs Investing: You Need BOTH to Win! Discover how to take back CONTROL of your finances and build personal wealth. Eric Miller and Eric Gersch reveal the secrets to balancing debt repayment and investment strategies for healthcare professionals. You're not alone. In this eye-opening discussion, we tackle the age-old question of whether to focus on debt or investments. Spoiler alert: it's not an either-or situation! Learn how to: • Prioritize different types of debt (credit cards, student loans, mortgages) • Maximize the value of your money through strategic investing • Create a balanced approach that addresses both debt and wealth-building • Overcome the psychological burden of debt while growing your assets We break down the myths surrounding debt repayment and investment strategies, providing you with actionable insights to become a Financial Beast. Discover why focusing solely on debt or investments might be holding you back from achieving true financial freedom. This episode is packed with practical advice for healthcare practice owners looking to expand their business while managing personal finances. We explore the unique challenges you face and offer tailored solutions to help you thrive in any economic climate, including during a recession. Don't miss out on this crucial information that could transform your financial future. Ready to take your finances to the next level? Start your journey to financial independence today! Visit EconologicsFinancialAdvisors.com to schedule an intro call and download valuable resources. Join the community of healthcare professionals who are mastering their finances and building lasting wealth. Econologics Financial Advisors, LLC is a SEC Registered Investment Advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. #frugalliving #financialeducation #debttransparency #debtfree #dividendinvesting #financialeducation #debtmanagementplan #financialempowerment #masteringdebt #financialfreedom CHAPTERS: 00:00 - Intro 01:17 - Debt Repayment vs Investment Strategies 03:18 - Understanding Financial Premise 05:43 - Balancing Debt and Wealth Building 08:26 - Evaluating the Cost of Debt 09:02 - Types of Debt Healthcare Professionals Face 14:44 - Strategic Debt Repayment and Investment 22:12 - Avoiding Unnecessary Debt 23:20 - Myths of Quick Wealth Accumulation 23:30 - Risks of Get Rich Quick Schemes _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Unlock your financial potential and secure your wealth with essential asset protection strategies! Take back CONTROL of your financial destiny with insights from Eric Miller and Eric Gersch as they reveal the secrets to safeguarding your assets. Maximize the value of your hard-earned money by understanding legal frameworks, leveraging insurance, and establishing robust business entities and trusts. Building personal wealth and achieving financial freedom is within your reach, especially if you're a practice owner facing unique challenges. Become a Financial Beast by expanding your business with these powerful strategies. Econologics Financial Advisors, LLC offers educational content to help you navigate recession risks and become a savvy financial advisor for your practice. Join us in securing your financial future and ensuring your assets are protected. #bankruptcyexemptions #financialeducation #chargingorderprotection #protectassetsfromlawsuit #hideassetsfromcreditors #assetsafeguarding #homesteadexemption #equitystrippingassetprotection #riskmanagement #protectassetsfromlawsuit #AssetProtection #WealthManagement #FinancialSecurity #RiskManagement #LegalFrameworks #Insurance #Trusts #FinancialPlanning #WealthBuilding #FinancialFreedom CHAPTERS: 00:00 - Intro 01:47 - What to Do Without Me 02:38 - Understanding Asset Protection 06:38 - Assets to Protect 08:59 - Tools for Asset Protection 11:35 - State Laws on Asset Protection 12:29 - Bulletproof Asset Protection Strategies 13:21 - Importance of Insurance 16:46 - Life Insurance Explained 18:13 - Disability Insurance Overview 20:07 - Long-Term Care Insurance Insights 23:18 - Business Entities for Protection 25:54 - Cost of Asset Protection 26:36 - Timing for Asset Protection 28:12 - Recap of Asset Protection _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Unleash your potential post-election and take back CONTROL of your financial future! Elections are over, and it's time to focus on what really matters—your financial success. This episode dives deep into strategic actions every business owner should undertake now to maximize the value of their practice and build personal wealth. Discover how to navigate tariffs, inflation, and the real estate market to achieve financial freedom. Become a Financial Beast by aligning your team and expanding your business effectively. Start Your Financial Beast Training by consulting with our experts, Eric Miller and Eric Gersch, at Econologics Financial Advisors, LLC. Our wealth building courses are designed to empower practice owners like you, offering top-tier financial training to help you thrive—even in a recession. This video is your gateway to transforming challenges into opportunities, ensuring your business not only survives but thrives. Our advice is educational, aiming to provide the insight you need to steer your financial destiny with confidence. Let’s embark on this journey together towards greater financial success! #financialeducation #stockmarketnews #financialindependence #daveramsey #investorweekly #financialeducation #stockmarketnews #realestate #dividendinvesting #stockstobuy CHAPTERS: 00:00 - Intro 01:43 - Post Election Planning Strategies 11:00 - Outro 18:15 - Effective Financial Management 23:15 - Team Alignment and Collaboration 25:00 - Financial Planning for Business Associates 27:17 - Final Thoughts on Financial Decisions _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Unlock your path to financial freedom with expert guidance on avoiding common investment biases that could be hurting your returns. Take back CONTROL of your financial future by understanding the biases that influence investment choices and learning how to maximize the value of your portfolio. In this engaging discussion, Eric Miller and Eric Gersch dive into the pros and cons of stocks, bonds, insurance-based contracts, and real estate, empowering you to build personal wealth and expand your business confidently. Become a Financial Beast with our wealth-building course designed for practice owners like you. Econologics Financial Advisors, LLC. stands as a beacon of trusted financial education, dedicated to helping healthcare professionals achieve financial independence. Embrace the opportunity to control your financial destiny and navigate the recession with confidence. Transform your financial strategy with us and become the master of your future! #dividendstocks #financialeducation #dividendinvesting #behavioralinvesting #stockmarket CHAPTERS: 00:00 - Intro 03:07 - Investment Biases 10:21 - Investment Strategies: Pros and Cons 10:25 - Acquiring and Controlling Money 13:05 - Stocks and Bonds 21:20 - Insurance-Based Contracts 25:11 - Benefits of Insurance-Based Contracts 27:30 - Downsides of Insurance-Based Contracts 29:15 - Advantages of Real Estate Investment 33:05 - Final Thoughts _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Unlock the secrets to selling your practice with confidence! In this must-watch video, Eric Miller and Eric Gersch dive deep into the strategies every practice owner needs to know to avoid costly mistakes when selling their business. Discover how to take back CONTROL and maximize the value of your life's work, ensuring you build personal wealth and achieve financial freedom. Learn how to become a Financial Beast by planning ahead, understanding your reasons for selling, and navigating the negotiation process like a pro. Our experts at Econologics Financial Advisors, LLC, offer unparalleled insights tailored to the unique challenges faced by practice owners. Connect with us to learn more about our wealth-building courses and gain access to expert financial advisors who understand the healthcare industry. Become part of a community that thrives on expanding your business and securing your financial destiny. Don't wait—seize the opportunity to transform your financial future now! CHAPTERS: 00:00 - Intro 02:06 - Politics Discussion 07:26 - First Steps in Selling a Business 10:25 - Business Valuation Insights 13:56 - Post-LOI Process Explained 19:35 - Analyzing Income After Sale 24:04 - Key Takeaways Recap 28:25 - Strategic Investment Approach 31:22 - Final Thoughts on Selling _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
Unlock your financial freedom and avoid the retirement mistake most practice owners make! Dive into our expert discussion as Eric Miller and Eric Gersch reveal how to take back CONTROL of your financial destiny. Discover the key to maximizing the value of your practice, closing the wealth gap, and building personal wealth. With tailored advice from Econologics Financial Advisors, LLC, you’ll learn to become a Financial Beast, securing your future against any recession. Join us for a motivational journey that empowers you to expand your business and achieve financial independence. This video is part of our comprehensive financial training and wealth building course designed specifically for healthcare practice owners. Econologics Financial Advisors, renowned for their expertise, provide educational insights to guide you. Take the first step toward mastering your finances and securing the retirement you deserve! #navigatingretirement #retirementcashflow #maximizingretirementincome #financialreadiness #financialpreparedness CHAPTERS: 00:00 - Intro 01:51 - Catching Up 04:29 - Retirement Savings Needs 12:34 - Calculating Wealth Gap 17:12 - Increasing Business Value 23:20 - Smart Investment Strategies 24:30 - Understanding Your Wealth Gap 25:10 - Defining Your Retirement Number 28:40 - Closing the Wealth Gap _________________________________________________________________________________ If you would like a free consultation, please visit econologics.com or call us at 727-588-1540 Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/ Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.…
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