In this episode, Dustin discusses financial strategy and efficiency. He emphasizes the importance of having a plan and monitoring progress toward financial goals. He shares a personal story about achieving a financial goal by laying out a spending accelerator and monitoring progress.
He suggests taking at least one hour a year to lay out a financial plan and meet with an advisor if necessary. He adds that it's important to have a big-picture goal in mind and regularly assess progress toward that goal. Dustin also discusses the concept of a law corporation and holding company for financial management.
The 3 POWS of this episode:
Regularly assess progress toward your goals.
Meet with your financial advisors as often as you need.
You can make big financial decisions a reality with proper planning.