Episode description

Welcome to another engaging episode of "Let's Talk Money and More," where financial literacy meets practical advice.

Today, host Lesley Thomas sits down with financial planner TJ van Gerven to explore the intriguing world of money stories. Drawing from TJ's unique personal and professional journey, they delve into the psychology of finances, the trends shaping our economic realities, and the transformative power of strategic financial planning.

TJ shares his compelling "money story," influenced by his parents' contrasting financial backgrounds, and reveals his mission to help others wield money as a powerful tool. Together, they discuss the critical importance of living below one's means, the benefits of automated investments, and the nuanced decisions around property ownership. TJ also provides insights into his innovative approach to financial planning, leveraging technology to cater to younger clients with substantial incomes but minimal investable assets.

From understanding the implications of high-interest rates on mortgages to embracing a fixed-fee business model, TJ's forward-thinking strategies offer invaluable lessons for navigating financial challenges in today's world. Join us as TJ van Gerven unpacks these topics and more, helping us build a future of financial stability and independence.

Key Takeaways:

• Tracking and Tools: Begin by tracking your finances without changes to understand your situation, and use tools like Monarch Money to manage cash flow effectively.
• Invest with Optimism and Discipline: Consistently invest in assets by automating your investments. Maintain a disciplined approach and realistic expectations about long-term returns.
• Rethink Traditional Norms: TJ discusses the emerging trend of choosing renting over property ownership, influenced by factors like high interest rates and flexible lifestyles. Evaluate your motives for purchasing property beyond societal expectations.

Connect with T.J. van Gerven

Website modernwealthbuilders.com

Twitter @tjvanerven

Connect with Lesley Thomas

FREE Resources www.themoneyconfidenceacademy.com/resources/

My website www.themoneyconfidenceacademy.com/

Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmore

Youtube channel www.youtube.com/@themoneyconfidenceacademy

Follow me on Instagram www.instagram.com/lesleythomascoaching/

Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas

Email me lesley@themoneyconfidenceacademy.com

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