Nov 21, 2023
Join Wade today as he navigates the age-old debate: Is the tool more valuable than the mastery of the craft? He explores the financial industry's obsession with product design and emphasizes the importance of knowledge and effective tool use. Tune in to empower yourself with financial wisdom and discipline, focusing on building your financial future step by step.
Episode Highlights
00:51 What carpentry analogy means
01:10 Criticism towards the people in the industry focusing on
selling the tools instead of teaching methodologies and skills.
01:43 The need for empowering people to become their own
bankers
02:59 The concept related to sports, specifically golf
04:33 Gaining knowledge and understanding rather than just
purchasing a product
05:21 Importance of focusing, process, and understanding on
savings, as opposed to only focusing on the tools
06:07 Sage Wealth, the focus on developing financial knowledge, and
the use of financial tools
06:21 How to use a tool over the actual tool or product design
06:51 Importance of discussion and strategizing in financial
decisions
07:55 To engage in conversations with financial advisors and to
challenge them
08:18 Necessity of taking action along with education for effective
financial management.
Episode Resources
- Connect with Wade Borth
- https://www.sagewealthstrategy.com/
- wade@sagewealthstrategy.com