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Be Wealthy & Smart

226: Run Your Household like Family Inc.

Be Wealthy & Smart

Linda P. Jones

News, Business News, Investing, Business

4.8883 Ratings

🗓️ 8 February 2017

⏱️ 21 minutes

🧾️ Download transcript

Summary

Learn how to run your family finances like a Chief Financial Officer (CFO).

Interview with author of Family Inc., Doug McCormick.

Transcript

Click on a timestamp to play from that location

0:00.0

Be wealthy and smart, episode number 226.

0:03.6

I'm gonna live no rich life.

0:07.6

A rich life.

0:08.6

So if y'all know what I mean, put your hands up and declare with me

0:14.5

Yeah, I'm full of bad time I'm gonna live a good good life

0:21.4

I'm gonna live a good life

0:22.4

a beautiful and glorious life Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on be wealthy and

0:31.1

bosses on Be Wealth wealthy and smart. And now here's your host

0:36.3

Linda P Jones. Welcome to be wealthy and smart. I'm Linda P Jones, America's

0:41.6

wealth mentor. Empowering women and Men Worldwide to Financial Freedom.

0:45.0

On today's show you're going to hear from a guest who's written a book called Family Inc.

0:51.0

Inc. as in Inc. and you're going to hear how you should run your family like

0:57.1

you're a CFO. It's very interesting. Doug's very knowledgeable. I think you'll enjoy this. Here we go.

1:03.4

Great Doug McCormick. How are you Doug? Great, thank you. Fantastic. Well you've

1:09.2

written a very interesting book and I think our listeners are going to find this fascinating.

1:14.2

Tell us why you wrote the book Family Inc.

1:17.4

Well I think it's a little bit of a product of my personal experiences.

1:20.6

You know, I've been the beneficiary of a lot of education and graduated with an undergrad degree in economics

1:26.6

and a business degree from Harvard and coming out of Harvard in my early 30s realized

1:31.6

that I still had not yet mastered the basic

1:34.5

principles of personal finance and I think financial literacy is one of the

1:38.1

biggest challenges in America today and I think the way our economy is

...

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