Burett McKay here and welcome to another edition of the Art of Manliness Podcast.

When it comes to personal finance, most of the advice out there is geared towards goal

setting like saving X amount of dollars for retirement or reduced discretionary spending

by a certain percentage each month and goal setting is helpful.

When it comes up short and giving you a big picture view of your financial situation,

so you can take appropriate tactical steps to improve your wealth.

When my guest today on the show argues that in order to get this big picture view of

your finances, you need to start looking at your family as a business and yourself as

the chief financial officer of Family Inc.

His name is Doug McCormick and he's a professional investor in the author of Family Inc.

using business principles to maximize your family's wealth.

And today on the show, Doug and I discussed the two types of assets that your managing

is the CFO your family and the business principles you can apply in your family's business

to help grow them.

We also discussed the metrics that corporate CFOs use to determine the health of a company

and how you can use the same ones to measure the health of your family's finances.

Lots of great actionable advice in this podcast.

After the show is over, make sure to check out the show notes at aam.is slash family

Inc. for links to resources where you can delve deeper into this topic.

Doug McCormick, welcome to the show.

Hey, thanks very much.

Glad to be here.

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