2773: I'll Show You Mine by Shannon McLay with Budgets Are Sexy on Personal Finance Habits & Advisors

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Self-improvement, Education, Business, Investing

4.5 • 1.3K Ratings

🗓️ 25 June 2024

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2773: Shannon McLay shares a deeply personal account of her journey as a financial advisor, emphasizing the emotional weight of managing clients' investments. She reveals the importance of transparency and urges investors to ask advisors how they invest their own money, highlighting the necessity of trust and alignment in financial advising. Read along with the original article(s) here: http://www.budgetsaresexy.com/one-question-to-ask-financial-advisor/ Quotes to ponder: "I felt the weight of hers and other client’s hopes and dreams falling on my investing shoulders, and it felt like the weight of the world." "I may be exaggerating a little, but I would want a financial advisor who lost sleep at night over my money rather than the alternative." "Your relationship with your financial advisor is similar to that of your spouse, and if you can’t trust them and feel comfortable knowing you are on the same team together, then why get married to begin with?" Episode references: The Power of Now: https://www.amazon.com/Power-Now-Guide-Spiritual-Enlightenment/dp/1577314808 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by Shopify.
0:03.0	Looking to start a side hustle or become your own boss.
0:05.0	Do it with Shopify.
0:07.0	Whether you're selling succulents or stilettoes,
0:09.0	Shopify has the industry leading tools to help you create,
0:12.0	control and grow your own business.
0:13.7	So get serious about selling and get Shopify today.
0:16.7	Sign up for a one pound per month trial period at shopify.coidek slash special offer
0:21.8	or lowercase that Shopify dot coe
0:24.2	eke slash special offer this is optimal finance daily episode 2773 I'll show you
0:31.7	mine by Shannon McLea with Budgets are sexy.com and I'm your host and personal finance
0:37.9	Enthusiast Diana Merriam This is actually one of multiple shows in our network covering different topics like personal development health
0:46.7	Relationships and your work life
0:49.1	So if you like narration style podcasts be sure to search for optimal living daily wherever
0:55.0	you're hearing this and check out our other shows. But for now let's get right
0:59.8	to it and continue optimizing your life.
1:03.0	I'll show you mine by Shannon McClay with Budgets are sexy.com
1:12.0	I'll never forget the first client who entrusted me with investing her money and the day that
1:17.5	money was delivered into my firm for me to manage. I will never forget it because that was the day that I stopped sleeping.
1:25.0	Why did I stop sleeping? I felt the weight of hers and other clients hopes and dreams falling on my investing shoulders and it felt like the weight of the world.
1:36.0	After all I spent days and weeks getting to know this person to understand what she wanted from life,
1:42.0	to find out about her kids, her job, her retirement goals.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.