A Penny Saved in Taxes is Better than a Penny Earned - Douglas Eze #5595

Summary: If you’re looking to close the holes in your financial bucket, you’ve come to the right place. Douglas Eze comes on the show to talk about some of the ways he helps business owners acquire the guidance/education to achieve financial success. Although our concept of “financial success” has changed over time, people want to collectively protect their income and keep more of their money whenever possible. Tune in for great advice from Douglas. Highlights: -Douglas’ goal is to provide business owners the guidance/education to achieve financial freedom -Our working definition of financial freedom has changed -Douglas aims to help people close the holes in their financial bucket—analyzing each area of their finances and determining what people are doing wrong -He frequently sees issues arise with paying mortgage -Taxes are generally your biggest expense. If you can find a way to spend less of your earned money on taxes, then you can improve your finances -Postponing taxes doesn’t help either -You have to adopt a different mindset of viewing your income/finances -You have to think outside the box; what used to work doesn’t work anymore. People have lost lots of money in their 401k. The key is being able to protect your money Useful Links: Financial Survival Network Largo Financial Services Have Money Forever