Episode 93:How Saving for Financial Independence is a Life Changer with Eric Simonson (Part 2)

This week's episode is part 2 of our interview with Eric Simonson, financial planner and founder & CEO of AbundoWealth!  We all know that the reason why we’re building wealth is so that we can be financially independent by the time we retire (among other things). What we fail to consider, however, is the fact that we don’t control when we retire! A number of factors can come into play and derail your plans for a better tomorrow hence why we have financial planners and advisers! Abundo Wealth is a company that provides transparent flat-fee financial advice for everyone so you can maximize your life and minimize your fees. Eric’s goal with AbundoWealth is to provide everyone equal access to financial advice and not just cater to the wealthy high-class. Listen to this episode and learn about what Eric does and more. What You’ll Learn In This Episode: What happens when the market crashes? (1:34) The costs of working with a financial advisor. (3:47) The importance of having a financial planner. (5:59) The importance of having a financial plan. (8:24) The importance of having a legacy plan. How to use credit card points. Don’t try to chase travel points. (10:55) The importance of paying off credit cards in full every month. How to use credit cards. You start with the end in mind. (13:59) The old adage, start with the end in mind. The first thing to consider. How much more or less is the lifestyle going to cost? (16:33) How much more retirement will cost in the future. Everybody wants to do everything now. Why you should save for the future. (19:00) How to get in touch with Eric. (21:19) Having a hard time with finances and don’t know how to properly manage it?  Connect with ERIC@: Abundowealth.com LinkedIn: https://www.linkedin.com/in/flatfeefinancialplanner/ Connect with Corwyn@: Contact Number: 843-619-3005 Instagram:⁠ https://www.instagram.com/exitstrategiesradioshow/⁠ FB Page:⁠ https://www.facebook.com/exitstrategiessc/⁠ Youtube:⁠ https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA⁠ Website:⁠ https://www.exitstrategiesradioshow.com⁠ Linkedin:⁠ https://www.linkedin.com/in/cmelette/⁠ Email @: [email protected] DISCLAIMER: Do not purchase credit cards unless you are financially ready. Shoutout to our Sponsor: Exit Realty Lowcountry Group Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative.  Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call Exit Realty Lowcountry group today at 843-619-3005 that is 843-619-3005 or visit https://exitlowcountry.com/joinexit and make your Exit today.