Aug. 7, 2024

Practical Wealth Solutions — The Story of Curtis May - PT 2

Practical Wealth Solutions — The Story of Curtis May - PT 2

In this episode, I continue my conversation with Curtis May, founder of Practical Wealth Advisors and host of the Practical Wealth Show Podcast. Picking up from our last discussion on personal finance principles, we delve into practical financial planning strategies, real-world wealth creation examples, and the importance of continuous learning and a positive mindset. Curtis underscores the power of strategic thinking over the 'microwave mentality' and emphasizes the necessity of foundational principles in financial success. Additionally, he shares his methods for digesting and applying new information, highlights critical principles of finance, and recounts lessons learned from interviewing over 300 successful individuals. This insightful episode is packed with Curtis's wisdom and experience, offering listeners invaluable guidance towards achieving financial freedom.

-------------- Links to Resources Mentioned

12 Week Year


“Becoming Your Own Banker” by Nelson Nash

An 85-page book on the concept of infinite banking, which Curtis discusses as a vital resource for understanding the principles of personal finance and wealth creation.

Poor Charlie’s Almanack” by Charlie Munger

A collection of speeches and talks by Charlie Munger, focusing on wisdom in investing, business, and life.

“Fire Yourself: How to Create Financial Freedom in Three Years or Less” by Bronson Hill

A book mentioned by Curtis emphasizes principles and strategies for achieving financial independence quickly.

“The New Black Wall Street” by Jay Jones

A book Curtis references discusses entrepreneurial principles and the importance of selling physical products, digital products, or services.

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EPISODE TIMESTAMPS

00:00 Introduction and Recap

00:44 Diving into Practical Strategies

02:20 The Importance of Principles

03:52 Mindset and Financial Language

04:53 Learning from Successful People

05:47 Investing Rules and Strategies

08:23 Synthesizing and Acting on Information

12:48 Marketing and Business Growth

16:48 Setting Big Goals and Staying Motivated

17:42 Balancing Passion and Work

19:09 Structuring Your Day for Success

20:09 The 12 Week Year Strategy

21:29 Faith, Family, Finance, and Fitness

25:00 The Importance of Sales Skills

27:44 Continuous Learning and Personal Growth

29:03 Final Thoughts and Resources

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