Podcasts Business Retirement Answer Man #113 - How a Personality Assessment Can Help You Make Better Money Choices

#113 - How a Personality Assessment Can Help You Make Better Money Choices

Published: April 5, 2016, 11 a.m.

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Thank you for joining me on The Retirement Answer Man show today. I am Roger Whitney and I am truly blessed to know that you are interested enough in this podcast to track down this show notes page. On this episode of the show we are going to focus in on happiness, the things that keep us from it, the things we can do to maximize it in our retirement years, and how personality assessments can help us to be a happier person. That\\u2019s a lot to promise but I\\u2019m certain you won\\u2019t be disappointed, so take the time to listen.

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The top 5 regrets people have in old age.

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I recently read an article that was written by a woman who has worked with aging and elderly people for many years. In her experience she\\u2019s heard many older people express regrets about their lives - the \\u201cI wish I had\\u201d statements that none of us want to be true of us when we reach our golden years. In the \\u201cBe Happy\\u201d segment today and over the next 4 weeks I\\u2019m going to cover the top 5 things she mentions and give you some tangible steps you can take to ensure that you are not living out your older years with the same regrets!

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\\u201cRich Dad\\u201d Author Robert Kiyosaki is STILL predicting a market meltdown this year!

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It was in MarketWatch this week, a follow up to Robert Kiyosaki\\u2019s prediction a few years back that by 2016 the economy will crash. Robert\\u2019s a respected figure in the financial industry. Many people just love his perspective and approach to building wealth. What should we think about situations like this when a well known and well respected person predicts such dire things? As you might suspect, I have some opinions about this kind of thing and share them with you on this week\\u2019s \\u201cHot Topic\\u201d segment of the show. I hope you find my thoughts valuable.

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Have you heard anyone \\u201cTalking Their Book\\u201d lately?

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You may have and not realized it\\u2026 that\\u2019s because \\u201ctalking your book\\u201d is a phrase that makes total sense once you know what it means, but if you don\\u2019t - well, you\\u2019re going to be scratching your head a bit when you hear it. \\u201cTalking your book\\u201d is a phrase used to describe someone who is talking right in line with their philosophy about the subject, and even in a way that promotes their philosophy or approach above others. As I unpack the term on this episode I\\u2019m also trying to help you develop a healthy and balanced approach to understanding what\\u2019s going on when others are talking their book. It\\u2019s all on this episode.

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Did you know that a good personality assessment could help you make better financial choices?

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It\\u2019s true. When you know your own personality better and are able to understand your tendencies when it comes to making decisions, dealing with money, and how you view the prospects of the future, you\\u2019ll have a clearer idea of how to handle the decisions that come your way day in and day out. On this episode I\\u2019m chatting with my friend Jill Davis who is a DISC assessment practitioner and avid proponent of personality assessments. You\\u2019ll find the conversation fascinating and helpful.

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OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

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  • [0:31] My welcome and introduction to this episode of the show.
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THE \\u201cBE HAPPY\\u201d SEGMENT

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  • [2:44] My 5 week experiment: The top 5 regrets people have in old age.
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  • [4:03] Regret #5: People wish they had let themselves be happier.
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TODAY\\u2019S SMART SPRINT SEGMENT

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  • [5:52] This week\\u2019s S.M.A.R.T. sprint: Write a journey each day recapping the highlights of your day and identifying habits that have prevented your happiness.
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HOT TOPIC SEGMENT

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  • [8:15] Robert Kiyosaki has predicted a 2016 stock market collapse.
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  • [9:48] What should you do in light of articles like this?
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  • [13:12] Huge predictions like this need a more well-rounded perspective.
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  • [13:35] Remember that these predictions are focused as a promotional piece around someone\\u2019s brand.
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WHAT DOES THAT MEAN? SEGMENT

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  • [14:17] What does it mean when we say, \\u201cTalking your book?\\u201d
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PRACTICAL PLANNING SEGMENT

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  • [16:03] Jill Davis is my guest today - an expert in personality assessments.
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  • [17:13] Why would anyone want to do a personality assessment?
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  • [19:08] The reason for finding clarity about your personality.
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  • [19:28] What is the DISC theory of personality assessment?
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  • [21:41] My results from taking the DISC assessment.
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  • [22:29] How it\\u2019s good to have a partner who is opposite of you.
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  • [24:03] Understanding others through a personality assessment.
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  • [26:09] The benefits of couples and partners understanding each other\\u2019s personalities.
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  • [26:58] The ways personality assessments can be misused.
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  • [29:20] How personality impacts communication and sharing.
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  • [31:57] How to connect with Jill.
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RESOURCES MENTIONED IN THIS EPISODE

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www.TheWorkshopBox.com - Jill\\u2019s website AND Jill(at)JillDavis(dot)com

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The MarketWatch article by Robert Kiyosaki

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www.RogerWhitney.com/RPL - Find out more about retirement plan live!

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Contact Roger: http://www.rogerwhitney.com/retirementanswers/

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Roger\\u2019s retirement learning center: www.RogerWhitney.com/learn

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The Retirement Answer Man Facebook page: www.Facebook.com/RetirementAnswerMan

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