In this episode of the Whiskey and Work Podcast, Kelsey sits down with financial planning and business valuation expert Aryeh Sheinbein. They discuss the lack of financial education and literacy among many entrepreneurs and business owners, the concept of the enough number, and the importance of knowing this number for achieving financial independence and retirement goals.\xa0 Sit back, relax and grab a pen and paper for this one \u2014 you\u2019re going to want to take some notes!\xa0
What we\u2019re talking about\u2026
Aryeh\u2019s expertise in financial planning and introducing the concept of the enough number.
Highlights the importance of knowing this number for achieving financial independence and retirement goals
Aryeh\u2019s journey into helping online business owners with financial literacy and wealth management
The lack of financial education and literacy among many entrepreneurs and business owners
The importance of understanding personal finances and managing money effectively to achieve long-term goals
The concept of the enough number, emphasizing the need to calculate one's current expenses accurately
Encouragement to approach this exercise without judgment or shame, focusing on understanding one's financial reality
Practical advice on how to calculate one's enough number by assessing monthly expenses and annualizing them
Recommendations for organizing expenses into categories and using tools like spreadsheets for clarity
Addressing common challenges and fears associated with financial planning, such as fear of judgment or stress around spending habits
The importance of setting aside time for financial planning and embracing self-awareness without judgment
The importance of regular investing and setting aside funds for future goals, such as retirement and major expenses
Highlighting the concept of Parkinson's law and the significance of disciplined saving and investing habits
To learn more or connect with Aryeh, visit the links below!\xa0
A {free} Tool or Two!\xa0
Did someone say free? Yup that\u2019s right. Kelsey\u2019s here to help with a few free tools to help launch your business and creative ideas! Click the links to start your journey.\xa0
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Links Mentioned
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Aryeh Sheinbein\u2019s Website
Aryeh Sheinbein\u2019s Instagram
Kelsey Murphy\u2019s Website\xa0
Kelsey Murphy\u2019s Instagram
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