Your Total Wealth: The Heart and Soul of Financial Literacy

If someone asks you what wealth means for you, what would your response be? The first thing people always associate this term with is money, however, wealth can also be translated into freedom, opportunities, and security. Our amazing guests, David Dubofsky and Lyle Sussman, the authors of Your Total Wealth: The Heart and Soul of Financial Literacy will show us the real meaning behind the wealth word. They will also discuss how the book is organized and why financial literacy is essential to achieving success and financial independence. Tune in and learn more about the heart and soul of financial literacy!Key Highlights: [00:01 - 08:49] Open SegmentDavid and Lyle share their background and workWhy they decided to write Your Total Wealth: The Heart and Soul of Financial LiteracyWhat you should know about personal finance and well-being [08:50 - 20:14] Financial and Life Literacy is VitalDavid and Lyle recommend people to read Think and Grow RichFinancial literacy can be the difference between having a successful life and a nonsuccessful lifeThe benefits of using financial literacy as a tool to achieve success [20:15 - 30:18] Going on Your Own Financial Literacy JourneyHow the concept of compound interest can have a dynamic effect on a person's wealthThe importance of financial literacy and how people can use it to make better decisions about their moneyWhy and how people should read Your Total Wealth: The Heart and Soul of Financial Literacy [30:19 - 35:45] Closing SegmentPeople can have regrets about their decisions in life even if they don't have any formal education or experience in financesKey Quotes: “The decisions we make throughout our lives have a compounding effect and will lead to satisfaction in life.” - David Dubofsky“Wealth doesn't just result in more money. Wealth also results in more freedom, more opportunity, and more security. Money is a tool to help you achieve your goals and dreams.” - Lyle Sussman Connect with David and Lyle:Email: [email protected] Email: [email protected] Connect with me on LinkedIn!LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.