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In this episode, we revisit a guest appearance I had on Andrew Cormier's Podcast called For the Zoomies. Andrew and I talk about finance, business, entrepreneurship and how these areas relate to cadets military members, and veterans.
Time Stamps:
- 00:00-06:05: Introduction
- 06:05-09:56 Common cadet financial pitfalls
- 09:56-13:12 Why is whole life insurance bad?
- 13:12-18:10 Why are payday loans bad?
- 18:10-21:12 How to notice pyramid schemes
- 21:12-22:26 Should you sports bet?
- 22:26-28:45 4% Rule of thumb
- 28:45-33:24 S&P 500 vs. S&Me 500
- 33:24-41:08 Smart uses of the cadet loan
- 41:08-50:34 Thoughts on entrepreneurship
- 50:34-53:36 Advice for cadets and Conclusion
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Download the Ultimate Military Finance Checklist, with 7 pages of critical things to be thinking about to clarify your journey to financial freedom.
Think you might need some financial help? Book an intro call with me to see if we would be a mutual fit.
Questions or comments, drop me a note at: erik@baskinfp.com
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