Never too Late for Financial Freedom
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Season 2: Episode #9
Never too Late for Financial Freedom, Howard Dekkers of HowardDekkers.com
Although his father taught him to save 10% of everything he made, Howard Dekker found himself living paycheck-to-paycheck through his 20s and 30s, even with a high income and as the owner of a million-dollar business. Realizing he and his household were just one event or crisis away from bankruptcy, he began implementing his father’s advice and building upon it by sharing it with young people and adults. His clear message: It’s never too late to start investing.
- Living paycheck-to-paycheck through his 20s and 30s, even after his father taught him to save 10% of everything he made
- Even at high income and as an owner of a highly valued business, he had no savings or financial backup
- His father retired at age 55 as a millionaire after working as a tool and dye worker because he saved and invested regularly
- The excitement from having a financial freedom plan
- Why creating a feeling of economic scarcity in his household helped
- What Howard is teaching to students and adults to help them create a financial freedom plan
- The power of compound interest and teaching people how money grows
- Building your budget around your desired lifestyle
- Why Howard looks forward to stock market drops
- Young people are ready to learn the concepts but struggle with the implementation
- Never too late, even in your 50s, to start investing
Links referred to in the episode, and how to connect with the guest, Howard Dekkers:
Facebook – Financial Freedom Is within Your Reach
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