Episode 22

full
Published on:

28th Apr 2021

022 - The Time Value of Money (Military Finance 2.0)

As part of our series on personal finance basics for active duty military!

Have you ever struggled with the decision of whether or not to pay your car or house off early?

On the surface, it seems like the right thing to do. You absolutely hate having those monthly payments, and it sure would be nice to get rid of them once and for all, but have you considered the opportunity cost of your decision?

In this session of US VetWealth live, Scott and Trevor discuss the importance of using your greatest resource, time, to your advantage and start creating or building wealth today, instead of putting it off until tomorrow, or next week, or next month, or....get the point?

Today we're going to cover:

-The efficiency of using your $$$ to pay off assets that won't allow you to realize a ROI without leveraging or selling them.

-The opportunity costs of your decision to pay off big-ticket items instead of putting your money to work for you.

-Examples of how powerful of a resource time can be when it comes to creating and building wealth.

Are you ready to break the mold of "the way it's always been done" and realize that the conventional wisdom that's been passed down to you from The Great Depression era isn't so wise anymore?

Come join us every Monday, Wednesday, and Friday at 12PM EST and learn how to start building true autonomy by taking control of your money and your life.


Subscribe to our YouTube Channel!

Get your copy of the Modern Guide to Military & Veterans Life Insurance


Connect with Scott R. Tucker on LinkedIn!


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About the Podcast

Veteran Wealth Secrets
Helping the 1% who serve our country become the 1% who influence it
Host Scott R. Tucker shares the secrets to Post-Military life that "They" don't tell you about. Learn how to avoid the 9-5, costly government benefits and disingenuous financial advisors by creating a life of autonomy and financial control!

To work with Scott and Learn more click here: https://linktr.ee/usvetwealth

Connect with the host Scott R. Tucker https://www.linkedin.com/in/scottrtucker

Get the book at https://VeteranWealthSecrets.com

About your host

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Jen Amos

Jen Amos is an award-winning podcaster and entrepreneur. She first found podcasting in summer 2019 as a way to work through depression and bouts of loneliness after moving from San Diego, CA (her home of 20+ years) to Hampton Roads, VA in pursuit of new business ventures.

Jen actively seeks to find common ground through conversation and storytelling to foster connection, community, and collaboration. She is known for her active listening skills, candidness, and ability to uncover insightful stories and universal lessons while conversing with her guests. Her favorite topics to cover on her podcast shows involve military families, entrepreneurs, and Filipino American culture. Since summer 2019, she has conducted 600+ podcast interviews.

Jen received her Bachelor’s in Journalism with an emphasis in Public Relations at San Diego State University. For more than a decade, she has made a living in sales and entrepreneurship with experience in the legal industry, online marketing, and now financial services.

During her leisure time, she enjoys exercising, watching and studying her favorite shows, and volunteering at her church.