How to Turn Income into Wealth

In this episode of the Health & Wealth Power Hour, Harlon Pickett is joined by financial expert Timothy Clifford to dive into the vital shifts needed for both businesses and individuals to achieve sustainable financial success and customer satisfaction.

Harlon and Timothy will explore key topics like the pitfalls of a sales-driven approach in financial services, the disconnect between perceived success and customer suffering in the insurance industry, and the essential shift from prioritizing profits to genuinely helping clients. Timothy shares his invaluable insights on the importance of diversification for financial stability and the necessity of robust retirement planning.

Key Points

Wealthy individuals teach children hiring and firing skills
Aim to provide comprehensive planning for financial stability and generational wealth
Wealthy individuals diversify across assets, taxes, and incomes
Many people live responsibly but don't build wealth
People hesitant to seek advice due to fear of being sold unnecessary products
Inaction is also a decision and usually a poor one
Avoid advisers who don't invest similarly

Links
Eagle Care Health Solutions - https://eaglecarehealth.com/
Core Wealth Consultants LLC - https://www.planassist.com/

Connect with Timothy on...
LinkedIn - https://linkedin.com/in/timothycliffordcfp
X - https://x.com/myplanassist