How to Build Wealth Without Wall Street - Curtis May #5249

<p><strong>Summary:</strong><br /> Today we have the creator and owner of Practical Wealth Advisors, Curtis May, on the podcast to discuss how you can build your wealth without the assistance of Wall Street. As a close friend of the Financial Survival Network, May also promotes the idea that Wall Street’s goals do not align with the financial freedom most people are seeking. Rather than just utilizing various tactics and strategies, May advises than you have a structured plan and an awareness of the principles that will get you to your financial end goal. Tune in to get information on how you can acquire some of this advice, and to hear from an individual that can create a plan to fit your needs.</p> <p><strong>Highlights:</strong><br /> -We’ve been somewhat anti-Wall Street since the start<br /> -Curtis May is the the creator and owner of Practical Wealth Advisors<br /> -Wall Street doesn’t always have your best interest—how can one build their wealth without the assistance of Wall Street?<br /> -Two schools of thought when it comes to money: the accumulation theory (what they sell you) and corporate finance, which closely resembles what actually plays out<br /> -It is important to be aware of the two different games being played<br /> -Investing is a plan—not a product or procedure<br /> -Most people use tactics and strategies but lack an overall plan, which is typically to become financially free. This, however, is not Wall Street’s goal for you.<br /> -May’s purpose is to teach people how to become financially free, and the steps to take to get there<br /> -In terms of goal setting, May tries to ask people what they want, and why. Most people know what they don’t want, but it is sometimes more difficult to pinpoint what they do want<br /> -May’s ideal structure is ‘wealth in a decade’ which entails financial freedom in ten years or less—he is focused on teaching people the principles<br /> -Find out their goals, but give them principles to work with so that they don’t repeat the same mistakes over and over ag