DOUGH: How to Take a (Financial) Hit

July 27, 2022 00:54:04
DOUGH: How to Take a (Financial) Hit
Abrahams Wallet
DOUGH: How to Take a (Financial) Hit

Jul 27 2022 | 00:54:04

/

Hosted By

Steven Manuel Mark Parrett

Show Notes

Mark Parrett and Steven Manuel talk (from painful personal experience) about how to take a loss and get back on your feet:

1. Do spiritual work first (10:00)

2. Work though the loss relationally (with the wife) (17:45)

3. Have or review a financial plan (25:20)

4. Share your loss with trusted friends (28:45)

5. Restore truth in your thinking (30:00)

6. Reconsider your financial assumptions (40:15)

7. Recoup integral losses via work and savings (42:30)

8. Rebalance as needed (43:40)

They finish up by talking nonsense about sneakers, restaurant reviews, and YouTube. You don't have to listen to that part.

Enroll in our "Draft a Family Vision in 3 hours" course

Other Episodes

Episode

August 14, 2024 00:42:43
Episode Cover

Deepen Friendships with Financial Transparency (FREE Study Guide!)

In this special episode, a unique gift is unveiled for Abraham's Wallet followers: a six-week Financial Transparency Squad Guide. This guide is designed to...

Listen

Episode 0

February 12, 2025 00:56:21
Episode Cover

What About Women? Honoring Moms in the Patriarchal Family

We are always talking about a husband leading his family well. But what does this mean for his wife? What is her role in...

Listen

Episode

March 11, 2020 00:41:47
Episode Cover

Responding to Financial Calamity

In this podcast, Steven sat down with his parents, who have been through multiple life-changing financial disasters, and talked with them about how they...

Listen