Mastering Money: How to Set Financial Goals and Actually Achieve Them with Brian Lessinger
Student of the Game · Season 1 · Episode 38
Mastering Money: How to Set Financial Goals and Actually Achieve Them
with Brian Lessinger, The Lessinger Team at RE/MAX Gold
Brad Noll talks money with Brian Lessinger, a real estate leader with an MBA in finance who climbed from deep debt after the late 2000s downturn to a multimillion dollar net worth. Brian breaks money into four fundamentals, earn, spend, save, and invest, and shares how to start with pen and paper, pay down high interest debt, run a household like a business, and open up honest conversations about money.
▶ Listen to the episodeKey Takeaways
- Money does what you tell it. There are only four things you can do with money: earn it, spend it, save it, or invest it. Brian says the worst thing you can do is not pay attention to it at all.
- Define wealthy for yourself. To Brian, wealthy means your assets cover the life you want without a job. Make your own long and short term plans and play your own game.
- Attack high interest debt first. Most people don't have an earning problem. Saving and investing can't get ahead while credit card and consumer debt charge far more than savings can earn.
- Start with a pad of paper. Write down what actually hits your account, every expense, and every debt with its rate and minimum payment. Automation is great later, once you understand the numbers.
- Run your household like a business. Brad uses Profit First in his company. Brian applies the same idea at home by taking 20 percent off the top for saving and investing and living on the rest.
- Be the tortoise, not the hare. Delayed gratification is hard when others show off fancy cars and houses. Over the long run, Brian says, the patient approach wins.
Chapters
- 00:00Meet Brian Lessinger
- 02:08The four things you can do with money
- 03:34From deep in debt to everyday wealthy
- 12:08Earning isn't usually the problem: tackle debt first
- 15:10Setting goals beyond income
- 20:49Where to start: put it all on paper
- 27:57Be the tortoise, not the hare
- 28:38How to start a conversation about money
- 35:35Profit First and running your household like a business
- 41:48Winning at the game of life
Read the article
Brian Lessinger on the Four Fundamentals of Money
The full story behind the episode, written to be read, shared, and found on Google.
Read it →
Buyer and seller guidance for the Fort Wayne market, hosted by Brad Noll.
Listen to Moving Fort Wayne →Work with the Noll Team
Ready to make your move?
Since 2003, Noll Team Real Estate has been helping people in the Fort Wayne area find the freedom to live the lifestyle they want. Tell us where you are headed and we will build the plan around your life.