Episode 31 The Real Cost of Fun & Entertainment

Episode 31 The Real Cost of Fun & Entertainment

Released Wednesday, 21st May 2025
Good episode? Give it some love!
Episode 31 The Real Cost of Fun & Entertainment

Episode 31 The Real Cost of Fun & Entertainment

Episode 31 The Real Cost of Fun & Entertainment

Episode 31 The Real Cost of Fun & Entertainment

Wednesday, 21st May 2025
Good episode? Give it some love!
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The goal of this episode is to get you to see: 

  1. -How many hours you have to work to pay for a night on the town
  2. -The true cost of “Entertainment” and the value of investing and “Creating Health and Wealth for Retirement!”
  3. -How shifting from spending to investing will change your future far more dramatically than the enjoyment you get from a lifetime of nights on the town.  

Specifically, Mark and Rick ask a question you have never been asked before?

“How many hours are you willing to work for a night out on the town?”

Then they show the real cost of a $150 night on the town in terms of hours of work to pay for it?  They show the impact and cost of income taxes and interest (if you paid with credit) on the cost of the night out and the number of hours you must work to pay for that night out!

Finally, they explore the hidden costs of a night out and how spending on entertainment and how the food and alcohol will impact your health and wealth in the short-term and for retirement!

This conversation also touches on the value of relationships and making choices that support long-term goals.

Takeaways

  • Not spending on entertainment can lead to unexpected financial gain.
  • A night out can cost more than just the bill; it equates to hours of work.
  • Understanding the true cost of entertainment can lead to better financial decisions.
  • Investing money instead of spending it can yield significant returns over time.
  • Health impacts of dining out include weight gain and poor sleep.
  • Social Security is not a reliable solution for retirement planning.
  • Starting to save early can lead to substantial financial security.

To contact Rick visit www.BankForYourself.com
to contact Mark visit https://calendly.com/madulaney

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From The Podcast

Join hosts Rick Collins, a seasoned financial expert, and Mark Dulaney, a resilient 64-year-old cancer survivor, on a journey to empower people 50 to 63 to take control of their health and their wealth for retirement.Through candid discussions and expert advice, they delve into the risks of an unhealthy body and being financially broke in retirement.  They offer practical tips that will help you become healthier and wealthier in the short term, with the ultimate goal of preparing you for a secure, joyful, mobile, travel-filled and secure retirement.They not only want you to be alive to meet your grandchildren, they want you to be able to get down on the floor and play with your grandchildren and be there to guide, help and support them as you see fit when they are teenagers, college bound and starting their careers.One Final Warning Before Listening!Mark and Rick are not just here to entertain you; they're here to challenge you not to fall into the societal norms of eating everything, sitting and watching entertainment and spending all your money on crap you don't need.  The bottom line is, we don’t want you to end up like the masses will when they retirement.  In other words, we don't want you to be:1- Unhealthy and dependent on medical care and / or a burden to your children2- Broke and dependent on government aid and / or a burden to your children!Honestly, we created podcast for people who never want to be dependent on or a burden to anyone for any reason!  If that is you, Mark and Rick welcome you!

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