Focus on Money: The Financial Freedom Overview for Optometrists

Pathways with Amber Stitt

In this episode of #TheAmber Stitt Show titled "Financial Freedom Post-Presentation Podcast," Amber Stitt discusses the importance of financial freedom and how to achieve it. She starts by emphasizing that financial plans can vary based on age and that the language within the plans can affect the payout. Additionally, she highlights that offsets to benefits can occur if the individual is disabled and has other sources of income or government benefits.

Amber then dives into the topic of building and diversifying income streams beyond traditional employment. She explains that passive income from investments, real estate, business ventures, and royalties can provide ongoing income without active participation. This passive income offers greater financial stability and flexibility, which are crucial for achieving true financial freedom.

However, Amber also emphasizes the need for stability and security in our financial plans. She explains that having a well-managed overall plan, including insurance coverage and a financial plan, is necessary to weather economic downturns, job changes, and unexpected expenses without disrupting our desired lifestyle.

To further emphasize the importance of understanding our financial policies, Amber discusses the difference between cancelable, guaranteed renewable language in individual policies and the provision in group contracts that allow the carrier to make changes, modifications, or terminations. While she is not an attorney, Amber suggests reviewing these differences and understanding the policies we have in place.
Amber's goal with this episode is to motivate listeners to take action and audit their financial situation. She offers a complimentary consultation to help individuals assess their current financial standing and find areas for improvement.
By following the five steps outlined by Amber—including being real with oneself, recognizing one's talents, and having self-awareness—listeners can take steps towards achieving financial freedom.

Overall, this episode of The Amber Stitt Show provides valuable insights and advice on achieving financial freedom.
Amber encourages listeners to take control of their finances, build passive income streams, and ensure stability and security in their financial plans. To learn more, visit amberstit.com.
Take Action Today! Thank you for listening!