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The Balancing Act: How to Manage Risk and Reward while aligning financial decisions with personal values

The Balancing Act: How to Manage Risk and Reward while aligning financial decisions with personal values

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In this episode of the "Cash and Sass" podcast, host Lisa Marie Robinson welcomes guest Alan Lazaros. They delve into the emotional and psychological aspects of money management. Alan shares his personal journey, marked by his father's death and a near-fatal car accident, which led him to reevaluate his life and prioritize fulfillment over financial success. They discuss the importance of financial awareness, risk tolerance, and aligning financial decisions with personal values. Alan introduces concepts like the "optimal stopping problem" and the "Want-Love-Hate" framework, emphasizing self-awareness and strategic planning for achieving financial and personal growth.

  • Personal money stories and experiences with financial ups and downs.
  • The emotional and psychological aspects of financial management.
  • The impact of significant life events on financial perspectives.
  • The importance of open discussions about money and breaking financial taboos.
  • Risk tolerance and its influence on financial decision-making.
  • Strategies for effective money management and tracking expenses.
  • The balance between self-belief and humility in entrepreneurship.
  • The significance of aligning financial goals with personal values.
  • The challenges of business growth and the necessity of strategic resource allocation.
  • Wealth-building strategies and the importance of long-term investments.


At age 2, his father passed away in a car accident. At age 26, after getting into a nearly fatal car accident himself, Alan questioned everything he was doing in life. He questioned who he was and the choices he was making. He was at an all-time low, and decided to change his trajectory forever. Although he had a successful career in Corporate America,he made the hard decision to start his own business dedicated to helping others get to the Next Level in their life, love, health, and wealth. He is the CEO of the Next Level University podcast, a global top 100 podcast with over 1600 episodes, listened in 170+ countries.

https://www.nextleveluniverse.com

https://www.facebook.com/alan.lazaros

https://www.instagram.com/alazaros88

https://www.linkedin.com/in/alanlazarosllc

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