Straight Talk: Addressing Your Burning Financial Questions

Welcome to the inaugural Q&A session where no question is off-limits and no answer is sugar-coated. I've compiled a few of the most meaningful and recurring questions I've received, giving you an unfiltered glimpse into my world and financial philosophy. These questions might sound familiar, and you might even resonate with some of them. So, let's dive in and get to the real talk.

Q1: Why are you juggling so much?

You might be wondering how I manage being CEO of Black Mammoth, Legacy, and Kala, running two podcasts, all while raising two boys. The truth is, I'm not doing this alone. My team is a driving force behind my ability to balance these responsibilities. Legacy and Kala are exclusively designed for our Black Mammoth clients and referrals. The podcasts are my way of amplifying financial education in the industry. Yes, it sounds like a lot, but it's all for you. I'm here to improve your life, allowing me to support my family while I'm at it. So, if you've hesitated to work with me due to perceived busyness, toss that notion aside. I'm here for you, regardless of your "assets."

Q2: Do you even have time for clients?

Absolutely. My calendar is designed to serve you better. Mondays and Fridays are my creative days, focusing on research, educational content, and podcasts. The rest of the week, Tuesday through Thursday, is dedicated solely to clients and potential clients. I'm here for you during those days, whether it's a scheduled meeting or a quick chat on our dedicated Slack channel. Time for clients is a priority, always.

Q3: How much money do I need to start planning?

Zero. That's right – you don't need a stash of "assets" to kick-start your financial journey. We offer services tailored to your situation, from DIY options to comprehensive family office support. If your gut tells you it's time to start planning, listen to it. We're here to catch you.

Q4: Can I ask questions and then DIY?

This is a common question, and the answer is nuanced. Generic advice is freely given, but detailed advice requires insight into your specific situation. Blindly following advice can lead to poor decisions and harm. Our role as financial practitioners demands a holistic view of your financial landscape. We're here to ensure a healthy relationship with money, and that includes making informed choices.

Q5: What's your average client return rate?

The idea of an "average" return rate is misleading. Every client's circumstances are unique, rendering a standard average irrelevant. Our focus isn't solely on investment returns – it's about ensuring you're taken care of, on track with your goals, educated on market trends, and consistently communicated with.

Q6: If I handed you $150k in cash, where would you invest it?

While I appreciate your trust, I can't accept cash. But here's a suggestion – deposit that cash in your business or bank account, then let's talk about how we can help you manage and invest it wisely.

Q7: Should I pay off my house now and invest later?

This is a common query, especially in the real estate sector. But as with all financial advice, a tailored response requires an understanding of your complete financial picture. A general opinion: with the market at lows, holding off on paying off your house and instead investing in opportunities might yield higher returns when the market rebounds. Plus, being "debt-free" isn't all it's cracked up to be – investing your equity can make your primary home a profitable asset.

These are just a handful of the diverse questions I receive daily. If you have your own questions or want more insight, don't hesitate to reach out. I'm also in the process of launching a weekly live Q&A session – let me know if that's something you'd find valuable.

Stay curious, stay informed, and remember, your financial journey is unique – and I'm here to guide you every step of the way.

Take the Next Step Toward Financial Freedom

If you’re ready to grow your wealth and live the life you’ve always dreamed about, it’s time to add Black Mammoth to your family. 

We’re passionate about helping you achieve financial success through education and expert guidance. Say goodbye to financial uncertainty – reach out today and schedule a consultation.