In this episode of the Science of Economic Freedom podcast, “The Keys to Wealth Management,” I discuss the seven critical components of wealth management that need to be measured, and that can therefore be improved, if you are serious about creating the financial life you desire.

Topics in this episode include:

• The importance of defining and setting goals.
• Asset accumulation and income streams.
• Liabilities and using debt as a wealth management tool.
• How to properly manage income and expenses.
• How to think about, and manage, the inevitability of taxes.
• Keeping investment strategy in perspective, and why it’s not as important as you might think.
• How to employ proper risk management, and how to think about legacy planning.

Remember, achieving economic freedom isn’t easy. If it were, everyone could do it. To really get to where you want to be, or stay where you want to be, you need to fully understand and integrate the key concepts involved in proper wealth management, and that’s what this episode is all about.