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In this Podcast, Kim shares the 2nd Blind Spot in personal finance: an Equal Time Frame. She explains the importance of this blind spot and how to use it in our personal finance.
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Show Notes
- Kim tells us that she had learned these blind spots thru the years – 2:04
- She talks about the 2nd blind spot: an Equal Time Frames – 2:22
- “You only change one component of a comparison at the time” – 2:59
- Kim tells us that It’s too easy to have an equal frame on a comparison – 3:33
- She talks about a comparison between mortgages – 4:33
- Kim tells us that our time frames have to be equal – 5:03
- She explains to us that our interest rates have to be equal – 5:07
- Kim recommends us a book about interest rates – 5:38
- She shares with us the importance of knowing which is the better mortgage – 6:38
- In the advisor section of the podcast we get to listen to Wade Borth at the 2018 Summit for Prosperity Economics Advisors – 8:04
- “In this Summit, everyone is willing to share” – 10:20
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