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Financial Fitness Tips

November 3, 2022/in Fitness, Podcast

Find Your Edge podcast host Chris Newport sits down with Trevor Lawson to discuss financial fitness. Trevor is a fellow triathlete as well as a financial advisor and certified financial planner who provides objective financial guidance, advice and consulting.

financial fitness

We discuss:

  • The definition of financial fitness
  • Trevor encourages a hefty emergency fund, which is typically 3-6 months worth of expenses in cash, but Trevor even likes more of a cushion
  • How to deal with debt like credit cards and mortgage
  • What flexibility you’d like to have in your finances
  • Investing and insurance, including 401K, ROTH IRAs, and more
  • Income to debt ratio and why’s it’s important
  • Compound interest and why it’s important to start saving early

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