The reactions we have to money directly correlate to our experiences with money, so tune in and listen to Jess Dewell’s talk with James Adams (an author and financier).

Regardless of our situation, we make conscious and unconscious money choices. The allure of alchemy, making gold out of other stuff, is something that attracts us … and has for centuries. What we do with money, how we react to it, what we want to do to acquire – all directly relates to being open and willing to dig into how economies, and our role in them, work. Jess Dewell talks with James Adams, author of the book Waffle Street (which has become a feature film).


Program 101 - LIVE - Smart People Learn Smart MoneyStarting The Conversation:  

  • What’s the biggest money principle most of us may have never been taught?
  • In your book, you talk a lot about Say’s Law. Tell us about this overlooked concept and why its important in our decision making today.

Host: Jess Dewell
Guest: James (Jimmy) Adams

What You Will Hear:

There are no common fears around books / money, yet there are a lot of fears around money.

Periodic reviews, even when we aren’t in the details, keeps conversation open and opportunity to increase profit / wealth.

Risk, and our attraction or aversion, play a big part in our reactions to the mysteriousness of money.

When to check in on our money, and recognizing the differences in approach to money.

Livestream Question from @cmtyworks:
Watching #VBBradio LIVE w/ @WaffleStreet & @jess_dewell, gr8 convo. Q: in relation to small business what are the biggest opportunities

Where integrity comes into play when we choose to look at what may be ‘too good to be true.’

Where do we start looking at our business and what we don’t like, we can look for problems to fix.

Livestream Question:
#VBBRadio As a parent of an 18 year old, what’s the very best financial advise can I give my son?

Jimmy’s passion to education and discover why things broke in 2008.

THE most important and neglected economic concept: Say’s Law

Trading dollars for time in relationship to productivity and earning potential.

Livestream Question:
What will be the keys going forward to know about economics?

What the neatest experience was making a book into a movie.

Why is it BOLD to be smart about money in our roles?

Notable and Quotable:

James Adams: Even I take my eye off the ball.

Jess Dewell: It comes down to experience…if we’ve never had experience it, how do we know to think about it.

James Adams: We don’t have to obsess, just have a discipline for planning meetings [to check in on money topics].

James Adams: The allure is that people try to pursue something with upside and are blind to the risks or shift the risks to someone else.

James Adams: The market is more efficient than ever before.

James Adams: Bring in someone to look at efficiency with us.

Jess Dewell: Using consultants is an often overlooked resource to help find opportunity and ways to become more efficient.

James Adams: There are some people who work really hard but don’t know how to save. Evaluate a kids financial literacy to assess their strengths and weaknesses.

Jess Dewell: Work from a strength to build more skills.

James Adams: I want to explain about how the whole system fits together with money, banking, government, economics, and the federal reserve.

James Adams: If you want to buy something, you have to create something of value for something else.

James Adams: We are in a time of rapid change.

Jess Dewell: We can use the knowledge of others to figure out what we want to think about next for what we want.

James Adams: Money is a temporary motivator, in the end we have to enjoy what we are doing in life.

James Adams: Regardless of the economics, I’m proud I [wrote the book and made the movie]. I enjoyed the creation of it.

James Adams: If you let your sense of self worth get caught up in how much you are worth, you are in for a sorry life.

James Adams: There has never been a greater need to be proactive in for our learning and our careers; no one will take care of you. You are the person, and God, ensure you have a bright future.

Jess Dewell: Danny Glover is one of my all time favorite actors – he saved my husband…in a dream.

James Adams: Acting is a tough business. It takes fortitude.

James Adams: There are ripple effects, that we can’t foresee, of the financial decisions we make.

Resources:

 

 

Waffle Street the Movie. Watch on Netflix.


Join us LIVE, November 7, 10amPT/11amMT/1pmET

Regardless of our situation, we make conscious and unconscious money choices. The allure of alchemy, making gold out of other stuff, is something that attracts us … and has for centuries. What we do with money, how we react to it, what we want to do to acquire – all directly relates to being open and willing to dig into how economies, and our role in them, work. Jess Dewell talks with James Adams, author of the book Waffle Street (which has become a feature film).