#81 - The 6 Rules of Wealth w/ Patrick Cummings & Jon Gilson

#81 - The 6 Rules of Wealth w/ Patrick Cummings & Jon Gilson

Author: Justin Green, CFP® April 26, 2023 Duration: 55:11

Patrick Cummings and Jon Gilson, the founders of Optimal Agency, discuss the intersection of wealth, health, and time.

They assert that agency is all about personal autonomy, and optimal agency empowers individuals to take control of their lives in these three domains.

The duo outlines six essential rules for building wealth, which include separating time from income, maximizing earnings, living below your means, investing in passive income and appreciating assets, leveraging compounding interest, and having a sound asset allocation strategy.

Additionally, they introduce the HWT score, a free questionnaire that evaluates an individual's health, wealth, and time scores. This tool provides users with valuable insights into their strengths and weaknesses in these areas, along with actionable strategies to improve them. Don't miss out on this opportunity to gain greater control over your life!

Check out Optimal Agency today!

Take the HWT Questionnaire

Ep. 32 w/ Ed Coambs - Money Scripts


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Justin Green, a CERTIFIED FINANCIAL PLANNER™, noticed a gap between the physical wellness online coaches promote and the financial health of their own businesses. That’s the space where Dollars and Dumbbells-Profit and Wealth Tips for Online Health and Fitness Coaches lives. This isn't just generic business advice; it's a focused conversation for creators in the health and fitness space who are ready to move from passion project to sustainable wealth. Justin, drawing from his work at Assist Financial Planning, digs into the specific money decisions coaches face. You’ll hear practical discussions on managing irregular cash flow, structuring your business finances efficiently, and making sense of investing so your profits work for the long term. The podcast unpacks often-overlooked areas like tax strategy, appropriate insurance, and even estate planning, because building a legacy is part of the goal. Through interviews and solo episodes, the content is designed to translate complex financial concepts into actionable steps. Tune in for a straightforward resource that addresses the unique intersection of personal training and personal finance, helping you build a resilient business that supports the life you want.
Author: Language: English Episodes: 100

Dollars and Dumbbells - Profit and Wealth Tips for Online Health and Fitness Coaches
Podcast Episodes
#119 SOLO - The Four Levels of Money [not-audio_url] [/not-audio_url]

Duration: 12:03
Justin Green,CFP® discusses the four stages of money for solo business owners. He simplifies wealth building into these key steps: 1. Make a profit 2. Manage your cash flow 3. Grow your wealth 4. Protect your wealth CONN…
#118 - Freedom is the Ultimate Goal w/ Steve Kopshaw [not-audio_url] [/not-audio_url]

Duration: 42:23
Justin Green, CFP® sits down with the Steve Kopshaw, an online business coach for online business owners. We discuss: Leadership in your business & in life The ultimate goal of Freedom FREEDOM Framework How to implement…
#117 A Tool to Track Your Spending in 2024 w/ Colton Etherton [not-audio_url] [/not-audio_url]

Duration: 15:14
Colton Etherton, CFP® & Justin Green, CFP® discuss tracking their cash flow in 2024 and the tools they're using. Resources Monarch Money Connect with Justin Green DM on ⁠⁠⁠Instagram⁠⁠⁠! Connect with Colton Etherton DM on…
#116 - The 1 Person, $1 Million Dollar Business Idea w/ Dan Heaney [not-audio_url] [/not-audio_url]

Duration: 40:43
Justin Green, CFP® sits down with the Dan Heaney, an online business coach and mentor to health & fitness coaches. We discuss: Simplifying your business Being intentional and working backwards The three tiers to build in…
#115 - SOLO Save Taxes by Opening a Roth IRA for you Child [not-audio_url] [/not-audio_url]

Duration: 8:45
Justin Green, CFP® introduces you to the concept of a custodial Roth IRA for your child. What is a Roth IRA? How it Works The Pros & Cons The Entrepreneur’s Advantage Connect with Justin Green DM on Instagram
#113 - Shatterproof Your Business w/ Scott Reib [not-audio_url] [/not-audio_url]

Duration: 41:54
In this episode, Justin sits down with Scott Reib, a business attorney and the author of 5 Proven Strategies to Shatterproof your Business. We discuss how to set your business up for success by protecting it’s vulnerabil…
#112 - How to Improve Financial Happiness w/ Colton Etherton [not-audio_url] [/not-audio_url]

Duration: 28:24
Colton Etherton, CFP® & Justin Green, CFP® discuss the survey results of a recent Financial Happiness survey by Empower. • How much money do you need to be financially happy? • Are millennials delusional? - What can you…
#111 - Building New Financial Habits Each Week w/ Tony Steuer [not-audio_url] [/not-audio_url]

Duration: 40:24
In this episode, Justin sits down with Tony Steuer, the author of The Get Ready Blueprint. We discuss creating financial habits and a mindset to get ready to tackle your finances in small, actionable steps. Plus, what it…
#110 - How to Measure your Financial Health w/ Colton Etherton, CFP® [not-audio_url] [/not-audio_url]

Duration: 31:18
Colton Etherton, CFP® & Justin Green, CFP® discuss the concept of financial health. What is financial health? What are the questions to ask yourself to determine financial health? Do you really need financial projections…