In our latest interview, Tim sits down with Mary Crafts, the podcast host of Crafting a Meaningful Life, to discuss the overlooked realm of money & finance. Tim emphasizes principle-based financial planning over traditional methods, stressing integrity, loyalty, and service. They address topics like the unpredictability of markets, the importance of saving, and the need for women to be financially informed. Tim shares practical advice for financial independence, whether you're just starting out or already deep into your career. Essential listening for anyone looking to align their financial choices with their core values.

Key Takeaways:

Principle-Based Financial Planning: Tim Turley advocates for a financial approach rooted in strong life principles such as integrity, loyalty, and service, making financial decisions predictable and stable.

• Pay Yourself First: Emphasizing the principle of saving at least 15% of your gross income before making any investments to build a secure financial foundation.
• Unexpected Life Events: The importance of maximum protection through insurance and having six months to a year's worth of income saved in accessible, guaranteed places.
• Women and Financial Literacy: The critical need for women to be involved in financial planning, understanding finances, and even having personal savings or a side income, especially in cases of divorce, disability, or death of a spouse.
• Customized Financial Freedom: Financial freedom isn't about retirement but having enough passive income to support the lifestyle you want, achieved through principles rather than unreliable market predictions.