Life Money Balance® Podcast

Why More Money Needs Smarter Planning (And How It Builds Wealth Faster)

Dr. Preston Cherry

In this episode, Dr. Preston Cherry sheds light on why even high-income earners need solid financial education. Earning more doesn’t mean knowing more about money. He explains how true financial literacy helps people make smarter decisions, avoid costly mistakes, and feel more confident. Using real-life examples, he shows that financial wellness is not just about managing money—it’s also about understanding it, emotionally and practically.

Takeaways:
• Income ≠ Financial smarts
• Education boosts confidence
• Avoid costly mistakes
• Plan with clarity
• Money affects emotions

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Disclosure: episodes are educational only, not advice. Review our disclosures here: https://www.concurrentfp.com/disclosures/