Karalynn welcomes Ron Beckner from Peaks Integrity Wealth Management to the show.

Ron's a third-generation pipe fitter, military vet, and now he's a finance pro with a book titled: A Blueprint and Financial Guide for the Working Class American. Break the earn-spend trap: Make money your tool and put it to work.

Assemble your team: advisor, tax pro, attorney. Stash 10% of pay first, and max your boss's 401(k) match. From there, branch out to IRAs, stocks, ETFs, bonds, and real estate.

Buy Ron's book here, and follow him on LinkedIn.

Grab Karalynn's new book Trust Your Gut here.

Follow Karalynn Cromeens on Facebook here.

Follow Karalynn Cromeens on Instagram here.

Follow Karalynn Cromeens on LinkedIn here.

Watch the show on YouTube here.

Learn more about The Cromeens Law Firm here, and subscribe to our newsletter!

Key Takeaways

1. Save 10 percent of income for yourself

2. Max 401k employer match only

3. Build team of advisor tax pro attorney

4. Understand tax buckets to minimize rates

5. Check debt clock plan for cuts in benefits

Timestamped Overview

2:03 Ron background story
6:48 Money as tool basics
9:15 401k issues explained
11:51 Tax quadrants buckets
15:44 Investment strategies
18:21 Team building advice
23:48 US debt clock warning

This episode is a reading from Karalynn's latest book, Trust Your Gut.

Roofer Danny inks a sweet roof gig in 2019. Then the pandemic hits, pushes start to 2021 with 30% material spikes and zero crew available.

No escape clauses?

As he tries to save his business, the homeowner slaps him with a fifty thousand dollar lawsuit. And a default judgment tanks the business.

Don't be Danny!

Add provisions for price hikes, weather, labor crunches, sickness, outages, disasters; and use change orders to shift timelines and costs. Set hard expectations upfront, add an escape hatch. Bottom line: Protect your biz before surprises bury you!

Grab Karalynn's new book Trust Your Gut here.

Follow Karalynn Cromeens on Facebook here.

Follow Karalynn Cromeens on Instagram here.

Follow Karalynn Cromeens on LinkedIn here.

Watch the show on YouTube here.

Learn more about The Cromeens Law Firm here, and subscribe to our newsletter!

Key Takeaways

1. Include clauses for price increases and delays

2. Materials labor weather hit projects hard

3. Change orders adjust terms when needed

4. Homeowner pays extras beyond control

5. No provision means you lose money or business

Timestamped Overview

0:25 Chapter 9 starts
2:15 Danny walks away
4:32 Contract clause need
7:02 Price increases detail
9:27 Example contract language

This episode is a reading from Karalynn's latest book, Trust Your Gut.

Contractor Randy promises a tight custom home finish. The supply chain has other plans. Then the Texas freeze blows it past summer. Homeowners rack up extra rent, school tuition, mortgage, and sue for damages.

The settlement bleeds Randy cash. Don't make this mistake.

Quote estimated dates, not guarantees. Pad buffers, quote longer, and finish early like a boss. Blast regular updates, tie payments to phases, add non-consequential damages clause.

Moral of the story: Under-promise, over-deliver. Keep projects on track, clients happy, and lawsuits away!

Grab Karalynn's new book Trust Your Gut here.

Follow Karalynn Cromeens on Facebook here.

Follow Karalynn Cromeens on Instagram here.

Follow Karalynn Cromeens on LinkedIn here.

Watch the show on YouTube here.

Learn more about The Cromeens Law Firm here, and subscribe to our newsletter!

Key Takeaways

1. Include clauses for price increases and delays

2. Materials labor weather hit projects hard

3. Change orders adjust terms when needed

4. Homeowner pays extras beyond control

5. No provision means you lose money or business

Timestamped Overview

0:25 The saga begins
2:15 Danny walks away
4:32 Contract clause need
7:02 Price increases detail
9:27 Example contract language