Bruce Breedlove: Financial Coach Helping Real Estate Agents Real Estate Excellence

How can real estate agents break the cycle of feast or famine in their business and build lasting wealth?
 
In this insightful episode of the Real Estate Excellence podcast, host Tracy Hayes sits down with Bruce Breedlove, a millionaire real estate investor and co-founder of Align Money Mastery. Breedlove shares his remarkable journey from humble beginnings to financial success, highlighting the importance of financial literacy and discipline. He offers invaluable advice for real estate agents on how to manage their finances effectively, run their business like a true business, and invest wisely to secure their financial future. Breedlove also shares his thoughts on the current economic climate and its impact on both investors and the average consumer.
 
Bruce  has a passion for helping individuals clarify their goals and create a financial plan to reach them. As a financial mentor, he is committed to providing the necessary tools to become fluent in the "Money" language. There is a ton of noise out there, and it can be overwhelming. He will walk alongside his clients through this journey, and by the time they have completed the Mastery Class, they will possess all the information needed to make sound financial decisions for themselves, their families, and their friends. Gaining control of one's financial world can lead to astonishing life improvements. The freedom and peace it brings are immeasurable. He has been helping people gain clarity around their finances for 9 years. Recognizing an unmet need in society, he created Align to assist further.
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00:00:00 - 00:11:59 The Millionaire Mindset: Bruce Breedlove's Journey to Financial Success
 
Breedlove's decision at 17 to learn how money works and become successful
The importance of starting early and investing consistently, even with small amounts
The lack of financial literacy among many adults, including real estate agents
 
00:12:00 - 00:29:59 The Pitfalls of Debt and the Power of Intentional Spending
 
The dangers of using home equity to pay off high-interest debt without addressing spending habits
The impact of depreciating assets, like boats and RVs, on one's financial well-being
The importance of aligning spending with long-term financial goals
 
00:30:00 - 00:52:59 Running Your Real Estate Business Like a True Business
 
The benefits of setting up an LLC and filing as an S-corp for tax purposes
Effectively managing income and expenses using a simple spreadsheet system
The importance of having a business emergency fund and paying yourself a consistent salary
 
00:53:00 - 01:11:59 Investing for Financial Independence and Early Retirement
 
The power of dividend investing to generate passive income and build wealth
The importance of avoiding lifestyle inflation and focusing on appreciating assets
How Align Money Mastery helps clients achieve financial independence through personalized coaching
 
01:12:00 - 01:25:00 Navigating the Current Economic Climate: Inflation, Interest Rates, and the Tale of Two Investors
 
The impact of quantitative easing and tightening on inflation and asset prices
The differing effects of inflation on investors versus the average consumer
The importance of the Federal Reserve maintaining higher interest rates to control inflation, despite potential short-term pain
 
Quotes:
 
"The math is unforgiving. The math doesn't care how you feel." - Bruce Breedlove
 
"If you're finding yourself getting further and further away from financial independence, change something. And if you're more and more stressed about paying your bills or running your business, you're doing something incorrectly. It doesn't have to be that way." - Bruce Breedlove
 
Connect with Bruce:
 
Website: https://www.alignmoneymastery.com
Youtube: https://youtube.com/@alignmoneymastery?si=9MpfW4y4X8o8NJA6
 
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