#195: Jerry Vinson: Know your Financial Freedom Number

<p><strong>OVERVIEW:</strong></p> <p><span style="font-weight: 400;">Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and host of the</span> <em><span style= "font-weight: 400;">Healthcare Entrepreneur Academy</span></em> <span style="font-weight: 400;">podcast talks with Jerry Vinson, CRNA, and creator of the Live Wealthy Formula. Jerry looks back on the events that led him to start his current business and shares his thoughts on several wealth creation strategies.</span></p> <p> </p> <p><strong>EPISODE HIGHLIGHTS:</strong></p> <ul> <li><span style="font-weight: 400;">Jerry got his hard work ethic and entrepreneurial mindset from his dad.</span></li> <li><span style="font-weight: 400;">He double-majored in chemistry and psychology. He became a nurse practitioner and then a CRNA, but that left him with a loan debt of $205,000.</span></li> <li><span style="font-weight: 400;">After getting burned out, Jerry educated himself on personal finance, money management, and wealth creation strategies.</span></li> <li><span style="font-weight: 400;">Know your financial freedom number and then work towards it to create the life you desire. </span></li> <li><span style="font-weight: 400;">Jason and Jerry share their thoughts on Dave Ramsey and Robert Kiyosaki.</span></li> <li><span style="font-weight: 400;">Jerry talks about whole life and term life policies as a wealth creation strategy.</span></li> <li><span style="font-weight: 400;">He presents the advantages of alternative investing like cryptocurrency and discusses IRAs as well, including using an IRA to invest in crypto. </span></li> <li><span style="font-weight: 400;">Jerry doesn’t invest in stocks because he hasn’t been able to beat the market.</span></li> <li><span style="font-weight: 400;">Jason and Jerry highlight why business is a wealth-building and retirement vehicle.</span></li> <li><span style="font-weight: 400;">Jerry shares an overview of his Live Wealthy Formula program. It starts with having the right mindset. Steps 1 and 2 are about money managemen