In this episode of WIN: What’s Important Now, we explore the captivating history of currency—from ancient coins to today’s digital assets. Through stories of iconic currency imagery and milestones like the gold standard, we reveal how money has shaped societies and economies.
We’ll also connect these historical shifts to modern investing, discussing how currency changes, inflation, and the rise of digital assets impact personal finance today. Join us to uncover what money’s past can teach us about protecting and growing wealth in the present.
In this episode of WIN: What’s Important Now, we explore the power of relationships as an investment with long-term dividends. Drawing from the work of Robert Putnam, we dive into the concept of social capital, the value that comes from our networks, and how investing in personal and professional relationships can lead to greater financial, career, and personal success. Just like financial capital, social capital grows over time, offering returns in the form of opportunities, trust, and collaboration. Whether through mentorship, networking, or simple reciprocity, the relationships we nurture today have the potential to transform our futures.
We’ll also take a look at the ways social capital influences financial outcomes, from expanding career opportunities to gaining access to valuable resources. In a world that’s increasingly digital, we examine how authentic connections can still thrive and deliver returns, both personally and professionally. Tune in to learn practical steps for building and leveraging social capital, and why these intangible investments may be among the most important you make for the future.
Religion, politics, and money are three words that often produce strong emotions and opinions in people.
These words are also closely connected in many aspects of our lives, from our social interactions to our economic decisions.
How do we navigate these controversial topics in a respectful, informed, and beneficial way?
In this episode, Corey Heimensen analyzes three powerful words: Religion, Politics, and Money from his book “Stop Doing Dumb Things With Your Money.” Corey uses these words to describe the importance of making informed financial decisions, the power of faith in investing, and the significance of enjoying one’s wealth. Additionally, Corey also emphasizes the importance of education and shares how crucial it is to be optimistic in life.
Corey discusses:
The concept of faith and how it relates to investing and relationships
The relationship between optimism and happiness
The significance of being an opportunist and seizing opportunities
The importance of spending and enjoying money and assets
The long-standing tradition of avoiding discussions about politics
Having a solid financial plan is essential for achieving financial freedom. And we understand that many require assistance to develop a successful one.
Thankfully, there are numerous books available to help us comprehend the importance of financial planning and guide us on how to get started.
Today, we dive deep into one such book.
In this episode, Corey Heimensen shares 11 takeaways from the book “The One Page Financial Plan” by Carl Richards and leads an exercise on creating a one-page financial plan.
Corey discusses:
11 key takeaways from “The One Page Financial Plan” book
Why people need to think about and identify “Why is money important to you?”
Reasons why you shouldn’t obsess over goals
The importance of being aware of how you spend and what you’re spending on every month
Why you should invest like a scientist
Creating a one-page financial plan in three steps
The importance of estimating cash flow needed in retirement and types of debts to include in a one-page financial plan
How having a financial advisor can be a game changer for your financial future
Working with qualified people is essential. But to level up, it is crucial to work with people who take the time to get to know you.
In this episode of The WIN Podcast, What’s Important Now, Corey Heimensen explains the types of advisors in the financial industry and why it’s important to work with the ones whom you can have a more personal connection with and how that can help you succeed, both financially and personally.
Corey discusses:
The four types of advisors in the financial industry and the ways they are represented in a pyramid
The importance of making small steps to level up in life
A true understanding of fulfillment and how it relates to leaving a legacy
The value of teaming up with those who understand your goals before helping you with your finances
When we reach a certain age or stage in life, we start to think about leaving our belongings to our children or any other person who, according to us, deserves it.
But sometimes, this process is not always in a straight line and can entail many conditions that must be respected.
In this episode of The WIN Podcast, What’s Important Now, Corey Heimensen dives into the aspect of conditional giving and connects it to the Super Bowl in six steps. Additionally, Corey explains the implications of conditional giving for the parties involved and some examples.
Corey discusses:
The concept of conditional giving
Why your children must have a positive experience in investing so they can contribute to their long-term goals
How the course of giving or passing wealth to children varies depending on the parents
The effects of inheriting money at a young age without the proper wisdom
In the last episode of The WIN Podcast, Corey Heimensen committed to asking his clients about their biggest concerns.
Since then, he has asked 26 clients from 26 different states about what issues keep them awake at night.
In this episode of The WIN Podcast, What’s Important Now, Corey Heimensen answers these questions and provides his personal as well as professional views on them.
Corey answers questions about:
Taxes in different states
Bitcoin and his view on cryptocurrencies as an investment
Transferring assets and gifting money to family members
When it comes to interacting with clients, understanding their biggest concerns or fears and helping them overcome those issues is essential in increasing their probability of success.
In this episode of The WIN Podcast, What’s Important Now, Corey Heimensen shares his new commitment to providing more value to his clients, showing that he and his team are not just advisors but they are genuinely interested in their well-being.
Corey discusses:
Why setting a goal and partially achieving it is already a big step toward success
How he plans to add more value by tackling his clients’ biggest concerns in life
The reasons why our worries change as we age
The importance of living life and getting new experiences
Are you ever curious to find out how financial advisors would invest for themselves?
The short answer is: It’s a whole process, where the most important thing is to be consistent and responsible.
In this episode of The WIN Podcast, What’s Important Now, Corey Heimensen gives some details on how he manages his own investments as well as what should be considered when controlling our finances.
Corey discusses:
The importance of having a process in serious life matters and a personal story that illustrates this
His three-step system when it comes to investing
Why we should balance our finances and diversify our investments
The importance of trusting the experts and professionals who can guide us with our finances
There are often many lessons in previous historical events that can be implemented in today’s day to improve people’s lives or even help them achieve their goals.
In this episode of The WIN Podcast, What’s Important Now, Corey Heimensen sits down with Zed Heimensen to discuss how the Black Plague and the history behind anesthesia can be related to the behavior people have today when making important financial decisions.
Corey & Zed discuss:
A summary of what the Black Plague was and how this epidemic can be related when we make decisions out of panic in the market
Why the Black Plague increased the number of lawyers
How anesthesia was first used in medicine and how this story relates to clients’ relationships with Heimensen Wealth Advisors
The importance of appreciating modern improvements
Zed Heimensen, a Morningside University graduate, began working at Heimensen Wealth Advisors in May 2022. Zed graduated with a bachelor’s degree in Finance while serving as the university’s investment club president. During his time at Morningside, Zed gained extensive knowledge within the finance industry via internships in Security National Bank’s Wealth Management Department and at Heimensen Wealth Advisors.
Zed values the importance of each client’s life story while understanding how these different paths can impact the short- and long-term financial goals of every individual client. With this in mind, Zed’s goal is to become an advisor so he can advise clients and prospects and prepare financial plans. At the same time, he looks to build sincere client relationships while keeping things light-hearted.
Outside of work, Zed enjoys reading, spending time with his family and friends, and watching movies. He is also an avid sports fan, hoping he can see the Minnesota Vikings win a Super Bowl at some point in his life.
