#145: The Art of Values-Driven Financial Planning - Part 2 with Daniel Wrenne

In this episode, May and Tim interview Daniel Wrenne of Wren Financial Planning and discuss money mistakes and ways to plan for the future. They talk about the importance of financial planning and how it can be easy to overlook when you're young. They also mention some podcasts that they've listened to in the past that have helped them learn about financial planning. Overall, this episode is a great resource for anyone who wants to learn more about managing their money. Podcast links below!

About Daniel:

Daniel Wrenne is a dedicated Certified Financial Planner (CFP®) and the proud owner of his financial planning practice, Wrenne Financial Planning. With a passion for helping individuals optimize their financial resources to enhance their lives, Daniel strives to lead by example and empower others to do the same. His core values revolve around his unwavering faith in Christ and the unbreakable bond he shares with his loving family. In his leisure time, Daniel can be found engaging in spirited wrestling matches with his three boys, Noah, Henry, and Andrew, actively coaching soccer, and cherishing moments with his wife, Alison. Additionally, he harbors a notable affinity for hot sauce, which he proudly embraces as a delicious obsession.

When it comes to vacations, Daniel's heart lies in pursuits that involve skiing or fishing. The thrill of carving through snowy slopes or casting a line in tranquil waters resonates deeply with him, offering an escape and a chance to unwind. Furthermore, Daniel stands out due to his unique family dynamic, as he is one of eight siblings, with five sisters and two brothers. Embracing the joy of a large family, he appreciates the diversity and abundance of love that comes with it. As for transportation, Daniel cruises around in his fully loaded 2003 Toyota Avalon, ensuring a comfortable and reliable ride wherever his financial expertise takes him. Connect with Daniel and his team on their website. 

Links!

Grandpa’s Fortune Fables.  Here is a podcast where Daniel interviews the author: https://financeforphysicians.co/2022/12/13/using-fables-to-teach-children-and-parents-life-changing-money-lessons/

The Golden Quest Author Interview: https://financeforphysicians.co/2022/12/06/getting-your-kids-to-find-finances-interesting/

Looking for something specific? Here you go!

[00:00:00] Tim debunks financial success misconception

[00:00:24] May on retirement and financial planning

[00:01:24] Daniel's take on needing a financial planner

[00:02:27] Daniel on who benefits from financial planning

[00:03:00] Daniel likens financial planner to personal trainer

[00:04:00] May compares financial planner to doctor

[00:04:54] Daniel emphasizes importance of financial literacy

[00:06:00] Tim praises fee-only approach in planning

[00:08:00] Daniel explains fee-only vs. product sellers

[00:10:00] Participants discuss values-driven financial planning

[00:11:44] Daniel stresses aligning decisions with values

[00:13:00] Tim and May envision ideal day, long-term goals

[00:15:00] Tim explores money's significance in society

[00:18:00] Daniel cautions against overspending on material items

[00:19:00] May advocates sharing financial mistakes for honesty

[00:21:50] May asks for top mistakes and financial advice

[00:23:30] Daniel suggests "The Millionaire Next Door" and "The Wealthy Barber"

Our Advice!

Everything in this podcast is for educational purposes only. It does not constitute the practice of medicine and we are not providing medical advice. No Physician-patient relationship is formed and anything discussed in this podcast does not represent the views of our employers. 

The Fine Print!

All opinions expressed by the hosts or  guests in this episode are solely their opinion and are not to be used as specific medical advice.  The hosts,  May and Tim Hindmarsh MD, BS Free MD LLC, or any affiliates thereof are not under any obligation to update or correct any information provided in this episode. The guest's statements and opinions are subject to change without notice.

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