Change is inevitable. It happens, and there is not much that can be done to steer the direction it will take. Change is hard, and many people resist it. But change is an opportunity, and those who accept it, learn from it, and move with it can take advantage in ways that were never available before.

In this episode of Compounding Change, host Shannon Davis welcomes back Leadership coach Jenna Stoliker. Together, they discuss the challenges and resistance faced by individuals, particularly first responders, when it comes to financial change.

They explore the psychological aspects of why people resist change, the importance of mindset shifts, and how to reframe financial decisions as opportunities rather than threats. The conversation emphasizes the need for alignment with financial advisors and the value of community support in navigating financial uncertainties.

Takeaways

-Resistance to change is a common human experience.

-Predictability is crucial in high-stakes environments like firefighting.

-Uncertainty triggers resistance in financial decision-making.

-Asking for help can be met with internal resistance.

-Mindset shifts are essential for navigating financial changes.

-Reframing change as an opportunity can reduce fear.

-Surrounding yourself with supportive people is vital.

-Alignment with financial advisors is key to effective planning.

-Small consistent actions lead to significant results.

-Continuous learning is necessary for effective financial guidance.

Chapters

00:56 Introduction

02:16 Frustrations with Financial Planning Changes

10:55 Step by Step Process

15:55 Resistance to Change

19:14 The Right People On Your Team

23:41 Conclusion and Contact Information

Helpful Links:

Jenna Stoliker: https://jennastoliker.com/

Shannon Davis: https://www.daviscompoundingchange.com/

Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions.

Securities offered through Cambridge Investment Research, Inc., a registered

Broker/Dealer, Member FINRA/SIPC.

Investment Advisory Services are offered through Retirement Plan Advisors, LLC, a Federally Registered Investment Adviser. Cambridge Investment Research and Retirement Planning Advisors are not related to DavisCompoundingChange.com or this podcast.

Please note that investment involves risk, and no statements made in this recording are indicative of future performance.

The Compounding Change Podcast is brought to you by Shannon Davis

Being a firefighter takes a toll on more than just your health, which is significant for anyone who has seen a firefighter do their thing. It also affects your mental health, and it affects your family relationships. We always expect firefighters to take care of us. Who is taking care of them?

In this episode of Compounding Change, host Shannon Davis speaks with Jim Burneka, a retired firefighter and author of 'Overcoming Tuesday.' They discuss Jim's journey through the challenges of firefighting, including personal trauma, health risks, and the importance of resilience and wellness.

Jim shares insights on navigating career transitions, planning for retirement, and the dynamics within the firefighting community. The conversation emphasizes the need for awareness around mental health and the impact of personal experiences on professional life, and how professional experiences absolutely impact the personal life, especially as a firefighter.

Helpful Links:

Jim Burneka: jimburnekajr@gmail.com

Overcoming Tuesday Book: https://www.amazon.com/Overcoming-Tuesday-Responders-Healing-Resiliency/dp/B0CYMZ228H

Shannon Davis: https://www.daviscompoundingchange.com/

Takeaways

-Firefighting presents unique challenges that can lead to personal struggles.

-Health risks, including cancer, are significant concerns for firefighters.

-Wellness initiatives are crucial for supporting firefighters' mental health.

-Planning for retirement is essential, especially in high-risk careers.

-Navigating career transitions can be challenging but rewarding.

-Community support is vital in the firefighting profession.

-Vulnerability can enhance the ability to help others.

-Personal experiences shape professional perspectives and actions. Divorce rates are high -among firefighters due to job stress.

-Communication with partners is crucial for relationship health.

-Radical acceptance can lead to positive life changes.

-Being present for family is a valuable outcome of retirement

Chapters

00:56 Introduction to Compounding Change Podcast

02:37 Impact of Firefighting and Writing the Book

07:37 Hard Reality of Being a Firefighter

15:50 Advocating for Health and Wellness for Firefighters

37:17 Life After Firefighting

40:38 Relevant Podcasts

47:07 Jim Burneka Contact info and Conclusion

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Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions.

Securities offered through Cambridge Investment Research, Inc., a registered

Broker/Dealer, Member FINRA/SIPC.

Investment Advisory Services are offered through Retirement Plan Advisors, LLC, a Federally Registered Investment Adviser. Cambridge Investment Research and Retirement Planning Advisors are not related to DavisCompoundingChange.com or this podcast.

Please note that investment involves risk, and no statements made in this recording are indicative of future performance.

The Compounding Change Podcast is brought to you by Shannon Davis

Financial planning isn’t just about numbers. It’s about people. And when those people are first responders, well the job of a financial planner just got that much more critical. When you know who you are planning for, what matters to them, and why, then you can really make an impact with a strong financial plan. It matters, because the people we count on in moments of crisis, are counting on us.

In this episode of Compounding Change, host Shannon Davis engages with financial advisors Ed Kindler and Phil Holstrom of Retirement Plan Advisors to discuss their experiences working with firefighters and police officers. They explore the unique challenges these professionals face, the importance of understanding their roles, and the significance of retirement planning for these unique individuals who give so much of their lives toward our safety.

Helpful Links:

Ed Kindler, Retirement Plan Advisors: https://retirementplanadvisors.com/meet-our-team/edward-kindler/

Phil Holstrum, Retirement Plan Advisors: https://retirementplanadvisors.com/meet-our-team/phil-holstrom/

Shannon Davis: https://www.daviscompoundingchange.com/

Takeaways

-The role of financial advisors extends beyond just retirement plans.

-Understanding the unique challenges faced by firefighters is crucial.

-Firefighters contribute significantly to their retirement savings.

-Building trust with clients is essential for effective financial advising.

-Financial education is lacking in many communities.

-Small increases in contributions can lead to substantial retirement savings.

-It’s important to review and update financial plans regularly.

-Firefighters often face intense situations that impact their financial decisions.

-The importance of being proactive in financial planning cannot be overstated.

-Advisors should focus on providing unbiased financial advice. Accessibility is crucial for clients, especially firefighters.

-Social security planning requires personalized attention and education.

Chapters

00:58 Introduction to Compounding Change Podcast

03:28 Understanding the Role of Financial Advisors for Firefighters

06:47 Insights from Fire Ops Training

12:01 Core Messages for Firefighters

18:29 Building Trust with Firefighters

25:55 The Importance of Social Security Planning

29:46 Timing Social Security Benefits

31:44 The Risks of Financial Rollovers

36:35 The Role of Financial Advisors

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Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions.

Securities offered through Cambridge Investment Research, Inc., a registered

Broker/Dealer, Member FINRA/SIPC.

Investment Advisory Services are offered through Retirement Plan Advisors, LLC, a Federally Registered Investment Adviser. Cambridge Investment Research and Retirement Planning Advisors are not related to DavisCompoundingChange.com or this podcast.

Please note that investment involves risk, and no statements made in this recording are indicative of future performance.

The Compounding Change Podcast is brought to you by

There is change in any professional career. If you're not evolving, the career will leave you behind. In no profession is this more true than in real estate. Technology, economical conditions, marketing trends, etc. The same goes for someone buying or selling a home. It's different than it was the last time you did it. Either way, it's better to stay on top of the changes that happen around you. Because if you try to catch up later, it might be too late.

In this episode of Compounding Change, host Shannon Davis speaks with Rich Ganim, a seasoned realtor and founder of The Ganim Group, about his journey into real estate, the importance of hard work, and the evolving landscape of homeownership.

Rich shares insights on building his business, the significance of education in home buying, and practical advice for young adults preparing for homeownership. The conversation emphasizes the need for gradual growth and the realities of the current real estate market, including the pros and cons of renting versus buying, the importance of home staging, and the lifestyle implications of real estate transactions.

They also touch on the significance of maintaining health while managing a busy career and family life, emphasizing that personal well-being is crucial for success in all areas of life.

Takeaways

-Success is a gradual process, often taking years of hard work and dedication.

-The real estate market has changed significantly since the early 2000s, affecting first-time homebuyers.

-Education about homeownership is crucial for younger generations.

-Renting can be a practical choice for many, allowing for financial preparation before buying a home.

-The average first-time homebuyer is now older than in previous generations, often due to market conditions.

-Investing in real estate requires financial preparedness.

-Home staging can significantly impact the sale of a property.

-The way we live in a home differs from how we sell it.

-Health should be prioritized alongside work and family.

-Finding time for personal health is essential for overall success.

-Small, consistent actions lead to big results.

Chapters:

01:00 Introduction to Compounding Change

03:18 Changes in Real Estate

09:33 The Hard Work Behind Success

17:14 Preparing for Homeownership

27:11 Preparing to Sell a Home

34:16 Balancing Health and Work

39:25 Connecting with Rich Ganim

Helpful Links:

Rich Ganim: https://theganimgroup.com/

Shannon Davis: https://www.daviscompoundingchange.com/

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Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions.

Securities offered through Cambridge Investment Research, Inc., a registered

Broker/Dealer, Member FINRA/SIPC.

Investment Advisory Services are offered through Retirement Plan Advisors, LLC, a Federally Registered Investment Adviser. Cambridge Investment Research and Retirement Planning Advisors are not related to DavisCompoundingChange.com or this podcast.

Please note that investment involves risk, and no statements made in this recording are indicative of future performance.

The Compounding Change Podcast is brought to you by Shannon Davis

Wanting to be healthy is one thing. Knowing how to be healthy is another thing. But taking the first step toward a healthy lifestyle is something else entirely. It's not easy to make changes, but a few steps toward positive change today can add up to big changes in the future. Like investing, compounding change is at work in your health, too.

In this episode of Compounding Change, Shannon Davis speaks with Julie Smolen, Integrative Health Practitioner and founder of Holistic Hive about her transformative journey through health and fitness. They discuss the importance of small, intentional actions in creating compound changes in life.

Julie shares her experiences with fitness, health challenges, and the discovery of natural remedies, particularly essential oils, that have empowered her and her family. Shannon and Julie talk about the importance of eliminating toxins from the home, the role of nutrition as medicine, and the connection between gut health and mental well-being.

They emphasize the need for exercise and a holistic approach to health, particularly as it relates to aging and women's health issues. The discussion also touches on the impact of dietary choices on long-term health and the importance of planning for a healthy future.

Takeaways

-Small actions lead to big results in health and life.

-Health is not just about diet and exercise; it's holistic.

-Natural remedies can significantly improve well-being.

-Creating a healthy home environment is essential for families.

-Eliminating toxins from the home is crucial for health.

-Food should be viewed as medicine, focusing on whole foods.

-Mental health can be influenced by dietary chemicals.

-Gut health is linked to neurological conditions like Parkinson's.

-Regular exercise is essential for maintaining health as we age.

-Dietary choices today affect long-term health outcomes.

-Awareness of food's impact on health is vital for families.

-Small, consistent changes lead to significant health improvements.

-Listening to your body is important for overall wellness.

-Planning for health is as important as financial planning for retirement.

Chapters

01:35 Introduction to Compounding Change

04:39 Julie Smolen's Transformative Journey

06:51 Health and Fitness Competition

10:28 Facing Health Challenges

15:53 Discovering Natural Remedies

22:22 Eliminating Toxins for Better Health

25:58 Food as Medicine: The Importance of Nutrition

28:48 The Role of Exercise in Health and Longevity

34:04 Planning for a Healthy Future

Helpful Links: Juli Smolen: https://julismolen.lifestepseo.com/

Shannon Davis: https://www.daviscompoundingchange.com/

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Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions.

Securities offered through Cambridge Investment Research, Inc., a registered

Broker/Dealer, Member FINRA/SIPC.

Investment Advisory Services are offered through Retirement Plan Advisors, LLC, a Federally Registered Investment Adviser. Cambridge Investment Research and Retirement Planning Advisors are not related to DavisCompoundingChange.com or this podcast.

Please note that investment involves risk, and no statements made in this recording are indicative of future performance.

The Compounding Change Podcast is brought to you by Shannon Davis

When you see those firemen at the intersection and you wonder what that's all about, it's about raising funds for the Muscular Dystrophy Association. How that works, what happens behind the scenes, and why it makes a difference that you help to "Fill the Boot" is the topic of this episode of the Compounding Change Podcast.

In this episode of Compounding Change, Shannon Davis speaks with Bill Matthews, the Ohio Association of Professional Firefighters (OAPFF ) State Representative for the Muscular Dystrophy Association (MDA).

They discuss the history and impact of MDA, the importance of fundraising efforts like the Fill the Boot campaign, and the significant advances in research and treatment for muscular dystrophy. Bill emphasizes the transparency of MDA's fundraising, where 70% of donations go directly to treatments and advocacy.

The conversation also touches on the mental health challenges faced by first responders and the need for support in addressing PTSD. And of course, the fact that your donations, no matter how small, are making a difference by "compounding change" over time.

Takeaways

-Compounding Change focuses on small actions leading to big results.

-MDA has been raising funds for muscular dystrophy since 1952.

-Fill the Boot is the largest fundraising event for MDA.

-70% of donations to MDA go directly to treatments and research.

-There have been 18 FDA-approved treatments for muscular dystrophy since 2020.

-Community engagement is crucial for effective fundraising.

-Mental health support for first responders is increasingly important.

-MDA coordinates care to make it easier for patients to access services.

-Transparency in fundraising is vital for donor trust.

-Advocacy for individuals with disabilities is a key part of MDA's mission.

Helpful Links:

Ohio Association of Professional Firefighters: https://oapff.org/

Muscular Dystrophy Association: https://www.mda.org/

Shannon Davis: https://www.daviscompoundingchange.com/

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Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions.

Securities offered through Cambridge Investment Research, Inc., a registered

Broker/Dealer, Member FINRA/SIPC.

Investment Advisory Services are offered through Retirement Plan Advisors, LLC, a Federally Registered Investment Adviser. Cambridge Investment Research and Retirement Planning Advisors are not related to DavisCompoundingChange.com or this podcast.

Please note that investment involves risk, and no statements made in this recording are indicative of future performance.

The Compounding Change Podcast is brought to you by Shannon Davis

It's hard to see the evidence in small changes on a day to day basis. But it's easy to look back over time and see what you've accomplished. And not a long time either, as age is not significant when it comes to change.

In this episode of Compounding Change, Shannon Davis speaks with Marcy Schoenborn, Author, and owner of Scho Fit, and a personal trainer and nutrition expert. They talk about the importance of small actions in achieving significant health and wellness results.

Marcy shares her personal journey of overcoming health challenges through nutrition and fitness, emphasizing that age is just a number and that it's never too late to start prioritizing health. The conversation covers the significance of mindset, the role of nutrition in health, and the importance of supplements, while also addressing the emotional aspects of making lifestyle changes.

Takeaways

-Focus on how you feel, not just how you look.

-Nutrition is foundational to health and fitness.

-Small actions can lead to significant health improvements.

-Mindset is crucial in overcoming health challenges.

-It's important to address emotional eating triggers.

-Supplements should complement a healthy diet, not replace it.

-Celebratory eating is okay; balance is key.

-Health is a lifelong journey, not a destination.

-You can start your health journey at any age.

-Helping others is a powerful motivator for change.

Helpful Links:

Scho Fit: https://www.scho.fit/

Shannon Davis: https://www.daviscompoundingchange.com/

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Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions.

Securities offered through Cambridge Investment Research, Inc., a registered

Broker/Dealer, Member FINRA/SIPC.

Investment Advisory Services are offered through Retirement Plan Advisors, LLC, a Federally Registered Investment Adviser. Cambridge Investment Research and Retirement Planning Advisors are not related to DavisCompoundingChange.com or this podcast.

Please note that investment involves risk, and no statements made in this recording are indicative of future performance.

The Compounding Change Podcast is brought to you by Shannon Davis

In this episode of Compounding Change, host Shannon Davis speaks with Lee and Ashlea Sikon, both military veterans and owners of North 41 CrossFit. Both have gone through considerable change, transitioning from the military to entrepreneurial efforts, while making sure life is getting paid for along the way.

They discuss their motivations for joining the military, the lessons learned from their service, and the importance of financial literacy for military personnel.

They also talk about their journey in building a CrossFit community, engaging in charitable efforts, and exploring innovative recovery solutions for veterans and first responders.

Takeaways

Having no backup plan can drive success.

Financial literacy is crucial for young soldiers.

TSP is a valuable resource for retirement.

Building a business requires community support.

Hero WODs honor fallen heroes through fitness.

Fundraising can make a significant impact.

Innovative treatments can aid in trauma recovery.

It's important to share helpful resources with others.

Helpful Links:

North 41 Crossfit: https://north41crossfit.com/

Davis Compounding Change: https://www.daviscompoundingchange.com/

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Discussions in this show should not be construed as specific recommendations or investment

advice. Always consult with your investment professional before making important investment

decisions. Securities offered through Cambridge Investment Research, Inc., a registered

Broker/Dealer, Member FINRA/SIPC.

Investment Advisory Services are offered through Retirement Plan Advisors, LLC, a Federally Registered Investment Adviser. Cambridge Investment Research and Retirement Planning Advisors are not related to DavisCompoundingChange.com or this podcast.

Please note that investment involves risk, and no statements made in this recording are indicative of future performance.

The Compounding Change Podcast is brought to you by Shannon Davis