The Financial Purpose Podcast

In Episode 93, Dale Shafer gets real about the uncomfortable truths in traditional financial advising. After a recent client conversation that questioned the value of personalized advice versus a low-cost online investment platform, Dale breaks down exactly what makes Life Moves Wealth — and the BOSS Method — different. He dives into what real financial planning looks like: aligning your wealth with your life purpose,...

In this episode, Dale welcomes a very special guest—Carl Richards of The Behavior Gap. Known for his New York Times column and iconic financial sketches, Carl shares the story behind his new book, Your Money: Reimagining Wealth Through 101 Simple Sketches. Together, Dale and Carl explore the emotional and behavioral side of money, the illusion of financial certainty, and the importance of starting meaningful conversat...

In this episode of the Financial Purpose Podcast, Dale Shafer dives into one of the most overlooked yet critical aspects of long-term financial planning: estate plan coordination. From outdated beneficiaries to unfunded buy-sell agreements and tax-conflicting trusts, Dale shares real-world stories that illustrate how uncoordinated estate documents can unravel decades of planning. Whether you’re a business owner or hig...

In Episode 90 of the Financial Purpose Podcast, Dale Shafer wraps up the B.O.S.S. Method series with the final “S”—Succession. If you’re a business owner thinking about what comes next, this episode is your guide. Dale breaks down the emotional and strategic steps of succession planning, from defining your post-exit purpose to maximizing business value and creating a tax-efficient transition. W...

In episode 89 of the Financial Purpose Podcast, Dale breaks down the third stage of the BOSS Method—Secure—and explains why business owners must shift their perspective from operator to investor. From developing strategic plans to scale sustainably, to separating operational and growth capital, Dale dives deep into the systems, structures, and financial forecasts that create long-term business ...

In this episode, Dale continues the breakdown of the BOSS Method—the business owner strategic success framework—by focusing on the “O” for Optimize. From cleaning up cash flow and building financial reserves to entity structure, proactive tax planning, KPI dashboards, and risk management, Dale shares how business owners can increase profitability, reduce risk, and align their business and personal financial lives. If ...

In Episode 87, Dale breaks down the “B” in B.O.S.S.—Build—the first stage of his Business Owner Strategic Success Method. From aligning personal and business finances to managing risk and planning for long-term value, this episode lays the foundation for business owners who want to grow real wealth, not just revenue. Dale shares how traditional financial advice often fails entrepreneurs and exp...

In this episode, Dale Shafer tackles the rise of viral financial advice spreading across TikTok, Instagram, and other platforms—and why most of it is dangerously misleading. From claims about getting rich through UGMA accounts and writing off your life through an LLC, to the false promises of whole life insurance as an investment, Dale breaks down five of the most common and misleading money myths making the rounds. H...

Opportunity cost is one of the most powerful — and most overlooked — factors in your financial life. In this episode, Dale takes the “Where Should Your Next Dollar Go?” conversation to the next level. He dives into the unseen tradeoffs behind every decision — whether it’s paying off debt, investing in your business, or spending time on low-value tasks. Discover how to think more strategically about your money, time, a...

In this powerful episode, Dale Shafer sits down with John Morris—entrepreneur, podcaster, and author of 10 Minutes Early: How I Earned a Life No One Gave Me. John shares how he built PHP Commercial Painting from his garage into a multimillion-dollar business by hiring formerly incarcerated individuals and giving them not just a job, but a future. Together they explore the meaning of leadership, personal transformation...

In this milestone episode, Dale celebrates 10 years in the financial advisory business and shares 10 powerful lessons learned along the way. From understanding why behavior matters more than market trends, to the value of ongoing planning and building a business with integrity, this episode is packed with personal insights and professional wisdom. Whether you’re a business owner, an aspiring financial planner, or some...

Are you feeling stuck in the daily grind of your business? In this episode of the Financial Purpose Podcast, Dale Shafer dives into the burnout cycle that so many business owners face—especially mid-year—and shares practical strategies to escape it. From shifting into a leadership mindset to tracking KPIs and systematizing operations, Dale reveals how to stop working in your business and start working on it. Plus, lea...

In Episode 81, Dale Shafer walks you through the critical question many clients are asking: “Where should my next dollar go?” Whether you’ve received a bonus, a tax refund, or just have extra cash flow, Dale outlines 10 simple and powerful steps to help you prioritize and take control of your financial future. From tracking your net worth and building a cash reserve to eliminating high-interest debt and investing with...

In this milestone 80th episode, Dale dives deep into one of the most crucial tools for any business owner: the KPI dashboard. Building off the previous episode on operating capital, Dale breaks down the four key categories of KPIs every business should be tracking—regardless of industry. From revenue growth to profitability, operations to exit strategy, this episode walks you through exactly what to measure, why it ma...

In this episode of the Financial Purpose Podcast, Dale sits down with Abran Vegas of Lazear Capital to talk about the financial engine that drives every business: working capital. They dive deep into how business owners can better manage their cash, improve operational efficiency, and avoid the common pitfalls that lead to financial strain—even when a business is profitable on paper.

In Episode 78 of the Financial Purpose Podcast, Dale breaks down the potential financial impact of the new tariffs set to take effect on “Liberation Day,” April 2, 2025. From the automotive industry to fuel prices, construction materials, and everyday consumer goods, these tariffs could reshape your budget, investment strategy, and business decisions. Dale offers a nonpartisan look at what’s driving the policy, what i...

Too many business owners treat their company like a high-paying job — not an asset. In Episode 77, Dale officially launches The B.O.S.S. Method™ (Business Owner Strategic Success), a trademarked framework that helps entrepreneurs tie together their personal and business finances to build real wealth, not just revenue.

Dale breaks down each stage of the B.O.S.S. acronym:

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In this episode of the Financial Purpose Podcast, Dale breaks down the recent market selloff and why uncertainty around tariff policies is making investors uneasy. He shares insights from his latest client newsletter, covering trade deficits, economic trends, and what history tells us about market downturns and recoveries. Dale also discusses why having a strategic financial plan is crucial—especially when volatility ...

In Episode 75 of the Financial Purpose Podcast, we dive into the critical role of financial and exit planning—why business owners should start early and how these strategies impact long-term financial security. Host Dale Shafer shares insights from the Business Transition Summit, defining key terms like financial planning, exit planning, tax planning, and estate planning. He also dispels common misconceptions, explain...