Wealth Building for Business Owners with Shalaree Lamboy

Amanda welcomes Shalaree Lamboy, a wealth educator who helps families and business owners think more intentionally about money. Together, they unpack why higher income does not automatically create wealth, how to make savings a priority, and which practical numbers can help you understand your financial runway. Chapters: 00:00 Why subconscious money goals need specific numbers 02:43 Shalaree’s path from an entrepreneurial family to wealth education 04:12 Why higher income alone doesn’t create wealth 07:03 The trade-offs that can come with earning more 09:13 The 10-year money question and business-owner liquidity 12:18 Why facing your statements can change your financial direction 15:27 The four-part Path of Money 18:06 Save intentionally and spend on what matters 23:10 Savings, liquidity, and Shalaree view of whole life insurance 27:09 Track net worth, passive income, and your freedom number 30:09 Calculate burn rate and days of liquidity 33:08 Building for tomorrow without giving up today Connect with Shalaree: Website: https://shalareelamboy.com/ Instagram:   / shalaree_lamboy