The Entrepreneurial Spirit: Lessons from Childhood with Sally Gimon. Episode 365

Free class on The Great Discover is at www.SallyGimon.comCalander:  https://www.thetrustisyou.com/scheduling https://www.facebook.com/TheTrustisyou/ https://www.linkedin.com/in/sallygimon/ https://www.instagram.com/sallygimon/ https://twitter.com/GimonSally https://www.tiktok.com/@spendthrifttrust https://www.youtube.com/@sallygimon?sub_confirmation=1 www.TheTrustIsYou.comSummaryIn this engaging conversation, host Sam Knickerbocker interviews Sally Gimmon, who shares her vibrant life story, from her early entrepreneurial spirit as a child to her diverse career experiences, including her time in the Peace Corps.Sally discusses her transition into real estate and tax lien investing, providing insights into the ethical considerations of her work. The conversation highlights the importance of financial education and the impact of cultural exposure on personal growth.In this conversation, Sam Knickerbocker and Sally Gimon delve into the complexities of real estate investing, family dynamics, and the challenges of taxation. They explore personal anecdotes, the impact of financial decisions on family relationships, and the intricacies of navigating tax liens and trusts.Sally shares her journey into real estate, highlighting significant profits and the lessons learned from overcoming financial hurdles. The discussion also touches on the skepticism surrounding tax strategies and the importance of understanding legal frameworks in wealth building. In this conversation, Sally Gimon and Sam Knickerbocker delve into the intricacies of grantor and non-grantor trusts, discussing their importance in estate planning and privacy.They explore the ongoing maintenance and costs associated with trusts, as well as resources available for individuals looking to educate themselves on trust planning. Real-life success stories highlight the financial benefits of utilizing trusts, emphasizing the significance of legacy beyond mere wealth. The discussion concludes with final thoughts on taking action towards financial education and planning for the future.TakeawaysSally's vibrant personality and energy are infectious.The importance of financial education is often overlooked.Early entrepreneurial experiences shape future career paths.Traveling can significantly broaden one's perspective.The Peace Corps experience can be life-changing and educational.Understanding tax liens is crucial for real estate investing.Ethics in investing can be complex and subjective.Networking and relationships are key in real estate.Sally's journey reflects resilience and adaptability.Investing in tax liens can be profitable but requires careful consideration. Sally's mother had strong opinions about her real estate work.Navigating family dynamics can complicate financial decisions.Tax liens can be profitable...