Creating a Floor to Take Financial Risk

Taking risks with your money, career, or life goals isn’t easy, especially if you don’t feel secure. In this episode, Tim Ulbrich, PharmD, explores how to build both the financial and emotional foundation you need to step out of survival mode and start taking calculated risks with confidence.

You’ll learn:

✅ Why having a financial “floor” is essential before taking risks
✅ How emotional security plays into financial decision-making
✅ Practical steps to create stability so you can pursue opportunities
✅ The balance between playing it safe and going after bold goals

Whether it’s investing, starting a new business venture, or chasing a dream, this conversation will help you create the security you need to move forward.

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▶️ Chapters
00:00 Introduction to Financial Freedom
00:13 The Importance of Taking Calculated Risks
01:09 Building Your Financial Floor
02:28 Components of a Financial Floor
05:42 The Power of a Strong Financial Foundation
09:40 The Emotional Floor: Mindset and Belief
11:17 Conclusion and Encouragement

📝 Disclaimer
The content in this podcast is provided to you for your informational purposes only and is not intended to provide, and should not be relied on for, investment or any other advice. Information in this video and corresponding materials should not be construed as a solicitation or offer to buy or sell any investment or related financial products. We urge listeners to consult with a financial advisor with respect to any investment. Furthermore, the information contained in our archived newsletters, blog posts, videos and podcasts is not updated and may not be accurate at the time you listen or read. Opinions and analyses expressed herein are solely those of Your Financial Pharmacist (unless otherwise noted) and constitute judgments as of the dates published. Such information may contain forward-looking statements, which are not intended to be guarantees of future events. Actual results could differ materially from those anticipated in the forward-looking statements.