High Income, Still Feeling Stretched? 3 Things to Get Right
Episode Description
Mortgage. Tuition. Camp. The car. A repair you didn't plan for. If you're earning more than ever, saving for retirement and taking care of your family but still wonder where it's all going, this episode is for you.
Jason Blumstein, CFA has seen it in households earning over $500,000 a year. In Five Years In — Part 3 of 4: What High Earners Get Right and Wrong, he breaks down three patterns and how each one affects your ability to enjoy what you've earned.
In this episode
✔ When to ask for help, and why being great at your job doesn't mean you have time for every money decision
✔ The gap between what you earn, what you own and what you can actually use
✔ How to look at a home purchase beyond “I'm successful, so I should buy”
✔ How to enjoy what you can afford without the guilt
✔ The Bo Know$ rule: Know What's Committed
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Bo Know$: Know What's Committed
Before your next big financial commitment, look at what your income already supports: regular bills, annual costs divided by 12 and what you're setting aside for future goals. Then add the full cost of the decision you're considering.What's left? What would you give up? Does it still work if the next raise doesn't happen?
If you share finances, look at it together. A payment can fit your paycheck and still crowd out the life you want.
If you want help connecting the pieces before a big decision, visit JuliusWealthAdvisors.com. Let's talk.
About Jason
Jason Blumstein, CFA, is the founder and CEO of Julius Wealth Advisors, an independent boutique RIA serving clients nationwide from Englewood Cliffs, New Jersey. His passion for investing began at just 10 years old, when his grandfather Julius turned off the cartoons, turned on CNBC, and began teaching him about stocks, discipline, and the values that build a meaningful life.Shaped by early family financial hardship and inspired by Julius’s integrity and generosity, Jason built a career by gaining experience with PwC, Morgan Stanley, and J.P. Morgan. With a mission of offering transparent, education-forward planning rooted in Integrity, Knowledge, and Passion, Jason founded Julius Wealth Advisors in 2021. The firm operates in a fiduciary, client-aligned model built around long-term partnership.
Building Wealth Is By Choice, Not Chance
Today, Jason partners with High Earners, Not Wealthy Yet (HENWY) families ages 35–50, helping them build long-term, sustainable wealth through disciplined planning, deeply personal guidance, and analytical rigor he gained as a CFA® charterholder. He is known for his boutique, high-touch service, and for the educational clarity he brings to every conversation through The Big Bo $how podcast and Wealth of Knowledge blog. Outside the office, Jason is a proud husband and father of two. He loves all sports, working out, watching the NFL (he has a complicated relationship with the Dolphins), rooting for the Mets, and staying active—a continuation of his college football days. To learn more about Jason, connect with him on LinkedIn.
Disclosures:This piece contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained herein should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. The information contained herein has been obtained from sources believed to be reliable, but the accuracy of the information cannot be guaranteed. Past performance does not guarantee any future results. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. For additional information about Julius Wealth Advisors, including its services and fees, contact us or visit adviserinfo.sec.gov.