Taylor Schulte, CFP®

Define Financial • @Investopedia Top 5 Advisor • Co-Founder @TheAdvisorGC • Stay Wealthy Retirement Podcast

[Taylor Schulte, CFP® @DefineFinancial]

An amazing group of well-deserving advisors being recognized by @Investopedia today. A BIG congrats to all, I'm honored to be included.

👉 Check out the full list: https://t.co/LCNzccXC6t

[Taylor Schulte, CFP® @DefineFinancial]

@RampCapitalLLC @thereadytim @bot Very cool. I have Grok installed and also getting an error message when attempting to add.

[MichaelKitces @MichaelKitces]

Have you built a tool, process, client deliverable, or script that's consistently helping you demonstrate your value to clients?

We're now accepting guest presenter applications for the 2026 Kitces Financial Planning Value Summit.

What makes the Value Summit different is that presenters don't just talk about what they do, they show it. Every session features a practicing advisor screen sharing the actual tool, process, client deliverable, or script they use in their firm, along with the measurable results it's produced. If you've developed something that's working with prospects, new clients, or ongoing clients, we'd love to hear about it.

Not sure if your idea is a fit?
➡️Join us for a free 30-minute Guest Presenter Info Session on Monday, August 24 at 2:00 PM ET. We'll walk through what makes a great Value Summit presentation, what we're looking for, and what to expect if you're selected.

Apply to present: https://t.co/6oErqaGFWS
Register for the info session: https://t.co/2LEnF1ZMO4

[Harriman House @harrimanhouse]

Even More Than Money is out today! @ShannaDue @jus10castelli @DefineFinancial

Through five powerful frameworks: Living, Changing, Dreaming, Giving, and Enduring, the stories from the financial advisors in Even More Than Money guide you beyond traditional planning into a richer understanding of money's true purpose.

You'll discover:

- Why the most successful savers often struggle most with spending

- How to give yourself permission to use what you've earned

- The art of balancing security with the courage to pursue bold dreams

- Why waiting until "someday" may mean never living at all

This isn't another book about maximizing returns. It's about maximizing your life.

Available in all formats here https://t.co/Cfc96mX2OO

[Harriman House @harrimanhouse]

❝True wealth isn't measured by what you accumulate, but how intentionally you use your resources to live with purpose.❞

We love this quote from Jamie Hopkins @RetirementRisks about Even More Than Money which is published next week! Edited by @ShannaDue and curated by Taylor Schulte @DefineFinancial and Justin Castelli @jus10castelli.

Even More Than Money shares 20 transformative stories told by financial advisors of real people that they have helped. Within these thought-provoking, real-life examples, one thing becomes clear: money isn't just for tomorrow's security, it's for today's purpose.

From a corporate executive who traded her corner office for a ticket booth at Wrigley Field, to a couple who spent two decades building their wilderness dream, to a widow who learned that true wealth comes from letting go, these stories reveal what happens when we align our resources with what matters most.

Available to pre-order now in all formats! https://t.co/Cfc96mWuZg

[Harriman House @harrimanhouse]

What if the greatest risk isn't running out of money – but running out of life before you use it?

Even More Than Money shares 20 transformative stories told by financial advisors of real people that they have helped. Within these thought-provoking, real-life examples, one thing becomes clear: money isn't just for tomorrow's security, it's for today's purpose.

Edited by Shanna Due and curated by Taylor Schulte, and Justin Castelli, this isn't another book about maximizing returns. It's about maximizing your life.

Published July 21st, available to pre-order in all formats now 📚️ 🎧️ https://t.co/Cfc96mWuZg

[Taylor Schulte, CFP® @DefineFinancial]

@coreyhainesco You are a machine.

[Taylor Schulte, CFP® @DefineFinancial]

@CultishCreative @thobbsjourno That was really good—thanks for sharing, Matt. Sharing all my old consoles with the kids has brought back so many memories. My son was like, “You don’t even have to wait for the game to download!” 🤣

[Taylor Schulte, CFP® @DefineFinancial]

@VanceBarse @cullenroche

[Cullen Roche @cullenroche]

Oil is a global commodity.

U.S. oil companies can sell their oil to anyone in the world and they won't sell it to a local refinery for $70 if a buyer in Europe or Asia is willing to pay $100 because of a Middle East shortage.

You aren't paying more because the U.S. is running out of gas; you're paying more because U.S. oil is part of a global auction, and the auction just got a lot more expensive because of the war.

The more you know!

[Cullen Roche @cullenroche]

This is a compelling story, in part because it paints banking as a scam.

It's also completely wrong and based on myths that have been debunked a million times.

First, the 10% reserve ratio is a relic. Today, reserve requirements in the USA are 0%, yet banks didn't magically start making infinite loans. Why? Because solvent banks are capital constrained, not reserve constrained.

This is where the original story is most misleading.

When a bank receives a $10k deposit (a liability), the sending bank also sends $10k of reserves (an asset). The recipient bank’s Equity (assets minus liabilities) is unchanged. Their lending capacity hasn't improved because their Capital Adequacy Ratio hasn't moved an inch. They don't suddenly have the regulatory room to add $9k of risky new loans to their balance sheet just because they have more cash in the vault.

A bank's capacity to lend is actually contingent on its profitability. If these new deposits are less expensive than their previous funding sources, the bank’s Net Interest Margin improves. Those profits eventually flow into Retained Earnings, which increases their capital. That is what actually creates the capacity to lend more.

This isn't a scam; it's capitalism. Well-managed, profitable banks grow their capital base, which allows them to safely expand their lending to the economy.

The multiplier story is popular because it's simple and cynical. But if you want to understand how the plumbing actually works, follow the capital, not the reserves. 👍

[Taylor Schulte, CFP® @DefineFinancial]

@cliffcornell_ Happy birthday, dude 🤙🏼

[Taylor Schulte, CFP® @DefineFinancial]

@awealthofcs @BullandBaird Trumer Pils!!

[Taylor Schulte, CFP® @DefineFinancial]

@dollarsanddata The AI can just create more funding, Nick.

[Jake @EconomPic]

Let’s go @Perth_Tolle !

[Taylor Schulte, CFP® @DefineFinancial]

@EconomPic @Perth_Tolle 💪

[Taylor Schulte, CFP® @DefineFinancial]

@rgrikard Awesome. Let me know the best way to coordinate. DMs open.

[Taylor Schulte, CFP® @DefineFinancial]

@rgrikard @rgrikard Any interest in joining me on the Stay Wealthy Retirement Podcast (an Apple Top 200 Business Pod) to share your knowledge and expertise with my audience of retirement savers over age 50?

[Taylor Schulte, CFP® @DefineFinancial]

@TimMulloolyMAM @MissResnick @ANNIKA59 Very cool! Just purchased 🤙🏼

[Taylor Schulte, CFP® @DefineFinancial]

@tomowenmorgan This was great, and very relateable, especially the timing of when I turned 36 😳

[Taylor Schulte, CFP® @DefineFinancial]

@dougboneparth @averagejoelle Happy 40th, Heather!!! Douglas better be throwing you an epic party in Huntington Beach next month.