Short questions with Dana Perino for David L. Bahnsen

Over the past few months, I’ve been having fun checking in with your favorite Fox personalities to find out who they are behind the scenes.

But, as you may remember, I promised to throw in some surprise appearances here and there.

This week I wanted to share a conversation with David L. Bahnsen, author of the new book, Full Time: The Meaning of Work and Life.

He is the founder, managing partner and chief investment officer of Bernsen Group, a national private wealth management firm with offices in Newport Beach, New York City, Minneapolis, Oregon, Austin and Nashville. We manage over $50 million in client assets.

Prior to starting Bahnsen Group, he spent eight years as a managing director at Morgan Stanley and six years as a vice president at UBS. He has been consistently named one of America’s top financial advisors by Barron’s, Forbes, and the Financial Times.

PS We have many other options available. Stay tuned every week for a new edition of “Dana Perino’s Short Questions.” If you have any questions you’d like answered or suggestions for who we should interview next, please leave a note in the comments section below.

Q: What questions do you think every manager should ask? job interview?

DB: “Why are you looking for this job? ”

The reason I say this is because if the other person’s answer is, “I just want a job,” that’s fine. Place it on the table. Everyone needs a paycheck.

But give people a chance please come for interview And they say, “Oh, because I saw what you did in this venture,” or “I read this story about you.” If they’ve done a lot of homework, that’s a great discovery question.

Q: How do you approach or advise people? Because I think you’re already doing this very well. But it’s important to balance investing and saving for the future with enjoying the present rather than just paying the bills.

DB: Financially, you should save the highest amount. The only way the government gets paid is by collecting taxes from you.The only way to receive money is to save the highest amount [of your income].

So it’s interesting no matter how you do it 401,000 of these This caused the retirement allowance balance to increase sharply.

Live by percentages and put mechanisms in place to do it yourself.

Some people live paycheck to paycheck, but if you’re overpaying, you could save 10% or 20% once you’re debt-free.

Q: What advice do you have for young people about renting or owning a shelter?

DB: At the moment, they find it almost impossible to own a shelter due to the high entrance fees. So I encourage you to tell your governor and your local city council to allow more housing to be built.

One of the greatest economic shames in our country is the lack of housing supply. made housing unaffordable For employed people who otherwise earn an income.

I know that most young people can’t influence policy that much, but this is really a supply constraint issue. Young people need to tell their parents to stop opposing new growth. That’s what’s causing this affordability crisis.

“Once people start spending 50% of their income on housing, it becomes completely unsustainable.”

But if they’re in a position to buy a home and it’s their happy place, they should have at least a 20% down payment (the more the better) and the total cost of ownership (the mortgage repaid monthly). Please make sure to keep it in check. HOA and property tax payments) must be no more than 35% of net cash flow.

When people start spending 50% of their income on housing, it becomes unbearable.

Q: What advice would you give to your younger self, or is there anything you wish someone had told you back then?

DB: That’s a very good question. And there are many.

At various moments, I wish I had worked harder, and other times I wish I had unplugged and been more present.

I don’t regret the time I spent at work, but I do regret some things. quality Time spent with family.

There were moments when I was there, but it was still distracting.

I wish I could have been more consistent and focused and always mentally present with my wife and kids.

Q: How do you define success? Has it evolved throughout your life?

DB: It definitely is. I’ll be 50 next month, and I’ve been thinking about it even more lately.

Aristotle talked about the good life. In the Bible there is a concept called shalom. When I use the term human flourishing, I mean both material and spiritual, material and non-physical, the elements from which we derive joy, peace, and harmony. I believe that.

“I’m here to fight the good fight.”

Success for me was never just professional success, but professional goals were (and still are) an important part of it.

But throughout my life, I want to be the best version of myself that I can be, to produce all that I can for the glory of my God, and that when I die I want God to say to me, “Well done.” ” I really value it from the bottom of my heart. , my good and faithful servant. ”

I’m here to fight the good fight – I wrote that in my high school yearbook, and it’s still true today as a middle-aged man.

David Bahnsen’s new book You can find it on Amazon and other places where books are sold.

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To read all of Dana Perino’s previous “Short Questions” interviews on Fox News Digital, check out this (long) list.

For her interview, Dagen McDowell, click here.

For her interview, Lidya Hu, click here.

For her interview, Brian Bremberg, click here.

For her interview, Jackie DeAngelis, click here.

For her interview, Claudia Cowan, click here.

For her interview, Max Gauden, click here.

For her interview, Jared Cohen, click here.

For her interview, William La Jeunesse, click here.

For her interview, Matt Finn, click here.

For her interview, Rich Edson, click here.

For her interview, Governor Chris Sununu, click here.

For her interview, Ross Raeburn, click here.

For her interview, Mark Meredith, click here.

For her interview, Emily Compagno, click here.

For her interview, Chad Pergram, click here.

For her interview, Mike Emanuel, click here.

For her interview, Gillian Turner, click here.

For her interview, Madison Alworth, click here.

For her interview, Nate Foy, click here.

For her interview, Laura Ingraham, click here.

For her interview, Five New York FOX reporters, click here.

For her interview, Katie Pavlich, click here.

For her interview, Guy Benson, click here.

For her interview, Pete Hegseth, click here.

For her interview, Sandra Smith, click here.

For her interview, Nicholas Janicelli, click here.

For her interview, Abby Hornacek, click here.

For her interview, Elise Bitter, click here.

For her interview, Brian Kilmeade, click here.

For her interview, Kennedy, click here.

For her interview, John Roberts, click here.

For her interview, Janice Dean, click here.

For her interview, Charles Payne, click here.

For her interview, Trey Gordy, click here.

For her interview, Johnny “Joey” Jones, click here.

For her interview, Bill Melzin, click here.

For her interview, Jimmy Failla, click here.

For her interview, Tyrus, click here.

For her interview, Ainsley Earhart, click here.

For her interview, Lawrence Jones, click here.

For her interview, Dr. Arash Akhavan, click here.

For her interview, Martha McCallum, click here.

For her interview, Bret Beyer, click here.

For her interview, Kayley McEnany, click here.

For her interview, Harold Ford Jr., click here.

For her interview, Shannon Bream, click here.

For her interview, Jessica Tarloff, click here.

For her interview, Leo Terrell, click here.

For her interview, Geraldo Rivera, click here.

For her interview, Clay Travis, click here

For her interview, Bill Hemmer, click here.

For her interview, Greg Gutfeld, click here.

For her interview, Benjamin Hall, click here.

For her interview, Judge Jeanine Pirro, click here.

For her interview, Jesse Watters, click here.

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