David L. Bahnsen, author of the book “Full-Time: Work and the Meaning of Life,” was interviewed by Dana Perino. Bahnsen is the founder, managing partner, and chief investment officer of The Bahnsen Group, a wealth management firm. Prior to this, he worked at Morgan Stanley and UBS and has been recognized as one of the top financial advisers in America. In the interview, Bahnsen discussed the importance of asking job candidates why they are looking for a job and emphasized the need for people to save off the top of their income to secure their financial future.
Bahnsen also shared advice on renting versus owning shelter, highlighting the affordability crisis in housing due to a lack of supply. He encouraged young people to advocate for policies that promote more housing construction and advised those who are in a position to buy a home to put at least 20% down and ensure that the total cost of ownership is 35% or less of their net cash flow. Bahnsen stressed the importance of not spending more than 50% of income on housing, as it can be financially burdensome.
When asked about advice he would give his younger self, Bahnsen mentioned balancing work and personal life. He acknowledged the importance of working hard but regretted not being more present with his family at times. Bahnsen defined success as a combination of material and spiritual well-being, striving to be the best he can be and producing to the glory of God. He emphasized the importance of human flourishing, both professionally and personally, and his desire to hear “Well done, good and faithful servant” from God.
In conclusion, Bahnsen’s interview provided insights into financial management, career advice, and personal growth. He shared his perspective on saving, investing, and housing, highlighting the need for young people to be financially savvy and advocate for their future. Bahnsen’s reflections on work-life balance and personal development resonated with many readers, urging them to consider their own definitions of success and strive for a life of purpose and fulfillment. Through his experiences and wisdom, Bahnsen offered valuable lessons that can inspire others to navigate their own careers and financial decisions with intention and mindfulness.
