Is your small business feeling the weight of the world on its shoulders? Newsflash - you don't have to go it alone! In this must-see episode, we're unveiling the not-so-secret superpower that can transform your entrepreneurial journey: the power of collaboration. Small businesses are the backbone of the American economy, but the statistics are sobering - 45% fail in the first 5 years, and over half don't make it to the 10-year mark. The good news? We've uncovered a game-changing piece of advice from successful business owners: "Never do anything alone." When you team up with mentors, fellow entrepreneurs, and even your target customers, the burden gets lighter, the ideas get bigger, and the chances of success skyrocket. Just ask us - we managed to cut our startup costs in half by leveraging our "Set Up Shop Committee"! And if you're not a small business owner yourself, don't worry. We're serving up all the juicy details on how you can support your local entrepreneurial community in ways that create a win-win for everyone. This episode is about to shift your small business mindset from stressed and isolated to empowered and connected. Whether you run a mom-and-pop shop or just want to champion the entrepreneurial spirit in your neighborhood, you won't want to miss these must-try strategies for harnessing the power of collaboration. Trust us, your business (and your sanity) will thank you.   00:00 Introduction: The Power of Collaboration 00:25 Small Business Saturday: Mark Your Calendars 01:18 Welcome to Wealth Wisdom Financial Podcast 01:56 Celebrating Small Businesses: You Don't Have to Go It Alone 02:45 The Reality of Small Businesses in the US 04:53 The Importance of Collaboration in Entrepreneurship 05:45 Our Personal Journey: From Isolation to Collaboration 09:40 How Non-Business Owners Can Support Small Businesses 13:54 Challenge: Strengthening Community Through Support 14:36 Join the Profit Planning Network 15:49 Conclusion: Building Wealth and Wisdom Together   Links mentioned in the show: Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for practical tips alongside a group of people growing our wealth sustainably: https://www.wealthwisdomfp.com/community   Watch on YouTube: https://youtu.be/GuCsvW08WVQ 

Have you ever felt torn between your desire to give generously and your need to maintain financial stability? Watch as we unpack how combining strategic giving with sound financial practices creates a powerful formula for lasting impact and personal stability. Are you ready to revolutionize your approach to generosity? It's time to learn how pre-decisions, boundary setting, and high-impact giving strategies could be the missing pieces in your giving puzzle. Don't let your generous heart lead to financial strain - join us for this transformative episode that goes beyond basic charitable giving tips! Your legacy of generosity (and your financial future) might just depend on it! 🌟   00:00 Introduction: The Balance Between Generosity and Self-Care 01:56 Personal Story: Lessons in Generosity 03:38 The Big Idea: True Generosity Starts with Self-Care 04:59 Practical Tips for Sustainable Giving 07:24 Take the Next Step: Financial Freedom Awaits 09:06 Setting Financial Boundaries 11:55 Giving Time and Skills 13:51 Generosity and Self-Care: A Symbiotic Relationship 15:14 The Flow of Money 17:06 Conclusion and Next Steps   Links mentioned in the show: Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for our 15 Generosity + Self-Care Affirmations and more practical tips alongside a group of people growing our wealth sustainably: https://www.wealthwisdomfp.com/community  

Is your legacy plan secretly working against your family's future? Watch as we unpack the multi-trillion-dollar wealth transfer reshaping America's financial landscape - and why traditional inheritance planning might set your family up for failure! Have you ever wondered why some families maintain their wealth for generations while others lose it all by the third generation? The answer is not luck — it's strategic legacy planning. Are you ready for a masterclass in family wealth preservation? It's time to learn how the proper legacy planning framework could be the missing piece in your family's financial future. Don't let your life's work become a family burden - join us for this transformative episode that goes beyond the basics of estate planning. Your family's future harmony might just depend on it! 🌟   00:00 Introduction 02:26 The Great Wealth Transfer 04:27 The Case for Leaving a Legacy 07:34 Finding a Middle Ground 08:56 Planning for Your Financial Future 09:37 Top Considerations for Legacy Planning 12:25 Common Mistakes in Legacy Planning 14:08 Tailoring Your Legacy Plan 14:51 Resources and Final Thoughts   Links mentioned in the show: Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Get a copy of our Estate Planning Checklist here: https://zfrmz.com/D63O2f4YSFhWE4gI3NmR Find the "10 Questions to Ask to Set Legacy Goals" inside the Wealth Wisdom Financial Community here: https://www.wealthwisdomfp.com/community   Watch on YouTube here: https://youtu.be/b7D4qTO5RqA   

Have you ever considered that the secret to easing financial stress could be rooted in kindness? Join us as we reveal how combining four unconventional financial strategies can create a compounding effect of kindness and reduced stress. (kind of like how compound interest grows wealth over time) Are you ready for a masterclass in financial wisdom? It's time to learn how every small action can have massive results. Let's transform your finances and the world around you with kindness and simplicity. Don't miss this game-changing episode!   00:00 Introduction to Financial Strategies for Reducing Stress 02:23 Understanding the Power of Compounding 06:46 Unconventional Financial Concepts for a Better World 10:18 Introducing the Gratitude Bank 12:02 Integrating Financial Strategies 13:38 Addressing Skepticism and Concerns 16:32 Cultivating Gratitude in Stressful Times 19:41 Conclusion and Next Steps   Links mentioned in the show: Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community Watch on YouTube: https://youtu.be/nWKPoazYS_E 

What if we told you that your financial strategies are working against each other, sabotaging your wealth-building efforts? (Spoiler alert: For many, they are!) Watch as we reveal how combining 5 powerful financial concepts can create a synergy that supercharges your personal and business finances. Have you ever wondered why some entrepreneurs seem to effortlessly grow their wealth while others struggle? Or why your colleague Mark's business is thriving while everyone else is barely staying afloat? It's not luck - it's strategy. Are you ready for a masterclass in financial integration? It's time to learn how Bank on Yourself, Profit First, EOS, YNAB, and the STILL Method could be the missing pieces in your financial puzzle. Understanding and implementing these crucial elements lets you take control of your money like never before! PS: For a limited time, get our book "Five Smooth Stones" at 50% off to jumpstart your journey with the STILL Method. Use code OCTOBER at our shop (link below). Hurry, offer ends October 14th at midnight! Our shop (for the book deal): https://www.wealthwisdomfp.com/shop   Links mentioned in the show: Our shop (for the book deal): https://www.wealthwisdomfp.com/shop (use code OCTOBER) Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community Learn more about how Profit First and Bank On Yourself works together: on our show here https://youtu.be/ll98hpdj_ZI and on another show here: https://nyafinancialpodcast.com/episode-368-a-better-way-to-profit-first-with-mike-michalowicz/   00:00 Introduction: Combining Financial Strategies for Success 01:21 Welcome to Wealth Wisdom Financial Podcast 02:14 The Problem with Disjointed Financial Strategies 03:31 Overview of Key Financial Concepts 06:22 Combining Financial Strategies for Maximum Impact 10:03 Addressing Common Concerns and Implementation Tips 15:37 Special Offer and Conclusion   Watch on YouTube here: https://youtu.be/Nqri8fihmSE 

What if we told you that your bank balance is lying to you about how rich you really are? (Spoiler alert: For many, it is!)   Watch as we pull back the curtain on the 5 crucial puzzle pieces of true wealth that are helping savvy individuals live richer, more fulfilling lives.   Have you ever wondered why some people seem content despite modest bank accounts? Or why your neighbor Sarah is thriving while everyone else is chasing the next dollar? It's not luck - it's strategy.   Are you ready for a crash course in redefining wealth? It's time to learn how health, relationships, purpose, personal growth, and time could be the missing pieces in your wealth puzzle. Understanding and planning for these crucial elements lets you take control of your life's true riches!   ps: Next week's episode we'll show you how to align your finances with these 5 puzzle pieces. Don't miss it!   Links mentioned in the show: A previous episode about defining wealth: https://youtu.be/K-REYOnpd34?si=VIEbU83NIhu7oIKp Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community (This is where you get our Holistic Wealth Planner too!)   00:00 Introduction: Beyond the Numbers 00:51 The Bigger Picture of Wealth 02:36 Five Puzzle Pieces of True Wealth 04:13 Puzzle Piece 1: Health 05:58 Puzzle Piece 2: Relationships 08:20 Puzzle Piece 3: Purpose 10:18 Puzzle Piece 4: Personal Growth 12:03 Puzzle Piece 5: Time 15:18 Holistic Wealth and Financial Planning   Watch this episode on YouTube here: https://youtu.be/ZhVW59vkHZc 

Unlock the secrets of financial resilience with our latest episode! We're diving deep into the money vaults of history to extract golden nuggets of wisdom that can fortify your finances today. In this episode, you'll discover: • The "Three R's of Recession Resilience" that have stood the test of time • How your great-grandparents' Depression-era tricks can beef up your modern budget • Why the 2008 financial crisis might hold the key to your side-hustle success • Inflation-fighting strategies from the 1970s that still pack a punch today  • The surprising parallels between 1929's market crash and today's economic challenges   Plus, we'll reveal: • How to build a financial emergency kit that would make a Depression-era survivor proud • The "Victory Garden" approach to diversifying your income streams • Why becoming the "Renaissance Person" of your finances could be your recession superpower   Whether you're a seasoned investor or just starting your financial journey, this episode is packed with actionable strategies to help you weather economic storms. Don't let history repeat itself – learn from it instead! 00:00 Introduction to Timeless Financial Wisdom 00:36 Welcome to Wealth Wisdom Financial Podcast 01:14 Exploring Financial Fortitude and Resilience 01:46 Learning from Past Financial Crises 03:05 Special Invitation: Transform Your Financial Future 05:37 The Three R's of Recession Resilience 05:40 Reserves: The Power of Cash Savings 08:20 Reduce: Living Lean and Building Relationships 10:35 Reinvent: Diversifying Income Streams 15:56 Conclusion and Next Steps   Links mentioned in the show:  🔹 Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call 🔹 Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community   Watch on YouTube here: https://youtu.be/52Q6tKBuSc

What if we told you that your 401(k) might be more of a rollercoaster than a reliable retirement vehicle? (Spoiler alert: For many, it is!) Watch as Brandon and Amanda pull back the curtain on a little-known financial tool that's helping savvy retirees sleep better at night. Have you ever wondered how some people seem unfazed by market crashes? Or why your neighbor Bob is grinning while everyone else is panicking? It's not luck - it's strategy. Are you ready for a crash course in retirement security? It's time to learn how fixed index annuities could be the missing piece in your financial puzzle. Wall Street doesn't want you to know about this. By understanding it, you can take control of your retirement destiny! Tune in and secure your financial future! (P.S. Bengals fans, we promise our financial advice is more accurate than our football b-roll. Unlike that mishap, we won't fumble your retirement!)   00:00 Introduction to Financial Resilience 00:41 Welcome to Wealth Wisdom Financial Podcast 01:19 Zooming in on Retirement Strategy 02:51 Understanding Fixed Index Annuities 04:46 The Importance of Annuities in Retirement 05:34 Real-Life Example: Bob and Sue 06:31 Commercial Break 07:25 Debunking Annuity Myths 08:35 Key Attributes of Good Annuities 10:56 Conclusion and Next Steps Watch on YouTube here: https://youtu.be/Sk-eu85GYiM  Links mentioned in the show: Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community

Are you tired of watching your hard-earned money crumble in the face of economic uncertainty?  Watch as we reveal the strategy that transformed our financial future - and it has nothing to do with the stock market rollercoaster. Prepare to have your perspective on financial planning flipped upside down. Are you ready to learn more about Bank on Yourself®? Forget about chasing the latest investment fads; this strategy is designed to help weather financial storms. Don't settle for a leaky financial foundation. Watch this episode to discover how you can take back control of your future.   00:00 Introduction to Financial Resilience 00:34 Welcome to Wealth Wisdom Financial Podcast 01:28 Understanding Financial Fortitude and Resilience 02:43 Personal Stories of Financial Challenges 04:14 Building Financial Resilience with Bank on Yourself 05:53 Our Journey with Bank on Yourself 08:07 Overcoming Financial Crises 10:56 Exploring the Benefits of Bank on Yourself 15:35 Conclusion and Next Steps   Links mentioned in the show: Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community Learn more about Bank On Yourself®: https://youtu.be/14kSzNqGWbM  

Have you ever wondered why some businesses thrive while others struggle? Or why being agile in today's economy is more crucial than ever? It's not random. Specific principles drive savvy entrepreneurs to stay ahead. Are your business strategies truly effective, or are you being held back by outdated financial wisdom? What if we told you that a single conversation could radically transform your approach to wealth building? (Spoiler alert: It did for hosts Brandon and Amanda!) Watch as Perry Marshall, a renowned business consultant, unveils game-changing insights. It's time to learn how the 80/20 rule, strategic thinking, and building excess capacity can revolutionize your business approach. Are you ready for a crash course in 21st century wealth wisdom? Tune in and unlock your true wealth-building potential!   00:00 Life-Changing Conversation with Perry Marshall 01:07 Introduction to Wealth Wisdom Financial Podcast 02:15 Meet Perry Marshall: From Audio Geek to Marketing Guru 10:19 The Power of 80/20 Principle in Business and Life 14:00 Navigating the Digital World: 90/10 and Beyond 17:35 The Agility Decade: Preparing for a Volatile Future 28:14 The Importance of Thinking and Deliberate Practice 32:47 Attracting the Right Audience 33:33 Critique of 'Think and Grow Rich' 34:08 The Iceberg Analogy 34:48 Mastermind Group Insights 36:55 Lessons from Google Ads and Infomercials 38:58 The Importance of Diversification 41:35 Break Glass in Case of Emergency 45:28 Financial Resilience and Agility 51:06 Final Thoughts and Encouragement   Watch on YouTube here: https://youtu.be/WKXbc3jHBBE    Links mentioned in the show: Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community Watch our previous episode about adaptability: https://youtu.be/UjCMEY_GNOo  GET THE BEST FROM PERRY MARSHALL HERE: https://www.perrymarshall.com/8020-book/   

Are you unwittingly falling for financial fads that could derail your wealth? What if we told you that some of history's brightest minds have been duped by financial manias? (Spoiler alert: Even Sir Isaac Newton wasn't immune!) Have you ever wondered how Ponzi schemes still manage to fool people? Or why seemingly rational investors get caught up in the dot-com frenzy? These aren't just isolated incidents - they're driven by timeless quirks in human psychology. From the South Sea Bubble of 1720 to the more recent Bitcoin boom, we're about to show you how understanding these historical patterns can help you make smarter financial decisions today. Tune in to learn how to spot red flags, diversify wisely, and implement strategies like Bank On Yourself. Don't let your brain sabotage your wealth - listen now and safeguard your financial future! 00:00 Newton's Financial Folly 00:58 Historical Financial Fads and Scams 03:15 Welcome to Wealth Wisdom Financial Podcast 07:37 Practical Tips to Avoid Financial Fads 15:52 Bank On Yourself: Scam or Strategy? 19:40 Conclusion and Final Thoughts   Links mentioned in the show: Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community   Watch on YouTube here: https://youtu.be/o8HBE5fe9D4 

Are your financial decisions truly your own, or are you being puppeteered by hidden psychological forces? What if we told you that your brain might be your biggest obstacle to financial success? (Spoiler alert: It probably is.) Watch as Amanda pulls back the curtain on behavioral economics. Have you ever wondered why you impulse-buy things you don't need? Or why you might feel tempted to sell all your stocks when the market takes a downturn? These aren't just random choices - they're driven by specific quirks in how our brains process financial information and risk.  Are you ready for this quick, but crucial, history lesson on behavioral economics? It's time to learn how these discoveries revolutionized our understanding of financial decision-making. Others use these discoveries to get you to do what they want. By learning them, you can take more control of your financial destiny! Tune in and take charge of your financial future!   00:00 Introduction: The Allure of Investment Opportunities 01:19 Welcome to Wealth Wisdom Financial Podcast 02:19 Meet Amanda Neely: Your Financial Psychology Guide 04:33 The Birth of Behavioral Economics 11:42 Cognitive Biases: The Hidden Forces in Financial Decisions 16:49 How Financial Advisors Exploit Biases 24:00 Join the Wealth Wisdom Financial Community 25:43 Conclusion: Outsmarting Financial Biases   Links mentioned in the show: Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community

Which is more important to being more financially responsible: (1) the daily expense or (2) the major financial decision? Is penny-pinching and skipping small treats the key to financial freedom? Or, could it be that, if you get large expenses figured out, you can let the small things take care of themselves? What if there's a middle ground with way less guilt and shame? Don't worry, this episode isn't "stop buying lattes and you could be a millionaire." Yet, there is real, eye-opening math and an approach to money where you can secure your financial dreams AND enjoy life's small pleasures along the way. Ready to take a moment to smell the roses (or maybe the rose-flavored, direct-trade latte from your locally-owned shop). Stop "frugal fatigue." Ask for that raise. Start that side hustle. You can make your financial journey worth living. In this episode, we hope you find more joy! Jump in now.   00:00 Introduction to 'Don't Sweat the Small Stuff' 00:27 The Latte Factor Explained 01:28 Welcome to Wealth Wisdom Financial Podcast 02:28 Personal Stories and Financial Lessons 03:42 Debunking Conspiracy Theories 05:37 Comparing Financial Decisions 13:39 Psychological Impact of Financial Choices 20:09 Conclusion and Final Thoughts   Links mentioned in the episode: Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call Watch on YouTube here: https://youtu.be/Q4Z7KD58PGo 

Are you intrigued by the hidden impact of fees on your retirement savings? Do you want to uncover the truth about compound interest's 'sneaky dark side'? Watch as Amanda and Brandon expose 5 key places where hidden fees might be lurking in your financial plans. They debunk the myths around compound interest and reveal how even small fees can devour a significant portion of your nest egg over time. Are you ready to learn about the real effects of fees on various financial strategies, including market investments, annuities, and whole-life insurance policies? It's time to take control of your financial future! This episode provides the insights you need to make informed decisions about your retirement savings. Don't let hidden fees silently erode your hard-earned wealth! Empower yourself with the knowledge to spot and minimize these sneaky costs, and set yourself on the path to a more secure financial future.   00:00 Introduction to Compound Interest 00:19 The Dark Side of Compounding 01:06 Welcome to Wealth Wisdom Financial Podcast 01:44 Understanding the Fee Apocalypse 03:24 Identifying Hidden Fees 04:13 Five Places to Find Fees 07:42 The Importance of Fee Awareness 08:50 Real-Life Fee Impact Examples 12:11 Calculating the True Cost of Fees 18:51 Analyzing 35 Years of Investment Returns 19:20 Impact of Fees on Investment Growth 22:34 Exploring Annuities as an Alternative 25:53 Whole Life Policy: A Different Approach 30:37 Final Thoughts and Summary   Watch on YouTube here: https://youtu.be/Xjvlf6NuvtA    Links mentioned in the episode: Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call Check the expense ratio of funds: https://tools.finra.org/fund_analyzer/ The reasons why 401ks are a scam: https://www.bankonyourself.com/six-reasons-401k-scam.html In-depth look at 401k fees: https://www.dol.gov/sites/dolgov/files/ebsa/about-ebsa/our-activities/resource-center/publications/a-look-at-401k-plan-fees.pdf Information on Retirement plans: https://www.dol.gov/general/topic/retirement/consumerinfpension

Are you curious about Infinite Banking? Do you want to sort the facts from fiction? Then watch as Amanda and Brandon address the 8 common misconceptions about the Infinite Banking concept. They debunk myths such as Infinite Banking being a get-rich-quick scheme, only for the wealthy, or a new and unproven concept. It's time to learn more about tax benefits, policy growth, and how Infinite Banking fits into a comprehensive financial plan! Whether skeptical or intrigued, this episode provides the clarity you need to make informed decisions about your personal and business finances. Don't let misinformation cloud your judgment and hold you back from financial freedom!    00:00 Welcome to Wealth Wisdom Financial Podcast 02:35 Common Misconceptions: Infinite Banking 03:25 Misconception 1: It's a Get Rich Quick Scheme 05:12 Misconception 2: It's the Same as Whole Life Insurance 06:41 Misconception 3: It's Only for the Wealthy 08:51 Misconception 4: It Replaces All Other Investments 10:01 Misconception 5: The Returns are Guaranteed 12:43 Misconception 6: It's Completely Tax-Free 14:42 Misconception 7: It's a New or Unproven Concept 16:14 Misconception 8: It Eliminates the Need for Traditional Banking 18:37 Conclusion and Next Steps   Links mentioned in the episode: Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call Check out our past episode about using banks for your convenience rather than theirs: https://youtu.be/aeBP8qtSFQ8

Do you ever wonder: How does the Infinite Banking concept fit into a comprehensive financial plan? Is it similar to or different from a traditional or a conventional financial method? How does it work with more conventional methods? Who does it work best for? How much should someone put into their policy? Join Amanda Neely, CFP® as she answers these 5 questions generated by AI on how and how NOT to incorporate high-cash-value, dividend-paying whole life insurance into a financial plan. Yes, there's even a mention of Gandalf! 00:00 Welcome to Wealth Wisdom Financial Podcast 03:15 The Importance of Assumptions in Financial Planning 06:08 Traditional vs. Conventional Financial Planning 08:51 Integrating Infinite Banking with Other Strategies 10:55 Who Benefits Most from Infinite Banking? 14:55 Opportunity Costs and Financial Decision Making 19:15 Personal Experiences with Infinite Banking   Links mentioned in the episode: Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call   Watch on YouTube here: https://youtu.be/nkcY_oZoYQE 

Curious why Infinite Banking is becoming more and more popular? Ready to learn more about Infinite Banking? Join our in-house Authorized IBC Practitioner Brandon Neely as he tackles burning questions about this trending financial strategy. Questions Include: ▶︎ Why is Infinite Banking gaining massive popularity? ▶︎ How is it stacking up against traditional savings methods? ▶︎ How can you know the potential pitfalls you need to avoid? Get ready for the answer to all these questions as Brandon reveals how to assess if Infinite Banking aligns with your personal goals. Don't miss this chance to revolutionize your financial future - watch now and discover if Infinite Banking could be your key to unlocking unprecedented wealth! 00:00 Introduction and Setup 01:44 Question 1: Why is Infinite Banking Gaining Popularity? 03:18 Question 2: Infinite Banking vs Traditional Strategies 05:37 Question 3: Misconceptions and Pitfalls 07:44 Question 4: Assessing Suitability for Infinite Banking 10:30 Question 5: Future Threats to Infinite Banking 13:07 Conclusion and Next Steps   Links mentioned in the episode: Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call   Watch on YouTube here: https://youtu.be/l13svsa4DIQ   

What’s better than two Bank On Yourself Professionals helping you understand financial freedom? Obviously, it’s FIVE of them to learn from. Brandon, Ben, Sarry, Chris, and Ryan are here to tell us how they achieved financial freedom and why they want to help you get there too. This candid conversation helps you understand the importance of generational wealth, how to create a financial foundation that isn’t volatile, and the impact of financial education.  These five professionals are sharing with you their unique stories and how they can help you achieve long-lasting financial security.    00:00 Introduction: Discovering Your Passion and Purpose 00:38 Background: The Journey of Banking Yourself Professionals 02:53 Podcast Welcome: Wealth Wisdom Financial 03:52 Infinite Banking: Building a Solid Financial Foundation 05:08 Guest Insights: Why We Bank on Yourself 13:13 Generational Wealth: The Long-Term Impact 18:02 Faith and Finance: A Spiritual Perspective 27:42 Closing Thoughts: Taking Control of Your Financial Future 33:17 Final Call to Action: Schedule Your Discovery Call   Links mentioned in the episode: Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Watch on YouTube here: https://youtu.be/aMtCUYRvs6I 

What's the worst thing that can happen to a parent? To lose their child. During this time it's important to be financially strong, especially when other children are mourning along with the parents. You might learn some useful money lessons from this experience. We hope you never lose a child. Here's your chance to hear James' story and learn through his experience. James shares his life and financial journey, from how he grew up, his first investments, and his current memory care real estate endeavors. He talks about his career history, financial setbacks, and strategies for teaching his children financial literacy. James also talks about his faith and how it helped him during tough times. His story shows why taking smart risks, learning from your experiences, and giving your kids a good money foundation are important. As James says, "Don't stick your head in the sand." and "Get started with your kids early."   00:00 Introduction and Welcome 00:19 James' Personal and Financial Background 02:39 Early Investment Experiences and Lessons 03:48 Questioning Traditional Financial Wisdom 06:05 Transition to Real Estate and Entrepreneurship 10:37 Discovering Wealth Wisdom 19:13 Implementing Financial Strategies for Family 19:46 The Importance of Financial Education for Children 23:32 The Value of Life Insurance Policies 32:05 Reflections on Financial Planning and Advice 43:39 Conclusion and Final Thoughts   Watch this episode on YouTube here: https://youtu.be/YQUtHS8d92I

What part of the movie is your favorite? What does your answer reveal about your money story?   You might like the opening where the goals are set. You might like the climax where it's most dramatic. You might love a good ending.   On your money journey, each stage is critical but how do you make sure the ending is good?   Trigger Warning: We talk about faith in this episode but in an interfaith, respectful way. We believe whatever your faith, it's critical to have faith to find meaning and purpose on your financial journey. Are you open to being still and letting God work on your behalf?   Don't miss Amanda's prayers (there are 2) for you and your financial journey!   00:00 Introduction: What's Your Favorite Part of a Movie? 01:09 A Family's Financial Struggle and Faith 05:59 The Importance of Setting Your Sights 10:19 Finding Strength in Faith and Financial Journeys 15:02 Final Thoughts and Encouragement   Links mentioned in the episode: Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call Listen to the song Amanda's paraphrases here: https://open.spotify.com/track/7wDqgBeu73mUT1MSpClMU0?si=621d728884cb4b8c Watch this episode on Youtube here: https://youtu.be/EaPgYUwhSGY 

How do you make your investment decisions? Imagine this: 75% of a certain group of investors make their choices based on what their preferred app shows. That's a staggering number, right? Now, let’s talk about Tony. He’s a young man who faced significant financial struggles because he was isolated and didn’t have the support he needed. Tony’s story underscores the importance of not going it alone when it comes to your finances.= Think about the spectrum of investors out there. On one end, we have 'zombie investors' who rely entirely on financial advisors. On the other, there are those who are all about the DIY approach. The real trick? Finding a balance between these extremes. This episode also sheds light on the broader context of social and financial isolation, especially in the post-pandemic world. We’ll share strategies for building a solid money team using the STILL method. It’s all about engaging with trusted individuals and financial professionals to avoid feeling overwhelmed by financial decisions and to create a supportive community around you. Ready to take ownership of your financial future? Jump into this episode full steam ahead! 00:00 Introduction: The Power of Mobile Trading 00:47 Tony's Financial Journey: A Cautionary Tale 03:37 Understanding Different Types of Investors 05:24 The Importance of Community in Financial Success 10:27 Building Your Money Team with STILL 13:54 FINRA Report Insights: Investor Behavior   Links mentioned in the episode: Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻  Watch on YouTube here:  https://youtu.be/lHIxhuqQAp0  ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻  Conventional financial thinking has left too many people feeling like they should be further along by now. True wealth wisdom brings clarity and purpose on how to make real progress no matter what's happening in the economy or on Wall Street.  Join our financial community: https://www.wealthwisdomfp.com/community Find us here: https://www.facebook.com/WealthWisdomFinancial/  https://www.instagram.com/WealthWisdomFP/  https://www.youtube.com/c/wealthwisdomfinancial?sub_confirmation=1 ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻  Important Details: Wealth Wisdom Financial’s content is for general information only and not for the purposes of providing legal, accounting, or investment advice. On such matters, please consult a professional who knows your specific situation. Some of our links are affiliate links where we earn a small commission at no additional cost to you if you make a purchase.

You know the value of ownership. America's founding fathers saw private property as a cornerstone of our society and democracy. Still today, many value owning their home mortgage-free. They see no mortgage payment as a requirement for a happy retirement.   But, what really is ownership? What can you truly own? The answers might surprise you. For example, you may own the title to something. Yet, if "possession is 9/10ths of the law" what happens to your title when someone else possesses your property?   Could there be a construct that's older than titled, private property? Could that construct be a strong foundation for your financial journey?   Ready for a transformational experience of what "taking ownership" of your financial future can look like? Then, jump into this episode full steam ahead!   00:00 Introduction: Land Ownership Inequality 00:54 Joe's Journey to Financial Stability 02:54 Understanding Ownership and Financial Control 04:58 The Reality of Bank and Retirement Accounts 07:53 Exploring Tangible Assets and Real Estate 09:49 The Power of Financial Contracts 17:24 The Diamond in the Rough 20:03 Wrapping Up: Home Ownership Insights   Links mentioned in the episode: Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call   Watch this episode and leave comments on YouTube: https://youtu.be/oOFxZy1aGmo 

How does legislation enacted in 1933 impact your life today?   Does that influence get bigger or smaller if you hear that legislation was repealed in 1999?   The truth is this one piece of regulation has dramatic repercussions on how you approach creating the financial future you want.   As they say, those who do not learn from history are doomed to repeat it. Are we repeating one of the biggest mistakes in American history?   The only thing we can say is what you think is the mistake probably isn't. Listen in to peak behind the curtain.   00:00 Introduction: The Impact of the 1929 Stock Market Crash 00:22 Alex's Story: A Personal Tale of Financial Turmoil 03:51 Understanding the Glass Steagall Act 06:56 The Lax Enforcement and Repeal of Glass Steagall 08:48 Personal Experience: Working in Finance 11:10 The Great Depression and the Glass Steagall Act 13:01 Modern Financial Speculation and Regulation 16:31 The Alternative Financial System   p.s. Due to more recent changes in banking regulation, the reserve requirements for banks are super low. Chances are your bank might have 0 reserves (source). How does that make you feel?   Links mentioned in the episode: Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call   Watch this episode on YouTube here: https://youtu.be/IyaKng6nHTI 

It's no secret that banks dominate both personal and business finance.   Yet, the realities of fractional reserves and how bankers really think about debt might surprise you. For example, have you ever heard of Marriner Eccles?   What if there was an alternative? What if that alternative put more power into the hands of everyday Americans?   Want more control over your financial future? Ready to use banks for their convenience without giving them control? Listen now!   00:00 Introduction: Do Banks Rule the World? 00:33 Sarah's Story: The Harsh Reality of Banking 01:30 Discovering Hope: Alternative Financial Systems 03:13 Personal Anecdotes and the Banking System's Impact 04:41 The Mechanics of Banking and Its Effects on Us 06:43 Fractional Reserve Banking Explained 10:18 Historical Insights: The Great Depression and Money Creation 12:53 The Problem with Debt and Consumer Culture 17:17 Seeking Alternatives: The Power of Being Your Own Bank 20:55 Taking Action: How to Secure Your Financial Future   Links mentioned in the episode: Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call   Books to learn more about banking: The Bank On Yourself Revolution: https://www.bankonyourself.com/shop/the-bank-on-yourself-revolution-paperback Rescue Your Retirement: https://www.bankonyourself.com/rescue-your-retirement-book Watch this episode on YouTube here: https://youtu.be/aeBP8qtSFQ8 

Compound interest is a misunderstood concept. From misattributed quotes to downright inaccurate ideas.   Listen to hear the parable of two builders tasked with constructing a pyramid. One builder rushes in and struggles with the physical task. The other takes time to plan and make micro-adjustments, achieving success more efficiently. This story serves as a metaphor for the power of uninterrupted compounding. Time and knowledge compound just like money.   Be sure to catch the simple, elementary-level math. It shows clearly how real returns can differ from expected average returns. Is your portfolio really compounding?   Keep growing your foundation of solid financial principles. Learn how to use money without interrupting its compounding growth. Michelangelo's chisel created masterpieces. So can you create a work of art on your financial journey!   00:00 Debunking Einstein's Compound Interest Quote 00:47 The Tale of Two Builders: A Lesson in Compound Interest 04:08 The Story Behind the Story: Creative Inspiration 05:29 Understanding Compound Interest Beyond the Basics 10:42 Real Numbers: The Impact of Uninterrupted Compounding 17:36 Building a Financial Pyramid: Strategies for Stability 18:28 Unlocking the Secrets of Using Money Without Breaking Compounding   Links mentioned in the episode: Free download available of 5 Simple Steps to Secure Your Future Outside a W-2 here: https://www.wealthwisdomfp.com/report Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call   Watch this episode on YouTube: https://youtu.be/bAdKpwclAkw 

You've been told to diversify your portfolio but how can you tell if you're diversified enough? Does conventional thinking like the Rule of 100 or using ETFs work in 2024? What about Target Date Funds?   In this episode, we reveal what conventional thinking is missing. The stat we share about Target Date Funds is one of the most surprising. Be sure you don't miss it.   We live in a globalized world where you (and your assets) are more connected than ever. Isn't it time to learn the historical wisdom about non-correlated assets?   In the Great Recession, you saw just how related supposedly "non-correlated" assets were. Isn't it time to add more diversification to your portfolio? Watch now to discover what that could look like for you.   And never forget: Different is good!   00:00 Kevin's Journey: A Lesson in Diversity 02:18 Diving Deep into Diversification 03:37 Personal Stories and Financial Insights 07:25 Rethinking Diversification in Finance 11:35 Creative Financial Strategies and Future Foundations   Links mentioned in the episode: Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call   Watch this episode on YouTube here: https://youtu.be/9OGb0E-T3dg 

Are you the kind of person known for juggling numerous tasks like a boss? Yet, internally you struggle with the chaos of busyness. You might have heard about adopting mono-tasking to help discover clarity and peace. Could mono-tasking have the same impact on your financial journey? Could financial focus bring clarity and peace amid money chaos and busyness? If you want to build a strong financial future, focus is crucial to getting you there. Discover how we learned to focus on one thing at a time and overcome financial overwhelm.   00:00 Meet Carl: A Journey from Chaos to Focus 02:15 Diving into 'Five Smooth Stones': A Series on Timeless Principles 03:32 Carl's Story: A Personal Confession and the Power of Monotasking 08:03 Finding Financial Focus: The Journey Towards Monotasking with Money 10:46 Securing Your Financial Future: How to Get Started 11:42 The Importance of Focus in Business and Life   Links mentioned in the episode: Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call   Watch this episode on YouTube here: https://youtu.be/BOrfB68fU2c 

You have bad habits. We have bad habits. We're not here to judge. There comes a time in your life when you feel a compulsion to change a bad habit. Maybe you're in one of those times right now. If you don't act right away, that feeling goes away quickly only to resurface later without any change. Get ready to be inspired by Emily's story. She's a young woman on a journey of self-discovery and transformation. She agrees with Aristotle that our habits define us: "You are what you habitually do." You already know the power of habits in shaping our lives and financial futures. A bad habit in one area can have impacts that ripple out into all areas of our lives. Again, we're not here to judge but we do want to empower you to make the change you wish to see in your habits. Discover practical ways to overhaul those bad habits ready for transformation. Get ready for how easy it can be. Start with small, seemingly insignificant steps. Learn the chicken and egg of motivation. Find your community support.   00:00 Emily's Journey of Transformation 03:03 Exploring the Power of Habits with Aristotle's Wisdom 05:34 Practical Steps to Changing Habits and Building Wealth 12:58 The Importance of Community and Connection in Financial Growth   Links mentioned in the Episode: Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call   Watch this episode on YouTube here: https://youtu.be/FXYarTy5F74 

How do you like your adventures? On the edge? Only a little risk? Close to home? Far away? With family and friends? All on your own? Active? Relaxing? Financial? What??? Financial? Yes, financial adventures can be the best! Tired of cookie-cutter, done-for-you money management that doesn't fit you unique goals and dreams? Join us for the adventure of a lifetime. Literally!   00:00 Lily's Financial Adventure: A Tale of Growth and Discovery 02:27 Reflecting on Lily's Journey and Its Lessons 03:17 Life as an Adventure: Applying Principles to Money 05:14 The Power of Preparation and Embracing Challenges 11:14 Finding Joy and Fulfillment in Your Financial Journey 14:42 Embracing the Adventure: Overcoming Challenges and Regrets 16:09 Conclusion: The Importance of Applying Wisdom to Your Journey   Links mentioned in the episode: Get your copy of Five Smooth Stones here: www.wealthwisdomfp.com/shop

Have you ever experienced the harsh reality of Parkinson's Law? Maybe it was in college where you crammed the night before a test when you could've been studying all semester. Maybe you experienced it when you had a work deadline that got moved up and you still got the project completed in time. Have you ever tried using Parkinson's Law to build wealth? Don't miss this episode for inspiration to use such a powerful, natural human inclination to your advantage rather than against you! 00:00 Meet Joe: A Journey from Procrastination to Success 03:24 Harnessing Parkinson's Law for Financial and Business Success 06:23 The Power of Pre-decisions in Managing Money 10:20 Maximizing Income and Preparing for Future Financial Opportunities 14:18 The Importance of Pre-deciding Your Financial Future   Links mentioned in the episode: Get your copy of Five Smooth Stones here: www.wealthwisdomfp.com/shop   Watch this episode on YouTube here: https://youtu.be/KuFyFHYd6ow 

What do you do first when you wake up in the morning? What do you do first when you start your work day? What do you do first when you receive money? The answers to these questions reveal a lot about our hearts. In this episode, we reveal 3 positive results we saw when we changed what we do first when we receive money. Want to transform your money story? What if you started with what you do first?!?!   Links mentioned in the episode: Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call   00:00 The Power of Prioritizing: Sarah's Story 02:57 Exploring the 12 Foundational Money Principles 04:22 The Principle of Putting First Things First 04:26 The Importance of Time and Money Management 11:15 Prioritizing Giving and Saving in Your Financial Plan 13:27 Overcoming the 'Yeah Buts' and Taking Control   Watch this episode on YouTube: https://youtu.be/YzGZiexz3pg 

Recently, Brandon added "An Authorized Infinite Banking Practitioner" to his status as a Bank On Yourself® Professional. Here's proof: https://infinitebanking.org/agents/neely758. Who better to share their perspective on what BOTH Bank On Yourself AND Infinite Banking bring to bettering your financial future? As Brandon shares in the episode, we don't want to be so much AGAINST anything or anyone. We want to be FOR our clients! Get the books: The Bank On Yourself Revolution: https://www.bankonyourself.com/shop/the-bank-on-yourself-revolution-paperback Becoming Your Own Banker: https://infinitebanking.org/product/becoming-your-own-banker/ Start the process: Schedule a Discovery Call: https://www.wealthwisdomfp.com/call   00:00 The Power of Positivity in Finance 01:48 The Impact of Faith and Financial Books on Our Lives 02:06 Exploring the Bank On Yourself Concept 04:04 The Influence of R. Nelson Nash and Infinite Banking 07:13 The Importance of Choosing the Right Financial Professional 08:10 Why Bank On Yourself and Infinite Banking Matter 12:01 The Significance of Education and Choosing Wisely

Why are people of all ages so stressed about money? Is it because we're all screwed? Is it because of all the negativity that helps social media posts and news articles get clicks?   Which financial services firm would you rather work with? (1) Head in the Sand Financial Services - "We deliberately refuse to accept the truth just like you." OR (2) Head in the Clouds Financial Services - "We have lofty goals we're never gonna hit too!"   Amid a chaotic world, Brandon emphasizes the need for a balanced approach, avoiding the extremes of denial and unrealistic ambition. Using wealth wisdom and strategies like Infinite Banking and Profit First, Brandon advocates for proactive financial planning and setting realistic goals to navigate and overcome financial challenges.   Plus, he shares exactly how the dreamer and the ostrich can find their financial grounding!   00:00 Dramatic Opening: The Financial Dilemma We All Face 02:01 Breaking Down Financial Personalities: Ostriches vs. Clouds 05:31 Strategies for Financial Stability and Growth 07:09 Empowering Your Financial Future: Beyond Ostriches and Clouds 09:52 Conclusion: Mastering Your Financial Destiny   Links Mentioned in the Episode Get your head out of the sand and out of the clouds by getting a copy of Five Smooth Stones at https://www.wealthwisdomfp.com/shop Both paper and Kindle versions are available!   Watch this episode on YouTube here: https://youtu.be/sGt3kvldz0s 

Are you a 'HENRY' - High Earner Not Yet Rich? Some, despite earning six figures, still live paycheck to paycheck. There are too many potential causes. There's inflation, student loans, and pressures amplified by social media! Might the banking system or conventional financial strategies be to blame? Here's your chance to redefine 'HENRY' and get off the struggle bus. It's all about flipping the script and redefining the same acronym: HENRY. Plus, we offer 2 FREE resources to guide you in embracing a new financial story. It's time to break the paycheck-to-paycheck cycle and to enjoy life more!   00:00 Unpacking the HENRY Acronym: High Earner, Not Yet Rich 00:44 Introducing the Wealth Wisdom Financial Podcast - NEW INTRO! 01:58 The Struggle of Six-Figure Earners: Causes and Culprits 04:27 Breaking the Cycle: A New Take on HENRY 09:44 Building Your Money Team and Staying in Control 14:49 Exclusive Resources: Five Smooth Stones and Wealth Wisdom Community   Links mentioned in the episode: Get your free, digital sample of Five Smooth Stones here: https://bit.ly/sample5smoothstones  Start a 1-month, free trial of the Wealth Wisdom Financial Community here: https://wealthwisdom.mn.co/plans/291835?bundle_token=bde9e9f267ba608aeae8b07e037063f2&utm_source=manual    Watch this episode on YouTube: https://youtu.be/C-9pnUZDe4Q 

This episode addresses the six common financial 'fires' or challenges that can potentially derail one's financial well-being. These 6 fires are (1) liquidity needs, (2) long-term disability, (3) loss of life, (4) long-term care, (5) longevity, and (6) legal liability. Get your fire extinguishers ready BEFORE one of these fires hits you or your family! Join your hosts and special guest Mark Willis, CFP®. This episode is full of real-life examples. We also quickly get hopeful with ideas and share a software we offer to our clients: Asset-Map. Asset-Map is a tool visualizing one's financial situation, assets, liabilities, and insurance policies to prepare for and mitigate these risks effectively. We also touch upon the psychological aspects of financial planning and the peace of mind that comes with being prepared. By fostering an understanding of these challenges and encouraging proactive planning, the episode aims to empower listeners to achieve financial peace and security. 00:00 Opening Remarks: Navigating Financial Well-being 01:29 Personal Stories: The Impact of Financial Planning 06:14 The Six L's of Financial Security 06:33 Deep Dive into Liquidity Needs 07:51 Understanding Long-Term Disability 10:51 The Importance of Life Insurance 15:04 Addressing Long-Term Care Concerns 18:26 Facing the Reality of Longevity 21:33 Legal Liability and Legacy Planning 26:19 Empowering Fire Prevention Strategies 26:54 The Essence of Planning Over Plans 28:44 Introducing the Jetson Family: A Financial Planning Case Study 37:24 The Flinstone Family: Navigating Complex Financial Landscapes 48:18 Closing Thoughts and Invitation to Join the Financial Planning Revolution Next steps! Get your Asset-Map by scheduling a call and putting Asset-Map in the notes. Schedule a call with Brandon Neely or Amanda Neely, CFP® here: https://www.wealthwisdomfp.com/call Schedule a call with Mark Willis, CFP® here: https://nyafinancialpodcast.com/ Remember, it's not the plan or the tool that matters as much as the guide who comes alongside you to prevent financial fires!

In 2024, is it more difficult than ever to save money? Is it still important? Are we so trapped that the only cure is doom spending? Let's get some historical perspective - complete with legit charts and graphs! We reveal a future crisis that could be even bigger than the student debt crisis. Then, we turn to how to break the cycle without cash stuffing but maybe you could mix in some loud budgeting. These 5 proven practices are what we believe are the best way to gain financial independence! All while making sure we get to have fun along the way.   00:00 Introduction: The Challenge of Saving Money in 2024 01:42 The Two Sides of Saving Money: Spending Less and Setting Aside 02:48 The Importance of Saving: A Look at the Data 08:43 A Looking Crisis: A Hidden Financial Threat 13:03 How to Save Money: 5 Practical Strategies 20:36 Conclusion: The Power of Saving and the Path to Financial Stability   Want to go beyond "financial literacy" and get more wealth wisdom? Keep learning and get 5 more steps at https://www.wealthwisdomfp.com/report.

What is the hardest and nastiest problem in finance? What would Nobel Prize winning economist, William Sharpe say it is? It's retirement income planning. More Americans turned 65 years old in 2023 than in any other year in American history. This transition of the baby boomer population into retirement impacts everyone and everything. Check out today's episode for resources on building a passive income stream. You could do this whether you are 40 or 90 years old or in between. We've got multiple reputable sources who aren't trying to sell you anything. Could this episode give you the tools to tackle this hardest and nastiest problem in finance? Listen and find out!   Links mentioned in the episode: The Ernst & Young report: https://www.ey.com/en_us/insurance/how-life-insurers-can-provide-differentiated-retirement-benefits The consumer guide to lifetime income: https://www.bankonyourself.com/guaranteed-lifetime-income-consumer-guide?wp_src=AN79A Schedule a Discovery Call: https://www.wealthwisdomfp.com/call   Watch this episode on YouTube here: https://youtu.be/3BamZiVY9qw  Go even deeper on annuities here: Another video on our channel about annuities: https://youtu.be/_f5KAgCO4yk We really like these podcast episodes over on the Not Your Average Financial Podcast too:  Episode 211: Annuity Myths Exposed Episode 212: The Coming Revolution in Lifetime Income Episode 213: 8 Ways to Prosper From Annuities  

What do you think is the most common mistake real estate investors make? See if we come up with the same answer in this episode. Hint: We mention Arthur Guinness of Dublin, Ireland. He's the legend behind Brandon's favorite beer. Plus, we share 3 crucial steps to avoid this common mistake. One of these steps includes a way to save thousands of dollars and wasted time on a critical component of financial planning. Real estate investors, pay close attention. Others, you could be making this mistake too. Listen and evaluate your own mindset and actions!   Links Mentioned in the show: Craft an estate plan with worrying about how many hours it'll cost in fees or about your information being sold here: https://www.estatedocspro.com/a/wealthwisdomfp Ready to chat about what you want life to be life when you're 95 and how to get there? Schedule a Discovery Call to get started on a comprehensive financial strategy here: https://www.wealthwisdomfp.com/call Get our best insights on turning chaos to still in Five Smooth Stones here: https://www.wealthwisdomfp.com/shop     00:00 Introduction to Real Estate Investing 01:54 The Pitfalls of Short Term Thinking 02:27 The Chaos of Short Term Thinking 02:43 The Journey of a Real Estate Investor 04:06 The Burden of Real Estate Investing 05:11 How to Avoid the Chaos in Real Estate Investing 05:36 Three Big Ideas for Successful Real Estate Investing 10:59 The Importance of Estate Planning 15:01 Taking Action in Real Estate Investing 17:42 Conclusion and Next Steps   Watch this episode on YouTube here: https://youtu.be/raSWt32zhgk 

Many entrepreneurs face a dilemma of balancing financial stability and pursuing passion. First of all "balance" is too heavy of a target. How about a mix? Join Amanda as she lays out five core principles shaped as '5 P's' of combining passion and profit. The 5 P's offer a thoughtful blend of history, practical, and inspiration. Ready for a fulfilling professional and personal life where passion and profit complement each other? Don't forget Purpose to add a triple-bottom line to the 5 P's. Want more inspirational and practical content like this? Join the Wealth Wisdom Financial Community here: https://www.wealthwisdomfp.com/community.   00:01 Introduction: The Dilemma of Passion vs. Profit 01:18 Personal Journey: Balancing Passions and Entrepreneurship 02:59 Historical Inspirations: Learning from Successful Figures 05:50 Five Principles for Combining Passion and Profit 15:47 The Role of Purpose in Passion and Profit 18:58 Join the Wealth Wisdom Financial Community 20:27 Conclusion: Live Long and Profit   Watch this episode on YouTube here: https://youtu.be/qppcGGkm4ac

Watch this episode on YouTube: https://youtu.be/m45N7dByxPA     What if you had a flowchart for your money? What if you could easily see how every dollar that enters your sphere flows through your ecosystem? Would you like to see someone else's flowchart too?   In this week's podcast, we reveal the exact flowchart we use today. It's our 1-page money "treasure map." Of course, we visually demonstrate the Profit First method on our map, dividing our income into different categories and guiding you through the process. We also delve into what we believe is the most important part of our flowchart: "The Vault."   If you're someone who learns better through visuals, this could be just right for you. While your money map might look different from ours, we hope our journey can still offer valuable insights for your financial adventure!   Links mentioned in the show: Watch the older, 1 hour 20 minute version here: https://youtu.be/L-HRPFhiaFw?si=QhG02S51EQB1iESt. Around the 53 minute mark in is where we show our old money map. We'll show the update in the next episode.   If you're thinking about implementing Profit First, on average it takes a year.  We shortened the process to 12 weeks in our Implement Profit First in 12 Easy Steps. You can claim your access at: www.wealthwisdomfp.com/profit   Tip: Get a preview of the online quest here: https://wealthwisdom.mn.co/posts/implement-profit-first-in-12-easy-steps-welcome-watch-me-first    

Are you considering Profit First for your business or side hustle? Using Profit First but unsure how it'll work as you grow your revenue? Then, you'll love this episode where we revisit Profit First after fully using it for 5 years and seeing our business grow by leaps and bounds. We even share a couple hacks we use to save time and implement efficiently. One of those hacks is how we use YNAB (You Need A Budget) along with Profit First. Another is about an account we added to the core 7. Finally, don't forget (1) to click these links to discover more of how you might implement Profit First faster and easier and (2) to subscribe so you don't miss part 2.   Links mentioned in the show: Watch the older, 1 hour 20 minute version here: https://youtu.be/L-HRPFhiaFw?si=QhG02S51EQB1iESt. (Around the 53 minute mark in is where we show our old money map. We'll show the update in the next episode).   If you're thinking about implementing Profit First, on average it takes a year. We shortened the process to 12 weeks in our Implement Profit First in 12 Easy Steps.   Claim your access at: www.wealthwisdomfp.com/profit.   Tip: Get a preview of the online quest here: https://wealthwisdom.mn.co/posts/implement-profit-first-in-12-easy-steps-welcome-watch-me-first   Watch this episode on YouTube: https://youtu.be/ll98hpdj_ZI

This week, we talk about budgeting and why it can be a bit tricky. I (Amanda) will share my stories about budgeting, going all the way back to when I was in middle school. I'll also show you a budgeting app called Y.N.A.B. (You Need a Budget) and share my own way of using it.   We'll also take you to the "Cash Flow Control Room," a safe place for managing your money. Plus, we'll invite you to join the Wealth Wisdom Financial Community. In our online community, we have a course about using the Y.N.A.B. app. And guess what? For a short time, we're offering an 80% discount on our premium membership! Watch now!   Links Mentioned in the Episode   Join the Wealth Wisdom Financial Community here now before the discount disappears: https://wealthwisdom.mn.co/plans/305293?bundle_token=4556d6d7654de8f6260367dfbc9e9241&utm_source=manual     Learn more about how we budget in Manage Cash Flow Like a Millionaire here: https://www.wealthwisdomfp.com/ynab     Try YNAB and get a free month when you sign up (we get a free month too!): https://ynab.com/referral/?ref=RzDArtdB4Y-ZA8T5     Watch this episode on YouTube: https://youtu.be/_q8yh6nndE4

In this week's podcast, we joyfully commemorate the ten-year anniversary of our Bank On Yourself® policy. Throughout the episode, we take a trip down memory lane, reflecting on the past decade and sharing insights into how we've evolved and flourished both personally and as business owners by embracing this transformative mindset. The impact of this concept on our lives has been profound, shaping our journey in ways we never anticipated.   Furthermore, in this episode, we delve into the discussion about the ideal time to initiate a Bank On Yourself policy, and the resounding answer is now. We break down the notion that, while we might have pursued higher returns elsewhere, the Bank On Yourself policy has provided us with a robust and steady foundation for cultivating our wealth. This stable groundwork was a crucial need for us a decade ago, illustrating the enduring value of this financial approach in achieving long-term prosperity.   FACT CHECK: Our documentary screening was July 23rd, not March 23rd*   Links mentioned:   Signup for the Wealth Wisdom Week Waitlist Here: (get access to live-stream link or video recording released later that day) https://zfrmz.com/fLAZkY7Uj3HBT8Bj5i2M   What is Bank On Yourself®? video: https://youtu.be/tI-GMOVOpQE   Watch this episode on YouTube: https://youtu.be/401ELp4qiMk

As your wealth grows, are you supposed to buy more expensive houses, cars, clothes and everything else? The advertisers and marketers certainly want you to. This episode is for everyone with a growth mindset who will have more money in the future than they do today.     What does it look like to embrace clarity and joy as your wealth grows without feeling like you have to "keep up with the Joneses?" Are there examples of wealthy people who still live frugally and enjoy doing it?     Listen now to get inspired to cultivate a financial future that continues to build who you want to be personally and financially no matter how rich you become.     SIGN UP FOR WEALTH WISDOM WEEK HERE:   https://wealthwisdomweek.eventbrite.com     Watch this episode on YouTube:   https://youtu.be/t4S05Uy8UAM  

In this week's podcast, we reveal 10 (Essential) Questions to Ask a Financial Planner. Curated over time, we hope that these questions will serve as a solid basis for you to come back and revisit in your lifetime. While we do not answer all of these questions, we give you wisdom as to the why these are great questions to ask and return to.   We also reveal our carefully planned Wealth Wisdom Week; a week of five-one hour courses, live, that will help you further your financial experience. Inside of it, you will receive wisdom that will enrich your financial lives and (hopefully) beyond. Oh, and did we mention that it's free? SIGN UP WITH THE LINK BELOW!   Reserve your spot for Wealth Wisdom Week here: https://wealthwisdomweek.eventbrite.com   Download these questions here:  https://www.dropbox.com/scl/fi/edqllwhvmiwns9329fzlc/Questions-to-Ask-a-CFP-Download.pdf?rlkey=imsnlphhpuhz7k7orq1ivq3cf&dl=0     Watch this episdoe on YouTube: https://youtu.be/cvLK1cf_FLk

How does real, lasting change happen? We think most would agree that New Year's Resolutions are NOT the key to transformation. But what is?   In this episode, we share 4 tips for making greater financial freedom possible in the future. The first one might surprise you. The second one might make you cry. The third one is often misunderstood. The fourth one is the most powerful!   Take a listen now and then move forward into your future with greater power and confidence to make the change you wish to see in your financial journey!   Links mentioned in the episode: June's episode: What I Learned About Money by Becoming a Runner -    https://youtu.be/tHS0TOLfvXc     Join us at Wealth Wisdom Week in January 2024 and let's make this a year of prosperity and fulfillment: https://wealthwisdomweek.eventbrite.com     Watch this episode on YouTube: https://youtu.be/qmAWirW6Kcg

In our latest episode, we share three helpful tips to help you end the year with more wealth. We explain that wealth is not just about money; it includes things like good health, strong relationships, and a positive mindset. It's important to consider our overall health when reflecting over the holidays, and contemplating upon the New Year to come.   Additionally, we have an exciting holiday surprise for our listeners! As a special invitation, we encourage our audience to join the Wealth Wisdom Financial Community 2.0. In this community, we provide exclusive tips and tricks that go beyond what we share in our podcast episodes. It's a great opportunity to open up your New Year well!   Lastly, we want to wish everyone a very happy holiday season! May your days be filled with joy, laughter, and moments of warmth with your loved ones.   First things first, check out the gift Santa left you here: https://www.wealthwisdomfp.com/community   Links mentioned in the show:   Check out Malik's post at Tapas Movement for her 4 D's to dismantling diet culture https://medium.com/tapas-movement/tis-the-season-830f774065a0     Start the New Year off embracing joy with financial by grabbing your copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop        

In this week's podcast, we explore the different ways people face risks while trying to achieve financial freedom. We also look at the advantages and disadvantages of taking risks, helping you understand how to make decisions that are right for you. We discuss how feelings like fear and anxiety are inner-guides on your path, whether it's risk-taking, or financial freedom.   We also uncover the depth of Helen Keller, and how she took risk out of necessity, in order to live a more fulfilling life.   So, whether it's financial choices or personal growth, we explore how facing risks can be an exciting journey toward a brighter and more fulfilling future!   Links Mentioned in the Episode:   How to Stay Standing by Alli Patterson: https://theallipatterson.com/book/   Get your copy of Five Smooth Stones by Amanda and Brandon Neely here:  https://www.wealthwisdomfp.com/shop     Find this episode on YouTube:  https://youtu.be/iYe3mU0AYHM?si=e1d8D6jR1oP6f1oB