Accumulating Wealth

After living large on market returns, low interest rates and stimulus the past few years, 2022 dropped in to bring us back down to earth. Yesterday's problems seem here to stay, which means it's time to right-size your lifestyle for the new year. In this episode, the guys help you leverage some of the upsides from 2022 to get a head start on a 2023 plan that will not only bring you peace of mind b...

About 52% of decision makers within dental offices intended to focus on patient engagement in 2022, but maintaining this goal was more difficult than expected. The guys take a look back on those ever-increasing staff wages, the debate of raising fees and setting budgets, and the possible 'new normal' we may expect in 2023.

Domestic and global polarization is at an all-time high, and it's impacting more than just your dinner conversations. The guys discuss the strength of the U.S. Dollar, onshoring implications, and the potential impact the midterm shift in power may have on energy, oil, and taxes.

2022 brought a shakeup in the stock and bond market leaving investors feeling like they had nowhere to hide. The guys analyze the year from the beginning, make sense of the mania surrounding the market headlines and offer some guidance on how to approach it all in 2023.

We've made an end-of-year tax savings checklist and now it's time to check it twice. Hunter and Judson take into consideration the changing economic landscape, business projections, and if you've been naughty or nice, as they walk you through these helpful tax-saving strategy tips. It's not too late, listen in to ensure your money is working for you as some changes may be necessary to take advanta...

Caring for aging parents is a compassionate but often trying commitment. Already an emotional ride, add the financial component and family dynamics into the mix, and you've got the recipe for a bumpy ride. Founder Darrell Cain advises on initiating important conversations with family, reducing the risk of manipulation, and exploring your resources and options, all while examining your own financia...

The cost of life seems to take many college graduates by surprise. One way to avoid the crash and burn? Prepare your kids early to fully understand the role money plays in our everyday lives. Special guest, Dr. Earle Sullivan shares his experience raising his three adult children and the lessons that packed the most punch. He'll admit, it didn't all come from inside the home, many of the influenti...

CWA Partner and CPA Dan Wicker has instilled good financial values in his adult children...right? When his kids went off to college, he had to face what every parent eventually does: watching his children manage their own time and money, hoping they learned and absorbed what he had tried to teach them their whole life. In this episode, he talks about what every parent can do to set up their childr...

Over the years, you face competing demands on your time and financial resources from children, aging parents, dependents and loved ones in your life. In this episode, the guys talk with Drs. Ryan and Tiffany Harris on what it's like to juggle a successful practice, activism within their community, and, most importantly, teaching their four children the values of money, from everyday transactions t...

In today's episode, CWA Partner Tim Greaves recalls the '08 recession and answers the question: "are we safer today than we were many years ago?" While no two downturns are quite the same, the guys talk about lessons learned and hash out the best measures you can take to prepare for a potentially bumpy ride.

With the threat of a real recession looming, it's time to make some serious business decisions. The initiatives you put on hold during the pandemic may need to be brought back to life. In this episode, Judson and Hunter discuss the things you can do to help you put your best foot forward during tough economic times.

The guys are back to calm seasoned and new investors on the market volatility fears. While it is scary, embracing it could be an opportunity for profit, whether you are a retiree who is concerned on when to pull from investments or the newbie who may be allowing emotion to dictate their investment behavior.

This season starts on a high note—the 100th episode! Today they look at what elements of your personal and business plan you should get in order to breathe easier if adverse economic times hit sooner than expected. Additionally, they list out resources to have in place for the next 12-24 months.

The day of a practice owner doesn't end when the last patient walks out the door. How are you keeping up with the items on your business owner to-do list? Trying to manage it all often comes with one big headache, and likely even some things pushed to the back burner. Listen in as the guys advise on how to best allocate you and your team's time.

Clinical education and training does not always translate to preparation for owning a business. Especially when it comes to managing people. Hunter, Judson and guest Paul Edwards with CEDR Solutions is here to change that by sharing how owners can leverage an HR strategy to help build a team for the long-term.

At some point, you've likely battled PPO insurance reimbursement rates in your practice. While there's no one-size-fits-all answer, the decision to leverage insurance carriers or go fee-for-service only in your practice can impact your business for years ahead. The guys discuss the advantages and disadvantages on your options, from accepting insurances, dropping insurances and everything in betwee...

Keeping a handle on your financial statements is essential to your business' financial plan. This means more than simply reviewing them once a quarter, as inaccurately tracking profit, losses, expenses and more all pose risks to your practice. The guys get to the point on how to leverage these tools to measure the health of your practice.

Redefining your practice vision and goals each year may sound like one more thing to add to your to-do list, but this could be the key to staying ahead of the rising tide of competition. Whether you're seeking to double revenue, increase new patients or expand, setting a concept or vision of what you want your business and career to look like in the future makes all the difference in the ability t...

You've probably heard the saying 'the stock market isn't the economy,' but how is a volatile market not a sign of a weak economy? Chartered Financial Analyst (CFA) and Tectonic Advising Manager Brad Sanders is here to address common concerns investors have due to the market turmoil. He explains the weaknesses in pockets of the economy and shares ways investors can ease fears and look toward positi...

As inflation lingers, so does the possibility of a recession. Is there a light at the end of the tunnel? Interest rate hikes can decrease inflation by making it more expensive for consumers to borrow money. Couple that with a growing economy, and rising rates can actually be a step in the right direction. The guys define the three main drivers of inflation and how to position yourself and your por...

The guys answer the number one question they've received recently from clients, "I have all this cash but I feel like I'm losing purchasing power by the day with where inflation is heading. What should I do?" There's no one-size-fits-all answer, but the guys advise on ways to preserve your purchasing power and put your personal and business money to work for the long haul.

Rising interest rates can make a big impact on your business and personal debt when you consider that a half percentage point could change the payoff date by years. So, how do you stay afloat in an inflationary environment? The guys advise on proper management on different types of debt, advancing your purchasing power during volatile times and the secret to leveraging the best inflation hedge.

The U.S. economy can be hard to predict in today's environment but understanding the Fed's history can help investors make sense of the spike in interest rates. Hunter and Judson start with the basics, dissecting the state of the market through the effects of inflation on investments in this episode.

Dr. Geoffrey Gamache quickly found his hands full when he bought his New York dental practice. When he decided it was time to invest in expanding his office space, he didn't quite know the amount of work he was undertaking. He walks through the process of expanding his practice by more than 5,000 sq. ft. and the importance of preparing yourself and your staff for the drastic change.

Getting a dental practice loan or financing new equipment can be an obstacle for dentists, but you have options. Listen in as Judson and Hunter talk through selecting a conventional or SBA loan. Ultimately, whatever option you choose can be the determining factor on the size and price of your practice.