Moneywise

What’s the true value of money when faced with a life-or-death situation? Mitch found out the hard way when his wife was diagnosed with cancer. As a highly successful entrepreneur with a net worth of nearly $100 million, Mitch had built a life of financial security. But when faced with his wife’s illness and his own health scare, he discovered that no amount of money could buy control over life’s...

What happens when you don’t sell your company and keep growing it for decades?  For Oscar, it means you become a billionaire. Oscar bought a company every six weeks for 20 years and now his business is worth about $50 billion. Yet, he still wears $15 t-shirts and lives by the values that helped him achieve success. In this episode, he shares how he became a billionaire while always putting family...

Can success create a false sense of invincibility? For Pete, it did—and it cost him millions. After selling his business for $80 million, Pete felt unstoppable. But his overconfidence led him into a risky venture that didn’t pay off. Determined to prove he wasn’t a one-hit wonder, Pete ignored the warnings, thinking his past success guaranteed future wins. Instead, he faced one of the hardest loss...

How Do You Stop Hustling When You’ve Already Won? Laura Roeder told herself that at $5 million liquid she could live the life she wanted and refocus her life on what matters most: living. Unlike a lot of entrepreneurs who get caught up in the game and keep chasing more, Laura stayed true to that goal and quit hustling harder than she had to. But how did she avoid the endless treadmill for more? La...

Ever wondered what it feels like to be the richest person in a tiny town in the middle of nowhere? Today’s guest, Travis, is worth $50m, yet he’s never been tempted to leave his hometown of 2400 people. Travis has already had an exit of $25m, and he’s about to double that with a second exit. Now he’s navigating life as the local big shot. From curious neighbors asking about his money to balancing...

13 million dollars is a lot. But is it enough to retire on? For pre-epiphany Ryan Begelman, the answer is no. Ryan built his wealth working in the corporate world, then decided to risk it all and bought into Bisnow. That risk paid off, and Ryan made a huge profit. But despite his successes, he found himself grappling with lifestyle inflation, misguided investments, and financial uncertainty. In th...

Worried that your wealth might turn your kids into spoiled, unmotivated adults? Dr. Becky’s here to show us how to raise resilient, grounded kids even when money isn’t an issue. She’s the force behind "Good Inside", often called the "millennial parent whisperer." With a clinical psychology background, and her own experience parenting young kids while founding a rapidly growing successful business,...

Imagine waking up one day to find nearly everything you've worked for is gone.  Today’s guest, Domenic, lived through that nightmare. His story begins at Facebook, where he was one of the early employees during the dawn of the social media era. He wisely took as much equity as possible, which paid off handsomely when the company went public. Despite his newfound wealth, a series of unfortunate dec...

Dating is already weird and vulnerable, but when you’re wealthy, talking finances can feel like dropping a bombshell. In this episode, we explore the complexities of dating with significant wealth and how to handle the inevitable conversations about money. Today's guest, who we'll call Alex, is worth around $133 million. His journey to wealth began with a company he founded with his now ex-wife, a...

Falling in love, getting married and spending the rest of your life together with someone can be one of the most magical things in the world. But when the matter of money gets involved, things can get well… complicated.  What was once a dream can very quickly become a nightmare and reveal something much more sinister. Which is what Jennifer experienced first-hand.  At the start of their marriage,...

How much money do you need to be happy? Money alone is not going to make you a happy person, but it can sure as hell help you get there. Money can buy you security, time, health, and safety for you and your loved ones, and it can relieve stress when it comes to life's financial pressures. To say that money can't impact your happiness is naive. But what we want to know is, when is enough, enough ?...

Confidence is key, but confidence is earned. And Anne Mahlum has earned hers.  She has dedicated her life to self-improvement and continuous learning. Because of that, combined with her insanely positive attitude, she’s built a networth of well over $100M.  Her confidence in herself is evident. In fact, she once turned down a significant investment into her start-up in favor of using her entire pe...

Getting rich at any age is pretty cool. But being rich in your late teens and early 20s? Of course, that’s awesome, but it can be difficult to navigate wealth when you’re basically still a kid. That was the case for my buddy, Andrew Wilkinson . He invested in and sold a few tech companies early on and thought he was set for life. He bought whatever he wanted. But he had a serious wake-up call in 2...

Young people these days talk about wanting balance in their lives.   Well according to Scott Galloway , that means you don’t want to be rich.  Building wealth is no easy feat. It requires determination, hard work and sacrifice. But luck plays a huge role too.  Scott shares stories with us that he’s rarely talked about publicly. He dives into the strategies that helped him build his fortune. He’s a...

Why would you give up $500k/month personal cash flow?  Despite his company's rapid profit growth, Marshall Haas chose to forgo his substantial income for mental space and a $26M exit. Before considering selling his main company, Marshall had already begun offloading smaller businesses.  In this episode, recorded just weeks after his major exit, Marshall provides a fresh perspective on the exit pro...

Remember when Andrew Carnegie wrote that he was removing the pursuit of money from his life? Probably not, because he didn’t follow through on it. This was even before he founded the Carnegie Steel Corporation and became one of the richest people in the world. Today’s guest, however, also decided to cut himself off from earning more. And he followed through. By the time Jeff was in his forties, he...

This is not a normal episode, this is better. We’ve heard how much Moneywise listeners love the transparency we get from our guests, so we’ve gone a step further. We sent out a survey to all Hampton members and got hundreds of responses detailing things like how much money they have, how they spend it, what their family situation is, if they have debt and how much, etc. etc. etc.  And we’re giving...

Last year, Mike Beckham donated 1 million dollars.  This year, he's setting his sights even higher. He wants to give away 50% of his annual income. And that's not all—his company, Simple Modern , with a valuation of around 350 million dollars, also allocates 10% of its profits each year to charitable causes. Mike's journey to philanthropy has been shaped by a deep-rooted commitment to making a dif...

Being born rich sounds like a dream, but it’s almost like being born at the finish line, with no race left to run. If we’ve learned anything in this podcast so far, it’s that money alone doesn’t bring happiness. Life needs purpose. But when you already have access to everything you could possibly need, finding that purpose can be difficult. So, how do we ensure our children inherit not just wealth...

If you’re already living the lifestyle you want, what is the point of liquid assets? Is there too much risk in tying up the vast majority of your assets? And more importantly, if you already have far more money than you’ll ever need, what is the purpose in continuing to invest for the future when you could be enjoying that money in the present? “Dave” is worth about $150 million, yet he lives on a...

If you have the money to put anything you could possibly want in your home, should you do it? This episode’s guest, “Hank” did, and as a result, his home ended up being 24,000 square feet. But with 24,000 square feet, there is a lot to go wrong. So are the upkeep, repairs, and bills worth the square footage? Can a home with all the fancy features you can imagine actually bring more joy to your lif...

The point of money is to make life easier. To give you security, comfort, and the ability to do the things that make you happy. So if you’ve made enough to take care of that for life, you can just stop making more… right? Retiring early is a dream for many, but what happens when you actually do it? In this episode we explore the story of two guests who did just that, though they came about it in d...

Imagine being worth $150 million. Liquid.  Now imagine being worth that much, and only spending $5,000 a month. That’s the reality for this episode’s guest. “Cam” is going to share a lot of financial details with us, so he’s asked to remain anonymous. What we can tell you, is that he made most of his money when a business he started went public at a valuation of around a billion dollars. That happ...

There was a time when Neil Patel said a $15k/month burn rate was all he needed. But now his monthly burn is $200k. Roughly. He’s not completely certain… because he doesn’t budget. So what changed in his life to make his burn rate increase nearly 14 fold? That’s what this episode is going to find out. Neil Patel is a household name (for marketers). He’s an entrepreneur and blogger known for his exp...

How much money do you need to be happy? Money alone is not going to make you a happy person, but it can sure as hell help you get there. Money can buy you security, time, health, and safety for you and your loved ones, and it can relieve stress when it comes to life's financial pressures. To say that money can't impact your happiness is naive. But what we want to know is, when is enough, enough ?...