The Millionaire Insider Podcast

Many people want to know how to build generational wealth for their family members. Today we dive into five insights on what you can do to leave money to your partner, children, grandchildren, or others. While there are a variety of options to build and leave wealth, we cover some of the most popular ones. In this episode, you will learn: >> (3:10) What is generational wealth? >> (5:55) How passiv...

Hiring a financial advisor is a significant personal milestone that requires insight to help you make the best decision. It can feel overwhelming, so we are breaking it down for you today. You will learn how to determine if you need to hire someone and how to choose who is the best fit to hire. For example, would a money coach be the best option, or do you need a financial advisor? Today's episode...

Affirmations are one of the most effective and incorrectly used tools to achieve your results. Today, I share insight on how to effectively use them and four of my favorite affirmations to get results. In this episode, you will learn: >> (2:00) The affirmation I value most >> (3:44) What exactly is an affirmation >> (6:28) How affirmation can impact your finances >> (7:37) Tips on how to create af...

Many people believe that millionaires don't have to manage their money. Nothing could be further from the truth. In fact, millionaires who retain that status are some of the best money managers in the world. The secret is to set up a budget that is easy and doesn't require a PhD in Finance. When you effectively manage your money, you will know what you earn and spend. When you are in control of ma...

Recently, I provided a training to our mastermind community on how to create your best year yet. This episode provides insight into making the best plan to achieve your goals in the upcoming year. While there are several questions you can ask, these six are game-changers and a great place to begin. You can expand your questions and plan once you get clarity and begin seeing results. This will give...

One of the best holiday gifts I can give you is the answer to a common question: "How Do You Manifest?" As we wind down this year and bring in the New Year, it is a great time to help you improve your ability to manifest what you want. One of my favorite and life-changing discoveries was learning to manifest (bring the dream to reality). Early in my life, I learned the power of what I refer to as...

It is a great time to reflect on the past year as you move forward to the upcoming year. In today's episode, "New Year's Reflections, Resolutions, and Lessons," I share insight to help you reflect on your wins and opportunities from the last year and those ahead in the new year. As I write this, I am at my condo that overlooks the ocean. About 18 years ago, I envisioned owning a condo overlooking...

One of the biggest concerns most of us have is how Social Security and inflation may impact our retirement. In the recent Gallop Poll, 9 out of 10 people shared that they need Social Security Income (SSI) benefits for their retirement. Of those polled, 59% said it was a significant part of their retirement, and 29% said their SSI benefit was minor. The solvency of Social Security has been a proble...

Anyone paying attention wants to understand how the proposals for tariffs and immigration may impact their finances. The answer is a billion-dollar nugget. If implemented, these proposals will impact everything from the cost of goods to how much money we can save to the solvency of Social Security and Medicare. And while there is no guarantee of what will happen, today we dive into insight to help...

Holiday spending is one of the main reasons people ruin their money plan. Creating a plan you can execute will dramatically increase your odds of enjoying the holidays and avoiding the overspending frenzy so many people fall prey to. Simple actions are the secret to creating a secure financial future and today you will learn some great tips. Specifically, you will learn ways to spend wisely, minim...

The majority of articles regarding the habits of millionaires discuss common habits. Today, you will learn some not-so-common millionaire habits that have dramatically impacted my life and hopefully will help you on your journey. You will also learn habits of millionaires that, in some cases, took me decades to discover, which may surprise you. In this episode, you will learn: >> (3:30) One of the...

It can be hard to save in a retirement account if you make a lot of money. One of my favorite strategies is what I call "The Secret Backdoor Roth IRA." Today, you will learn what it is, if it makes sense for you or a family member, and how it's used in retirement planning. My associate and CFP® Oscar Alvarez joins us for this episode. In this episode, you will learn: >> (2:30) Understanding qualif...

Dopamine loops drive our behaviors – good and bad. From eating, working, exercising, drinking, and many more, it's paramount that you recognize the loops you are caught in and accentuate the positive ones while moderating the negative ones. Today, you will learn how to recognize a dopamine loop, how it impacts your financial decisions, and what you can do to use it for your benefit. Mastering your...

Choosing the right money mindset coach or advisor can make all the difference in your journey to financial freedom. With so many different options, it can be overwhelming to determine which plan will best support you. Every situation is different, and finding the right coach or financial advisor may take some time.  Today, you will learn what you need to know and consider so you can hire the right...

One of the most common questions people ask is if  $1 million dollars is enough to retire. While I'm not allowed to give you specific advice, today, you will learn what you need to know and do to ensure you have enough money to retire comfortably. This episode is a wealth of information about retirement planning so you can live a financially free life you love. In this episode, you will learn: >>...

One of the most common questions is, "Should I transfer my 401k to an IRA?" Before we dive in, please note that you should consult a financial professional before making any investment or financial planning decisions. Today, I interview Susan Kroeger, CFP® and Social Security expert, about the insights you need to consider before you transfer your 401k to an IRA. The insight you will learn will pr...

Money scams continue to rob people of their hard-earned money. In fact, the Federal Trade Commission reported that consumers lost almost $8.8 billion to scams in 2022, up 30% from 2021. Technology advances, including AI, are furthering scams and making it more challenging to determine what is legitimate versus fraudulent. Therefore, it is paramount that you learn how to spot scams so you don't bec...

Money anxiety disorder (MAD) is becoming more common among people of all ages. More than ever, people feel the squeeze, from the rising cost of goods to increasing insurance prices. Don't just take my word for it; it's now a diagnosable condition. In today's episode, I'll give you insight into managing these feelings and improving your relationship with money. In this episode, you will learn: >> (...

By spending your money wisely, you'll have more to  invest in yourself and the people you love. Most of us want to make the most of our money. And making smart money decisions is critical to securing your financial future. Today, you will learn how to spend money with your best interests in mind so you can worry less and enjoy life more. In this episode, you will learn: >> (2:25) A great question...

One of the most common questions I receive is "How do I invest my money?" Since the market is at an all-time high and I am making some major changes to my personal portfolio, I decided to provide an update on what I am doing. Please note: this is not investment advice, and I am not suggesting specific investments (that is not allowed without having an advisory agreement and reviewing your specific...

Choosing the trustee of a trust is a major decision that can have excellent or devastating consequences to your estate plan. Therefore, it is critical that you take different scenarios into account when selecting a trustee. Today's episode will provide insight so you can choose the best person. Estate planning and the various decisions that come along with it can be overwhelming. Today's episode,...

Many people struggle with overspending. When those close to you are struggling financially, it's helpful to understand the how and why behind the addiction. This will also help them on their journey of overcoming overspending. Today, you will learn how to better help those in need of money and how to ensure your decision won't impact your financial future or retirement. You will love today's episo...

The millionaire advice I have learned over the last three decades (yes, it is hard to believe I have been at this for over 35 years!) is priceless. Some insights may seem like common sense, while other wisdom could be priceless for your and your family's financial future. If you want my advice to family and friends, you will love today's episode. In this episode, you will learn: >> (6:24) My first...

One of the most common questions we receive is, "Should I Buy Long-Term Care Insurance, and What Does It Cover?" Today, you will learn the A-Z of long-term care insurance and why it is so critical to your financial future. In this episode, you will learn: >> (2:58) What exactly is long-term care insurance? >> (3:34) Why long-term care is so important >> (5:39) The coverage options available >> (8:...

Creating a financial reset is critical to building a secure retirement and future. Today, you will learn insight to help you assess your current situation and determine what you need to do to ensure your finances are in order. In this episode, you will learn: >> (0:39) The power of the happy drug >> (3:12) The first critical financial step >> (4:10) Documents included in an estate plan >> (6:14) W...