Wealth Academy Podcast - Wealth Is More Than Just Money

April brings about new opportunities and is recognized as National Financial Literacy Month for its 19th year, and there are quite a few reasons why the designation is as important as it ever has been. First things first, the pandemic is coming to a close, and know that it wreaked havoc across the globe. The loss of life has been staggering, and the financial impact of Covid-19 continues to be fel...

The 2022 Equal Pay Day is Tuesday, March 15. According to the National Committee on Pay Equity, This date symbolizes how far into the year women must work to earn what men earned in the previous year. Historically, Equal Pay Day was originated by the National Committee on Pay Equity (NCPE) in 1996 as a public awareness event to illustrate the gap between men's and women's wages.  It was fo...

Valarie Austin is President of Vauboix Publishing, LLC. She is  Lieutenant Colonel (Retired, U.S. Army) Austin is a career and college readiness author and trainer. Her college readiness book, “The Student's Comprehensive Guide For College & Other Life Lessons,” is featured on Amazon.com and various other book outlets.  Valarie is a prolific and successful professional speaker who has pres...

What is inflation? Inflation is the increase in the price of goods and services over time. Inflation causes your buying power to erode, meaning that the same dollar today buys less in the future. The bottom line to this story is too much money chasing too few goods and services. What is causing the current challenge when it comes to inflation? The market power and the poor media coverage of this m...

Kyle Stephenson has been investing in residential real estate since 1990. He owns approximately 300 units individually and an additional 800 units in various syndications. The portfolio is comprised of single-family homes, small apartment communities, and large apartment communities. The primary focus of his holdings has always been to generate cash flow with a secondary focus on long-term appreci...

It happened, it really happened! On March 16 the Federal Reserve increased interest by 0.25 % percent. That is not all, they announced there will be six additional increases through the end of 2022. Why? The Federal Reserve states it is working to offset inflation. OK, good try but why didn't they do this in 2021 to get ahead of this reality. Anyhow this episode focuses on how you and I naviga...

Celebrate good times come on! Because of you, we celebrate our 200th episode of Wealth Academy Podcast and it would not be possible without you. Please subscribe to Wealth Academy Podcast and you can listen to episodes on https://bit.ly/3n84xSF The backstory of Wealth Academy Podcast consists of its beginnings which took place during the height of the pandemic in August 2020. In-person speaking ve...

One of the things more families need to do is to have money talks. The focus of money talk should be on the four-letter word, debt. Facts: Credit card debt decreased during the pandemic, however, Americans spend too much with credit cards. 1. Average credit card balance  $5,525  dollars 2. Average revolving utilization rate 25% 3. Loans made by banks $806 billion 4. Highest number of credit cards...

  So what are money leaks? Money leaks are small expenses that add up over time. This can include anything from buying take-out for lunch every day to paying for subscription services that you no longer use. What causes money leaks? Leaking spending results from poor financial planning and impulse purchases that you may not consider expensive at the time, but over time, these purchases add up quic...

According to small business failure statistics, nearly a third of companies don’t make it because they simply run out of cash. This makes sense considering that 67% of owners use personal funds to deal with their financial crisis, which can become extremely costly in the long run. There is one thing entrepreneurs, small business owners, and startups need and it's this…they all need capital or...

Wendy Brookhouse is a financial planner extraordinaire and during this episode, she weaves her experience in business consulting, business ownership, and focuses on simplification to achieve outstanding results.  Wendy Brookstone shares what and who inspired her to get involved in the financial services space as a financial advisor. She is the founder and Chief Strategist for Black Star Wealth and...

Just imagine that you had an extra one thousand dollars in the bank, perhaps it was a gift, you saved it, and or it was a side hustle that was in play. So, what would you do with the money?  This happens to people every day and it could happen to you. Below you will find a few ideas I am recommending as to how you can manage your extra one thousand dollars: Some online banks do not charge fees for...

As people go about their day-to-day life, they don't think about living without debt because they are just trying to do their best. Here are a few tips to consider to assist you in positioning yourself to live a life without debt which is more possible than you will ever know. Don't neglect saving money, pay your debts but don't do so at the expense of your savings and emergency accoun...

Take it from Paul Lawrence Vann, with inflation making its presence felt in our lives, with war just starting and the economy is going through yet another shift, it is high time for us all to get our money goals and resolutions in order. Paul shares a few steps and recommendations to help you jumpstart your money goals for 2022. Here are a few steps to start you along your money journey:   Establi...

Count the cost of managing your finances off the cuff and without discipline because when you do this, you will experience overspending. As a financial strategist Paul works with clients, designs virtual courses, and coaches people on how to develop their very own personal finance system that will help them assess their entire financial management ecosystem. The problem a lot of people are encount...

Sybil is a philanthropic professional and has over 20 years of experience working with donors to provide best funding practices that help them avoid mistakes while making a positive difference in their community, she also offers step-by-step guides through online courses, a podcast, and other remarkable resources. Sybil shares what inspired her to get involved in philanthropy. That's not all,...

Shaquana Watson-Harkness is a personal finance and wealth literacy expert with 16 years of experience in the Financial Services industry. Her goal is to help professional millennial women achieve financial independence by shifting their mindset towards wealth building, she's also a financial coach. Shaquana shares with listeners the genesis for her becoming a part of the financial services ind...

This special Valentine's Day episode consists of guest Dr. Diana Kirschner, founder of Lovein90days.com, PBS Love expert, psychologist, and bestselling author of the book, "Love In  90 Days" She has helped thousands of singles and couples to find the relationships of their dreams.  With her team of expert Love Mentor® dating and relationship coaches, she uses a unique approach that has...

Research provides many examples of people that set goals achieve greater success in life than those that don't. Paul Lawrence Vann knows a thing or two about money goals, he overcame abject poverty in his youth to become a global financial expert over the course of his professional career. What is most important about setting money goals is to set big goals and commit to the process as if your...

The question I have for you is this, are you an overspender? Overspending has everything to do with one's emotions because it is the only justification for why people purchase things they know they cannot afford. Self-control tips and strategies are shared during this episode of the Wealth Academy Podcast. Research reflects that advertising, lifestyle creep, and social pressure contribute to o...

In what is an amazing episode with Bishop Kevin R. Richardson, founding pastor of Hope Fellowship Church in Suitland, Maryland. Bishop Richardson and host Paul Lawrence Vann served in the United States Air Force in the Pentagon in support of the National Guard Bureau in the Pentagon for several years. Host Vann called on Bishop Richardson to share spiritual wisdom to the Wealth Academy Podcast com...

Paul Lawrence Vann shares retirement investment tips and he encourages you to consult with a financial advisor, an investment firm, and or your accountant, these tips are for educational purposes. Keep these retirement investing tips in mind as you invest for your life's biggest and greatest financial goal. Chances are that as soon as you start investing, you're thinking about retirement....

American Express Essentials selected and recommends the book, Black Inventors as one of ten books people should read during Black History Month. Mind you Keith C. Holme's book is on the list with books written by Dr. Martin Luther King, Jr, Mrs. Coretta Scott King, Dick Gregory, and other esteemed authors such as former President Barack Obama and Mrs. Michelle Obama. Keith C. Holme's resea...

It is not surprising to learn people become fearful of inflation because it affects their livelihood. Make no mistake about it the price of food, gas, and other products and services are making life tougher for people because the income people earn does not increase at the rate goods and services increase. Inflation means people pay more for less and this is what drives fear. For example the price...

Denise is CEO of Hart of the Sell Home Staging and Redesign, CEO of Mindset Mojo, TV Writing Coach at Howard University, and a tenured professor at Howard. Denise shares what inspired her to venture into the interior design space. She provides insight on how her mother and aunt influenced her design philosophy and how early on in life her experience  shapes her design philosophy today. Denise is t...