Wealthy HOMES

🎧 Elevate your wealth-building journey with the latest episode of the Wealthy HOMES podcast! 🌟 Uncover the profound impact of entrepreneurship and small business ownership. Did you know that 95% of companies and businesses in the U.S. are owned by individuals, and that on average self-employed individuals are wealthier than non-self employed? In this episode I go over topics like: ✨ Flexibility...

🛡️ Protecting Your Family: The Overlooked Necessity 🛡️   Life insurance – a topic often sidelined, yet incredibly important. Many of us are dangerously underinsured, leaving our loved ones vulnerable to financial hardships in what are probably the worst days of their lives. Did you know, your life insurance coverage should ideally be 10-20 times your income? Surprising, right? 📈   Here's the kick...

📈🔐 Unlocking the Power of Compound Interest! 💡📈   Have you seen any of the 7 wonders of the world? What about the 8th?  Let's explore the fascinating concept of compound interest, famously referred to as the "eighth wonder of the world" by Albert Einstein.   Yet, there's more to this story. Most don’t know the second half of the quote- "He who understands it, earns it… he who doesn't… pays it....

🎙️🏠 Let's be honest, the vast majority of handling your finances isn’t “fun.” Especially when you’re covering topics like taxes, insurance, and even estate planning. But, Jessica Brandow said “not on my watch.” Jessica is an estate planning attorney who came on the Wealthy HOMES podcast to breakdown wills, trusts, and everything you need to know to create a rock-solid estate plan for your young f...

📣🎙We had an incredible interview with the one and only Kyle Frizzell, the rockstar agent who took his Kyle Frizzell Agency to the TOP in Michigan! 🚀 In this episode, we explored: 🏆 Kyle's Success Story: Learn how Kyle grew his agency to become the cream of the crop among all Farm Bureau agencies in Michigan. His journey will inspire you and show you that with determination and a passion for ser...

💼 In the world of personal finance, budgets are the backbone of financial success! 💰📊   Did you know that individuals who explicitly set goals are 10x more likely to achieve them? 📈 That’s right, folks! Budgets aren’t just numbers on a spreadsheet; they are the secret sauce to unlocking your financial potential. 🗝️✨   Join me on the latest episode of “Budgets That Stick” as we jump into the c...

📣 Attention, fellow parents! It's time for some money-smart kid Chronicles! 💰😄 👩‍👧‍👦 Raising money-smart kids can be a wild adventure! 🚀💸 Just yesterday, my little one asked where my credit card was at. Should I be worried or impressed? Maybe both! 🏦 Forget piggy banks, my child wants to open a full-scale "Bank of Mom and Dad" with personalized interest rates and a loan department! 💸💼 N...

Join me for a captivating interview with Nate Baumann, from LVZ Investment Management. We delve into LVZ's impressive growth journey, shedding light on their remarkable journey to the top 10% of all RIA’s. 📈   Learn firsthand the collaborative synergy between an advisor and portfolio manager, as we uncover how Nate and I work together to give top-notch expertise and tailored investment strategies...

🎙️ Are you looking to maximize the value of your home and dive into the world of real estate investing? 🔑🏠 Our latest podcast episode is here to help you do just that! Join us as we chat with Esther & Ryan from The Leonard Group with EXP realty, specialists in maximizing home sales and running successful Airbnb’s.   In this episode, we delve into: 💰 Home Sale Strategies: Discover the invest...

Nobody likes receiving bills in the mail, but nothing would be worse than a letter from the IRS! Join us as we dive into an exclusive interview with Chris Micklatcher, a lawyer, CPA, and President of Fresh Start Tax Solutions, who shares invaluable insights on tax resolution for individuals and small businesses.   In this episode, we explore: 🔍 Who’s Chris Micklatcher: Learn about his background,...

📢 Invest in Your Future: Maximize Your 401(k) Potential! 💼💰   Did you know that your 401(k) is one of the most powerful tools for building wealth? Here's why you should make the most of it:   🌱 Start Early, Reap Rewards: The sooner you begin contributing to your 401(k), the longer your investments have to grow. Time is your best friend when it comes to harnessing the power of compounding inter...

Are you tired of the burden of debt weighing you down? Ready to take charge of your financial future? This episode is a must-listen! 🎧   Join me as I explore proven strategies, practical tips, and powerful techniques to tackle debt head-on and pave your way to financial freedom. 💸✨   In this episode, we'll cover: 🔸 The snowball and avalanche methods: Two powerful approaches to paying off debt...

In this episode, I delve into the incredible impact of giving and explore the profound happiness it brings. But what makes this episode truly special is the personal story I'll be sharing about my son's journey through open-heart surgery. ❤️‍🩹   Through his story, I uncover the incredible resilience and strength that can emerge from adversity, inspiring us to extend a helping hand to others facin...

Are you a parent or guardian concerned about the rising cost of higher education? 📚🎓 We've got you covered! The latest episode of the Wealthy HOMES Podcast dives into the crucial topic of saving for college. 💰✏️   Join me as I discuss the importance of early planning and how saving for college can open doors of opportunity for your child's future. Here's a sneak peek of what you'll learn:   🎯...

Saving money is not just about having a high income, it's also about developing the right mindset and discipline to pay yourself first. Instead of spending all of your money on things that you don't really need, set aside a portion of your income for savings. This could be as little as 10% of your income, or as much as you can afford. By paying yourself first, you are making saving a priority in y...

Are you looking to gain more insight into the importance of financial advisors and when you should have one? Look no further than the latest episode of the Wealthy HOMES podcast! Tune in to discover why having a financial advisor is important and when it’s the right time to take the plunge. Get ready to learn more about financial planning and the value of having a professional in your corner.    #...

How much you make is a touchy subject. You don’t go around your workplace asking how much you make or how much you’re paid per hour. Or, ask how much your car salesman is making on the car they're selling. The financial industry is different. We have to disclose fees, charges, expenses, revenue sharing, kickbacks, and even different ways we can be compensated. But, it hasn’t always been this way....

The financial planning industry can be confusing and often misunderstood. All “financial advisors” are different in how they work, the services they provide, and even how they are compensated. I decided to pull the curtain back and explain the ins and outs of what the day in the life of a financial advisor actually looks like.    To do this I put together a 3 part mini series. Over 3 episodes I wi...

Your credit score can be a touchy subject. It doesn’t indicate if you’re wealthy, or if you have a high income. A credit score was developed by lenders to assess how risky someone is to lend money to. We all know someone that we wouldn’t lend money to. Whether they haven’t paid you back or you have seen how badly they handle money. Your credit score tells your financial story, or what I like to ca...

“Estate Planning” is often associated with people who are older in age and people who have significant wealth. But, in reality it should be something on everyone’s radar, especially young families. Sandy Derby, from Preferred Financial Group, joins us in this episode to talk about estate planning and the order you should take when it comes to your estate plan. Where do you start? Start with these...

One of the greatest investors of all time has a great quote: “When the tide goes out, you find out who is swimming naked”-Warren Buffet. Well the tide has gone out and Silicon Valley Bank and some others are now naked. The question that a lot of people are wondering is: what happened and is my bank next?  To fully understand what happened to SVB, you need to understand diversification, interest ra...

Financial advisors are often looked at as the “Quarterback” of someone's financial life. We help create a game plan and then help our clients execute their plan to achieve their goals, whether that’s from a financial perspective, or their life goals. Our job as a quarterback can sometimes be as easy as “passing” a client to a CPA to help them with their complex tax situation, or “handing” them off...

One of the most common questions I get as an advisor is “What retirement account(s) should I contribute to?”    Walking into a candy store as a kid with a couple dollars was overwhelming. So many options from candy bars to suckers, to gummy candy, to the candy only our parents ate, and even the gumbo jawbreaker. You know nobody made it to the center of those things! Candy can sound so simple, but...

Does understanding retirement make your head spin just from saying “Roth IRA?” Retirement and investments can sometimes be about as clear as mud. That is where we come in!    In this episode of the Wealthy HOMES podcast, Pat and James join us to talk about investments and retirement. We break down the differences of IRA’s, having a workplace retirement plan, and the different investments you will...

What are odds that you have a podcast about financial planning and get to have your best friend on the show? Or even better yet, he works in financial services and provides a ton of value for the listeners of the Wealthy HOMES podcast.  You can say we are lucky to have Kyle McGann from Supreme Lending on the show! We dive deep into mortgages and what you should do prior to getting a mortgage, the...