Wealth Wisdom Financial Podcast

Have you ever experienced the harsh reality of Parkinson's Law? Maybe it was in college where you crammed the night before a test when you could've been studying all semester. Maybe you experienced it when you had a work deadline that got moved up and you still got the project completed in time. Have you ever tried using Parkinson's Law to build wealth? Don't miss this episode for inspiration to use such a powerful, natural human inclination to your advantage rather than against you! 00:00 Meet Joe: A Journey from Procrastination to Success 03:24 Harnessing Parkinson's Law for Financial and Business Success 06:23 The Power of Pre-decisions in Managing Money 10:20 Maximizing Income and Preparing for Future Financial Opportunities 14:18 The Importance of Pre-deciding Your Financial Future Links mentioned in the episode: Five Smooth Stoneswww.wealthwisdomfp.com/shop Watch this episode on YouTube here: https://youtu.be/KuFyFHYd6ow

What do you do first when you wake up in the morning? What do you do first when you start your work day? What do you do first when you receive money? The answers to these questions reveal a lot about our hearts. In this episode, we reveal 3 positive results we saw when we changed what we do first when we receive money. Want to transform your money story? What if you started with what you do first?!?! Links mentioned in the episode: Five Smooth Stoneshttps://www.wealthwisdomfp.com/shophttps://www.wealthwisdomfp.com/call 00:00 The Power of Prioritizing: Sarah's Story 02:57 Exploring the 12 Foundational Money Principles 04:22 The Principle of Putting First Things First 04:26 The Importance of Time and Money Management 11:15 Prioritizing Giving and Saving in Your Financial Plan 13:27 Overcoming the 'Yeah Buts' and Taking Control Watch this episode on YouTube: https://youtu.be/YzGZiexz3pg

Recently, Brandon added "An Authorized Infinite Banking Practitioner" to his status as a Bank On Yourself® Professional. Here's proof: https://infinitebanking.org/agents/neely758. Who better to share their perspective on what BOTH Bank On Yourself AND Infinite Banking bring to bettering your financial future? As Brandon shares in the episode, we don't want to be so much AGAINST anything or anyone. We want to be FOR our clients! Get the books: https://www.bankonyourself.com/shop/the-bank-on-yourself-revolution-paperbackhttps://infinitebanking.org/product/becoming-your-own-banker/ Start the process: https://www.wealthwisdomfp.com/call 00:00 The Power of Positivity in Finance 01:48 The Impact of Faith and Financial Books on Our Lives 02:06 Exploring the Bank On Yourself Concept 04:04 The Influence of R. Nelson Nash and Infinite Banking 07:13 The Importance of Choosing the Right Financial Professional 08:10 Why Bank On Yourself and Infinite Banking Matter 12:01 The Significance of Education and Choosing Wisely

Why are people of all ages so stressed about money? Is it because we're all screwed? Is it because of all the negativity that helps social media posts and news articles get clicks? Which financial services firm would you rather work with? (1) Head in the Sand Financial Services - "We deliberately refuse to accept the truth just like you." OR (2) Head in the Clouds Financial Services - "We have lofty goals we're never gonna hit too!" Amid a chaotic world, Brandon emphasizes the need for a balanced approach, avoiding the extremes of denial and unrealistic ambition. Using wealth wisdom and strategies like Infinite Banking and Profit First, Brandon advocates for proactive financial planning and setting realistic goals to navigate and overcome financial challenges. Plus, he shares exactly how the dreamer and the ostrich can find their financial grounding! 00:00 Dramatic Opening: The Financial Dilemma We All Face 02:01 Breaking Down Financial Personalities: Ostriches vs. Clouds 05:31 Strategies for Financial Stability and Growth 07:09 Empowering Your Financial Future: Beyond Ostriches and Clouds 09:52 Conclusion: Mastering Your Financial Destiny Links Mentioned in the Episode Five Smooth Stoneshttps://www.wealthwisdomfp.com/shop Watch this episode on YouTube here: https://youtu.be/sGt3kvldz0s

Are you a 'HENRY' - High Earner Not Yet Rich? Some, despite earning six figures, still live paycheck to paycheck. There are too many potential causes. There's inflation, student loans, and pressures amplified by social media! Might the banking system or conventional financial strategies be to blame? Here's your chance to redefine 'HENRY' and get off the struggle bus. It's all about flipping the script and redefining the same acronym: HENRY. Plus, we offer 2 FREE resources to guide you in embracing a new financial story. It's time to break the paycheck-to-paycheck cycle and to enjoy life more! 00:00 Unpacking the HENRY Acronym: High Earner, Not Yet Rich 00:44 Introducing the Wealth Wisdom Financial Podcast - NEW INTRO! 01:58 The Struggle of Six-Figure Earners: Causes and Culprits 04:27 Breaking the Cycle: A New Take on HENRY 09:44 Building Your Money Team and Staying in Control 14:49 Exclusive Resources: Five Smooth Stones and Wealth Wisdom Community Links mentioned in the episode: Five Smooth Stoneshttps://bit.ly/sample5smoothstones https://wealthwisdom.mn.co/plans/291835?bundle_token=bde9e9f267ba608aeae8b07e037063f2&utm_source=manual Watch this episode on YouTube: https://youtu.be/C-9pnUZDe4Q

This episode addresses the six common financial 'fires' or challenges that can potentially derail one's financial well-being. These 6 fires are (1) liquidity needs, (2) long-term disability, (3) loss of life, (4) long-term care, (5) longevity, and (6) legal liability. Get your fire extinguishers ready BEFORE one of these fires hits you or your family! Join your hosts and special guest Mark Willis, CFP®. This episode is full of real-life examples. We also quickly get hopeful with ideas and share a software we offer to our clients: Asset-Map. Asset-Map is a tool visualizing one's financial situation, assets, liabilities, and insurance policies to prepare for and mitigate these risks effectively. We also touch upon the psychological aspects of financial planning and the peace of mind that comes with being prepared. By fostering an understanding of these challenges and encouraging proactive planning, the episode aims to empower listeners to achieve financial peace and security. 00:00 Opening Remarks: Navigating Financial Well-being 01:29 Personal Stories: The Impact of Financial Planning 06:14 The Six L's of Financial Security 06:33 Deep Dive into Liquidity Needs 07:51 Understanding Long-Term Disability 10:51 The Importance of Life Insurance 15:04 Addressing Long-Term Care Concerns 18:26 Facing the Reality of Longevity 21:33 Legal Liability and Legacy Planning 26:19 Empowering Fire Prevention Strategies 26:54 The Essence of Planning Over Plans 28:44 Introducing the Jetson Family: A Financial Planning Case Study 37:24 The Flinstone Family: Navigating Complex Financial Landscapes 48:18 Closing Thoughts and Invitation to Join the Financial Planning Revolution Next steps! Get your Asset-Map by scheduling a call and putting Asset-Map in the notes. https://www.wealthwisdomfp.com/callhttps://nyafinancialpodcast.com/ Remember, it's not the plan or the tool that matters as much as the guide who comes alongside you to prevent financial fires!

In 2024, is it more difficult than ever to save money? Is it still important? Are we so trapped that the only cure is doom spending? Let's get some historical perspective - complete with legit charts and graphs! We reveal a future crisis that could be even bigger than the student debt crisis. Then, we turn to how to break the cycle without cash stuffing but maybe you could mix in some loud budgeting. These 5 proven practices are what we believe are the best way to gain financial independence! All while making sure we get to have fun along the way. 00:00 Introduction: The Challenge of Saving Money in 2024 01:42 The Two Sides of Saving Money: Spending Less and Setting Aside 02:48 The Importance of Saving: A Look at the Data 08:43 A Looking Crisis: A Hidden Financial Threat 13:03 How to Save Money: 5 Practical Strategies 20:36 Conclusion: The Power of Saving and the Path to Financial Stability Want to go beyond "financial literacy" and get more wealth wisdom? Keep learning and get 5 more steps at https://www.wealthwisdomfp.com/report.

What is the hardest and nastiest problem in finance? What would Nobel Prize winning economist, William Sharpe say it is? It's retirement income planning. More Americans turned 65 years old in 2023 than in any other year in American history. This transition of the baby boomer population into retirement impacts everyone and everything. Check out today's episode for resources on building a passive income stream. You could do this whether you are 40 or 90 years old or in between. We've got multiple reputable sources who aren't trying to sell you anything. Could this episode give you the tools to tackle this hardest and nastiest problem in finance? Listen and find out! Links mentioned in the episode: https://www.ey.com/en_us/insurance/how-life-insurers-can-provide-differentiated-retirement-benefitshttps://www.bankonyourself.com/guaranteed-lifetime-income-consumer-guide?wp_src=AN79ASchedule a Discovery Call:https://www.wealthwisdomfp.com/call Watch this episode on YouTube here: https://youtu.be/3BamZiVY9qw Go even deeper on annuities here: https://youtu.be/_f5KAgCO4ykEpisode 211: Annuity Myths ExposedEpisode 212: The Coming Revolution in Lifetime IncomeEpisode 213: 8 Ways to Prosper From Annuities

What do you think is the most common mistake real estate investors make? See if we come up with the same answer in this episode. Hint: We mention Arthur Guinness of Dublin, Ireland. He's the legend behind Brandon's favorite beer. Plus, we share 3 crucial steps to avoid this common mistake. One of these steps includes a way to save thousands of dollars and wasted time on a critical component of financial planning. Real estate investors, pay close attention. Others, you could be making this mistake too. Listen and evaluate your own mindset and actions! Links Mentioned in the show: https://www.estatedocspro.com/a/wealthwisdomfphttps://www.wealthwisdomfp.com/callFive Smooth Stoneshttps://www.wealthwisdomfp.com/shop 00:00 Introduction to Real Estate Investing 01:54 The Pitfalls of Short Term Thinking 02:27 The Chaos of Short Term Thinking 02:43 The Journey of a Real Estate Investor 04:06 The Burden of Real Estate Investing 05:11 How to Avoid the Chaos in Real Estate Investing 05:36 Three Big Ideas for Successful Real Estate Investing 10:59 The Importance of Estate Planning 15:01 Taking Action in Real Estate Investing 17:42 Conclusion and Next Steps Watch this episode on YouTube here: https://youtu.be/raSWt32zhgk

Many entrepreneurs face a dilemma of balancing financial stability and pursuing passion. First of all "balance" is too heavy of a target. How about a mix? Join Amanda as she lays out five core principles shaped as '5 P's' of combining passion and profit. The 5 P's offer a thoughtful blend of history, practical, and inspiration. Ready for a fulfilling professional and personal life where passion and profit complement each other? Don't forget Purpose to add a triple-bottom line to the 5 P's. Want more inspirational and practical content like this? Join the Wealth Wisdom Financial Community here: https://www.wealthwisdomfp.com/community. 00:01 Introduction: The Dilemma of Passion vs. Profit 01:18 Personal Journey: Balancing Passions and Entrepreneurship 02:59 Historical Inspirations: Learning from Successful Figures 05:50 Five Principles for Combining Passion and Profit 15:47 The Role of Purpose in Passion and Profit 18:58 Join the Wealth Wisdom Financial Community 20:27 Conclusion: Live Long and Profit Watch this episode on YouTube here: https://youtu.be/qppcGGkm4ac

Watch this episode on YouTube: https://youtu.be/m45N7dByxPA What if you had a flowchart for your money? What if you could easily see how every dollar that enters your sphere flows through your ecosystem? Would you like to see someone else's flowchart too? In this week's podcast, we reveal the exact flowchart we use today. It's our 1-page money "treasure map." Of course, we visually demonstrate the Profit First method on our map, dividing our income into different categories and guiding you through the process. We also delve into what we believe is the most important part of our flowchart: "The Vault." If you're someone who learns better through visuals, this could be just right for you. While your money map might look different from ours, we hope our journey can still offer valuable insights for your financial adventure! Links mentioned in the show: https://youtu.be/L-HRPFhiaFw?si=QhG02S51EQB1iESt www.wealthwisdomfp.com/profit https://wealthwisdom.mn.co/posts/implement-profit-first-in-12-easy-steps-welcome-watch-me-first

Are you considering Profit First for your business or side hustle? Using Profit First but unsure how it'll work as you grow your revenue? Then, you'll love this episode where we revisit Profit First after fully using it for 5 years and seeing our business grow by leaps and bounds. We even share a couple hacks we use to save time and implement efficiently. One of those hacks is how we use YNAB (You Need A Budget) along with Profit First. Another is about an account we added to the core 7. Finally, don't forget (1) to click these links to discover more of how you might implement Profit First faster and easier and (2) to subscribe so you don't miss part 2. Links mentioned in the show: https://youtu.be/L-HRPFhiaFw?si=QhG02S51EQB1iESt. www.wealthwisdomfp.com/profit https://wealthwisdom.mn.co/posts/implement-profit-first-in-12-easy-steps-welcome-watch-me-first

This week, we talk about budgeting and why it can be a bit tricky. I (Amanda) will share my stories about budgeting, going all the way back to when I was in middle school. I'll also show you a budgeting app called Y.N.A.B. (You Need a Budget) and share my own way of using it. We'll also take you to the "Cash Flow Control Room," a safe place for managing your money. Plus, we'll invite you to join the Wealth Wisdom Financial Community. In our online community, we have a course about using the Y.N.A.B. app. And guess what? For a short time, we're offering an 80% discount on our premium membership! Watch now! Links Mentioned in the Episode https://wealthwisdom.mn.co/plans/305293?bundle_token=4556d6d7654de8f6260367dfbc9e9241&utm_source=manual https://www.wealthwisdomfp.com/ynab https://ynab.com/referral/?ref=RzDArtdB4Y-ZA8T5 Watch this episode on YouTube: https://youtu.be/_q8yh6nndE4

In this week's podcast, we joyfully commemorate the ten-year anniversary of our Bank On Yourself® policy. Throughout the episode, we take a trip down memory lane, reflecting on the past decade and sharing insights into how we've evolved and flourished both personally and as business owners by embracing this transformative mindset. The impact of this concept on our lives has been profound, shaping our journey in ways we never anticipated. Furthermore, in this episode, we delve into the discussion about the ideal time to initiate a Bank On Yourself policy, and the resounding answer is now. We break down the notion that, while we might have pursued higher returns elsewhere, the Bank On Yourself policy has provided us with a robust and steady foundation for cultivating our wealth. This stable groundwork was a crucial need for us a decade ago, illustrating the enduring value of this financial approach in achieving long-term prosperity. FACT CHECK: Our documentary screening was July 23rd, not March 23rd* Links mentioned: https://youtu.be/tI-GMOVOpQE https://youtu.be/401ELp4qiMk

As your wealth grows, are you supposed to buy more expensive houses, cars, clothes and everything else? The advertisers and marketers certainly want you to. This episode is for everyone with a growth mindset who will have more money in the future than they do today. What does it look like to embrace clarity and joy as your wealth grows without feeling like you have to "keep up with the Joneses?" Are there examples of wealthy people who still live frugally and enjoy doing it? Listen now to get inspired to cultivate a financial future that continues to build who you want to be personally and financially no matter how rich you become. SIGN UP FOR WEALTH WISDOM WEEK HERE: https://wealthwisdomweek.eventbrite.com Watch this episode on YouTube: https://youtu.be/t4S05Uy8UAM

In this week's podcast, we reveal 10 (Essential) Questions to Ask a Financial Planner. Curated over time, we hope that these questions will serve as a solid basis for you to come back and revisit in your lifetime. While we do not answer all of these questions, we give you wisdom as to the why these are great questions to ask and return to. We also reveal our carefully planned Wealth Wisdom Week; a week of five-one hour courses, live, that will help you further your financial experience. Inside of it, you will receive wisdom that will enrich your financial lives and (hopefully) beyond. Oh, and did we mention that it's free? SIGN UP WITH THE LINK BELOW! Reserve your spot for Wealth Wisdom Week here: https://wealthwisdomweek.eventbrite.com Download these questions here: https://www.dropbox.com/scl/fi/edqllwhvmiwns9329fzlc/Questions-to-Ask-a-CFP-Download.pdf?rlkey=imsnlphhpuhz7k7orq1ivq3cf&dl=0 Watch this episdoe on YouTube: https://youtu.be/cvLK1cf_FLk

How does real, lasting change happen? We think most would agree that New Year's Resolutions are NOT the key to transformation. But what is? In this episode, we share 4 tips for making greater financial freedom possible in the future. The first one might surprise you. The second one might make you cry. The third one is often misunderstood. The fourth one is the most powerful! Take a listen now and then move forward into your future with greater power and confidence to make the change you wish to see in your financial journey! Links mentioned in the episode: https://youtu.be/tHS0TOLfvXc Wealth Wisdom Week in January 2024https://wealthwisdomweek.eventbrite.com Watch this episode on YouTube: https://youtu.be/qmAWirW6Kcg

In our latest episode, we share three helpful tips to help you end the year with more wealth. We explain that wealth is not just about money; it includes things like good health, strong relationships, and a positive mindset. It's important to consider our overall health when reflecting over the holidays, and contemplating upon the New Year to come. Additionally, we have an exciting holiday surprise for our listeners! As a special invitation, we encourage our audience to join the Wealth Wisdom Financial Community 2.0. In this community, we provide exclusive tips and tricks that go beyond what we share in our podcast episodes. It's a great opportunity to open up your New Year well! Lastly, we want to wish everyone a very happy holiday season! May your days be filled with joy, laughter, and moments of warmth with your loved ones. First things first, check out the gift Santa left you here: https://www.wealthwisdomfp.com/community Links mentioned in the show: Check out Malik's post at Tapas Movement for her 4 D's to dismantling diet culture Start the New Year off embracing joy with financial by grabbing your copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop

In this week's podcast, we explore the different ways people face risks while trying to achieve financial freedom. We also look at the advantages and disadvantages of taking risks, helping you understand how to make decisions that are right for you. We discuss how feelings like fear and anxiety are inner-guides on your path, whether it's risk-taking, or financial freedom. We also uncover the depth of Helen Keller, and how she took risk out of necessity, in order to live a more fulfilling life. So, whether it's financial choices or personal growth, we explore how facing risks can be an exciting journey toward a brighter and more fulfilling future! Links Mentioned in the Episode: How to Stay Standing by Alli Patterson: https://theallipatterson.com/book/ Get your copy of Five Smooth Stones by Amanda and Brandon Neely here: https://www.wealthwisdomfp.com/shop Find this episode on YouTube: https://youtu.be/iYe3mU0AYHM?si=e1d8D6jR1oP6f1oB

In this latest episode, we dive into the exciting world of Financial Freedom. We explore clever shortcuts that can help people achieve their money goals faster and easier. ChatGPT joins the conversation to share its insights, making the discussion even more interesting. We examine our own thoughts and compare them to ChatGPT's, creating a fun and informative exchange about money matters. During the episode, we don't just talk about financial freedom – we also roll up our sleeves and provide practical exercises. These exercises act like building blocks, helping listeners lay a strong foundation for your journey towards financial freedom. By breaking down complex financial concepts into simple and actionable steps, we make it easy for everyone to understand and apply these principles. The episode becomes not just a conversation, but a hands-on guide to empower people on their path to financial well-being. We hope everyone who catches this episode feels more free financially by the end. Listen now to see if you do! Find Five Smooth Stones at: https://www.wealthwisdomfp.com/shop