Wealth Wisdom Financial Podcast Brandon Neely and Amanda Neely, CFP®

What part of the movie is your favorite? What does your answer reveal about your money story?
 
You might like the opening where the goals are set. You might like the climax where it's most dramatic. You might love a good ending.
 
On your money journey, each stage is critical but how do you make sure the ending is good?
 
Trigger Warning: We talk about faith in this episode but in an interfaith, respectful way. We believe whatever your faith, it's critical to have faith to find meaning and purpose on your financial journey. Are you open to being still and letting God work on your behalf?
 
Don't miss Amanda's prayers (there are 2) for you and your financial journey!
 
00:00 Introduction: What's Your Favorite Part of a Movie?
01:09 A Family's Financial Struggle and Faith
05:59 The Importance of Setting Your Sights
10:19 Finding Strength in Faith and Financial Journeys
15:02 Final Thoughts and Encouragement
 
Links mentioned in the episode:
Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call Listen to the song Amanda's paraphrases here: https://open.spotify.com/track/7wDqgBeu73mUT1MSpClMU0?si=621d728884cb4b8c Watch this episode on Youtube here: https://youtu.be/EaPgYUwhSGY 

How do you make your investment decisions? Imagine this: 75% of a certain group of investors make their choices based on what their preferred app shows. That's a staggering number, right?
Now, let’s talk about Tony. He’s a young man who faced significant financial struggles because he was isolated and didn’t have the support he needed. Tony’s story underscores the importance of not going it alone when it comes to your finances.=
Think about the spectrum of investors out there. On one end, we have 'zombie investors' who rely entirely on financial advisors. On the other, there are those who are all about the DIY approach. The real trick? Finding a balance between these extremes.
This episode also sheds light on the broader context of social and financial isolation, especially in the post-pandemic world. We’ll share strategies for building a solid money team using the STILL method. It’s all about engaging with trusted individuals and financial professionals to avoid feeling overwhelmed by financial decisions and to create a supportive community around you.
Ready to take ownership of your financial future? Jump into this episode full steam ahead!
00:00 Introduction: The Power of Mobile Trading
00:47 Tony's Financial Journey: A Cautionary Tale
03:37 Understanding Different Types of Investors
05:24 The Importance of Community in Financial Success
10:27 Building Your Money Team with STILL
13:54 FINRA Report Insights: Investor Behavior
 
Links mentioned in the episode:
Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call ⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻⎻ 
Watch on YouTube here:  https://youtu.be/lHIxhuqQAp0 
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Conventional financial thinking has left too many people feeling like they should be further along by now. True wealth wisdom brings clarity and purpose on how to make real progress no matter what's happening in the economy or on Wall Street. 
Join our financial community: https://www.wealthwisdomfp.com/community
Find us here:
https://www.facebook.com/WealthWisdomFinancial/  https://www.instagram.com/WealthWisdomFP/  https://www.youtube.com/c/wealthwisdomfinancial?sub_confirmation=1
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Important Details: Wealth Wisdom Financial’s content is for general information only and not for the purposes of providing legal, accounting, or investment advice. On such matters, please consult a professional who knows your specific situation. Some of our links are affiliate links where we earn a small commission at no additional cost to you if you make a purchase.

You know the value of ownership. America's founding fathers saw private property as a cornerstone of our society and democracy. Still today, many value owning their home mortgage-free. They see no mortgage payment as a requirement for a happy retirement.
 
But, what really is ownership? What can you truly own? The answers might surprise you. For example, you may own the title to something. Yet, if "possession is 9/10ths of the law" what happens to your title when someone else possesses your property?
 
Could there be a construct that's older than titled, private property? Could that construct be a strong foundation for your financial journey?
 
Ready for a transformational experience of what "taking ownership" of your financial future can look like? Then, jump into this episode full steam ahead!
 
00:00 Introduction: Land Ownership Inequality
00:54 Joe's Journey to Financial Stability
02:54 Understanding Ownership and Financial Control
04:58 The Reality of Bank and Retirement Accounts
07:53 Exploring Tangible Assets and Real Estate
09:49 The Power of Financial Contracts
17:24 The Diamond in the Rough
20:03 Wrapping Up: Home Ownership Insights
 
Links mentioned in the episode:
Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call  
Watch this episode and leave comments on YouTube: https://youtu.be/oOFxZy1aGmo 

How does legislation enacted in 1933 impact your life today?
 
Does that influence get bigger or smaller if you hear that legislation was repealed in 1999?
 
The truth is this one piece of regulation has dramatic repercussions on how you approach creating the financial future you want.
 
As they say, those who do not learn from history are doomed to repeat it. Are we repeating one of the biggest mistakes in American history?
 
The only thing we can say is what you think is the mistake probably isn't. Listen in to peak behind the curtain.
 
00:00 Introduction: The Impact of the 1929 Stock Market Crash
00:22 Alex's Story: A Personal Tale of Financial Turmoil
03:51 Understanding the Glass Steagall Act
06:56 The Lax Enforcement and Repeal of Glass Steagall
08:48 Personal Experience: Working in Finance
11:10 The Great Depression and the Glass Steagall Act
13:01 Modern Financial Speculation and Regulation
16:31 The Alternative Financial System
 
p.s. Due to more recent changes in banking regulation, the reserve requirements for banks are super low. Chances are your bank might have 0 reserves (source). How does that make you feel?
 
Links mentioned in the episode:
Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call  
Watch this episode on YouTube here: https://youtu.be/IyaKng6nHTI 

It's no secret that banks dominate both personal and business finance.
 
Yet, the realities of fractional reserves and how bankers really think about debt might surprise you. For example, have you ever heard of Marriner Eccles?
 
What if there was an alternative? What if that alternative put more power into the hands of everyday Americans?
 
Want more control over your financial future? Ready to use banks for their convenience without giving them control? Listen now!
 
00:00 Introduction: Do Banks Rule the World?
00:33 Sarah's Story: The Harsh Reality of Banking
01:30 Discovering Hope: Alternative Financial Systems
03:13 Personal Anecdotes and the Banking System's Impact
04:41 The Mechanics of Banking and Its Effects on Us
06:43 Fractional Reserve Banking Explained
10:18 Historical Insights: The Great Depression and Money Creation
12:53 The Problem with Debt and Consumer Culture
17:17 Seeking Alternatives: The Power of Being Your Own Bank
20:55 Taking Action: How to Secure Your Financial Future
 
Links mentioned in the episode:
Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call  
Books to learn more about banking:
The Bank On Yourself Revolution: https://www.bankonyourself.com/shop/the-bank-on-yourself-revolution-paperback Rescue Your Retirement: https://www.bankonyourself.com/rescue-your-retirement-book Watch this episode on YouTube here: https://youtu.be/aeBP8qtSFQ8 

Compound interest is a misunderstood concept. From misattributed quotes to downright inaccurate ideas.
 
Listen to hear the parable of two builders tasked with constructing a pyramid. One builder rushes in and struggles with the physical task. The other takes time to plan and make micro-adjustments, achieving success more efficiently. This story serves as a metaphor for the power of uninterrupted compounding. Time and knowledge compound just like money.
 
Be sure to catch the simple, elementary-level math. It shows clearly how real returns can differ from expected average returns. Is your portfolio really compounding?
 
Keep growing your foundation of solid financial principles. Learn how to use money without interrupting its compounding growth. Michelangelo's chisel created masterpieces. So can you create a work of art on your financial journey!
 
00:00 Debunking Einstein's Compound Interest Quote
00:47 The Tale of Two Builders: A Lesson in Compound Interest
04:08 The Story Behind the Story: Creative Inspiration
05:29 Understanding Compound Interest Beyond the Basics
10:42 Real Numbers: The Impact of Uninterrupted Compounding
17:36 Building a Financial Pyramid: Strategies for Stability
18:28 Unlocking the Secrets of Using Money Without Breaking Compounding
 
Links mentioned in the episode:
Free download available of 5 Simple Steps to Secure Your Future Outside a W-2 here: https://www.wealthwisdomfp.com/report Grab your very own copy of Five Smooth Stones here: https://www.wealthwisdomfp.com/shop (physical and digital versions available) Schedule a Discovery Call with us here: https://www.wealthwisdomfp.com/call  
Watch this episode on YouTube: https://youtu.be/bAdKpwclAkw