67 episodes

Sometimes intelligence skips a generation. Let's face it, even with over 450 financial products out there, we're in a pickle. Inside Grandma's Wealth Wisdom, we get back to basics with wealth strategies that have stood the test of time... with some practical modernizations.

Grandma's Wealth Wisdom Amanda and Brandon Neely

    • Investing
    • 4.8 • 30 Ratings

Sometimes intelligence skips a generation. Let's face it, even with over 450 financial products out there, we're in a pickle. Inside Grandma's Wealth Wisdom, we get back to basics with wealth strategies that have stood the test of time... with some practical modernizations.

    The Origin Story of "Buy Term & Invest the Difference"

    The Origin Story of "Buy Term & Invest the Difference"

    “Buy Term & Invest the Difference” (BTID) sounds logical, doesn’t it? Lower your premiums and you can multiply your returns in the stock market. 
    But BTID has a sinister background. The phrase was coined in the 1970s by a sneaky billionaire who sold... you guessed it, stocks and term life insurance. 
    Following BTID has ruined many financial futures while making these behind-the-scenes brokers rich. If you want to buy life insurance, you need to know all your options to make a choice you’ll be happy with years from now. 
    In this episode, you’ll find out how to buy life insurance that’s right for you, not just for some broker. Want to abandon the bad advice and create a sustainable financial future for yourself? Listen now!
    Show highlights include:
    How the original BTID firm became a questionable MLM company you should think twice about. (4:47) Why term insurance is not your only (or even your best) life insurance option. (6:14) Why a Harvard professor says BTID almost never works (and the alternative that actually pays out) (7:12)  Why “investing the difference” could do as much good for your wealth as a night out in Vegas. (8:07) Check out the Tale of 2 Grandmas: https://grandmaswealthwisdom.com/podcast/a-tale-of-2-grandmas-part-1/
    Remember to download Grandma’s Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.
    If you’d like to see how Grandma’s timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call ...just like Grandma would want us to do. 
    Claim your complimentary Financial Analysis and find out is Whole Life is right for you and how it could fit into your portfolio here: https://grandma.as.me/FA.

    • 12 min
    Why Whole Life & Red Flags to Avoid

    Why Whole Life & Red Flags to Avoid

    Like any personal finance vehicle, whole life insurance is hotly debated: Some people love it, others can’t stand it. 
    But neither die-hard fans nor red-faced haters will help you make a sensible decision. And when you don’t make decisions, the paycheck-to-paycheck cycle continues. 
    In this episode, you’ll find out when whole life insurance could help you build sustainable wealth - and when to choose something else to improve your finances.
    Want to be happy with your financial decisions not just in 10 days, but in 10 years? Listen now!
    Show highlights include:
    How “invisible risks” can doom your business before you start it. (3:15) Why your business is always your most volatile asset (and how to balance it out with life insurance). (6:27) Why whole life insurance is not an investment - and how it upgrades your financial life instead. (7:17) How “accelerated benefits” of a life insurance policy can help elderly loved ones enjoy their retirement. (9:36) Where shady life insurance salespeople always put a zero (and how to spot a trustworthy partner for your policy). (16:40) Why a guaranteed interest on your life insurance could be a warning sign. (18:22) The “all in” strategy selfish financial advisors use to fatten their commission checks without keeping you in mind. (20:46) Remember to download Grandma’s Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.
    If you’d like to see how Grandma’s timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call ...just like Grandma would want us to do. 
    Claim your complimentary Financial Analysis and find out is Whole Life is right for you and how it could fit into your portfolio here: https://grandma.as.me/FA .

    • 25 min
    Judy Li - Do What You Like

    Judy Li - Do What You Like

    We all know we should save money if we want to end the paycheck to paycheck cycle. But with interest rates lower than inflation, a savings account is really just losing your money slower. Plus, who wants to gamble on the stock market in these uncertain times?
    When you don’t have enough money, you’re always fretting about it and try to make more (maybe a second job will save me?).  But you don’t need millions in savings to enjoy the free lifestyle of the wealthy. You only need to know how to leverage your money to build a life you love. 
    This week’s guest Judy Li always saved money, but got anxious just thinking about her money until she used Grandma’s strategies to take charge of her finances. 
    In this episode, she shares how to plan your finances so you spend your money on experiences that fulfill you.
    Show highlights include:
    How to find a financial advisor who knows what’s best for you (not only for them). (8:15) The simple investment strategy that minimizes risk in unpredictable times. (12:13) Why a life insurance policy might help you make more money in the stock market. (16:15) How to lower your rent by “firing your landlord”. (17:42) Why most jobs are unfulfilling (and how you can make your own dream job). (20:58) Why a soul-sucking job can lead to life-changing business ideas. (22:08) How your side hustle can make you miserable, even if people on social media pretend it’s all sunshine and rainbows.. (23:43) Remember to download Grandma’s Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.
    If you’d like to see how Grandma’s timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call just like Grandma would want us to do. 
    Watch the complete, extended interview here: https://youtu.be/Gt1uixvAYa8
    Find out more about the FIFe movement here: https://anchor.fm/fifemovement
    Find out more about the Financial Freedom masterclass here: https://grandmaswealthwisdom.com/ffmc

    • 29 min
    Meghann Woo - You Have Financial Options

    Meghann Woo - You Have Financial Options

    Society dictates a plan for life: We’re expected to go to college, graduate, get a job at a corporation and spend the rest of our lives paying off the debts we took on to get there.
    That lifestyle might be right for some, but not everyone wants others to run their life. And here’s the good news: You don’t have to.
    You have more options than you might think to make money, build wealth and create a life you love. In this episode, corporate worker-turned-entrepreneur Meghann Woo stops by. She’ll show you exactly how to build a career and life you love by following your calling. 
    Want to stop letting others run your life and build an authentic, wealthy lifestyle? Listen now!
    Show highlights include:
    How making an average income as an entrepreneur makes you happier than a six-figure corporate job. (5:55) The “friendly neighbor” method that turns prospects into friends and clients. (7:30) Why simple step-by-step programs will make you wealthier than any complicated investment strategy. (12:22) How stress in your personal life can drain your bank account and harm your business. (14:24) Meghann’s advice to her younger bankruptcy-facing self. (17:29) Why Dave Ramsey’s advice can help you get debt-free, but won’t get your money to work for you. (19:52) Remember to download Grandma’s Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.
    If you’d like to see how Grandma’s timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call ...just like Grandma would want us to do. 
    Watch the complete, extended interview here: https://youtu.be/5auavR_RZuI
    Find out more about the FIFe movement here: https://anchor.fm/fifemovement
    Find out more about the Financial Freedom masterclass here: https://grandmaswealthwisdom.com/ffmc

    • 22 min
    Ashley Barnhart - Saving Just to Spend? (and Other Adult Struggles)

    Ashley Barnhart - Saving Just to Spend? (and Other Adult Struggles)

    We all know we’re supposed to save money. But most of us don’t know what for. Why save to buy something later when you can buy the same thing now?
    This week’s guest is Ashley Barnhart. She hosts the Adult Struggles Podcast and struggled with saving for a long time. She always saved some money, but never deeply understood how to manage her money to live a wealthy life. But then something tore apart her family, money was tight and she had to learn how to manage her finances. 
    Today, she doesn’t have anxiety about money because she knows exactly where ever
    In this episode, you’ll discover how to change your money mindset so you’re not anxious about money anymore. Want to grow your wealth and feel real freedom?
    Listen now!
    Show highlights include:
    How having a child makes it easier to save money. (6:08) How to stop letting your bank account control your self-worth. (8:51) Why college kids can be fulfilled while money is tight—and how to tap into that happiness, no matter how old you are. (10:08) Grandma’s method of building an emergency fund with “weird money”. (15:21) How the “learner’s mindset” lets you grow from difficult conversations. (22:34) Remember to download Grandma’s Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.
    If you’d like to see how Grandma’s timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call… just like Grandma would want us to do.

    Ashley Barnhart is the creator and host of the Adult Struggles Podcast, a show dedicated to helping young adults overcome common life obstacles. Ashley interviews guests from around the world who have faced challenges and are eager to teach others about their successes and failures along the way. From career growth and personal development to financial planning and more, there’s always something new to learn from Adult Struggles.

    • 27 min
    Danielle Mulvey - How $10 Makes $100

    Danielle Mulvey - How $10 Makes $100

    There’s nothing more valuable than learning from people who’ve already achieved what you want to achieve. But learning doesn’t build a profitable business that sets you free—execution does. 
    In this episode, serial entrepreneur Danielle Mulvey stops by. She shows you how to build a profitable business from scratch, even if you’re bleeding money right now. Danielle has been an entrepreneur for over 20 years and runs multiple businesses which generate over $30 million in revenue every year. 
    Want her tips on how you can build wealth in today’s world? Listen now!
    Show highlights include:
    How to run multiple million-dollar companies in 10 hours per week. (4:55) Why a bankrupt client can bring you more money than a big corporation. (6:27) How to travel the world with your family while your business runs itself. (9:21) What Danielle learned from buying fast food with quarters after making 250k a year. (10:26) How “Profit First” makes your business profitable without ever reading a balance sheet. (12:32) The easy way to become profitable (without changing your offers or prices). (15:34) Why being profitable is not about finances, but about your mindset. (21:18) Remember to download Grandma’s Top Tips for an Independent Financial Future by dropping into https://grandmaswealthwisdom.com/free/. It's time for YOU to break through to a smart, stable, financial future.
    If you’d like to see how Grandma’s timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call...just like Grandma would want us to do. 

    An entrepreneur for over 20 years, Danielle shares her real-life experiences - including real-time across her multiple businesses she runs with her husband with annual gross revenues over $30-million. She has been there, done that and continues to do it day-in and day-out. She's the co-host of the Profit Nation podcast along with former guest of the Grandma's Wealth Wisdom Podcast Mike Michalowicz.

    • 26 min

Customer Reviews

4.8 out of 5
30 Ratings

30 Ratings

Wealth Accumulator ,

Thank you!

Thank you for the wonderful content! I look forward to each episode :)

DH Maverick ,

On the Money

Grandma’s Wealth Wisdom is “on the money” in terms of financial and wealth building content. I especially appreciate the action items and wealth journal resources associated with applicable episodes.

Nate@socialmediablueprint ,

if you have a 40/60 bond to stock ratio

Amanda and Brandon are on fire! I'm impressed that they are fact based. Each episode they bring the facts first and then teach the lesson is a short form that resonates. I appreciate you both doing these and look forward to more :)

Top Podcasts In Investing

Listeners Also Subscribed To