July 8, 2026

1% Better Every Day: The Emergency Rule, the Millionaire Plan, and Why It's Never Too Late

1% Better Every Day: The Emergency Rule, the Millionaire Plan, and Why It's Never Too Late
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Season 2

What if becoming a millionaire wasn't luck? This week, sit down w/ Tony Bradshaw — author of The Millionaire Choice & the digital leader who helped grow Ramsey Solutions from $3 million to $125 million — to unpack his 1% Better Every Day rule, his emergency-fund foundation, & the simple Millionaire Plan anyone can start. They'll also dig into the big money question of the moment: is cryptocurrency really replacing the dollar, & where do real-world assets fit in a smart, steady financial life?

Ask Good Questions is broadcast live Wednesdays at 6PM ET on W4CY Radio (www.w4cy.com) part of Talk 4 Radio (www.talk4radio.com) on the Talk 4 Media Network (www.talk4media.com). Ask Good Questions is viewed on Talk 4 TV (www.talk4tv.com).

Ask Good Questions Podcast is also available on Talk 4 Media (www.talk4media.com), Talk 4 Podcasting (www.talk4podcasting.com), iHeartRadio, Amazon Music, Pandora, Spotify, Audible, and over 100 other podcast outlets.

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WEBVTT

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The topics and opinions expressed in the following show are

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solely those of the hosts and their guests and not

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those of W FOURCY Radio. It's employees are affiliates. We

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make no recommendations or endorsements radio show, programs, services, or

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products mentioned on air or on our web. No liability

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explicitor implies shall be extended to W FOURCY Radio or

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it's employees are affiliates. Any questions or comments should be

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directed to those show hosts. Thank you for choosing W

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FOURCY Radio.

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Welcome to to Ask Good Questions Podcasts, broadcasting live every Wednesday,

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six pm Eastern Time on W FOURCY Radio at W

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fourcy dot com. This week and every week, we will

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reach for a higher purpose in money and life, as

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well as a focus on health and wellness. Now, let's

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join your host, Anita bell Anderson as together we start

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with Asking Good Questions.

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Welcome, Welcome to the Ask Good Questions podcast. I am

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your host, Benita bell Anderson, and we've got a fabulous

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topic and a lot of things that are going on

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in the world today that are going to be interesting

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to you as in regards to finances and all things money.

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So with that I have a fantastic guest today who

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has been around, who knows his stuff. His name is

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Tony Bradshaw and with that I would like to invite

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him to the podcast stage.

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Hey, Benita, thanks for having me on.

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You Bet, thanks for coming. So everyone, if you're not

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familiar with Tony yet, then let me give you a

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little bit of an introduction about this guy. He's the

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author of several books including Millionaire Choice, Millionaire or Not

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You Can Choose. He's host of the Millionaire Choice show

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Make the Choice, Create Your Plan. He's the founder of

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Purpose of Wealth Live events series, and he's released thirty

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one Days to Get Money Smart and launch the Get

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Business Smart podcast. I don't think he has any time

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to do anything else. He's been in business leadership for

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over twenty five years in director, VP, CIO and COO

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level roles. He became enamored with digital technology, which I

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think you're going to have a wonderful time today hearing

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his thoughts about this and in nineteen ninety six as

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a mechanical engineer, this is you know, my thought every

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time I Tony just to tell you as whenever I

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would see you know, being a financial advisor, whenever I

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would see a mechanical engineer coming into the office, he

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was usually coming in with his spreadsheet.

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Right.

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Yes, Well, he switched careers in two thousand and one

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to focus full time on digital technology and business when

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he joined the Dave Ramsey Organization, which I know very

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very well. Most people recognize is the David Ramsey name,

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and he led the company's digital transformation. He's been instrumental

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in digital marketing, product technology, and strategic leadership for company

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growth from three million to one hundred and twenty five million. So, Tony,

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with that, do you have anything to add to that introduction?

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No, I think you were pretty thorough there, Benita.

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Matter of fact, I was listening to that thing and

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who is this guy?

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How incredible he really is?

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Yeah? And actually see I can tell being on Northwest

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Pacific Northwest Girl, he's from Nashville, And as you listen

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to him, you'll be able to there's a little bit

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of a twang that I pick up with my ears. Tony.

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Yeah, I've lost a lot of my accent.

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I went to school in Florida, and I think that's

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where I started losing it, and then just working with

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different people over the years and Nashville is a very

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national type city. There's a lot of people moving here.

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I just heard not too long ago, I think it

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was I live in Williamson County, which is just south

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of Nashville, and someone told me that the new car

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registrations in Williamson County, I think it was either forty

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or sixty percent of them were from California right now,

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So a huge influx of people coming in from different

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states and different places.

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Well, Tony, I mean, you started as a mechanical engineer.

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I was like teasing about mechanical engineers, but you made

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a hard pivot really into digital technology and business in

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two thousand and one. And what I mean that's walking

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away from one career to go into something totally different.

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What was that like?

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Yeah? It was. It was challenging. You know.

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I got out of school as an engineering so I

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started doing engineering professionally in nineteen ninety four. And my

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boss came to me while I got there because one

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of the first things I realized that I had to

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learn about technology because I was on the new computer system,

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which I'd never used, and so this would have been

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ninety four and I'm like, I better learn how to

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do this, so if I'm going to do this job right,

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So I did what I knew to do, which is

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go to the bookstore start learning about computer. So I

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got computer magazines. I probably had five different computer magazines

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coming to my house every month. I had books, I

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read all kinds of stuff. And so that eventually led

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me into web technology when I figured out you could

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write databases and do applications online, and that became fascinating.

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That was probably about nineteen ninety eight when I got

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into that I was.

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Creating a website. I was doing the same thing in

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ninety eight.

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Yeah, And so that led me to Dave Ramseys. And

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you know the thing was, I went to work for Dave,

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or applied for Dave. It was in a Christian classified's

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advertisement at our church and I saw that and I'm like, oh,

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I'm going to apply for this. So I did, and

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three weeks later I was working for the man. But

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I wasn't sure I could do what he wanted me

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to do. So it was risky because I'm like, I

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don't even know. I told my wife that I think

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the night before in the interviews, honey, I don't even

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know if I can do what they want me to

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do and so.

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Yeah, right, well.

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But but you know, now fast forward, you helped that

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organization grow from three million to one hundred and twenty

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five million. Wow.

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Yeah, it was a pretty amazing ride. We were doing

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some really cutting edge stuff in the early years. I mean,

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it was a very digital entrepreneurial friendly environment.

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You know, Dave wasn't digital.

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He didn't hire any digital people like it was really

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like me and one other person. And then we brought

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some other people in and we launched subscription based websites

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in two thousand and one. So that wasn't my idea.

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That was another gentleman's idea to do that. But I

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was one of the ones that implemented it. So because

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that guy couldn't implement it, he couldn't implement, so we ended.

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Up putting that up.

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We ended up doing online ticketing systems for events. I

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built that system out in summer of two thousand and one.

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We launched podcasting, in two thousand and six, we launched

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subscription budgeting tools, and I think two thousand and five

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so we had our on online budgeting system. I think

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it was pre Mint. I'd have to go see when

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Mint was founded. But we were probably one of the

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earliest ones on there.

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So a lot of innovation.

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From two thousand and one to twenty ten, and then

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things changed.

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A little bit in the environment.

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I was actually running all of digital and technology, and

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then in two thousand and nine I hired a lady

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to come in and help take the digital marketing department

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to the next level. And then nine months later she

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got promoted to be a chief marketing officer, and so

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my marketing team was that I had built, which was

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about fifteen people, actually went with her into this new system.

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And I lost a lot of my influence.

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At that point because then I became a tech guy,

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not a digital business guy, and.

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Things shifted a lot for me. It wasn't as fun anymore.

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I've been there, done that. I have had times I

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realized long my journey that I was not I was

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never going to be a good employee for somebody else.

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I like being the one that was calling the shots.

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Oh yeah, I'm hearing you. Well, you've got a book

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called Millionaire Choice, and I love that idea because it's like,

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wealth is a decision and it's not luck. What was

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there a moment in your life where you kind of

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decided that.

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Yeah, you know, I was twenty Let's see, I guess

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twenty five years old when I got my first W

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two out of college, and I had made thirty nine

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thousand dollars. And when I saw that number, I was

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shocked because I'm sitting here living at home with my

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mom and dad, paying two hundred bucks a month in rent.

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I'm living in a studio bedroom apart which was actually

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our living room, so it was a big room.

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I had a couch, I had a desk, I had

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a bed.

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I mean, I had a lot of room, and I

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would just go in there and crash, you know, and

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do my thing. And when I saw that number thirty

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nine grand, I realized I had made thirty nine thousand,

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but I was also sixteen thousand dollars in dad. I

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had about thirteen thousand on a car note and about

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three thousand in credit cards.

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I had bought a computer. Suck.

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I needed a computer, so I bought one for about

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two grand. And I think I had a thousand of

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dollars in just miscellaneous expenses that I had racked.

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Up on the credit card.

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But when I saw that, I'm like, man, I just

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really messed up last year and so because of that,

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I did what I naturally do, which is if I

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don't understand something, I go read about it.

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I go learn about it.

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So I started picking up money magazines like clip Kiplinger's magazine,

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Smart Money Magazine a few of those, got a few

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books and started reading, and then I realized, you know,

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money's really not that complicated. It's it's really just a

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simple math problem, and once you understand the rules, then

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you can actually make a difference. And I had to

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laugh when you were talking about spreadsheets earlier, because that's

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exactly what I did.

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I took the things that I.

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Learned and I put it into a spreadsheet, and I

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had my spending money. I had well, I had my

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earnings first in there, and then I had my spending money,

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my debt money, and my investing money. There's really four

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categories of income. And I figured out what to do

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with it. And that's what showed me that I could

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be a millionaire by the time I was age forty.

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And so that's what I started working on. You know,

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it's very a plan. Just really just repositioned my cash

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flow to get my cash moving in the right direction

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instead of flowing away from me.

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It started flowing into assets.

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Yeah, I've always felt like everything, no matter if I'm

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talking about financial education topics or if I'm talking about

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health and wellness, everything we do is moment to moment

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decisions about how we're going to behave And I don't

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think this is any different. And so with that, I

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want to ask you about this one percent better every day? Yeah,

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what's it actually mean? Tony?

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Yeah, so the whole idea, if you think about compound interest,

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right in money, you put in money a little bit

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over time, it just keeps growing because it's compounding daily,

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it's compounding monthly, you know, over time. So that's really

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what the one percent better rule is. It's about investing

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in yourself and trying to make yourself just that little

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bit better every day, that one percent better so that

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you can rack up over time and you know, ended

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up in a pretty good place. So in my case,

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you know, it started when I was really young because

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my mom and dad. My mom ran convenience stores, so

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I would get stuck at the convenience store quite often,

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and I didn't have anything to do except read magazines

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off the magazine rack. So I started learning about cars

230
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and I would read car Craft magazine and Hot Router magazine,

231
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and that's where I learned how to rebuild engines. So

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I rebuilt my first car, bought my first car junk

233
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car when I was fourteen, and then rebuilt the engine.

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I think somewhere around fifteen or sixteen years old. But

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I did that all from car magazines. It was just

236
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reading and learning, and then Chiltern's Automotive Manual, which if

237
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you're familiar with those are like phone book level thick things,

238
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and my dad had one, so I used that on

239
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my car and I rebuilt my first engine doing that.

240
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So I also learned how to fish out of magazines

241
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as well, and then I started educating the neighborhood kids

242
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on how to bass fish. What kind of lures do

243
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you use, what colors do you use, how do you

244
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tie the knots? Where do you put the lures in

245
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the water to get that?

246
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You know?

247
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So just all this stuff you learn.

248
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So when it came to money, that was really the

249
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thing that happened is I just sarted picking up magazines,

250
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started learning about my computers. The same thing right when

251
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I started learning about computers, just read magazines, read books,

252
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learn something new. And then my first year at Dave Ramsey's,

253
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I actually was put into a leadership role within the

254
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first ninety days that I was there. But the people

255
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that I was put in leadership over kind of rebelled

256
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about it. They didn't like it, they didn't appreciate the

257
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complained about it. And what that told me at that

258
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point is I felt like God was giving me a

259
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like a clue to pay attention to, and so that

260
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leadership role got pulled away from me. So I was

261
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only in leadership for about two weeks, but what it

262
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did is it transformed how I was thinking. So I went,

263
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you know what, I think God's trying to tell me something.

264
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I needed to learn how to be a better leader.

265
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So for the next year that's what I did. I

266
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read books and just and poured into myself. And then

267
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that time that opportunity came again the next year and

268
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then I was That was where my career really took

269
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off at days, because I had full responsibility of what

270
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was going on on the internet. And that's the principle.

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It's just one percent better every day. Just try to

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do a little bit better every day, learn something new,

273
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improve in yourself versus the opposite, right, Benita is Hey,

274
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let's scroll on YouTube, or scroll on Facebook, or watch Netflix,

275
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or watch Amazon Prime or Hulu. And those are things

276
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that don't build your future, they actually tear it down.

277
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So you really want to invest in yourself and invest

278
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in things, not just money, but in things that are

279
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going to return a dividend or return value back to

280
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you over time. That's what the one percent better rule is.

281
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Yeah.

282
00:13:33.600 --> 00:13:37.279
I mean you're basically saying choices. You're talking about those

283
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choices that you make every day, how you spend your time. Right. So,

284
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I feel like a lot of times people will get discouraged. Right,

285
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So this we're recording this on a Wednesday. So what

286
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would a typical Wednesday look like for someone who who

287
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wants to keep going but they're going, oh, this.

288
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Is too hard, Oh on a Wednesday hump day?

289
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Huh So yeah, yeah, I think you've got to the

290
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biggest things I see people need to do if they

291
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really want to do better, is they've got to change

292
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a couple of things.

293
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It starts with your mindset, just like I did.

294
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I was spending all my money back in the day,

295
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and I decided I didn't want to do that, so

296
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I needed to shift. So that was a mindset shift.

297
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So that's the first thing that's got to shift for

298
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people is their mindset. The next thing they need to do,

299
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and it can come in little in little groupings, but like,

300
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you need to create a vision for your future. So

301
00:14:29.639 --> 00:14:32.679
most people do not have the power to create a

302
00:14:32.759 --> 00:14:34.440
vision for themselves. So, like you know, when you think

303
00:14:34.480 --> 00:14:37.240
about how you think about how popular Dave Ramsey is, right,

304
00:14:38.080 --> 00:14:40.799
well why is he so popular Because most people don't

305
00:14:40.840 --> 00:14:44.000
have the ability to envision a different future. So what

306
00:14:44.039 --> 00:14:47.360
are they doing. They're borrowing Dave's vision for their future.

307
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When Dave says, hey, you could be debt free, Well

308
00:14:50.159 --> 00:14:53.000
that's what they're doing. They're borrowing Dave Ramsey's vision for

309
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their future because they themselves don't have one.

310
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And that's fine, you know, I would like them to

311
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think a little bit bigger than that.

312
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But most people, they can't jump from being broke to

313
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being millionaires or millionaire mindset. They have to jump to go, hey,

314
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I can't pay my bills to like, oh I can

315
00:15:07.879 --> 00:15:10.399
pay my bills, and they can move to the next

316
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step and then they can take another step forward.

317
00:15:12.360 --> 00:15:13.840
So those are kind of the three keys.

318
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One your mindset shift got to get a vision for

319
00:15:16.320 --> 00:15:19.279
something different, and then you got to start taking steps

320
00:15:19.360 --> 00:15:22.879
or baby steps to activate what you're doing there. So

321
00:15:22.960 --> 00:15:27.600
for me, Benita, when I was twenty five, I basically

322
00:15:27.679 --> 00:15:29.480
realized I was broke. So that was my mindset shift.

323
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So I made a millionaire choice. I'm going to become

324
00:15:31.279 --> 00:15:34.480
a millionaire. I had to learn something new, which was

325
00:15:34.559 --> 00:15:38.200
getting money smart. That's millionaire key number three in my book.

326
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And then I had to take some action towards that,

327
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and I had to create a vision. The vision was, hey,

328
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I'm going to be a millionaire by the time I'm forty,

329
00:15:44.960 --> 00:15:47.000
And then I had to take action towards that, which

330
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was me repositioning my cash flow and starting to invest

331
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in something right.

332
00:15:52.360 --> 00:15:53.799
So I didn't make big investments.

333
00:15:53.840 --> 00:15:56.159
I just made you know, about one thousand dollars a

334
00:15:56.200 --> 00:15:58.600
month is what I started investing. So in about you know,

335
00:15:58.759 --> 00:16:00.720
eighteen months, I had eighteen thousand dollars.

336
00:16:01.159 --> 00:16:05.799
Yeah. Well, so if somebody's going, oh, one percent, that

337
00:16:05.799 --> 00:16:10.159
should be easy. But if you're if somebody is thinking,

338
00:16:10.600 --> 00:16:12.960
when how long is it going to take before I'm

339
00:16:12.960 --> 00:16:15.080
going to see something that's going to motivate me? And

340
00:16:15.120 --> 00:16:19.639
can you know? So one percent every day? Do you

341
00:16:19.720 --> 00:16:23.440
try to quantify that, like what's the reasonable amount of

342
00:16:23.519 --> 00:16:27.080
time that you're going to see some kind of difference.

343
00:16:27.759 --> 00:16:30.679
Yeah, So the thing is you want to build consistency

344
00:16:30.679 --> 00:16:31.159
over time.

345
00:16:31.240 --> 00:16:33.799
So the one percent better rule is going to grow

346
00:16:33.840 --> 00:16:34.440
you by degrees.

347
00:16:34.480 --> 00:16:37.159
You're going to have spurts where you might pour in

348
00:16:37.240 --> 00:16:38.559
a little bit more than one percent.

349
00:16:38.639 --> 00:16:38.799
Right.

350
00:16:38.879 --> 00:16:41.159
So like in my case, when I got into technology

351
00:16:41.200 --> 00:16:43.879
and started learning about the Internet, I mean that's pretty

352
00:16:43.919 --> 00:16:45.879
much all I did. Like, it was not much, There

353
00:16:45.960 --> 00:16:47.879
wasn't much else. It was like, oh man, I love

354
00:16:47.960 --> 00:16:50.879
this and it's you know, building apps and writing code

355
00:16:50.960 --> 00:16:51.759
and all this stuff.

356
00:16:51.960 --> 00:16:54.120
And that lasted for you know, a few.

357
00:16:54.000 --> 00:16:56.120
Years, and then I went to work for Dave Ramseys

358
00:16:56.159 --> 00:16:58.080
and it continued because I would stay up late, you

359
00:16:58.120 --> 00:17:01.000
know till flip in midnight, you know, trying to write

360
00:17:01.039 --> 00:17:02.639
code and learn stuff and do things.

361
00:17:02.679 --> 00:17:04.039
So it was all new and fresh.

362
00:17:04.039 --> 00:17:05.720
So I had a five year window there that I

363
00:17:05.759 --> 00:17:08.440
was really aggressive on, but then it kind of subsided

364
00:17:08.440 --> 00:17:10.240
a little bit and then I would hit something else

365
00:17:10.279 --> 00:17:12.359
that I needed to shift on, and so you hit pocket.

366
00:17:12.440 --> 00:17:14.599
So it's not always going to be you know, one percent.

367
00:17:14.640 --> 00:17:17.559
You might get a few percent better per day when

368
00:17:17.599 --> 00:17:20.240
you're really hyper focused on something, and then other times

369
00:17:20.279 --> 00:17:23.200
you might hit lulls. We had six children, So what

370
00:17:23.240 --> 00:17:25.519
do you think six children did to my focus?

371
00:17:26.559 --> 00:17:27.880
It kind of tore it down a little bit. So

372
00:17:27.920 --> 00:17:28.759
I slowed down.

373
00:17:29.400 --> 00:17:31.680
Yeah, I slowed down during those years, right, and then

374
00:17:31.680 --> 00:17:34.799
now the kids are older. The last ten years, I've

375
00:17:34.839 --> 00:17:37.799
been a lot more engaged and aggressive in what I've

376
00:17:37.799 --> 00:17:41.480
been doing since I left A's actually since twenty sixteen, so.

377
00:17:41.440 --> 00:17:42.440
I've been more committed.

378
00:17:42.480 --> 00:17:44.839
I've learned a lot more about money now in the

379
00:17:44.920 --> 00:17:46.759
last ten years than I did at the fifteen years

380
00:17:46.799 --> 00:17:49.720
I was with Dave. So yeah, and so you just

381
00:17:49.720 --> 00:17:51.960
got to look at these opportunities and find these things

382
00:17:51.960 --> 00:17:53.319
that you can do. You know, one of the things

383
00:17:53.319 --> 00:17:56.359
I tell people, like when it comes to money, Banita,

384
00:17:56.599 --> 00:17:59.839
is if you read just twelve money books one book

385
00:18:00.079 --> 00:18:02.799
month for twelve months, you're gonna be one of the

386
00:18:02.880 --> 00:18:06.640
most financially educated smart people on the planet. Yeah, it's

387
00:18:06.680 --> 00:18:09.440
just twelve books. It's that simple. And that's only about

388
00:18:09.440 --> 00:18:11.720
six hours a month. So if you were to take

389
00:18:11.759 --> 00:18:14.680
six hours a month to read a book, then you're

390
00:18:14.720 --> 00:18:17.599
gonna be like You're gonna be like freaking genius about money.

391
00:18:17.640 --> 00:18:19.680
Where money comes. Now you still have to apply that,

392
00:18:19.839 --> 00:18:21.240
so you got to choose what to do with it.

393
00:18:21.519 --> 00:18:23.480
So you want to try to create this forward momentum,

394
00:18:23.559 --> 00:18:25.599
but you're gonna hit spots where you you know, you

395
00:18:25.960 --> 00:18:28.599
execute more, you grow a little bit more, and then

396
00:18:28.640 --> 00:18:32.599
you can apply it. But if you're asking for windows

397
00:18:32.599 --> 00:18:34.880
of opportunity, we can see change. It only took me

398
00:18:34.920 --> 00:18:38.119
about ninety days to go from not knowing anything about

399
00:18:38.119 --> 00:18:41.039
money to having a millionaire plan. Like I just I

400
00:18:41.119 --> 00:18:44.200
just started reading magazines, reading books, learning how to I'm like, man,

401
00:18:44.200 --> 00:18:46.400
this is pretty simple. I just got to go buy

402
00:18:46.480 --> 00:18:50.119
mutual funds, invest in stocks, and buy real estate. That's it,

403
00:18:50.200 --> 00:18:52.279
just those three things, and I'm going to be a millionaire.

404
00:18:52.480 --> 00:18:55.160
You know it's not that complicated.

405
00:18:56.480 --> 00:19:01.759
Well, a lot of right of the listener are they're

406
00:19:02.519 --> 00:19:05.400
heading towards retirement. If they're not already there, is it

407
00:19:05.440 --> 00:19:08.279
ever too late to start?

408
00:19:09.279 --> 00:19:11.279
No, And here's a great guy had on my show

409
00:19:11.400 --> 00:19:14.079
a couple of weeks ago. I believe his name was

410
00:19:14.240 --> 00:19:18.200
David Nasie if I think he was in his early sixties,

411
00:19:18.200 --> 00:19:20.720
sixty two years old, and he was broke.

412
00:19:21.519 --> 00:19:23.559
David has been on this show as.

413
00:19:23.400 --> 00:19:26.359
Well, yeah, broke sixty two years old, realized he didn't

414
00:19:26.400 --> 00:19:27.880
have any money. He had made a lot of money,

415
00:19:27.920 --> 00:19:30.880
but didn't have any of it, and got serious started

416
00:19:30.920 --> 00:19:33.759
selling insurance. He got very serious about it, and within

417
00:19:33.839 --> 00:19:35.960
I think it was within it is, either five or

418
00:19:36.000 --> 00:19:37.400
seven years, he was a millionaire.

419
00:19:37.680 --> 00:19:40.079
So he went broke to a millionaire in five to

420
00:19:40.119 --> 00:19:43.400
seven years in his sixties. Now he's a multimillionaire and

421
00:19:43.440 --> 00:19:45.279
it's only been like five years. I think he's seventy

422
00:19:45.279 --> 00:19:46.799
two now, maybe you're seventy three.

423
00:19:47.279 --> 00:19:50.480
He had to make a decision, you know. It's again,

424
00:19:50.960 --> 00:19:56.799
it's like making a decision going through the steps. So yeah, exactly.

425
00:19:58.079 --> 00:20:01.759
So let's talk about your emergence rule. What the heck

426
00:20:01.799 --> 00:20:02.359
does that mean?

427
00:20:04.680 --> 00:20:08.119
Emergency rule? Got a little guest there in the background.

428
00:20:10.440 --> 00:20:12.799
Emergency rule. Well, I think what you're talking about is

429
00:20:12.839 --> 00:20:15.960
the emergency fund. And what I what I talk about

430
00:20:16.200 --> 00:20:19.039
now is the new emergency fund. So the old emergency fund,

431
00:20:19.039 --> 00:20:20.920
which you know Dave Ramsey teaches a lot of other

432
00:20:20.920 --> 00:20:24.000
people teach, is three to six months in living expenses

433
00:20:25.000 --> 00:20:27.960
in a cash or a money market account. So cash

434
00:20:28.039 --> 00:20:30.680
or a combination of cash and money market, right, So

435
00:20:30.759 --> 00:20:31.400
that way it's.

436
00:20:31.279 --> 00:20:32.920
Liquid, so you have access to it.

437
00:20:33.240 --> 00:20:35.519
What I've started teaching is what I call the new

438
00:20:35.559 --> 00:20:38.680
emergency fund, and it's a slightly different breakdown. You still

439
00:20:38.720 --> 00:20:40.920
have the cash in money market component because you do

440
00:20:40.960 --> 00:20:43.799
need to stay liquid, but you add in a gold

441
00:20:43.799 --> 00:20:47.279
and silver component, and you add in a cryptocurrency component.

442
00:20:47.640 --> 00:20:49.559
Okay, we're going to talk about this.

443
00:20:49.960 --> 00:20:50.279
Yeah.

444
00:20:50.480 --> 00:20:53.079
Now, the reason you do that is because when you

445
00:20:53.119 --> 00:20:56.279
look at the last decade, last ten years, cash has

446
00:20:56.359 --> 00:21:01.079
lost fifty percent of its value roughly, Okay, So depending

447
00:21:01.119 --> 00:21:03.920
on whose statistics you look at, right, some people would

448
00:21:03.960 --> 00:21:06.960
say it's lost more than that, because when you look

449
00:21:06.960 --> 00:21:08.400
at the price of cars, when you look at the

450
00:21:08.400 --> 00:21:10.519
price of gasoline, when you look at all these different prices,

451
00:21:10.799 --> 00:21:12.880
they've gone up a lot and a lot of them,

452
00:21:12.880 --> 00:21:14.240
some of it's gone up more than double.

453
00:21:14.319 --> 00:21:14.519
Right.

454
00:21:14.920 --> 00:21:18.880
So that's why cash and money market loses value. The

455
00:21:19.200 --> 00:21:21.319
money markets do not keep up with inflation.

456
00:21:22.039 --> 00:21:22.799
So you're at.

457
00:21:22.799 --> 00:21:26.640
Best, you know, not even breaking even with the money market,

458
00:21:26.680 --> 00:21:30.559
but it's something at least, right. So whereas if you

459
00:21:30.599 --> 00:21:34.519
had been in gold and silver in twenty seventeen, you're

460
00:21:34.640 --> 00:21:36.640
now would be out to see I think silver was

461
00:21:36.640 --> 00:21:39.039
around thirteen dollars an ounce. Now it's around seventy I

462
00:21:39.039 --> 00:21:42.119
think somewhere around there, so you would be up about

463
00:21:42.119 --> 00:21:45.400
five x, right, So you're you would have five hundred

464
00:21:45.440 --> 00:21:48.039
percent more money if you had been in silver, if

465
00:21:48.039 --> 00:21:50.440
you'd been in gold, I think it's about three or

466
00:21:50.480 --> 00:21:54.160
four x. So those are the numbers, right, So if

467
00:21:54.200 --> 00:21:56.759
you were in cryptocurrency in twenty seventeen, you would be

468
00:21:56.839 --> 00:21:59.720
up about ten x right now, so you would have

469
00:21:59.759 --> 00:22:01.880
ten more money. So let's say you had a fifty

470
00:22:01.920 --> 00:22:05.680
thousand dollars cash account and you wanted to do this

471
00:22:05.759 --> 00:22:06.920
new emergency fund model.

472
00:22:07.400 --> 00:22:11.079
Yeah, so the fifty thousand dollars is your emergency.

473
00:22:10.519 --> 00:22:13.039
Fund, right, Let's just say it's fifty It might not

474
00:22:13.079 --> 00:22:14.720
be that much for some people, but let's just use

475
00:22:14.759 --> 00:22:17.519
an easy number. So fifty thousand, I would I would

476
00:22:17.519 --> 00:22:20.160
personally take about half of that and I would put

477
00:22:20.200 --> 00:22:22.359
that in cash and money market, So I'd have about

478
00:22:22.359 --> 00:22:24.720
twenty five thousand cash and money market, and that I

479
00:22:24.720 --> 00:22:27.160
would take the other twenty five thousand and divide it

480
00:22:27.240 --> 00:22:30.480
over goldrypt gold, silver, and cryptocurrency, and you can break

481
00:22:30.519 --> 00:22:32.839
that down however you want. Some people are going to

482
00:22:32.920 --> 00:22:35.240
be more comfortable having more cryptocurrency, some people are going

483
00:22:35.319 --> 00:22:37.480
to be more comfortable holding gold and silver. I had

484
00:22:37.480 --> 00:22:40.160
a client and he was much much more comfortable holding

485
00:22:40.160 --> 00:22:42.359
gold and silver than he was cryptocurrency. So he bought

486
00:22:42.400 --> 00:22:44.440
a little bit of crypto. I think about thirty thousand

487
00:22:44.519 --> 00:22:48.960
dollars he's now since crypto's down now, he's probably just

488
00:22:49.000 --> 00:22:52.319
doubled it, so he's his money's doubled. He bought gold

489
00:22:52.359 --> 00:22:54.359
and silver, and I think he bought about fifty thousand

490
00:22:54.400 --> 00:22:56.960
dollars in gold silver, so about thirty thousand crypto, about

491
00:22:56.960 --> 00:22:59.759
fifty thousand gold silver, and his golden silver's up, you know,

492
00:22:59.839 --> 00:23:02.759
like three x so, but his cash and money market

493
00:23:02.799 --> 00:23:05.200
account is actually down because of inflation.

494
00:23:05.400 --> 00:23:06.960
So that's the model.

495
00:23:07.119 --> 00:23:10.920
I mean, it's basically stable, but if you factor in inflation,

496
00:23:11.119 --> 00:23:12.680
then yeah, I get it.

497
00:23:12.960 --> 00:23:15.799
Yeah, I mean, no, inflation's real. I mean, car prices

498
00:23:15.839 --> 00:23:19.440
are ridiculous. My dad just bought a new truck. You

499
00:23:19.480 --> 00:23:23.000
know how much he's paying for his new truck. Twelve

500
00:23:23.119 --> 00:23:25.920
hundred dollars a month, and I think I think the

501
00:23:25.960 --> 00:23:28.839
truck was seventy thousand dollars back when we were little.

502
00:23:29.319 --> 00:23:33.720
Trucks will be like fifteen, sixteen, eighteen, dollars, right, So yeah,

503
00:23:33.759 --> 00:23:37.319
so that's the deal we're looking at, you know, a

504
00:23:37.359 --> 00:23:39.519
big shift in the financial world, which I'm sure you're

505
00:23:39.559 --> 00:23:40.200
familiar with.

506
00:23:40.400 --> 00:23:42.039
There's a lot of stuff going on right now.

507
00:23:43.039 --> 00:23:45.799
So would you say fifty thousand is a good I

508
00:23:45.799 --> 00:23:48.759
mean some people might go that's a lot, you know,

509
00:23:48.839 --> 00:23:53.960
because a lot of people are one big surprise bill

510
00:23:54.039 --> 00:23:55.279
away from disaster.

511
00:23:56.319 --> 00:23:59.079
Well I think yeah, I think the emergency fund is

512
00:23:59.160 --> 00:24:02.000
relative to what you're income, is into what your expenses are. Are

513
00:24:01.960 --> 00:24:04.519
you so like some people might you know, fifteen grand

514
00:24:04.599 --> 00:24:07.279
might be a big emergency fund, you know, for others,

515
00:24:07.359 --> 00:24:09.720
one hundred grand might be a small emergency fund, right.

516
00:24:09.759 --> 00:24:12.079
So you know when I was, when I was making money,

517
00:24:12.119 --> 00:24:15.920
we minimized our expenses pretty heavily, so we were house

518
00:24:16.000 --> 00:24:18.440
debt free. The only thing we had was you know,

519
00:24:18.599 --> 00:24:21.759
gas bill, food bill, electric and water like that was it.

520
00:24:22.119 --> 00:24:24.799
And when that's all you've got, I mean, your emergency

521
00:24:24.799 --> 00:24:27.119
fund can be extremely small because you're only paying out

522
00:24:27.119 --> 00:24:29.079
about you know, maybe three grand a month depending on

523
00:24:29.079 --> 00:24:32.039
the size of the family, so it's very low expenses.

524
00:24:32.079 --> 00:24:33.440
You're like, I can live a whole year on thirty

525
00:24:33.480 --> 00:24:36.319
six grand, right, so you don't need a really big

526
00:24:36.319 --> 00:24:39.119
emergency fund. You can pour most of it into investments.

527
00:24:39.400 --> 00:24:42.880
But for other people, they may have more expenses, but

528
00:24:42.920 --> 00:24:44.880
they may have low income too, so you know, just

529
00:24:44.920 --> 00:24:48.920
having anything in a retirement I'm in an emergency fund

530
00:24:49.039 --> 00:24:51.599
is a big deal because they're so strapped, right, They've

531
00:24:51.599 --> 00:24:52.480
got so many payments.

532
00:24:52.640 --> 00:24:53.759
I counseled one lady.

533
00:24:55.359 --> 00:24:57.160
You got to remember, Benita, I haven't had a credit

534
00:24:57.200 --> 00:25:01.359
card since like nineteen ninety eight, so so some people

535
00:25:01.359 --> 00:25:03.359
though I've met with some people in council, they had

536
00:25:03.359 --> 00:25:07.079
like fifteen credit cards yea. And I'm like, that's crazy

537
00:25:07.160 --> 00:25:10.680
to me because I I when I in nineteen ninety five,

538
00:25:10.680 --> 00:25:12.480
when I realized I wanted to be a millionaire, I'm like,

539
00:25:12.519 --> 00:25:15.640
death's bad, I'm out, And I just started paying everything off.

540
00:25:15.680 --> 00:25:18.720
And eighteen months later, I had everything paid off, you know,

541
00:25:18.799 --> 00:25:20.720
and it was all it was all gone, and I was,

542
00:25:20.839 --> 00:25:22.279
you know, I was, I was debt free.

543
00:25:22.720 --> 00:25:24.279
But then I found the fiance.

544
00:25:25.480 --> 00:25:27.480
And she had twenty grant and a debt, so I

545
00:25:27.519 --> 00:25:28.640
started paying on her debt.

546
00:25:29.920 --> 00:25:34.039
That yeah, that's a big thing that happens a lot

547
00:25:34.319 --> 00:25:41.319
is you'll marry your opposite. So the other kind of

548
00:25:42.039 --> 00:25:44.720
level of people that are out there are people that

549
00:25:44.880 --> 00:25:49.759
are retired and on a fixed income. Does this emergency

550
00:25:49.799 --> 00:25:55.960
fund change or not? Maybe, and maybe you would say

551
00:25:56.440 --> 00:25:59.079
it depends on the level of what the fixed income

552
00:25:59.200 --> 00:25:59.759
is as well.

553
00:26:00.480 --> 00:26:02.519
Yeah, you know it does because like my dad, I

554
00:26:02.559 --> 00:26:04.559
hate to say this, he's working full time. He's seventy

555
00:26:04.599 --> 00:26:07.400
four years old, actually seventy five, I'm sorry, and he's

556
00:26:07.440 --> 00:26:11.519
working full time and he doesn't have a plan B like,

557
00:26:11.720 --> 00:26:14.920
so he's basically on Social Security if he's not working.

558
00:26:16.119 --> 00:26:17.839
He did not do any savings, he did not do

559
00:26:17.880 --> 00:26:19.720
any retirement stuff. I've tried to talk to him, he

560
00:26:19.799 --> 00:26:23.640
just hasn't done it. My another relative actually is doing

561
00:26:23.640 --> 00:26:26.400
pretty good. He's got like four pensions and lots of stuff,

562
00:26:26.440 --> 00:26:31.519
lots of options, you know. So that is a you know,

563
00:26:31.519 --> 00:26:33.400
that's a different model. So it's really going to be

564
00:26:33.440 --> 00:26:35.920
relevant to who the person is, what their situation is.

565
00:26:36.759 --> 00:26:39.160
I think, unfortunately, there's a lot of people in their

566
00:26:39.160 --> 00:26:42.279
sixties and seventies that are not getting adequate enough money

567
00:26:42.279 --> 00:26:45.279
coming in, especially when you think about you know, Medicare,

568
00:26:45.759 --> 00:26:47.000
Medicare supplements.

569
00:26:47.279 --> 00:26:49.519
I mean, just those two things alone can eat up

570
00:26:49.759 --> 00:26:50.000
you know.

571
00:26:50.119 --> 00:26:53.920
A quarter to a half of a social Security check, right, So,

572
00:26:54.119 --> 00:26:57.759
I mean, you just don't have a luxury of having

573
00:26:57.920 --> 00:26:58.839
a lot of options.

574
00:26:59.279 --> 00:26:59.480
Now.

575
00:26:59.480 --> 00:27:02.079
The one thing I would say, though, is uh, and

576
00:27:02.119 --> 00:27:04.319
this is hard because you know, I think you know,

577
00:27:04.359 --> 00:27:07.880
I'm at the bubble age where technology, you know, I

578
00:27:07.960 --> 00:27:10.319
was coming in in technology. I'm probably more I'm a

579
00:27:10.319 --> 00:27:12.720
lot more knowledgeable about technology.

580
00:27:12.160 --> 00:27:13.319
Than most people my age.

581
00:27:13.440 --> 00:27:15.920
But if you go up another ten years above me,

582
00:27:17.000 --> 00:27:20.680
those that group of people are very uncomfortable with technology.

583
00:27:20.720 --> 00:27:24.119
They're not very savvy with it, and so it's it's

584
00:27:24.200 --> 00:27:26.400
kind of still a new thing. But there are a

585
00:27:26.480 --> 00:27:29.240
lot of opportunities out there to make money. And I

586
00:27:29.240 --> 00:27:32.920
think that's where the older generation needs to start looking,

587
00:27:33.000 --> 00:27:35.000
is to go, hey, what can I do to make

588
00:27:35.039 --> 00:27:38.759
a little side hustle income, right, and not just sit

589
00:27:38.920 --> 00:27:41.759
and expire. You know, don't just watch TV, don't whatever

590
00:27:41.920 --> 00:27:43.079
whatever you're doing.

591
00:27:43.039 --> 00:27:44.680
You're getting back to mindset, aren't you.

592
00:27:44.920 --> 00:27:47.279
Yeah, stop doing it and do something else, right, because

593
00:27:47.279 --> 00:27:48.279
you can go make income.

594
00:27:48.599 --> 00:27:49.240
Just like David.

595
00:27:49.279 --> 00:27:52.000
I mean, he he learned about selling insurance. Next thing,

596
00:27:52.039 --> 00:27:55.079
you know, he's a multimillionaire. And so that's that's the

597
00:27:55.160 --> 00:27:57.119
thing I think I would tell people to take away

598
00:27:57.200 --> 00:27:59.200
is to go, hey, you're not done yet. If you

599
00:27:59.240 --> 00:28:01.519
can walk, you can breathe, you can talk on the phone,

600
00:28:01.599 --> 00:28:04.119
you can do stuff on the internet. You can still

601
00:28:04.119 --> 00:28:05.799
make money. You can make you know, four or five

602
00:28:05.880 --> 00:28:09.079
six thousand dollars a month an additional income if you

603
00:28:09.160 --> 00:28:11.640
go find a decent side hustle where people need you.

604
00:28:11.640 --> 00:28:16.000
You know, my wife works for a company that's called

605
00:28:16.039 --> 00:28:19.000
the Learning Zone, I think, and they just babysit kids

606
00:28:19.000 --> 00:28:19.359
all day.

607
00:28:19.440 --> 00:28:21.640
Right, So I'm going for these women that are out there.

608
00:28:22.200 --> 00:28:23.000
I mean, go do.

609
00:28:23.039 --> 00:28:25.440
That because you're perfect for it. You're like, you're wired

610
00:28:25.480 --> 00:28:29.599
for your grandma level. Go in, hug on these babies

611
00:28:30.200 --> 00:28:32.319
and just leve on these babies. So there's lots of

612
00:28:32.319 --> 00:28:34.319
opportunities out there if people just look for them.

613
00:28:34.559 --> 00:28:37.799
Right, Well, would you say that whole mindset thing would

614
00:28:37.839 --> 00:28:39.680
be the first step for the millionaire plan?

615
00:28:40.640 --> 00:28:43.400
Yeah? Absolutely, it's what I did. I didn't when I

616
00:28:43.400 --> 00:28:44.039
wrote the book.

617
00:28:44.079 --> 00:28:45.759
I didn't really think of it that way, But once

618
00:28:45.799 --> 00:28:47.279
I read the book through it again, I'm like, oh,

619
00:28:47.279 --> 00:28:50.720
that's the first step is, you know, is the mindset shift.

620
00:28:50.759 --> 00:28:51.720
And that's where I woke up.

621
00:28:51.759 --> 00:28:53.920
I had what I call my financial awakening, and I'm like,

622
00:28:53.960 --> 00:28:54.599
this isn't good.

623
00:28:54.640 --> 00:28:56.680
I need to change. So yeah, it was.

624
00:28:56.640 --> 00:28:59.839
Definitely that step, and then I have ten other steps

625
00:29:00.160 --> 00:29:03.799
side of there, but mindset vision. Then you have to

626
00:29:03.839 --> 00:29:06.920
go learn something and that you can apply, right And

627
00:29:07.000 --> 00:29:09.839
then the end of the book is the millionaire Plan,

628
00:29:09.960 --> 00:29:12.519
which is where I sat down with my spreadsheet and

629
00:29:13.119 --> 00:29:15.440
mapped it out, you know, fifteen year plan. Here it is,

630
00:29:15.440 --> 00:29:17.039
I'm going to be a millionaire in fifteen years and

631
00:29:18.119 --> 00:29:20.440
that's that's and that was the execution. Once you have

632
00:29:20.480 --> 00:29:22.599
to go execute, So you have to move from mindset

633
00:29:22.920 --> 00:29:26.200
to execution. Unfortunately a lot of people don't do that

634
00:29:26.200 --> 00:29:28.000
well with the execution side of things.

635
00:29:28.400 --> 00:29:32.200
Right. Well, that was the next thing I was thinking about,

636
00:29:32.440 --> 00:29:36.119
was what do you think is the biggest myth that

637
00:29:36.200 --> 00:29:38.200
people think it's not possible for them?

638
00:29:38.920 --> 00:29:39.160
Yeah?

639
00:29:39.240 --> 00:29:42.279
Well Walton back, yeah, yeah, Well I think there's three

640
00:29:42.400 --> 00:29:45.640
things that I teach that our myths that people do.

641
00:29:45.759 --> 00:29:47.559
One of them is money is the root of all evil.

642
00:29:47.599 --> 00:29:51.200
So we actually create a negative perception in our minds.

643
00:29:52.240 --> 00:29:54.160
And so if you know, if you believe in manifestation,

644
00:29:54.480 --> 00:29:56.160
I kind of have gotten to the point where I

645
00:29:56.160 --> 00:29:58.119
do believe in that more now than I did in

646
00:29:58.400 --> 00:30:00.880
the past, I was taught against it. But I think

647
00:30:01.359 --> 00:30:03.759
that what you think about, what you focus on, you

648
00:30:03.799 --> 00:30:06.119
actually can manifest you can bring it to pass. So

649
00:30:06.160 --> 00:30:08.240
when you're thinking that money is the root of all evil,

650
00:30:08.559 --> 00:30:11.640
you're kind of like the anti manifestation of wealth. So

651
00:30:11.680 --> 00:30:13.640
you have to get over that because that's not what

652
00:30:13.880 --> 00:30:14.599
the Bible says.

653
00:30:14.599 --> 00:30:16.319
The Bible says for the love.

654
00:30:16.119 --> 00:30:18.160
Of money is the root of all evil, not money's

655
00:30:18.160 --> 00:30:20.519
the root of So people misquote that and they don't

656
00:30:20.519 --> 00:30:22.079
even know they don't even know that it comes from

657
00:30:22.079 --> 00:30:22.519
the Bible.

658
00:30:22.839 --> 00:30:26.440
But that's a big one. The next one would be.

659
00:30:27.079 --> 00:30:31.119
The rich people got lucky. Rich people did not get lucky.

660
00:30:31.160 --> 00:30:34.519
They got prepared and then they took advantage of their preparation,

661
00:30:34.640 --> 00:30:36.640
which is what I did. You know, I had to

662
00:30:36.720 --> 00:30:40.559
learn about technology. Then an opportunity presented itself. I took

663
00:30:40.599 --> 00:30:43.599
advantage of that opportunity, and then I started going to

664
00:30:43.839 --> 00:30:46.039
rise up in leadership. So those opportunities there, but you

665
00:30:46.119 --> 00:30:49.319
have to be prepared for those opportunities if you're going

666
00:30:49.359 --> 00:30:52.200
to take advantage of it. Yeah, and then the last

667
00:30:52.240 --> 00:30:54.000
one is rich people are bad, So I don't want

668
00:30:54.000 --> 00:30:56.880
to be rich, and so that's another kind of like

669
00:30:56.920 --> 00:31:01.000
anti manifestation thing that people tell them. And I believe

670
00:31:01.200 --> 00:31:04.759
all three of those benita are really just excuses on

671
00:31:04.839 --> 00:31:07.720
why we're not rich because we haven't put in the effort.

672
00:31:08.119 --> 00:31:10.000
But we can't just say, oh, man, I just am

673
00:31:10.039 --> 00:31:12.559
not working hard enough. I gotta work like You don't

674
00:31:12.599 --> 00:31:15.440
find people saying that, or they're they're saying, oh I

675
00:31:15.480 --> 00:31:18.400
haven't read enough, or they don't judge themselves. They don't

676
00:31:18.400 --> 00:31:21.559
self judge, so they have to then put these blockers

677
00:31:21.599 --> 00:31:24.039
or excuses up. And that's what you see is, oh,

678
00:31:24.079 --> 00:31:25.880
money's evil. I don't want to be rich, or rich

679
00:31:25.920 --> 00:31:27.759
people are bad, or the rich people got lucky. I

680
00:31:27.839 --> 00:31:31.039
just if I was that lucky. It's just not true.

681
00:31:31.079 --> 00:31:33.519
None of those three things are true. They're just excuses

682
00:31:33.559 --> 00:31:35.839
that people make on why they're not building wealth.

683
00:31:36.680 --> 00:31:40.559
On one thing I've always told people is just think

684
00:31:40.720 --> 00:31:43.400
if you did better with your money, how much more

685
00:31:43.559 --> 00:31:46.480
you could go out and do. You could be a resource,

686
00:31:46.640 --> 00:31:50.319
you could you could use tools to help better, you

687
00:31:50.319 --> 00:31:54.279
know your community in a lot of different ways. Absolutely,

688
00:31:54.559 --> 00:31:58.240
you know, it's just it's again, it's a whole mindset thing.

689
00:31:59.680 --> 00:32:03.599
How would you think that this whole millionaire plan idea

690
00:32:04.000 --> 00:32:06.279
is different from budgeting or saving.

691
00:32:06.880 --> 00:32:09.799
Yeah, so the hard thing about budgeting if you start

692
00:32:09.799 --> 00:32:12.160
with budgeting, which is what some people teach first, they're like, oh,

693
00:32:12.200 --> 00:32:13.440
you got to learn how to budget, and it's the

694
00:32:13.480 --> 00:32:17.200
main thing. The budget will restrict your thinking. And here's

695
00:32:17.240 --> 00:32:19.799
what I mean by that. When you budget, it's usually

696
00:32:19.799 --> 00:32:22.440
based off what your current income level is, and what

697
00:32:22.599 --> 00:32:25.119
happens is you end up investing what's left over.

698
00:32:25.640 --> 00:32:28.559
So and that's the wrong mindset. Yeah, that's the wrong mindset.

699
00:32:28.599 --> 00:32:31.759
You need to invest first, like figure out where you're

700
00:32:31.799 --> 00:32:34.920
going and then put a plan together to invest that number.

701
00:32:34.960 --> 00:32:37.799
So like, for example, if you knew you needed to

702
00:32:37.799 --> 00:32:40.559
invest two thousand dollars a month, so that's twenty four

703
00:32:40.599 --> 00:32:44.039
thousand dollars a year. That's a pretty good number. Then

704
00:32:44.079 --> 00:32:46.160
you're going to figure out how to go make that money.

705
00:32:46.559 --> 00:32:49.480
So you want to think from an invest first mindset

706
00:32:49.519 --> 00:32:51.759
as much as possible, So you think goal that's a

707
00:32:51.839 --> 00:32:56.880
goal oriented financial plan versus a budget friendly financial plan. Right,

708
00:32:56.920 --> 00:32:58.759
So you want to flip it. And what will happen

709
00:32:58.839 --> 00:33:02.720
is you start with the investing mindset first. That will

710
00:33:02.759 --> 00:33:06.720
then shape your budget, so your budget will be behind

711
00:33:06.759 --> 00:33:08.559
will follow it versus leading it.

712
00:33:08.759 --> 00:33:11.079
And so that's the big teaching that I've come up with.

713
00:33:11.920 --> 00:33:14.559
And so, you know, when I started, it was like, oh,

714
00:33:14.559 --> 00:33:16.440
I need to have this much money doing this much

715
00:33:16.480 --> 00:33:18.599
and just now I had free cash flow at that

716
00:33:18.680 --> 00:33:20.960
point in when I was twenty five. So I just

717
00:33:21.079 --> 00:33:24.279
really quickly went from hey, don't spend thirty nine thousand,

718
00:33:24.799 --> 00:33:28.000
don't go into debt, reposition your cash flow. So what

719
00:33:28.079 --> 00:33:31.400
I did is I very quickly just broke my budget

720
00:33:31.440 --> 00:33:34.000
into three pieces. One of them was, hey, here's my

721
00:33:34.079 --> 00:33:36.559
living money. It was roughly one thousand dollars a month.

722
00:33:36.880 --> 00:33:39.319
Here's my debt money. I'm going to use a pay

723
00:33:39.319 --> 00:33:41.559
off my debt it's roughly one thousand dollars a month.

724
00:33:41.839 --> 00:33:44.480
And here's my investing money. And it was also roughly

725
00:33:44.519 --> 00:33:47.079
one thousand dollars a month. And that's all I did.

726
00:33:47.119 --> 00:33:50.440
I just took basically those three components and then started

727
00:33:50.480 --> 00:33:54.200
working on my cash flow and building some wealth and

728
00:33:54.359 --> 00:33:56.440
I was able to, you know, get started keep moving.

729
00:33:57.240 --> 00:33:59.200
I would probably structure that plane a little differently now

730
00:33:59.200 --> 00:34:02.039
because I'm a lot smart, but that was at least

731
00:34:02.039 --> 00:34:04.839
got me moving in the right direction, right, And that's

732
00:34:04.880 --> 00:34:07.440
what we want to talk about is creating forward momentum

733
00:34:07.720 --> 00:34:11.199
where you can execute small things that build big time

734
00:34:11.280 --> 00:34:14.000
value over time, and then your muscles will get stronger,

735
00:34:14.360 --> 00:34:17.599
You'll learn more, you'll get more focused. You know, you'll

736
00:34:17.679 --> 00:34:19.519
end up raising your wealth money. Which is what I

737
00:34:19.559 --> 00:34:21.360
teach people is you want to raise your we lower

738
00:34:21.400 --> 00:34:24.880
you're living money as much as possible, but raise your

739
00:34:24.880 --> 00:34:28.280
wealth money as much as possible. So don't think fifteen percent,

740
00:34:28.800 --> 00:34:31.480
which is what most financial advisors teach you. That's what

741
00:34:31.559 --> 00:34:36.039
Dave Ramsey teaches, think thirty, forty, fifty percent. Like, how

742
00:34:36.079 --> 00:34:38.440
can you get into a position where you could invest

743
00:34:38.480 --> 00:34:41.159
fifty percent of your income? You might not, Yeah, you

744
00:34:41.239 --> 00:34:43.679
might not start there, but if you can get to

745
00:34:43.719 --> 00:34:45.400
that point, you're going to be in a really good place.

746
00:34:45.760 --> 00:34:49.880
Right. So talking about the future, what are your best

747
00:34:49.880 --> 00:34:54.159
thoughts for passing this on to children and grandchildren?

748
00:34:55.039 --> 00:34:56.880
Yeah, and you know, I have six children, so I'm

749
00:34:56.880 --> 00:34:57.960
trying to figure that one out.

750
00:34:58.480 --> 00:34:58.719
Yeah.

751
00:34:58.800 --> 00:35:03.679
So the as I mentioned, you know what, my children

752
00:35:03.800 --> 00:35:06.840
learned to be very frugal because they grew up in

753
00:35:06.880 --> 00:35:10.360
a Dave Ramsey household, so they're very conservative. They don't

754
00:35:10.360 --> 00:35:11.920
go out waste a lot of money, they don't spend

755
00:35:11.920 --> 00:35:14.440
a lot of money. They're pretty conservative. What I didn't

756
00:35:14.480 --> 00:35:18.400
teach them was ambition. I didn't teach them well about investing.

757
00:35:18.400 --> 00:35:20.599
I got it, I got my son started on some investing,

758
00:35:21.039 --> 00:35:23.800
but I didn't get it to really stick. So I'm

759
00:35:23.840 --> 00:35:25.599
still trying to figure that one out. But some of

760
00:35:25.599 --> 00:35:28.599
the things I've learned are, you need to talk to

761
00:35:28.639 --> 00:35:31.880
them about vision. You need to talk to them about possibility.

762
00:35:31.960 --> 00:35:33.679
So you might need to shed some visions. So give

763
00:35:33.719 --> 00:35:36.320
an example. I was just talking to my oldest son

764
00:35:36.320 --> 00:35:38.400
the other day. I'm like, dude, if you could invest

765
00:35:38.440 --> 00:35:42.920
fifteen hundred dollars a month, that's eighteen thousand dollars a year.

766
00:35:43.480 --> 00:35:47.119
In three years, that's like sixty thousand dollars, and if

767
00:35:47.119 --> 00:35:50.000
it grows well in the right investments, that could look

768
00:35:50.079 --> 00:35:53.320
like closer to one hundred thousand dollars if you get

769
00:35:53.360 --> 00:35:57.679
into right stuff. So he's going, oh, I could have

770
00:35:57.679 --> 00:36:00.320
one hundred thousand dollars in three years. So that's arts

771
00:36:00.360 --> 00:36:03.559
to connect with him. Yeah, and then he starts going

772
00:36:03.599 --> 00:36:06.400
to Okay, that's that's changed. That's like life changing, Like

773
00:36:06.400 --> 00:36:08.320
that's a real deal, Like that's a lot. Because he

774
00:36:08.360 --> 00:36:10.280
wants to buy a house, and I'm like, dude, three years,

775
00:36:10.360 --> 00:36:12.079
you got one hundred thousand dollars, you can go buy

776
00:36:12.199 --> 00:36:14.440
you can go buy a house. So those are some

777
00:36:14.519 --> 00:36:16.880
of the things that find out what's important to them,

778
00:36:16.960 --> 00:36:19.079
motivates them and they get there. My other son, on

779
00:36:19.119 --> 00:36:22.000
the other hand, they're hyper focused on paying off student

780
00:36:22.039 --> 00:36:24.719
loan debt right now, so I can't really talk to

781
00:36:24.760 --> 00:36:27.639
them about investing because they don't want to hear it,

782
00:36:27.679 --> 00:36:28.679
they don't want to listen to it.

783
00:36:28.719 --> 00:36:31.199
So they just want to stay on the the you know,

784
00:36:31.199 --> 00:36:31.559
the study.

785
00:36:31.599 --> 00:36:34.719
I think formalist. You just need to be an example.

786
00:36:35.360 --> 00:36:38.000
Yes, exactly, that's the number one thing.

787
00:36:38.199 --> 00:36:41.039
Just be an example and hopefully they'll come along.

788
00:36:41.400 --> 00:36:41.639
Yeah.

789
00:36:42.039 --> 00:36:44.159
Now there is one thing I am working on. I

790
00:36:44.159 --> 00:36:46.199
haven't gotten and finished yet, but I did put together

791
00:36:46.280 --> 00:36:51.920
a twelve year monetary program for kids. So it's I'm

792
00:36:51.920 --> 00:36:54.599
a big believer that you don't need one year financial literacy,

793
00:36:54.639 --> 00:36:56.400
which is basically what we get right now, is that

794
00:36:56.480 --> 00:36:57.719
one semester or one year.

795
00:36:58.639 --> 00:37:00.239
I believe you need twelve years of that.

796
00:37:00.400 --> 00:37:03.000
And I believe everything Dave teaches pretty much should be

797
00:37:03.000 --> 00:37:05.880
taught by age six, by grade six, So first through

798
00:37:05.880 --> 00:37:09.480
sixth grade you learn everything that Dave Ramsey teaches. Then

799
00:37:09.519 --> 00:37:12.880
in seventh grade you move up in your investment principles,

800
00:37:13.199 --> 00:37:15.280
and then you continue to build on that over the

801
00:37:15.320 --> 00:37:17.599
next you know, through your go through through high school,

802
00:37:17.840 --> 00:37:20.000
so that when you get out of high school you

803
00:37:20.159 --> 00:37:23.480
literally have like a financial degree that you could go

804
00:37:23.599 --> 00:37:27.280
do anything. I'm a big believer the bankers don't want

805
00:37:27.360 --> 00:37:30.199
us to know this stuff, so that's why they don't

806
00:37:30.199 --> 00:37:32.440
teach it because it's not I mean, I'm nothing special.

807
00:37:33.480 --> 00:37:36.360
I don't have to like, it's not hard to figure

808
00:37:36.360 --> 00:37:38.440
this out, right, So you know, hey, we should be

809
00:37:38.519 --> 00:37:40.280
teaching all the kids about money and how to invest

810
00:37:40.320 --> 00:37:42.719
in all the like. That's a no brainer. But why

811
00:37:42.800 --> 00:37:45.800
isn't it being done. It's because the bankers don't want

812
00:37:45.800 --> 00:37:49.320
it done, and the government is led by the bankers.

813
00:37:49.639 --> 00:37:52.880
So that's why it is because those two forces in tandem.

814
00:37:53.280 --> 00:37:55.599
They don't want people. Because if you had a nation

815
00:37:55.760 --> 00:37:58.480
full of millionaires or a nation full of future millionaires,

816
00:37:59.679 --> 00:38:02.760
those groups would not be in power, So it would

817
00:38:03.159 --> 00:38:06.159
the country would look very different if everybody grew up

818
00:38:06.280 --> 00:38:08.800
understanding wealth and how it works.

819
00:38:10.800 --> 00:38:14.280
Well, I want to make sure we leave enough time

820
00:38:14.320 --> 00:38:17.639
for this now. I have already told you that I'm

821
00:38:17.679 --> 00:38:22.119
a little bit worried about cryptocurrency, but I really want

822
00:38:22.280 --> 00:38:25.920
your thoughts about you know, there's a lot of talk

823
00:38:26.079 --> 00:38:31.199
about cryptocurrency replacing the dollar. What do you from where

824
00:38:31.239 --> 00:38:33.000
you sit, what do you want to say about that?

825
00:38:33.440 --> 00:38:38.360
Yeah, absolutely, it's not good. So is cryptocurrency here yes?

826
00:38:39.159 --> 00:38:40.039
Is it here to stay?

827
00:38:40.199 --> 00:38:42.679
Yes? Is it good? No, it's not good.

828
00:38:43.000 --> 00:38:46.480
So when you look at financial systems for thousands of years,

829
00:38:46.559 --> 00:38:50.239
every fiat currency has failed in history, every single one.

830
00:38:50.639 --> 00:38:53.239
There's not one fiat currency, which is what our US

831
00:38:53.320 --> 00:38:55.599
dollar is, that has survived. So we are at the

832
00:38:55.800 --> 00:38:59.239
end of the US dollar. That's what I believe. I

833
00:38:59.360 --> 00:39:03.360
believe that the US dollar we'll see a major collapse,

834
00:39:03.480 --> 00:39:07.000
probably starting in twenty twenty nine and go through twenty

835
00:39:07.039 --> 00:39:09.960
thirty one. It may go a little bit longer than that,

836
00:39:10.320 --> 00:39:13.000
but during that time is when you're going to see

837
00:39:13.119 --> 00:39:18.039
a huge push for cryptocurrency, digital ideas already here, they're

838
00:39:18.079 --> 00:39:21.320
pushing that. So you're going to continue to see these

839
00:39:21.400 --> 00:39:24.079
kinds of things ramp up as they phase out the

840
00:39:24.199 --> 00:39:28.760
US dollar. Virtually every central bank in the world is

841
00:39:28.800 --> 00:39:30.039
gobbling up gold right.

842
00:39:29.920 --> 00:39:33.679
Now, so they're moving away from the US dollar. I think.

843
00:39:34.719 --> 00:39:36.760
I think, if I remember correctly, the numbers were that

844
00:39:36.920 --> 00:39:39.400
US treasuries were kind of like the number one place

845
00:39:39.440 --> 00:39:42.119
people put money across the world. It's like seventy or

846
00:39:42.159 --> 00:39:45.199
eighty percent of all cash reserves were put in US dollars.

847
00:39:45.480 --> 00:39:47.840
That number now I believe is down to fifty percent.

848
00:39:48.480 --> 00:39:51.679
So you can already see the system is getting changed.

849
00:39:51.719 --> 00:39:54.639
And so what we're looking at is a financial system change,

850
00:39:55.000 --> 00:39:57.320
and they are moving us from a US dollar based

851
00:39:57.320 --> 00:40:01.280
system onto a cryptocurrency based system. One of the other

852
00:40:01.320 --> 00:40:03.760
things they're wanting to do, Benita, not to scare you,

853
00:40:03.800 --> 00:40:06.559
but it's just a reality, is they're wanting to take

854
00:40:06.599 --> 00:40:09.199
every piece of land and every asset and put it

855
00:40:09.239 --> 00:40:13.079
on the blockchain so that it's all digitally managed, so

856
00:40:13.199 --> 00:40:16.239
you don't have paper deeds and things like that anymore.

857
00:40:16.280 --> 00:40:19.079
They will all be blockchain tied to the blockchain. And

858
00:40:19.360 --> 00:40:22.719
these are not good things. They are part of what

859
00:40:22.760 --> 00:40:26.480
we call like a global control grid or global control system,

860
00:40:26.960 --> 00:40:28.800
and that's kind of brought in by the you know,

861
00:40:28.840 --> 00:40:31.920
World Economic Forum and the International Monetary Fund and these

862
00:40:31.920 --> 00:40:34.719
other big entities that kind of sit over the top

863
00:40:34.800 --> 00:40:36.159
of the whole financial system.

864
00:40:36.719 --> 00:40:38.199
But this is what they're trying to do.

865
00:40:38.440 --> 00:40:42.360
I hope they fail miserably at it, but it is

866
00:40:42.360 --> 00:40:43.199
what's on the radar.

867
00:40:43.400 --> 00:40:45.400
And you know, the reason I pick.

868
00:40:45.639 --> 00:40:48.000
Twenty twenty nine and twenty thirty and twenty thirty one

869
00:40:48.400 --> 00:40:51.159
is because that's the one hundredth year anniversary of the Great Depression,

870
00:40:52.360 --> 00:40:56.159
and so some it is. Yeah, some people, some people

871
00:40:56.199 --> 00:40:59.119
believe that we're going to see a financial collapse like

872
00:40:59.159 --> 00:41:00.360
this year or next year.

873
00:41:00.400 --> 00:41:01.719
I don't think it's going to happen then.

874
00:41:02.119 --> 00:41:05.440
I think it is going to happen in twenty twenty thirty, twenty.

875
00:41:05.199 --> 00:41:08.320
Thirty one, just because of the dates and things like that.

876
00:41:09.480 --> 00:41:11.199
And I could go into detail about that, but yeah,

877
00:41:11.280 --> 00:41:15.519
cryptocurrency is here to stay now. There's over fifteen thousand cryptocurrencies.

878
00:41:16.519 --> 00:41:18.519
Think about that, right, so fifteen.

879
00:41:18.119 --> 00:41:19.920
Thousand, two thousand like companies.

880
00:41:20.360 --> 00:41:22.800
Yeah, different different projects that are out there that people

881
00:41:22.800 --> 00:41:23.239
have created.

882
00:41:23.280 --> 00:41:24.360
That's ridiculous.

883
00:41:24.519 --> 00:41:24.840
Yeah.

884
00:41:24.880 --> 00:41:27.920
So my guess is when it's all said none, there

885
00:41:28.000 --> 00:41:32.000
might be ten cryptocurrencies that are actually used, not not

886
00:41:32.880 --> 00:41:35.480
a thousand, not a hundred, but probably about ten. I

887
00:41:35.480 --> 00:41:38.880
think Bitcoin is the main one. I think XRP is

888
00:41:38.920 --> 00:41:42.079
a big one. So XRP is around a dollar a

889
00:41:42.079 --> 00:41:45.280
coin right now. I actually got into XRP when it

890
00:41:45.320 --> 00:41:48.679
was at a quarter, so I would, you know, I

891
00:41:48.719 --> 00:41:52.039
would say, look at look at XRP. That's supposedly the

892
00:41:52.039 --> 00:41:56.239
banker coin, and supposedly Blackrock. Larry Fink and Blackrock are

893
00:41:56.280 --> 00:41:59.639
heavily involved in XRP, so those would be a couple

894
00:41:59.679 --> 00:42:03.639
that are going to be on deck. You know, Cardono's

895
00:42:03.679 --> 00:42:05.800
another one that's up there, and then Ethereum is still

896
00:42:05.880 --> 00:42:09.119
number two on the market, so we'll see what happens.

897
00:42:09.159 --> 00:42:11.760
You know, there's the Steller's another one that's out there.

898
00:42:11.840 --> 00:42:15.039
So I would just and if I was investing or buying,

899
00:42:15.119 --> 00:42:17.039
this is something I learned through the School of Hard Knocks.

900
00:42:17.519 --> 00:42:20.800
If you're going to buy crypto, just keep it really simple.

901
00:42:21.719 --> 00:42:23.199
Buy the ones that are kind of like in the

902
00:42:23.239 --> 00:42:26.719
top ten and just stick with those because most of

903
00:42:26.760 --> 00:42:29.000
the top ten are still here ten years after I

904
00:42:29.039 --> 00:42:32.280
got in, but I played with some that were not

905
00:42:32.440 --> 00:42:36.519
in the top ten and they're not around, so right, yeah, So.

906
00:42:37.719 --> 00:42:40.920
Feeling, if you want to do that, then have it

907
00:42:41.000 --> 00:42:44.599
be outside of your main assets. Have it be something

908
00:42:44.679 --> 00:42:46.800
that you know, because I don't feel like you should

909
00:42:46.800 --> 00:42:50.360
be investing in something that you really don't understand at

910
00:42:50.400 --> 00:42:50.840
all either.

911
00:42:51.159 --> 00:42:54.119
Yeah, well, the reality is for crypto, there's a couple

912
00:42:54.159 --> 00:42:56.599
of things you can do that are a little bit safer. One,

913
00:42:56.840 --> 00:42:59.039
you know, in any kind of risky investment, you should

914
00:42:59.079 --> 00:43:01.960
never invest more than five percent of your portfolio, I

915
00:43:01.960 --> 00:43:03.920
would say, depending on what size your portfolio is. So

916
00:43:03.920 --> 00:43:05.679
if you have a million dollar portfolio and you put

917
00:43:05.719 --> 00:43:08.079
fifty grand in that, that's not the end of the

918
00:43:08.079 --> 00:43:08.960
world if you lose it.

919
00:43:09.280 --> 00:43:11.559
But another way you can do it.

920
00:43:11.559 --> 00:43:13.960
There's a I think it's called Grayscale I forget, but

921
00:43:14.000 --> 00:43:16.920
there's a couple of these companies that have grown up

922
00:43:16.920 --> 00:43:20.840
and they've created mutual funds. So they've created like crypto

923
00:43:20.920 --> 00:43:24.480
mutual funds, so they will spread your money out across

924
00:43:24.519 --> 00:43:27.320
ten or twenty different cryptos so that you get a

925
00:43:27.400 --> 00:43:29.679
similar Yeah, you get a similar benefit to like being

926
00:43:29.679 --> 00:43:32.000
in a mutual fund versus being just in one stock. Now,

927
00:43:32.039 --> 00:43:33.880
what that'll do is, if you know, if bitcoin goes

928
00:43:33.880 --> 00:43:36.559
ten x, you may not see a ten x return

929
00:43:37.119 --> 00:43:40.800
on your your mutual fund based crypto, but it could

930
00:43:40.880 --> 00:43:43.679
possibly be a little bit safer than if you were

931
00:43:43.719 --> 00:43:46.679
just all in one cryptocurrency. So that'd be something to

932
00:43:46.679 --> 00:43:48.440
look at but I think it's called gray Scale. Let

933
00:43:48.480 --> 00:43:51.280
me pull it up real quick. And there's several of

934
00:43:51.320 --> 00:43:56.000
these companies that do that. Now, another strategy that I'll

935
00:43:56.000 --> 00:44:01.639
throw out there just information for you is, uh, yeah,

936
00:44:01.719 --> 00:44:03.000
great Scale is the company?

937
00:44:03.599 --> 00:44:03.880
Okay?

938
00:44:04.480 --> 00:44:08.519
And is uh there's a company called I Trust Capital

939
00:44:09.519 --> 00:44:13.079
and I trust Capital. Yeah, I trust Capital. And you

940
00:44:13.119 --> 00:44:17.039
can actually buy cryptocurrency in your roth ira or in

941
00:44:17.199 --> 00:44:21.280
ira and uh And I really like the idea of

942
00:44:21.360 --> 00:44:25.000
buying cryptocurrencies inside of a roth ira, especially if you

943
00:44:25.079 --> 00:44:27.559
stick with like the top three, like say XRP, Bitcoin,

944
00:44:27.599 --> 00:44:31.840
maybe Ethereum. The reason I like that is because let's

945
00:44:31.840 --> 00:44:36.239
say you bought a thousand XRP for one thousand dollars today.

946
00:44:36.679 --> 00:44:39.840
All right, it's a dollar, right, some people believe that

947
00:44:40.119 --> 00:44:42.320
XRP is going to go to one thousand dollars. So

948
00:44:42.440 --> 00:44:48.360
what happens when you have a thousand XRP that go

949
00:44:48.400 --> 00:44:50.639
to a thousand dollars? You now have a million dollars.

950
00:44:50.719 --> 00:44:53.840
So you have now turned in one thousand dollar investment

951
00:44:53.880 --> 00:44:57.199
into a million dollar investment. Right if that happens. Now,

952
00:44:57.239 --> 00:44:59.400
if it turns to a hundred bucks, you know you

953
00:44:59.400 --> 00:45:01.079
made it a hundred thousands. Who turn one thousand, two

954
00:45:01.159 --> 00:45:04.639
hundred thousand, but it's all tax free inside of that

955
00:45:04.639 --> 00:45:08.199
wrath roth ira, and I think that's you just can't,

956
00:45:08.280 --> 00:45:09.920
like in a mutual fund, you can't get that kind

957
00:45:09.960 --> 00:45:14.400
of return. So I would I would I personally taken

958
00:45:14.440 --> 00:45:15.960
that kind of risk run going, Hey, I'm going to

959
00:45:16.039 --> 00:45:19.440
throw one thousand bucks into this this cryptocurrency inside of

960
00:45:19.440 --> 00:45:22.320
my wrath and just see what happens. Because if it

961
00:45:22.440 --> 00:45:25.639
does return at that level, which you've already had quite

962
00:45:25.679 --> 00:45:28.639
a number of cryptos that have created that level of return. Right,

963
00:45:28.960 --> 00:45:33.440
Ethereum in twenty seventeen was seven dollars, now it's fourteen hundred.

964
00:45:34.199 --> 00:45:38.199
Right bitcoin was like a dollar in twenty eleven, that's

965
00:45:38.239 --> 00:45:39.119
sixty five thousand.

966
00:45:39.119 --> 00:45:40.079
So that that has.

967
00:45:39.960 --> 00:45:44.199
Happened numerous times already, so it could continue to happen.

968
00:45:44.239 --> 00:45:44.920
So I would.

969
00:45:44.960 --> 00:45:47.719
I would look at something like that inside of a

970
00:45:47.800 --> 00:45:51.480
roth ira because it has such huge potential versus a

971
00:45:51.599 --> 00:45:53.719
mutual fund that you're gonna get, you know, roughly seven

972
00:45:53.760 --> 00:45:57.440
to ten percent returns on you're it's going to take

973
00:45:57.440 --> 00:46:00.599
you forever to get any kind of signific can return

974
00:46:00.679 --> 00:46:03.079
either out of that specific money. So I would take

975
00:46:03.079 --> 00:46:06.079
a shot with the roth Ira and and put a

976
00:46:06.119 --> 00:46:07.719
little bit of money aside in crypto and just see

977
00:46:07.760 --> 00:46:08.400
what happens with it.

978
00:46:08.519 --> 00:46:14.679
So, Tony, we are out of time, we are done,

979
00:46:14.800 --> 00:46:17.800
we are We've gotta we've got to close this up.

980
00:46:18.000 --> 00:46:22.639
So where can people find you and all of the

981
00:46:22.679 --> 00:46:23.960
resources that you have.

982
00:46:24.400 --> 00:46:26.840
Yeah, absolutely, you can go to Tony Bradshaw dot com.

983
00:46:26.880 --> 00:46:29.519
Everything I do is hosted there at Tony Bradshaw dot com.

984
00:46:29.719 --> 00:46:32.039
And then I have a couple interesting things to offer

985
00:46:32.039 --> 00:46:34.280
to your to your listeners, Benita. One is if you

986
00:46:34.280 --> 00:46:37.000
sign up for my newsletter, you'll get access to all.

987
00:46:36.920 --> 00:46:39.119
Three of my books for free, so you can download those.

988
00:46:39.119 --> 00:46:42.159
That's the Millionaire Choice, thirty one Days to Get Money Smart,

989
00:46:42.199 --> 00:46:44.199
and another book that you didn't mention, which is called

990
00:46:44.239 --> 00:46:47.480
Creating Millionaire Families. I'm only about half done with that one.

991
00:46:48.039 --> 00:46:49.639
I've got to do a little bit more work on it.

992
00:46:49.679 --> 00:46:50.960
But you get all three of those books for free

993
00:46:51.000 --> 00:46:52.880
if you stuffer from a newsletter. And then a new

994
00:46:52.920 --> 00:46:55.920
thing that I'm doing is called the Get Money Smart Community.

995
00:46:55.920 --> 00:46:58.719
It's an online community with courses and things inside of it,

996
00:46:59.159 --> 00:47:01.800
and we're actually let people into that for free right now,

997
00:47:02.000 --> 00:47:03.880
So if anybody wants to join that, you just have

998
00:47:03.920 --> 00:47:06.199
to click the button, fill out the little form and

999
00:47:06.280 --> 00:47:08.639
then we'll get you an invitation to that group and

1000
00:47:08.679 --> 00:47:10.920
you'll be a free member for that group as long

1001
00:47:10.960 --> 00:47:11.480
as I have it.

1002
00:47:11.559 --> 00:47:13.400
So it's a really good opportunity.

1003
00:47:13.719 --> 00:47:16.039
Eventually that thing is going to cost about twelve hundred

1004
00:47:16.039 --> 00:47:18.159
bucks a year to be in, so I would encourage

1005
00:47:18.199 --> 00:47:20.519
anybody that's listening to get in now before we start

1006
00:47:20.559 --> 00:47:22.079
charging for it right.

1007
00:47:22.519 --> 00:47:27.119
Well, and just a reminder for all of the guests,

1008
00:47:27.599 --> 00:47:29.679
all of the guests have there's I have like a

1009
00:47:29.719 --> 00:47:33.559
flyer on my website where you can find all of

1010
00:47:33.599 --> 00:47:36.760
this information and a link to where to find Tony.

1011
00:47:37.320 --> 00:47:40.880
So with that, we are out of time. Thank you

1012
00:47:41.000 --> 00:47:42.719
so much for joining us today.

1013
00:47:43.440 --> 00:47:45.760
Yeah, Benita, I've really enjoyed it. You've been a great host.

1014
00:47:46.519 --> 00:47:49.400
Thank you so much, and thank you all for listening

1015
00:47:49.440 --> 00:47:53.599
today and for being here on the Ask Good Questions Podcast.

1016
00:47:53.639 --> 00:47:56.320
I think we've asked some good questions today and we

1017
00:47:56.360 --> 00:47:58.039
will see you next time.

1018
00:48:02.239 --> 00:48:03.599
Today's episode is over.

1019
00:48:03.800 --> 00:48:07.039
But we did ask good questions again, didn't You don't

1020
00:48:07.039 --> 00:48:10.840
miss out as we broadcast live every Wednesday, six pm

1021
00:48:10.960 --> 00:48:15.119
Eastern Time on W four CY Radio at w fourcy

1022
00:48:15.400 --> 00:48:18.360
dot com joined Benita Bella. We're saying next week for

1023
00:48:18.599 --> 00:48:24.239
more conversations with experts on finances, retirement, behavioral finance issues,

1024
00:48:24.280 --> 00:48:28.960
health and wellness, and more. Until then, remember to ask

1025
00:48:29.159 --> 00:48:33.960
good questions.