Ep 26-The Top 5 Habits of Wealthy People Revealed (Part 3)

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Episode 26 of the Heart of Money podcast, hosted by Austin Black and Bob Wessler, completes a series on the successful financial habits of wealthy individuals. Topics include the misunderstood art of investing, which for wealthy people typically involves assets that grow in value rather than tangible goods. The hosts underline the role of financial education and patience in investing, citing the ‘set it and forget it’ practice that allows growth over time. They also point to the critical nature of consistent investing, regardless of market conditions. Wealthy individuals often invest in 401ks, Roth IRAs and mutual funds. Potential areas for investment include starting a business, real estate and collectible novelty items, although their value is dependent on what someone is willing to pay for them. The podcast emphasizes the importance of having financial advisors and maintaining a continuous, automatic investment approach.

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Ep 25-The Top 5 Habits of Wealthy People Revealed! (Part 2)

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Part 2 of our wealth building series looks at a habit that most people underestimate…education. We’re not talking about the prestigious degrees that cost tens of thousands of dollars. This education is often free and worth multiples more. We’re talking about education received from others through reading, listening and conversing.

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Ep 24-The Top 5 Habits of Wealthy People Revealed!! (Part 1)

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In the 24th episode of the Heart of Money podcast, host Austin Black and guest Bob Wessler discussed the significance of adopting the strategies of the wealthy for improved financial management. They emphasized that replicating successful models is more effective than inventing unique approaches. The discussion marked the beginning of a two-part series on the top five habits of rich individuals, aimed at helping listeners to reach their financial goals. Key points of wealth generation included the importance of savings, delayed gratification, thoughtful credit card usage, and robust financial planning. They acknowledged that while these strategies may appear simple, their implementation requires discipline and time. Further complex strategies will be explored in subsequent discussions.

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Ep 23-We Paid the Stupid Tax on New Cars and Credit Cards!! #BiggestFinancialMistake (Part 2)

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In Episode 23 of the “Heart of Money” podcast, hosts Austin Black and Bob Wessler discuss their biggest financial mistakes and lessons learned. Austin shares an experience where he offered to purchase camera equipment for a non-profit group on a credit card in his name, acknowledging the potential risk it embodied. Both hosts underline the significance of early financial education to avoid such instances and encourage listeners to share their own experiences on the Freedom Money Coach Facebook page. They strongly advise against assuming third-party financial obligations due to the associated risk. The hosts appreciate their audience’s support and encourage them to stay active on social media and provide feedback on the podcast.

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Ep 22-We Paid the Stupid Tax on New Cars and Credit Cards!! #BiggestFinancialMistake (Part 1)

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Episode 22 of “The Heart of Money” podcast, hosted by Austin Black and Bob Wessler, centers on important financial lessons learned from past monetary missteps. In this episode, Bob elaborates his unwise financial decisions made during car purchases due to inadequate research, peer pressure, and misconceptions promoted by car salespersons. Both hosts underline the significance of research, patience, and logical thinking in making substantial financial decisions like car buying and recommend against making hurried decisions under pressure. They also promote the upcoming free virtual event, the Revive Summit, aimed at helping people accomplish their goals. The episode ends with an invitation to listeners to share their financial stories on their Facebook page – Freedom Money Coach.

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