100 wealth building secrets by wealthsecrets
In my years as a Registered Investment Advisor, I have sat across the table from hundreds of clients who came in not because they lacked ambition—but because no one had ever given them a roadmap. While reading the 10th anniversary edition of The New Jim Crow by Michelle Alexander, I was struck by a concept she draws from the sociologist Loïc Wacquant: the "closed circuit of perpetual marginality"—a self-reinforcing system designed to keep people trapped. Alexander quotes Wacquant to illuminate how institutions cycle individuals through disadvantage with no visible exit. Though rooted in the sociology of incarceration, I recognized it immediately as a financial reality for millions of Americans. Limited access to capital. Reactive decision-making under pressure. Missed opportunities compounding into lost decades. And the relentless grind of instability that makes long-term thinking feel like a luxury. As an advisor specializing in comprehensive financial planning, my job is to interrupt that circuit—and replace it with a structured framework that builds real, lasting, guaranteed wealth.
During this podcast we discuss the steps to take when leaving your job to start your own business. From the cubicle to the CEO!
In this podcast we address what is holding you back from moving forward toward your goals.
During this podcast we talk about the differences between saving and investing, and why you should be clear on which one you should be focusing on during different phases of your life.
During this episode we talked about various financial scams designed to separate you from your money!
Listen to this podcast and learn about the many uses for a private family bank. We also talk about my new multi-generational wealth building system called the Hive Family Wealth Building Strategy. Check it out!
In this podcast we discuss the importance of researching your family history. Doing so can give you some ideal of the accomplishments and wealth building efforts of past family members. This can also help you create a proper accounting of your families holdings and assets.
In this podcast we discuss the importance during this time of uncertainty to have a little extra cushion in your cash reserves. This heightens your level of security and allows your investments to work through the market corrections with risk of being depleted unexpectedly.
When it comes to building multi-generational wealth it makes since to combine your resources with other family members. Multi-Family Wealth Cooperatives can be a very effective generational wealth building tool.
This episode deals with the psychology of money. When you know how to deal with your emotional relationship with money, you will be in a better position to manage your money and build wealth.
In this podcast we talk with two professionals that are a critical component of the home buying process. A mortgage broker and a real estate appraiser.
In this podcast we talk about a few was to minimize your taxes while building wealth and establishing retirement income.
During this podcast we discuss the concept of private pension plans funded with index universal life insurance policies. You will learn what a pension plan or defined benefit plan is and how you can establish your own non-qualified private pension plan.
In this podcast we talk about spending on needs for the first 3 months of the year, not your wants. Redirect all extra funds toward savings or debt reduction. This is called zero-balance budgeting.
Percentages are present in all aspects of your financial life. It is extremely important that you know what percent of your money is where and why.
Today we talk about the concept of investing in single family and multi-family real estate and using the monthly cashflow to pay life insurance premiums for an index universal life policy.
In this episode we discuss the importance of having a functional investment plan or strategy in place. But all the planning in the world means nothing unless you are consistently working your plan with discipline and conviction!
You have got to know what investments work for You; not what other people say is for you, or what they are investing in. Know what average annual return You need to reach Your goals, and what amount of risk that You are comfortable taking.
Stay in our wealth building lane. What he has and what she got has nothing to do with your journey. Use it as motivation; but not as a gauge.
It is important that you have your money in the correct savings and investment vehicles when you are trying to build wealth. You would not keep your meat in the pantry! Don't keep your long-term investments in cash, or your emergency cash in stocks!
In this episode we discuss the importance of overall good health and weight management. There seems to be a direct correlation between weight loss and improved finances.
Health is Wealth! And during this podcast we talk with Dr. Gary Sheppard about steps you should take to practice good healthcare maintenance. The key point that Dr. Sheppard addresses is the importance of annual checkups with your primary physician. Just like it is very important that you have annual reviews with your financial advisor. For more information about Dr. Sheppard go to www.memorialhermann.org
In this episode we visit again with Pastor Tia Norman. We last spoke with Tia back in episode 5 "Love people more than you love money".
In this episode we talk to one of my favorite people Pastor Tia Norman. I wanted to get her take on how to deal with the issue of being in or out of control of circumstances in our lives; to include our finances. We had a great discussion; check it out!
In this podcast we discuss the importance of getting ride of emotional baggage and financial trash. These things clutter your mind and hinder your ability to think clearly. It is hard to be optimistic and plan for bold personal and financial growth when are holding on to negative thoughts and experiences.
In this episode we continue our discussion on the importance of financial planning and the role it plays in wealth building. We have included an audio clip from one of the greatest motivational speakers in the country, Les Brown.
In this episode we continue our discussion on the importance of financial planning and the role it plays in wealth building. We have included an audio clip from one of the greatest motivational speakers in the country, Les Brown.
Building wealth is a process that requires forethought, structure and a comprehensive plan. The next few podcast will talk about that process.
During this podcast we discuss the importance of completion, conviction and cooperation as it relates to building wealth.
The secret to managing your cashflow is to maintain a good handle on your monthly spending. By minimizing your monthly expenses, you can make this task a lot easier, and put yourself in a position to have discretionary income. When you have discretionary income, you can establish systematic investment plans. And consistent contributions to an investment plan is one of the most effective ways to build wealth.
The secret to managing your cashflow is to maintain a good handle on your monthly spending. By minimizing your monthly expenses, you can make this task a lot easier, and put yourself in a position to have discretionary income. When you have discretionary income, you can establish systematic investment plans. And consistent contributions to an investment plan is one of the most effective ways to build wealth.
During this podcast we talk about the importance of managing your work week and knowing what your billable hours are. When you know how much you earn per hour; you know how much it is costing you to do things That take you away from your wealth building activities.
In this podcast we talk about the importance of treating your goals like they are important! We discuss some helpful guidelines that you can use to stay focused on and committed to your goals.
In this weeks podcast we talk about not only the need to establish clear and concise annual goals; but also the importance of reviewing the prior years goals, accomplishments and failures.
In this podcast we discuss the importance of finding and maintaining good professional advisors; such as Religious advisors, medical advisors, legal advisors and financial advisors. These professionals can help you stay focused, productive and successful.
During this episode we discuss steps you can take to prepare yourself for a possible job loss. Steps that will minimize the negative impact that a drastic reduction of income can have on your wealth building plans.
In this podcast we discuss the various types of insurance and savings vehicles that may be inside the benefit package at your job. We speak with Rhoda Haskins, MBA about the benefits of the HSA or Health Savings Account; and the many ways that you can use it in your financial planning process.
During this podcast we talk to Kevin Patton owner of Patton Insurance Agency. He explains the fundamentals that you need to know in order to make good buying decisions regarding your Auto, Homeowners, Life and Disability income insurance.
In this podcast we talk about the importance of knowing where to put different dollars with different purposes. Also known as the bucket system of wealth management. Listen and learn about the reasons and seasons of your wealth building dollars.
In this podcast we discuss the importance of knowing your current financial position; the good, bad and ugly. We discuss how this awareness is the foundation of your wealth building strategies going forward.
In this podcast we discuss the importance of anticipating and planning for setbacks of all kinds. It is important that you know how to transfer as much risk to risk management companies as possible. Health, disability, property & causality and life insurance is a critical part of any wealth building plan.
The secret to success in any endeavor is effort. And that is also true when it comes to building wealth. Constant and consistent effort along with discipline and education is without a doubt the key ingredients to building sustainable family wealth. So keep pushing the ball up the hill!!
In this podcast I talk about the need for pray in all things we do; but in particular, pray for clarity and direction on your wealth building journey. I also answer a very interesting question from Fabrienne about mortgage rates and investment returns for a 25 year retirement accumulation goal.
In this podcast I talk about the importance of listening! Listening to podcast and other audio that informs, educates and motivates you to build wealth. Wealth in all its forms: health, spirituality, education and money.
During this podcast we talk about action you can take to avoid the negative effect of inactivity bought by boredom. I will also answer a great question from Tamar Davis about what small business owners should be investing in post pandemic.
During this podcast we discuss the importance of sustained activity toward your wealth building goals. Plan your work and work your plan!
During this episode we talk to renowned psychotherapist Kine’ Corder. She shares with us some of the information she provides to executives, athletes and wealth builders all over the country. Your mind is your most powerful muscle; keep it sharp and fit!
It is important to know that some people are committed to separate you from your hard earned money. In this episode we talk about how to recognize and avoid frauds.
During this episode we discuss the importance of establishing an attitude of success. Success in establishing attainable goals; success in constructing a clear and concise wealth building strategy, and success in adjusting, adapting and overcoming obstacles on your way to the full completion of your goals.
During this podcast we discuss the use of alternative investments in your portfolio i.e. collectible art.
This podcast talks about the concept of wealth preparation and family dedication toward the concept of building wealth. What you need to do to start the foundation of generational wealth.
During this episode we discuss one of the biggest reasons for divorce in marriages; money management! How can you change the dynamics of your relationship and work together toward building wealth.
During this episode we discuss the importance of talking about money management and wealth building before you get married. I discuss the importance of working together as partners in your financial endeavors. To bring this topic home; I talk with a couple that have been married 8 years. They discuss the problems they faced in merging their financial lives, as well as the solutions they implemented to move their young family forward.
Make sure your children are ready to receive the wealth you leave them.
This is a bonus podcast to compliment podcast number 26 and 27.
Understanding the powerful impact of establishing multi-generational wealth with the use of life insurance.
This podcast is about Vision!
During this episode we pulled audio from our video series "Conversations with a Millionaire". During this series we spoke to several millionaires about what wealth means to them.
During this zoom recorded podcast I speak with some ladies at a Emporers Cut Cigars happy hour about things they have given up to build wealth.
The objective of this podcast is to convince you that if you clear the clutter and get organized you will have a more productive and stress free life. And all problems can be solved by production!
This are trying times for us all. There is a lot of uncertainty regarding our health, employment and our money.
In this podcast I address the fact that things sometimes do workout, they go wrong and you fall short. Don’t give up; just step back, reassess and re engage. Just don’t give up, give in or quite! During this podcast we speak with Dana Seay, a University of Louisville instructor with a background in financial planning and real life experiences in the art of starting over.
During this podcast we discuss one of the main reasons people loose money or miss opportunities in the stock market. Failure to take action because of fear, uncertainty or information overload will hinder your wealth building efforts.
In this podcast we discuss the amazing savings you can realize by using coupons and taking advantage of company sponsored discount programs. Check it out!
I am a realist; and I know that it is not easy to always do the right thing when it comes to your money.
To know where you are going, you need to know where you are. Taking an honest assessment of your finances is a critical step in the wealth building process; and that includes really knowing how much it cost you to live each month. When you know what your fixed and variable expenses are, you can make the necessary adjustments needed to marshall your money towards wealth building strategies!
In this episode we discuss the benefits of life insurance; and why it is one of the most important parts of your wealth building plan. Included in this episode is a reading from one of my books “A Fool and his money: The financial education if Anthony Fool”.
In this podcast we talk about the power of budgeting. When you know how much is coming in and going out; you can have more control of your money, to include how it is spent, saved and invested. We talk to two people who are at different stages in there life. Zoe, a 20 year old college student, and Tandelyn, a business coach with years of experience under her belt. Hopefully you will gain some useful knowledge that will aid you in your wealth building quest. Please contact me with any questions or topics you want to have covered in the 100 Wealth Building Secrets podcast. I can be reached at james@marshallyourmoney.com.
Don’t let procrastination and fear slow down your wealth building strategy. Deal with issues head on, and address setbacks immediately. This is how you minimize losses and maximize opportunities!
This podcast will give you a simple overview of the magic of compounded interest and how it can be a very effective tool for building long term wealth!
In this podcast we explore if it is possible to implement my cash flow strategy of gifting 10%, saving 10%, investing 5%, debt management of 25% and living off 50% of your take home income. I explain my concept and strategies, than I talk to some regular folk and get their thoughts on the matter. The consensus is that it is possible; but difficult. It takes effort, discipline and cooperation.
In this episode we discuss the importance of cashflow management and budgeting. You can’t effectively build wealth or meet your accumulation goals without good cashflow management. And you cannot have good cashflow management without discipline and planning. This podcast will talk about strategies you can use to put in place good cashflow management practices.
During this episode we talk with retired NFL player turned real estate expert Todd Scott. He will help you to understand how to effectively use rental income as a part of your wealth building process.
This episode addresses the importance of budgeting and cash reserves. During this episode we talk with of group of workshop attendees from The Kingdom Builders’ Center in Houston, TX.
During this podcast you will hear from renowned artist Leonard Freeman, as he discusses how he established and has maintained his creative process. I will talk with you about why it is important for wealth builders to dream, visualize and think creatively to position themselves to build wealth.
In this episode we talk to Attorney Ronique Robinson; a family law Attorney here in Houston, TX. The premise of this episode is to communicate the importance of seeking good advice; but knowing for yourself and owning your decisions!
In This weeks episode we talk with business owner and pastor Tia Norman. We talk about the concept of doing what you love and loving the life you have; “being present”.
Reading is fundamental! During this weeks podcast we talk to a couple of author's that share with you the many benefits of reading. Reading leads to knowledge, and knowledge is wealth!
In podcast number three we talk about the power of activity. Taking action is more productive than complaining. To help me make this point, I have invited Mr. C.L. Sedgewick from Washington, DC to discuss his views on surviving and thriving as a financial services professional. This is information you can use in your everyday wealth building journey.
In this ebisode we talk with psychologists Dr. Gerald Lee. he teaches us about the art of, and benefits of listening. Listening promotes learning, and learning is the pathway to wealth!
Join James Marshall, Author, Speaker and Registered Investment Advisor; as he brings to life the pages of his book: 100 Wealth Building Secrets. This week our guest is Winston Pittman, Sr. A very successful car dealership owner, with multiple dealerships over several states.
