Wealth-Building Made Simple
Money can be stressful, but it doesn’t have to be! This podcast is about helping people understand their finances and make smart choices for their future.
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Episodes
Wednesday Jun 04, 2025
Wednesday Jun 04, 2025
Key Takeaways:
Your Feelings Affect Your Money MovesJust like getting nervous before a test can mess with your thinking, strong emotions can make investors choose badly. Calm thinking leads to better decisions.
The Market Runs on Group FeelingsThe stock market is kind of like a giant group chat—everyone’s feelings and beliefs about money affect what things are worth. When people feel good, prices go up. When people panic, they drop.
Stop Reacting—Start ThinkingGreat investors don’t just react with fear. They take a breath, get curious, and look for smart ways to solve problems—even when things seem risky.
Try New Tech, Don’t Fear ItNew stuff like AI and Bitcoin might seem confusing, but being open to learning about them can help you grow your money in new and exciting ways.
Stay Positive, Think BigBelieving the future will be better helps you make bolder, smarter money choices. History shows that people who stayed optimistic often ended up winning big.
Chapters:
Timestamp Summary
0:00 Emotional Clarity and Market Consciousness in Investing
3:53 AI’s Role in Transforming Transportation and Society
6:56 Emotional Anchoring and Market Behavior in Investment Decisions
16:02 Embracing AI for Future Job Opportunities and Productivity
21:29 Emotional Clarity and Optimism in Navigating Financial Markets
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday May 30, 2025
Friday May 30, 2025
Key Takeaways:
Keep Track of Everything, Every MonthJust like you’d check your grades or allowance, businesses need to look at their money each month—and review bigger things every few months to plan for taxes.
Save Up and Spread OutBusinesses should keep at least six months’ worth of money ready for bills and emergencies. Also, don’t depend on just one customer—having many keeps your business safer and more appealing to future buyers.
Make It Work Without YouIf a business can only run when one person (like the owner) is there, it’s harder to sell. The more your business runs on systems and a team, the more valuable it becomes.
Plan Ahead to Avoid SurprisesIf you look at your money and taxes often, you won’t get hit with big surprises. You can make better decisions about what to spend, save, or invest in.
Structure It SmartSetting up your business the right way (with help from a lawyer) can protect what you own and make selling the business easier down the road.
Chapters:
Timestamp Summary
0:00 The Importance of Regular Financial Record Keeping for Businesses
2:08 Financial Planning and Tax Strategies for Business Stability
4:48 Preparing Your Business for Sale and Ensuring Its Longevity
7:29 Preparing for Business Success with Idiot-Proof Strategies
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday May 28, 2025
Wednesday May 28, 2025
Key Takeaways:
Don’t Let Your Brain Trick YouSometimes we think we know something, but it’s really just an opinion or old belief. That can lead to bad money decisions. It’s important to check the current facts and not just go with your gut which might be based on past experiences.
Be Willing to Change Your MindIf you keep believing old stuff that’s no longer true, you might miss out on great new opportunities. Learning new things and being open to change helps you grow your wealth.
Bumpy Markets Aren’t Always BadWhen the stock market goes up and down (called “volatility”), it can feel scary—but it’s also when smart investors find good deals. It’s like shopping during a big sale.
Think Long-Term, Not Just Right NowThe best investors don’t get distracted by quick news or hype. They focus on the big picture and wait for their money to grow over time—like planting a tree and giving it time to grow.
Keep Learning and AdjustingThings change all the time in the money world. If you keep learning and stay flexible, you’ll be ready to make smart moves and avoid mistakes.
Chapters:Timestamp Summary
0:00 Investing in the Obvious Amid Market Volatility
8:36 Inflation, Emotional Spending, and the Quest for Financial Balance
15:07 Volatility in Bitcoin as a Paradigm Shift Opportunity
18:21 Navigating AI Hype and Investment Strategies
21:52 Embracing Change and Evolving Knowledge for Financial Success
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday May 23, 2025
Friday May 23, 2025
Key Takeaways:
Know When Money Comes and GoesGood money planning isn’t just about how much you make—it’s about when you make it and spend it. If you time it right, you can lower the taxes you owe.
Retirement Plans = Double WinUsing retirement plans like a SEP or solo 401(k) helps business owners save money for later and pay less in taxes now. It also makes workers happier!
Spread Out Big Money MomentsIf you suddenly make a lot of money (like selling a business), you might have to pay a lot in taxes. But you can sometimes stretch the income over a few years to avoid one giant tax hit.
Help With Health = Save on TaxesUsing tools like HSAs and FSAs lets employees pay for health stuff tax-free—and it gives the business some tax savings too. It’s a win-win!
Tax Laws Change—Stay Sharp!The government changes tax rules often. Knowing what’s new helps you make smarter money moves and avoid surprises.
Chapters:
Timestamp Summary
0:00 Complex Cash Flow and Investment Planning Around Taxes
2:48 Strategies for Managing Taxes on One-Time Income Events
5:40 Navigating Tax Incentives and Employee Retention Strategies
7:56 Tax Benefits of Retirement Plans and Health Savings Accounts
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday May 21, 2025
Wednesday May 21, 2025
Key Takeaways:
Money Should Move Like InformationThink about how you can send a text or a video to anyone in the world in seconds. Money should work the same way—fast, easy, and without needing a bank or government in the middle.
Bitcoin Has a Limit—That’s a Good ThingThere will only ever be a certain amount of Bitcoin (just like there’s only one Mona Lisa). That makes it more stable and trustworthy than regular money, which governments can print more of whenever they want.
Regular Money Can Lose Value Over TimeWhen prices go up (called inflation), your dollars can buy less stuff. That means saving money in dollars can be risky. Politicians and banks can also make changes that affect how much your money is worth.
Bitcoin Matches the Way We Live TodayPeople live, work, and shop online all over the world. Bitcoin fits this lifestyle because it’s digital, works anywhere, and doesn’t belong to just one country.
Using Bitcoin Could Change Big Life DecisionsImagine buying a house with money that keeps its value better over time. If Bitcoin became the way we measure prices, it could help people make smarter, long-term choices with their money.
Chapters:
Timestamp Summary
0:00 Why Measure the World in Bitcoin
2:45 Understanding Money as Information in the Digital Age
6:01 The Challenges of Using Unstable Measurements in Construction
6:41 The Case for Bitcoin as a Stable Financial Measurement
10:05 The Financial Impact of Bitcoin Versus Traditional Currency
13:05 Comparing Real Estate and Bitcoin Investment Returns
16:35 Building Wealth Through Bitcoin and Stablecoin Investments
18:11 Leveraging Stable Currencies and Bitcoin for Financial Growth
20:08 Investing Wisely: Consult Advisors and Understand Risks
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Follow Phillip Washington, Jr. on Instagram (@askphillip)
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday May 16, 2025
Friday May 16, 2025
Key Takeaways:
Look for Hidden Tax TreasuresThere are special tax “bonuses” for doing good things, like hiring veterans or creating new stuff (like inventions). These are called tax credits, and they can save your business a lot of money.
Don’t Trust Every TikTok TipJust because someone says something about taxes online doesn’t mean it’s true. Always double-check with someone who really knows—like a CPA (that’s a tax pro!).
Keep Good Records—AlwaysSave every receipt, bill, and note about what you spend for your business. If the IRS ever checks your work, you’ll be ready and won’t panic.
Find Your Tax StyleSome people take more risks on their taxes, while others play it safe. You need to know what feels right for you and build a plan that fits both your comfort level and your business goals.
Get Help From a ProA CPA can help you find tax savings you didn’t even know existed. Meeting with one regularly helps you stay legal, smart, and ahead of the game.
Chapters:
Timestamp Summary
0:00 Introduction to Tax Deductions and Credits
0:42 The Importance of Tax Deductions
1:06 Finding Valuable Deductions for Your Business
3:21 Tax Credits for Hiring and Innovation
5:00 Documenting Expenses for an Audit
8:02 Balancing Aggressiveness with Tax Risks
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Follow Phillip Washington, Jr. on Instagram (@askphillip)
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday May 14, 2025
Wednesday May 14, 2025
Key Takeaways:
Gold = The OG Money
For generations, people have used gold as a trusted way to measure value. It's like the solid rock that all other money stuff is built on — even credit and loans!
Why Trust Matters in Money
Money and investments work well when people trust them. If people believe something will keep its value (like a house or a bond), they treat it like it’s worth more. But if trust drops, so does its value.
Markets Move in Cycles
The market goes through ups and downs — kind of like a roller coaster. Smart investors know when it’s time to be bold (taking some risks) and when to be safe (putting money into steady stuff like gold or real estate).
Watch the Clues!
You can spot where the market is going by checking:
Gold prices (Is it rising? That could mean people are looking for safety.)
Bond yields (How much are governments paying to borrow money?)
Central bank policies (Are they raising or lowering interest rates?)
Stay Calm & Be Flexible
The best investors don’t panic. They balance their emotions and adapt when things change. Like in sports — sometimes you attack, sometimes you defend — depending on how the game’s going.
Chapters:
Timestamp Summary
0:00 Understanding Collateral, Credit, and Commodities in Financial Systems
4:45 The Evolution of Goldsmiths to Modern Banking
5:24 Understanding Market Cycles Through Trust and Financial Instruments
8:18 Financial Cycles, Asset Trust, and Market Revaluation
11:24 Gold and Bonds as Indicators of Economic Trust
14:43 Balancing Investment Strategies Amid Market Uncertainty
24:17 Emotional Regulation and Financial Investment Strategies
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday May 09, 2025
Friday May 09, 2025
Key Takeaways:
LLC vs. S Corp vs. C Corp = Different Tax RulesThink of your business like a costume—it can dress up as different types (like LLC, S Corp, or C Corp). Each costume changes how much tax you pay and how your money is handled.
How You Pay Yourself MattersIf you run your own business, you can pay yourself like a worker (salary) or take money out like an owner (distribution). Each way has different tax effects, so you want to choose smartly.
Keep Up With the RulesTax laws can change, kind of like rules in a game. You need to know the current rules to keep winning, but don’t get so caught up in the future that you stop growing your business today.
Plan Your Income and DeductionsIf you know how much money you're making and spending ahead of time, you can use that info to lower how much tax you owe. That’s called “strategic planning,” and it saves you money.
Think Big Picture With Your FinancesTaxes are just one part of your business. To really succeed, you need to look at everything—how much you make, spend, save, and grow—like one big puzzle.
Chapters:
Timestamp Summary
0:00 Strategies for Entrepreneurs to Minimize Taxes Legally
1:39 Choosing Between LLC, S Corp, and C Corp for Business
4:27 Understanding Tax Implications of Paying Yourself in Different Business Structures
6:25 Strategic Tax Planning for Business Growth
8:32 Strategies for Managing Year-End Business Expenses and Taxes
9:26 Big Picture Strategies for Business Finances and Investment Advice
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Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday May 07, 2025
Wednesday May 07, 2025
Key Takeaways:
What Is Monetary Overstretch?
Imagine if someone kept borrowing money and never paid it back — eventually, things would fall apart. That’s what happens when the whole money system gets too deep into debt. It's like trying to build a tower too high on a shaky base.
How to Spot the Signs
Look out for:
Super low interest rates (like banks making it cheap to borrow)
Prices of things going way up (that’s inflation)
Big bubbles in stuff like housing or stocks (prices that don’t make sense)
Governments constantly giving out money to keep things running
How It Affects Regular People
When the system is shaky:
Jobs might be harder to find
Things cost more (like groceries or gas)
It’s harder to afford the things you need
That’s why it’s important to understand what’s going on in the economy — so you're not caught off guard.
What Central Banks Are Doing
Central banks (like the Federal Reserve) try to “fix” things by changing interest rates. But if they make the wrong move, it can make things worse — like trying to fix a leak and accidentally flooding the house.
How to Protect Your Money
It’s smart to start looking at things that don’t lose value over time — like Bitcoin or real estate. These are harder to “print more of,” so they can help you stay ahead when money starts losing its worth.
Chapters:
Timestamp Summary
0:00 Introduction to Monetary Overstretch
1:07 Explaining Monetary Overstretch
3:04 Impact of Human Intervention on Systems
4:12 Signs of Financial System Overstretch
6:17 Rising Inflation and Global Impacts
7:55 Dependence on Stimulus
9:06 Effects on Everyday People
11:21 Central Banks and Tightening Policy
13:15 Assets That Hold Value
14:36 Traditional Portfolios and Currency Value
16:02 Investor Mindset and Principles
19:20 Decentralization and Market Evolution
21:38 New System Transition and Conclusion
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday May 02, 2025
Friday May 02, 2025
Key Takeaways:
Pay Now, Save Later A Roth conversion means you pay taxes on the money now, but once it’s in the Roth account, it grows and can be taken out later with no taxes at all. That’s a big win for the future!
Pick the Right Time Doing a conversion when you’re making less money (so your taxes are lower) or when you’re giving money to charity (which gives you tax breaks) can make it way cheaper to convert.
Ask a CPA for Help A CPA (kind of like a tax coach) can help you figure out the best time to do the conversion so you don’t end up with a big tax surprise.
The Sooner, the Better Doing a Roth conversion earlier in your career gives the money more time to grow — kind of like planting a tree early so it gets big and strong over time.
Look at the Whole Picture Don’t just focus on the taxes. You’ve got to look at your full money situation — savings, income, giving, and future goals — to decide if a Roth conversion makes sense.
Chapters:
Timestamp Summary
0:00 Exploring Tax-Free Retirement with Roth IRAs
1:15 Strategic Roth IRA Conversions and Tax Implications
4:15 Strategies for Minimizing Tax Impact on IRA Conversions
5:52 Strategic Timing for IRA Withdrawals and Tax Efficiency
5:53 Planning Retirement and Advocacy in Financial Conversations
6:23 Coordinated Roth Conversions with CPA for Optimal Tax Strategy
7:08 Balancing Tax Pain with Long-Term Financial Gains
7:57 The Importance of Roth Conversions and Team Financial Planning
9:31 Consult Advisors Before Investment Decisions Due to Risks
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Follow Phillip Washington, Jr. on Instagram (@askphillip)
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Apr 30, 2025
Wednesday Apr 30, 2025
Key Takeaways:
The Market Is Built by People
Every time someone starts a business, buys a product, or invests money, they’re helping shape the market.
It’s not just Wall Street or big companies—regular people play a huge role too.
Know Who’s Involved
The market includes individuals (like you and me), businesses, and governments.
Understanding how these groups act helps investors make better decisions.
Change Is Constant
Markets are always evolving because of new technology, cultural shifts, and generational values.
If you try to avoid change, you’ll fall behind. Smart investors learn to ride the wave.
Amazon: A Real-Life Disruption
Amazon started as a simple online bookstore. Now it dominates shopping, cloud computing, and more.
This shows how bold, disruptive ideas can change entire industries—and why it’s important to stay open to new opportunities.
Balancing Chaos and Order
The market isn’t totally random, but it’s not perfectly controlled either.
It moves between ups and downs—this mix of chaos and order is natural and necessary for growth.
Chapters:
Timestamp Summary
0:00 Understanding Market Dynamics Through People, Businesses, and Governments
2:55 The Evolution of Retail and the Rise of Online Shopping
5:19 The Dance Between Chaos and Order in Markets
8:57 Embracing Market Evolution with Optimism and Creative Logic
11:02 Embracing Market Volatility for Financial Growth
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Apr 25, 2025
Friday Apr 25, 2025
Key Takeaways:
Giving Away Valuable Stuff Can Save You Taxes If you donate things that have gone up in value, like stock or a car, you won’t have to pay taxes on the money they’ve earned — and you get a tax break for giving them away!
Use a Special Giving Account (Donor-Advised Fund) This is like a charity savings account. You can put money in now (and get a tax break), then give it to your favorite charities later. Super flexible!
Work with a CPA (Money & Tax Expert) A CPA can help you come up with smart ways to move your money around, so you save more on taxes and give in the smartest way possible.
Make Giving Part of Your Bigger Money Plan It’s great to be generous, but it’s even better when it fits into your full money plan. That way, you can help others and keep your finances strong.
CPAs Help You Give More and Save More With the right advice, you can help the causes you care about and still keep more of your money by paying less in taxes. That’s a win-win!
Chapters:
Timestamp Summary
1:50 Tax Benefits of Donating Appreciated Assets to Charity
3:57 Maximizing Tax Benefits Through Donor Advised Funds
6:57 Maximizing Tax Benefits Through Strategic Charitable Giving
9:04 Consult Advisors Before Implementing Investment Strategies
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Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Apr 23, 2025
Wednesday Apr 23, 2025
Key Takeaways:
Different Types of Crypto (Like Different Tools)
Think of Bitcoin like digital gold — it’s something people save because it holds value over time.
Other coins like Ethereum and Solana are more like smart computers that let people build cool apps or make contracts without needing a middleman.
New Kind of Money System (No Banks Needed)
With something called DeFi (short for Decentralized Finance), you can borrow or lend money using apps like AAVE and Uniswap — no banks, no waiting in line!
Why Crypto Prices Change So Much
Prices go up or down depending on:
How many people want it (supply & demand)
How useful it is
New tech updates
What people feel about it
What governments say or do about it
Creative Ways to Raise Money
Businesses can now raise money through crypto instead of banks. This can help more people (not just the rich) invest or start something big without needing a bunch of connections.
The Future Is Digital
Crypto is becoming part of the world economy. Someday, you might be able to own a piece of a company or a building in another country, right from your phone!
Chapters:
Timestamp Summary
0:00 Understanding Bitcoin and Other Cryptos Through a Sports Analogy
4:48 Crypto’s Future Amid Economic Shifts and Regulatory Changes
7:50 Crypto as a Tool for Democratizing Capital and Community Ownership
10:01 Future of Fan Ownership in Sports Teams Through Blockchain
11:41 The Future of Finance: Crypto’s Role in a Connected Economy
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Apr 18, 2025
Friday Apr 18, 2025
Key Takeaways:
Triple Tax Win!HSAs are awesome because you don’t pay taxes when you put money in, let it grow, or take it out for medical expenses. That’s like winning three times with one account!
Covers More Than You ThinkYou can use your HSA money for way more than just doctor visits. Need to make your bathroom safer or install ramps at home for medical reasons? That might count, too!
Not All Insurance Plans QualifyBefore opening an HSA, your health insurance has to be a high-deductible health plan. That just means you pay more out-of-pocket before insurance helps — and not every plan lets you use an HSA.
Keep Your Receipts!If you use HSA money, you need proof it was for a real medical expense. That way, if the government ever checks, you’re ready.
Talk to the Money ProsA financial planner or a CPA (a money and tax expert) can help you get the most out of your HSA and make sure you’re doing it right.
Chapters:
Timestamp Summary
0:00 Using HSAs for Tax-Free Medical Marijuana Purchases
1:06 Understanding HSAs and Their Tax Benefits
2:57 Maximizing HSA Benefits for Medical Expenses in Retirement
5:37 Maximizing Retirement Savings Through Medical Expense Planning
6:55 Maximizing Health Savings Accounts for Medical and Wellness Expenses
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Apr 16, 2025
Wednesday Apr 16, 2025
Key Takeaways:
Technology Always Changes the World
From ancient farming tools to smartphones, every big invention has helped shape how people live and work.
Now, digital currencies are doing the same by changing how we think about money.
Bitcoin Started Something New
In 2009, Bitcoin was created as a new kind of money that isn’t controlled by any one country or bank.
It runs on a computer network that anyone can use and no one can shut down.
Why People Like Bitcoin
Many people are tired of traditional money systems that lose value over time because of inflation (when prices go up and money buys less).
Bitcoin has a limited supply, which means it can’t be printed endlessly like paper money.
History Helps Us Understand the Big Picture
Looking at how past technologies changed the world helps us see how big of a deal digital money really is.
Just like gold changed trade or the internet changed communication, Bitcoin is changing how we use money.
Want to Learn More? a. The podcast guest wrote an article in Dallas Weekly that dives deeper into Bitcoin’s purpose and how it could impact society in the long run.
Chapters:
Timestamp Summary
0:00 Introduction to Technological Innovations
0:40 Realization of Living Through Technological Shifts
1:24 Core Idea of Bitcoin and Article Invitation
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Apr 11, 2025
Friday Apr 11, 2025
Key Takeaways:
Put As Much As You Can into Your 401(k) A 401(k) lets you save money before the government takes taxes out. That means you pay less in taxes now and get to save more for your future.
Free Money from Your Job (Company Match!) Some jobs will match part of the money you put in — like if you put in $100, they might also add $100. That’s basically free money, and it helps your savings grow faster!
Older = Can Save More When you get older, you’re allowed to put even more money into your 401(k). It’s like getting extra space in your savings locker the closer you get to retirement.
Save on Taxes Today Since the money you put in your 401(k) is pre-tax, you won’t pay taxes on it right now. That helps keep more of your paycheck today while you prepare for the future.
Plan Like a Championship Team Winning with money takes strategy and discipline — just like a sports team working hard to reach the Final Four. If you stick to your plan, you’ll be ready for a strong finish later in life.
Chapters:
Timestamp Summary
0:29 NCAA Tournament and Retirement Planning
1:16 Tax Benefits of Maxing Out Retirement Plans
2:25 401(k) Plan Contribution Limits Explained
4:09 Withdrawal and Tax Implications
5:39 Encouragement to Maximize Contributions
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Apr 09, 2025
Wednesday Apr 09, 2025
Key Takeaways:1.Volatility Isn’t the Same as Risk
Volatility means prices are changing a lot—up and down.
Risk is the chance of losing money permanently.
Just because something is bouncing around doesn’t mean it’s dangerous—it could be an opportunity.
2. Math Doesn’t Tell the Whole Story
Many investors use formulas to try to predict risk.
But markets are influenced by people’s feelings, news, and unexpected events—things math can’t fully capture.
So, relying only on numbers can cause people to miss the bigger picture.
3. Smart Investors Use Volatility to Win
When prices drop suddenly, good investors look for great companies that are now “on sale.”
They buy low when others are scared and sell high later when the price recovers.
4. A Real-Life Example: MSTR Stock
The stock for MicroStrategy (MSTR) went through big price swings.
Investors who understood this and bought when it was down saw big gains as the price later shot up.
5. Volatility = Growth
Without price changes, there would be no chance to “buy low and sell high.”
Volatility keeps the market moving and opens doors for financial growth over time.
Chapters:
Timestamp Summary
0:00 Introduction to Volatility and Misconceptions
0:42 The Math Trap and Harry Markowitz’s Influence
1:57 Flaws of Equating Volatility with Risk
3:17 Limitations of Mathematical Models
4:32 Misinterpretations and AI Overestimations
5:37 Volatility Equals Growth and Investment Examples
8:22 Consequences of No Volatility and Final Thoughts
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Monday Apr 07, 2025
Monday Apr 07, 2025
Key Takeaways:
What Happens in a Trade War?
Countries charge extra taxes (tariffs) on imports from rival nations.
This makes goods more expensive for businesses and consumers.
Over time, it can slow down the economy and increase prices.
Where to Put Your Money When Trade Wars Happen
Some investments are safer during economic uncertainty:
Gold: Holds its value when money loses purchasing power.
Defensive Stocks: Companies that sell everyday necessities, like food and healthcare, stay strong even in bad times.
U.S. Treasury Bonds: Considered a safe place to store money.
Why Currency Strength Matters
Countries with stable money (like the U.S. dollar) attract global investors.
A strong currency helps prevent rising prices (inflation) and protects the economy.
The Growth of Digital Money
Cryptocurrencies like Bitcoin are becoming more popular as a form of money.
People like them because they can’t be easily controlled by governments and are limited in supply.
Some investors see digital assets as the future of financial security.
How to Stay Ahead in a Changing Economy
Pay attention to new trends like digital money and shifting trade policies.
Diversify investments to include both traditional (stocks, bonds, gold) and modern assets (cryptocurrencies).
Be flexible—markets change, and successful investors adapt.
Chapters:
Timestamp Summary
0:00 Protecting Investments During Trade Wars
1:21 Fraternity Rivalry Mirrors Trade Wars and Campus Tensions
3:35 Strategies for Financial Stability During Trade Wars
7:57 Bitcoin's Role as a Digital Reserve Asset in Modern Economies
10:51 Embracing Bitcoin for Financial Growth and Security
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Apr 04, 2025
Friday Apr 04, 2025
Key Takeaways:
Keep Financial Records Organized – Keeping track of income and expenses throughout the year makes tax time easy and stress-free. No scrambling for receipts at the last minute!
Bookkeeping is More Than Just Taxes – Good record-keeping isn’t just for tax season—it helps businesses understand their profits and plan for future growth.
Be Strategic with Tax Deductions – While tax write-offs can lower your tax bill, they should fit into your bigger financial goals. Some deductions may not be worth it if they hurt your long-term plans.
Sometimes Less Deductions = More Wealth – Taking fewer deductions can make a business look stronger on paper, which helps when applying for loans or attracting investors. It’s not always about paying the least in taxes!
Smart Borrowing and Investing Can Build Wealth – Instead of just focusing on saving money through taxes, business owners can use strategic borrowing and investments to grow their wealth without taking on huge tax burdens.
Chapters:
Timestamp Summary
0:00 Making Tax Season Stress-Free and Enjoyable
1:35 The Importance of Organized Bookkeeping for Tax Efficiency
4:02 Strategic Borrowing for Wealth Building in Cyberspace
4:53 Strategic Tax Planning and Investment Decisions
7:11 Leveraging Loans and Assets to Minimize Tax Liabilities
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Apr 02, 2025
Wednesday Apr 02, 2025
Key Takeaways:
Why Prices Go Up and Down
When lots of people want something but there isn’t much of it, prices go up (like when concert tickets sell out).
When there’s too much of something and not enough buyers, prices go down (like when stores have sales to clear out old inventory).
How the Federal Reserve Affects the Economy
The Federal Reserve (or "the Fed") controls how much money is in the economy.
It changes interest rates to make borrowing easier (low rates) or harder (high rates), which influences spending and investing.
When the Government Messes with the Market
Sometimes, the government steps in to fix economic problems, but this can cause other issues.
If they print too much money or keep interest rates too low for too long, it can create "bubbles"—situations where prices rise too fast before crashing down.
Investing Smart in a Messy Market
Because markets don’t always act naturally, smart investors learn to recognize these distortions.
They make flexible investment plans that take advantage of these changes instead of blindly following the crowd.
Thinking Long-Term Instead of Following the Herd
Many people invest just because everyone else is doing it, but that can be dangerous.
Understanding how the economy works helps investors make better long-term choices rather than getting caught in financial bubbles.
Chapters:
Timestamp Summary
Timestamp Summary
0:00 Introduction to Economic Dance
0:35 Basics of Supply and Demand
1:12 The Role of the Federal Reserve
2:33 Goods, Services, and Economic Cycle
3:41 Government Intervention and Distortion
5:23 Building Investment Strategies
7:09 Profiting from Market Inefficiencies
8:58 Market Distortions and Opportunities
10:03 Developing Personal Economic Insights
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Monday Mar 31, 2025
Monday Mar 31, 2025
Key Takeaways:
Saving Helps Everyone When people save money, it doesn’t just sit there—it gets used to help businesses grow and create jobs. This makes the economy stronger and more stable.
Smart Borrowing Helps the Economy Grow Using credit (borrowing money) the right way—like taking a loan to buy a house or start a business—helps the economy grow. But if too many people borrow irresponsibly, it can cause financial problems.
Inflation vs. Deflation
Inflation means prices go up over time, making things more expensive.
Deflation (in a well-managed system) can actually be a good thing because it shows that businesses are getting better at producing goods efficiently, which can lower prices.
What History Teaches Us About Money and Power Throughout history, whenever a small group controlled all the money, regular people suffered. Economic freedom—where people can make their own financial choices—leads to a healthier society.
Working Together Creates Innovation and Wealth In places like Silicon Valley and Texas, businesses work together to create new technology and products. When companies collaborate instead of competing too aggressively, they can build wealth faster.
Chapters:
Timestamp Summary
Timestamp Summary
0:00 Understanding Money: Savings, Credit, Inflation, and Deflation
5:48 Balancing Money and Power Through Fair Rules and Leadership
9:01 Economic Freedom and Power Dynamics in Historical Contexts
11:43 Balancing Money and Power for Generational Wealth
13:11 Investment Advice and Risk Management Essentials
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Mar 28, 2025
Friday Mar 28, 2025
Key Takeaways:
Track and Reconcile Finances Regularly – Just like athletes stick to a training schedule, businesses need to check their financial records often. Keeping track of income and expenses helps avoid costly mistakes.
Plan for Taxes Year-Round – Instead of waiting until tax season, businesses should review their tax situation every few months. This helps them take advantage of tax-saving opportunities, like R&D tax credits.
Analyze Financial Statements – Checking the income statement, balance sheet, and cash flow statement regularly ensures the business stays financially healthy and allows for smarter decisions.
Organization Boosts Creativity – When a business has its finances in order, it has more freedom to try new ideas and grow. Being organized creates opportunities for innovation.
Stay Competitive with Financial Discipline – Businesses that manage their money well are better prepared for market changes and unexpected challenges, keeping them ahead of their competition.
Chapters:
Timestamp Summary
0:00 Introduction to Wealth Building Made Simple
0:39 Relating Basketball Strategy to Business Finance
1:50 Daily Financial Discipline and Recording Transactions
2:33 Importance of Reviewing Financial Statements
3:54 Tax Considerations and Strategic Planning
5:23 Discipline and Creativity in Finance
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Mar 26, 2025
Wednesday Mar 26, 2025
Key Takeaways:
Gold Was the Original Money – For thousands of years, gold was used as money because it was rare, valuable, and didn’t lose its worth over time. People trusted it to store their wealth.
Goldsmiths Created the First Banks – Long ago, goldsmiths kept people’s gold safe and gave them paper receipts for it. Over time, these receipts started being used like money, which led to the banking systems we have today.
The US Dollar Became the World’s Money – After World War II, many countries agreed to use the US dollar as the main currency for global trade. This system worked for a while, but in 1971, the US stopped linking the dollar to gold, changing how money worked.
The Petrodollar System is Weakening – The world started using US dollars to buy oil, which helped keep the dollar strong. But now, with too much government debt and other countries looking for different options, this system is starting to break down.
Bitcoin Could Be the Future of Money – Unlike paper money controlled by governments, Bitcoin is digital and decentralized, meaning no one can print more of it. Some people believe it could become a new way to save and trade money worldwide.
Chapters:
Timestamp Summary
0:00 The Evolution of Money from Goldsmiths to Bitcoin
3:15 The Evolution of Currency Systems and Global Economic Stability
4:55 The Evolution and Challenges of the Dollar as Reserve Currency
6:08 Embracing New Ideas Through Systemic Evolution and Resistance
6:47 Bitcoin’s Role in a Decentralized Future Monetary System
8:30 Bitcoin Savings Make Housing Exponentially Cheaper Over Time
9:37 Bitcoin as a Global Savings Solution
11:58 Invest Wisely: Consult Advisors and Understand Investment Risks
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Monday Mar 24, 2025
Monday Mar 24, 2025
Key Takeaways:
Money Has Three Main Jobs – It helps people trade (buy and sell things), store value (save for later), and measure the worth of goods and services (like saying a bike costs $200). Without money, trade would be much harder!
Inflation Makes Money Lose Value – Over time, prices go up because of inflation. This means the same amount of money buys less than it did before. For example, a soda that cost $1 ten years ago might cost $2 today.
Money Systems Change Every 30–50 Years – Throughout history, governments have controlled money, but they often print too much of it, causing problems. Because of this, the way money works tends to change every few decades.
The Petrodollar System is Under Pressure – Right now, the U.S. dollar is the main currency used for buying oil worldwide (this is called the petrodollar system). But some countries and investors are looking for new options, like Bitcoin, because they worry about the dollar losing value.
Understanding Money Helps You Make Smart Choices – When you know how money works, you can protect your savings, make better financial decisions, and prepare for changes in the economy.
Chapters:
Timestamp Summary
0:00 Introduction to Money
0:34 Reflecting on the 2008 Financial Crisis
1:15 The Role of Money in Trade
2:25 Money as a Store of Value
3:46 Value Measurement Distortion
5:04 Historical Changes in Money Systems
6:19 The Shift Towards Bitcoin and Cryptocurrencies
7:41 Understanding Money’s Importance for Investors
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Mar 21, 2025
Friday Mar 21, 2025
Key Takeaways:
The Three Financial Statements Matter – Businesses use three main reports: the balance sheet, the income statement, and the cash flow statement. Each one tells a different part of the financial story.
The Income Statement Shows Profitability – This report tracks how much money a business makes (revenue), what it spends (expenses), and whether it made a profit or loss over a specific time.
The Balance Sheet Shows What a Business Owns and Owes – It lists assets (what the business owns), liabilities (what it owes), and equity (the owner's share). This gives a snapshot of the company’s overall financial strength.
The Cash Flow Statement Tracks Money Movement – This statement shows how money moves in and out of the business, covering operations, investments, and loans. A business can be profitable but still struggle if it doesn’t manage cash flow well.
Financial Knowledge is More Important Than Ever – Understanding these reports helps business owners make smart decisions, avoid financial trouble, and plan for the future in today’s changing economy.
Chapters:
Timestamp Summary
0:00 Introduction to Financial Statements
0:35 Income Statement Overview
1:55 Importance of Balance Sheet
3:34 Understanding Cash Flow Statements
4:29 Importance of Balance Sheets for Investors and Business Owners
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Mar 19, 2025
Wednesday Mar 19, 2025
Key Takeaways:
Alignment is More Than Faith – Simply believing things will work out isn’t enough. True alignment requires a clear mind, logic, and an open perspective.
Great Investors Stay Aligned – Instead of fearing market ups and downs, successful investors understand that change and volatility are natural parts of the economic cycle.
Optimism + Reality = Clarity – The best financial decisions come from balancing hope for the future with a realistic view of what’s happening in the market.
Ignore the Noise, Focus on the Big Picture – Markets are full of distractions, but those who stay focused on long-term trends are the ones who build wealth.
Volatility Can Be Your Friend – Instead of seeing market swings as scary, smart investors use them as opportunities to increase their returns.
Chapters:
Timestamp Summary
0:00 Understanding Faith Versus Alignment in Business and Investing
4:29 Embracing Curiosity and Letting Go of Past Experiences
6:20 The Flow of Wealth and the Role of Technology
8:32 The Power of Alignment in Seizing Opportunities
10:03 The Power of Nonjudgment and Acceptance in Achieving Goals
12:02 Embracing Volatility and Alignment in Entrepreneurship and Investing
13:54 Embracing Volatility for Higher Investment Returns
17:32 Aligning Investment Strategies with Personal Mindset and Risk Assessment
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Mar 14, 2025
Friday Mar 14, 2025
Key Takeaways:
A Good Accounting System Saves Money – Tracking your income and expenses properly helps you pay the right amount of taxes and avoid costly mistakes. The better your records, the more money you can save!
Choose the Right Accounting Software – Many small businesses use QuickBooks, but there are other options like Xero and FreshBooks. The right software depends on your business size and needs.
Use Separate Bank Accounts for Safety – Having different accounts for daily operations, payroll, and savings helps prevent fraud and keeps money organized. This also makes it easier to see where your money is going.
Review Your Finances Regularly – Checking your books every month or every three months helps you avoid surprises at tax time and ensures everything is accurate.
Work with a Professional Accountant – A Certified Public Accountant (CPA) or bookkeeper can help make sure transactions are recorded correctly. They also provide insights into your business’s financial health and future growth.
Chapters:
Timestamp Summary
0:00 Introduction to Tax Season Tips
0:48 Importance of a Solid Accounting System
2:02 Choosing the Right Accounting Software
4:47 Organizing Bank Accounts for Small Business
6:44 Regular Bookkeeping and Review Importance
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Mar 12, 2025
Wednesday Mar 12, 2025
Key Takeaways:
A New Way to Invest in Bitcoin – Structured products allow investors to gain exposure to Bitcoin’s upside while protecting part of their initial investment.
Like Bonds, But With More Growth Potential – These products often use safe assets, like government bonds, to help secure a portion of your money while still allowing for gains.
Using Options to Manage Risk – The bull call spread strategy involves buying and selling Bitcoin call options, helping investors control costs and limit potential losses.
Market Makers Keep Things Moving – These financial professionals help manage market volatility, making it easier to trade Bitcoin and other emerging assets.
Expert Guidance is Key – Since structured products can be complex, working with a financial professional ensures you understand the risks and rewards before investing.
Chapters:
Timestamp Summary
0:00 Structured Products as a Safer Way to Invest in Bitcoin
2:58 Bitcoin Options Strategy Balancing Risk and Reward
7:52 Bitcoin’s Growing Acceptance and Investment Potential
11:36 Market Makers and Wealthy Investors Seek High-Volatility Opportunities
14:36 Investing Wisely: Risks, Strategies, and Financial Advice
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Monday Mar 10, 2025
Monday Mar 10, 2025
Key Takeaways:
The Economy is a Marketplace – Imagine a giant farmers' market where people exchange goods and services. The economy works the same way, with businesses, workers, and governments all playing a part in keeping things running smoothly.
Supply and Demand Control Prices – When lots of people want something (like a new video game), but there aren’t many available, the price goes up. If there are too many of that game and not enough buyers, the price drops. This is how supply and demand work!
Work Turns Ideas Into Reality – Every invention or business started as an idea. When people take action to bring their ideas to life, they create jobs, products, and services that make the economy grow.
People, Businesses, and Governments All Play a Role – Everyone in an economy is connected. Businesses provide goods and services, people work and buy things, and governments set rules to keep things fair. When these groups work well together, the economy grows and prospers.
Technology is Changing Everything – New inventions, like smartphones and artificial intelligence, are changing the way people work. Learning to adapt to these changes is important for success in today’s world.
Chapters:
Timestamp Summary
0:01 Explaining Economies to Kids Through Anime and Commercials
3:20 Human Evolution From Basic Needs to Complex Desires
5:12 Understanding Supply and Demand in Pricing and Trading
8:48 Adapting to New Technologies and Market Demands
16:03 Understanding Money, Currency, and Bitcoin’s Role in the Economy
23:37 The Dynamics of Money Flow and Government in the Economy
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Mar 07, 2025
Friday Mar 07, 2025
Key Takeaways:
Remote Work Helps Attract Top Talent – Many skilled professionals prefer flexible work options, so companies that offer remote or hybrid setups have a better chance of hiring the best people.
Fewer New CPAs Means More Flexibility is Needed – The number of new Certified Public Accountants (CPAs) is decreasing, so businesses need to be more open to remote work to fill these important roles.
Productivity Matters More Than Location – Instead of focusing on whether employees are physically in the office, businesses should measure success by the work being done.
Work Flexibility Can Boost Happiness – Employees who have a better work-life balance often perform better and stay with a company longer, making remote work a win-win.
Leaders Must Adapt – Business leaders who balance traditional work values with new, flexible approaches will be more successful in keeping their teams engaged and productive.
Chapters:
Timestamp Summary
0:00 Embracing Remote Work to Attract Top Talent
2:31 Rebellion Against Outdated Ideas in Parenting and Workplaces
4:06 Balancing Remote Work and In-Person Collaboration
5:55 Balancing Flexibility and Accountability in the Workplace
7:55 Embracing Remote Work for Increased Productivity and Flexibility
10:14 Investment Risks and the Importance of Professional Advice
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Mar 05, 2025
Wednesday Mar 05, 2025
Key Takeaways:
What is an SWF? – It’s a financial reserve that countries use to invest in different assets, like stocks, real estate, and businesses, to grow their wealth over time.
Where Does the Money Come From? – SWFs are usually funded by selling natural resources (like oil), trade profits, government surpluses, tariffs, and sometimes even newly printed money.
How Do SWFs Invest? – They spread their investments across different areas, including stocks, bonds, real estate, private companies, and even digital assets like Bitcoin.
Why the U.S. Might Need One – Some experts believe a U.S. SWF could help strengthen industries like manufacturing, military development, infrastructure, and education while using digital currency for growth.
The Role of Money Managers – Instead of just relying on central banks, governments are now turning to expert investors to manage these funds and shape economic futures.
Chapters:
Timestamp Summary
0:00 The Rise of Sovereign Wealth Funds in America
1:52 Sovereign Wealth Funds: Modern Central Banks of Global Economy
3:00 Texas Financial Strategies and Sovereign Wealth Fund Insights
5:11 Sovereign Wealth Funds Fuel Global Investments and Urban Development
6:35 Sovereign Wealth Funds Eye Bitcoin for Inflation Resistance
8:06 The Growing Importance of Sovereign Wealth Funds Globally
10:41 The Evolution of Wealth Management and Sovereign Wealth Funds
12:01 Sovereign Wealth Funds and Bitcoin’s Role in America’s Economy
14:48 Building a Parallel Financial System Amidst Global Monetary Issues
18:40 Sovereign Wealth Funds: Shaping Economic Futures and Global Finance
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Monday Mar 03, 2025
Monday Mar 03, 2025
Key Takeaways:
Consider Bitcoin as an Investment – Allocating a small part of your retirement savings to Bitcoin could be a smart move due to its growth potential and innovation in finance.
Live Where Costs Are Lower – Moving to communities that focus on affordable housing and transportation can free up more money for travel, hobbies, and enjoying life.
Treat Your Health Like an Investment – Staying active, eating well, and managing stress can help lower future medical expenses and improve your overall quality of life.
Lower Costs = More Freedom – Reducing everyday expenses through smart living choices and investments allows for more flexibility and financial security in retirement.
Plan Ahead for a Secure Future – A successful retirement doesn’t happen by accident; it requires early planning, smart investments, and a focus on both finances and well-being.
Chapters:
Timestamp Summary
0:00 Introduction to Modern Retirement Planning
0:36 Bitcoin as a Retirement Strategy
2:20 Considering Bitcoin’s Potential Growth
2:52 Innovation in Living For Retirement
5:19 Investing in Your Health
8:44 Putting It All Together
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Feb 28, 2025
Friday Feb 28, 2025
Key Takeaways:
Technology Boosts Productivity – Businesses that use the latest technology can work faster and more efficiently, which helps them stay competitive.
Big Investment Opportunities – The S&P 500, which tracks the biggest U.S. companies, is expected to grow because of new technologies. This means there are great opportunities for investors.
Tax Benefits for Innovation – Companies that invest in research and development (R&D) can get tax breaks, making it more affordable to develop new ideas.
Experts Make a Difference – Working with professionals like accountants and financial advisors can help businesses make smart choices about adopting new technology.
Change is Necessary – Businesses that resist change risk falling behind. Embracing new technology helps companies serve customers better and stay relevant.
Chapters:
Timestamp Summary
0:00 Investing in Innovation to Stay Ahead in Business
2:34 Unlocking Value Through Remote Work, AI, and Bitcoin
4:43 Embrace Change and Reap Benefits Through Technology and Innovation
7:34 Nostalgia and Evolution of Calculating Devices
8:53 Future Shopping and the Quest for a Ten Key
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Feb 26, 2025
Wednesday Feb 26, 2025
Key Takeaways:
Inflation and Currency DevaluationInflation makes prices rise, and this can lower the value of a country’s currency. When this happens, investments tied to that currency might also lose value, creating challenges for investors.
What is Currency Hedging?Currency hedging is like locking in the value of money to protect it from future changes. While it sounds helpful, it can add extra layers of risk and complexity to your investment strategy.
The Role of Interest Rates and Central BanksCentral banks control interest rates to influence the economy. These decisions can change the value of currencies and affect the prices of investments, like stocks and real estate.
How Geopolitical Events MatterEvents like trade wars or international disputes can lead to inflation by raising production costs. These changes can squeeze profits for companies and shift investment trends.
Currency Diversification and Financial KnowledgeSpreading your investments across different currencies can reduce risks, but it’s not enough by itself. Understanding the “laws” of how money and finance work—like inflation and interest rate effects—helps you make smarter decisions.
Chapters:
Timestamp Summary
0:00 Understanding Currency, Inflation, and Central Bank Policies
5:41 Impact of Currency Fluctuations on Multinational Companies
7:56 Currency Manipulation’s Impact on Inflation and Commodity Prices
9:58 Currency Stability, Investment Risks, and Global Economic Dynamics
13:32 Impact of Tariffs on Inflation and Investment Margins
15:22 Investing in Companies That Earn Dollars and Save in Bitcoin
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Tuesday Feb 25, 2025
Tuesday Feb 25, 2025
Key Takeaways:
Currency FluctuationThe value of money, like the US dollar, changes over time. These changes can impact the prices of investments, especially when you compare them across different countries.
Currency RiskCentral banks control how much money is made. If they print too much, the currency loses value (devaluation), making it riskier for people holding that money.
Global Ripple EffectWhen big currencies like the US dollar change value, it impacts global markets. It can affect interest rates, how countries trade, and even how governments adjust their financial strategies.
Investing in Foreign CurrenciesSome investors buy foreign currencies directly, but they look at two main things: how rare (scarce) the currency is and how much it’s used (network effect). These factors can make a currency more stable or valuable.
Impact of Currency DevaluationIf a country’s currency loses value, its stock market and investment opportunities can become less attractive. This happens because people worry their returns won’t be worth as much in the future.
Chapters:
Timestamp Summary
2:06 Understanding Currency Risk and Management
4:07 Global Market Impacts from US Dollar Changes
7:01 Investing in Foreign Currencies
11:17 Currency Devaluation’s Effect on Stock Markets
13:12 Role of Exchange Rates in Emerging Markets
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Monday Feb 24, 2025
Monday Feb 24, 2025
Key Takeaways:
Markets Make Mistakes – Prices of assets like stocks, real estate, and Bitcoin can be wrong because investors rely too much on history instead of future potential.
Bitcoin’s Big Opportunity – Bitcoin has a fixed supply and operates without a central authority, making it similar to the early days of the Internet—full of potential for long-term growth.
Real Estate is Changing – With more people working remotely and new technology reshaping how businesses operate, the demand for office spaces is decreasing, which could lower real estate values.
Investors Must Think Ahead – Instead of following outdated investment trends, smart investors focus on where the market is going, not where it has been.
Winners and Losers in Market Shifts – Some assets, like Bitcoin, may be undervalued, while others, like commercial real estate, might be overvalued. Understanding these shifts can lead to better investment decisions.
Chapters:
Timestamp Summary
0:00 Mispricing in Bitcoin and Real Estate Markets
2:50 Bitcoin’s Parallels With Internet’s Evolution and Impact
5:46 Bitcoin Adoption and Its Impact on Corporate Finance
8:33 The Changing Landscape of Real Estate and Online Shopping
10:49 The Shift to Remote Work and AI’s Impact on Productivity
11:53 Real Estate Transformation and Bitcoin as Future Investments
14:55 Investment Advice and Risk Awareness in Financial Strategies
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Feb 21, 2025
Friday Feb 21, 2025
Key Takeaways:
Data Helps Make Better Decisions – Collecting information is great, but the real value comes from turning that data into useful insights that help businesses improve.
Know Your Goal First – Before diving into data, businesses need to define what they want to achieve. Having a clear goal makes it easier to find the right information.
Work with Experts – Teaming up with professionals like accountants, financial advisors, and IT specialists helps businesses understand data from different perspectives.
AI Helps, But Doesn’t Replace People – Artificial Intelligence (AI) makes it easier to process large amounts of data, but it works best when used alongside skilled professionals.
Use AI for Growth – Business owners should focus on how AI can increase productivity, making it easier for experts to do their jobs more efficiently.
Chapters:
Timestamp Summary
0:00 Harnessing Data Analytics for Business Intelligence and Success
3:24 Turning Data Into Meaningful Insights for Decision Making
4:13 Collaborative Data Management for Business Profitability and Security
7:41 Harnessing AI to Enhance Business Efficiency and Growth
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Monday Feb 17, 2025
Monday Feb 17, 2025
Key Takeaways:
A Move Toward Opportunity – African Americans moved to cities like Chicago, Detroit, and New York, where they had better chances to find good jobs and build wealth.
Overcoming Barriers – Despite facing racism, housing discrimination (redlining), and job restrictions, Black workers found ways to succeed through hard work and community support.
Key Cities for Black Economic Growth – Cities like Atlanta, Los Angeles, and Washington, D.C., became strong economic centers where Black businesses and communities thrived.
Lessons from History and the Bible – The struggles of the Great Migration are similar to biblical stories of people moving to new lands for freedom and prosperity, showing the universal fight for a better life.
Building Wealth Today – The lessons from the past still apply: education, business ownership, smart investments, and political involvement are key to continuing Black economic growth.
Chapters:
Timestamp Summary
0:00 Empowerment Through Black History and Personal Growth
1:51 Black Migration and Wealth Building in Innovation Centers
8:54 Cultural Evolution Through Religion and Spiritual Understanding
11:35 Building Black Wealth Through Education, Investment, and Advocacy
14:26 Invest Wisely: Consult Advisors Before Making Financial Decisions
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Feb 14, 2025
Friday Feb 14, 2025
Key Takeaways:
Strong IT Security Matters – Having a good system in place to watch over your technology helps keep important customer information safe from hackers.
Train Your Employees – Teach your team how to spot fake emails (phishing scams) and follow security rules to prevent accidental leaks or cyberattacks.
Use Common Sense – Be extra careful when handling data. Avoid clicking on suspicious links, and always double-check before sharing important information.
Cybersecurity Insurance Helps – Just like car or home insurance, cybersecurity insurance can help cover costs if your business suffers a cyberattack.
Look into Alternative Protections – Some businesses use things like Bitcoin to keep their money safe from changes made by big banks or governments.
Chapters:
Timestamp Summary
0:00 Navigating the Cybersecurity Minefield for Business Owners
4:03 Teaching Awareness and Safety in Evolving Neighborhoods
5:27 Common Sense Cybersecurity Practices to Protect Data
9:07 Bitcoin as a Secure Alternative to Central Banks
10:17 Investing in Cybersecurity and Insurance for Business Protection
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Feb 12, 2025
Wednesday Feb 12, 2025
Key Takeaways:
The Long GameWealthy families know that building wealth takes time. Instead of chasing quick profits, they focus on long-term goals that grow their money steadily and securely over years, even decades.
Power of CompoundingCompounding is like a snowball rolling downhill—it gets bigger as it grows. Wealthy investors reinvest their earnings so that their money earns more money over time, creating a cycle of growth.
Strategic Debt UsageInstead of selling valuable assets for cash, wealthy people often use loans (debt). This allows them to keep growing their investments while accessing money when needed, often saving on taxes too.
Focus on Scarce AssetsWealthy investors prioritize rare and valuable assets like real estate and Bitcoin. These investments resist inflation, meaning they hold or even increase their value as time passes.
Tax EfficiencyBy holding onto investments for a long time, wealthy families pay less in taxes. This keeps more money working for them and helps their wealth grow faster over time.
Chapters:
Timestamp Summary
0:00 Introduction to Long-Term Investing
0:25 Brought to You by Stonehill Wealth Management
0:58 The Forever Approach to Investing
1:34 Compounding and Tax Efficiency
2:38 Focus on Quality
3:15 Strategic Use of Debt
4:46 Scarcity Advantage and Conclusion
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Feb 07, 2025
Friday Feb 07, 2025
Key Takeaways:
Time Value of Money: Understanding this concept helps make smarter investment choices in personal and business finances.
Holistic Investment Evaluation: Combine numbers with factors like team readiness and customer impact for better decision-making.
Review Financial Statements: Regular analysis supports seizing opportunities, such as adopting AI, and improves decisions.
Practice Patience: Focus on long-term financial gains rather than quick profits to stand out as an investor.
Organized Financials Matter: Clear records enable accurate investment evaluations and effective growth planning.
Chapters:
Timestamp Summary
0:00 Exploring the Time Value of Money in Wealth Building
1:27 The Art of Patience in AI Investment Decisions
4:21 Leveraging AI and Time Value of Money in Business
7:22 The Importance of Reviewing Financials Monthly for Investment Decisions
7:57 Business Insights and Financial Strategies for Entrepreneurs
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Feb 05, 2025
Wednesday Feb 05, 2025
Key Takeaways:
How Debt Drives the SystemImagine a game where you always have to borrow more to keep playing. That’s how debt works in financial systems today. It forces economies to grow nonstop, which can make things shaky and risky.
Why Wealthy People Think DifferentlyWealthy people know how to find rare and valuable things, like gold or property, and use loans (debt) wisely to grow their money. They’re like skilled players in a game, knowing the right moves to win big.
The Power of BitcoinBitcoin is like a super-rare digital treasure. Unlike regular money that governments can make more of, there’s a fixed amount of Bitcoin. This makes it valuable and a good way to measure money fairly.
Pricing in BitcoinWhen prices are set in something scarce like Bitcoin, it’s easier to see how much something is truly worth. Regular money loses value over time, but Bitcoin doesn’t work like that.
Rules of Wealth BuildingWealthy people understand three key ideas: scarcity, leverage, and decentralization. Scarce items are valuable because they’re hard to get. Leverage helps you grow wealth faster by using resources like debt. Decentralization, like what Bitcoin offers, spreads control and makes systems fairer and more reliable.
Chapters:
Timestamp Summary
0:30 The Complexity of Finance Systems
1:14 Wealth Strategy and Scarcity
2:22 Strategic Debt and Decentralization
3:01 The Digital Economy and Bitcoin
3:44 Pricing in Bitcoin for Value Clarity
6:02 How to Price the World in Bitcoin
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Jan 31, 2025
Friday Jan 31, 2025
Key Takeaways:
Debt Financing: Borrowing allows businesses to retain control but comes with the responsibility of repaying loans with interest.
Equity Financing: Selling ownership stakes brings in funds but can impact decision-making and profit sharing.
Inflation’s Impact on Cash: Cash loses value over time due to inflation, which must be considered in financial planning.
Proactive Financing: Secure funding under favorable conditions instead of waiting for urgent needs.
Financial Analysis Matters: Regularly review finances to decide the best time and method for raising funds.
Chapters:
Timestamp Summary
0:00 Introduction and Cost of Capital Overview
0:26 Tax Time and Business Growth Discussion
0:51 Understanding Debt in Business
2:06 Debt Examples and Considerations
2:40 Advantages of Debt Over Equity
4:09 The Cost of Cash and Inflation
4:47 Exploring Equity and Partnership Considerations
7:01 Insights on Funding and Patience
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Jan 29, 2025
Wednesday Jan 29, 2025
Key Takeaways:
Real Estate Evolution: Real estate transitioned from basic shelter to a key financial asset, reflecting post-WWII economic changes.
Inflation's Role: As cash lost value, real estate became a popular store of wealth, fueling a surge in mortgage lending.
Scarcity in Credit Markets: Credit markets prefer scarce assets like real estate, precious metals, and now digital assets like Bitcoin.
Debt Risks: Overreliance on debt in asset pricing can create instability, similar to a fragile Jenga tower.
Bitcoin's Impact: Bitcoin introduces a decentralized, scarce store of value, reshaping credit markets and financial planning.
Chapters:
Timestamp Summary
0:00 Introduction and Sponsor
0:38 Post-War Economic Boom and Real Estate
1:10 Inflation and Real Estate as a Store of Value
2:22 Rise of Mortgage Lending
3:26 Jenga Tower of Debt
4:34 Scarcity and Credit Markets
5:50 Bitcoin as Digital Collateral
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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Jan 24, 2025
Friday Jan 24, 2025
Key Takeaways:
Master Your Income Statement: Regularly review it to ensure your business earns more revenue than it spends.
Understand Your Balance Sheet: It’s a vital snapshot of your assets, liabilities, and equity, helping you evaluate financial health.
Monitor Cash Flow: A positive cash flow statement signals strong financial management and liquidity.
Combine Reports for Clarity: Analyze the income statement, balance sheet, and cash flow together for a complete financial picture.
Strategic Investments: Use insights from your balance sheet and cash flow to make decisions that boost shareholder value.
Chapters:
Timestamp Summary
0:00 Understanding Financial Statements to Boost Business Value
1:30 Understanding Income Statements for Financial Health
2:51 Rethinking Balance Sheets for Business Growth
4:38 Balancing Assets, Liabilities, and Equity for Business Growth
6:11 Understanding Financial Statements for Better Business Management
8:08 Leveraging Real Estate for Business Financing and Cash Flow
9:35 Understanding Balance Sheets, Cash Flow, and Investment Strategies
11:13 Understanding Financials to Enhance Business Profitability and Growth
12:38 Investment Risks and the Importance of Professional Advice
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Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Jan 22, 2025
Wednesday Jan 22, 2025
Key Takeaways:
Create a Strong Plan: A solid investment plan helps prevent emotional reactions during market downturns.
Emotional Alignment: Sync your emotions with your strategy to better handle market ups and downs for long-term success.
Practice Mindfulness: Tools like meditation and journaling support emotional balance while managing investments.
Prioritize Risk Management: Stay diversified and avoid greed to maintain stability in your portfolio.
Emotional Intelligence Matters: Being emotionally aware is as important as being intellectually sharp in making smart investment choices.
Chapters:
Timestamp Summary
0:00 Managing Emotions and Strategies in Market Investing
6:37 Balancing Emotions and Strategy in Investment Decisions
12:58 Emotional Intelligence in Investing and Market Adaptation
15:47 Managing Portfolio Anxiety and Emotional Intelligence
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Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Jan 17, 2025
Friday Jan 17, 2025
Key Takeaways:
Importance of Corporate Finance: Managing financial activities well is essential for businesses to meet their goals, regardless of size.
Think Like Investors: Entrepreneurs should balance financial discipline with the pursuit of strong returns, adopting an investor’s mindset.
Expense Reviews Matter: Regularly assessing expenses ensures money is being directed toward meaningful business objectives.
Key Finance Areas: Focus on working capital, capital structure, and budgeting to maintain a sound financial strategy.
What’s Next: Future episodes will explore these topics further, offering insights to optimize financial planning and strategies.
Chapters:
Timestamp Summary
0:00 Understanding Corporate Finance for Small Business Success
2:36 Balancing Investor, Manager, and Employee Roles in Business
4:00 Maximizing Business Investments Through Regular Expense Evaluation
6:56 Key Strategies for Corporate Finance Success
10:05 Unlocking Business Potential Through Capital Market Innovation
11:22 Blockchain’s Future Impact and Financial Advisory Insights
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Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Wednesday Jan 15, 2025
Wednesday Jan 15, 2025
Key Takeaways:
Inflation Lowers Your Savings' Value – Over time, the money you save in regular bank accounts or dollar-based investments loses buying power. This means your retirement savings might not go as far in the future.
Scarce Assets Hold Value – Things that are rare, like Bitcoin, art, or property, tend to keep or grow in value because they can’t be easily duplicated. Investing in these can help protect your money.
Bitcoin’s Limited Supply – There will only ever be a certain amount of Bitcoin, unlike regular money that governments can keep printing. This makes Bitcoin a strong alternative to traditional savings.
Digital Assets Strengthen Retirement Plans – Adding digital assets like Bitcoin to your retirement account (like an IRA) can help protect against inflation and give your savings a boost over time.
Turn Savings into Wealth – By including Bitcoin in your retirement portfolio, your money doesn’t just sit – it has the potential to grow significantly. This transforms your retirement plan from simple savings into a tool for building wealth.
Chapters:
Timestamp Summary
0:00 Introduction to Retirement Savings and Inflation
0:39 Hidden Cost of Money Printing
1:11 Understanding Inflation and Traditional IRAs
2:23 Wealth Strategies and Scarce Assets
2:59 Bitcoin as a Scarce Asset in Cyberspace
4:10 Bitcoin’s Scarcity and Its Value
6:32 Adding Bitcoin to Retirement Portfolio
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Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Monday Jan 13, 2025
Monday Jan 13, 2025
Key Takeaways:
Wealth Preservation: The super-rich focus on shielding their wealth from taxes and inflation by choosing assets wisely.
Bitcoin's Role: Bitcoin is considered a groundbreaking tool to protect wealth from poor government financial policies.
Currency Strategies: Shorting weaker currencies can help acquire stronger ones, creating opportunities for wealth building.
Economic Awareness: Understanding currency values and economic trends is vital for smart investments.
Digital Investments: Investing in digital currencies like Bitcoin aligns with strategies for long-term stability and growth.
Chapters:
Timestamp Summary
0:00 Protecting Wealth from Taxes and Inflation with Bitcoin
2:59 Bitcoin and Dollar Dynamics in Global Financial Markets
5:02 Understanding Currency Shorting and Betting on Stronger Currencies
7:13 Profiting from Bitcoin by Borrowing and Betting Against the Dollar
9:37 Betting on Asset Values to Protect Wealth from Inflation
11:47 Investment Advice and Risk Awareness for Financial Growth
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Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
Friday Jan 10, 2025
Friday Jan 10, 2025
Key Takeaways:
Balance Daily Operations with Big Investments – While running your business, don’t forget to invest in growth. Spending money wisely on new tools, products, or services can pay off in the future.
Think Differently to Win – Companies like Amazon and Apple took big risks that others didn’t. Sometimes investing in new ideas, even when others doubt them, can lead to big rewards.
Use Technology to Improve Service – In fields like accounting, technology can make work faster and easier. This improves customer service and helps businesses run more smoothly.
Plan for the Future – Companies like Meta and AT&T became leaders by thinking long-term. Building a vision and sticking with it can help you stand out from competitors.
Know Your Customers’ Tech Skills – Some customers are comfortable with new technology, while others prefer traditional methods. Understanding this helps you provide better service to everyone.
Chapters:
Timestamp Summary
0:00 Balancing Business Operations and Strategic Investment
2:46 Investing in Technology and Productivity to Delight Customers
3:24 The Long-Term Advantage of Strategic Investment by Tech Giants
4:31 Investing in Technology for Enhanced Client Experience in CPA Industry
5:50 Embracing Technology in Financial Services for Better Client Experience
7:29 Meta’s Cable Investment for Long-Term Competitive Advantage
8:49 Reflecting on a Successful Year and Welcoming 2025
Powered by ReiffMartin CPA and Stone Hill Wealth Management
Social Media Handles
Follow Phillip Washington, Jr. on Instagram (@askphillip)
Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/
Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!
WBMS Premium Subscription
Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.