Wealthy Wellthy Podcast

Rob Cook isn’t your average tax guy. Yes, he’s a CPA and CFP®, but more than that — he’s a strategist who knows that taxes are your #1 expense and the most overlooked wealth-building lever. In this episode, we dive deep into the power of proactive planning, why tax prep is not the same as tax strategy, and how even savvy entrepreneurs leave money on the table.

Rob shares the mindset shifts, frameworks, and real-life examples that help his clients keep more, grow faster, and live freer. We also talk about the emotional side of money, the myths around real estate and write-offs, and why choosing the right advisor is one of the most important money decisions you’ll ever make.

Key Takeaways:

Tax planning is not tax preparation. Strategy starts long before April.
Your CPA must work with your financial team. Silence between advisors leads to lost money.
If you’re only a W-2 earner, you’re paying max tax. The IRS rewards investors and business owners.
Wealth = What You Keep. Taxes are often the single biggest leak in your wealth bucket.
High-net-worth clients don’t DIY. Rob’s most successful clients build a team of experts.

Memorable Quotes:

“Most people think tax strategy is just saving receipts. It’s not.” — Rob Cook
“You shouldn’t be doing this alone. The wealthy never do.” — Krisstina Wise
“You can’t invest what you give away to the IRS.” — Krisstina Wise
“There’s a reason the wealthy use entities, trusts, and structures — it’s to legally keep more of their money.” — Rob Cook
“The goal isn’t to pay zero in taxes. It’s to pay your minimum legal obligation.” — Rob Cook

Time Stamps:

00:00 — Intro to Rob Cook

03:45 — What most people get wrong about taxes

09:22 — Why W-2 income gets taxed the hardest

14:10 — The power of proactive planning

20:30 — What tax strategy actually looks like

27:40 — How the wealthy build teams to protect wealth

35:15 — Rob’s personal philosophies on money and success

43:00 — Final thoughts and resources

Myth Busted:

Most people believe that tax strategy only matters in April — that once you hand everything off to your CPA, your job is done. Rob Cook challenges this myth head-on.

As a CPA and wealth strategist, Rob reveals that by the time tax season arrives, it's already too late to make meaningful changes. The biggest tax-saving opportunities happen months — sometimes years — before returns are filed. From choosing the right entity structure to aligning with wealth-building goals, strategic tax planning is a year-round process.

Rob explains, “Tax prep is compliance. It’s looking backward. But tax strategy is proactive — it’s designing your life and income in a way that minimizes taxes and maximizes wealth.” Most W-2 earners, he notes, are unknowingly paying the highest effective tax rates simply because they never learned how to play the game.

His approach shifts the entire conversation: taxes aren’t a once-a-year burden — they’re a lifelong wealth lever. With the right knowledge and team, anyone can structure their income to keep more of what they earn, legally and confidently.

Resources Mentioned:

Claim Your Complimentary Tax Strategy Session

Schedule your free 45-minute consultation with Rob Cook, CPA, CFP®. This is your chance to ask questions, get expert insights, and uncover tax strategies you might be missing.
👉 Click here to book your complimentary tax consult with Rob: https://forms.gle/DB19Cv8jLzeYDG44A

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Instagram: https://www.instagram.com/krisstinawise

LinkedIn: https://www.linkedin.com/in/krisstinawise/

Youtube: https://www.youtube.com/channel/UC7Q2UuhhY3QZ4XwRhL463fA

#336: From Handouts to High-Net Worth: How Krisstina Wise Achieved Financial Freedom

Tue, 29 Jul 2025 03:00:00 -0400

Are you a business owner trapped in a high-income rat race, yearning for true financial freedom and a life of purpose?

In this episode of the Money Ripples podcast, Chris Miles welcomes Krisstina Wise, host of the Wealthy Wellthy podcast and expert in helping business owners transform their profits into passive income. Krisstina shares her journey from poverty to financial success, and the hard-learned lessons that shaped her holistic approach to wealth.

Krisstina reveals how she achieved financial independence through real estate investing, emphasizing the importance of building assets that generate passive income. She explains why passive income isn't truly "passive," but rather a form of non-working income that requires smart stewardship.

The conversation delves into the critical balance between financial success and overall well-being. Krisstina recounts her personal health crisis, highlighting the dangers of hustle culture and the need to prioritize physical, mental, and emotional health alongside financial goals.

Ready to break free from the entrepreneurial rat race and create lasting wealth that supports a truly rich life? Listen now to gain invaluable insights from Krisstina Wise on achieving financial freedom while maintaining balance and well-being.

Key Takeaways

3:14 Growing up poor and motivation for money

5:18 Divorce and financial struggles as a single mom

7:20 Awakening to the real money game

8:43 Transition from selling to buying real estate

11:20 Working income vs non-working income

14:35 Health crisis from overworking and hustle culture

19:10 Health as the number one financial asset

Memorable Quotes

"Passive income comes from assets. We have to have this journey of building assets and creating net worth through asset accumulation to have any chance of passive income."

"I manage all my real estate, but I've got it down to a science now. It's passive relative to my working income because I make 3x the money from my passive income than I do from my working income, yet it takes one-tenth of the time."

"In financial terms, my body's my number one asset. I treated my body terribly - I didn't sleep, I ate poorly. It came at a great cost."

Resources Mentioned

Money Ripples - https://moneyripples.com/

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#335: Better Than Rich with Mike Abramowitz

Fri, 18 Jul 2025 03:00:00 -0400

Are you struggling to grow your business while maintaining a healthy work-life balance? Discover how to achieve both financial success and personal freedom with expert insights from Mike Abramowitz.

Mike Abramowitz, a business coach and co-founder of Better Than Rich, shares his journey from selling Cutco knives to helping hundreds of business owners streamline their operations and reclaim their time. With a background in direct sales and a passion for personal growth, Mike offers valuable lessons on building systems, maximizing referrals, and achieving what he calls "3x freedom" - time, money, and location.

In this episode, Mike delves into the mindset shifts and practical strategies that can transform a struggling business into a thriving enterprise. He emphasizes the importance of delegation, leveraging technology, and focusing on high-value activities to scale your business without sacrificing your personal life.

Additionally, Mike discusses the power of referrals, the common pitfalls of home service businesses, and the true meaning of being "rich" beyond just financial wealth. His insights on emotional clarity and presence provide a holistic approach to success that goes beyond traditional business metrics.

If you're ready to take your business to the next level while reclaiming your time and freedom, don't miss this enlightening conversation with Mike Abramowitz on the Wealthy Wellthy podcast.

Key Takeaways

5:43 Reframing sales as influence and skill

13:46 The mindset difference in successful salespeople

19:59 Mike's background as youngest of eight

25:43 Money journey from debt to accredited investor

33:20 Working hard on the right things

40:26 Common problems for home service businesses

46:37 Defining "better than rich" as 3x freedom

Memorable Quotes

"All sales means is influence. And people might say, what's the difference between influence and manipulation? It's intent. Manipulation is for my own self interest. Influence is for the other person's self interest."

"My mess is my message. And that really stuck with me big time. I was like, what can I do to turn this valley and this pain of my twenties and turn it into some sort of gift?"

"We need to work hard, but we need to make sure that we're working hard at the right things. That's essentially what Andrew helped me with - what are the things that somebody else can do?"

Resources Mentioned

How to Win Friends and Influence People by Dale Carnegie - https://www.amazon.com/How-Win-Friends-Influence-People/dp/0671027034

The 7 Habits of Highly Effective People by Stephen Covey - https://www.amazon.com/Habits-Highly-Effective-People-Powerful/dp/0743269519

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#334: STOP Maxing Your 401K...IF You Want to Retire with Krisstina Wise

Wed, 25 Jun 2025 03:00:00 -0400

Are you blindly trusting your 401k to secure your financial future? You might be making a costly mistake.

In this eye-opening episode of Wealthy Wellthy podcast, we dive deep into her wealth of experience in personal finance and investing, and offers a fresh perspective on building long-term wealth beyond traditional corporate retirement accounts.

The main focus of this episode is debunking the myth that maxing out your 401k is the best path to a comfortable retirement. Krisstina explains why "matching, not maxing" your 401k contributions and diversifying your investments can lead to greater financial freedom. Krisstina emphasizes the importance of having control over your money and being an active, knowledgeable investor to maximize returns.

Throughout the conversation, we dive into topics such as the limitations of government-controlled retirement accounts, the benefits of real estate investing, and the crucial difference between financial security and financial freedom. They also touch on the value of financial literacy and the need to calculate your specific retirement needs.

Ready to take control of your financial future and explore investment strategies beyond your 401k? Listen to this episode of Wealthy Wellthy for actionable insights that could transform your approach to retirement planning and wealth building.

Key Takeaways

5:05 History of pensions and retirement plans

10:52 Limitations and drawbacks of 401k plans

16:46 Risks of relying solely on 401ks

22:17 Match don't max: 401k investment strategy

28:42 Options for investing outside 401ks

34:24 Comparing different investment vehicles

40:48 Strategies for building wealth long-term

Memorable Quotes

"Retirement plans are based on a history that's not applicable today. We want to live to 100, maybe more. But these plans are not set up to live to 100, which means if we just rely on traditional retirement plans, it's very likely that we'll run out of money."

"Match, don't max because you just want to take advantage of what the company is matching. But we don't want to max out everything that we can put into these types of programs."

"To really build wealth and to build it powerfully, you might say, 'Hey, there's my neighbor. The estate wants to dump this property really fast. I can get a great deal on this house.' But wait, I can't touch that retirement income to take advantage of this opportunity."

Resources Mentioned

Vanguard (for index funds) - https://investor.vanguard.com/

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#333: Overcoming Bankruptcy: How Faith Fuels Financial Freedom with Dr. Darnyelle J. Harmon

Tue, 10 Jun 2025 03:00:00 -0400

Are you struggling to break free from your past and achieve financial success? Dr. Darnyelle J. Harmon's journey from the projects to becoming a multi-millionaire will inspire you to rewrite your own story.

In this episode of Wealthy Wellthy podcast, Krisstina Wise sits down with Dr. Darnyelle J. Harmon, CEO of Incredible One Enterprises and creator of the Move to Millions method. Dr. Harmon shares her powerful story of overcoming adversity, from being born to drug-addicted parents to becoming a successful entrepreneur and wealth-building expert.

The main focus of this conversation is on the importance of mindset in achieving financial success. Dr. Harmon emphasizes that true wealth comes from aligning your subconscious beliefs with your conscious goals, and she provides insights on how to challenge limiting beliefs and break negative patterns.

Throughout the episode, Krisstina and Dr. Harmon discuss topics such as the role of faith in business, the power of goal-setting, and the importance of investing in personal development. They also touch on the challenges of entrepreneurship and how to maintain confidence in the face of criticism.

If you're ready to transform your relationship with money and unlock your potential for wealth, this episode is a must-listen. Tune in to hear Dr. Darnyelle J. Harmon's inspiring story and gain valuable insights on how to move to millions.

Key Takeaways

5:05 From bankruptcy to millionaire in one year

10:39 The importance of mindset in achieving success

16:35 Mary Kay journey and earning the pink Cadillac

22:12 Keys to rapid success in Mary Kay

30:38 Alignment and embodiment over effort for success

35:06 Challenging beliefs and breaking limiting patterns

39:25 Dealing with criticism and maintaining confidence

Memorable Quotes

"Until you work on the six inches in between your ears, you will not feel seven figures between your fingers."

"All success, including success financially, is realized through alignment. It is not realized through effort."

"Greatness is attacked, it's harassed, it's misunderstood and it is often the source of antagonistic behavior."

Resources Mentioned

Mary Kay Cosmetics - https://www.marykay.com/

Move to Millions Gifts - https://movetomillionsgifts.com

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#332: Money Trauma: How Your Childhood Beliefs Are Sabotaging Your Wealth with Krisstina Wise

Tue, 03 Jun 2025 03:00:00 -0400

Are you struggling to build wealth despite earning a good income?

In this episode of Wealthy Wellthy podcast, we dive deep into the often misunderstood world of money mindset and financial literacy. We explore the three-legged stool of money: mindset, relationship, and literacy. I share my personal journey from financial struggles to building wealth, and how these experiences shaped my approach to money

The main focus of this episode is debunking common money myths and introducing the three-legged stool of money: mindset, relationship, and literacy. Krisstina emphasizes that financial freedom isn't just about earning more, but about understanding and managing money effectively.

Additional topics covered include overcoming money trauma, the importance of couple alignment in finances, and practical strategies for building generational wealth. Krisstina also discusses the balance between health, relationships, and money in creating a fulfilling life.

Ready to transform your relationship with money and achieve true financial freedom? Listen to this episode for actionable insights and a fresh perspective on wealth-building that goes beyond just making more money.

WW Live Event Website - https://krisstina.com/live

Key Takeaways

5:55 Three pillars of the money stool explained

18:25 Freedom is the ultimate goal, not money

25:55 Three master categories of money: earn, spend, invest

41:35 Balancing family, business, and wealth building

50:20 Money journey has ups and downs, not linear

Memorable Quotes

"More money doesn't solve the problems. More money can even create more problems. But more money, when we're good stewards and we understand it, actually makes life easier."

"Money is a journey and it's a lifelong journey. When we get real clear that we don't want to be in these situations, the balancing came from gaining more time over our life the more assets that we have."

"Money is to underwrite a good life. When we're in control of our money, when we're in harmony with our money, then we don't have to sacrifice our health for wealth."

Resources Mentioned

The Psychology of Money by Morgan Housel - https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681

The Greatest Salesman in the World by Og Mandino - https://www.amazon.com/Greatest-Salesman-World-Og-Mandino/dp/055327757X

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#331: The Four Forces Destroying Family Legacy: Scott Donnell's Insights

Fri, 30 May 2025 03:00:00 -0400

Are you struggling to raise financially savvy kids in a world of instant gratification and digital distractions?

Scott Donnell, a renowned expert in family legacy and financial literacy, joins the Wealthy Wellthy podcast to share his insights on combating the four major forces threatening modern families. As the founder of Fig and Eagle, Scott has helped millions of families build stronger connections and instill crucial life skills in their children.

In this eye-opening episode, Scott reveals the strategies used by the world's most successful families to create lasting legacies. He discusses the importance of delayed gratification, building courage in children, and fostering a healthy relationship with money. Scott also emphasizes the critical role of storytelling in passing down family values and creating a strong sense of identity.

Listeners will gain practical advice on implementing family meetings, teaching money skills, and navigating the challenges of parenting in the age of AI. Scott also touches on the concept of "heritage, not inheritance" and explains why it's never too late to start building a strong family legacy.

Ready to transform your family's relationship with money and create a lasting legacy? Tune in to this episode of Wealthy Wellthy podcast with Krisstina Wise and discover the secrets to raising resilient, financially savvy children in today's rapidly changing world.

Key Takeaways

6:41 The importance of family legacy

18:46 Dopamine distortion and screen addiction

26:36 Instant gratification and its effects

46:21 AI revolution and information overload

1:04:33 Doing more with kids, not for them

Memorable Quotes

"Delay gratification is one of the greatest things you could ever have for a strong marriage, a strong family, and lasting relationships."

"Money is the trauma that you actually wake up and work for the rest of your life. Every other trauma you're trying to heal from or forget, but you gotta wake up and make money."

"Money's not good, it's not bad. Money's a tool. It's a store of value. So the more value you can create and solve problems, the more you earn usually."

Resources Mentioned

WW Live Event Website - https://krisstina.com/live

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#330: Real Estate Investing Women - The 5 Money Mindset Shifts to Wealth with Krisstina Wise

Tue, 20 May 2025 03:00:00 -0400

Are you struggling to build wealth despite a high income? Discover why your relationship with money might be holding you back.

In this episode of Wealthy Wellthy podcast, host Laura Alamery and Liz Klingseisen welcomes Krisstina Wise, a successful real estate investor and money expert, shared her journey from financial struggles to mastering wealth creation.

The main focus of this episode is understanding the crucial difference between income and wealth. Krisstina explained how high earners can still find themselves trapped in a month-to-month financial cycle, and reveals the mindset shifts necessary to build true wealth.

Throughout the conversation, Krisstina delve into her five categories for mastering money, including developing a positive money mindset and cultivating a healthy relationship with finances. She also touches on the importance of financial literacy and how it relates to successful real estate investing.

Ready to transform your financial future? Listen now to gain invaluable insights on breaking free from limiting money beliefs and learn how to leverage real estate investing to create lasting wealth.

Key Takeaways

5:50 From high income to financial despair

11:07 The journey from duplex to portfolio

15:25 Five categories for mastering money

24:31 Overcoming limiting beliefs about money

31:00 Financial IQ quiz to assess literacy

Memorable Quotes

"I learned that there's something different between income and wealth. People in the income game are in the month-to-month game regardless of how much they're making. Wealth is through assets and building a portfolio and a balance sheet."

"Real estate investing is one option. The idea is to ask ourselves: Do I want to master money? Do I want to understand it? Do I want to grow with it?"

"Most people have a dysfunctional relationship with money. If we want to be in the wealth game and build financial independence, we need a positive money mindset and a relationship where we enjoy spending time with it."

Resources Mentioned

Real Estate Investing Women Podcast - https://realestateinvestingwomen.com/

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#329: From Exit to Enlightenment: A Founder's Journey with Zvi Band

Mon, 12 May 2025 03:00:00 -0400

Ever wonder how to turn your network into your net worth? I've discovered the secret to building lasting relationships that can transform your business and life.

In this episode of Wealthy Wellthy, Krisstina welcomes Zvi Band, a successful entrepreneur and founder of Contactually, a CRM company that had a multi-million dollar exit. Zvi shares his journey from software engineer to relationship-building expert, offering invaluable insights on networking in the digital age.

The main focus of this conversation is the power of authentic relationships in business and personal success. Zvi emphasizes the importance of moving beyond transactional interactions to build genuine, long-lasting connections that can yield dividends for decades.

Additionally, Zvi discusses his experience with selling his company, the unexpected challenges of a successful exit, and his new venture, Relatable. He also touches on the mindset shifts necessary for entrepreneurs to find fulfillment beyond financial success.

If you're looking to elevate your networking game and build a network that truly impacts your net worth, this episode is a must-listen. Tune in to discover how to create meaningful relationships that can transform your business and life.

Key Takeaways

5:44 Relationships matter more in digital age

16:37 From Contactually exit to new venture

27:17 Shifting from unicorn dreams to meaningful work

34:33 Setting personal goalposts, not society's

42:04 Building long-term relationships for success

Memorable Quotes

"Deep down we are still human beings and human beings rely on social connection and social trust in pretty much every aspect. And so therefore relationships, I do believe is one of the most important currencies that we have in the face of everything else."

"We were just so focused on growing the business that we never really paid attention to exiting the business."

"I think your next venture has the opportunity to be even closer and closer to what who you truly are."

Resources Mentioned

The Psychology of Money by Morgan Housel - https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#328: The Visibly Fit Podcast - Your Health is Your True Wealth with Krisstina Wise

Tue, 06 May 2025 03:00:00 -0400

Are you struggling to balance your financial success with your physical well-being? I've been there, and I know how challenging it can be.

In this episode of Wealthy Wellthy, we shared the journey from financial success to a health crisis and back again. As a real estate mogul, millionaire coach, and creator of multimillion-dollar businesses, Krisstina reveals how she discovered the crucial link between health and wealth after nearly losing her life in 2013.

We delves into the importance of self-love and prioritizing health as the foundation for true wealth. She explains how our childhood experiences shape our relationship with money and offers insights on overcoming financial fears and misconceptions.

The conversation also touches on the need for financial awareness, the value of understanding your "enough" number, and the importance of maintaining healthy habits in both finance and wellness. Krisstina shares her Wise Money Method quiz, designed to help listeners assess their financial IQ and take steps towards financial wellness.

Ready to transform your approach to health and wealth? Listen now to gain valuable insights from someone who's mastered both worlds and learn how you can achieve true balance in your life.

Key Takeaways

2:49 Deathbed discovery: Awareness and balance

5:04 Chasing external rewards vs internal gratification

10:32 Health and wealth are interconnected

16:36 Prioritizing self-care and body appreciation

24:10 Financial IQ quiz reveals low average scores

26:30 Determining "how much money is enough"

Memorable Quotes

"I realized full on right there that I was chasing the wrong things. I was chasing external reward versus internal gratification, satisfaction and joy and happiness."

"Health and wealth are like the same thing. They actually share the same lineage of narrative - when you say health is wealth, that was the beginning. Health really was wealth."

"When we can learn to love ourselves and love and appreciate our bodies, knowing how important our health is, it starts there."

Resources Mentioned

Wise Money Method Quiz - https://wisemoneymethod.com/quiz/

Falling for Money: How to Have a Lifetime Love Affair with your Finances - https://www.amazon.com/Falling-Money-Lifetime-Affair-Finances/dp/0692560904

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#327: Vanessa Horn - From Poverty to Prosperity: Sales Success Story

Fri, 02 May 2025 03:00:00 -0400

Are you struggling to build a successful business while maintaining your health and well-being? Discover how to achieve both financial abundance and personal fulfillment with expert insights from a seasoned entrepreneur.

In this episode of the Wealthy Wellthy podcast, Krisstina Wise interviews Vanessa Horn, a successful business owner, sales expert, and advocate for women's financial empowerment. Vanessa shares her journey from growing up in poverty to building a seven-figure business while prioritizing her health and well-being.

The main focus of the conversation is on the importance of developing sales skills as a pathway to financial success and personal growth. Vanessa emphasizes that sales is not about being pushy or manipulative, but rather about serving others and solving problems. She introduces her CLASSY framework for effective selling and explains how mastering this skill can lead to greater financial freedom and opportunities.

Throughout the episode, Vanessa and Krisstina discuss various topics, including overcoming limiting beliefs about money, the importance of work-life balance, and strategies for sustainable business growth. They also touch on the value of investing in oneself through education and mentorship to achieve long-term financial success.

Ready to transform your approach to business, sales, and personal well-being? Listen to this episode for actionable insights and inspiration from Vanessa Horn's remarkable journey to success.

Key Takeaways

2:42 Vanessa's unusual upbringing and poverty

8:59 Achievement as a driver and health challenges

15:53 Rebuilding after health crash and mindset shift

22:25 The importance of sales skills in business

29:40 Framework for effective sales conversations

38:07 Sales as an empowering and highly paid skill

46:38 Handling objections and qualifying prospects

56:17 Money mindset and projections about wealth

Memorable Quotes

"Sales is finding somebody that has a problem and marketing is saying, 'Hey, is this you? We can help.' Then sales is basically saying, 'Here's how we can help. Here's your challenges. Here's what you need help with. Here's how we can help.'"

"I'm much more in tune if I can feel myself getting drained. You have to pay attention to where those energy leaks might be and pay attention to that. A lot of times for women it might be a boundary issue."

"Money is a game. I kind of see it as, pick your favorite board game. Money is the same way. So many times we tell ourselves we're not good at money, or I can't get good at money."

Resources Mentioned

Think and Grow Rich by Napoleon Hill - https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#326: The Power of the Ask-Savvy Ladies - Balancing Health & Success with Krisstina Wise

Thu, 24 Apr 2025 03:00:00 -0400

Are you struggling to find balance between your financial success and personal well-being?

In this episode, I opened up about my journey from humble beginnings in a trailer home to becoming a real estate mogul and financial educator. Growing up in a challenging environment with alcoholic parents instilled in me a fierce determination to change my circumstances, which ultimately fueled my entrepreneurial spirit.

During our discussion, I emphasized the importance of redefining success and the dangers of constantly chasing external validation. I shared how a life-threatening health crisis in 2013 became a wake-up call, prompting me to radically change my approach to business and life. This experience led to the creation of my brand, Wealthy Wellthy, which focuses on empowering women to achieve both financial success and overall well-being.

Lisa, Precious, and I explored the crucial balance between health and wealth, with me stressing that our bodies are our number one asset. I shared practical advice on how to invest in ourselves, both financially and in terms of wellness, to create a truly fulfilling life.

We also delved into the concept of "enough" in terms of financial goals, and I provided a simple formula to help determine financial security. I emphasized the importance of routine, accountability, and self-investment in maintaining a healthy work-life balance.

If you've ever wondered how to break free from the cycle of constant striving, redefine your relationship with money, or achieve true balance between financial success and personal well-being, then this episode is for you.

Key Takeaways

5:39 Childhood struggles and entrepreneurial beginnings

11:48 Aligning health and wealth after crisis

15:28 Teaching women financial power and self-worth

19:50 Overcoming challenges as an entrepreneur

24:18 Redefining financial prosperity and contentment

30:43 Top tools for balancing health and wealth

Memorable Quotes

"I want a certain quality of life and desire that life and I know how much that is. I'm going to invest in myself to make sure that happens."

"Money's not something to chase. Success isn't something that's going to make you happy. It's not going to fulfill you. But to chase life and to really live and enjoy living and build relationships and start with heart."

"My body's my number one asset. If I don't take care of my body, everything else breaks apart."

Resources Mentioned

Savvy Ladies - https://www.savvyladies.org/

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#325: Dave Wolcott - The 6 Rules of Wealth: A Millionaire’s Guide to Financial Success

Wed, 16 Apr 2025 03:00:00 -0400

X - Pantheon Investments (@Pantheon_Invest) / X

Are you tired of feeling trapped in the rat race, constantly chasing more money without ever achieving true financial freedom?

In this episode of Wealthy Wellthy, Krisstina Wise sits down with Dave Wolcott, author of "The Holistic Wealth Strategy" and expert in creating legacy wealth. Dave shares his journey from corporate America to becoming a successful investor and entrepreneur, driven by the desire to provide financial security for his growing family.

The main focus of the conversation is on shifting from traditional financial advice to a more holistic approach to wealth creation. Dave and Krisstina discuss the importance of understanding how the top 1% build their wealth and why conventional financial planning often falls short.

Throughout the episode, they explore topics such as the power of mindset in wealth creation, the importance of financial IQ, and practical strategies for repositioning assets and building passive income. Dave also shares his five-phase framework for creating holistic wealth and offers insights into overcoming common financial obstacles.

If you're ready to break free from financial stress and learn how to build lasting wealth, this episode is a must-listen. Tune in to discover actionable steps you can take today to transform your financial future and create the life you truly desire.

Key Takeaways

5:33 Financial challenges of suddenly having triplets

13:18 Comparing traditional retirement to alternative investments

24:10 Creating infrastructure around wealth management

35:31 The three-dimensional return profile of investments

45:41 Breaking down wealth-building into manageable steps

51:52 Money is simpler than medicine and the human body

1:00:34 Taking a financial IQ quiz for self-assessment

Memorable Quotes

"I absolutely knew that the top 1% were not building their wealth as retail investors in the stock market. This launched me on this obsessive journey to figure out how the top 1% are actually building their wealth."

"According to almost 90% of advisors, you're better off just using conventional financial planning. But in reality, you're much better off using alternative investments."

"We want to create portfolio of tangible assets that are non-correlated to the stock market and have a three-dimensional return profile - sufficient passive income, forced appreciation, and tax benefits."

Resources Mentioned

Cash Flow Quadrant by Robert Kiyosaki - https://www.amazon.com/Rich-Dads-CASHFLOW-Quadrant-Financial/dp/1612680054

Rich Dad Poor Dad by Robert Kiyosaki - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194

The Holistic Wealth Strategy by Dave Wolcott - https://www.amazon.com/Holistic-Wealth-Strategy-Roadmap-Financial/dp/B089CS58F1

Connect with Dave

Website - https://pantheoninvest.com/

LinkedIn - https://www.linkedin.com/in/dave-wolcott-863306/

Facebook - https://www.facebook.com/PantheonInvest/

Instagram - https://www.instagram.com/pantheoninvest/

YouTube - https://www.youtube.com/@pantheoninvestments

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#324 Dr. Lo Radio Show with Dr. Lo

Mon, 07 Apr 2025 03:00:00 -0400

Are you struggling to balance financial success with your overall well-being? I've got just the episode for you.

In this eye-opening episode, we dive deep into the concept of financial wellness and its crucial connection to our overall health and happiness. Krisstina shares her personal journey of nearly losing her life due to stress and overwork, and how this experience shaped her mission to inspire others to achieve both wealth and wellness.

We explore practical strategies for breaking free from the "hamster wheel" of constant financial stress, including understanding Parkinson's Law of Money and creating a healthy margin between income and expenses. Krisstina also offers valuable insights on developing a positive relationship with money and setting meaningful financial goals aligned with your vision of a good life.

Ready to transform your relationship with money and create a life of true abundance? Don't miss this powerful conversation that could change the way you think about wealth and well-being forever. Click play now and take the first step towards financial sovereignty and lasting happiness.

Key Takeaways

3:36 Importance of comprehensive lab work for health

23:26 The "hamster wheel" of chasing more money

35:34 Building wealth through asset income

42:30 Using "money labs" to assess financial health

49:38 Changing your relationship with money

57:54 Parkinson's Law of Money explained

Memorable Quotes

"Financial sovereignty means the freedom to choose. I choose to show up in a baseball cap instead of a Lamborghini, even though I could choose the latter."

"Money is so important. In my case, it literally saved my life. But what's so screwed up about it is we make so much of our life about the money and we're missing the fact that it's not about the money."

"One of the most important life questions we can ask ourselves is twofold: What is a good life? And how much does it cost to live it?"

Resources Mentioned

Falling for Money: How to Have a Lifetime Love Affair with your Finances - https://www.amazon.ca/Falling-Money-Lifetime-Affair-Finances/dp/0692560904

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#323: Matt Theriault - Buy, Hold, Prosper: The Simple Path to Wealth

Thu, 03 Apr 2025 03:00:00 -0400

Are you struggling to build wealth through real estate investing? Discover how to overcome common obstacles and create financial freedom with proven strategies.

In this episode of Wealthy Wellthy, Krisstina Wise welcomes back Matt Theriault, a seasoned real estate investor and coach. With decades of experience navigating multiple market cycles, Matt shares invaluable insights on successful real estate investing.

The main focus of this conversation is debunking myths about real estate investing and providing practical advice for both beginners and experienced investors. Matt emphasizes the importance of mindset, explaining how to use debt strategically and why real estate remains a powerful wealth-building tool despite market fluctuations.

Additional topics covered include the difference between good and bad debt, the potential for a nation of renters in the next decade, and Matt's "five ones" framework for tailoring real estate investing to individual strengths and preferences.

Ready to transform your financial future through real estate? Listen now to gain expert knowledge and actionable strategies from Matt Theriault's wealth of experience.

Key Takeaways

3:14 Real estate investing as a side hustle

14:07 Mindset issues in real estate investing

24:38 Using intellectual currency to invest

36:50 Leveraging debt to accelerate wealth building

46:42 Daily activities of a full-time investor

48:33 Coaching aspiring real estate investors

Memorable Quotes

"Real estate is the final frontier where the average person has a legitimate shot at creating real wealth. It's created more wealth for more people than anything else."

"There wasn't a single day in history where it was a bad day to buy real estate. Wasn't a single day. Now, you can't say that for selling real estate."

"Real estate is not risky, not risky at all. It's the safest investment out there. Where the risk comes in, from my experience over 20 years, it's the people you work with."

Resources Mentioned

Rich Dad Poor Dad by Robert Kiyosaki - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194

Dave Ramsey Podcast - https://podcasts.apple.com/us/podcast/the-ramsey-show/id77001367

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#322: Meet the Mentor with Dr. Bill Dorfman

Tue, 25 Mar 2025 03:00:00 -0400

Ever felt like you don't fit in but knew you were destined for more? Krisstina Wise's journey from a trailer park to real estate mogul will inspire you to embrace your uniqueness and pursue success.

Dr. Bill Dorfman welcomes Krisstina Wise, a real estate millionaire, coach, and creator of multimillion-dollar businesses. Krisstina shares her remarkable story of overcoming humble beginnings to become a leader in real estate and entrepreneurship.

The episode explores the power of desire, resilience, and going against the grain to achieve success. Krisstina emphasizes the importance of developing sales skills, building a strong identity, and continuously learning to reach new heights in business and life.

Topics covered include the value of college beyond academics, strategies for differentiating yourself in your industry, and the importance of mentorship. The conversation also touches on the evolution from success to significance and giving back to others.

Ready to unlock your potential and chart your own path to success? Listen now to gain invaluable insights from Krisstina Wise's inspiring journey and learn how to apply her wisdom to your own life and career.

Upcoming Workshop

Save the date! Krisstina’s Wealth Mastery Challenge is coming April 15th. Full details and registration link will drop in the next Wealthy Wellthy Podcast episode—don’t miss it!

Key Takeaways

5:26 Finding your path as a misfit

9:38 The unexpected value of college experiences

14:23 Overcoming fear and rejection in sales

19:05 Building a strong professional identity

22:55 The importance of mentorship and learning

26:34 Transitioning from sales to entrepreneurship

Memorable Quotes

"Success lies in being different. It's on the other side of going against that herd mentality."

"Confidence comes with proof. I'm confident because I've got all the evidence now that I know what I can do and what I can't do."

"The best leaders are the best followers. To get there, we need to follow and stand on the shoulders of giants."

Resources Mentioned

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#321: Monick Halm - Breaking the Glass Ceiling: A Women’s Guide to Real Estate Investing

Mon, 17 Mar 2025 03:00:00 -0400

Are you struggling to build wealth through real estate investing? Discover how to overcome limiting beliefs and tap into abundant opportunities.

In this episode of the Wealthy Wellthy podcast, Krisstina Wise welcomes Monick Halm, a real estate investor and abundance coach. Monick shares her journey from unfulfilling corporate law to successful real estate investing, highlighting the power of mindset shifts and leveraging opportunities.

The main focus of the conversation is on breaking free from traditional wealth-building paths and exploring alternative investment strategies, particularly in real estate. Monick introduces the concept of syndication, explaining how it allows investors to participate in larger commercial properties with less capital and effort.

Additionally, the episode delves into the importance of abundance mindset, overcoming upper limits, and the holistic approach to wealth creation. Monick shares her "HOLY" framework for achieving true abundance in all areas of life.

Ready to transform your approach to wealth-building and real estate investing? Listen now to gain valuable insights and actionable strategies from Monick Halm's expertise and experience.

Key Takeaways

10:06 Discovering real estate syndication opportunities

21:52 How mindset affects financial success

34:37 The importance of taking action

46:34 Monick's businesses and investment opportunities

50:27 Empowering women creates positive change

Memorable Quotes

"Leverage other people's money, other people's time, other people's experience, other people's relationships. When you leverage, you can scale much more quickly."

"Abundance or wealth is being and having that ability to live the life you want, do what you want, with whom you want, when you want."

"We each have these internal temperature gauges about how much abundance we'll allow. When we start to go up, that thing wants to cool us down."

Resources Mentioned

The Artist's Way - https://www.amazon.com/Artists-Way-25th-Anniversary/dp/0143129252

The Big Leap by Gay Hendricks - https://www.amazon.com/Big-Leap-Conquer-Hidden-Level/dp/0061735361

Real Estate Investor Goddesses Handbook - https://www.amazon.com/Real-Estate-Investor-Goddess-Handbook/dp/0648015424

Connect with Monick

Facebook - https://www.facebook.com/RealEstateInvestorGoddesses/

Instagram - https://www.instagram.com/reigoddesses

YouTube - https://www.youtube.com/@RealEstateInvestorGoddesses

LinkedIn - https://www.linkedin.com/company/67099424/admin/dashboard/

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#320: Your Partner in Success Radio - The 4 Money Laws of Freedom Pt. 2

Mon, 10 Mar 2025 03:00:00 -0400

Are you struggling to achieve financial freedom and feeling overwhelmed by money management? I've been there too.

In this episode of Wealthy Wellthy, host Krisstina Wise sits down with Denise Griffitts, host of Your Partner in Success Radio. We continue their enlightening conversation on financial literacy and independence. Denise, a successful entrepreneur and podcast host herself, brings her unique perspective to the discussion.

Krisstina dives deep into the four fundamental principles of money management that can transform your financial future. She explains why understanding these principles is crucial for anyone seeking financial freedom, regardless of their current income level.

The episode covers a range of topics, including the importance of knowing your numbers, creating a surplus, managing your money effectively, and harnessing the power of compound interest. Krisstina also addresses common misconceptions about debt and offers practical advice for breaking free from financial ignorance.

Ready to take control of your financial destiny? Listen now to gain invaluable insights and actionable steps towards achieving your financial goals. Don't miss out on this opportunity to learn from Krisstina's expertise and start your journey to financial wellbeing today!

Key Takeaways

2:21 The three-legged money stool concept

10:37 Money as energy and vibration

23:37 Four principles of money management

34:00 Managing money like going to the gym

44:57 Simple concepts anyone can apply today

51:13 Offer for private money breakthrough consultation

Memorable Quotes

"Money is neutral. It's just an artifact, a currency we use to transact value for value. Any emotions or beliefs we have about money are our own narratives and stories."

"The secret to getting rich is spend less than you make. But Parkinson's Law of money says expenses will always rise to match income."

"You can't earn or save your way to financial freedom for most people. You have to invest and let compound interest work for you."

Resources Mentioned

Transcendental Meditation (TM) - https://www.tm.org/

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#319: Richard Matthews - From Bible College to Business Mogul: Richard's Journey

Mon, 03 Mar 2025 03:00:00 -0400

Are you an entrepreneur struggling to find your unique edge in a crowded market? Richard Matthews' journey from a curious 9-year-old to a successful business owner might just inspire you.

In this episode of the Wealthy Wellthy podcast, Krisstina Wise interviews Richard Matthews, founder of Push Button Podcast. Richard shares his fascinating entrepreneurial journey, from selling candy at school to running a podcast production company that's on track to hit seven figures.

The main focus of the conversation is Richard's unique approach to entrepreneurship, which he calls "skill stacking." He explains how combining different skills at an 80% proficiency level can lead to a unique and unbeatable business proposition. Richard's story illustrates how curiosity, continuous learning, and a willingness to take risks can lead to extraordinary success.

Throughout the episode, Richard and Krisstina discuss various topics, including the power of storytelling in business, the importance of mentorship, and the mindset required for true entrepreneurial success. Richard also shares insights on balancing business growth with personal life, as he runs his company while traveling full-time in an RV with his family.

If you're looking for inspiration to take your entrepreneurial journey to the next level, don't miss this episode. Listen now to discover how you can leverage your unique skills and experiences to create a business that's truly uncompetable.

Upcoming Workshop

Save the date! Krisstina’s Wealth Mastery Challenge is coming April 15th. Full details and registration link will drop in the next Wealthy Wellthy Podcast episode—don’t miss it!

Key Takeaways

3:02 Charles Bird: Super connector and mastermind

9:52 Developing the Digital Alchemy Formula

22:47 The curious mind of an entrepreneur

34:45 AI and structure in podcast production

46:49 Living a life worth telling a story about

Memorable Quotes

"Entrepreneurship is not a world for the faint of heart. It's a roller coaster and you're never doing the same thing twice. Sometimes you have no money, sometimes you're making a lot. You've got to blaze the trail yourself pretty much all the time."

"Figure out what's your superpower. What's the thing that makes you you? It's a useful exercise to determine what you're the best at in the world, and then build your business around that superpower."

"Live a life worth telling a story about. Take the risk that you're worried about. Entrepreneurs and people who really get the most out of this world jump off the cliff and build the parachute on the way down."

Resources Mentioned

Rich Dad Poor Dad - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194

How to Fail at Everything and Still Win Big - https://www.amazon.com/How-Fail-Almost-Everything-Still/dp/1591847745

Connect with Richard

LinkedIN - https://www.linkedin.com/in/richardwmatthews/

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#318: Your Partner in Success Radio - The 4 Money Laws of Freedom Pt. 1 with Denise Griffitts

Mon, 17 Feb 2025 03:00:00 -0400

Are you struggling to break free from financial stress and achieve true wealth? Discover the hidden mindset shifts that could be holding you back.

In this eye-opening episode of Wealthy Wellthy, host Krisstina Wise sits down with Denise Griffitts, host of Your Partner in Success Radio. Denise is a renowned podcaster and business expert dedicated to helping entrepreneurs achieve their personal and professional goals.

Krisstina and Denise dive deep into the often-overlooked emotional and psychological aspects of building wealth. They explore how childhood experiences shape our money mindset, the importance of developing a healthy relationship with money, and practical exercises to uncover and repattern limiting beliefs.

The conversation touches on powerful topics like money trauma, the link between health and wealth, and why traditional financial advice often falls short. Krisstina also shares personal insights from her own journey from near-death health crisis to financial freedom.

Ready to transform your relationship with money and unlock your true potential for wealth? Don't miss this transformative episode that could change the way you think about money forever. Click to listen now and take the first step towards financial freedom.

Upcoming Workshop

Save the date! Krisstina’s Wealth Mastery Challenge is coming April 15th. Full details and registration link will drop in the next Wealthy Wellthy Podcast episode—don’t miss it!

Key Takeaways

5:30 Importance of wellness and fulfillment over money

10:38 Developing a healthy relationship with money

17:57 How poor health affects work and productivity

25:40 Examining childhood money beliefs and narratives

31:17 Three key aspects of financial success

37:53 Why lottery winners often lose their money

50:11 Exercise to uncover limiting money beliefs

54:58 Teaser for future episode on practical money tips

Memorable Quotes

"Money mindset is usually established by the time we're 7 to 10 years old and then it's baked in. Most of us adults are playing out this money mindset of a 7 to 10 year old and we don't even know it."

"Money has rules, it has laws, it's a game that is played on a game field and you can't betray the rules or you're going to be kicked out of the game."

"Gratitude is one of the highest frequencies. When we have a loving, kind, compassionate, respectful relationship with our money, that high vibration begets more money."

Resources Mentioned

Falling for Money - https://www.amazon.com/Falling-Money-Lifetime-Affair-Finances/dp/0692560904

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#317: Mark Perlberg - The Millionaire's Tax Playbook: Strategies You're Missing

Mon, 10 Feb 2025 03:00:00 -0400

Are you leaving money on the table by not optimizing your tax strategy?

In this episode of the Wealthy Wellthy podcast, Krisstina Wise sits down with Mark Perlberg, a CPA and tax strategist specializing in helping entrepreneurs and high-income earners minimize their tax burden. Mark shares his journey from social studies teacher to passionate tax planner, revealing how he discovered the immense potential of strategic tax planning for wealth creation.

The main focus of this conversation is the often-overlooked importance of proactive tax planning for entrepreneurs and high-income earners. Mark emphasizes that investing in proper tax strategy can yield returns far greater than traditional investments, potentially saving clients millions of dollars over their lifetime.

Throughout the episode, Krisstina and Mark discuss various tax-saving strategies, including hiring family members, utilizing the Augusta rule, and leveraging real estate investments for tax advantages. They also explore options for W-2 employees to reduce their tax burden and the mindset shift required to view taxes as part of a holistic wealth-building strategy.

Ready to transform your approach to taxes and potentially save six or seven figures? Listen to this eye-opening episode to discover how strategic tax planning could revolutionize your financial future.

Upcoming Workshop

Save the date! Krisstina’s Wealth Mastery Challenge is coming April 15th. Full details and registration link will drop in the next Wealthy Wellthy Podcast episode—don’t miss it!

Key Takeaways

2:07 Why tax planning is often overlooked

6:19 Mark's journey into tax planning and CPA work

13:26 Investing in strategic tax partnerships

18:41 Explaining the Augusta rule for tax savings

25:09 Gifting strategies for tax and estate planning

31:21 Holistic approach to tax planning and wealth building

38:21 Benefits of real estate investing for taxes

40:05 Final thoughts on the importance of tax planning

Memorable Quotes

"When you invest into tax planning and initiatives in some of these opportunities, you could essentially double your money year after year after year. You're going to see a far greater compounding of your wealth through tax planning."

"The government wants you to invest into vehicles that give charitable deductions. They want you to invest into energy related items. They want you to do things that are going to enhance and provide real estate to the general public."

"I don't think I've ever found an industry or way of making money that is more tax advantaged than real estate because of what you can do with cost segregation, which allows you to front load your depreciation and bonus depreciation."

Resources Mentioned

American Institute of Certified Tax Planners - https://certifiedtaxcoach.org/

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#316: From Broke to Wealthy: A Real Estate Investor's Journey with Mark Perlberg

Mon, 03 Feb 2025 03:00:00 -0400

Are you struggling to build wealth despite a high income? You're not alone.

In this episode of Wealthy Wellthy, host Krisstina Wise sits down with Mark Perlberg to discuss the crucial difference between income and wealth. Krisstina, founder of Wealthy Wealthy and a seasoned real estate investor, shares her journey from high-income earner to near bankruptcy, and how she turned it around to build lasting wealth.

The main focus of this conversation is understanding that high income doesn't automatically translate to wealth. Krisstina and Mark delve into strategies for entrepreneurs and real estate investors to maximize their income while simultaneously building long-term wealth. They emphasize the importance of profit-first mentality, proper money management, and playing the long game in wealth creation.

Additional topics covered include the pitfalls of "get rich quick" mentalities in real estate investing, the importance of liquidity in navigating market changes, and practical tips for managing personal and business finances. The discussion also touches on tax implications for real estate investors and the value of experienced mentorship in wealth building.

Ready to transform your relationship with money and start building true wealth? Listen to this episode for actionable insights from Krisstina Wise and Mark Perlberg on how to create lasting financial success.

Key Takeaways

10:50 First steps for entrepreneurs

15:26 Real estate investing strategies

21:42 Measuring wealth in real estate

29:04 Long-term real estate strategies

34:33 Lessons from market downturns

39:57 Biggest wins in real estate

43:15 Christina's approach

Memorable Quotes

"Income and wealth are two radically different distinctions, yet they get conflated all the time."

"Wealth is private and it's not obvious. I might have $10 million in net worth, but if I drive a Honda, people can't see my financial statements or bank accounts."

Whether you're just starting or wherever you are in your business, take away this realization: Yes, I need to grow my business, but I also need to build my wealth."

Real estate just has so much opportunity. But that's the long game and that's reaching out with the end in mind: How much wealth do I need from these different properties that's going to provide that passive cash flow?"

My biggest wins have been buy and hold. It's the antithesis of get rich quick. It's get rich slow. And if you have a get rich slow mentality in real estate, you can get rich."

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#315: Darin Davis - Unlocking Wealth: The Power of Real Estate Syndications

Mon, 27 Jan 2025 03:00:00 -0400

Are you curious about real estate investing but overwhelmed by the thought of managing properties? Discover how real estate syndications could be your ticket to passive income and wealth building.

In this episode of the Wealthy Wealthy Podcast, Krisstina Wise sits down with Darin Davis, a seasoned real estate investor and syndication expert with over two decades of experience. Darin shares his journey from corporate America to successful real estate entrepreneur, offering invaluable insights for both novice and experienced investors.

Dive deep into the world of real estate syndications as Darin breaks down the concept in layman's terms. Learn why syndications can be a more attractive option than traditional residential real estate investing, offering potentially higher returns with less hands-on management. Darin also discusses the importance of cash flow and diversification in building long-term wealth.

Throughout the conversation, Krisstina and Darin touch on topics such as the pros and cons of different real estate investment strategies, how to vet potential syndication sponsors, and the critical questions every investor should ask before participating in a deal. They also reflect on the lessons learned from various market cycles and the value of experience in navigating economic downturns.

Ready to explore the potential of real estate syndications and learn from a true industry veteran? Tune in to this episode of the Wealthy Wealthy Podcast and take the first step towards expanding your investment portfolio.

Key Takeaways

01:52 Long-standing friendship and shared ambitions

7:51 Three parts of money management

14:20 Real estate syndication explained

20:29 Pros and cons of rental properties

32:31 Cash flow vs. cash in investments

38:48 Structure and returns in syndications

Memorable Quotes

"I was damned and determined to figure out a better way to create cash flow, create wealth, minimize taxes. I just didn't know. And I did kind of bounce around that first four or five years trying to figure out what was really the best thing for me."

"If you think about a single family home and a real estate syndication, if you have $50,000 and you're going to go buy a rental property, you have control, you have an asset, but you're qualifying for a loan. The upside is typically not as prominent as doing something like a syndication."

"I look at the time value of money or the time for money. If I have $100,000, I've got a duplex and I'm owning, managing, reporting, accounting, everything on that, it better be a damn good duplex that I know it's going to be 100% occupied all the time."

Connect with Darin

LinkedIn: https://www.linkedin.com/in/davisdarin/

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#314 From Burnout to Bliss: Reclaiming Joy in a High-Performance World with Ron Macklin

Tue, 21 Jan 2025 03:00:00 -0400

Are you feeling trapped in a cycle of constant achievement, always chasing the next big goal but never truly feeling satisfied or fulfilled?

In this eye-opening episode of "The Story in Your Head" podcast, host Ron Macklin sits down with Krisstina, a former high-achieving entrepreneur who experienced a profound transformation after a health crisis forced her to reevaluate her priorities and identity.

Krisstina shares her journey from being a "super performer" constantly seeking external validation to embracing a life of meaning, connection, and joy. She discusses the cultural narratives that drive us to prioritize achievement over well-being and offers insights on how to break free from these limiting beliefs.

Throughout the conversation, Ron and Krisstina explore topics such as the importance of creating space for gratitude, the power of surrender, and the concept of essentialism in both material possessions and life experiences. They also delve into the significance of human connection and how it relates to our overall happiness and sense of fulfillment.

If you're ready to reclaim joy and connection in your life while still pursuing your goals, this episode is a must-listen. Tune in to discover how you can rewrite your own story and create a life that's truly meaningful and satisfying.

Key Takeaways

5:13 Transitioning from performer to teacher

11:29 Surrendering to the process of life

17:29 Essentialism: Simplifying life for meaning

23:16 Reflecting on regret and missed experiences

34:48 Reversing priorities for fulfillment

40:47 Rewriting our personal narratives

Memorable Quotes

"I realized that I didn't have any space. That's one of those big awarenesses and realizations. But also just, I didn't have a lot of gratitude. There wasn't space for gratitude yet I had so much to be grateful for."

"Money is such a great mirror and such a great learning tool to create more awareness. By asking the question 'How much money is enough?' we can create some satisfaction."

"Our narrative is in our story. To sum this up, it's what story are we in? We are the writers, we're the authors of our own story. We can change. We can write a different chapter."

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#313: Cash Flow Reality: Why Top Line Revenue Is Vanity with Rocky Lalvini

Mon, 13 Jan 2025 03:00:00 -0400

Are you struggling to make your business profitable despite increasing sales? You might be falling into a common trap that many entrepreneurs face.

Rocky Lalvini, a Profit First Professional and host of the Profit Answer Man podcast, joins us to shed light on the often-overlooked aspects of business finance. With his expertise in helping business owners understand and improve their financial health, Rocky brings valuable insights to the table.

In this episode, we dive deep into the misconceptions surrounding business growth and profitability. Rocky explains why focusing solely on top-line revenue can be detrimental and shares the importance of understanding your financial statements, particularly the balance sheet. He emphasizes that "top line is vanity, bottom line is sanity, and cash flow is reality."

We also explore the power of automating savings, both in personal finance and business, and discuss the critical role of financial literacy for entrepreneurs. Rocky shares his journey from personal finance education to helping business owners navigate their financial challenges.

If you're an entrepreneur looking to build a truly profitable business or simply want to improve your financial acumen, this episode is a must-listen. Tune in to gain invaluable insights that could transform your approach to business finance and wealth creation.

Key Takeaways

5:23 Immigrant mindset and money conversations

11:42 Personal finance education challenges

17:50 Business revenue vs. profitability misconceptions

24:22 Importance of financial literacy for entrepreneurs

37:58 Tax planning and profit management

46:24 Dangers of focusing solely on revenue

52:30 Viewing business as a math equation

55:24 Closing remarks and contact information

Memorable Quotes

"Top line is vanity, bottom line is sanity, and cash flow is reality."

"One of the number one reasons for failure in bankruptcy is growing too fast. They get ahead of their cash flow, and so they just think, I'll just sell more. Selling more might actually drive you to failure faster than anything."

"I look at every business as a math equation. And the beginning of the math equation is lead flow."

"Wealth is built on the balance sheet."

"Most people don't realize that the P&L is like one little line item on the balance sheet. And that the correct way to look at a balance sheet is to look at how it changes month to month."

Resources Mentioned

Profit First (book) by Michael Michalowitz - https://amzn.to/40rwqJ3

The Road Less Stupid (book) by Keith Cunningham - https://amzn.to/42aY3HW

Profit Answer Man (podcast) - https://profitanswerman.libsyn.com/

Profit Comes First (website) - https://profitcomesfirst.com/

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#312 The Asset Mindset: Transforming Your Real Estate Career into True Financial Freedom

Mon, 06 Jan 2025 03:00:00 -0400

Are you tired of feeling like you're on a never-ending hamster wheel in your real estate career? Discover how to shift from being income-focused to asset-focused and build true wealth in the process.

In this episode of the Triangle Real Estate Podcast, host Matt Fagioli welcomes Krisstina Wise, a renowned thought leader in the real estate space. With decades of experience as a top-performing agent, broker, and investor, Krisstina shares invaluable insights on how to kick off 2024 with a wealth-building mindset.

Krisstina delves into the crucial distinction between having a job in real estate and owning a business. She emphasizes the importance of creating systems, building assets, and developing multiple streams of income. Learn why focusing solely on income can lead to burnout and financial insecurity, and how shifting to an asset-based approach can provide long-term stability and freedom.

The conversation also covers practical strategies for business planning, the significance of knowing your numbers, and the often-overlooked opportunity for real estate professionals to invest in property themselves. Krisstina provides actionable advice on setting goals, creating a business strategy, and measuring success through data-driven decisions.

Ready to transform your real estate career from a job into a wealth-building machine? Tune in to this episode and discover the keys to financial freedom and long-term success in the real estate industry.

Key Takeaways

3:46 Agents good at making money, not keeping it

9:54 Building systems for business continuity

17:44 Two pillars: Sales business and investments

24:58 Setting business goals and creating action plans

29:24 Encouraging agents to invest in real estate

34:29 Resources for learning more from Krisstina

Memorable Quotes

"The mindset shift we want to make is to move from being income focused to being asset focused. So income's important, but when the mindset is around building assets, building and buying assets, and having this thing called a portfolio, that's what wealth is."

"What's the difference between those that are hustlers that make a lot of income and those that are wealthy is the thought process that's different."

"When we think of our business as an asset, we want it to create this thing called cash flow. And we want a business ultimately to run and to make as much money with as least amount of time and effort as us as possible."

"Business is all about data. Because if we can't guide the ship, if we don't know if we're going in the right direction."

"The wealthy have multiple streams of income. What we mean by wealth, that means we have assets. It means that it's not just our hard work attached to our performance and our high income."

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#311 Matt Shriver - The Power of P&Ls: Transforming Business Decisions

Mon, 30 Dec 2024 03:00:00 -0400

Are you struggling to grow your online coaching business and manage your finances effectively? I've been there, and I know how overwhelming it can feel.

In this episode of the Wealthy Wealthy podcast, Krisstina Wise sits down with Matt Shriver, a successful entrepreneur and marketing expert who has built a seven-figure business in just a few years. Matt shares his journey from struggling coach to thriving business owner, offering invaluable insights on financial management, marketing strategies, and team building.

The main focus of this conversation is the importance of understanding your numbers, both in business and personal finance. Matt discusses how learning to read and interpret financial statements transformed his business decisions and led to significant growth. He emphasizes the power of tracking key performance indicators (KPIs) and using data to drive marketing and operational choices.

Additionally, Matt dives into effective Instagram marketing techniques, the value of paid advertising for coaches, and the technology stack he uses to run his business efficiently. He also shares his approach to team management and leadership in a remote work environment.

If you're a coach or online entrepreneur looking to scale your business and improve your financial literacy, this episode is packed with actionable advice and real-world examples. Don't miss out on Matt's hard-earned wisdom – click play now and start your journey towards business success and financial freedom.

Key Takeaways

6:30 Understanding P&L

12:54 Personal Money Management

19:48 Expense Management

26:32 Business Growth Strategies

33:02 Business Transformation

39:32 Marketing and Leadership

45:26 Instagram Strategy

52:41 Money Management Course

57:03 Myth Busting in Business

Memorable Quotes

"When I first reached out to you, I had just been fortunate enough to be exiting a business and I didn't know anything about money at the time. I was like, 'I don't know what to do with this.'"

"I started to separate our expenses based on sales contract labor, marketing contract labor, fulfillment contract labor. So I can see them all on a P&L and I can see how much of the top line is going to which department and how they're performing."

"If you want to make money on Instagram, I can help you. What I have a lot of people do is really pick a couple topics that they feel really confident in and just continue to provide value in those areas."

"Until you understand your household stuff and your personal finances, it doesn't matter how much money you make. Because I went through your course and was like, 'Wow, my business needs to make four times the amount of money so that I can pay myself X so that I can hit my financial goals.'"

"The myth is that once you have some cash, you know, you've got five or ten clients, it's okay to start advertising. Because spending money on ads is the fastest way for you to test your message to see if it actually resonates."

Resources Mentioned

Matt's FREE 20-minute training: How to sign 10 clients a month - https://mattshiver.com/freetraining

GoHighLevel - A CRM and marketing platform - https://www.gohighlevel.com/

Later - Social media scheduling tool - https://later.com/

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#310 Krisstina on Profit First for Real Estate Investors with David Richter

Mon, 23 Dec 2024 03:00:00 -0400

Are you making good money but still struggling to build wealth? You're not alone.

In this eye-opening episode, David Richter sits down with Krisstina, as she shares her journey from rags to riches to rags and back again, offering invaluable insights on personal finance and wealth creation.

The main focus of this conversation is debunking the biggest money myth: that making more money is the answer to all financial problems. Krisstina explains why wealth is built at home, not in business, and provides practical steps to calculate your "good enough" number for financial satisfaction.

Throughout the episode, they discuss common money problems, the importance of profit in both business and personal finance, and how to break free from the earn-spend trap. Krisstina also shares details about her Financial IQ quiz and the valuable resources she offers to help people on their journey to financial freedom.

If you're ready to transform your relationship with money and learn how to build true wealth, this episode is a must-listen. Tune in now to gain the knowledge and tools you need to secure your financial future.

Key Takeaways

2:09 Kristtina's Background

5:28 Financial Wake-Up Call

8:01 Building Wealth vs. Making Money

11:09 Learning Money Fundamentals

14:21 Childhood Influence on Money Habits

18:25 Money Mindsets and Beliefs

23:02 The Earn-Spend Trap

28:01 Profit First in Business and Household

31:35 Determining How Much Money is Enough

36:10 Steps to Financial Satisfaction

38:09 Resources and Next Steps

Memorable Quotes

"Money is math. Money's black and white. Money has very specific rules and laws and metrics that if you follow them, you can be rich."

"We build wealth in the household. Not through your business, not through your corporate job, not through your side hustle."

"The answer to all my money problems is to make more money. That's the number one money myth, the biggest money lie out there."

"How much money is enough? It's an equally philosophical question as it is practical."

"Money will evaporate. Money loves to move. So it was just moving into the wrong pockets is ultimately what we're allowing it to do."

Resources Mentioned

Wise Money Method Quiz: wisemoneymethod.com/quiz

Simple CFO: simplecfo.com

The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley and William D. Danko - https://amzn.to/3BDjMNI

Think and Grow Rich by Napoleon Hill - https://amzn.to/3Dl3FF0

The Greatest Salesman in the World by Og Mandino - https://amzn.to/3P9hLvD

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#309 Seth Spears - The Secrets of Brand Building: Timeless Marketing Principles for Entrepreneurs

Mon, 16 Dec 2024 03:00:00 -0400

Are you tired of feeling overwhelmed by the complexities of building a brand that truly resonates? You're not alone, and this episode is here to guide you through the essentials of creating a brand that people know, like, and trust.

In this episode Krisstina sits down with Seth Spears, a marketing expert with a rich history in digital marketing and brand building. Seth shares his journey from a rebellious, homeschooled child to a successful entrepreneur who co-founded the renowned Wellness Mama brand. His insights into the evolution of brand building and the importance of maintaining quality and authenticity are invaluable for anyone looking to make a lasting impact.

In this episode, we explore the timeless principles of marketing that remain relevant today, despite the ever-changing digital landscape. Seth discusses the significance of brand consistency, quality differentiation, and the power of word-of-mouth marketing. We also touch on the challenges of modern marketing, including the rise of influencers and the necessity of ad budgets in today's crowded marketplace.

If you're ready to transform your approach to brand building and marketing, click to listen and discover how to make your brand stand out in a sea of sameness. Don't miss this opportunity to learn from a true marketing genius!

Key Takeaways

0:00 Intro

6:25 Seath Spears' College Experience

12:43 Entrepreneurial Beginnings

19:45 Building Wellness Mama

25:05 Brand Building and Consistency

32:09 Challenges in Modern Marketing

40:15 Wellness Products and Quality

47:43 Balancing Business and Life

54:52 Myth Busting in Health

Memorable Quotes

"People do business with those they know, like, and trust. Your brand is everything you stand for—the look, feel, touch, taste, smell, and the feeling someone gets when they interact with it."

"I've always been intrinsically curious, questioning why things are the way they are. The status quo just didn't work for me."

"My formula for success has been to do the right things long enough consistently. It's the principle of compounding, whether in business, branding, marketing, or wealth building."

"Health starts in the mouth. We're inundated with toxins daily, so it's crucial to reduce the toxic load our bodies face."

"We already have what we want, but we think we have to do more to get somewhere else. What if it's not about more? What if it's about less?"

Resources Mentioned

Wellness Mama- https://wellnessmama.com

Wellnesse - https://wellnesse.com

Jeff Walker's Product Launch Formula - https://productlaunchformula.com

Seth Godin's "Purple Cow" - https://amzn.to/41C0Bi1

Oura Ring - https://ouraring.com

Whoop - https://www.whoop.com

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#308 Krisstina on Provoking Prosperity with Miranda Mitchell

Mon, 09 Dec 2024 03:00:00 -0400

Are you tired of feeling like money slips through your fingers, leaving you anxious and unfulfilled? You're not alone, and this episode is here to help.

Join me, Krisstina Wise, on the Wealthy Wealthy podcast as I sit down with Miranda Mitchell from the Provoking Prosperity podcast. Together, we explore the transformative power of redefining your relationship with money. With years of experience in wealth creation and financial education, I share my personal journey from financial struggle to empowerment, offering insights into the mindset shifts and practical steps necessary for achieving true financial fulfillment.

In this episode, we dive into the subconscious money stories that shape our financial realities and discuss the balance between manifesting wealth and managing it wisely. We also touch on the importance of financial education, especially for women, and how understanding money can lead to a more empowered and abundant life.

Ready to transform your financial future? Click to listen and discover how to build a healthy, prosperous relationship with money.

Key Takeaways

1:42 Miranda Mitchell Introduction

6:07 Financial Crisis and Recovery

10:11 Teaching Money and Wealth

14:02 Manifestation vs. Practical Money Management

19:18 Three Money Categories

23:39 Krisstina's Role as an Educator

28:33 Impact of Financial Education

30:05 Encouragement for Women

31:23 Final Thoughts

Memorable Quotes

"Money in the hands of greedy people, it's going to be greed. But money in the hands of great people, it can do great things."- Krisstina

"When you speak about money, it's more tangible, like you're consciously making intentional choices." - Miranda

"I love money for what it is and what it can do and what it provides and what it does for communities." - Krisstina

"Yes, I love that. And it's like, you do the work and then you get to support others so they don't have to go through all the stuff, which is such a huge, huge gift." - Miranda

"I really encourage women to want to become financially empowered, to want to learn money, to do the work and to get that confidence and competence." - Krisstina

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise

Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/

Thank you.

#307 Chris Miles - Unveiling Myths About Traditional Finance and the Rat Race

Mon, 02 Dec 2024 03:00:00 -0400

Are you tired of feeling trapped in the rat race, following conventional financial advice that never seems to lead to true freedom? You're not alone, and this episode is here to offer a fresh perspective.

Join me, Krisstina Wise, as I sit down with Chris Miles, a financial expert who has navigated the complexities of wealth creation. Chris shares his journey from being a traditional financial advisor to discovering the power of real estate and passive income. He reveals how breaking away from conventional wisdom and embracing a mindset of stewardship and financial education can lead to true financial freedom.

In this episode, we explore the myths surrounding traditional finance advice and discuss alternative strategies for building wealth. Chris offers insights into leveraging tools like real estate and whole life insurance to create lasting wealth. We also touch on the pitfalls of mainstream financial advice and the importance of taking control of your financial future.

If you're ready to challenge the status quo and learn how to make your money work for you, this conversation is a must-listen. Click play to discover a roadmap to financial success and start your journey towards a wealthy, wealthy life.

Key Takeaways

1:29 Chris Miles Introduction

3:10 Chris's Financial Journey

7:16 Real Estate vs. Traditional Finance

10:02 The Rat Race and Financial Freedom

13:50 Banking and Financial Institutions

18:12 Critique of Dave Ramsey

27:37 Passive Income Misconceptions

38:27 Real Estate and Whole Life Insurance

45:54 Wealth Building Principles

56:39 Future Financial Myths

1:01:06 Money Mindset

Memorable Quotes

"Money is just a magnifier of the soul. It only makes you more of who you already are. If you're worried about corrupting your kids with money, they're already corrupted, and that's your fault."

"The best thing you can do is have an abundance mindset with money. It's not just about buying your time back; it's about magnifying your mission on this planet."

"Money allows you to make a greater impact in your community and create a bigger legacy. It's a megaphone for whatever you're trying to do. Ideally, you're a good person, and we want more money in the hands of good people."

Resources Mentioned

Who Took My Money by Robert Kiyosaki - https://www.amazon.com/Who-Took-Money-Robert-Kiyosaki/dp/0446691828

Connect with Krisstina

Instagram - https://www.instagram.com/krisstinawise