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Podcast
The Wealthy Idiots Show
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Here at The Wealthy Idiots, we believe everyone has the potential to take control of their own financial future. With the aid of our financial calculators and articles, you can realize your dreams!
Here at The Wealthy Idiots, we believe everyone has the potential to take control of their own financial future. With the aid of our financial calculators and articles, you can realize your dreams!
Financial News: Recession is Here, Interest Rates, Stocks Up | Ramsey Reaction | Retirement Secret
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In financial news the May jobs report is out, interest rates might go up, stocks rebound from the debt ceiling debates, and a lady found what!?
In this weeks reaction, AJ breaks apart how the Dave Ramsey method may not be safe enough!
And lastly, AJ shows how big purchases early in your life can destroy your financial independence.
The Wealthy Idiots Website:
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Social Media:
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
00:00 Introduction
00:51 May Jobs Report...Does it look good?
02:13 Debt Ceiling Debate is Over?
05:15 People are betting the Federal Reserve Does This With Interest Rates.
06:57 Stock Market Rebounded? Why?
07:45 A Lady Found What On a California Beach?
09:01 AJ Reacts to Team Ramsey Giving Risky Car Purchase Advice?
23:56 AJ Shows how major pruchases when you're young is the number one killer of the American Dream
35:43 Conclusion
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36:53
BREAKING NEWS: Debt Ceiling, Inflation, Interest Rates, Top $$$ Misconceptions & Pentagon Explosion!
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This week in personal finance news the debt ceiling debate still rages, inflation is slowing but no where near our goal, the federal reserve might be changing their minds on interest rates, CNN reviews what they believe is the top 5 financial misconception, AND there was an explosion at the pentagon that cost the stock market over $500 Billion!
Full Weekly Report: https://youtu.be/ZuCmRJlpXrg
The Wealthy Idiots Website:
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
00:00 Introduction
00:52 Debt Ceiling Debate Still Rages
02:17 Federal Reserve Doing a Full 180?
04:40 CNN's Top 5 Personal Finance Misconceptions
11:08 Explosion at the Pentagon cost the S&P 500 over $500B
13:14 Like and Subscribe
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13:33
US Debt Drama, Huge Explosion and Dave Ramsey Endorses Debt | Weekly Finance Report
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Don't miss this weeks news report covering the debt ceiling debate, future interest rate hikes, top finance misconceptions and an explosion that caused a $500 billion loss!? AJ covers an iced coffee hour clip where Dave Ramsey unintentionally endorsed using debt for real estate. Lastly, these faux financial experts make some of the worst money math mistakes .AJ shows how these simple misunderstandings can cost you MILLIONS!
The Wealthy Idiots Website:
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
00:00 Introduction
00:53 Debt Ceiling Drama, will the US default on it's debt?
02:17 Will interest continue to rise and cause the next recession?
04:40 CNN outlines 5 financial misconceptions...how did they do?
11:09 Explosion at the pentigon caused the stock market to lose $500 Billion! But What Really Happened?
13:18 React to the Iced Coffee Hour where Dave Ramsey admits debt is ok...on accident?
35:04 How do people get simple finance math so wrong? And why are these people always selling Life Insurance? Life180
43:25 Conclusion...visit wealthyidiots.com
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44:07
Weekly News: The Great Depression 2, Gold Mining, Debt Ceiling
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Is the next great depression on it's way? What most people said in response may shock you! Why is Gold Mining picking up? And what is happening with the debt ceiling?
See Full Weekly Episode: https://youtu.be/J2bhJJnQ5O4
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Social Media:
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
00:00 Introduction
00:10 Over 50% of Americans Think Another Great Recession is Coming!
01:42 40% of US Drivers Are Stressed About Paying Car Insurance
03:06 Gold Mining is Booming Amongst Investors?
04:14 Monetary Metals...AJ's Favorite Precious Metals Solution
05:35 Debt Ceiling Crisis is Still Underway...But Now People Want Uncle Joe Biden To Use The 14th Ammendment?
09:37 San Diego Man Does Something Amazing!
10:21 Conclusion
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10:45
The Coming Great Depression, Dave Ramsey Wrong on Credit Cards, and Gold Mining cool?
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Don't miss this weeks news report and reaction video. People polled are confident a recession worse than 2008 is coming, Gold Mining Bonds are becoming more popular, update on the debt ceiling debates, and a San Diego man visited how many countries? Also, don't miss our expert response to Dave Ramsey totally getting credit cards wrong!
The Wealthy Idiots Website:
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Social Media:
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Join Webull and get FREE STOCKS {Details in Link}: https://act.webull.com/promotion/invitation/share.html?inviteCode=YGUxWYdsbWwj
Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
00:00 Introduction
00:33 Americans Fear Recession Worse Than 2008
02:13 40% Of US Drivers Are Stressed About Auto Insurance Costs
03:37 Gold Mining Investments are Booming as Investors get Nervous
06:07 Should The President Use the 14th Amendment to Solve the Debt Ceiling Crisis?
10:08 San Diego Man Visits Every Country
10:59 Reaction of the Week; Dave Ramsey's Video "How Do I Discuss Wealth With Pro-Debt People?"
24:19 Conclusion
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24:44
(Ch 2) Expert Reviews the book "Becoming Your Own Banker" by R. Nelson Nash | The Whole Life Bible
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In Chapter 2, R. Nelson Nash attempts to show the human conditions that prevent us from making smart financial decisions or thinking outside of the box to find new solutions to problems. Ironically, he may end up proving himself to be falling trap to these human conditions in his very own book!
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
Support this podcast at — https://redcircle.com/the-wealthy-idiots/donations
15:17
Investing Fees: The Hidden Cost Of Your Investments | Personal Finance In 10 Minutes
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In this episode, DC covers the various investing fees that can eat away at your hard-earned investment gains! After hustling to build your nest egg, the last thing you want to do is pay unnecessary fees that can be easily avoided. Take a listen and find out how!
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
Support this podcast at — https://redcircle.com/the-wealthy-idiots/donations
10:00
Is Dave Ramsey's House Buying Plan Ruining Your Financial Peace?
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Full Weekly Review: https://youtu.be/qyuBa4vlxtE
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Dave Ramsey's plan for buying a house will damage your financial peace plan. He wants you to do everything backwards.
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
Support this podcast at — https://redcircle.com/the-wealthy-idiots/donations
17:19
Personal Finance News: Nick Cannon, Student Loan Forgiveness and the End of the World!
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Personal Finance News: Nick Cannon, Student Loan Forgiveness and the End of the World!
Checkout the full Weekly Report: https://youtu.be/qyuBa4vlxtE
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
00:00 Nick Cannon Needs $100 Million...so what would we need?
00:36 Student Loan Payment set to Resume
03:33 Meteorite Falls on Home Signaling the End Of The World!!!
04:25 Debt Limit Meetings Pushed Back. No Resolution Yet
06:14 Tax payers are set to pay for the bank collapse of 2023
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09:26
Expert Reacts to Nick Cannon, Dave Ramsey, Student Loans and 'Becoming Your Own Banker' (ch2)
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Expert Reacts to Nick Cannon, Dave Ramsey, and Whole Life Bible 'Becoming Your Own Banker' (ch2)
Top news of the week, Nick Cannon needs $100 million in income, the world is ending, and find how who is footing the bill for irresponsible banks. AJ also reacts to Dave Ramsey's terrible plan for saving for a house. And he destroys the poorly written Whole Life cult book 'Becoming Your Own Banker' by tearing into chapter 2.
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
00:00 Introduction
00:36 Weekly Financial News Report
09:39 Reacting to Dave Ramsey "Saving for a house"
26:10 Book Review "Becoming Your Own Banker" (Chapter 2) by R. Nelson Nash
41:23 Conclusion
Support this podcast at — https://redcircle.com/the-wealthy-idiots/donations
42:52
Financial Advisors | Personal Finance In 10 Minutes
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Financial Advisors will charge you extraordinary fees to give you a service you can handle totally on your own! Instead of paying a financial advisor, like and subscribe to the Wealthy Idiots...It's free!
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
Support this podcast at — https://redcircle.com/the-wealthy-idiots/donations
09:20
Expert Reviews the book "Becoming Your Own Banker" by R. Nelson Nash | The Whole Life Bible (Ch1)
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Expert Reviews the book "Becoming Your Own Banker" by R. Nelson Nash | The Whole Life Bible (Ch1)
This book appears to be the Bible for the Whole Life community so I need to read just in case there is something I'm missing!
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
Support this podcast at — https://redcircle.com/the-wealthy-idiots/donations
09:11
An Expert's Reaction To Dave Ramsey's Plan: Why It's Designed To Scare You
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Expert Reacts: Dave Ramsey's Plan is Made to Scare You!
Dave Ramsey focuses more on scaring people into doing what he thinks is the safest thing. However, this often causes people who are perfectly fine to worry when they shouldn't. The Wealthy Idiots offer a better plan for building wealth and that includes tracking to know if you are or are not on track!
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
Support this podcast at — https://redcircle.com/the-wealthy-idiots/donations
14:48
Weekly Financial News Breakdown: Stock Rally, Interest Rate Hike, Jobs Report & More
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Weekly Financial News Breakdown: Stock Rally, Interest Rate Hike, Jobs Report & More
Host of the Wealthy Idiots Show breaks down recent financial news that applies to anyone's financial journey. This week AJ covers road side spaghetti, the recent stock rally, federal reserve interest rate increases, and the April 2023 Jobs Report.
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
00:00 Introduction
00:22 Yahoo Finance: April Stock Rally
01:19 CNBC: Federal Reserve (Jerome Powell) April Interest Rate Increase
03:43 USA Today: First Republic Bank Collapse
05:53 US Department Of Treasury: Debt Limit Increase Congressional Debate
07:18 Axios: April Jobs Report | Unemployment Rate
09:40 Conclusion: Please Like and Subscribe
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09:59
Expert Reacts to Top Financial News, Dave Ramsey, and the Whole Life Bible 'Become Your Own Banker'
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Expert Reacts to Top Financial News, Dave Ramsey, and the Whole Life Bible 'Become Your Own Banker'
AJ starts a new series "The Weekly Personal Financial Report" on the Wealthy Idiots Show. In this episode, AJ responds to top financial news like the recent interest rate hike, bank collapses, the April unemployment rate report, and the general state of the economy. AJ also reacts to the youtube video of the week by Dave Ramsey "After 10 Years Of Working Your Plan, I Still Don't Feel Ahead?" Lastly, AJ reviews chapter one of the cash value whole life insurance bible "Become Your Own Banker" by R. Nelson Nash.
The Wealthy Idiots Website:
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Social Media:
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
00:00 Introduction
01:17 Personal Finance News
11:29 Expert Reacts to Dave Ramsey
26:13 Expert Reacts to Chapter 1 of "Become Your Own Banker" By R. Nelson Nash
35:06 Conclusion
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35:50
Investing For Idiots | Personal Finance in 10 Minutes (podcast)
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In this episode, DC Covers the basics of investing. Who has time to watch hours of YouTube videos or read 300 page books? In just 10 minutes, you can have the very basics of investing and hopefully gain the confidence to take your first step.
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
Music by SoulProdMusic On Pixabay
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09:56
Savings Accounts | Personal Finance in 10 Minutes
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Savings Accounts | Personal Finance in 10 Minutes (Podcast)
In this episode, DC covers the basics of a personal savings account. It's important to know how they work, the pros and cons, and when a savings account fits into your personal financial journey.
The Wealthy Idiots Website:
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Join Webull and get FREE STOCKS {Details in Link}: https://act.webull.com/promotion/invitation/share.html?inviteCode=YGUxWYdsbWwj
Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
Music by SoulProdMusic On Pixabay
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08:52
Dave Ramsey Wrong On Real Estate: Whatever You Do, Don't Do This!
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Reacting to Ramsey On Real Estate: Whatever You Do, Don't Do This!
The caller is concerned about income to protect her family. Dave Ramsey immediately ignores the callers concerns and argues for her to become debt free at the cost of her financial peace. This one dimensional thinking is why I, and so many others, cannot follow Dave's teachings.
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
Support this podcast at — https://redcircle.com/the-wealthy-idiots/donations
12:35
This is war! Financial TikTok Reaction Battle #1
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This is war! Financial Tiktok Reaction Battle #1
TikTok is a source of a great entertainment, terrible financial advice, but great entertainment nonetheless. AJ and DC scoured TikTok to find the worst financial advice to see if they blow the others mind! Who found the worst TikTok video?
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
Support this podcast at — https://redcircle.com/the-wealthy-idiots/donations
34:13
Big Brother's New Weapon? FedNow and CBDC: The Rise of Government Control Over Your Money
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The Wealthy Idiots Show
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Big Brother's New Weapon? FedNow and CBDC: The Rise of Government Control Over Your Money. The US government has a track record of attempting to spy on and control it's citizens. With the invention of Fednow and the central bank digital currency, with the government be able to track and control every monetary transaction moving forward?
Note: WI doesn't take a stance on the legality or morality of any of the events described in this video. We are simply attempting to show a pattern of government behavior when reviewing current events.
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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.
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