The steam engine was among the first major innovations of the industrial era, and also one of the first monopolies in our nation’s history. On this edition of our MoneyTalk Moment in Financial History, Nathan and Daniel take us through the history of the steam engine from the innovations of James Watt, to the monopoly that fed the early growth of the Industrial Revolution, they explore how steam power reshaped industries, transportation, and society itself. Also on MoneyTalk, budgeting best practices, and some unique takes on retirement living. Host: Nathan Beauvais, CFP®, CIMA®; Special Guest: Daniel Sowa; Air Date: 7/23/2025; Original Air Dates: 5/24/2023 & 10/24/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!

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