The Practical Wealth Show

In this episode, I have interviewed Aimee Griffin. She is the Life and Legacy Counselors of The Griffin Firm is a business and estate practice firm with offices in Washington DC, Prince George's County MD, Arlington VA and serves Massachusetts, New Jersey and Pennsylvania. We are committed to economic empowerment and strategic alliances to create, protect, and transfer wealth.

Highlights

• Aimee Griffin's firm and her commitment to economic empowerment
• The importance of structured planning around what could happen to your wealth before you build your empire
• The need for financial and healthcare planning documents even at the age of eighteen
• How a will directs the probate court process
• The challenges of leaving large sums of money to children without any instruction or restrictions
• Purpose and importance of trusts and the ramifications of creating them without legal expertise
• How trusts can be tailored to reflect the values and intentions of the person setting it up
• The need for a collaborative approach between financial advisors, estate planning attorneys, insurance professionals and accountants for successful estate planning
• Aimee's community events and free webinars aimed at financial education
• Significance of applying the knowledge gained and being transformational for the future generations

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with Aimee Griffin
• [email protected]
• https://www.lifeandlegacy.law/
• https://www.linkedin.com/in/aimeedgriffinesq
• Special Listener Gift Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

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In this episode, I have interviewed Dr. Rob Scranton, who teaches people how to use their current debts and expenses to grow their wealth outside of the traditional approaches like scrimping, saving, and denying themselves the lifestyle that they want. Не leverages his extensive background in accounting, finance, and his experience as the former chief financial architect of a cutting-edge financial firm to offer a unique perspective on a highly effective financial strategy known as the Infinite Banking Concept, or IBC. With over two decades as a serial entrepreneur, Dr. Rob combines his expertise to showcase the power of this little-known approach.

The reason Infinite Banking is so effective is because it predates the Internal Revenue Service and the tax code, preventing the government from lawfully seizing wealth accumulated through this method.

Highlights

• Dr. Robert Scranton begins to share a bit of his background, explaining how he transitioned from working in accounting and finance to becoming a chiropractor and entrepreneur.
• Dr. Scranton discusses the importance of certainty in planning for the future. He shares a client case study where, through the infinite banking concept, they were able to forecast a guaranteed future income for their client.
• The hosts discuss how the infinite banking concept allows individuals to have a certain outcome if they follow the appropriate steps—establishing a more focused savings and retirement plan.
• The hosts observe that many people lack access to capital as they do not save, but instead put money at risk and give up control over it. They add that the best place to store liquidity is in a properly structured dividend-paying whole life insurance.
• The hosts critique Wall Street and the government, arguing that the industry aims to keep people from managing their own money.
• Infinite banking is not a product but a process. They underscore its advantages, remarking that it allows individuals to 'earn' in two places at the same time with the same dollar—a feature lacking in other financial instruments.
• The growth of their agencies due to the increasing demand for knowledge on infinite banking, with clients eager to learn more about this revolutionary technique.

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis:
• https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping:
• https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with Robert Scranton
• [email protected]
• https://yourfinancialiq.org/about-us/
• Special Listener Gift Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

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• Click here to subscribe with Spotify
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In this episode, I interviewed Alvin Scioneaux, Jr. who is a force of diverse passions and talents. He was born and raised in St. John Parish, Louisiana and currently a real estate investor and author. He previously worked for 8 years as an Aerospace Engineer with a Master's Degree in Mechanical Engineering from San Diego State University. He serves on the regional executive board for the National Society of Black Engineers while also being a traveling public speaker, where he engages with various schools and programs. In his career prior, Alvin was an All-American student-athlete who majored in Physics at Wofford College, then moved onto being an NFL linebacker with the LA Chargers. He transitioned to serving as a Fitness Coach, helping people on their fitness and nutritional journey, as well as a Model & Actor, working on various promotional and commercial projects. Alvin has gone from receiving over $2 million dollars in scholarships, being inducted into his collegiate Hall of Fame, and playing in the NFL to now philanthropy, giving back towards scholars and athletes, while running a multi-million-dollar real estate business. He is also a proud executive member of Omega Psi Phi Fraternity Inc. and the NFL Players Association.

Highlights

• Alvin's experience of balancing demanding academic studies with being a college athlete, shining light on the discipline and focus required
• The importance of athletes adopting a prudent lifestyle and investing their high earnings wisely, leveraging real estate investments
• The key focus areas for growth: Expanding knowledge and enhancing networks
• His disciplined lifestyle and approach and the importance of being in the right room, around the right people to elevate oneself
• Patterns they have noticed among successful athletes
• The importance of protecting assets once they've been acquired
• Significance of starting early when it comes to athletes managing their money, particularly at the college level

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with Alvin Scioneaux, Jr.
• Guide to Passive RE-Investing: https://www.financialathletecapital.com/
• Imperium Fortune: https://www.imperiumfortune.com/
• LinkedIn: https://www.linkedin.com/in/alvinscioneaux
• YouTube and Instagram: @a1scioneaux
• Special Listener Gift
• Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

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In this episode, Curtis May sits down with Tim Lyons, the co-founder and managing partner of Cityside Capital, along with his brother Greg. He is a Registered Representative of Phase One Financial Services, LLC, a broker-dealer based in New York City (member FINRA/SIPC). Tim holds the Series 82 and 63 licenses and is focused on raising capital for multifamily, self-storage, and industrial assets that provide great risk-adjusted returns, tax advantages, passive income, and equity upside.

Highlights

• Managing dual careers
• The journey to asset accumulation.
• Needing a change in strategy
• The step by step journey to wealth creation through real estate
• Benefits of leveraging financing for asset acquisition
• The process of deal selection in Cityside Capital
• Importance of good deal structure in real estate
• The five freedoms: financial, time, relationship, purpose, and geographical
• The importance of education in personal finance
• Why you should take stock of the year and prepare for the new year

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with Tim Lyons
• LinkedIn: https://www.linkedin.com/in/tim-lyons-cityside-capital/
• Twitter: https://twitter.com/Tim_CitysideCap
• Facebook: https://www.facebook.com/tim.lyons.712/
• https://www.facebook.com/Citysidecap/
• Special Listener Gift Schedule a 15-Minute Call with Curtis:
• https://aptwithcurtis.as.me/Strategysession

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

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• Click here to subscribe with Apple Podcasts
• Click here to subscribe with Spotify
• Click here to subscribe with RSS

Curtis May discusses the concept of becoming your own bank through privatized banking systems. Curtis reaffirms his company's, Practical Wealth Solutions, commitment towards helping people set these systems up. His firm utilizes properly structured dividend-paying whole life insurance as a means of storing cash. Curtis heavily discourages the notion of chasing rates of return, instead he encourages listeners to strive for uninterrupted compounding through a system similar to the Banking Life Cycle, which includes earning, banking, borrowing, spending, and repaying oneself.

Highlights

• Common misconceptions seen on the internet about infinite banking
• Curtis' favorite books on financial planning
• How infinite banking works and the misconception that it is a wealth creation tool
• The importance of understanding the process of banking regardless of the rates of return or spreadsheets
• Why you should not focus on products but rather on understanding the process of banking
• The conventional wisdom on earning money, categorizing it as the "debt paradigm"
• His financial strategy, which involves earning, banking, borrowing against your bank, spending it wisely and repaying from your cash flow
• The need to repay debts and investments, warning listeners not to "steal the peas"
• Why you should start reading "Rich Dad Poor Dad" for understanding how to start earning money, manage cash flows and save profits

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Special Listener Gift Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

Make sure you're subscribed to the podcast so you get the latest episodes.

• Click here to subscribe with Apple Podcasts
• Click here to subscribe with Spotify
• Click here to subscribe with RSS

In this short episode, you'll understand the concept of the four pillars of financial security where I discussed the following:

• Savings: Building a financial cushion through regular savings
• Insurance: Protecting against unexpected expenses with various insurance coverage
• Investing: Growing wealth over time through strategic investment decisions
• Debt Management: Minimizing and responsibly handling debts to ensure financial stability and freedom
• Legacy of Wealth and Wisdom

Highlights

• The importance of asking oneself, "What do you want and why?" in financial planning
• A sequence of steps to move from financial dependence to financial freedom
• The importance of having cash and capital in case of emergencies
• The four pillars of a strong personal economy

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Special Listener Gift Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

Make sure you're subscribed to the podcast so you get the latest episodes.

• Click here to subscribe with Apple Podcasts
• Click here to subscribe with Spotify
• Click here to subscribe with RSS

Kyle Christensen and I explored the natural tendencies that can hinder our path to financial freedom and discussed how we can overcome them. Let's delve deeper into these natural tendencies and explore strategies to break free from their grasp.

This explores several key points:

• Instant Gratification
• Fear of Risk
• Comfort with Familiarity
• Lack of Financial Education
• Social Pressure

This practical insight on overcoming these tendencies offers suggestions for adopting healthier financial habits. He encourages us to prioritize financial education, embrace calculated risks, and shift our mindset toward long-term financial success.

Tune in now!

Highlights

• The decision to start the show on discussing principal-based planning was triggered by the financial noise circulating in the market.
• Debate regarding the real intentions of financial institutions with regards to their clients.
• Connection between the ability to read numbers (financial literacy) and the ability to identify the best investments.
• Discussion on how risk is associated with the level of knowledge one possesses about the subject.
• One more natural tendency people possess is to delegate responsibility rather than holding themselves accountable for their financial decisions.
• Disclosure about the business model of financial institutions and the importance of developing one's own investing strategy.
• The impracticality of creating 20 or 30 year plans.
• Discussion on 401Ks and the impossibility of knowing when you'll achieve financial freedom.
• Explanation of the velocity method and why financial institutions prefer it to compounding interest.
• Emphasizes on the need for people to engage and think systematically about their finances.
• Talks about the aim of their financial planning approach, striving to change the way financial planning is done.

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with Kyle Christensen
• [email protected]
• Check out this great book Principles Based Planning: https://amzn.to/3t9utDc
• https://www.linkedin.com/in/kyle-christensen-45788b3b
• Special Listener Gift
• Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

Make sure you're subscribed to the podcast so you get the latest episodes.

• Click here to subscribe with Apple Podcasts
• Click here to subscribe with Spotify
• Click here to subscribe with RSS

In this short episode, I went live and talked about how the principles-based planning works and how properly structured dividend-paying whole life is a tactic that gives you a certain path to wealth creation. I also tackle how important it is to have an organized and strong cash flow.

Please visit our website: www.practicalwealth.net/. Tune in now!

Highlights

• First principle: Saving 15% of your gross income
• Importance of liquidity and understanding basic economic principles
• Advocacy for investing in cash flow instead of nest eggs
• The three rules of investing
• Why you should start creating an emergency fund
• The importance of understanding financial philosophy
• Steps toward attaining financial independence
• The concept of economic childhood, the reliance on a single source of income, and the restrictions of the wage-earning model
• Focus on becoming a financial master or "Jedi"
• Advocacy for setting short-term goals and measuring progress backward
• The importance of a financial plan or map.

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Special Listener Gift Schedule a 15-Minute Call with Curtis:
• https://aptwithcurtis.as.me/Strategysession

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

Make sure you're subscribed to the podcast so you get the latest episodes.

• Click here to subscribe with Apple Podcasts
• Click here to subscribe with Spotify
• Click here to subscribe with RSS

In this episode, I'm honored to interview Tyler King, the Founder of my favorite CRM which is Less Annoying CRM. We discussed the very essence of nurturing customer relationships. Tyler's visionary approach to CRM (Customer Relationship Management) has revolutionized the way businesses engage with their clientele. He shares his profound wisdom on creating not just customers but genuine advocates and partners. Learn how to establish trust, build lasting connections, and make your customers feel truly valued by using their application.

We explore how he began creating CRM technology, the secrets to effective communication, and the power of a customer-centric approach in a digital age. Whether you're an entrepreneur, a seasoned business owner, or someone passionate about enhancing customer relationships, this episode is a goldmine of practical insights and inspiration. Join us as we unlock "The Power of Customer Relationships" with the exceptional Tyler King, and empower yourself to transform your business through the magic of authentic customer connections that are automated and you can access anytime anywhere.

Highlights

• Tyler's background in developing software and how it led him to create Less Annoying CRM
• How Curtis uses Less Annoying CRM with his assistant for scheduling and tasking.
• How a CRM increases one's business' value
• Ways users can link Less Annoying CRM with Google Calendar and MailChimp
• Different CRM platforms that you can use for your business
• Less Annoying CRM offers: Free, unlimited phone support to help personalize the CRM to a user's specific business
• Curtis' business strategy, which is broken down into lead generation, data management, and relationship building

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with Tyler King
• GET THE EXTRA FREE MONTH ADDED TO YOUR TRIAL: www.lessannoyingcrm.com/invite/1D48F
• https://www.lessannoyingcrm.com/
• https://www.linkedin.com/in/tylermking
• Special Listener Gift Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

Make sure you're subscribed to the podcast so you get the latest episodes.

• Click here to subscribe with Apple Podcasts
• Click here to subscribe with Spotify
• Click here to subscribe with RSS

In this episode, Curtis May sits down with Monica, an Early Childhood Educator, with more than 20 years in the field who is passionate about adult-child engagement. Among her goals is that every child has an adult who can read and talk with them, which increases vocabulary and comprehension. She is also the author of The Ice Cream Man Is Coming and Our Family Is Different. Both books aim to share the joy of reading for young children, which is the highlight of this episode.

Highlights

• The importance of early literacy, the problems that arise from not reading early, and the positive impacts of instilling love of reading into children
• The construction of libraries in West Philly and the importance of children having a foundation for reading before starting school
• Difficulties many children face in catching up academically if they start school without basic reading skills or even a love for reading
• Crucial role of parenting in a child's education and the need to understand that all children have unique learning styles
• The importance of allowing children to select books that cater to their interests to foster their love for reading and expand their vocabularies
• Encouraging children to create their own stories, promoting parent-child interactions and creativity while building confidence and a love for reading
• The website where all three of Monica's books can be found

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with Monica Allison
• https://my.epublishyou.com/monicaallison
• [email protected]
• Special Listener Gift
• Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

Make sure you're subscribed to the podcast so you get the latest episodes.

• Click here to subscribe with Apple Podcasts
• Click here to subscribe with Spotify
• Click here to subscribe with RSS