The Practical Wealth Show

In this episode, Brent Turner and I discuss basically three areas in which we help them find money that they're losing unknowingly and then necessarily.

The ThirdBox Process™ creates a competition-free zone in the client's mind that only you live in. Learn to uncover the millions of dollars people are losing over their lifetime and implement strategies to stop these losses.

In this episode, you'll discover:

• What is ThirdBox?
• Why are they have a whole other level of service
• Planning Strategies for your businesses

Thanks for tuning In!

Thanks so much for being with us this week. Have some feedback you'd like to share? Please leave a note in the comments section below!

If you enjoyed this episode on the function of time in your financial planning, please share it with your friends by using the social media buttons you see at the bottom of the post.

Don't forget to subscribe to the show on iTunes to get automatic episode updates for ours, The Practical Wealth Show!

And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show and I make it a point to read every single one of the reviews we get.

Please leave a review right now: https://www.podpage.com/the-practical-wealth-show/

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Coffee connects with Curtis:
• https://aptwithcurtis.as.me/coffeeconnect
• Connect with Brent Turner
• https://brentturner.net/the-what-if-scenario/
• https://thirdboxadvisors.com/
• https://www.linkedin.com/in/brent-turner-75519486
• Special Listener Gift: Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession Show Notes
• The freedom of entrepreneurship
• Different ways to learn how to find the money you're losing
• The different benefits of third box advisors for business owners
• Cash flow management for business owners
• Identifying financial collateral damage for business owners
• What is the lost opportunity cost?
• Common issues faced by business owners
• Strategies for maximizing efficiency in a business
• The consequences of misinformation in business decisions
• Analyzing tax implications of retirement savings
• Impact of retirement distributions on taxation and medicare costs
• Financial MRI and tax deferral strategies
• Changes to Required Minimum Distributions for retirement accounts
• Value of financial planning for retirement
• Transferring business ownership and working remotely
• Leaving a legacy of wealth and wisdom

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This episode is a short discussion about wealth capture. Your number one asset is you. And so, what do you invest in your mindset, your skill set, and your network who you know, and most importantly, who knows you? And so, our goal, as we call it in our system, is a cashflownaire and get to the glorious position of FU, which is passive income greater than expenses. So, you have to know, if you want to become financially-free, you should feel that financial freedom is a capability. Curtis wants you to save 15 to 20% of your income.

"If you have not acquired more than a bare existence in the years since we were youths, it is because you either have failed to learn the laws that govern the building of wealth, or else you do not observe them."

Thanks for tuning In!

Thanks so much for being with us this week. Have some feedback you'd like to share? Please leave a note in the comments section below!

If you enjoyed this episode on the function of time in your financial planning, please share it with your friends by using the social media buttons you see at the bottom of the post.

Don't forget to subscribe to the show on iTunes to get automatic episode updates for ours, The Practical Wealth Show!

And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show and I make it a point to read every single one of the reviews we get.

Please leave a review right now: https://www.podpage.com/the-practical-wealth-show/

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Coffee connects with Curtis: https://aptwithcurtis.as.me/coffeeconnect Special Listener Gift
• Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession Show Notes
• The benefits of investing in yourself
• Four rules to keep in mind when it comes to keeping your money
• Steps to start capturing wealth
• The difference between budgeting and forecasting your money
• Defining what is a wealth capture or a wealth coordination account
• How you can make your money work for you
• What the holistic planning process is all about

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 Stitcher
• Click here to subscribe with RSS

This episode is a short discussion about the function of time in your financial planning.

The following things were discussed:

• Exploring how powerful the time
• What are the issues and roles of compounding, accumulation in time and financial future, and your financial future?
• How much time do you have and creating a Cash Flow

Thanks for tuning In!

Thanks so much for being with us this week. Have some feedback you'd like to share? Please leave a note in the comments section below!

If you enjoyed this episode on the function of time in your financial planning, please share it with your friends by using the social media buttons you see at the bottom of the post.

Don't forget to subscribe to the show on iTunes to get automatic episode updates for ours, The Practical Wealth Show!

And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show and I make it a point to read every single one of the reviews we get.

Please leave a review right now: https://www.podpage.com/the-practical-wealth-show/

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Coffee Connects with Curtis

Special Listener Gift Schedule a 15-Minute Call with Curtis Creating a Mindset that Leads to Lifestyle Liberation

Show Notes

• What is the function of time in financial planning?
• The Accumulation Theory: Is it true or is it flawed?
• Accumulation as a function of time
• Reaching financial success during retirement
• The roles of compounding and accumulation in time and your financial future
• Creating a cash flow

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 Stitcher
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In this episode, George Liu and I discuss generating multiple six figures a year by working an hour a day.

So if you want to know how to run a profitable business, how to triple your revenue in 3 weeks, and how to make and have more time so you can generate multiple six figures a year working an hour a day, tune in now!

In this episode, you'll discover:

How Gym Owners Are Adding $30k In 90 Days, Risk-Free, Without Wasting Money On Ads Or Chasing Leads Down.

• Rebound from bankruptcy to generating $15K a week
• Generate multiple six figures a year working an hour a day
• Easily add $10K a month in additional revenue
• Land 41 new yearly contracts at $200 a month
• Triple their revenue in 3 weeks

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Coffee Connects with Curtis
• Connect with George Liu
• https://www.gympillarsllc.org/90dayht_booking
• https://www.linkedin.com/in/georgel1022

Special Listener Gift Schedule a 15-Minute Call with Curtis Creating a Mindset that Leads to Lifestyle Liberation

Show Notes

• Introducing George Liu, the Profit Specialist for gym owners
• His immigrant experience and how it helped his career
• Transforming life through fitness and education
• Investing in mindset and skillset for success
• The story behind his journey in business and marketing
• The power of advertising
• How he helped struggling gym owners during the pandemic
• The challenges of serving as a marketer in the fitness industry
• Building a strong foundation and taking risks for success
• The myths behind being a gym owner
• Leveraging systems to achieve success in the gym and fitness industry
• The challenges of achieving success
• Business strategies for trainers stuck in a rut
• The mental trap of learned helplessness
• Fighting limitations and positioning yourself in the marketplace
• How he understands people in the business
• Marketing strategies in crafting an effective direct response
• The difference between businesses that fail and thrive
• Transitioning from a self-centered to a service-oriented business mindset
• Helping gym owners reach their goals
• How you can leverage your business for growth
• Navigating equity and financial planning for entrepreneurs

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 Stitcher
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In this episode, Stephen Sacks, Founder of Funding Nav, and I discuss dominating your industry by acquiring your competitors without spending your own money.

So if you want to raise some needed funds without giving away equity, dominate your industry by acquiring your competitors without spending your own money, and implement the eight value drivers so you create an asset you can sell at a premium so you can know how to dominate your industry, tune in now!

In this episode, you'll discover:

• Taking advantage of the free £200 billion in loans available to small businesses
• Dominating your industry by acquiring your competitors without spending your own money
• Implementing the eigh value drivers so you create an asset you can sell at a premium
• Increasing the value of your business by making everything replaceable

Learn more about how you can improve your results with creating a scalable system with Funding Nav.

Who's The Guest? Stephen Sacks is the founder of Funding Nav. He worked for 30 years in the fashion industry and created a brand that was being sold in over 30 countries generating £30 million a year in revenue before being acquired.

Stephen is passionate about helping businesses to grow and become more successful by sourcing the right funding for them. With over 30 years' business and commerce experience, he can help you unlock the cash available to your business and assist your company to grow at an accelerated rate.

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Coffee Connects with Curtis
• Connect with Stephen Sacks
• https://fundingnav.com/
• https://uk.linkedin.com/in/stephensacks

Special Listener Gift Schedule a 15-Minute Call with Curtis Creating a Mindset that Leads to Lifestyle Liberation

Show Notes

• How Stephen Sacks is helping other people
• The transition from running a bigger company to starting his very own business
• Five different ways how they help businesses
• How you can acquire a competitor without spending your own money
• Successful acquisition of a logistic trucking business in the UK
• Exploiting unleveraged assets to create your multi-millionaire status
• Value drivers for business growth
• Strategies for business success in a recession
• Opportunities for secured debt funding for small businesses
• Increasing the value of a business by making everything replaceable
• Retirement and loving what you do
• Benefits of working in retirement
• Investing in yourself for financial success

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 Stitcher
• Click here to subscribe with RSS

In this episode, I'm with my good friend Robyn Smith Haynes.

Robyn is a single mom of two beautiful girls who decided about five years ago to walk away from her marriage. She knew how to do taxes. She had been doing it for her friends. A few years ago, she got certified, and then came the pandemic. So with that, it was like word of mouth got around and everybody's like, well, if you can't go to the place where you normally get your taxes done, Robin can do your taxes for you.

She has two Bachelor of Science degrees in Information Technology. She is a network analyst for a county government in the IT department, and her small business is growing!

It has shown me and a lot of my clients, who mostly are small business owners or they have some type of side hustle or gig work that they do, that it is possible to do your taxes properly and pay as less as possible because her philosophy is let's zero out your tax debt and maximize your refund. And as per her, everybody doesn't get a refund. Everybody's situation's different. But to the best of our ability, you gotta make sure that you get what's due.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Who's The Guest? Robyn Smith Haynes is a single mom of two beautiful girls. She has two Bachelor of Science degrees in Information Technology and is working as a network analyst for a county government while helping other people with their taxes.

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Coffee Connects with Curtis
• Connect with Robyn Smith Haynes
• [email protected]

Special Listener Gift Schedule a 15-Minute Call with Curtis Creating a Mindset that Leads to Lifestyle Liberation

Show Notes

• Who is Robyn Smith Haynes?
• Tax preparation for W2 workers and business owners
• Understanding taxation and filing W4S correctly
• What are penalties, interests, and IRS regulations
• Understanding gig worker tax returns
• What are the tax benefits of home-based businesses?
• Business accounting practices that you should know about
• Business expense justification and separate account creation
• Documenting an annual meeting for a business trip
• How tax preparation works
• Tax deductions and documenting business expenses
• Managing cash flow and documenting for tax purposes
• Business entity formation for sole proprietors
• Benefits of listening to the "How to Become the Bank" Podcast
• Tax extension and increasing your income
• The necessity of taking careful financial steps to avoid bankruptcy

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 Stitcher
• Click here to subscribe with RSS

In this episode, I'm with my good friend Terri Brown. She is a real estate investor, developer, general contractor, coach, and professional speaker. She is a serial entrepreneur with all of her companies operating with a service impact model.

We talked about financial independence, wealth exposure, and access to individuals and communities that are otherwise disenfranchised and distressed. Terri's goals are to provide encouragement, education, and empowerment with every individual and community engagement opportunity. She embodies the essence of resourcefulness and resilience.

She is an expert in the following:

• Construction Management
• Buy and Hold
• Wholesaling
• Creative Financing

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Who's The Guest? Terri Brown is a real estate investor, general contractor, and coach, and professional speaker. She is a serial entrepreneur with all of her companies operating with a service impact model.

Terri has over 15+ years of investing, rehabbing, buying holds, fixing, and flipping projects.

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Coffee Connects with Curtis
• Connect with Terri Brown
• https://btltmr.com/
• https://built-to-last-solutions.mailchimpsites.com/ Upcoming Events
• January 18th at 7 pm: Deep Pockets Over Debt - Free Webinar: Registration link
• January 21st Real Estate Made Easy Masterclass - Discount Code for my viewers: RME200 at checkout
• February 18th WIRE/BTS Event - Convo on Construction and Contracting: Registration link
• Seeking a Real Estate Community To Thrive In: www.betterthansuccess.com (use "terrib" at checkout for a deep discount on membership)

Special Listener Gift Schedule a 15-Minute Call with Curtis Creating a Mindset that Leads to Lifestyle Liberation

Show Notes

• Get to know the guest: Who is Terri Brown?
• Common real estate investing mistakes people are making
• Important real estate vocabulary that you should know
• Real estate investing tips and strategies to make your money work for you
• Benefits of hiring a coach or mentor
• Difference between mentors and coaches in real estate investing
• The potential of financial freedom
• Reflection on abundant life
• Transforming your attitude and actions to achieve financial success
• Benefits of mental and emotional intelligence in wealth generation and daily interactions
• Having a defined aim
• Impact of having a poverty mindset on your financial habits
• How you can uplevel your real estate investments through different strategies
• Starting with having a plan and taking action
• Exploring real estate investment opportunities with built-to-last solutions
• Increasing the ability to earn and solving problems for profit

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 Stitcher
• Click here to subscribe with RSS

In this episode, Patrick Yip and I discuss why investors should consider owning precious metals.

If you want to know why gold is relevant, if crypto is the new gold and if gold is a good investment so you can know how to position your portfolios during an inflationary environment, tune in now! In this episode, you'll discover:

"Why should investors consider owning precious metals"

• How should investors position their portfolios during an inflationary environment?
• Why should investors consider owning precious metals?
• What are the various ways to own precious metals and their pros and cons?
• What trends are you seeing in the precious metals industry?

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Who's The Guest? Patrick Yip is an expert in where gold fit into your portfolio. He serves as the Director of Business Development at APMEX and OneGold.

APMEX is one of the largest retailers of physical gold, silver, platinum, and palladium, and has sold over $15 billion in products over its 20+ year history. OneGold is a fast growing online precious metals platform that has processed over $750 million in transactions during its first three years in business. Mr. Yip joined APMEX in 2011 and has held roles in Merchandising, Sales, Project Management and Business Development. He played a key role in the company's 250%+ growth on marketplaces such as eBay, Amazon, and Walmart.

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Coffee Connects with Curtis
• Connect with Patrick Yip
• https://www.onegold.com/
• https://www.linkedin.com/company/apmex-inc/

Special Listener Gift Schedule a 15-Minute Call with Curtis Creating a Mindset that Leads to Lifestyle Liberation

Show Notes

• Getting to know who Patrick Yip is
• Why precious metals should be a part of your portfolio
• Expectations with inflation in the US in the coming years
• What are the pros and cons of investing in gold?
• Gold as an investment in inflationary times
• Pros and cons of owning physical gold
• Buying and owning gold made easy: How Apmex works
• What to expect with investing in gold for the years to come
• What is the precious metals reward card?
• How to find out more about precious metals and Patrick Yip

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 Stitcher
• Click here to subscribe with RSS

In this episode, Natalie Kolodij and I discuss Multiple ways to generate Tax-Free Income with real estate.

So if you want to Avoid the most common Real Estate Tax Mistakes, Understand your tax return and what questions to ask your Tax Advisor, and how to save on taxes by employing your children so you can learn Multiple ways to generate Tax-Free Income with real estate, tune in now!

In this episode, you'll discover:

"Avoiding the most common Real Estate Tax Mistakes"

• Numerous Tax benefits of real estate
• Understanding your tax return and what questions to ask your Tax Advisor
• Creating Generational Wealth through Employing your children
• Stop your planning for Tik and IG and learn to dig deeper

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Who's The Guest? Natalie Kolodij is an IRS Enrolled Agent and Real Estate Tax Strategist™. She's worked exclusively with real estate investors since 2017 and cultivates tax strategies for those who are building wealth through real estate. She started her investing journey by flipping mobile homes to resell on owner financing and now focuses on buy and hold.

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Coffee Connects with Curtis
• Connect with Natalie Kolodij
• https://www.kolotax.com/
• https://www.youtube.com/channel/UCofp5qyVGbdVcCR3yV0l15A
• https://www.instagram.com/re_tax_strategist/
• https://www.facebook.com/Kolotax/
• https://www.linkedin.com/in/nkolodij

Special Listener Gift Schedule a 15-Minute Call with Curtis Creating a Mindset that Leads to Lifestyle Liberation

Show Notes

• Who is Natalie Kolodij?
• How she got started in the field
• Benefits of real estate investing
• Why should you hire a tax professional for your business?
• Pros and cons of investing in a 401k
• Different types of real estate investments and their tax implications
• Tax benefits for rental properties
• Things to look out for when hiring a tax professional
• Types of costs that you may encounter when renting out a property
• Cost segregation for real estate renovations
• Different types of real estate tax benefits
• Employing your children
• Benefits of paying your kids to work for your business
• Paying for a salary versus giving an allowance
• Setting up payroll and filing taxes for kids at work
• Income shifting for real estate investors
• Withholding the right amount of taxes
• Understanding your taxes
• Why should you file your taxes early?
• How to reach out to Natalie

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 Stitcher
• Click here to subscribe with RSS

In this episode, I'm with George Waters. Together, George and I discussed how to start from zero to 6 figures with Turo and similar hosting platforms.

So if you want to know how to get started, what types of cars work best, and how to scale using other people's money so you can replace your job income, tune in now!

In this episode, you'll discover:

"Building a car sharing"

• How to get started
• How to buy the cars
• What is the start-up cost
• Do you need an LLC
• How many hours does it take per week

George Waters AKA @thewealthyg is a former wall street financial advisor who built multiple income streams while in Corporate America including investing in real estate renting out vehicles on apps like Turo. Just this year, at age 28, George left Corporate America behind after scaling his businesses to a point where they outperformed his job. Now, he continues to grow his businesses while teaching hundreds of others around the country strategies on leveraging business credit to launch their own car rental businesses and purchase their first or next rental property via a strategy called house hacking without having thousands in start-up capital.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Coffee Connects with Curtis
• Connect with George Waters
• https://www.instagram.com/thewealthyg/
• https://www.thewealthyg.com/
• Learn more about how you can improve your results by building a car rental business here: Building A Car Rental Business
• Discount code RTP

Special Listener Gift Schedule a 15-Minute Call with Curtis Creating a Mindset that Leads to Lifestyle Liberation

Show Notes

• Who is George Waters?
• Getting started with the car rental system
• How he started going full-time
• Scaling his car rental business
• How to get into the car rental business
• Making money with rental cars
• Automating your business for more time and money
• The advantages of automating your business
• Two ways to getting approved for a loan
• LLC versus a non-LLC: The benefits of creating an LLC for your business

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 Stitcher
• Click here to subscribe with RSS