The Federal Reserve announced that the CPI (inflation) is not as low as they would have liked it to be. This would mean that inflation will be around longer than expected and the Fed will have to be more aggressive on interest rates. AJ covers everything that's going on and we can do about it to protect ourselves.

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SHOUTOUTS AND RESOURCES:

1. Episode Mentioned - https://www.youtube.com/watch?v=z3dWf80MHU0

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Part 2 of the interview with Brady. In this part, AJ asks about Brady's house hacking, how he got started and how that transitioned him into real estate investing.

The Wealthy Idiots Website:

https://www.wealthyidiots.com​

Social Media:

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Dave Ramsey gives an unusual response to a Real Estate Investor! Even his co-host was surprised about his new stance on Real Estate Debt. AJ reacts to this caller and gives a different answer on what this caller should do to build wealth and achieve financial independence.

The Wealthy Idiots Website:

https://www.wealthyidiots.com​

Social Media:

https://www.facebook.com/wealthyidiots​

https://twitter.com/WealthyIdiots​

https://instagram.com/thewealthyidiots

SHOUTOUTS AND RESOURCES:

1. Original Video - https://www.youtube.com/watch?v=aN2ROHmAOcw&list=WL&index=1&t=334s

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There are a number of steps needed to ensure you're ready to make offers on a home or real estate, but none more important than getting a pre-approval letter from a lender. AJ explains how this process works and updates us on his pre-approval letter for his next property!

The Wealthy Idiots Website:

https://www.wealthyidiots.com​

Social Media:

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Brady is young man who has pushed against the traditional ideas on how to become successful. AJ interviews Brady about his Real Estate Agent side hustle, how much he makes, how he got into it and how this is impacting his success.

The Wealthy Idiots Website:

https://www.wealthyidiots.com​

Social Media:

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A member of the military calls Dave Ramsey, and Dave's daughter Rachel Cruze, to ask about an ultimatum given by his fiancé. AJ reacts to the call and ends up having an even more conservative view than Dave! Who would have thought?

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Since the start of this inflationary run, we've been waiting for Jerome Powell to drop the big bomb. Last week, at the Economic Forum in Jackson Hole WY, Jerome Powell softly stated that the worst is yet to come. This infuriated a lot of top people in the media and politics. AJ breaks down exactly what's happening and what we should do about it.

The Wealthy Idiots Website:

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People believe they can't get ahead and the Biden Administration is attempting to put a bandaid on a much much bigger problem. AJ explains what is in the Student Loan Forgiveness Plan and also covers what major steps needs to be done in order to help our students for the future.

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The US government passed the "Inflation Reduction Act" which will give the IRS the funds to hire 87,000 new agents. Who are these agents coming for? And how do the wealthy avoid being audited...or even taxed at all? AJ reveals the secrets the wealthy use to get around the tax code.

The Wealthy Idiots Website:

https://www.wealthyidiots.com​

Social Media:

https://www.facebook.com/wealthyidiots​

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