Be Wealthy

Things The Rich Buy That Make Them Richer


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๐ŸŽฏ JOIN THE BE WEALTHY MASTERMIND

Want to join a room of entrepreneurs who think bigger about money? Go to bewealthypodcast.com and click Apply Now.

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5 Things The Rich Buy That Make Them Richer


Part 2 of where the wealthy actually spend their money. Brett and Katelyn run through 5 more categories that look like overspending until you do the math.


The Gary Keller conference table that's outlasted every other piece of furniture in his office. Why Brett drives a Tesla. The $1,000 Costco run at 21 that bought back Brett's time. The Belize trip Brett gifted Katelyn becuase memories pay dividends and stuff doesn't. And the Brett quote that lands hardest: "The most expensive line item in your life isn't your mortgage. It's the network you're not building."


If you missed Part 1, watch it first. We covered time, health, learning, kids, and trusted advisors over there.

๐Ÿ‘‰ Part 1: https://www.youtube.com/watch?v=qSEHMw-E6DE


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โฑ TIMESTAMPS

0:00 Intro and the 5 categories wealthy people pay more for

1:25 Quality and reliability: why broke people buy 3 cheap versions and wealthy people buy 1

4:36 Why Brett drives a Tesla and what it actually buys back for him

7:35 The Yeti, the Tumi suitcase, and the Mercedes lease Katelyn traded in

13:45 Warren Buffett's cigar-butt investing and the Charlie Munger flip that changed it

15:50 The $1,000 Costco run at age 21 that bought back Brett's time

18:09 Experiences not things and the memory dividend that compounds like a stock

30:30 "Buy memories, not sh*t" - Brett's anchor on what real wealth actually pays for

32:17 Hospitality and relationships: host the table or eat alone

41:33 Your real biggest expense isn't your mortgage, it's the network you're not building

42:08 Proximity and environment: the office Brett bought in 2010 when Wall Street said only morons would

47:43 Privacy and structure: Wyoming LLCs, TSA PreCheck, and why real wealth whispers

53:19 The "I can't afford it" lie and the Aladdin Factor question that replaces it


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๐Ÿ“š BOOKS & RESOURCES MENTIONED

- The Millionaire Next Door by Thomas J. Stanley

- The Snowball by Alice Schroeder

- Die With Zero by Bill Perkins

- The Aladdin Factor by Mark Victor Hansen


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๐Ÿ”— GET CONNECTED

Website: www.BeWealthy.com

YouTube: youtube.com/@bewealthybrett

Instagram: instagram.com/bewealthybrett

Facebook: facebook.com/brettbewealthy

X/Twitter: x.com/bewealthybrett


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๐ŸŽ FREE RESOURCES

Some links below are partner or affiliate links. Be Wealthy may earn a commission at no extra cost to you.


Free Tools & Downloads: https://www.bewealthybrett.com/resources

Cost Segregation Studies & 45L Tax Credit: SingleFamilyCostSeg.com

Infinite Banking Education: SaveLikeaBank.com

Self-Directed IRA: MaxOutRetirement.com

Trust & Entity Structure: SetupMyEstate.com

Off-Market Deals & Direct Mail: TheMagicMailers.com

1031 Exchange: Exchange1031Now.com

Bookkeeping & Financial Services: BooksOffMyPlate.com

PPC & Digital Marketing for RE Investors: ScaleMyDeals.com


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๐ŸŽ™ ABOUT THE SHOW

The Be Wealthy Podcast brings entrepreneurs the strategies to grow their business, then teaches them how to think about their money. Because wealth is far more than money. It's freedom. Hosted by Brett Tanner & co-pilot Katelyn Mitchell.

Mission: Get Free.


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โš ๏ธ DISCLAIMER

Be Wealthy and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational and entertainment purposes only. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

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Be WealthyBy Brett Tanner

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