Want to build wealth? Want to be successful?
What you shouldn’t do is just as important as what you should do, according to JP Morgan Wealth Management’s Naftali Horowitz, who advises multi-millionaires on how to invest and grow their wealth. 
Buckle up for a fascinating episode.
Naftali's book "You Revealed: A Torah path to a Life of Success" can be found here: https://amzn.to/36fxXbK
Please note: this book was written predominately for an observant Jewish reader.
(Due to high demand the book sells out quickly but is usually back in stock within one week)
To reach Naftali send an email to:  naftali@livingsmarterjewish.org DO NOT email his work email. None of those emails will be answered.
Sponsor: LivingSmarterJewish.org, your hub for financial management resources. 
Produced by LivingLchaim.com Hosted on Acast. See acast.com/privacy for more information.

Wanna Build Wealth? Avoid These Money Mistakes (Feat. Naftali Horowitz)

Living the life of an Orthodox Jew in the 21st Century often necessitates a very significant income. Unfortunately, many are struggling to keep up.
The Problem Is Bigger Than We Realize The cost of life for an Orthodox family with children can range from $150,000 to $350,000 or more, depending on city and schools of choice, lifestyle choices and number of children.
The median income in America is $68,000 per family.
This means that a family would potentially need to be in the top 5% of all income earners in the United States simply to get by!
The Solution Solving this challenge begins with an open dialogue to create awareness and education and allowing for impactful feedback and interaction.
Kosher Money aims to be a pivotal piece in creating this much-needed conversation.
Eli Langer was the former CNBC Social Media Producer and is currently the CEO of Harvesting Media. Each week, Eli sits down with experts to discuss various topics.
This is an original podcast by Living Lchaim and its partnered-sponsor is Living Smarter Jewish. Hosted on Acast. See acast.com/privacy for more information.

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Management

How can the Jewish community live with wealth without the addiction of consumption jeopardizing our mental health?
Meet Dr. Debra Alper who wrote a fantastic article on the topic here: https://18forty.org/articles/affluence-money-mental-health/
We had an enlightening conversation with Dr. Alper, a seasoned clinical psychologist, who dives deep into the complex relationship between financial stress and mental health.
She sheds light on how societal pressures and personal financial management can significantly impact our psychological well-being. She offers practical advice for families on educating young adults about finances without instilling fear.
She explores the concept of self-worth beyond financial success, providing valuable insights into living a more fulfilled and balanced life.
Whether you're dealing with financial anxiety or looking to understand the broader societal impacts of wealth, this discussion is a must-watch!
Contact: dalper@kadimapsyc.com and https://www.kadimapsyc.com/
✬ SPONSORS OF EPISODE 71 ✬
► COLEL CHABAD: Please help Israel as the country and its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation!
► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI at https://Twillory.com/KosherMoney
► THE DONOR'S FUND: More people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen additional perks. Get your account here: https://thedonorsfund.org/koshermoney
CHAPTERS: 0:00 Intro 1:02 Meet Dr. Alper 1:47 Finance and Mental Health 3:49 Finance Education for Children 7:38 Financial Rat Race 10:38 Communal Effect on Finances 13:44 Colel Chabad 14:55 Financial Transparency 17:22 Shame and Finance  19:25 Reasons for Overspending  20:50 Social Comparisons 23:10 Social Standards 27:46 Twillory 28:48 Self Worth & Net Worth 30:27 Writing 18Forty Article  31:37 Tech, Social Media, Finance, & Mental Health 36:12 Tech Education for Children 39:04 The Donors Fund 41:08 Spendings and Values 46:07 The Field of Psychology   50:21 Attitude Towards Money Over Time 52:41 Thank You, Dr. Alper 52:54 Outro
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Free Call-In-To-Listen Hotline: USA: 605-477-2100 UK: 0333-366-0154 ISRAEL: 079-579-5088
Need financial guidance? Get help from our friends at https://LivingSmarterJewish.org/
WhatsApp feedback to 1-914-222-5513
All investment strategies and investments involve risk of loss. Nothing contained in our content, ads and videos should be construed as investment or actual life advice.
#KosherMoney #KosherMoneyPod #Money #JewishMoney #MentalHealth Hosted on Acast. See acast.com/privacy for more information.

The Money Conversations Happening Behind Jews' Closed Doors (with Dr. Debra Alper)

If you started from $0 today and wanted to get wealthy, what would you do? 
What money mistakes prevent people from making money? 
What is a smart approach to investing? 
What should you do if three people approach you in a dark alley? 
Who's gonna win the presidency in 2024?
Meet Dr. Rich Roberts, an entrepreneur and philanthropist from Lakewood, NJ who sold his pharmaceutical business in 2012 for $800 million.
We asked him those questions and more at a sit-down in his home.
You can find Dr. Rich Roberts' YouTube channel here: https://www.youtube.com/@DrRichardRoberts
✬ SPONSORS OF EPISODE 70 ✬
► TWILLORY: Stock up on polos, button-downs, blazers, pants and more by Friday, March 29th, 2024 with code Pesach18 ($18 off $250+) or Pesach36 ($36 off $350+). If it's after that date, get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which means 18 in Hebrew) at https://Twillory.com/KosherMoney
► THE DONOR'S FUND: More and more people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen or more additional perks. Legit. Get your account here: https://thedonorsfund.org/koshermoney
► COLEL CHABAD: Please help Israel as the country and its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on us.
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Your generous donation enables us at Living Lchaim to share uplifting messages globally, enrich lives, and foster positive change worldwide! Thank you! 

Don't Make These Mistakes | Brutally Honest Money Advice from One of the World's Wealthiest Jews

Join us as we delve into the fascinating journey of Mort Fertel, a visionary entrepreneur and relationship expert, whose path from a small town outside Philadelphia to the pinnacle of success is a testament to innovation, resilience, and the transformative power of faith.
His encounter with Orthodox Judaism marked a pivotal turn, deepening his quest for meaning and guiding his entrepreneurial spirit toward ventures that not only seek profit but also enrich lives.
Mort reveals how adversity fueled his passion for creating real change, leading to the birth of Marriage Fitness and the revolutionary laundry service app, Poplin.
His journey is a vivid illustration of how one can harness the power of faith and entrepreneurial acumen to transform challenges into opportunities for success and service.
Tune in to uncover Mort Fertel's unique insights into building a multi-faceted empire grounded in Jewish values, and learn how dedication, faith, and a desire to make a difference can turn the boldest visions into a stunning reality.
To contact Mort Fertel, visit https://www.linkedin.com/in/mortfertel/
Mort's Book Recommendations: The Psychology of Money »  https://amzn.to/49IuqOW  The 7 Habits of Highly Effective People » https://amzn.to/48KUlEs    ✬ SPONSORS OF EPISODE 69 ✬ 
► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which means 18 in Hebrew) at https://Twillory.com/KosherMoney - Limited Time Offer, On a $139 Purchase. ENJOY! 
  ► THE DONOR'S FUND: More and more people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen or more additional perks. Legit. Get your account here: https://thedonorsfund.org/koshermoney 
► COLEL CHABAD: Please help Israel as the country and its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on us. 
CHAPTERS:  00:00:00 - Early Beginnings 00:02:30 - Sports to Success 00:05:45 - Wall Street and Beyond 00:08:10 - Quest for Meaning 00:11:20 - Embracing Judaism 00:14:00 - Marriage Fitness Creation 00:17:25 - Launching Poppin 00:20:40 - Impact and Philosophy 00:33:00 - Network Effect and Scaling 00:36:15 - Raising Capital 00:39:30 - Strategic Investments 00:42:45 - Global Vision 00:45:55 - Entrepreneurial Mindset 00:49:10 - Legacy and Lessons 00:52:25 - Financial Wisdom 00:55:40 - Looking Ahead 
Follow Kosher Money on Social Media for Bonus Shorts:  TikTok - https://www.tiktok.com/@koshermoneypod  Instagram - https://www.instagram.com/koshermoneypod 
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Free Call-In-To-Listen Hotline:  USA: (605) 477-2100  UK: 0333-366-0154  ISRAEL: 079-579-5088 
Need financial guidance? Get help from our friends at https://LivingSmarterJewish.org/ 
WhatsApp us at 1-914-222-5513 - we love feedback, legit! 
Subscribe to our YouTube channel for more great content! :) 
Oh, and all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes, ads and videos should be construed as investment advice. 
#podcast #poplin #koshermoney #laundry #money #laundrypros Hosted on Acast. See acast.com/privacy for more information.

The Man Who Left Wall Street to Find Meaning and Millions | KOSHER MONEY

Embark on an extraordinary journey with us as we unfold the remarkable tale of a Hasidic man who arrived on American shores with nothing but ambition. 
Witness his transformation from being penniless to becoming a prosperous icon of success, crafting a multi-million dollar empire from the ground up with the help of Hashem.
His story is not just one of accumulating wealth but also of unwavering faith, relentless perseverance, and a steadfast commitment to Jewish values. 
He was kind enough to visit the Living Lchaim studio and share the lessons he learned along the way.
Watch now and discover the secrets behind turning bold visions into breathtaking reality.
To contact R' Yonasan Schwartz with your follow up questions, comments and more, email him at 2328655@gmail.com 
CHAPTERS: 00:00 - Intro 00:47 - Rav Yonasan Schwartz’s Background 05:47 - Exploring Passions 07:17 - Why Toys? 08:18 - Embracing Risks in Business Beginnings 10:23 - Small Strides, Great Success: The Power of Incremental Growth 13:06 - Hasidic Jews in Business 15:46 - The Donors’ Fund 17:35 - Don’t Play the Victim Card 20:46 - The Hasidic Mentality in Business 22:43 - Rethinking the Role of Formal Education in Business" 26:37 - Digital Compassion: The Ripple Effect of Kindness on WhatsApp 28:49 - Balancing Tradition: Navigating Modern Excess in Jewish Celebrations 38:49 - Twillory 40:00 - Continuing to Navigate Modern Excess in Jewish Celebrations 49:51- Building Tomorrow: The Importance of Educating the Future Generations 51:52 - Navigating Business Success in the Digital Age 53:43 - Colel Chabad 55:16 - The Tranquility of the Sabbath 57:08 - Additional Thoughts From Rav Yonasan 1:01:48 - How You Can Reach Rav Yonasan 1:02:24 - LivingSmarterJewish.org 1:03:34 - Outro
✬ SPONSORS OF EPISODE 68 ✬ 
► THE DONOR'S FUND: More and more people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen or more additional perks. Legit. Get your account here: https://thedonorsfund.org/koshermoney
► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which means 18 in Hebrew) at https://Twillory.com/KosherMoney - Limited Time Offer, On a $139 Purchase. ENJOY!
► COLEL CHABAD: Please help Israel as the country and its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on us.
Follow Kosher Money on Social Media for Bonus Shorts: TikTok - https://www.tiktok.com/@koshermoneypod  Instagram - https://www.instagram.com/koshermoneypod 
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Free Call-In-To-Listen Hotline: USA: (605) 477-2100 UK: 0333-366-0154 ISRAEL: 079-579-5088
Need financial guidance? Get help from our friends at https://LivingSmarterJewish.org/
WhatsApp us at 1-914-222-5513 - we love feedback, legit!
Subscribe to our YouTube channel for more great content! :)
Oh, and all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes, ads and videos should be construed as investment advice.
#podcast #yonasanschwartz #koshermoney #millionaire #money Hosted on Acast. See acast.com/privacy for more information.

The Hasidic Man Who Created Millions Out of Nothing | KOSHER MONEY

According to a 2021 study, the wealthiest 400 billionaire families in the United States paid an average federal individual tax rate of just 8.2 percent.
For comparison, the average American taxpayer in the same year paid 13 percent.
So, what do the rich know that you don't?
For one, the rich are proactive tax planners.
Me? You? We're reactive when it comes to our taxes.
We pay AFTER the fact when there's so much we could've done ahead of time to help us keep more of the money we make.
We sat with Elliot Pepper who has got a heck of a lot of initials after his name. He helps people plan their financial futures through ACTIONABLE and PROACTIVE tax planning and preparation. 
This episode of Kosher Money is anything but boring. It's informative and fun. 
To contact Elliot with your follow up questions, comments and more, visit https://www.northbrookfinancial.com/
CHAPTERS: 0:00 Intro 1:29 Meet Elliot Pepper 2:47 There's a Tax Game 4:50 Strategy Encouraged by the Government 6:13 The Proactive Tax Approach 9:54 Wealth Raises the Stakes 12:01 Finding the Right Accountant  18:01 W2 vs. W9 Form 19:42 Twillory 21.59 W9 Form 23:09 LLC Benefits 30:09 Filling Out a W4 33:13 Pay Taxes Now or Later 35:26 Standard Deduction & Itemized Deductions 39:09 An Interesting Strategy  42:29 The Donors Fund 44.51 Write-Offs 47:35 401k and IRA Retirement Plans 51:17 Roth Retirement Plan 52:48 Setting Up Retirement Plan 56:25 IRA Contributions 57:25 Start a Plan Now  59:56 Scammer Risks  1:02:22 HSA - Health Savings Account 1:05:59 Dependant Care Credit 1:08:27 Colel Chabad 1:10:15 529 Education Account 1:14:41 Life Events & Saving Strategies 1:17:46 Business Organizational Tips 1:19:44 Tax Audits 1:23:44 Elliot Pepper’s Work 1:24:47 Book Recommendation 1:26:01 Contact Info & Thank You 1:27:06 Outro & Bonus Tip
✬ SPONSORS ✬
► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI (which means 18 in Hebrew) at https://Twillory.com/KosherMoney - Limited Time Offer, On a $139 Purchase. ENJOY!
► THE DONOR'S FUND: More and more people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen or more additional perks. Legit. Get your account here: https://thedonorsfund.org/koshermoney
► COLEL CHABAD: Please help Israel as the country and its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! They're counting on us.
  __________________________________
Follow Kosher Money on Social Media for Bonus Shorts: TikTok - https://www.tiktok.com/@koshermoneypod Instagram - https://www.instagram.com/koshermoneypod
Free Call-In-To-Listen Hotline: USA: (605) 477-2100 UK: 0333-366-0154 ISRAEL: 079-579-5088
Need financial guidance? Need a resource? Get help from our friends at https://LivingSmarterJewish.org/
WhatsApp us at 1-914-222-5513 - we love feedback, legit!
Subscribe to our YouTube channel for more great content! :)
Oh, and all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes, ads and videos should be construed as investment advice.
#podcast #money #taxes #writeoffs #accountant #koshermoney Hosted on Acast. See acast.com/privacy for more information.

Wanna Build Wealth? Avoid These Money Mistakes (Feat. Naftali Horowitz)

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