Wealth-Building Made Simple

By Phillip Washington Jr.

Money can be stressful, but it doesn’t have to be! This podcast is about helping people understand their finances and make smart choices for their future.... more

4.8

2626 ratings

FAQs about Wealth-Building Made Simple:

How many episodes does Wealth-Building Made Simple have?

The podcast currently has 1,621 episodes available.

Wealth-Building Made Simple episodes:

August 01, 2025Build a Stronger Business: Financial Steps for the Future
Key Takeaways:
Investment Preparation: Before spending a lot of money on your business, make sure you can afford it and that it fits with your overall goals.
Banker Readiness: If you want a loan, keep your financial records up to date and understand what banks look at—like how much profit you make and how much cash you have compared to debt.
Tax Planning: Plan ahead for taxes so you’re not surprised when it’s time to pay.
Use Financial Tools: Learn how to read and use your financial statements (like income statement, balance sheet, and cash flow statement) to make smart business choices.
Know Your Financial Responsibilities: Be clear about where your money is kept and any legal rules or promises tied to it.

Chapters:

Timestamp Summary

1:58 Key Considerations for Business Investments and Bank Loans
5:48 Reforming Banking Systems for Better Business Growth
8:00 Considerations for Business Loans and Tax Deductible Interest

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Follow Phillip Washington, Jr. on Instagram (@askphillip)

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Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

WBMS Premium Subscription

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
...more
12min
July 30, 2025West African Wisdom About Money For The Modern Age
Key Takeaways:
Ancient Wisdom: Old stories, like the tale of Anansi the spider, still teach us about power, trust, and how those ideas show up in today’s money systems.
Gold and Natural Law: Gold has long been trusted as money because it’s rare and takes a lot of work (energy) to dig out of the ground.
Power of Central Banks: When central banks like the Bank of England and the U.S. Federal Reserve were created, they gained control over money. But this also led to more inflation and higher taxes.
Bitcoin as the Modern Story: Bitcoin is like a new version of the Anansi story—it breaks the old system and offers a new kind of money that is limited and not controlled by any one group.
Building a Better Financial Future: Many people believe the future of money will rely on things that can’t be easily changed—like gold and Bitcoin—to give more people control and spread wealth more fairly.

Chapters:

Timestamp Summary

0:00 The Evolution of Banking and the Role of Anansi
8:56 Central Banks, War Financing, and Economic Consequences
13:50 The Impact of Mood on Perception and Spiritual Alignment
15:22 Bitcoin's Role in Rebuilding a Trustworthy Financial System
23:11 Embodying Wealth and Helping Others When They're Ready

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Follow Phillip Washington, Jr. on Instagram (@askphillip)

Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/

Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

WBMS Premium Subscription

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
...more
25min
July 25, 2025Borrowing Money for Business: What You Need to Know
Key Takeaways:
Balance Borrowing and Your Own Money: Use a healthy mix of loan money and your own savings. This helps you stay in control of your business and reach your goals.
Be Smart with Your Budget: Long-term success means being careful with spending and planning where your money goes—not just chasing quick profits.
Think About Risks and Rewards: Before making big decisions, look at both the possible benefits and the risks. This helps protect your business from future problems.
Know How Much You Can Pay Back: Don’t borrow more than your business can handle. Make sure you can repay loans without hurting your business later.
Spend to Grow, Not Just to Save: Making money isn’t only about cutting costs. Spending wisely—like on marketing—can help your business grow, even during slow times.

Chapters:

Timestamp Summary

0:00 Balancing Borrowing and Personal Funds in Business Growth
1:30 Balancing Borrowed and Personal Funds in Business Ventures
4:05 Managing Cash Flow and Inventory for Holiday Sales
4:25 Balancing High Returns and Downside Risk in Business Decisions
5:53 Building a Business Without Relying on Venture Capital
6:59 Financial Discipline and Strategies for Business Success

Powered by ReiffMartin CPA and Stone Hill Wealth Management

Social Media Handles

Follow Phillip Washington, Jr. on Instagram (@askphillip)

Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/

Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

WBMS Premium Subscription

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
...more
11min
July 23, 2025The Old Financial System is DONE
Key Takeaways:
Money Systems Work Like Nature: Just like in nature, money systems depend on things like flow, limited supply, and trust to keep working properly.
Money Changes with Society: Over time, money has changed—from gold to paper money to Bitcoin—showing how our values and systems grow and shift.
Bitcoin as a Fresh Start: Bitcoin is a new kind of money. It uses digital tools and is limited in supply, giving people more control without needing to rely on banks.
New Ways to Invest: Real estate and stocks used to be the main way to build wealth, but now digital assets like Bitcoin are becoming important too.
Taking Control of Your Money: As old money systems become less trusted, more people are turning to digital finance to take charge of their own money and future.

Chapters:

Timestamp Summary

0:00 Understanding Financial Systems Through Scarcity, Circulation, and Trust
6:45 Evolution of Money: From Gold to Bitcoin
17:09 Scarcity and Velocity as Keys to Wealth in Modern Economy
22:33 The Unstable System of Fiat Currency and Banking
27:09 Understanding Bitcoin's Role in the New Financial Universe
29:53 The Illusion of Security and the Power of Self-Sovereignty

Powered by Stone Hill Wealth Management

Social Media Handles

Follow Phillip Washington, Jr. on Instagram (@askphillip)

Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/

Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

WBMS Premium Subscription

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
...more
34min
July 18, 2025Master Your Business Finances: Cash, Inventory, & Getting Paid
Key Takeaways:
Manage Your Cash Flow: Set clear money goals to make sure you have enough cash for both your business and personal plans—like birthday celebrations or other important events.
Use Benchmarks to Grow: Compare your results to common standards (benchmarks) to help guide your investments and make smarter use of your time and money.
Watch Inventory and Equipment: Buy inventory based on how well it sells, and regularly check the value of older equipment to make your money work better.
Encourage Quick Payments: Give small discounts or rewards to customers who pay early. This helps you get cash faster and use it to run your business better.
Make Money Choices That Match Your Goals: Make sure your financial decisions and daily actions reflect your values and long-term goals, so your business grows in a healthy, lasting way.

Chapters:

Timestamp Summary

0:00 Balancing Business Cash Flow for Financial Independence
2:34 Aligning Business Investments With Personal and Financial Goals
5:54 Effective Inventory Management and Asset Evaluation Strategies
8:08 The Debate Over Property Tax and Asset Valuation
9:34 Strategies to Encourage Faster Customer Payments

Powered by ReiffMartin CPA and Stone Hill Wealth Management

Social Media Handles

Follow Phillip Washington, Jr. on Instagram (@askphillip)

Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/

Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

WBMS Premium Subscription

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
...more
15min
July 16, 2025The Inner Game of Investing
Key Takeaways:
Inner Calm Reduces Stress: Good investing starts with a clear mind. When you understand yourself, it’s easier to ignore distractions and make smart choices.
Imagination Helps You See Opportunities: Creative thinking helps you notice new ideas—like digital money or new tech—before they become big trends.
Mindfulness Improves Decisions: Doing things like meditation or yoga each day can help you stay calm, focused, and strong—even when the market is unpredictable.
Trust Your Intuition: When you're feeling steady and positive, your gut feelings can guide you toward smart investments and away from bad ones.
Habits Build Success: Practicing mindfulness every day not only helps you feel better, but it can also lead to better investing over time.

Chapters:

Timestamp Summary

0:00 Investing as an Inside Game for Stress-Free Decision Making
3:46 Imagination and Innovation as Keys to Unlimited Wealth
6:52 Harnessing Imagination and Belief Systems for Confidence
12:44 Harnessing Imagination and Intuition for Positive Outcomes
16:48 Bitcoin as a Solution to Global Financial Issues
20:25 Building Mental Strength Through Consistent Meditation and Yoga Practice
23:59 Investing Wisely: Consult Advisors and Understand Risks

Powered by Stone Hill Wealth Management

Social Media Handles

Follow Phillip Washington, Jr. on Instagram (@askphillip)

Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/

Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

WBMS Premium Subscription

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
...more
25min
July 11, 2025Simple Guide: Understanding Your Financial Picture
Key Takeaways:
The balance sheet: A important financial document that details what a company owns and owes, providing insights into its financial health.
Keeping assets greater than liabilities: Essential for maintaining positive equity and reducing debt.
Positive equity: Indicates a strong financial position, bolstering confidence among investors and lenders.
Utilizing technology and strategic innovations: Can empower businesses to increase their productivity and margins.
Avoiding unnecessary debt and ensuring profitable business activities: Are key to building long-term financial strength.

Chapters:

Timestamp Summary

0:00 Understanding the Importance of Balance Sheets for Businesses
2:04 Understanding Balance Sheets for Business Financial Health
4:14 Understanding Business Equity and Its Impact on Financial Health
8:04 Leveraging Technology for Business Efficiency and Growth
9:44 Building a Strong Balance Sheet for Financial Success

Powered by ReiffMartin CPA and Stone Hill Wealth Management

Social Media Handles

Follow Phillip Washington, Jr. on Instagram (@askphillip)

Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/

Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

WBMS Premium Subscription

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
...more
14min
July 09, 2025Is Bitcoin the New Safe Haven Asset?
Key Takeaways:
Bitcoin as a Digital Safe Haven: Bitcoin has a potential future safe haven asset, similar to how the S&P 500 functions today—only within the digital, decentralized realm of cyberspace.
Currency as a Language: Understanding currency is crucial for investors. Just as mastering a language enhances communication, financial literacy empowers more strategic and informed investment decisions.
S&P 500 vs. Weak Currencies: The S&P 500’s historical strength—especially when compared to volatile currencies like the Argentine peso—highlights its role as a reliable benchmark and wealth-preserving vehicle.
Wealth Preservation Strategies: The wealthy often treat stable financial instruments like the S&P 500 as long-term “savings accounts,” using them to maintain and grow wealth in uncertain economic environments
Blockchain and Capital Flow: Looking ahead, blockchain-based assets—especially Bitcoin—are likely to attract significant global capital as trust in traditional systems erodes and decentralized finance gains traction.

Chapters:

Timestamp Summary

0:00 The Rise of Bitcoin as a Global Safe Haven Asset
3:13 Argentina’s Economic Struggles Due to Currency Mismanagement
5:26 Argentine Peso Devaluation and S&P 500 Investment Benefits
10:43 The Dynamic Evolution of the S&P 500
14:14 The S&P 500 as a Wealth Anchor in Unstable Economies
16:54 Bitcoin as the New Benchmark for Cyberspace Capital
19:33 Bitcoin as the Future Benchmark for Wealth Management

Powered by Stone Hill Wealth Management
https://stonehillwealthmanagement.com/

Social Media Handles

Follow Phillip Washington, Jr. on Instagram (@askphillip)
https://www.instagram.com/askphillip

Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/

Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

https://www.wealthbuildingmadesimple.us

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
...more
22min
July 04, 2025The Exit Playbook: Getting Paid without Getting Burned by Taxes
Key Takeaways:
Strategic Compensation Planning: Paying salaries and offering bonuses to owner-employees can be an effective method for extracting funds from a C Corporation while avoiding the burden of double taxation.
Tax-Efficient Benefits: Establishing benefits such as health insurance and 401(k) plans not only supports employees but also serves as a powerful tax-saving strategy for business owners.
Real Estate Investment Cautions: While corporations can invest in real estate, direct ownership of residential property within a C Corp can lead to unfavorable tax treatment. Careful planning is essential to avoid pitfalls.
Leveraging the QSBS Exemption: The Qualified Small Business Stock (QSBS) exemption allows for the exclusion or deferral of capital gains on the sale of qualified stock—an advantageous opportunity for startup founders and early investors.
Importance of CPA-Led Exit Planning: Collaborating with a CPA is critical when preparing for a business exit. Proper tax planning can significantly enhance post-sale outcomes by optimizing entity structure, timing, and available deductions.

Chapters:

Timestamp Summary

0:00 Strategies for Extracting Business Value Without Excessive Taxes
2:39 Tax Strategies for Extracting Money from a Business
6:08 Tax Strategies for Selling Assets and Bonus Depreciation
7:34 Qualified Small Business Stock Exemption Benefits and Eligibility

Powered by ReiffMartin CPA and Stone Hill Wealth Management

Social Media Handles

Follow Phillip Washington, Jr. on Instagram (@askphillip)

Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/

Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

WBMS Premium Subscription

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
...more
11min
July 02, 2025The Energy Behind Money and Productivity
Key Takeaways:
Money as Energy: Money is more than a tool—it's a form of energy that fuels economies. For financial systems to remain healthy and dynamic, productivity must sustain this energy flow.
Evolution of Financial Systems: Traditional banking has increasingly moved away from physical assets like gold, evolving into digital and highly interconnected ledger systems that prioritize speed, scale, and abstraction.
Decentralization and Innovation: Emerging technologies like Bitcoin introduce built-in trust, scarcity, and decentralization—qualities that challenge legacy systems and promote sustainable, inclusive growth.
Responsible Monetary Policy: Governments and corporations can print money effectively when it's directed toward productive innovations, such as artificial intelligence and infrastructure, leading to long-term economic and societal benefits.
Capital Efficiency and Corruption: The episode emphasizes that corruption or the unproductive use of capital acts like a dam, blocking economic energy. In response, decentralized technologies arise to redistribute that energy more fairly and transparently.
Chapters:

Timestamp Summary

0:00 Introduction to Energy and Investing
0:40 Understanding Modern Money and Productivity
1:32 Money as Energy: Historical Perspectives
4:56 Reasons for Breakdowns in Financial Systems
8:52 Money Creation and Market Trust
12:25 Governments, Companies, and Responsible Money Printing
18:08 Bitcoin’s Role in the Economy
21:36 Trust and Productivity in Bitcoin
24:18 Corruption and Innovation Response

Powered by Stone Hill Wealth Management

Social Media Handles

Follow Phillip Washington, Jr. on Instagram (@askphillip)

Subscribe to Wealth Building Made Simple newsletter
https://www.wealthbuildingmadesimple.us/

Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!

WBMS Premium Subscription

Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
...more
25min

FAQs about Wealth-Building Made Simple:

How many episodes does Wealth-Building Made Simple have?

The podcast currently has 1,621 episodes available.

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FAQs about Wealth-Building Made Simple:

How many episodes does Wealth-Building Made Simple have?

Wealth-Building Made Simple episodes:

FAQs about Wealth-Building Made Simple:

How many episodes does Wealth-Building Made Simple have?

More shows like Wealth-Building Made Simple

Craig Groeschel Leadership Podcast

CRYPTO 101

Crypto Banter

The Prosperous Life | Simple & Hands-free Money Management for Financial Freedom