What The Wealthy Do

Discover the hidden corporate benefits that can save you thousands in taxes!

In this episode of What the Wealthy Do, Stephanie Dorsey breaks down how to use Health Savings Account (HSA), Flexible Spending Account (FSA), and Dependent Care Spending Account (DCSA) to reduce taxable income and build long-term wealth.

✅ Learn why HSAs are the #1 triple tax-advantaged account in the U.S.

✅ See how FSAs can act like forced savings for health expenses.

✅ Use dependent care accounts to cut childcare costs and save big.

The wealthy don’t just make money—they keep more of it. Tune in to learn how you can leverage these overlooked corporate perks to protect your income and accelerate your wealth-building journey.

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Most people don’t realize they’re leaving free money on the table when it comes to their corporate benefits. In this episode of What the Wealthy Do, host Stephanie Dorsey breaks down how you can maximize every corporate benefit available to you like the wealthy maximize their privilege.

We’ll uncover:

✅ How to maximize your 401k match and avoid throwing away thousands of dollars

✅ The overlooked mega backdoor 401K Roth conversion strategy that can grow your wealth tax-deferred

✅ Why employee stock purchase plans (ESPPs) are a hidden wealth-building hack

✅ How to shift your wealth mindset and stop fighting fair when it comes to money

If you’re a W-2 earner looking to build wealth smarter, not harder, this episode is packed with real strategies the wealthy never overlook.

👉 Don’t forget to subscribe, share, and leave us a ⭐⭐⭐⭐⭐ review if this episode helps you!

Want to know how the wealthy actually think about money and risk? 

In this episode of What The Wealthy Do, Stephanie Dorsey breaks down the top 3 takeaways from the book The Psychology of Money by Morgan Housel and guides you through a simple risk profile quiz (conservative, moderate, aggressive) so you can know yourself and invest with confidence and alignment.

You’ll learn:

• Why money is psychology and behavior, not just numbers

• “Wealth is what you don’t see” (avoid flex culture)

• How to identify your risk tolerance & choose investments that fit

  
  

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Ever wonder how the wealthy seem to play by different money rules? 💰

In this episode of What The Wealthy Do, Stephanie Dorsey shares the biggest money mistakes she’s made—and the powerful lessons she’s learned about taxes, crypto, and real estate along the way.

You’ll hear:

• How a missed crypto tax move cost thousands 💸

• Why multifamily real estate can be a game-changer for wealth building 🏠

• The exact tax strategies the wealthy use to keep more of their money 📉

  
  

This isn’t financial advice—it’s financial education designed to help you think like the wealthy and build smarter habits for your own wealth journey.

👉 Subscribe and share this episode with a friend who’s ready to level up their money mindset.

This is Part 3 of Episode 7 of the What the Wealthy Do Podcast.Here’s what the wealthy know (that most don’t): ✔️ Tax codes are written for those who understand them. ✔️ Donations + deductions can unlock massive tax savings. ✔️ These strategies aren’t just for the 1% — you can use them too.Stay tuned for Part 3, where we go even deeper into wealthy tax strategies like charitable giving and state and local tax deductions.Subscribe  @WhatTheWealthyDo  for more Tips and Tricks !

This is Part 2 of Episode 7 of What the Wealthy Do Podcast: How the Wealthy Move Money to Pay Less in Taxes.

Today’s focus? Bonus depreciation—a powerful tool that lets entrepreneurs, real estate investors, and business owners turn large purchases into massive tax savings.

👉 Watch Part 1 first, then dive in here. Don’t forget to Like & Subscribe  @WhatTheWealthyDo  for weekly tips and tricks!

In this episode of What the Wealthy Do, host Stephanie Dorsey reveals how the ultra-wealthy strategically move their money to legally lower their taxes—and how you can too. Learn the power of borrowing against assets, using business structures like LLCs and C-Corps, and setting up irrevocable trusts to protect your wealth. Whether you’re just starting your wealth-building journey or planning for multi-million-dollar growth, these strategies can help you keep more of what you earn.Follow  @WhatTheWealthyDo  for more!

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In just 15 minutes, this episode of What the Wealthy Do breaks down how wealthy people actually manage their money — and how you can too. It’s not just about earning a high salary. It’s about having a strategy for every dollar and making your money work harder than you do.

Stephanie Dorsey dives deep into how the ultra-wealthy invest (including alternatives like private equity, art, real estate, and more), how they enhance their lifestyle through intentional investments, and how YOU can start applying these same strategies right now — no financial team required.

We’re not giving financial advice. We’re giving financial education. And it’s time we start managing money the way the wealthy do — with purpose, vision, and power.

🔔 Subscribe for more weekly episodes and please leave a 5-star review if this helped shift your money mindset!

In this episode of What the Wealthy Do, we break down how wealthy people think very differently about making money. Spoiler alert: they’re not relying on their labor!

 In this episode we talk:
- Why wealthy folks don’t want big salaries
- How ownership creates real wealth
- Multiple streams of income that go beyond labor
- Passive income vs. investments
- Tax-advantaged strategies the wealthy actually use
- How you can start shifting your mindset today

 If you’ve ever been told to “just get a good job,” this episode is going to challenge everything you thought you knew about earning money—especially if you're a Black woman who’s been playing by the rules and still not seeing the wealth you deserve.

 Let’s stop trading time for money. Let’s do what the wealthy do.

 Subscribe + like + share with someone who needs to hear this message.

 Follow us @WhatTheWealthyDo for more gems.
 Available wherever you get your podcasts.

Welcome back to What the Wealthy Do!

In Episode 4, we're digging deep into the money mindset that wealthy people actually have—and how brilliant, ambitious Black women like YOU can start cultivating that mindset right now.We’re talking about more than just affirmations.

This is about how the wealthy really think about money—and how their mindset around deservedness, confidence, and risk shapes every financial move they make.

✨ In this episode: Why mindset is the first step to building wealth- How to believe you actually deserve wealth (even when the world tells you otherwise)- The truth about confidence and creating money from scratch- Why risk hits different for Black women—and how to manage it intentionally- Journal prompts and reflection questions to get clear and aligned on your wealth journey

If you're serious about building wealth that lasts—this is the work. Wealth doesn’t start with numbers. It starts in your mind.

📌 Reflection questions included in this episode—grab your journal!

📅 New episodes every Wealthy Wednesday

📲 Follow us: @WhatTheWealthyDo

🎧 Available on YouTube, Spotify, Apple Podcasts, and everywhere you listen

🔔 Subscribe now—and let’s build wealth with purpose, power, and peace