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The Wilson Wealth Show
Wilson Wealth
36 episodes
3 months ago
Welcome to the Wilson Wealth Show, a thought-provoking show about building wealth in the new economy. Each week members of the Wilson Wealth team and their guests will discuss how to navigate the world of personal finance, stocks, real estate, and entrepreneurship to help you build wealth in the new economy.
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Investing
Business
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All content for The Wilson Wealth Show is the property of Wilson Wealth and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Welcome to the Wilson Wealth Show, a thought-provoking show about building wealth in the new economy. Each week members of the Wilson Wealth team and their guests will discuss how to navigate the world of personal finance, stocks, real estate, and entrepreneurship to help you build wealth in the new economy.
Show more...
Investing
Business
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Ep 34: Millennial Money
The Wilson Wealth Show
45 minutes 52 seconds
2 years ago
Ep 34: Millennial Money
It’s all about time-honored, savvy advice tailored especially for Millennials on this special episode of The Wilson Wealth Show. Hosted by Maurice Wilson, Founder of Wilson Wealth, the focus is on smart financial planning strategies for people born between 1981 and 1996 – a huge group facing very particular challenges, thanks to things like high interest rates, a tight housing market, career instability and the pressures to keep up with influencers. You’ll learn about the negative impacts of social media, especially when it comes to trading long-term financial security for short-term lifestyle choices that are more “show” than “go.” Get sage advice from Millennial entrepreneurs like Garrison Warren, Laterio Jackson and Marcus­ Johnson of ­Nashville-based Johnson Capital Planning as well as actionable insights from our host and Ablavi Gbenyon-Little, his Director of Operations at Wilson Wealth. The panel covers everything from when and how to buy a home to why attending college isn’t – and doesn’t need to be – for everyone. If you’re a Millennial (or of any other generation!), this is your starting point for achieving the financial literacy, health and freedom you desire now – and into retirement!   Click here to learn more about the up-and-comers at Johnson Capital Planning or visit this link to meet the team at Wilson Wealth.   We hope you enjoyed this episode and will continue to follow, rate and review our show. Please click here to enjoy episodes from The Wilson Wealth Show archive!     Key Quotes:   “The days of not paying attention and just thinking that your income is going to be enough (to cover you through retirement) are over. It’s a disaster because it works until it doesn’t.” (Marcus)   “Homing in on what we want to do with our money is important because, if we don’t do that, without a plan for our money, that money’s going to get spent!” (Marcus)   “It’s a whirlwind of things that we’re dealing with. (High-living) is a great lifestyle from the looks of it, but in reality it’s kind of a ticking time bomb. The things that we’re doing today can really affect us in the future, financially and health-wise.” (Garrison)   “This (Millennial) generation can now build wealth incrementally in some of the best-run companies out there … You can automate a ‘keep the change’ program that’s going directly to your brokerage account.” (Maurice)   “Look into (life insurance) coverage while you’re young and healthy and get a policy to make sure you’re covered. There are also (term) life insurance policies that accumulate cash, which can be taken out on down the line.” (Laterio)   “The one thing that separates the people who are successful versus people that aren’t is that they were truly committed to whatever they did.” (Marcus)   “I was nervous. I was scared (to go out on my own). But I believed in my abilities.” (Garrison)   “So often we get caught up in trying to have the illusion of success today when we aren’t putting in the work to be that truly successful individual tomorrow.” (Maurice)   “It used to be that not going to college was a society marker for you being dumb, but now we’ve evolved past that. We use phraseology that allows us not to force anybody into a box ... It’s not about where you go but finding out what you want to do and giving it all you’ve got.” (Maurice)   “Become obsessed with figuring out what you want to be when you grow up and devise the plans to get there, understanding that you might have to pivot and adjust but if you stay focused you will accomplish your goal.” (Ablavi)   “The longer you stay in a career the more vulnerable you are to getting laid off in your 40s and not having a lot of options. So having a second income stream is probably one of the best pieces of advice you can give somebody.” (Maurice)     What We Covered: 0:25 – What defines a “Millennial” (born between 1981-1996) and why it’s a generation that demands our attention! 1:00 – About challenges Millennials are facing (th
The Wilson Wealth Show
Welcome to the Wilson Wealth Show, a thought-provoking show about building wealth in the new economy. Each week members of the Wilson Wealth team and their guests will discuss how to navigate the world of personal finance, stocks, real estate, and entrepreneurship to help you build wealth in the new economy.