ABOUT THAT WALLET

Michael Nguyen shares his journey of growing up in a sandwich generation, dealing with family responsibilities after his father's passing, and how these experiences shaped his financial habits. He discusses the importance of financial planning, the impact of his travels, and his transition into freelancing and podcast content creation. Michael emphasizes resilience and learning from financial mistakes, highlighting the value of balancing saving with enjoying life.Michael Nguyen can be reached via email at [email protected], where he helps podcasters grow their podcasts. He's also active on Instagram under the handle @takethistrip.Takeaways:"Financial planning is crucial for ensuring family stability during tough times.""Balancing saving with enjoying life is key to a healthy financial mindset.""Resilience and learning from mistakes can lead to personal and financial growth."Timestamps:00:00 - Introduction02:15 - Michael Nguyen discusses his father's passing and family responsibilities.10:30 - The importance of financial planning and life insurance.18:45 - Michael's journey into freelancing and travel.20:00 - Lessons learned from financial mistakes.25:20 - Michael's approach to balancing saving and spending.30:10 - Closing thoughts and advice for listeners.Subscribe to the monthly newsletter https://aboutthatwallet.com/newsletter or https://aboutthatwallet.comPodcast Disclaimer:"This podcast is a conversation amongst friends and is intended for informational purposes only. The views expressed are personal opinions and should not be taken as financial advice."Support this podcast at — https://redcircle.com/about-that-wallet/donations

In this episode, Anthony Weaver and franchise coach Adam Goldman discuss the opportunities and benefits of franchising, particularly for the sandwich generation. They explore the misconceptions surrounding franchises, the importance of lifestyle and freedom, financing options, and the essential businesses that emerged during the pandemic. Adam shares insights on how to choose the right franchise, the significance of partnerships, and the legal and financial considerations involved. The conversation emphasizes the human element in franchising and the potential for financial freedom through business ownership.Takeaways://Franchising offers a structured way to start a business with support.//The sandwich generation often seeks flexible and scalable business options.//Franchising can provide a lifestyle that allows for personal freedom and family time.Sound Bites:"The American dream hasn't ended.""Food is a tough business, low margin.""Wealth equals freedom."More about Adam Goldman: https://www.linkedin.com/in/adamgoldmanfranchisehttps://www.instagram.com/franchisecoach_adam/https://www.youtube.com/channel/UCRQCtHcOPenRfQ_0IlMY08QChapters:00:00 Introduction to Franchising and the Sandwich Generation02:29 Into03:02 Understanding the Franchise Landscape05:52 Essential Businesses and Pandemic Impact08:51 Financing Your Franchise11:42 The Lifestyle Benefits of Franchising14:42 Partnerships and Team Building in Franchising17:38 Legal and Insurance Considerations20:35 Cost and Investment in Franchising23:35 Researching and Choosing a Franchise26:31 Final Thoughts and AdviceCheck out more episodes at https://aboutthatwallet.com Join the newsletter https://aboutthatwallet.com/newsletterDisclaimer: The information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.Episode 326Support this podcast at — https://redcircle.com/about-that-wallet/donations

In this engaging conversation, Bart Merrell, known as the Side Hustle Samurai, shares his insights on building successful side hustles. He emphasizes the importance of aligning side hustles with personal interests and existing activities, as well as the necessity of preparedness and action in seizing opportunities. Bart recounts his journey from various side hustles to establishing a successful dog training business, highlighting the role of AI in enhancing business efficiency. The discussion also touches on the significance of networking, learning from past mistakes, and the evolving landscape of entrepreneurship.More about Bart: https://BartMerrell.com Chapters00:00 Introduction to Side Hustles01:36 Finding the Right Side Hustle04:13 Bart's Journey to Side Hustles13:34 Missed Opportunities and Reflections18:35 Choosing the Right Hustle20:37 Transitioning to Dog Training34:30 The Evolution of Side Hustles36:23 Turning Passion into Profit38:56 Marketing Your Photography Side Hustle41:08 Utilizing Google Ads for Business Growth42:19 Navigating the Photography Business01:00:23 Influential Books and Personal Growth01:02:30 Culinary Memories and Life Lessons01:03:36 Connecting with Bart MerrillThank You For ListeningCheck out more episodes at https://aboutthatwallet.com and join the newsletter https://aboutthatwallet.com/newsletter Disclaimer: The information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.Episode 325Support this podcast at — https://redcircle.com/about-that-wallet/donations

We're diving into the world of senior care today, especially for those of you in the sandwich generation, and let me tell you, it can be a real doozy! If you’re feeling overwhelmed trying to care for both your aging parents and your kids, you’re not alone—it’s a tough gig. Our main focus is on Brett Chodkevys, who got fed up with the cookie-cutter assisted living options out there and decided to build something better: assisted living mansions! Picture this: luxurious homes that feel cozy and intimate while providing top-notch care. We’ll break down the different levels of senior care and explore how the right environment can make a world of difference, not just for residents but for families looking for peace of mind. So grab a comfy seat, maybe a snack or two, and let’s figure out how to navigate this wild ride together!Episode: 324 Ai Review Support this podcast at — https://redcircle.com/about-that-wallet/donations

We're diving into the world of assisted living, and let me tell you, it's a game changer! Our guest this week, Brett Chotkevys, has been building stunning 16-bedroom mansions designed specifically for assisted living and memory care. His passion stems from a personal journey, wanting to create a loving environment for his own grandma. Brett breaks down the ins and outs of finding the right care for aging loved ones, and he spills the beans on how to kickstart your own assisted living venture. Whether you're considering this for a family member or thinking about making a business out of it, this episode is packed with practical tips, heartfelt stories, and a dash of humor. So grab your earbuds and get ready to learn about a booming industry that’s all about care and compassion! Takeaways:In the world of assisted living, understanding the licensing and zoning requirements is crucial for success, as they vary greatly by state and city.Brett's journey into assisted living began with a personal mission to care for his grandma, illustrating the heart behind his business model of luxurious care facilities.The financial breakdown of running an assisted living mansion highlights the importance of balancing quality care with operational costs to ensure sustainability and profitability.Chapters:00:00 Introduction to Assisted Living and Memory Care03:02 The Personal Journey Behind Assisted Living06:04 Steps to Starting an Assisted Living Business08:51 Navigating Zoning and Licensing Challenges11:53 Building Partnerships for Success14:51 Funding Your Assisted Living Venture22:35 Navigating the Assisted Living Landscape24:08 Building a Strong Team for Success27:24 Understanding Financials in Assisted Living30:06 The Future of Assisted Living34:14 Final Thoughts and InsightsMore from Brett: https://AssistedLivingMansion.comMore from About That Wallet: https://aboutthatwallet.comDisclaimer: The information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.Episode: 324 Support this podcast at — https://redcircle.com/about-that-wallet/donations