<p><strong>Making good money but still feel like you&#39;re going nowhere fast? Tyrone French knows exactly why—because he lived it.</strong></p><p>In this episode, Dr. Joaquin Wallace is joined by Tyrone French, founder of Tyrone French and Associates with over 34 years of experience as a personal finance coach. As an Accredited Financial Counselor and host of the Closing the Wealth Gap podcast, Tyrone has dedicated his career to empowering the 95% who feel left behind by traditional financial conversations.</p><p>&quot;Each person is wired differently on how they think about money based on their past. We have to understand that past first in order to move forward,&quot; Tyrone explains. But understanding your past is just the beginning. The real transformation happens when you shift from a poverty mindset to an abundance mindset.</p><p>Tyrone doesn&#39;t hold back: traditional financial literacy has failed because advisors keep &quot;regurgitating the same tired notions&quot; without teaching people how to actually apply the knowledge. This conversation explores what happens when you combine financial education with real-world application and mindset transformation.</p><p><strong>In this episode, you&#39;ll discover:</strong></p><ul><li><p>Why Tyrone went from buying $3 shoes at Boys Market to working at McDonald&#39;s at 16—and what that taught him about financial independence</p></li><li><p>The moment Tyrone realized he had no leverage at McDonnell Douglas—and how that awakening changed his entire financial trajectory</p></li><li><p>Why looking wealthy (clothes, cars, jewelry) kept him broke in his twenties—and how he broke that cycle before it was too late</p></li><li><p>The foundation every financial house needs that most people completely misunderstand</p></li><li><p>Why 80% of financially struggling people actually have the discretionary income to change their lives—they just don&#39;t know the process</p></li><li><p>The &quot;shirtsleeves to shirtsleeves in three generations&quot; cycle and exactly how to break it</p></li><li><p>The poverty mindset that must be ripped out and replaced—and how to recognize it in yourself</p></li></ul><p>Tyrone is emphatic about the importance of Dr. Wallace&#39;s book—not just for consumers, but for financial professionals too. &quot;People think advisors are just naturally smart,&quot; he explains. &quot;But there&#39;s a book out there that anybody can read.&quot; He calls &quot;Generational Wealth Begins with Generational Knowledge&quot; the book he would have written himself and insists every financial advisor who&#39;s serious about their profession needs to read it.</p><p>This conversation goes beyond budgets and investment accounts. It&#39;s about understanding your financial genetic code, healing from past trauma, and making the decision to pay yourself first—even when that decision feels agonizing.</p><p><br></p><p><strong>Connect with Tyrone French:</strong> </p><p><a href="https://www.tyronefrench.com"><u>https://www.tyronefrench.com</u></a> </p><p>Toll-free: (877) 296-5192 </p><p>Download the Tyrone French App:<a href="https://www.tyronefrenchapp.com"> <u>https://www.tyronefrenchapp.com</u></a> </p><p>Book:<a href="https://amzn.to/48pMYVT" target="_blank" rel="noopener noreferer"> &quot;Closing the Wealth Gap&quot; </a></p><p>LinkedIn: <a href="https://www.linkedin.com/in/tyronefrench/"><u>https://www.linkedin.com/in/tyronefrench/</u></a> Facebook: <a href="https://www.facebook.com/tyrone.french1"><u>https://www.facebook.com/tyrone.french1</u></a> </p><p><br></p><p><strong>Subscribe to The New Wealth Wave Podcast</strong> for more conversations that challenge traditional financial advice and help you understand the psychology behind building lasting wealth.</p><p>Dr. Wallace&#39;s Amazon bestseller <a href="https://amzn.to/4lsZfw8" target="_blank" rel="noopener noreferer"><strong>&quot;Generational Wealth Begins with Generational Knowledge&quot;</strong> </a>provides the blueprint for understanding your financial genetic code and creating generational prosperity. </p><p>Tyrone calls it &quot;the book I would have written myself&quot; and says it&#39;s essential reading for both consumers and financial professionals. Available on Amazon:<a href="https://amzn.to/4lsZfw8"> <u>https://amzn.to/4lsZfw8</u></a></p><p><strong>Dr. Wallace&#39;s Website:</strong><a href="https://www.drjwallace.com"> <u>https://www.drjwallace.com</u></a></p><p><br></p>