This is not a normal episode, this is better. We’ve heard how much Moneywise listeners love the transparency we get from our guests, so we’ve gone a step further. We sent out a survey to all Hampton members and got hundreds of responses detailing things like how much money they have, how they spend it, what their family situation is, if they have debt and how much, etc. etc. etc.  And we’re giving all of this information away for free at joinhampton.com/wealth. Sam explains more. Learn more...

Last year, Mike Beckham donated 1 million dollars.  This year, he's setting his sights even higher. He wants to give away 50% of his annual income. And that's not all—his company, Simple Modern, with a valuation of around 350 million dollars, also allocates 10% of its profits each year to charitable causes. Mike's journey to philanthropy has been shaped by a deep-rooted commitment to making a difference. Despite starting his career in the nonprofit sector, he discovered his knack for business...

Being born rich sounds like a dream, but it’s almost like being born at the finish line, with no race left to run. If we’ve learned anything in this podcast so far, it’s that money alone doesn’t bring happiness. Life needs purpose. But when you already have access to everything you could possibly need, finding that purpose can be difficult. So, how do we ensure our children inherit not just wealth, but also the drive to make something meaningful out of their lives? How do we shield them from...

If you’re already living the lifestyle you want, what is the point of liquid assets? Is there too much risk in tying up the vast majority of your assets? And more importantly, if you already have far more money than you’ll ever need, what is the purpose in continuing to invest for the future when you could be enjoying that money in the present? “Dave” is worth about $150 million, yet he lives on a $600,000 salary that doesn’t even cover his monthly spend. Instead of using his existing wealth,...

If you have the money to put anything you could possibly want in your home, should you do it? This episode’s guest, “Hank” did, and as a result, his home ended up being 24,000 square feet. But with 24,000 square feet, there is a lot to go wrong. So are the upkeep, repairs, and bills worth the square footage? Can a home with all the fancy features you can imagine actually bring more joy to your life? Building (or buying) a house this size is no small feat, and there are numerous things to...

The point of money is to make life easier. To give you security, comfort, and the ability to do the things that make you happy. So if you’ve made enough to take care of that for life, you can just stop making more… right? Retiring early is a dream for many, but what happens when you actually do it? In this episode we explore the story of two guests who did just that, though they came about it in different ways. Our first guest, “Ryan”, made over $20 million after selling his business, then...

Imagine being worth $150 million. Liquid.  Now imagine being worth that much, and only spending $5,000 a month. That’s the reality for this episode’s guest. “Cam” is going to share a lot of financial details with us, so he’s asked to remain anonymous. What we can tell you, is that he made most of his money when a business he started went public at a valuation of around a billion dollars. That happened in his late 30s.  In his early 30s, Cam was still only worth a couple grand. There’re a lot...

There was a time when Neil Patel said a $15k/month burn rate was all he needed. But now his monthly burn is $200k. Roughly. He’s not completely certain… because he doesn’t budget. So what changed in his life to make his burn rate increase nearly 14 fold? That’s what this episode is going to find out. Neil Patel is a household name (for marketers). He’s an entrepreneur and blogger known for his expertise in digital marketing and SEO. He co-founded companies like Crazy Egg, Hello Bar, and...

How much money do you need to be happy? Money alone is not going to make you a happy person, but it can sure as hell help you get there. Money can buy you security, time, health, and safety for you and your loved ones, and it can relieve stress when it comes to life's financial pressures. To say that money can't impact your happiness is naive. But what we want to know is, when is enough, enough? If you don't know that number, you can easily slip into the hole of always needing and wanting...