The Wealth Effect

Welcome back to The Wealth Effect. In today’s episode, we dig into a question that challenges the way most people think about wealth: What is the real value of your money?

It’s not how much you have. It’s what that money can do.

This episode is about purchasing power, the true measure of financial strength. From inflation to lifestyle creep, from salary illusions to global cost-of-living differences, we explore why your money today...

In this episode of The Wealth Effect, We unpack one of the most misunderstood financial tools in modern life: the credit card. Are they a trap designed to exploit human psychology?

From the invention of the Diners Club in 1950 to today’s tap-and-pay digital wallets, we explore the evolution, psychology, and hidden costs behind credit card usage. You’ll learn how interest rates, minimum payments, and social comparison can quietly sa...

Day trading is sold as the modern path to wealth, fast money, freedom, and financial independence, all from your laptop. But behind the flashy screenshots and influencer hype lies a hard truth: most day traders lose. In this episode of The Wealth Effect, the dream turns into a nightmare for the vast majority.

We explore the psychology behind the rush, the sobering statistics no one shares, the hidden costs, emotional, financial, an...

In this Pocket Byte episode of The Wealth Effect, we explore a crucial yet often overlooked aspect of entrepreneurship: investing beyond your business. An often overlooked pillar of entrepreneurial success is the investment portfolio. As an entrepreneur, you're already betting on yourself and your business. But what happens when the market shifts, clients pause spending, or growth stalls? As today’s episode reveals, building an inv...

In this heartfelt and deeply insightful episode of The Wealth Effect, Dr. Kimberly Harms joins us to share her powerful life journey from a career in dentistry to navigating profound personal loss. A former commissioned officer in the United States Public Health Service and a successful dental practice owner, Dr. Kim opens up about financial experiences. This conversation goes far beyond money.

Dr. Kim vulnerably shares her experie...

In this episode of The Wealth Effect, we sit down with Julius, a digital content creator whose artistic vision is shaped by a life rich in culture, travel, and transformation. Born in South Africa during a time of great change, Julius brings a global perspective to creativity and entrepreneurship. We explore how his experiences with high-profile projects and his decision to become a full-time artist in 2021 have influenced his appr...

In today’s episode of The Wealth Effect, we’re asking a question most people run from: How much is enough? Not what society says. Not what social media flaunts. But what you truly need to feel free, secure, and in control of your life.

This isn’t about chasing millions. It’s about redefining wealth on your terms. We unpack the psychology of “enough,” explore lifestyle tiers, cost of living, and how geography, mindset, and values sh...

In this episode of The Wealth Effect, I chat with Nancy Ward, a passionate and purpose-driven financial coach helping clients break free from credit card debt without relying on traditional budgeting methods. Nancy shares her journey from personal debt and financial uncertainty. Nancy empowers families to prioritize their financial well-being with personalized strategies for a secure financial future.

Nancy brings a calm, compassio...

Welcome Brian Parana! 

More than a health coach, Brian Parana is a transformative catalyst who comprehends the intricate balance between professional achievement, personal well-being, and family responsibility.

With 20+ years of experience, Brian focuses NOT on a diet or just exercise but on empowering and building confidence for his clients. By blending science-supported strategies, relentless support, then a personalized plan is ...

We Welcome Dr.Jose Mendoza! 

Dr.Jose Mendoza got his start in cardiac surgical procedures assisting physicians. At the same time his path on nutrition, physical fitness and wellness began. After seeing people stay and return unwell, he sought a better way to help others. Qigong and energy medicine played a pivotal role.

Through rigorous study, he completed his 4 year doctorate in Chinese Energetic Medicine program with over 4000 ho...

Welcome back to The Wealth Effect, where we don’t just talk about making money. We talk about keeping it.

In this episode, we're diving into the dark side of wealth: scams. Because the truth is, building wealth is only half the battle. The other half? Not losing it.

From Ponzi schemes to social media “wealth coaches,” from crypto cons to fake investment platforms, we break down the psychology behind scams and the emotional triggers...

We welcome our third special guest, Dr. Annie Cole!

Dr. Annie Cole, Ed.D., is an expert educator turned financial coach who teaches women how to master all areas of their finances, from budgeting and paying off debt to investing, building wealth, and retiring early. After spending 11 years developing and teaching courses to students and adults, she turned her educational focus to financial education with the goal of making comple...

In this episode of The Wealth Effect, we dive into the hidden psychology of spending. Why do we buy things to feel in control? To signal who we are? To avoid discomfort or regret? From the illusion of control to the trap of convenience and the fear of missing out, we explore the unseen forces that influence where our money goes and why it often slips through our fingers.

You’ll learn about:

• The emo...

In today’s episode, we dive into a topic that impacts millions but often feels too massive to face: the wealth gap. Closing that gap doesn’t start with a system, a program, or a politician. It starts with you.

We’ll explore:

• Why your starting point doesn’t define your endpoint
• The power of mindset in rewriting your financial story
• How da...

Risk tolerance—two words that separate those who build lasting wealth from those who stay stuck in fear. In this episode of The Wealth Effect, we talk about what risk tolerance really means, why it’s critical for financial growth, and how you can develop the mindset and strategy to use risk to your advantage.

Are you risk-averse, a calculated strategist, or an aggressive risk-taker? Understanding your own tolerance can be the diffe...

Is money the key to happiness, or is it just a tool? In this episode, we dive into the complex relationship between wealth and happiness. You’ll learn why money is an amplifier and not the source of happiness and how to use it to create a life of freedom, fulfillment, and purpose.

Discover the four levels of money and happiness, the biggest financial mistakes people make, and the formula for true wealth. Whether you’re working towa...