Wealth is a choice Podcast

In this episode of Wealth Is a Choice, James sits down with Cara Macksoud, a former Wall Street professional turned behavioral finance expert, to explore one of the most misunderstood topics in personal finance. Cara shares her powerful journey from stepping onto Wall Street at just 17 years old to witnessing firsthand how extreme wealth, ego, and pressure can lead people to make irrational and often damaging choices. But what she discovered next changed everything. After transitioning from working with some of the wealthiest individuals in the country to serving lower-income communities, Cara noticed something surprising: The behaviors around money were often the same regardless of income level. This realization led her deep into the world of behavioral finance, where she began studying the real drivers behind financial decisions, things like: Ego, dopamine, and the need for validation How childhood experiences shape our relationship with money Why “enough” is different for everyone The hidden influence of comparison and social pressure Cara also shares deep personal insights, including: Watching wealthy professionals lose everything despite having more than enough The emotional trade-offs between money and life experiences A powerful exercise that helped her define what truly matters, and what’s simply not worth sacrificing The conversation expands into practical, eye-opening ideas: Why financial education should start as early as childhood How small habits and time, not just income, create real wealth The dangers of outsourcing financial knowledge in relationships And why understanding your own mindset may be more important than any investment strategy The episode closes with a powerful reflection on the question we ask every guest: Is wealth a choice? Cara’s answer brings the entire conversation full circle. She explains that while external circumstances matter, true wealth is deeply connected to self-awareness, understanding your behaviors, your triggers, and your definition of “enough.” For her, wealth isn’t just about how much money you make, it’s about whether your decisions align with what actually fulfills you. When they don’t, even unlimited resources won’t feel like enough. But when they do, you gain something far more valuable: control, clarity, and intention in how you live your life. This is a deeply human, thought-provoking conversation that will challenge the way you think about money and yourself.   #BehavioralFinance #MoneyPsychology #MindsetMatters #FinancialBehavior #HumanBehavior #MoneyTalks #RichLife #SuccessHabits #LifeLessons #PodcastClips #FinancialEducation #InvestingMindset #WealthStrategies #MoneyHabits #FinancialLiteracy #WealthIsAChoice #FinancialFreedom #MoneyMindset #WealthBuilding #PersonalFinance

What’s really happening inside Michigan’s government—and what needs to change? In this episode of Wealth Is a Choice, James sits down with Donnie Steele, current Michigan State Representative and candidate for State Senate, to break down the realities of state politics, policy-making, and the challenges facing Michigan residents today. Donnie shares an inside look at how government actually works—from committees and budgets to the political dynamics that determine which bills move forward and which never see the light of day. The conversation dives into: - How Michigan’s legislative system really operates behind the scenes  - Why political party control has a major impact on what gets done  - The complexity of infrastructure funding, including roads, transportation, and public services  - The realities of government inefficiency—and where taxpayer money gets lost along the way  Donnie also shares her firsthand experience working on the transportation budget, including efforts to increase funding for roads without raising taxes, and the challenges of balancing priorities across hundreds of municipalities. Beyond policy, this episode explores the human side of leadership: - Helping constituents navigate real-life issues—from licensing problems to financial hardships  - The gap between available government assistance and people actually accessing it  - Why simplifying support systems could make a major difference for struggling individuals  A major theme throughout the episode is accountability and efficiency—with Donnie emphasizing that government can do better with the resources it already has. Looking ahead, she outlines her motivation for running for State Senate: greater autonomy, a stronger voice at the table, and the ability to drive meaningful change at a higher level. The conversation closes with a powerful perspective on success—not just in politics, but in life—reminding us that wealth, in all forms, is ultimately a choice shaped by mindset, education, and action. Learn more about Donnie Steele and her campaign: https://www.donniesteele.com/ #MichiganPolitics #StateSenate #DonnieSteele #PublicPolicy #GovernmentAccountability #Infrastructure #Leadership #Elections #LocalGovernment #WealthIsAChoice #CivicEngagement #Michigan

Can America become a manufacturing powerhouse again or is that just a dream? In this episode, we sit down with Chris Vandemergel, a manufacturing leader with over 25 years of experience working across Ford, Tier 1 suppliers, and operational leadership roles, to unpack the reality behind American manufacturing today. From launching major vehicle programs like the Ford F-150 Lightning to leading plant operations and rebuilding struggling facilities, Chris brings a rare, inside-the-factory perspective on what’s really happening behind the scenes of U.S. production. Together, we explore the big questions: Why manufacturing dropped from ~30% of the economy to under 10% Whether reshoring is actually realistic—or just political talk The hidden complexity of global supply chains and why parts move across borders multiple times Why small businesses struggle to manufacture in the U.S. The real reason jobs moved overseas—and why they haven’t fully come back Chris also breaks down something most people never see: what manufacturing jobs are actually like today. Long hours, physically demanding environments, and wages that often don’t match the cost of living have fundamentally changed how these careers are viewed. We dive deep into: The erosion of the middle class and its connection to manufacturing Why skilled trades are disappearing—and why that’s a major problem The shift toward “college-only” thinking and its unintended consequences Labor challenges, employee turnover, and why companies struggle to retain workers Whether automation and AI can realistically solve these issues One of the most eye-opening moments comes through a real-world example: trying to manufacture a simple product in the U.S. vs. overseas—highlighting just how broken the system is for small businesses. Chris closes with a grounded and honest reflection: manufacturing can come back—but only if we fix the workforce, rethink education, and create real career paths instead of just jobs. He emphasizes that the future depends not just on policy or tariffs, but on how companies value their people and how society views skilled work. The conversation ends on a powerful note about what “wealth” really means—reminding us that it’s not just money, but fulfillment, purpose, and choosing the right path in life. This is a practical, eye-opening, and deeply human conversation about manufacturing, opportunity, and the future of the American worker. Listen now to understand what it will really take to build again.

In this episode, James sits down with Tom Leonard, former Michigan Speaker of the House and gubernatorial candidate, for a candid and wide-ranging conversation about leadership, justice, and what it takes to build a thriving state. Tom shares a powerful story from his time as a prosecutor, one that shaped his entire philosophy on leadership. Rather than focusing on convictions, he explains that “the role of a prosecutor is to seek justice every day,” and recounts a moment where listening, compassion, and action kept a young man out of prison when the truth was uncovered. That story becomes the foundation for a bigger message: people don’t want noise, blame, or politics they want leaders who will listen, identify problems, and go to work fixing them. Throughout the conversation, Tom dives into the real challenges facing Michigan today: Population decline and why keeping young people in-state is critical The importance of economic growth, small business support, and “economic gardening” Mental health, especially among young people, and the urgent need to remove stigma Law enforcement, education, and nursing as some of the toughest (and most essential) professions today Infrastructure, healthcare costs, and accessibility across both urban and rural communities He also shares his vision for leadership, one rooted in accountability, accessibility, and action. From answering calls in the governor’s office to working late nights to solve real problems, Tom emphasizes that leadership isn’t about holding the title, it’s about doing the job every single day. Beyond policy, this episode explores something deeper: mindset. Tom reflects on what wealth really means not just financially, but in life. He shares a personal story about spending time with his son and how true wealth comes from intentional choices, relationships, and presence not just money. 👉 Learn more about Tom Leonard and his vision: https://www.tomformichigan.com/ Mike closes with a powerful reflection on the meaning of wealth, reinforcing that while circumstances may differ, true wealth is built through the choices we make—how we show up, how we lead, and how we live. #TomLeonard #MichiganGovernor #LeadershipMatters #JusticeSystem #WealthIsAChoice #PublicService #MichiganFuture #MentalHealthAwareness #EconomicGrowth #SmallBusinessMatters #PolicyAndPeople #MoneyMindset #CommunityLeadership #PurposeDriven

In this episode of Wealth is a Choice, host James Studinger sits down with Kara Murphy, CFA, Chief Investment Officer of Kestra Investment Management, where she leads a team focused on market research, portfolio construction, and investment solutions for financial professionals. She’s known for making complex market and economic topics accessible, engaging, and practical for investors and advisors alike. James and Kara dive into the connection between the economy, the markets, and the real-world choices investors must make. They unpack why understanding the Federal Reserve, interest rates, labor markets, and manufacturing trends matters, but also why self-awareness, humility, and discipline may matter even more. Along the way, Kara explains why diversification is about building the whole puzzle, not obsessing over one piece, and why some of the hardest investing principles are actually the simplest ones: stay disciplined, keep buying, and don’t confuse recent trends with permanent truth. In this conversation, you’ll hear about: • Why “don’t fight the Fed” still matters for investors • How interest rates work their way through the economy and impact daily life • Why the AI boom and the Mag 7 created an unusual market environment • How recency bias can lead investors into poor decisions • Why diversification is essential—but too much can dilute conviction • The difference between understanding the economy and understanding yourself • Why time is one of the most powerful wealth-building tools • The case for trades, manufacturing, and practical skills in a changing economy • How disciplined investing through downturns can create long-term opportunity The conversation closes with Kara’s thoughtful answer to whether wealth is a choice. Her view: for most people, the roadmap is not a mystery. The challenge is not knowing what to do, it’s having the consistency and discipline to actually do it over time. Listen now and discover why “wealth is a choice”—and how to make it yours. Follow us and never miss an episode. Share your thoughts and questions in the comments—what does “wealth” mean to you? #WealthIsAChoice #Investing #EconomicOutlook #Diversification #FinancialDiscipline #FederalReserve #MarketInsights #LongTermInvesting #FinancialWellness #PortfolioStrategy

In this episode of Wealth is a Choice, host James Studinger sits down with Mark Schoenbeck, Head of Community and Business Development at Kestra Financial, where he focuses on building meaningful connections among advisors and fostering a culture centered on collaboration, authenticity, and shared experiences. Mark has spent years helping financial professionals strengthen relationships through thoughtfully designed events, conversations, and experiences that go far beyond traditional networking. In this conversation, he shares how powerful human connection can be when people step outside their comfort zones, practice curiosity, and intentionally create space for vulnerability and gratitude. In this conversation, you’ll hear about: • Why meaningful connections often come from shared experiences outside traditional networking environments • How vulnerability and authenticity help build stronger professional and personal relationships • The power of handwritten appreciation and gratitude in strengthening relationships • Why curiosity and active listening are foundational skills for building community • How strong cultures develop through clarity, intentional leadership, and the right people • The difference between transactional relationships and true community • Why human connection may become even more valuable in an increasingly digital world • How small acts of appreciation can create powerful ripple effects The episode closes with Mark’s perspective on wealth, not as money alone, but as the abundance created through relationships, meaningful experiences, gratitude, and the choices we make about how we show up in the world. Listen now and discover why “wealth is a choice”—and how to make it yours. Follow us and never miss an episode. Share your thoughts and questions in the comments—what does “wealth” mean to you? #WealthIsAChoice #HumanConnection #Leadership #CommunityBuilding #Gratitude #Authenticity #BusinessCulture #PersonalGrowth #MeaningfulRelationships #Abundance

In this episode of Wealth is a Choice, host James Studinger sits down with John Amore, President of Kestra Financial, to explore how the financial services industry works behind the scenes, and why independent financial advice can play such a powerful role in helping families make better financial decisions. The conversation also dives into leadership in a rapidly changing technological era. As AI begins to reshape industries, John discusses how leaders must become more technologically fluent while still prioritizing the human side of business. His philosophy is simple but powerful: human intelligence first, then artificial intelligence. In this conversation, you’ll hear about: • How the financial services industry works behind the scenes • The differences between banks, wire houses, insurance firms, and independent advisors • Why independence gives advisors more flexibility to serve clients’ best interests • The importance of financial literacy, and why schools often fall short teaching it • How advisors have become educators helping families navigate complex financial decisions • Why leaders today must be technologically fluent in the age of AI • The balance between technology and human relationships in a service business • How generational shifts will change the way wealth is managed and transferred • Why teaching kids about investing early can shape lifelong financial habits The episode closes with John’s thoughtful reflection on the podcast’s central question: Is wealth a choice? His answer highlights the deep connection between wealth, health, happiness, intentional decision-making, and why true wealth should be seen not as the goal itself, but as an enabler of a meaningful and fulfilling life. Listen now and discover why “wealth is a choice”—and how to make it yours. Follow us and never miss an episode. Share your thoughts and questions in the comments—what does “wealth” mean to you? #WealthIsAChoice #FinancialLeadership #WealthManagement #FinancialLiteracy #IndependentAdvisors #ArtificialIntelligence #FinancialPlanning #GenerationalWealth #LeadershipInsights #FinancialEducation

In this episode of Wealth is a Choice, James sits down with Mike Pedlow, a respected leader in the compliance world, for a conversation about one of the most misunderstood and most important parts of the financial services industry: how we communicate about money responsibly. They discuss the challenges of modern financial education in a world shaped by 401(k)s, social media, unlicensed influencers, and now AI. Mike offers thoughtful insight into how the industry can embrace new technology without losing the human connection people still need when making important financial decisions. In this episode, you’ll hear about: • Why behavior matters more than hot investment picks • How compliance can support education instead of just restricting it • Why the best financial advisors act as coaches and teachers • What people really need to hear about saving and building wealth • The limits of financial education inside the 401(k) system • How social media and unlicensed voices shape public money beliefs • Why AI can be useful, but still needs human judgment and validation • How trust between advisors and compliance creates better public education • Why happiness, mindset, and perspective may be the truest forms of wealth Mike closes with a powerful reflection on the meaning of wealth, explaining that while some people may begin life with more advantages than others, true wealth comes from choosing your mindset, your response to hardship, and your commitment to living with joy and purpose. This is a thoughtful, practical, and uplifting conversation about compliance, communication, and the human side of money. Listen now and discover why wealth is more than numbers — it’s also a choice in how we think, live, and grow. #WealthIsAChoice #MikePedlow #FinancialEducation #FinancialPlanning #Compliance #WealthManagement #MoneyMindset #PersonalFinance #FinancialAdvisor #AIAndFinance #BehavioralFinance #FinancialLiteracy #RetirementPlanning #MoneyChoices #Podcast

In this powerful episode of Wealth is a Choice, host James Studinger sits down with Steve Crane, a professional investigator whose career took an unexpected and deeply meaningful turn after opening a single letter on Christmas Eve. His career began with and still includes fraud investigation work but he’s added a new calling: helping uncover wrongful convictions and fighting for people who have been incarcerated for crimes they did not commit. Steve shares gripping, firsthand stories from his work including the case of James Clay, a man wrongfully convicted decades after an alleged crime, and ultimately freed through relentless investigation, truth-telling, and compassion. Through these cases, Steve pulls back the curtain on how mistakes happen within the criminal justice system, the devastating impact on innocent lives, and why getting someone out of prison can be far harder than putting them there. In this conversation, you’ll hear about: How one letter changed the direction of Steve’s career and sense of purpose What wrongful conviction cases reveal about interrogation tactics, false confessions, and systemic pressure Why innocence is often overlooked and why correcting mistakes takes years of effort The emotional and human toll of incarceration on innocent individuals and their families The role of investigators, journalists, and conviction integrity units in uncovering truth Why many exonerees display extraordinary resilience, forgiveness, and perspective How choices, both good and bad, can dramatically alter the course of a life The episode closes with a deeply personal reflection on what wealth truly means. Steve explains how, after years of chasing financial success, he now views wealth as time, relationships, integrity, service, and the ability to give back especially to those who have been forgotten by the system. Listen now and discover why “wealth is a choice” and how to make it yours. Follow us and never miss an episode. Share your thoughts and questions in the comments—what does “wealth” mean to you? #WealthIsAChoice #JusticeMatters #WrongfulConvictions #InnocenceProject #PurposeDrivenLife #TrueStories #ServiceAboveSelf #HumanResilience #LifeChoices #Abundance

In this episode of Wealth is a Choice, host James Studinger sits down with Dr. Greg Gogolin, Distinguished Professor of Information Security & Intelligence and Director of the Center for Cybersecurity & Data Science at Ferris State University. Dr. Gogolin helped design Ferris State’s nationally recognized Information Security & Intelligence and Artificial Intelligence programs and is a Fulbright Scholar whose work spans digital forensics, cybersecurity, and AI. Together, James and Dr. Gogolin unpack what’s really happening behind the scenes with artificial intelligence. Using clear, real-world examples, they explore how AI models are trained, where bias creeps in, how large language models like ChatGPT, Gemini, and Claude work. They also dive into the human side of AI: what professionals should never type into an AI tool, why medical and financial note-taking with AI can potentially create long-term risks for clients and patients, and how hackers are already using AI to make cyberattacks easier. Finally, they look ahead at careers, asking where young people can still thrive, and how to build a future where AI is an ally, not your replacement. In this conversation, you’ll hear about: How AI and machine learning models are actually trained, and why data cleaning and scaling matter. Why large language models can be both powerful and dangerously confident when they’re wrong. The privacy risks of feeding client, patient, or proprietary information into public AI tools. How criminals and nation-states can weaponize AI, from misinformation to hacking. The AI “arms race,” data centers, and why talent and education may matter more than hardware. Practical ways professionals can use AI for research, brainstorming, and efficiency without abandoning critical thinking. Guidance for students and young professionals on building AI-resilient (or AI-powered) careers. A thoughtful reflection on wealth as relationships—and why human connection still matters most in an AI-driven world. Listen now and discover why “wealth is a choice”—and how to make it yours. Follow us and never miss an episode. Share your thoughts and questions in the comments—what does “wealth” mean to you? #WealthIsAChoice #ArtificialIntelligence #Cybersecurity #DigitalForensics #DataPrivacy #FinancialWellness #TechTrends #CareerAdvice #EthicalAI #InformationSecurity  

In this episode of Wealth is a Choice, host James Studinger welcomes Dr. Greg Gogolin, Distinguished Professor of Information Security & Intelligence and Director of the Center for Cybersecurity & Data Science at Ferris State University. A Fulbright Scholar and one of the early pioneers in digital forensics and cybersecurity education, Dr. Gogolin has trained law enforcement and intelligence professionals across the world and helped design Ferris State’s nationally recognized cybersecurity and AI programs. James and Dr. Gogolin dive into the rising wave of cybercrime, how it exploded after COVID, how work-from-home culture changed the threat landscape, and why criminals increasingly target everyday people. Through real stories from investigations he has worked on, Dr. Gogolin explains why cyber scams are so effective, how criminals exploit institutions and emotions, and why law enforcement can only pursue a tiny fraction of the crimes committed each year. Together, they break down the practical steps anyone can take to protect themselves, their money, their identity, and their aging parents from modern cyber threats: In this conversation, you’ll hear about: Post-COVID cybercrime spikes: Why remote work environments and public Wi-Fi created new opportunities for criminals. Why your personal data is everywhere: And why you should assume your information has already been leaked. How scammers operate: Including pig-butchering schemes, romance scams, impersonation attacks, and international crime rings. Where law enforcement struggles: Minimum thresholds, limited resources, jurisdiction issues, and why most cases aren’t investigated. Protecting aging parents: Code words, oversight strategies, and early-warning setups to safeguard their accounts. Password and device security: Why strong passwords, authenticator apps, device registration, and dedicated “financial-only” devices matter. Home network safety: Updating routers, using guest networks, enabling VPNs, and avoiding risky apps. The danger of oversharing online: How social media posts—even by friends—feed scammers information. Why companies and criminals both rely on thresholds: And how this affects which fraud cases get pursued. Dr. Gogolin also shares industry insights on corporate espionage, international hacking groups, identity theft, cloud storage risks, and why cybersecurity ultimately comes down to vigilance and layered defenses, not fear. Listen now and discover why “wealth is a choice”—and how to make it yours. Follow us and never miss an episode. Share your thoughts and questions in the comments—what does “wealth” mean to you?" #WealthIsAChoice #Cybersecurity #DigitalForensics #IdentityProtection #FinancialSafety #ScamPrevention #OnlineSecurity #InformationSecurity #RiskManagement #ProtectYourMoney

In this episode of Wealth is a Choice, host James Studinger reconnects with professional triathlete Carrie McCoy to revisit her incredible solo cycling journey around Michigan’s Upper Peninsula. Carrie became the first woman to earn plaid by completing 1,200 miles in just 10 days during the Tour Da Yoop, Eh. James and Carrie reflect on the powerful moments from that adventure, from the people she met and the challenges she faced, to how those experiences shaped her perspective on life, resilience, and gratitude. Carrie’s story is one of courage, connection, and continuous self-discovery. Her belief that we “get to” take on life’s challenges, rather than “have to,” reveals a mindset rooted in appreciation and perseverance. Together, James and Carrie explore key themes including: Mindset and Motivation: Why perspective defines how we experience difficulty and growth. Purpose in Connection: How recognizing what’s unique in others strengthens us personally and professionally. Resilience and Reflection: What it means to finish strong, even through pain and setbacks. Service and Helping others: How helping others provides insights to ones self and can provide a “get to” mentality. Carrie’s story reminds us that life is about knowing what drives us, staying disciplined, and finding joy in the journey. **Listen now and discover why “wealth is a choice”—and how to make it yours.** --- **Follow us and never miss an episode:**   - Share your thoughts and questions in the comments—what does “wealth” mean to you?   #WealthIsAChoice #PersonalGrowth #Resilience #Mindset #Triathlon #Endurance #Motivation #TourDaYoopEh #FinancialWellness #Performance #Discipline #LifeLessons

In this episode of Wealth is a Choice, host James Studinger welcomes Brandon Geisler, Senior Vice President and Portfolio Manager of the Alger Mid Cap Growth Fund. It’s ironic, the tool that builds more American wealth than any other, the mutual fund, is also one of the least understood. In this episode of Wealth Is a Choice, we explore why so many investors never master the very asset that defines their financial lives, and how understanding it can unlock real, lasting wealth. Making Investing Tangible: Connecting portfolios to real-world companies and the emotions that come with ownership. Active vs. Passive Investing: Insights into the process behind managing the Alger Mid Cap Growth Fund. Long-Term Thinking: How Brandon’s approach evolved from short-term reactions to disciplined, patient investing. Beyond the Numbers: Why employee turnover, culture, and workplace happiness matter when evaluating a company’s strength. The “Sweet Spot” of Mid-Caps: Why this often-overlooked segment can offer both growth potential and stability. Three-Bucket Approach: Understanding the balance between Growth Compounders, Aggressive Growers, and Life Cycle Changers. This episode gives listeners a deeper look into the art of staying rational amid market emotion, understanding the businesses behind investments, and thinking like a long-term wealth builder. **Listen now and discover why “wealth is a choice”—and how to make it yours.** --- **Follow us and never miss an episode:**   - Share your thoughts and questions in the comments—what does “wealth” mean to you?   #WealthIsAChoice #FinancialWellness #Investing #MutualFunds #MidCapGrowth #ActiveInvesting #LongTermThinking #Discipline #FinancialGrowth #PortfolioStrategy #PersonalFinance  

In this episode of Wealth is a Choice, host James Studinger welcomes endurance cyclist Kevin Liberacki, who recently set a course record in the Psycho 48 bike race. Kevin and James first met during the Tour Da Yoop, Eh, an event James hosts and have since shared a passion for cycling. Together, they explore the mindset and methods behind Kevin’s remarkable achievements. Kevin shares what he learned works for him from hydration and nutrition to improving efficiency on the bike all while continuing to learn and grow at 59 years old. James notes that Kevin didn’t begin as a phenom athlete; instead, he built his success through discipline, experience, and intentional growth. Their conversation covers performance in cycling, but the takeaways easily expand to other aspects of life. Whether you’re chasing fitness goals, financial goals, or both, this episode offers insight into what it takes to push limits and find fulfillment in the process. **Listen now and discover why “wealth is a choice”—and how to make it yours.** --- **Follow us and never miss an episode:**   - Share your thoughts and questions in the comments—what does “wealth” mean to you?   #WealthIsAChoice #FinancialWellness #EnduranceMindset #PersonalGrowth #Cycling #Performance #Discipline #TourDaYoopEh

In this episode of Wealth is a Choice, host James Studinger welcomes Stephen Merz, owner of Trek Bicycle Grosse Pointe, to explore the art and science of proper bike fitting—and the surprising parallels it shares with personal finance. Stephen explains how no two cyclists are alike. To create the perfect fit, he considers each rider’s injury history, athletic background, and personal goals—whether that’s competitive racing, building endurance, or simply enjoying more time outdoors. The process is about optimizing comfort, power, and aerodynamics so riders can perform their best and stay healthy for the long haul. James connects these same principles to financial performance. Just as a customized bike setup helps riders go farther and faster, a well-structured financial plan helps individuals get more out of their resources while reducing unnecessary strain. Both require personalization, balance, and long-term sustainability to achieve meaningful results. Together, they discuss why prevention is key—whether it’s avoiding injuries before they happen or making proactive financial decisions to prevent future setbacks. Stephen also reflects on the idea that “average” doesn’t truly exist; every rider (and every investor) brings their own unique variables that demand a tailored approach. This thoughtful conversation is a reminder that whether on a bike or in your financial life, progress is built through intentional choices and an individualized plan that fits you perfectly. 🔑 Key Takeaways: The importance of personalization in both cycling and financial planning How optimizing bike fit parallels optimizing financial performance Why prevention and sustainability matter more than short-term fixes The myth of the “average person” and why success must be individualized Insights from Stephen Merz on achieving comfort, power, and balance on and off the bike Listen now and discover why “wealth is a choice”—and how to make it yours. Follow us and never miss an episode: Share your thoughts and questions in the comments—what does “wealth” mean to you? #WealthIsAChoice #FinancialPerformance #TrekBicycleGrossePointe #BikeFitting #FinancialPlanning #WealthMindset #MoneyManagement #Optimization #SustainableSuccess

In this episode of Wealth is a Choice, host James Studinger welcomes Ben Heller, an accomplished architect and builder, to discuss the striking similarities between constructing a home and building personal wealth. Together, they explore how the same principles that guide great architecture—strong foundations, careful planning, and long-term vision—also apply to financial success. James and Ben share how patience, structure, and adaptability play vital roles in turning both physical and financial blueprints into lasting achievements. The conversation also touches on the principles of Feng Shui and how thoughtful design can influence not only the feel of a home but also the mindset and balance of those who live within it. It’s a powerful reminder that both wealth and wellness are shaped by the environments we create. Whether you’re designing your dream home or shaping your financial future, this episode offers insightful, real-world lessons on how intentional design and disciplined planning can help you build something truly enduring. 🔑 Key Takeaways: The shared foundations of great building and great financial planning How to approach wealth-building with a designer’s mindset Insights from architect and builder Ben Heller on structure, balance, and growth The role of Feng Shui in creating harmony between space and success Practical ways to turn your financial “blueprint” into a strong, lasting reality **Listen now and discover why “wealth is a choice”—and how to make it yours.** --- **Follow us and never miss an episode:**   - Share your thoughts and questions in the comments—what does “wealth” mean to you?   #WealthIsAChoice #BuildingWealth #FinancialBlueprint #DesignYourFuture #BuildYourWealth #FinancialPlanning #WealthMindset #MoneyManagement

In this episode of Wealth is a Choice, host James Studinger sits down with Michigan Senator John Damoose for an inspiring discussion about the power of civic involvement and the vital role individuals play in shaping their communities. Senator Damoose shares his journey from private citizen to public servant, emphasizing how meaningful change often begins when everyday people take the initiative to bring local concerns to state leaders. He also discusses the importance of working across the aisle, finding common ground, and building relationships that prioritize people over politics. Together, James and Senator Damoose explore how collaboration, communication, and personal responsibility can drive real progress on the issues that matter most. This episode reminds listeners that leadership isn’t reserved for elected officials; it’s built through participation, open dialogue, and a commitment to solving problems close to home. 🔑 Key Takeaways: How individuals can effectively engage with local and state government The importance of civic participation in driving meaningful change Insights from Senator John Damoose on bipartisan leadership and public service Why proactive communication between citizens and leaders leads to stronger communities **Listen now and discover why “wealth is a choice”—and how to make it yours.** --- **Follow us and never miss an episode:**   - Share your thoughts and questions in the comments—what does “wealth” mean to you?     #WealthIsAChoice #LeadershipMatters #EconomicGrowth #FinancialFreedom #CommunityImpact #MichiganLeadership

In this episode of Wealth is a Choice, host James Studinger sits down with Robin Lott, Executive Director of the Office of Postsecondary Financial Planning, to clear up the confusion surrounding Michigan’s three college savings plans—and to help families make confident, informed decisions about investing in education. Robin explains the differences between the state’s options: one pre-paid tuition plan and two investment-based plans, addressing common questions about how these accounts work if a child attends school out of state, chooses not to pursue higher education, or ends up with funds left over. Together, James and Robin explore how Michigan’s programs compare nationally, including a look at how Michigan’s plans rank among the best in the country. The discussion also highlights why some families miss out on Michigan’s valuable state tax benefits by investing elsewhere—and why Michigan’s plans deserve a closer look. Beyond college savings, Robin shares her passion for financial education and introduces listeners to a state website designed to help families find scholarships and additional resources for funding higher education. This episode removes the mystery from college savings and empowers families to take full advantage of the exceptional tools available right here in Michigan. 🔑 Key Takeaways: The key differences between Michigan’s three college savings plans How to use these plans—even if your child studies out of state What to do if your child doesn’t attend college or funds remain unused Why Michigan’s plan ranks among the nation’s best Resources available to help families find scholarships and financial guidance Resources mentioned by Robin: MI Money Matters | Reed City Area District Library Michigan Reconnect **Listen now and discover why “wealth is a choice”—and how to make it yours.** --- **Follow us and never miss an episode:**   - Share your thoughts and questions in the comments—what does “wealth” mean to you?     #WealthIsAChoice #CollegeFunding #FinancialPlanning #EducationMatters #StudentSuccess #MoneyMindset #BuildYourWealth

What does it mean to be a “master of your craft,” and how can the same principles that drive artistic excellence also build financial freedom? In this episode of the Wealth Is a Choice podcast, host James Studinger welcomes renowned photographer Brad Ziegler to explore the deep connections between creativity, entrepreneurship, and personal wealth.   Brad shares his unexpected journey from military school and fashion shoots to becoming a sought-after portrait artist. The conversation dives into how a simple compliment or bit of encouragement can change everything—and why learning to recognize your unique gifts leads to success both in business and with money.   You’ll discover: How Brad’s passion for freedom and artistry shaped both his career and his approach to financial independence How the skills that make you great at your craft can be directly applied to managing money—even if you don’t think you’re a “numbers person” The importance of organization, building a reliable system for your assets (whether photos or finances!), and preparing for the unexpected   The power of embracing imperfection, following your instincts, and adapting when things don’t go as planned Why purpose and mission—not just dollars—are at the heart of a truly wealthy life Plus, hear practical stories about building resilience, finding work-life balance, giving practical money lessons to kids, and facing adversity (from tech disasters to long bike rides in the U.P.).  Whether you’re a creative, an entrepreneur, or someone looking to demystify wealth, this episode is packed with real-world insights and inspiration. **Listen now and discover why “wealth is a choice”—and how to make it yours.** --- **Follow us and never miss an episode:**   - Share your thoughts and questions in the comments—what does “wealth” mean to you?   #WealthIsAChoice #Photography #FinancialFreedom #Entrepreneurship #LifeLessons #BradZiegler #Podcast   

What REALLY Happens When Estate Plans Go Wrong? | Wealth Is a Choice Podcast In the premiere episode of Wealth Is a Choice, Joe Garavaglia (estate planning attorney) and host James Studinger (financial advisor) take you behind the scenes of “estate planning gone right… and gone wrong.” From sibling squabbles and surprise lawsuits to shocking stories of trustees gone rogue, this candid conversation unveils the real-life pitfalls—and smart fixes—you must know about. Key Topics We Cover: Family feuds and emotional upheaval after a loved one passes Why copious notes, clear communication, and diligent record-keeping are a trustee’s best defense The surprising risks of DIY deeds, putting just one child on the title, or using blanket “kitchen sink” trusts When should you actually consider an irrevocable trust or asset protection trust? (Hint: Not as often as those $10,000 seminar plans suggest!) How the “step up in basis” and Ladybird deeds work—and why simple beneficiary designations sometimes aren’t enough Protecting your legacy with the right documents: powers of attorney, healthcare directives, pour-over wills, and revocable trusts Stories of trust abuse, ill-advised corporate trustees, and how to avoid huge legal headaches Whether you’re a parent, business owner, or beneficiary, this episode is packed with hard-won lessons, practical checklists, and real-world examples to empower you in your wealth journey.