insurance

Why Do People Stay In Ruts Episode – 208

September 14, 2017 Patrick Donohoe Business, Economy, Education, Finance, Government, Health, Money, Podcast, Politics, Science, Technology, The Wealth Standard 00:47:11 0 Comments

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Patrick has been trying to get this week’s guest on the show for a VERY long time…  He’s tried forever!

The Wealth Standard is proud to welcome Synthia Donohoe to the show!  Yep, Patrick has been trying for quite a while to get his wife to be a guest!  A few weeks ago, Pat & Synthia were able to travel Mexico (where Synthia is from originally) to do some volunteer work in several different locations.  Together, they have a powerful discussion about different, economic classes and why people get stuck in ruts.

Synthia works with a non-profit organization called Stewfano which works to provide social services to people in poor and developing communities.  Synthia grew up in a very poor area of Sonora Mexico and is working to give back and help build a better future for her former home.

Here’s a few links to check out from this episode:

www.stewfano.org

Patricks article: “Your Number One Asset”

https://paradigmlife.net/resources/89/how-to-boost-wealth/

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How Safe Is Your Personal Information? Episode – 207

September 8, 2017 Patrick Donohoe Business, Economy, Education, Finance, Government, Health, Life, Money, Podcast, Politics, Science, Technology, The Wealth Standard 00:18:22 0 Comments

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It’s no secret to anyone that in todays world, Cyber-Security is a huge issue.  If the security of you personal information was compromised, you’d probably want to know about it immediately right?

Equifax is a consumer credit reporting agency and is considered to be one of the top 3 reporting agency’s in the United States.  They house the personal information of hundreds of millions of Americans… and they’ve been hacked.  Not only have they been hacked, it actually happened 4-months ago!  The personal information of 143 million people has been compromised and they did’nt make it public until now.

To make things look even worse, the executives at Equifax sold off millions of dollars in stock BEFORE making the security compromise public.  Are they guilty of “insider trading”?  How common is insider trading? Do people actually get away with it?

Here’s a few links to check out from this episode:

https://www.cnet.com/how-to/equifax-breach-find-out-if-you-were-one-of-143-million-hacked

http://nypost.com/2017/09/08/credit-card-fraud-spikes-after-equifax-cyber-attack

https://represent.us/action/insider-trading

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When It Comes To Financial Preparedness, Question Everything!

August 25, 2017 Patrick Donohoe Business, Economy, Education, Finance, Government, Health, Life, Money, Podcast, Politics, Science, Technology, The Wealth Standard 00:43:44 0 Comments

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Patrick Donohoe and co-host Chunga talk about the 2 biggest demographic issues that could sink the U.S. economy!  It sounds pretty grim, but don’t be fooled by the negative tone.  There’s an awful lot of opportunity to build wealth for both young and old Americans that choose to plan wisely.

Issue #1 – College

 https://www.usnews.com/education/best-colleges/paying-for-college/articles/2015/07/29/chart-see-20-years-of-tuition-growth-at-national-universities

        – Cost of tuition – 50k for private 25k for public
        – Debt – 1.5T – can remember when it crossed 1T not too long ago
        – Parents paying for inflated tuitions & Opportunity Cost
        – Average Salary: 7% of median income – 25% median income
Issue #2 – Baby Boomer Care
        – Average boomer has 160k saved – 600/month for 20 years
        – Health Care = 377k average cost
        – Don’t have a clue about social security – they are always making changes – changes starting as early as January – Making a shift to a lower income for the highest taxable amount

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Patrick talks with Author & Visionary Cameron Herold

July 14, 2017 Patrick Donohoe Business, Economy, Education, Finance, Government, Health, Life, Money, Podcast, Politics, Science, Technology, The Wealth Standard 00:38:18 0 Comments

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At this years Cash Flow Wealth Summit, Patrick Donohoe interviewed popular author and entrepreneur Cameron Herold.  Cameron is the writer of the critically acclaimed books “Double Double”, “Meetings Suck” and “The Miracle Morning for Entrepreneurs” and many others.  He was also give the title “CEO Whisperer” by Rich Karlgaard, the publisher of Forbes.

Cameron Herald was one of the keynote speakers at the 2017 Cash Flow Wealth Summit and was one of the most popular presentations of the entire event.  Listen now to hear his interview with Patrick!

 

Here’s a few links to check out from this episode:

www.cameronherold.com

www.cashflowwealthsummit.com

 

Tune in to our weekly shows on YouTube and Tunein!  We also love to receive your feedback, thoughts, and comments on Twitter,Facebook, and the iTunes store. Or, you can email us at info@paradigmlife.net

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About the host

Patrick Donohoe

Patrick Donohoe

CEO Paradigm Life

Patrick is the President and CEO and started Paradigm Life in 2007 after learning from his mentor Kim Butler about financial strategies outside of Wall Street.

With a background in economics and marketing, Patrick immediately realized the opportunity to teach investors, business owners, professionals and families on a large scale using modern digital media and communication technology. Since 2007 Paradigm Life has worked with thousands of individuals in all 50 states.