Noah Kelsch

Can the Post Office Be a Bank? And Other Questions for A Changing World – Episode 136

Join Patrick Donohoe and Noah Kelsch on this episode of the Wealth Standard Radio as they talk about the post office becoming a bank, volatility in the markets, and personal motivations to improve.

The post office is fifty billion dollars in debt – and for most business, that would mean bankruptcy. However, instead the post office is considering taking on some of the services of a bank, such as quick lending. If you’re the postmaster general, this could seem like a great idea. You have banks all over the country, and it could be brilliant way to offset the debt that you have on the books. However, does it mean that the public will foot the bill (again) if their plan fails?

Patrick and Noah also talk about the volatility of the market, and why people continue to participate when they understand the odds but don’t understand what they’re doing. The hypothesize that our fundamental need for uncertainty pushes us to invest the same way some people like to gamble. They discuss the role of fear in our financial decisions and world-views.

Finally, Noah and Patrick talk about what helps them personally to improve. How important is personal development to you in your personal life? They discuss what motivates them to keep going and to keep meeting challenges and what stops other people from pursuing their goals. They also discuss what to do to start taking advantage of the opportunities that are all around us.

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The Real Cost of the Holidays – Episode 131

In this episode of The Wealth Standard, Eric McGuire with Noah Kelsch talk about the Holiday season and what can be some of the pitfalls or traps. Eric and Noah describe the traps of the season and how they can bring unnecessary stress. They discuss where to draw the line on Christmas presents and if paying for that certain present is worth it.
 
 Being family men they discuss the importance of involving children when it comes to finance. Teaching them correct way finances should work and not allowing them to be sucked in the fast or easy money scams. Their main mission is to make the Holiday season stress free and allowing more time to be spent  with family and friends. This in  turn will allow each of us to find the true meaning of the holidays and look outside of ourselves and give to others. You don’t want to miss this episode.
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