On this episode of Owners’ Equity we dive into six time tested investment principles that were applied to win a Fantasy Football league just as it can to produce positive investment results.

Listening to questions that we received from colleagues, clients, and friends regarding the new stimulus bill, the second draw PPP and tax implications of the PPP loan and the EIDL grant.

Matt Rinkey and Eric Niergarth of Illumination Wealth discuss your options for Philanthropy and Charitable Giving as 2020 comes to a close. In this video you will learn: -What a donor advised fund is and it's benefits. -How to donate appreciated stock. Here's where you can find more of Illumination Wealth: ◉ Our blog updated daily: http://illuminat…

With a new year around the corner, it is time to again select your Health Insurance Benefits for 2021. Matt Rinkey and Norman Mangina, CFP of Illumination Wealth share helpful tips when selecting your options. -The Most Important Factors When Selecting Health Insurance -The Key Financial Benefits of an HSA Eligible Health Insurance Plan -An interes…

Our very own Kathleen Boyd, CFP® joins Matt Rinkey to discuss the critically important topic of "Investing in Racial Justice" and the role the Financial Services Industry has to create positive change in this episode of Owners’ Equity.

On this episode of Owners' Equity, our conversation dives into brand messaging and deepening customer relationships through video marketing with Reb Risty, Founder of REBL Marketing. In this episode you will learn: - How to improve your brand message in these turbulent times - A unique way of enhancing your business credibility through video - The …

After 9 detailed and insightful Owners' Equity Interviews, Matt Rinkey, the Founder of Illumination Wealth shares his top 9 takeaways from the series and explains how you can implement them into your business! The 9 Lessons: 1: Using Data Not Emotions to Make Decisions & KPIs 2: Do The Right Thing Plus 1 & Prioritizing Company Culture even when tim…

On this episode of Owners' Equity, we dive into the challenges & opportunities in the California multifamily (apartments) real estate market due to COVID-19 and the overall regulatory environment with Dan Feder of F&F Properties. In this episode you will learn: - How F&F has implemented the use of data, KPIs, & Dashboards to improve operational per…

On today's episode of Owners' Equity, our conversation dives into the Entrepreneur Operating System (EOS©) with Ron Harrell, Founder & CEO of MyOffice & Power Traction. In this episode you will learn: • What the Entrepreneur Operating System, EOS© is, and how implementing it saved Ron's company • How Ron and his MyOffice team found New Opportunitie…

On today's episode of Owners' Equity, our conversation dives into optimizing your business financial management with Jennifer Barnes, the Founder and CEO of Optima Office. In this episode you will learn: - An easy way to tell if you have a big problem when it comes to your business accounting - The most costly communication gap on your financial te…

On today's episode of Owners' Equity, our conversation dives into the business trenches with Ryan Shortill of Founder of Positive Adventures and EO Business Trainer. In this episode you will learn: - What Taking Care Of Your Employees & Culture Really Looks Like Even with Major Layoffs - How to Make Virtual Zoom Meetings More Productive, Engaging &…

On today's episode of Owners' Equity, we have a conversation with Grayson Lafrenz, founder and CEO of Power Digital Marketing. Here's where you can find more of Illumination Wealth: ◉ Our blog updated daily: http://illuminationwealth.com/blog/ ◓ LinkedIn: https://www.linkedin.com/in/mattrinkey/ ◑ Twitter: https://twitter.com/mattrinkey ◒ Facebook: …

On today's episode of Owners' Equity, our conversation dives into brand enhancing P.R. strategies that company's can take to grow during difficult times with Anna Crowe the Founder & CEO of Crowe PR. In this episode you will learn: - A key P.R. go-giving strategy to enhance your brand position - Business Pivot's that are working for Crowe PR & thei…

On today's episode of Owners' Equity, our conversation dives into essential HR practices that all business owners need to be aware of as they navigate this health & economic crisis in order to keep their companies stable and maximize their PPP Loan Forgiveness with HR compliance expert, Dr. Kristin Kahle of navigateHCR. In this episode you will lea…

On today's episode of Owners' Equity, our conversation dives into the unusual dynamics in the mortgage market and what it means for homebuyers, those looking to refinance and financially strapped mortgage holders with Sam Mehta of Bluefire Mortgage. In this episode you will learn: - Why you probably can't refinance your jumbo loan right now and wha…

On today's episode of Owners' Equity, we have a valuable and insightful conversation with the one of the nation's premiere experts in the CARES Act and Founder of Dark Horse CPAs, Chase Birky. In it you will learn: - How his most successful business owner clients prepared for a crisis - Unique hiring strategies to maximize your Paycheck Protection …

I am really excited to drop this entrepreneur focused series called "Owners' Equity" where I have candid conversations with business leaders on how they are navigating the current economic environment and sharing their industry thought leadership and best practices so we can apply key strategies to enhance our businesses during this unique time. My…

Who's got your back? That is one of the most important questions you must answer when it comes to navigating the terrain of personal finance. "Fiduciary" is a word getting a lot of play as of late in the financial industry.. In the financial advisory world, this means someone who is legally obligated to put their clients’ interest before our own. D…

Unless you own a business you've probably never heard of the acronym "KPI". You may even think we are talking baseball. KPI stands for Key Performance Indicator. KPIs are the critical (key) indicators of progress toward an intended result. No matter where you are in your personal financial journey, having KPIs that are unique to you and quantifiabl…

There’s a huge difference between having an opinion on the markets and having a crystal clear game plan on how to manage your wealth. If you want to create enduring wealth, your financial vision can not be blurry. We have seen too many entrepreneurs who have created wealth with 20/20 business vision drive their personal wealth strategy with blurry …

On this episode, our host Matt shares his experience playing a behind the scenes role in powerful new movie called Playing with Fire. The movie premiered to a sold out theater in San Diego this past weekend. Playing with Fire is the first documentary on the Financial Independence Retire Early movement (FIRE). This movie captures one family's journe…

"If you are not financially independent by the time you are forty or fifty, it doesn’t mean that you are living in the wrong country or at the wrong time. It simply means that you have the wrong plan." - Jim Rohn. Mr. Rohn was a business and success mentor to many, including Tony Robbins and myself. Mentors are invaluable and can help shape the dir…

One of the biggest financial decisions people make haphazardly is the car buying or lease decision. Transportation expenses are the second largest expense in the average American's budget - secondly only to housing costs and represent 16% of all spending. From our purview, most people spend too much money on cars...and considering the significance,…

How much money do you need to be wealthy? This was a question posed by Charles Schwab in their most recent Modern Wealth Survey to 1,000 American between ages 21 and 75. The answers were surprising and varied amounts the generations (Gen Z to Baby Boomers) as well as where one lived. How would you answer the same question? On today's episode we dis…

We all know that buying a home is one of the biggest decisions of your life, but buying your next home comes with another huge decision to make: Should You Keep Your Home as A Rental Property or Sell It? Not everyone has the ability to keep their house as a rental but in today's housing market, many are considering converting their home to a rental…

While in college at the University of Wisconsin-Madison (Go Badgers!) I owned and operated a student transportation business with a good friend and business partner. We systematized the operations to the point where the business was able to run without our day-to-day involvement. The business generated over $40,000 per year in net income which was …

A recent Bloomberg article highlighted the divorce proceedings of a billionaire real estate developer from New York City. The divorce documents revealed this wealthy real estate investor paid no tax since the 1980's. It articulated how investing in real estate can be tax favorable in good times and difficult times. On this episode, we discuss four …

Just because you watch Flip or Flop does not mean that flipping homes is the right real estate investing path for you. There are, however, many ways to invest in real estate. You can live-in-flip, landlord, lend, partner, invest, sponsor, develop, do multifamily, residential rental, REIT, vacation rentals and the list goes on and on. The most vital…

Traditional financial advice typically disregards real estate investment from the asset allocation conversation. Real estate is often called "complex" or an "alternative" investment. Meanwhile the public markets consisting of Stocks, Mutual Funds and ETFs are conventionally believed to be the safest and the best long-term generators of wealth. Just…

Real estate is one of the most popular investment strategies for building wealth, preserving it and creating enduring financial freedom. Investing in real estate opens a treasure trove of tax advantages that the traditional investment strategies sold on Wall Street do not fully provide. In fact, the tax code can become your investment strategy ally…

Do your eyes gloss over when you look at your tax return? Do you even truly know if your returns are prepared accurately? Are you aware of of any last minute tax saving opportunities? We have found that most people answer yes, no and no to those questions about taxes and it is costing them. Each year we review many tax returns that have been prepar…

Wouldn't it be nice if all of our lifestyle spending was tax deductible? Well, there are ways to coordinate personal lifestyle planning strategies with solid tax planning to save you thousands of dollars per year in taxes. There is however one vital requirement to even make this possible - you have to own your own business and be self-employed. Eve…

Building wealth isn't about how much money you make, it's about how much money you keep. One of the biggest factors in how much you get to keep is directly related to how much of your income goes to taxes. On this episode of the "Sharing the Illumination Wealth" podcast, we discuss 5 types of income that are available to you and the different ways …

You may not realize this but taxes are likely your single biggest expense when you add them all up - Federal Income Tax, State Income Tax, Payroll Tax, Corporate Tax, Sales Tax, Property Tax, and the list goes on. But what's even worse than the tax itself is the approach people take when it comes to their taxes. They view taxes as nuisance, confusi…

Financial Independence Planning is comprised of many financial details and assumptions about the future. Many financial advisers seek to add unnecessary granularity in hopes of delivering their clients a magic retirement number. On this episode, we discuss the two essential numbers that you must get right in your financial independence planning. Wh…

Over the past few episodes we have been addressing some of the most critical questions that you need to answer in order to create financial freedom. On today's episode we address the question of "How Much Money Do I Need for Financial Freedom?" We walk thru a step-by-step process to help you answer the "How Much" question yourself. The answer is es…

On this episode, we address the next most important question on the journey to financial independence - "When"?. This is the date where you actually turn your financial independence dream to reality. You have to know "When" in order to actually do the math behind financial independence planning. "When" dictates who much you need to save, how long y…

This month, we are dedicating the "Sharing the Illumination Wealth" podcast to Financial Independence. On todays episode, we address two of the most important questions on your journey to financial independence. Unfortunately most financial advisors "poo-poo" these two questions yet they are essential to actually creating a real plan for financial …

This past weekend my daughter got sick so we took her to our local urgent care. She was quickly seen and dismissed with her actual ailment being misdiagnosed. She didn't receive the treatment she needed and her illness got worse (104 fever). Fortunately, we saw her pediatrician thereafter who properly diagnosed her with bronchitis and ensured she g…

Welcome to the 10 Year Challenge Edition of the "Sharing The Illumination Wealth" podcast. On this episode, Matt paints a picture of how his 10 Year "Financial Life" challenge and how it has changed...not the least of which included founding Illumination Wealth in the depths of the great recession. Take a break from looking at pictures of celebriti…

On this episode, we discuss a tactical tax strategy for entrepreneurs and business owners with kids (or even parents). You will learn about the tax advantages of putting your kids on your company's payroll, how this money can be used to save for college and financial independence, and the ancillary benefits of teaching your kids about work ethic. W…

On this episode, we discuss how adopting a Stoic Philosophy can improve your investment results, especially during difficult market environments. We identify the core Stoic Disciplines and Mindset Shifts that some of the greatest investors have adopted as part of the investment framework. Take a listen and check out some of the books we recommend t…

On this episode, we discuss a powerful way of thinking that has the ability to bring clarity and guidance to every choice and decision you make in the present. With New Year's upon and the plethora of resolutions, it's critical that these are connected to a long-term view of our future. However, our minds are not accustomed to think far ahead. We s…

This episode was inspired by some of the most "wealthy" people we know. Their real "wealth" was cultivated by making these investments early on and throughout their life. Find out what these 10 high return on investments are and how to apply them in your financial life.

There's a virus going around and it's not just impacting people but the financial markets are feeling sick as well. No one likes to see their portfolios decline but it's actually a healthy sign of a functioning market. Find out a few key financial health and wellness principles that will allow you to emerge healthier, stronger and in a position to …

If you have watched or read any of the financial news over the past few weeks, there is no doubt you have heard predictions about an upcoming recession. In this concise inaugural episode of our Sharing the Illumination Wealth podcast, we want you to forget the predictions and discuss a few key actions you can take in your financial life to prepare …