The ‘Why’ Behind the Podcast & True Wealth Explained

Welcome to the True Wealth podcast, where happiness is more often found in the soul of someone’s wealth rather than the size of it. Money, after all, is a tool. It’s not the destination.

Money is the fuel to advance your core values and your purpose. Join us as we share some inspiring stories, true wealth life lessons, and practical strategies to help you design a life of intention, generosity, and fulfillment.

Welcome to the True Wealth podcast episode zero zero one.

Let’s go. Take five.

No. Zero zero one. This is Kevin Ingers, certified financial planner, wealth adviser, author, host of the True Wealth podcast. It’s an honor to introduce you to my two cohosts today.

First off is the Alphabet credential king, mister Nick Omliss, certified financial planner, certified adviser of philanthropy, certified kingdom adviser, wealth adviser.

And like I say Totally certifiable.

Wow.

Certifiably something. Well, that’s one finest.

There are people out there that have more credentials behind their name, but, you know, in my opinion, and I am the world’s authority on my opinion, you’re one of the great ones. So it’s great to have you as a Yep. Good to be But we would be remiss if we didn’t introduce the third ambassador of True Wealth, certified financial planner, certified kingdom adviser, wealth adviser, Ryan Ovenen. Welcome, guys.

Is it. This is inauguration day. Here we go. This is it. It’s time for Let’s go.

Can’t wait. True Wealth podcast. So it’s exciting. Episode number one, but here’s the big question.

Oh, by the way, I brought in cupcakes with single candles to celebrate this deal.

Good. I’m hungry.

They were so good. Sorry. Sorry. I didn’t mean to share them with you, but That’s where that was going.

Neither of us saw those. Yeah.

They were they were good.

Next time, I’ll make sure you get one. But it is exciting. Episode number one. I think to make them unique, we should have a question of the day.

What are what are we trying to focus on? So here here’s my first question. How many podcasts do you think there are? So why have another one?

But how many podcasts do you think there are on money, life, finances, wealth.

I I wouldn’t even have a guess because there’s so many out there. And I think we both we we all listen to many of the podcasts. Maybe, I don’t know, tens of thousands? Yeah.

I I They say hundreds of thousands when I did the search.

Hundreds.

Yeah. They don’t have a number. It just says hundreds of thousands.

Seems like a lot of podcasts floating around out there.

Well, I did ask how many were registered, and there was the number came up also on a hundred percent certainty, but it was somewhere between three point five and four point five million podcasts.

Can I get more letters after my name if I commit to listening to all of them?

Well, I don’t you need to, we’ll talk about that. Okay. Perfect. Alright. So let’s go back and so why have one?

So, you know, I think we should answer really every one question that has a lot of other questions behind it. I kinda like to answer the five w’s. So who, what, where, when, And, of course, we normally always start with why. So why have another podcast?

Why would this one be unique? So for the listener out there, we wanna help them understand what’s in it for me. What what’s the benefit to me?

So how would how would you describe that, Nick?

Yeah. I guess I guess as we talk about it, you know, so many of them out there are focused on the accumulation side, the technical side of of money. There there are a ton of money podcasts out there, and a lot of them are great and and offer some solid solid ideas and and advice. But but to me, it’s good to dig a little deeper. And I I think our goal has always been to to sort of stay in that gap of of there’s gotta be there’s gotta be some more meaning be behind this. And so as we look to do this podcast, can we differentiate it in the in the sense that that we’re not necessarily trying to to encourage people and inspire them to to accumulation. We’re trying to inspire them towards towards purpose and understanding and and and using using what they’ve been given, to accomplish a purpose.

So so would it be safe to say, although it involves money, it’s not solely about money, so it’s really not we’ll talk about accumulation, I’m sure, but it’s less about accumulation, more about alignment. Would that be a good statement?

And I would say more about this idea of purpose than the idea that we’re trying to give you some technical advice on what to do with your finances. This isn’t meant to be an Excel spreadsheet. It’s not gonna be, you know, the Dave Ramsey shows out there where you call in and you have a specific question, and he gives you a specific answer. I don’t think that’s our purpose.

Our our purpose is to is to understand that all of us have a number of puzzle pieces in our own financial plans that need to be put together. And it’s our goal as financial advisers to help put those pieces together in a way that helps you to see bigger purpose behind the money. Because as we’ll talk about a lot in this podcast, money is not, a destination. Money is a tool, and it’s to be used for a bigger purpose.

So what is that purpose?

Yeah. And you’re right. Most most of the podcasts out there are about accumulation. How do I get one up on my neighbor?

How do I get more? Because I think that more solves it. And really, some of the most unhappy people that I’ve run across over my number of years of doing this. It isn’t about money.

You know, I remember early on when I actually went through the True Wealth Institute just to learn more about it because it was something that I was very passionate about and very I was very motivated. But this gentleman was sitting there, and he had a significant network. And when we asked the question, now what? I mean, said there has to be more to life than this.

He was about ready to retire. Had accumulated significant wealth, but he was at the end of life and just really felt like, you know, he was so focused on the accumulation that he really missed life. And that that’s also why I’ve often said, it’s not what you make with or what you do with what you make.

And really, it’s finding finding meaning and purpose. And we’ll unpack that more about what true wealth means.

So let’s let’s expand this back a little bit more. You know, there is so much information out there, way more than what we’ve had historically. You know? And I I said this earlier, you know, you think back in the sixties, when when Elvis was on on the Ed Sullivan show, what it took to live, and people have accumulated so much more money, but they’re not any happier.

They’re they’re probably less happy. You don’t have to go very far where you can tell people are anxious, they’re frustrated, and and they just, again, think more money will do it. So so really the format is we wanna provide more more insights into the soul of wealth. Right?

Would that be a good good thing?

What other topics, things? I mean, it’s all gonna kind of stem out of true wealth because there are four pillars, really, basically that. Because really when we’re talking about true wealth, we’re not talking about true money wealth. Really, there are there’s true financial wealth.

There’s physical health. There’s mental health. There’s spiritual health. And certainly in some of those areas, they’re beyond our area of expertise.

So we’re gonna have to bring in some outside people to talk about those content. We’ll probably we will focus mostly on our areas of expertise, which is more on the financial aspect. But the interesting thing is money really makes it all work. So certainly having money affords you the opportunity to do more things than not having it, but that in and of itself does not provide happiness.

Yeah. But what you what you said too that, you know, you look at the number of people that that walk around, anxious, depressed, and and just not not filled with joy. Right. And and we talk lot about the the goal of of of walking people towards this life confidently enjoyed.

And, you know, you can focus on the confidence piece, you know, which is which is important, and you can focus on that enjoyed piece of which the core word is is joy. And, you know, I always say I spent eight years in the nonprofit development world, and and some of the most joyful people that I’ve ever been around in my life are the ones who are the most generous. And and that’s that’s very that’s very anti what our culture would would tell you. That the this idea that that parting with dollars can bring joy to your life.

So there’s gotta be something more to it than than just than just more. Yeah. And and I think, you know, some of the most anxious and and frustrated and and stressed people are the ones who have the most and are the least generous the least generous with it. So there’s something there Yep.

You know, to this idea. And I think that’s that to me is is what I’m excited to unpack.

So the why is pretty clear. It’s gonna be different and unique.

But a little bit further than that, so why do this? Why is this important to you? I mean, for me, it’s kind of full circle. I started off teaching a six week educational adult education class way back when people would go to those.

Now people don’t have the time. They they don’t wanna commit that much time, and we’ve covered what are stocks, what are bonds, and we will do some of that. But it’s really, again, as questions come up, I guess I would say more. Now as I’m getting more towards the end of my career, I just need something to do.

So if I look at retirement, don’t you know, I can fish, but that’s not everything I wanna do. So I wanna get back in a different way. We’re gonna build out, my goal and vision is to build out other educational resources through extension of our website. This podcast, both visual and audio versions, just to try to give people more access, but they can do this on their time.

We want to have fun with it because the last thing you want to do is listen to some boring meeting for a long period of time or a topic. So let’s talk about that too. What, we talked a little bit about what topics would be covered. What’s the format gonna be like?

Well, can jump in? One of the bigger whys too is and and I think we want this to be less about technical, you know, technical, choices that you that you do with each of your puzzle pieces and more to do with hearing other people’s stories. Yeah. Because I think one of the benefits that we hope to give to you as a listener is is to allow you to see into a day in the life that that we get to enjoy and hear our clients share their stories of what they’ve done well and what they’ve done poorly, and to share some of their insights that might help you to be a better steward with your resources as well.

And so I think one of the things I’m most excited about that we can offer that maybe other podcasts can’t is we’ve met with thousands of different people that have unique individual stories that we wanna share with you so that you might pick up a nugget here and there that might help you to be the best steward that you can be of of the resources that you have. So between Kevin, you know, sharing his own wealth of knowledge, thirty eight years in the business, and Nick and I sharing, you know, our lesser experience. But we’ve we’ve all had different clients with different experiences. We wanna bring those to light.

We wanna have clients clients on sharing their stories because we know that their stories are powerful and impactful and might even impact you as an individual to be a better steward of your assets.

That’s a big part of One of exciting things about being an advisor is there is not a one size fits all.

I mean, everybody’s unique. It doesn’t really matter if you have five thousand, fifty thousand, five hundred thousand, fifty five million, fifty million. It’s a lot of the same problems and a lot of the same struggles, but there’s not a one size fits all. So each person’s puzzle is really as individual as their thumbprint, and the goal is to try to help figure out what their thumbprint needs to look like, what their picture of their puzzle needs to look like, and then give them the tools to help.

Well, at the end of the day, money can either control you or you can control it.

Absolutely. There’s really no other other way to approach it. And so, you know, if you let it control you, that that leads to a very negative Yes. You know, aspect in life. But but grasping the control of it and and using it as a tool to guide you in the purpose that you have in life can be a powerful experience for people. Yep.

So we we I guess we narrowed down why why we feel it’s important, why we think it’s unique. We’ve talked a little bit about the format. How long? You know, some podcasts are out there are two, three hours.

I you know, at my age, I I can’t stay up that low.

Well, if it’s the three of us bantering around, you never know.

Well, it’s gonna get long.

Yeah.

Yeah. There is an edit button which makes this work, but what’s your target? So what do you think?

I’d say probably drive time would be would be a great one, you know, me my family and I live out in Brandon takes me twenty five thirty minutes to get to work. When I listen to a podcast if I can if I can finish it during my drive, that’s awesome. And I don’t have to wait to We don’t want cliffhanger.

Yeah. We don’t want to make you sit in your garage for too long. Yeah. Getting the conclusion Blare? Of what we said. Yeah.

Well, it’s not used my drive time because I could be here in two minutes. Yeah. Got a short walk.

Half hour to get to work. We got problems.

As long as the parking lot’s not icy, I can be here fast. But so I think that’s fair. Drive time, maybe, since I like food a lot, it could be, making a good omelet about the same kind of a time. So half hour omelet, not an omelet. Alright. A good omelet.

Takes you a half an hour to make an omelet? I’m making them wrong.

Yeah.

I know it tastes great. It’s the time. But, anyways, let’s figure that. Thirty minutes, thirty maybe forty minutes at the top side.

And if we’re gonna go longer than that, I think we just we just because there’s gonna be some topics we get into or certain guests I just know are gonna they’ve got more things to share than a half hour. So we’ll we’ll break it out into multiple shows. I think that should be the target.

I guess things are good point too, though, that, you know, I we love sitting around bantering with one another, and that’s honestly gives me some of the most joy that I I have in a day is just sitting around talking with you guys, listening to you guys, gleaning wealth from you. But we’re we’re not we don’t have a wealth of knowledge in every aspect of of the topics that’ll come with this podcast. So we’ll have guests on, you know, once in a while, which will be great. Maybe it’s the three of us. Maybe we’ll have other people from the office.

There’ll be a lot of different It could be where one of us is having a guest on.

It could be two are sharing a guest. We could be interviewing each other. It could just be a single person or two of us. That’ll change from show to show.

So, sometimes they will not have to put up with me and other times, yeah, they may have to. So, alright, that’s good. Let’s see. How how about how frequent?

How many episodes? Are we gonna do one a day, please?

Three sixty five.

What should be a good target?

Let’s start. What do you think?

I think we agreed on two times a month is what we’re hoping for.

We’re specifics that we’ll try to release them on these two. We’ll see how this goes. But, yeah, let’s target two a month.

If the demand and topics warrant it, we would add shows certainly, but We’re going viral. Yeah. You don’t want you don’t want the listeners to say, well, are they on? Are they not on? Yeah. So we’ll try to let’s limit it to two a month to start. That sounds fair.

Who are the target listeners and the viewing audience? Who who will that be?

I guess I I’m gonna go back to this whole idea of the joy thing that if if you feel like you’ve hit a point in your life where and let’s be honest. By by the world’s standards, if you live, you know, around here, you probably are considered wealthy. You there there is enough. If you feel like there’s enough there, but yet you’re there’s just something missing, you’re not you’re not joyful. There’s stress. There’s anxiety.

You know, there’s probably something missing in the in the approach that that you’ve taken to this whole idea of managing resources. I would say if that’s you, this is for you.

Right. You know?

And so it’s more it’s more about philosophical side than it is any sort of demographic in my estimation. Yeah.

And it can be maybe maybe it isn’t the money side that has you anxious, but it could be your physical side, you know, and that’s that’s one of my challenges. I’m hoping that we can identify and if the listeners know of someone that we could bring in a guest, I wouldn’t mind kind of going through a diet challenge or, you know, how do I improve my physical health? That’s what gives me the anxiety because it takes a lot of money to support that when you’re not healthy, either through medications or if you want to be healthy and you want to eat right, you’re eating organic or you’re buying exercise equipment, you know, that takes that takes financial resources. So it’s woven through all that. It may be spiritual health, and again, we’re gonna need to bring in some experts to just talk through that. But what about demographics? So beyond their physical side of things, what are your thoughts there?

Well, I think the who this is for, going back to the puzzle analogy, I mean, whether you have a kid’s puzzle that has sixteen pieces and looks pretty easy to put together, or you have a thousand piece puzzle, I think this is for people who wanna say, okay.

No matter how many pieces I have in my puzzle, no matter how complex my financial situation, there’s gotta be a bigger purpose Right.

To all of these puzzle pieces. Yep. We wanna we wanna align our purpose with our wealth, and that’s that’s why we’re here.

Well, I think going back to true wealth is not a destination. Sometimes we I have said it that way, a life of true wealth, like, we’re gonna get you there.

To me, true wealth needs to be lived out loudly every day, and there’s so much that’s involved with that. And it’s not age restrictive. I mean, it’s not like, okay, I’m forty, bring on this true wealth thing.

It starts as early as teaching someone after they’re born. And we’ll uncover that a little bit more. We have certain stages of life. We will have topics just around that.

What should you be learning when you’re zero to ten or eleven to twenty or what should a couple and when you get couples or partners together who come from different backgrounds, that can be challenging. So we want to help navigate some of those challenges for the twenty one to thirty year olds. So there’s a lot of topics that we can cover, but we’ll unpack in in a future show too what this true wealth means and and how to live it how to live it out every day. So I think we’ve identified our target audience.

We’re gonna kinda come up with a show probably every two weeks if we can or two times a month.

We we know the demographic is anybody who is breathing air, right? You have. Vogue a mirror. Yeah.

If you have a Vogue a mirror, this show is for you. So that, you know, we’ve got a broad audience. I guess, I’d like to challenge, you know, today’s sponsors. I don’t know if I told you this.

We have it. His name is Anonymous.

Anonymous. Anonymous. Yeah.

So now we broke the silence. Now everybody knows who they are. But, anyway, if you’d like to be a sponsor of the show, you know, I’ll share some corporate sponsorships that are lining up. But if you really would like to sponsor it in a nonfinancial way, just click subscribe, and and we’ll give you a shout out.

Maybe we’ll just limit the first names for confidentiality purposes. So, I think next show is gonna be sponsored by Ed. I’ll just introduce you to Ed at some point in time. But if you like to sponsor, click on the like, you know, share this with your friends.

So thanks for joining us today.

We’ll cut this one, kinda wrap this up here.

Thanks for joining us on today’s first episode of the True Wealth podcast. If you enjoyed our conversation and would like to learn more, we’d love to have you subscribe, share it with friends so we can reach more people who wanna experience a life confidently enjoyed. Feel free to share your thoughts, and if you have specific questions regarding the soul of your money and true wealth, send your questions to info at pinnacle wealth dot com. So that’s I n f o.

Info is pretty easy to spell. Right? Pinnacle can screw some people up. P I n n a c l e w e a l t h dot com.

Send us your questions. Why Pinnacle Wealth? Because the pinnacle of wealth is true wealth. Thanks for listening, everyone.

We’ll be back soon.

The opinions voiced in today’s True Wealth podcast with Kevin Ingers, Nick Omlut, and Ryan Ovieden are for general information only and are not intended to provide specific advice or recommendation by any individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial, or tax adviser prior to investing.