Dispelling The Millionaire Myth About Homeownership | John Hope Bryant
Episode Details
Have you heard that real millionaires don't own homes? John Hope Bryant is on a mission to fight this myth holding back everyday Americans from building generational wealth.
Author and Financial Educator John Hope Bryant shares why this myth exists and the truth about the wealth-building power of long-term real estate ownership.
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GUEST BIO - John Hope Bryant:
John Hope Bryant is an American entrepreneur, thought leader, philanthropic executive, and a leading expert in financial and economic inclusion.
He is responsible for financial literacy becoming the official policy of the U.S. federal government (President George W. Bush and Obama), and is the only American citizen to inspire the renaming of a White House campus building; US Treasury Annex, to Freedman’s Bank Building, in honor of Lincoln’s unfinished work to teach freed slaves about money, in 1865.
His latest book “Financial Literacy For All: Disrupting Struggle, Advancing Financial Freedom, and Building a New American Middle Class” is available now.
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SHOW INFORMATION:
Marriage Kids and Money is dedicated to helping young families build wealth and happiness. This award-winning platform helps couples and parents achieve financial independence and discover the true meaning of wealth.
To achieve these big goals, we answer questions and interview experts who uncover smart net worth building habits and tools that can help everyone find their own version of financial independence.
Learn more at https://www.marriagekidsandmoney.com
HOST BIO:
Andy Hill, AFC® is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.
Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of downloads and views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.
When he's not "talking money", Andy enjoys being a soccer Dad, singing karaoke with his wife and relaxing in his hammock.
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CREDITS:
- Podcast Artwork: Liz Theresa
- Editor: Podcast Doctors
- Podcast Support: Nev Maraj
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See moreIn this insightful episode of the Marriage, Kids & Money podcast, hosted by Andy Hill, listeners are inspired by a deep dive into the realities of building generational wealth, particularly through homeownership. Andy engages thoughtfully with John Hope Bryant, a revered expert in financial literacy and economic inclusion, to dismantle the persistent myth that real millionaires avoid homeownership. John shares gripping narratives from his personal family's ascent from modest beginnings to prosperity, underscoring real estate ownership as a pivotal strategy for wealth accumulation alongside stock investments and entrepreneurial ventures. The conversation broadens to examine the nuanced financial opportunities and obstacles various generations face in today's economic climate. John challenges listeners to reconsider the perceived drawbacks of renting over homeownership while advocating for the transformative potential of strategic real estate investments. His passionate advocacy for financial literacy as a societal cornerstone shines through as he discusses influential initiatives, such as Operation Hope, aimed at empowering individuals through education and capital access. The episode encouragingly concludes with John's call to action, leveraging accrued wealth to contribute positively to society, inspiring many to embark on their financial freedom journeys.