Is your investment strategy actually hurting your family? | EP 74

Financial freedom, wealth building, money mindset, and true happiness are not just about earning more money. Discover how to build lasting wealth, improve your relationship with money, and create a life filled with purpose and fulfillment.

Many ambitious professionals spend years chasing success, income, and achievements, only to realize they still feel financially stressed or unfulfilled. True wealth is not just about what you earn. It is about how your money supports the life you truly want.

In this episode with Dr. Nicholas E. Michels, CFP®, a former professional basketball player in Germany, best-selling author of Rich by Choice, Certified Financial Planner, entrepreneur, husband, father, and founder of Michaels Family Financial. For over 15 years, Dr. Michels has helped individuals and families create financial confidence, long-term security, and a meaningful life through intentional wealth planning.

Together, they explore the psychology of money, financial freedom, money habits, wealth-building principles, relationships and finances, and how to define success beyond your bank account.

In This Episode:

• The true meaning of wealth and financial freedom • Why successful people still struggle with money • How money psychology shapes your decisions • Creating a vision-driven financial plan • Building stronger money habits and relationships • Turning financial stress into confidence and purpose

Dr. Nicholas E. Michels shares lessons from professional sports, entrepreneurship, and years of financial advising to reveal why clarity, intentionality, and personal values are the foundation of a rich life.

Whether you are an entrepreneur, business owner, professional, or someone looking to improve your financial future, this conversation will give you practical strategies to take control of your money and build a life by design.

🎙️ Subscribe to the Perpetual Growth Podcast for more conversations on entrepreneurship, leadership, personal growth, mindset, relationships, and continual growth.

----- Audio Chapters

00:00 The Truth About Money & Happiness 02:08 Defining Real Wealth 06:50 Lessons From Professional Basketball 12:15 Finding Purpose in Financial Planning 17:30 Building Wealth After 40 24:45 Creating a Life by Design 32:20 Why Successful People Feel Financially Stressed 39:00 Common Money Mistakes 46:15 Money Mindset & Relationships 53:40 The Vision Exercise for Wealth 59:45 Breaking Financial Limitations 1:05:00 Becoming Rich in Money & Life