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Ep 1: The Meaning Behind Way 2 Wealth

The Way 2 Wealth

Release Date: 07/21/2021

Welcome to the podcast. We’re excited to be rolling out the first of many episodes that we’ll use to help better prepare you for retirement by teaching you about the approach we take every day with our clients.

Before we get into the specifics of financial and retirement planning, we wanted to set a foundation for the podcast and what you can expect as we move forward. The best way to do that is by giving you some background on our host, Scott Ford, and what the Way 2 Wealth idea is all about.

As you’ll hear on this debut episode, the story starts back in middle school when Scott came home to his mom crying at the kitchen table. When he overheard it had to deal with financial struggles, he made it a goal to help people with their money and help ease their worries so they can enjoy life to the fullest. That’s what he does each day as Managing Director, Partner, and Wealth Advisor at Carson Wealth.

The bulk of the show will be spent defining our focus for the business and an explanation of what Way 2 Wealth actually means. Each piece of that name has a specific role in the financial planning process and Scott will provide all the details on the show. That includes a breakdown of the W.E.A.L.T.H acronym, which sums up the process well.

W – What is your foundation?

E – Establish Savings

A – All expenses covered by income

L – Living with inflation

T – Tax diversification

H – Have it updated annually

So there’s a lot to dive into on this first episode but we’ll go much, much deeper as we move forward on the podcast. Please make sure you follow us on whichever podcasting platform you prefer so you don’t miss a single topic.

0:29 – What is ‘Way to Wealth?’

2:25 – Memories about money

4:16 – Story behind the name

5:35 – The process we use

7:44 – W: What is your foundation?

11:05 – E: Establish Savings

12:04 – A: All expenses covered by income

12:38 – L: Living with Inflation

14:18 – T: Tax diversification

15:41 – H: Have it updated annually

16:19 – Where is all this headed?

20:14 – What to expect on the show