How To Build Your Financial Confidence and a Healthy Money Mindset with NFL Star Brandon Copeland

04/26/23 • 39 min

The Richer Way Podcast with Jaime Catmull

Despite facing adversity, Brandon Copeland refused to let his dreams slip away. His hard work and determination eventually led him to the NFL - but it didn't stop there. Now, his newfound success has propelled him to inspire others, teaching them the tools he wishes he had known earlier in life. Uncover the unexpected twist in Brandon's story and how it's helping to create new opportunities for everyone.

In this episode, Brandon discusses with Jaime how you will be able to:

Grasp the vital role financial literacy and self-esteem play in effective decision-making.
Harmonize your financial objectives with your individual values and aspirations.
Discover valuable resources and connections for enhancing your financial comprehension.
Triumph over anxiety, self-doubt, and societal pressures to attain success.
Embrace a comprehensive approach to financial education, encompassing mindset and relationships.

With a passion for financial literacy and helping others, Brandon has become a powerful advocate for young adults seeking financial empowerment. Through his nonprofit, Beyond the Basics, Inc., Brandon focuses on providing tools and information to those looking to better their financial situation. His ability to connect with others, share his personal experiences, and provide actionable advice makes him the perfect guest for a discussion on overcoming anxiety, self-doubt, and societal expectations.

In this episode, Brandon discusses with Jaime how you will be able to:

Grasp the vital role financial literacy and self-esteem play in effective decision-making.
Harmonize your financial objectives with your individual values and aspirations.
Discover valuable resources and connections for enhancing your financial comprehension.
Triumph over anxiety, self-doubt, and societal pressures to attain success.
Embrace a comprehensive approach to financial education, encompassing mindset and relationships.

Previous Episode

Taxes on Investments: Expert Filing Tips You Need To Know

Tune in to The Richer Way Podcast and discover the unexpected twist in the story: Mark Jaeger reveals how you can use knowledge of taxes and investments to take control of your financial future! But be warned - the complexities of the tax landscape may be more daunting than you think...

Mark Jaeger, a respected expert in taxes and investments, joins The Richer Way Podcast to share valuable insights on navigating the complexities of tax filing. With years of experience in the field, Mark has honed his understanding of the intricacies involved in managing different types of accounts, investments, and financial transactions. His dedication to helping others make informed decisions allows him to break down complicated tax topics into digestible information for listeners. Mark's unique perspective on tax management stems from his own experiences, ensuring that his advice is both relatable and actionable for those seeking guidance.

The resources mentioned in this episode are:

Report all income on your taxes, regardless of the amount or the source, to avoid potential penalties and ensure accuracy.
Familiarize yourself with the new 1099K form, which is required for reporting sales of goods or services on platforms like eBay and Venmo if you meet certain thresholds.
Keep detailed records of all financial transactions, including investments and cryptocurrency transactions, to facilitate accurate tax reporting.
Understand the tax implications of different types of investments and accounts, such as taxable versus tax-advantaged accounts and the different tax rates for short-term and long-term capital gains.
Consult a tax professional if you have any questions or concerns about your tax situation, especially if you have complex investments or income sources.
Consider gifting assets, such as stocks or NFTs, to family members with lower tax rates in order to potentially minimize capital gains taxes, but be aware of the gift tax reporting requirements.
Stay informed about upcoming changes to tax regulations, particularly those related to cryptocurrency and digital assets, in order to maintain compliance and avoid penalties.

Navigating Tax Implications of Investments and Transactions
Taxes on investments and transactions can often seem complex and daunting for individuals. Knowing the difference between taxable and non-taxable accounts, as well as the various types of investments and associated taxes, is essential for accurate tax filing and avoidance of potential penalties. Understanding tax implications can also help individuals optimize their financial decisions and investment strategies throughout the year. During the conversation, Mark Jaeger shared his insights on taxable and non-taxable accounts, emphasizing the importance of being vigilant with record-keeping for all transactions. He also discussed how various forms of investments, including cryptocurrency, should be reported on taxes. His experience and knowledge highlight the necessity to stay informed and proactive when dealing with investments and transactions to ensure a financially secure future.

Next Episode

Make Your Money Work Smarter Not Harder with Kim Kiyosaki

Kim Kiyosaki was living paycheck to paycheck, without any knowledge of finance, however, her determination to break the cycle of dependency led her on an unexpected journey of financial success. Now, she is a beacon of hope for women, inspiring them to take control of their finances and achieve the financial freedom they deserve. What amazing lessons has she learned along the way?

In this episode, Jaime and Kim discuss how to:

Unlock the secrets to financial freedom through education and diversified investments.
Embrace the power of financial literacy and independence as a woman.
Transform liabilities into assets for creative wealth-building opportunities.
Keep moving forward, overcome setbacks, and design a fulfilling life.
Grasp the importance of personal finance management for a secure future.

As the CEO of the Rich Dad Company, Kim Kiyosaki is dedicated to empowering women with the knowledge and tools needed to achieve financial freedom. Her weekly radio show, The Rich Dad Radio Show, reaches millions of listeners eager to learn from her expertise. Kim is also the author of the popular books Rich Woman and It's Rising Time, which offer valuable advice for women looking to take control of their financial futures.