Tag: Roth IRA
Analyzing The Many Forms of Taxes in Our Country and Why Our Economy Has Faltered (Ep.42)

Analyzing The Many Forms of Taxes in Our Country and Why Our Economy Has Faltered (Ep.42)

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Billy, Shaun, and Cade dive deep into the US national debt crisis, spotlighting the staggering $12.5 trillion in projected net interest costs over the next decade and voicing serious concerns about the long-term consequences for American citizens.

Together, they unravel the complexities of taxes and fiscal policy, revealing how the mounting US debt directly impacts taxpayers. Gain practical, actionable advice on personal savings—from tax-efficient strategies for small business owners to the powerful benefits of Roth IRAs.

Though it may feel like we’re trapped in this economic spiral, this episode emphasizes your power to take control of your finances, health, and mindset by making informed, strategic decisions. Now more than ever, they stress the critical need to hold elected officials accountable for responsible fiscal leadership.

Join the guys of Peterson Wealth Services as they discuss:

  • The need for the government to be more fiscally responsible
  • How nearly half of the country’s debt repayment comes from individual income taxes
  • Strategies to minimize tax burdens on investment income
  • The importance of knowledge when it comes to your health and finances
  • And more

Resources & Previous Episodes of Interest:

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10 Essential Steps to Guide Your Children Toward Financial Fulfillment (Ep. 38)

10 Essential Steps to Guide Your Children Toward Financial Fulfillment (Ep. 38)

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Financial growth for children starts with the right guidance from parents.

How can parents instill financial wisdom in their children from a young age? What steps can they take to ensure their kids grow up financially savvy and independent?

This week on Harnessing Your Wealth, Billy Peterson and Shaun Peterson discuss ten essential steps every parent should follow to teach their children about finances.  

You’ll learn practical advice, real-life examples, and some humorous anecdotes that highlight the importance of financial education for the next generation.

Billy and Shaun touch on: 

  • The importance of teaching financial concepts like budgeting and investing from a young age
  • Avoiding habits like impulse purchases and unnecessary debt
  • Allowing children to make their own financial decisions and learn from mistakes
  • Encouraging long-term investing and the power of compound interest
  • And more!

Resources:

Connect with Billy Peterson:

Connect with Shaun Peterson: 

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