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Ted Dhanik

👤 Person
168 total appearances

Appearances Over Time

Podcast Appearances

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

We need to understand where these charities are deploying the dollars or how they're spending them and how much of every dollar is going towards the good versus the management. You know what I'm saying? So all that stuff is really key. And I think a lot of us are scared of philanthropy because we just don't know where the money is going. And it's very hard to understand philanthropy.

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

We need to understand where these charities are deploying the dollars or how they're spending them and how much of every dollar is going towards the good versus the management. You know what I'm saying? So all that stuff is really key. And I think a lot of us are scared of philanthropy because we just don't know where the money is going. And it's very hard to understand philanthropy.

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

that way there's a dollar here and at the end of it we hear stories like we end up with like 10 cents you know like towards the cause and the rest of it is just all like managing and marketing and stuff like so we if we could get a better understanding of that i think it'll make a big difference and i think the brand's spending money or contributing money to these causes and the educators saying that hey but it's like 80 of the every dollar is going to go towards the good you know then it's like oh great awesome that makes a lot more sense

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

that way there's a dollar here and at the end of it we hear stories like we end up with like 10 cents you know like towards the cause and the rest of it is just all like managing and marketing and stuff like so we if we could get a better understanding of that i think it'll make a big difference and i think the brand's spending money or contributing money to these causes and the educators saying that hey but it's like 80 of the every dollar is going to go towards the good you know then it's like oh great awesome that makes a lot more sense

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

You know, it's an interesting question. And because I'm not the, you know, the living beyond, you know, the years thing, because I see that eventually happening anyway. Something they're doing with cats, right? A cat can live to like 35 soon with this injection. You know, it's really it's kidney related. It's only a matter of time before they figure us out.

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

You know, it's an interesting question. And because I'm not the, you know, the living beyond, you know, the years thing, because I see that eventually happening anyway. Something they're doing with cats, right? A cat can live to like 35 soon with this injection. You know, it's really it's kidney related. It's only a matter of time before they figure us out.

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

We'll be in the 125s before our lifetime's over, whatever it is. I'm not sure if that's a good thing or not. But I think that from the standpoint of dividing up your empire or your legacy at the end of it, I don't really have a lot to say about that because I think that once you identify... It's kind of like going back to the last question. Once you identify where...

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

We'll be in the 125s before our lifetime's over, whatever it is. I'm not sure if that's a good thing or not. But I think that from the standpoint of dividing up your empire or your legacy at the end of it, I don't really have a lot to say about that because I think that once you identify... It's kind of like going back to the last question. Once you identify where...

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

the best places are for, you know, like the, the best, the, you know, most efficient, inefficient places to put the money in as far as like the most good will be contributed. 80, 85% of every dollar is, you know, is actually activated, you know, that kind of thing. Then you can figure that out. But I think that from a legacy standpoint, it depends on everyone's,

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

the best places are for, you know, like the, the best, the, you know, most efficient, inefficient places to put the money in as far as like the most good will be contributed. 80, 85% of every dollar is, you know, is actually activated, you know, that kind of thing. Then you can figure that out. But I think that from a legacy standpoint, it depends on everyone's,

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

you know, family structure and who's left and and all that stuff. But I, you know, from my standpoint, I've done a lot of really interesting things, you know, about, you know, asset. I don't know if you want to call it, you know, visibility or, you know, protection and stuff like that. But a lot of it has to do with it.

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

you know, family structure and who's left and and all that stuff. But I, you know, from my standpoint, I've done a lot of really interesting things, you know, about, you know, asset. I don't know if you want to call it, you know, visibility or, you know, protection and stuff like that. But a lot of it has to do with it.

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

But and you can you can be charitable causes yourself, you know, and from that standpoint and structures and I own nothing myself and everything's in Cook Islands and in another

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

But and you can you can be charitable causes yourself, you know, and from that standpoint and structures and I own nothing myself and everything's in Cook Islands and in another

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

nevis corp and stuff like that you know so you know there's there's um there's ways to to make it a lot more um simpler and dealing with the taxes a lot more easier too if you keep the assets out of the country if they're in another another country that is you know that is kind of shielded so

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

nevis corp and stuff like that you know so you know there's there's um there's ways to to make it a lot more um simpler and dealing with the taxes a lot more easier too if you keep the assets out of the country if they're in another another country that is you know that is kind of shielded so

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

This is an easy one for me. Yes, I'm very peaceful. I'm probably one of the calmest people you'll meet. And I think a lot of it has to do with control. Right. How much control do we personally have over a lot of stuff that's going on? Like, I'll even give you another example, which is really close to home. It's like, hey, I'm not I'm not a liberal. OK.

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

This is an easy one for me. Yes, I'm very peaceful. I'm probably one of the calmest people you'll meet. And I think a lot of it has to do with control. Right. How much control do we personally have over a lot of stuff that's going on? Like, I'll even give you another example, which is really close to home. It's like, hey, I'm not I'm not a liberal. OK.

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

And I'm not really I'm not a Trump fanatic either. I'm like somewhere in the middle. Right. Somewhere in the middle. It's a thing that we can't control in California, unfortunately. It's really weird. Am I saying don't go out and vote? I'm not saying that. I'm just saying that just be prepared for the outcome because California is a liberal state. It's a blue state, so it's kind of crazy.

The Money Mondays
Ted Dhanik Shares His MOST Valuable Money Lessons 📈 E96

And I'm not really I'm not a Trump fanatic either. I'm like somewhere in the middle. Right. Somewhere in the middle. It's a thing that we can't control in California, unfortunately. It's really weird. Am I saying don't go out and vote? I'm not saying that. I'm just saying that just be prepared for the outcome because California is a liberal state. It's a blue state, so it's kind of crazy.