If you feel like you make “okay money” but still can’t get ahead, this episode will hit home. Brad walks Ken through a full Real Wealth Review by breaking down spending, behavior patterns, debt decisions, and practical steps to finally build real financial freedom. This conversation proves one thing: Personal finance is NOT a math problem. It’s a behavior problem. Inside the episode: • Why tracking your monthly spending is the real unlock • How to stop financing depreciating assets • When a newer car is actually hurting your wealth • The power of a spending plan (not a budget) • Why your active income alone won’t save you • How to start building passive income the right way • The faith-based principles that create lasting financial peace • And how one tough IRS situation turned into a comeback story If you’ve ever felt behind, inconsistent, or unclear about where your money is going—this episode will give you clarity, hope, and a path forward. 💡 Key Takeaways Wealth is built through behavior, not income A spending plan brings peace, direction, and control Eliminate liabilities before chasing passive income Don’t finance depreciating assets (especially cars) Create an LLC to lower taxes and keep finances clean Your monthly expenses are the real target—not your salary Financial freedom is possible at ANY age 🔗 Resources and Links Mentioned REIBIZ: reibiz.com FreedomSoft: realwealthformula.com/sponsors PropStream: realwealthformula.com/sponsors 🤝 Connect With Us Website: www.realwealthformula.com Phone: 877-77-MOGUL Email: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X (Twitter): @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula ⏳ Chapters 00:00 – Introduction 01:30 – Your Biggest Financial Problem Isn’t Math 03:30 – The REAL Formula for Wealth (R.E.A.L.L. Explained) 06:45 – How to Clarify Your Legacy & Wealth Plan 10:30 – Where Most People Waste Money 13:45 – The Spending Plan vs. “Budget” Trap 15:40 – Debts, Loans & Why Fancy Cars Are Liabilities 19:05 – The Power of Paying Yourself First 23:10 – How to Turn Freelance Work Into Passive Income 27:05 – Taxes, S Corps, and Small Business Hacks 30:15 – Escaping the Paycheck-to-Paycheck Trap 34:20 – How to Build an Editing Business (And Still Have a Life) 38:15 – The 5 Steps to Real Wealth 42:10 – The True Freedom Formula (Work Because You Want To) 46:00 – Faith, Calling & Your Purpose Beyond Just Money 49:55 – Legacy, Giving, and Building a Wealth Plan for Life 54:12 – Final Wealth Rating & Action Plan

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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