“We don’t do what we know we should with money, we do what we’ve practiced,” explains today’s guest Heather Wagenhals, TV host, author, speaker, financial wizard and race car driver, who can spot a poser from a mile away. She joins the Bart Baggett show to explain that becoming wealthy starts with telling yourself a different story about money. Our upbringing, she says, shapes the way we view wealth and success, and only when we see a different example modeled for us, do we dare to think and act differently.

As part of her Keys to Riches Financial Philosophy, Heather offers the Three Five Financial Strategy, in which clients address three questions and five areas of concern to determine their own vision of financial freedom—and everyone will have a different answer. Heather and Bart discuss getting rich both quickly and slowly, striking a balance between safety and risk, and between following your passions and taking a job that pays the bills.

Finding that passion and purpose is key to motivating us to change as the brain is lazy, risk averse and designed to keep us safe. Heather explains the power of our hearts and our desire as humans to connect with each other. She talks about choosing a positive mindset, emotional regulation, and changing our reality by telling ourselves a different story.

In an episode full of surprising revelations, Heather will reveal what truly separates billionaires from the average person and the essential benefits of the oft-maligned cortisol hormone, while Bart reveals the simple handwriting technique to help you become immune to other peoples’ opinions.

Quotes

• “Yeah, go start a podcast. Go be a comedian. Go do the things that you wouldn't do. If that's all you had to do, and it was success or failure, you have the foundation. That's such good advice, because these days it's all get rich quick, or it's really boring advice to live below your means and invest. And for anyone under 35 that feels like an eternity.” (4:15 | Heather Wagenhals and Bart Baggett)
• “If people just take baby steps. Thirty grand to somebody who’s never made 30 grand in a year, it’s a huge risk. They can’t connect to it. Incremental wealth has to happen because we have to raise our financial thermostats.” (7:11| Heather Wagenhals)
• “So many people, especially new money, are so motivated by social proof. They want other people to respect them at the cost of their future. When I see these 25-year-olds with Ferraris and stuff, and I think, ‘Oh man, that guy's heading for a crash. Do you feel that way? Well, absolutely, because acceptance, we crave it at a cellular level. In my women's development programs and personal empowerment programs, we talk about how we crave connection at a cellular level. If you've ever–and I remember this from fourth grade health class–if you look at heart cells, have you ever seen live heart cells?” (12:13 | Bart Baggett and Heather Wagenhals)
• “I don't know many people that own a $300,000 race car, and who's smart and funny and I've never seen you in a bad mood, those are life skills that people want to learn. Forget the race car, just getting up early and having all these great friends. How do you do that consistently?” (25:59 | Bart Baggett)

Links

Learn more and subscribe to the Bart Baggett’s Show The World’s Most Interesting People Fan Weekly Newsletter at https://thebartshow.com

Connect with Heather Wagenhals

https://heatherwagenhals.com/

https://unlockyourwealth.com/

https://www.instagram.com/makingsuccesssimple/

https://www.tiktok.com/@unlockyourwealth

http://makingsuccesssimple.com/

Connect with Bart Baggett

https://instagram.com/bartbaggett

https://www.instagram.com/bartshowpodcast/

https://www.youtube.com/@bartshowpodcast

https://bartbaggett.com

https://www.tiktok.com/@bartbaggett

https://x.com/bartbaggett

Podcast production and show notes provided by HiveCast.fm

"One thing you learn: the world does not stay the same," says Steve Forbes, editor-in-chief of Forbes Magazine. He joins The Bart Baggett Show to explore what sets billionaires—like those on the annual Forbes 400 list—apart from the rest of us, beyond just their wealth. The answer is both practical and refreshing. This same practical mindset has enabled Forbes Magazine to thrive in the digital age, even as many of its peers have faltered. Steve discusses the necessity of adapting to change, the importance of staying focused on your goals, and the surprising reason why so few people read books.

As the author of the new book, “Inflation: What It Is, Why It's Bad, and How to Fix It,” Steve draws a comparison between how politicians and economists handle inflation and how doctors used to treat patients—by addressing symptoms rather than the root cause. In a discussion that touches on health and longevity, Steve and Bart Baggett also delve into thriving well into old age, even beyond 120 years.

With AI now driving a fresh wave of changes in the media and publishing industries, Steve is likely to approach these developments with the same curiosity and creativity that have guided him throughout his career.

Quotes

• “Well, one of the things you learn is that the world does not stay the same. Peter Drucker, the late great management guru, liked to say, ‘Every organization should ask itself, what is your purpose? What is your mission? What is it you are trying to achieve?’ And if you ask that question, if the means to achieve it change, you get less hung up on it. But too often we get hung up on the means and forget the goal. So when the internet came along, blew away everything we had learned, we had to…there's no no book about how you cope with the Internet. You have to do it yourself. So you make mistakes, but you try to come up with new ways of doing it.” (2:44 | Steve Forbes)
• “Again, trying to provide that service, trying to come up with products that meet the needs of people. And one of the things the internet did was relentlessly commoditize. You just couldn't have a name, you had to provide something and so that's what we continue to try to do. Who knows what AI is going to do? But we’re trying to remember what our goal is: to enable people to move ahead in life.” (3:57 | Steve Forbes)
• “Well, we have a book out called “Inflation: What It Is, Why It's Bad, and How to Fix It. It first came out three years ago when this thing was just beginning. We saw…the disaster coming. So in a week, we have the paperback version coming out, updated, new figures and also a great new foreword preface. So that comes out on July 16. And so yes, I'm still out there pitching, still out there agitating.” (5:01 | Steve Forbes)
• “It’s amazing, after 4000 years, politicians, policymakers, economists still treat inflation like doctors used to treat patients 200 years ago— the symptoms, not the cause. Yes, and so they bled the patient and so got rid of the patient’s suffering because they got rid of the patient.” (5:08 | Steve Forbes and Bart Baggett)

Links

Learn more and subscribe to the Bart Baggett’s Show The World’s Most Interesting People Fan Weekly Newsletter at https://thebartshow.com

Links

Connect with Steve Forbes

https://www.forbes.com/sites/steveforbes/

https://www.facebook.com/SteveForbesCEO/

https://www.linkedin.com/in/steveforbesceo/

Connect with Bart Baggett

https://instagram.com/bartbaggett

https://www.instagram.com/bartshowpodcast/

https://www.youtube.com/@bartshowpodcast

https://bartbaggett.com

https://www.tiktok.com/@bartbaggett

https://x.com/bartbaggett

Podcast production and show notes provided by HiveCast.fm

“America’s moving, in my opinion, in a bad direction,” says today’s guest, Roman Balmakov, director of the new documentary “No Farmers, No Food: Will You Eat Bugs?” As a reporter with the Epoch Times, founded by Chinese immigrants to counter the narrative of the Chinese Communist Party-controlled media, he joins the Bart Baggett show to discuss media bias and the current state of American journalism.

Roman describes a new era where many journalists see themselves not as impartial purveyors of information but as “gladiators in the arena.” This shift began with omitting suicides from the news to protect readers and has evolved into journalists suppressing information they deem harmful. When media outlets encounter content they disagree with, they often ostracize it using the same accusations and language, regardless of its relevance.

How will the media respond to Roman’s own movie, produced by EpochTV, which Bart calls “Netflix for thinking people”? The film explores the U.N.’s war on small farmers under the guise of fighting climate change.

Tune in to today’s episode as Roman and Bart discuss immigrant success, the role of entertainers in truth-telling, and whether we might all be subsisting on bugs in the near future.

Quotes

• “Yeah, one of my close friends was born in Ukraine, just a few miles from Chernobyl. And he said, if the winds were different, he would not be here. You know, and luckily his family got out and they came here to America and he loves it. He's rich...very rich. Isn't it great to come to this country and to be rich?” (1:14 | Bart Baggett)
• “OK, so let's go back to the worst-case scenario. If you're in a dictatorship country and/or Poland in the 60s…this whole Communist thing. It's going to make you unmotivated. Because if you do, do well, even in the socialist countries in Sweden in the 70s, if you did really, really well, they taxed you at 90%, if I’m not incorrect in my math. I get that. When all of a sudden you're free, and there's not a gun pointed at your head, and you can start a business, you can start a carwash, you can start anything you want, that's like coming out of prison.” (2:43 | Bart Baggett)
• “I think the media here is biased. And only in the past few years have we seen that the media has been a little bit bought and paid for in some segments.” (6:10 | Bart Baggett)
• “If you saw the movie, well, the movie is kind of its own thing. This is a story that actually happened. But then you look at all these media outlets, one after the other, putting out these stories. And you're and you just kind of left to wonder, ‘Why all of a sudden, are they all, in unison, framing the story this way?” (11:11 | Roman Balkamov)

Learn more and subscribe to the Bart Baggett’s Show The World’s Most Interesting People Fan Weekly Newsletter at https://thebartshow.com

Links

Connect with Roman Balmakov:

https://www.instagram.com/facts.matter.roman

https://www.tiktok.com/@.epoch.times.roman

https://www.youtube.com/@FactsMatterRoman

https://www.facebook.com/FactsMatterRoman/

Connect with Bart Baggett

https://instagram.com/bartbaggett

https://www.instagram.com/bartshowpodcast/

https://www.youtube.com/@bartshowpodcast

https://bartbaggett.com

https://www.tiktok.com/@bartbaggett

https://x.com/bartbaggett

Podcast production and show notes provided by HiveCast.fm