EP 185: "From Boots to Bitcoin: Veterans Betting on Psychedelics and Crypto

In this exciting episode of "Money & You," Michelle Perkins converses with Joshua Brooks, a financial advisor and Army veteran with over 20 years of service. The discussion centers on the importance of financial literacy, particularly for military personnel, who often face challenges in managing their finances due to a lack of education on the subject. Joshua emphasizes the need for a mindset shift regarding money and highlights the complexities of financial planning, including investment strategies and the integration of digital assets like Bitcoin. Joshua is uniquely knowledgeable and favorable toward cryptocurrency. 

The conversation also touches on Joshua's commitment to serving veterans and their families, as well as his vision for Exponential Advisors LLC, which aims to provide innovative financial solutions. The episode underscores the significance of understanding financial tools and the emotional aspects of money management, especially in the context of military life.

 
00:03 - Mindset and money matters 
06:21 - Financial literacy in the military 
14:42 - Client engagement in finance 
20:02 - Understanding bitcoin basics 
27:17 - Investing with integrity 
35:06 - Transformative healing and finance 

Main Topics Discussed:

• Financial Literacy in the Military: The lack of financial education provided to active-duty military personnel. Common financial pitfalls faced by veterans, such as impulsive spending and inadequate financial planning.    
• -Joshua's Background:  Over 20 years of service in the U.S. Army, transitioning from infantry soldier to chaplain.  His commitment to helping fellow veterans with financial planning, investment strategies, and legacy planning.   
• - Innovative Financial Solutions:  The integration of digital assets and AI-driven insights into traditional financial planning.  The importance of understanding cryptocurrency, particularly Bitcoin, as a potential investment.
• - Psychedelics and Personal Transformation: Joshua's recent experiences with psychedelics and their impact on personal growth and financial mindset. The significance of mental well-being in managing finances effectively.
• - Investment Strategies:  Discussion on the volatility of Bitcoin and its potential as a long-term investment.  Recommendations for allocating a portion of investment portfolios to cryptocurrency.

Joshua Brooks, CFP® Founder, Exponential Advisors LLC www.exponentialadvisors.net/


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