Why do some people who earn less than you seem to live better? In this episode, Brent Daniels sits down with Tom Krol to break down the simple money habits that distinguish the wealthy from those who are constantly struggling.
Tom shares his Tax-Tithe-Table-Take system, a practical framework designed to protect your income, build wealth, and prevent unintentional financial drain. They also talk about why debt keeps you stuck, how wealthy people think differently about money, and what it really takes to create financial freedom.
You’ll Learn How To
- Follow the Tax-Tithe-Table-Take formula used by successful entrepreneurs
- Stop chasing money and start creating the right conditions for it
- Avoid the hidden trap of debt
- Build real wealth through saving, giving, and smart property ownership
What You’ll Learn in This Episode
- (01:33) Rule #1 – Pay your taxes first
- (02:13) Rule #2 – Tithe 10% to honor the principle of giving
- (02:32) Rule #3 – Table 10–15% for savings before anything else
- (04:17) Avoid debt at all costs
- (04:37) The difference between wealthy people and poor people
- (06:18) “Tax, Tithe, Table, Take”—the simplest formula for financial peace
- (06:35) Becoming wealthy means detaching yourself from money
- (07:03) Real wealth comes from owning property
- (08:25) What matters most when investing in a property
- (10:00) Treat your portfolio like a garden
- (11:03) Grow portfolios by buying single homes
Who This Episode Is For
- Entrepreneurs who are making money but feeling stuck
- Coaches and investors who want to build true wealth
- Business owners who are ready to get out of debt
- Anyone looking for a simple, faith-based approach to money
Why You Should Listen
Tom Krol and Brent Daniels share real, tested principles, not theories. You’ll learn how to protect your income, escape financial stress, and create wealth that lasts through discipline and purpose.
Connect with Brent Daniels:
- Instagram: https://www.instagram.com/realbrentdaniels/
- LinkedIn: https://www.linkedin.com/in/brentmdaniels/
Resources:
- Apply now for Coaching Inc.’s private mastermind at coachinginc.com
- Join us in Nashville on October 27–29 for the only room where 100 of the top coaches, consultants, and creators will be building and implementing together.
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